UrbanPK.com (UPK) marks a new dawn in the online presentation of Pakistan's tremendous development efforts.

UPK aims to project Pakistan´s development efforts to a wide audience all over the globe. The site aims to highlight current and projected development within the country with an emphasis on infrastructure. It's intended to be viewed by all those interested in development projects/investment within Pakistan, be they a Pakistani enthusiast, prospective investor or anybody interested in exploring the modern aspects of Pakistan.

UrbanPK.com has the simple objective of projecting Pakistan's development efforts than would be available from the print media to a wider audience. The site aims to highlight current and projected development within the country with a particular emphasis on infrastructure.

Pakistan’s exports to UK cross $1bn

Wednesday, July 01, 2009
LONDON: Pakistan’s exports to the UK have crossed $1 billion this year which is for the first time in history.

With growth rate of 16.29 per cent during the period July 2008-April 2009, Pakistan has seen all-time high exports to the UK, which has been one of Pakistan’s top three export markets in the world for the last four years, from 2005-06 through 2008-09.

Exports from Pakistan to the UK were $1 billion during financial year...

900MW Tarbela extension project to commence soon: MD PEPCO

ISLAMABAD ( 2009-05-09 21:23:58 ) :Managing Director Pakistan Electric Power Company (PEPCO) Tahir Basharat Cheema on Saturday said that feasibility study of Tarbela IV extension project has been completed and the development work will be started soon to generate 900 MW electricity.

Addressing a press conference, the MD PEPCO said that an estimated cost of the project is $1.2 billion while feasibility reports of 740 MW Munda Hydro power project and 840 MW Suki Kenari have also...

Private sector imports over $1.2 billion power generation machinery

RIZWAN BHATTI
KARACHI (April 29 2009): The country has spent over $1.2 billion on import of power generation machinery during the current fiscal year, depicting a surge of 63 percent over last year, as the power generation utilities have not been able to meet the power demand, importers said.

They said that despite all efforts, the government and power companies had failed to provide sufficient power. Therefore, continuing power shortage led the general public,...

Census process started without Cabinet approval

MUSHTAQ GHUMMAN
ISLAMABAD (April 29 2009): The Statistics Division has launched 6th Census process without formal approval of the Cabinet. This is in spite of the reservations about manpower availability expressed by Defence Ministry. The proposal had been placed before the Cabinet in its meeting on April 8, 2009, which deferred decision till next meeting, which has not yet been scheduled.

"Sharing of resources on population basis, recruitment quotas, representation in...

Engro Chemicals earns Rs695m

Wednesday, April 29, 2009
By our correspondent

KARACHI: Engro Chemicals has announced net earnings of Rs695 million for the quarter ended March 31, 2009, 15 per cent lower than Rs819 million profits in the corresponding quarter last year.

This translated into earning per share (EPS) of Rs2.33 against Rs2.75 in the corresponding quarter of 2008. “The decrease in earnings took place largely on account of higher financial charges and lower dividend income from...

KSE gains 124 points on news of $5bn aid

Saturday, April 18, 2009
By our correspondent

KARACHI: The commitment by Friends of Democratic Pakistan (FoDP) of giving over $5 billion aid to the country kept Karachi bourse up in the green territory on Friday.

This news prompted investors to push up the market by 1.63 per cent on active short covering.

KSE 100-shaer index posted a handsome recovery of 1.63 per cent or 124.87 points and closed at 7,794.95 points. The parallel running junior 30 index...

President Zardari seeks global help to resolve issues

BEIJING: President Asif Ali Zardari said terrorism creating fear and scare in Asia.

Addressing Boao Forum, President Zardari said Pakistan need global help to fight terrorism. Terrorism needs urgent check otherwise it will dampen hopes.

He said terrorism and extremism are biggest challenges for the region. Global troops are present in Afghanistan. Terrorism needs to be tackle on urgent basis. President said he would utilize every forum to brief the world about prevailing...

Clocks advanced from midnight

Will it save electricity?

Wednesday, April 15, 2009
By Azeem Samar

KARACHI: The government for the second consecutive year is advancing clocks by one hour from April 15 with the aim of saving electricity. However, people question the benefits that may stem from this system at a time when bigger problems need to be tackled first.

Authorities claim that putting forward clocks by one hour during summer would help conserve electricity, a resource that is...

Gilani lays foundation of Rs 4.6 billion Multan international airport terminal

BASHIR KHAN
MULTAN (April 12 2009): Prime Minister Yousaf Raza Gilani laid the foundation stone of the new terminal of Multan international airport here on Saturday. Addressing the gathering, he congratulated the people of the city on this occasion and said that with the extension of the airport a new chapter of prosperity and economical development would open.

He said that people would get new job opportunities with this mega project, and better travelling and cargo facilities...

Government expecting $5.627 billion inflow through 13 projects

ZAHEER ABBASI
ISLAMABAD (April 12 2009): The government is expecting $5.627 billion inflow through 13 projects, which are in the pipeline. According to Board of Investment, the projects in the pipeline are of trade, construction, steel, infrastructure, automobile, telecom, power and banking sectors.

A project of Al-Tawarqui Group of Saudi Arabia for steel manufacturing in Al-Tawarqui Steel Mill is also in the pipeline with an investment of $1 billion. An investment of...

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