Jiddat Web Desk ::Pakistan has been ranked the number 1 country for providing the most affordable telecom services, as per the Pakistan Telecommunication Authority (PTA).
World Economic Forum’s Network Readiness Index Report ranked 139 countries in this regard and Pakistan was right at the top ahead of India, Bangladesh, and Sri Lanka. India was ranked at 8th spot, Bangladesh was ranked at 14th spot while Sri Lanka was ranked at 35th position respectively.
Also in terms of the availability of the latest technologies and internet bandwidth, Pakistan has been ranked above India, Bangladesh, and Iran by Competitiveness Index Report of World Economic Forum,It is pertinent to mention here that the World Economic Forum is considered highly reputed, reliable and credible information source worldwide.
However, cable.co.uk ranked Pakistan at 33rd position on its calculation of average price of 1 GB mobile data @ USD 1.85/month, which is incorrect. Pakistan Telecommunication Authority analyzed the monthly plans and packages offered by telecom companies in the country.
It was revealed that the average price of 1 GB mobile data is just USD 0.72 not USD 1.85. On PTA’s analysis it can be said that average price per GB of Pakistan is the second lowest in Asia region. Pakistan is ahead of Sri Lanka, Bangladesh, Bhutan, Nepal, Iran, Afghanistan, Myanmar, Malaysia, Indonesia etc in this regard.
Data from the mobile companies was taken by PTA which showed that average price of 1 GB mobile data in Pakistan ranges from USD 0.29 to USD 0.59 per month.Cable.co.uk representatives have been approached by PTA to clarify in this regard but no response has been received.
Jiddat Web Desk :Pakistan rupee has hit record low and reached Rs140.24 against the US dollar in the inter-bank market. It is being reported that Pakistan has had an agreement with International Monetary Fund (IMF) and it has been decided to depreciate the currency before obtaining the bailout.
According to the State Bank of Pakistan rupee has dropped further by Rs0.75, thus it has depreciated by Rs1.70 in the last two week. Despite the announcement by Ministry of Finance that China will given $2.1 billion to Pakistan, the rupee has lost value. Also Malaysia signed 5 big projects MoU worth $800 million investment in Pakistan.
The spokesman of Finance Ministry Khaqan Hassan Najeeb tweeted, “Clearly, no target rupee/dollar exchange rate is envisaged. The speculation is baseless and unfounded.”Furthermore the spokesman cleared, “Discussions with international partners do not entail any target level of the exchange rate. Focus is on further strengthening the exchange rate regime, aligning it and keeping it consistent with evolving macroeconomic fundamentals of the economy.”
According to experts the rupee devaluation is not surprising, it was something expected. Today’s drop is close to the expected rupee-dollar parity.”
He said that the government is gradually making adjustments regarding rupee value. . Oil prices have started moving up…that is the main source of pressure, which is coming on our currency.
Jiddat Web Desk :The Islamabad International Airport will be closed for all local and international flights for 4 hours. Due to the Pakistan Day celebrations going on today the airport would remain temporarily closed.
The notices regarding the closure of the airport were issued by the Civil Aviation Authority (CAA). The airport was to remain closed till 12 noon from 8 am. The passengers were informed about the changes in flight schedules by the airlines operating during the above mentioned time period.
Also the City Traffic Police has decided an alternative traffic plan for today 23rd March. Around 336 wardens are deployed in the twin cities by Chief Traffic Officer Mohammad bin Ashraf. The aim is to ensure the smooth flow of traffic. It is pertinent to mention here that 23rd March Pakistan Day is celebrated every year in the country with full zeal and fervor.
Let us on this day remember the Lahore Resolution again as stated by Maulana Fazlul Haq from Bengal, “…the areas in which the Muslims are numerically in a majority as in the North-Western and Eastern zones of India should be grouped to constitute ‘Independent States’ in which the constituent units shall be autonomous and sovereign.”
Jiddat Web Desk ::Malaysia has announced to set up a car manufacturing unit in Pakistan, this announcement was made on Friday. On the same day, the Malaysian Prime Minister Mahathir Mohammad gifted a proton car to the Prime Minister of Pakistan—Imran Khan. The manufacturing of the proton cars would be starting from June next year. PM Malaysia as a gift presented the proton car to PM Imran on this event.
It will be a combined project between the Malaysian carmaker and their local partner Alhaj Automotive. Also, it would be the first assembly plant of the company to be established in any south Asian country. For this joint venture, Pakistani and Malaysian companies signed 6 Memorandum of understandings (MoUs) in Information Technology (IT), Telecommunication and car manufacturing.
Proton, the Malaysian corporation was set up in the year 1983 which has until now sold 3 million cars. Apart from Britain, Singapore, and Australia, these cars are sold in 25 other nations as well.PM Mahathir Mohammad came on a 3-day official visit to Pakistan on Thursday and was given a red-carpet welcome.
The PM Malaysia has come to Pakistan especially on the invitation of the PM Khan. He was invited to come to Pakistan and be the chief guest on the Pakistan Day Parade. Mahathir Mohammad came to Pakistan with many leading businessmen and a high-level delegation.