Category: Recent Post

ISLAMABAD: Prime Minister Imran Khan on Tuesday unveiled a major power bill relief package for industries with extra incentives for small and medium businesses, doing away with peak-hours charging and slashing the tariff on additional electricity consumed. The premier announced the package accompanied by members of his economic team after a meeting of the federal cabinet. Under the package, all industries will be exempted from peak-hours charging for the next three years. Small and medium enterprises using additional power than their consumption in their previous bills will be given a…

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KARACHI: Lockdown-hurt business community sees positive impact of electricity tariff discounts announced by the government for trade and industry on revving up the economy, their representatives said on Tuesday. Anjum Nisar, president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) said electricity cost will help in overcoming inflation and spurring economic growth. “FPCCI has long been striving for rational electricity tariffs for industries to help them compete with the regional competitors,” said Nisar. “The struggle has now been fulfilled as the government realised the issue.” Prime Minister…

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Ah, Big Oil. The term is technically used to describe the world’s seven largest publicly traded oil and gas companies, including BP, Shell, and ExxonMobil. But the term is also used pejoratively, to describe influential lobby groups, particularly in the US political system. These groups often have a blatant disregard for the environment, and for the laws that protect our planet. However, corporations do respond to one thing: public perception. Witness, for instance BP (formerly known as British Petroleum), try to promote conversations about the carbon footprint in the 2000s. Witness also…

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KARACHI: Speakers at a media workshop held on Wednesday at a local hotel warned that growing population and continued discharge of industrial and domestic waste into the environment coupled with increased extraction of groundwater were worsening the freshwater crisis in Pakistan, urging the government to come up with water conservation strategies. The event was organised under a World Wide Fund for Nature-Pakistan (WWF-P) project titled International Labour and Environmental Standards (ILES) Application in Pakistan’s Small and Medium Enterprises (SMEs). The project is currently being implemented in Karachi, Lahore, Faisalabad and…

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KARACHI: Rapid urbanization, over-population, industrial pollution and lack of storage facilities are aggravating freshwater availability in Pakistan. Mismanagement of rainwater mainly during the monsoon season along with other factors are also contributing to the water Scarcity This was stated by speakers during a media briefing workshop organized under WWF-Pakistan’s International Labour and Environmental Standards (ILES) Application in Pakistan’s Small and Medium Enterprises (SMEs) project held here at a local hotel on Wednesday.Speakers suggested that Pakistan has agro-based economy so it’s important that integrated water resource management, rainwater harvesting, water recycling…

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