Business News
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‘Value addition reduces food waste’ | The Express Tribune
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[ad_1] ISLAMABAD/LAHORE/KARACHI: Value addition has the potential to reduce raw food wastage in the country by 40% and trigger a revolution in the agriculture sector. It plays a vital role in agriculture, horticulture, and floriculture trade. Progressive farmers, as well as horticulture and floriculture farm owners, should focus on adding value to agricultural commodities with…
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Nepra jacks up electricity tariff by Rs2.83 per unit for May bills
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[ad_1] KE employees working in Karachi, on January 25, 2023. — APP Putting an additional burden on the inflation-hit masses, the National Electric Power Regulatory Authority (Nepra) on Wednesday notified a Rs2.83 per unit hike in electricity tariff for the month of March 2024. An official notification for the price hike stated that the tariff…
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Power tariff up by Rs2.83 in FCA for May | The Express Tribune
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[ad_1] ISLAMABAD: The price of electricity supplied through ex-Wapda distribution companies (XWDISCOs) has been increased by Rs2.83 per unit as part of the fuel cost adjustment (FCA) charges for the month of March, according to a notification issued by the National Electric Power Regulatory Authority (Nepra) on Wednesday. The power regulator added that the additional…
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Dubai set to launch flying taxis, cutting travel time tremendously
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[ad_1] Dubai inks MoU with South Korea to launch flying taxis, driverless cars. — Khaleej Times/File After the announcement of the new Al Maktoum International Airport, Dubai’s Roads and Transport Authority (RTA) has signed an agreement with the Seoul Metropolitan Government, on Tuesday, to boost collaboration on flying cars and self-driven vehicles, Khaleej Times reported.…
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E&P firms seek depletion allowance | The Express Tribune
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[ad_1] ISLAMABAD: Hydrocarbon exploration and production (E&P) companies have called on the government to grant a 15% depletion allowance on ageing fields rather than imposing an additional 15% wellhead value. Sources told The Express tribune that oil and gas exploration companies insisted that the government should consider waiving the additional 15% wellhead value, ie, extra…
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Telecoms protest SIMs blocking | The Express Tribune
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[ad_1] ISLAMABAD: Cellular mobile operators (CMOs) are mandated to provide uninterrupted services to their customers, except in circumstances specified in the Telecom Act and relevant regulations. However, there are no instances where CMOs can disconnect or block service to any customer. This was the essence of a letter penned by the telecom industry to the…
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CCP flags concerns over PTCL-Telenor merger | The Express Tribune
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[ad_1] ISLAMABAD: The Competition Commission of Pakistan (CCP) stated on Monday that telecommunications mergers could diminish consumer options, citing the acquisition of Telenor Pakistan (Private) Limited (TP) by Pakistan Telecommunication Company Limited (PTCL). The regulator revealed that a preliminary investigation by the CCP has indicated that the proposed acquisition of Telenor Pakistan and Orion Towers…
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Engro, Dawood Hercules to restructure shareholding | The Express Tribune
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[ad_1] KARACHI: The boards of Dawood Hercules Corporation Limited (DH Corp) and Engro Corporation Limited (Engro Corp) have tentatively approved a proposal to restructure their shareholding, aiming to enhance investment opportunities for the enterprise. The restructuring plan is subject to final board and shareholder approvals. The proposed restructuring seeks to boost investment opportunities by aligning…
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‘Iran, Pakistan explore ways to materialise gas pipeline project’
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[ad_1] Workers can be seen busy working on a gas pipeline at Chah Bahar, Iran. — AFP/File Pakistan and Iran are trying to find a way forward for the completion of the bilateral gas pipeline project spanning on 1,900 kilometres in Chah Bahar area, Iran’s Consul General to Pakistan Hassan Nourian said on Monday. The…
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How is Saudi Arabia’s Neom ‘The Line’ shaping the future?
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[ad_1] Neom is part of Saudi Arabia’s Crown Prince Mohammad bin Salman’s (MBS) 2030 vision. — Linkedin/@TahaMemon Saudi Arabia’s Neom megacity stands at the centre of the kingdom’s futuristic plans to encourage economic expansion and societal advancement, Tekrevol reported. It is part of Crown Prince Mohammad bin Salman’s (MBS) 2030 vision, which will transform how…
