Meeting reviews gas load management

[ Managing directors of SNGPL, SSGC briefed the meeting on the current availability of gas across country ISLAMABAD: A high-level meeting on winter gas load management was held under the chairmanship of Federal Minister for Petroleum Ali Pervaiz Malik. The minister said that, on the special directives of the prime minister, every possible step should … Read more

Shehbaz reduces business costs by abolishing export surcharge

[ ISLAMABAD: Prime Minister Shehbaz Sharif on Monday ordered to immediate abolish the export development surcharge (EDS), taking a small but important step to lower the cost of doing business for exporters and responding to complaints about misuse of funds. The premier instructed to establish a committee to oversee the utilisation of the pending balance … Read more

Cabinet body okays SOE board appointments

[ FinMin highlights selection of candidates from private sector with required expertise Minister for Finance and Revenue, Senator Muhammad Aurangzeb. Photo: APP ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Monday approved board-level appointments across key public sector entities, including Zarai Taraqiati Bank Limited (ZTBL), the Port Qasim Authority, Sui Northern Gas Pipelines Limited … Read more

Senate body vows support for sports revival

KARACHI: The Senate Standing Committee on Cabinet Secretariat on Monday pledged full support for improving basic sports infrastructure, promoting players, boosting sports activities, and hosting international events in the country. Committee Chairman Rana Mahmoodul Hassan and member Senator Amir Waliuddin Chishti expressed these views while talking to media during a visit to National Stadium Karachi … Read more

ECNEC okays Karachi civic services project

[ ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) on Monday approved the second phase of the Karachi water and sewerage services improvement project at a cost of $665 million, or Rs186 billion, to meet civic service needs in the country’s largest metropolitan city. Headed by Deputy Prime Minister Ishaq Dar, Ecnec also … Read more

SIFC to take final decision on chemical licences

[ Industries demand extension in date for acquiring licences, get assurance from DG explosives ISLAMABAD: The issue of delay in extension for acquiring dangerous petroleum licences has landed in the Special Investment Facilitation Council (SIFC) as the business community of Karachi is disappointed over the absence of a solution. Sources said that the extension was … Read more

Security forces killed 22 terrorists in Bannu IBO

Sanitisation operation is ongoing to eliminate remaining Indian-sponsored Khwarij in area Security forces neutralised 22 Indian-sponsored terrorists during an intelligence-based operation (IBO) in Bannu District as part of their ongoing counterterrorism campaign under the ‘Azm-e-Istehkam’ vision, the military said in a statement on Tuesday. According to the Inter-Services Public Relations (ISPR), the IBO was conducted … Read more

MNCs exit clouds startup growth

[ LAHORE: At a time when Pakistan is grappling with the departure of some multinational giants, an unexpected surge in new business registrations has added a complex layer to the country’s investment outlook. The Securities and Exchange Commission of Pakistan (SECP) has recently reported that 14,802 new companies were registered during the first four months … Read more

Minister for shipping tie-up with Dhaka

[ ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has proposed the establishment of a formal cooperation framework between Pakistan National Shipping Corporation (PNSC) and Bangladesh Shipping Corporation to deepen maritime collaboration between the two countries. The proposal, presented during a meeting in London with Dr M Sakhawat Hussain, Adviser for Shipping of … Read more