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Monthly Archives: May 2021

ICT exports jump 46pc in July-April


May 26, 2021

ISLAMABAD/KARACHI: Pakistan’s export of Information Communication Technology (ICT) grew by 46 per cent during the first 10 months of 2020-21. An official announcement said the value of ICT reached $1.70 billion as compared to $1.17bn in 10MFY20. In April, the exports of ICT grew by 66pc to $196m as compared to $118m in April 2020. ICT exports now look set …

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WB pledges support to achieve uplift objectives in Pakistan


May 26, 2021

ISLAMABAD: The World Bank on Tuesday assured continuous support to the government of Pakistan in achieving the priority development objectives, a press release issued by Ministry of Economic Affairs said. Minister for Economic Affairs Omar Ayub Khan held a consultative meeting with World Bank Country Director Najy Benhassine. Ongoing projects and development priorities of government of Pakistan for the next …

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Punjab PA now refers sugar factories law to non-existent committee


May 26, 2021

LAHORE: Defying Prime Minister Imran Khan for the third time in the last eight months and further delaying legislation on the “Sugar Factories (Control) (Amen­dment) Act,” the Punjab Assembly has referred the Act to the standing committee on food — a committee that does not exist — and asked it to report within 60 days. Speaking to Dawn, Punjab Minister for …

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19 companies authorised to manufacture mobile sets


May 26, 2021

ISLAMABAD: As the mobile sets assembling licences are set to expire next month, the Pakistan Telecommunication Autho­rity (PTA) on Tuesday issued Mobile Device Manu­facturing Authorisation to 19 foreign and local companies for the production of mobile devices locally. The licences have been issued under the Mobile Device Manufacturing (MDM) Regulations, 2021, issued by the PTA in January this year. Among …

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Current account posts $773m surplus in 10MFY21


May 26, 2021

KARACHI: The country’s current account (C/A) has been showing deficit each month since December 2020, but it remained in surplus with $773 million during the first 10 months of 2020-21 — reflecting the additional support of higher remittances and exports. The latest data issued by the State Bank of Pakistan (SBP) on Tuesday showed that the current account deficit (CAD) …

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Blake Shelton opens up on arrangements of his wedding to Gwen Stefani


May 26, 2021

Blake Shelton shared details about his wedding to Gwen Stefani, saying he’s not involved in any of the planning process for their upcoming nuptials. The country singer, in conversation with USA Today, joked that the couple’s wedding would be pretty “classless” if he was in control. He said “If I was picking our meal, it would just literally be everything …

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Brie Larson, Amber Heard reported to work for new Netflix project


May 26, 2021

Two celebrated actresses known for their acting credentials in the superhero movies are reportedly joining Netflix for an upcoming project.   The streaming giant knows the ways to give a boost to its ever-expanding clout with a line-up of the most talented actors.  The most recent addition to its family is the biggest stars from the MCU and DCEU. Captain Marvel‘s …

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Angelina Jolie criticizes judge for refusing to hear evidence against Brad Pitt from kids


May 26, 2021

American actor Angelina Jolie is slamming a judge for refusing to allow her kids to give evidence in her and Brad Pitt’s custody case. The Maleficent actor said in a filing on Monday that Judge John Ouderkirk—whom Jolie had sought to get disqualified earlier—had refused to hear evidence from her children which is relevant to their safety and well-being. “Judge Ouderkirk denied …

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