Tag: Industries

Clarification by Ministry of Industries

The subject news item “No sugar being smuggled to Afghanistan” as published in Profit dated 23-07-2011 contained some inaccurate data. The news item states...

China may cut spending on strategic industries

China may rein in plans to invest heavily in seven new strategic industries, including high speed rail and wind power, scaling back cutting-edge projects...

Industries feel the heat of KESC employees strike

The SITE Association, representing over 3000 industries, is seriously concerned about the continuous strike observed by the employees of Karachi Electric Supply Company (KESC). The...

‘Champion industries’ designated

LAHORE - Apart from the restructuring of major state enterprises and industrial setup in the country, 'National Industrial Policy 2011 - Implementation Framework' has earmarked some preferred sectors or 'champion industries', including electronics, engineering, automobiles, transport and energy sectors, to achieve the objective of sustained economic growth.
Documents obtained by Pakistan Today reveal that National Industrial Policy 2011 - Implementation Framework recommends the

KESC blackmailing govt, SSGC again?

KARACHI - The Karachi Electric Supply Company (KESC) has begun subjecting the industrial sector to four hours of power breakdowns from Friday, on the premise of shortage of gas and subsequent low supply of electricity. The measure comes soon after citizens began witnessing a three to four hours increase in scheduled loadshedding in various areas.
Despite the closure of many markets, government and private offices, and educational institutions due to the strike in the city,

LCCI urges uninterrupted gas supply to industries

LAHORE - Criticising another 5-day gas suspension to industry in Punjab, the Lahore Chamber of Commerce and Industry (LCCI) said the decision would hit exports, productivity and government revenues hard. Prime Minister Yousaf Raza Gilani should intervene and help ensure regular supply of gas to industries.
In a joint statement issued here on Saturday, LCCI President Shahzad Ali Malik, Senior Vice President Sheikh Mohammad Arshad and Vice President Sohail Azhar said that the gas

City’s industries struck by load shedding again

KARACHI - The industrial sector of the city is again facing power load shedding lasting up to four hours after the Sui Southern Gas Company (SSGC) reduced gas supply to the Karachi Electric Supply Company (KESC).
Soon after the decrease in supply, the KESC started a four-hour long load shedding schedule in the industrial areas despite having the capacity and dual-fuel electricity generation plants, sources told Pakistan Today. The company is resorting to power shutdowns to

Holland to modernise Sialkot small industries

DASKA - A Holland-based organisation has announced to chalk out a developmental plan for modernising the Sialkot-based Small and Medium Enterprises (SMEs) to enable them to meet the global trade challenges in the era of World Trade Organisation (WTO).
Addressing a meeting of the district's business community held at Sialkot Chamber of Commerce and Industry (SCCI), a senior expert, Sjaak Vink from the Holland based organisation PUM, highly hailed the unique export culture of

Industries in buffer zone put residents’ health at risk

ISLAMABAD - In violation of the Capital Development Authority (CDA) rules and regulations, the elimination of the buffer zone between the industrial and residential areas in sectors I-9 and I-10 is posing a threat to the health of the capital's residents.
In Islamabad's master plan, the Industrial Area is isolated from residential areas by a buffer zone, but later CDA had converted the buffer zone into a commercial area and industries were constructed amidst populated area, with

SNGPL to increase gas load-shedding for Punjab industries

LAHORE - The crippling industry has been hit by another shock as Sui Northern Gas Pipelines Limited (SNGPL) has decided to increase gas curtailment hours for Punjab industries during January.
The SNGPL was supplying three and half days in a week gas to the industrial sector. This has now been increased to four days; sources said adding that load-shedding would be done on rotational basis.
This decision was associated with the cold temperature and rising demand of gas for

Pervaiz condemns gas load-shedding to industries

LAHORE
Member of the National Assembly (MNA) Mohammad Pervaiz Malik has condemned the decision of three day gas load-shedding in a week and termed it as a step to annihilate the whole industrial sector.
Mohammad Peraiz Malik, in a press statement issued on Tuesday, said that the condition of trade and industry was already fragile due to baseless policies of the present regime and thought that the gas load-shedding policy would completely collapse the industry.
He

SSGC to curtail gas to industries

KARACHI
Sui Southern Gas Company Ltd (SSGC) has appealed to the industrial units to voluntarily curtail gas consumption by 20 percent from October 27 to November 4.
A spokesperson of SSGC said on Friday that the company will face curtailment of 204mmcf of gas daily from Zamzama gas field as Annual Turn Around is being carried out by operators on the field.
SSGC spokesperson stated that Annual Turn Around of the Zamzama Field will severely hamper the company's capacity