Year: 2022

Mr. Irfan Iqbal Sheikh, President FPCCI, has demanded that the downward spiral in international oil prices and continuous appreciation of Pak Rupee over the past couple of weeks should be transferred to the end consumers in full with immediate effect. This is the only swift measure that the government of Pakistan can take to provide some relief to the business, industrial and trade community to reduce their cost of doing business to some extent, he added. FPCCI Chief has noted with a sigh of relief that rupee has appreciated by…

National Waste Management Conference Call to develop specialized system to handle 1,100 tonnes of hospital waste generated daily in Karachi to protect public health August 17, 2022 There is no separate handling on modern lines of around 1,100 tonnes of garbage generated from hospitals in Karachi daily as haphazard disposal of medical waste creates a serious public health risk.This was stated by the Dean of Architecture and Management Sciences of the NED University of Engineering & Technology, Prof Dr Noman Ahmed, in his keynote address at the National Waste Management…

The government on Monday shelved a plan to sell two LNG-fired power plants to Qatar and instead decided to offer 51% stakes in the Roosevelt Hotel, New York, and the Pakistan International Airlines (PIA). Prime Minister Shehbaz Sharif took these decisions during a meeting convened to make preparations for his visit next week to Qatar, which is tentatively planned for August 22 to 23, highly placed sources told The Express Tribune. Finance Minister Miftah Ismail and former prime minister Shahid Khaqan Abbasi also attended the meeting. The premier has also constituted…

China is taking emergency action to bring more water to the drought-hit basin of the Yangtze River, deploying relief funds, seeding clouds and developing new supply sources as a record-breaking heatwave damages crops and livestock. The Ministry of Water Resources said in a notice on Wednesday that drought throughout the Yangtze River basin was “adversely affecting drinking water security of rural people and livestock, and the growth of crops.” It urged regions to make accurate assessments of drought-affected areas and devise plans to maintain water supplies, including temporary water transfers,…