“There Will Only be Democracy in This Country”: Chief Justice of Pakistan

(PKONWEB) — The Chief Justice of Pakistan Mian Saqib Nisar Thursday once again dismissed rumors of the possibility of a “judicial martial law” being imposed in the country, saying there is no provision in the Constitution that allows for such a move. Justice Nisar said he could only laugh at the talk of a ‘judicial […]

Govt Mulls Taxing Foreign Remittances Exceeding US$100,000

(BE2C2) — The Pakistan government is considering imposing tax on foreign remittances exceeding $100,000 a year to plug a hole being used for whitening black money in the country. Under Section 111(4)(a) of the Income Tax Ordinance, the government cannot ask the source of foreign remittance. The Federal Bureau of Revenue (FBR) and the Supreme […]

NAB Identifies $22Mln “Irregularities” in Laptop Procurement Under PM Youth Program

(PKONWEB) — The National Accountability Bureau (NAB) has reportedly identified major irregularities in Prime Minister Laptop Scheme (PMLS) run under the supervision of Higher Education Commission (HEC) of Pakistan. Reports say a local company violated contract with HEC by procuring locally manufactured laptops against terms of the agreement set forth in the tender. As a […]

Senior Dubai Police Official Compares ‘Criminal’ Pakistanis to ‘Disciplined’ Indians

(DESPARDES/PKONWEB) — A senior Dubai police official has tweeted that “Indians are disciplined… while sedition, criminality and smuggling in the Pakistani community are rampant.” Head of General Security for Dubai, Dhahi Khalfan, tweeted: “The Pakistanis pose a serious threat to the Gulf communities because they bring drugs to our countries.” The statements were posted on […]

Emergence of 23-Party Grouping Called Pakistan National Alliance (PNA): Party Politics or Pressure Group?

IRSHAD SALIM — Former Pakistani president Pervez Musharraf is all set to lead a 23-party alliance in the general elections this summer. The alliance would constitute a third force in national politics– it is being considered an equalizer albeit pressure group, several observers say, as the triangular contest between ruling PML-N, PTI and PPP parties […]

Works of 17 Contemporary Pakistani Artists Go on Display in Oman

(DESPARDES/PKONWEB) — An exhibition displaying the works of 17 contemporary Pakistani artists began yesterday at the Omani Society for Fine Arts (OSFA) in Muscat. The art show titled “Spectrum” is open until April 12 from 10am to 1pm and 5pm to 8pm at OSFA, Al Sarooj, behind Al Shatti Cinema. Spectrum feature a wide range […]

Pakistani Start-Up Karandaaz to Invest in Women-Led FinTech Firms

“Adoption of financial technology (fintech) in Pakistan will add 93 million bank accounts and $36 billion a year to the country’s GDP by 2025. It will also create 4 million new jobs and add $7 billion to the government coffers in this period.” (BE2C2) — Start-up investor Karandaaz Pakistan, funded by Gates Foundation, plans to […]

World Bank Okays $145 Million to Spur Home Mortgage Ecosystem in Pakistan

(BE2C2 Report) — The World Bank has approved $145mn for Pakistan Housing Finance Project (PHFP), aimed at expanding homeownership, including women and the poor through access to affordable house building loans. According to a report published by the World Bank in 2017, the housing in Pakistan is at a grim 1% while that for India […]

Movenpick to Open Exclusive Coffee Shops in Pakistan

(BE2C2 Report) — Movenpick has introduced its coffee brand in Pakistan with plans to open exclusive outlets separate from their ice cream parlors in the country. The manufacturers of Swiss ice cream recently held a launch at the Consulate of Switzerland in Karachi where various kinds of coffee, along with espresso machines for capsules were […]

Imran Khan Rules Out Alliance With ‘Corrupt Leaders Nawaz and Zardari’

(PKONWEB Report) — Pakistan Tehreek-e-Insaf (PTI) chairman has once against ruled out any political alliance with ‘bitter’ rivals, Pakistan Muslim League-Nawaz (PML-N) and or Pakistan People’s Party (PPP) in the 2018 general elections this summer. “There can be no alliance with corrupt leaders like Nawaz Sharif and Asif Zardari,” Imran said while addressing a news […]

Will Be Compelled to Quit PML-N if Party is Treated Like a ‘Housemaid’: Ch Nisar

(PKONWEB Report) — Former interior minister and co-founder of Pakistan Muslim League-Nawaz (PML-N) Chaudhry Nisar Ali Khan has made it clear that he would be compelled to leave the party if it continued to be treated like “ghar ki laundi” (a housemaid). Speaking at an interview with a private news channel on Saturday, the PML-N […]

From Russia With Love: Delegation Meets National Security Advisor Janjua

(PKONWEB Report) — A high level Russian delegation called on Pakistan’s National Security Adviser Lt. General (R) Nasser Khan Janjua in the capital Islamabad and offered military and technical cooperation in counterterrorism and cyber security stating these areas provide the strongest impetus to develop political, trade and economic relations between the two countries. Led by […]

Can Saudi Arabia Help Negotiate Peace in Afghanistan? The U.S. Hopes So

(PKONWEB Report) — Saudi Arabia has agreed to play a leading role in starting a new peace process in Afghanistan, part of the latest U.S.-led two-pronged strategy to find a political solution to America’s longest war while militarily scaling up efforts to force the Taliban to the negotiating table. The Department of Defense has said […]

NAB Recovers $2.75 Billion (Rs289B) ‘Embezzled Money’ From the Corrupt

(PKONWEB Report) — Chairman National Accountability Bureau Justice (r) Javed Iqbal said on Thursday the country’s accountability watchdog has deposited Rs 289 billion (US$2.75B equivalent at US$1=Rs105) in the national kitty after recovering embezzled monies from the corrupt. According to a communique issued by NAB, the chairman said a major chunk of the recovered monies […]

Envoy to U.S. Addresses Pakistan Business Community Group in New Jersey

With around 650,000 Pakistanis gainfully employed in the US, their yearly average individual remittance home has remained the highest. (DESPARDES/PKONWEB) — Pakistan Ambassador Aizaz Ahmad Chaudhry addressed a community event in New Jersey Friday evening organized by Pakistani American Business Association of North America (PABANA). Dignitaries from Pakistani American businesses, Pakistani American youth, local government […]

Pakistan Successfully Test-Fires Indigenously Developed Submarine Launched Cruise Missile

(PKONWEB Report) — Pakistan on Thursday conducted another successful test fire of indigenously developed Submarine Launched Cruise Missile (SLCM). Called Babur, the missile has a range of 450 Kilometer and is capable of delivering various types of payloads, employing underwater controlled propulsion, advanced guidance and navigation features. Pakistan conducted another successful test fire of indigenously […]

‘Next War Between Rivals Will Be Cyber War, Country Stronger in Cyber Warfare Will Win’: Pak Experts

(PKONWEB Report) — National Security Adviser (NSA) Nasser Khan Janjua on Thursday emphasized the need to realize the gravity of cyber security threats, Radio Pakistan reported. He called upon experts to help the government secure cyber space. Speaking at a conference organized by the Pakistan Information Security Association (PISA) in Islamabad, Janjua said taking concrete […]

Senior U.S. Diplomat Visits Pakistan To Discuss Bilateral Ties, Fight Against Terrorism

A senior U.S. State Department official has arrived in Islamabad to discuss bilateral ties and Pakistan’s fight against terrorism, the State Department said in a statement. The senior official for the bureau of South and Central Asian affairs, Ambassador Alice Wells, who arrived in the Pakistani capital of Islamabad on March 28, will meet with […]

Wasim Akram Refutes Joining Any Political Party

Pakistan newspapers have reported that legendary left-arm pacer Wasim Akram is joining Imran Khan’s party Pakistan Tehreek-e-Insaf (PTI). Speaking to Gulf News from Pakistan Akram said: “I do support Imran bhai (brother) but I haven’t joined any political party.” Akram considers Khan as one who helped him a lot in his career and taught him […]

Nissan to Re-Enter Pakistan Market By Producing Datsuns With Gandhara Motors

(BE2C2) — Nissan Motor Co. said Wednesday it will re-enter the Pakistan market in 2020 with a local production of its low-cost Datsun brand vehicles under a tie-up with a local partner. The announcement comes as country’s auto sector is said to be doing well. Auto sector has remained one of the best-performing sectors at […]