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Pakistan » Industries & Sectors

ECC approves winding up of Pakistan Textile City
Industries & Sectors

ECC approves winding up of Pakistan Textile City

ZAHEER ABBASI%D%A%D%AISLAMABAD: The Econo-mic Coordination Committee (ECC) of the Cabinet has approved winding up of Pakistan Textile City Limited (PTCL) after clearance of the companys liabilities and transfer of its land to the Port Qasim Authority (PQA
Published 27 Feb, 2017 08:23am
Mobile App set to facilitate passengers
Industries & Sectors

Mobile App set to facilitate passengers

ISLAMABAD: Pakistan Railways' latest initiative to launch mobile application to reserve seats of their choice without visiting their local reservation offices will facilitate the passengers a lot, an official said on Thursday.
Published 23 Feb, 2017 08:40am
Ogra seeks LPG record to analyse prices
Industries & Sectors

Ogra seeks LPG record to analyse prices

WASIM IQBAL%D%A%D%AISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has directed both the public and private sector LPG marketing companies and LPG producers to provide record of LPG business for the last 3 financial years to determine the fair analysis
Published 18 Feb, 2017 08:33am
Ministry-Nepra war of words intensifying
Industries & Sectors

Ministry-Nepra war of words intensifying

MUSHTAQ GHUMMAN%D%A%D%AISLAMABAD: The war of words between Ministry of Water and Power and National Electric Power Regulatory Authority (Nepra) is intensifying as the Ministry has sent a very strong rejoinder to the regulator on its letter written on Febr
Published 10 Feb, 2017 06:37am
PSM liabilities: CCoP seeks more details
Industries & Sectors

PSM liabilities: CCoP seeks more details

MUSHTAQ GHUMMAN%D%AISLAMABAD: Cabinet Committee on Privatisation (CCoP) has reportedly sought further details of Pakistan Steel Mills (PSM) liabilities prior to proceeding further with sell off/ leasing plan, well-informed sources told Business Recorder.
Published 06 Feb, 2017 07:29am
KE irked by government's audit of subsidy move
Industries & Sectors

KE irked by government's audit of subsidy move

MUSHTAQ GHUMMAN%D%AISLAMABAD: The management of Karachi Electric (KE) has reportedly expressed it serious reservations against the federal government for sending a team to conduct an audit of subsidy worth billions of rupees given by the federal governmen
Published 07 Jan, 2017 07:35am
KE private share holders' plea
Industries & Sectors

KE private share holders' plea

KARACHI: The private share holders of K-Electric (KE) have demanded of the present management of the company to take them into confidence in respect of any act of sale or transfer of majority shares to any foreign investor.
Published 02 Jan, 2017 09:03am
Chinese investors interested in textile sector
Industries & Sectors

Chinese investors interested in textile sector

KARACHI: Visiting Chinese investors from Shenzhen province on Wednesday showed deep interest in Pakistan's textile sector including entering deals with Pakistani businessmen for sale of goods and purchase of textile raw materials and for joint venture
Published 21 Dec, 2016 02:00pm
CPEC spurs capacity building in cement industry
Industries & Sectors

CPEC spurs capacity building in cement industry

KARACHI: The cement industry has gone in for capacity expansion from 44 million tons to 60 million tons within a couple of years to meet the massive rise in domestic demand due to China-Pakistan Economic Corridor (CPEC) and other public sector projects, s
Published 21 Dec, 2016 01:53pm
IT park to help boost exports: Anusha
Industries & Sectors

IT park to help boost exports: Anusha

ISLAMABAD: Minister of State for Information Technology and Telecommunication Anusha Rehman Tuesday said the information technology software park being set up in the federal capital would help boost exports from the country.
Published 20 Dec, 2016 02:12pm
China to set up large steel factory at Gwadar
Industries & Sectors

China to set up large steel factory at Gwadar

ISLAMABAD: Acting Chinese Ambassador to Pakistan, Zhao Lijian Monday said that his country would set up a large steel factory at Gwadar to further expedite economic developments being carried out under China-Pakistan Economic Corridor (CPEC) framework.
Published 19 Dec, 2016 01:10pm
KCCI questions peak hour charges by K-E
Industries & Sectors

KCCI questions peak hour charges by K-E

KARACHI: President, Karachi Chamber of Commerce and Industry (KCCI) Shamim Ahmed Firpo has urged K-Electric to avoid charging peak hour rate all day and implement the concept of time of use (ToU) across-the-board.
Published 19 Dec, 2016 11:56am
Pakistan retains ACG Chairmanship beating India
Industries & Sectors

Pakistan retains ACG Chairmanship beating India

KARACHI: Hanif Jakhura (CEO, Central Depository Company of Pakistan Limited) has been re-elected as the Chairman of Executive Committee of Asia Pacific Central Securities Depository Group (ACG) defeating Nageswara Rao (MD, National Securities Depository L
Published 15 Dec, 2016 02:04pm
KE enhances power distribution network
Industries & Sectors

KE enhances power distribution network

KARACHI: The K-Electric continues to streamline and further enhance its power distribution network by installing Aerial Bundled Cables (ABC) under its flagship Community Development Project Ujala in various communities.
Published 26 Nov, 2016 04:25pm
FPCCI president meets WCCI office-bearers
Industries & Sectors

FPCCI president meets WCCI office-bearers

MULTAN: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) president Rauf Alam Wednesday vowed to increase representation of Women Chamber of Commerce & Industry (WCCI) hailing from this region into FPCCI over its good performance.
Published 23 Nov, 2016 09:15pm
SC allows PEMRA to hold DTH bidding process
Industries & Sectors

SC allows PEMRA to hold DTH bidding process

ISLAMABAD: The Supreme Court on Wednesday set aside the stay granted by the Lahore High Court against bidding for Direct To Home (DTH) license by Pakistan Electronic Media Regulatory Authority (PEMRA) and conditionally allowed the Authority to hold the bi
Published 23 Nov, 2016 01:47pm
IT Ministry issues advisory over WhatsApp scam
Industries & Sectors

IT Ministry issues advisory over WhatsApp scam

Taking note of the malicious messages relating to invitations for activating video calling feature on the popular messaging app, Ministry of Information technology and Telecommunications Sunday issued a Web user advisory to inform the general public about
Published 21 Nov, 2016 06:47am
ICTs in transport domain opens doors to investment
Industries & Sectors

ICTs in transport domain opens doors to investment

ISLAMABAD: The unprecedented uptake of mobile broadband has opened doors to innovative business ventures and Pakistan has witnessed some instant hits in transport domain with world known service providers are entering into Pakistan to facilitate commuters
Published 19 Nov, 2016 02:23pm
Steel bars price up by Rs15,000 per ton
Industries & Sectors

Steel bars price up by Rs15,000 per ton

RECORDER REPORT%D%AKARACHI: The market price of steel bars, used in construction industry, has gone up by Rs 15,000 per ton, following the suspension of commercial activities at the Gaddani ship breaking yards after recent fire incident that left dozens o
Published 19 Nov, 2016 09:27am
Mobilink starts LTE trials
Industries & Sectors

Mobilink starts LTE trials

ISLAMABAD: Mobilink and Warid are in process of integrating their networks as subscribers of both the companies would experience 4G Long Term Evolution (LTE) and 3G services on their smartphone devices soon.
Published 18 Nov, 2016 10:21am
PAAPAM eyes orders for Fiat Chrysler
Industries & Sectors

PAAPAM eyes orders for Fiat Chrysler

MUHAMMAD ALI%D%A%D%AKARACHI: Pakistan Association of Automotive Parts and Accessories (PAAPAM) has expressed optimism to get orders from the American auto parts manufacturer for a new model of Fiat Chrysler, expected to be launched in 2017-18.
Published 18 Nov, 2016 07:38am