MULTAN: May 04 –
Camels freely walk in the middle of the road creating hurdles in the traffic flow
MULTAN: May 04 –
A vendor displays mosquito nets and other items to attract customers at his roadside setup
MULTAN: May 04 –
Governor administers anti-polio drops to his son
KARACHI, May 04 (APP): The Sindh Governor Mohammed Kamran Khan Tessori administered anti-polio drops to his son.
After administering the drops, he said that all parents must administer anti-polio drops to their children to protect them from the polio virus.
PHA staffer busy trimming plant on the green belt at roadside
MULTAN: May 04 –
A villager bathing his buffaloes to get relief from hot weather in the city
HYDERABAD: May 04 –
An elder man enjoy drinking traditional dirnk (Lassi) to get relief from hot weather in the city
HYDERABAD: May 04 –
President approves appointments of Governors
ISLAMABAD, May 04 (APP): President Asif Ali Zardari has accorded his approval to the appointment of Governors for Punjab, Khyber Pakhtunkhwa and Balochistan provinces.
After approval, Sardar Slaeem Haider Khan has been appointed as Governor Punjab, Faisal Karim Kundi as Governor KP and Jaffar Khan Mandokhel as Governor Balochistan, President Secretariat Press Wing said in a press release on Saturday.
The president approved the appointments under Article 101 (1) of the Constitution of Pakistan.
Randhawa commends ICT Police’s efforts in maintaining law, order
ISLAMABAD, May 04 (APP): Chief Commissioner Islamabad Muhammad Ali Randhawa Saturday commended the dedication and professionalism exhibited by the ICT Police in upholding law and order in the federal capital.
He said this during a meeting with Inspector General (IG) of Islamabad Capital Territory (ICT) Police, Ali Nasir Rizvi, said a press release.
During the meeting, IG Police provided a comprehensive briefing to the Chief Commissioner regarding the current law and order and in Islamabad.
He highlighted key areas of focus and ongoing efforts by the police force to maintain peace and security in the region.
Ali Nasir reiterated the administration’s unwavering commitment to supporting the endeavors of the police force.
Emphasizing the importance of collaborative efforts, Chief Commissioner stressed the need for close coordination between the administration and law enforcement agencies to effectively address emerging challenges and ensure the safety and security of the citizens.
The meeting underscored the administration’s proactive approach towards enhancing public safety and reaffirmed its support for the ICT Police in their mission to uphold law and order in the federal capital.
Speakers in TIIF for improving, corporate governance system in Uzbekistan
ISLAMABAD, May 04 (APP): The ‘Tashkent International Investment Forum (TIIF) has organized a discussion on improving the corporate governance system, which is a key element of business environment development: international practice, Uzbekistan’s experience and further steps.
The quality of corporate governance is one of the elements of building a stable economy, as well as one of the main aspects of competition for funds of global portfolio investors.
The discussions sought answers to such questions as what countries are doing to create quality corporate governance at the jurisdictional level, what portfolio investors want to see when considering a country as an object of new investments.
Denis Spirin, Steering Committee’s Member, Chapter Zero Uzbekistan Jennifer Nordquist, Former Executive Director of the Economic Innovation Group of the World Bank Group in the United States, Olzhas Omarov, Director for Central Asia and the Caucasus, KPMG, Oleg Shvyrkov, Director, Board and Governance Services Morrow Sodali, Andrey Kopiakov, Senior Manager, Corporate Governance, Prosperity Capital Management Ltd,George Dallas, Head of Content, European Institute of Corporate Governance addressed the session.
During the session, George Dallas (Head of Content, European Institute of Corporate Governance) said that not only the market is being studied, but also what investors expect from Uzbekistan.
Foreign investors are usually concerned about macroeconomic threats, including legislation, regulatory stability and the level of competition in sectors, he said.
George Dallas said that as far as Uzbekistan is concerned, problems can be observed in issues such as control of investors, their roles, business relationships, corruption, familiarity and connection with the government.
Also, transparency, independence in board governance,“We should not lose sight of the fact that boards should have independent directors,” said George Dallas.
Oleg Shvyrkov (Director of Board & Governance Services at Morrow Sodali) noted that the share of state-owned enterprises in the Uzbek market is large.
“We will give our recommendations to decision makers in Uzbekistan. We will further facilitate this by focusing on developing standards in the capital market in Uzbekistan,” said Oleg Shvyrkov.
Jennifer Nordquist, a member of the Economic Innovation Group, emphasized that board members of companies should be familiar with the financial market as “Corporate governance is now developing in Uzbekistan”.
He said that various studies show that issues such as board composition, size and standing are being left behind.
Although the corporate governance code was introduced many years ago, only a limited number of people use it, he added.
The code is weak, various aspects, board work, governance work, definitions are not properly developed. That is why the country should develop areas of the code such as governance, control and tariffs,” said Olzhas Omarov, KPMG Director for Central Asia and the Caucasus.
Youngsters jumping and bathing in the swimming pole to get relief from hot weather in the city.
HYDERABAD: May 04 –