Tag: transportation

  • Affordable bus service between Islamabad and China to start soon

    Affordable bus service between Islamabad and China to start soon

    A bus company in Pakistan has announced its decision to launch a private bus service between Islamabad and Tashkurgan, a city in China, following Eid-ul-Fitr.

    According to a spokesperson for the company who spoke to Gwadar Pro, the service will commence on 13th May 2023, with the first phase involving the deployment of a mini-Utong bus capable of accommodating 28 passengers.

    The journey, including the immigration process, is expected to take approximately 38 hours, with passengers staying overnight at the Sost border. The fare for the journey is estimated at Rs60,000.

    To travel, individuals must have an original passport and copy, a valid original visa with its copy, and an invitation to China (visa category).

    The service is available to all, including tourists and those travelling for business and official purposes. Given the service’s popularity, the company plans to expand it to cater to the needs of the people of both countries.

  • Punjab Transport Department increases non-AC bus fares by over 250%

    Punjab Transport Department increases non-AC bus fares by over 250%

    The Punjab Transport Department (PTD) has announced that it will increase the fares of non-AC buses in response to the rising prices of diesel and petrol.

    This decision will place an additional burden on the poor, as fares will increase by more than 250 per cent. The new fares for both inter and intra-city non-AC bus services will be implemented from April 25th.

    The fare for non-AC bus services operating between different cities will increase by 233 per cent to 267 per cent. Additionally, an increase of up to 267 per cent in the fares of non-AC buses and wagons has also been approved.

    Under the new policy, passengers travelling one to four km will see an increase from Rs14 to Rs47, a difference of Rs33.

    This fare hike will also make it more expensive for passengers to return to their cities from native towns, particularly after Eid-ul-Fitr.

  • Lahori students to get free rides on Orange, Metro line

    In a bid to provide easier access to transportation, public train systems Orange Line and Metro Line in Lahore will provide free transportation facilities to students in school uniforms, Samma has reported.

    The decision was announced by the Caretaker CM Punjab Syed Mohsin Raza Naqvi on Sunday, in order to help students attend their schools punctually and also lessen the financial burden of travelling costs on their families.

    Students will only need to be dressed in school uniforms in order to receive a free ride.

  • Atlas Honda announces second price hike within 20 days due to depreciation of Pakistani rupee

    Atlas Honda announces second price hike within 20 days due to depreciation of Pakistani rupee

    Atlas Honda has announced its second price increase in the last 20 days, attributing it to the substantial depreciation of the Pakistani rupee against the US dollar, which had also led to their earlier bike price hike on February 15, 2023.

    According to the company’s notification, Honda bike prices will be as follows:

    Honda CD70

    The Honda CD70 will now cost Rs144,900, an increase of Rs7,000 from the previous price of Rs137,900.

    Honda CD 70 Dream

    The Honda CD 70 Dream will now cost Rs155,500, an increase of Rs8,600 from the previous price of Rs147,500.

    Honda Pridor

    The new price of the Honda Pridor is Rs190,500, an increase of Rs9,000 from the previous price of Rs181,500.

    Honda CG 125

    The Honda CG 125 will now cost Rs214,900, an increase of Rs9,000 from the previous price of Rs205,900.

    Honda CG 125 SE

    The Honda CG 125 SE will now cost Rs255,900, an increase of Rs12,000 from the previous price of Rs243,900.

    Honda CB 125F

    The Honda CB 125F will now cost Rs350,900, an increase of Rs20,000 from the previous price of Rs330,900.

    Honda CB 150F

    The Honda CB 150F will now cost Rs443,900, an increase of Rs25,000 from the previous price of Rs418,900.

    Honda CB 150F SE

    The Honda CB 150F SE will now cost Rs447,900, an increase of Rs25,000 from the previous price of Rs422,900.

    This is the second price hike within the last 20 days, which has further eroded the purchasing power of the middle class that is already struggling due to inflation. With car and bike prices on the rise, the common person is finding it increasingly difficult to afford their daily means of transportation.

  • Inflation in Pakistan reaches nearly 50-year high, raising concerns for citizens

    Inflation in Pakistan reaches nearly 50-year high, raising concerns for citizens

    Pakistan’s inflation, as measured by the consumer price index (CPI), surged to a record-breaking 31.5 per cent in February, largely driven by steep price hikes in food, housing, and transportation groups. This concerning development was recently reported by the Pakistan Bureau of Statistics (PBS), and has heightened expectations of an increase in interest rates during the upcoming monetary policy committee (MPC) meeting, which the central bank has scheduled for March 2.

    The February inflation rate marks the highest figure since available data dating back to July 1965, surpassing the previous record of slightly over 29 per cent in April 1975. The unexpected pace of price increases has surpassed the finance ministry’s expectations, who had projected an inflation range of 28 per cent to 30 per cent just a day before the report.

    According to Geo, the monthly inflation rate surged by 4.3 per cent in February compared to January, primarily due to increased average prices of food items such as poultry, fruits, pulses, oil, vegetables, ghee, LPG, gas charges, and domestic petroleum products.

    The inflation reading raises concerns that the government will need to review its strategy to secure the critical $1.1 loan tranche from the International Monetary Fund (IMF). Despite repeated efforts, the government has been unable to regain lost ground with the IMF and is continually delivering financial shocks to the people.

    According to PBS, the inflation rate rose in both urban and rural areas. Urban inflation increased to 28.8 per cent in February, while rural inflation soared to 35.6 per cent compared to the same month last year. In February of the previous year, urban inflation was recorded at 11.5 per cent, while rural inflation was at 13.3 per cent.

  • Govt to buy more than 500 hybrid buses for Lahore

    Govt to buy more than 500 hybrid buses for Lahore

    According to Chief Minister Chaudhry Parvez Elahi, 300 hybrid buses would be bought for Lahore in the first phase of the government’s plan to run environment-friendly hybrid buses in the city.

    About 200 new bus stops would be set up to facilitate the citizens, according to the chief minister. The 20th meeting of the Punjab Masstransit Authority (PMA), which was presided over by Parvez Elahi, decided to purchase hybrid buses that are environmentally friendly.

    Parvez Elahi informed the participants that a total of 513 hybrid buses would be operating in the city and that the Punjab Masstransit Authority would use private companies to run new hybrid buses.

    The chief minister mandated that seats be set aside in the new buses for women, special individuals with disabilities, and people who are blind or visually impaired, adding that these seats should be positioned close to the bus door. The chief minister gave the go-ahead to build new bus stops in Lahore and added that the routes of the new buses should be planned with women’s educational institutions’ schedules in mind.

    Parvez Elahi criticised the fact that previous attempts at creating a government-level transportation system spectacularly failed due to egregious incompetence in the creation of a long-lasting transportation system in the province.

    The chief minister gave his approval for the Punjab Masstransit Authority to open offices in Dera Gujran and for the authority to conduct auctions. Iftikhar Gondal, Khadija Umar, Shamim Aftab, Muhammad Khan Bhatti’s principal secretary, the secretaries of finance and transportation, along with other members of the Punjab Assembly, attended the meeting.

  • Weekly inflation witnesses slight increase of 0.62%

    Weekly inflation witnesses slight increase of 0.62%

    Sensitive Price Indicator (SPI) data shows that short-term inflation in the week ending November 17 decreased to 0.62 per cent week-over-week (WoW), primarily as a result of lower prices for some food products such tomatoes, lentils, and cooking oil. The SPI was 0.74 per cent last week.

    The Pakistan Bureau of Statistics (PBS) revealed data on Friday showing that the weekly inflation rate increased by 28.67 per cent year over year (YoY).

    Since reaching a peak of 45.5 per cent in the week ending September 1, the annual increase in SPI has been declining. YoY inflation was measured at 29.24 per cent last week.

    Based on a study of 50 markets in 17 cities across the country, the SPI tracks the costs of 51 necessities. 23 items had price increases over the week, 13 saw price decreases, and 15 saw no change.

    Highest WoW increase

    Salt: 7.61 per cent

    Lipton tea: 5.9 per cent

    Chicken: 4.89 per cent

    Onions: 4.61 per cent

    Eggs: 3.66 per cent

    Highest WoW decline

    Tomatoes: 6.06 per cent

    Pulse Masoor: 1.56 per cent

    Pulse Gram: 1.46 per cent

    Ghee (1 kg): 1.03 per cent

    Pulse Mash: 0.68 per cent

    Highest YoY increase

    Onions: 319.35 per cent

    Lipton tea: 59.27 per cent

    Pulse Gram: 57.39 per cent

    Petrol: 53.85 per cent

    Pulse Moong: 51.24 per cent

    Highest YoY fall

    Chilli powder: 41.42 per cent

    Sugar: 4.27 per cent

    After slowing to 23.2 per cent in September from a 49-year high of 27.3 per cent in August as the nation continued to be gripped by high food and transportation expenses, annual CPI inflation soared to 26.6 per cent YoY in October.

    In recent weeks, inflation has been driven up by rising vegetable prices, particularly those of onions and tomatoes, as a result of standing crops damaged by floods, as well as a significant increase in electricity prices.

    The Food and Agriculture Organization of the United Nations issued a warning last month that severe food insecurity is likely to get worse in some areas of Pakistan as a result of the negative effects of floods and the astronomically high prices of energy and gasoline.

  • Number of railway passengers increases after hike in bus fares

    Number of railway passengers increases after hike in bus fares

    The number of train passengers has enhanced as the cost of travelling by bus or private vehicle has elevated owing to skyrocketing fuel costs.

    Despite a slight increase in railway fares, a spokesperson for Pakistan Railways said that there was no comparison between train fares and bus or other forms of road transportation.

    According to AFP, Pakistan Railways had to jack up ticket prices by 10 per cent on some trains, but train travel was still affordable and convenient.

    On the other hand, due to an increase in petroleum prices throughout the country, bus fares have soared in the last month.

    Sardar Nasir, a passenger at the Lahore railway station, told this scribe that taking a bus with his family was too expensive, so he decided to take the train to Rawalpindi instead.

    Another passenger on the Allama Iqbal Express train to Bahawalpur with her family, explained that the pricing for Bahawalpur by bus was nearly doubled, so she chose to commute by train.

    The booking receptionist at the Faisalabad train station validated that train ticket sales had surged following the increase in petroleum product prices.

  • After Airlift, Swvl to let go 32 per cent workforce, limit operations

    After Airlift, Swvl to let go 32 per cent workforce, limit operations

    The provider of tech-enabled mass transit solutions, Swvl announced that it is implementing a portfolio optimization plan to boost sales performance while lowering its expenses as a way to accelerate its path to increase profitability and gain a tremendous reputation by the next year.

    The company’s big move comes just days after Airlift announced that it was reducing headcount by 31 per cent across all countries and limiting categories on the platform. Also, the company has withdrawn from several markets, including Faisalabad, Gujranwala, Sialkot, Peshawar, Hyderabad, Johannesburg, Cape Town, and Pretoria.

    Swvl aims to cut its workforce by 32 per cent, according to the company’s official press release. Roles that have been automated as a result of investments in the Company’s engineering, product, and support operations will be targeted for reductions. Swvl intends to provide monetary, non-monetary, and job placement assistance to assist specific employees in transitioning to new responsibilities.

    Swvl’s Transport as a Service (TaaS) and Software as a Service (SaaS) businesses are both rapidly growing. Swvl’s TaaS business provides technology-enabled transportation for corporates, schools, universities, industrial facilities, airlines, and other institutional clients via its asset-light marketplace. They presently have over 500 active accounts on four continents, with a monthly salary of over $5 million.

    According to the company’s LinkedIn site, it employs over 1,330 people. Around 400 employees will lose their employment as a result of the mobility company laying off nearly 30 per cent of its workforce.

    Tech startups, both private and public, have had to face a reckoning in recent months, with their stock prices plummeting. An economic slump has impacted company finances, forcing them to make cost-cutting decisions, the most important of which is laying off staff.

    The Dubai-based startup’s restructuring joins a lengthy list of global cross-stage cutbacks in what has been a difficult month for tech workers. According to statistics, over 15,000 tech workers have lost their jobs in the United States alone. Multiple Companies including Klarna, Getir, Gorillas, and Bolt (the payments startup) have fired employees, while Snap, Twitter, and Instacart have halted or stopped hiring entirely.

  • Orange line metro surpasses 11,000 daily ridership

    Orange line metro surpasses 11,000 daily ridership

    The Capital Development Authority (CDA) is satisfied with the average daily ridership on the Orange Line Metro Bus route.

    The data on average ridership on the Orange Line Metro Bus route was reviewed during a session at the headquarters of CDA. The average daily passenger load for 15 buses was 11,464 passengers per day, resulting in 30 passengers every bus journey.

    It was also shown that the Faiz Ahmed Faiz junction for the Orange and Red lines was the busiest, with 1,746 passengers per day, while the Police Foundation-Mauve Area Stop was the least used.

    Additionally, May 23, with over 16,000 passengers, was the busiest day of the year. It has been observed that as time passes, the ridership on this route improves.

    The CDA administration expressed their delight that a big number of people are taking advantage of this service, and expressed their optimism that with the upcoming inauguration of the green and blue lines, the connection between various districts of the city will improve, as well as the number of ridership.

    The administration expressed the hope that not only would this reduce traffic congestion, but that it would also assist to reduce air pollution in the city.

    It is important to note that buses are expected to arrive in Islamabad from Karachi by the end of this week; in the first phase, buses for the orange, blue, and green lines are also arriving in the federal capital.