Category: Business

Rawalpindi Ring Road Misses Sixth Completion Deadline Despite Major Construction Work

The Rawalpindi Ring Road project has missed its sixth deadline for completion and opening to traffic, raising further questions over when the long-awaited road link will become fully operational. Despite the delay, construction on the main 38.6-kilometer route has largely been completed. The remaining work includes the installation of toll booths and ongoing construction at […]

Pakistan Seeks Japanese Investment in Mining and Minerals Sector

Pakistan is looking to attract Japanese investment into its mining and minerals sector as the country seeks to unlock the economic potential of its natural resources. The Special Investment Facilitation Council (SIFC) has engaged Japan’s Sumitomo Corporation to explore investment opportunities in Pakistan’s mining and minerals industry, including emerging projects with significant investment potential. The […]

NICH Karachi Fire Safety Audit Flags Serious Risks on Three Floors

Serious fire safety concerns have emerged at the National Institute of Child Health (NICH) in Karachi after an official audit identified significant vulnerabilities on three floors of the hospital. The fourth, fifth and sixth floors of the major children’s healthcare facility have been declared highly vulnerable to fire hazards, raising concerns about the safety of […]

Electricity Bills Set to Rise by Up to Rs. 2.58 Per Unit in Pakistan

Electricity consumers across Pakistan are set to face higher bills after the National Electric Power Regulatory Authority (NEPRA) approved adjustments that could increase electricity costs by up to Rs. 2.58 per unit. The increase is expected to place an additional financial burden of around Rs. 46 billion on consumers. The higher charges will be reflected […]

CDA Orders Sealing of Federal Employees Housing Offices Over Rs. 57 Million Dues

The Capital Development Authority (CDA) has initiated action against the Federal Employees Cooperative Housing Society (FECHS) over alleged violations involving approved layout plans and outstanding payments exceeding Rs. 57 million. According to the authority, total fees, penalties and other outstanding dues linked to the Jinnah Garden housing schemes have reached approximately Rs. 57.482 million. CDA’s […]

CDA Directed to Resolve PIDE Land Dispute After Rs. 4 Billion Payment

The Capital Development Authority (CDA) has been directed to resolve a long-standing land issue involving the Pakistan Institute of Development Economics (PIDE), after the institution reportedly waited six years for the allotment of land despite paying around Rs. 4 billion. Federal Minister for Planning Ahsan Iqbal called for an immediate resolution of the matter on […]

Uzbekistan Becomes Second Foreign Operator of China’s J-10CE Fighter Jets

Uzbekistan has confirmed that it has joined a growing list of countries operating Chinese-made J-10CE fighter jets, becoming the second foreign country to induct the advanced aircraft into its air force. The development marks another important step for China’s military aviation exports and strengthens Beijing’s position in the Central Asian defense market. It also highlights […]

Punjab Plans Major Upgrade of Lahore’s Ferozepur Road

Lahore’s Ferozepur Road is set for a major transformation as the Lahore Development Authority (LDA) prepares a comprehensive plan to improve the road and its surrounding areas. The proposed project covers approximately 15 kilometres, stretching from Lahore Canal to Gajjumata. The LDA Engineering Wing has prepared the development plan with a focus on sustainable urban […]

Islamabad’s Park Road Underpass Nears Completion With New Traffic Direction Boards

The Capital Development Authority (CDA) has installed directional boards at the under-construction Park Road underpass in Islamabad, providing motorists with an early indication of how traffic will be managed once the facility becomes operational. The development is part of ongoing efforts to improve traffic flow and road connectivity in the federal capital. The Park Road […]

Estimated Cost of New M-10 Motorway Connecting Karachi and Hyderabad Revealed

The government has confirmed that work is underway on a proposed new M-10 motorway that will provide a direct road connection between Karachi and Hyderabad, potentially creating a major addition to Sindh’s transport infrastructure. The development was shared in the National Assembly during Question Hour, where the federal parliamentary secretary for communications provided an update […]

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