Sindh govt soon to launch E-commerce platforms for rural female artisans: Women Development Minister Shaheena Sher Ali Karachi The Sindh government’s Women Development Department will soon launch an E-commerce website and smartphone application to enable craftswomen and female artisans from rural and deprived areas of the province to connect with prospective buyers in the international market.Sindh Women Development Minister Shaheena…
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Ali Pervaiz Malik, formerly a junior finance minister, will now lead the petroleum ministry, with a key task of overseeing a major transaction in the Reko Diq copper and gold project.¹ This project is a significant undertaking, with Barrick Gold, which owns 50% of the project, working with railway authorities to revamp Port Qasim’s coal terminal for copper transport. Meanwhile,…
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PAGE Foundation is proud to collaborate with PARCO Gunvor Limited (formerly Total PARCO Pakistan Ltd.) in advancing girls’ education and educational equity across Pakistan. Through mentorship, capacity building, and impactful initiatives focused on road safety and environmental stewardship, this partnership aims to create a meaningful, lasting impact on the lives of young girls. On International Women’s Day, PAGE Foundation marked…
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The government has proposed a significant cut in the rate at which electricity is purchased from net metering users, from Rs27 per unit to Rs10 per unit, a reduction of Rs17 per unit.¹ This proposal was shared during ongoing talks with an International Monetary Fund (IMF) mission. The net metering system allows consumers who generate their own electricity, typically through…
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Amid ongoing economic and political uncertainty, Pakistan finds itself at a crossroads—struggling to navigate its 25th IMF program while confronting deep-rooted structural challenges. While IMF programs provide short-term stabilization, they fail to address the real cause of Pakistan’s deepening insolvency—our lack of productivity and innovation to drive export-led growth. Instead of making the economy more competitive, these programs lead to…
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Karachi (Mar 07, 2025): National Bank of Pakistan commemorated International Women’s Day by inviting Dr. Shehla Najeeb Sidiki, Dean of Faculty of Liberal Arts and Human Sciences Ziauddin University, Karachi and Muqaddas Abdul Rasheed, a young football player from Lyari to a session at NBP Head Office, Karachi. The session was attended by female staff of the Bank, including many…
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EU Report KARACHI: Committed to fostering creativity, innovation, and localisation in the energy sector, K-Electric has launched Energy Progress & Innovation Challenge (EPIC) 2025. Building on the resounding success of its pioneering 7/11+ Innovation Challenge introduced in 2022, EPIC will unite entrepreneurs, academia, researchers, and think tanks to develop cutting-edge solutions for the energy industry. Innovators may address K-Electric’s predefined…
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EU Report ISLAMABAD: The National Power Control Centre (NPCC) has warned that hydel generation this summer will be lower than last year due to reduced water and snow availability, leading to increased reliance on expensive RLNG-fired electricity. This information was shared by an NPCC representative during a public hearing at NEPRA regarding the negative Fuel Charges Adjustment (FCA) request submitted…
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The present Pakistan Muslim League (Nawaz)-led federal government during its first year in power has been able to reduce the average electricity rate for consumers in Pakistan by Rs4.96 per Kwh. The Power Minister, Awais Ahmed Khan Leghari, disclosed this in his presentation before the recently convened special meeting of the federal cabinet to review the one-year performance of the…
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KarachiMusadik Malik’s removal as Petroleum Minister and replacement by Ali Pervaiz Malik was reported by Energy Update two months ago.¹ At the time, Musadik Malik denied rumors of his portfolio change during a meeting with EnergyUpdate. However, his unsatisfactory performance and numerous complaints from the oil and gas industry ultimately led to his removal by the Prime Minister. Before his…
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