Every time a new government takes control of our country, it starts to reinvent the wheel, always with new zeal and zest. It vows to revolutionize the country in a matter of months, not years, with slogans like (in no particular order) “turn around Pakistan”, ‘make Pakistan an Asian tiger”, “a job paradise for foreigners”, and the list goes on ad…
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SSGC’s Chairperson Dr Shamshad Akhtar has inaugurated a new assembly line for measuring units of G-4 Gallus residential gas meters. The gas utility’s Meter Manufacturing Plant (MMP) is South East Asia’s only one of its kind located inside the head office compound. SSGC’s MMP started its production in 1975 with the prime objective of fulfilling domestic gas meters’ requirements of…
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Pakistan Businesses Forum (PBF) has demanded from the Power Division to notify the revised tariff of Rs 13 per unit on tube wells in the preview of recent announced Prime Minister Agriculture package, adding yet notification in this regard has not been issued and relief is not being passed towards the farmers from the Discos PBF Vice President/ CEO Ahmad…
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The counsel for the Balochistan government on Tuesday informed a five-judge Supreme Court bench, headed by Chief Justice Umar Ata Bandial, that the presidential reference regarding the Reko Diq agreement was maintainable because it was a matter of public interest. Lawyer Salahudin Ahmed also informed the bench that despite elaborating dire consequences, a three-judge bench of the apex court led…
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History traced back 2000 years ago shows Pakistani and Chinese scholars, monks and businessmen followed the ancient Silk Road and crossed Karakoram Mountains to carry out cultural exchanges and trade. Pakistan is one of the first countries to participate in the Belt and Road Initiative. CPEC, a landmark project of “BRI”, has gradually shown practical results in Pakistan in the…
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Germany is putting in place emergency measures in case of blackouts this winter, Reuters has reported, citing several unnamed sources familiar with the preparations. One of the measures involves the central bank of Germany hoarding billions of euros in case of a run on banks. The possibility of putting limits on bank withdrawals is also among the options. Priority access…
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Life has taken an incredible turn for 24-year-old Qais Qadeer when he, as a scholarship student a few years ago, joined China Three Gorges Corporation, a Chinese company constructing a hydropower plant on Pakistan’s river Jehlum. Now working as an operation engineer at the Karot hydropower project in the country’s eastern Punjab province, Qadeer told Xinhua that he is living…
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Private Power & Infrastructure Board (PPIB) is reportedly in trouble after an arbitration award by Multilateral Investment Guarantee Agency (MIGA) in M/s Star Hydro Power case, in light of a document signed in 1986 by the then Economic Affairs Minister, well informed sources in PPIB told Business Recorder. Finance Division, sources said, has shared a letter which indicates a briefing note…
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Pakistan has become the canary in the mine of climate change in 2022. The flood that destroyed a third of the country this year came from the sky, not overflowing rivers. An area larger than many European countries has been turned into a flooded lake, many meters deep. The disaster was an undeniable consequence of global warming. “Pakistan has flooded…
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