Day: November 28, 2012

Pakistan needs to move world against Indias water aggression

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article image STAFF REPORT IBD: Though Pakistan has once again shown a very flexible attitude towards normalization of bilateral relations with India by agreeing on soft visa policy following its earlier commitment to give the Most Favoured Nation status to its rival neighbour, however, the Islamabad government must not ignore the adamant rather aggressive policies of New Delhi especially on water issues as the latter is constantly building constructing water reservoirs and dams on the river waters allocated…Read More

SBP gets global repute for branchless banking

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article image STAFF REPORT KHI: The State Bank of Pakistan (SBP) has gained international recognition for its regulatory role in microfinance and branchless banking by making an enabling environment for their development in Pakistan.According to an international media report, the World Bank has praised SBP for its innovative approaches in expanding the access to financial services for the unbanked and underserved population of the country."Pakistan has one of the best regulatory environments in the world…Read More

Govt slaps ban on mobile number portability

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STAFF REPORT IBD: The government has banned the mobile number portability (MNP) service as a part of the country’s "counter terrorism measures", but by doing this, it has made the cell phone users and all the customers feel deprived from their basic right of switching over to a cellular network of their own choice.In addition, the government and PTA in a recently held meeting have strictly ordered to impose a ban on the sale of unregistered SIM cards for mobile phones. It was also…Read More

Cellcos directed to block all SIMs stocks by Nov 30

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article image STAFF REPORT IBD: The government has recently directed all cellular mobile operators to block all SIM stocks available in the market and hand them over by November 30 this year.No SIM stocks shall be available at any sale point including customers’ service centers, franchises and retailers with effect from December 1, 2012. All cellular firms will allow roaming facility only to registered/verified satellite phones subscribers.In order to formally communicate this directive to the companies,…Read More

Microsoft opens MIC in Arfa Karim STP

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article image STAFF REPORT LHR: After two years of consistent efforts, Microsoft has unveiled the Microsoft Innovation Center in the Arfa Software Technology Park Lahore, one of its kind in Pakistan.MIC is established with the aim of facilitating the local IT-based economy, MICs are state-of-the-art technology facilities built to foster innovative research, technology development and provide software solutions to a plethora of government, academic and industrial stakeholders.As many as 4300 school IT labs…Read More

| Arfa | in | Karim | MIC | Microsoft | opens | STP

Efforts on to promote date palm cultivation

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article image STAFF REPORT FBD: The Pakistan Horticulture Development and Export Company (PHDEC) is contemplating to boost the horticulture sector of Pakistan and will go for serious measures to increase the export of fresh and dried dates.This was stated by Assistant Manager, Supply Chain, PHDEC Omar Hafeez while speaking at a recently held one-day seminar on date palm cultivation in Punjab at the Ayub Agriculture Research Institute (AARI), Faisalabad.According to a spokesperson of the company, Omer further…Read More

PTA directs cellcos to slash night packages

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STAFF REPORT IBD: The Pakistan Telecommunication Authority (PTA) has directed the mobile companies to slash their night calling packages as these are proving to be a cause of social nuisance across the country.PTA Chairman Farooq Awan is of the view that these packages were causing social degeneration; that is why we have announced to deprive the consumers of this facility, adding that this facility had been announced for better communication but majority of people started using it negatively…Read More

Zong, Askari Bank sign MoU for branchless banking

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article image STAFF REPORT IBD: The State Bank of Pakistan has issued branchless banking licence to Zong and Askari Bank."Zong in collaboration with Askari Bank will be launching a complete branchless banking solution including wide spectrum of services like mobile account, money transfers, utility bill payment," a senior official of Zong said in a statement.He said that Zong and Askari have entered a pilot project which went under SPB audit in mid-September 2012 and last week the licence to launch…Read More

End to middlemans role can boost kinnow export

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article image STAFF REPORT LHR: The growth of the kinnow industry in the country can be possible only when the dominating role of middleman is diminished in the whole process and subsequently the exports of citrus fruit could be enhanced manifold provided the farmers are provided direct benefit."At present Pakistan is among the top 10 citrus growing countries in the world and the world export market for horticulture products is about $80 billion, in which Pakistan’s share is not up to mark. The kinnow…Read More

Rates of students reaching univarsity ups

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article image STAFF REPORT LHR: A number of students reaching a professional university have increased from 2.2 per cent to 7.2 per cent while whereas the number of students to get enrolled in colleges has exceeded 11.8 per cent from 6.26 per cent during the last ten years."From 2002-03 to 2011-12 the rate of females to get admission in a professional university has reached 7.9 per cent whereas the enrollment rate of males is now 6.6 per cent during the last decade," reveals a fresh report on the…Read More