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Pakistan Startup mainly covers Business, Tech, Global Tech, Global, Auto, and Startup News for you straight from the industries all around the Globe.

13/12/2024

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24/10/2024

The Pakistan Stock Exchange has reached an all-time high, crossing the 87,000 mark for the first time, while the US dollar's value dropped slightly against the Pakistani rupee.

On the third day of the business week, the 100 Index surged by 646 points, hitting a record 87,113.

Despite this positive trend, 49% of shares saw a decline in prices.

The US dollar also became more affordable, falling by 4 paisas in the interbank market, bringing its value to Rs. 277.70.

This strong performance reflects the market's growth and currency adjustments.

24/10/2024

Pakistan has renewed the Kartarpur Corridor agreement for another five years, facilitating visa-free access for Indian pilgrims to Gurudwara Darbar Sahib.

This initiative underscores Pakistan's dedication to interfaith harmony and reflects its commitment to safeguarding the rights of religious minorities. Since its inception, the Corridor has enabled thousands of Sikh devotees to visit this sacred site.

Internationally recognized as a "Corridor of Hope" by UN Secretary-General António Guterres, it continues to foster peace and understanding between communities.

24/10/2024

Fauji Fertilizer Bin Qasim Limited reported a profit after tax of Rs8 billion for the third quarter of 2024, representing a 51% year-over-year increase.

This strong performance was driven by improved gas availability, which reached 84% of the allocation (up from 54% in 2023). This increase led to Urea production and sales volumes rising by 118% and 98%, respectively, significantly reducing the need for imports.

Overall, FFBL achieved a profit after tax of Rs18.6 billion over the nine-month period, aided by a stable foreign exchange rate and favorable international DAP margins.

Finance costs were reduced by Rs4.8 billion, and exchange losses decreased significantly due to the stability of the PKR against the US dollar.

24/10/2024

Qatar Airways has set a new standard in air travel by becoming the first airline to equip its Boeing 777 fleet with SpaceX's Starlink technology.

This revolutionary upgrade offers passengers high-speed, low-latency internet, enabling effortless streaming, gaming, and productivity at 35,000 feet. With plans to expand Starlink access across its entire Boeing 777 fleet by 2025, Qatar Airways is committed to enhancing the in-flight experience.

Best of all, this premium service will be provided free of charge to all passengers, making air travel more enjoyable and connected than ever before.

24/10/2024

Meezan Bank has been recognized as the ‘Best Company in Financial Category’ at the 39th Corporate Excellence Awards, hosted by the Management Association of Pakistan (MAP) at the Marriott Hotel in Karachi.

Syed Amir Ali, Deputy CEO of Meezan Bank, accepted the award from the Chief Guest, Mr. Murad Ali Shah, Chief Minister of Sindh, who attended the ceremony. The event also gathered prominent leaders from Pakistan's corporate sector, highlighting the importance of excellence in business practices.

24/10/2024

Italy’s Sets New Visa Requirements for Pakistanis

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24/10/2024

South Korean scientists from UNIST have developed transparent solar cells that can charge smartphones and power devices using sunlight.

Led by Professor Kwanyong Seo, this innovative "All-Back Contact" design keeps the front surface clear of wires and cords.

Tested with a 16 cm² module, these solar cells achieved high efficiency and charged a smartphone solely through sunlight.

With broad applications for buildings, cars, and small devices, the team aims to further develop this eco-friendly technology for commercial use.

09/10/2024

Punjab Chief Minister Maryam Nawaz Sharif has launched the Chief Minister Transport Programme for Women, delivering 76 buses to girls' colleges across the province.

In the first phase, 19 buses were handed over to college principals in transport-deprived tehsils, including Bhakkar, Sialkot, and Hasilpur.

The initiative will expand in two more phases, providing buses to additional colleges by April 2025.

During the launch, CM Maryam Nawaz inspected the buses and considered adding air-conditioned vehicles.

She also directed authorities to redesign incentive packages for foreign investors during a meeting with Portugal's ambassador.

09/10/2024

Lahore has been identified as one of the most polluted cities in the world, consistently grappling with alarming air quality levels.

Factors contributing to this severe pollution include industrial emissions, vehicle exhaust, and construction dust, all exacerbated by urban overcrowding and inadequate waste management.

The city's residents face serious health risks, with increasing cases of respiratory illnesses and other pollution-related health issues.The situation calls for urgent collective action from both the government and citizens to improve air quality and safeguard public health.

09/10/2024

Training aircraft crashed in the Gandaf area of Swabi, according to police sources. The incident occurred while the aircraft was conducting routine training exercises, highlighting the inherent risks associated with pilot training.

Fortunately, the pilot managed to escape unscathed, a fortunate outcome amid the circumstances. The crash has raised questions about safety protocols and the maintenance of training aircraft, prompting authorities to investigate the incident further

Initially, the cause of the incident is said to be technical malfunction and probe is underway.

09/10/2024

Citizen Police Liaison Committee (CPLC) has disclosed the street crime figures for Karachi in September 2024.

The statistics indicate a continuing rise in street crimes, consistent with trends observed in previous months. In total, 5,533 street crime incidents were reported last month.

Among these, 3,982 involved motorcycle theft or snatching, while 190 cases pertained to car thefts or snatchings. Additionally, 1,651 mobile phones were reported stolen from citizens. The CPLC data also highlighted five cases of extortion and two kidnappings for ransom within the same timeframe

09/10/2024

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09/10/2024

Punjabi superstar Diljit Dosanjh thrilled fans in London during his ongoing tour with a surprise appearance from Pakistani actress Hania Aamir.

The crowd erupted when the "Born to Shine" singer invited her on stage to perform the hit song "Lover" alongside ace rapper Badshah.

Hania expressed her gratitude on Instagram, sharing a clip from the concert and calling it "Magic."

The event also featured Diljit and Badshah performing their popular track "Naina," which received an enthusiastic response from the audience.

After the international segment, Diljit will continue his tour in India on October 26.

16/06/2024

If a road were to stretch from Earth to the Moon and one were to drive at a constant speed of 62 mph, the journey would be an extraordinary endeavor taking approximately six months to complete. This hypothetical scenario, while intriguing, is rooted in the challenges of space travel and the vast distances involved.

In reality, reaching the Moon involves traversing the vacuum of space, which lacks roads or conventional modes of transportation. Astronauts and spacecraft rely on complex orbital trajectories and propulsion systems to navigate the immense void between Earth and the Moon.

The Apollo missions, for instance, took several days to travel from Earth to the Moon, requiring careful calculations and intricate maneuvers to achieve a successful lunar landing.

16/06/2024

"Main Hazir hon! As an experienced cricketer I can coach Pakistani cricket team": Chahat Fateh Ali Khan

16/06/2024

Sony launched their W (Wearable) series, which were audio players built into headphones. Years later, they introduced the W270 Series. The main selling point of the series was an IPX8-rated waterproof build geared towards swimmers and athletes.

The W270 Series had a robust rubber gasket that sealed all its openings, making it impervious to water. This allowed it to function underwater for up to 30 minutes.
Unfortunately, sales were initially unimpressive, particularly in New Zealand. So, in an effort to turn things around and further prove the W Series Walkman’s reliability, Sony developed a remarkable marketing strategy.

In collaboration with the advertising agency: FCB, Sony packaged the Walkman inside a water bottle to prove its durability. The bottled Walkmans were then sold for NZ$99.95 inside vending machines in gyms and pool centers all over Auckland. This increased exposure and allowed people to easily access them for swimming or exercise.

As such, this one-of-a-kind approach created a huge buzz around the product. The campaign reached an audience of roughly 520 million thanks to social media. It also exceeded the initial sales increase the target of 20% by 380%. And by December 2014, the product had officially sold out in New Zealand.

16/06/2024

The Regent International apartment building, situated in Hangzhou, China, has garnered attention for accommodating a population comparable to that of a small town, with more than 20,000 residents living within its 36-storey structure initially designed as a hotel. Nestled in Hangzhou's central business district, Qianjiang Century City, this distinctive S-shaped building underwent a transformation from a hotel to an apartment complex, housing thousands of high-end residential units.

Standing at a towering height of 206 meters with 36 storeys, the building offers a self-contained community experience, equipped with various amenities and businesses. Among its offerings are a sprawling food court catering to the diverse population, swimming pools, barber shops, nail salons, medium-sized supermarkets, and internet cafes. Residents enjoy the convenience of finding everything they need within the building's walls, eliminating the need to venture outside.

Designed by Alicia Loo, the chief designer of Singapore's renowned Sands Hotel, the Regent International apartment building was inaugurated in 2013 and swiftly became a prominent landmark in Hangzhou.

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