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Sindh CNG pumps to observe two-day closure

Source: Geo News | 22-08-2013

KARACHI: Filling stations of Compressed Natural Gas (CNG) will remain closed across the province of Sindh for two days from 8 AM Thursday to the same time Saturday, according to an announcement of Sui Southern Gas Company (SSGC).

The closure of CNG, a low lost fuel used by thousands of private vehicles and 80 percent passenger busses, increases the difficulties of commuters, mostly those who travel by public transport.

During the CNG-less days, the transporters run fewer busses which add to the hardships of students, office goers, daily wagers and others, as they are already facing difficulties due to inadequate and insufficient number of public transport.

Euro zone April business activity nears 3-year high

Source: Dunya News | 24-04-2014

Euro zone business activity hit a near three-year high in April as a modest economic recovery gained momentum and began creating much-needed jobs, a closely watched survey showed on Wednesday. Market Economics said its Euro zone Composite Purchasing Managers Index (PMI) for April, a leading indicator of overall economic activity, jumped to 54 points f..... Read more

88pc increase in urea rate unjustifiable

Source: The Nation | 26-12-2012

The fertilizer industry has been manipulated by only seven manufacturers, as they have abused their position by hiking urea rates by 88 per cent from Rs 850 to Rs 1,600 per bag unjustifiably on excuse of gas shortage despite the fact that gas suspension impacted just 25 per cent of the total urea manufacturing capacity. Industry sources said t..... Read more

Aptma for optimum revenue generation

Source: The Nation | 21-02-2013

All Pakistan Textile Mills Association has said the Aptma is fully supportive to the revenue generation initiatives of the FBR but in a proper and fair manner. The harassment and threatening of registering FIRs under Section 37 (a) & (b) should be stopped to keep industry investment intact. This was observed in a meeting of the Aptma management held o..... Read more

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