Vivo Drone Camera world’s first camera phone that can fly. Vivo Drone Camera also has four 200-megapixel cameras. This Vivo Flying Camera Phone costs RS 207,999 in Pakistan. The Vivo Flying Camera Phone was described. It is the first camera phone in the world that can also fly. There are many great things about it. … Read more
Across a quarter century of UN climate conferences tasked with saving humanity from itself, one was deemed a chaotic failure (Copenhagen/2009), another a stunning success (Paris/2015), and the rest landed somewhere in between. This year’s COP26 inspired all these reactions at once. Swedish activist Greta Thunberg, leading a 100,000-strong march through the streets of Glasgow, … Read more
Tazah has raised $4.5 million in fresh funds to close its $6.5 million in its pre-seed round, the largest of Pakistan, a statement said on Wednesday. The Lahore-headquartered B2B (business-to-business) fresh produce marketplace Tazah raised fresh funds in an extension of its pre-seed to close at $6.5 million. The latest tranche of the round was … Read more
Nauman Sikandar Mirza is heading one of Pakistan’s largest e-commerce platforms foodpanda, which has witnessed a 100 per cent growth in the share of retail sales revenue. “It’s a collaborative effort; whereby, we continue to see market shifts in online business. From 2015 to 2018 e-commerce increased its share of retail sales revenue consistently from … Read more
The Standard Chartered Pakistan announced the launch of its digital banking solution to elevate client experience, a statement said on Monday. The solution is aimed at elevating client experience of its existing and potential client-base by offering enhanced convenience, agility and customised offerings, it added. The solution has been developed in-house leveraging global expertise and … Read more
As the winter months near, Kashmiri beekeepers like Abid Hussain are preparing for an annual migration southward in search of warmer climes, more honey and bigger payouts. Hussain wears protective gear on his arms and face as he readies to send his convoy of bees hundreds of kilometres from the Himalayan region into the desert … Read more
The Pakistan bourse is likely to attract huge investments, as the KSE-100 is expected to reach 55,000 points by December 2022, a research report by Arif Habib Limited (AHL) showed. “A total of eight equity IPO [initial public offerings] transactions were witnessed in 2021 aided by a stark turnaround in the economy post Covid-19. Total … Read more
Mobilink Microfinance Bank Limited (MMBL) signed a memorandum of understanding (MoU) with the Pakistan Poverty Alleviation Fund (PPAF) for the development of Micro, Small and Medium Enterprises (MSMEs), a statement said on Monday. The MoU was signed for the capacity building and financing of the enterprises, engaged in livestock and horticulture sectors across the underprivileged … Read more
KARACHI: Pak Sarzameen Party (PSP) Chief Syed Mustafa Kamal has lambasted the discriminatory policies of Pakistan Peoples Party in Sindh and said that the elders of Bilawal Bhutto Zardari have become habitual of dividing the country and not accepting a united Pakistan. He said this while addressing the party’s general workers convention at a ground … Read more
PUNTA ARENAS, Chile (AFP): Chilean scientists studying organisms in one of the most remote places on Earth are urging regional leaders to step up efforts to tackle climate change. A recent expedition, which was delayed by a year due to the coronavirus pandemic, sought to investigate harmful organisms and how they are impacting climate change. Chile’s … Read more
Beaten, forced off their land, cheated out of money, and even falsely imprisoned, farmers in China say they are paying a heavy price as authorities rush to deliver on ambitious pledges to ramp up national green energy output. China has vowed the upcoming Winter Olympics 2022 will be the first Games to be run entirely … Read more
Three years of democracy protests followed by a pandemic have devastated Hong Kong retailers who had grown used to relying on cash from mainland Chinese tourists. In a city that once boasted some of the world’s highest retail rents, the market has cratered. But a border town has seized the chance to evolve its local … Read more
By Neil SANDS WELLINGTON: A two-tonne rubber whale can take on a life of its own in the frigid shallows of a windswept New Zealand beach, particularly when a bedraggled group of would-be rescuers is trying to wrestle it into a harness. “Keep the blowhole clear… you’re too close to the tail, one swipe can do … Read more
SOFIA Bulgaria could join the eurozone in 2024, but the EU’s poorest nation is divided over the prospect of ditching its national currency and joining the single European currency club. Krasimir Atanasov, a 37-year-old tennis instructor waiting in line at a currency exchange office in the Bulgarian capital Sofia, is keen on the change. Like … Read more
As the world economy recovers from the pandemic, inflation is mounting in advanced and emerging economies. Pent-up demand fuelled by stimulus and pandemic disruptions is helping accelerate inflation, spread around the world through global factors such as higher food and energy prices, and soaring shipping costs. The chart of the week shows how Asia’s inflation … Read more
The world economy woke up from its pandemic-induced coma in 2021, but between the Omicron variant causing renewed disruptions and persistent inflation pushing central banks to pump the brakes, the outlook is uncertain. Here is a look at the state of the global economy: Uneven recovery Countries have posted impressive growth figures as they clawed … Read more
Switzerland Monitoring Desk People in Switzerland will be able to legally change gender by a visit to the civil registry office from January 1, 2022, putting the country at the forefront of Europe’s gender self-identification movement. Switzerland joins Ireland, Belgium, Portugal and Norway as one of the few countries on the continent that allow a … Read more
Urea industry’s role in Pakistan, being an agrarian state with 20 per cent GDP contribution and around 70 per cent of the total population depending on agriculture for its livelihood, has been pivotal. Prior to 1980/81, Pakistan imported over 50 per cent of its annual fertiliser requirements and had been a net importer till 2012. … Read more
The Federal Board of Revenue (FBR) has launched a single portal to facilitate taxpayers, promote ease of doing business and reduce compliance cost in filing sales tax returns for December 2021, sources said. “To allow the registered persons to familiarise themselves with the new system, the uploading of sales tax invoice of December 2021 has … Read more
Embattled Chinese firm Evergrande will deliver almost four times the number of housing units to buyers in December than in the previous three months, its chairman said, as the real estate behemoth grapples with massive debts. Evergrande, drowning in $300 billion in liabilities, has struggled to repay bondholders and investors after becoming ensnared in Beijing’s … Read more
When 12 countries adopted the euro two decades ago, French president Jacques Chirac hailed a Europe that was “affirming its identity and its power”. To the euro’s most starry-eyed promoters, the currency was not only a leap of faith into European unity, but set up a rivalry with the United States and its powerful dollar. … Read more
By Andrea Bambino, Michael Mathes NEW YORK/PARIS/LONDON Global travel chaos that convulsed the Christmas weekend spilled with major flight cancellations impacting millions returning from holiday breaks, as Covid-19 cases surge to record levels in Europe and several US states. Some 11,000 flights have been scrapped worldwide since December 24, and tens of thousands more … Read more
Pakistan is facing various challenges, especially food insecurity owing to meagre allocation for research, shrinking agricultural land, disturbed weather pattern, water scarcity, slow pace of technology induction, the lack of crop diversification and value-addition, weak institutional support for the farmers and exports to a few markets. The agriculture sector employs around 39 per cent of … Read more
Juliette Michel, John Biers NEW YORK: Eyeing an Omicron surge that has exacerbated US labour stress especially in front-line industries, President Joe Biden’s administration is betting shorter Covid-19 quarantine times will lessen the economic hit from the latest variant. The recent announcement to cut isolation times in half was cheered by airlines and hospitality industries, but … Read more
SHANGHAI, Jan. 2 (Xinhua) — The container throughput of Shanghai Port exceeded 47 million 20-foot equivalent units (TEUs) in 2021, ranking first globally for 12 consecutive years despite the COVID-19 impact on the shipping industry, port data showed Saturday. Last year, the port handled 32 million TEUs in foreign trade and 6.3 million TEUs in … Read more
Yacine Le Forestier BERLIN: Angela Merkel’s departure from the political stage after 16 years as chancellor has not only ushered in a new era in Germany but also shaken up the power balance in the EU. Potential candidates to take over Merkel’s mantle as the leader of Europe include her successor at the helm of Europe’s … Read more
MEXICO CITY: For Carlos Rendon, a veteran truck driver in Mexico’s capital, it was a new experience driving Chinese-made electric trucks featuring greater comfort, safety and environmental friendliness. Rendon has mainly operated diesel-powered vehicles during his 14 years as a delivery truck driver in Mexico City. Recently, his employer, top Mexican brewer Grupo Modelo, launched a … Read more
Global Times HONG KONG The Hong Kong Police Force National Security Department arrested seven people on the suspicion of sedition, including six linked to an online news site and one from the secessionist tabloid Apple Daily. Over 200 police officers also searched the offices of Stand News and took away about 30 boxes of materials … Read more
