Day: January 28, 2015

Experts caution environment issues may plague Pakistan in future

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article image SIDRA SAIF ISB: Pakistan is facing major environmental issues, mainly water shortage, which have the potential to plague the country in coming years in terms of impacting ecosystems and biodiversity besides triggering more natural disaster deterioration of climate change. They called for a comprehensive policy framework and its effective implementation involving all stakeholders to minimize environmental impacts. These views were expressed at a meeting organized by International Union…Read More

4th Pak nuclear reactor appears operational

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article image MONITORING REPORT ISB: Pakistan’s fourth heavy water reactor at Khushab nuclear site, which allows it to build a larger number of miniaturised plutonium-based nuclear weapons, now appears to be operational, a US think-tank has said. "A recently purchased Digital Globe high resolution satellite image dated January 15, 2015 shows that Khushab’s fourth reactor’s external construction is complete and has become operational," David Albright and Serena Kelleher-Vergantini of…Read More

Climate change issue again back on agenda

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article image STAFF REPORT ISB: Pakistan has reinstated the Ministry for Climate Change, suggesting the government plans to pay more attention to the issue as countries prepare a new international deal to curb global warming. In 2013, when the same government came to power, it downgraded the ministry to a division, removing its ability to make high-level decisions.In a turnaround earlier this month, the government appointed senator Mushahid Ullah Khan as Federal Minister for Climate Change, boosting…Read More

Planting more trees best solution to climate change

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article image STAFF REPORT ISB: Dr. Qamar-Uz-Zaman, former DG Pakistan Meteorological Department, calls climate change a threat greater than terrorism for its ability to have a widespread effect on a country, even influencing economic policies and other plans for the future. "Pakistan is an example to demonstrate the effects of climate change. It is still one of eight countries considered most vulnerable to climate change," said Dr. Qamar while talking to members of the Parliamentary Task…Read More

Planning Committee for COMSATS meeting opens

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MONITORING REPORT ISB: The Ministry of the Environment, Science, Technology and Innovation (MESTI), Ghana, has inaugurated a planning committee in preparation for the Third Ministerial Meeting of COMSATS. The meeting, scheduled for April 2015, is aimed at fostering sustainable development in developing countries through science and technology. COMSATS, is a Pakistan-based inter-governmental organization, made up of 21 developing countries, including Ghana, Nigeria, Senegal, China,…Read More

DNA barcode developed to identify halophytes

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article image STAFF REPORT KHI: Pakistani scientists have developed a "genetic barcode" system which could be used for accurate and quick identification of medicinally important halophytes (salt tolerant plants) across the world. The scientists from the Dr A Q Khan Institute of Biotechnology and Genetic Engineering (KIBGE) at Karachi University have collected different species of genus, Suaeda or Sea Blite commonly found in Asia.They also gathered different samples from across Pakistan and…Read More

PTCL boosting education through online learning

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article image STAFF REPORT ISB: PTCL continues to promote education and boost knowledge revolution by providing youth access to online learning through the company’s Illuminating Learning Movement (ILM) program. PTCL firmly believes that an educated Pakistan is a brighter Pakistan. The ILM programme comprises a free 1-year subscription of a progressive online learning solution (Click2Learn) to the youth. The subscription will help 5000 deserving Matriculation and Intermediate students to prepare…Read More

Pakistan ranked 4th in world as IT service provider

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STAFF REPORT ISB: Pakistan is the fourth largest IT service provider to the overseas clients ranked only behind US, India and Philippines with over 200,000 Pakistani professionals working in this field. It was disclosed during the maiden meeting of the Services Trade Development Council (STDC). Khurram Dastgir, Minister for Commerce, chaired the meeting. He said the ministry would put in place the regulatory framework necessary for enhancing the exports of services from the country. The…Read More

HBL signs deals with MasterCard, Monet for mPOS service

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STAFF REPORT KHI: HBL, Pakistan’s largest commercial bank, has signed deals with MasterCard and Monet for the rollout of the first Mobile Point-of-Sale (mPOS) service in the country. Faiq Sadiq Head, Payment Services, HBL, and Aurangzaib Khan, Country Manager - Pakistan and Afghanistan, MasterCard, and Ali Abbas Sikander, Chief Executive Officer, Monet, signed the agreements. The mPOS solution will enable micro and small merchants to accept credit, debit and prepaid cards as payment, and…Read More

Cellcos refused tax exemption on SIMs verification

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article image STAFF REPORT ISB: The Federal Board of Revenue (FBR) has categorically conveyed to the telecom companies that the government’s policy does not allow any new exemption of duties and taxes under compensation package for telecom sector. According to sources, a meeting of FBR team of tax managers and CEOs of all telecom operators held at FBR House last week on the re-verification of SIMs under the National Action Plan. The meeting mainly discussed the compensation package for telecom…Read More