Tag Archives: Chairman

When Will 12th Rabi ul Awwal (1439 Hijri) 2017 in Pakistan?

When Will 12th Rabi ul Awwal (1439 Hijri) 2017 in Pakistan?


Shahid | November 6, 2017 | category: News

When Will 12th Rabi ul Awwal (1439 Hijri) 2017 in Pakistan? Rabi-ul-Awwal is likely to start in Pakistan on the eve of Monday 20th November in Pakistan and November 21 will be the day of 1st Rabi-ul-Awwal 2017 in the country. On the other hand the 12th Rabi ul Awwal, Eid Melad Un Nabi would be celebrate on 1st December 2017 in Pakistan.

The Central Ruet-e-Hilal Committee will officially declare the Rabi ul Awwal 1439 Hijri moon sighting in Pakistan under the supervision of Chairman Mufti Muneeb-ur-Rehman.

For further updates stay tuned with daytimes.pk

First-Ramazan-2017

First Ramazan 2017 Will be on 28th May in Pakistan


Sumera Saeed | May 26, 2017 | category: News

The holy month of Ramazan will begin in Pakistan on 28th May 2017, declared Route-Hilal committee Chairman Mufti Muneeb ur Rehman.

The meeting Route-Hilal committee led by Chairman Mufti Muneeb ur Rehman was to witness the Ramazan Moon 2017, which has not been sighted in Pakistan, therefore Sunday will be the first Ramazan in Pakistan.

In Pakistan the duration of fast will be of 15 hours and 31 minutes while in India it will be for 15 hours and 5 minutes.

The Eid ul Fitar 2017 likely to be on 26th June in Pakistan.

The Ramazan 2017 in Saudi Arabia, UAE and other Middle Eastern countries will begin on 27th May and Eid ul Fitar will be celebrated on 25th June.

The duration of fast in Saudi Arabia, UAE and other Middle Eastern countries will be for 14 hours and 42 minutes approximately.

Only Australia has the shortest time for the fast 11 hours and 35 minutes as the country in going through winter season due to its location in southern hemisphere.

Six Pakistanis Recognized Among Top 1% of the Global-tech Talent

Six Pakistanis Recognized Among Top 1% of the Global-tech Talent


Sumera Saeed | March 29, 2017 | category: News

Six Pakistanis Recognized Among Top 1% of the Global-tech Talent

Crossover hires Chief Architects in Java and Ruby in a single day with Job Offers of US$ 600,000

Six Pakistanis made Pakistan proud by securing jobs at the Crossover international hiring tournament. These six individuals are now being considered among the top 1 percent of the global talent in the world. 61 programmers from Punjab and Sindh participated in the gaming competition, where six ended up securing USD 100,000 per annum per candidate.  More than 500 senior tech talent from across Pakistan registered for the competition.

Andy Tryba, Chief Executive Officer, Crossover in a message said that Crossover is planning to run more tournaments in Karachi and Islamabad based on Lahore experiment to hire over 200 senior software architects in Pakistan and bring an additional $20M/year worth of employment to Pakistan economy in 2017.

The first National Freelancing Convention #NFC17 was held under the auspices of Punjab Information Technology Board (PITB), a unique initiative jointly organized by the PITB and Crossover, participated by more than 500 applicants through highly gamified and competitive process of three rounds. The round finished with a technical interview for on the spot job offer by Crossover.

The leading work from home company, Crossover, hired six (o6) Chief Architects in Java and Ruby in a single day. The successful candidates of technical interview have been given full time / remote job offer paying worth $100, 000/- per year. Crossover also paid a sign up winning bonus of $5,000 to the champion of the tournament. Crossover has successfully tested this concept in Turkey, Russia, Romania, Poland and Ukraine.

Chief Minister Punjab, Muhammad Shahbaz Sharif appreciated the talent hunting activity by Crossover and hoped that the activity would benefit the economy of Pakistan.  Advisor to Chief Minister Punjab and Chairman PITB, Dr. Umar Saif said that technology was creating jobs around the globe while incubators, Startups and freelancing co-working spaces were playing pivotal role in this regard. Pakistan being the third largest English speaking and 9th mobile user country, with 60 % population comprising of youth in the world has vast potential to exercise technology in every field, he added.

Crossover (also known as Crossover for Work) not only connects companies to the best talent from around the world, but also provides a seamless end-to-end solution for remote team management. Crossover connects talent from around the globe with companies who are looking to hire only the best. Crossover has more than 2200 people from 98 different countries working full time (40 hrs/wk) for its clients.

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ICAP and TEVTA discussed the avenues of development of underprivileged areas

ICAP and TEVTA discussed the avenues of development of underprivileged areas


Sumera Saeed | March 22, 2017 | category: News

ICAP and TEVTA discussed the avenues of development of underprivileged areas

Executive Director, The Institute of Chartered Accountants of Pakistan (ICAP) Mr. Razi Khan met Chairman, Technical Education and Vocational Training Authority (TEVTA) Mr. Irfan Qaiser Sheikh to discuss the different areas for the development of skills in the underprivileged areas of the country.  They also discussed how to explore various avenues of mutual interest with the joint efforts of ICAP and TEVTA to facilitate and invigorate the talent in Punjab.

The Institute of Chartered Accountants of Pakistan (ICAP) established under The Chartered Accountants Ordinance, 1961 is a professional self-regulatory body, operating under the CA Bye Laws 1983 and represents accountants employed in public practice, business and industry, and the public and private sectors.

Technical Education and Vocational Training Authority (TEVTA) on the other hand is governed by the Government of the Punjab to enhance global competitiveness in Punjab, through a quality and productive workforce by developing demand driven, standardized, dynamic and integrated technical education and vocational training service.

It was also agreed that the follow up meetings between the two institutes should be arranged so that the modalities can be figured out for the joint efforts and cooperation.

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PNSC gets ‘AA’ Entity Ratings from PACRA with a Stable Outlook

PNSC gets ‘AA’ Entity Ratings from PACRA with a Stable Outlook


Sumera Saeed | February 15, 2017 | category: Business

PNSC gets ‘AA’ Entity Ratings from PACRA   with a Stable Outlook

The Pakistan Credit Rating Agency (PACRA) has granted an Entity Ratings of Long Term ‘AA’ to Pakistan National Shipping Corporation (PNSC) in February, 2017. This rating has been raised from PNSC’s previous Entity Ratings of Long Term ‘AA-’in 2016.

The Short Term Ratings given to PNSC this year was ‘A1+’, while its 2016 Short Term Ratings was also A1+. PNSC’s Outlook has also remained constant at ‘Stable’. The action advised for PNSC in 2017 is ‘Upgrade’, while last year the advised action was to ‘Maintain’.

As per PACRA’s report, the ratings reflect PNSC’s strong ownership – majority owned by Government of Pakistan and its strategic significance as the country’s flag carrier. On a stand-alone basis, PNSC’s business profile has gained significant strength in recent years and exhibited by continuous improvement in business margins on account of efficient fleet utilization, better pricing strategy and cost management measures taken by the management.

Sen. Mir Hazil Khan Bizenjo, Minister for Ports & Shipping remarked,

“It is noteworthy that the PNSC is cruising ahead with distinction having achieved the ‘AA’ ratings at the start of 2017. PNSC being a Public Sector company has displayed resilience by adopting robust measures and stringent controls and as a consequence PNSC’s business profile has gained significant strength in recent years.”

 

Mr. Arif Elahi, Chairman, PNSC, said,

“The PACRA Entity Ratings of Long-Term ‘AA’ upgrading PNSC to having a stable outlook is significant and a milestone in the history of the national carrier. I am delighted to report that a concerted team effort, effective management practices and decisions based on best global practices in a most challenging environment have enabled us to achieve this result; congratulations to the entire staff of PNSC.”

The ratings are dependent on the Corporation’s ability to generate envisaged cash-flows post-expansion. Meanwhile, proactive management of financial profile, while improving coverage’s remains important. Credit rating reflects forward-looking opinion on credit worthiness of underlying entity or instrument; more specifically it covers relative ability to honor financial obligations. The primary factor being captured on the rating scale is relative likelihood of default.

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Rabi-Ul-Awwal Moon Sighted in Pakistan :1st Rabi-ul-Awwal To Be on 1st December 2016

Rabi-Ul-Awwal Moon Sighted in Pakistan :1st Rabi-ul-Awwal To Be on 1st December 2016


Sumera Saeed | November 30, 2016 | category: News

Rabi-Ul-Awwal 2016 Moon Sighted in Pakistan :1st Rabi-ul-Awwal 1438 Hijri To Be on December 1

The moon of Rabi-ul-Awwal 2016 sighted in Pakistan today on 30th November. The chairman of Central Ruet-e-Hilal Committee Mufti Muneeb-ur-Rehman has officially declared the new moon sighting in Pakistan.

The 1st Rabi-Ul-Awwal 1438 hijri will be on 1st December 2016 in Pakistan. The new moon of Rabi-ul-Awwal 2016 is sighted in Pakistan today and the 1st Rabi-ul-Awwal will be on December 1 in country then the Eid Milad un-Nabi in Pakistan will be observed on December 12.

Eid Milad un-Nabi in Pakistan will be On December 12

Renault to Assemble Cars In Pakistan by 2018

Renault to Assemble Cars In Pakistan by 2018


Sumera Saeed | November 3, 2016 | category: Autos and Vehicles

Renault to Assemble Cars In Pakistan by 2018

French carmaker Renault is all set to enter in the Pakistan’s fastest emerging car market with a manufacturing plant. The Renault manufacturing plant will be in Pakistan by the 2018, the government announced Thursday after the approval of Prime Minister Nawaz Sharif’s economic policy and vision.

PM approved the economic policy and vision, Board of Investment (BoI) Chairman Miftah Ismail held meetings with stakeholders in Pakistan and foreign companies in the automobile zone.

The statement of the Board of Investment said that Renault has decided to invest in Pakistan car manufacturing market and the plant will be opened by 2018.

Renault approved the development of car plant in Pakistan on Twitter, describing an

“Exclusive nego(tiation) to develop our brand in Pakistan, incl. a manufacturing plant”.

Eid-ul-Adha 2016 Holidays In Pakistan

Eid-ul-Adha 2016 Holidays In Pakistan


Sumera Saeed | September 3, 2016 | category: Eid-al-Adha 2016 in Pakistan

Eid-ul-Adha 2016 Holidays In Pakistan

The Zilhaj Moon is not sighted in Pakistan on 2nd September and the 1st Zilhaj will be on 4th September 2016 in Pakistan. All the Muslim celebrate Eid-ul-Adha on 10 Zilhuj by sacrificing the animals after Hajj in order to commemorate the Hazarat Ibrahim’s enthusiasm to sacrifice his son for Allah Almighty.

According to the statement of Chairman Mufti Muneeb-ur-Rehman of Central Ruet-e-Hilal Committee the Eid-ul-Adha will be celebrated in Pakistan on 13th September 2016.

The public holidays for Eid-ul-Adha 2016 in Paksitan will start from on 11th September.

Also Read:Eid-ul-Azha will be celebrated on 13th September 2016 In Pakistan

The official Eid-ul-Adha 2016 Holidays in Pakistan will start from 12th September and end on 15th September.

In Saudi Arabia the Eid-ul-Adha will be on 12th September and the Day of Arafat will be on 11th September.

Also Read:Zilhaj Moon is Not Sighted In Pakistan