Business - 43

Pakistan is to sell five Super Mashak aircraft to a private company of South Africa and the signing ceremony in this regard will be one of the salient features of the Ideas 2004 defence equipment exhibition opening here on Sept 13. Delivery of the 20 Super Mashaks, produced at the PAC Kamra, will commence soon. [...]

In an exclusive interview with The News, [Chairman Pakistan Telecommunication Authority] said the cell phone charges which were currently Rs 3 to Rs 5 per minute would come down to Rs 1.50 to Rs 2 per minute. The PTA chairman said that in the next two years, number of mobile connections would be enhanced from [...]

South Korea would train 30 Pakistani experts in broadband internet and e-government areas as part of enhancing cooperation between the two countries. The offer was made by Minister for Information and Communication of Korea, Daeje Chin during a meeting held in Busan, Korea, with Minister for Information Technology, Awais Ahmad Khan Leghari on Wednesday. Leghari, [...]

The Japanese bike-makers have begun slashing the prices of their products to attract more buyers. The move is aimed at improving market share and customer base at a place overjoyed over entry of the Chinese bikes (local and imported). Following a cut of Rs2,000 in the CG-125 and Rs4,000 in the CD-70 prices by the [...]

Recognising Pakistan for its innovative and highly successful policies aimed at increasing tele-density and reducing costs, ITU this year invited Awais Ahmed Khan Leghari, Federal Minister for Information Technology, to be a keynote speaker at the plenary session of the Conference. Only six Ministers were given this significant honour, with Leghari being the only politician [...]

Ericsson further strengthens its industry leadership in managed services by the signing of a services contract with Warid Telecommunications Pvt. Limited (Warid Telecom) in Pakistan. The contract with Warid Telecom covers the first phase of its nationwide GSM/GPRS network, covering 28 major cities. Under the contract, Ericsson will provide turnkey network design, deployment and integration [...]

Pakistan is an energy-deficient country and is a net importer of energy since the local fossil fuel reserves can meet only a small fraction of its needs. Pakistan however has been blessed with the more beneficial and sustainable alternative in the form of renewable energy resources. Renewable energy is the form of energy that is [...]

The domestic furnishing and upholstery industry in Panipat is in for competition as Pakistani weavers from Multan and Peshawar are capturing Indian markets. Their ethnic designs have already proved to be an instant hit in New Delhi. After capturing the world markets with their products, these weavers are now eyeing Indian markets, especially in North [...]

This revolutionary combustion technology, which is being successfully introduced in various environment friendly countries of the world, is the most effective pollution reduction device, which simultaneously provides economic benefit to the end user. The details of a pilot programme to be launched in this regard were discussed in a meeting between the Minister and the [...]

Broadcasting from state of the art studios and production facilities in Karachi, Islamabad and Lahore, CNBC Pakistan will transmit live programming in both Urdu and in English from a Pakistani perspective, 24-hours a day, 7 days a week. ‘CNBC Pakistan will be a notable addition to the Pakistani media landscape’, remarked Mr. Siddiqi, ‘and will [...]