News Brief

Zubair lauds role of industrial sector towards economic progress

KARACHI (APP): Governor Sindh Muhammad Zubair Thursday said that the industrial sector was playing an active role towards the economic prosperity in the country. He was talking to a delegation of the Korangi Association of Trade and Industry (KATI) at the Governor House here, under the leadership of its patron in chief, S.M. Muneer. The Governor pointed out that increase in industrial activities not only help spur economic activities but also contribute towards poverty alleviation and creation of job opportunities. He said that the government was taking steps on priority basis for the development and rehabilitation of infrastructure in the industrial areas. Zubair pointed out that in spite of electricity shortfall, the government ensured continued power supply to the industrial areas. Similarly, he added, mega projects have been initiated for water supply and sewerage in the industrial areas. Governor said that in the federal-govt assisted development projects, special attention is also being paid towards the industrial areas in the metropolis.

He said that in the Karachi Development Package there are also mega projects for development and rehabilitation of infrastructure in the industrial areas..

Zubair pointed out that after restoration of law and order, economic, industrial, social and cultural activities have enhanced and foreign investment has also increased.

He said that positive results have come to the fore due to the economic policies of the government.

The KATI delegation apprised the governor of the problems of the industries of the area.

 Consultative sessions on gas reforms

ISLAMABAD (NNI): Oil and Gas Regulatory Authority in collaboration with the World Bank has initiated country vide consultative sessions on Third Party Access Rules 2012, Network Code and Tariff Regime for the Gas Sector Reforms. In this regard, first session was held at Peshawar on November 30, 2017. A large number of stakeholders attended the session which include Sui Northern Gas Pipelines Limited, Kyber Pukhtunkhawa Oil and Gas Development Company Limited, KP Chamber of Commerce and Industry, parliamentarians, lawyers and general consumers/public. The World Bank consultant gave a detailed presentation on the TPA Rules and Network Code whereas Misbah Yaqub, Executive Director OGRA, gave presentation on tariff regime. The consultative sessions will now be held at Lahore, Karachi, Quetta and Islamabad.  The session was chaired by Chairperson OGRA, accompanied by Member Finance, Member Oil and senior management of the Authority. While concluding the session, Ms Uzma Adil Khan, Chairperson OGRA, said,

“We have initiated these consultative sessions for the input of all stakeholders which include the provinces, sui companies, lawmakers and consumers. The Authority will genuinely look into valid arguments and will address the concerns, if any”.

 PTCL, JAZZ top consumer complaint chart

ISLAMABAD (APP): PTCL leads the consumer complaint chart with 1,267 complaints received during October, JAZZ (Mobilink+Warid) stands at the second position as a telecom operator with 948 complaints lodged during the same period. Pakistan Telecommunication Authority has received 3,930 complaints from telecom consumers against the different telecom operators (including cellular operators, PTCL, LDIs, WLL operators and ISPs) in October 2017, according to data issued here. PTA said that it was able to get 95.65% percent of the complaints resolved. In terms of the segregation of complaints by individual operat rs, a total of 948 complaints were received against JAZZ (Mobilink+Warid) which is 37% of the total cellular mobile operator (CMO) related complaints. Cellular mobile subscribers constitute a major part of the overall telecom subscriber base, therefore, the maximum number of complaints belong to this segment. Total number of complaints against CMOs during October 2017 stood at 2,593.

Telenor was first with 761 complaints  i.e. 30% of the complaints were received against it. Zong stood third with 470 complaints i.e. with 18% of the total complaints. Ufone had 414 complaints against its various services which make up 16% of the total CMO related complaints.

 Motorcycles production up 24.78pc in first quarter

ISLAMABAD (APP): Production of motorcycles during first quarter of the year 2017-18 increased by 24.78 per cent while on month on month basis it also posted an increase of 17.59 per cent. During the period under review, the motorcycles production rose to 693,709 units in Jul-Sept (2017-18) from 555,952 units in first quarter of the year 2016-17. The production of jeeps and cars in the country increased by 31.37 per cent during first quarter (July-September) of 2017-18 compared to same period of the preceding year. During first quarter of current fiscal year, 57,642 units of cars and jeeps were produced in the country compared to the production of 43,878 units during the period Jul-Sept (2016-17), according to latest data released by Pakistan Bureau of Statistics (PBS). On month-on-month basis, the production of cars and jeeps by various brands in the country registered 27.09 per cent increase as it rose to 18,444 units in September 2017 from 14,513 units in September 2016.

Similarly, the production of Light Commercial Vehicles (LCVs) also increased to 7,178 units from 7,018 units in July-September (2016-17), showing an increase of 2.28 per cent while on months on month basis the production rose to 2,352 units in September 2017 from 2,230 units, showing an increase of 5.47 per cent.

During first three months of current fiscal year, 15,618 units of tractors were produced in the country compared to the production of 7,237 units in same period of last year, thus showing a sharp increase of 115.81 per cent.

On month-on-month basis, the tractors’ production increased by 117.61 per cent as it rose to 5,336 units in September 2017 from 2,336 units in same month of 2016.

Similarly, production of trucks also posted increase of 36.37 per cent to 2,452 units in Jul-Sept 2017-18 from 1,798 units in same period of last year while on month on month basis, the production of trucks increased by 52.5 per cent from 600 units in September 2016 to 915 units in same period of current year.

Production of buses however registered decrease of 20.97 per cent which went down to 294 units in Jul-Sept 2017-18 from 372 units in same period of last year while on months on month basis the buses’ production also declined by 20.34 per cent as it decreased to 94 units in September 2017 from 118 units in September 2016.

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