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Farhan Hameed
Joined on: Nov 30, -0001 Published stories: 70

Articles By Farhan Hameed

Tanneries demand water supply urgently

As the fertilizers and textiles industries are already suffering from the shortfall of natural gas and electricity, the tanneries operating in the country have started complaining about the lack of water supply as well. Acute water shortage in the peak operational season has broken serious outrage among the tanneries sector, especially in Karachi. Chairman of […]

Gas shortfall worsened; ECC puts the import of CNG kits under a ban

Another attempt from the government to put reins on the gas shortfall in the country became public on Thursday, when the Economic Coordination Committee (ECC) of the Cabinet imposed a ban on the import of CNG conversion kits and cylinders. The installation of new CNG kits in the vehicles will also be restricted immediately as […]

Demands rise in a number of domestic sectors across the country

Sales volume and value have increased in various important sectors in the initial five month of the current fiscal year (from July to November). It was reported on Wednesday that the domestic demand in the auto sales, oil consumption, cement sales, fertilizer usage and real estate has significantly risen in the last five months. Chief […]

PIA sinks further; losses exceed Rs. 100 billion

National flag carrier of the country, Pakistan International Airlines (PIA), keeps bleeding heavy losses for the current fiscal year. The accumulative losses for the company have reached a staggering Rs. 100 billion as the airlines keeps sinking towards a point of no return. In a meeting of the National Assembly Standing Committee on Defence, held […]

Brokers decline two-year tenure for KSE directors’ office

In an extra-ordinary meeting called on by Karachi Stock Exchange (KSE) on Thursday, the stock brokers have unanimously agreed to reject the proposal of raising the term in office of the directors on the board of the bourse to two years. The KSE directors are currently having a one-year term at the office and a […]

Exporters annoyed on FBR’s notices

Federal Board of Revenue (FBR) has ignited rage among the exporters with its most recent notices, requiring the exporters to submit piles of records to the government authority. FBR has issued notices to exporter across the country seeking sales tax records under Section 25 of the Sales Tax Act 1990. The exporters are required to […]

Retailers not carving up the price relief with customers

Retailers not carving up the price relief with customers Despite of fall in the prices of pulses and sugar in the local whole sale market (Dandia Bazaar) in Karachi, the retailers are not willing to pass on the relief to the consumers. A persistent decline in the sugar prices has been observed in the sugar […]

Lenders pressurise the government to review the Kalabagh Dam project

International lenders are pressing the Pakistan government to reconsider the Kalabagh dam project as a priority water sector project and bring up constitutional amendments in the parliament for cost and benefit sharing of new reservoirs among the related stakeholders. A reports was issued by the water task force of the Friends of the Friends of […]

Obama refuses to offer formal commiserations on NATO strike

President of the United States, Barack Obama, is not considering offering formal commiserations to the government and armed forces of Pakistan over the NATO airstrike last week. Pakistan army lost 24 precious lives in an airstrike from the United States and NATO last Saturday, putting the Pak-America relations into jeopardy. NATO supply line to Afghanistan […]

White House desires to maintain ties with Pakistan

Although Pak-American relations are going through a real rough road these, days, White House still wants to carry forward the this vital association for a longer time. The statement was released from the White House after the Prime Minister of Pakistan, Sayed Yousuf Raza Gilani, said that there would be “no more business as usual” […]

Farmers not happy with the sugarcane prices

Delight of sugarcane growers in Khyber Pakhtunkhwa (KP) over the bumper crop this season was tarnished by the support prices announced by the Sugar Control Board recently. The farmers have rejected the Rs. 25 increase per 40kg in the support prices this year, reaching Rs. 150 from Rs. 125 per 40kg last season. The growers […]

Iraqi envoy urges Pakistani investors to step forward

On his visit to Pakistan, Iraqi ambassador, Dr. Rushdi Al-Ani, encouraged the local businessmen to exploit the vast opportunities of profitable investment in Iraq. He invited Pakistani executives to enter into joint ventures with their Iraqi counterparts and cash the early advantage of making the most of the business opportunities his country has to offer. […]

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