Misc.

Islamabad: Fiscal resources is not the real challenge but it is the appropriate utilization, the country is facing the worst financial crisis of its history and the nation is looking at the budget as to whether it eases their ongoing sufferings or adds to their woes. Dr Pervez Tahir, former chief economist at the Planning Commission of Pakistan, Sakib Sherani, Former Principle Economic Advisor, Ministry of Finance, Dr Athar Maqsood Ahmed, Head of economics department at National University of Science [...]

Peshawar: A bomb attack Saturday on a NATO fuel tanker headed to Afghanistan sparked a huge fire that killed 15 people who had rushed to collect petrol leaking from the bombed-out vehicle. Those killed in the attack near Landi Kotal town in the lawless north-western Pakistan tribal region of Khyber were all civilians, nine of them from the same family, local administration official Shafeerullah Wazir told AFP. Earlier, 11 other NATO supply vehicles, “most of them oil tankers” were destroyed [...]

Karachi: This is to inform you that with effect from May 13, 2011, the name of Shell Gas LPG (Pakistan) (SGLL) Limited has been changed to Burshane LPG (Pakistan) Limited. Enclosed herewith is a copy of the Certificates of Incorporation on Change of Na...

Islamabad: Upon interest shown by the prospective investors and on their request, the Privatisation Commission (PC) has extended the dates for receiving the Expression of Interest (EOI) and Statement of Qualification (SOQ) for the privatisation of 88 % shares of Heavy Electrical Corporation (HEC) on, as is where is basis. The PC has received EOIs from various parties and in order to respond to the interest of the prospective parties and to have more competition through maximum participation the dates [...]

Islamabad: Benazir Income Support Programme (BISP) has signed a Memorandum of Understanding (MoU) with State Life Insurance Corporation of Pakistan (SLIC) aiming to provide health insurance facility to all its registered beneficiary families across Pakistan. The MoU was signed by Ms. Farzana Raja, Chairperson BISP and Shahid Aziz Siddiqui, Chairman State Life Insurance Corporation while other high level officials were also present on the occasion. It was mutually decided that a pilot project of the health insurance for beneficiary families [...]

Karachi: Pakistan State Oil, the largest energy sector company in Pakistan, is dedicated to promoting safe usage of CNG across the board. PSO who prides itself on its status of being a market leader both in terms of number of CNG stations and market share amongst all OMCs in the country recently held a series of Customer Safety Awareness campaigns at their CNG stations in multiple cities of Pakistan. The PSO team interacted with the customers and provided safety precautions [...]

Los Angeles: When devastating floods swept through the Nowshera District of Pakistan’s KPK province in July 2010, Laiq Jan—a farmer and father of four young children—lost both his home and his source of livelihood. The rush of water destroyed much of his small mud house located near the river bank, ruined his personal belongings, and took away two of his most valuable and life-sustaining possessions: a cow and a goat. Lacking the resources to rebuild his home, and suffering from [...]