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Topic: Sector

ICCI for strong coordination between govt, private sector

islamabad - Islamabad Chamber of Commerce and Industry President Zafar Bakhtawari has said there is a dire need to formulate prudent economic policies with consultation of business community.He said this while talking to Tahir Iqbal Chaudhary, newly elected member National Assembly from District ...

punjab cng sector gas days a week
May 17, 2013

Punjab CNG sector likely to get gas for 4 days a week

LAHORE - (OUR STAFF REPORTER) - The SNGPL management is planning to provide four days a week gas supply to CNG sector of Punjab.The gas outlets of the province are observing four day a week gas load management plant for past two months. “The gap between demand and supply is shrinking and we ...

fertilizer sector invested
May 16, 2013

Fertilizer sector invested $2.3 billion in 4 years

LAHORE - Fertilizer sector has invested $2.3 billion in last 4 years making Pakistan self-sufficient in urea production and earned huge profit despite gas supply suspension for a long time.Industry circles said that with consistent gas supply to urea plants, the new government of the PML-N can ...

Sugar sector sees new govt to stabilise export policy

LAHORE - The Pakistan Sugar Mills Association has appreciated the PML-N chief Mian Nawaz Sharif over his overwhelming victory in the elections 2013 in centre as well as in Punjab, hoping the new government will work for increasing exports particularly of sugar, which has great potential in the ...

health sector doldrums
May 13, 2013

Health sector in doldrums

The public sector, largely led by the ministry of health, is entrusted with the responsibility of safe provision of medical services to the poor patients. It is also responsible for framing health policies at the national level. Each of the four provinces of Pakistan has its respective health ...

health sector doldrums
May 12, 2013

Health sector in doldrums

The public sector, largely led by the ministry of health, is entrusted with the responsibility of safe provision of medical services to the poor patients. It is also responsible for framing health policies at the national level. Each of the four provinces of Pakistan has its respective health ...

Fertilizer sector sees bumper surge in profit

lahore - Fertilizer sector starts CY13 with bumper surge in the profitability in comparison with the corresponding period last year. This took place due to better availability of gas for ENGRO along with the efficiency from diversion of gas to EnVen. Besides, less curtailment on SSGC network for ...

SECP efforts in development of corporate sector

LAHORE : The SECP, Company Registration Office (CRO) Faisalabad held a seminar on “Mandatory Online Filing of Statutory Returns” in collaboration with Faisalabad Chamber of Commerce & Industry (FCCI). In-charge CRO Faisalabad, Mahboob Ahmad (Joint Registrar), informed the ...

power sector loss annually
May 10, 2013

Power sector faces Rs75b loss annually

islamabad - Caretaker water & power minister Musadiq Malik on Thursday said that though power sector is facing annual loss of Rs75 billion on account of oil theft and irregularities yet there would be uninterrupted supply of electricity for 36 hours during election days across the country.Two ...

Cooperation to energise Pakistan energy sector, says Tajik envoy

Islamabad - Centuries-old historical and cultural links between the brotherly people of Pakistan and Tajikistan provide a strong basis for further enhancing their economic, commercial and trade relations.These remarks were made by Gononov S.Sherali, Ambassador of Tajikistan in Pakistan while ...

Cement sector profitability remains robust

lahore - The 9MFY13 cement sector profitability remained robust, where sector clocked up earnings growth of 125 per cent YoY led by steady volumetric growth margin expansion and dip in financial costs due to de-leveraging of balance sheets.Industry sources said that April 2013 cement offtake stood ...

Indian troops open fire in Shakargarh sector unprovoked

SIALKOT - The indiscriminate firing by the Indian security forces on Pakistani bordering villages in Shakargarh panicked the villagers on Tuesday.According to Chenab Rangers officials, villagers were offering Fajar prayer, when the Indian forces unleashed firing from Blair post on bordering ...

agri sector grew
May 05, 2013

Agri sector grew by 3.35pc in 2012-13

ISLAMABAD : Agriculture sector in the country grew at the rate of 3.35 percent during 2012-13 while industrial sector showed a positive growth of 3.49 percent during the same period. It was stated by Pakistan bureau of statistics after 93rd meeting of National accounts committee was held to review ...

PIDA strengthens role of farmers’ bodies in irrigation sector reforms

lahore - The Punjab Irrigation and Drainage Authority (PIDA) has strengthened the institutional role of farmers organizations in the irrigation sector reforms and this has helped to curtail non-developmental expenditures, said PIDA General Manager Mian Maqbool Ahmad while presiding over a ...

Sustainable development of mineral sector stressed

ISLAMABAD : Minister for Petroleum and Natural Resources Sohail Wajahat Sidduqui visited Geosciences Advance Research Laboratories, Geological Survey of Pakistan (GSP) and chaired a meeting of geoscientists. The meeting was attended by former director generals and former The presentation by ...

Rs10b funnelled into power sector to offset shortfall

ISLAMABAD - The cash-strapped government has further injected Rs10billion into the power sector to offset ongoing energy shortfall that has hit hard domestic and commercial electricity consumers alike. According to a top official of the Finance Ministry, a sum of Rs10billion has been released to ...

unisame govt facilitate sme sector
April 29, 2013

Unisame asks govt to facilitate SME sector

karachi - The Union of Small and Medium Enterprises (Unisame) has invited the attention of government on finance that the past coalition government did not implement the SME policy nor aligned the industrial and trade policy and budget to strengthen the economy on scientific lines.President Unisame ...

Banks disbursement to agri sector up by 17pc to Rs 231b

karachi - Agricultural credit disbursement by banks surged by 17 per cent on year-on-year basis to Rs 231.04 billion in the first nine months (July-March) of the current fiscal year (2012-13). “In absolute terms, disbursement of credit to the agriculture sector increased by over Rs 33.7 ...

paapam steps market pak auto sector
April 23, 2013

Paapam for steps to market Pak auto sector abroad

LAHORE : Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) here Monday called for an enhanced role of TDAP for participation of local auto engineering companies in international fairs to develop contacts with world manufacturers and analyse joint ventures with ...

UVAS, ILRI mull collaboration for development of livestock sector

lahore - The University of Veterinary and Animal Sciences Lahore and the International Livestock Research Institute (ILRI) discussed possibilities of collaboration in research, training and value chain activities for the development of livestock sector. A two member ILRI delegation comprising its ...

Energy curtailment badly affects confectionery sector

karachi - Urgent steps are needed to safeguard confectionary industry as if government not took the serious measures thousands of workers will become jobless.Chairman All Pakistan Confectionary Association Javaid Abdullah has said loadshedding and gas curtailment badly affected the industry while ...

Minister rejects proposal to stop supply to Punjab CNG sector

ISLAMABAD - A meeting held under petroleum minister to review gas load management plan Saturday failed to take a decision to suspend the supply of 454mcfd gas to inefficient captive power plants while the caretaker minister has rejected the recommendation to stop gas supply to the CNG stations ...

time agri sector
April 20, 2013

Time to own agri sector

ISLAMABAD The  Harvest Tradings ECO has said that the development of agriculture not only for the overall economic growth but also for a balanced development. Talking to a delegation of farmers who called him here on Friday, Ahmed Jawad said that Federation of Pakistan Chamber of Commerce, ...

Biotechnology can bring revolution in agri sector

LAHORE : Use of biotechnology can bring a revolution in the fields of agriculture, medicine and pharmaceutical industry. Those countries who are using biotechnology, their economies are rapidly growing, said chairperson Federation of Bio-tech Associations (FABA) Pakistan chapter while talking to ...

NAB decides to monitor power sector functions

ISLAMABAD - In a significant move, the National Accountability Bureau has decided to monitor the entire functions of power sector, both gas as well as electricity, to ensure maximum provision of gas and efficient power generation by stopping corrupt practices to ease down the prevailing energy ...

sethi speaks private sector
April 16, 2013

Sethi speaks of private sector’s value

LAHORE – Chief Minister Najam Sethi has said private sector plays an important role in national development and strengthening of economy of a country and the goal of national progress and prosperity could be achieved by promoting public private partnership. “The government is aware of ...

Performance of microfinance sector in Pakistan

FINANCIAL Institutions are organisations that deal with savings, investments, assets, loans, deposits, pensions, salaries etc. of the people and the issues related to them. Examples of financial institutions working in Pakistan include: Public Sector Banks, Private banks, development financial ...

Sale of auto sector declines 19pc to 228,124 units in 9MFY13

 LAHORE - The Pakistan Automotive Manufactures Association (PAMA) has released the monthly production and sales numbers of the auto sector. As per the data, total sales of the auto sector have declined by 19 per cent YoY to 228,124 units in 9MFY13 as against the sales of 283,110 units in the ...

Cement sector learns hard lesson from past price wars

LAHORE - The local cement industry has learned hard lessons from the past price wars, when nobody came out as a winner. Small and medium cement players were suffering from losses while big players were only witnessing subdued earnings growth, cement industry experts said. Under the current ...

imf introduce power sector reforms
April 15, 2013

IMF asks to introduce power sector reforms

ISLAMABAD - Ahead of fast approaching general elections, power situation across the country may witness improvements if Pakistan succeeds to engage International Monetary Funds (IMF) in reducing its energy woes, which have ballooned out of control, sources in water & power ministry said on ...

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