Pakistan’s First Women-Team Builds Formula Car To Race In Intl. Student Competition

JUL 3, 2018: Pakistan’s first all-girl team from National University of Science and Technology (NUST) has developed a Formula car and are all set to represent the country in the International Formula Student competition in England this month. “It was a challenging job, but we completed our Formula car in just five months,” Harim Akhtar, […]

With 60 Of These Drones Pakistan Can Plant A Billion Tree In One Year While Dams Are Built On War-Footing

JUL 2, 2018 (BE2C2): It’s simple maths. We are chopping down about 15 billion trees a year globally and planting about 9 billion. So there’s a net loss of 6 billion trees a year. In the region, the man-made deforestation maths is skewed heavily against Pakistan. Decades of felling and natural disasters have drastically reduced […]

US, India Convergence On Chabahar-Afghanistan ‘Corridor’ Amid Divergence On Iran Oil

IRSHAD SALIM (JUL 2, 2018): US Ambassador to the United Nations Nikki Haley on June 27 told India’s Prime Minister Narendra Modi that Washington would back his country’s plan to develop the Iranian seaport of Chabahar to open up a trade route to Afghanistan and Central Asia. Former US Secretary Rex Tillerson had indirectly said […]

National Crisis: Why Only 3Pct Among Thousands Appearing In Public Services Exams Pass

Deficiency in critical thinking, analytical approach and written skills, while a culture of notes and cramming pervade the system. JUL 2, 2018 (BE2C2): The recent announcement of results by the Federal Public Service Commission (FPSC) once again exposed the inadequacies in quality of education in Pakistan. According to the result, just a little over three […]

If You Did Not File Tax Returns Last Year You Can’t Buy Cars Or Motorcycles

JUL 1, 2018 (BE2C2): From Monday onward, only people who file their taxes will be allowed to buy vehicles. The Federal Board of Revenue (FBR) has prohibited people who do not file their taxes, or are non-filers, from purchasing cars and motorcycles. Their requests to get their vehicles registered will not be entertained either. As […]

China Mobile: World’s Largest Telecom Can’t Access U.S. Market –For National Security Risks

National security concerns raised after jump in cyber attacks against US JUL 3, 2018 (BE2C2): The Trump administration has cited national security concerns to deny China Mobile entry into the US, dealing a blow to one of China’s biggest state-owned telecoms providers amid a looming trade war between the two countries. The National Telecommunications and […]

Iran Vows To Thwart US Sanctions By Allowing Private Sector To Export Oil

JUL 2, 2018 (BE2C2): Iran will allow private companies to export crude oil, part of a strategy to counter US sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on Sunday. Iran is looking at ways to keep exporting oil as well […]

China Lends $1 Billion to Pakistan to Boost Dwindling Foreign Reserves

JUN 30, 2018: China has lent Pakistan $1 billion to boost the country’s plummeting foreign currency reserves, two sources in the finance ministry told Reuters, amid growing speculation of another International Monetary Fund bailout. The latest loan highlights Islamabad’s growing dependence on Chinese loans to buffer its foreign currency reserves, which plunged to $9.66 billion […]

Can India and Bhutan’s Success With ‘Plastic Roads’ Be Emulated By Pakistan?

IRSHAD SALIM (JUN 30, 2018): More than 34,000km of plastic roads have been built in India, mostly in rural areas, according to World Economic Forum report. A new report, however, states that the actual length of such roads using the innovative, home-grown technique runs for more than 100,000km as of October. The new road building […]

US Calls Off Key Talks With India Amid Tensions Over Trade Tariffs, Iran Oil

JUN 30, 2018: Indian Foreign Minister Sushma Swaraj and Defense Minister Nirmala Sitharaman were to hold talks with their American counterparts Mike Pompeo and James Mattis next week on economic, trade and defense issues. But with trade tensions escalating between India and United States, the high-level 2+2 dialogue between the two countries has been called […]

Find Out Why These Three Pakistanis Received Queen’s Young Leaders Awards

JUN 29, 2018 (BEE2C2): Three young Pakistanis received the prestigious Queen’s Young Leaders Awards at Buckingham Palace in London on Tuesday. Mahnoor Syed, Haroon Yasin and Hassan Mujtaba Zaidi were presented with medals by Queen Elizabeth II for their outstanding contributions to their community with their high impact cost-effective initiatives in learning, literacy growth and […]

Pakistan Put On Money-Laundering, Terror Finance Watch List For Lack Of ‘Adequate Measures’

Pakistan placed on FATF ‘grey list’ despite diplomatic efforts to avert decision; “We were told in February that we will be placed on the grey-list” – FO Spokesman JUN 28, 2018 (BE2C2): Late Wednesday night, Pakistan was officially placed on the Financial Action Task Force (FATF) ‘grey list’, despite the country’s diplomatic efforts to avoid […]

Top Court Allows Bahria Town To Continue In Larger Public Interest With Caveats

Real Estate Tycoon Malik Riaz was present at the hearings, along with many overseas Pakistanis and investors in Bahria projects. JUN 28, 2018: Bahria Town has been ordered to deposit Rs5 billion (US$42 million) as surety within two weeks before the Supreme Court, and 20% from the total amounts collected every month by the real […]

Facebook Abandons Plans to Build Its Own Internet Drones

JUN 27, 2018 (BE2C2): Facebook announced it would be scrapping plans to develop its own flying Internet drones, an initiative that started four years ago. In a Tuesday blog post, the social network said work on Project Aquila, which was intended to bring Internet access to remote parts of the world by using gigantic drones […]

“Oil Is Now Front And Center Of Conflict In Libya”

Libyan oil production has been hampered by conflicts stemming from civil war that erupted in the wake of Arab Spring movements JUN 27, 2018 (BE2C2): Libya’s National Oil Corp. said it rejected a move by the Libyan National Army to move on exports from the Gulf of Sirte. The move followed militant raids on oil […]

End Of The Road For Expat Drivers, With Emergence Of ‘New Normal’ In Saudi Arabia

JUN 26, 2018 (BE2C2): The recruitment of foreign drivers in Saudi Arabia will decrease by 50 percent over the next 10 years due to the new law allowing women to drive, according to some experts. The ban was lifted on June 24 — the world’s only ban on women driving. It’s part of a series […]

Renowned Pak Economist Dr Shahid Hassan Honored With Special Russian Award

JUN 25, 2018: Russia has honored renowned Pakistani economist Dr Shahid Hassan with a special award in recognition of his contribution towards betterment of friendly relations between the two countries. Russian Foreign Minister Sergey Lavrov conferred the award on Dr Hassan on behalf of his government in a ceremony hosted by the Association of Pakistani […]

Act Now Or Cry Later, FBR Chief Warns Businesses As Tax Amnesty Deadline Nears

JUN 24, 2018 (BE2C2): The head of Federal Board of Revenue (FBR) on Saturday warned business community that the government has collected virtually the entire data related to hidden and undeclared assets held inside and outside the country, therefore the tax amnesty scheme gives them an opportunity to whiten such assets on paying tax at […]

Tax Amnesty Scheme Gets Overwhelming Response, Says FBR

Global tax laws were being changed and soon it would become difficult for Pakistanis to hide their assets overseas: FBR Chairman JUN 23, 2018 (BE2C2 Report): Tax Amnesty Scheme was receiving encouraging results and its success would help resolving the current account deficit and balance of payment issues. This was stated by spokesman for Federal […]

Trillions of Dollars in Investments Needed in Oil, Says OPEC

The required global oil sector investment in OPEC’s World Oil Outlook is estimated to be $10.5 trillion JUN 22. 2018: Given the pace of global economic development, oil demand is strong, but major investments are needed to keep up, the president of OPEC said Friday. Ministers from the Organization of Petroleum Exporting Countries wrap up […]