The National Commission on the Status of Women (NCSW) hosted the pivotal conference “From Vulnerability to Resilience: Gender Climate Action in Pakistan” in partnership with Pathfinder and UNFPA at the Marriott Hotel, islamabad. This event reinforced NCSW’s dedication to fostering gender-inclusive climate resilience strategies in Pakistan. The conference gathered a diverse group from all provinces including goverments, climate activists, community leaders and private sector. NCSW Chairperson Nilofar Bakhtiar opened the session, highlighting the critical role of women in addressing climate change. She noted, “With 80 percent of those affected by climate change being women and children, their inclusion in decision-making…
Author: Iqra Khan
In 25 oil and gas sites throughout Pakistan, the Oil and Gas Development Company Limited (OGDCL) has created a plan for using geothermal resources.The oil and gas exploration and production business will conduct a pilot project in this respect, which will involve screening, evaluating, and choosing nine fields for in-depth investigation, assessing geothermal potential, modeling wellbores, and deciding on the next course of action. In order to create a plan for assessing the geothermal potential of 25 fields in Pakistan’s North, South, and Central basins that OGDCL has pre-selected, OGDCL will bring on board SLB, a multinational technology business. The…
The government has also agreed to fix the amount of sales tax on mobile phone imports, substituting the 18 percent sales tax under the modified Finance Bill 2024. It is also expected to block the bank accounts of non-filers, the initial Finance Bill 2024 included a provision to freeze the bank accounts of non-filers; however, the bill was not passed. The government may take into consideration a plan to restrict non-filers’ bank accounts until they are listed on the Active Taxpayers List (ATL) if they do not reply to notices.Bank deposits made by non-filers will still be accepted, but they…
Finance Bill 2024, a plan to raise the retirement age for civil servants, members of the armed forces, and public sector employees, was shelved by the federal government. A national newspaper said that while there is no longer much chance of raising the retirement age for government employees from 60 to 62/63, suggestions for pension reform that would alter pension payout terms are still being considered. The administration also intends to persuade the provinces to contribute to the cost of social protection programs such as the Benazir Income Support Programme (BISP) and to eliminate several ministries. The conclusions of a…
A Memorandum of Understanding (MoU) was signed by Master Motor Corporation and Yutong Bus Company to create a joint venture company and produce and assemble Yutong’s New Energy City Buses domestically in Pakistan. Yutong Master will become the nation’s first and sole manufacturer of city buses by establishing a brand-new greenfield plant for the business. The goal of Yutong’s New Energy City Buses, which come with electric and hybrid drivetrain options, is to help government initiatives to modernize Pakistan’s transportation infrastructure while also meeting the needs of public transit. On June 5, 2024, during Prime Minister Shahbaz Sharif’s visit to…
Honda Atlas Cars Limited has revealed a fantastic deal on the HR-V crossover SUV. The company just shared a social media message saying, “Celebrate 30 years of outstanding value! Reserve your HR-V VTI-S today to save Rs. 400,000.Terms and conditions apply; visit the Honda 3S dealership located nearest you. This is a temporary promotion. The top HR-V model, the VTI-S, is presently available for Rs. 7,899,000. It is currently available for Rs. 7,499,000 after the discount. This is the ideal chance if you love the Honda HR-V and have been thinking about getting one. Engine Specs A 1.5L naturally aspirated…
Finance Bill 2024, which would have placed a 25 percent sales tax on hybrid electric vehicles (HEVs), has been withdrawn by the federal government.The Ministry of Industries and Production vehemently opposed eliminating the 25 percent sales tax rate, therefore the current 8.5 percent tax rate on HEVs will stay in place. In their request, the Finance Division and the Federal Board of Revenue (FBR) were asked to reinstate the 8.5 percent sales tax. The Engineering Development Board (EDB) and the Ministry of Industries contended that the 25 percent tax went against the promises stated in the Auto Industry Development and…
Chairman of the Prime Minister Youth Programme (PMYP) Rana Mashhood Ahmed Khan on Wednesday said that departmental sports had been restored on the instructions of Prime Minister Mian Muhammad Shehbaz Sharif.Talking to the media, he informed that the players were suffering great difficulties due to the ban on departmental sports since September 2021. Chairman PMYP added that the early restoration of departmental sports became possible with the efforts of the Special Assistant to Prime Minister, Rana Sana Ullah.“The revival of departmental sports will promote sports and encourage sportspersons, “he said.Rana Mashhood further stated the Ministry of Inter-Provincial Coordination was…
According to a McKinsey & Co. poll, 75% of millennials and 66% of all respondents take sustainability into account when making purchases. Consumers are more likely to choose brands that share their beliefs when it comes to environmental stability in particular. According to a survey conducted by The Economist, consumers feel that governments and brands should work together to promote positive environmental change. Global internet searches for sustainable products have surged by 71% in the last five years. This pattern is not exclusive to developed nations. Concerns about climate change are also linked to consumer happiness in developing and emerging…
A new regulatory framework for Over-The-Top (OTT) services has been proposed by the Pakistan Telecommunication Authority (PTA), which suggests a 15-year license for these services in Pakistan. The public and interested parties may comment on the draft framework for the next fourteen days after it was posted on the PTA website.The draft framework defines over-the-top (OTT) services as any applications or services that are made available over the Internet, with or without network provider participation. Examples include social networks like Facebook, messaging apps like WhatsApp, streaming services like YouTube and Netflix, and tools for video conferences like Zoom. According to…
