Aftab Ahmed As the PTI government faces criticism on social media to ban Chinese viral video entertainment App, Pakistan has been listed in the same Chinese anti-Tiktok league as the United States (US) and India Chinese entertainment App TikTok, owned by China-based ByteDance, has been struggling in the world to avoid a ban especially in…
Aftab Ahmed State-run CMO monopoly—Ufone—has the worst performance in two metropolitan cities of the country whereas its subscribers have few complaints about overcharging or billing issues. Ufone—a subsidiary of PTCL, operated by Etisalat of UAE, has worst performance both in quality of service and availability of network in megacities like Karachi and Lahore whereas it…
Aftab Ahmed The Public Accounts Committee (PAC) on Wednesday directed the Auditor General of Pakistan (AGP) to present a comprehensive report clearly making responsible for a dubious deal of billions of rupees of strategic partnership between HBL and Pakistan Post. A PAC meeting under the chair of Rana Tanvir further directed the AGP to complete…
Aftab Ahmed Islamabad: Engro Pvc resin price in Pakistan are likely to go up as the upward trend in prices continues in the international market. The Engro polymer and chemicals limited revises price of polyvinyl chloride (PVC) resin in Pakistan following fluctuation in global prices. The prices of PVC went up to US$ 55 per…
Aftab Ahmed Islamabad: Amid protest from Sindh province, the PTI government has decided to seek local and international firms for Islands City projects to be executed by Island Development Authority Karachi. President Dr. Arif Alivi had promulgated Ordinance to set up Pakistan Islands Development Authority, which led to voicing strong concerns by the PPP government…
Aftab Ahmed Islamabad: A senior official at OGDCL was selected at a handsome package with an irrelevant degree and a pending inquiry while being in his previous PSO assignment. Both Companies—OGDCL & PSO—are the Petroleum Division’s autonomous departments. Ministry of Energy and senior officials of the Division are at the BoDs of both the companies…
Aftab Ahmed Islamabad: The government has decided to revise the formula of calculating margins of Oil Marketing Companies (OMCs) based on their audited financial statements. The margins of OMCs are currently linked with the CPI index. Sources told Newztodays.com that the Pakistan Institue of Development Economics (PIDE) is currently conducting a study to revise the…
Aftab Ahmed Islamabad: The National Accountability Bureau (NAB) has sent notices to all the 26 OMCs, including state-run PSO and its regulator—OGRA. The Authority asked OMCs under the petroleum division to submit a report for their alleged POL supplies to special areas under AMLA 2010. “They (OMCs) were asked to provide information u/s 19 of…
Aftab Ahmed Islamabad: Telenor—Norwegian CMO in Pakistan—enjoying the second position with mobile subscribers in the country, has also on the second position with several consumer complaints. The CMO has complaints regarding the quality of service, non-provision of the network, and billing issues said a recent PTA survey and available with Newztodays.com. Telenor’s consumers from Faisalabad, Islamabad,…
Aftab Ahmed Islamabad: Cabinet has approved the nomination of directors and Shahab Rizvi as possible chair of the board of Pakistan Petroleum Limited (PPL). Earlier, the cabinet had refused to approve the petroleum division’s nominations for the board of directors and chairman of PPL. In a new development, the cabinet has approved a new board…