06252016Sat
Last update: Sat, 25 Jun 2016 10am

Industries & Sectors

Pakistan - Industries & Sectors

Wapda allows KWSB to lift 25 MDG from Hub dam to meet water requirements KARACHI: Sindh Chief Minister Syed Qaim Ali Shah taking his personal efforts has allowed Water board to lift 25 MGD water from Hub Dam which is at dead level so that water shortage of Karachi could be addressed. "This lifting would continue for next 25 days."This was disclosed in a meeting held here under the chairmanship of Sindh CM to discuss water issues of the city, said a staetment on Wednesday.The meeting was attended by Chief Secretary Siddique Memon, Principal Secretary Alamuddin Bullo, Commissioner Karachi Aijaz Ali Khan, Secretary Local Government Baqaullah Unar, all deputy commissioners and administrators of DMCs.Deputy Commissioner South Saleem Rajput said that free tanker services was going on in water-short areas like Shireen Jinnah Colony, Machhar Colony, different parts of Lyari and some other areas.He added that the through Commissioner Rs 10 million have been provided for development works which have been started.He said that there ...

Pakistan - Industries & Sectors

Khaqan Abbasi meets Tajik counterpart ISLAMABAD: Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi held a meeting with his Tajik counterpart Usmanoli Uzmonzada here on Wednesday.During the meeting, both the ministers discussed issues of mutual interest and vowed for increased cooperation in the field of energy, said a press release.The meeting was also attended by Tajik Ambassador to Pakistan Jananov Sherali, Minister of State for Petroleum and Natural Resources Jam Kamal Khan, Secretary Arshad Mirza and senior officials ...

Pakistan - Industries & Sectors

PIA to introduce new menu for in-flight meals KARACHI: The Pakistan International Airlines (PIA) would introduce new menu for the in-flight meals from July 1.This was stated by the spokesman of the national flag carrier here on Wednesday.He said that the Chief Executive Officer (CEO) of PIA, Bernd Hildenbrand, visited the airline's flight kitchen last evening and was given a presentation on the new domestic and international flight menus for both Economy and Business Classes which PIA is going to introduce from the ...

Pakistan - Industries & Sectors

Telenor Pakistan announces Irfan Wahab Khan as new CEO KARACHI: Telenor Group has appointed Irfan Wahab Khan as Chief Executive Officer (CEO) of Telenor Pakistan.An announcement here on Tuesday said that the current CEO of Telenor Pakistan, Michael Foley, will join the Telenor Bulgaria on the same position and continue as Chairman of the Board of Directors of Tameer Microfinance Bank in Pakistan.It said that both Foley and Khan will be members of the Group Executive Management team. The new appointments will be effective ...

Pakistan - Industries & Sectors

Rs 65 billion earmarked for education sector development LAHORE: Punjab Government has earmarked an amount of Rs 64,970 million for the development of school and higher education sectors in the budget 2016-17.According to the budget documents, Rs 47,760 million have been allocated for School Education and Rs 17,218 million for Higher Education.In addition to that, Rs 962 million have been allocated for Special Education and Rs 1,883 million for Literacy and Non Formal Basic Education Department.The Punjab government also allocated a sum of ...

Pakistan - Industries & Sectors

No unannounced load shedding in city, claims KE KARACHI: K-Electric in a statement here on Monday maintained that the utility provider was not carrying out unannounced load shed in any part of the city and supply to all parts of the city is as per routine.It further added that some small pockets in the city, spread over 6,500 square kms, experience disruption in supply due to localized faults and these isolated incidents should not be confused with `load shed'.K-Electric's spokesperson has reiterated that ...

Pakistan - Industries & Sectors

PEW criticises Textile Sector's demand of devaluation of currency ISLAMABAD: The Pakistan Economy Watch (PEW) has criticized textile sector for demanding devaluation of local currency to boost exports.Criticising the demand the PEW said, "Eroded rupee will make imports costly which are double than exports and hit every person in Pakistan".The government has accorded zero-rating status to the textile sector in the budget, reduced export refinance rate by 0.5 percent and promised to pay refunds but the textile millers still asking for more "which is ...