Contracts between public and private sectors operate with a ‘trust deficit’

ACCA’s global survey about public procurement reveals South Asia respondents want polices that give transparency to the public  Karachi,7 December 2020: Governments around the world have faced challenges with public procurement due to the COVID-19 crisis, testing their ability and capacity to react quickly and efficiently to deliver life-saving goods and services to the public, asserts a…

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HUBCO 330MW ThalNova Power Thar Private Limited achieves financial close

Karachi, October 01, 2020: The Government of Pakistan has notified the achievement of Financial Closing by ThalNova Power Thar Private Limited (TNPTL), an associated company of Pakistan’s largest Independent Power Producer, The Hub Power Company Limited (Hubco) at a ceremony chaired by Mr. Shah Jahan Mirza, Managing Director Private Power & Infrastructure Board (PPIB) in…

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Govt must support private sector in rapid development of Sialkot: President SCCI

Karachi, August 25, 2020: “Sialkot needs massive development but governments, both Federal or Provincial, are not providing financial resources despite the importance of Sialkot as a leading center of seven important export sectors. The Sialkot private sector has contributed its own funds to repair roads, build an Airport, set up schools for children of workers,…

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COVID-19 panic may raise further

Karachi, June 12, 2020: Ahmed Chinoy Chairman of Pakistan Cloth Merchants Association has said more than 15 million people are living in Karachi and only 15 Government, private and charitable hospitals are dealing with Coronavirus patients. He has requested the Government to increase the number of beds at HIGH DEPENDENCY UNITS (HDUs) & INTENSIVE CARE…

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