Farhan Hameed
Joined on: Nov 30, -0001
Published stories: 70
Articles By Farhan Hameed
Liquidity constraints for PSO; threats to cut down fuel supply Pakistan State Oil (PSO) has threatened to all of its defaulting customers to immediately repay the outstanding dues otherwise any further supply of fuel will be cut down until the payment. The petroleum supplier issued a strict statement on Friday to stop fuel supply to […]
Nov 26 2011 | Posted in
Business |
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United Arab Emirates (UAE) will conduct the first ever largest single country exhibition at the Expo Centre in Karachi from 30th November to 2nd December. The trade fair is expected to be participated by over 70 officials and businessmen from various sectors. UAE consul general Suhail bin Matar Al-Ketbi told the news reporters on Thursday […]
Nov 25 2011 | Posted in
Business |
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One of the influential political parties of Sindh province, Muttahida Qaumi Movement (MQM), has sought immediate measures from the government and the Supreme Court of Pakistan against the ex-Home Minister, Zulfiqar Mirza. In a letter to President Asif Ali Zardari and Chief Justice Iftikhar Muhammad Chaudhry, two senior leaders of MQM have pleaded to take […]
Nov 24 2011 | Posted in
Pakistan,
Politics |
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Textile exports drop by 14 per cent in October Textile and clothing exports of Pakistan have suffered a significant decline in the past one year, falling by 14 per cent as compared to the figures of last October. The fall of one of the major exports of the country has sent waves of fears to […]
Nov 23 2011 | Posted in
Business |
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Rain-ravaged farmers in Sindh still waiting for emergency aid As the cultivation for wheat starts in the month of November, the rain-hit growers in the province of Sindh are desperately waiting for the earlier announced government aid to take off the cultivation process. The Government of Pakistan had announced emergency assistance to the rain-affected growers […]
Nov 22 2011 | Posted in
Pakistan,
Politics |
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The army spokesman, Major-General Athar Abbas, has told the press reporters that Pakistan anticipates lowering down its extensive military expenditure for the coming fiscal year. The Pakistan army eats up 16 per cent of the state’s annual budget every year and is hoping to lower its costs in the near future to help the cash-strapped […]
Nov 21 2011 | Posted in
Business,
Politics |
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United States Secretary General, Ban Ki-moon, has urged the business tycoons of Asia to step forward and help the poor and hunger-stricken nations all over the globe. He was addressing to the executives at an Asian investment conference, held in Bali, Indonesia, this Friday. “While Asia gains in power and influence, it has not yet […]
PEPCO’s dissolution finalised The government of Pakistan has eventually decided to dissolve Pakistan Electric Power Company (PEPCO) after the organisation failed to meet the deadlines four times in the current fiscal year. The board of directors of PEPCO had a meeting on Thursday to advise the formal dissolution of the company as per the legal […]
Nov 18 2011 | Posted in
Business,
Politics |
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Unaccounted for Gas Losses (UGL) for Pakistan’s gas distribution companies have raised to an alarmingly huge figure of Rs. 3.1 billion for the first quarter of financial year 2012. Sui Southern Gas Company (SSGC) and Sui Northern Gad Pipelines (SNGP) have recently reported the massive figure of loss for the first quarter, primly caused by […]
Nov 17 2011 | Posted in
Business |
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Representatives of Pakistan and India have revealed to the press that normal trade ties between the two countries will resume from February next year. Pakistan’s Commerce Secretary, Zafar Mehmood, had a meeting with his Indian counterpart, Rahul Khullar, in New Delhi on Tuesday and a joint statement was released to confirm that the trading activities […]
Finally, the much awaited agreement for the supply of natural gas was signed between the officials of Pakistan and Turkmenistan on Monday. The gas import agreement is a part of the $ 7.6 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, which is a follow-up of the inter-government agreement signed by the four neighbouring countries in December […]
Nov 15 2011 | Posted in
Business,
Politics |
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Pakistani government official has announced that the authorities will renegotiate the price agreement for the import of natural gas with the government of Iran shortly. An import agreement has been recently signed between the two countries for the supply of 750 million cubic feet per day (MMCFD) of natural gas by 2014. A $3.6 billion […]
Nov 15 2011 | Posted in
Business |
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