SSGC preparing PC-I to gasify localities falling within 5km radius

The Sui Southern Gas Company would gasify the localities and villages falling within five-kilometer radius of gas producing fields, being operated by Exploration and Production companies in different parts of Sindh and Balochistan. A senior official privy to petroleum sector developments told APP that the company is in the process of preparing PC-I to undertake مزید پڑھیں

Pakistan recorded ‘highest-ever’ remittances in July 2020: PM Imran

Prime Minister Imran Khan said on Monday that Pakistan recorded highest-ever remittances from overseas Pakistanis in July 2020, reaching $2,768 million. On Twitter, the prime minister shared the statistics, calling it “more good news” for Pakistan’s economy. “Remittances from overseas Pakistanis reached $2,768 mn in July 2020, highest ever amount in one month in the مزید پڑھیں

Trump says looking at pressuring other Chinese companies after Bytedance

U.S. President Donald Trump said on Saturday he could exert pressure on more Chinese companies such as technology giant Alibaba (BABA.N) after he moved to ban TikTok. Asked at a news conference whether there were other particular China-owned companies he was considering a ban on, such as Alibaba, Trump replied: “Well, we’re looking at other مزید پڑھیں

Chairman CPEC Asim Saleem announces internship programme

Chairman China-Pakistan Economic Corridor Authority, Lt. General retired Asim Saleem Bajwa has announced CPEC internship programme. In his tweet, Asim Saleem Bajwa stated, with an aim to empower youth, we have announced an opportunity for the youth to join CPEC specific internship for three months. In the spirit of Youth empowerment/to develop young leaders,We announce مزید پڑھیں

SC dismisses petitions against imposition of GIDC

The Supreme Court on Thursday announced its reserved judgement on Gas Infrastructure Development Cess dismissing petitions challenging imposition of cess. A three-judge SC bench, headed by Justice Mushir Alam handed a split 2-1 verdict. It had reserved its judgement in the case after hearing arguments put forward by lawyers representing the appellants and the government مزید پڑھیں

Judge blocks Uber, Lyft from classifying drivers as contractors in California

A California judge granted the state’s request for a preliminary injunction blocking Uber Technologies and Lyft from classifying their drivers as independent contractors rather than employees. The ruling by Judge Ethan Schulman of San Francisco Superior Court is a defeat for the ride-hailing companies, as they defend against a May 5 lawsuit by state Attorney مزید پڑھیں

US dollar gained against Pakistani rupee in interbank market

The United States dollar gained Rs0.07 against the Pakistani rupee in the interbank market on Tuesday. According to forex dealers, the greenback is currently trading at Rs168.45 against the domestic currency at the interbank foreign exchange market. The US dollar closed at Rs168.37 on the other day. Meanwhile, the greenback held overnight gains in the مزید پڑھیں