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Articles for tag: Aviation, CAA, Govts, overhaul, PIA, privatization, reflects, resolve, sector

December 24, 2025

News Desk

PIA privatization reflects govt’s resolve to overhaul aviation sector: DG CAA

A representational image of the PIA plane. — APP/File Pakistan Civil Aviation Authority (PCAA) Director General Nadir Shafi Dar said on Tuesday that the successful privatization of Pakistan International Airlines (PIA) was a clear demonstration of the government’s determination to transform the country’s aviation sector. In a statement, Dar credited Defense Minister Khawaja Asif and Defense Minister Lt. Gen. Muhammad Ali for providing critical support that allowed the PCAA to make key reforms, leading to the lifting of air restrictions imposed by the European Commission and the United Kingdom. He said the removal of these restrictions was instrumental in the

November 29, 2025

News Desk

$36 billion in logistics loss sparks calls for digital overhaul

At CAREC Forum, ADB Announces Plans to Invest Over $10 Billion to Support Projects to Create a Digitally Connected Region While infrastructure projects have brought critical improvements in energy generation, transport connectivity and logistics, they have also burdened Pakistan with mounting debt. photo: file LAHORE: Pakistan loses an estimated $36 billion a year to outdated, largely offline logistics systems – losses that experts say can only be reversed through rapid digitization and stronger public-private partnerships. It was unveiled during the Carec Business Forum in Bishkek, where global development partners, including the Asian Development Bank (ADB), renewed their commitments to cross-border

January 21, 2025

News Desk

How does an executive order work? Trump’s plan to overhaul politics

Listen to the article Donald Trump returned to the White House determined to make rapid changes to the administration, using executive order as his most immediate tool. On his first day, he focused on boosting domestic energy production and stalling diversity, equity and inclusion initiatives within federal agencies, among other measures. What is an executive order? Trump’s tool for quick government overhaul What are executive orders? Executive orders are directives by the president of the United States that describe how federal agencies should operate or what policies they must implement. They allow presidents to act quickly, bypassing Congress, but come

August 29, 2024

News Desk

The government will overhaul the nepotism-plagued Fis

The government has decided to revamp the bilateral development finance institutions, which have become prone to nepotism due to the appointment of favored bureaucrats to their boards. These board members receive fees of up to $5,000 (Rs 1.4 million) per meeting. Instead of focusing on their primary role of lending to industry and promoting foreign investment, these financial institutions have invested heavily in public debt, using loans from the State Bank of Pakistan (SBP). These boards, often filled with people who lack relevant expertise, have overlooked violations of the Charter. Finance Minister Muhammad Aurangzeb decided to restructure these companies and

August 20, 2024

News Desk

The Cricketers’ Association to overhaul the sport’s ‘broken’ structure

Pakistan players look disappointed after South Africa won the match by 1 wicket.— Reuters/File The World Cricket Association has launched a ground-breaking review of the sport’s “broken and unsustainable” programme, AFP was mentioned. The players’ association, formerly known as FICA, plans to propose a solution that allows international cricket leagues and domestic leagues to “co-exist on a clear, coherent calendar” for all. Former England and Wales Cricket Board chief executive Tom Harrison and former Pakistan women’s captain Sana Mir are part of a six-strong panel that will work with independent advisers on the review. They will make recommendations to the

August 6, 2024

News Desk

EnVen resumes production after $50 million overhaul

KARACHI: Pakistan’s largest fertilizer plant, Engro’s EnVen, has restarted production after a 55-day, $50 million cost recovery, coinciding with the ongoing wheat sowing season. The plant, with an installed production capacity of 1.3 million tonnes, is back in operation, but this will not offset the expensive import of urea as the government has approved the import of 100,000 tonnes to maintain stocks during the winter crop production season. Speaking to The Express Tribune after a corporate briefing held by Engro Corporation, Optimus Capital Management (OCM) analyst Areeba Nasir said there is no connection between EnVen’s return to production and the

July 20, 2024

News Desk

Google will remove low-quality apps from the Play Store in a major security overhaul

Google is making efforts to strengthen security by deleting malicious apps from the Play Store. —Samsung Google is ready to make Android as secure as possible with a special focus on app security. Despite its existing security features such as Google Play Protect, the problem of dangerous apps on the Play Store remains. As a result, Google recently announced that it will clean up the Play Store in six weeks. In a major move to improve app security and user experience, the internet giant is updating its spam and minimal functionality policy, targeting apps that don’t meet high standards of

March 16, 2024

News Desk

Pakistan is working with the Gates Foundation to overhaul the FBR

Islamabad: Pakistan struck a deal on Friday to use the resources of the Bill and Melinda Gates Foundation to improve the poor efficiency of the Federal Board of Revenue (FBR), aiming to strengthen an extremely narrow tax base and low collection. A Memorandum of Understanding (MoU) was signed by representatives of the FBR and Karandaaz Pakistan – an entity funded by the UK Foreign, Commonwealth and Development office and the Bill and Melinda Gates Foundation. Karandaaz Pakistan CEO Wakasul Hasan also met Finance Minister Muhammad Aurangzeb before signing the agreement. Aurangzeb has vowed to fully digitize the FBR, aiming to

February 2, 2024

News Desk

Industrialists are asking for customized financing, infrastructure overhaul

KARACHI: Leading industrialists have presented proposals to boost the national economy to the incoming government. Their recommendations include establishing a low-cost personalized financing system, developing an urban and coherent industrial policy, rehabilitating damaged road infrastructure and implementing a one-stop shop, among other initiatives. Speaking to The Express Tribune about the expectations from the incoming elected government after the 2024 general polls, business leaders highlighted the need for a tailored low-cost financing scheme specifically for the construction of industrial units in the small and medium sector. They emphasized the importance of media as the backbone of any country. Site Association of

January 31, 2024

News Desk

ECP excludes caregivers from FBR overhaul for limited mandate

The caretaker prime minister said from the ECP that their role is limited to day-to-day matters necessary to manage government affairs Caretaker Prime Minister Anwaar-ul-Haq Kakar chairs the federal cabinet meeting in Islamabad on January 30, 2024. — PID The ECP directive comes after the cabinet approved the FBR restructuring plan. The legislation is to be made by the next elected government: official. The plan seeks to increase FBR’s tax to GDP ratio to 18% in 5 years. The caretaker federal government has been barred from carrying out structural reforms in the Federal Board of Revenue (FBR) and has been

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