12082016Thu
Last update: Thu, 08 Dec 2016 05am

Industries & Sectors

Pakistan - Industries & Sectors

18 fuel efficient aircraft in PIA improve fleet age ISLAMABAD: Pakistan International Airlines (PIA) has acquired 18 narrow body/fuel efficient aircraft during last two years which improved fleet age from 14 years to 9 years.  The induction of more aircraft in fleet, the punctuality of flights has also witnessed increase to above 90 per cent during 2016. Official sources at Aviation Division while listing achievements gained and profit earned by PIA during tenure of present government on Wednesday said the organization recorded a gross operating profit of Rs. 2.83 billion in first quarter of 2015. The sources said PIA also launched Premier Service initially on London route effective August 14, 2016 and response of this upgraded service is very encouraging.  PIA has obtained A-330-300 aircraft from Sri Lankan airlines in order to compete with other rival airlines on this route. The sources said in line with Prime Minister's Youth Development Programme, cabin crew training centers have been established at Lahore, Nawab Shah, Swat, Rawalpindi, Peshawar and Quetta besides Karachi. Cabin crew has also been trained from ...

Pakistan - Industries & Sectors

KE establishes electrical engineering lab  KARACHI: The K-Electric has established an electric engineering lab. An official of the utility said on Wednesday that in order to further strengthen the knowledge platform for future engineers, K-Electric has partnered with NED University of Engineering and Technology (NEDUET) to establish its electrical engineering lab along with the provision of integrated equipment. The state-of-the-art lab was inaugurated by Prof Dr Muhammad Afzal Haque, Vice Chancellor, NEDUET and Syed Fakhar Ahmed, Chief Marketing and Communication Officer K-Electric along with university staff. The first of its kind ...

Pakistan - Industries & Sectors

More Mobile Testing Labs planned to improve monitoring mechanism: PSQCA ISLAMABAD: Pakistan Standards & Quality Control Authority (PSQCA) plans to introduce Mobile Testing Laboratories (MTLs) in different cities of the country to improve monitoring mechanism through enhanced market surveillance and surprise visits.  A Mobile Testing Laboratory is already functional at Karachi while similar laboratories would also be introduced in other major cities to achieve better results and improve efficiency.  Sources at Ministry of Science and Technology (MoST) on Tuesday said re-structuring of PSQCA has been proposed in National Quality Policy (NQP) to meet best ...

Pakistan - Industries & Sectors

Japan ready to provide technical support to Pak industries SIALKOT: Japanese Ambassador in Pakistan Takashi Kurai Monday said that his country was ready for providing all technical support and guidance for modernising industries in Sialkot.Addressing an important meeting of Sialkot business community, held at the Sialkot Chamber of Commerce and Industry (SCCI) here, the ambassador stressed the need for making sincere efforts for enhancing bilateral trade between Japan and Pakistan.He also promised ensuring easy access of Sialkot exporters to markets in Japan.SCCI President Majid ...

Pakistan - Industries & Sectors

JCR-VIS reaffirms entity ratings of Kot Addu Power Company KARACHI: JCR-VIS Credit Rating Company Limited has reaffirmed the entry ratings of Kot Addu Power Company Limited (KAPCO) at `AA14' (Double A Plus/ A-One Plus).The outlook on the assigned ratings is `stable'. The previous rating action was announced on November 20, 2015, said press release here on Monday.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Industries & Sectors

PIA offers 30pc discount on late-night flights KARACHI: The Pakistan International Airlines (PIA) has offered 30 percent special discount on late night flights (between 0000 to 0600 hrs).A spokesman of the national flag carrier said here on Monday that this 30 percent discount on late night flights would be on selected domestic routes between Karachi-Lahore, Karachi-Islamabad, Karachi-Multan and Karachi-Faisalabad, effective from November 28, 2016.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Industries & Sectors

Meat export industry growing by 30pc LAHORE: The meat export industry in Pakistan is growing at the rate of 30pc and it can further be increased through a better processing process. This was stated by head of Meat and Nutrition Department, University of Veterinary and Animal Sciences (UVAS) Dr Muhammad Hayat in an exclusive talk with APP here on Sunday. He said that despite top beef exporting nation in the neighbourhood and big powers of global meat market as competitors, so ...