Category: Latest News

ISLAMABAD: The government has directed federal and provincial authorities to take coordinated action against the alleged hoarding of liquefied petroleum gas (LPG) to create an artificial shortage ahead of winter, as market prices have reportedly surged nearly 50 per cent above the official rate. The Oil and Gas Regulatory Authority (Ogra) has also been asked to coordinate with provincial governments and relevant federal agencies responsible for port operations and clearance to ensure the timely lifting and supply of LPG. The move follows reports that an 11.8-kilogram domestic LPG cylinder is…

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ISLAMABAD: The Board of Directors of Sukkur Electric Power Company (SEPCO) has decided to proceed with the recruitment of a regular chief executive officer (CEO), maintaining that the Power Division neither directed the company to withhold the job advertisement nor formally suspended the Board’s earlier decision to readvertise the position, according to sources. The Board has also sought clarification from the ministry regarding the legal authority under which a letter issued at the Section Officer level could effectively halt the implementation of a Board decision. It emphasised that the company’s…

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ISLAMABAD: Chinese power projects established under the China-Pakistan Economic Corridor (CPEC) framework are reportedly awaiting Rs498 billion in outstanding payments from the Central Power Purchasing Agency-Guarantee (CPPA-G), which is facing financial constraints in settling the liabilities, according to well-informed sources. The payment delays have prompted repeated reminders from power companies through official correspondence, with the issue reportedly reaching the Prime Minister’s Office on several occasions. Recently, Port Qasim Electric Power Company (PQEPC) Chief Executive Officer Wang Dongfeng wrote to the ministers for Finance and Revenue, Planning, Development and Special Initiatives,…

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Karachi, October 17, 2026: The Sindh government is striving to further improve, modernize, and make the public transport system environmentally friendly, while the first batch of buses will reach Karachi by November 2026. In this regard, Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit Sharjeel Inam Memon held important meetings with officials of bus manufacturing companies in Shanghai. Senior Minister Sharjeel Inam Memon met with Mr. Robin Shen, Chief Executive Officer of Yutong Bus Manufacturing Company, during which the company offered its cooperation and support for…

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Finance Minister Muhammad Aurangzeb on Saturday told AFP that Pakistan had so far withstood the shock from skyrocketing energy prices due to the US-Israeli war on Iran, but that attacks on infrastructure in Saudi Arabia and other Gulf countries were “worrying” for the country’s longer-term economic outlook.In an interview on the sidelines of the International Monetary Fund (IMF)-World Bank Annual Meetings in Bangkok, Aurangzeb said the country had procured enough energy supplies to last through November, and was now planning for the winter months, when household needs typically spike.“The first-order…

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