K-Electric (KE) reiterates that illegal hook connections and encroachments around power infrastructure is a severe public safety hazard. The power utility has also identified illegal settlements/encroachments around power infrastructure across its network to concerned authorities for immediate action.
While KE ensures strict compliance to respective safety protocols and procedures, it also appeals to the public for their own safety to maintain distance from power infrastructure including electric lines, transformer and poles.… Read the rest
Prime Minister Imran Khan Sunday appealed to the countrymen to actively participate in the campaign for collection of funds for dams by making generous donations and announced that the government would strive for the construction of Diamer Bhasha and Mohmand dams in its five-year term.… Read the rest
edotco Group SdnBhd (“edotco”), a subsidiary of Axiata Group Berhad (“Axiata”), today announced that they will not be moving forward with the acquisition of 13,000 towers from Pakistan Mobile Communications Limited (“PMCL”) in Pakistan.
The transaction was subject to a number of conditions and terminated due to the non-fulfilment of the conditions precedent to the SPA within the stipulated timeframe, in particular regulatory approval for the resulting change of control contemplated under the SPA.… Read the rest
The total liquid foreign reserves held by the country stood at US$16,069.9 million on 7September2018.The break-up of the foreign reserves position is as under:-
Foreign reserves held by the State Bank of Pakistan: US$ 9,624.4 million
Net foreign reserves held by commercial banks : US$ 6,445.5 million
Total liquid foreign reserves : US$ 16,069.9 million
During the week ending 07September2018, SBP’s reserves decreased by US$261 million to US$9,624 million, due to external debt servicing and other official payments.… Read the rest
The Ministry of National Health Services, Regulation and Coordination (MoNHSR&C), Government of Pakistan launched the National Complementary Feeding Assessment (NCFA), study of practices around feeding children, today in Islamabad. The study was conducted with financial support of the United Kingdom’s Department for International Development (DFID) and the technical support of the United Nations Children’s Fund (UNICEF).… Read the rest
The CEO of one of the country’s premier food and beverage company, Haleeb Foods Ltd., Memosh Khawaja has been appointed the Vice Chairman of the Pakistan Dairy Association. The PDA, since its inception in 1985, has played a pivotal role in providing leaders of the dairy industry a platform to help, guide and regulate this sector for generations to come.… Read the rest
Islamabad, September 13, 2018 — On September 13, the U.S. Agency for International Development (USAID) publically launched the next round of the Ambassador’s Fund Grant Program with a ceremony announcing the first eleven grant recipients. During the current five-year cycle, running from 2017-2022, this program will award approximately 200 grants in support of high impact efforts by Pakistani organizations working to improve the economic and social conditions of the people of Pakistan.… Read the rest
On September 13, the U.S. Department of Commerce, in partnership with the Higher Education Commission of Pakistan (HEC), the Continuing Legal Education Institute of Pakistan (CLEIP), and the Intellectual Property Organization of Pakistan (IPOP) hosted the opening of a workshop on intellectual proper (IP) licensing for universities.… Read the rest
JazzCash, Pakistan’s fastest growing mobile financial service provider has collaborated with foodpanda, a leading food delivery application, to provide its riders a convenient solution to collect daily earnings. This collaboration enables riders to transfer their daily earnings to their area managers via JazzCash mobile wallet.… Read the rest
Greenstar Social Marketing (GSM), an independent network member of Population Services International, has launched its ‘Sathi Jeet KaJashan’ campaign, where people in 34 cities around the country will be engaged in different activities and can win amazing prizes by sending empty packs of Sathi with their name, address and copy of CNIC.… Read the rest