Port Qasim – BOL News Staging

Japanese Company Proposes To Start Ferry Service From Du Darya To Port Qasim

July 5, 2023July 5, 2023 by Muhammad Ali Shan

CM want to start water sports projects at Keenjhar and Guddu. Japanese Company will submit proposals to Sindh government. Company should hold meeting with departments to launch ferry service. KARACHI: The Japanese company proposed to Sindh Chief Minister Murad Ali Shah to start a ferry service from Du Darya to Port Qasim. Sindh Chief Minister … Read more

Enough of quota

March 6, 2022 by Shaista Zafar

KARACHI: Prime Minister Imran Khan is a staunch believer in meritocracy. Giving an example he said, “Australia is the most successful team as their system is based on recognising talent. Pakistan has the best cricket talent, but does not come to the fore because there isn’t a system of merit”. An effort was also made … Read more

The growth accelerator

February 13, 2022 by Muhammad Zubair

KARACHI: Toyota will invest over $100 million for the local production of hybrid electric vehicles (HEVs) in Pakistan. The investment would go towards localisation of components, plant expansion and production preparation for the first hybrid electric vehicle to be manufactured at the Indus Motor Company Limited (IMC) plant located at Port Qasim, Karachi, said Ali … Read more

Lotte Chemical Pakistan

February 6, 2022 by Muhammad Zubair

Lotte Chemical Pakistan Limited was incorporated in Pakistan on May 30, 1998. The principal activity of the company is to manufacture and sale Pure Terephthalic Acid. Lotte Chemical is the only world-class manufacturer and supplier of Purified Terephthalic Acid (PTA) in Pakistan with a capacity to deliver 500,000 tonnes every year through its state-of-the-art plant … Read more

Chinese national found dead at Port Qasim in Karachi

December 17, 2021 by Baseer Ahmed

KARACHI: The body of a 53-year-old Chinese national, identified as Li Wenzhang, was found from a private company’s compound at Port Qasim in the city, Bol News reported Thursday night. Read more: Pakistan must ensure safety of our citizens: China’s response to Gwadar attack According to the police, they found the body of the Chinese man … Read more

FPCCI expresses surprise over purchase of LNG at inflated rates

December 14, 2021 by Muhammad Zubair

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) president Mian Nasser Hyatt Maggo has expressed astonishment at the purchase of liquefied natural gas (LNG) at the rate of $30.6/MMBTU and said that this rate will destroy the fuel supply safety and foreign exchange reserves of the country, a statement said. Welcoming the visit … Read more

Port Qasim Authority has reduced port charges by 50%

September 3, 2021 by Syed Ahad

According to details, Port Qasim Authority has reduced port charges by 50% to increase exports. Sources said that a 50% reduction in VAT and dry port charges would lead to a reduction in port revenue of Rs.24 crore.

It may be recalled that Port Qasim had released a profit of Rs 18 billion after-tax was charged last year.

In this regard, a meeting of the Cabinet Committee on Transport and Logistics was held in Islamabad under the chairmanship of Federal Minister for Maritime Affairs Ali Zaidi.

The meeting also sought suggestions from Karachi Port Trust (KPT) for the reduction in port charges.

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Razak Dawood Responds to the Rumors that Samsung Will Not Make Phones in Pakistan

July 30, 2021 by Muzzammil Mehboob

Abdul Razak Dawood, Advisor to PM on Commerce, has rejected the fake rumor regarding Samsung imminent arrival in Pakistan local industry. He tweeted a short statement, denying all rumors and reports which stated that Pakistan has failed to convince Korean mobile manufacturing company, Samsung, to establish its manufacturing plant in the country. a joint venture … Read more

Duty, taxes collection: Seaports generate Rs1.67 trillion on imports

October 18, 2021July 2, 2021 by Web Desk

KARACHI: The revenue collection from goods arriving at the seaports of the country was recorded at Rs1.67 trillion during the fiscal year 2020/21, which is around 35 per cent of the total collection at the national level during the fiscal year, according to the data made available to BOL News on Friday. The collection of … Read more

Timely completion of CPEC projects top priority: PM Imran

August 19, 2019 by Arhama Altaf

CPEC projects are top priority of government

Prime Minister Imran Khan on Monday said that China-Pakistan Economic Corridor (CPEC) project is a practical model of bilateral and strategic partnership between the two countries. He said this while presiding over a meeting to review progress on CPEC projects, which was attended by Planning Minister Makhdoom Khusru Bakhtiar, Special Assistant to Prime Minister on … Read more

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