Home Blog Page 30762

SC disqualifies PTI MNA, orders re-election in NA-162

0

ISLAMABAD, May 25 (APP): The Supreme Court on Wednesday upheld an Election Tribunal verdict and disqualified Pakistan Tehreek-e-Insaf’s Member National Assembly (MNA) Rai Hassan Nawaz elected from NA-162 Checha Watni.

The court also ordered re-election in the constituency.
The three-member bench of the apex court headed by Chief Justice Anwar Zaheer Jamali heard the case filed by Rai Hassan Nawaz against his disqualification by an ET.

The Election Tribunal disqualified Hassan Nawaz for concealing details of his assets on the application of his opponent candidate Haji Yaqoob.

The court ordered re-election in the constituency and disposed of the case.

Pakistan High Commissioner hands over second relief consignment to Sri Lanka

0

ISLAMABAD, May 25 (APP): Pakistan High Commissioner in
Sri Lanka Maj. gen (retd) Syed Shakeel Hussain has handed over the second consignment of relief assistance meant for the flood victims to the Sri Lankan authorities.

The consignment was received on behalf of the Sri Lankan
government by the Additional Secretary of the Ministry of
Disaster Management Wasantha Samaraweera at Bandaranaike International Airport Katunayake, said a message received here on Wednesday.

A cargo plane from Pakistan brought relief items
containing shelters and tents which were specified by the Sri
Lankan authorities as immediate requirements for the flood
victims.

Prime Minister of Pakistan Muhammad Nawaz Sharif had
directed the relevant authorities last week to make immediate arrangements for provision of emergency relief goods to the flood victims in Sri Lanka.

According to the Sri Lankan government assessments,
427,918 people belonging to 105,360 families were affected by floods and landslides.

The floods and landslides caused by torrential rains
with gale force completely damaged about 474 houses while
3,674 others were partially damaged.

Accordingly the first consignment of relief items containing generators, shelters, tents, medicines, etc. were handed over by the High Commissioner of Pakistan to the Sri
Lankan Minister for Disaster Management Anura Priyadarshana Yapa M.P.

Foreign Currency Account Scheme

0

KARACHI, May 25 (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Wednesday.
BBA BID MAXIMUM RATES
RATES WITH FOR PAYMENT OF
VALUE DATE INTEREST BY
AUTHORISED
DEALERS
R A T E S
U.S. DOLLARS VALUE 25-05-16
For 3 months
and over but
less than 6 months 0.4123% PA 1.1623% PA
For 6 months
and over but
less than 12 Months 0.7079% PA 1.4579% PA
For 12 months 1.0530% PA 1.9280% PA
For 2 Years 1.0530% PA 2.4280% PA
For 3 Years 1.0530% PA 2.6780% PA
For 4 years 1.0530% PA 2.9280% PA
For 5 years 1.0530% PA 3.0530% PA

POUND STERLING VALUE 25-05-16

For 3 months
and over but
less than 6 Months 0.3392% PA 1.0892% PA
For 6 months and
over but less than
12 months 0.4856% PA 1.2356% PA
For 12 Months 0.7503% PA 1.6253% PA
For 2 Years 0.7503% PA 2.1253% PA
For 3 Years 0.7503% PA 2.3753% PA
For 4 years 0.7503% PA 2.6253% PA
For 5 years 0.7503% PA 2.7503% PA

EURO VALUE 25-05-16

For 3 months and
over but less than
6 months 0.0281% PA 0.7781% PA
For 6 months and
over but less than
12 months -0.0907% PA 0.6593% PA
For 12 Months -0.2204% PA 0.6546% PA
For 2 Years -0.2204% PA 1.1546% PA
For 3 Years -0.2204% PA 1.4046% PA
For 4 years -0.2204% PA 1.6546% PA
For 5 years -0.2204% PA 1.7796% PA

JAPANESE YEN VALUE 25-05-16

For 3 months and
over but less than
6 months -0.2259% PA 0.5241% PA
For 6 months and
over but less than
12 months -0.2500% PA 0.5000% PA
For 12 Months -0.1536% PA 0.7214% PA
For 2 Years -0.1536% PA 1.2714% PA
For 3 Years -0.1536% PA 1.4714% PA
For 4 Years -0.1536% PA 1.7214% PA
For 5 years -0.1536% PA 1.8464% PA
APP/as/fc/gar
ð 10:40/10:43/10:43

20160525 : TAG = DFC : IBD No. = 30
…APP/ Business — Bank-Rate
Foreign exchange rates

KARACHI, May 25 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Wednesday.
LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS
VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY.
LIBOR VALUE
6 MONTHS US DOLLAR 0.9579 25.05.16

CONVERSION RATES FOR 25TH MAY 2016 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS)
SBP SETTLEMENT VALUE DATE MAY 27, 2016.
USD 104.8051
GBP 152.7743
EUR 117.1825
JPY 0.9551

APP/as/fc/gar
ð 10:40/10:43/10:43

20160525 : TAG = DFC : IBD No. = 29

Govt to attract foreign investors to invest in Gawadar: Ahsan Iqbal

0
Profile Picture

ISLAMABAD, May 25 (APP): Federal Minister for Planning Commission  Ahsan Iqbal said Wednesday that the government took steps to attract Chinese and other investors across the world to invest in Gwadar.

While talking to private news channel, he said that we should address  the difficulties of Baloch people besides development of Gwadar.

The minister said the speed of development at Gwadar would increase  with every single project coming on the ground under the China Pakistan Economic Corridor.

Three FC men martyred in Peshawar firing incident

0
FC arrest two suspects in Turbat

ISLAMABAD, May 25 (APP): In Peshawar, three FC personnel were martyred  when unidentified terrorists opened fire on their vehicle near Patang Chowk at Ring road on Wednesday.

Police and law enforcement agencies have cordoned off the entire area and started search operation.

Pakistan backs more African seats on UNSC; seeks greater cooperation with AU

0

UNITED NATIONS, May 25 (APP): Pakistan supports expansion of the number  of African seats in the United Nations Security Council “on the basis of periodic elections and fixed rotation” as part of the efforts to strengthen African Union-UN cooperation to deal with conflicts in the 54-nation continent, Ambassador Maleeha Lodhi has said.

Speaking in a Security Council debate on UN-AU Cooperation on Tuesday,  the Pakistani envoy underscored the role of regional organizations in addressing issues of international peace and security, particularly those pertaining to their own region.

World Humanitarian summit has ‘set new course’ for better world: UN chief

0
UN chief slams deadly terrorist attacks in Istanbul

UNITED NATIONS, May 25 (APP): Hailing the global community’s  achievements at the first-ever World Humanitarian Summit, United Nations Secretary-General Ban Ki-moon has called for commitments made to be taken forward for transformative change from the top down and from the ground up.

“The World Humanitarian Summit has been a unique event, in form as well  as substance”, the secretary-general said in Istanbul, speaking to reporters on the second and last day of the Summit, dedicated to improving the humanitarian system and alleviating the suffering of millions.

US to welcome dialogue between Afghan government, Haqqani network, reassures support to Pakistan

0

WASHINGTON, May 25(APP): The United States would welcome dialogue  between the Afghan government and Taliban even if the Haqqani network took the leadership role, a US Statement Department spokesman said on Tuesday, and reiterated that the U.S. would continue to work with and help Pakistan in fighting terrorism.

Spokesman, Mark Toner replied in affirmative when asked whether the US  would welcome dialogue between Taliban and the Afghan government if the Haqqani network assumed the Taliban leadership after the suspected death of their leader Mullah Akhtar Mansur.

New charter for persons with disabilities endorsed at UN humanitarian summit

0

UNITED NATIONS, May 24 (APP): A new charter to significantly improve living conditions of persons with disabilities during emergencies has been endorsed at the United Nations World Humanitarian Summit in Istanbul.

“The intersection between humanitarian crises and persons with disabilities is very strong,” Catalina Devandas-Aguilar, the UN Special Rapporteur on the Rights of Persons with Disabilities, said on the margins of a special session at the Summit on ensuring disability-inclusive humanitarian action, ccording to information released at UN Headquarters in New York.

“Persons with disabilities are always left behind and the
humanitarian response is very complicated because there is no planning to address their needs. We see that constantly “in armed conflict situations, and natural disasters,” she explained.

The Charter on Inclusion of Persons with Disabilities in
Humanitarian Action urges government representatives as well as leaders of non-governmental organizations and funding bodies to ensure that their future humanitarian actions will be inclusive of people with disabilities, based on five principals: non-discrimination and recognition of the diversity of people with disabilities; involvement of people with disabilities in developing humanitarian programs; ensuring services and humanitarian assistance are equally available for and accessible to all people with disabilities; implementation of inclusive global policies; and
cooperation and coordination among humanitarian actors to improve inclusion of people with disabilities.

“For me, it was absolutely critical that I was [at the special
session], because it reminded me of my responsibility as a citizen, and also as the Adviser on the 2030 Agenda for Sustainable Development, to really put people with disabilities much closer to the center of everything we do. We must leave no one behind, and we must be inclusive,” UN Special Advisor David Nabarro, said.

He noted that the endorsement of the charter shows there is “real commitment” to working to ensure that people with disabilities were much closer to the center of humanitarian action.

This message was echoed by Pierre, the Commissioner-General of the UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), where many people have been injured due to conflict.

“When I met young children in Syria who recently had lost limbs because of a car bomb attack, I realized, when I look at them and talk to them, that we need to do much more,” he said. “So [the charter] is an incentive to improve programmes, to include people with disabilities into the planning processes, as part of consultations in far more
systematic way.”

Colin Allen, who will be the next chair of the International
Disability Alliance (IDA), highlighted that the charter will help
address the specific needs of many people, such as those who are deaf, blind, or both.

“My role [at the session] was to make sure humanitarian actors have systems in place that are accessible, so that in the event of any natural disaster or crisis, they are able to facilitate access for people with disabilities,” he said, stressing the need to be prepared well in advance for this kind of assistance, such as having people who know sign language.

He also shared this message about what has been achieved for people with disabilities at the World Humanitarian Summit.

 

Pak-China all-weather friendship has transformed into strategic partnership: President

0

ISLAMABAD, May 24 (APP): President Mamnoon Hussain on
Tuesday said the all-weather friendship between Pakistan
and China had transformed into a strategic partnership, which was not only a source of stability for the two countries but stood for the development and betterment of humankind.

The President expressed these views while speaking at a
special ceremony organized by the Chinese Embassy here to mark the 65th anniversary of Pak-China diplomatic relations.
Minister for Planning and Development Ahsan Iqbal,
Special Assistant to the Prime Minister on Foreign Affairs
Syed Tariq Fatemi, Balochistan Governor Muhammad Khan
Achakzai, Chief of the Air Staff Air Chief Marshal Sohail
Aman, senior civil and military officials and a large number
of people from different walks of life attended the ceremony.
Chinese Ambassador Sun Weidong also addressed the
ceremony.

The President said Pakistan-China friendship started at
a time when the examples of selfless and sincere friendships
were very rare. In such a situation, Pakistan and
China joined hands and developed mutual trust.

“These relations have today transformed into strategic
partnership and durable cooperation encompassing almost all
fields, including economy, science and technology, culture,
sports, education and people to people contact,” he added.

The President expressed his belief that Pak-China
friendship would be a source of progress and betterment for
humanity symbolized by China-Pakistan Economic Corridor (CPEC) project.

He said as the world was looking at CPEC with optimism
he believed that the foundation of this Corridor was laid the
day the construction of Silk Road was undertaken.
“The skilled workforce of Pakistan and China worked
shoulder to shoulder to convert this ordinary road into the
Eighth Wonder of the world and even did not hesitate in laying down their lives in the process,” he remarked.

The President said like the Silk Road, Pak-China foreign
policy was a unique example of mutual harmony and solidarity, which never wavered even during challenging international situations.

Both the countries, he said, had played a very useful
role in establishing regional and international peace and
strengthening world order. “Be it One China Policy, Kashmir
issue, intricacies of international conflicts or
reorganization of the UN Security Council, the way both the
countries have supported each other in these matters is a
golden chapter in our history.”

The President expressed his belief that this sincere
friendship would pass on to the future generations and the
world would not only marvel at the exemplary ties but would
also greatly benefit from it which would facilitate global
peace and stability and open up new avenues of progress and prosperity.

He said Pak-China friendship was unique in many ways.
“In the diplomatic world, friendship between two countries is
normally limited to official relations but Pak-China
friendship has moved beyond official level and taken roots at
the people-to-people level unaffected by any international
development,” he remarked.

The President said the sincere Pak-China friendship had
deepened their relations to such an extent where it had become a unique example for the rest of the world and it was now underpinning world peace, brotherhood and progress.

He said the sincere and multipurpose relations between
the two countries spanning over a period of 65 years were an unparalleled model of friendship for the world.

“One can hardly find such instance of friendship in the
history of foreign relations,” the President said and
congratulated Chinese Ambassador Sun Weidong for organizing the event on the auspicious occasion of 65 years of diplomatic relations between Pakistan and China.

The President expressed his confidence that China would
continue to make economic strides under the dynamic and
visionary leadership of President Xi Jinping and Pakistan
would stand shoulder to shoulder with China in this quest.
“I again congratulate Ambassador Sun Weidong for
organizing this wonderful event, which reflects his deep
commitment in cementing Pakistan-China relations,” he
maintained.

Chinese Ambassador Sun Weidong, in his welcome remarks,
said the celebration of 65th anniversary of Pak-China
diplomatic ties was a moment of significance in the history
of two countries’ friendship.

He said since the establishment of diplomatic ties in
1951, Pakistan and China were enjoying close and friendly
relations which were growing strength to strength.

Ambassador Sun said these ties were based on equality,
sincerity, mutual benefit and shared prosperity.
He said the two countries had all-round relations
including political, cultural, people-to-people contacts,
trade, economy, security etc.

The Chinese Ambassador said two countries shared views
on regional and international issues and always supported each other at all international fora. “If one faces any difficulty, the other extends helping hand,” he remarked.
He recalled the last year’s visit of President Xi Jinping to Pakistan and said the agreements reached between
the two sides were being implemented on a fast pace.

Ambassador Sun termed China Pakistan Economic Corridor
(CPEC) a new golden era of Pak-China friendship and
expressed his confidence that relations would continue to
further grow and strengthen in future as well.

Later President Mamnoon Hussain along with the Chinese
Ambassador also cut a special cake to mark the occasion.