A brief look at Sustainable Energy
Engineering Post Report The Energy Sector of Pakistan was confronted with an intricate network of challenges predominated by circular debt, imported fuel-based generation mix, depleting natural gas supplies, volatile international energy prices and high transmission and distribution losses. According to the information available, the Planning Commission of Pakistan has outlined a comprehensive roadmap, the “SE Framework” […]
A look at biter unemployment facts and figures
Report by Engineering Post About 5.6 million people in Pakistan are reported to be unemployed this year indicating an alarming increase of 1.5 million since 2021. According to the facts and figures available from the official sources, Agriculture employs as much as 37.4 per cent followed by the Services sector with 37.2 per cent. Country’s unemployment rate stands at […]
Pakistani workers home remittances in May 2024 showed appreciable increase
Report by Engineering Post Large number of Pakistanis are living and working in foreign countries around the globe and they are making appreciable contributions towards the national economy by sending their families back home through the proper system every month. According to the latest figures available in this regard, Overseas Pakistanis home r remittances of $ 3.24 […]
Ministry of Science & Technology continuing supporting SMEs
Report by Engineering Post The Federal Ministry of Science and Technology (MoST) was continuing to guide and support the Small and Medium Enterprises (SMEs) in exploring and adopting new trends and requirements of international competitiveness and improving industrial productivity and quality according to the requirements of internationally recognized standards and guidelines. According to the information available, […]
IPPs demand release of $758 million pending amount
Engineering Post Report More than three dozen Independent Power Producers (IPPs) are running power plants of varying strength in different parts of the country. Most of these IPPs have been established by the Chinese investors under the overall framework of China -Pakistan economic Corridor (CPEC). IPPs have sought intervention of the Private Power and Infrastructure Board (PPIB) […]
Increase in Exports and decrease in imports in first three quarters
Report by Engineering Post Export of goods from the country had witnessed an improvement of 10-6 percent and stood at US $ 25.7 billion during the first three quarters of last financial year July-April 23-24 as compared to US $ 23.2 billion worth goods exported in the same period of the previous year. Briefly, on the […]
Neelum-Jhelum Hydropower Project faces longer shutdown due to technical problems
Report by Engineering Post The 969-MW Neelum Jhelum Hydropower project, located both above and under- ground near Muzaffarabad in Azad Kashmir has been shut yet another time for more than two months and possibility of its remaining off for longer period of 18 to 24 months cannot be ruled out at all. Though the exact cause […]
Treet Corporation setting up wholly-owned subsidiary in UAE
Engineering Post Report Treet Corporation Limited is setting up a wholly-owned subsidiary in the United Arab Emirates (UAE) with initial capital of $ 100000 and provision of a corporate guarantee for its associate company, Loads Limited. The new subsidiary, Treet Trading LLC, will be based in Dubai Economic Development Zone, Mainland, UAE . This subsidiary will be fully incorporated following […]
Measures being taken to push Digital Pakistan in ICT sector
Report by Engineering Post A number of measures were in the process of being taken at the appropriate levels concerned to push onward Digital Pakistan in the Information and Communication Technology (ICT) sector. Special Technology Zones (STZs) were being established and operationalized comprising Information Technology Parks, Software Technology Parks, Business Process Outsourcing Complexes, Research and Development facilities, and […]