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Last update: Mon, 08 Feb 2016 02am

Industries & Sectors

Pakistan - Industries & Sectors

3G, 4G subscribers reach 23.65mn ISLAMABAD: The number of 3G and 4G subscribers in the country have reached 23.65 million by December, 2015 as compared to 21.68 million by November 2015, showing a reasonable growth in modern mobile broadband services with each passing month.The operators, providing mobile broadband services, have collectively added around two million users during one month.As per recently issued Telecom Indicators by Pakistan Telecommunication Authorities (PTA), among the mobile phone companies, Mobilink stood first with 7.24 million 3G subscribers till December 2015, China Mobile (Zong) 4.75 million 3G users and 0.282 million 4G users, Telenor with 6.37 million users, Ufone 4.3 million users and Warid possessed 0.214 million 4G LTE subscribers base.Experts of telecom industry were having a viewpoint that portable mobile broadband devices like MiFi and Wingles are one of the main reasons of this growth in 3G/4G subscribers and many more will follow this trend in upcoming days.Meanwhile, after successful ...

Pakistan - Industries & Sectors

Sahiwal coal power project to start production by end of 2017 ISLAMABAD: Secretary Water and Power Younas Dhaga has said that coal fueled 1320 MW power project in Sahiwal would start producing energy by the end of 2017.Talking to a private news channel, he said this was one of the mega energy projects which would be conducive in resolving energy crisis in the country.He said the present government was setting new traditions by completing mega development projects speedily. On his visit to Sahiwal Prime Minister Muhammad ...

Pakistan - Industries & Sectors

PR steadily going back on track prosperity ISLAMABAD: The induction of new locomotives, renovation and refurbishing of out of order engines and launching of cargo trains revolutionized the Pakistan Railways (PR).Official sources in the Ministry of Railways told APP here Wednesday that the decades of mismanagement, bad governance, corruption and lack of committment had ruined the Railways. The positive steps not only arrested the deterioration but helped improve the efficiency of the Railways as well as enhanced the image of the national ...

Pakistan - Industries & Sectors

Halal food & lifestyle market to reach $3.7trn by 2019 ISLAMABAD: Worldwide spending on global Halal food and lifestyle products could rise 10.8% a year until 2019 to create an international industry worth $3.7 trillion, according to the latest Global Islamic Economy Report.Commissioned by the Government of Dubai and produced by ThomsonReuters in collaboration with strategy and research advisory firm DinarStandard, the report says the past year has seen major advancements in the global Halal food and lifestyle sectors, Saudi Gazette reported.These include investments by ...

Pakistan - Industries & Sectors

Power sector's recoveries touches to 93.40pc ISLAMABAD: The recoveries of power sector touched to record 93.40 per cent resulting additional income of Rs. 61 billion to the national exchequer during 2015.Official sources told APP here Tuesday that better performance and prudent decisions have brought the much needed stability in the power sector.He said recoveries witnessed 4.80 percent increased as compared to the previous year where recoveries remained 88.60 percent.Besides achieving upward trend in recoveries, the line losses were reduced to 18 ...

Pakistan - Industries & Sectors

Cellular mobile subscription shows upward trend, reaches 125.899mn ISLAMABAD: The cellular mobile subscribers base in the country after Biometrics Verification is showing upward trend and reached 125.899 million at end of December 2015.The subscribers base was 124.24 million by November last year and during one month period five mobile phone operators added a combined user base of 1.65 million customers.The latest data released by Pakistan Telecommunication Authority (PTA) on Tuesday revealed Mobilink is leading the charts with 36.21 million customers while Telenor is ...

Pakistan - Industries & Sectors

Pakistan Railways to earn Rs12bn from freight trains ISLAMABAD: Pakistan Railways would generate more than Rs12 billion revenue through freight trains during the current financial year.The organization was hoping to cross the set revenue generation targets in freight sector this year, an official in the Ministry of Railways told APP."Fast Cargo" train would also run between Karachi to Rawalpindi to help generating more revenue, he added."Pakistan Railways had allocated around 85 to 90 locomotives for freight trains," the official added.He said that 55 ...