Friendly Nations to Invest $27 Billion in Pakistan: Ahsan Iqbal

Friendly Nations to Invest $27 Billion in Pakistan: Ahsan Iqbal

Ahsan Iqbal, Minister for Planning and Development, said that the government was fully committed to implementing judicial and socioeconomic changes that would speed up Pakistan’s economic growth. In his Sunday TV speech, he made it clear that the country’s peace and security would not be threatened in any way. Because Iqbal didn’t like the way … Read more

Amendment 47 | Changes to Appointment and Extension of Service Chiefs

Changes to Appointment and Extension of Service Chiefs

Pakistan’s ruling party is getting ready to make several important changes to the constitution. These will include major changes to how civilian and military leaders are chosen and how long they serve. Along with the suggested changes, a clear term for the Chief Justice of Pakistan’s office and new rules for choosing and extending service … Read more

Notices Issued to 10 Steel Suppliers of DISCOs for Collusive Bidding

Notices Issued to 10 Steel Suppliers of DISCOs for Collusive Bidding

The Competition Commission of Pakistan (CCP) has sent “show-cause” letters to ten steel structure suppliers who were involved in procurement tenders put out by different Distribution Companies (DISCOs). These suppliers are accused of bidding against each other. Ajmer Engineering Electric Works (Pvt) Ltd, Khalifa Sons (Pvt) Ltd, Siddique Sons Engineering (Pvt) Ltd, Vision Engineering (Pvt) … Read more

Constitutional Amendment Package: Deadlock & Number Game

Deadlock and Number Game

ISLAMABAD – The federal government is unlikely to present the proposed constitutional amendments in the National Assembly today, as efforts to resolve the ongoing deadlock with opposition parties continue. Reports indicate that the federal cabinet meeting, scheduled for today, has been postponed, suggesting that the bill will not be introduced in parliament as planned. A … Read more

Qaumi Bachat Bank: Updated Profit Rates on Short-Term Savings Certificates

Updated Profit Rates on Short Term Certificates Starting September 2024

ISLAMABAD – Introduced in 2012, the Short-Term Savings Certificates (STSCs) program aims to cater to the short-term funding needs of investors, offering maturity periods of 3 months, 6 months, and 1 year. These certificates are pledgeable, allowing both Pakistani nationals and Overseas Pakistanis to invest. Investors can start with a minimum deposit of Rs 10,000, … Read more

Pakistan Increases Permit Fees for Climbing K2

Pakistan Increases Permit Fees for Climbing K2

GILGIT: The second-highest mountain in the world, K2, has a permission charge that has increased significantly, according to a recent announcement from the Gilgit-Baltistan (G-B) administration. The new policy is expected to affect mountaineers in the country as well as abroad. The G-B Tourism, Sports, Culture, Archaeology & Museum Department has announced updates to the … Read more