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Thursday, October 28, 2010

Gas, power load-shedding in industrial areas

Industrialists threaten not to pay utility bills

NBP holds executives conference ISLAMABAD: A meeting of the representative of National Bank of Pakistan's (NBP) all central board executives and management was held here on Wednesday. Various employees issues were discussed to resolve them. During this meeting all the participants reposed full confidence in the leader ship of the President of the Bank and assured maintenance of industrial peace in the institution. The CBA's also expressed their gratitude for liberal and highly motivating pay package earlier announced by the Management.-PR

the bills to any of the utility agency. The former Chairman, KATI, Mian KARACHI: The industrial sector has Zahid Husain in his proposal advised the shown great concern over the massive government to immediately arrange an closure of industries in Karachi if the additional 200 to 300 mega watts from KESC and SSGC execute their plan to WAPDA to KESC so that load-shedding carry out load-shedding in industrial areas plan by KESC would not be extended to compelling industries to stop payment of industrial areas. He pointed out that bills to both the utilities' agencies. except Karachi rest of the country is not The Chairman, Korangi Association of facing load-shedding and WAPDA can Trade and Industry (KATI), Syed Johar easily enhance power supply to KESC. Ali Qandhari along with representatives The Chairman, Pakistan Tanners of other town associations warned gov- Association, Aziz Ahmed pointed at this ernment that industrialists would be occasion that load-shedding has already forced to stop payment of bills to KESC started in Tannery Zone (Sector 7-A) and and SSGC if the load-shedding would be leather industry has been badly affected. extended to industrial areas as per the He said that Eidul Azha is approaching schedule announced by the KESC. fast and this is very crucial time for this Qandhari said that load-shedding by second largest export oriented industry KESC in industrial areas would result in when it collects whole year's raw material closure of many industries while production in shape of skins and in case of load-shedof all the factories would be badly affected ding the huge stocks of hides and skins KARACHI: An independent consumer survey condue to which they would not be able to pay would be destroyed. ducted by The Nielsen Company has shown that consumers have highly positive perceptions towards products or services that are associated with the Superbrands logo. Over 70 per cent of the respondents said that they are more likely or much KARACHI: Intel Pakistan KARACHI: Sindh Employers' Federation of more likely to consider buytoday announced the Minister for Tourism Pakistan (EFP) in collabo- ing a Superbrand. About appointment of Naveed Shazia Marri has said that ration with ILO two-thirds said that they are Siraj as its new Country women in Pakistan are fac- (International Labour more likely or much more Manager. Siraj joins Intel ing difficulties and attitude Organization) under its 3 likely to recommend a from Hewlett-Packard and problems by their col- years project to address the Superbrand to a friend. More will be based in Karachi. leagues at workplaces and issue of gender disparity in than half the respondents Siraj began his career in stressed need to sensitize Pakistani society. believed that Superbrands 1993 and has in total more society for provision of Shazia Marri said that are trustworthy brands and than seventeen years IT better environment at the problems of women nearly 7 out of 10 said that industry experience in roles workplaces and maximum were existing because all these brands must be high including Account Sales possible opportunities to policies of women empow- quality products. The Manager, National Sales womenfolk as available to erment are being formulat- Nielsen Omnibus Survey Manager and Country male in daily life. ed by males. She criticized was conducted in October Lead. He holds a Bachelor's This she said while that people blame America 2008 in South East Asia. in Computer Science & addressing as chief guest other western societies for Superbrands has also Engineering, from to an interactive advocacy the social problems in launched its program in University of Nebraska at workshop under title Pakistan but nobody real- Pakistan and is collaboratLincoln and a Master's in "Promoting Gender ize that we do not follow ing with Nielsen Company Industrial Engineering from Responsive Practices at our own laws and said that for identifying top rated the State University of New workplaces" here at a local the people even do not fol- brands in the Pakistani York.-PR hotel, today, organised by low traffic laws.-Online market.-Agencies M Imran Sharif

Superbrands, a trusted mark

Naveed Siraj made Intel's country manager

Marri advocates better workplace for women

20:00 20:05 21:00 22:00 22:05 23:00 23:05

Programmes Chai Time (Rpt) News Pehla Sauda News Bazaar News Ghar Ka Kharch News Islamabad Say (Rpt) News Power Lunch News Akhri Sauda Agri Business (Rpt) Karobari Dunya Ghar Ka Kharch Chai Time News Mang Raha Hai Pakistan News Islamabad Say Pakistan Aaj Raat News Doosra Pehlu News Awam Ki Awaz (Rpt)

TV PROGRAMMES THURSDAY Time Programmes 7:00 News 8:00 News 9:05 Subah Savere Maya ke Sath 11:00 News 12:00 News 13:10 Newsbeat (Rpt) 14:10 Tonight With Jasmeen (Rpt) 15:00 News 16:00 News 17:30 Samaa Metro 18:00 News 18:30 Samaa Sports 19:30 Crime Scene 20:03 Newsbeat 21:00 News 22:03 Tonight With Jasmeen 23:00 News 23:30 24

Chile delegation meets Sindh finmin

Investmets prospects in Sindh on rise KARACHI: Investment prospects in Sindh are not only bright but fruitful as well for potential investors and entrepreneurs, these observation were made by Sindh Finance Minister Syed Murad Ali Shah during his meeting with a delegation led by Chairman LUKSIC Group Andronico Luksic from Chile at his office here today. Appraising the delegation members of the investment prospects in Sindh, the Provincial Finance Minister Syed Murad Ali Shah stated that Sindh province is very rich in natural resources and the present Government will extend every possible assistance and help to investors; investment in projects of irrigation, coal, hydro power, mining, can be very productive and profitable, he added, The Sindh Government will ensure to provide full security to foreign nationals, working on any project in Sindh, he further said.

IoBM’s moot on corporate strategy

THURSDAY Time 8:00 9:00 9:15 10:00 10:15 11:00 11:05 12:00 12:05 13:00 15:15 14:00 15:02 15:30 16:15 17:05 18:05 19:00 19:30

KARACHI: Shazia Marri, Minister for tourism addressing to the gathering during Interactive Advocacy Workshop on Gender Equality hosted by Employs Federation of Pakistan at local hotel.-Staff Photo

Staff Reporter

KARACHI: Traders of Sher Shah Market hold a demonstration rally against non arrest of the culprits of Sher Shah market Firing incident.Online

Sindh Bank to credit rural farmers

Sharmila lauds SBP nod for Sindh Bank KARACHI: Advisor to Chief Minister Sindh on Information Sharmila Farooqui has applauded the State Bank of Pakistan for issuing NOC for the establishment of Sindh Bank and said this outcome is a landmark achievement which would bring an innovative social, agriculture and economic development in the province. "Sindh Bank will provide a big component of microfinance and agriculture credit to farmers in rural Sindh and small enterprises in urban slums. It will

expand micro finance and agriculture credit to millions in Sindh," she said while talking to media at her office. The credit of achieving NOC for the establishment of this innovative bank goes to President Asif Ali Zardari, Prime Minister Yousuf Raza Gillani and Sindh Chief Minister Syed Qaim Ali Shah who made hectic efforts in this regard, she said. The advisor said, "we held deliberations with technical experts who convinced us that this initiative

is needed to be taken forward and we have now finally got NOC from the SBP which is a milestone for opening new avenues for the progress in Sindh province". She said that the government is implementing a multi-dimensional plans to financially empower deprived sections of the society, particularly farmers and small traders. Sindh bank would be a commercial venture and the private sector would hold its majority shares", she added.-APP

New US envoy meets President Staff Correspondent ISLAMABAD: Cameron Munter, the newly appointed Ambassador of the United States to Pakistan, presented his credentials to Asif Ali Zardari at the Aiwan-eSadr in Islamabad today. Speaking at the ceremony, Ambassador Munter told the President, "I am

looking forward to working with the democratically elected Government and with people around the country to strengthen our deep, long-term relationship based on honesty and mutual respect." The Ambassador expressed US appreciation for Pakistan's sacrifices in its ongoing fight against extremism and terrorism. He also

assured the President of America's continued support for Pakistan's economic development, and for regional stability. Ambassador Munter was joined at the ceremony by his wife, Marilyn Wyatt, and accompanied by Deputy Chief of Mission Stephen Engelken, Civilian Assistance Coordinator.

Later, Secretary Coal and Energy Mineral Department Sindh Ijaz Ali Khan informed the delegation members of the tremendous potential, that exists in Thar Coal field and said that there exists 176 Million tons of Coal and that within a month international competitive bidding for 4 blocks will be under taken along with (EOI)Expression of Investment in Thar infracture projects with a view to have a complex of petro chemical. The leader of the delegation Andronico Luksic thanked the Provincial Finance Minister and others for the information provided with regard to potential of investment in Sindh and said that Pakistan must keep Latin American countries in view as regards attracting investment; and further that upon his return he will place with his Chilean Government the request to open its Embassy in Pakistan as well to further enhance economic ties.-APP

Qaim inaugurates tailoring centre KARACHI: Chief Minister Sindh Syed Qaim Ali Shah on Wednesday inaugurated a Tailoring Centre under Economic Development Project for Women established by National Commission for Human Development in collaboration with Shaheed Benazir Bhutto Youth Development Program at Razzaqabad relief camp. The centre will initially impart training to 50 ladies in tailoring, cutting, sewing etc. According to a program, 350 centers will be established in 13 districts

where about 8750 ladies will be trained. Chief Minister was informed that four-months training will be imparted and trainee will be paid a stipend of Rs2500. Chief Minister went round the training centre and inspected facilities being provided to them. Provincial Ministers Syed Ali Nawaz Shah, Tauqeer Fatima Bhutto, Sajid Jokhio; Chairperson NCHD Nafeesa Shah, Advisors to CM Sindh Rashid Hussain Rabbani, Siddique Abu Bhai.-PPI

FPCCI calls for safeguarding consumer rights KARACHI: Federation of Pakistan Chambers of Commerce and Industries (FPCCI) Standing Committee on Consumer Rights Protection in its second meeting on the ongoing related problems caused to consumers due to adulteration and contamination in the food items has stressed the need for legislation and regulations that the government need to put in place for creating a healthier environment for consumers. The meeting was chaired by Committee Chairperson Huma Bukhari at Board Room, Federation House Karachi. It was decided in principal that the committee members would undertake visits to the healthcare units in various towns, provide assistance and extend financial support to continuation of quality service to the people. The meeting also focused on the identification and removal of quacks existing in almost every town, which are playing havoc with the health of innocent people. Huma Bukhari called for raising the awareness about the consumer issues and involvement of the committee in addressing them. The awareness should be a joint effort involving media, civil society, academia and other social stakeholders in order to educate people about consumer protection rights and its protection, she vowed.-Online

KARACHI: Institute of Business Management's (IoBM) first conference on corporate governance strategy and its competitiveness, in collaboration with Pakistan Institute of Corporate Governance (PICG), Center for International Private Enterprise (CIPE) and Marketing Association of Pakistan (MAP), is scheduled to be held on Nov 10. This was announced in a statement issued by the public affairs section of the institute. This Conference provides multiple opportunities to gather with conference attendees and influStaff Reporter we are bringing a famil- from next week. ence the community of feliar, faster and more intuThe first of a series of low senior market leaders. KARACHI: Nokia's lat- itive user experience to smartphones based on the est entertainment smart- the world's most popular new Symbian, the Nokia phone Nokia N8 with smartphone platform," N8 is fast, easy to use Ovi services and unlimit- says Imran Mahmood, and supports true multied playing capabilities GM Nokia Pakistan. tasking, allowing users to has arrived in Pakistan. Customers who had run multiple apps simulThis was announced at pre-ordered the Nokia N8 taneously and switch the press launch of the with Ufone service cen- between them easily. device at a local hotel tres will start receiving Social networking on LAHORE: Pakistan today. their phones today the Nokia N8 is as easy Industrial & Traders "With the N8 and the whereas the device will as making a phone call or Associations Front (PIAF) new Symbian software, be available at retail sending an SMS. has expressed deep concern over the reports issued by State Bank of Pakistan and Transperancy International and urged the government to take corrective measures to save the country from further economic collapse. In a press statement issued here the PIAF Acting Chairman Khwaja Shahzeb Akram said that the reports of both institutions were well reflecting the fragile state economy, declining trade & industrial activities and lack of merit in the country. He said that the circumstances were causing bad name for the KARACHI: Group photo of Imran Khalid Mahmood, Country General Manager Pakistan & Afghanistan and Henri Mattila Head of Category Marketing, country and foreign Mobile Computers Middle East and Africa models show a new Nokia N8 investors were not ready to Mobile phone during its launching cermony at local hotel.-Staff Photo invest a single penny.-APP

New Nokia N8 hits Pak outlets

PIAF voices concern over corruption

The Financial Daily-Epaper-28-10-2010  

The Financial Daily Epaper

The Financial Daily-Epaper-28-10-2010  

The Financial Daily Epaper