Karachi: Atif Ikram Sheikh, President FPCCI, has constituted a high-profile think tank of the apex body – comprising the nation’s top economic minds, governance specialists, industrialists, entrepreneurs, investors and exporters. The body will be called FPCCI’s Think Tank on Pakistan’s Economic Revival & Growth (FPCCI-PERG); and, will be chaired by Dr. Gohar Ejaz, former caretaker federal minister for finance, revenue…
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UNITED NATIONS: Pakistan has informed a UN environment meeting that it plans to establish zero plastic waste cities along the Indus River to combat the pervasive issue of plastic pollution. Revealing details of the plan to the world body, Pakistan’s UN envoy Munir Akram stated that it forms a crucial component of the broader ‘Living Indus Initiative,’ which seeks to…
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IT is concerning to note that dozens of industries have been violating environmental laws in and around Islamabad. While the Pakistan Environmental Protection Agency deserves appreciation for its survey of 270 industries across I-9, I-10, GT Road Sang Jani, and Kahuta Triangle Industrial State that brought the issue to light, there is a pressing need for more robust measures to…
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ISLAMABAD: The government has planned to set up a new dedicated Mines and Minerals Division as part of efforts to accelerate mining activities to give a big push to Pakistan’s economy.This is in line with the attempts made in the previous tenure of Pakistan Democratic Movement (PDM) government, which strived to establish the Mines and Minerals Division to ramp up…
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LAHORE:Sui Northern Gas Pipelines Limited (SNGPL) has emphasised that the cost of human resources accounts for only 4% of the total gas price, where 94% is the cost of gas and the remaining is the return on capital expenditure.According to an SNGPL spokesperson, one of the key reasons behind the increase in gas prices is the continuous depletion of domestic…
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The National Electric Power Regulatory Authority (Nepra) on Thursday allowed the federal government to go ahead with a quarterly tariff adjustment of Rs2.75 per unit for all consumers across the country for three months — April to June — with additional revenue impact going beyond Rs85 billion.The increase was allowed under quarterly tariff adjustment (QTA) for the second quarter —…
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ISLAMABAD: Flabbergasted by the non-compliance of its orders and the rising fuel costs, the National Electric Power Regulatory Authority (Nepra) on Thursday expressed concern that the impact of fuel costs for February consumption actually meant a Rs7.63 per unit tariff increase, instead of the Rs5 per unit sought by power companies in their petitions.At the same time, the regulator advised…
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Saudi Arabia, the United Arab Emirates, and Qatar have emerged as prospective purchasers for Pakistan International Airlines (PIA), displaying keen interest in acquiring the country’s flagship carrier. This development unfolds against the backdrop of the Pakistani government’s push to privatize PIA as part of its efforts to tackle financial challenges. Government officials have reportedly engaged in discussions with top-level representatives…
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Govt decides to install smart meters on transformers under PSDP n Shehbaz Sharif lauds Pakistan Navy for safeguarding country’s maritime interests n APNS delegation calls on PM n Shehbaz Sharif assures to resolve issues faced by journalist community. ISLAMABAD – Prime Minister Shehbaz Sharif Thursday chaired a high level meeting to control electricity theft and directed the concerned authorities to…
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MANSEHRA: Work on the Suki Kinari hydropower project is in full swing and will be completed in November this year, said an official on Thursday. “After Tuesday’s suicide attack on Chinese engineers in Shangla, our workers, including foreigners, continued to perform their duties,” assistant director of the project Syed Abdul Rehman told reporters. He said the 884-megawatt Suki Kinari project…
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