Housing and construction

RUPEE STRENGTHENS AGAINST DOLLAR

RUPEE STRENGTHENS AGAINST DOLLAR Rupee Strengthened Against the US dollar to 159.31 rupees The rupee strengthened against the US dollar to 159.31 rupees in the interbank market on Wednesday compared with a close of 159.34 rupees on Tuesday, according to the State Bank of Pakistan (SBP). Previously, the SBP allowed the rupee to depreciate massively in the interbank market after the completion of an...

BANK ALLOWED THIRD PARTY GUARANTEE FOR HOUSE FINANCING

SBP allows housing loan on personal guarantee KARACHI: In order to make it easier for banks to extend the financing of low-cost housing, the State Bank of Pakistan (SBP) has allowed banks to accept a personal guarantee from a third party to finance low-cost housing to cover the risks of the mortgage. News reported on Tuesday February, 16, 2021     Currently, applicants face...

Digital Pakistan – PTCL successfully conducts 5G trial

On February 11,2021, the PTCL group successfully tested its 5G network in a controlled environment at it’s headquarters in Islamabad in a limited environment on a non-commercial basis to achieve download speeds of up to 1,685 gigabytes per second (GBPS). Speaking on the occasion, Syed Aminul Haque said: “I am delighted to be present at this crucial event as the PTCL Group takes an important step to...

STATE BANK OF PAKISTAN LAUNCHES SERVICE DESK PORTAL

Mera Pakistan Mera Ghar: SBP launches Service Desk Portal  for the resolution of complaints Islamabad: According to a report released on January 25, 2021, Bridging the existing gap through technological advancements, the State Bank of Pakistan (SBP) has launched a “SBP Service Desk Portal” for people benefiting from the government's markup grant scheme under the "Mera Pakistan Mera Ghar initiative....

Jogging and cycling tracks

CDA PLANS CYCLING AND JOGGING TRACKS IN D-12

CDA has prepared a project for development of five parks along with jogging and cycling tracks in Sector D-12. They are doing this project as part of the campaign to develop, restore and beautify public parks in the capital city. According to a statement issued by CDA, they will start the work on the parks, jogging and cycling tracks soon. In addition, they will do this work in coordination with other...


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