Pakistan’s hope that the growth of LNG imports would relieve energy-induced constraints on economic growth has been dashed by project delays. Instead, it has turned to the IMF for economic help and coal to relieve energy shortages When Pakistan began importing LNG in March 2015, marking its first imports of natural gas in any form, some hoped that the country…
Read MoreDay: February 19, 2020
Jeff Bezos: World’s richest man pledges $10bn to fight climate change
Amazon boss Jeff Bezos has pledged $10bn (£7.7bn) to help fight climate change. The world’s richest man said the money would finance work by scientists, activists and other groups. He said: “I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change.” Writing on his Instagram account,…
Read MorePSO outperforms its peers despite outstanding receivables of Rs 306 bln
February 18, 2020: Pakistan State Oil (PSO), the leading oil marketing company of the country, convened its Board of Management (BoM) meeting to review the performance of the company during the first half of the financial year 2019-20. Despite unfavourable market conditions in the industry and many challenges, PSO remained focused on regaining market share and volumetric growth and outperformed the…
Read MoreNational Medicine Policy to be announced in next two weeks: Dr Zafar
Advisor to the Prime Minister on National Health Dr Zafar Mirza on Wednesday said that the government has already completed work on National Medicine Policy aimed at reforming the pharmaceutical industry of the country which would be announced in next two weeks. Addressing at 5th Pharma Summit organized by the Pakistan Pharmaceutical Manufacturers’ Association (PPMA) here, the Advisor said that besides…
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