08262016Fri
Last update: Fri, 26 Aug 2016 06am

Industries & Sectors

Pakistan - Industries & Sectors

Pakistan’s first motorcycle-taxi service launched in twin cities Pakistan transport sector is currently the place to be, with a number of car hailing apps i.e. Travly, Careem and Uber penetrating into the country, a Pakistani startup looks to change the game by introducing the first ever ride-sharing motorcycle service.Meet Cargar, a ride sharing motorcycle service which has entered Pakistan’s dynamic transport sector, aiming to be to be an economic and pollution free solution to traffic congestion. “Cargar is an innovative start-up aiming to provide its customers with smart solutions to over-charging, traffic congestion and intensification of carbon footprint. With Cargar, you’ll experience secure, inexpensive and efficient transport which shall not only reinvigorate the road infrastructure of twin cities but also cause reduction in civic issues,” said a statement on Cargar’s website.As per local media reports, the service has been introduced in Islamabad and Rawalpindi, but the company plans to expand its services to Lahore and Karachi once they’ve ...

Pakistan - Industries & Sectors

3G/4G users touch 32mn mark by July ISLAMABAD: The mobile phone companies have added 2.2 million new mobile broadband users to their networks during last month as total subscribers base of 3G and 4G reached 32 million mark till July, 2016.Mobile phone companies grew their 3G/4G users by almost eight percent and according to Pakistan Telecommunication Authority (PTA), Mobilink alone added 1.2 million new 3G users on its network while Zong added another half million 3G users during the month.Total number of ...

Pakistan - Industries & Sectors

Payment of sales tax refund will boost exports; Gulzar Firoz KARACHI: Chairman, Pakistan Tanners Association (Central) Gulzar Firoz has congratulated Prime Minister Muhammad Nawaz Sharif, Finance Minister, Senator Muhammad Ishaq Dar, Chief Executive TDAP, S.M. Munir, President FPCCI, Abdul Rauf Alam and Chairman, FBR Standing Committee, FPCCI Zubair Tufail and other office bearers of FPCCI on payment of Sales Tax refund cheques to the exporters.In a statement on Thursday, Gulzar Firoz said that Prime Minister and Finance Minister kept their promise by payment of sales ...

Pakistan - Industries & Sectors

Railways needs 600 locomotives to meet anticipated traffic ISLAMABAD: Pakistan Railways has needed 600 good condition locomotives to meet anticipated freight and passenger traffic."Now Pakistan Railways has a fleet of 440 locomotives out of which only 275 are functional," an official in the Ministry of Railways told APP.He said that Pakistan Railways currently has only 275 locomotives in a running condition, while it needs another 375 engines during the next five years.As many as 260 railway locomotives have completed their economic life, while ...

Pakistan - Industries & Sectors

OGRA issues 20 licences for setting up LPG Auto-Refueling stations ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has issued 20 licences for setting up LPG Auto-Refueling stations in different parts of the country during last fiscal year."The authority also granted 12 permits for operational marketing of storage and filling plants, 37 for construction of LPG storage and filling plants, one for storage and refueling of LPG and one for production and storage of LPG facility," official sources in the Ministry of Petroleum and Natural Resources ...

Pakistan - Industries & Sectors

PTA to take action against users of frequency spectrum without valid licence ISLAMABAD: Pakistan Telecommunication Authority (PTA) will take action against users of frequency spectrum without a valid license.PTA and Frequency Allocation Board (FAB) have been monitoring frequency spectrum and taking enforcement action against illegal/unauthorized user of frequency spectrum on regular basis, said a press release.Use of frequency spectrum without obtaining license from PTA is an offense under Section 31 of Pakistan Telecommunication (Re-Organization) Act 1996. Illegal use of frequency spectrum may lead to imprisonment up to ...

Pakistan - Industries & Sectors

NEPRA approves Rs2.49 cut in power tariff ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) Wednesday approved a cut of Rs 2.49 per unit in the power tariff under the fuel adjustment mechanism.The cost has been brought down under the head of Fuel Adjustment Charges for the month of July.According to a notification, the revised rates will not be applicable on the consumers of K-Electric and those consuming less than 300 units of electricity.Copyright APP (Associated Press of Pakistan), 2016 ...