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Wajahat Javed
Joined on: Nov 30, -0001 Published stories: 143

Articles By Wajahat Javed

Bhoja Air re-launches operations in Pakistan

Bhoja Air re-launches operations in Pakistan Karachi (Thursday, March 8, 2012): Bhoja Air has re-launched its operations in Pakistan after a span of nearly 11 years. Apart from Bhoja, two more airlines (Pearl and Indus Air) are in line to enter the Pakistani market. The addition of multiple brands will be a boon for the […]

Shell Petroleum profits plunges by 44 percent

Shell Petroleum profits plunges by 44 percent Karachi (Wednesday, March 7, 2012): Shell Petroleum, which is second largest oil marketing company, has seen its profits dip in Pakistan by an amount of Rs906 million (or 44 percent) during the year 2011. The sudden plunges in the profits are caused by the growing receivables that have […]

Government to attract investment in renewable energy sector

Government to attract investment in renewable energy sector Tuesday, March 6, 2012: The Government is considering waiving off duties on imports of parts of renewable energy plants. The government is looking to attract investment in the renewable energy sector and for the very reason has come out with this proposal. Such a step by the […]

Hiring of retired PAF employees will not benefit PIA believes Zakir Farooq

Hiring of retired PAF employees will not benefit PIA believes Zakir Farooq Monday, March 5, 2012: Pakistan International Airline (PIA) employees have raised concern over hiring of retired Air Force employees to top positions in the air line. The employees of PIA believe that by hiring ex PAF personals the government will cause the air […]

Bank Alfalah bags yearly profit of Rs3.5 billion in 2011

Bank Alfalah bags yearly profit of Rs3.5 billion in 2011 Saturday, March 3, 2012: Bank Alfalah has announced its yearly profits for the year 2011. The profits have reached a new peak in the 12-year history of the Bank with the amounts almost tripling than those registered in 2010. As per the recent announcement, Bank […]

NEPRA approves power companies’ demand of rise in power tariffs

NEPRA approves power companies’ demand of rise in power tariffs Thursday, March 1, 2012: Power Tariffs in most parts of Pakistan are going to be increased by about 39% after National Electric Power Regulatory Authority (NEPRA) approved the increase requested by the power companies. The power companies in the country had earlier requested NEPRA to […]

Finance ministry opposes the idea of providing subsidy on Oil Prices

Finance ministry opposes the idea of providing subsidy on Oil Prices Tuesday, February 28, 2012: After the increase in Price of CNG (Compressed Natural Gas) the next gift in-stored for the people of Pakistan is the rise in price of petroleum products. Oil and Gas Regulatory Authority (Ogra) tried its best to persuade the Finance […]

CNG prices once again take a hike

CNG prices once again take a hike Monday, February 27, 2012: The Government of Pakistan has once against increase the price of compressed natural gas (CNG). As per the latest updates, per kg price of CNG has been increased by Rs1.06 in Islamabad. The price of CNG now stands at Rs75.35 per kg. The basic […]

Government mulls over increasing the price of imported Fertiliser

Government mulls over increasing the price of imported Fertiliser Saturday, February 25, 2012: The Finance Ministry and the Planning Commission are considering a rise in price of imported Fertiliser. The proposal is put forward in order to taper the gap between locally produced urea and that imported from abroad. According to commendable sources, Fertiliser dealers […]

Pakistan and Iran to strengthen bi-lateral trade

Pakistan and Iran to strengthen bi-lateral trade Friday, February 24, 2012: Pakistan and Iran has decided to strengthen their relationship by signing a bi-lateral trade agreement. Both countries have come into a barter agreement under which Pakistan will export one million tons of wheat and 200,000 tons of rice to Iran and in return for […]

Pakistan all set to take off in wind energy claims Tariq Izaz

Pakistan all set to take off in wind energy claims Tariq Izaz Thursday, February 23, 2012: Tariq Izaz, Project Director of Fauji Fertilizer Company Energy Limited (FFCEL), claims that Pakistan is all set to take the lead in countries producing electricity through wind. The retired Brigadier held that this sector has grabbed the attention of […]

PTCL half-year earnings stand at Rs2.84 billion

PTCL half-year earnings stand at Rs2.84 billion Wednesday, February 23, 2012: PTCL (Pakistan Telecommunication Company Limited) has issues its bi-annually financial results. The companies’ half-year earnings, for the fiscal year ending December 31, 2012 stand at Rs2.84 billion. Walid Irshaid, Cheif Operating Officer and President of PTCL, after conducting a meeting with companies’ board of […]

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