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  Imran Khan rejected the F-9 park mortgage summary The reason behind the mortgaging of F-9 Park Islamabad was to get the loan of Rs 500 Billion for issuing an international-dominated Ijara Sukuk bond. It was reported that asides from F-9 park Islamabad,   Islamabad Expressway, and Allama Iqbal International Airport Lahore are also put as a guarantee for launching the Islamic-denominated Ijara Sukuk bond. The news of mortgaging the national assets and especially the recreational places had fabricated restlessness in masses around the country. Also, mayor Islamabad announced to see court against the decision. Top Indian media also reported the F-9 park mortgaging news with inciting captions.    After receiving backlash from the masses, Imran Khan has rejected the suggestion of putting F-9 park for mortgage against the loan. Today in a meeting, Imran Khan rejected the proposal of mortgaging F-9 park Islamabad. Also, other national assets should not be mortg...

  WILL THE DREAM OF LOW-COST CARS BE TRUE IN NEW AUTO DEVELOPMENT POLICY 2021     There has been lot of discussion on how to reduce the prices of cars in Pakistan but customers still are waiting for the concrete steps to make the dream of low-cost cars true. Will the new Auto Development Policy (ADP 2021-25) focus on facilitating the manufacturing of low-cost cars?   LO-COST CAR PRICES PAKISTAN As the current Auto Development Policy (ADP 2016-21) is about to end in June this year, so the Auto Industry Development Committee (AIDC)’s recent meeting has come out with some suggestions and pointed out the core reasons behind high cost of cars in Pakistan. The government is preparing a new auto policy that should focus on facilitating the manufacturing of low-cost cars.   According to various industry sources, approximately 45% of car price that a consumer pays set off to the government in the form of duties and taxes.   The rate of government charg...

    Pakistan scaled up 31 positions in the Trading Across Border Index. It has enabled the country to position up 28 places i.e. from 136th to 108th, in World Bank’s ‘Ease of Doing Business 2020’, according to press release on Wednesday. Pakistan has climbed up from 142nd to 111th on the rank of the Trading Across Border Index, which aided its improvement in its ranking in the WB’s "Ease of Doing Business index".   “After improving its rank, Pakistan secured a place among the top 10 countries that have done the most in the corresponding year to improve the “ease of doing business” in their countries. This milestone has led Pakistan to be the sixth global reformer and first in South Asia that has brought ease in doing business for the national, international trade,” World Bank press release said.   Lets see how Pakistan has moved up on Trading Across Border Index & improved to "Ease of doing business" position. The Federal Board of Revenue FBR has mad...

  WHY INSTALLMENTS ARE REDUCED BY 50% ON CAR/AUTO LOANS IN 2021   To arrange an installment amount in time is a big confront for people who has opted car finance or auto finance to buy a car. Let us tell you that installments amount of auto loans has become 50% cheaper compared to what it was last year. This is because the State Bank has been reducing interest rate by another 1%, it is the fifth cut since March 17. In the start of January 2021, State Bank interest rate remains 7% that lowered down from highest 13% gradually. Now the KIBOR (interbank interest rate) is 7.169%. A significant decrease in KIBOR led to lower the interest rate on auto car loans.   KIBOR is an abbreviation of :The Karachi Interbank Offered Rate. It is a daily reference rate based on the State Bank monetary interest rates where Commercial banks offer to lend unsecured loans to interbanks, household, Private business or to government. The current KIBOR rate in January 2021 is 7.169% for 3 M....

  What Type of Car Financing Banks Offer and interest rate 2021- Pakistan Buying a car is marked as an achievement in one's life. People look for the used or new cars keeping in mind the budget, trend and certain features. The high car prices both new & used in Pakistan has been a real challenge for customers.  That why the ratio of car loans or car financing has increased in recent years. Here we'll tell you about what type of auto or car financing banks offer in Pakistan. What is the interest rate on a car loan In Pakistan in 2021 ? Also, you'll have an idea about monthly installments on different cars. The interest rate on car loans in Pakistani banks depends on KIBOR(interbank rate)+  Bank interest rates. In January 2021, the KIBOR rate is 7.1% and the bank interest rate ranges between 3%- 6%. The total interest rate on car loans or car financing ranges between 12% - 16% in Pakistan. The interest rate varies as per changes in the KIBOR rate. Mostly it ...

  Meezan Bank Car finance detail ONLINE 2021 If you're looking to buy a new car, or used car but running out of budget then many banks in Pakistan provide car financing or car loans. Car Ijrah_ Meezan bank offers interest-free car financing. Meezan Bank has established its name in car financing by putting lowest upfront amount, a lower period of income proof, etc.  Interest rates are observed slightly varied depending upon the nature of the loan.   The interest rates on car financing or any other loan in Pakistan depend on the interbank rates KIBOR and bank charges. These may vary year to year.  Mostly, the overall cost of your interest payment in any Pakistani bank to anywhere between 13% and 17% in 2021. These rates remain fixed for one year as per KIBOR (Interbank rates + bank charges). Recently, the KIBOR rates moved down to 7.9% from 13% in 2020, so is the car finance interest rates.  Now the car finance interest rates to between 13% - 17%.   Asides ...

  HBL ISLAMIC CAR FINANCE DETAIL ONLINE   HBL is one of the most preferred banks in Pakistan for car financing. As many salaried accounts in Pakistan are connected with HBL therefore HBL offers many incentives and lucrative offers of lower interest rates to customers for car financing. It's easy now to check HBL installment plan online.  Interest rates are observed slightly varied for salaried and non salaried persons. Asides Installment amount of car financing from HBL depends on:   The amount of down payment Selected tenure   Age of the customer and The type of car.     car loans in Pakistan HBL offers A MUSHARAKAH BASED FACILITY where bank and customer become joint owners in a vehicle with an agreed investment ratio. Bank’s ownership share of the vehicle is divided into units. Customer pays agreed rentals (installments) for using bank’s share in the vehicle.​   KEY FEATURES of HBL CAR FINANCING   Financing limit is ...

  How To Get low-cost house loans-procedure The Government of Pakistan is giving loans under low-cost housing scheme under the Naya Pakistan project. There are many questions about how to get a low-cost house loan for the construction of own house.  Many people are unaware of the procedure to apply for low-cost house loans. Most think that getting low-cost house loans will be complicated like usual bank loan procedures. The procedure of acquiring a low-cost house loan is very simple. Here are steps to get low-cost house loans from Pakistani banks:  Visit your nearest bank branch.  There are nearly 14,000 bank branches across Pakistan designated for low-cost house loans. Half of these branches are designated to receive and designate house loans. Almost all Pakistani banks are giving low-cost house loans. Get application form The application form is very simple to understand for a common man. Provide personal details like their names, CNIC numbers, age, and addresses...

  HOW TO APPLY RIDER JOB ON FOODPANDA- Steps to get foodpanda rider job   Foodpanda is a popular mobile application to get food from near restaurants and home chefs. Asides delivering food orders, foodpanda is a hope to many for providing job opportunities as a foodpanda rider. Signing up foodpanda as a rider is very easy due to flexibility, training and dedicated support team.   So, this is time to apply foodpanda for a rider job. Read on to know what you need to do to apply & get foodpanda rider job. This article is all about how to apply for foodpanda rider and what things you need to get the job. Before going forward, let me tell you:       Benefits to get rider job on foodpanda   Flexibility: Riders can choose working time of their choice with foodpanda Team events: Foodpanda organises team events to build a unified community. Profit: The more orders you deliver, more the income you’re able to earn. Job locatio...

 HOW TO REGISTER ON FOODPANDA AS HOMECHEF| BECOME FOODPANDA PARTNER, COMMISSION GUIDE   Foodpanda is a popular mobile food marketplace to get food at the comfort of your homes. Asides taking orders for restaurants, foodpanda is a partner of thousands of home chefs, and women to aid them reaching to customers and becoming a successful food entrepreneurs. Signing up with foodpanda as a seller on partnership is very easy due to flexibility, training and dedicated support team.   With foodpanda, you can easily reach to your customers and can get profit sitting at your place. You just cook delicious food and left rest at Foodpanda riders. Food panda home chef registration So, this is time to register restaurant owners or home chefs on foodpanda, then read on to know what you need to do to register with foodpanda and become foodpanda partner. This article is all about how to register for partnership on foodpanda as a home chef and other queries you're looking for. Before te...

  The food business is one of the most profitable businesses in the entire world. The food business that is set in the market or it is a home-based food business, both have regular customers and adding to pockets of cooks and owners. In recent years, Pakistan has seen a boom in the home based food business and many men and women have entered the industry to make their living. It is also one of the low-cost businesses to start with. Here we’ll tell you the cost, and planning detail of starting a home-based business. This article will also cover the detail that how to get direct customers at your door or deliver to online customers. Here are the steps that are needed to consider starting home-based food business: Steps to start home based food business 1. Choose Menu Choosing a menu is one of the most important steps in starting a food business. Your chosen menu should be compatible with your target audience. If your target customers are from any posh area then cooking and s...