Author Archives: Shahid

Budget Preparation Starts, Abolishing Pension and Increase in Pay Suggested

Budget Preparation Starts, Abolishing Pension and Increase in Pay Suggested


Shahid | January 10, 2018 | category: News

Budget preparation starts, abolishing pension and increase in pay suggested.The government has started budget preparations and commenced the consultation process with the concerned stakeholders including representatives of various chambers of commerce and industries and different business organizations.

In this regard Prime Minister Shahid Khaqan Abbasi has reconstituted his own team for preparing the budget for year 2018-19 as government is in hurry and interested to complete the work before the completion of the term of the assemblies.

The Prime Minister has appointed Haroon Akhtar Khan as his Advisor, with the status of Federal Minister, who will be responsible for the affairs of the Federal Board of Revenue (FBR), and consult with the business community to prepare the recommendations for improving the collection of taxes.

The Prime Minister has also appointed Miftah Ismail as his advisor who will be responsible for dealing with the international monetary organizations for seeking loans and other financial assistance from them. To deal with political elements, the Prime Minister has appointed Rana Afzal Khan as Minister of State for Finance, who will deal with the politicians and other local organizations to seek their proposals for the next budget.

According to sources of Ministry of Finance, the government has been working on a plan to abolish the system of pension and the salaries of the government servants will be increased accordingly to the level of private sector so that the financial burden on the government for the payment of pension could be abolished. In this proposal, which will be very difficult to be adopted by the government in its last year of the tenure, the government has received suggestions that instead of giving pension, the government officials will be given handsome salaries so that they can save sufficient money at the time of retirement.

The government has also discussed this proposal with the International Monitory Fund (IMF), the main lender of loans to Pakistan but still there is no progress on this proposal and it will be further discussed at various levels in the Ministry of Finance before the finalization of the next budget.
Meanwhile, the government has also discussing the proposals to increase the funds for improving the basic needs of life including power, provision of water, gas, health facilities, education and other such basic facilities and huge amount will be allocated in the next budget so that they can seek the support of the people on the occasion of the next elections.

The sources in the Ministry of Finance said that during the recent meetings of officials of Finance Department with the representatives of IMF, Pakistan has been advised by the IMF to prepare a three year frame work which include reduction on the foreign loans, prepare a comprehensive strategy for improving the debt payment in the next three years, as Pakistan has to pay back nine billion dollars during 2018 against the loans secured by the country.

The IMF also advised the officials of the Ministry of Finance to chalk out comprehensive strategy and take adequate and effective measures to reduce the trade deficit which has increased to US dollars 36 billion. In this regard the financial team of the Prime Minister has also been asked to prepare recommendations for increase in the revenues by the FBR, give incentives to increase foreign remittances and other such options.

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FG Felicitates UBG For Thumping Victory

FG Felicitates UBG For Thumping Victory


Shahid | December 30, 2017 | category: Business

FG Felicitates UBG for Thumping Victory. Founders Group of the Lahore Chamber of Commerce & Industry has felicitated the United Business Group (UBG) for securing thumping victory in the election of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) – 2017-18.

In a greeting message to the UBG patron-in-chief S.M. Muneer and Chairman Iftikhar Ali Malik, Founders Group leaders Mian Muhammad Ashraf, Mohsin Raza Bukhari, Sheikh Muhammad Asif, Farook Iftikhar, Khawaja Khawar Rashid, Zeshan Khalil and FG former presidents said that momentous victory of United Business Group is a clear proof of business community’s trust of UBG leadership and remarkable services for the cause of the economy.

They  said that being the largest trade body of the country, role of Federation of Pakistan Chambers of Commerce & Industry has become more crucial as economy is facing a tough time. They said that declining exports, rising trade deficit, miseries of Pakistani rupee and poor international ranking in doing business call for good economic plan from the Federation of Pakistan Chambers of Commerce & Industry.

They hoped that new team of Federation of Pakistan Chambers of Commerce & Industry would best perform to the expectations of the business community and take up their issues at supreme forums. They were also optimistic that under the leadership of the leadership its Patron-in-Chief S.M. Muneer and the Chairman Iftikhar Ali Malik, the UBG would be playing very vital role for unity of the business community and for economic prosperity of the county.

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Business Community Hails UBG Historic Victory in FPCCI Elections

Business Community Hails UBG Historic Victory in FPCCI Elections


Shahid | December 30, 2017 | category: Business

Business Community Hails UBG Historic Victory in FPCCI Elections. Business fraternity across the country Saturday  has felicitated the United Business Group (UBG) for sweeping of all  FPCCI seats with a thumping majority which clearly reflects their confidence in judicious policies being followed by the group leadership.

They said that UBG leaders should now evolve a roadmap for year 2018 and ensure its implementation in true spirit. They said that outgoing FPCCI body under the leadership of UBG had made the federation corruption-free and hoped that new body would follow their footmarks. While felicitating for victory in FPCCI elections for year 2018, they urged UBG leaders to keep core committees on as it would help them to consult and get feedback from top to bottom.

UBG strong candidates made a clean sweep in the annual elections of the federation defeating the all candidates of his rivals groups Pakistan Businessman Panel and Pakistan Business Group fourth time consecutively.

UBG Presidential candidate Ghazanfar Bilour,SVP Syed Mazhar Ali Nasir,VPs Kareem Aziz Malik,Sh Atif Akram,Ch Arfan Yousaf,Shabnum Zafar,Syeda Saeeda Bano,Muhammad Shafeeq Anjum,Ch Javed Iqbal,Zahid Saeed,Tariq Saleem and Waheed Ahmad defeated their rivals.

UBG Central Chairman Iftikahr Ali Malik,patron-in-chief SM Muneer,FPCCI President Zubair Tufail,UBG Sind Chairman Khalid Tawab,UBG provincial chairman Punjab Muhammad Adrees.UBG head of FATA and Islamabad Rauf Alam and other trade leaders thanked the voters and supporters for reposing trust on the UBG prudent policies and they vowed to continue its 30 agenda mainly aimed at the accelerating the pace of economic development besides addressing the problems being confronted by business community across the country.

While talking to media after thumping victory in FPCCI election, UBG Chairman Iftikhar Ali Malik said that the result of election indicates confidence of business community in the UBG policies.He said, “We firmly believe in rule of law, promotion of democratic system and strengthening of national economy by safeguarding the interests of traders.” He said that FPCCI will continue to work with the sole objective to forward solid proposals to the government for economic progress and prosperity. He said that despite unprecedented crisis at national level, all efforts were made to restore the confidence of the business community.

On the occasion, SM Munir hailed the business community for reposing confidence in UBG in the larger interests of the economy of the country. He said the UBG would continue to serve the business community in the larger interest of economy and would urge the government to form business-friendly policies. He said that business community decided to vote for UBG keeping in view the policies of UBG and its efforts against corruption.

Speaking on the occasion, newly elected president Ghazanfar Bilour said that he will try best to serve the interests of business community. He said that sweeping of all important FPCCI seats with a thumping majority clearly reflects the confidence of business community in judicious policies being followed by the group leadership.

Pakistan Furniture Council (PFC) Chief Mian Kashif Ashfaq Ghazanfar Bilour  also has also congratulated SM Munir, Iftikhar Ali Malik and newly elected FPCCI President for landslide victory  in the elections o FPCCI through a democratic process for the year 2018.

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PU VC introduces reforms to make PU Harvard of the East

PU VC Introduces Reforms to Make PU Harvard of the East


Shahid | December 29, 2017 | category: Education

PU VC Introduces Reforms to Make PU Harvard of the East. Punjab University Vice Chancellor Prof Dr Zafar Moeen Nasir has completed one year of his appointment with introduction of several reforms at academic, financial and administrative levels to make PU ‘Harvard of the East’. Dr Nasir took charge as Vice Chancellor on December 28 with the vision to bring Punjab University among the top 500 universities of the world.

The VC had also expressed his resolve to ensure merit in all the matters and run the university by the book. After taking charge, Dr Nasir chalked out 7 point policy agenda to run the university with special focus on merit, academic audit and decentralization of powers.

Presenting his 7-point plan to run the university affairs in the meeting of deans earlier this year, the VC said that merit would be ensured and transparency would be observed in all the decisions and mechanisms. The VC said that there would responsibility with accountability and those who would be given responsibility would be accountable to their actions. He said that performance based incentives would be provided to the teachers and employees. To ensure quality, the VC said that under the supervision of the vice chancellor, assessment surveys would be conducted at the end of every academic year to audit performance of each academic unit.

The Vice Chancellor also made efforts for the first time to get PU Medical College approved from Punjab Chief Minister Mian Shahbaz Sharif. The Chief Minister had also approved 10 new buses for students and establishment of four new hostels and PC-1 has been submitted in this regard. None of the administrations in the past had worked so fast to resolve university issues being faced by the teachers, employees and students. The university has also started various programs of allied health sciences in order to provide the best medical education at affordable price to the students.

The VC started his journey by mentioning “Gateway to Excellence” after reshaping PU’s gate No 2. In order to encourage research activities, the Vice Chancellor enhanced research budget from Rs 120 million to Rs 150 million. The VC also announced a reward of Rs 1 million for the faculty member on publication of his/her research work in gold star journals.

The Vice Chancellor also revamped the examination management system for the first time in PU’s history according to the needs of modern age in order to provide maximum facilities to the students. In this regard, Dr Nasir extended financial and administrative support for launching and implementing PU Examination Management Information System. As per PU VC’s vision, facilitation centre and UAN service were also launched to facilitate students at Department of Examinations. The university also signed an MoU to verify record of the candidates for authentication of credentials regarding identification submitted by the candidates.

Taking a landmark initiative in the history of Punjab University, Dr Nasir announced to introduce Learning Management System in all the teaching departments of the university and the initiative is being tested at various levels to be implemented. The digital system would replace existing obsolete learning system with digitized learning to get optimum learning results. This system would enable students to interact online with the teachers & during the whole academic program.

Punjab Minister for Higher Education Syed Raza Ali Gillani has inaugurated newly-established state-of-the-art research laboratories for research in coal technology, energy and environment engineering at Punjab University Centre for Coal Technology.

The peace efforts initiative by the PU VC also brought fruit and for the first time in the recent past of the university, the admission process was completed with all peace and there was no any quarrel erupted during the admissions. The administration also ensured merit in admission at BS, Master’s, MS/Mphil and PhD levels. The administration had also organized several seminar, talks, workshops etc to create awareness about importance of peace in society and elimination of extremism. Punjab University Institute of Social and Cultural Studies has also launched a comprehensive project to promote narrative of tolerance among students under the title “Let tolerance be our virtue”.

In order to strengthen PhD program, Dr Nasir improved standard of synopsis and thesis at various levels and instructed the supervisors and heads of departments to ensure quality in synopsis of PhD candidates to be presented before Advanced Studies and Research Board (ASRB). The VC also strengthened Quality Enhancement Cell and personally supervised its activities. Dr Nasir also issued instructions to revise curriculum of each academic program in all faculties on modern lines. Punjab University and Arizona State University, USA have also agreed to establish academic writing centre at PU to improve academic writing skills of PU faculty members.

The Vice Chancellor, in order to sensitize university population and create awareness against environment pollution, also launched green campus program and thousands of trees have been planted. On the instructions of the Vice Chancellor, the botanical garden was also renovated.

In order to promote industry-academia linkages, the PU signed 13 international and 21 national memorandums of understandings with well-reputed organizations.

The Vice Chancellor has a vision that the universities must play their role in socio-economic uplift of the society. For this reason, Dr Nasir extended his support for invention and introduction of PU’s drought and disease resistant BT cotton seed, which would contribute at least 4 billion dollars to the country’s economy. The Vice Chancellor also strengthened Office of Research, Innovation and Commercialization to promote university products in the market. Dr Nasir has also inaugurated Pakistan’s first-ever Psychological Trauma Centre at Centre for Clinical Psychology, the first initiative taken by any university for mental treatment of the patients facing psychological problems.

Dr Nasir also encouraged university teachers and employees while giving them promotions to next grade purely on merit basis. The VC convened meetings of Selection Board which brought a wave of joy among the university teachers. The administration also took several initiatives pro-actively to resolve issues of the university teachers. As per PU VC Dr Zafar Moeen Nasir’s initiative to restore Haj and Ummrah scheme for university employees, four university employees from grade 1 to 4 were also selected to perform the religious obligation through draw.

The Vice Chancellor, for the first time in the history of Institute of Islamic Studies, had resolved to provide dedicate building to the institute in early 2017 and later in October, laid foundation stone for the building of the institute.

In order to promote co-curricular and sports activities, the incumbent administration ensured world-class facilities in order to provide the best opportunities to PU students for excelling in competitions. Various national level competitions were also organized in the university to promote healthy activities.

Taking initiative to get benefits of China Pakistan Economic Corridor and counter baseless propaganda, Dr Nasir has established CPEC Study Group. The VC also signed several MoUs to do research on various socio-economic aspects of CPEC.

Dr Nasir also focused on providing best health facilities to PU teachers, employees and students and upgraded Health Centre as teaching hospital and inaugurated Orthopedic Clinic.

In order to provide residential facilities, Dr Nasir inaugurated 48 newly-constructed residential apartments for teachers, administrative officers and other employees at New Campus

The Vice Chancellor also paid special attention to provide better facilities at boys and girls hostels and for the first time, the quality of food has also improved.

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Quaid’s 141th Birth Anniversary To Be Celebrated On Monday

Quaid’s 141th Birth Anniversary To Be Celebrated On Monday


Shahid | December 23, 2017 | category: News

Quaid’s 141th birth anniversary to be celebrated on Monday. Founder of the nation Quaid e Azam Muhammad Ali Jinnah’s 141th birth anniversary will be celebrated on Monday.
According to media reports, different seminars and conferences will be organized across country under Nazaria Pakistan Foundation and several other government and private organizations.
Speakers will pay tribute to the great leader to acknowledge his precious services done for his nation.
Special programmes will be aired on radio and TV stations while national newspapers will also publish special additions. There will be public holiday across country on December 25.

Banks and Stock Market To Remain Close on December 25

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Managers and Coaches of Punjab Contingent to Show Best Discipline During the Quaid-i-Azam Inter-Provincial Games: Anees Sheikh


Shahid | December 21, 2017 | category: News

Managers and Coaches of Punjab Contingent to Show Best Discipline During the Quaid-i-Azam Inter-Provincial Games: Anees Sheikh. We are proud of our athletes and we expect that they will maintain their level of performance during the upcoming Quaid-i-Azam Inter-Provincial Games scheduled to be organised at Islamabad from December 25-29, 2017, these views were expressed by Director Sports Punjab Muhammad Anees Sheikh during his meeting with all managers and coaches of Punjab contingent at National Hockey Stadium on Thursday.

Deputy Director Tariq Wattoo and senior provincial coach Shahid Nizami were also present during the meeting. The managers and coaches of Punjab teams briefed the meeting about their preparations for the grand sports event. They also thanked Secretary Sports Muhammad Aamir Jan for extending excellent facilities during the training camp.

Director Sports Muhammad Anees Sheikh advised all the managers and coaches of Punjab contingent to show high degree of discipline during the Quaid-i-Azam Inter-Provincial Games. “We are defending champions of the grand sports extravaganza and we expect that our teams will win even larger number of medals in the forthcoming games. Our coaches imparted best training to all the Punjab players during the camps and now it’s up to our players to produce best results and clinch maximum number of medals”.

Director Sports Muhammad Anees Sheikh urged the managers and coaches not to take their opponents lightly in any sports particularly squash and boxing. “All the participating teams will feature in the Quaid-i-Azam Inter-Provincial Games with best preparations so our managers, coaches and athletes must keep this fact in their minds,” he stressed.

Moreover, Punjab teams’ training camps for the preparation of Quaid-i-Azam Inter-Provincial Games remained continue at various venues on Thursday. It’s worth mentioning that Punjab teams’ training camps are under progress at several venues in Lahore under the directives of Secretary Sports Punjab Muhammad Aamir Jan.

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Chief Minister Gilgit-Baltistan Invites Private Sector To Contribute For The Prosperity of Province

Chief Minister Gilgit-Baltistan Invites Private Sector To Contribute For The Prosperity of Province


Shahid | December 21, 2017 | category: Business

Chief Minister Gilgit-Baltistan Invites Private Sector To Contribute For The Prosperity of Province. Chief Minister Gilgit-Baltistan Hafiz Hafeez-ur-Rehman has invited the private sector to join hands with the government of Gilgit-Baltistan and start flight operation for this area.

While talking to the LCCI President Malik Tahir Javaid, Senior Vice President Khawaja Kharar Rashid and Vice President Zeshan Khalil, Chief Minister Gilgit-Baltistan, he said that Gilgit-Baltistan is abundant with huge opportunities in tourism, energy and infrastructure sectors. He said that PIA operation for Gilgit-Baltistan is not enough to cater to the needs therefore private sector should come forward and avail this opportunity. Former LCCI President Mian Shafqat Ali also spoke on the occasion.

He said that China Pakistan Economic Corridor (CPEC) has generated lucrative investment opportunities that must be availed by the local investors. Under this project industrial and economic zones are being established which will create ample employment opportunities for the people of this area.

On the energy sector, CM GB said that Gilgit-Baltistan is not linked with the national grid which is the major hurdle of taping the power generation potential. He said that GIZ and WAPDA have identified the potential of 40,900 MW through feasibility reports. He said that establishment of first grid in Gilgit-Baltistan is at tender stage. He said that no serious work had been done in past for Diamir Bhasha Dam but now situation is quite different. He said that land acquisition for Diamir Bhasha has been completed through transparent way. All record in this regard is available in this regard and a huge amount of Rs. 12 billion is saved through transparency. He said that Diamir Basha, Bujni and Dasu would generate 4500 MW, 7500 MW and 5000 MW of cheap and environment friendly electricity of respectively that would reduce the oil import bill.

CM GB said that Chief Minister Punjab Shahbaz Sharif extended laudable help to the government Gilgit-Baltistan in health and education sector. “People of Gilgit-Baltistan are thankful to the taxpayers of Punjab for helping generously”, he concluded.

While talking about the tourism potential, he said that Gilgit-Baltistan is the most wonderful area of the country and has lot of attractions for the tourists. He said that various measures are being taken to tap the vast potential of tourism in Gilgit-Baltistan and focusing this sector for higher economic gain. He said that number of tourists is increasing that is a good sign. He said that apart from tourism, mining, food preservation, the area has a very huge potential for cement and herbal sectors, therefore, the business community should come forward to explore these opportunities that offer a huge dividend.

The LCCI President Malik Tahir Javaid said that the region of Gilgit-Baltistan has immense importance in geo-economic and geo-strategic terms. Geographically, Gilgit-Baltistan shares borders in the northeast with China, in the extreme north with Wakhan corridor of Afghanistan, in the west with KPK province and in the south and southeast with Azad Kashmir. He said that it is also endowed with vast resources of metallic, non-metallic, energy minerals, precious /dimension stones and different rocks of industrial use. He said that GB is located at the confluence of world great mountain ranges like the Himalaya, Hindukush, Karakoram and Pamir mountain ranges, which are considered the high roof of the world.

The LCCI President said that Gilgit-Baltistan has a bright economic future. CPEC is expected to bring an economic transformation in Gilgit-Baltistan because of infrastructure development, construction and hydropower stations. Some mega development projects have already been started. He said that according to the Government of Pakistan, the province of Gilgit-Baltistan has a hydropower potential of 19,000 MW as the Indus River and its six main tributaries pass through this region. This potential can be harnessed if the Government establishes a regional grid in Gilgit-Baltistan to interlink all the power potential sites. It is due to the absence of the national grid that the NEPRA’s jurisdiction has not been extended to Gilgit-Baltistan.

He said that Gilgit-Baltistan also has tremendous potential in tourism. Beautiful landscape, unique cultural heritage and rich biological diversity give the region a competitive advantage in attracting tourists from all over the world. He strongly recommended the business community of the city to tap the investment opportunities available in Gilgit-Baltistan in the hospitality business. He said owing to its cool, dry climate and availability of water resources, Gilgit-Baltistan has great potential in agriculture. Fruits such as apricots, apples, grapes, pears and pomegranate are widely produced in this region. Dried fruits and nuts are also produced in this region. This region is ideal for growth of temperate fruits and vegetable and has a low insect, disease, and pest population

Malik Tahir Javaid said that the other sectors in which there is a tremendous potential to invest in Gilgit-Baltistan are food and beverages, healthcare, recreation, travel services, skill development, mineral processing units, hydropower IPPs, handicrafts and retail.

He urged the Government of Pakistan to address the constitutional status needs of the Gilgit-Baltistan according to the wishes of the people of Gilgit-Baltistan. They do not have any representation in parliament. It is their demand that they should be declared constitutional citizens of Pakistan and Gilgit-Baltistan be made a full fledge province. The Government should also make sure that the people of Gilgit-Baltistan reap full benefits from CPEC.

The LCCI Senior Vice President Khawaja Khawar Rashid and Vice President Zeshan Khlil called for value addition in precious and semi-precious stone sectors saying that it would give us more foreign exchange. They informed the CM GB that Lahore Chamber of Commerce & Industry is already working on establishment of airline.

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SBP Completes Trials Process for Quaid-i-Azam Inter-Provincial Games

SBP Completes Trials Process for Quaid-i-Azam Inter-Provincial Games


Shahid | December 15, 2017 | category: News

SBP completes trials process for Quaid-i-Azam Inter-Provincial Games. Sports Board Punjab (SBP), under the instructions of Secretary Sports Punjab Muhammad Aamir Jan, has completed the trials process of various Punjab teams for second edition of Quaid-i-Azam Inter-Provincial Games at different venues on Friday.

As many as 2055 players took part in trials and 545 have been selected on the basis of outstanding performance for camp training. On Friday, volleyball trials were conducted at Punjab Stadium under the supervision of qualified coaches Azmat Hafeez, MB Javed, Maqsood Khalid and Sibtain. 18 boys out of 45 and equal number of girls out of 35 candidates have been selected for camp training.

It is pertinent to mention that 2055 male and female players featured in trials for 19 games scheduled to be competed in Quaid-i-Azam Inter-Provincial Games being staged at Islamabad from December 25-29, 2017.

Sports Board Punjab conducted trials at several venues in Lahore under the supervision of expert coaches of trials committee. The trials committee followed merit strictly while selecting players for camp training.

After the trials, the selected players will be given modern training at camps. The coaches will put special emphasis on the fitness of players during the camp training. The players who will show excellent performance and fitness during the camp training will be selected in the Punjab teams for Quaid-i-Azam Inter-Provincial Games.

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Incentives for oversees must to control drop in remittances: APBF


Shahid | December 14, 2017 | category: Business

The All Pakistan Business Forum has said that downward trend in remittances to Pakistan from overseas workers pose risks to external sector, urging the government to announce incentives for oversees Pakistanis to check a drop in foreign remittances.

Quoting the latest data of the central bank, he said that overseas Pakistani workers remitted around $80.22 billion in the first five months (Jul-Nov) of ongoing financial year, compared with $79.19 billion of same period in the preceding year.

During November 2017, the inflow of workers’ remittances amounted to $15.76 billion, which is 4.7% lower than October 2017 and 2.6% lower than November 2016 which is not good for the country particularly at a time when the economy is solely depending on foreign remittances, he added.
APBF President Ibrahim Qureshi said that the incentives could also help boost investment in the country by the Pakistani expatriates, as the sharp decline in remittances can place a weak economy at risk, particularly for those highly dependent on remittances.

The remittances to the region that accounts for around 45 percent of global remittances flow, dropped to $259 billion in 2016 from $269 billion in 2015-the largest drop since 2009.
Data shows that central Asian countries saw decline in inflows for the third consecutive year, mainly due to weak economic recovery in the Russian Federation, the sub-region’s top migrant destination.
The remittances to South Asia dropped for the first time since the global financial crisis. India’s remittances contracted 8.9 percent ($6.2 billion), along with Bangladesh (11pc) and Nepal (6.7pc). Low global oil prices resulted in reduced remittances from the Middle East to these countries. Large proportions of workers from South Asia in the Middle East are employed in sectors such as construction and transport.

Ibrahim Qureshi said that the falling remittances are worrisome for the economic managers in the wake of rising current account deficit that has been widening for the long time.
Departures of overseas workers from Pakistan to major Gulf destinations such as Saudi Arabia and United Arab Emirates declined since last year, and remittances from these countries also began to decline in early 2017. The low global oil prices also affected remittances to countries, like India and Pakistan with a large number of workers in the Middle East.

The country-wise details for the month of November 2017 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries and EU have declined to $409.52 million, $352.64 million, $204.28 million, $213.47 million, $191.83 million and $49.06 million respectively from earlier inflows of $465.19 million, $362.82 million, $194.04 million, $192.8 million, $193.12 million and $37.03 million respectively in Nov 2016. In the same way, drop was seen in remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during Nov 2017 which were decreased to $155.92 million together from $173.35 million of Nov 2016.

Road Network of CPEC to Be Completed Soon: President Mamnoon

Road Network of CPEC to Be Completed Soon: President Mamnoon


Shahid | December 13, 2017 | category: News

Road Network of CPEC to Be Completed Soon: President Mamnoon. President Mamnoon Hussain has said that road network of China Pakistan Economic Corridor (CPEC) will soon be completed which will join together different regions of the world.

Talking to a delegation of Pak-China Joint Chamber of Commerce who called on him here at the Aiwan-e-Sadr, on Wednesday, he said that full-fledged activities will start at the Gwadar port in the near future and which will play an important role in the development and prosperity of the region.  President Mamnoon stated that meeting with the Chinese friends is always a matter of great pleasure.

He underlined that both countries are true and sincere friends, with convergence of views regarding progress and prosperity of the region and fully support each other on various issues at the international forums. He emphasized that Pak-China friendship will continue for generations.
The President informed the delegation that security of Chinese working in Pakistan is very important for us and a Special Security Division has been working in Pakistan to protect the Chinese nationals.
The delegation thanked the President while expressing satisfaction on the security measures being taken by Pakistan for the protection of Chinese nationals. The delegation apprised the President regarding details of the Chinese invest in Pakistan and informed that more joint projects will be started in the future between the two countries.

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Historic Visit to the LCCI French Parliamentarians to Act as Pakistan’s Ambassadors

Historic Visit to the LCCI French Parliamentarians to Act as Pakistan’s Ambassadors


Shahid | December 13, 2017 | category: Business

Historic Visit to the LCCI French Parliamentarians to Act as Pakistan’s Ambassadors. Back in France, we would be Pakistan’s ambassadors as it has huge untapped economic potential and perfect geographical location.

This was stated y the members of French Parliamentary ddelegation elegation while speaking at the Lahore Chamber of Commerce & Industry. The LCCI President Malik Tahir Javaid presented the address of welcome while Senior Vice President Khawaja Khawar Rashid, Vice President Zeshan Khalil, Members of French Parliamentarian delegation Jean Bernard Sempastous, Mrs. Annaig Le Meur, Jean-Luc Reitzer, Mrs. Sonia Krimi, Alexandre Michel, Mian Ahsan Abbas, Michael Boucault and Philippe FOUET spoke on the occasion while Ali Hassam
Asghar, Awais Seed Piracha, M. Nawaz, Moazzam Rasheed, Kalim Ahmed,
Tehmina Saeed Chaudhry and Mian Zahid Javed were also present on the
occasion.
The Parliamentarian said that French government values high its relations with Pakistan and keen to further strengthening its economic relations with Pakistan that is an important country of the region. They stressed the need for close contacts between the businessmen through use of modern technology like video  conferencing in order to develop deep and lasting linkages and networks for sharing each other’s experiences for strengthening of economic relations. They said that they would play their role for increasing bilateral trade between the two
countries.
The French Parliamentarians highly spoke about Pakistan and said that investment opportunities in Pakistan are of great attraction for foreign businessmen. They said that they would tell their businessmen about the sectors that could create win-win situation. The LCCI President Malik Tahir Javaid appreciated the initiative taken by the leadership of the France Pakistan Friendship Group for visiting Pakistan to promote trade & investment relations between two countries.

He said that France is Western Europe's largest country by area. Including overseas regions, it ranks 41st in the world in size. By economic measurements, France is among the
world's most successful countries. Being Europe's third largest economy, its
nominal GDP ranked seventh largest in the world at more than $2.4 trillion in total
output.
The LCCI President said that France is well known around the world for its colours, designs, festivals, fashion, foods and monuments etc. France is rightly considered the birth place of modern democracy. The revolutionary ideals of 1789 i.e. Liberty, Equality and Fraternity were impressive and contributed to a great deal in attaining ultimate triumph. That victory owes much to the French men and women who have defended freedom and democracy.

“I am sure that you being French Parliamentarians and members of France Pakistan Friendship Group would be noticing certain changes in political scenario  of Pakistan particularly taking place in the last decade. Unlike past, the democratic setup of Pakistan faced highs and lows in a sensible way. Pakistan is all set to gain further political stability in years to come. We hope that we will soon start reaping the fruits of attaining political maturity”, Malik Tahir Javaid
added.
While sharing trade figures, he said that in 2015, the total volume of bilateral trade was dollar 778 million which surged to dollar 817 million in 2016. The main reason of that increase was consistent rise both in imports and exports to France. He said that from 2015 to 2016, the exports to France registered an increase of 3.3% whereas the imports from France went up by 6.5%. This trend needs to be continued. In the present scenario of bilateral trade, the balance of
trade should be in favor of Pakistan and its products should have easy access to the markets of France. Your support is desperately needed in this connection.
The LCCI President said that in terms of tourism, Pakistan is a beautiful and historical country and you will be amused by its scenic beauty. We are peace loving nation and desirous of maintaining peace in the whole region. There is no such situation in Pakistan which is mostly portrayed by international media. He urged the French Parliamentary delegation to share actual perception about Pakistan.

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Shaheed BB International Tennis Tournament To Start From December 18

Shaheed BB International Tennis Tournament To Start From December 18


Shahid | December 12, 2017 | category: News

Shaheed BB International Tennis Tournament To Start From December 18. Shaheed Mohtarma Benazir Bhutto International Tennis Tournament will kick start from December 18, 2017 in Federal Capital.
Senior PPP leaders Taj Haider and Farhat Ullah Babar addressing a press conference on Tuesday disclosed that 24 renowned players of 12 different countries will participate in the event which will be inaugurated by Chairman Pakistan Peoples Party (PPP), Bilawal Bhutto.

Final match will also witnessed by Asifa Bhutto, youngest daughter of Benazir Bhutto.
They said that tournament is being conducting to appraise efforts of Benazir Bhutto and foreign referees will supervise the event.
PPP stalwarts said that terrorism can be defeated through sports as this kind of activities can built positive image of the country as well.
“Bibi sacrificed against the scourge of terrorism,” they mentioned during the press conference.
It is worthy to mention that Indian players will likely to participate in the event which will help bridging disputes through sports between the two neighbouring states.

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NCSW Ready to Work With Women in FATA: Chairperson

NCSW Ready to Work With Women in FATA: Chairperson


Shahid | December 12, 2017 | category: News

NCSW Ready to Work With Women in FATA: Chairperson. Ms. Khawar Mumtaz, chairperson National Commission on Status of Women (NCSW) has said that the commission is ready to work with women in FATA. She was addressing a session held to commemorate 16 days of activism and international human rights day, UN women in collaboration with the Ministry of Human Rights and National Commission of the Status of Women co-organised a briefing session at a local hotel on “Women’s rights in FATA.”

Khawar Mumtaz pointed out the need to work on mainstreaming FATA women and closing the gender gaps, especially in voter registration and informed that “The commission is ready to work with women in FATA. We hope to get our member from FATA soon.” “When you work with passion, the things always change,” she concluded.

Jamshed Qazi, country representative of UN women welcomed the guests to the session and spoke about the importance of sharing these key findings with stakeholders in order to better formulate policy. “UN Women is working on FATA to collect data, do gender analysis etc. in order to have it used for policy action in partnership with civil society and government stake holders,” he said.
Rabiya Javeri Agha Secretary Ministry of Human Rights spoke about the linkage between women’s rights and human rights and the work of the ministry in this regard.
“We are mandated to support all human rights institutions in the country.” , she said. “I commend UN Women because this gender analysis work will address the gender concerns in the environment of reforms that is going on right now,” she added.

UN women also launched a very enlightening documentary showcasing women’s experiences and achievements in FATA, with the aim to amplify the voices of women for inclusion in all stages of reforms process. The overall feel of the event was that women need to have a stronger role in FATA reforms process and their priorities should be duly reflected in the legal and policy reforms.

While enormous challenges are there, efforts are being made to ensure women’s inclusion and representation in order to safeguard women’s rights in FATA. With the coordination and cooperation of all stakeholders i.e. government, civil society etc., desired positive change can be brought forward to improve the lives of all citizens especially women.

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Illegal Benefit Provided to Angro by Allowing Import of LNG

Illegal Benefit Provided to Angro by Allowing Import of LNG


Shahid | December 12, 2017 | category: Business

Illegal Benefit Provided to Angro by Allowing Import of LNG. PPRA has expressed grave concern over a secret agreement reached between Sui Southern Gas Company and Angro Private Limited under the directives of ministry of petroleum on importing LNG worth billion of rupees; This agreement has been signed under the directives and permission of Prime Minister (PM) Shahid Khaqan Abbasi.

As per this agreement, Sui Southern Company has allowed Angro Company to import 200 MM Cubic feet LNG which means benefit of billion of rupees has been given to Angro company daily.Sources said PSO was directed in the past that to import 300 million square feet gas and provide it to LNG terminal which is owned by Ango company.

The government has now allowed to import 200 million square feet additional gas without inviting tenders. It means 500 square million feet LNG will be imported at Angro terminal. This way benefit of billion of rupees will be provided to Angro company on daily basis.

According to law a tender is invited through news papers for awarding contract of billion of rupees and PPRA laws have to be followed on this count.

On the other hand PM Shahid Khaqan Abbasi has allowed Ango company to import 200 MMF gas by not adhering to PPRA laws.

As per first agreement 300 MMCF million LNG gas is being imported and now 500 MMCF gas will be imported.

Sources said PM Abbasi is holding charge of ministry of petroleum and LNG agreement is also under the powers of PM. Now PM Abbasi is responsible for allowing more benefit to Angro company.

Shahid Khaqan Abbasi has signed agreement with Qatari government to import LNG at the rate of 13.37 dollars. On the other hand another international oil company ENI is agreed to sell LNG at the rate of 11.64 dollars.

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SBP Issues Trials Schedule for Quaid-e-Azam Games

SBP Issues Trials Schedule for Quaid-e-Azam Games


Shahid | December 12, 2017 | category: News

SBP Issues Trials Schedule for Quaid-e-Azam Games. Sports Board Punjab (SBP), under the instructions of Secretary Sports Punjab Muhammad Aamir Jan, has issued schedule of trials being held in connection with upcoming 2nd Quaid-e-Azam Inter-Provincial Games 2017.

The trials will be held at various venues in Lahore. After the trials, the selected players will be trained at camps under the supervision of qualified coaches so that strong and balanced Punjab teams can be selected for the grand Quaid-e-Azam Inter-Provincial Games scheduled to be held at Pakistan Sports Board Complex, Islamabad from December 25-29, 2017.

Following is the trials schedule:

Game               Category         Date    Venue

Athletics          Men                        14 December        PU Athletics Track at New Campus

Athletics          Women                  14 December       PU Athletics Track Healy College, Old Campus

Hockey            Men/Women         14 December       National Hockey Stadium Lahore

Football           Men                        14 December       Punjab Stadium Lahore

Football           Women                  14 December      Punjab Stadium Lahore

Badminton      Men/Women        14 December     LDA Sports Complex, Johar Town

Baseball           Men/Women        14 December    Baseball Ground, Sports Complex, Bahria Town

Tennis              Men/Women        14 December     Tennis Stadium, Nishtar Park Sports Complex

Taekwondo     Men/Women        14 December    PSB, National Coaching Training Centre, Hall No. 2

Kabaddi          Men                         14 December      Punjab Stadium, Lahore

Judo                Men/Women          14 December      PSB, National Coaching Training Centre, Hall No. 1

Karate             Men/Women          13 December     PSB, National Coaching Training Centre, Hall No. 2

Boxing            Men                          14 December   Govt. Islamia College Civil Lines, Lahore

Wrestling       Men                          14 December     PSB, National Coaching Training Centre

Squash           Men/Women          14 December   Punjab Squash Complex, Davis Road

Volleyball       Men/Women          15 December   PSB Coaching Training Centre, Ground

Netball           Men                          14  December   Govt. Gulberg College, Lahore

Netball           Women                    14  December   Lahore College for Women University

Snooker         Men                          14  December        Al-Majeed Centre Basement Charly Pan Shop, Sanda Khurd

Wushu             Women                  14 December      Gymnasium Hall Nishtar Park Sports Complex.

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Alphanote, Japan-born Support Platform of Indie Music, Being Deployed in India

19,000 Links Containing Blasphemous Content Blocked in Pakistan


Shahid | December 12, 2017 | category: Mobile Phones

19,000 Links Containing Blasphemous Content Blocked  in Pakistan . About 19,112 links of blasphemous content on different social media websites have been blocked so far during the last 7 years in Pakistan.
According to available documents, from 2010 to now, 4,965 links containing blasphemous content on face book while 370 on twitter 1855 from YouTube, and 11,922 from other social networking sites have been blocked.
During 2010, 913 links from face book, Twitter, You Tube and other websites, 1705 during 2012, 2,832 during 2013 while 10, 101 links during 2014 have been removed.
During 2015, the number of controversial sites reported as 121, 228 during 2016, and 3,202 during 2017.

According to documents, famous websites of social networking sites are out of country therefore, country laws were not implemented on these.

It is vital to mention here that HTTP unprotective links have been blocked from Telecom Operators and in order to block protective links containing Https, these were sent to website administration.

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PIAF Welcomes Relaxation in Foreign Exchange Regulations to Facilitate Exporters

PIAF Welcomes Relaxation in Foreign Exchange Regulations to Facilitate Exporters


Shahid | December 12, 2017 | category: Business

PIAF Welcomes Relaxation in Foreign Exchange Regulations to Facilitate Exporters.The Pakistan Industrial and Traders Associations Front (PIAF) Chairman Irfan Iqbal Sheikh has appreciated the State Bank of Pakistan for relaxing its foreign exchange regulations, allowing exporters to directly dispatch transport documents to the buyers abroad against shipments valuing up to $100,000 or equivalent.
In a joint statement, along with senior vice chairman Tanveer Ahmed Sufi and vice chairman Khawaja Shahzeb Akram, he said that in wake of changing global trade practices and to facilitate exporters, the central bank move is expected to provide manifold benefits to the local exporters including reducing the cost of doing business, efficient processing of export documents and improving competitiveness of Pakistani exports in the international market.

Irfan Iqbal Sheikh also asked the SBP to issue circular for implementing the Prime Minister Export Enhancement Package in its true spirit. He stressed on the need for evolving an export-led policy and availability of energy at regionally competitive prices for economic turnaround.
He said that much-awaited export package, approved by the ECC to steer the exporting industry out of crisis, is not being implemented by the government while the crisis is worsening day-by-day.

He said that not only our share in the global market was shrinking and going to other countries but also the unit price of our products was decreasing thus resulting in reduced profitability for Pakistani exporters.
It is to be noted that earlier, the carriers (shipping companies, airlines, railways, etc.) were required to draw the transport documents (bills of lading, airway bill, railway receipts, etc.) only to the order of an authorized dealer for exports taking place from Pakistan and the same were required to be dispatched to the buyer abroad through an authorized dealer.

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International Mountain Day Celebrated to Highlight Pakistan’s Unique Features

International Mountain Day Celebrated to Highlight Pakistan’s Unique Features


Shahid | December 12, 2017 | category: Events

International Mountain Day celebrated to highlight Pakistan’s unique features. Students of twin cities on Monday celebrated ‘International Mountain Day’ to highlight Pakistan’s unique mountain cultures, their rich traditions and environment.
According to press statement issued here, the celebration was inaugurated by Syed Abu Ahmad Akif Secretary, Ministry of Climate Change, under the theme “Mountains under Pressure: Climate, Hunger and Migration”.
The day was celebrated in an event organized by the United Nations Development Programme (UNDP) Pakistan and Leadership for Environment and Development (LEAD) Pakistan at the Pakistan National Council of Arts (PNCA) here.
“Pakistan’s mountainous regions are some of the most breathtakingly beautiful environments in the world, but they are also extremely susceptible to the impacts of climate change. Mountain communities have an important role in preserving these delicate landscapes and exploiting them sustainably to earn livelihoods in harmony with nature,” said United Nations Resident Coordinator, Neil Buhne while speaking at the celebration.
Amidst folk music and handicraft displays, students from the National University of Science and Technology (NUST), Bahria University, and Fatima Jinnah Women’s University (FJWU) participated in a documentary competition, short plays and mime performances.

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HEC Event Registration Portal Launched

HEC Event Registration Portal Launched


Shahid | December 11, 2017 | category: News

HEC Event Registration Portal Launched . The Higher Education Commission (HEC) held the inauguration ceremony of five-day International Trans-Eurasia Information Network Annual NOC Workshop 2017 in collaboration with Trans-Eurasia Information Newtork (TEIN) here at the Commission Secretariat on Monday. The inaugural ceremony marked the launch of HEC Event Registration Portal and signing of a Document of Understanding (DoU) to technologically promote telemedicine.

Ahsan Iqbal, Federal Interior Minister was chief guest of the ceremony, while Dr. Mukhtar Ahmed, Chairman HEC, Dr. Nimal Ratnayake, Secretariat Director Asia Pacific Advanced Network (APAN) and Vice Chancellors of different universities were also present. The workshop is being attended by delegates from Sri Lanka, Afghanistan, Vietnam, Cambodia, Sri Lanka, and Bangladesh.

The HEC Event Registration Portal was formally inaugurated jointly by AhsanIqbal, Dr. Mukhtar Ahmed and Dr. Nimal Ratnayake. The portal will serve as an academic calendar to register events apart from providing information on events, trainings and online courses. This will also provide opportunity to national and international academic community to collaborate as well.

The DoU was signed between Dr. Masroor Iqbal from Pakistan Institute of Engineering and Applied Sciences (PIEAS) and Dr. Iqbal Chaudhary from Hussain Ebrahim Jamal (HEJ) Research Institute of Chemistry, Karachi for executing this programme under Virtual Education Project Pakistan. The DoU is aimed at promoting telemedicine through the latest technologies. HEC has provided its video conferencing facility to connect PIEAS teaching under TESP.

Speaking on the occasion, Ahsan Iqbal observed that the world is standing on the threshold of fourth industrial revolution being driven by digital technology. “The way we are living today will be transformed through this revolution, as the new digital paradigms are setting new haves and have-nots,” he added.

He stressed the need for embracing the new revolution to keep pace with the world. Pointing out the major challenge being faced by the world in form of rising inequality, he urged the need for preparations to adopt new technologies to cope with this menace. He maintained that the new developments will create a plethora of opportunities for researchers.

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PCB Clarifies Media Reports On ICC Cricket Structures

PCB Clarifies Media Reports On ICC Cricket Structures


Shahid | December 11, 2017 | category: Cricket

PCB Clarifies Media Reports On ICC Cricket Structures. PCB wishes to clarify some reports in the media regarding the ongoing meetings on the new proposed ICC International Cricket Structures and the effect of these on the ICC Future Tours Programme with specific reference to Pakistan v India Series. 

Since the onset of these discussions, PCB has reiterated its position on bilateral series vs India. Our position is that PCB’s agreement to the revised structures for international cricket is subject to the condition that PCB has a valid agreement to play bilateral matches with India and India vs Pakistan matches would be included in the FTP. This continues to be our position. 

PCB has also informed the ICC that it has initiated a dispute resolution process against the BCCI under the ICC Dispute Resolution Committee Terms of Reference. Further to that the PCB’s claim is based on an existing agreement with the BCCI which contemplates that India will tour Pakistan in December 2019, August 2020 and Nov – Dec 2022 and Pakistan will tour India in Nov – Dec 2021. 

Under the prevailing circumstances, it is PCB’s position that if the Dispute Resolution Committee decides the dispute in PCB’s favour then any FTP will need to be adjusted to reflect the decision. Any agreement of the PCB to any new FTP structure will therefore be without prejudice to its existing claims against BCCI and will be subject to the outcome of the ICC dispute resolution process.

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