Pakistan’s two leading car assemblers, Toyota and Suzuki, plan partial plant shutdowns next month due to unavailability of raw material amid import restrictions and exchange rate volatility. The freefalling of rupee has had a cascading effect on industries that rely on imports to complete finished goods as the central bank delayed clearance of letters of credit with banks facing a shortage of dollars, affecting their ability to import materials.
Pakistani truck art has made waves globally many a times in the past. The popular form of art has inspired gallery exhibitions abroad and prompted stores in Western cities to sell miniatures, becoming one of Pakistan’s best-known cultural exports. Recently, a new video by Korean pop band Blitzers, has shone the spotlight on the potential of Pakistani culture.
District Police Officer (DPO) Gujrat, Atta-ur-Rehman, dismissed Station House Officer (SHO) Daulat Nagar, Sub Inspector Aslam Hunjra, from service for disguising a male officer as a female officer. According to details, Daulat Nagar Police had arrested three suspects, including a woman, for illegal possession of arms and drug peddling. As usual, a picture of the raiding team along with the arrested individuals was also shared on the social media accounts of the concerned Police Station.
A vlogger and social media activist from the United States, Arabela Urpi, 21, stated that she was raped by Muzmal Sipra and Shehzad of Rajanpur on the night of July 17 in a hotel room. The Border Military Police (BMP) has registered a rape case on the complaint of the vlogger. The complainant also said she had received threats from Sipra to not pursue legal proceedings.
Meet Abdul Hadi Jaliawala, a young entrepreneur from Karachi, who is leading the change in garment industry of Pakistan. Jaliawala is amongst very few who are making big in industrial sector of our country at the age of 23 only. Within three years, Abdul Hadi has let Ghausia embroidery to heights of success, making it the secret behind every top clothing brand in Pakistan including Bonanza Satrangi, Alkaram, Gul Ahmed and J. among others.
In 2019, Fishel Khalid, became the first Pakistani Jew to travel to Israel. Khalid, who had declared himself as a ‘Jew’ was issued a fresh passport by the Pakistani authorities, which mentioned his religion as ‘Judaism’. Khalid was in contact with NADRA since 2016 to get himself registered as a Jew and after a long battle his claim was admitted by the government.
Pakistan’s top performing startup, Airlift, announced on Tuesday that it had permanently shut operations in the country after day-to-day running finances dried up and an attempt to raise fresh funds failed last week. The grocery delivery startup had raised the largest financing of $85 million in the country’s history in the Series B funding round in August 2021.
Six hundred Pakistanis will receive fully funded Saudi scholarships to join top universities in the Kingdom. The scholarship initiative, which was announced by the Kingdom last year, was launched by the Saudi Ministry of Education earlier this week. It includes 25 universities that will receive students pursuing diploma, bachelor’s, master’s and doctoral studies. The students will join their respective programs in September-October.
Tea in indeed Pakistan’s national drink as budget documents reveal Pakistan imported tea worth Rs. 83.88 billion during the fiscal year 2021-22, Rs13 billion more than the previous year. The country imported tea worth Rs. 70.82 billion during the previous fiscal year. In response, Federal Minister for Planning, Development, Reforms and Special Initiatives Ahsan Iqbal appealed that nation should reduce the tea consumption.
While Pakistan suffers from extreme economic disability with IMF down its throat, Finance Minister Miftah Ismail on Friday proposed a Rs9.5 trillion inflationary federal budget. The new budget for fiscal year 2022-23 provides solace to the salaried class whose tax burden has been significantly lessened in addition to 15% increase in salaries of the inflation-stricken government employees.