02132016Sat
Last update: Sat, 13 Feb 2016 09am

Industries & Sectors

Pakistan - Industries & Sectors

PIA announces reduction in fares ISLAMABAD: Pakistan International Airlines (PIA) has reduced its fares on domestic and major international flights, including Umra fares, with immediate effect.Decision to this effect has been taken to stabilize unrealistic hike in fares and to facilitate its valued customers, PIA' Spokesman Danyal Gilani said in a statement issued here Wednesday.The Spokesman further said that fares on Karachi-Islamabad-Karachi and Karachi-Lahore-Karachi would now be starting from Rs. 7,500 while return tickets for Umra would start from Rs. 54,500 for passengers from Lahore/Islamabad and Rs. 44,500 for passengers from Karachi. Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Industries & Sectors

K-Electric removes 3800 Illegal Connections across Karachi KARACHI: The K-Electric has removed around 3,800 illegal connections, weighing 800 KG, during 65 raids in different locations in the city. A statement on Tuesday said that raids were conducted in various areas of the city including Orangi, Lyari, Clifton, Bahadurabad, Saddar, Garden,Liaquatabad and Gulshan-e-Iqbal.A multistory residential project in Scheme 33, Gadap was raided and several illegal connections were removed and penalty was charged on the spot. Moreover, 400 kundas were removed in the locality ...

Pakistan - Industries & Sectors

Rs22,876mn released for NHA under PSDP so far ISLAMABAD: The government of Pakistan has released Rs. 22,876 million for National Highway Authority under the Public Sector Development Sector (PSDP) till February 4.Rs. 4,000 million have been released for Lahore-Abdul Hakeem Section (230 km) of Karachi-Lahore Motorway (KLM), while Rs. 1050 million have been released for 387 km Multan- Sukkur Section of the KLM, an official source told APP Tuesday.Rs. 2740 million have been released for Thakot to Havelian 120 km (Construction of Phase-I ...

Pakistan - Industries & Sectors

OGDCL, PPL to launch Shale gas, oil pilot project soon ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) have been assigned the task to launch a pilot project to drill Shale gas and oil wells, a senior official in Ministry of Petroleum and Natural Resources said Tuesday.Following identification of massive resources of the Shale gas and oil in the country, he said, both the companies were making arrangements to launch the project at the earliest."The pilot project will tap the ...

Pakistan - Industries & Sectors

Flight operations gain momentum ISLAMABAD: After being grounded for many days, the national carrier's flight operations continue to improve with the airlines a spokesman claiming PIA operated 13 flights in the last 12 hours.According to a private news channel, while many flights still remain cancelled the situation was improving on a daily basis. Initially the airlines prioritized bringing home pilgrims stranded in Saudi Arabia, but by Tuesday PIA had resumed operations to multiple international destinations as well.Flight operations have ...

Pakistan - Industries & Sectors

PR eager to generate Rs37.8bn revenue in current year ISLAMABAD: Pakistan Railways is confident to generate Rs37.8 billion revenue during the current financial year under a multi-pronged strategy including business development, rolling stock availability, infrastructure development and governance.The government had given the target of Rs32 billion to be achieved during the current fiscal and the Railways would not only achieve the target but also surpass it, an official in the Ministry of Railways told APP here on Tuesday."The freight train service was main source ...

Pakistan - Industries & Sectors

Smartwatch future in Pakistan bright ISLAMABAD: The revolution of smartphones stepping into market has provided a great level of convenience to people involved in social, technical and even economical activities.The introduction of smart watches is further convenient option one can possibly utilize as through this facility one can connect with phone via bluetooth.Given a low ownership of smartphone, it might take a few more years before Pakistanis will be convinced to adopt newer forms of mobile technologies or wearables.However, their ...