Business News

Post-2015 Development Agenda

Key role of private sector urged

Observer Report

Karachi—Dr. Shamshad Envisages A Key Role For Private Sector in Post- 2015 Development Agenda; Global Compact Pakistan to suggest a road map for enhanced partnerships. Dr. Shamshad Akhter UN Under Secretary General and Executive Secretary, UNESCAP called upon the private sector to play a key role as a central partner as the Post-2015 Sustainable Development Goals are defined by the United Nations. Dr. Shamshad was addressing the final round of stakeholders consultations on Post-2015 Development Agenda organized by Global Compact Network Pakistan in collaboration with Employers Federation Pakistan at FPCCI Federation House yesterday.

KE clarifies network tripped due to NTDC’s transmission line breakdown

Staff Reporter

Karachi—K-Electric issued a statement explaining that the breakdown of the power transmission from the NTDC was the main cause of the power outages in most areas of Sind, including Karachi and Baluchistan yesterday morning.

National Mobile App competition announced

Staff Reporter

Islamabad—Pakistan’s first National Mobile App Competition has been announced to engage talented IT professionals and youngsters for improve government services, transparency and quality of work.

Oil rebounds in volatile year-end trade

Singapore—Oil prices edged up in Asia Friday after falling sharply in the previ-ous session, as analysts pre-dicted increased volatility and no end in sight this year to tumbling prices. US benchmark West Texas Intermediate for January de-livery rose 63 cents to $54.74, while Brent crude for February gained 16 cents to $59.43 in mid-morning trade.

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