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Author Archives: CT Report

2016 Honda Pilot comes with 3.5-liter V6 now develops 280 horsepower, 260 lb-ft of torque, more than previous generation

2016-Honda-Pilot

TOKYO: 2016 Honda Pilot engine will be more powerful. Indeed, the 3.5-liter V6 now develops 280 horsepower and 260 lb-ft of torque, 30 horsepower and 7 lb-ft more than the previous generation. This engine will be mated to a six-speed automatic gearbox while a nine-speed automatic transmission will be available in the high-end version of the Pilot. The latter gearbox ... Read More »

Volkswagen introduces its new Golf GTI Clubsport week ahead at Wörthersee

Volkswagen

PARIS: Volkswagen has introduced its new Golf GTI Clubsport a week ahead of Europe’s largest gathering-of-the-VWs, Wörthersee. Set to remain a show car for the near future, the GTI Clubsport was built to mark the 40th anniversary of the iconic hot hatchback and will eventually be offered in Europe sometime in 2016. The GTI Clubsport is powered by the same ... Read More »

Pak-Thailand to start dialogue on Free Trade Agreement: Khurram

khurram-dastgir-inp0

ISLAMABAD: Pakistan and Thailand would soon start dialogue on Free Trade Agreement as the Cabinet of Thailand has agreed to allow negotiations for the agreement with Pakistan. The Minister for Commerce, Engr. Khurram Dastgir Khan has said that the Ministry of Commerce would undertake intense trade diplomacy in the coming financial year to allow easy access to Pakistani exporters in ... Read More »

AEDB allows nine more power projects

clean-energy

ISLAMABAD: The Alternative Energy Development Board (AEDB) allowed nine new solar/wind power projects to overcome the energy shortfall. The 33rd AEDB meeting, chaired by Water and Power Minister Khawaja Asif, said that the new projects worth $1 billion would be made operational by September 2016, thus the wind power projects’ supply to national grid would reach 937MW. Currently, wind power ... Read More »

UNIDO organizes workshop to promote SMEs    

SMEs

ISLAMABAD: United Nations Industrial Development Organization (UNIDO) has successfully organized consultative a workshop on “Credit Guarantee Scheme for Small and Medium Enterprises (SMEs) in Pakistan” in collaboration with SMEDA, Islamabad Chamber of Commerce and Industry (ICCI) and Italian Development Corporation. Joint Secretary Industries & Production Muhammad Ashfaq Ghuman, CEO SMEDA Muhammad Alamgir Chaudhary, ICCI President Muzammil Hussain Sabri, State Bank ... Read More »

Energy crisis to be controlled by end of 2018: Arshad

NTDC, electricity

MULTAN: Advisor to CM Punjab Chaudhry Arshad Saeed Araein said that the incumbent government would control energy crisis in the country during its constitutional tenure of five years Talking to journalists, he said they were arranging an exclusive visit of Chief Minister Muhammad Shahbaz Sharif in the region to remove deprivations of people of the area. He said, he would ... Read More »

FIA nabs wanted human smuggler

arrested

LAHORE: Federal Investigation Agency Anti-Human Trafficking Circle conducted a raid and arrested the most wanted human smuggler. According to Federal Investigation Agency spokesman, the team conducted a raid near Patriata (Muree) on tip-off to arrest the smuggler which remanine successful. Federal Investigation Agency arrested the red book accused Zulfiqar Bhatti from Patriata (Murree) after hectic efforts. The accused was also ... Read More »

ICCI condoles with bereaved families of helicopter crash

icci-for-promoting-cottage-industry-to-overcome-economic-problems

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muzzamil Hussain Sabri , Senior Vice President M. Shakeel Munir, Vice President M. Ashfaq Hussain Chatha and and Group Leader Abdul Rauf Alam have expressed deep grief and sorrow over the tragic crash of an army helicopter MI-17 in Naltar Valley near Gilgit-Baltistan on Friday killing seven persons including five foreign ... Read More »

SSGCL awards second LNG terminal contract to Akbar Associates

LNG-plant

ISLAMABAD: The Sui Southern Company Limited (SSGCL) has awarded the contract of second LNG terminal to Akbar Associates who offered the lowest tariff of 49.87 cent per Million British Thermal Unit (mmbtu) for the LNG terminal. Akbar Associates Friday emerged as successful bidder for second LNG terminal by floating the lowest tariff. The SSGC had short listed two bidders for ... Read More »

Govt to spend Rs150 billion for improving rural roads network

roads-nuclear-cities-dangerous.si

MULTAN: Provincial Minister for Agriculture Dr Farrukh Javed said on Saturday that CM Punjab’s Farm-to-Market roads programme would surely improve agricultural economy in rural areas and for this purpose, the Punjab government would spend Rs 150 billion in three years. Talking to a farmers’ delegation here, he said that rural roads programme would facilitate farmers, traders, students, and patients to ... Read More »

Govt puts country on road to progress: Abid Sher

Abid Sher Ali19

FAISALABAD: State Minister for Water and Power Abid Sher Ali said on Saturday the incumbent government had put the country on road to progress and prosperity and days were not far when the homeland would get rid of crises. Addressing a public meeting in Zulifqar Colony here Saturday, he said the PML-N government was giving priority to serve the masses, ... Read More »

Deliberations with IMF for 7th Review completed  

Ishaq-dar1-300x225

ISLAMABAD: Pakistan and International Monetary Fund (IMF) has completed the detailed deliberations for the 7th review under Extended Funds Facility (EFF) programme. Pakistan’s delegation was led by Finance Minister Senator Mohammad Ishaq Dar whereas the IMF team was led by Harald Finger at talks held in Dubai, United Arab Emirates, the Finance Ministry said in a press release here. Ishaq ... Read More »

Mepco to purchase electricity from sugar mill

050512_Kabul_Power_Project_018

MULTAN: The Multan Electric Power Company (Mepco) will purchase 4.5 megawatt electricity from Ashraf Sugar Mill and a Memorandum of Understanding (MoU) was also signed in this regard on Saturday. According to official sources, Ashraf Sugar Mill will provide 4.5 megawatt electricity to the Mepco at Rs7.82 per kilowatt rate while the agreement would be for one year. CEO Mepco ... Read More »

Port Qasim DC Athar Naveed always taking meals and power naps, complain importers

dc office new cartoon

KARACHI: Importers have strongly decried the attitude of Port Muhammad Bin Qasim Deputy Collector Athar Naveed, who pays no heed to the grievances of traders, despite the fact that he is the head of the principal appraiser and the appraiser. Importers said they found Athar Naveed always engaged in eating breakfast, lunch, dinner or snacks, or taking nap in his ... Read More »

Sudanese Ambassador inaugurates GCCI’s industrial exhibition

gujrat

SIALKOT: Ambassador of Sudan in Pakistan Ahmed Abdul Rehman Muhammad inaugurated the “Made in Gujrat” industrial exhibition held at Gujrat under the auspices of Gujrat Chamber of Commerce and Industry (GCCI). Sudanese Ambassador visited several stalls of Gujrat made products there and showed keen interest in fans. On this occasion, the Sudanese Ambassador stressed the need of promotion of bilateral ... Read More »

SCCI condemns proposed 5% sales tax on export sector

SCCI fazal jalil

SIALKOT: Sialkot Chamber of Commerce and Industry (SCCI) has expressed grave concern over Federal Board Revenue’s proposed plan to increase the sales tax on five export oriented sectors from 2 to 5 percent. SCCI President Fazal Jillani said that proposed levy of 5 percent sales tax on the exports of textile, surgical, carpet, sports and leather sector will have destructive effect ... Read More »

Bentley introduces its new Bentayga SUV’s insides, ahead of late 2015 debut

Bentley

LONDON: Bentley has introduced its new Bentayga SUV’s insides, ahead of a late 2015 debut. Revealed in a series of tightly cropped close-ups (see video above), viewers are shown the new SUV’s drive controls, instrument cluster, centre console and a short view of the dash design. The image follows the release last year of an image that shows the Bentayga’s ... Read More »

2016 Honda Pilot comes with 3.5-liter V6 now develops 280 horsepower, 260 lb-ft of torque, more than previous generation

2016-Honda-Pilot

TOKYO: 2016 Honda Pilot engine will be more powerful. Indeed, the 3.5-liter V6 now develops 280 horsepower and 260 lb-ft of torque, 30 horsepower and 7 lb-ft more than the previous generation. This engine will be mated to a six-speed automatic gearbox while a nine-speed automatic transmission will be available in the high-end version of the Pilot. The latter gearbox ... Read More »

Mercedes-Benz G-Class lineup includes all-new edition 463 package, new 416-hp twin-turbo 4.0-liter V8

Mercedes car

BERLIN: Mercedes-Benz has disclosed a refreshed version of its G-Class 4×4. Hitting dealerships later this year, the new G-Class lineup includes the all-new edition 463 package and the new 416-hp twin-turbo 4.0-liter V8 previewed in the G 500 4×4² concept revealed at this year’s Geneva Motor Show. The venerable off-roader is more capable than ever. The big news in Mercedes’ ... Read More »

BMW facelifted 3 Series sedan, scheduled to arrive in South Africa in third quarter of 2015

BMW

BERLIN: BMW has introduced facelifted 3 Series sedan. The updated range is scheduled to arrive in South Africa in the third quarter of 2015. The local lineup will comprise the 318i, 320i, 320d, 330d and 340i, as well as the stonking M3 Sedan. Transmission offerings will include a six-speed manual gearbox (with automatic throttle-blipping on downshift) and an optional eight-speed ... Read More »