Day: May 11, 2022

KARACHI: Special Assistant to CM Sindh on Investment Department and Public Private Partnership Projects Syed Qasim Naveed Qamar said on Wednesday that establishment of Direct Reduction of Iron Plant at Port Qasim will open new doors of investment in this sector and Sindh Government has taken many initiatives to bring more investors to motivate them to set up their plants in Special Economic Zones in Sindh. This he said while talking to a delegation of Tuwaiqi Steel Mills here on Wednesday in his office.

The delegation was led by Zaigham Adil Rizvi, Director Projects. On this occasion, CEO SEZMC Abdul Aziz Uqaili was also present. In the meeting, Zaigham Adil Rizvi shared an update on Pakistan’s first state-of-the-art Direct Reduction of Iron Plant to be set up at Port Qasim. He said that the project was expected to bring in an investment of more than USD 300 million.

Addressing the delegation, Qamar assured them his full support in establishing the plant and said that Sindh government was fully cooperating with local and foreign investors in setting up various industrial units in Special Economic Zones of Sindh which had been designed to boost up economic activities in the province.

KARACHI: Amid ongoing uncertainty in the country, Pakistani Rupee continued to slump against US Dollar in the interbank market.

The dollar closed at 190.02 when compared to the previous day’s close of 188.66 and the local currency depreciated Rs1.36 on the back of weak macros including higher import bill along with delay in the IMF tranche. US Dollar since the arrival of new government up by Rs 7.07 and on April 11 was at Rs 182.93.

In addition, the start of fiscal year up by Rs 32.48 Increase in dollar added pressure on debts by Rs 4200 billion. Meanwhile, Pakistan Stock Exchange (PSX) also witnessed a bearish trend as KSE-100 index full by over 600 points in intraday trade and fell below 43,000 mark.

KARACHI: Pakistan Medical Association (PMA) Secretary General Dr SM Qaisar Sajjad on Wednesday issued health alert to protect people from ongoing heatwave in the country.

In a statement, PMA Secretary General said that as per Pakistan Meteorological Department (PMD) alert, heatwave was likely to grip the Province of Sind from 11-16 May during which the maximum day temperature in Karachi might rise to 40°C and more whereas the maximum temperatures in Dadu, Sukkur, Larkana, Jacobabad, Shaheed Benazirabad, Naushero Feroz, Khairpur, Shikarpur and Ghotki districts could also rise to 46 to 48 °C.

PMA leader Dr Qaisar advised the public to adopt the following preventive measures to protect themselves from heatwave. Avoid going out unnecessarily during the day from 11:00am to 4:00pm. If it is necessary to go out, then go through the shady way and make it sure that you don’t stay longer in sunlight. It further said that if you go out, cover your head with cap or wet cloth. Do not go out barefoot instead wear light shoes. Do not play any game in an open area in sun.

He further instructed: “Wear lightweight, light-coloured, loose-fitting clothing. Children and old people should be more careful during Heatwave, because of low immunity they can suffer more. Always eat light and fresh home-cooked meals. Preferably eat vegetables, pulses, fruits, milk etc. If it is unavoidable to go out, then drink more water or home-made solutions. Drink 15 -20 glass of water/ liquids.”

The PMA secretary general says always use boiled water to avoid water-born diseases like cholera, diarrhea, gastroenteritis, typhoid, hepatitis A and E etc. Government should strictly manage to avoid load-shedding during these days and also make sure the continuously supply of water.

He said: “Save water. Do not waste it in washing cars or any other vehicles, floor, gardening etc. to avoid water shortage during heat wave. Public and private organizations should establish drinking water and first-aid stalls at public places and road sides.”

The PMA leader advises that in symptoms of heatstroke, make it sure that the affected person breath well, give him / her clean drinking water but in case of unconsciousness, do not put water or any edible into the mouth. Cool the person’s entire body by sponging or spraying cold water. Monitor the pulse and blood pressure of the patient and shift the patient to hospital urgently, he further advises.

KARACHI: Pakistan Peoples Party-Parliamentarian’s Information Secretary and Federal Minister for Poverty Alleviation and Social Security Shazia Atta Marri said Wednesday that Pakistan Tehreek-e-Insaf chairman Imran Khan’s strategy that targets institutions is dangerous for the country.

Pakistan Peoples Party did not support any policy of targeting institutions of Pakistan when were in the opposition and even is not supporting now while being part of the government, she expressed in a reaction over Imran Khan’s statement.

Marri said that PTI chief Imran Khan was using his opposition as a weapon to gain support from the national institutions. Ms Marri said that Imran Khan had right to engage politics openly in Sindh province and we were not among the political revenge takers. Marri further said that Imran Khan would not achieve any success by promoting incitement, hatred and prejudice in the country.