Pakistan’s first Pashto web-series to be launched by RINSTRA and classic broadcasting

Pashto has around 60 million native speakers and around 35 million people in Pakistan speak the language, yet the Pashto film and drama industry is unable to grow due to poor scripts, indecent content, and piracy. RINSTRA in collaboration with Classic Broadcasting is producing first ever Pashto web-series for its digital platform www.rinstra.com

Read the rest

Daily cargoes handling report of Karachi Port Trust

The Karachi Port Trust handled 124,794 tons of cargo comprising 101,120 tones of import cargo and 23,674 tons of export cargo during last 24 Hrs ending at 0700 Hours.

TOTAL IMPORT CARGO:

The total import cargo of 101,120 tons comprised of 21,626 tons of Containerized Cargo, 759, Tons of Bulk Cargo, 2,449 Tons of DAP, 30,453 Tons of Wheat, 3,163 Tons of Sugar and 42,670 Tons of Oil/Liquid Cargo.

Read the rest

New cohort of innovators and problem solvers join NIC

The National Incubation Centre (NIC) welcomed a fresh batch of innovators and problem solvers to its Foundation Programme at LUMS in Lahore and BUITEMS in Quetta. NIC aims to bolster the start-up ecosystem of Pakistan by incubating a greater percentage of businesses that scale to address a large commercial opportunity and attract investment capital for growth.

Read the rest

Urea plant goes offline in Pakistan

Pakistan, one of urea producers – Agritech Ltd, has informed Pakistan Stock Exchange (PSX) today that it is closing its urea plant due to gas shortage at Distt. Mianwali.

The notification says that the company’s urea plant is being shut down from 30-11-2020 due to Gas Curtailment by Government of Pakistan.

Read the rest

The 13th International Urdu Conference

Addressing the 13th International Urdu Conference organized by Arts Council of Pakistan Karachi, the scholars and intellectuals said that no matter the language, hatred does not teach love. Urdu has spread the message of love all over the world. Writers and intellectuals should guide society.

Read the rest

Oil products data see positive trend in November 20

As per provisional data, overall OMC sales in November 2020 grew 21% yoy but 1% mom to 1.72mn tons. However, excluding furnace oil (FO) sales, petroleum sales rose an impressive 10% mom even though November typically has slow demand. HSD sales continue to impress, up 29% yoy and 20% mom to c.0.8mn tons, retaking its position as the highest volume fuel.

Read the rest

PSX Market traded range bound today

Market traded range bound after a gradual yet sketchy run up from ~39500 level till now, which has resulted in an addition of 2500pts however, Investors still seem perplexed for reasons of rising cases of Corona and potential negative impact of lock down.

Read the rest

Naheed.Pk honors top Pakistani athletes

Naheed.pk, the commerce initiative of Naheed Supermarket, a leading name in retail shopping in Pakistan, honored the top athletes, in a colorful ceremony held recently as part of Conclave Pakistan 3.0, an event organized by e-Creatorz and America Pakistan Business Development Forum, to commemorate their successes.

Read the rest

Zong 4G introduces matchless Saudi Arabia international roaming offer

Country’s connectivity and digital services leader, Zong 4G, has introduced a matchless international roaming offer for customers traveling to the Kingdom of Saudi Arabia. The offer is in continuation of Zong 4G’s industry-leading international roaming solutions to help Pakistanis stay connected with friends and family back home on their travels abroad.

Read the rest

Murad Saeed launches e-bidding system in NHA

Federal Minister for Communications and Postal Services Mr Murad Saeed launched E-Bidding system in National Highway Authority today that will pave the way to ensure transparency in awarding contracts of NHA schemes. To this effect, a simple ceremony was held at NHA head office addressed by Federal Minister for Communications and Postal Services Mr.

Read the rest

Pakistan Liquid foreign reserves decreased by US$ 305 million

December 03, 2020- Pakistan’s Liquid foreign reserves stood at US$20,241.8 million on 27-November-2020.

The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan: US$ 13,110.9 million

ii) Net foreign reserves held by commercial banks : US$ 7,130.9 million

iii) Total liquid foreign reserves : US$ 20,241.8 million

During the week ended 27-November-2020, SBP reserves decreased by US$ 305 million to US$ 13,110.9 million due to external debt repayments.

Read the rest

PTCL concludes Webinars-for-a-Cause series under its Razakaar initiative

Pakistan Telecommunication Company Limited (PTCL) concludes Webinars-for-a-Cause series under its Razakaar initiative, which was attended online by more than 160 young graduates from a multitude of backgrounds and economic strata. The series also included students with hearing and speech impairment, with two exclusive webinars for their benefit to develop their skills and confidence building.

Read the rest