Sindh plans to exempt fee for registration of shops, commercial establishments

Karachi Chief Secretary Sindh, Syed Mumtaz Ali Shah Wednesday said that ‘Ease of doing Business’ is a top priority for provincial government and in this regard several reforms have been introduced making it very simple to start a business getting registered through online portal. While presiding over a meeting of the Provincial Steering Committee on […]

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Thar coal block-VI dedicated for coal-to-gas-to-urea production

Karachi Sindh Chief Minister Syed Murad Ali Shah has said that due to depleting gas reserves of the country, there would be serious gas shortage in urea manufacturing by 2026-27 for which Thar Coal has a cheapest solution. “Sindh government under CPEC has dedicated Block-IV for clean coal technology like coal to liquids (diesel) and […]

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K-Electric, Engro Energy sign MoU to set up Karachi’s first waste-to-energy plant

 Karachi The K-Electric and Engro Energy signed a Memorandum of Understanding (MoU) on Monday to develop a 50MW Solid Waste to Energy Plant aimed at reducing the climate change impact by converting Karachi’s municipal solid waste into indigenous and renewable resource of energy, The plant would be installed at an estimated cost of US$ 175 […]

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2nd International Consumer Products Fair: 30 Companies sign MoUs

Federal Minister Muhammadmian Soomro says foreign companies interested in joint ventures Karachi Federal Minister for Privatization, Muhammadmian Soomro on Sunday said that participation and interest shown by large number of foreign companies in various trade exhibitions in Pakistan to enter in joint venture with the local traders is a clear manifestation of economic turnaround. He […]

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13.25pc interest rate has discouraged investors to establish Industries- Dharejo

 Karachi Sindh Minister for Industries and Commerce & Cooperative Department Jam Ikramullah Dharejo has said that the Sindh government is creating employment opportunities for the unemployed youth. “Recruitment process will begin soon and educated young men should prepare themselves for competitive environment,” he said while talking to various delegations coming from his constituency here Saturday […]

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U.S. Consulate Karachi Celebrates Global Entrepreneurship Week

Karachi The U.S. Consulate General in Karachi celebrated the culmination of Global Entrepreneurship Week (GEW) November 18-24, with a closing ceremony attended by entrepreneurs from a diverse range of fields. Over 500 people participated in programming around this year’s theme: “Entrepreneurship 201: Scaling-up Your Startup!” During the week, the U.S. Consulate hosted workshops, panel discussions, […]

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Bangladesh buys 82 tons of onion from Pakistan

Monitoring Desk DHAKA A cargo aircraft carrying imported onion from Pakistan arrived in Dhaka on Wednesday evening. The aircraft of Silk Way Airlines, Azerbaijani private cargo airline, landed at Hazrat Shahjalal International Airport around 7:15pm, said Airport Civil Aviation Director (Security) Group Captain AHM Towhid-Ul Ahsan. It was learnt that a private importer brought 81.5 […]

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Four-day workweek boosted productivity by 40%, Microsoft Japan experiment shows

TOKYO In a rare corporate experiment to test a four-day work system, Microsoft Corp.’s Japan branch found that their productivity improved by about 40 percent, the company said. The test involved 2,300 regular office workers in August. Amid calls for improving efficiency in the workplace in a country notorious for having long working hours, the […]

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Sindh govt. not to provide wheat to non-functional flour mills

(File Photo) Dozens of Flour Mills found non-functional; Sindh’s wheat being smuggled to KPK and even to Afghanistan KARACHI Chief Secretary Sindh Syed Mumtaz Ali Shah Thursday directed the district administration to check flour price in the market on daily basis and conduct raids on mills and godowns to check hoarding. Presiding over meeting regarding […]

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K-Electric earns Rs.12.3 billion profit during FY 2018

Karachi: The K-Electric (KE) in its 108th Annual General Meeting (AGM) – FY 2018, held at a local hotel in Karachi, with Ikram Sehgal, Chairman KE Board, in the chair, declared a profit of Rs.12.3 billion for the Fiscal Year 2018 compared to Rs.10.4 billion during FY 2017. The increase in profit resulted in earnings […]

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