Zulfikar Thaver urges government to meet requirements of finance, raw material, land, energy, technology and marketing support

Karachi, March 25, 2015 (PPI-OT): Zulfikar Thaver president of the Union of Small and Medium Enterprises (UNISAME) in a talk show on a business television channel urged the government to […]

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Karachi, March 25, 2015 (PPI-OT): Zulfikar Thaver president of the Union of Small and Medium Enterprises (UNISAME) in a talk show on a business television channel urged the government to meet the requirements of finance, raw material, land, energy, technology and marketing support.

He emphasized the need for finance at affordable mark up with credit insurance guarantee from the government to the banks to make them comfortable in financing the SMEs.

He added that the sector needs uninterrupted supply of raw material both indigenous and imported. The import duties should be reduced and the facilities of bonded warehouses be ensured for continuity of supplies.

There is need for industrial estates and the SMEs need land at concession on easy payment facilities.

The industrial estates must have energy generation system of their own.

All alternate energy devices must be exempt from import duties and government must promote wind, solar and biomass systems by subsidized financing and allow import on 0% duty.

The transfer of technology must be facilitated, promoted and supported to fill the technology gap.

Every effort must be made to ensure simplification of procedures, one window operation and ease of doing business.

He stressed the need for conducive environment and measures to control the miscreants in industrial areas. There is dire need for SME police laision committees ( SME- LC) to facilitate the SMEs to complaint and lodge FIR.

The SMEs need incentives for setting up innovative industries and import substitution industries by tariff protection.

Inclusion of SME representative on the board of SMEDA, NPO, PCSIR and SME Bank is very necessary and must be included without fail to give feedback on SME requirements.

The income tax rate must be reduced and tax exemption limit be enhanced to Rs 600000.

All SMEs must be registered and offered guidance and information without any obligation. There is need for SME export house to offer marketing global support for their wares and export procedures and internet gallery for SMEs.

SMEDA needs to be stimulated to implement the SME policy in letter and spirit.

For more information, contact:
Union of Small and Medium Enterprises (UNISAME)
75/1 3rd Commercial Street,
Phase IV, D.H.A., Karachi, Pakistan
Tel: +92-21-35884225-6
Fax: +92-21-35380642
Cell: +92-300-8245307, +92-321-8245307
Email: unisame@gmail.com

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Karachi Chamber of Commerce and Industry members advised to get membership renewed by March 31

Karachi, March 25, 2015 (PPI-OT): The Karachi Chamber of Commerce and Industry (KCCI), in a statement issued, advised all its members to renew their KCCI membership by March 31, 2015 […]

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Karachi, March 25, 2015 (PPI-OT): The Karachi Chamber of Commerce and Industry (KCCI), in a statement issued, advised all its members to renew their KCCI membership by March 31, 2015 in order to avoid any inconvenience.

The process of membership renewal is currently underway at the Karachi Chamber for the year 2015-16 and as per Trade Organizations Act 2013, the last date for renewal of membership is 31st March 2015.

The Chamber has already intimated its members through letter, email and SMS service that the membership of Karachi Chamber shall expire on 31-03-2015 and all members must get their membership renewed on or before 31-03-2015 by submitting duly filled membership form along with prescribed membership fee and proof of last income tax/ sales tax returns.

KCCI cautioned that in case an existing member could not get the membership renewed on or before 31st March 2015, his/her membership shall cease automatically and to become KCCI member again, they will have to go through the entire re-admission process.

For more information, contact:
Aamir Hassan
Director Press/Electronic Media and Public Relations
Karachi Chamber of Commerce and Industry (KCCI)
Aiwan-e-Tijarat Road, Off Shahrah-e-Liaquat,
Karachi-74000
Phone: +92-21-99218001-09
Fax: +92-21-99218040
Email: info@kcci.com.pk, secretary@kcci.com.pk
Website: www.kcci.com.pk

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Chairman Punjab Board of Investment and Trade pledges to make Punjab a hub of economic activity

Lahore, March 25, 2015 (PPI-OT): Chairman Punjab Board of Investment and Trade (PIBT) Abdul Basit has pledged to make Punjab a hub of economic activity in true sense of words. […]

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Lahore, March 25, 2015 (PPI-OT): Chairman Punjab Board of Investment and Trade (PIBT) Abdul Basit has pledged to make Punjab a hub of economic activity in true sense of words.

In a statement issued here Wednesday, Abdul Basit said that investment in Punjab would be promoted through well planned strategy. He said that all stake holders would be taken on board to get their important feedback.

He said that there is a dire need to promote economic vitality by strengthening private sector as internal dynamism has faded away due to acute energy shortage, deteriorating law and order and political instability.

He said that Punjab government was addressing all the key issues on priority basis to improve investment scenario.

Abdul Basit said that a number of sectors in Punjab including infrastructure development, coal, energy, agriculture, livestock, textiles and pharmaceutical offer lucrative investment opportunities to the potential investors. He said that a proper marketing strategy would be evolved to promote investment in these sectors of Punjab.

For more information, contact:
Punjab Board of Investment and Trade (PBIT)
23-Aikman Road, GOR-I, Lahore
Tel: +92-42-99205201-06
Fax: +92-42-99205171
Email: info@pbit.gop.pk
Website: www.pbit.gop.pk

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Sindh Madressatul Islam University extends date for admission in short courses

Karachi, March 25, 2015 (PPI-OT): Sindh Madressatul Islam University has extended date of 3- month short courses for Radio, Electronic and Print Media and Graphic Designing up to April 1, […]

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Karachi, March 25, 2015 (PPI-OT): Sindh Madressatul Islam University has extended date of 3- month short courses for Radio, Electronic and Print Media and Graphic Designing up to April 1, 2015. The courses are being started by the Media Training Center of SMI university. The classes will commence from April 6.

During three month duration of the courses, trainees will get theoretical as well as practical training of the subjects include T.V programmes, news anchoring, T.V news writing and presentation, programme production and reporting, news writing and editing. Besides, T.V camerawork, video editing, F.M radio transmission operations and radio programming and production for print media and graphic designing. Highly experienced persons will conduct the courses.

It must be mentioned here that the transmission of SMIU’s F.M. radio – Voice of Education (frequency 96.6) is already going on, while there is also a modern TV studio with latest cameras and other equipments.

The admission forms can be received from Admission Branch of SMIU or these may be downloaded from the website of SMIU – www.smiu.edu.pk.

For more information, contact:
Sindh Madressatul Islam University (SMIU)
Aiwan-e-Tijarat road,
Karachi.
Tel: +92-21-99217501-503
Fax: +92-21-99217504
Email: info@smiu.edu.pk

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Pakistan Credit Rating Agency assigns Insurer Financial Strength Rating “A” to Pak-Qatar General Takaful Limited

Lahore, March 25, 2015 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has assigned the Insurer Financial Strength (IFS) rating of Pak-Qatar General Takaful Limited (PQGTL) “A” (Single A) with Stable Outlook. The rating denotes strong capacity to meet policyholders and contract obligations. Pak-Qatar General Takaful Limited being an early entrant in Takaful has achieved good …

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Lahore, March 25, 2015 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has assigned the Insurer Financial Strength (IFS) rating of Pak-Qatar General Takaful Limited (PQGTL) “A” (Single A) with Stable Outlook. The rating denotes strong capacity to meet policyholders and contract obligations. Pak-Qatar General Takaful Limited being an early entrant in Takaful has achieved good brand recognition.

This gives strength to PQGTL’s business profile. The rating, in addition to this, reflects sound risk absorption capacity of the company. PQGTL is the only Takaful Operator which has been graded by both Rating Companies operating in Pakistan namely JCR-VIS Credit Rating Company and PACRA. JCR-VIS has recently reaffirmed PQGTL’s IFS rating as “A-” with Positive’ Outlook. With over Rs. 1.0 billion turnover, PQGTL is amongst the top ten general insurance/takaful operators of Pakistan by virtue of gross underwritten premium/contribution.

For more information, contact:
Hammad Rashid
Analyst
The Pakistan Credit Rating Agency Limited (PACRA)
Awami Complex, FB1, Usman Block New Garden Town,
Lahore – Pakistan
Tel: +9242 586 9504 -6
Fax: +9242 583 0425
Email: hammad.rashid@pacra.com
Web: www.pacra.com

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Regional symposium on marine turtles and their conservation concludes

Karachi, March 25, 2015 (PPI-OT): The two-day Regional Symposium on marine turtles and their conservation concluded in Karachi today, where experts from different countries participating in the event shared valuable […]

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Karachi, March 25, 2015 (PPI-OT): The two-day Regional Symposium on marine turtles and their conservation concluded in Karachi today, where experts from different countries participating in the event shared valuable experiences in turtle conservation in their countries, and provided best practices for Pakistan to follow.

The Symposium was organized by IUCN, the International Union for Conservation of Nature under its Saving the Endangered Sea Turtles project funded by USAID Small Grants and Ambassador Funds Program. The symposium was attended by marine turtle conservation experts from Bangladesh, Germany, Malaysia, Sri Lanka, Thailand, Vietnam and UAE; while representatives from government line departments, environmental NGOs, academia, and private sector organizations also participated in the event. A media briefing was also organized at the closing of the session.

On the sidelines of the Symposium, a landmark court decision in the turtle smuggling case was also conveyed to the media by the Inspector General of Forests, Syed Mahmood Nasir, who was accompanied by Advocate Faisal Siddiqui, who had pursued the matter with the Sindh High Court. Mr. Siddiqui conveyed that a judgment had been passed on the smuggling case where over 200 turtles in two suitcases were confiscated at the Karachi airport.

“Such offences used to be dealt under trial courts and under the law such offences were taken as compoundable offences, where one paid a meager fine and then could go scot-free. In the case of 200 turtles while many of them died, but around 70-80 percent were released back into the natural habitat. Usually the material confiscated is returned to the smugglers as being their property, but in this case, the turtles were released as the case was under trial,” he said.

He added that “there were a number of issues related to wildlife smuggling and we wanted to cover the larger canvas of these issues related to smuggling; therefore we preferred to go to the High Court as it has constitutional jurisdiction. We intended to cover a large canvas of issues pertained to illegal trade of wildlife. Accepting our plea the Sindh High Court has passed a judgment that every person the constitutional right to live in a natural habitat with wildlife.”

In his closing remarks Malik Amin Aslam, IUCN global Vice said that efforts were needed not only to protect and conserve sea turtles within the national jurisdictions, but also across the region. “Conservation efforts in one country may prove less effective, if threats to these migratory animals persist in other countries,” he noted.

Syed Mahmood Nasir said that a suitcase full of black pond turtles from Pakistan would cost Rs.2.5 crores. “A single turtle having a worth Rs.100 a piece in Pakistanis priced upto around US$1780 per piece in Hong Kong market. It is an official figure conveyed to us by the Government of China. It used to be a minor offence, before the landmark judgment came out today,” he revealed

Ms. Aban Marker Kabraji, Regional Director, IUCN Asia, mentioned about the elephant ivory and rhino horns illegal trade which was becoming highly lucrative in the international market and ran into trillions of dollars. “Since wildlife trade is illegal it also comes under the categories of drugs, arms and human trafficking trade. It undermines economies, legislations, and rules of law and endangers also the security of the system,” she disclosed.

There are two cases of smuggling that have been declared in the Judgment as cases of smuggling, the first involving 200 turtles and other the 4000 dead turtles. The sentence in smuggling under the Customs Act is fine twice the worth of the property. In the case involving 4000 dead turtles, the market value of the property was worth 60 crores and if the fine is imposed it would come to Rs.120 crores which is going to be a very heavy fine. About the case which was the basis of this judgment the court has asked the authorities to take further action against the accused.

Mr. Javed Ahmed Meher said that wildlife smuggling had become a source of income for various terrorist organizations and had few penalties and hefty financial returns. He further said that if the exit points were properly controlled then the smuggling could be mitigated.

Dr. Nicolas Piltcher said that a number of major threats to sea turtles were being faced but simultaneously conservation efforts have also been underway. “Many cases of sea turtle trapping go unreported, and the actual numbers of mortality could be in thousands –and therefore needs to be t addressed as a priority issue,” he said.

Mr. Mahmood Akhtar Cheema said that this Symposium is indeed the way forward for us all to make further efforts to ensure that the strategic pursuit of such initiative continues. The first step is always the most difficult one, but we have already taken that first step with the completion of this project and the successful conclusion of this two-day symposium which has put forward some good recommendations.

For more information, contact:
George Sadiq
Programme Officer
Education, Communication and Outreach
International Union for Conservation of Nature (IUCN)
Pakistan Country Office
1, Bath Island Road,
Karachi-75530
Pakistan
Tel: +92-21-35861540
Fax: +92-21-35835760, +92-21-35761448, +92-21-35870287
Cell: +92-301-2931184
Email: george.sadiq@iucn.org
Website: www.iucn.org

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Pakistan Tehreek-e-Insaf has created political awareness among youth: Minister Ziaullah Afridi

Peshawar, March 25, 2015 (PPI-OT): Khyber Pakhtunkhwa Minister for Mineral Development, Ziaullah Afridi has said that PTI has created political awareness among masses particularly in youth. Now they cannot be […]

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Peshawar, March 25, 2015 (PPI-OT): Khyber Pakhtunkhwa Minister for Mineral Development, Ziaullah Afridi has said that PTI has created political awareness among masses particularly in youth. Now they cannot be deceived more through false slogans but they believe in practical initiatives, added that record formulation of policies and laws and developmental projects undertaken by provincial government were clear proof of its revolution-friendly struggle, which has generate new spirit to the masses disappointed by the past selfish politics.

This he said while talking to the PTI youth delegation at Peshawar on Monday. Concerned authorities of Mineral Development Department were also present on the occasion. The Provincial Minister said that the politics based on selfishness now has become the part of past. The masses became aware politically and they could not be deceived through false statements.

He also made it clear that restoration of merit, rule of law and the eradication of corruption were the first ever priorities of the provincial government, for which the most effective initiatives were being taken. Moreover he stated that youth were also expected to play their role to bring about real change in Khyber Pakhtunkhwa. On the occasion, the delegation appreciated the efforts made by the provincial minister and the welfare of public and assured their full cooperation in this regard.

For more information, contact:
Government of Khyber Pakhtunkhwa
Tel: 091-9211789
Email: info@khyberpakhtunkhwa.gov.pk

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Karachi Metropolitan Corporation launches drive against marriage lawns built on green belts and parks

Karachi, March 25, 2015 (PPI-OT): Administrator Karachi Saqib Ahmed Soomro said Karachi Metropolitan Corporation has launched a special campaign for removal of marriage lawns built on green belts and parks. […]

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Karachi, March 25, 2015 (PPI-OT): Administrator Karachi Saqib Ahmed Soomro said Karachi Metropolitan Corporation has launched a special campaign for removal of marriage lawns built on green belts and parks. This operation will continue till the end of all such marriage lawns. He said a big campaign was started in the city against encroachments on the directive of minister for local government Sharjeel Inam Memon and KMC already taking action against all sorts of encroachments in the city, however a special campaign was begun to vacate all the parks and green belts which will be carried on till the removal of all such encroachments.

Administrator Karachi said any construction on green belt or park was illegal whether it is a government office as the Supreme Courts through its directive made this clear that no construction could be made on the land allocated for parks or green belts and any such attempt will be considered as illegal and unauthorized and will be removed. He also said to citizens of Karachi to make it sure before going to book the marriage lawn for marriage or other such programs that the lawn or hall was not located on a land not been allowed for this purpose.They should take special care in this regard and refrain from booking such marriage lawns or marriage halls.

For more information, contact:
Administrator Secretariat
Karachi Metropolitan Corporation (KMC)
City District Government Complex, 1st Floor, Civic Centre,
Gulshan-e-Iqbal, Karachi
Tel: +92-21-99232400-01
Fax: +92-21-99232406
Email: administrator@karachicity.gov.pk

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