Day: July 17, 2012

FBR stopped from issuing Rs 27b tax waiver to cellcos

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article image STAFF REPORT IBD: FBR Chairman Mumtaz Haider Rizvi was recently interrogated for over two hours at the National Accountability Bureau (NAB) headquarters and was allowed to leave the premises only after he agreed not to issue a notification to write off the Rs47 billion on outstanding taxes for five cellular service providers of the country.According to the Bureau’s media wing, Dr Ayesha Siddiqa, the Rs27 billion includes a principal amount of Rs26 billion owed by five cellular service…Read More

Sewage water to irrigate vegetable crops

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STAFF REPORT IBD: Farmers - particularly small landholders - have now opted to use sewage water to increase crop productivity as, according to them, this kind of water carries all the natural contents required to increase the per acre yield.Agriculturists contend that the use of effluent has increased crop yields by up to 25 per cent. Given such claims, most of the small farmers prefer wastewater for vegetable fields in place of expensive pesticides and fertilizers."Tube well irrigation is…Read More

Infotech helps Kenya enhance investors interests

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STAFF REPORT LHR: InfoTech continues to achieve recognition for its proprietary Capizar® Capital Market Suite which has already been deployed successfully in Pakistan, Ghana and Bhutan. Most recently, the Company has won the bid to deploy an advanced Market Surveillance System, Capizar® Capital Market Suite, in Kenya as part of its mandate to maintain an orderly, transparent and efficient market, and thus protect investor interests across that country.Earlier, the CMA had embarked on a…Read More

WWF to boost Pak cotton exports

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STAFF REPORT IBD:  WWF - Pakistan’s Sustainable Agriculture Programme, has signed an MoU with Pakistan Cotton Standards Institute (PCSI). Purpose of this partnership is to introduce standardisation of cotton among the participating ginning SMEs and bring it at par with the internationally accepted standards for improving the competitiveness of Pakistan’s raw cotton as well as ensuring better returns to cotton farmers, ginners, spinners, exporters.Pakistan is the 5th largest producer of…Read More

| boost | Cotton | exports | Pak | WWF

Pak cell phone users cross 120m mark

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STAFF REPORT IBD: Pakistan’s cellular industry registered almost 120m subscribers by the end of May 2012, reveal the fresh statistics of PTA.It said that teledensity of cellular mobile subscribers in the country reached 68.8 per cent, up from 68.2 per cent.Mobilink stood at top with 36,048,127 subscribers at the end of May 2012, followed by Telenor with 29,896,660 subscribers. Ufone contented at third slot with 23,550,270 subscribers and Warid had 13,798,974 subscribers on May 31st, 2012, the…Read More

| 120m | cell | cross | mark | Pak | phone | users

Wateen partners with ISIC for 20pc line rent discount

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STAFF REPORT LHR: Wateen Telecom has announced to partner with the International Student Identity Card (ISIC) Association in order to work together to support students in Pakistan by signing an MoU with the Association.Under the MoU Wateen will offer 20 per cent discount every month on all WiMAX line rent to any person with a valid ISIC card for a year. The ISIC is a global standards body that issues identity cards to students from recognised educational institutes.The ISIC is the only globally…Read More

Mobilink Super Engineer Competition 2012

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article image STAFF REPORT LHR: Mobilink announced the results of the Mobilink Super Engineer Competition 2012’, which is an inter-university competition involving teams of students from the leading engineering universities of Pakistan, in which the students attempted real-life engineering projects, assigned by the Mobilink Technical Team.Finalist teams for "Mobilink Super Engineer 2012" were CASE, NUST and NED. The winning team was presented with an award titled "Mobilink Super Engineer 2012…Read More

Basic Life Support and Fire Safety Workshop concludes

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WWF-Pakistan recently signed a project agreement with European Union Switch-Asia Programme titled Sustainable cotton production in Pakistan’s cotton ginning SMEs’ which will help further expand the work of BCI. Under this initiative WWF-P also aims to empower and improving the working  conditions of poor labors working at ginning factory under Decent Work component as described by ILO.In support of project activities pertaining to Occupational Health and Safety, WWF-Pak organized a two days…Read More

Environment unfriendly plastic use

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MAN-MADE PLASTIC has been a boon in many ways and has countless uses, but it is also an environmental time-bomb waiting to explode. These plastics do not decompose easily and, hence, lead to countless health and environmental hazards when disposed of carelessly.Burning of plastic bags and items leads to the creation of noxious fumes, such as carbon monoxide. The noxious fumes have also had an injurious effect on the ozone layer, which prevents the harmful rays of sun from flowing into atmosphere…Read More

Rejuvenating SUPARCO main aim: Chairman

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article image Maj. Gen. Ahmed Bilal, heading SUPARCO as Chairman since Sept. 2010, is utlilising all available national resources to boost the National Space programme. He had a key role in launching the Pakistan’s first communication satellite in August 2011. After being placed at Pak Army’ GHQ, he did pioneering work in developing the structure of Nuclear Command and Control and raising of strategic forces. In recognition of his contribution to the National Development Programmes, he has been awarded…Read More