USDA assures all help to boost dairy sector

STAFF REPORT LHR: A three-member delegation from the United States Department of Agriculture (USDA) has recently visited the University of Veterinary and Animal Science (UVAS) and appreciated the university’s dynamic role in boosting the livestock sector in the country.The delegation comprising USDA Advisor Ian Winborne, Senior Agriculture Specialist Asmat Raza and Veterinary Specialist Mubshara, accompanied by Animal Husbandry Commissioner Dr Kursheed Ahmad and FAO representative Dr Muhammad

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Micro-hydro power potential can make turnaround in Pak energy sector

Sidra CheemaTHE ENERGY-starved Pakistan is capable enough to produce over 50,000 megawatts of electricity at a cheap cost through micro-hydro power generation means especially in Khyber Pakhtunkhwa, Kashmir and Northern Areas of the country as these areas have a large number of sites where these power generation units can be installed.Pakistan is in dire need of overcoming its persistent energy shortfall which has critically dampened the national growth and economy in addition to routine life

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Bad predictions about telecommunication sector

REPORTS ARE predicting that Pakistan’s telecommunication industry will continue to suffer bad times particularly during the first half of the year 2013 thereby meaning no foreign direct investments, no progress, no more jobs and no economic activities even in the second half of the current year. The calling rates will go up while the industry as a whole will be focusing on regulatory side of the market to affect growth, in addition to further delay in the auction of 3G spectrum which was due

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3G tech to bring innovation in education sector: Siraj

STAFF REPORT KHI: The launch of 3G services will bring innovation in education sector throughout the country as the large number of students will be able to access the advanced studies with their smartphones and tablets."Education needs could be facilitated to masses through the 3G technology as if its expected benefits to different sectors in the future. The education transformation is inevitable with the availability of relevant content for studies and on the other hand smartphones and

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Blocking pre-paid SIMs may plunge telecom sector into crisis

By Paras AliAN IMBROGLIO-LIKE situation has emerged plunging the telecom sector as the stakeholders including cell phone companies and the common users into deep shock following the National Assembly’s select committee recommending elimination of all pre-paid SIMs in the country and converting the post-paid SIMs mechanism to tackle the crimes being committed through misuse of thee illegal SIMs.Similarly, Interior Minister Rehman Malik meanwhile declared that over-the-counter sale of mobile

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Reduced gas supply impacted fertilizer sector

STAFF REPORT IBD: Gas curtailment caused by the flagrant violation of the contractual obligations by SNGPL has severely impacted the operations of the fertilizer business in Pakistan. Due to this negative situation, the Engro Corporation Limited made a net loss of Rs 2,978 million during the nine months of 2012 as compared to the net profit of Rs 3,510 million during the same period last year.This was disclosed at a meeting of BoD of the company here last week. The loss is directly attributable

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Poultry sector confronting with potential challenges

STAFF REPORT LHR: The poultry industry is facing many challenges in Pakistan. One of the most important threats is Newcastle diseases and avian influenza viruses (H9N2) are prevailing in live bird markets in the country, which is haunting the investments and growth rate of poultry industry.According to Dr Mobeen Sarwar, PhD scholar at Department of Microbiology, University of Veterinary and Animal Sciences, Lahore, these live birds in the markets are potential source of the virus spread.

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Reduced gas supply impacted fertilizer sector

STAFF REPORT IBD: Gas curtailment caused by the flagrant violation of the contractual obligations by SNGPL has severely impacted the operations of the fertilizer business in Pakistan. Due to this negative situation, the Engro Corporation Limited made a net loss of Rs 2,978 million during the nine months of 2012 as compared to the net profit of Rs 3,510 million during the same period last year.This was disclosed at a meeting of Board of Directors of the company here last week. The loss is

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IT-the most promising sector in Pakistan

Via Pakonomy.ComIT SECTOR has been amazingly widespread in recent years around the world, and has seen a prolific growth in its industry in Pakistan. No doubt that IT sector is in its early years in Pakistan and has yet not reached its full maturity, however a closer scrutiny will expose the benefits this sector has and can ripe for the bright future of Pakistan. The Ministry of Information Technology under the Government of Pakistan is in command of managing and regulating this industry.

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Livestock sector in Pakistan: Recent trends and progress

Farhan Ali and Dr M Jassar AftabLIVESTOCK SECTOR occupies a unique position in the socio-economic development of Pakistan. It also plays an important role in the rural economy as supplementing family incomes and generating gainful employment in the rural population, particularly among the landless labourers, small and marginal farmers and women. About 30-35 million rural population is engaged in livestock raising, having household holdings of 2-3 cattle/buffalo and 5-6 sheep/goat per family

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Hard times a blessing for Pak IT sector: Farooq Sik and er

Farooq Hasan Sikander carries with him 31 years of successful experience providing fiscal, strategic and operations leadership in uniquely challenging situations. Presently, he has been appointed as Chief Executive, Hascombe Business Solutions (Pvt) Ltd. He is dynamic results-oriented leader and possesses superior interpersonal skills and capable of resolving complex business issues. Ha has also worked as Chief Operating Officer, CubeXS Weatherly Pvt Ltd, Karachi. He is the recipient of a number

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Multiple concerns on stagnant IT and telecom sector

PAKISTAN WITNESSED a high boom in its IT and Telecom sector from 2001 to 2005 with remarkable investments to the tune of Rs 9 billion mainly due to the successful implementation of reforms in the country. No doubt that Pakistan had secured the top notch among the South Asian states in terms of growth rate in addition to production of highly skilled manpower and availability of IT and telecom services on comparatively cheaper charges in the world market. However, since the last couple of years

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Balochistan farm sector declining

STAFF REPORT IBD: Farmers are regularly losing billions of rupees especially in Balochistan mainly due to the rising input costs which is causing decline in agriculture output by 50 per cent."The Balochistan’s agriculture sector was in decline because of energy costs rising, leading many to abandon the sector altogether," said spokesperson of the Falahi Anjuman Wholesale Vegetable Market, Shaikh Waqar Ahmed.He said that Balochistan has seen a rising trend of imports as domestic

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Pak farming getting benefits of telecom sector

STAFF REPORT IBD: PTA Chairman Dr. Mohammed Yaseen has said that Pakistan telecom sector is considered as an exemplary growth model around the globe and our agriculture sector can also be a model by adopting telecom and getting its benefits. Today, we have total teledensity of over 72 per cent with 119.9 million mobile subscribers.He said this at a workshop on "What Can Telecommunications Do for Agriculture" recently arranged by the PTA here in collaboration with LIRNEasia, a regional

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Gas diversion to power sector halts urea production

STAFF REPORT KHI: Gas supply to the Fauji Fertilizer Bin Qasim Limited (FFBL) remained suspended even after the passage of about ten days for which the company had to shut down its Urea plant, whereas its DAP plant continued to operate due to its lower gas requirements.According to an official, the government had decided to curtail FFBL’s gas for 3 days on rotational basis; consequently the company’s gas would be fully restored by June 23, yet the situation persists.Clarity is yet to emerge

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ICT role in SME sector growth

THERE IS hardly any iota of doubt that Information and Communications Technology (ICT) has a key role to play in driving innovation and competitiveness for small businesses and the IT sector itself. But at the same time equipping the labour force with the right skills and providing access to high-tech infrastructure are still major grey areas especially in Pakistan that need a serious review to fully tap the ICT potential. Though presently, huge investments have been made on ICT especially in

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Telecom sector revenue swells over to Rs 197b

STAFF REPORT IBD: Half yearly revenues of the telecom sector have reached all-time high of Rs 197.68 billion during the first half (July-December 2011) of current financial year. The second quarter revenues for telecom sector stood at 99.4 billion, that’s all time high in a quarter, registering a growth of 9.1 percent over the corresponding quarter in previous year.The statistics of PTA show that this growth in telecom revenues, despite declining ARPUs and stiff competition, is due to higher

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