Day: March 6, 2015

Environmental degradation incurring Rs365 billion loss every year

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article image STAFF REPORT ISB: Like every poor and third world country having meager resources and low level of awareness about national issues, Pakistan too is confronting with the ever-increasing issue of environment degradation. The situation is very discouraging despite the fact that the country is signatory of a number of international protocols, conventions and agreements to control environment that involves agriculture, pollution, ecosystem, wildlife, land protection, increasing temperature,…Read More

Pakistan to get 1000MW from Tajikistan

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article image STAFF REPORT ISB: Pakistan, which is currently experiencing worst energy crisis, would get 1000MW energy under the CASA-1000 project in 2017. "His country is eager to enhance bilateral trade ties with Pakistan and would import 1000MW electricity to it," said Ambassador of Tajikistan Sherali Jononov in a meeting with RCCI President Syed Asad Mashadi. He said Pakistani kinno, mango and textile could get huge response in Tajik market but Pakistani business community needed to…Read More

Wetlands protect bio-diversity, environment

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STAFF REPORT ISB: Pakistan has about 225 designated wetlands that cover about 10 per cent of its land. However, there is little knowledge about the significance of these areas. These lands can play a leading role in protecting the environment, offering bio-diversity, fishing grounds and helping in flood control by absorbing water. Also, wetlands not only purify and replenish water, they also provide us fish that feed hundreds of millions of people. In Pakistan, wetlands are home to rich…Read More

Excitement fading despite 3G/4G users reach 9.07m

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article image STAFF REPORT ISB: Though, according to PTA data, 3G/4G subscribers have reached 9.07 million, yet the excitement of many users seems fading away due to higher prices and slowing speed. Last year, Pakistan entered the club of few countries of the world, where 3rd and 4th generation high speed data services in telecom sector were launched. Presently almost all of the service providers are offering high-speed internet services under different marketing strategies. According to…Read More

Pakistan, UK to work on priority areas in ICT

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article image STAFF REPORT ISB: Pakistan and Britain have agreed to formulate a "mutual working group" which will comprise high commission and ministry’s officials. This was agreed in a meeting between British High Commissioner Philip Barton and Minister of State for IT Anusha Rahman recently held in Islamabad.According to details, the working group will jointly work out the "priority areas" in ICT where; both countries could collaborate and cooperate. On the occasion,…Read More

Experts for tapping Pak, Turkey education expertise

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STAFF REPORT ISB: An exclusive discussion on "Higher Education and Current Trends in Turkey" has recently been held by the Rumi Forum, an international intercultural and peaceful coexistence organization, at its Islamabad Center. M. Ahsan Raja, Secretary Education and Training, was the chief guest. Prof. Dr. Serif Ali Tekalan, Rector, Fatih University (Istanbul), delivered the speech. Highlighting the increasing availability of state and private higher education scholarships such as…Read More

USF, Telenor enter deal for services

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article image STAFF REPORT ISB: The Universal Service Fund (USF) and Telenor have signed a contract worth Rs1.9 billion to provide basic telephony and data services to the population in the yet un-served areas of Chitral "Lot" consisting of identified areas in Chitral, Upper Dir and Lower Dir districts. On the occasion, Minister for IT Anusha Rahman said that through the rural telecom project in Chitral lot, an un-served population of around 1.2 million, people residing in 1,173 mauzas…Read More

Work on 1MW solar power project starts

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STAFF REPORT LHR: Reon Energy Solutions, a part of the Dawood Hercules Group - the largest private sector player in the energy sector, has conducted groundbreaking of the 1MW solar power project at Wah Nobel Chemicals Ltd. The project demonstrates Reon’s expertise in high scale solutions to meet industrial requirements and Wah Nobel Group’s commitment of adopting innovative technologies. "The growth in this sector is driven through partnerships," said Inam ur Rahman, CEO…Read More

Special force set up to protect forests against timber mafia

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Staff report PESH: Khyber Pakhtunkhwa province plans to raise a special force to protect forests from powerful timber mafia, generate jobs for youth and protect rights of forest communities. The provincial government has allocated one billion rupees for the project as the force would be equipped with sophisticated weapons, trucks and other necessary gears to guard the forests. The scheme is part of the Green Growth Initiative launched a year ago in Peshawar by PTI chairman Imran Khan…Read More