K-Electric unveils plan for us$ 1bn 900 mw power project

K-Electric unveils plan for the development of a 900 MW power project that will significantly increase generation capacity and play a critical role in further supporting the energy needs of Karachi. The 900 MW Bin Qasim Power Station III will be built at K-Electric’s Bin Qasim site at an estimated cost of US$ 1 billion and includes simultaneous upgrades to associated transmission infrastructure.

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KATI welcomes Tariq Bajwa’s appointment as Governor SBP

Patron-in-Chief of Korangi Association of Trade & Industry (KATI) S.M. Muneer, President Masood Naqi, Senoir Vice President Ghazanfar Ali Khan and Vice President of the association Umer Rehan welcomed appointment of Tariq Bajwa as governor State Bank of Pakistan. In a statement released by KATI it is also hoped that newly appointed Governor would speed up the reform process in banking and other related sectors.

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Telenor Velocity graduates startups of Cohort 2

Telenor Velocity, the digital accelerator of Telenor Pakistan, hosted a Graduation Night in Lahore yesterday to graduate six startups from their Cohort 2. This time around, the event had a modern and minimalistic setting, with a strong focus on building startup’s rapport with the investors.

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Tariq Bajwa appointed as Governor SBP

Mr. Tariq Bajwa assumed the charge of Governor State Bank of Pakistan today after President of Pakistan appointed him as Governor State Bank of Pakistan for a period of three years in pursuance of Section 10(3) of the State Bank of Pakistan Act 1956.

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Pakistan re-elected vice chair of UNEP CPR Bureau

Permanent Representative of Pakistan to United Nations Environment Programme, Raza Bashir Tarar has been unanimously re-elected as Vice Chair of Committee of Permanent Representatives (CPR) Bureau from Asia Pacific Group for period 2017-19. He has been re-elected at 139th Committee of Permanent Representatives meeting held in Nairobi, a message received on Friday said.

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Cement despatches growth 3.71 percent during 2016-2017

Pakistan cement industry closed the fiscal year 2016-17 on a sour note as the domestic demand declined steeply in June by 19.62 percent that was almost double than the decline of 10.95 percent in exports. According to spokesman of the industry the decline in domestic demand was beyond the usual reduction in construction activities during Ramadan that fell in June.

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Nokia smartphones to feature ZEISS optics

HMD Global, the home of Nokia phones, and ZEISS today jointly announced the signing of an exclusive partnership that aims to set new imaging standards within the smartphone industry.  This long-term agreement builds on the shared history and expertise between ZEISS and Nokia smartphones.  

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EO appoints S.M. Imran as Chairman MEPA region

The Entrepreneurs’ Organization (EO) has made strides to Pakistan by appointing Mr. S.M. Imran as Chairman for the Middle East, Pakistan and Africa (MEPA) region. EO is a global, peer-to-peer network of more than 12,000+ influential business owners with 163 chapters in 52 countries.

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KPT handles 52.49 Million Tons Cargo in FY2016-17, breaking previous record

The cargo handling operations, including export and import at Karachi Port Trust has remained brisk in financial year 2016-17 and the KPT broke its own record. The total cargo handling in this financial year closed at 52.49 million tons whereas the same remained 50.05 million tons during last year resulting in an increase of cargo handling with +4.89% growth.

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Usman Institute organizes seminar by GCIP Pakistan and United Nations Industrial Development Organization

Adhering to its fundamental mission to be a frontrunner in Pakistan’s education area, Pakistan’s leading science and technology institution, Usman Institute of Technology (UIT) recently organized a seminar by GCIP (Global Cleantech Innovation Programme) Pakistan and UNIDO (United Nations Industrial Development Organization).

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