PIA to generate $30m for Roosevelt Hotel New York

    By NewzTodays Editorial Team | September 22, 2021

    Aftab Ahmed Islamabad: The PTI government has approved immediate cash support of US$30 million for Roosevelt Hotel New York through market financing with the government of Pakistan guarantee. Sources told Newztodays.com that Aviation Division had tabled a summary before the economic coordination committee to approve immediate cash support of US$130.3 million. This amount also included…

    ECC approves 73 mmcfd LNG supply to AGL, Fatima

    By NewzTodays Editorial Team | September 15, 2021

    Aftab Ahmed Economic Coordination Committee (ECC) has approved the supply of 73 mmcfd LNG to AGL and Fatima Fertilizer plants to produce fertilizer. However, it has directed the industries ministry to consult stakeholders to find out the demand of urea in the country. It also further directed to work out the possibility of import of…

    Interior minister, secretary get powers to issue arms licenses

    By NewzTodays Editorial Team | August 13, 2021

    Aftab Ahmed Islamabad:  The government has delegated authority to issue Prohibited Bore (PB)/Non-Prohibited Bore (NPB) Arms Licences’ in Pakistan to the minister and secretary Interior division. The Cabinet has taken a decision keeping in view the workload on the cabinet. The cabinet has approved the delegation of authority to issue Prohibited Bore licenses to Minister…

    PTA box littered with Jazz consumers’ complaint

    By NewzTodays Editorial Team | May 25, 2021

    Aftab Ahmed Islamabad: Jazz—with the highest number of subscribers in the country—has the highest number of complaints. The complaints comprise nearly 54% of the total registered queries by PTA through its online portal. Simultaneously, its 4G services’ signal strength in rural areas has not met the confidence level of 90% of subscribers. This reveals in…

    ODGCL’s items of Rs 1.8bn turn into scrap

    By NewzTodays Editorial Team | October 23, 2020

    Aftab Ahmed It is alarming that Oil and Gas Development Company Limited (Ogdcl) has procured store items worth Rs 1.8 billion without any consumption turning into scrap. The over procurement appears to benefit the contractors as they were procured, which were not required and were not used by the OGDCL. The procurement in Oil and…

    HPL challenges suspension of KP marketing license

    By NewzTodays Editorial Team | October 22, 2020

    Our Correspondent M/s Hascol Petroleum Limited (HPL) has filed an application before the Oil and Gas Regulatory Authority (OGRA) to review the decision to suspend the company’s marketing license for Khyber Pakhtunkhwa and the imposition of a penalty of Rs 10 million. In a decision issued on Wednesday, the regulatory-Oil and Gas Regulatory Authority (OGRA)…

    EPCL increases PVC prices to produce pipes

    By NewzTodays Editorial Team | October 18, 2020

    Aftab Ahmed Engro Polymer Company Limited (EPCL) has increased its prices for polyvinyl chloride (PVC) ethylene, the chemical used to produce PVC pipes and other plastic products 20,000 per ton. The EPCL increased prices due to a supply shortfall in the global market effective from October 15, 2020. The prices of PVC had witnessed a…

    Govt considers direct take over Roosevelet Hotel

    By NewzTodays Editorial Team | October 15, 2020

    Aftab Ahmed Islamabad: Amid controversy over Roosevelt Hotel‘s shutdown in New York, the PTI government has considered an option to take over directly Roosevelt and Scribe Hotels. The Roosevelt Hotel management had advertised and announced on its Twitter account to shut down the hotel on October 13, leading to strong criticism in the country. READ…

    Govt to say ‘Goodbye’ to Old Refineries

    By NewzTodays Editorial Team | October 15, 2020

    Aftab Ahmed The PTI government has decided to say ‘Goodbye’ to decades-old oil refineries if they fail to upgrade in a year period in line with Euro-V products. Special Assistant to Prime Minister (SAPM) Nadeem Babar on Petroleum announced this on Wednesday. He was accompanied by Federal Minister for Power Umer Ayub and Secretary Petroleum…