Pakistan News

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  • Creative cities, on a macro and micro level

    The same project has further expanded since its genesis and now five second-tier cities have been included in the fold: Hyderabad, Peshawar, Quetta, Gilgit and Multan...

    After launching a research report that identities “five Pakistani creative cities that have the potential to become thriving creative economies”, a panel discussion was held at the British Council Library on Friday to discuss some of the findings of the study, and...

  • Micro power stations lighting up lives of Malakand people

    The story of the off grid mountainous Malakand region is different from rest of the country as they are making use of their huge water potential by establishing micro hydropower stations to generate cheaper electricity...

    SRSP official says 100 MHPs supplying electricity to people in remote areasUnder the project for isolated non-grid rural communities, 165 micro hydropower generating units are being constructed with a production...

  • Grant distributed to Mansehra people for micro-business

    MANSEHRA: The Pakistan Poverty Alleviation Fund and Sungi Development Foundation on Tuesday jointly gave away Rs4 million cheques to people in Karnool and Gari Habibullah union councils for micro-business...

    In all, 80 men and women got Rs50,000 cheques each for setting up micro-businesses and purchasing animals...

  • SECP approves micro-insurance product for low-income group

    ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved a new micro-insurance product aimed at providing hospitalisation coverage to low-income clients of a microfinance institution...

    The approval of the product — named ‘First Sehat Tahaffuz Plan’ — under the SECP Micro-insurance Rules 2014 was in line with the objectives of the National Financial Inclusion Strategy (NFIS) recently adopted by the federal...

  • Batagram gets six micro-hydropower units

    MANSEHRA: The Batagram district administration has completed work on six micro-hydropower projects, while work on 14 more such projects is underway...

    “We have been generating electricity from six micro hydropower projects...

  • Kurram Agency gets micro-hydel power station to do away with loadshedding

    In an effort to reduce loadshedding in the region, local government in Upper Kurram has set up a micro-hydel power station on the banks of River Kurram at Norkhan Kanda...

    While the local residents were happy at the establishment of micro-hydropower station, they urged the government to protect their cultivated lands on the bank of River Kurram which always floods during monsoon because of raised water levels...

  • NYT accuses software firm of running fake degree empire

    The lead story — Fake Diplomas, Real Cash: A Net of Made-Up Schools — by veteran reporter Declan Walsh and carried on the front page of the Times described Axact as a “secretive” Pakistani software company that offers “everything from high school diplomas for about $350, to doctoral degrees for $4,000 and above”...

    Axact employs over 2,000 people and calls itself Pakistan’s largest software exporter...

  • SBP to facilitate software exports

    KARACHI: The State Bank of Pakistan has decided to facilitate software exporters by reviewing instructions related to the export of software and removing hurdles, a circular issued by the SBP said on Friday...

    The instructions related to the exports of software are contained in F...

  • Android software creator unveils ‘Essential’ phone

    SAN FRANCISCO: A creator of the Android software powering smartphones around the world steps into the hardware market with a handset that promises to tackle the clutter, complexity and rapid obsolescence of current devices...

    Google makes Android software — which powers most of the world’s smartphones — available free to device makers...

  • Apple to set up software lab in India

    MUMBAI: Apple Inc will set up a software laboratory in India to help Indian startups and developers working on the company's iOS platform, Apple said hours after Chief Executive Tim Cook began his first official visit to the country...

    The company is also expected to unveil plans to expand its software development centre in the southern city of Hyderabad, also home to Microsoft's first India office, where engineers are working on...

  • NBP pays penalty for flaws in ‘software screening’

    The WSJ said that “the case illustrates how companies can be penalised for violating sanctions, even if the illegal transactions are only processed because of flaws in “screening software...

    ”The National bank’s sanction screening software failed to recognise the name of the account name LC Aircompany Kyrgyztransavia as belonging to Kyrgyz Trans Avia account, OFAC said...

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