There are few things that can put a dampener on the cement industry’s very ceremonious year so far and what does seem as one of the many prosperous years to come. Cement companies should be very happy with themselves. Despite the dark clouds of Covid-19, the sector—bolstered by government policies—has sold more cement than ever before and still has 16…
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THE China-Pakistan Economic Corridor (CPEC) has now brightened the chances of regional connectivity especially with Central Asian States. It has become an engine of growth. It has become an essential fuel of energy generation in which hydropower has outperformed other sources of energy.https://googleads.g.doubleclick.net/pagead/ads?client=ca-pub-3324216479772415&output=html&h=60&slotname=1758957544&adk=1226786057&adf=2643393648&pi=t.ma~as.1758957544&w=468&lmt=1622656044&psa=1&format=468×60&url=https%3A%2F%2Fpakobserver.net%2Fcpec-corridor-of-knowledge-by-zulkafil-h-khan%2F&flash=0&wgl=1&uach=WyJXaW5kb3dzIiwiNi4xIiwieDg2IiwiIiwiOTEuMC40NDcyLjc3IixbXV0.&dt=1622656818718&bpp=13&bdt=6148&idt=1444&shv=r20210525&cbv=%2Fr20110914&ptt=9&saldr=aa&abxe=1&cookie=ID%3D2deb3ce0df582199-22c8ffa23aa70026%3AT%3D1617042922%3ART%3D1617042922%3AS%3DALNI_Mbwd2vPoV9H2OpRAYvgq0SostNkLw&prev_fmts=728×90%2C0x0&nras=1&correlator=1157557665382&frm=20&pv=1&ga_vid=367642796.1617042914&ga_sid=1622656820&ga_hid=673744508&ga_fc=0&u_tz=300&u_his=1&u_java=0&u_h=800&u_w=1280&u_ah=756&u_aw=1280&u_cd=24&u_nplug=3&u_nmime=4&adx=183&ady=1262&biw=1264&bih=685&scr_x=0&scr_y=0&eid=42530671%2C31060975&oid=3&pvsid=3396830579704454&pem=349&eae=0&fc=896&brdim=0%2C0%2C0%2C0%2C1280%2C0%2C1280%2C756%2C1280%2C685&vis=1&rsz=%7C%7CoeEbr%7C&abl=CS&pfx=0&fu=0&bc=31&ifi=2&uci=a!2&btvi=1&fsb=1&xpc=slsPI6jqhL&p=https%3A//pakobserver.net&dtd=1475 It has become an instrument for massive industrialization. Last but not the least, it has accelerated the…
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Federal Minister for Finance and Revenue, Shaukat Fayyaz Ahmed Tarin, on Tuesday, said that government would increase the GDP growth to 6-7 per cent in next couple of years to make Pakistan a regionally competitive economy. He chaired the second meeting of the Economic Advisory Council (EAC) at the Finance Division. The finance minister welcomed the participants and highlighted the…
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The Economic Advisory Council (EAC) on Monday agreed to keep the focus of coming budget on agriculture, export diversification, higher subsidy allocations and to extend construction sector tax amnesty until December 31 to maintain the growth momentum. The second meeting of the EAC presided over by Finance Minister Shaukat Tarin deliberated upon six out of 12 expert groups. The minister…
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Chairman, National Electric Power Regulatory Authority (NEPRA), Mr Tauseef H Farooqi, has said that the Renewable Energy (RE) portfolio of Pakistan can be improved by including Hydro power generation in renewable energy mix. He said this during the public private dialogue ‘Prospects of clean energy transition along the coastal areas of Karachi: Key challenges, development strategies, and the way forward,’…
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Petroleum prices are not making much news these days. For one, it has now become a 15-day affair and that takes some sheen off. But more importantly, it is getting boring for the news channels’ DSNGs to queue up at petrol stations midnight only for the prices to be maintained or decreased. It has been six months and counting since…
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The government has decided not to extend guarantees for offtake of POL products from the new refineries. And more importantly the government will also not provide the guaranteed rate of return on the equity and will not ensure internal rate of return as well. The refineries, however, would be free to market their products through their own or other marketing…
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Karachi: National Forum for Environment and Health will organize Seminar on World Environment Day 2021 to on June 03.The title of the seminar is “Restore Ecosystem”. The event will be organizing with collaboration of United Nations Environmental Programme and NED University.President NFEH M. Naeem Qureshi said that This will be the first time in history that Pakistan will be officially…
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Saying that AJK is famous for its beautiful green forests and moderate climate, the president emphasised, “We will have to protect our forests in order to keep our region attractive and captivating to promote tourism and save the future of coming generations by maintaining the ecological balance.” Khan highlighted that forests are not only important to maintain the climate and…
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A planned 1100-kilometre pipeline is intended to transport imported regasified natural gas from a liquefied natural gas terminal in Port Qasim near Karachi to Kasur in Punjab province. The new protocol introduces recent changes to the project, agreed by the two countries, to reduce Russia’s controlling stake in the project to 26% and pass operatorship into local hands. The Russian…
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