01182017Wed
Last update: Wed, 18 Jan 2017 11am

Industries & Sectors

Pakistan - Industries & Sectors

Minister orders for mobile-phone charging facility in trains LAHORE: Pakistan Railways Minister Khawaja Saad Rafique has ordered for provision of mobile-phone charging facility in the trains.According to the PR sources on Thursday, the minister ordered that at least 10 charging points in an economy class coach should be provided.Pakistan Railways will complete its work of repairing of 260 old coaches by June 2017 while mobile-phone charging points has been installed in already repaired 57 coaches on the direction of the PR minister.Also, reconditioned coaches are being converted from 110 volts to 220 volts, which would facilitate passengers and light problem would be solved.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Industries & Sectors

K-Electric's overbilling perturbing poors KARACHI: The overbilling by the K-Electric has perturbed the poors, said the Adviser to the Regional Office of Federal Ombudsman, Muhammad Yamin.He was hearing public complaints at the Camp Office of Deputy Commissioner Malir on Thursday, says a statement.Muhammad Yamin pointed out that most of the complaints pertain to overbilling by the K-Electric.He said that the complaints received at the Ombudsman's office are referred to the departments concerned for redressal and report is also sought.Meanwhile, ...

Pakistan - Industries & Sectors

SNGPL, SSGCL to set up over 60 LPG-air mix plants ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) would set up over 60 Liquefied Petroleum Gas (LPG)-air mix plants in selected areas where natural gas supply does not exist."The Economic Coordination Committee (ECC) has recently approved setting up of LPG-air mix plants at Murree (Kurbagla, Dewal, Company Bagh and Tret), Awaran and Bella," official sources told APP.The sources said the plants would be established at an estimated cost of ...

Pakistan - Industries & Sectors

JCR-VIS places PIML under rating watch-development KARACHI: JCR-VIS Credit Rating Company Limited has placed the management quality rating of `AM3+' (AM-Three Plus) assigned to Primus Investment Management Limited (PIML) under `Rating Watch-Development' status.The decision was taken on account of the public notice issued by PIML on December 14, 2016, highlighting sale of 70% shareholding by Pak Brunci Investment Company Limited to Army Welfare Trust, subject to regulatory approvals.The previous rating action was announced on December 31, 2015, said a press release ...

Pakistan - Industries & Sectors

Pakistan retains ACG Chairmanship beating India KARACHI: Hanif Jakhura (CEO, Central Depository Company of Pakistan Limited) has been re-elected as the Chairman of Executive Committee of Asia Pacific Central Securities Depository Group (ACG) defeating Nageswara Rao (MD, National Securities Depository Limited, India), said an announcement here Thursday.This honor came once again to Pakistan during the 20th Annual General Meeting of Asia Pacific Central Securities Depository Group (ACG) held in Tehran, Iran.The Executive committee of ACG comprises of 8 elite depositories of ...

Pakistan - Industries & Sectors

One-window operation commences at Karachi Driving Licence Branch KARACHI: A one-window operation commenced on Tuesday at the Karachi Driving Licence (DL) Branch in Clifton.The Inspector General of Police (IGP), Sindh, A.D. Khawaja, performed the inauguration.He got his driving licence renewed at the branch by paying his fee and fulfilling the process, a spokesman of the Sindh Police said on Tuesday.The DIG DL, Mazhar Nawaz Shaikh, in his briefing informed that this will help ensure issuance of licences in a shorter period of time.Besides, ...

Pakistan - Industries & Sectors

Pakistan to manufacture KIA vehicles with Iran's collaboration ISLAMABAD: Member of Pakistan Automotive Manufacturers Association (PAMA) Sohail Bashir Rana has said that Pakistan is going to produce KIA vehicles with the collaboration of Iran.In an interview with IRNA, he said that Kia is in talks with Pakistani 'Lucky' Company to restart manufacturing facility in Pakistan.He said Kia cars had been assembled by Pakistan in the past but they stopped production because of some problems.Director Millat Tractors Limited (MTL) said Kia has a very ...