Business - 16

Ukraine will set up 300 MW coal-fired power plant in Pakistan’s Sindh region at a cost of $600 million. The Sindh Coal Development Authority has signed a Memorandum of Understanding (MoU) with Ukraine’s Ukrinterenergo, The News daily reported Thursday. Under the MoU, the state-owned Ukrinterenergo will transfer technology to Fateh Group of Pakistan to set [...]

Dutch Company Royal Ten Cate has entered into collaboration with a Pakistani firm Nayyar Carpets. The joint venture is for production of artificial grass for hockey fields in Pakistan. Pakistan will have its own artificial grass production if the test run is successful, as Pakistan will also have a new product for export that would [...]

How can the identity and development of the top 100 name brands in Pakistan be helped by the government and private forces? While the challenges of building a finer image of Pakistan is on the forefront, the first question is, can a nation be branded? A country can pick and choose certain dynamic activities and [...]

Twenty foreign and local companies have shown interest in a windfarm project in Sindh (province of Pakistan). Initially, Mirpur Sakro and Keti Bandar had been marked the best for this purpose. This project would be further expanded by installation of more windpower generators on the coastal belt – onshore and offshore. The electricity produced through [...]

By the end of the year, Lahore could boast of one of the biggest amusement parks in the subcontinent. It would certainly be the largest in Pakistan. Further west, Kabul too is likely to get its first amusement park. And guess what, the promoters of both projects want the state amusement park association of ‘apna’ [...]

Workers’ remittances registered the highest ever increase in Pakistan’s history when a record amount of US$443.70 million was remitted in March 2005 compared to $329.67 million in March 2004, showing a jump of $114.03 million or 34.59 per cent. Pakistan received $3,050.51 million as workers’ remittances during the first nine months (July 2004 – March [...]

Pakistan yesterday launched its first locally designed car and joined an elite group of 16 countries to achieve the feat. A large number of car lovers, dignitaries and the officials of the manufacturing company attended the launching ceremony. The 800 cc Revo is being assembled at a plant in Karachi owned by Adam Motors. The [...]

Air blue under its Child Enrichment Programme took the students of four different private and NGO schools of the City to Nawabshah on a short trip to give them chance to enjoy the air journey. The students mainly belonged to middle class families and were very happy and enjoyed this short travel. Air blue has [...]

Jiangxi Copper Co., China’s largest producer of the metal, is spending $120 million on a copper and gold mine in Pakistan to secure more supplies of the metals, The company made an initial investment for the first-phase of development of the Saindak copper mine, The company will secure 20,000 metric tons of copper and 2 [...]

Yahoo! the world’s number one online media brand and the most trafficked Internet destination with more than 345 million unique visitors has launched Yahoo! Messenger for SMS in Pakistan with Mobilink, the country’s leading cellular service provider. The partnership between Yahoo! and Mobilink will see Yahoo! Messenger for SMS extended to well over 5 million [...]