Daily Archives: November 24, 2021

Top 4 SA Teams from PUBG MOBILE Pro League MENA & South Asia Championship Season 1 Booked PUBG MOBILE Global Championship 2021 Slots

PAKISTAN, Nov. 24, 2021 /PRNewswire/ — The first-ever cross-region pro-level tournament in the form of PUBG MOBILE Pro League MENA & South Asia Championship came to its grand closure on 14th November. Teams from PMPL Arabia Season 2, PMPL South Asia

PM accords approval to merger of ERRA into NDMA

Prime Minister Imran Khan has accorded approval to the merger of Earthquake Reconstruction and Rehabilitation Authority into National Disaster Management Authority. Presiding over a meeting of the ERRA Council in Islamabad today [Wednesday], he issued directives to hand over 2,200

Finance Ministry Rubbishes False Claims About LNG Shortfalls During Winters

In an interesting development, a certain news item published in the national daily, The News, titled, “Govt couldn’t purchase gas Cargoes in time, admits Tarin,” has been dubbed by the Finance Ministry as misleading and out of context. When the

ECNEC approves 69 km long Sialkot–Kharian Motorway

Executive Committee of the National Economic Council has approved Sialkot–Kharian Motorway project costing Rs.43,382.552 million for construction of 69 kilometer long, 04-lane wide Sambrial- Kharian Motorway. Adviser to the Prime Minister on Finance and Revenue Mr. Shaukat Tarin, chaired the

Dozens of Companies Are Pulling Out of China to Set Up in Gwadar

Ministry of Maritime Affairs has informed the Senate Committee that 40-45 Chinese companies are being dislocated from China and anticipated to set up their plants in Pakistan, especially in Gwadar, in the next two years. The Senate Standing Committee on

Rupee Crashes Again Breaking the Winning Streak Against the US Dollar

The Pakistani Rupee (PKR) has broken its winning streak against the US Dollar (USD) once again and depreciated 73 paisas against the greenback in the interbank market. It depreciated by 0.42 percent against the USD and closed at Rs. 175.04

State Bank of Pakistan Projects 4-5% GDP Growth Rate in FY22

The GDP [Gross Domestic Product] growth of Pakistan is expected to stay within the range of 4-5 percent in the fiscal year (FY) 2021-22, according to the annual State of the Economy report of the State Bank of Pakistan (SBP)

Shell Makes a Big Announcement on Opening Petrol Pumps During Strike

The news of a strike by petroleum dealers has become a matter of great worry for motorists across Pakistan. However, Shell has announced that it will also keep all of its Company-Owned-Company-Operated (COCO) filling stations open during the strike from

Google Weighs Pakistan’s Economic Potential through Digital Transformation

Digital transformation can help Pakistan unlock up to Rs. 9.7 trillion ($59.7 billion) in annual economic value by 2030, equivalent to about 19 percent of the country’s GDP in 2020, according to a new report commissioned by Google. The report—released at

Telecom Revenue Shrank by 4.1% While Indicators Going Up in FY21

The telecom industry recorded a decline in revenue stream by 4.1 percent to Rs. 541.4 billion in FY21 according to the State Bank of Pakistan (SBP). The SBP in its Annual Report 2020-21 on the State of Pakistan’s Economy, stated