August 2013

Toyota increases prices of 3 models by up to Rs 50,000

Daily Times report by Abrar Hamza 

KARACHI: The Indus Motor Company (IMC) on Thursday has decided to increase its three models’ prices by around Rs 20,000 to Rs 50,000 on the pretext of adjusting higher dollar value, it was learnt on Thursday.

IMC’s internal sources while confirming the news said that IMC has decided to raise its three vehicles’ prices including Corolla XLI and GLI by Rs 20,000, Altis by Rs 37,000 and Champ by Rs 50,000.Read More »Toyota increases prices of 3 models by up to Rs 50,000

Energy sector

Rejecting the huge jump in electricity tariff for industry from Rs 9.18/KWH to Rs 14.82 under the new energy policy, the All Pakistan Business Forum (APBF) executive committee asks the government to generate revenue through new investments in energy sector by attracting oversees Pakistanis introducing better regulations as economy cannot grow in presence of energy crunch.
Read More »Energy sector

6000 MW Thar Coal power plant

MOU between Sindh Engro, China Power and SSR

The Chinese power player of international repute, in collaboration with Engro and Sindh government would be working for setting up a 6000 power plant based on coal fired system.

In this respect, a Memorandum of Understanding (MoU) was signed between Sindh Engro Coal Mining Company Ltd (SECMC), China Power International Holding Ltd (CPIH), and Sino Sindh Resources (Pvt) Ltd (SSR) to develop 6000 MW of Thar coal based power plants in Sindh. Read More »6000 MW Thar Coal power plant

COUNTERING TERRORISM

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          ALI SUKHANVER

     Whenever we discuss the role of law enforcement agencies, particularly with specific reference to the continuous wave of terrorism in Pakistan, we simply ignore the reality that the role and responsibility of the law enforcement agencies is absolutely different from that of the intelligence agencies. And not only in Pakistan but all over the world, this difference in the working of law enforcement agencies and the things assigned to the intelligence agencies is very much obvious. An intelligence agency simply gets the information and passes it to the law enforcement agencies which work under the direct command of the local civil administration. If an intelligence agency fails in acquiring prior information regarding any terrorist activity, the agency must be taken to task; but in the   situation otherwise, that intelligence agency must not blamed of inefficiency.Read More »COUNTERING TERRORISM

Chinese firm to set up solar power plant in Punjab

LAHORE: An agreement was signed between Punjab government and prominent Chinese company in energy sector, ZTE, for cooperation in setting solar power plant, on Sunday.

Chief Minister Punjab Muhammad Shahbaz Sharif, secretary Energy, President of Chinese company Yu Yong and other officials were present. Secretary Energy and Vice President of ZTE signed the document. Under the agreement, the Chinese company will set up a 500 megawatt solar power plant. Initially, the Chinese company will establish a 300 megawatt solar power plant which will later be extended to 500 megawatt capacity.Read More »Chinese firm to set up solar power plant in Punjab

Software experts attack cars, to release code as hackers meet

 BOSTON: Car hacking is not a new field, but its secrets have long been closely guarded. That is about to change, thanks to two well-known computer software hackers who got bored finding bugs in software from Microsoft and Apple. Charlie Miller and Chris Valasek say they will publish detailed blueprints of techniques for attacking critical systems in the Toyota Prius and Ford Escape in a 100-page white paper, following several months of research they conducted with a grant from the US government.Read More »Software experts attack cars, to release code as hackers meet

Punjab Govt to develop Rs 3 billion industrial city

The Punjab government plans to develop a new industrial city at a cost of Rs 3 billion along motorway during current fiscal year 2013-14. However, a site is yet to be identified,

Official sources told APP on Friday that the government was attaching high priority to strengthening the industrial base and installation of new industrial units was imperative.

Though it is an uphill task as the government can not alone set up industries in good numbers, therefore, it has decided to establish an industrial city under public-private partnership. It also intends to offer lucrative incentives to private entrepreneurs. Read More »Punjab Govt to develop Rs 3 billion industrial city