Author: Faisal Shahnawaz

  • Samsung launches One UI 5 open beta program for Galaxy S22 series

    Samsung launches One UI 5 open beta program for Galaxy S22 series

    South Korea: Samsung Electronics on August 07, 2022 launched the One UI 5 open beta program available on the Galaxy S22 series in U.S.A, Germany and South Korea with releases planned for other regions in coming month.

    The press release issued by Samsung Electronics state that One UI 5 brings a range of new customization, security and accessibility features as part of Samsung’s ongoing commitment to delivering the latest mobile experiences to as many users as possible.

    The Executive Vice President and Head of Software Platform Team of Mobile eXperience (MX) Business, Samsung Electronics Janghyun Yoon said, “we know our users crave the ability to create their own individual mobile experience and we’re constantly looking to improve One UI to give people greater control and more options.”

    READ MORE: Lucky Motors signs deal to produce Samsung Mobiles in Pakistan

    He further added that, “we’re excited to offer early access to all the new customizable features that come with One UI 5 as part of an open beta and look forward to incorporating user feedback to develop a better and more meaningful experience for everyone.”

    The One UI 5 update introduces new ways for users to customize their smartphone experience, including an expanded set of color options for a more tailored look. Users now get up to 16 preset color themes based on their wallpaper and 12 more color options for their home screens, icons and quick panels for a look and feel suited to their style.

    Users can further customize their home screens by stacking widgets of the same size on a single location, saving space and creating a cleaner, more organized look.

    READ MORE: Samsung mobile phones production to start with investment of $15 million in Pakistan

    One UI 5 also brings a simpler way to tailor notifications across applications to help stay focused on what is important. New controls make it easier for users to block notifications from certain apps, so they only see what is relevant to them.

    One UI 5 streamlines the process to change sound and vibration settings with reorganized menus that provide easy access to all ringtone volumes and vibration intensities. For the first time, Galaxy users can also tailor their preferred language for their different apps. Whether they’re multi-lingual or just learning a new language, users can easily select which language will be used for each app in Settings.

    The update brings several other new features that create an even better Galaxy experience for everyone — from enhanced camera capabilities and security resources to more accessibility tools.

    READ MORE: Xiaomi further improves rank to 266 in Fortune Global 500 list

    Users can more seamlessly capture high-quality photos and video with a new icon in Pro and Pro Video mode that offers useful tips and tricks on how to use the various lenses, features and controls. Plus, a more responsive zoom bar means quicker close-ups and makes it easier to zero in on the subject using only one hand.

    With One UI 5, a new dashboard lets users view the security status of their phone, shows whether there are security issues and recommends ways to fix them.

    The update also brings more accessibility options to make it easier for users to interact with their devices. The Magnifier feature enables users to better view and read on their devices, while different types of spoken assistance — such as audio descriptions of videos and speak keyboard input aloud — help users navigate and use devices more seamlessly.

    READ MORE: Jazz announces free calls to calamity hit Balochistan

  • Bitcoin to Pakistani Rupee on August 07, 2022

    Bitcoin to Pakistani Rupee on August 07, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs5,195,149.99 on August 07, 2022 at 06:44 PM Pakistan Standard Time (PST), in the open exchange market.

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  • Ripple to Pakistani Rupee on August 07, 2022

    Ripple to Pakistani Rupee on August 07, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs83.95 on August 07, 2022 at 06:44 PM Pakistan Standard Time (PST), in the open exchange market.

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  • Dogecoin to Pakistani Rupee on August 07, 2022

    Dogecoin to Pakistani Rupee on August 07, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs15.46 on August 07, 2022 at 06:44 PM Pakistan Standard Time (PST), in the open exchange market.

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  • New prices of Honda Cars in Pakistan

    New prices of Honda Cars in Pakistan

    KARACHI: Honda Khair, the authorized dealership of Honda Motors in Pakistan announced the new prices of its cars effective from July 30, 2022.

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  • Weekly Review: market likely to continue positive sentiments

    Weekly Review: market likely to continue positive sentiments

    KARACHI: Pakistan stocks likely to extend gains during next week on recent announcement of the International Monetary (IMF) regarding disbursement.

    Analysts at Arif Habib Limited said that the market to remain in the green zone given hopes on loan disbursement from IMF once approval is granted by the Executive Board.

    READ MORE: Pakistan stocks up 671 points on continuous rupee gain

    Moreover, with the ongoing result season, certain sectors and scrips are expected to stay under the limelight given anticipation of robust results.

    The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) is currently trading at a PER of 4.3x (2022) compared to Asia Pacific regional average of 12.5x while offering a dividend yield of 8.9 per cent versus 2.8 per cent offered by the region.

    READ MORE: Pakistan stocks gain 357 points as rupee continues recovery

    The market commenced on a negative note this week given inflation for the month of July 2022 came in at 24.9 per cent. Whereas, the sentiment turned positive after IMF announced that Pakistan had fulfilled the last remaining pre-requisite for the IMF loan (incremental hike in petroleum development levy on MS and HSD).

    With this renewed hope, the Pak Rupee strengthened against greenback, gaining Rs15.33 | 6 per cent WoW to close at Rs224.04 this week.

    Furthermore, trade deficit significantly declined in July 2022, down by 47 per cent MoM. Moreover, reduction in international oil prices post OPEC+ meeting (WTI trading below $88 per barrel compared to $98.62 per barrel last week) further cemented the ground for bulls.

    READ MORE: Pakistan stocks up 877 points on massive rupee appreciation

    Albeit, the local bourse closed at 42,096 points, gaining 1,946 points (up by 4.9 per cent) WoW.

    Sector-wise positive contributions came from i) Banks (427 points), ii) Cement (421 points), iii) Fertilizer (112 points), iv) Chemical (111 points) and v) OMCs (106 points).

    Whereas, sectors which contributed negatively were i) Close-End Mutual Fund (3 points) and ii) Real Estate Investment Trust (1 point). Scrip-wise positive contributors were LUCK (155 points), UBL (124 points), MCB (87 points), PSO (78 points) and COLG (73 points). Meanwhile, scrip-wise negative contribution came from FABL (10 points), MARI (6 points), ILP (4 points) and AICL (3 points).

    READ MORE: Pakistan stocks end in green on rupee recovery

    Foreigners selling was witnessed this week, clocking in at $0.69 million compared to a net buy of $0.57 million last week. Major selling was witnessed in Banks ($0.9 million) and Fertilizer ($0.6 million).

    On the local front, buying was reported by Brokers Proprietary ($2.2 million) followed by Mutual Funds ($1.6 million). Average volumes clocked in at 263 million shares (up by 75 per cent WoW) while average value traded settled at $34 million (up by 56 per cent WoW).

    READ MORE: Pakistan stocks end down 74 points

  • SBP issues options to make donation in PM flood relief fund

    SBP issues options to make donation in PM flood relief fund

    KARACHI: The State Bank of Pakistan (SBP) on Saturday issued multiple options to make donations in prime minister flood relief fund 2022.

    The central bank said that the government had notified establishment of a flood relief fund, namely, Prime Minister’s Flood Relief Fund, 2022, for providing relief and rehabilitation to the affected population due to torrential rains and flash floods in many parts of the country.

    READ MORE: Floods affect telecom services: PTA

    The Fund shall accept donations / contributions both from domestic and international sources for the aforesaid purpose. The Fund will be administered by the National Disaster Management Authority (NDMA) while the Accountant General Pakistan revenue will maintain accounts of the Fund.

    In this regard, the SBP has opened “Prime Minister’s Flood Relief Fund Account, 2022” for collection donations / contributions to the Fund.

    All the commercial and microfinance banks shall open the account of the Fund and shall receive donations/contributions in cash, through cheques, payorder and demand drafts, at all their branches across the country. Donors have been provided multiple options for making donation/ contribution to the Fund as described below: –

    A. Overseas Donors:

    Wire Transfer:

    Overseas donors including overseas Pakistanis may donate to the Fund through wire transfer in the Fund account maintained with their respective bank. They would simply advise their respective banks to transmit the donation amount in the Fund Account by debiting their accounts. The banks shall transmit the consolidated amount of donations received in the Fund account to the SBP on daily-basis through ‘Real Time Gross Settlement’ (RTGS) system.

    READ MORE: Exports decline by 19.5 percent as rains, urban flooding disrupt supply chain

    Transfer through Money Service Bureaus, Money Transfer Operators and Exchange Houses:

    Overseas donors may also donate / contribute through Money Service Bureaus (MSBs), Money Transfer Operators (MTOs) (e.g. MoneyGram, Western Union) and Exchange Houses (EHs) in line with the arrangements in place for receiving home remittances. Banks receiving such remittances in the Fund Account shall transfer the consolidated amount through RTGS to the SBP on daily basis.

    B. Domestic Donors:

    Cash Deposits at Banks’ Counters:

    Donors and contributors may make their donations / contributions to the fund in cash at any branch of any bank operating in Pakistan, which shall transfer the consolidated amount of such donations to the Fund account at SBP through RTGS on daily basis. Similarly, donations/ contributions may also be made at any of the field offices of SBP Banking Services Corporation.

    Deposit of Crossed Cheques in the Name of the Fund in Bank’s Drop Boxes:

    The donors and contributors may make their donations / contributions to the Fund by dropping crossed cheques in the name of the Fund in their respective bank’s drop box. All banks shall make available drop box facility at their selected branches for donors where they may drop their crossed cheques in favor of the Fund. The banks shall, accordingly debit the customer’s account and transfer the amount of such proceeds daily on consolidated basis through RTGS to the SBP.

    READ MORE: Jazz announces free calls to calamity hit Balochistan

    Alternate Delivery Channels:

    The donor may also use alternate delivery channels e.g. internet banking, mobile banking, Automated Teller Machines (ATMs) and mobile wallets etc. to donate / contribute to the Fund account through Inter-Bank Fund Transfer Facility (IBFT)/Raast. The commercial and microfinance banks shall prominently display the IBAN of the Fund at their websites.

    3. The banks shall maintain the details of individual donors i.e. name of donor the amount of his/her contribution, mode of payment etc., with them and shall be made available to SBP as and when needed. Please acknowledge receipt.

    READ MORE: IRC launches rain relief operation in Balochistan

  • Bitcoin to Pakistani Rupee on August 06, 2022

    Bitcoin to Pakistani Rupee on August 06, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs5,219,267.01 on August 06, 2022 at 08:30 AM Pakistan Standard Time (PST), in the open exchange market.

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  • Ripple to Pakistani Rupee on August 06, 2022

    Ripple to Pakistani Rupee on August 06, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs84.12 on August 06, 2022 at 08:30 AM Pakistan Standard Time (PST), in the open exchange market.

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  • Dogecoin to Pakistani Rupee on August 06, 2022

    Dogecoin to Pakistani Rupee on August 06, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs15.86 on August 06, 2022 at 08:30 AM Pakistan Standard Time (PST), in the open exchange market.

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