Tag Archives: Senate panel told

RAWALPINDI: Pakistan International Airlines (PIA) intends to demolish the iconic Roosevelt Hotel in New York City to pave the way for the construction of a new hotel through a joint venture, a representative of the Aviation Division informed the Senate Standing Committee on Aviation on Wednesday. The PIA owns 37 buildings across the globe, of which 29 are located in …

KARACHI: While the overall cover of mangroves in the Indus delta has increased over the years, Karachi continues to lose these precious “protected” forests on account of land allotment by the Board of Revenue and the Karachi Port Trust. This was shared during a briefing organised on Wednesday on the conservation of mangrove forests and their future outlook at the …

ISLAMABAD: The Senate Standing Committee on Human Rights on Monday took notice of the lapses and loopholes in the investigation of the F-9 Park rape case wherein a woman was raped by two men at gunpoint. Reviewing the rape at F9 Park, which happens to be third in the line of two similar incidents that took place in 2018 and …

ISLAMABAD: The government has no plans to sell Roosevelt Hotel in New York and is instead seeking a joint venture for a mixed-use development. This was revealed by the Privatisation Commission in a briefing to the Senate Standing Committee on Privatisation on Thursday. The commission said the terms of reference for the process have been sent to the aviation division …

ISLAMABAD: Amid reports that foreign banks, including those from China, may find it difficult to operate in Pakistan after the financial system becomes fully compliant with Sharia, the central bank has conceded challenges related to public debt, foreign banks, external debt commitments and monetary policy that would need to be addressed by a steering committee of all stakeholders under a …

ISLAMABAD: The ministry of railways informed the Senate standing committee on railways that the ministry did not have funds to restore the 65km railway track from Peshawar to Torkham. However, the ministry was in negotiations with the Khyber Pakhtunkhwa government for financing the project and the KP government had shown willingness to finance the track restoration, Ministry of Railways Secretary …

ISLAMABAD: Senate Defence Committee has been assured that security situation in Swat is under control and that the reports of the banned Tehreek-i-Taliban Pakistan (TTP) re-establishing there are exaggerated. “The committee was assured that the writ of the state is paramount and the law and order situation is under control,” the committee said in a statement after an in-camera briefing …

ISLAMABAD: The first day of Senate Standing Committee on Finance meeting witnessed a heated debate on the Finance Supplementary Bill 2021, with a unanimous opinion that the proposed revenue measures will bring a tsunami of inflation in the country. The bill, which was laid before the house on Jan 4 with a ruling from the Senate chairman to finalise the …

ISLAMABAD: A parliamentary committee on Thursday noted that the gas supply disruption to fertiliser plants during the June-September period had caused a shortage of 200,000 tonnes of urea. Discussing the urea shortage, the Senate Standing Committee on National Food Security and Research also observed that the Economic Coordination Committee (ECC) of the Cabinet had decided that urea plants would remain …

ISLAMABAD: The government has informed a parliamentary committee that salvaging the cargo vessel, which ran aground at the Seaview beach, Karachi, was the responsibility of the ship’s owners and the insurance company. The Senate Standing Committee on Maritime Affairs met here on Wednesday for a briefing on the vessel that has become an environmental hazard. Ministry of Maritime Affairs Secretary …