Ban: Tiktok assures development of local language

    By NewzTodays Editorial Team | July 1, 2021

    Following a ban in Pakistan, TikTok on Thursday expressed confidence in the development of local language moderation capabilities, the eagerness to take action on content that violates community guidelines, and cooperation with regulators. Tiktok in Pakistan has also faced a ban in past due to posting questionable material on its platform. The app’s community gave…

    Shariah Compliant Developmental REIT Scheme okayed

    By NewzTodays Editorial Team | July 1, 2021

    ISLAMABAD: The SECP has accorded approval for registration of the first Shariah Compliant Developmental Real Estate Investment Trust (REIT) Scheme in Pakistan under the revamped REIT regulatory framework. Earlier this year, SECP had significantly revamped the REIT Regulation, 2015. This signifies that the amendments introduced after an exhaustive stakeholder consultation process has proven to act…

    Exports key part of Pakistan’s Covid recovery target: Gerry

    By NewzTodays Editorial Team | July 1, 2021

    Islamabad: Annabel Gerry, the Director for Development for the UK in Pakistan has said that trade and exports are a key part of Pakistan’s COVID-19 recovery and growth target for the current year. We are pleased to support the government in developing a National Priority Sectors Export Strategy enabling the private sector to improve export…

    Exports of Pakistan’s goods grew by 18% in 2020-21

    By NewzTodays Editorial Team | July 1, 2021

    Islamabad:   Export of Pakistan’s goods grew by 18 % to USD 25.3 billion during FY 2020-21 which is the highest ever in the history of Pakistan. The exports on June 2021 were also the highest in any month in our past, at USD 2.7 billion. The exports of Services for the year are projected to…

    Nimra to appear with Feroze Khan in next drama

    By NewzTodays Editorial Team | July 1, 2021

    News Report Islamabad: Nimra Khan, who celebrated her 30th birthday on June 26, has so far remained out of the chart hitting the top five dramas of Pakistani Tv channels. Although female drama actress from Karachi has worked for all the Tv channels in Pakistan. The dramas yet out of the chart featuring the top five…

    Foundations’ Real Estate businesses come under Radar

    By NewzTodays Editorial Team | July 1, 2021

    Cabinet tasks Law Minister to compile a report regarding misuse of tax exemptions Aftab Ahmed Islamabad: The government has initiated a probe to check the misuse by the charitable organizations including army welfare Trust, availing tax exemptions, and have invested in commercial businesses of the real estate in Pakistan. Real estate becomes a lucrative business…

    Four Banks involve in write off loans worth Rs 842 million

    By NewzTodays Editorial Team | June 29, 2021

    SBP imposes a penalty on ZTBL, Bank Al-Habib, Bank Islami Pakistan, Habib Metropolitan Limited for violating policy guidelines Aftab Ahmed The State Bank of Pakistan (SBP) has imposed a penalty on Zarai Tarqiati Bank Limited (ZTBL) for writing off loans in violation of the Central bank’s policy guidelines. The cabinet has sought a list of…

    Govt appoints Aslam R. Khan as Chairman Board PIA

    By NewzTodays Editorial Team | June 29, 2021

    Aftab Ahmed Islamabad: The government has appointed Govt appoints Aslam R. Khan as Chairman Board of directors Pakistan International Airlines Corporation Limited (PIACL). The Aviation Division briefed the Cabinet government had approved the composition of the existing Board of Directors of Pakistan International Airlines Corporation Limited (PIACL) under section 165 of Companies Act, 2017 in…

    CCoP seeks Mari’s financials to delist from Privatization

    By NewzTodays Editorial Team | June 29, 2021

    Aftab Ahmed To remove the company from the list of privatizations, the Cabinet Committee on Privatization (CCoP) has directed the Petroleum Division to submit a complete business proposal indicating the return on investment. The Petroleum Division briefed the CCoP about the case proposed that the government should maintain its shareholding in MPCL. It further suggested…

    Scaryammi wins Rs 1m in Startups Cup Finale

    By NewzTodays Editorial Team | June 29, 2021

    ISLAMABAD: Scaryammi, Pakistan’s first mothering community application has won the first prize of Rs 1 million in the seventh edition of the Startups Cup Finale. Startups in Pakistan have made footprints and become a source of employment for the youth. The Indus Entrepreneurs (TiE) Islamabad, in partnership with U.S. Embassy in Islamabad, concluded the seventh…