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  • ISLAMABAD: Secretary Ministry of Commerce Mohammad Younus Dagha in the 7th Session of Pakistan Australia Joint Trade Committee, held on December ‘4, in Canberra, Australia.

SHC orders NAB to conduct investigation in NICL case

A H Siddiqui KARACHI: High Court of Sindh (SHC) has allowed the National Accountability Bureau (NAB) to conduct a thorough investigation against JS Investments for defrauding National Insurance Company Limited (NICL) as per the direction of the Supreme Court of Pakistan. The court announced this decision on December 5, 2017. …

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PM directs education strategy for BISP beneficiaries

From Our Correspondent ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has directed to chalk out a strategy for providing education to  the beneficiaries of Benazir Income Support Program (BISP) so as they can earn their own livelihoods. He was chairing a meeting on BISP here yesterday. The Prime Minister approved a …

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Govt appoints two CCP members

By Commerce Reporter KARACHI: The federal government has appointed Dr. Shahzad Ansar and Dr. Muhammad Saleem as Members Competition Commission of Pakistan through a competitive hiring process. Shahzad Ansar has a PhD. in Business Administration with a specialization in Microfinance and a Master’s degree in Engineering Geology. He is a …

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‘K-Electric charging extra Rs14.4 billion from Karachiites’


PAC DIRECTS POWER MINISTRY, NEPRA TO ADDRESS ISSUE  From Our Correspondent ISLAMABAD: Chairman Khursheed Shah presided a meeting of PAC, which discussed a number of issues pertaining to overbilling by power companies, power generation by different plants and load-shedding. K-Electric, the sole power distributor in Karachi, burdened consumers by purchasing …

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500,000 3G, 4G phone for farmer’s research projects


GOVT EQUIP FARMERS WITH SMARTPHONES TO PROMOTE AGRI PRACTICES  From Our Correspondent ISLAMABAD: Farmers of Punjab province are being facilitated through provision of 3G and 4G enabled smartphones along with free SIM cards and data bundles under Connected Agriculture Platform Punjab (CAPP) program to improve their yield through easily accessible …

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660 MW Thar coal-fired plants to start in 2019


KARACHI: At an estimated cost of $1.1 billion, the 660 megawatt indigenous coal-fired power plant at Tharparkar Block-II is likely to commence its commercial operations in June 2019, three months before the deadline. Engro Powergen Limited (EPL) has signed a joint venture agreement with China Machinery Engineering Corporation (CMEC) for …

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10pc GST on private security services unfair: Muffasar


KCCI TO ASSIST APSAA FOR RESOLVING ISSUES WITH SRB  By SS Khan KARACHI: All Pakistan Security Agencies Association (APSAA), led by Chairman APSAA Maj. (r) Munir Ahmed, during their visit to Karachi Chamber said, the business community finds no other option but to hire private security guards to safeguard their …

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FBL, JLI-WTO signs Banca Takaful agreement

KARACHI:  Faysal Bank Limited (FBL), one of the leading banks in Pakistan has signed a BancaTakaful distribution agreement with Jubilee Life Insurance Company Ltd. Window Takaful Operations (JLI-WTO) for sales of their Shariah compliant Takaful products through its distribution channels. Commenting on this occasion Yousaf Hussain, President and CEO, Faysal …

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