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Day: August 15, 2024

KCCI worried over delays in restoration of internet speed, social media apps

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social-media

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while expressing deep concerns over slow internet connectivity and the subsequent faults as well as limited access to social media applications, stated that although it was assured that the internet connectivity would normalize upon installation of safety firewall but the issue persists which has resulted in terribly affecting…

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SNGPL, LCCI, and NESPAK Celebrate Pakistan’s 77th Independence Day with Patriotic Ceremonies

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SSGC-SNGPL

LAHORE: Sui Northern Gas Pipelines Limited (SNGPL), the Lahore Chamber of Commerce & Industry (LCCI), and NESPAK commemorated Pakistan’s 77th Independence Day with patriotic fervor through various ceremonies held in Lahore. At SNGPL Head Office, a flag hoisting ceremony was led by Managing Director (MD) Amer Tufail, who urged employees to work unitedly for the betterment of the country and…

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Power Sector Urges Implementation of 2020 IPP Report’s Recommendations

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Power-sector

LAHORE: Experts in Pakistan’s power sector are calling for urgent transparency and accountability by enforcing the recommendations of the 2020 Report on Independent Power Producers (IPPs). This report, released in March 2020, exposed significant irregularities, including excess payments of over Rs 100 billion to IPPs. Despite recommendations for a forensic audit and recovery of these excess payments, no substantial actions…

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Solis Tops Global Rankings in Residential PV String Inverters

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Solis-Tops

LAHORE: Solis (Ginlong Technologies), a leading name in solar inverter technology, has achieved the #1 ranking in global residential inverter shipments, according to the latest market share report by Wood Mackenzie. This marks a significant milestone for Solis, which previously held the position of the world’s third-largest PV inverter manufacturer across all segments for three consecutive years. This achievement underscores…

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WAPDA House Celebrates Independence Day with Flag Hoisting Ceremony

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WAPDA-House

LAHORE: To mark Pakistan’s Independence Day with patriotic zeal, a flag hoisting ceremony was held at WAPDA House in Lahore. The ceremony was led by WAPDA Member (Finance) Naveed Asghar Chaudhry and Member (Power) Jamil Akhtar, who together raised the National Flag at the WAPDA Auditorium. The event commenced with the students from WAPDA Girls Higher Secondary School Chashma, who…

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Circular Debt: A Major Threat to Pakistan’s Economic Stability, Warns Mazhar Ali Nasir

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Mazhar-Ali

KARACHI : Syed Mazhar Ali Nasir, a central leader of the United Business Group and former Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has raised serious concerns about Pakistan’s growing circular debt, labeling it as one of the most pressing challenges facing the economy. Speaking on the occasion of Pakistan’s Independence Day, Nasir…

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PM Shehbaz Vows Major Reduction in Power Tariffs

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Shahbaz-Sharif

Urges Youth to Focus on Skills, Warns Against Anti-State Activities ISLAMABAD: In a message marking Pakistan’s 78th Independence Day, Prime Minister Shehbaz Sharif announced plans for a significant reduction in electricity tariffs, aiming to alleviate the financial burden on citizens and boost the nation’s industry, agriculture, and exports. Addressing a ceremony in Islamabad, PM Shehbaz acknowledged that rising electricity bills…

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