A question is doing the rounds these days about the ownership of research centres belonging to the Pakistan Tobacco Board (PTB) after the federal government’s decision to transfer the organisation’s control to Khyber Pakhtunkhwa. The board possesses properties spread over 484 kanals in KP, 654 kanals in Punjab and 160 kanals in Balochistan. It has no assets in Sindh. In KP, the PTB has a sprawl
The Senate on Tuesday okayed highly contested changes to the Prevention of Electronic Crimes Act (Peca), without allowing any amendments to be moved, amid protests by the opposition and a walkout by journalists from the press gallery. The controversial legislation is all set to become law and, since it has already been passed by the National Assembly, only requires the assent of President Asif
Pakistan will present three high-impact projects worth $580 million in hydropower and communication sectors to secure funding at the fourth international conference on financing for development in Spain in June. The United Nations Development Programme (UNDP) has completed feasibility studies of the three SDG-aligned projects, which include $38.4m for a 10.96MW Mehar hydropower project in Kasur
Commerce Minister Jam Kamal Khan assures the European Union of adhering to 27 international conventions to avail of the trade benefits under the Generalised Scheme of Preferences Plus (GSP+) scheme. On Tuesday, the minister gave the assurance at a meeting with EU Special Representative for Human Rights Ambassador Olaf Skoog to discuss ways to strengthen the partnership through trade and economi
While state-owned power distribution companies have sought an over 400 per cent increase in security deposits from consumers, two federal ministers advocated for cheaper electricity rates for industrial consumers and the rationalisation of the ‘disproportionate tax burden’ on the salaried class in the coming months. At an event organised by the Pakistan Business Council, Finance Minister Muhamm