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Last update: Sun, 31 Jul 2016 08am

Industries & Sectors

Pakistan - Industries & Sectors

Car production up 21.57pc, LCVs output increases 35.65pc in 11 months ISLAMABAD: The production of jeeps and cars witnessed growth of 21.57 percent in production during the first eleven months of the current fiscal year, compared to the corresponding period of last year.As many as 168,363 jeeps and cars were manufactured during July-May (2015-16) compared to the production of 138,490 units during July-May (2014-15), showing a surged of over 21.57 percent, according to the data of Pakistan Bureau of Statistics (PBS).The production of Light Commercial Vehicles (LCVs) also witnessed positive growth of 35.65 percent by going up from the output of 24,794 units during last year to 33,632 units during the current year.The production of motorcycles increased by 16.65 percent during the period under review. The production of motorcycles stood at 1,873,491 units during the first eleven months compared to the production of 1,606,075 units during the corresponding period of last year.The production of buses increased by 85.79 percent by going ...

Pakistan - Industries & Sectors

Engro Powergen, DTI Join hands to provide scaffolding training in Thar ISLAMABAD: The Engro Powergen Thar Limited (EPTL) and Descon Technical Institute (DTI) signed an agreement to provide on-site scaffolding training to 200 locals of Thar.This will serve as a great opportunity for the people of this region to become more involved with the Thar Coal Project which will be a game changer for Pakistan's energy landscape and the people of the desolate region of Thar, said a press statement issued on Monday.Moreover, with this Project ...

Pakistan - Industries & Sectors

Solar, electric rickshaws to run in Peshawar soon ISLAMABAD: To control the ever increasing environmental pollution, the Khyber Pakhtunkhwa government has decided to introduce solar and electrical rickshaws in Peshawar soon.Talking to a private news channel, Secretary transport department KP Hamid Gigyani said the Khyber Pakhtunkhwa government wanted to reduce pollution in the province and particularly in the capital city Peshawar and that was the reason the electric and solar rickshaws were being introduced.He said a number of companies had submitted their proposals ...

Pakistan - Industries & Sectors

Pesco imposes Rs 120,000 fine on power pilferer PESHAWAR: The PESCO authorities here Friday imposed a fine of Rs 120,000 on a power pilferer for using electricity through direct hocks. On the directions of Chief Executive Pesco, Anwar ul Haq Yousafzai drive against illegal use of electricity was accelerated throughout the province, says PESCO press release. In this connection, the surveillance team under the supervision of Director Surveillance Naeem Khan, Deputy Director Riaz Kakar and Deputy Director Mujahid Khan along with SDO Shahi ...

Pakistan - Industries & Sectors

Chinese Co. shows interest to invest in fisheries industry in Sindh KARACHI: Internationally renowned Chinese company, Shandong Huiyang Group has shown keen interest to invest in Fisheries and different sectors of Sea food industry in Sindh.A delegation of the Company called on Chairperson, Sindh Board of Investment (SBI), Naheed Memon, said a statement on Thursday.The delegation was informed that there are vast investment opportunities in fish farming, shrimp farming, processing and other related sectors at the coastal belt of Sindh.The members of the delegation told the ...

Pakistan - Industries & Sectors

First Hajj flight to depart on August 6 SUKKUR: The first Hajj Flight from Begum Nusrat Bhutto Airport Sukkur will leave for Jeddah on August 6. The filghts will continue till August 13. To finalize the arrangements in connection to Hajj operations-2016, a meeting held at Commissioner Office Sukkur, presided over by Commissioner of Sukkur Muhammad Abbas Baloch on Thursday. The officials of Civil Aviation Authority (CAA), Pakistan International Airlines (PIA), Police, Customs and other concerned departments were also present on the occasion.Briefing ...

Pakistan - Industries & Sectors

PTCL earns Rs 58.96 billion revenue ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL),the country's leading ICT services provider has earned Rs. 58.96 billion revenue during the first half of 2016 whereas PTCL's revenues were Rs. 36.2 billion during corresponding period.The financial results for half year ended June 30, 2016 were announced in the Board of Directors meeting held here on WednesdayIn the meeting, the Board of Directors has declared 10% interim cash dividend to the shareholders, said a press release.DSL broadband revenues ...