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As per the SBP regulations, in a bid to encourage construction and development investment in the region, Samba Bank announced a 'Naya Pakistan Housing and Construction Finance' scheme. Let’s see what are main highlights, requirements, and criteria for the scheme. Eligibility Criteria For Developers And Builders Builder/Developer must have experience of at least 3 years and a strong track...

According to officials at the Hub Pak Salt Refinery, a new salt refinery to be set up in an industrial zone in southern Pakistan will be the world's largest refinery in size and make Pakistan the third largest salt processor on the globe. Today, on the west coast of Mexico's Baja California Peninsula, the world's biggest salt-making factory is near Guerrero Negro. It occupies 86,500 acres of land and...

Top official sources reported to The News quoting the signed minutes of the 9th JCC meeting under the China Pakistan Economic Corridor (CPEC) held here in Islamabad on November 5, 2019, while quoting the signed minutes of the 9th JCC meeting under the China Pakistan Economic Corridor (CPEC) held here in Islamabad on November 5, 2019, revealed that the two sides acknowledged that financing had always been a...

Real estate is a major and growing industry in Pakistan, and Pakistan spends $5.2 billion on construction, and this is an important growth in Pakistan's real estate market. Despite the improvement, we have seen many people in Pakistan still lack primary living facilities, i.e. houses. It thus clearly demonstrates that there is a great need for growth in the real estate market so that all sources of income...

Solar PV tiles, also known as solar shingles / solar slates, are simply mini solar PV panels that generate energy from the sun, designed to match your existing tiles or slates. They are government-approved and, thus, if you plan to install these instead of more conventional solar tiles, you will always demand the Feed-in Tariff. How Do Solar Roof Tiles Work? Their quality was influenced by the...

For the last week, smog has been covering the plains of Punjab. The toxic air has made it impossible for individuals to breathe. Farmers have also been banned from burning crop residue by the provincial government. The government has ordered the closing of thousands of brick kilns in 18 districts throughout the province in a similar effort. Officials state that if the Punjab kilns were not moved to...

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Today, we are going to have a comparison of the two most marvelous malls in Lahore—Emporium Mall and Packages Mall. As far as the surge has hit an all-time peak, Lahore is the newest leisure and recreational activity outlet for people of all ages and all walks of life. After visiting all of the locations in the Lahore area, these are the two most commercial, exclusive, and worth visiting malls. Let’s...

In France, a country which has been traumatized in the past eight years, including two which killed more than 200 people, by 36 terrorist attacks motivated by the Islamic State, these general steps have been widely endorsed. The passionate advocate of French laicism, President Emmanuel Macron, indicated that Islam requires an Enlightenment, while his Minister of Home Affairs spoke about a 'civil...

Fewer than 1% of Pakistanis are paying property tax. This is a poor and risky statistic for a country's economic wellbeing. Most residents in Pakistan pay no taxes. In exchange, this weakens our financial and economic situation. There is not enough money for the government to pay for roads, hospitals, schooling, and defense. Furthermore, the state needs to rely on foreign sources to raise revenue because...