Iran to supply 100MW of electricity to Gawadar, agreement signed
Minister of Energy, Khurram Dastgir Khan, as was instructed by the PM of Pakistan Shehbaz Shareef, visited Iran earlier to communicate with his counterpart in the neighboring country Ali Akbar Mehrabian on increasing and strengthening the relations between both the countries mutually. The main reason for his visit was to discuss the project of a […]
PCATP elections scammed, IHC to look into the matter
Pakistan Council of Architects and Town Planners (PCATP) organize elections for the executive committee every two years. The results of the election held by PCATP in 2023 has been challenged in the Islamabad High court on accounts of hacking of the online polling system and disturbance in the results. Islamabad high court has been requested […]
Chinese Group showed interest to invest $2Bn in Telecom Sector
Sunwalk (Pvt) Ltd. Is a multinational telecom company based in China that has developed multiple technology based telecommunication infrastructures in China and has also acquired the TIP license in Pakistan. The company intended to invest 2 billion dollars for the installation of a stable fiber optic network in Pakistan that will be able to cover […]
Govt to hand over DISCOs to provinces
The Prime Minister, Shehbaz Sharif, presided over a high-level meeting to discuss the handover of electricity distribution companies to the provinces. During the meeting, the Prime Minister was informed about the losses incurred by electricity theft, non-recovery of billed amounts, and line losses of electricity distribution companies. The meeting was also presented with a comparison […]
Large scale manufacturing witnesses 4.4 percent decline
Pakistan’s Large Scale Manufacturing Industries (LSMI) output decreased by 4.4% in the first seven months of the 2022-23 fiscal year, compared to the same period last year, according to the Pakistan Bureau of Statistics. The provisional Quantum Index numbers (QIM) showed that the LSMI output decreased by 7.9% in January 2023, compared to January 2022, […]
National shipping corporation signs MoU with ENAR
Pakistan National Shipping Corporation (PNSC) and ENAR Petroleum Refining Facility signed a Memorandum of Understanding (MoU) to explore ways to reduce operational costs for the corporation. One of the key areas of collaboration will be to provide Very Low Sulphur Fuel Oil (VLSFO) for PNSC vessels. This means that all PNSC vessels calling at Karachi […]
Punjab Government canceled issued lisences of salt mining
A decision has been taken by Punjab government to cancel issued licenses to 56 companies for the salt mining. The decision has been taken during the 9th provincial Cabinet meeting chaired by Caretaker Chief Minister Punjab Mohsin Naqvi. The Punjab Cabinet has granted approval to start proceedings in order to cancel the issued licenses according […]