Electric fans exports surge by 41.5pc in 10 months: Dawood

Advisor to Prime Minister on Commerce and Trade Abdul Razak Dawood has said that electric fans’ exports increased by 41.47 percent during the first 10 months (July-April) of the current fiscal year 2020-21 against the corresponding period of the last financial year. In a couple of tweets on Tuesday, the advisor said that it is very pleasing to see the country’s fan exports have recovered and are once again on the growth path. He lauded the efforts of the fan industry and the Trade Development Authority of Pakistan (TDAP), saying…

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Global push needed to ensure clean, affordable & sustainable electricity for all: Pakistan

Pakistan has called for a global transition to clean energy, saying it is a lynchpin for the achievement of the Sustainable Development Goals (SDGs) designed to combat poverty, hunger, disease and illiteracy. “Although we have made progress towards the achievement of SDG-7 in some areas, the overall effort still falls short of what is needed to meet the goals of the 2030 agenda and the Paris agreement on climate change,” Ambassador Munir Akram said at the launch of Global Tracking SDG-7: The Energy Progress Report. The SDG-7 is aimed at…

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Trade bodies disown anti-KE video

Top officials of the city’s trade bodies on Tuesday refuted claims made in a video published online by Karachi Chamber of Commerce & Industry (KCCI) on their portal regarding K-Electric’s (KE) performance. President Korangi Association of Trade and Industry (KATI) Saleem uz Zaman, President Site Super Highway Association of Trade & industry (SSHATI) Engr Nisar Ahmed, President Bin Qasim Association of Trade & Industry (BQATI) Mian Mohammed Ahmed, President Federal B Area Association of Trade & Industry (FBATI) Mohammad Ali in a joint statement said a video was released by…

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Experts call for enforcing maritime environmental law

This was the crux of the views expressed by maritime policy experts and marine scientists at a webinar titled The Ocean: Life, Livelihood and Sustainability – Opportunities and Challenges for Pakistan, said a statement on Tuesday. The speakers urged the Pakistan Maritime Security Agency (PMSA) to take the lead in enforcing environmental laws strictly by creating synergies among the environmental protection agencies of Sindh and Balochistan and the local governments of the coastal districts of both the provinces. Institute of Policy Studies (IPS) Vice Chairman Syed Abrar Hussain chaired the…

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Asia coal prices surge, but China-Australia dispute means rally is uneven: Russell

LAUNCESTON, Australia (Reuters) -Thermal coal prices across Asia have surged to multi-year highs amid strong demand and some supply constraints, but some types of the fuel have done better than others. This was the highest in more than a decade. This grade has now climbed 49% since the end of last year, and 162% from its 2020 low of $46.37 a tonne in September, reached amid the economic fallout from coronavirus lockdowns across Asia. The driver for the price increase has been strong demand from Japan and South Korea, the…

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