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Tag Archives: GoP

Sony hires FireEye mandiant to resolve internal security infringe

CALIFORNIA:Sony tap Mandiant security firm  to help for clean up after so far another destructive cyber attack. The electronics giant was dealing with the result of network interruption, and as a result, was forced to shut down Sony Pictures Entertainment computer systems. FireEye’s Mandiant forensic squad, with the combination of US Federal Bureau of Investigation (FBI), is assisting with the ... Read More »

ECC allows 0.5m tonnes sugar export, imposes 20pc duty on import

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has allowed export of 500,000 tonnes of sugar and imposed 20 per cent regulatory duty on its import to facilitate sugar industrialists, who are facing financial crisis. The committee meeting, presided over by Finance Minister Ishaq Dar, allowed export of surplus sugar recommended by the Ministry of Industries and Production with ... Read More »

6600MW Gadani Power Park worth Rs147b could attract only six firms

ISLAMABAD: Only six companies have submitted their Expressions of Interest (EoIs) against imported coal based Independent Power Producers (IPPs) of cumulative capacity of 6600 MW to be set up at Gadani Power Park in Balochistan. The EoI opening ceremony was held at Private Power & Infrastructure Board (PPIB), which was attended by the acting PPIB Managing Director Shah Jahan Mirza, ... Read More »

ECC okays 20pc duty on wheat import, Rs12b loan guarantee for PIA

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, under the chairmanship of Finance Minister Ishaq Dar, has decided to impose 20 per cent regulatory duty on the import of wheat due to rising trend of wheat imports despite a very good crop in the country. Meanwhile, the ECC also approved government guarantee for loans to PIA amounting to Rs12 ... Read More »

Disinvestment of 10pc govt shares in OGDCL approved

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) has planned to disinvest 10 per cent government shares in Oil and Gas Development Company Limited (OGDCL) by September, which would generate Rs80 billion. Finance Minister Ishaq Dar, while chairing the meeting of CCoP, blamed some unusual circumstances for delaying in transaction of OGDCL. “Unusual circumstances had delayed the transaction for almost three ... Read More »