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NAB Lahore arrest Khalid Mehmood Chadda, CEO PIDC

Lahore : NAB Lahore while taking action against accused Khalid Mehmood Chadda, Chief Executive Officer, Pakistan Industrial Development Corporation, and accomplice Muhammad Zubair by arresting both against charges of corruption and making a loss of Rs 11.25 Billion approx to government exchequer by illegal sale and procurement of land measuring ... Read More »

Bhikki project started power generation on trial basis

Lahore : Over 370 MW were added to national grid on Friday after the second turbine of the 1180 MW Re-Gasified Liquefied Natural Gas (RLNG) fired thermal power plant at Bhikki (Shikehupura) started generation on trial basis. Before this, the test run of the plant’s first turbine had been started ... Read More »

Transparency in the utilization of public funds would be ensured : Javed Anwar

Lahore : By strengthening system of internal audit at Pakistan Railways, transparency in the utilization of public funds would be ensured. Principal officers of Pakistan Railways should confirm transparency in spending of public money. Without accountability and clear audit, organization cannot move ahead. Chief Executive Officer, Railways Muhammad Javed Anwar ... Read More »

Chief Executive Officer PIA Bernd Hildenbrand visited Saddha Batolni village

Lahore : Chief Executive Officer PIA, Mr. Bernd Hildenbrand visited Saddha Batolni village in the vicinity of Havelian, where ATR 42 aircraft (AP-BHO) had crashed on the afternoon of December 7, 2016. Mr. Hildenbrand laid a wreath of flowers at the site and observed one-minute silence in remembrance of the ... Read More »

Chief Minister suspends CEO Lahore Parking Company

Lahore : Punjab Chief Minister Muhammad Shahbaz Sharif has expressed dissatisfaction over the performance of Lahore Parking Company and ordered suspension of Chief Executive Officer of the company Taseer Ahmad for failure to achieve the target of provision of proper parking facilities to the citizens. He was addressing a meeting ... Read More »

Shahbaz Sharif condoles Waheed Alam Khan MNA on his brother’s death

Lahore: Punjab Chief Minister Muhammad Shahbaz Sharif has expressed deep sense of sorrow and grief over the death of Naveed Alam Khan, brother of Waheed Alam Khan MNA, Justice Shahid Mubeen and brother-in-law of Gohar Butt, senior journalist and the death of mother of Iqbal Sandhu, Chief Executive Officer, Punjab ... Read More »

Global slowdown has damaged exports of all countries:SM Muneer

Lahore: Chief Executive Officer of Trade Development Authority of Pakistan (TDAP) SM Muneer on Wednesday said a plan has been finalised to boost national exports which will be presented soon to Prime Minister for approval. The plan will help improve GDP, forex reserves and employment rate while reducing current account ... Read More »

K-Electric Secures up to US$ 250 million in Financing from OPIC

Lahore: K-Electric Limited (“K-Electric”) and the Overseas Private Investment Corporation (“OPIC”), the U.S. Government’s development finance institution, have executed a commitment letter for a US$250 million, 10-year financing project in a signing ceremony attended by the Honorable Senator Ishaq Dar, the Finance Minister of Pakistan. The ceremony was held at ... Read More »

LCCI arranges “International Seminar on Business Opportunities in Punjab”

Lahore: With a purpose to take the private sector of Punjab on board and to brief the local business community about the upcoming “International Seminar on Business Opportunities in Punjab”, Punjab Board of Investment and Trade (PBIT) organized a seminar at Lahore Chamber of Commerce and Industry (LCCI) on October ... Read More »

Director General Projects Policy & Research Lubna Pathan visits Sindh Board of Investment

Lahore: Lubna Pathan, Director General Projects Policy & Research, Punjab Board of Investment & Trade, visited Sindh Board of Investment (SBI) in a called on meeting with Dr. Asif A. Brohi, Chairman Sindh Board of Investment. In the meeting during general discussion, DG PBIT deliberated upon the activities, vision, different ... Read More »

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