Monday, April 25th, 2022
CM discuss safe city project
From Our Correspondent PESHAWAR As an important step to make the provincial capital a safe city, the Khyber Pakhtunkhwa government has decided to execute the Peshawar Safe City project in different phases. In the first phase, implementation of this project will start as a pilot project from Hayatabad which will be extended to other areas of the city in the next phases. The decision was made in a high-level meeting held here on Monday with Chief Minister Khyber Pakhtunkhwa Mahmood Khan in the chair. Besides provincial cabinet members Taimur Saleem Jhagra andRead More
Govt facing consequences of poor performance: Mian Zahid
ISLAMABAD, /DNA/ – Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said Prime Minister Shahbaz Sharif should ensure equitable distribution of wealth through comprehensive economic reforms after the agreement with IMF. Comprehensive reforms are necessary as money is flowing out of the pockets of the poor into the coffers of the rich, making the rich richer and richer, he said. Mian Zahid Hussain said that resources should flow from rich to poor soRead More
EU urged to facilitate Pakistan in trade diversification through technology transfer
Karachi, /DNA/ – Pakistan Businesses Forum (PBF) urged that the European Commission and Pakistan may launch the EU-Pakistan Trade and Technology Council to allow both partners to tackle challenges at the nexus of trade, trusted technology and security, and thus deepen cooperation in these fields between the EU and Pakistan. Talking to delegation of the business community on Monday, PBF Vice President, Ahmad Jawad said Europe is Pakistan’s second most important trading partner, accounting for 14.3% of Pakistan’s total trade in 2020 and absorbing 28% of Pakistan’s total exports.Commerce Division mayRead More
Pakistan deplores India’s public notice on pursuance of higher education
ISLAMABAD, APR 25 /DNA/ – Pakistan strongly deplores the so-called “Public Notice” issued by the University Grants Commission of India and the All India Council for Technical Education, advising students not to seek higher education in Pakistan and warning them of being denied employment in case they choose to do so. The tone of the “Public Notice” is not only threatening towards the students it also reeks of tyrannical authoritarianism. It is regrettable that driven by its incurable obsession with Pakistan, the Government of India is unabashedly coercing the studentsRead More
ICCI urges Government not to withdraw industrial amnesty scheme
ISLAMABAD, APR 25 /DNA/ – Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) has shown great concerns over the government intentions to consider withdrawing the tax amnesty scheme for industrial sector under the IMF pressure and termed it a disappointing move as it would hurt the industrial growth in the country and shake the confidence of investor who wanted to invest in Pakistan under this scheme. He urged that the government should reconsider its intention and not to withdraw the tax amnesty scheme for the industrial sector asRead More
Daewoo Gas signs contract with Chinese company for offshore LNG terminal
ISLAMABAD, Apr. 25 (DNA): Daewoo Gas has signed a Master Engineering Procurement Construction and Finance (EPCF) contract with China National Chemical Engineering Construction Company (CNCEC) under which CNCEC would design, construct and finance an offshore LNG terminal. According to a Gwadar Pro’s report, the terminal would be complete with topside equipment to enable LNG filling into ISO containers for use in Pakistan. The specialized LNG containers will be moved by trucks all over Pakistan where LNG will be re-gasified at client sites. According to a statement from Daewoo, “At itsRead More