Chinese firm ready to strengthen Pak auto sector


STAFF REPORT KHI: A leading Chinese group, Zotye Holding Group, has expressed its interest in having a joint venture with Pakistani firm Raja Group of Industries to make Pakistan the manufacturing base for export of Zotye vehicles to South East Asian markets. This Chinese group is a modern automobile enterprise taking the RandD and manufacturing of vehicle, new energy vehicle and key auto parts like engine, auto mould, transmission as its core business. In recent years, Zotyes every

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Latest testing standards unveiled for cement sector




STAFF REPORT LHR: The Cement Research and Development Institute, a subsidiary of Technology Upgradation and Skill Development Company, has recently augmented its cement testing portfolio with the addition of PS: 5313-2014 and PS:5314-2014. These latest standards have recently been embraced by PSQCA and CRandDI took an endeavor as an initiative to launch the testing for common and masonry cement at the institute.
According to an official of the PSQCA, it has facilitated the construction

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Govt focusing environmentally safe telecom sector




STAFF REPORT ISB: State Minister for IT and Telecom Anusha Rehman has said that the government is devising a comprehensive information technology and telecom policy by reviewing the laws regarding omission of carbon, recycling of e-material and environmental protection issues in the telecom sector.
"The protection of the interests of consumers was topmost priority of the government. The ministry mulls introducing new techniques to protect the interests of consumers. Ministry was

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Textile sector stresses revival of sick units




STAFF REPORT FSD: Textile entrepreneurs have urged the government to do its utmost for the revival of sick units as yarn consumption at international level is declining and local value-added textile sector can exploit the situation.
They said revival of such units would also provide jobs to the jobless if the government provides them with required working capital to take benefit of the GSP Plus status from the EU.
They held a meeting to review the situation of the sick units held

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Industrial sector needs conducive environment to showcase potential




STAFF REPORT ISB: Pakistan’s industry particularly textile manufacturing-cum-exporting sector is in deep recession courtesy the persistent energy crisis, law and order situation and unfriendly investment opportunities, and requires immediate support from the government for resurrection.
This is also a fact that the country’s textile sector has a potential to meet not only the domestic requirements but also earn a substantial foreign exchange through enhanced exports. However, the

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Balochistan seeks centres help for farm sector


STAFF REPORT ISB: Balochistan has sought the federal government’s support to meet 50 per cent cost of agricultural development projects in the province.
Balochistan Agriculture Minister Aslam Bizenjo raised this issued during a recently held meeting of the ministry of national food security and research in Islamabad.
On the occasion, he briefed Federal Minister for National Food Security Sikandar Hayat Khan Bosan on the needs for the development of agriculture in the province,

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Climate change impacts on water availability and agriculture sector




Globally agriculture sector is assailable to climate change. Pakistan stands amongst the extremely affected countries by the fluctuation of climate. Food security and water availability would be badly affected, because of fickle rainfall patterns, weather trends, and extreme events such as floods which have been besetting our agriculture sector gravely. Climate change experts warned Pakistan due to the existence of five major hazards related to climate change. There will be glacial

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Govt making efforts to boost industrial sector




STAFF REPORT ISB: Highlighted the need for addressing industrialisation as a solitary goal in the forthcoming post-2015 Sustainable Development Goals (SDGs), Federal Minister for Industries and Production Ghulam Murtaza Khan Jatoi has said the government was promoting Inclusive and Sustainable Industrial Development (ISID) to harness full potential of the industry.
He said at a consultative workshop on "Unido future cooperation with MoIP-Inclusive and Sustainable Industrial

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Govt seems least bothered to boost S and T sector


STAFF REPORT ISB: Science and technology seems to be lowest on the government’s development agenda. A drastic cut has been slapped on recurring budget or allocations for new projects. Some projects being executed by the Ministry of Science and Technology have been shelved. A meager amount of Rs903 million has been set aside for 31 projects in the Public Sector Development Programme (PSDP) for 2014-15 for various ongoing and new projects against Rs2.1 billion allocated for 51 projects last

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Canada agrees to extend support for agri sector




STAFF REPORT KHI: Canada is planning to work on a massive development programme for Pakistan especially on the agriculture sector, as there is a vast potential in this area.
"Almost half of the population of Pakistan is not yet developed to its full potential. However, we should work together for developing the policies for the agriculture sector, especially dates which has large export market," Canadian High Commissioner Greg Giokas said this in a meeting with President KATI

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Germans assure support for energy sector


STAFF REPORT LHR: The Punjab government is taking all possible steps for coping with the problem of shortage of energy at the earliest and the energy crisis will certainly be overcome with the cooperation of friendly countries.
"The Punjab government is working on the projects of generating energy through hydle, biomass, biogas, solar and other sources," said Chief Minister Shahbaz Sharif while talking to head of German Ministry for Economic Cooperation and Development on Pakistan

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Need to regulate medicinal plants sector


Medicinal plants have always been an important contribution to healthcare and livelihoods, and recently identified as among the most valuable non-wood forest products across the world. Unfortunately, harvests to meet the demand for a growing number of medicinal species are in many cases exceeding sustainable levels. Subsequently, the wild medicinal plant populations and the benefits derived there from are coming under threat. The demand for plant-based herbal products has grown exponentially

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Agri sector has potential to boost GDP




STAFF REPORT LHR: Pakistan has a rich and vast natural resource base, covering various ecological and climatic zones; hence the country has great potential for producing all types of food commodities. More than 75 per cent people are engaged in agriculture sector. It contributes 21 per cent of the total GDP in Pakistan’s economy.
It provides employment to 45 per cent of people. It is source of raw material and output to industrial sector as well. Nowadays, this important sector is

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TeleCON for digitised ecosystem to define telecom sector




STAFF REPORT KHI: The 7the Pakistan TeleCON 2014 has recently been concluded in the city with regulators and experts determining that a data revolution, connected communities and a digitised ecosystem will define the telecom sector in Pakistan. The theme of the conference was "The Changing Dynamics of Telecom and ICT Sectors in Pakistan".
Organised annually by SHAMROCK Conferences International, to highlight and debate on critical issues and opportunities concerning the

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Pakistan keen to develop S and T sector


STAFF REPORT ISB: Federal Minister for Science and Technology Zahid Hamid has said that Pakistan is keen in the development of Science and Technology (SandT) sector and is playing an active role in this regard.
The minister said this during a meeting with Italy-based World Academy of Science Executive Director Prof. Romain Murenzi.
He said that they are working for the science diplomacy and South-South cooperation, said a press release.
He further apprised the World Academy of Science

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Smuggled Iranian LPG threatening local sector


STAFF REPORT LHR: Terming smuggling or under-invoiced imports from Iran a threat to the organised liquefied petroleum gas (LPG) sector and public health in Pakistan, the LPG Marketing Association has said the supply chain operates on fixed margins after procurement from producers.
"The price of LPG is determined by producers and not marketing companies. Technically, the government fixes the LPG rates as 63 per cent of the gas produced is sold by public sector companies," the

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Potential of biotech in public health sector discussed


STAFF REPORT ISB: Speakers at the Pak-China Business Forum 2014, the grand 4-day business and technology show, discussed the challenges and potentials of biotechnology in public health sector from both sides.

Dr. Anwer Naseem, Secretary General, Pakistan Academy of Science and Technology delivered a knowledge full speech on current and future scenario of biotechnology in details in a workshop.

Dr. Gan Zhong, Deputy Director General of Guangzhou Institute of Geochemistry, delivered his

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