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 […]
Tethyan Copper Company lashes out at Balochistan Mining Committee for refusing their grant. Tethyan Copper Company (TCC), who applied for a mining lease in Chagai, Balochistan, were furious with Balochistan Mining Committee refusal. TCC has lashed out at the provincial licensing authority and claimed that they have breached mineral rules. Apart from that, TCC has […]
Nov 18 2011 | Posted in
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Pakistan |
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Social Media: The Best Friend of Young Entrepreneurs Starting of your own business even as early as 10 years ago seemed to be the hardest thing to do in the world, but now with the coming of the social media age, it has become a dream come true for the young generation, which is mostly […]
Nov 18 2011 | Posted in
Business,
Sci-Tech |
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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
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Politics |
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Tethyan Copper Company denied mining license by Balochistan Mining Committee The Reko Diq project, a mining venture to be carried out in Chagai, which was supposed to be awarded to Tethyan Copper Company, is now hanging in the balance as Balochistan Mining Committee has denied them mining license. On Thursday, November 18, 2011 Amanullah Kanrani, […]
Nov 17 2011 | Posted in
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Pakistan |
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Decision of Gas load management overturned by PM Gillani The decision of the Economic Coordination Committee for the curtailment of gas supply to fertilizer plants was overturned by Prime Minister Yousuf Raza Gillani to add another feather to the list of such lapses. The ECC approved a gas load management for November, 2011, but […]
Nov 17 2011 | Posted in
Business |
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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
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The internet giants Google, Facebook, Yahoo and Twitter opposes US online piracy bills The heavyweights of the online world Google, Facebook, Yahoo and Twitter joined forces to oppose the recent legislation in the United States Congress which intends to crack down the on the Internet piracy. According to the new US online Piracy Bills, additional […]
Pakistan IT ministry to adopt 3G technology A meeting between Pakistani Prime Minister, Syed Yousaf Raza Gilani, and high-officials is scheduled to take place on Thursday, November 17, 2011. It is expected that during the congregation the prime minister will approve the Third Generation (3G) telecommunications policy and will order the IT ministry to take […]
Nov 16 2011 | Posted in
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Pakistan |
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The new tablet released by Amazon.com, Inc. this week, named Kindle Fire, is expected to dismantle Apple, Inc.’s iPad sales progression in the first quarter of FY 2012. The new tab from Amazon is up for grabs in just $199 and it is not a cheap device that has a lot absent albeit a few […]
Nov 16 2011 | Posted in
Business |
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Apple, Inc. announced on Tuesday that Genentech, Inc.’s Arthur Levinson will chair their board of directors at Cupertino, California. The Chairman’s position was vacant since Steve Jobs passed away on October 5. Jobs resigned from the position of Chief Executive Officer in August due to health concerns, handing out the responsibility to Tim Cook, but […]
Nov 16 2011 | Posted in
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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 […]