ISLAMABAD, Feb 2 (APP): President Mamnoon Hussain on Tuesday called for addressing the issues of small and medium industries and urged upon chambers of commerce and industry to play a constructive role for resolving their problems. He emphasized that measures should be taken to increase the country’s exports and hoped that through their hard work traders and industrialists can bolster exports manifold. The President said this while talking to a delegation of the Rawalpindi Chamber of Commerce and Industry (RCCI) which headed by its President Mian Humayun Parvez called on him here at the Aiwan e Sadr.
Margalla Hills vital for protection of Capital’s environment: Dr Tariq Fazal
ISLAMABAD; Feb 2 (APP): Preservation of Marghalla Hills National Park is imperative for protection Federal Capital’s environment and ecosystem. Minister of State for Capital Administration & Development Division (CA&DD) Dr Tariq Fazal Chaudhary on Tuesday on Tuesday expressed thses views in a meeting on Development Plan for Capital, according to a news release.
PM reviews Sahiwal coal power plant
LAHORE, Feb 2 (APP): Prime Minister Muhammad Nawaz Sharif on Tuesday reviewed pace of work on 1320 MW Coal Power Project, Qadirabad, Sahiwal district. The project consists of two plants of 660 MW each while the total cost of the project is USD 1.8 billion. The entire investment of the project is being made by Chinese bank through the Chinese Independent Power Producers (IPPs) executing the Sahiwal Coal Power Project. The project is sprawled over 1700 acres. The project was started six months ago and Huaneng Shandong Group China is to complete 51 percent of the project while the remaining 49 percent work will be completed by Shandong Rayi Science China.
Speaker Balochistan Assembly Calls on the Prime Minister
ISLAMABAD, Feb 2 (APP) : Prime Minister Muhammad Nawaz Sharif Tuesday said the development of Balochistan will remain a top priority of his government’s agenda in the years ahead.He was talking to Speaker Balochistan Assembly Ms. Rahila Hameed Durrani who called on him here at the PM House. The Prime Minister said Balochistan was close to his heart and peace and prosperity of the Province has been top priority of the present government.
SECP issues directive to protect insurance policyholders
ISLAMABAD, Feb 1 (APP): In order to raise awareness among the public about availability of the insurance policyholders’ grievance resolution forums, the Securities and Exchange Commission of Pakistan (SECP) has issued a circular requiring all insurers to incorporate awareness message in Urdu and English on their websites, and to attach it with all forms issued to the policyholders.
FBR collects Rs 209 bln to surpass Rs 205 bln target for Jan
ISLAMABAD, Feb 1 (APP): During January, 2016, according to the provisional figures received so far, Federal Board of Revenue (FBR) has made a net collection of around Rs. 209 billion as against Rs. 171 billion collected during January, 2015 showing an increase of 22%. The target for the month was fixed at Rs. 205 billion which has also been achieved,said a statement issued by FBR here Monday.
Pakistan committed to successfully implement macroeconomic stability programme: Dar
ISLAMABAD, Feb 1 (APP): Finance Minister, Senator Mohammad Ishaq Dar on Monday said that Pakistan was committed to successfully implement the macroeconomic stability programme announced by the government in June 2013. He stated this while attending the meeting in connection with Tenth Review under International Monetary Fund (IMF’s) Extended Fund Facility in Dubai today. According to a message received here from Dubai, Finance Minister, Mohammad Ishaq Dar on Monday attended the meetings being held in Dubai in connection with the IMF’s Extended Fund Facility (EFF).
Philip Barton calls on Shehbaz Sharif
LAHORE, Feb 01 (APP): British High Commissioner Philip Barton called on Punjab Chief Minister Muhammad Shehbaz Sharif and discussed matters of mutual interest including promotion of bilateral relations and cooperation in different sectors, here on Monday. Speaking on the occasion, Punjab Chief Minister Shehbaz Sharif said that Pakistan attached great importance to its relations with Britain.
President asks FPSC to uphold highest standards of transparency
ISLAMABAD Feb 1 ( APP): President Mamnoon Hussain on Monday asked the Federal Public Service Commission (FPSC) to uphold highest standards of transparency, non partisanship and integrity in its recruitment process. The President was talking to Naveed Akram Cheema, Chairman FPSC who called on him here at the Aiwan e Sadr. The President lauded the endeavours of FPSC for providing online services for recruitments in the Federal Government, a statement said.
Social justice, poverty alleviation is the true spirit of Islamic banking: President
ISLAMABAD, Feb 1 (APP): President Mamnoon Hussain on Monday said the real objective of Islamic banking is to ensure social justice and poverty alleviation, and urged upon the banking sector to reach out to the poor to maximize the benefits of Islamic banking. The President expressed satisfaction over the growing popularity of Islamic banking in Pakistan and said responsibility lied on the country’s banks to become role models for the world by devising a system of judicious distribution of wealth.