Author: Faiza Liaquat
In a significant initiative to strengthen its workforce, the Punjab Police has launched a major recruitment campaign, extending invitations to numerous individuals to join their ranks. This recruitment drive is specifically for the positions of Senior Station Assistant (SSA) and Police Station Assistant (PSA), providing an appealing opportunity for prospective candidates. Application Procedure:Prospective candidates can access the application forms on the official Punjab Police website, with the application submission deadline set for October 28, 2023. Adherence to this deadline is crucial for candidates to confirm their eligibility for these positions. Eligibility:For Senior Station Assistant (SSA) roles, candidates should be aged…
Pakistan’s premier bank and a significant player in the country’s remittance sector, HBL, collaborated with the International Association of Money Transfer Networks (IAMTN) Summit held in Dubai on October 11 and 12, 2023. The IAMTN Annual Summit brings together professionals, thought leaders, and innovators in the financial services industry to engage in discussions about challenges, initiatives, and opportunities in the field of international money transfers and remittances. IAMTN is the sole global trade association representing the cross-border payments industry. Addressing the session as a key speaker, Sagheer Mufti, Chief Operating Officer – HBL, expressed, “HBL is dedicated to innovating and…
Data released on Thursday reveals that the State Bank of Pakistan (SBP) witnessed a weekly increase of $31 million in its foreign exchange reserves, reaching a total of $7.64 billion as of October 6. The country’s overall liquid foreign reserves amounted to $13.03 billion, with commercial banks holding $5.39 billion in net foreign reserves. The central bank did not specify the exact reason for this increase. The SBP reported, “During the week ending on October 6, 2023, SBP’s reserves increased by $31 million to $7,646.7 million.” In the previous week, Pakistan’s central bank reserves had declined by $21 million. Notably,…
Canada has emerged as a highly desirable destination for international students seeking higher education. While the country offers exceptional educational standards, the associated costs can be a concern. Fortunately, several Canadian universities are addressing this by providing fully funded scholarships, including options for students from Pakistan. Here, we spotlight three prestigious institutions that offer such opportunities, ensuring financial worries don’t hinder your educational pursuits. These scholarships are just a glimpse of the opportunities available to international students in Canada. Numerous other Canadian universities offer attractive financial support packages to help you achieve your academic and career aspirations. In addition to…
Pakistan is gearing up to face India in their third match of the ongoing 2023 ODI World Cup on October 14 at Ahmedabad’s Narendra Modi Stadium. The Men in Green had essential training sessions at the iconic venue to fully prepare for the highly-anticipated encounter. After their practice in Ahmedabad, wicketkeeper-batsman Mohammad Rizwan shared valuable insights with the Indian net bowlers. He stressed the importance of the mental aspect in cricket, especially in bowling, emphasizing that becoming a better bowler requires a sharp mind. Watch Video Here: https://fb.watch/nFcovD0b7j/ Using the examples of Shaheen Afridi and Jasprit Bumrah, Rizwan highlighted that…
Master Changan Motors, a Pakistani-Chinese joint venture, has initiated the export of its Oshan X7 mid-size crossover to Kenya. Although an official announcement of the export plan is expected during an event at the Karachi plant on October 12, shipping containers carrying Oshan X7 vehicles have been observed en-route to the port in Karachi. Changan Pakistan CEO Danial Malik previously expressed the company’s intention to export right-hand drive vehicles tailored for the Pakistani market to other regions. This marks a shift from the parent company’s initial focus on left-hand drive vehicles for the domestic market. The move to export vehicles…
Pakistan has the potential to attract up to $50 billion in remittances this year, thanks to government measures aimed at curbing illegal hawala/hundi channels, according to Faisal Niaz Tirmizi, Pakistan’s Ambassador to the UAE. Tirmizi made this statement while addressing the “Remitlink: Resilient Remittances” event, jointly organized by Dellsons Associates and the Embassy of Pakistan in the UAE. Tirmizi noted that the flow of remittances has returned to normal as the government has taken regulatory and stringent measures, including a crackdown on foreign currency smuggling. These efforts have not only streamlined the remittance process but also curbed illegal channels. Usman…
Prominent Pakistani cricketer, Naseem Shah, proudly revealed that he has been granted a golden visa for the United Arab Emirates (UAE), joining the ranks of celebrities who hold this prestigious status. The 20-year-old athlete took to Instagram to share the news, posting a photo of himself receiving the golden visa from Dubai’s General Directorate of Residency and Foreigners Affairs (GDRF) officials. In his caption, Naseem Shah expressed his gratitude, stating, “It’s a great honor to receive my Golden Visa from a country I consider my second home!” Notably, other Pakistani cricket stars, such as Shadab Khan and Iftikhar Ahmed, have…
The price of gold per tola in Pakistan has seen a significant drop, decreasing by PKR 7,800, according to the All Pakistan James and Jewelers Association. The current price of gold per tola is PKR 1,097,200 for the entire tola or 11.66 grams. On a per-gram basis, gold is now priced at PKR 6,684, resulting in a cost of PKR 1,697,070 for 10 grams. Contrastingly, in the international market, the price of gold has risen by $13, reaching $1,885 per ounce. This highlights the dynamic nature of gold prices, influenced by global economic factors, currency exchange rates, supply and demand,…
Digital payments have the potential to enhance Pakistan’s GDP by approximately $25 Billion and create 4 million additional jobs, according to a recent report “Better than cash alliance”, but it has to be fintech companies at the crux to drive this change like it has happened in other emerging markets. A Karachi based payments fintech company by the name of Swich is heating up the space. The company claims to have already processed close to PKR 6 Billion in transactions in a few months according to their website and has enhanced its founding team. Muhammad Raza, who headed Enterprise Business at Paymob,…