USD 50 million investment announced by CCI Pakistan for 7th Production Plant in meeting with PM

Karachi: A delegation of Coca-Cola Beverages Pakistan Limited (CCI Pakistan), GM Ahmet Kursad Ertin met with the Prime Minister of Pakistan and announced an investment of USD 50 million for a Greenfield project the company plans to set up in Haripur district, Khyber Pakhtunkhwa (KP). This will be CCI’s 7th production facility in the country. …

Govt has announced a national agriculture emergency program which is a welcoming step: Waheed Ahmed

Karachi: The Federal Government has announced the budget stating that it would support the farmers by providing pesticides, fertilizers and agricultural machinery with a view to modernize and uplift the agriculture sector. All Pakistan Fruit and Vegetable exporters importers and merchant association Patron-In-Chief Waheed Ahmed said in his statement that the GoP has acknowledged that …

NEPRA takes action on nationwide power outages

The national power regulator has stepped in as tempers flared across the country over protracted power disruptions in hot conditions, despite official promises of surplus electricity. Previously, the country’s persistent power problem provoked summer protests – sometimes with deadly repercussions – but the existing administration claims to have resolved the shortages by establishing many power …

IATA announced a ‘Travel Pass’ app set to go live

Following a testing phase, the chief of global airline organisation IATA announced on Thursday that a digital travel pass for Covid-19 test results and vaccination certificates will go live in the coming weeks. According to the International Air Transport Association, the ‘Travel Pass’ app will be available in a matter of weeks. However, IATA claims …

COAS guarantees the business community of the full support

According to an official statement published by Inter Services Public Relations, Chief of Army Staff (COAS) General Qamar Javed Bajwa on Wednesday commended the contribution of the business sector in Pakistan’s economic development and reiterated the army’s full support (ISPR). Members of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) met with the …

President Biden plans to ban TikTok and WeChat

President Joe Biden rescinded executive orders issued by his predecessor, Donald Trump, that sought to bar Chinese-owned smartphone apps TikTok and WeChat due to national security fears sources said. Instead of banning the popular apps, the Biden administration would conduct a “criteria-based decision process and rigorous, evidence-based study to address the vulnerabilities” posed by internet …

BTS comparison is a compliment, Alizeh Shah

Alizeh Shah, a TikTok sensation, recently shaved off her lengthy locks in favour of a short and entertaining hairstyle. Trolls were ready to lob harsh remarks at the actor as soon as she posted her picture on Instagram to show off her new hair, as expected. An Instagram user linked Alizeh’s new style to members …

Hamid Mir issues an apology for his outburst

Hamid Mir, a prominent TV presenter and journalist, apologised on Wednesday for his contentious remarks on the Pakistan Army during a protest outside the National Press Club (NPC) in Islamabad. The journalist stated that protests outside the NPC on May 28 were against attacks on journalists in a joint statement issued by the committee formed …

Pakistan to receive loan from IMF to retire debts in FY22

Islamabad: In the coming fiscal year, the government intends to borrow roughly $16 billion in gross foreign loans to cover maturing external public debt and finance the budget deficit. According to Ministry of Finance sources, the expected $15.7 billion borrowings in fiscal year 2021-22 are roughly 10% higher than this year’s revised estimates of foreign …

Bezos and other US rich pay no income tax, ProPublica leaks report

International media has been revealed details claiming to reveal how little income tax US wealthy pay including Jeff Bezos. According to ProPublica, it has recorded the tax returns of some of the uber-rich people in US including Jeff Bezos who paid no tax back in 2007 while, Elon Musk who paid not a single penny …

Moonis Alvi expressed gratitude to Hammad Azhar’s intervention in power situation of Karachi

Karachi: KE CEO Mr. Moonis Alvi expressed sincere gratitude to Minister for Energy, Hammad Azhar, for his vision & commitment to people of Karachi and especially for timely and kind intervention to address power situation challenges in the city. The Minister also acknowledged prompt payment by KE for additional power. The Minister was apprised by …

SAPM Malik Amin Aslam Inaugurated Reverse Vending Machine for plastic recycling in Pakistan

Islamabad: In the presence of Mr. Malik Amin Aslam, Prime Minister’s special assistant on Climate Change unveiled a first of its kind Reverse Vending Machine (RVM) for plastics at the Jinnah Super Market, Islamabad. The machine makes it convenient and rewarding for people to recycle on the go. Plastic bottles of any brand can use …

KATI praises the appointment of Mahmood Maulvi as Special Assistant for Maritime Affairs

Karachi: Patron-in-Chief Korangi Association of Trade & Industry (KATI) SM Muneer and President Saleem-uz-Zaman praises the appointment of Senior Vice President of Pakistan Tehreek-e-Insaf (PTI) the Karachi Division, Mehmood Moulvi as Special Assistant to Prime Minister Imran Khan on Maritime Affairs. Welcoming the move, they said that Mehmood Moulvi is a beloved personality of the industrial …

PM’s youth employment program will help eradicate unemployment, KATI

Karachi: Korangi Association of Trade and Industry (KATI) Patron-in-Chief SM Muneer and President Saleem-uz-Zaman welcomed the announcement of Prime Minister Imran Khan’s youth employment program, saying it was an important initiative in reducing unemployment in the country. SM Muneer said that due to Corona epidemic, global unemployment including Pakistan has increased. However, timely measures taken …

KE remains committed to industries, rejects exaggerated claims issued in Press

Karachi – Taha Dilam: Recognizing Karachi’s industries as the backbone of the nation’s economy, KE reiterated its commitment to the prosperity of the city and assured its customers that it is working untiringly towards the vision of a thriving metropolis. This commitment is underpinned by the investment of over PKR 375 billion since the company’s …

Murtaza Wahab inaugurates COVID19 Vaccination Center in FBATI

Karachi: Spokesperson of Sindh Government and Advisor for Law, Environment & Coastal Development Barrister Murtaza Wahab has said that everyone should cooperate with the government to stop the spread of corona virus as it is not possible to control the corona virus without the cooperation of the people. He expressed these views while addressing the …

Pakistan Tea Association demands tax relief in custom duties

Islamabad: Delegation of Pakistan Tea Association led by Chairman Aman Paracha meets Prime Minister’s Advisor on Commerce and Trade Abdul Razzak Dawood in Islamabad with the patronage of FPCCI. Chairman Tea Association Aman Paracha highlighted various ambiguities & anomalies in the Custom duties during the meeting. He further added that if these anomalies get eliminated …

PLGMEA is not part of FPCCI advertisement, Chairman Danish Khan

Karachi: Chairman Pakistan Leather Garments Manufacturers and Exporters Association (PLGMIA) Danish Khan has strongly condemned the FPCCI advertisement. He said that FPCCI used the name in the advertisement published in the newspapers yesterday without the permission and consent of PLGMEA, which he denied. PLGMEA has nothing to do with the advertisement and no such opinion. …

No pressure on accountability will be accepted, PM

KARACHI: The meeting of the core committee chaired by Prime Minister Imran Khan ended. According to sources, discussions and accountability were discussed with Jahangir Tareen Group. PM Imran Khan made it clear that no pressure would be accepted on matters of accountability. During the meeting the growth to 4%, remittances and foreign exchange reserves were …

Government of Pakistan Ministry of Information Technology and Telecommunication

Islamabad: Federal Minister for Information Technology and Telecommunication Syed Amin ul Haque has said that, Digital and Information communication technology is a beacon of hope & progress, enabling billions of people around the world to connect & interact. In his Important Statement on World Telecommunication and Information Society Day, the Minister said that, Today, the …

Governor Sindh Visits K-Electric’s BQPS-III Power Plant, Reviews Swift Progress of Unit One

Karachi: Governor Sindh Imran Ismail visited K-Electric’s Bin Qasim Power Station-III (BQPS-III) project to review the progress on the latest addition to Karachi’s power network. The visit followed a meeting between KE’s Senior Leadership and the Governor Sindh where KE presented an update on the company’s preparedness for Ramadan and the 2021 summer season. BQPS-III is …

Prince Charles to confront Son about claims against him

Following the apparent burial of the hatched by Prince Harry and Prince William, Prince Charles is now said to be in contact with his estranged son. According to sources, the Prince of Wales intends to confront the Duke of Sussex privately after their “trip across Windsor,” where they will discuss the accusations made by him …

Backchannel talks between India, Pakistan: Indian media

The Indian media has started rumors of backchannel negotiations between India and Pakistan, as both nuclear-armed neighbors’ foreign ministers will be in the UAE today (Sunday). On Saturday, Foreign Minister, Shah Mehmood Qureshi arrived in the UAE and will meet with his counterpart Sheikh Abdullah bin Zayed Al Nahyan and other UAE dignitaries. S Jaishankar, …

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