Usman comprehends enormous potential in e-commerce sector




M. Usman Ali Sheikh is a graduate from FAST-NUCES. He was a highest achiever in O and A levels. Usman belongs to opulent family with business background, and knack of entrepreneurship has been inbred. He is the owner of prominent e-commerce site shopon.pk. Usman is enthusiastic entrepreneur who shared his views with Technology Times in an interview

Tell us briefly about yourself and highlights of your career?

I have been bought up in a pretty lavish environment, to be precise I

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Biotechnology imperative for agri sector uplifting: Speakers


STAFF REPORT ISB: An international conference focusing on "Agriculture, food security, and biotechnology" was held. The objectives of the conference were to highlight the advancements in the field of biotechnology and its significance for development of agriculture sector and mitigation of food security challenges.

The conference provided a platform for researchers and professionals to exchange the information and discuss the adaptation of latest biotechnologies in order to

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Pak-Turk identify areas for agri sector development




Staff Report LHR: In order to advance the cooperation in agriculture sector, a meeting was recently held between Turkish delegation and focal persons of Pakistan. The meeting was chaired by Rashid Mehmood, Secretary Agriculture Punjab.

Gulzar Hussain Shah, Special Secretary Agriculture, Hussain Sardar, Additional Secretary (Planning), Dr. Abid Mehmood, Director General Agri. (Research), Dr. Anjum Ali, Director General Agri. (Extension), Ch. Muhammad Ashraf, Director General (Water

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Pakistan-Nigeria to promote agri sector


Staff Report ISB: Nigerian High Commissioner, Dauda Donladi called on Federal Minister for National Food Security and Research (MNFSR), Sikandar Hayat Khan Bosan to discuss the opportunities of mutual cooperation for the promotion of agriculture sector.

Federal Minster gratified Dauda Donladi and expressed his deep interest to strengthen the bilateral ties of both countries through mutual cooperation in the agriculture, trade and other avenues.

Sikandar Hayat Khan Bosan offered his

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Govt. allocates Rs.142 billion for energy sector


Staff Report ISB: Federal Minister for Finance, Ishaq Dar while presenting budget 2015-2016 in National Assembly, promulgated to allocate Rs. 142 billion for energy sector in a bid to end load shedding by year 2017.

He said that, "The work is in progress to add 7000 MW to national grid besides another 3600 MW through LNG based power plants." Karachi nuclear power plants, Dasu, Diamer Bhasha Dam projects are also underway to account for menace of energy crisis, he added

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Pak-Turk identify areas for agri sector development


Staff Report LHR: In order to advance the cooperation in agriculture sector, a meeting was recently held between Turkish delegation and focal persons of Pakistan. The meeting was presided by Rashid Mehmood, Secretary Agriculture Punjab.

Gulzar Hussain Shah, Special Secretary Agriculture, Hussain Sardar, Additional Secretary (Planning), Dr. Abid Mehmood, Director General Agri. (Research), Dr. Anjum Ali, Director General Agri. (Extension), Ch. Muhammad Ashraf, Director General (Water

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Telecom sector abets to accomplish sustainable development goals: Anusha


Staff Report ISB: World Summit on Information Society (WSIS) with the theme "Innovating Together:Enabling ICTs for Sustainable Development" was held recently in Geneva, Switzerland. The summit aimed at creating an efficient mechanism for coordination of multi-stakeholder implementation activities, information exchange, creation of knowledge, sharing of best practices and continues to provide assistance in developing multi-stakeholder and public/private partnerships to advance

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Belarus offers support to Pakistan in S&T sector


Staff Report ISB: Chairman of Presidium of National Academy of Sciences of Belarus (NASB), Acad. Vladimir G. Gusakov, visited the Pakistan Academy of Sciences in Islamabad. He was invited by President of Pakistan Academy of Sciences (PAS), Dr. Anwar Nasim.

The Belarus Chief offered support in high tech areas like drone technology, space technology, nuclear energy, agricultural equipments and other areas of mutual interest. The meetingwas held at PAS Headquarters which was chaired jointly

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D-8 experts converge for halal sector development




BY: AHSAN JAMIL

Muslim population is approaching 2 billion and is expected to account for 30% of the world`s population by year 2025, with the global Halal market estimated at US $2.3 trillion covering both the food and non-food sectors (cosmetics, pharmaceuticals, transportation etc.); therefore Halal sector is one of the foremost frontiers in which the development is required to meet the needs of international as well as domestic market. The inevitable integration of halal sector

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Pakistan to get 325mmcfd LNG for power sector




STAFF REPORT ISB: Pakistan would receive 325 MMCFD of LNG on April 1, 2015 which would be a major breakthrough in the field of energy sector.

Finance Minister Ishaq Dar was informed the quantity of LNG will gradually reach 400 MMCFD by the end of the year. The LNG will be used in power sector to replace expensive fuel.

Secretary Finance, Dr. Waqar Masood gave an update on the implementation status of various initiatives, saying that a number of them had already been implemented

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Moot highlights role of private sector in national uplift




STAFF REPORT KHI: Management Sciences Department of Bahria University Karachi Campus has recently hosted a two-day National Conference on "Role of Private Sector in the Socio-Economic Development of Pakistan".

The aim of the event was to highlight and acknowledge the role of private sector in the economic wellbeing of the people and country, explore new roles of private sector and developing meaningful relationship between private sector and academia.

In his remarks on

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NA briefed about lowest spending on S&T sector


STAFF REPORT ISB: The National Assembly Standing Committee has been informed that Pakistan is spending only 0.5 percent of the GDP on scientific research which is lowest in the region.

Such low spending is negatively affecting economy and job creation in the country, officials of the Ministry of Science and Technology told the committee.

Briefing the committee, which met with Tariq Bashir Cheema in the chair, Secretary SandT Kamran Qureshi alleged that science and technology has been

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Young engineers termed future of power sector




STAFF REPORT LHR: NTDCL Director (Finance) Hammad Ahmad has said that young engineers are hope and future of the power sector and that the National Transmission and Dispatch Company is the backbone of the system which contributes to Pakistan’s development.

He was addressing the three-day Orientation/ Familiarisation programme duly arranged for newly appointed 92 junior engineers in the NTDCL from all over the country at Wapda House Lahore.

Hammad as chief guest of the occasion

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Microsoft GM sees potential in IT sector


STAFF REPORT KHI: Microsoft General Manager of North Africa, East-Mediterranean and Pakistan Region, Leila Serhan, has said that there is huge potential in the Information Technology (IT) sector in Pakistan and hoped that this sector would grow dramatically in just two to three years.
Leila, while talking to media in Islamabad, said that the Microsoft is bringing a strategy of mobile first, cloud first to Pakistan and "we see tremendous opportunities for individuals, businesses, and

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Chinese companies invited to develop farm sector




MONITORING REPORT LHR: Masood Khalid, Ambassador of Pakistan to China, has said that Chinese companies can team up with their Pakistani counterparts to develop agriculture sector for the food security of the two countries.
He said this while speaking at the China-Pakistan Trade and Investment Symposium recently held at Pakistan embassy in Beijing.
The event was aimed at enabling participants from Pakistani business and investment community to interact with their Chinese counterparts

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Telecom sector earned Rs951.59b for national kitty




STAFF REPORT ISB: Pakistan’s telecom sector contributed Rs951.59 billion to national exchequer during the last seven years.
The sector was contributing an average of Rs124.8 billion annually to the national exchequer in terms of taxes, regulatory fees, initial and annual license fees, activation tax, and other charges during last three years but in fiscal year 2014,it contributed an all-time high Rs243.8 billion, registering a growth of 95.8 percent over the last year.
A latest

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Blacklisted Chinese firm eyeing wind power sector




STAFF REPORT ISB: After being blacklisted in public sector by PPRA, Chinese company, Dongfang Electric Corporation (DEC), is now eyeing private sector for energy generation projects.
According to sources, Burj Wind Energy, a project of Burj Capital, has applied for the grant of generation licence in Nepra for a 13.5 MW Wind Power Project in Gujju, Sindh.
The company has acquired private agriculture land around 250 acres on lease of 20 years at Gujjo, Pir Jharion, Thatta, Sindh, which

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