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Author Archives: CT Report

PM’s youth development programme supporting women

FAISALABAD: The Prime Minister Youth Skills Development Programme is an important step of the government which is helping women to earn their livelihood with honour. This was stated by Regional Director National Vocational Training Commission Hajji Muhammad Dogar while presiding over a meeting at Social Welfare Complex of Sanatzar. He said all arrangements were being finalized to implement 3rd phase ... Read More »

Ship carrying 15,000 tons rice dispatched from Pakistan to Cuba

ISLAMABAD: A ship carrying 15,000 tons rice has been dispatched from Pakistan to Cuba as gratitude for the country’s support to Pakistan after 2005 earthquake. The decision to this effect was taken under the directives of Prime Minister Muhammad Nawaz Sharif who has said that Pakistan would extend all possible assistance and help to Cuba, said a PM House statement. ... Read More »

Marvi says to introduce corruption, mafia-free system for BISP

KARACHI: Minister of State and Benazir Income Support Programme (BISP) Chairperson Marvi Memon has said that a corruption and mafia-free system is being introduced for the BISP. She said this while talking to the elected-representatives of the local bodies at the Pakistan Institute of Management. Marvi urged the local body representatives to serve the poor in collaboration with the management ... Read More »

Pakistan to continue support AIIB: Dar

ISLAMABAD: Pakistan will continue to support China-based Asian Infrastructure Investment Bank (AIIB), said Federal Finance Minister Ishaq Dar, who is in Beijing to take part in the bank’s launching ceremony. The minister, who also attended the first meeting of the bank’s Board of Governors, hoped that the bank would work well together in conjunction with other development banks and supplement ... Read More »

Microsoft to introduce only Windows 10-supportive processors

WASHINGTON: Microsoft is going to introduce only Windows 10-friendly processors soon that will not even support windows 7 or 8. The company has announced a change to its support policy that lays out its plans for future updates to its older operating systems, and the new rules mean that future PC owners with next-generation Intel, AMD, and Qualcomm processors will ... Read More »

Astronomers discover second largest black hole in Milky Way

WASHINGTON: A new black hole has been discovered that is being called the second largest in Milky Way. The astronomers have detected signs of an invisible black hole with a mass 100 thousand times that of the Sun around the centre of the Milky Way. The team assumes that this possible “intermediate mass” black hole is a key to understanding ... Read More »

Pakistan to become world’s 25th largest economy in 10 years: Ahsan

LAHORE: Federal Minister for Planning, Development and Reforms Prof Ahsan Iqbal has claimed that Pakistan would become world’s 25th largest economy in next ten years under Vision 2025. Addressing the three-day Pakistan Coating Show (January 15-17) here at Expo Centre, he viewed that export sector had the key to achieve this goal and private sector’s role was very crucial for ... Read More »

Foreign direct investments to reach $1.3b by June

ISLAMABAD: The foreign direct investments (FDI) into the country are expected to touch $1.3 billion or more by the end of this year due to encouraging first six months figures as compared to the last year in the same period. It was disclosed by a Board of Investment (BOI) spokesman. According to FDI statistics for the first six months of ... Read More »

23.5MMFC daily production: Huge gas reserves discovered in Khairpur

KHAIRPUR: New gas reserves have been discovered in Khairpur, Sindh. The Oil and Gas Development Company (OGDCL), in a press release, stated that the gas reserve was discovered after drilling 4468 meter deep underground. According to initial reports, around 23.5 MMFC gas was expected to be produced from the well on a daily basis once it was made functional, it ... Read More »

Rs 1.576b project: KP govt planted 115m saplings, grow 300m more

PESHAWAR: The Khyber Pakhtunkhwa government has claimed to plant 115 million sapling so far and grow 300 million more sapling in 4,285 private and 312 public sector nurseries for planting in the year 2017 under “Billion Tree Tsunami Project” (BTTP) at a cost of Rs 1,576 million (Rs 1.576 billion). The number of tree plantation will reach to 250 million ... Read More »

Integrated plan introduced to enhance wheat production in AJK

MIRPUR: With the aim to boost wheat production in Azad Jammu and Kashmir (AJK), an integrated plan has been launched in the state, official sources said. About 800 metric tons of high quality approved wheat seed has reportedly been supplied recently to the growers in all AJK districts in line with their requirement, the sources told APP. They said cultivators ... Read More »

PSDF gives employment visas to 73 trainees

LAHORE: The Punjab Skills Development Fund (PSDF) has distributed 73 employment visas to its trainees. A total of 73 trainees from various districts of the Punjab, mostly from southern Punjab, received visas to work in the Gulf Cooperation Council (GCC) countries. These trainees have been trained by Malsol Technical Training Services with funding from PSDF. PSDF Chairman Ijaz Nabi, CEO ... Read More »

Aptma, Chinese commerce ministry join hands to boost export

LAHORE: The All Pakistan Textile Mills Association (Aptma) and Ministry of Commerce China, Weihai have joined hands to explore the potential of joint ventures and investment opportunities in textile sector of Pakistan and inked an MoU in this regard. The Ministry of Commerce China, Weihai has also invited the Aptma to visit China in May this year. A 20-members Chinese ... Read More »

Sindh govt allots 18,251-acre land for 33 wind, solar projects of 2040MW

KARACHI: The Sindh has allotted 18,251-acre land for 33 solar and wind projects in the province. Chief Minister Syed Qaim Ali Shah has said that the investment of $4 billion in the energy sector to produce 2040MW solar and wind power would bring a revolution in the country. Chief Minister Syed Qaim Ali Shah, addressing the land allotment ceremony, said ... Read More »

Nawaz rejects draft of trade policy 2015-18

ISLAMABAD: Prime Minister Nawaz Sharif has directed the Trade Ministry to formulate an effective policy after rejecting new trade policy draft of 2015-2018. While briefing to Standing Committee on Trade, Secretary Commerce Shahzad Arbab said Saturday that PM has directed the Ministry to take solid measures in new trade policy to increase exports. As per the direction, the Commerce Ministry ... Read More »

Need stressed for focusing on Bulgaria to promote exports

ISLAMABAD: Pakistan Ambassador-designate to Bulgaria A.S.Babar Hashmi visited Islamabad Chamber of Commerce and Industry (ICCI) to discuss the possibilities of improving bilateral trade between Pakistan and Bulgaria and stressed that businessmen should focus on Bulgaria as it was a gateway to enter South-Eastern Europe for promoting Pakistani trade and exports. He said that many Pakistani goods including leather products, surgical ... Read More »

Obama to attend Detroit auto show

NEW YORK: President Obama is planning to attend the North American International Auto Show in Detroit next week. Obama will visit the exhibition on Wednesday to highlight the turnaround in the U.S. auto industry under his watch and tout the administration’s pledge earlier this week to spend $4 billion on testing self-driving cars, according to Transportation Secretary Anthony Foxx. “Yesterday, ... Read More »

Obama to attend upcoming Detroit auto show

NEW YORK: President Obama is planning to attend the North American International Auto Show in Detroit next week. Obama will visit the exhibition on Wednesday to highlight the turnaround in the U.S. auto industry under his watch and tout the administration’s pledge earlier this week to spend $4 billion on testing self-driving cars, according to Transportation Secretary Anthony Foxx. “Yesterday, ... Read More »

US Customs seizes hashish oil, cocaine at Paul International Airport

MINNEAPOLIS: U.S. Customs and Border Protection at the Minneapolis-St. Paul Internatonal Airport seized cocaine and hashish oil from the luggage of two U.S. citizens returning from Cozumel, Mexico, on January 10. A 31-year-old male and 28-year-old female attempted to conceal nine grams of cocaine and 41 grams of hashish oil in their luggage. After discovery and seizure of the narcotics, ... Read More »

US Customs seizes $52,029 in meth at Veterans International Bridge

BROWNSVILLE: U.S. Customs and Border Protection officers at the Brownsville Port of Entry intercepted a load of alleged methamphetamine at the Veteran’s International Bridge. CBP officers discovered the alleged narcotics, valued at approximately $52,029, hidden under the clothing of a man attempting entry into the United States. “Drug smugglers will try different ways to introduce narcotics into our country,” said ... Read More »