Pakistan Friday called for boosting progress towards achievement of a United Nations Sustainable Development Goal (SDG) that calls for ensuring access to affordable energy worldwide. Speaking at a “High-Level Dialogue on Energy 2021”, convened by the UN Secretary-General to build a global roadmap towards the achievement of SDG No.7 by 2030 and net zero emissions by 2050, Foreign Minister Shah Mahmood Qureshi said Pakistan attaches high priority to the achievement of the SDG-7. Pakistan’s policy objectives, he told the meeting, centered on universal access to energy, doubling the share of…
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NTDC probe team says access to record being denied
Although the team, constituted by the company’s top management around two months ago, was supposed to complete the inquiry by Aug 20, it was unable to do so owing to the non-provision of record and resistance from various officers, Dawn has learnt. “A mafia has been ruling the country’s premier power transmission and despatch agency (NTDC) for the last three years. The mafia has become very powerful, as it is not only protecting the corrupt officials, but also interfering in day-to-day affairs of the company. That is why this important…
Read MoreSectoral policies: start with deregulation
The government is in the process of developing policies for selected sectors such as refineries and automobiles. Having well defined policies in any sector is the right approach to give right signal to investors, allowing government to seek investment in desired areas. However, policy formulation is becoming weak in Pakistan, as modus operandi is extremely ad-hoc. Discussions take place with industry players who present their wish-list, which is then tweaked a little bit. And out comes the policy. That is not the right approach. Government’s intentions may be well placed,…
Read MoreGovt Should Establish Shipping Rates Advisory Board
Karachi Mian Nasser Hyatt Maggo, President FPCCI, has proposed to Ministry of Maritime Affairs, Ministry of Commerce and Customs to work together with Pakistan Shippers’ Council (PSC) of FPCCI to help protect the shippers and freight forwarders of the country from historically and unprecedentedly high shipping and freight charges; coupled with unavailability of shipping containers and container ships. He said that the current situation is the result of extremely challenging times for shipping and logistics over the past two years due to COVID-19 and lack of adequate government support mechanism.…
Read MoreAdil Farhat Appointed CEO of P&G Pakistan
P&G Pakistan today announced appointment of Adil Farhat as its new Chief Executive Officer effective October 1. Adil is an experienced business leader who has worked in senior roles across Middle East, Europe, Africa for over two decades with P&G. Most recently, Adil was Managing Director of P&G West Africa, based out of Lagos. Prior to that, he has led businesses across several categories and channels based out of Geneva, Jeddah & Dubai offices. Speaking at the occasion, Adil said, “P&G Pakistan has grown from strength to strength in the…
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