Newsnomics AJAY ANGELINA reporter | “The facility for the issuance and renewal of identity cards will be made available at the Union Council (UC) level across Pakistan” has been announced by Mohsin Naqvi, the Federal Interior Minister of Pakistan on Friday Additionally, bio-metric machines will be installed at union council levels nationwide. The announcement came after his visit to the National Database and Registration Authority (NADRA) headquarters where he chaired an important meeting where multiple proposals were discussed to make NADRA more convenient & people-friendly. Mohsin Naqvi
Newsnomics AJAY ANGELINA reporter | The awareness of LGBTQ rights violations and stimulate interest in LGBTQ rights should be arisen among the people, the south Korea’s human rights commission called for Koreans and the government on Friday. LGBTQ term includes lesbian, gay, bisexual, transgender, queer or questioning, also referred to as LGBTQIA+ that include les¬bian, gay, bisexual, trans, queer, questioning, intersex, asexual and more identities. It is a community that highly face rejection, violence, suicide and homelessness when compared to their general pop- ulation peers. Song Doo-hwan,
Newsnomics AJAY ANGELINA reporter | South Korea’s labor force is predicted to shrink by 10 million in the coming two decades as the economically active nation is struggling with the ageing population and the low birth rates showed the data released on Monday May 6,2024. According to the Korean Peninsula Population Institute for the Future, a private think tank in Seoul., “the number of people aged between 15 and 64 stood at 36.57 million in 2023 is projected to go down to 27.17 million in 2044. As per data report, the number of elementary school freshmen that was 430,000 in 2023 is set to near
Newsnomics AJAY ANGELINA reporter | According to the Korean financial investment industry, the Paradise stock price closed at 15,410 won on the 3rd, the most recent trading day. It rose 8.36% compared to March 29 (14,220 won). In addition, GKL rose 9.10% from 12,860 won to 14,030 won during the same period, and Lotte Tourism Development rose 3.68% from 9,790 won to 10,150 won. It is higher than the KOSPI and KOSDAQ returns of -2.55% and -4.40% during the same period according to the financial investment industry report on May 7,2024 This upward trend can be interpreted as the result of the rec
Newsnomics AJAY ANGELINA reporter | South Korean Ministry of Justice and the Human Resources Development Service of Korea agreed to work together in regard to ensure the stable performance of national exams by signing a business agreement (MOU) on Friday, May 3, 2024. Both organizations are working together to increase public trust in more stable national test operations. Both organizations share necessary information for the operation and management of national exams and cooperate. According to the MOU signed between the Ministry of Justice and Human Resources Development Service of Korea.1)
뉴스노믹스 AJAY ANGELINA 기자 | At least 20 died and other 21injured in a road accident on the Karakorum Highway in Gilgit-Baltistan’s Diamer district, Pakistan on Friday morning reported by the rescue officials. Shoukat Riaz, the rescue officer at Diamer district said, “the bus travelling from Rawalpindi to Gilgit overturned and landed near the banks of the Indus River as the driver lost control near Gunar Farm.” The incident took place at around 5:30 am” Mr. Riaz added. The injured have been shifted to Chilas Hospital, the rescue officer said. “Among the 21 injured, the condition of five is very cr
뉴스노믹스 AJAY ANGELINA 기자 | Pakistan's Consumer Price Index (CPI) based inflation was recorded lowest at 17.3% year-on-year in April - the lowest in nearly two years and well below the government's expectations, showed by Pakistan Bureau of Statistics (PBS) on Thursday May 2,2024. “This is the lowest reading in the last 23 months after May 2022,” said Mohammed Sohail, CEO of Topline Securities. Pakistan economy is continually battling with lowest inflation showcase topping 20% since May 2022, peaking at a staggering 38% last May. The recorded high inflation rates coincided with the reforms implem
뉴스노믹스 AJAY ANGELINA 기자 | South Korean government announced to recruit 300 foreign workers annually to meet the need of labor shortage in its aircraft manufacturing industry amid nation's declining birthrate. South Korean government, after consultations with the Korea Aerospace Industries Association and relevant industries announced its plan to invite 300 migrant workers on a pilot basis at least for two-years in order to address workforce shortages in the aviation manufacturing sector. This measure is being implemented by the government as the Korean aircraft manufacturers have been experienc
Newsnomics AJAY ANGELINA reporter | South Korean government is deploying 100 Filipino household helpers in Seoul going to start their work in early August announced by the Ministry of Employment and labor. South Korea, by issuing E-9 visa to Filipino domestic workers is going to expand domestic services like child care and housekeeping that were limited to the agriculture, fisheries, manufacturing, construction sectors, food serving in Korean restaurants, hotels and resorts, forestry and mining. South Korea has completed discussions with the Philippine government in regard of Korea’s pilot pro
Newsnomics AJAY ANGELINA reporter | South korea is stepping forward to further developments on Han River by building a floating office, hotels buildings and create water sports facilities by 20230 announced by the Seoul Metropolitan Government on Wednesday April 24. Seoul’s Great Han River Project that was first unveiled in March 2023, seeks to enhance the river's use, improve the quality of life for its visitors, and develop infrastructure to broaden the range of activities available along the river planning to host over 10 million visitors, the city government said Wednesday. A total of 236.
Newsnomics ANGELINA AJAY reporter | His Excellency Dr. Ebrahim Raisi, the president of Iran has landed on Islamabad airport of Pakistan today, said the Foreign Ministry of Pakistan on Monday. Iranian President is on three days visit (April 22~24) to Pakistan along with his lady and a high-level delegation encompassing the Iranian Foreign Minister, other cabinet members and senior officials, said Pakistan’s foreign ministry in a statement on Sunday. Mian Riaz Hussain Pirzada, Pakistan Federal Minister for Housing and Works and H.E. Amb. Mudassir Tipu, Pakistan’s Ambassador to Iran warmly welcom
Newsnomics ANGELINA AJAY reporter | South Korean government is inviting parents of international students to participate in the Seasonal Worker Program (SWP) started form February 26~December 31, 2024. “The International Students holding D-2 visa status can invite their parents to temporarily work in farming and fishing communities of the Republic of Korea during the busy seasons to address labor shortages in the mentioned fields” said the Ministry of Justice. The seasonal work period for parents includes (short term) less than 90 days and (long term) additional 5months with visa status (C-4,
Newsnomics ANGELINA AJAY reporter | A total of 58.6% foreign workers wanted to change jobs cited “low wages and dangerous work” as reasons for changing jobs as per previous year report. On April 17, the results of “the Immigrant Status and Employment Survey” announced by Statistics Korea showcase the percentage of foreign wage earners who wanted to change jobs was 12.3% last year. The most common reason counted was 'the low wages’ showed 39.2% and ‘dangerous and difficult works’ showed 19.4%. If we look at the residency status, the proportion of workers who wanted to change jobs due to 'low wa
Newsnomics ANGELINA AJAY reporter | Saudi Arabia has committed to invest $ 25bn in Pakistan over the next five years focusing on energy, IT, minerals, defense, and agriculture sectors under the Special Investment Facilitation Council. Pakistan Prime Minister Shahbaz Sharif met with UAE’s Crown Prince Mohammed bin Salman in Makkah while he was on visit to Makkah for performing Umrah. Both sides agreed to expedite the first tranche of a $5 billion Saudi investment package for Pakistan. Soon, a Saudi delegation led by Foreign Minister Prince Faisal bin Farhan Al Saud, comprises Saudi Minister of
Newsnomics ANGELINA Ajay reporter | The ministry of justice marks the second year of “Five-Year Plan to Reduce Illegal Oversight “by taking strict and consistent action against the issue of foreigner’s illegal stay who threaten the public safety. In 2024, the first governmental joint crackdown on illegal immigrants will be proceed by the Ministry of justice in collaboration with the National Police Agency, Ministry of Employment and Labor, Ministry of Land, Infrastructure and Transport, Korea Coast Guard for the duration of 77 days from 2024, April 15 (Mon) ~ June 30 (Sun). The focused areas o
Newsnomics AJAY ANGELINA reporter | South Korea’s labor force is predicted to shrink by 10 million in the coming two decades as the economically active nation is struggling with the ageing population and the low birth rates showed the data released on Monday May 6,2024. According to the Korean Peninsula Population Institute for the Future, a private think tank in Seoul., “the number of people aged between 15 and 64 stood at 36.57 million in 2023 is projected to go down to 27.17 million in 2044. As per data report, the number of elementary school freshmen that was 430,000 in 2023 is set to near
Newsnomics AJAY ANGELINA reporter | According to the Korean financial investment industry, the Paradise stock price closed at 15,410 won on the 3rd, the most recent trading day. It rose 8.36% compared to March 29 (14,220 won). In addition, GKL rose 9.10% from 12,860 won to 14,030 won during the same period, and Lotte Tourism Development rose 3.68% from 9,790 won to 10,150 won. It is higher than the KOSPI and KOSDAQ returns of -2.55% and -4.40% during the same period according to the financial investment industry report on May 7,2024 This upward trend can be interpreted as the result of the rec
Newsnomics AJAY ANGELINA reporter | South Korean Ministry of Justice and the Human Resources Development Service of Korea agreed to work together in regard to ensure the stable performance of national exams by signing a business agreement (MOU) on Friday, May 3, 2024. Both organizations are working together to increase public trust in more stable national test operations. Both organizations share necessary information for the operation and management of national exams and cooperate. According to the MOU signed between the Ministry of Justice and Human Resources Development Service of Korea.1)
뉴스노믹스 AJAY ANGELINA 기자 | South Korean government announced to recruit 300 foreign workers annually to meet the need of labor shortage in its aircraft manufacturing industry amid nation's declining birthrate. South Korean government, after consultations with the Korea Aerospace Industries Association and relevant industries announced its plan to invite 300 migrant workers on a pilot basis at least for two-years in order to address workforce shortages in the aviation manufacturing sector. This measure is being implemented by the government as the Korean aircraft manufacturers have been experienc
Newsnomics AJAY ANGELINA reporter | South Korean government is deploying 100 Filipino household helpers in Seoul going to start their work in early August announced by the Ministry of Employment and labor. South Korea, by issuing E-9 visa to Filipino domestic workers is going to expand domestic services like child care and housekeeping that were limited to the agriculture, fisheries, manufacturing, construction sectors, food serving in Korean restaurants, hotels and resorts, forestry and mining. South Korea has completed discussions with the Philippine government in regard of Korea’s pilot pro