Aftab Ahmed Islamabad: UGDC has been trying to import LNG in Pakistan to provide retail outlets due to price difference between CNG and petrol. The government has allowed UGDC Pakistan to import LNG. However, bureaucratic hurdles are still making it unable to import LNG in Pakistan. UGDC Pakistan and K-Electric (KE) are going to emerge…
Aftab Ahmed Islamabad:The board of directors of Oil and Gas Development Company Limited (Ogdcl) has appointed PTI worker and former Chief Human Resource Telenor as Executive Director (Ed) Human Resource of state run country oil and gas explorer. After Asad Umar, PTI had a new business professional in its ranks – Muhammad Shoaib Baig, Chief…
Aftab Ahmed The board of directors of Oil and Gas Development Company Limited (OGDCL) formed by the PTI government has recommended names of controversial candidates to appoint the head of public sector oil and gas exploration company. This move is contrary to the campaign launched by PTI government Prime Minister Imran Khan to bring transparency…
Atif Abbas Islamabad: The US Tech giant-Amazon–has launched training series in a bid to capture market of Pakistan. Enablers Pakistan has launched an exclusive business training series in association with Amazon to facilitate local manufacturers and sellers looking for establishing an online business or grow their existing business globally using Amazon’s e-commerce platform. The training…
Aftab Ahmed The PTI government has approved Rs 1.14 billion supplementary grant for payment to the Capital Development Authority (CDA) on account of the privatization of Jinnah Convention Center, Islamabad. The previous government of Pakistan Muslim League-Nawaz (PML-N) had mulled over a plan of auctioning the convention center in 2014-15 in a bid to generate…
Aftab Ahmed The PTI government has decided to wind up Benazir Employees Stock Option Scheme (BESOS) and transfers Rs 28 billion stuck in Employees Empowerment Trust (EETs) to Federal Consolidated Fund (FCF) account. During the tenure of the Pakistan Peoples Party (PPP) on August 5, 2009, the cabinet had approved Benazir Employees Stock Option Scheme…
Aftab Ahmed Islamabad:It may be surprising that chief executive officer (CEO) of state-run gas trading company Pakistan LNG Limited (PLL) is also holding office of the President of virtual currency American Company, BitLeague. The companies involved in trading of virtual currencies, coins and tokens in Pakistan are banned and declared illegal. This is a digital…
Aftab Ahmed A Chinese company has approached the government to allocate 33 acres of land to develop an Information Technology (IT) Park in the Industrial Zone of Islamabad under the China-Pak Economic Corridor (CPEC). Sources told Newztodays.com that a Chinese company has approached the ministry of IT to develop an IT industrial zone near Chak…
Aftab Ahmed Islamabad :In a New development, government has appointed Umer Lodhi as managing director Utility Stores Corporation (USC). In a cabinet meeting held on April 23, the Cabinet had turned down a summary of Ministry of Industries to appoint managing director Utility Stores Corporation (USC). Karachi based business tycoon has been close to PML-N…
The government had reportedly appointed Bushra Bibi’s son-in-law as Chairman of TEVTA Punjab. The appointment had raised controversy when the PTI government was in the federal government whereas the Punjab government was also run by the PTI party.HSA Starts Training Workshops To Improve Health System According to sources, Bushra Bibi’s son-in-law Hafiz Farhat Abbas was…