Fast food is getting much more popularity worldwide in attracting people from all walks of life and it especially be a major focus for teenagers now. It has made life comfortable as one can easily visit any favorites or nearest fast food restaurants to have hassle free food. The fast food industry generates about $165 billion in revenue annually, based on 2011 market research by IBISWorld. The research also …

  Pakistan needs to take food safety measures very much seriously The Holy Prophet (Peace Be Upon Him) said, “One who gives us adulterated goods is not from us.” He repeated this sentence thrice then said, “And Allah will remove barakat from the livelihood of the Muslim brothers. (Allah) will destroy his economy and leave him upon his own condition.” Health is national wealth and food is the fundamental necessity …

  Fast food industry in Pakistan is the second largest market in Pakistan as it accounts for 27 percent of its value‐added production and 16 percent of the total employment in manufacturing sector. Pakistan holds the world’s eighth largest market when it comes to fast food and food related business. Pakistan’s fast food sector is changing significantly with an inclined shift in life styles and traditional eating habits. Fast food …

  Energy generation and transmission projects are in different stages of execution The power sector achieved another landmark when the total electricity generation reached to record 17272MW for the first time in the country’s history. The hydel generation contributed 6080MW while the IPPs and GENCOs contributed 11192MW. A large number of power generation and transmission projects are already in different stages of execution which will ultimately lead to end of …

  The tariff charged to consumers here is based on generation mix, structure and transmission cost and distribution losses suffered by each utility and the government firmly admitted that electricity charges in the country were higher than what consumers pay in India, Sri Lanka and Bangladesh. Costly furnace oil led to a significant increase in power tariff. The price of furnace, which was Rs20,604 per metric ton in 2006-07, increased …

  The shortfall of electricity had surpassed 7,000 MW. The power generating capacity has badly affected the process of economic growth, as well as millions of households in the country facing continuous hardship. The Central Asia-South Asia (CASA-1000) project is a significant step in building a functioning, efficient electricity system across Central Asia and South Asia. The export of electricity by Central Asian states to Afghanistan and Pakistan would generate …

  Liquefied Natural Gas (LNG) is by far the cheapest imported fuel on which Pakistan can rely to meet its future energy needs. The cost of regasified LNG stands at $9.37 per million British thermal units whereas the imported furnace oil costs $10.62 per mmbtu, high-speed diesel costs $20.03 and liquefied petroleum gas (LPG) costs $17.6. Natural gas in Pakistan meets 35 percent of power generation needs, 23.8 percent of …

  From 2010 until June 2014, world oil prices had been stable, at around $110 a barrel and since June 2014 prices have more than halved. Brent crude oil has now dipped below $50 a barrel for the first time since May 2009 and US crude is also below $48 a barrel. Oil just like any other commodity is regulated by rules of demand and supply. But there is one …

  Country has massive deposits of shale gas and oil Oil and gas companies involved in the exploration and production have somewhat lessened their activities in Pakistan. Nevertheless the existing companies have no desire of liquidating their business. Throughout the world the exploration and production companies are facing the same state of affairs as there is the reduction in the petroleum products prices and Pakistan is no different from others. …

  The continuously declining oil prices internationally mostly helping Pakistan in reducing its oil import bill that recently witnessed a decline of 7.83 percent during first half of July-December of the current financial year over the corresponding period last year. Pakistan’s oil import bill has recorded at $6.95 billion during July-December of fiscal year 2015-16 as compared to $7.54 billion of the same period of previous year fiscal year showing …