Day: May 13, 2014

International travel expo launched to highlight critical water paucity

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article image STAFF REPORT ISB: The International Travel Expo named "Water at the Heart of Science", jointly organized by Pakistan Science Foundation (PSF), Embassy of France, Islamabad and Centre Sciences, Orleans, France, has formally launched in Islamabad at the PSF premises with an aim to sensitize the masses on the critical water shortage especially in Pakistan. Minister of State for Parliamentary Affairs Sheikh Aftab Ahmad and French Ambassador Philippe Thiebaud inaugurated the event…Read More

Warid seeks permission to roll out 4G LTE

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article image STAFF REPORT ISB: To compete with the winners of 3G/4G licence, Warid Telecom has approached the Pakistan Telecommunication Authority (PTA) to allow the launch of 4G LTE (long-term evolution) service, while the authority is engaged in the process of reviewing this request. "PTA (Pakistan Telecommunication Authority) is reviewing the request/notification sent by Warid Telecom to start 4G service without obtaining any new licence, and its outcome will be as per conditions contained…Read More

President for coordination among education institutions

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article image STAFF REPORT ISB: President Mamnoon Hussain has urged all institutions to work with close coordination for progress and prosperity of the country. Addressing the recently held convocation of National University of Sciences and Technology (NUST) in Islamabad, he said that the government is focusing on promotion of science and technology with active participation of private sector. He said that the government plans to establish a science and technology park to promote advanced…Read More

Preston university organises entrepreneurial challenge 2014

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article image STAFF REPORT ISB: As many as 75 teams representing 38 eminent universities from across the country took part in the mega event - Preston Entrepreneurial Challenge- recently held at the Preston University Islamabad Campus. The teams that won first, second and third positions in the competition received attractive cash prizes of Rs.100, 000, Rs.75, 000 and Rs.50, 000 respectively. In addition to cash prizes, seed money to the tune of Rs. 800,000 was also awarded to the winners for…Read More

12 Pakistani firms win SAARC Corporate, Business Awards

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article image STAFF REPORT ISB: Almost a dozen companies from Pakistan are among the winners of the Saarc Corporate and Business Awards with Union Capital Ltd of Bangladesh clinching the top position in the region. The three-day SAFA Summit has recently been concluded with award ceremony where 80 Saarc Corporate and Business Awards presented to the leading South Asian companies in almost all sectors of economy. The awards covered almost all sectors of economy including private sector banks,…Read More

WFP to distribute 26,000 metric tons of wheat

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article image STAFF REPORT ISB: The Pakistan Economic Coordination Committee (ECC) has announced the release of 26,000 metric tons of wheat for distribution in Pakistan by the United Nations World Food Programme (WFP). The contribution, valued at $10 million, comes at a critical time when funding shortages are threatening WFP’s ability to provide emergency food assistance to almost one million people displaced by violence in the FATA. "This contribution is greatly welcomed and demonstrates…Read More

PCST holds workshop on problem-solving research

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article image STAFF REPORT LHR: The Pakistan Council for Science and Technology has recently organized a one-day consultative workshop on Encouraging Problem-Solving Research’ in Lahore. Purpose of the event was to identify systemic bottlenecks which cause hindrances in creating an enabling environment for problem-solving research and development, innovation and commercialization in universities. The event was organized in collaboration with the University of Management and Technology, Lahore. …Read More

SCM plans to install 50MW solar power plant

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STAFF REPORT KHI: Suraj Cotton Mills Limited, has resolved to form a 50 megawatts solar company S2 Solar Limited’ in Punjab with a long-term equity investment of up to Rs50 million. "Management of the company has suggested making an investment in the 50MW solar power project," the company notice said, adding shareholders will consider approving the resolution in the next EGM to be held on May 30. The Punjab govt has announced a guaranteed return of 17 per cent to 18 per cent on…Read More

NBP installs ATM at PARC branch

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article image STAFF REPORT ISB: The National Bank of Pakistan (NBP) PARC Branch, G-5/1, Islamabad has installed Auto Teller Machine (ATM) here at Main Atta Turk Avenue, Sector G-5/1, Islamabad. The ATM service was jointly inaugurated by Chairman, Pakistan Agricultural Research Council (PARC) Dr. Iftikhar Ahmad and Regional Head of National Bank of Pakistan (FEDC Region) Islamabad Tariq Zafar. On this occasion, the Chairman PARC appreciated the efforts of Branch Manager Nosheen Anwar for the…Read More

| ATM | branch | installs | NBP | PARC

Pak Theme Day airs space for environment investment

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article image MONITORING REPORT ISB: The "Pakistan Theme Day" has recently been held at the Pakistan Embassy in Beijing, which was attended by Chinese entrepreneurs, businessmen and investors. Purpose of the event was to attract Chinese investment in Pakistan by highlighting the business and investment environment there.On the occasion, Pakistan ambassador to China, Masood Khalid, said that Pakistan, being the most economical route for Chinese exports, is naturally positioned to serve as…Read More