Day: February 6, 2012

Farm credit mechanism needs major overhaul

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article image STAFF REPORT IBD: Pakistan has witnessing increase in farm credit this fiscal year by Rs125 billion, including Rs5.5 billion by the microfinance banks and with the 21 per cent contribution to the GDP, the farm sector continues to be the country’s most important economic sector. However, despite such increase over the past decade, the net share of agricultural credit in the total formal-sector credit portfolio remained at only 4.5 per cent at the end of the year 2009-10 portraying a very dismal…Read More

Banks asked to adopt farm financing as doable business model

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article image STAFF REPORT KHI: The State Bank of Pakistan (SBP) has urged banks to adopt agricultural financing as a viable business model through development of specific products/schemes and disseminate best practices through grass-roots level programmes for farmers.Presiding over a recently held meeting of Agricultural Credit Advisory Committee (ACAC), SBP Governor Yaseen Anwar said that heavy rains of 2011 and devastating floods in 2010 had greatly affected the national economy in general and agriculture…Read More

Ufone Celebrates 11th Anniversary with great Zeal and Enthusiasm

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article image IBD: Ufone has recently celebrated its 11th anniversary with the commitment to remain the best cellular company in Pakistan. Ufone CEO Abdul Aziz has congratulated the Ufone family on successfully completing 11 years of achievement. He also said, we remain passionate about positioning Ufone as the leading integrated telecom company in Pakistan providing one of the most affordable and variety of services in the telecom market…Read More

Intel winners to attend world science fair

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article image STAFF REPORT IBD: Intel Pakistan marked the end of its national science competition by announcing the winners of the Intel National Science Fair, who will represent Pakistan at the Intel International Science and Engineering Fair (ISEF) 2012, to be held in Pittsburgh, USA.The grand winners are Shiza Ghulab, Mahnoor Hassan and Bushra Shahed from Institute of Computer and Management Sciences, Peshawar.ÊÊThe individual winners include Musa Rahim Khan from Agha Khan Higher Secondary School,…Read More

PTCL tops PTAs broadb and QoS survey

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article image STAFF REPORT IBD: The PTCL is leading all operators in Pakistan by providing to consumers the highest quality Broadband Internet service, reveals PTA’s second nationwide Quality of Service (QoS) 2011 survey results.The PTCL has been placed in category A (more than 95 per cent) at Lahore, Rawalpindi, Peshawar and Quetta, and in category B (more than 80 per cent) at Karachi for the 1Mbps wire-line broadband service.The survey was carried out in Lahore, Karachi, Peshawar, Quetta, Rawalpindi/…Read More

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PCSIR, DST enter research deal

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article image STAFF REPORT IBD: The Pakistan Council for Scientific and Industrial Research (PCSIR) Laboratories Complex, Peshawar, has recently signed a memorandum of understanding (MoU) with the Directorate of Science and Technology (DST) Khyber Pakhtunkhwa for collaborative activities to promote technologies and research products in the country.The ceremony among others was also attended by Chairman PCSIR Islamabad, Dr Shoukat Pervaiz; Director General PCSIR, Khyber Pakhtunkhwa, Engr Liaqat Ali and…Read More

Capacity building stressed to tackle glacial lakes floods

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article image STAFF REPORT PSR: Natural scientists and environmentalists say that communities’ involvement can mitigate the negative effects of glacial lake outburst floods in Khyber Pakhtunkhwa’s higher regions, preventing loss of lives and properties.At an orientation workshop of a newly-launched project, they said that the human and technical capacity building of the provincial public sector institutions dealing with climate change would enable them to understand and take measures for the prevention of…Read More

PTA develops Urdu version for Rabta Portal

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article image STAFF REPORT IBD: Urdu version for National Rabta Information Portal Services of Pakistan (www.pakistan.pk) has recently been launched, a single source facilitation web portal developed by PTA, providing information and content repository to information seekers from within and outside the country at one place in Urdu language."This new Urdu version would contain the same contents of the English version converted into simple Urdu language with similar layout and design," said an…Read More

49 villages converted on solar energy

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article image STAFF REPORT IBD: As many as 3000 homes in 49 villages of Sindh have been energized so far through the use of solar energy under the Rural Electrification Programme.According to an official, the PC-I for electrification of 300 villages of Balochistan have also been approved and will be executed on availability of funds under the programme launched Alternate Energy Development Board (AEDB) for remote areas in the country.The Board has also initiated Parliamentarians Sponsored Village…Read More

Students showcase science projects

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article image STAFF REPORT IBD: Students at Anglo-Oriental School at a recently arranged science exhibition exhibited projects highlighting a variety of issues.Students from play group to grade 10 showcased their work at the exhibition, which hosted about 50 projects. The themes of the projects varied from environment to education to physics, geography, biology and AIDS, among others. They were given freedom in choosing the themes for their projects, an official of the school administration told the media.The…Read More