Author: News Desk

Inflics provides it readers the information that they need in concise and short articles, making information and news more accessible to everyone.

Poland shows interest in extending trade ties with Pakistan

Poland has shown interest in enhancing bilateral trade with Pakistan. According to Poland Ambassador to Pakistan Piotr A Opalinski, Pakistan and Poland have good potential to trade many goods with each other as bilateral trade volume between Poland and Pakistan had increased to over half a billion euros. The envoy said Poland was located in central Europe and could become a hub for Pakistan’s exports to the European Union.

No human rights for prisoners: prison Adiala houses 5000 prisoners in a capacity of 1500

In an ongoing hearing about the dilapidated conditions of prison Adiala situated in Rawalpindi, it was revealed that the prison houses 4800 inmates, exceeding double its limit. Chief Justice Athar Minallah at Islamabad High Court expressed his frustrations over lack of ownership from Human Rights Ministry or Ministry of Health upon finding them not being represented in the court to debate the matter.

Saudi and UAE plan on setting up $70 billion crude refinery in India

Saudi Arabia and the United Arab Emirates are planning on setting up a refinery in the western Indian state of Maharashtra that will cost at least $70 billion. The figure exceeds the initial $44 billion estimate previously announced in 2018. The refinery and petrochemicals complex, which would secure the supply of 600,000 barrels per day of Saudi and Emirati crude oil for India’s market.

Direct flights between Azerbaijan and Pakistan to start next year

Direct flights between Azerbaijan and Pakistan to start next year, strengthening bilateral trade and economic relations as well as people-to-people contacts between the two countries. Ambassador of Azerbaijan to Pakistan Ali Alizada said that investors in Azerbaijan are keen to invest in potential sectors of Pakistan, adding that Azerbaijan attached immense importance to improvement in trade, economic and cultural relations with Pakistan.

Pakistan to issue $1 billion worth of China’s Panda bond in 2020

Pakistan plans its first Chinese yuan-denominated bond, also known as Panda bond in the first quarter of next year, worth about $1 billion, reflecting growing demand for the country’s debt as its economic outlook improved. This will be the first time that the government will be assessing the Chinese capital market, which is the third largest bond market in the world.

Islamabad Excise dept launches online token tax payment service

The Department of Excise and Taxation has  established an online system that will allow people to pay token taxes for vehicles registered with the Excise and Taxation Office (ETO) in Islamabad. Now, people will not have to visit the Excise office physically and can pay tax online which will be received by all branches of the National Bank of Pakistan.

Pakistan records handsome growth in software consultancy exports

Pakistan’s IT companies continued to strengthen their niche in software consultancy services as they attracted over $100 million in receipts in first four months of the current financial year 2019-20. It showed growth of 14.7 percent as compared to same period last year. The overall growth in this field was seen due to the improvement in demand and acceptance of Pakistani companies.

Nadra launches online registration facility for ID card

National Database and Registration Authority (NADRA) has launched the online registration facility for ID cards. The new initiative from NADRA will let people register themselves in the country’s database from the comfort of their homes by filling in a few details on NADRA website.. The fee of online registration for an Identity card is PKR 560 for normal card and PKR 750 for the smart card.