Karachi In a remarkable show of solidarity, the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) – the apex body – and the Korangi Association of Trade & Industry (KATI) have joined hands to make Karachi a business & industry-friendly city again through raising a collective, articulate voice; collaboration in research & development and approaching policy-making forums under the…
Read MoreMonth: January 2024
Balochistan’s forests under threat
Balochistan faces a significant environmental threat as its ancient forests transform due to human greed. The province boasts numerous renowned historic forests, including wild olive trees in the mountainous regions. The mild climate supports the growth of valuable trees, such as wild olives, juniper, and palos, offering various benefits. The oils extracted from these trees serve both culinary and medicinal…
Read MoreCapital’s 49 polluting brick kilns turned into zigzag technology
ISLAMABAD: As many as 49 of the total 63 conventional brick kilns located within the federal capital territory, which were mainly responsible for air pollution, have been converted into zigzag technology, said a senior climate change ministry official. “This will help mitigate air pollution woes in the capital and surrounding areas.” He said four traditional brick kilns had been dismantled…
Read MoreTRAINING ON PV SYSTEM DESIGNING THROUGH PV Syst SOFTWARE COMPLETED by ETRC SPONSORED BY GIZ Pakistan.
The training on Solar PV System Designing through Solar PV syst under the GIZ- REEE-II Project “Upgradation of Technical Skills” for 75 persons from AEDB approved companies finished on 04 January 2024. The training was provided in three batches each of 25 persons and the first two sessions were held at ETRC Lahore, and third session was held at PPIB…
Read MoreTürkiye can help Libya use its potential in energy: Minister
Libya is important not only for Türkiye but also for global markets, Bayraktar said in a speech he delivered at the Energy and Economy Summit held in Tripoli on the weekend. The epidemics and wars in recent years have caused disruptions in the global energy markets, the minister stressed, adding that cooperation in the field of energy is needed. Securing…
Read MoreOil edges up as investors eye Mideast developments
SINGAPORE, Jan 15 (Reuters) – Oil prices edged up on Monday as traders watched for supply disruption risks in the Middle East following strikes by U.S. and British forces to stop Houthi militia in Yemen from attacking ships in the Red Sea. Brent crude futures were up 13 cents, or 0.2%, to $78.42 a barrel by 0405 GMT after settling…
Read MorePrivate sector’s participation: Privatisation ministry, Power Div lock horns over Discos’ operations
ISLAMABAD: Ministry of Privatisation and Power Division have reportedly locked horns on proposed plan of private sector participation in operation of Discos through long-term concessions leading to their eventual privatisation, well informed sources in Privatisation Commission told Business Recorder. Power Division, sources said, has prepared a new proposal for the Cabinet Committee on Energy (CCoE) with respect to Discos’ fate, after…
Read MoreIran serves new notice on Pakistan for delay in IP gas line project
Pakistan received the latest notice almost 10 days ago, top government officials told The News ISLAMABAD: Iran has issued a third notice to Islamabad, renewing its intention to move the arbitration court for not laying the pipeline as part of the IP gas line project. The project has been facing delays since 2014. Pakistan received the latest notice almost 10…
Read MoreGohar Ejaz at FPCCI10,000 Acres Industrial Zone Announced for Karachi
Karachi Atif Ikram Sheikh, President FPCCI, has apprised that Dr. Gohar Ejaz, Federal Caretaker Minister for Commerce & Industries, has announced a new industrial zone of a whopping 10,000 acres for Karachi; which will be aligned with international standards during his maiden visit to FPPCI – the apex body of trade and industry of Pakistan. He added that the minister…
Read MoreINDUSTRIES AT VERGE OF CLOSURECaretaker setup made highest hike of 191 percent in Industrial Gas tariff: President KCCI
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Sheikh has said that the caretaker setup has surpassed the elected Governments in terms of raising industrial gas tariff which has been raised by 118 percent since August 2023 from Rs1100 per MMBtu to Rs 2400 per MMBtu whereas further 40 percent addition of RLNG cost has taken gas…
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