Islamabad, Oct 31: Petroleum Companies Allocate Only 22% of CSR Funds for Social Welfare Initiatives. Only 22% of petroleum companies’ corporate social responsibility (CSR) money have been used for social welfare, according to information presented Thursday to the National Assembly Standing Committee on Energy. Significant sums of CSR monies are still underused in every province. While Punjab has Rs. 1.31 billion with only Rs. 427.4 million spent thus far, Khyber Pakhtunkhwa has Rs. 1.44 billion that is unused. The committee was informed by the petroleum secretary that although 19 petroleum companies have been contributing CSR funds for community development on…
Author: Iqra Khan
Islamabad, Oct 31: Faysal Bank Partners with Zaman Foundation to Provide Clean Drinking Water in Tharparkar. One of Pakistan’s top Islamic banks, Faysal Bank Limited (FBL), is honored to work with the Zaman Foundation to install a solar-powered reverse osmosis (R.O.) water filtration system that will provide the residents of Ramiyo Gajju with clean drinking water. In addition to resolving the village’s 78-year battle for clean drinking water, this project gives the people more power by promoting healthier living conditions and increasing involvement in sustainable development. Support from Faysal Bank for a cutting-edge solar-powered filtration plant is a prime example…
Islamabad, Oct 31: Gold Price in Pakistan Declines After Reaching Record High. Pakistan’s gold price fell little on Thursday after hitting a record high of Rs. 287,900 per tola the day before. The All-Sindh Sarafa Jewellers Association released data showing that the price of 10 grams of gold dropped by Rs. 600 to Rs. 246,228 and the price of 24 carat gold fell by Rs. 700 per tola to Rs. 287,200. According to the Association, the price of ten-gram 22-karat gold dropped from Rs. 226,259 to Rs. 225,709. While the price of ten-gram silver jumped by Rs. 85.73 to Rs.…
Islamabad, Oct 31: PM Shehbaz and Qatari PM Discuss Enhanced Trade and Investment Cooperation. Sheikh Mohammed bin Abdulrahman Al-Thani, the prime minister of Qatar, met with Prime Minister Shehbaz Sharif on Thursday. The two leaders talked about ways to improve their bilateral ties, with a special emphasis on expanding cooperation in sectors like commerce, investment, energy, and cultural exchange. According to a press release from the PM Office, two leaders agreed during the “very extensive and productive” conversation on the value of maintaining high-level interactions to advance understanding, encourage collaboration, and pinpoint new areas for development. During his two-day official…
Islamabad, Oct 31: Ambassador WADA of Japan to Pakistan Bid Farewell to Pakistani Dignitaries and Friends.Pakistan is a country that is very friendly to Japan. Pakistani people are very patient and resilient and the country has huge potential: Ambassador WADA. H.E. Mr. WADA Mitsuhiro, Ambassador of Japan to Pakistan, on 30th October 2024, hosted a reception at his Official Residence in Islamabad to bid farewell to Pakistani dignitaries and friends. Ambassador WADA is going to leave Pakistan on 19th November and will take up his new assignment as Ambassador of Japan to Croatia. Ambassador WADA assumed his office in October…
Islamabad, Oct 31: Nothing Phone (2a) Plus Community Edition: A Smartphone Designed Completely by Fans. In an effort to engage fans in ways that go beyond conventional smartphone firms, Nothing has developed a special relationship with its community. A limited version of the Nothing Phone (2a), which later became the Nothing Phone (2a) Plus, was created by Nothing with community participation six months ago. In this four-stage collaboration, winners collaborated with the Nothing team to refine their concepts. The finished result, a firefly-inspired glow-in-the-dark version, doesn’t need any electricity from the phone itself; it just needs daylight to glow. Community…
Islamabad, Oct 31: CNG Stations Closing Down Nationwide Amid Energy Shift. As part of its winter gas load management plan, the Federal Ministry of Petroleum has decided to shut down all of Pakistan’s CNG stations in December and January. The goal of this action is to provide natural gas priority for domestic consumption in the winter. This proposal also calls for a two-month supply halt for companies that use gas to generate electricity. From December 1, 2024, to January 31, 2025, the Sui Northern Gas Company Limited (SNGCL) has been directed to carry out these closures, which will impact Punjab,…
Islamabad, Oct 31: Hubco to Set Up EV Charging Stations Across Motorways, Highways, and Key Cities. The primary stock exchange was notified on Thursday by the Hub Power Company Limited (PSX: HUBC) of its intentions to establish electric charging stations throughout the nation. “A new venture, Hubco Green (Private) Limited, is in the process of incorporation with the goal of installing EV charging infrastructure across the country, including motorways, highways, major cities, and destination charging avenues,” the stock filing said, in keeping with our initiative in the Electric Vehicles (EV) domain. “As part of our dedication to establishing a domestic…
Islamabad, Oct 31: Islamabad Reduces Bike Lane Project to 10 KM Pilot Test Run. Instead of going with the initial 374-kilometer plan for Islamabad’s bike lane project, city administrators have changed their minds and chosen a smaller, 10-kilometer test project. This pilot will run from sectors G-5 to F-10 along Khayaban-i-Iqbal Road, also referred to as Margalla Road locally. A massive cycling track project for Rs. 2.8 billion was started earlier this year by the Capital Development Authority (CDA), but work was halted after barely 500 meters. The CDA’s emphasis on idea testing prior to committing to a full-scale project…
Islamabad, Oct 30: PM Meets Vietnamese Counterpart, Proposes Exchange of Trade and Business Delegations. In a meeting with his Vietnamese counterpart Pham Minh Chinh on Wednesday, Prime Minister Muhammad Shehbaz Sharif emphasized the two nations’ enormous potential for further trade and investment cooperation while expressing Pakistan’s wish to strengthen its ties with Vietnam. The two leaders talked about measures to improve bilateral ties, especially in trade and investment, during their meeting on the fringes of the 8th Future Investment Initiative (FII) Conference here. To further investigate these prospects, Prime Minister Shehbaz suggested that business delegations and trade representatives be sent…
