VOLUME 16 | N o 71 Lahore Regd No. CPI 251 LAHORE 6P3 INTERNATIONAL 6P7

PDM should The Biden's refrain from dragging US$1.9 trillion COVID-19 Bill Army An English Daily published simultaneously from Lahore and Faisalabad into politics: wins final approval in PAGES 08 | R s 1G5 overnor Buwww.thesbusineiss.cnom.pk esRajab-s ul-Muraj 27 1442 Friday, March 12 , 2021 House PSX loses 911 President for points to close preparedness to at 42,779 points counter modern From Our Staff Correspondent warfare ISLAMABAD: The KSE-100 index of the From Our Staff Correspondent Pakistan Stock Exchange (PSX) Thursday witnessed bearish trend, losing 911.92 points, : President Dr Arif Alvi on with negative change of 2.09 percent, closing Thursday called for full national prepared - at 42,779.76 points against 43,691.68 points ness, based on quick information and intelli - on the last working day. gence, to effectively counter modern warfare A total 406,100,880 shares were traded like cyber and intellectual, besides enhancing during the day compared to the trade of defence capability of the Muslim Ummah. 363,243,348 shares the previous day whereas Citing the United States' invasion of Iraq and the price of shares stood at Rs17.711 billion India’s recent communication blockade of the against Rs21.143 billion previous day. Occupied Jammu and Kashmir, he said the As many as 408 companies’ transacted Muslims should also boost their moral values, shares in the stock market, 47 of them which did have equally important for main - recorded gain and 351 sustained losses taining the security and glory in the world. whereas the share price of 10 companies re - He was addressing the upgradation cere - mained unchanged. mony of PAF Air War College Institute, The three top traded companies were Unity KARACHI: President Dr Arif Alvi being presented with memento during the Status upgrade ceremony of PAF Air Faisal Base, which began its journey in Janu - Food Ltd with a volume of 34,888,523 shares War College Institute. ary 1959 as Staff College inaugurated by the and price per share of Rs27.33, TRG Pak Ltd then President Muhammad Ayub Khan. with a volume of 27,086,670 and price per Dr Arif Alvi, who is the first chancellor of share of Rs130.08 and Hum Network with this defence institute, emphasized the impor - volume of 21,531,000 and price per share of tance of morality along with quality profes - Rs6.15. sional trainings and education. Wyeth Pak Ltd witnessed maximum in - For ensuring strong defence system of the crease of Rs26.83 per share, closing at Rs935 Pakistan has no country, he added, the Pakistan Armed Forces while Murree Brewery increased by Rs20 per would have to pursue each and every devel - share closing at Rs560. opment in the world in the field of defence. Nestle Pakistan recorded maximum de - They would have to equip themselves with crease of Rs237.50 per share, closing at modern education and technologies, besides Rs5710.50 whereas Sunrays Textile was run - accord with India on capacity building of the defence education ner up with the decrease of Rs81.75 per and training institutes, which would help them share, closing at Rs1008.25. in adopting best defence strategies. Nowadays, he said, the powerful prevailed in the world, and Indian Illegally Occupied Forex reserves Jammu & Kashmir and Palestine were its Covid-19 vaccine: FO worst examples. The powerful nations' rise to $13.016bn From Our Staff Correspondent India to respect the United Nations (UN) hypocrisy and inhuman attitude with the ca - and constructively engage with the UN pacity of distant use of weaponry was a seri - From Our Staff Correspondent ISLAMABAD: Pakistan on Thursday Says procurement Working Group and take necessary steps to ous challenge, he added. made it clear that it had not entered into any enable immediate release of Habib Zahir. ISLAMABAD: The foreign exchange re - bilateral procurement agreement with India and supply The FO spokesperson said the resolution serves held by the central bank increased by on purchase of COVID-19 vaccine and the adopted by Gilgit Baltistan (GB) Assembly $37.7 million on weekly basis, according to supply of doses was being carried out mechanism of demanding interim provincial status was ‘Bye-polls on data released by the State Bank of Pakistan through GAVI, the international vaccine al - “an expression of needs and demands of (SBP) on Thursday. liance. vaccine doses is the local people”. NA-249 Karachi On March 05, the foreign currency re - “The procurement and supply mecha - He strongly rejected the impression that serves held by the SBP were recorded at nism of vaccine doses is undertaken by the situation of GB was in any way com - $13,016.1 million compared with $12,978.4 GAVi and not the respective countries,” the undertaken by parable to that of Indian Illegally Occupied on April 29’ million in the previous week. According to Foreign Office (FO) spokesperson Zahid Jammu and Kashmir (IIOJK), where extra - From Our Staff Correspondent the central bank, the increase came on the Hafeez Chaudhri said at a weekly press GAVI and not judicial killings and illegal disappearances back of official inflows. Overall, liquid for - briefing held here. He was responding to a were a norm known to international com - eign currency reserves held by the country, KARACHI: The Election Commission of question on reports that Pakistan would re - respective countries munity. Pakistan has announced the schedule for hold - including net reserves held by banks other ceive 45 million ‘made in India’ doses of idence pointing towards the involvement of He said India’s international scrutiny than the SBP, stood at $20,157.9 billion. Net ing bye-election on the National Assembly COVID-19 vaccine. Indian hostile agencies in the abduction of continued to grow as world watchdogs and constituency NA-249 Karachi West-II, which reserves held by banks amounted to $7,141.8 He said GAVI had offered doses to sev - Habib Zahir, including involvement of In - foreign media spotlighted its non-compli - million. was left vacant due to the resignation of eral countries including Pakistan under dian nationals who reportedly received him ance of human rights violations. Muhammad Faisal Vawda, said Elec - COVAX, the COVID-19 Vaccine Global at Lumbini, made his hotel reservations and On Afghanistan situation, the spokesper - tion Commissioner Ijaz Anwar Chauhan on Senate Chairman candidate Access as an initiative launched by the booked his tickets. son said Pakistan had consistently sup - Thursday. World Health Organization to ensure vac - “The abduction of Habib Zahir is a seri - ported the Afghan peace process including In a statement issued by the provincial elec - Jam thanks PM cine access to the world’s most vulnerable. ous transnational crime which is in sharp facilitation to the United States Taliban tion commission Sindh here, Ijaz Anwar To a question regarding update on miss - contravention to the international law, es - Peace Agreement and subsequent intra- Chauhan said that Regional Election Com - for nominating ing Pakistani retired army office Habib pecially human rights and humanitarian Afghan negotiations. “Pakistan has contin - missioner Karachi Syed Nadeem Haider has Zahir in Nepal, the spokesperson said on law,” he said. ued to emphasize that there is no military been appointed as District Returning Officer Sanjrani request of the government, Nepal had con - He said the UN Working Group on En - solution to the Afghan conflict and the only (DRO). District Election Commissioner Ko - stituted a special team to look into the inci - forced or Involuntary Disappearances had way forward is through a political process,” rangi Muhammad Sajjad Khattak has been ap - From Our Staff Correspondent dent, but there was no progress in the also registered the case of Habib Zahir, on he said. He said it was important for pointed as Returning Officer and Assistant matter so far. the request of his family. Commission district Karachi Abdul ISLAMABAD: Chief Minister of He mentioned that there was a strong ev - He urged upon the relevant authorities in Continued on Back Page Hunain Bhutto Balochistan Jam Kamal Khan here on Thurs - and District Education Officer (Primary / day thanked Pakistan Tahree-e-Insaf leader - Elementary) West Karachi, Shahid Hussain ship for nominating Chairman Senate ‘s Sheikh as Assistant Returning Officers, he candidate from the Balochistan province. said. According to the election schedule, the Talking to journalists along with Chairman public notice for the bye-polls will be issued Senate Sadiq Sanjrani and Minister for De - by the Returning Officer on March 12. fence Pervez Khattak, he said “We are thank - PM Imran nominates ful to Prime Minister Imran Khan and other coalition parties for supporting Balochistan Awami Party (BAP)’s candidate for the slot Gold prices jump of the Chairman senate.” Mirza Afridi for Senate He expressed the hope that Sadiq Sanjrani by Rs2900 to will win the chairman Senate election with the support of PIT and other coalition part - Rs 106,700 per tola ners. Deputy Chairman The CM said that the speaker of National From Our Staff Correspondent candidate from Fata on a general seat. Asked to comment on PML-N Vice ISLAMABAD: The price of 24 karat per Assembly had also been nominated by the A source close to the prime minister had President Maryam Nawaz's claims that op - tola gold increased by Rs 2900 on Thursday PIT from the Balochistan province, after a ISLAMABAD: Prime Minister Imran earlier told Dawn that four names were position members were being called and al - and was sold at Rs106,700 against sale at long time, Balochistan province had been Khan on Thursday nominated Senator being considered for the office of the Sen - legedly pressured for tomorrow's Senate Rs103,800 Karachi Sarafa Association re - given good representations in both the Mirza Mohammad Afridi for the post of the ate deputy chairperson as the ruling coali - chairman and deputy chairman elections, ported. houses. He said that he had also held consul - Senate Deputy Chairman, a day before the tion’s candidate: Saifullah Niazi, Ijaz the minister said: "She has mentally ac - The price of 10 gram 24 karat gold also in - tations with all the political parties and election for the two top offices of the upper Chaudhry, Mirza Mohammad Afridi and cepted that she's losing tomorrow's election creased by Rs2486 and was traded at sought their help in the senate election. house is set to take place. Aun Abbas Bappi. [...] she is preparing people and her mind Rs91,478 against Rs88,992 while that of ten gram 22 karat gold increased to Rs 83,855 He urged all the political forces for jointly The announcement was made by federal “The government has intentionally kept has accepted defeat." from Rs 81,576. The price of per tola silver working for the strengthening of democracy, Information Minister Shibli Faraz on Twit - open the candidature of deputy chairman to The contest for the Senate chairman and ter. attract not only the partners in the ruling deputy chairman seems to be tough for the increased by Rs50 and was traded at Rs1370 supremacy of the parliament and uplift of the "Prime Minister Imran Khan has nomi - coalition but also the opposition parties for government as the opposition enjoys a ma - against its sale at Rs1320 whereas that of and masses. “Today Pakistan needed stability and nated Senator Mirza Mohammad Afridi for bargaining on the matter,” the source ex - jority in the upper house of parliament. It 10 gram silver increased by Rs42.87 and was unity” he added. Minister for Defence Pervez deputy chairman slot, giving representation plained. is impossible for the government to win the traded at Rs1174.55 against Rs1131.68. Khattak said the Pakistan Tehreek-e-Insaf to [an] ex-Fata (Federally Administered Meanwhile, speaking to the media in Is - polls unless some opposition members ei - The gold price in the international market government's major demand was to uplift Tribal Areas) PTI member," he wrote. lamabad on Thursday, Faraz said the gov - ther vote for the government’s candidates witnessed increase of $24 and was sold at backward and smaller provinces which were Afridi was elected to the Senate in the ernment was "completely ready for or waste their votes during the secret ballot $1736 against its sale at $1712, the associa - neglected by the previous regimes. March 2018 elections as an independent tomorrow's election and we will win it". on March 12. tion added. —APP Senate body recommends survey of Maritime exact area From Our Staff Correspondent The committee considered the Bills mittee that mover is not present but the “The Port Qasim Authority (Amend - Committee decided to proceed about ISLAMABAD: Senate Standing on ment) Bill, 2019 (Government Bill), the merits of the Bill even in absence Maritime Affairs on Thursday recom - Gwadar Port Authority (Amendment) of the Mover. Representatives of the mended ministry concerned depart - Bill, 2019 (Government Bill), and The Ministry opposed the said amendment ments to conduct a survey about the Pakistan National Shipping Corpora - on the ground that the issue is already exact area of land under encroachment tion (Amendment) Bill, 2021 (Govern - under consideration at various forums and total number of population resid - ment Bill)”. After detail deliberations to resolve the issue hence, the amend - ing there. The committee further di - the committee recommended with ma - ment in hand is not required whereas rected authorities concerned to brief the jority that all these three Bills may be the some of the members of the com - committee within thirty days positively passed by the Assembly. However mittee pointed out that for rectification about the survey. Abdul Qadir Patel and Kesoo Mal of the error committed during approval The committee meeting was held Kheel Das MNAs submitted their note of the previous budget the instant bill under the Chairmanship of Mir Amer of dissent. is moved hence, it should be passed by Ali Khan Magsi, MNA here at Parlia - The committee considered “The Port the Assembly. After detail delibera - ISLAMABAD: Federal Minister for IT and Telecommunication Syed Amin ul Haque ment House . The committee unani - Qasim Authority (Amendment) Bill, tions the Committee unanimously rec - addresses a press conference. mously approved the minutes of the 2021, (Moved by . Syed Agha Rafiul - ommended that the Bill may be passed previous meeting. lah MNA)”. It was noticed by the Com - by the Assembly.