Pakistan and China sign a MoU to construction for a 1200 MW Chashma-5 (C-5) Nuclear Power Project
Prime Minister Shehbaz Sharif signing of Memorandum of Understanding (MoU) between Pakistan and China for a 1200 MW Chashma-5 (C-5) nuclear power project worth of $3.48 billion. President of China National Nuclear Corporation Overseas Ltd (CNOS) and Member Power, Pakistan Atomic Energy Commission (PAEC) Muhammad Saeed Ur Rehman signed the MoU. Speaking on the occasion,…
Neelum Jhelum Hydel Power Station to resume generation by July
Neelum Jhelum Hydel Power Station is likely to resume electricity generation by the end of July as hectic efforts are underway to complete the remedial works being carried out in the tail race tunnel of the project. This was the crux of the briefing given to Chairman WAPDA Engr Lt Gen (Retd) Sajjad Ghani by…
Balochistan Govt unveils Rs 750 billion budget for FY 2023-24
Balochistan Minister for Finance Engineer Zmarak Khan Achakzai unveiled the province’s budget for the fiscal year 2023-24, with a total size of Rs 750 billion. The Finance Minister said in his budget speech that over Rs 229.301 billion have been earmarked for the Public Sector Development Programme (PSDP), and the volume of non-development expenditure was…
Ufone 4G’s has launched a brand new ‘Weekly Digital Offer’
‘One ‘bundle’ to rule them all’ – Pakistani Telecommunication Company, Ufone 4G’s has launched a brand new ‘Weekly Digital Offer’ at a discounted price of Rs.430, whereas the actual product price is Rs.450. This offer eliminates the need to look for other options as it can fulfill all of your data and calling needs for…
Banks to observe normal banking hours on June 24: SBP
To facilitate the collection of government duties and taxes, bank branches on June 24 (Saturday) will observe normal banking hours until 5:30 pm while online payment facilities will also be ensured around the clock. The State Bank of Pakistan (SBP), through a statement issued here on Monday, informed that all those branches of banks that…
Seafood exports increase by 17.13% to $456 million
On a year-on-year basis, seafood exports increased by 25.06 percent to $50,578 million in May 2023 as compared to exports of $40.444 million during May 2022 The exports of fish and fish preparations increased by 17.13 percent during the first eleven months of the current fiscal year as compared to the corresponding period of last…
PSW and the Ministry of Maritime Affairs to Reinforce Trade Via Digital Integration
Pakistan Single Window (PSW) in collaboration with the Ministry of Maritime Affairs has successfully integrated the Marine Fisheries Department (MFD) and Mercantile Marine Department (MMD) into its network of digitally connected entities. MFD regulates export of fish and fishery products in Pakistan while MMD is responsible for regulating export of second-hand/used passenger and cargo ships,…
Ufone 4G Offers Free Minutes for Cyclone-Affected Areas
Pakistani telecom company, Ufone 4G stands unwavering in its dedication to supporting residents impacted by the imminent danger posed by cyclone Biparjoy. As the cyclone threat recedes and individuals begin their journey back to normalcy, Ufone 4G takes immense pride in announcing a special initiative aimed at offering essential communication support to the previously evacuated…
Glaring anomalies need immediate attention of the government
Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised the media that after in-depth analysis of the federal budget 2023 – 24, FPCCI has come up with many budget anomalies; which will prove to be counterproductive if not rectified before the passage of the final version of the Finance Bill by the parliament. Mr. Irfan Iqbal…
China in a perfect position to help Pakistan develop SME sector: CG
Consul General of China Yang Yundong, while responding to President Karachi Chamber’s suggestion, stated that China’s Small & Medium Enterprises (SMEs) account for 70 to 80 percent of GDP so it was in a perfect position to help Pakistan develop its SME Sector. In addition to developing the SME sector, a host of other areas…