Digital payments continue brisk growth in Q1 of FY 2022

KARACHI, Feb 28 (APP):State Bank of Pakistan on Monday released its first quarterly report of payment systems for current fiscal year; covering the period July – Sept. 2021, which shows that Pakistan’s payment ecosystem, especially though digital platforms, continued its brisk pace of growth. E-banking—defined as transactions conducted via electronic channels including Real-time Online Branches,… Continue reading Digital payments continue brisk growth in Q1 of FY 2022

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PM provides relief to consumers by reducing Rs 5 per unit in power tariff: Farrukh

ISLAMABAD, Feb 28 (APP):Minister of State for Information and Broadcasting Farrukh Habib Monday said Prime Minister Imran Khan provided a major relief to some 95 per cent electricity consumers by announcing reduction in power tariff by Rs 5 per unit. The minister, in a tweet said the cut in power tariff would lower electricity bills… Continue reading PM provides relief to consumers by reducing Rs 5 per unit in power tariff: Farrukh

FCAs in electricity bills to be absorbed as per PM directives: Hammad

ISLAMABAD, Feb 28 (APP):Minister for Energy Hammad Azhar Monday said the government would absorb the Fuel Cost Adjustments (FCAs), incurred in the electricity bills due to rise in prices of imported fuels, in order to ensure relief to common man in line with the directives of Prime Minister Imran Khan. “On the instructions of the… Continue reading FCAs in electricity bills to be absorbed as per PM directives: Hammad

Capital reports lowest Covid daily cases count since Jan 3

ISLAMABAD, Feb 28 (APP): Health officials on Monday reported only 44 new Coronavirus cases in the federal capital, making it the lowest single-day tally in the last 56 days. According to an official of the National Command and Operation Center (NCOC), as many as 1,555 cases were reported on the same date in the last… Continue reading Capital reports lowest Covid daily cases count since Jan 3

Pakistan among top ten countries affected by climate change in last 20 years

ISLAMABAD, Feb 28 (APP): Given recurrent natural catastrophes such as floods, droughts, heatwaves, and cyclones, Pakistan has been ranked as one of the top ten countries most affected by climate change in the past 20 years. From 2000 to 2019, Pakistan scored 29.1 on the Climate Risk Index on average, had 502.45 fatalities per year,… Continue reading Pakistan among top ten countries affected by climate change in last 20 years

Arrangements finalized to hold ‘Derajat off-road challenge’ in D.I.Khan

ISLAMABAD, Feb 28 (APP): Provincial Minister for Local Government and Rural Development, Khyber Pakhtunkhwa, Faisal Amin Gandapur on Monday said that all arrangements have been finalized to hold the ‘Derajat off-road challenge’ in Dera Ismail Khan. Sharing the details of the event, the minister said that the Derajat Off-Road Challenge along with China Pakistan Economic… Continue reading Arrangements finalized to hold ‘Derajat off-road challenge’ in D.I.Khan

Sheikh Rashid discusses bilateral ties with Turkish Deputy Interior Minister

APP38-280222 Islamabad: February 28 - Visiting Deputy Minister for Interior of Turkey H.E. Ismail Gatakli along with his delegation holding bilateral talks with his Pakistan counterpart Interior Minister Sheikh Rashid Ahmed and his team. APP photo by Javed Qureshi

ISLAMABAD, Feb 28 (APP): Deputy Minister for Interior of Turkey Ismail Gatakli here on Monday called on Interior Minister Sheikh Rashid Ahmed and discussed issues related to regional security situation, illegal immigration and human trafficking. During the meeting, both the ministers also discussed issues of mutual interest, including Pak-Turkish bilateral relations, said a press release.… Continue reading Sheikh Rashid discusses bilateral ties with Turkish Deputy Interior Minister

Economy continues to be strong, says monthly economic outlook

ISLAMABAD, Feb 28 (APP): Pakistan’s economic performance continues to be strong as cyclical position was witnessed slightly above neutral and the trend growth rate of potential output remained strong, according to monthly Economic Update and Outlook for February 2022. According to the document released by the Finance Ministry here Monday, the rebased Large Scale Manufacturing… Continue reading Economy continues to be strong, says monthly economic outlook

Music maestro Alamgir coming back soon

MULTAN, Feb 27 (APP): Living legend, Alamgir, who may safely be dubbed as “Father of Pop Music” in Pakistan, is making his comeback in music industry soon for which he recorded his four new songs. “ I have recorded four new songs and is making my comeback soon as I’m completely fit after kidney transplantation.… Continue reading Music maestro Alamgir coming back soon

British Church’s Archbishop, envoy call on COAS

RAWALPINDI, Feb 28 (APP): Archbishop of Canterbury and Head of the Church of England Justin Welby and British High Commissioner Doctor Christian Turner Monday called on Chief of Army Staff (COAS) General Qamar Javed Bajwa here at the General Headquarters. During the meeting matters of mutual interest, religious and inter-faith harmony were discussed, said an… Continue reading British Church’s Archbishop, envoy call on COAS

IWMB serves closure notices to La Montana, recreational restaurants, Senate body told

ISLAMABAD, Feb 28 (APP): The Senate Standing Committee on Climate Change on Monday was informed that the Islamabad Wildlife Management Board (IWMB) has served notices to La Montana and all other recreational restaurants for closure to preserve nature and conserve the National Park. The Senate Committee chaired by Senator Seemee Ezdi, discussed the concerns on… Continue reading IWMB serves closure notices to La Montana, recreational restaurants, Senate body told

PTA conducts second nationwide mobile quality of service benchmarking test

ISLAMABAD, Feb 28 (APP): Pakistan Telecommunication Authority (PTA) has conducted a second nationwide Network Performance Score (NPS) Benchmarking Campaign in different cities, towns, and motorways/highways throughout the country to assess the quality and performance of mobile networks in line with the latest NPS methodology. A total of five cities, four towns, and four motorways/highways were… Continue reading PTA conducts second nationwide mobile quality of service benchmarking test

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Afridi directs to resolve issues of Overseas Pakistanis

ISLAMABAD, Feb 28 (APP): Advisor to the Prime Minister on Overseas Pakistanis Ayub Afirdi visited Overseas Pakistanis Foundation (OPF) Housing Schemes in Lahore on Monday and gave out directives to resolve issues being faced by Overseas Pakistanis regarding their investments therein. The Advisor visited various projects by OPF in Lahore to evaluate the progress of… Continue reading Afridi directs to resolve issues of Overseas Pakistanis

Speakers for formulating policy to understand Hindutva mindset & Indian hegemonic designs

ISLAMABAD, Feb 28 (APP): The speakers at a conference Monday stressed the need for formulating a national level policy by engaging Pakistani think tanks to understand Hindutva mindset and Indian hegemonic aspirations. Hindutva ideology was transitioning India to the biggest fascist regime of the world as it was based on discrimination, hatred, and superiority, they… Continue reading Speakers for formulating policy to understand Hindutva mindset & Indian hegemonic designs

PAF marks creation of ‘No 28 MR Squadron’ equipped with JF-17s

ISLAMABAD, Feb 28 (APP): The Pakistan Air Force (PAF) on Monday marked the creation of Number 28 Multirole Squadron, equipped with the latest JF-17 Thunder fighter jets, to make the country’s defence stronger. The PAF, in a series of tweets posted on its official Twitter handle, said, “Today marks the date when elite ‘No 28… Continue reading PAF marks creation of ‘No 28 MR Squadron’ equipped with JF-17s

Foreign exchange rates

KARACHI, Feb 18 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Friday. CONVERSION RATES FOR 18TH FEBRUARY 2022 FOR FOREIGN CURRENCYFOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE FEBRUARY 23, 2022 USD 175.3560 GBP 238.1510 EUR 198.9063 JPY 1.5251

Foreign exchange rates

KARACHI, Feb 17 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the followingExchange rates bulletin, here on Thursday. CONVERSION RATES FOR 17TH FEBRUARY 2022 FOR FOREIGN CURRENCYFOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE FEBRUARY 22, 2022 USD 175.6403 GBP 238.0277 EUR 199.7733 JPY 1.5186

Qadri says his ‘letter on Hijab Day’ being misinterpreted for ‘point-scoring’

ISLAMABAD, Feb 17 (APP): Religious Affairs and Interfaith Harmony Minister Pir Noor ul Haq Qadri Thursday said some politicians were misinterpreting his letter to Prime Minister Imran Khan for marking Hijab Day on March 8, just for ‘point-scoring’. Such elements had in fact resorted to negative propaganda for political mileage without even going through the… Continue reading Qadri says his ‘letter on Hijab Day’ being misinterpreted for ‘point-scoring’

Murad targeted for being middle class political worker: Farrukh

ISLAMABAD, Feb 17 (APP): Minister of State for Information and Broadcasting Farrukh Habib said on Thursday Minister for Communication Murad Saeed was targeted for belonging to a middle class family, who came to the politics from the grassroots level. The minister, in a tweet, said he and Murad worked together as Insaf Students Federation (ISF)… Continue reading Murad targeted for being middle class political worker: Farrukh

Domestically produced automobiles gaining popularity in Pakistan: Chinese expert

BEIJING, Feb 17 (APP): The rise in automobile sales shows the steady growth of Pakistan’s economy under the impact of epidemic, said Jian Peng, Pakistan’s Honorary Investment Counselor in China, who is also an expert on automobile industry in the Research Association of China World Trade Organization. Jian Peng said, “In the past, imported cars… Continue reading Domestically produced automobiles gaining popularity in Pakistan: Chinese expert

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