Federal Minister for Power, Awais Khan Leghari, inaugurated Pakistan’s first-ever 120 KW fast-charging station, developed by GoGreen Avenue. The event, held in Islamabad, marked a significant milestone in the country’s transition towards sustainable energy. As part of the Ministry of Energy’s broader efforts to promote green mobility and energy-efficient solutions, …
Read More »PCC holds maiden meeting
The inaugural meeting of the Pakistan Crypto Council (PCC) was held today under the chairmanship of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, said an official statement of the Finance Ministry. The meeting was attended by key figures, including the CEO of the PCC, Bilal Bin Saqib, the …
Read More »Pakistan Crypto Council officially launched
The Pakistan Crypto Council (PCC) has officially been launched, marking a significant step in the country’s efforts to regulate and integrate blockchain technology and digital assets into its financial landscape. The council is set to play a pivotal role in formulating policies, fostering innovation, and ensuring a secure and forward-thinking …
Read More »CCP issues show cause notices to steel manufacturers
The Competition Commission of Pakistan (CCP) has issued show cause notices to International Steel Limited (ISL) and Aisha Steel Mills Limited (ASML) for alleged cartelization in the flat steel market, says an official release of CCP on Tuesday. An inquiry conducted by the Commission found prima facie evidence suggesting that …
Read More »PIA privatization to be completed in three months: Minister
Federal Minister for Privatization, Board of Investment, and Communications, Abdul Aleem Khan, in a special conversation regarding the privatization of Pakistan International Airlines (PIA), stated that all concerns of the interested parties have been properly addressed. He further emphasized that the government has decided to incorporate changes based on the …
Read More »PAC questions spot purchases and lack of CFOs in ministries
The Public Accounts Committee (PAC) recently held a meeting, chaired by Junaid Akbar, to review audit paras related to the Atomic Energy Commission, Pakistan Nuclear Regulatory Authority, and the Federal Board of Revenue (FBR). During the meeting, the Auditor General of Pakistan revealed that 15 ministries are operating without a …
Read More »Govt to route 60% of imports & exports through Gwadar
The federal government has decided to make Gwadar Port fully operational, announcing that 60% of government imports and exports will be routed through it. Addressing the National Maritime Policy Workshop in Islamabad, Federal Minister for Maritime Affairs, Qaiser Ahmed Sheikh, emphasized the critical role of the maritime sector in Pakistan’s …
Read More »Hutchison ports to invest $1 bn in Pakistan’s port modernization
Hutchison Ports, one of the world’s leading port networks, presented its $1 billion investment plan to Finance Minister Muhammad Aurangzeb on Friday for the modernization of Pakistan’s port infrastructure. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, recently convened with a high-level delegation from Hutchison Ports, led by Andy …
Read More »Pakistan’s 5G rollout faces hurdles: PTA
The Pakistan Telecommunication Authority (PTA), during a briefing to the Senate Committee on IT and Telecom, highlighted the need for a larger spectrum to implement 5G while acknowledging several challenges in its rollout. The meeting of the Senate Standing Committee on IT and Telecom, chaired by Palwasha Khan, was held …
Read More »PIA Privatization: Billions paid to FA, yet no progress
The National Assembly’s Standing Committee on Privatization was informed that the financial advisor hired for the privatization of the national airline, Pakistan International Airlines (PIA), had already been paid Rs 1.2 billion, yet the privatization process remained incomplete. The meeting, held in Islamabad under the chairmanship of Dr. Farooq Sattar, …
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