Wednesday, February 1

Month: October 2022

Wahab says politics of Imran has been making fun of Pakistan

KARACHI: Administrator Karachi, Spokesman Sindh government and CM Law adviser Barrister Murtaza Wahab has said that politics of Imran Niazi has been making 'fun of Pakistan' and its people for four years. "Now he (Imran Khan) has no role in the country's politics. The people of Pakistan have thrown him out of power. The people involved in the Machar colony incident will be punished according to the law. The Sindh government will compensate the flood victims with Rs. 300,000 each family," the Administrator was briefing the media after the Sindh Cabinet meeting on Monday, provincial minister Mukesh Chawla was also present on the occasion. Wahab said that the local government law of Sindh was approved in the cabinet meeting and it has been officially approved through circulation. He sai...

Pakistan establishes technical group with China to boost economic cooperation

ISLAMABAD: Pakistan has established a technical group with China to benefit from Chinese expertise in increasing export potential and developing an export led economy. Addressing a ceremony here in Islamabad on Monday, Minister for Planning and Development Ahsan Iqbal said this working group will prepare a roadmap to increase Pakistani exports from existing 32 billion dollars to 100 billion dollars in the first phase and then to 250 billion dollars in the next phase. The Minister said PML-N led coalition government has accelerated the pace of China Pakistan Economic Corridor (CPEC) projects in the country as they remained stalled during the last four years. He said scope of CPEC has been broadened from government to government cooperation to business-to-business cooperation. Regre...

President for enhancing quantum of bilateral trade with Ireland

ISLAMABAD: President Dr Arif Alvi has underlined the need to bring a substantial increase to the quantum of bilateral trade between Pakistan and Ireland to realize the full potential of bilateral trade. He said the current level of investment by Ireland in Pakistan should be further enhanced by inviting Irish companies to invest in Pakistan and benefit from its lucrative foreign investment regime. The President expressed these views while talking to Pakistan’s Ambassador-designate to Ireland, Ms Aisha Farooqui, who called on him, here at Aiwan-e-Sadr, on Monday. Talking to the Ambassador-designate, the President said that there were immense opportunities for the IT-skilled youth and start-ups to secure online jobs in Ireland as more and more IT companies in Europe were shifting their...

Trust technology and youth to ensure sustainability in organizations: SECP Chairman

ISLAMABAD: “Technology is a key enabler to accelerate transformation of businesses for sustainable growth”, said Chairman Securities and Exchange Commission of Pakistan (SECP) Aamir Khan, in his address to ICAP’s All Pakistan Chartered Accountant’s Conference 2022. He pointed out that there are three integral challenges to sustainable growth of corporates, which also become cause for lack of transformation of companies into enterprises suited to transforming needs of the market and consumers. He noted these challenges to be avoidance of risk, emphasis on experience instead of nourishing newer approach from youth, and reluctance to adapt to changing needs of the market and consumers. He said the social and cultural factors of our country teach risk avoidance and doses the masses with ...

Continuity in Iran’s unrest to have fallout for the region: Experts

ISLAMABAD: Though there are a few genuine problems with the Iranian regime, the fault-lines are being systematically targeted through media-framing and threat-perception building in an orchestrated manner which, in turn, fuels unrest by mobilizing the populace, both domestically and internationally. This was observed during a session, titled ‘The Current Unrest in Iran and its Impact on Pakistan and the Region’, held here at the Institute of Policy Studies (IPS), says a statement issued by the IPS here on Monday. The session was addressed by Iran affairs experts Ambassador (r) Asif Durrani and Dr. Nazir Hussain, dean faculty of social sciences and humanities, University of Wah, besides Khalid Rahman, chairman IPS, and Ambassador (r) Syed Abrar Hussain, vice chairman IPS. The speakers...

Gwadar will be hub of trade and investment activities: DG GDA

ISLAMABAD: The master plan of Gwadar smart port city envisions the development of industrial base, thus the city will be the hub of trade and economic activities, and a great attraction for tourists, investors, and labour. These views were expressed by Mujeebur Rehman Qambrani, the Director-General of Gwadar Development Authority (GDA), while speaking at a special session on “Gwadar and the Road to Sustainable Development” organized by Sustainable Development Policy Institute here on Monday. He said masterplan of Gwadar port city is inspired by China’s city of Shenzhen and GDA is vigorously executing it for a timely delivery. “More than five years were spent on refining this master plan with close collaboration between Pakistan, China and other stakeholders,” he added. He apprised...