14.08m phones manufactured during first six months of 2022

According to the data revealed by Pakistan Telecommunication Authority (PTA) the manufacturing of local mobile phones for the first six months of 2022 stands at 14.08 million. The locally manufactured/assembled 14.08 million mobile phones handsets include 8.06 million 2G and 6.02 million smartphones. Further as per the PTA data, 54 percent mobile devices are smartphones […]

Coal plants considering using Thar coal for power generation

Many coal plants in Pakistan have been set up such that they utilize imported coal for power generation. Port Qasim Electric Power Company (Private) Limited (PQEPC) has recently shown willingness to mix Thar coal to the imported coal in the boilers to use for power generation. This has been conveyed by Chief Executive Officer, CEO, […]

PEL partners up with Savyour

pel

Savyour, Pakistan’s leading shopping rewards and cash back platform, has entered into a strategic partnership with Pak Elektron Limited (PEL), the country’s pioneer manufacturer of electronic appliances. The brands have collaborated to offer consumers across the country a vast range of premium products with the convenience of ordering online, with additional savings on top in […]

WB to assist Sindh govt for construction of Jam Sadiq Bridge

A High profile meeting was held consisting of senior representatives from Sindh govt and World Bank. During the meeting the repair of Jam sadiq bridge and the construction of an alternate bridge, to facilitate mass transit system, was agreed upon by both sides. Sindh Chief Minister Syed Murad Ali Shah and other senior ministers attended […]

Iran-Pakistan considering payments in PKR

The US imposed sanctions on Iran and the absolute unavailability of banking channels to the country has made it very difficult to pay the country for the electricity/ gas being imported. In this regard the two countries are now considering receiving payments in PKR instead of dollar. Pakistan plans to by Liquefied Petroleum Gas (LPG) […]