Year: 2020

Australian company keen to invest in Pakistan’s renewable energy sector

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ISLAMABAD: Andrew Forrest, Chairman of Australian company Fortescue Metals Group Ltd, has expressed a keen interest in making investments in Pakistan’s renewable energy sector and green industry. In a meeting with Prime Minister Imran Khan on Monday, Forrest said the investment by Fortescue Group would help create employment opportunities for Pakistanis, besides introducing new technology solutions for a host of industries. The PM appreciated the interest of Fortescue Group in Pakistan and assured all possible facilitation in undertaking business ventures in the country. He also shed light on the government’s investment-friendly…

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NAB to investigate K-P’s tsunami tree project

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ISLAMABAD: The National Accountability Bureau’s (NAB) Executive Board on Wednesday approved four separate investigations into Khyber Pakhtunkhwa’s Billion-Tree Tsunami Project, a spokesperson for the anti-graft buster said. According to the spokesperson, the anti-corruption watchdog also approved six separate inquiries into the project. The decision was taken in a meeting presided over by NAB Chairman retired Justice Javed Iqbal. The meeting also approved filing one reference, conducting seven investigations, 12 inquiries and closing some investigations for want of evidence. The NAB’s Executive Board Meeting (EBM) accorded approval for filing a reference…

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Govt for speedy setting up of LNG terminals

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ISLAMABAD: The federal cabinet on Wednesday directed the petroleum and defence ministries to remove all hurdles within 30 days to facilitate setting up and operationalisation of two additional liquefied natural gas (LNG) processing terminals in the private sector. Under the decision taken at a cabinet meeting on Tuesday, the prime minister approved two proposals of the Ministry of Maritime Affairs and ordered immediate implementation. Special Assistant on Pet­ro­leum Nadeem Babar confirmed that the cabinet removed all obstacles. He said the two additional terminals required a total of 16 approvals and…

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Industrialists protest poor infrastructure facilities at SITE area

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Karachi: A large number of industrialists of SITE area Karachi staged a peaceful protest outside the office of SITE Limited against the non-provision of infrastructure facilities in SITE area Karachi, particularly the worst-ever condition of roads. Industrialists demanded to hand over Site Ltd management control to Site Association, immediate start of roads repair under Site Association supervision, Site board members should fulfill their responsibilities, Site be given rights equal to other industrial areas and save Site area from total disaster. Prominent industrialists of the area Siraj Kassim Teli, Zubair Motiwala,…

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iPhone 12 to launched on Sept 15

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CALIFORNIA: The US technology giant Apple Inc. has announced to launched iPhone 12 on September 15. According to media reports, the iPhone 12 will be launched in a ceremony to be telecast live. Earlier, the company had announced that the iPhone 12 will be introduced in October instead of September in the wake of coronavirus pandemic. The reports said that possibly four variants of the new iPhone 12 would be introduced. These variants included iPhone 12, iPhone 12 Max, iPhone 12 Pro and iPhone 12 Pro Max. The starting price…

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