Elon Musk's company Starlink Internet Services has officially registered itself with the Securities and Exchange Commission of Pakistan (SECP) to provide internet services in Pakistan through satellite.
According to a statement issued by the Ministry of IT and Telecommunication on Monday, SpaceX Director for Global Licensing and Market Activation Ryan Goodnight met Pakistan's Federal Minister for Information Technology and Telecommunication Syed Aminul Haq to discuss the registration of SpaceX's Starlink.
The meeting was held to explore how Starlink's quickest and least expensive satellite internet services could open the door for reasonably priced broadband services throughout Pakistan.
The minister expressed the optimism that even in remote areas Starlink's services could significantly lower the operational costs of telecom operators.
The minister stated, "Our main goal is to provide broadband services to every area of Pakistan at a reasonable price," adding, "Starlink can play a significant role in this regard."
Ryan Goodnight expressed his appreciation for Pakistan's growth in the IT and telecom sectors and thanked the minister for his cooperation. Ryan said, "The fundamentals are finished, and we are now prepared to go quickly."
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on May 29, 2023 (Monday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||381||384.5|
|Hong Kong Dollar||HKD||36.6||36.95|
|New Zealand Dollar||NZD||176.98||178.98|
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs202,160.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 235,800||PKR 2,505|
|Karachi||PKR 235,800||PKR 2,505|
|Islamabad||PKR 235,800||PKR 2,505|
|Peshawar||PKR 235,800||PKR 2,505|
|Quetta||PKR 235,800||PKR 2,505|
|Sialkot||PKR 235,800||PKR 2,505|
|Attock||PKR 235,800||PKR 2,505|
|Gujranwala||PKR 235,800||PKR 2,505|
|Jehlum||PKR 235,800||PKR 2,505|
|Multan||PKR 235,800||PKR 2,505|
|Bahawalpur||PKR 235,800||PKR 2,505|
|Gujrat||PKR 235,800||PKR 2,505|
|Nawabshah||PKR 235,800||PKR 2,505|
|Chakwal||PKR 235,800||PKR 2,505|
|Hyderabad||PKR 235,800||PKR 2,505|
|Nowshehra||PKR 235,800||PKR 2,505|
|Sargodha||PKR 235,800||PKR 2,505|
|Faisalabad||PKR 235,800||PKR 2,505|
|Mirpur||PKR 235,800||PKR 2,505|
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