VOLUME 13 | No 318 Lahore Regd No. CPI 251 WORLD STOCKS/ SPORTS COMMODITIES 6P10 6P9 The Oil falls after Afridi parts Trump urges ways with PSL OPEC not to An English Daily published simultaneously from Lahore and Faisalabad team Karachi cut supply PAGES 12 | Rs 20 Buwww.thsebusiiness.ncom.pk eRabsi-ul-Awasl 05, 1440, KWiendgnsesday, November 14, 2018 Late recovery helps PSX close in green By Our Staff Correspondent reach an intraday high before settling +2.50 per cent) and Pakistan Interna- sonal care products sector (-2.79 per- to currency devaluation and higher higher by a minor 55.95 points at tional Bulk Terminal Limited (PIBTL cent), closed-end mutual fund sector input cost might have motivated the KARACHI: The Pakistan Stock Ex- 41,152.28. The KMI 30 index gath- +1.39 per cent) were the top traded (-2.14 percent) and vanaspati and al- customers to get into an early purchase. change (PSX), following the trend from ered 66.11 points at 70,588.61, while scripts of the day. lied industries sector (-1.70 percent) Pakistan Suzuki Motors Company the last trading session, started the day the Karachi Stock Exchange All The scripts had traded 21.85 mil- were the top losers. Limited (PSMC +2.07pc), Millat Trac- in red on Tuesday but took a U-turn in Share index closed higher by 35.04 lion, 17.75 million shares and 12.83 The automobile assembler sector lost tors Limited (MTL +0.27pc), Indus the second half to end with slight gains. points at 29,851.59. Out of 341 total million shares respectively. 0.70 per cent from its cumulative mar- Motor Company Limited (INDU Foreign investors continued selling on scripts traded, only 145 advanced The top gainers of the day included ket capitalization after the announce- +0.12pc) all ended positively. Monday with a net outflow of $1.73m. while 171 declined. chemical sector (+2.87 per cent), to- ment of the latest data by the Pakistan On the other hand, Honda Atlas The Karachi Stock Exchange The overall trading volumes de- bacco sector (2.48 percent), modaraba Automotive Manufacturers Association Cars (Pakistan) Limited (HCAR) was (KSE) 100 index lost 335.74 points clined from the preceding session to sector (2.43 percent), miscellaneous (PAMA). Auto sales increased by 6pc down by 4.15 percent, Atlas Honda shortly after the start of the trading 177.17 million. Lotte Chemical Pak- sector (+1.79 percent) and paper and year-on-year and 28pc on month-on- Limited (ATLH) by 1.12 percent and session to touch an intraday low. istan Limited (LOTCHEM +5.52 per board sector (+1.77 percent). month in October 2018. Ghandhara Industries Limited (GHNI) It then recovered 106.09 points to cent), TRG Pakistan Limited (TRG On the other hand, food and per- The anticipated increase in price due by 3.44 percent. C M Pak assures action against tax evasion, IMF hails Y K Govt-IMF talks prove

g successful Tax policy board would be separated from the FBR The Business Report policy level talks which were During the first round, the held, the government is ex- officials of Finance Ministry ISLAMABAD: The dia- pected to increase power and and FBR apprised the IMF logue between Minister of State gas tariff and tax net. delegation on next budget and for Revenue Hammad Azhar steps being taken to increase and IMF delegation on tax re- tax. The IMF delegation, led forms and increasing income Govt to fulfill by its chief Herald Finger, have succeeded, on Tuesday. kicked off nearly two weeks The minister of state for IMF financial talks with Pakistani team on revenue held a meeting with necessities the formal written request of IMF delegation on tax re- Islamabad for a possible forms and increasing income. The Business Report bailout package, which will Federal Board of Revenue be country’s 13th bailout. ISLAMABAD: President Dr Arif Alvi chairs the Governors Conference at the Aiwan-e-Sadr. (FBR) chairman Jahanzaib ISLAMABAD: The On October 11, Pakistan Khan and other officials also spokesperson of the gov- had formally requested fi- attended the meeting. ernment on Economy and nancial assistance from the Aasia Bibi handing over Sources said that the dia- Energy Affairs Dr Farrukh IMF, the fund, setting in mo- Commanders logues with the IMF teams Saleem said on Tuesday tion a series of talks that No proposal to have succeeded. The IMF that PM Imran Khan had could lead to a bailout. vow to ensure Canada in team welcomed the action made successful foreign After campaigning on an against tax evaders. visits to put the national anti-corruption platform, PM writ of the state touch with Pak, The IMF team was given a economy back on track. Khan won July’s general grant India MFN detailed briefing on increas- Talking to a news chan- election on wave of popular The Business Report says Justin ing tax income, preventing nel, he said present gov- support. But the country’s status, Dawood tax evasion, tax notices and ernment is consulting with heavy current account deficit RAWALPINDI: COAS General By Our Special the country self-sufficient. “Pak- The Business Report team was ensured that the ac- economic experts to utilise has cast a shadow over his Qamar Javed Bajwa on Tuesday Correspondent istanis should work on increas- tion against tax evasion will all possible options to sta- first months in power, with presided over the 215th Corps Com- ing export volume as it is the TORONTO: Canadian Prime Min- continue indiscriminately. ble the economy. He said foreign exchange reserves manders Conference held at GHQ. LAHORE: Advisor to PM only method to attain a sustain- ister Justin Trudeau has said that his The IMF was further told that the govt is going to hold falling to just $8.4bn, According to a press statement is- for Commerce, Textile, Industry able economy”, he said adding country is in talk with Pakistan on the the tax policy board would be talks with International barely enough to cover the sued by the ISPR, the forum re- and Investments Abdul Razak that we are trying to give a level- handing over Aasia Bibi. separated from the FBR. Monitory Fund to fulfill country’s imports for the viewed geo-strategic environment Dawood has categorically de- playing field to all export-ori- Talking to a foreign news agency on Earlier, after first round of financial necessities. rest of this year. and security situation of the country. nied the rumours of granting ented industries by providing Tuesday, Justin Trudeau stated that he The meeting also discussed India, the Most Favourite Na- them energy at lower tariffs, now does not wanted to talk on this issue progress of ongoing operations, fenc- tion (MFN) status. the different export clusters in anymore but Canada is a welcoming ing along Pak-Afghan border, situa- “There is no proposal from Pakistan especially in Punjab country in this regard. tion along Eastern Border, including our end to give India the most will become competitive with Earlier this week Canada has asked Visible change will be seen Indian ceasefire violations deliber- favourite nation status”, Da- rest of the world. Pakistan to ensure safety of Aasia Bibi ately targeting innocent citizens. The wood said while talking with Talking about cement sector, after her release by the SCof Pakistan within next few months: PM forum reiterated to continue its ef- media at first International Ce- the advisor to PM said that ce- in the blasphemy case and resultantly ISLAMABAD: PM Imran Khan has di- the Prime Minister Office in Islamabad. forts for bringing enduring peace in ment Conference held in Lahore, ment sector is playing a pivotal countrywide violent protests. rected members of the National Assembly The prime minister said that the govern- the country while supporting all ini- jointly organised by INTER- role in infrastructural develop- from Sindh to play their role highlighting and ment was also supporting investment in com- tiatives towards regional peace. CEM and Pakistan Cement ment of Pakistan and China Pak- addressing the problems facing people. mercial and social welfare sectors along with The forum also expressed its resolve Manufacturers Association. istan Economic Corridor led A delegation of National Assembly repre- defence sector. The ministry of defence for continued support to all state insti- He further said that there is no projects have further fueled the sentatives from Sindh met Prime Minister briefed the PM. Minister for Defence Pro- tutions for ensuring writ of the state short cut to success. “It will take sectors performance and indus- Imran Khan at his residence here on Tuesday. duction Zubida Jalal, PM Special Assistance and rule of law in which lies the peace, some time before Pakistani econ- try’s output at a record level. Governor Sindh Imran Ismail briefed the Iftikhar Durani, Defence Secretary Leftiuent stability and prosperity of the country. omy can enter in sustainable “Cement sector is playing a PM upon the Karachi Package and informed General (retd) Muhammad Ijaz Chaudhry and (Picture on Back page) mode, there is no short cut to this, great role in creating employ- him about the issues of Karachi. other senior officials attended the meeting. however the world has started ment opportunities, infrastruc- During the meeting PM directed the repre- PM praised the performance of defence giving positive vibes for Pakistan tural developments”, he said sentatives to play their role in resolving the is- ministry and its affiliated departments. PM FIA questions and number of export orders are adding that currently six new ce- sues of general public besides sharing the pain Khan also stressed involvement of private on a rise”, Dawood said adding ment plants in Pakistan are un- Another report adds: The Foreign and sufferings of people indiscriminately. PM sector in the defence circle so that the state Farogh Naseem “participation of INTERCEM derway and it is expected that this Office on Tuesday said Canadian for- said they have taken the reins of the country can attain complete benefit from defence and delegations from 20 coun- sector will push its export figures eign minister telephoned Shah in a very difficult situation but a clear change sector’s capabilities. By Our Staff Correspondent tries in cement conference is the to 1b dollar mark soon, which Mehmood Qureshi a day earlier and will be seen in the next few months. Minority PM, Qatari army chief discuss trade ties signal that investors are now currently stands at $600 million. spoke about Asia Bibi, who was re- leader Mahesh Kumar invited PM for cake Qatari Chief of the Staff of Armed Forces C ISLAMABAD: Federal Law looking towards Pakistan”. The first day of international cently acquitted by the SC in a blas- cutting. PM cut the cake regarding Diwali and Lt-Gen Ghanim bin Shaheen Al-Ghannim Minister Farogh Naseem on Tuesday He further said that Pakistan cement conference was at- phemy case against her. wished Hindus a happy Diwali. called on Prime Minister (PM) Imran Khan at M was questioned for over an hour by is working on free trade agree- tended by key industry players Dr Muhammad Faisal tweeted that Govt to provide all possible assistance the PM Secretariat, on Tuesday. Y the Federal Investigation Agency ments with different countries both from domestic and inter- the Canadian foreign minister during for defence needs : PM During the meeting, bilateral relations be- (FIA) in a money laundering case. especially China. “We are hope- national markets. Currently the phone call “appreciated Supreme Prime Minister Imran Khan on Tuesday tween both countries, particularly trade and K Sources said that the MQM-P ful to complete the second FTA more than 250 delegates from Court’s courageous decision” acquit- said the government will provide all possible others came under discussion. The PM ex- leader appeared before an FIA team. with China by June next year”, 20 countries including Ger- ting Bibi and the prime minister’s “pos- assistance to the defence ministry to enhance pressed satisfaction over the growth of mu- He was accompanied by party chief Dawood said. He emphasized many, Switzerland, France, UK, itive speech”. “FM Qureshi said that the defence sector of Pakistan. tual relations between two countries and said and IT and Telecommunication Min- the need to focus on ‘Made in China, India and Iran. Asia Bibi is our national and Pakistan He said this while chairing a meeting to re- that strong relations with Qatar are in the pri- ister Khalid Maqbool Siddiqui. Pakistan’ culture as it will make (Picture on Back page) fully respects her legal rights. view performance of the defence ministry at orities of his government. —Agencies No DPC meeting held for nine years FBR top ‘baboos’ ‘highhandedness’ deprives inspectors of promotion resting smuggler, drug dealers, rum- the norms of justice. missioners. They are elevated to the g Many attain age of superannuation with wish to be elevated maging of aircraft/carrier, passenger fa- The inspectors, the major force be- rank of deputy collector, additional col- cilitation, deposition of seized goods in hind the huge collection of revenues lector, collector and member customs By M J Hayat I(I)ERM/2011/65140 dated 09th May, aging the inspectors through promotion. the State Ware House and pursuance of have been losing hearts effecting the chief collector respectively during their 2011, stated that it was ordered/advised Inland Revenue and Customs inspec- cases in different courts. revenue collection, the officials said, service time”, they said. LAHORE: ‘Highhandedness’ of the to hold meeting of DPC twice in a cal- tors on the condition of anonymity said They said that inspectors are adding that inspectors having When this scribe contacted FBR Federal Board of Revenue (FBR) top endar year regarding the promotion of that to strength the economy of the being deprived of about 30 years of spokesperson, Dr Iqbal for his version bureaucracy has deprived thousands of the employee of BS-14 to BS18. country and to collect-revenue, the role timely promo- service are still he expressed his ignorance about the Customs and Inland revenue inspectors However, these due to the highhand- of the inspectors is very important and tion to next waiting for issue and assured to take up the matter. of their right of promotion as no De- edness of top bureaucracy orders have significant, they added. cadre and t h e i r The Inland Revenue and Customs in- partmental Promotion Committee not been implemented in the case of The inspectors are working hard in b a s i c promotion spectors also urged the FBR Chairman (DPC) meeting has been held for the promotion of the inspectors customs different field day and night for per- facilities. “The FBR to next cadre. and other concerned for ordering to last nine years, effecting revenue col- and Inland Revenue and this important formance of their duties including par- top bureaucracy has “This is a sheer hold meeting of DPC of inspectors at lection, Daily The Business has learnt matter of promotion is not being con- ticipation in anti-smuggling operations, totally neglected the discriminatory treatment for the earliest for the promotion, enabling reliably. sidered by them, the sources said, preparation of seizure and contraven- inspectors of their right of pro- the employees of a same depart- them to get them rid of the frustration, The last DPC was held in 2009 for adding it is first and for most duty of tion reports, examination of imported motion to next cadre while many have ment, the officials said, disclos- as they have been waiting for their pro- promotion of Customs and Inland Rev- high ranked officers to do the needful goods / baggage of passengers, assess- attained the age of superannuation with ing CSP officers are being promoted motion since a long period. Meanwhile, enue inspectors to the next cadre while for the welfare of junior and field offi- ment of duty and assessment of slip, a wish of promotion,” they said terming regularly after joining the department as n the FBR’s own letter/notification No. cers but the department is not encour- profiling of passengers/smugglers, ar- it highhandedness, injustice and against assistant collectors and assistant com- Continued on Back Page The Business | LAHWednOesdayR, NoveEmber 1 40, 22018 Quick Read PHP registers 171 cases against Punjab okays commuters uplift scheme in By Our Staff Reporter LAHORE: Punjab Highway its PDWP forum Patrol (PHP) registered 171 cases By Our Staff Reporter against commuters, who paid no heads to traffic rules, arrested 16 LAHORE: The Punjab Provincial De- under violation of Sound System velopment Working Party approved devel- Act, arrested 35 gamblers and re- opment scheme of road sector with an covered cash Rs.51100. estimated cost of Rs 684.593 million. The scheme was approved in the 3rd In detail: Patrolling Police reg- meeting of Provincial Development Work- istered 171 cases against traffic ing Party (PDWP) of current fiscal year violators who paid no heads to 2018-19 presided over the Chairman P&D traffic rules. While seized 66 Habib ur Rehman Gilani. motor bikes on using fake regis- Secretary P&D Iftikhar Ali Sahoo, all tration or green number plates. Members of the Planning & Development Furthermore, PHP team arrested Board, Provincial Secretaries concerned 35 gamblers Adnan, Junaid, Riaz, and other senior representatives of the rel- Younis, Iqbal, Ali, Bilal, Ashiq, evant Provincial Departments also attended Waseem, Afzal, Aqeel, Muhahid, the meeting. Hameed, Zulfiqar, Sajid, Gulzar, The approved development scheme in- Liaqat, Amir and recovered cash cluded: Construction of Road from Dhulla to Mangwal Length=18 KM, District Chak- Rs 51,100 from them. PHP team wal (Revised) at the cost of Rs. 684.593 registered 16 cases against sound million. system violators who were dis- turbing public peace. PHP team arrested 35 culprits on fixing prohibited gas cylin- PHC seals 50 ders. more quackery outlets LG Electronics, By Our Staff Reporter Lufthansa Technik LAHORE: Japanese Ambassador to Pakistan Takashi Kurai with participants at a oath-taking cermony held under Monbukagakusho Alumni join hands LAHORE: While continuing action on Association of Pakistan (MAAP) at the University of Engineering and Technology (UET). quacks throughout the province, the Punjab LAHORE: Healthcare Commission (PHC) on Tuesday has sealed 53 more quackery outlets. LG Electron- As per details, the PHC teams carried out Oath taking ceremony under MAAP at UET ics (LG) and action in 10cities, including Lahore, and L u f t h a n s a visited 264 treatment centres. Technik AG The census data showed that 86quacks’ will jointly develop, produce and centres had been converted into other busi- market LG’s innovative OLED nesses. Among the visited centres, 29were displays for commercial airplane in Safdarabad, Khushab 26, 24 each in cabins, the companies announced Jhang and Pattoki, while 23 each were in Doors of Japanese varsities on Tuesday. the rest of the cities. The sealed ones had The new venture will be based seven in Gujrat, 6 each in Bahawalnagar, in Hamburg, Germany and will Rajanpur and Jhang, Lahore 5, Khushab 3, commence operation in the first while the rest had four each. In Lahore, Mumtaz Clinic and Maternity Home, Dil- half of 2019. shad Clinic, Aamir Clinic and First Aid open for Pakistani students The new joint venture will Centre, Asif Dental Clinic and Asim Med- By Our Staff Reporter “Pakistani youth is very talented and prospects in Japan for Japanese educa- establish strong ties with Japan at the combine LG’s advanced, light- ical Store were closed down. have creative minds. tion. level of PEC.” weight and flexible OLED dis- LAHORE: Monbukagakusho They should get benefit from schol- AdditionalRegistrar Pakistan Engi- The Japanese Ambassador was play technology with Lufthansa Alumni Association of Pakistan arship offers because the doors of neering Council (PEC) Dr. Nasir Mah- pleased on being introducedin Japan- Technik’s aviation business capa- (MAAP) organised an oath-taking cer- Japanese universities are always open moodexpressed his views while ese by UET professors. At the end of bilities to create new markets for Study on road emony in University of Engineering for Pakistani students”, he expressed saying,“he has spent many years in event Vice Chancellor Prof. Dr. Fazal on-board aircraft applications and Technology (UET) Lahore here on these views while addressing to the Japan and that was the happiest time of Ahmed Khalid presented a souvenir to such as welcome board screens transport sector Tuesday. oath taking ceremony of newly elected his life.”He further said,“we want to honorable guest. and interior linings. Japanese Ambassador to Pakistan candidates. “We are very excited to be Mr Takashi Kurai participated as chief Vi c e - C h a n c e l l o r joining hands with Lufthansa launched guest. Vice-Chancellor UET Prof Dr UET Prof Dr Fazal Process of punishment, reward will Technik to expand the reach of LAHORE: Karandaaz Pakistan has Fazal Ahmad Khalid, Registrar Ahmed Khalid congrat- LG’s innovative consumer elec- launched a study on the bankability of the Muhammad Asif, Additional Registrar ulated the MAAP mem- tronic technologies to commer- road transport sector here on Tuesday. remain part of Police Dept: IGP Pakistan Engineering Council (PEC) bers and briefed them cial aircrafts,” said Kwon The transport and logistics sector is one Dr Nasir Mahmood, UET Professors about the programs in- By Our Staff Reporter Soon-hwang, president of LG’s of the most important elements of an econ- graduates of Japan, faculty members troduced in the univer- omy. While transportation focuses on the and MAAP Alumni members also at- sity. LAHORE: The process of punishment and reward will remain the part of Police department Business-to-Business Company. movement of goods from one place to an- tended the ceremony. He said that the Japan and the officers and officials who render stupendous services will be encouraged and this will other, logistics refers to the management of At this occasion, the opportunities Embassy has been very enhance moral of the force. this flow and in addition to transport, in- of Japanese scholarships for students supportive to Pakistani Inspector General of Police (IGP) Punjab Amjad jawed Saleemi expressed these views while Siraj asks govt to cludes storage, handling, inventory, and were discussed for higher education. students for creating op- disturbing commendation certificate and cash prize to Sub Inspector Muhammad Haneef from packaging among other things. Ambassador of Japan to Pakistan portunities to learn- Multan region upon showing extraordinary services at Khidmat service centres. explain its position Existing research on Pakistan’s road Mr Takashi Kurai was pleased over Japanese so that Performances of officers and officials from different branches are being monitored on regu- transport sector remains largely fragmented visiting UET Lahore and praised the Pakistani students could lar basis and better results from the force are expected by distribution of these prizes, the on Aasia Masih and outdated. —PR trend of research in Pakistani students. getbetter educational Provincial Police Chief added. By Our Staff Reporter

LAHORE: Amir, Jamaat e Is- lami (JI), Pakistan, Senator Sira- Govt to fulfill expectations jul Haq, has called upon the government to explain its posi- tion in respect of Aasia Masih’s presence within the country and of people, says CM PTI woman MNA’s proposal for the recognition of Israel. — Zain Qureshi MNA calls on CM Addressing a press conference By Our Staff Reporter accidents the bereaved families and di- at Mansoora on Tuesday, he said Buzdar has expressed a deep rected to provide best healthcare that if Aasia Masih had already LAHORE: We speak less and sense of grief over the death of facilities to the injured. been sent abroad, it would mean work more and promises made people in separate road accidents Chief Minister has also sought that this was something pre- with regard to southern Punjab near Sundar and Talagang. a report about road accidents planned and the Supreme Court will be fulfilled. He has extended sympathies to from the administration. proceedings were only a formal- This was stated by Punjab ity. Chief Minister Sardar Usman CM message on World Diabetes Day The JI chief said that in order Buzdar while talking to elected to end the unrest and commotion MNA from Multan Zain Qureshi The Business Report among the masses on Aasia’s who called on him here on Tues- issue, the government should im- day. LAHORE: Punjab Chief Minister Sardar Usman Buzdar has said mediately file a review petition Usman Buzdar said that people that diabetes is spreading rapidly in Pakistan and other parts of the before the apex court and the full of southern Punjab have given world for quite some time. court of the Supreme Court mammoth mandate to the PTI in In his message, Chief Minister said that adoption of precautionary should hear the matter. general elections. The government will fulfill the measures help to control the disease of diabetes. People can also re- He also demanded immediate expectations of the people. Now, main safe from this disease by using balanced diet, exercise and reg- LAHORE: Mrs Farzana Sheharayar with Health Minister of Punjab Dr Yasmeen Rashid and revival of a special cell in the Re- practical steps will be taken and ular walks. The purpose of celebrating this day is to raise necessary Vice-Chancellor Ameer-ud-Din Medical College Dr Javed Akram after receiving gold medal on ligious Affairs Ministry on the real changes will be introduced. awareness about protection from diabetes as awareness and different behalf of Dr Ateeba Musaddaq. Tahafuz e Namoos e Risalat. I shall soon visit southern Pun- precautionary measures are utmost necessary for the health of the He impressed upon the gov- jab and meetings will be held people. Proper use of social media, along with print and electronic ernment to move a formal appli- with elected representatives, of- media projection, will bear positive results with regard to raising so- cation before the International fice-bearers and workers, the cial awareness in the society. Similarly, adoption of different meas- Court of Justice for the release of Chief Minister concluded. ures for controlling the diabetes is a part of governmental priorities, PSCA to complete Kasur Dr Aafia Siddiqui. Condoles loss of lives in road the Chief Minister concluded. Siraj said that so far, no sensi- ble action had come forth from Safe City project in Nov the government on Aasia Masih’s — All main routes, installations and public places issue. He said the issue was not dead. Files of 69,000 plots will be covered with 500 cameras across the city By Our Staff Reporter sible. Breast cancer scanned, says DG LDA The Chief Operating Officer directed that cam- By Our Staff Reporter The computerised record was submitted by the public. LAHORE: Punjab Safe Cities Kasur project eras should be installed on all major locations, awareness also being shifted on GIS appli- She was talking to a two mem- will be completed in November and all main roads, parks, petrol pumps, hotels and key areas LAHORE: Director General cation. A special project for scan- ber delegation of World Bank routes, installations and public places will be in the city. session with SKMH Lahore Development Authority ning and computerisation of land Technical Support Mission which covered with 500 cameras across the city. These He said that all resources should be utilized (LDA) Amna Imran Khan has in- record of LDA’s housing schemes called on her on Tuesday. views were expressed by the Chief Operating Of- and project’s completion must be ensured in LAHORE: Descon collabo- formed that files of 69 thousand was being implemented. The Mission was visiting Pun- ficer Akbar Nasir Khan while visiting Kasur Safe given time. DPO Kasur Dr. Shahzad Asif said rated with Shaukat Khanam Me- plots out of the one hundred thou- After completion of this project jab on the invitation of Punjab City project site in DPO Kasur office here on that Safe City Project is helping a lot in prevent- morial Hospital (SKMH) to sand property files of LDA had the chances of frauds will be re- Government for drafting propos- conduct a one day session to raise been scanned and the task of their duced to minim and quick action als for urban Land Record com- Tuesday. ing crime in the district. The COO was accompanied by DPO Kasur Dr The technical team during their briefing told awareness around Breast Cancer data entry has been completed. will be possible on applications puterisation of Punjab. the other day at their Lahore of- Shahzad Asif. that more than 3000 emergency calls are received Complete record of four hous- fices. ing schemes namely Jubilee The COO reviewed the progress of project’s in Kasur Safe City Center on daily basis. SKMH is the largest cancer Town, Avenue One, Mustafa construction where engineers’ team briefed them They told that police response has improved hospital in Pakistan and is also Town and Gulbarga had been about the final stages of installations. Talking to and we are focusing on best utilization of avail- home to the largest radiation on- computerised and various appli- the occasion, Chief Operating Officer said that able resources. He said that the work is contin- cology centre in Pakistan. cations with regards to plots situ- Kasur Safe City should be completed in Novem- ued at a fast track and project will be completed A strong believer in commu- ated in these schemes were being ber to ensure the safety of peoples lives and prop- in November if the required funds are allocated nity service, Descon is a com- processed online. Computerisation of land record erty. accordingly. They told that fiber optics is being pany with a long history of of Johar Town and Sabazazar was Akbar Nasir Khan directed that installation of laid in the city and a 16 by 5 feet screen in being Corporate Social Responsibility underway. 500 cameras should be completed as soon as pos- installed in the center for monitoring of the city. (CSR). —PR The Business |02 FAISALAWedBnesdaAy, NovDember 14, 2018 Chiniot dam important to meet water shortage FAISALABAD: The lion and now it is managing welcome President FCCI Managing Director (MD) 20 companies including six Syed Zia Alumdar Hussain Fauji Foundation,Lt General listed companies. “It has in- told that Faisalabad is (Retd) Syed Tariq Nadeem vested in diversified portfo- among top of the fastest Ghillani has said that Chiniot lios including, fertilizer, growing cities of Pakistan. dam was important in the cement, power and banks”, He said that it was contribut- prevailing scenario of water he told, adding that it is also ing 45 to 55 percent towards shortage. managing terminals at total exports from Pakistan. He announced to take up Karachi Port. He told that Karachities the matter with Chairman He told that it is not get- claim that they are earning Water and Power Develop- ting any favor or incentive 75 percent of total income of ment Authority (WAPDA) Lt from the government while Pakistan which is not true in General Muzzamil Hussain. during 2017 it deposited terms of manufacturing of He was addressing a func- Rs.160 billion as taxes and goods. He told that although tion held here in Faisalabad duties in national kitty. textile is the symbolic repre- Chamber of Commerce and He further told that FF is sentation of Faisalabad yet Industry (FCCI). managing 104 schools and sugar, oil, foundry and other Veteran business leader Ch 100 health institutions in- sectors are also growing at a Ghulam Sarwar presented a cluding 11 major hospitals. much faster pace. He intro- comprehensive report on Similarly, it has also estab- duced Faisalabad and told Chiniot dam and stated that lished a Foundation Univer- that it has biggest Agricul- WAPDA approved this proj- sity in Islamabad which will tural University and Na- ect in 1986. be linked with 76 vocational tional Textile University but According to the feasibil- and technical institutes it is lagging far behind in ity study, it could store water across the country so that terms of technical education. for irrigation purposes in ad- highly educated and techni- He said that FCCI has re- dition to generating 80 cally competent workforce cently constituted a think megawatts electricity. could be created. tank that will implement his Major General (Retd) He mentioned Sialkot and agenda consisting of Triple Javaid Iqbal Nasir, Major said that FF in collaboration “E”. Explaining, it he told FAISALABAD: Residents of Jhumra raise slogans while protesting against Police Station of Jhumro at the District Council Chowk. General (Retd) Kaleem with Sialkot Chamber has es- that it stands for economy, Sabar Taseer and (Retd) Vice tablished an institute of tech- export and education. He Chief of Air Staff Syed Ather nology while process to told that it is very encourag- Two killed, four Hussain Bukhari were also establish university campus ing that government was tak- present. FF to establish was also in progress. ing keen interest in injured in road state-of-the art hospital He offered FCCI similar enhancing exports. accidents Sugar mills to start Fauji Foundation (FF) will cooperation and said that it He also explained his establish a latest and state-of- would help to provide skilled strategy to overcome the im- FAISALABAD: Two the art hospital on Millat workforce to the local indus- port-export gap by enhanc- members of a family were sugarcane crushing by 20th road while other four health trial units. Responding to a ing exports and trimming killed while four others sus- By Our Staff Reporter guest of seminar. Seminar and education related institu- question Managing Director down imports in addition to tained injuries in separate road was also attended by the tions would also be upgraded told that Askari Pharma was increasing per acre yield of accidents on Tuesday. Accord- FAISALABAD: Director Senior Manager Operation, to cater to the needs of this a project of Army Welfare different major crops with ing to Rescue-1122, Yasin Agriculture Chaudhry Abdul Deputy Manager Communi- city, said Managing Director Trust which was abandoned right and in time selection. along with his mother Sakina Hameed said the sugar mills cation, Incharge Environ- , Fauji Foundation, Lt. Gen- due to some unknown rea- He underlined the need to was riding a motorcycle on were bound to start sugar- mental Society, Assistant eral(Retired) Syed Tariq sons. However, FF was now strengthen industry-acade- Jhumra Road near dryport cane crushing by November Manager Operation and Nadeem Gillani HI (Milita- seriously considering a pro- mia linkages with the help of railway level crossing when a 20. other officers. try) here on Tuesday. posal to establish its own the government. A question- rashly driven trailer hit them. He said that sugarcane Representative of FWMC Addressing members of pharmaceutical unit. answer session was held in Both the mother and son died crop had been sown on delivered lectures about the the Faisalabad Chamber of Retired Major General which Dr Khurrm Tariq, on the spot. In another acci- 515,570 acres of land across cleanliness and informed Commerce & Industry Javed Iqbal, Director Welfare Rana Sikandar Azam, dent, four persons were in- the division. about the Prime Minister (FCCI) here today, he told (health) told that after gov- Chaudhary Mohammad jured when a rashly driven bus He added that administra- Clean & Green drive. that Fauji Foundation was ernment, FF was managing Boota, Chaudhary Moham- hit a motorcycle rickshaw tion of the 14 sugar mills During his speech MD created in 1952 under En- the biggest health system in mad Asghar, Haleem Akhtar near Millat Chowk on was directed to start crush- FWMC Col Ammad Iqbal dowment Act. the country. “It is providing Malik, Chaudahry Moham- Sheikhupura road. ing on time, or else strict ac- Gull said that basic aim to “Its mandate was to look health facilities to 1.6 million mad Sarwar, Engineer Workshop for police offi- tion would be initiated After copying it, AMRI very difficult to find labour organize such seminar is to after the ex-servicemen and registered patients”, he told. Ahamd Hassan, Sanaullah cers: A week-long training against them. prepared the machine at a for installing the garlic create awareness about im- their families”, he told and Retired Major General Niazi, Usama Awan, Dr. workshop started at police lines He said the government cost of Rs 150,000 only. seeds. portance of cleanliness added that foundation is pro- Kaleem Sabir Director Wel- Habib Aslam Gabba, Inam for changing "Thana culture" fixed the purchase rate of Now, the machine is The garlic planter is an ef- among our youth so that viding health and education fare (education) told that Afzal and Colnol Rizwan and bringing revolutionary re- sugarcane at Rs.180 per available on commercial ficient machine which is Faisalabad could gain a facilities to 9 million ex-ser- technical and vocational took part. Later, shields were forms in police department. A mound. basis at different shops in the used to plant garlic in an name of clean city. vicemen and their families training was imperative also presented to the guests police spokesperson said on Locally developed garlic region. acre within 75 minutes only, Senior Manager Ijaz Ban- which constitute 5 percent of along with the formal educa- including Former Ambassa- Tuesday that SDPOs, SHOs, planter facilitating farm- The AMRI also imparted he said adding that it not desha said that FWMC is total population of Pakistan. tion. He said that FF was dor to Syria Retired Air Vice Incharges Homicide and In- ers: Agriculture Mechanisa- training to workers of vari- only cut expenses but also taking special measures to Continuing Gillani told equally concentrating on all Marshal, Syed Athar Hus- charge investigation were par- tion Research Institute ous private engineering units time. make Faisalabad a clean & that foundation was estab- these three sectors. sain Bokhari who especially ticipating in the workshop. (AMRI) has prepared mod- so that they could develop Call to create awareness green. He also made an ap- lished with only Rs 18 mil- Earlier, in his address of attended this function. During the workshop training ern garlic planters which are the machines in large quan- among youth about impor- peal to students that they would be imparted to 322 po- available on commercial tity. tance of cleanliness: Faisal- should play their pivotal role lice officers on service deliv- basis in various cities. To a question about the abad Waste Management in this campaign. ery, measures for improvement This was informed that utility of garlic planter, Company (FWMC) has The principal of school the image of police among AMRI used to work on re- AMRI informed that about arranged awareness seminar appreciated the steps being people, discouragement of ille- verse engineering with an 190,000 to 200,000 garlics regarding Clean & Green taken by FWMC to make gal use of powers, patrolling, aim to ensure early provision were planted in an acre man- Punjab at a private school Faisalabad a clean city and training of cops for setting up of cost effective machinery ually and it was very diffi- canal road Faisalabad. said that students as well as pickets etc. —APP to local farmers. AMRI im- cult job. The farmers have to Managing Director (MD) teachers of schools would ported garlic planter at a cost bear Rs 20,000 acre labour Ammad Iqbal Gull and actively take part in this Concern over of Rs 500,000. charges. These days, it is School Principal was chief campaign. another hike in electricity tariff By Our Staff Reporter

FAISALABAD: Pakistan Consumer Protection Voice has expressed his grave con- cern on the another hike in electricity tariff, in a press re- lease issued here on Tuesday, it has been stated that the gov- ernment has already increased the prices of gas from 10 to 143 per cent while the cabinet had already approved an in- crease in the power tariff and new tariff proposal is entirely a serious burden. Giving the details by PCPV it has been emphasized that Preparations are underway to drop another electricity bomb on the public after the Central Power Purchasing Agency (CPPA)has proposed an in- crease of Rs0.64 per unit in power tariff. The Central Power Pur- chasing Agency has pro- posed an increase in electricity prices to National Electric Power Regulatory SARGODHA: A quack dentist busy in checking teeth of his customer Authority (NEPRA) under FAISALABAD: A group photo of all office-bearers, secretaries and presidents of tehsils at his set-up in front of the Municipal Corporation Office. fuel adjustment. and districts after the meeting of High Court Bench constititution. Order to release Progress, prosperity directly linked foreign-origin dry milk with business community: Governor By Our Staff Reporter By Our Staff Reporter much needed jobs for the youth but and said that he had inaugurated creased in consultation with real FDA: Under open door policy, one- FAISALABAD: Additional Collector Customs Adjudi- also earns precious foreign ex- five filtration plants, including one stakeholders. During meeting Pres- window counter has been set up in cation Asma Hameed issued Order-in-Original (ONO) to re- FAISALABAD: Punjab Gover- change in addition to paying taxes in central jail on Sunday. He said ident FCCI Syed Zia Alumdare Faisalabad Development Authority lease foreign origin dry milk seized by the Customs Intelligence and Investigation Field Intelligence Unit (FIU) nor Chaudhry Muhammad Sarwar for the national kitty. that the business community should Hussain presented his written sub- (FDA) to facilitate the people. Ac- Sargodha during an operation. Sunday said that progress and pros- He said that he had always advo- also come forward in this connec- missions and said that today the cording to department sources, all According to the details here on Tuesday, Customs Intel- perity of the country was directly cated problems of businessmen and tion so that this basic pubic need hottest issue was electricity and gas. directors will listen to the problems ligence and Investigation impounded Hino tanker registra- linked with the business community would continue this practice during could be fulfilled. He also stressed the need to revive of the people at the counter on turn tion number SGS-08-1112 and recovered dry milk and asked and the government was committed this tenure. Regarding gas issue, the He said that export was one of sick units as they could start imme- basis daily from 10 am to 12 pm the owner Barkatullah Khan to show documents or any ev- to resolve their genuine issues on a governor said that he had already the top priorities of the government diate production whereas new in- and will issue necessary orders for idence regarding lawful supply of the items. Owner Barkat- top priority basis. discussed the issue with PM Imran and it was considering proposals to dustrial units would have to first their redress. On first day, Asghar ullah provided bilty no 3383 issued by M/s Khawaja Goods Talking to a delegation of the Khan and Federal Minister for Pe- increase export and decrease im- import new machinery and then start Ali Chief Engineer FDA would lis- Transport Company Karachi. However, he could not pro- Faisalabad Chamber of Commerce troleum Ghulam Sarwar Khan and ports. production. He also demanded a top ten to the public complaints at the duce any documented evidence showing legal import or and Industry (FCCI) the other day, hopefully the issue would be re- He agreed with proposal that the of the line social security hospital in counter about FDA city, transfer of lawful purchase of the loaded goods. Seizure case against he said the private sector was the solved very soon. government should have a meeting Faisalabad and dispensaries in all plots by state management and ap- the owner was registered under the provision of Section engine of growth for the national He also discussed the issue of with office bears of export associa- industrial clusters of Faisalabad. proval of designs by town planning 194- A of Customs Act 1969 and the case was forward to economy. He said it not only creates provision of clean drinking water tion so that exports could be in- One-window counter set up in etc. —APP the Customs Adjudication for further legal action. The

O Business Minimum 17:0 C Maximum 22:0 OC Sunset 05:06pm Sunrise (Tomorrow) 06:37am | Metropwww.tohebusinesls.comi.pktaWnednesday, November 14,0 20138 OPC being transformed on modern lines, says Waseem By Our Staff Reporter FAJAR 05:05 AM LAHORE: Vice Chairper- ZOHAR 11:47 PM son Overseas Pakistanis Commission (OPC) Punjab ASR 02:45 PM Waseem Akhtar has said that MAGRIB 05:06 PM on the special instructions of Chief Minister Usman Buz- ISHA 06: 29 PM dar, OPC is being trans- formed on modern lines to settle the issues of expatriates Quick Read in minimum possible time. Presiding over a depart- mental meeting he said that the wayChief Minister Pun- PTI leadership jab has laid the foundation of prosperity and development working on of the province, in the similar welfare projects, manner he is also fully com- mitted to facilitate the over- says Aijaz seas Pakistanis in resolution of their problems. By Our Staff Reporter Waseem Akhtar said that Usman Buzdar is a successful LAHORE: Provincial Chief Minister and a compe- Minister HR&MA Aijaz tent administrator, who has Alam Augustine has said won the hearts of the people that the credit of the welfare by his hard work and nobility. projects like shelter homes Under the guidance of went to the PTI leadership. Chief Minister, OPC Act is He said the revolutionary vi- also being amended and pos- sion of Prime Minister Imran itive reforms are being intro- Khan will change the destiny duced to further streamline of people of the country. the functions of the organiza- He expressed these views tion and tobetter facilitate the while meeting with different Overseas Pakistanis. members of PTI in new min- LAHORE: A donkey cart holder carries waste iron. ister block’s office, on Tues- day. The Minister said that Ring Road the foundation stone of the first shelter home had been Japanese Ambassador calls on CM southern loop laid near Lahore Railway construction Station. He said initially five shel- soon: Piracha ter homes would be estab- lished under a pilot project By Our Staff Reporter and the shelter home being Japan assures cooperation in LAHORE: Commissioner constructed in Lahore would be a state of art where trav- Dr Mujtaba Piracha said that elers would be provided with construction of Southern other facilities too. The main Loop Three (SL3) of the La- objective of establishing hore Ring Road would be iByr Ourr Stafif Rgeportaer tiohard wnork, h,e a ddced. lean and provirsion iof cnlean dkrinkingi wnater. Hge It is wthe best atime to gieve nerw dimension started in 2019 and it would shelter homes is to provide facility of spending night to Science and technology sector will be said that conducive atmosphere is pro- to our friendship with Japan, he con- be completed in 2020. the poor people visiting La- LAHORE: Ambassador of Japan to moved forward in Punjab by learning vided for investment and as a result, in- cluded. He said that SL3 would hore, he added. Pakistan Takashi called on Punjab Chief from rapid progress made by Japan. We terest of foreign investors has been Japanese Ambassador said that there is joint Adda Plot Raiwind Minister Sardar Usman Buzdar here on will also take benefit of Japanese expert- increased in Pakistan especially in Pun- a need to transform Pakistan-Japan rela- Road Ring Road with Mul- Tuesday and discussed various matters of ise as innovative reforms are being intro- jab due to favorable policies of the gov- tions into strong economic ties and Japan tan Road at Maraka. He said UIT hosts mutual interest including promotion of duced in the new Pakistan. ernment. Japan can also take full benefit is willing to further promote its relations that 8 km SL3 would com- bilateral relations and expansion of coop- He maintained that there is a need to of new opportunities of investment, he with Pakistan. plete the Lahore Ring road. Python eration in different sectors. take effective measures to expand trade added. Economic relations between Pakistan In meeting under his chair, They also agreed to further promote and economic cooperation between the Japan has played an important role in and Japan will be further increased in the all Directors of LRRA par- professionals trade and economic relations and Japan- two countries adding that bilateral trade the national development of Pakistan and days to come and steps will be taken to ticipated. In meeting all mat- at Meetup ese ambassador assured to promote coop- volume between Pakistan and Japan will government is focused on the welfare of promote investment between Punjab and ters regarding procedure of eration with the province of Punjab in have to be increased as well. He com- the common people under the leadership a Japanese city Osaka. He also extended inviting contractors firms By Our Staff Reporter irrigation, clean drinking water and tech- mended that Japanese cooperation in im- of Prime Minister Imran Khan. He said felicitations to Usman Buzdar on success and other details were dis- nical and vocational education. proving civic amenities; healthcare and that many opportunities of investment are in general elections and assumption of cussed and reviewed. He LAHORE: The Usman Usman Buzdar said that best relations education sectors are appreciable. available in different sectors of life in charge of the post of Chief Minister of said that construction of SL3 Institute of Technology exist between Pakistan and Japan. Japan- There is a huge potential of investment Punjab and the law and order situation is Punjab. Chairman P&D, CEO PBIT, would be done by BOT (UIT) organised a meetup ese nation has progressed by dint of hard in different sectors in Punjab including also satisfactory. Best facilities will be spokesman to CM and high officials were (build, operate and transfer) for programmers, develop- work and I am a great admirer of their healthcare, education, energy production provided to foreign investors in Punjab. present on the occasion. on PPP mode. ers, academics and profes- sionals of the computer programming language Python. The gathering held at the Int'l mathematics UIT’s Karachi campus on October 27 received an over- NAB holds Urdu whelming response from conference begins at GCU professionals and students By Our Staff Reporter foreign countries besides 61 ing the conference. Prof alike. The institute has been Pakistani researchers and Atangana urged students to holding this event regularly LAHORE: A three-day scientists will present their follow their interests. He declamaBy tOuri Stoaff Rneport er contest and the latest of these pro- international conference on papers at the three-day con- said it was very unfortunate grammes was attempted to Mathematics and its Appli- ference. that some students chose get united the professionals LAHORE: The National Accountability Bureau (NAB) holds Awareness & Prevention Wing in relation with United Na- cations began at the Govern- GCU Vice Chancellor their subjects on the basis of tions Convention against Corruption (UNCAC) guidelines persistently contributing towards the International Anti Corruption from the industry and uni- ment College University Prof Dr Hassan Amir Shah scope instead of their inter- versities to share the latest Day which is being celebrated on 9th of December every year. (GCU) Lahore on Tuesday. chaired the inaugural session ests. Pakistan is one of the signatory of UNCAC, whereas, in response to the guidelines of UNCAC National Accountability Bu- developments and their The conference has been while Prof Dr Roumen Vice Chancellor Prof Dr views around the Python reau being an apex Anti Corruption Body organizes different events in School, Colleges and University level to mark Anti-Cor- dedicated to the Nobel Lau- Anguelov of University of Hassan Amir Shah said GCU ruption Day. Such events provide an opportunity to create awareness and commitment to curb the menace of corruption from ecology to students. reate Prof Dr Abdus Salam Pretoria, South Africa and was holding three confer- Google Developer Expert society. and philosopher poet Allama Prof Ekram Savas from Van ences this week which pro- NAB Lahore held Urdu Declamation Contest among Inter-Collegiate and University students at Al-Hamra Arts Council, La- and Chief Technical Officer Dr Muhammad Iqbal, organ- Yuzuncu Yil University, vided them opportunities to SastaTicket.pk, Mashhood hore on the topic “Khud Ehtasabi: Waqt ki Pukaar” . ized by the Mathematics De- Turkey also addressed. establish research and aca- The activity was organized among 38 x contestants from 21 Districts of Punjab, who were first position holders of their re- Rastgar, addressed the audi- partment GCU in In his address, Prof demic linkages with national ence on ‘Introduction to spective Districts and various Universities had participated in the contest. Dr Murad Raas, Provincial Minister for School Ed- collaboration with the fed- Anguelov said that mathe- and international universi- ucation graced the event as Chief Guest whereas, Dr Amir Zaman Khan, Vice Chancellor, Fatima Jinnah Medical University Python Karachi and Pycon’. eral and provincial higher matics was very vast field of ties. He stressed that modern (FJMU) and Dr Faheem Malik, Acting Vice Chancellor, University of Gujrat participated as Guests of Honour. He highlighted the impor- education commissions. science but unfortunately research had become com- Moreover, the jury members who evaluated the contest were Associate Professor, Dr Arifa Shehzad, University of the Pun- tance of the Karachi Python The three-day conference youth studied mathematics plex and multidisciplinary so jab, Lecturer Dr Ayesha Azeem Lahore College for Women University and Miss Aliya Maryam, Asstt Professor Govt College group in keeping abreast the will provide a platform to the without knowing its applica- universities needed to pool in Shadbagh, Lahore. local Python wizards, in- scientists, industrial profes- tions which resulted in de- their resources and expertise. Syed Ibrar Abu-Alhassan from Punjab College Kasur secured first position, M Azeem Azam from University of Central cluding students with the lat- sionals and academicians to cline in their interest as well The VC said GCU Mathe- Punjab, Lahore stood at 2nd and Umar Saeed of Govt Postgraduate College, Okara remained at 3rd position in Urdu Decla- est developments on Python. exchange ideas and present as understanding. matics Department was the mation Contest. He said that Python since their latest research in the Prof Abdon Atangana only seat of learning in the While addressing the participants, Chief Guest Dr Murad Raas appreciated the effort and commitments shown by NAB in its formal introduction in field of Mathematical Sci- from South Africa, one of the subcontinent until 1920 the wake of eradication of corruption from society. He said it is a matter of admiration for NAB Awareness & Prevention Wing 1990 has emerged very ences. Scientist from the youngest professors of when the Department of that they are working in Educational Institutions along with other operational activities. Our youth is our future they have to strongly in the program- USA, South Africa, Turkey, Mathematics in the world at Mathematics was established handle all affairs of nation in coming future and NAB’s efforts at morality of them has its worth. ming arena. Thailand and seven other the age of 30, is also attend- in the Punjab University. NH&MP trainee Chinese investors desire for officers visit PSCA JVs in textile sector: PBIT By Our Staff Reporter rorism surveillance and electronic briefing session, souvenirs were evidence management. exchanged among officers from By Our Staff Reporter scape of the country. garding the entire procedures tives to deepen trade relations. LAHORE: Trainee Chief Pa- The trainee officers showed a both sides. CEO PBIT, Burana wel- for establishing or expanding They invited PBIT and poten- trol Officers (CPOs) of National great interest in the working of the At the end of the briefing, sou- LAHORE: Realizing Pak- comed the delegation and the businesses in Punjab tial investors from Punjab for istan’s potential as 4th largest briefed them about the core through its Special Economic showcasing their products in Highways and Motorway Police authority and termed their visit as venirs were exchanged among the very fruitful. At the end of the officers from both sides. cotton producer, the Chinese functions of PBIT as an Invest- Zones such as Quaid-e-Azam the biggest textile expos con- (NH&MP) Tuesday visited the investors expressed their deep ment Promotion Agency. Apparel Park. ducted in Shanghai. Punjab Safe Cities Authority desire to enter into joint ven- He stressed on two types of The representatives of Chi- CEO PBIT told them that (PSCA) here in order to acquaint tures with Pakistan for import- investments, one that is imme- nese companies said it was Minister for Industries, Com- themselves with the use of tech- ing high quality fabric to China diate by acquisition of potential their first visit to Pakistan for merce and Investment, Punjab nology for the purpose of effective that would help in improving points of existing textile indus- exploring trade and investment is interested in visiting China policing. bilateral trade and economic re- try and the other one of Green- opportunities. They stated that with delegates from our textile On the directions of Comman- lations between the two coun- field Investments. China has now globally estab- sector for further economic co- dant NH&MP Training College tries. He highlighted that the new lished itself as the finest textile operation. DIG Mehboob Aslam, a visit of 56 A Chinese delegation from government is highly interested producer. He proposed that a joint under-training CPOs was arranged China National Textile & Ap- in strengthening the economic The investors showed im- working group should be con- to the PSCA as part of their capac- parel Council (CNTAC) led by bond between the two countries mense interest in investing in stituted between PBIT and CEO Textile Mills Manage- in the light of CPEC and Pakistan as it is amongst the CNTAC to explore possibilities ity-building program. ment Shahid Nazir Masood and OBOR. He told the delegation largest cotton producers in the of promotion & cooperation be- PSCA Chief Operating Officer CEO of Shanghai Challenge that a team will be designated world and their high quality tween Punjab and China specif- Akbar Nasir Khan and Chief Textile Robert, visited Punjab from PBIT that will work with fabric can be exported to China ically in textiles. He also Admin Officer Muhammad Kam- Board of Investment and Trade. them in order to identify poten- thus enhancing the productivity proposed a meeting with the ran briefed the trainee officers The objective of the visit was tial opportunities in the specific and boosting trade relations be- said Ministerand signing of about the working of the Author- their keen interest in develop- sector. tween the two countries. Memorandum of Understand- ity in terms of integrated emer- ing business in Pakistan specif- He further said that the In- They requested that Chinese ing as a concrete step towards gency response system, intelligent ically in the textile sector for vestment Advisory Team of investors should be provided mutual efforts for augmenting traffic management, counter-ter- changing the economic land- PBIT will facilitate them re- with specific promotion incen- industrial relations. The Business | PAKISTAN STOCK EXCHAWednNesdayG, NoveEmber 140, 24018

Ittefaq Iron Industries Ltd.(XD 12.38 12.43 12.20 12.23 -0.22 Pakistan Petroleum Ltd. 175.10 179.00172.01 175.59 0.54 PSX100 Index Mughal Iron & Steels Ind Ltd. 50.80 52.00 49.20 51.25 0.28 OIL & GAS MARKETING COMPANIES Current 41152.28 FERTILIZER Attock Petroleum Ltd. 491.99 503.00487.00 498.67 3.21 High 41202.42 Arif Habib Corporation Ltd. 30.80 31.30 30.80 31.00 0.55 Burshane LPG (Pakistan) Ltd. 36.05 36.05 35.01 35.65 -0.87 Low 40760.59 Dawood Hercules Corp Ltd. 127.25 129.99126.00 129.46 0.75 Hascol Petroleum Ltd. 219.10 226.00215.25 219.00 -1.93 Engro Corporation Ltd. 335.00 338.00332.00 335.32 -1.04 Hi-Tech Lubricants Ltd. 73.25 73.80 72.85 73.01 -0.92 Change 55.95 Engro Fertilizers Ltd. 81.25 81.50 80.80 81.26 0.06 Pakistan State Oil Co Ltd. 270.25 273.88268.00 272.76 1.25 AUTOMOBILE ASSEMBLER Fatima Fertilizer Co Ltd. 35.30 35.60 35.21 35.50 -0.06 Shell Pakistan Ltd. 270.00 270.10259.17 267.00 -5.81 Smbol Open High Low Current Change Fauji Fertilizer Bin Qasim Ltd. 43.40 43.40 41.94 42.45 -0.84 Sui Northern Gas Pipe Line Ltd. 88.00 88.35 86.61 87.28 -1.12 Al-Ghazi Tractors Ltd. 550.00 557.90550.00 551.00 -1.25 Fauji Fertilizer Co. Ltd. 98.10 98.99 98.00 98.74 0.10 Sui Southern Gas Co Ltd. 25.85 26.20 25.70 26.14 0.31 Atlas Honda Ltd. 440.00 440.00440.00 440.00 -5.00 Dewan Farooque Motors Ltd 18.10 19.39 17.91 19.06 0.54 FOOD & PERSONAL CARE PRODUCTS PAPER & BOARD Ghandhara Industries Ltd. 350.01 350.01337.13 342.20 -12.18 Al-Shaheer Corporation. 27.30 28.00 26.35 27.50 0.43 Baluchistan Particle Board Ltd 3.00 3.68 3.00 3.68 0.08 Ghandhara Nissan Ltd. 119.11 121.00116.55 117.58 -5.10 At-Tahur Ltd. 21.76 22.09 21.75 21.93 -0.22 Century Paper & Board Mills. 59.85 60.00 59.85 60.00 0.00 Ghani Automobile Indu Ltd. 6.90 6.90 6.78 6.85 -0.05 Clover Pakistan Ltd. 169.99 174.90163.00 167.81 0.55 Cherat Packaging Ltd. 166.66 169.95165.49 168.52 -0.83 Hino Pak Motor Limeted. 784.00 784.00750.00 750.00 -10.00 Engro Foods Ltd. 83.05 83.50 82.20 82.84 -1.04 Merit Packaging Ltd. 21.10 22.00 20.90 21.28 -0.59 Honda Atlas Cars (Pak) Ltd. 244.00 245.01235.41 237.50 -10.29 Fauji Foods Ltd. 34.70 34.79 33.70 34.01 -0.14 Packages Ltd. 383.00 391.00383.00 388.88 13.61 Indus Motor Co Ltd. 1350.00 1384.991345.01 1376.50 1.70 Ismail Industries Ltd. 400.00 411.24400.00 411.24 19.58 Roshan Packages Ltd. 21.92 22.48 21.58 22.00 -0.24 Millat Tractor Ltd. 991.00 1010.00990.00 999.39 2.70 Matco Foods Ltd. 30.25 30.25 29.00 29.23 -0.80 Security Papers Ltd. 92.25 92.25 91.51 91.58 -0.42 Pak Suzuki Motors Co Ltd. 228.59 241.43225.00 234.70 4.76 Murree Brewery Co Ltd. 729.90 730.00720.00 729.99 5.01 Sazgar Engineering Works Ltd. 254.00 264.98252.30 260.88 0.80 National Foods Ltd. 210.95 211.00209.99 210.27 3.65 PHARMACEUTICALS Quice Food Industries Ltd. 4.57 4.64 4.50 4.53 -0.13 Abbot Laboratories Pak Ltd. 547.00 548.00545.00 545.00 -10.00 AUTOMOBILE PARTS & ACCESSORIES Shield Corporation Ltd. 253.00 253.00253.00 253.00 -3.25 AGP Ltd. 88.82 90.88 88.82 89.65 -1.37 Atlas Battery Ltd. 221.00 221.00220.00 220.50 -4.84 Treet Corporation Ltd. 25.75 27.39 25.70 27.39 1.30 Ferozsons Laboratories Ltd. 180.05 183.00178.00 182.26 0.06 General Tyre & Rubber Co. 98.98 98.98 95.50 96.57 -2.08 Treet Corporation Ltd.(PTCs) 6.90 7.30 6.90 7.30 0.25 Glaxo SmithKline HC Pak Ltd. 332.51 336.99332.01 333.11 -6.89 Loads Ltd. 24.60 25.60 24.60 25.46 0.35 ZIL Ltd. 83.00 83.00 83.00 83.00 0.03 Glaxo SmithKline Pakistan Ltd. 141.00 142.00139.00 140.42 -3.07 Thal Ltd. 433.44 435.00430.15 433.13 -1.81 Highnoon Laboratories Ltd. 335.00 337.50335.00 337.50 3.39 GLASS & CERAMICS IBL HealthCare Ltd. 52.65 54.98 51.92 53.09 -1.56 CABLE & ELECTRICAL GOODS Baluchistan Glass Ltd. 9.35 9.35 8.40 8.78 -0.53 Macter International Ltd. 142.21 149.00142.21 145.61 -4.08 Johnson & Philips (Pak) Ltd. 69.50 69.50 63.50 64.35 -2.32 Frontier Ceramics Ltd. 18.26 18.26 18.25 18.25 -1.00 Otsuka Pakistan Ltd. 241.00 256.50241.00 256.50 2.93 Pak Elektron Ltd. 30.75 31.40 30.23 31.12 0.31 Ghani Glass Ltd.(XR) 55.00 56.25 55.00 56.03 0.37 The Searle Co Ltd. 318.00 318.00305.72 311.31 -3.20 Pakistan Cables Ltd. 171.26 176.50171.00 173.75 -6.21 Ghani Global Glass Ltd. 9.55 9.69 9.42 9.58 -0.03 Wyeth Pakistan Ltd. 1200.00 1215.001200.00 1210.00 10.00 Siemens (Pak) Eng. Co. Ltd. 960.00 970.00960.00 965.51 -8.70 Ghani Value Glass Ltd. 34.99 34.99 33.00 33.06 -0.98 The Climax Eng Co. Ltd. 100.00 100.00100.00 100.00 0.00 Shabbir Tiles and Ceramics Ltd. 18.66 19.00 18.60 18.77 -0.14 POWER GENERATION & DISTRIBUTION WAVES Singer Pakistan Ltd. 29.06 30.10 28.75 29.88 0.52 Tariq Glass. 90.00 91.00 88.50 90.71 0.31 Altern Energy Ltd. 37.00 37.00 36.15 36.15 -1.85 Engro Powergen Qadirpur Ltd. 30.50 31.50 30.10 30.53 -0.27 CEMENT INSURANCE Hub Power Co Ltd. 93.50 93.50 89.20 92.62 -0.41 Attock Cement Pak Ltd. 125.10 126.00123.00 125.44 -0.34 Adamjee Insurance Co. Ltd. 44.60 45.10 44.60 44.99 0.01 K-Electric Ltd. 6.02 6.02 5.90 5.94 -0.08 Bestway Cement Ltd. 122.50 122.99121.50 121.50 -1.50 Askari Gen Insurance Co. 26.99 27.00 26.99 27.00 0.51 Kohinoor Energy Ltd. 37.95 38.00 37.95 38.00 0.00 Cherat Cement Co. Ltd. 73.00 73.00 70.75 72.22 -0.77 Askari Life Assurance Co Ltd. 14.20 14.20 13.60 13.60 -1.00 Kohinoor Power Co Ltd. 3.05 3.05 2.67 2.94 -0.24 D. G. Khan Cement Co. Ltd. 104.60 106.50102.01 105.55 -0.03 Askari Life Assurance Co Ltd 2.44 2.75 2.44 2.44 -1.00 Kot Addu Power Co. 52.74 53.26 52.70 52.91 -0.06 Dandot Cement Co. Ltd. 13.50 13.50 13.50 13.50 0.25 Century Insurance Co.Ltd. 20.51 20.51 20.51 20.51 -0.96 LALPIR Power Ltd. 15.35 15.80 15.31 15.73 -0.11 Dewan Cement Ltd. 15.38 15.43 14.90 15.21 -0.22 Cresent Star Insurance Ltd. 2.21 2.25 2.06 2.18 -0.03 Nishat Chunian Power Ltd. 25.89 25.90 25.50 25.80 -0.09 Fauji Cement Co Ltd. 25.00 25.55 24.81 25.40 0.23 E. F. U. Gen Insurance Ltd. 106.00 111.30106.00 108.56 2.56 Nishat Power Ltd. 29.25 29.25 28.10 28.52 -0.48 Fecto Cement Ltd. 38.10 38.45 38.01 38.19 -0.41 EFU Life Assurance Ltd. 196.00 200.00195.60 200.00 0.18 Pakgen Power Ltd. 16.49 16.94 16.45 16.45 0.20 Flying Cement Co Ltd. 16.00 16.71 16.00 16.15 -0.65 Habib Insurance Co Ltd. 11.40 11.40 11.40 11.40 -0.35 Saif Power Ltd. 26.50 26.50 25.25 26.24 0.08 Gharibwal Cement Ltd. 18.50 18.92 18.50 18.89 0.14 IGI Holdings Ltd. 227.00 229.61227.00 229.61 0.00 Sitara Enengy Ltd. 22.94 22.94 22.94 22.94 -1.20 Javedan Corporation Ltd. 33.51 35.00 33.51 34.96 -0.04 Jubilee General Insu Co.Ltd. 65.55 65.55 65.01 65.06 -2.94 Tri -Star Power Ltd. 4.15 4.45 4.06 4.35 0.34 Kohat Cement Co. Ltd. 99.90 99.90 97.00 98.46 -1.47 Jubliee Life Insurance Co Ltd. 588.10 588.10588.10 588.10 -30.90 Lucky Cement Ltd. 469.01 474.40457.50 468.81 -1.15 Pakistan General Insurance Co. 3.60 3.60 3.60 3.60 0.10 REFINERY Maple Leaf Cement Factory Ltd. 48.63 51.20 48.30 50.60 0.62 Pakistan Reinsurance Comp. 31.85 33.00 31.85 32.37 -0.13 Attock Refinery Ltd. 216.50 224.38213.75 222.79 7.30 Pioneer Cement Ltd. 48.51 48.70 47.30 48.16 -0.77 PICIC Insurance Ltd.(XR) 1.85 1.98 1.85 1.93 0.02 BYCO Petroleum Pak Ltd. 11.56 11.67 11.35 11.50 -0.07 Power cement Ltd 8.06 8.31 8.03 8.10 -0.07 Premier Insurance Ltd. 6.00 6.17 6.00 6.00 -0.17 National Refinary Ltd. 282.00 294.65276.00 294.65 14.03 Safe Mix Concrete Ltd. 8.20 8.30 8.11 8.29 0.01 Reliance Insurance. 7.35 7.60 7.30 7.33 0.03 Pakistan Refinery Ltd. 30.50 31.40 30.40 31.34 1.03 Thatta Cement Co Ltd. 15.23 15.50 15.20 15.33 -0.08 Shaheen Insurance Co Ltd. 4.90 4.99 4.90 4.95 0.05 United Insurance Co. 10.35 10.35 10.35 10.35 0.22 SUGAR & ALLIED INDUSTRIES CHEMICAL Universal Insurance Co Ltd. 6.30 6.39 6.30 6.39 0.39 Adam Sugar Mills Ltd. 29.05 30.70 29.00 30.17 0.11 Agritech Ltd 6.10 6.19 6.02 6.13 -0.01 Al-Abbas Sugar Mills Ltd. 190.00 194.50190.00 194.50 0.00 Akzo Nobel Pakistan Ltd. 150.01 152.00149.00 149.45 -1.05 INV. BANKS / INV. COS. / SECURITIES COS. Ansari Sugar Mills Ltd. 13.00 13.00 13.00 13.00 0.25 Archroma Pakistan Ltd. 523.90 531.00523.90 528.02 0.33 786 Investments Ltd 20.65 20.65 20.31 20.50 0.02 Habib-ADM Ltd. 49.00 49.00 48.66 48.75 -2.25 Berger Paints Pakistan Ltd. 82.80 82.80 82.80 82.80 1.79 Apna Microfinance Bank Ltd. 5.00 5.01 5.00 5.01 -0.42 Haseeb Waqas Sugar Mills Limit 4.71 4.99 4.71 4.93 0.05 Bifo Industries Ltd. 233.02 241.00233.00 241.00 2.96 Arif Habib Ltd. 45.15 45.20 45.00 45.20 0.20 Husein Sugar Mills Ltd. 22.10 22.10 22.00 22.00 -0.80 Data Agro Ltd 12.70 12.70 12.62 12.66 -0.40 Cyan Ltd. 41.50 41.50 40.25 40.33 -0.66 Imperial Sugar Ltd. 24.20 24.25 23.00 23.00 -0.15 Descon Oxychem Ltd.. 38.00 38.10 36.90 37.28 -0.98 Dawood Equities Ltd. 3.40 3.40 3.30 3.30 -0.32 J. D. W. Sugar Mills Ltd. 274.45 288.85274.45 288.85 -0.04 DYNEA Pak 94.50 95.98 93.10 93.89 -2.17 Escorts Investment Bank Ltd. 21.10 22.57 20.45 22.09 0.57 Jauharabad Sugar Mills Ltd 42.30 42.30 42.30 42.30 -2.20 Engro Polymer & Ch Ltd. 38.10 38.70 37.42 38.49 0.27 First Capital Sec.Corp. Ltd. 2.13 2.13 2.03 2.05 -0.08 Noon Sugar Mills Ltd. 60.00 60.00 57.50 59.00 -1.00 Ghani Gases Ltd. 13.01 13.10 12.93 13.08 -0.02 First Credit & Invest Bank Ltd. 4.70 4.81 4.70 4.80 0.04 Sakrand Sugar Mills Ltd. 17.89 18.00 17.40 17.70 -0.30 ICI Pakistan Ltd. 620.01 648.00620.00 644.00 14.00 First Dawood Invest Bank Ltd. 2.34 2.34 2.20 2.22 -0.03 Sanghar Sugar Mills Ltd. 23.56 24.49 23.56 24.18 -0.61 Ittehad Chemical Ltd. 27.60 27.95 27.50 27.67 -0.30 First National Equities Ltd. 6.00 6.21 6.00 6.21 0.21 Shahtaj Suger Mills Ltd. 74.59 74.59 69.34 69.34 -3.64 Leiner Pak Gelantine Ltd. 14.45 14.45 14.45 14.45 -0.92 Invest Capital Invest Bank Ltd. 1.35 1.49 1.35 1.49 0.09 Thal Industries Corporation Ltd. 210.00 210.00200.00 200.00 0.00 Lotte Chemical Pakistan Ltd. 18.24 19.10 17.87 19.10 1.00 Jahangir Siddiqui & Co Ltd. 14.40 14.70 14.40 14.62 0.10 Nimir Industrial Chemical Ltd. 0.00 63.00 63.00 63.00 0.00 JS Global Capital Ltd. 26.00 26.00 26.00 26.00 -0.26 SYNTHETIC & RAYON Nimir Resins Ltd. 8.50 8.94 8.39 8.63 0.19 MCB-Arif Habib S& I Ltd 22.05 22.50 22.02 22.50 -0.56 Gatron (Industries) Ltd. 327.99 335.70325.00 335.70 15.98 Pakistan Oxygen Ltd. 207.05 214.97207.05 211.56 -4.94 Pakistan Stock Exchange Ltd. 17.01 17.55 16.91 17.35 0.25 Ibrahim Fibre Ltd. 58.55 58.55 58.00 58.00 -1.00 Sardar Chemical IndustriesLtd. 16.94 16.96 16.07 16.16 0.20 Pervez Ahmed Securities Ltd. 1.02 1.02 0.98 0.98 -0.02 Pakistan Synthentics Ltd. 23.01 25.18 23.01 25.18 1.18 Sitara Peroxide Ltd 40.70 40.94 38.26 38.26 -2.01 Trust Investment Bank Ltd. 1.58 1.68 1.53 1.64 0.11 Rupali Polyester Ltd. 29.00 29.75 28.88 29.50 0.62 Tri-Star Polyester Ltd. 16.02 16.20 16.00 16.03 -0.27 CLOSE - END MUTUAL FUND LEASING COMPANIES Golden Arrow. 8.04 8.04 7.91 7.99 -0.09 Orix Leasing Pakistan Ltd. 29.40 29.40 29.21 29.39 0.02 TECHNOLOGY & COMMUNICATION HBL Growth Fund 12.50 12.50 12.50 12.50 0.01 Security Leasing Corp. 9.50 9.50 9.00 9.27 -0.15 Avanceon Ltd. 88.02 91.99 88.02 91.42 2.00 HBL Investment Fund 4.78 4.78 4.54 4.54 -0.46 Hum Network Ltd. 5.97 5.97 5.90 5.95 0.00 LEATHER & TANNERIES Media Times Ltd. 1.20 1.20 1.16 1.17 -0.04 COMMERCIAL BANKS Bata Pakistan Ltd. 1690.01 1695.011690.00 1695.00 0.00 NetSol Technologies Ltd. 100.52 107.49100.31 102.98 -2.60 Allied Bank Ltd. 0.00 106.05106.05 106.05 0.00 Leather Up Ltd. 11.60 11.80 11.60 11.80 -0.60 Pak Datacom Ltd. 50.55 53.75 50.55 52.40 0.17 Askari Bank Ltd. 25.80 25.99 25.03 25.74 0.38 Pakistan Telecommunication Co. 11.30 11.50 11.20 11.45 0.07 Bank Al-Habib Ltd. 74.20 74.95 73.50 74.02 -0.88 MISCELLANEOUS Telecard Ltd. 1.76 1.82 1.71 1.81 0.05 Bank Alfalah Ltd. 50.01 51.45 50.01 51.00 0.42 AKD Capital Ltd. 121.60 131.90121.60 126.75 -1.25 TPL CORP Ltd. 6.08 6.30 6.01 6.28 0.15 Bank Of Punjab. 13.06 13.35 12.84 13.18 0.08 ECOPAK Ltd. 17.01 18.00 17.00 17.70 0.28 TPL CORP Ltd.(R) 0.05 0.06 0.01 0.04 0.00 Bankislami Pakistan Ltd. 14.00 14.00 14.00 14.00 0.10 Gammon Pak. 10.90 11.00 10.90 11.00 0.69 TRG Pakistan Ltd. 30.87 32.32 30.20 31.95 0.78 Faysal Bank Ltd. 24.49 24.96 24.05 24.67 0.15 MACPAC Films Ltd. 24.01 24.01 24.01 24.01 -0.30 Worldcall Telecom Ltd. 1.85 1.88 1.83 1.84 -0.03 Habib Bank Ltd. 138.00 139.00136.30 138.23 0.32 Olympia Mills Ltd. 9.05 9.79 8.50 9.30 0.40 Habib Metropolitn Bank Ltd. 42.99 43.00 42.99 43.00 0.20 Pace (Pakistan) Ltd. 2.65 2.65 2.51 2.62 0.03 TEXTILE COMPOSITE JS Bank Ltd. 6.76 7.10 6.75 7.10 -0.02 Siddiqsons Tin Plate Ltd. 19.13 19.45 18.52 18.99 0.15 Artistic Denim Mills Ltd. 63.00 63.00 63.00 63.00 -0.01 MCB Bank Ltd. 197.99 200.50196.20 199.84 3.73 Synthetic Products Enterp Ltd. 32.51 32.51 32.50 32.50 -0.98 Azgard Nine Ltd 12.78 13.40 12.66 13.23 0.53 Meezan Bank Ltd. 95.95 95.95 93.75 93.99 -1.41 TPL Properties Ltd. 8.61 8.61 8.60 8.61 -0.12 Bhanero Textile Mills Ltd. 899.99 899.99899.99 899.99 17.99 National Bank Of Pakistan. 48.60 48.89 48.50 48.76 0.04 Tri-Pack Films Ltd. 124.01 124.99120.00 123.98 -1.02 Crescent Textile Mills Ltd. 30.00 31.00 30.00 30.90 0.07 Samba Bank Ltd. 8.00 8.00 8.00 8.00 -0.67 United Brands Ltd. 34.00 34.00 34.00 34.00 -1.00 Feroze1888 Mills Ltd. 68.49 68.49 66.01 67.64 0.05 Silk Bank Ltd. 1.20 1.21 1.15 1.20 0.00 United Distributors Pakistan. 45.80 45.80 45.80 45.80 0.13 Ghazi Fabrics International Ltd. 4.30 4.70 4.30 4.70 0.59 Soneri Bank Ltd. 12.30 12.50 12.30 12.50 -0.01 Gul Ahmed Textile Mills Ltd. 52.85 52.85 51.70 51.86 -0.72 Summit Bank Ltd. 1.02 1.03 1.01 1.03 -0.03 MODARABAS Hala Enterprises Ltd 11.50 11.89 11.25 11.79 0.90 The Bank of Khyber. 12.50 12.62 12.49 12.55 -0.09 First Elite Capital Mod. 2.67 2.69 2.65 2.69 0.09 Jubilee Spinning & Weaving Mil 4.46 4.60 4.40 4.40 -0.06 United Bank Ltd. 137.95 138.50134.21 137.09 0.04 First Habib Mod. 10.02 10.02 10.01 10.01 0.00 Kohinoor Industries Ltd. 5.56 5.89 5.45 5.55 -0.31 First National Bank Modaraba. 2.00 2.00 2.00 2.00 -0.05 Kohinoor Mills Ltd. 30.27 30.31 30.27 30.31 1.44 First Paramount Mod. 6.30 6.30 6.30 6.30 0.60 ENGINEERING Kohinoor Textile Mills Ltd. 53.80 56.00 53.70 55.76 1.66 First Prudential Mod. 1.55 1.55 1.40 1.45 0.02 Ados Pakistan Ltd. 34.30 37.69 34.30 37.69 1.69 Masood Textile Mills Ltd. 0.00 87.40 87.40 87.40 0.00 First UDL Mod. 0.00 14.00 14.00 14.00 0.00 Aisha Steel Mills Ltd. 11.41 11.50 11.20 11.43 -0.08 Nishat (Chunia) Ltd. 62.34 63.09 61.80 62.55 0.64 Habib Metro Modaraba. 10.05 10.05 10.05 10.05 0.00 Amreli Steels Ltd. 65.00 66.40 64.50 65.37 -0.40 Nishat Mills Ltd. 153.97 157.98152.89 153.73 1.04 Modarba Al-Mali. 4.10 4.10 4.10 4.10 -0.30 Bolan Casting Ltd. 88.20 89.00 87.50 87.88 -2.41 Redco Textile Ltd. 2.97 2.99 2.90 2.94 0.25 Orix Modaraba. 17.00 17.02 17.00 17.02 -0.03 Crescent Steel & Allied Product. 54.50 56.11 52.65 55.61 1.04 Reliance Weaving Mills Ltd. 36.88 36.88 36.88 36.88 0.84 Unicap Modaraba. 0.00 1.05 1.05 1.05 0.00 Dost Steels Ltd. 6.05 6.29 6.05 6.14 -0.03 Safa Textiles Ltd. 18.95 18.95 18.95 18.95 0.60 Drekkar Kingsway Ltd. 4.38 4.39 4.30 4.30 0.14 Sapphire Fibres Mills Ltd. 0.00 780.00780.00 780.00 0.00 Huffaz Seamless Pipe Industrie. 28.97 29.00 28.97 29.00 1.00 OIL & GAS EXPLORATION COMPANIES Towellers Ltd. 68.50 68.50 68.50 68.50 0.00 International Industries Ltd. 173.99 173.99172.65 173.23 -1.36 Mari Petroleum Co Ltd. 1400.00 1419.991380.00 1401.12 -0.61 Zahidjee Textile Mills Ltd. 15.50 16.00 15.50 16.00 0.00 International Steels Ltd. 87.20 87.50 85.01 87.19 -0.66 Oil & Gas Development Co Ltd. 152.02 152.44151.13 152.02 0.00 Pakistan Oilfields Ltd. 531.10 533.02529.79 531.80 0.41 More rates on page 6 The Business Stock & Currency | 05 Wednesday, November 14, 2018

TEXTILE SPINNING TRANSPORT FFC-NOV 98.41 98.41 98.41 98.41 -0.88 Pak Int’l Airline Corp Ltd 7.10 7.19 6.79 6.82 -0.04 FFL-NOV 34.74 34.89 33.81 34.19 -0.06 Amtex Ltd. 1.44 1.55 1.40 1.47 -0.05 Pakistan Int.Container Terminal. 237.56 243.93233.76 240.00 2.44 FABL-NOV 0.00 24.69 24.69 24.69 0.00 Asim Textile Mills Ltd. 11.10 11.20 10.72 11.12 0.10 Pakistan Intl. Bulk Terminal Ltd. 12.35 12.69 11.92 12.41 0.17 GATM-NOV 53.00 53.00 51.80 52.06 -0.75 Bilal Fibres Ltd. 2.56 2.75 2.56 2.74 0.08 Pakistan National Shipping Co. 63.03 64.00 63.03 63.27 0.24 HBL-NOV 138.00 139.10137.00 139.02 0.29 Chakwal Spinning Mills Ltd. 2.40 2.74 2.35 2.44 -0.02 HUBC-NOV 93.41 93.80 93.11 93.64 -1.00 Colony Textile Mills Ltd. 3.85 4.20 3.85 4.12 0.06 VANASPATI & ALLIED INDUSTRIES ISL-NOV 87.40 88.00 85.75 87.69 -0.67 Crescent Fibres Ltd. 35.50 35.60 35.50 35.60 1.61 Punjab Oil Mills Ltd. 211.00 211.00211.00 211.00 9.88 KEL-NOV 6.01 6.02 5.94 5.98 -0.07 D. S. Industries Ltd. 3.51 3.60 3.35 3.41 -0.21 Unity Foods Ltd. 33.11 33.11 32.05 32.26 -0.87 KAPCO-NOV 53.35 53.35 53.10 53.10 -0.48 Dewan Farooque SP Mills Ltd. 2.61 2.68 2.60 2.61 0.00 LOTCHEM-NOV 18.20 19.18 17.90 19.18 1.00 Fazal Cloth Mills Ltd. 157.00 157.25157.00 157.13 -7.93 WOOLLEN LUCK-NOV 464.50 476.50459.50 472.52 0.44 Gadoon Textile Mills Ltd. 309.99 310.00302.00 302.50 -3.50 Bannu Woollen Mills Ltd. 46.79 47.55 46.30 47.25 0.65 MLCF-NOV 49.01 51.25 48.60 50.53 0.10 Hira Textile Mills Ltd. 5.60 5.65 5.60 5.65 -0.04 MCB-NOVB 198.00 198.00198.00 198.00 1.50 Indus Dyeing & Manufacturing. 458.01 499.90458.01 478.96 -2.29 REAL ESTATE INVESTMENT TRUST NBP-NOV 48.85 49.10 48.80 49.03 0.01 Island Textile Mills Ltd. 1679.00 1780.001679.00 1771.00 56.00 Dolmen City REIT. 12.20 12.22 12.05 12.05 -0.11 NCL-NOV 62.75 63.40 62.30 62.83 0.49 J. A. Textile Mills Ltd. 5.27 5.27 5.27 5.27 -0.83 NML-NOV 153.05 155.00153.00 154.62 1.70 Janana De Malucha Tex Mills. 65.00 65.00 65.00 65.00 -3.40 FUTURE CONTRACTS OGDC-NOV 152.00 153.04151.81 152.48 -0.17 Kohinoor Spinning Mills Ltd. 2.97 3.10 2.96 3.03 0.00 AICL-NOV 44.51 45.40 44.51 44.96 -0.34 PAEL-NOV 31.00 31.47 30.43 31.27 0.31 Nazir Cotton Mills Ltd. 2.55 2.65 2.49 2.49 -0.06 ASL-NOV 11.50 11.55 11.29 11.48 -0.08 PIBTL-NOV 12.40 12.73 12.22 12.47 0.16 Premium Textile Mills Ltd. 242.00 242.00242.00 242.00 -1.67 AKBL-NOV 25.40 26.50 25.40 25.96 0.25 POL-NOV 534.00 534.00533.00 533.00 -0.72 Ruby Textile Mills Ltd. 6.16 6.20 6.16 6.20 -0.40 ATRL-NOV 215.60 224.00213.31 222.36 7.40 PPL-NOV 175.00 177.00175.00 176.56 1.11 Saif Textile Mills Ltd. 19.70 20.00 19.70 20.00 0.06 BAFL-NOV 50.01 51.30 50.01 50.66 -0.28 PRL-NOV 30.55 31.58 29.25 31.49 0.94 Sajjad Textile Mills Ltd. 3.01 3.01 3.00 3.01 -0.20 BOP-NOV 13.01 13.40 12.85 13.21 0.07 PSO-NOV 272.99 274.99270.00 274.07 0.97 Salman Noman Enterprises Ltd. 3.15 3.30 3.15 3.30 0.29 BYCO-NOV 11.60 11.75 11.45 11.56 -0.08 PTC-NOV 11.32 11.50 11.32 11.48 0.05 Service Textile Mills Ltd. 14.25 14.85 14.18 14.85 -0.33 CHCC-NOV 73.00 74.49 71.00 73.06 -0.10 PIOC-NOV 48.36 48.68 47.31 48.33 -0.38 Tata Textile Mills Ltd. 51.00 51.51 49.70 51.25 0.06 DGKC-NOV 105.00 106.90102.60 105.97 -0.31 POWER-NOV 8.20 8.27 8.10 8.13 -0.10 DOL-NOV 38.25 38.25 37.11 37.54 -0.97 STCL-NOV 19.00 19.12 18.80 18.86 -0.14 TEXTILE WEAVING ENGRO-NOV 330.00 330.75326.55 330.34 -0.52 STPL-NOV 18.86 19.48 18.62 19.21 0.25 Service Fabrics Ltd. 3.20 3.20 3.20 3.20 0.00 EFERT-NOV 77.75 78.10 77.10 77.66 -0.36 SNGP-NOV 88.50 88.57 87.35 87.97 -0.87 Yousuf Weaving Mills Ltd. 3.63 3.75 3.60 3.62 -0.17 EFOODS-NOV 85.85 86.99 81.50 83.10 -0.95 SSGC-NOV 26.10 26.30 25.85 26.24 0.23 EPCL-NOV 38.14 38.90 37.50 38.74 0.39 SEARL-NOV 270.00 271.50263.00 268.22 -3.18 TOBACCO FATIMA-NOV 36.00 36.00 36.00 36.00 0.40 TRG-NOV 30.97 32.52 30.30 32.11 0.83 Khyber Tobacco Co. Ltd. 464.28 500.00464.28 465.65 -23.06 FCCL-NOV 25.09 25.61 24.90 25.50 0.25 UBL-NOV 134.99 138.50134.99 137.93 0.36 Pakistan Tobacco Co Ltd. 2344.74 2344.742344.74 2344.74 49.80 FFBL-NOV 43.59 43.59 42.30 42.55 -1.16 UNITY-NOV 32.71 33.00 32.25 32.51 -0.77 Bullion rates Shipping activity at Port Qasim Foreign Currency KARACHI (APP): Following were the Bullion Prices in KARACHI(APP):Two ships, age of Port Qasim during last 24 imports, comprising 46,185 tonnes Karachi and Hyderabad on Tuesday. Medi Masura and Sheila carrying hours. liquid cargo and 15,058 tonnes dry KARACHI A(APcP)c: ount Scheme 18,435 tonnes Canola seeds and A total of seven ships are cur- cargo was handled at the Port. KARACHI: (per 10 gram) 56,426 tonnes Coal were allotted rently occupying PQA berths to Six ships, APL Miami, MSC Gold Tezabi 24-CT Rs 51826.00 berths at Grain & Fertilizer Termi- load/offload Containers, Coal, Heidi, Maersk Kensington, Trinity Silver Tezabi Rs 703.00 nal and Pakistan International Canola seeds, Chemicals, General and Swiney Glory carrying Con- The Foreign Exchange Rates Commit- Bulk Terminal respectively on cargo, LPG, Palm oil and Diesel tainers, LNG and Coal are ex- MULTAN: (per 10 gram) tee of Financial Market Association of Pakistan issued the Gold Tezabi 24-CT Rs 50150.00 Monday. oil respectively. Out of seven, two pected to take berths at QICT, following Base Rate, here on Tuesday. Gold 22-CT Rs 47850.00 Meanwhile four more ships, ships namely, New Legend and PGPCL and PQEPT respectively FOREIGN CURRENCY ACCOUNTS SCHEME -- RATES Silver Tezabi Rs 703.00 MSC Heidi, APL Miami, IVS YM Miranda are expected to sail on Tuesday, while another contain- U.S. DOLLBAARYS B I D V A L U E M 1A3X-1IM1-U1M8 R A TES Silver Thobi Rs 643.00 Swinley Forest and Trinity Glory on today in the afternoon. ers ship Northern Dedication is FOR PAYMENT OF INTEREST BY carrying Containers, Coal and Cargo handling remained at the due to arrive at Port Qasim on ETHERIZED DEALERS R A T E S HYDERABAD (per 10 gram) LNG also arrived at outer anchor- Port at 61,243 tonnes exclusive Wednesday. Gold-Tezabi-24-ct Rs.52040/10 Gold-Tezabi 22-ct Rs.47700/10 EXCHANGE RATES FOR CURRENCY NOTES For 3 months Silver-Tezabi Rs.700/10 and over but SELLING BUYING Note: Bullion rates from Multan and Lahore were not re- less than 6 months 2.3646% PA 3.1146% PA ceived Tuesday. Rate % p.a. For 6 months and over but less than 12 Months 2.6076% PA 3.3576% PA INTEREST RATES ON OLD & INCREMENTAL F.C.Y DE OSITS For 12 months 2.8908% PA 3.7658% PA Spot rates of cotton U.S.A 135.14 131.99 For 2 Years 2.8908% PA 4.2658% PA POUND STERLING 13-11-18 KARACHI (APP):Karachi Cotton Association (KCA) on S.ARABIA 35.78 34.46 USD 0.1000 For 3 Years 2.8908% PA 4.5158% PA For 4 years 2.8908% PA 4.7658% PA Monday announced the following KCA Spot Rates for local U.K 174.48 170.42 3G0B PD AYS 60 DAYS 90 DAY S 120 DAYS 1 50 DA YS 1800 .D1A0Y0S0 For 5 years 2.8908% PA 4.8908% PA dealing in Pak rupees for base grade 3 (three) staple length JAPAN 1.1859 1.1576 JPY 0.0000 1-1/16" Micronaire value between 3.8 and 4.9 NCL. EURO 153.28 148.75 U.A.E 36.L8I8B O R VA33L.U8E2 Rate Ex-Gin Up-country Spot Rates BILL BUYING RATES PER UNIT OF CURRENCY for Price Expenses Ex-Karachi For 3 months and 37.324 kgs 8,900 160 9,060 LIBOR FOR CALCULATING INTEREST ON SPECIAL US over but less than DOLLAR BONDS USD L/C 132.80 131.96 131.09 131.39 130.82 128.34 6 months 0.1083% PA 0.8583% PA Equivalent GBP L/C 171.60 170.78 169.91 169.59 168.88 167.32 For 6 months and 40 kgs 9,538 171 9,709 6 Mths US Dollar 2.85538 13-11-2018 EUR L/C 149.94 149.36 148.78 148.02 147.40 147.04 over but less than 12 months 0.0797% PA 0.8297% PA For 12 Months -0.0284% PA 0.8466% PA Foreign exchange rates For 2 Years -0.0284% PA 1.3466% PA KARACHI (APP): FEoUrR 3O Y e a r s 1 3 - 1 -10-.01288 4 % PA 1.5966% PA For 4 years -0.0284% PA 1.8466% PA For 5 years -0.0284% PA 1.9716% PA

The Exchange Rates Committee of For 3 months and Financial Markets Association of Pakistan issued the LIBOR VALUE over but less than following exchange rates bulletin, here on Tuesday.. 6 months 0.1089% PA 0.8589% PA LIBOR FOR CALCULATING INTEREST ON SPECIAL For 6 months and US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & over but less than 21.07.98 & 04.08.98 RESPECTIVELY. 12 months 0.0761% PA 0.8261% PA For 12 Months -0.0256% PA 0.8494% PA 6 MONTHS USDOLLAR 2.8576 13.11.2018 For 2 Years -0.0256% PA 1.3494% PA CONVERSION RATES FOR 13TH NOVEMBER 2018 FOR FJAoPr A3N YEeSarEs Y E N - 01.032-1516-%18 P A 1.5994% PA FOREIGN CURRENCY FOR FORWARD COVER FOR For 4 years -0.0256% PA 1.8494% PA DEPOSITS (EXCLUDING FE-25 DEPOSITS) For 5 years -0.0256% PA 1.9744% PA SBP SETTLEMENT VALUE DATE NOVEMBER 15, 2018. ISLAMABAD: A vendor has covered the traditional trays (chaba) with a plastic sheet to protect them from getting USD 133.9205 wet during rainy weather.—Online GBP 172.0878 For 3 months and EUR 150.7275 over but less than JPY 1.1757 Currency rates of NBP 6 months -0.1467% PA 0.6033% PA KPT shipping intelligence report KARACHI (APP): Following are the selling/buying rates For 6 months and KARACHI (APP):The Karachi Port Trust (KPT) issued the following Cosco Hong Kong Cosco 16/11/18 Not Sched 1000 Cnt. 1000 Cnt. of major currencies issued by the National Bank of Pakistan over but less than shipping report for the last 24 hours, ending 0700 hours on Tuesday. Xin FU Zou COSCO 19/11/18 Not Sched 800 Cnt. 800 Cnt. (NBP), here on Tuesday. 12 months -0.2410% PA 0.5090% PA ALONG SIDE (Bulk Oil Pier) NBP For 12 Months -0.1282% PA 0.7468% PA OP-I Quetta D. Crude Oil PNSC 12/11/18 CONTAINER (GEARED) U.S.A 135.14/ 131.99 For 2 Years -0.1282% PA 1.2468% PA For 3 Years -0.1282% PA 1.4968% PA OP-II High Strenght D. Mogas GAC 13/11/18 Wehr Schulau Golden 14/11/18 Not Sched 414 Cnt. Nil S.ARABIA 35.78/ 34.46 U.K 174.48/ 170.42 For 4 Years -0.1282% PA 1.7468% PA OP-III Gulf AdventureD. Chemical Transtrade 12/11/18 For 5N yeaBrs P E -0x.12c82h%a PAn g e 1R.871a8%t ePAs JAPAN 1.1859/ 1.1576 KARACHI (APP): GENERAL CARGO: EURO 153.24/ 149.68 ALONG SIDE (East Wharves): Itami GAC 15/11/18 Not Sched 1,404 G.C Nil U.A.E 36.88/ 33.82 2/3 Liberty Peace D. Vehicles AL Hamd 13/11/18 Rickmers Antwerp Delta 15/11/18 Not Sched 42 G.C Nil Selling Buying Buying 10/11 AP Astarea D. Dap Bulk-Sh. 09/11/18 Opening rates of FC in TTTre a&s uOryD M a n a TgeTm Celneta Dn iv isOioDn/ To.fC NHaQ- 11/12 Ras Ghumaya-I D. Dap WMA Shipcare 11/11/18 CLINKER: tional Bank of Pakistan (NBP) on Tuesday issued the fol- lowing exchange rates. 12/13 Worldera-II L. Clinkers Crystal Sea 11/11/18 Jahan Moni Bulk-Sh. 16/11/18 Not Sched Nil 50,000 kerb currency market 14/15 MDM Bromo D. DAP Bulk-Sh. 06/11/18 KARACHI (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan 15/16 Star Sophia D. Meal Alpine 14/10/18 OIL TANKER: (FAP), here on Tuesday. Lilac Victoria Alpine 13/11/18 Not Sched 50,000 Mogas Nil F.C. Low Rate High Rate U.S $ (Inter Bank) 134.00 134.10 U .S.A 133.10 132.90 132.63 ALONG SIDE(P.I.C.T): U.S $ (Cash Free Market) 133.80 134.20 U.K 174.03 173.77 173.41 SHIPS OFF PORT: SAUDIA RIYAL 35.60 36.20 EURO 151.31 151.09 150.78 Berth Vacant... UAE DIRHAM 36.50 37.10 Vessel Name Type Agent expected Berth No. Arrival Date Arrival CANADA 100.94 100.79 100.53 EURO 150.50 152.50 SWITZERLAND 132.21 132.02 131.67 Time Remarks UK POUND 172.20 174.30 ALONG SIDE(PDWCP): JAPANI YEN 1.16662 1.18662 AUSTRALIA 96.37 96.23 95.97 Altonia Container Ships Golden 12/13 12/11/18 23:30 - SAPT-4 Ningbo Express D. L. Cnt. United Arab 12/11/18 CHF 131.75 132.75 SWEDEN 14.83 14.81 14.77 Han De General Cargo Sea Hawks -- 29/10/18 18:40 1 DKK 20.02 20.12 JAPAN 1.1691 1.1673 1.1642 SAPT-4 Hyundai Loyalty D. L. Cnt. U. M. A 12/11/18 NOK 15.60 15.70 NORWAY 15.87 15.85 15.81 Global Striker General Cargo GAC 1/2 13/11/18 05:00 - SEK 14.53 14.63 SINGAPORE 96.67 96.52 96.27 BW Ciyde Oil Tanker Alpine OP-I 05/11/18 15:00 - AUD $ 95.68 96.68 ALONG SIDE(West Wharves): CAD $ 100.75 102.25 DENMARK 20.26 20.23 20.18 Chrisopigi Lady Oil Tanker Alpine -- 07/11/18 21:36 - SGD $ 96.15 97.15 25 Sun Ploeg D. Base Oil East Wind 13/11/18 SAUDI ARABIA 35.48 35.43 35.34 Summit Africa Oil Tanker GAC -- 10/10/18 22:24 - HK $ 16.94 17.44 HONG KONG 17.12 17.11 17.06 KWD 438.26 438.36 Daeho Sunshine Oil Tanker East Wind -- 11/11/18 19:15 2 QTR RIYAL Nil Nil CHINA 19.23 19.20 19.15 ALONG SIDE (K.I.C.T): Rose M Oil Tanker Alpine -- 13/11/18 01:00 3 OMANI RIYAL 346.71 347.21 KUWAIT 438.32 437.66 436.51 Berth Vacant... BH DINAR 349.44 349.94 MALAYSIA 31.85 31.81 31.72 INDIAN RUPEE 1.70 1.85 NEWZEALAND 89.64 89.51 89.27 LEGEND: IRQ DINAR 0.095 0.120 QATAR 36.55 36.49 36.39 EXPECTED ARRIVALS: MALAYSIAN RINGIT 31.50 33.00 1 Shifted From B.No 16 TO O/A. IRANI RIYAL 0.0010 0.0018 U.A.E 36.33 36.27 36.18 CONTAINER (GEARLESS) BTK 1.40 1.70 KR WON 0.1180 0.1178 0.1175 2 Shifted From OP-II to O/A. US DOLLAR POUND STERLING EUR JAPANESE YEN Cosco Colombo Cosco 16/11/18 Not Sched 800 Cnt. 800 Cnt. AFGHANI RUPEE 1.40 1.70 THAILAND 4.027 4.021 3.011 3 Shifted from OP-III to O/A. CHINESE YUAN 19.20 20.2 CONVERSION FOR FC DEPOSITS, DBC/FCBC, SPECIAL USD BOND The Business | EDITOWeRdnesIdaAy, NovLember 104 26018

Supporting workers PARVEZ RAHIM with her new husband, along with two minor Chief Editor n the majority of children. For meeting enterprises operat- their expenses, she ob- ing in Pakistan, tained a decree from the Irfan Athar Qazi employees are divided family court in Malir E-mail: [email protected] intIo two categories: whereby one-fourth of management and non- our employee’s salary [email protected] management. While was attached. management employees On direction from the are governed by separate court, we would make Tijarat House, 14-Davis Road, Lahore terms and conditions of the said deduction from employment formulated his salary and deposit it 0423-6312280, 6312480, 6312429, 6312462 by the company, non- in court every month. Cell # 0321-4598258 management employees Drawing a meagre are mostly covered by salary, the employee Fax: 042-36362767 labour laws and repre- came under financial sented by their labour stress as a big chunk 1st Floor Ahmed Plaza near Zong Office unions. would go to his ex-wife. Susan Road, Faisalabad, Ph: 041-8555582 Improvements in terms This continued until re- of employment of the cently, when the em- Cell: 0307-6000375, 0321-4598258 former depend upon ployee approached me management discretion, ISLAMABAD / RAWALPINDI and informed me that as while those of the latter N-125 Circular Road, Ph: 051-5551654, the two children had are periodically negoti- 5532761, Cell # 0300-8567331 grown older, he had ated by the Collective KARACHI reached a compromise Bargaining Agent (CBA) 3rd Floor Kehkashan Mall 172-I Block II PECHS with his ex-wife for the union. Despite this sce- Opp Rehmania Masjid Main Tariq Road detachment of his salary. nario, there is a vast dif- Ph: 021-34524550, Cell # 0300-8251534 Further, he said that ference in the monthly although all the legal re- The writer who emboldens women salaries, benefits and quirements of the com- DR NAAZIR MAHMOOD Kamran just at the age of 20 didn’t scene where a woman is praying for perquisites of manage- promise had been met by bring her much pleasure and stabil- her son’s safety; there are people in ment employees, which him through a lawyer, Population explosion ishwar Naheed’s latest ity. She had to fight it out alone to shackles all around. The tomb is a are usually quite attrac- the court staff was not book of poetry ‘Shirin raise her children and give them the miniature Pakistan where people are tive in comparison to putting those documents sukhani se parey’ (away best education that she could possi- surrounded by myriad problems but those given to unionised before the judge. And froKm sweet talk) is the continuation bly manage. Her first poetry collec- come to the tomb to seek deliver- employees. During a re- therefore, he asked for of her long struggle for inciting tion, ‘Lab-e-Goya’ (speaking lips) ance; suddenly the flowers at the cent interaction with two help. I went to the court The task force on population growth has submit- women against the patriarchal soci- was published when she was still in tomb catch fire but the devotees well-known industrial with him and inquired ted its recommendations to the Supreme Court to ety of Pakistan. her 20s. It contained around 80 break their shackles and start danc- undertakings in Karachi, about the cause of delay. This book – hardly 128 pages – is control population. Its recommendations included ghazals and 40 dohas, all with a new ing. Sheema Kermani becomes a I was surprised to find They came up with a collection of her poems that reflect diction and voice. Just look at this symbol of rebellion and revolt. national and provincial task forces to provide over- that the average gross flimsy excuses but expe- the realities faced by the women of couplet: Kuchh is qadr thi garmi-e- In a series of three poems, Kish- salaries of their moder- dited the matter. Based sights and take critical decisions to reduce popula- this country in the 21st century. But bazaar-e-arzu; Dil jo khareedta tha, war searches for poetry. In Search of ately skilled workers on the court’s order, we tion growth, lower fertility rate and increase before discussing the book and its usey dekhta na tha a Poem is in free verse; the first part ranged between detached the employee’s contraceptive prevalence rate. The national task contents, something about Kishwar In the next 25 years she wrote deals with the dead bodies in Rs15,000 to Rs20,000 salary. Naheed herself is in order. Though over a dozen books of poetry, in- Parachinar and Ahmed Pur Sharqia. force will be headed by the Prime Minister while per month. These are on This is how an em- she is one of the most well-known cluding translations from Pablo As we know, during the past decade the lower side; in com- ployee may be helped in provincial task forces will be chaired by the re- writers in Pakistan with multiple Neruda, Andre Voznesenski, and some of the worst sectarian riots parison the existing min- an issue that may be of a spective chief ministers. All public health facilities awards to her credit, her credentials Forough Farrokhzad. In fiction and took place in Parachinar where in- imum wage for unskilled personal nature but reso- will be mandated to ensure Universal Access to may not be known to many young prose, her journey started with the nocent people including women and workers in Sindh is lution would have a pos- readers. Family Planning and Reproductive Health (FP&RH) translation of Simone de Beauvoir’s children were targeted. Ahmed Pur Rs16,200. One of these itive impact on job If you draw a list of female writ- ‘The Second Sex’ which Naheed Sharqia saw a self-inflicted tragedy Services to deliver family planning services and the two companies has been performance. Similarly, ers in Pakistan, names such as Altaf translated as ‘Aurat’. Then in the when an oil tanker accident attracted resisting the formation employees indulging in federal government will create a five-year non- Fatima, Azra Abbas, Fatima Hasan, 1980s, she published her collections hundreds of people who wanted to of a trade union while excessive absenteeism lapsable special fund for reducing population Fehmida Riaz, Hajra Masroor, of articles and essays in the so- collect free petrol. The resulting in- the other has two unions, may also be assisted if growth with Rs 10 billion per annum. An FP&RH Khadija Mastoor, Khalida Hussain, called dreams series such as ‘Baqi ferno claimed dozens of life and the one of which is the CBA. the cause is explored by Nisar Aziz Butt, Razia Fasih Ahmed Manda Khawb’ (Remaining dreams) entire surrounding was littered with Rights Bill will be legislated to ensure mandatory It appears surprising their manager and ad- and Zahida Hina will be at the top. and ‘Aurat: khawb aur khaak ke charred bodies. The poem asks ques- that despite having a services by all general healthcare facilities in pub- dressed, if possible. I These writers have contributed to darmiyaan’ (Woman: between tions about the futility of such mis- CBA, which negotiates know a few managers lic and private sector and Early Child Marriage Re- the literary history of Pakistan in dreams and dust). In the 1990s, her adventures. Kishwar is perplexed at with management, wage who regularly help em- straint Act will be introduced at federal and their own way, some excelling in translation of Laila Khalid’s biogra- the plight of minorities in Pakistan; levels in the two compa- ployees facing financial provincial governments' level. Right to promote column and essay writing and some phy and of Bapsi Sidhwa’s novel she mourns the challenges faced by nies are the same. So, difficulties. It is not only others in fiction and poetry. At least ‘The Bride’, translated as ‘Zaitoon’, Ahmadis and Christians and Sikhs. primary healthcare for mother and child will be what has the CBA gained a laudable gesture but two of the above – Kishwar Naheed appeared. She condoles, through her poetry, by negotiating its de- also helps in boosting made mandatory as the right to education given in and Zahida Hida – have the distinc- Then her selection of female story with the parents of Mashal Khan who mands with the manage- the employees’ morale. the Constitution. A national narrative would be de- tion of keeping the most prolific writers from the 1930s to the 1990s was lynched by his university fellows ment? It has achieved Helping an employee veloped in consultation with the provinces and writing alive through their newspa- was published in 1995, followed by on false charges of blasphemy in through bargaining bene- through a crisis starts per columns and creative writing si- a compilation of articles, ‘Women: Mardan. She writes about Iraq, Syria, other stakeholders to create a sense of urgency and fits and perks, which are with listening to him multaneously, and that too in their myth and realities’. In the late 1990s and Yemen and her poetry is a reflec- quite gracious, such as necessity of reducing population growth rate. with empathy. 70s. and early 2000s, her ‘bad woman’ tion of today’s harsh realities. But bonuses, incentive At some point, we all Pakistan is the sixth most populous country in Kishwar Naheed, at the age of 78, series disturbed the prudish: ‘Buri perhaps the most moving of her schemes, interest-free have a stressful life the world with a population of 207.8 million that is writing both prose and poetry with Aurat ki Katha’ (Tale of a Bad poems is about little Zainab of Kasur loans and a lot more. event that distracts us is, according to the population census of 2017, a speed not many can match at her Woman) and ‘Buri Aurat ke who was raped and killed by the Nevertheless, there are from work. It may be a age. Her oeuvre produced in the past Khutoot’ (Letters of a Bad Woman) devil of a man called Imran who was growing at 2.4 percent per annum. It is projected other companies where family member’s illness, 50 years spans over as many books were published in 1997 and 2003, famous for his mellifluous voice. He wage levels and monthly a strained marital rela- to increase to 285 million by 2030 and at the that include articles, columns, es- respectively. Now coming to her lat- used his religious piety as a camou- take-home salaries are tionship, entanglement present rate, will be doubled in the next 30 years, says, poetry, prose, and translations. est book, Shirin Sukhani Se Purey, flage for his evil designs. three to four times in protracted litigation, compared with the normal time of 60 years for You may think that she must have one can safely say that her creativ- Kishwar Naheed’s tribute to Bacha higher. What emerges or the death of a close been prosperous and stable in her other South Asian countries. The observations of ity is still fecund and fertile. Khan is another poem of historical from the vast difference friend. If any employee personal life to have achieved so This collection of ghazals and and political significance. She salutes of emoluments among the task force are quite comprehensive and deal is going through a per- much. On the contrary, her life story nazams starts with Yazid ke darbaar that giant of man who refused to bow the two classes of em- sonal crisis, what can with most of the aspects of population control. reads like a roller-coaster of per- mein Hazrat Zainab ka Khitab (the in front of the British might and chal- ployees within the same one do as a manager? If Obviously, if all the recommendations of the task sonal and professional challenges address of Hazrat Zainab in the lenged the dictators, generals Ayub establishment is that the there is an atmosphere of force are implemented, most of our economic that she had to overcome mostly all court of Yazid). The defiance of Khan and Yahya Khan. She reminds management, which su- compassion in the office, on her own. Discouraged by her women after the Karbala tragedy is us of the struggle Bacha Khan waged problems could fade out. However, it is very pervises the workers, people are more likely to family but encouraged by her the theme of the poem, in which for democracy and equal rights in should also have empa- approach the manager strange that the severity of the problem has been mother, she had to swim against the Yazid is being challenged as the per- Pakistan. Her poems ends with a thy for employees’ per- when they are going realised and sought to be highlighted by the Chief tide – as most women in our society petrator of atrocities on women and wistful desire that had Bacha Khan sonal hardships and through a tough period. Justice of the Supreme Court rather than the ex- have to do; especially if they want children. These women, who have been alive today he would have challenging living condi- It is good to listen. An to establish themselves as independ- ecutive branch of the government. seen the worst, refuse to be cowed fought against religious bigotry and tions. employee may just want ent women. Migrating from UP, down; they declare their victory and intolerance in the country. Her poems Efforts to improve in- sympathy and explain Of course, such a high level of population growth India, to Lahore with her family at show their courage and valour in the show a mirror to our decision-makers dustrial relations may his difficulties in caring is unsustainable and would squander the gains the age of 10, she didn’t have a man- face of adversity. The poem ends and policy wonks who have brought not remain confined to for a sick relative or an made in terms of economic growth and should be sion waiting for her. She went to with a curse that the likes of Yazid Pakistan to this state of affairs. Kish- the office or factory opportunity to explain public schools and colleges and ob- will never see a day of peace. war Naheed is a woman who has premises but may extend unacceptable particularly when infrastructure and how his marital break-up tained an MA in economics. But her Kishwar Naheed continues her de- lived her life at her own terms; she beyond the organisa- utilities in the country like electricity, gas and has affected productiv- vocation was away from economic fiance in the next poem titled has contributed to the enlightenment tion’s domain, which is water are inadequate. It is a fact that the popula- riddles and lay in intellectual puz- Sheema Kermani at Sehwan Sharif. of our men and women alike. Her encapsulated in the fol- ity. Having empathy for tion of those segments of society who are least able zles. Her association with Sufi Ghu- Readers may recall that after a writings remain a guiding light for lowing instance: the wife employees and extend- to support and educate the children is increasing at lam Mustafa Tabassum brought her deadly bomb attack on the tomb of our younger generation especially for of one of our employees ing to them possible help in contact with some of the best a much higher rate. This could increase income in- Shahbaz Qalandar, our noted dancer girls and women who want to chal- in the maintenance de- not only brings in known poets and writers of the 1950 Sheema Kermani went there after a lenge this patriarchal society. May dividends to the organi- equality and breed chaotic conditions in society. partment, who has six and 60s. couple of days and performed dance she live long and keep writing and children, divorced him sation but also to the The country is treading on a suicidal path if all the Her love marriage with Yousuf and dhammal. The poem presents a guiding us. in 2013 and went to live manager. stakeholders are not taken on board and proper measures are not taken to control the explosive growth in population. Living the spirit of Ubuntu SYED ALI ZAFAR touching story, the chief of a wouldn’t be any race at all, and eties based on empathy and col- tween the private and state run Jinnah’s slogan for the new na- At the same time, the initiative South African tribe was once no one could have come first.” lective prosperity – that is after schools and educational institu- tion: “Unity, Faith and Disci- should be taken by parliament, n a world that is becoming asked the meaning of ‘Ubuntu’. In another version of the same all, the true essence of liberal- tions and private and govern- pline”. A slogan no different which represents the nation. We increasingly intolerant, “This cannot be explained by story, upon the signal to begin ism. ment controlled hospitals. As a from the philosophy of Ubuntu. see unpleasant, acerbic debates where calls for violence words”, the chief said. “Let me the race, the children instead of The truth is that Pakistan result, we are all becoming reac- Later when Ziaul Haq changed and shouting at each other in par- anId punishment are seen as solu- demonstrate it to you”. He then racing, simply held their hands could do a little with Ubuntu at tive instead of forward looking. the slogan to “Faith, Unity and liament. This can be controlled tions to deep-rooted problems, it placed some fruit in a basket, together, walked down to the this time. Instead of trying to focus on Discipline”, the dissention on only by the order and exercise of is important to take a step back under a solitary tree, and asked tree and once there, sat down Our country has seen much remedies, the demand seem to be the basis of interpretation of discipline by the speaker. Self- and look at those leaders and so- children of the tribe to partici- and took their time to share the conflict and wrong policies, and for vengeance or retribution. faith brought intolerance in soci- restraint and criticism in parlia- cieties that achieved peace pate in a race in which whoever fruit with each other. When society is more divided today Everybody wants the other to be ety. mentary language should be the through reconciliation and truth, could reach the basket first, asked why they had done this, a than it ever was in the past. put in jail and hanged but there We need a revolution of a state norm so that it becomes an ex- tolerance and compassion amidst would get all the fruit. He lined young girl simply replied that, Politicians and political parties is little focus on redress. It was of mind which can only be ample followed by other sections hatred, animosity and height- them all up and gave the start “How can one of us be happy if oppose each other even on ob- Martin Luther King Jr who achieved by a holistic approach of society. Difference of opinion ened tensions. signal. all the others are sad.” jectives that are in the national stated that “Darkness cannot working through the state and its without hurting one another is One such society was South The children ran towards the Nelson Mandela who was interest. Extremists do not see drive out darkness; only light institutions in tandem in the field possible. Each member can con- Africa – a brutal apartheid basket, but then a strange thing viewed as the personification of eye to eye with the government can do that. Hate cannot drive of education, practising equality, tinuously remind himself/herself regime to which there was vio- happened. The child who came Ubuntu, explained the concept: and the majority. Judges are out hate; only love can do that.” respecting the dignity of human- that “S/He is because parliament lent opposition. Society needed first stopped, and instead of “If one was to travel through a being threatened and there is a In the spirit of Ubuntu what ity and tolerance. The disconnect is.” All institutions also can to come to peace through some- keeping all the fruit for himself, village, one didn’t have to ask huge disparity between the rich one needs to do is to find reme- between various segments of so- adopt the same philosophy: “We thing more powerful and long waited for others to join him. for food or water but was simply and the poor. dies mutually acceptable in a di- ciety has to be abridged: we are because Pakistan is.” Dr Mar- lasting than violence – and that Once together, the children sat given it, and taken care of.” Religious intolerance is on the vided society. It is certainly not should not become more es- tin Luther King Jr seems to have was humanity. Nelson Mandela down and happily shared the Ubuntu is the concept of all rise. Rights of minorities are an easy task but it is a right mis- tranged but reconcile our differ- understood the essence of the found the antidote to violence in fruit. When asked why he had for one and one for all in which being stifled. Inter-provincial sion. The irony is that we are not ences and understandings to concept of Ubuntu when he said: the traditional African humanist not simply eaten all the fruit we can all prosper better when harmony sometimes still feels unified for Pakistan. We have forge a more prosperous journey “We are caught in an escapable philosophy ‘Ubuntu’ – ie himself, the child who came first all of us prosper collectively. like a dream. There is discrimi- forgotten the words of Quaid-e- ahead. Pakistani culture has network of mutuality, tied in a through caring, consideration replied: “I am because we are.” Ubuntu led, perhaps indirectly, nation and disparity even in edu- Azam Muhammad Ali Jinnah much in common with Ubuntu. single garment of destiny. What- and sharing. The chief explained: “Had the to the evolution of notions of so- cation and health; this is obvious when he said that “Divided we Tolerance and humanity must be ever affects one directly, affects According to a beautiful and others not participated, there cialism and welfare states, soci- from the huge difference be- fail. United we win.” This was taught as a subject in all schools. all indirectly.” The Business | OPIWNednesIdaOy, NovNember 104 20718 Do we have any roadmap for higher education in Pakistan? Therefore, considering these rankings as a document titled HEC Vision 2025, drafted The role and responsibilities of Pak- tion in their respective domains. A pas- Korea, Singapore, China and Malaysia yardstick, we may check out if all asser- in 2016-17 appears to be in place as a na- istani universities have become more crit- sion for teaching and research is required without passionately prioritizing knowl- tions and plans made in the past by rele- tional road map for higher education in- ical and intensified in the present scenario to be instilled in the rising faculty mem- edge and technology as potential and vi- vant entities and functionaries to foster dicating government commitment to where ranking of the national universities bers and researchers through intensive able tools for sustainable national higher education in Pakistan were unerr- outshine national economic outlook. A is on a downward trajectory. Regrettably, motivational and technical trainings. economic growth. Without a doubt, ing, truthful and natural. great deal of enthusiasm and high-level of most of the Pakistani universities have The pivotal role of university leaders there exists no cohesion, coordination, Contextually speaking, Government of commitment is reflected from the publi- been cynically transmuted into epicenters and the vice-chancellors remains to be integration and monitoring & control Pakistan, in its Vision-2030envisages the cation however the areas and the chal- for increased indigenous politics with a substantial and cannot be left unheeded system, aligned with the present day country to stand on the podium as a global lenges covered therein such as nurturing little focus on research, innovation and because they weave the real academic and needs for a flawless and perfect higher economic giant by 2047 on centennial in- research culture, industrial revolution, ex- skill development among the faculty and research fabric in their respective institu- education system in Pakistan. The sto- dependence celebration which sounds like cellence in leadership management and aspiring students. There is hardly any con- tions. Lamentably, there exists no bench- ryline and pretexts that we normally as- a dream of daylight. One of the 07 pillars governance, national and international cept of competition for publications, na- mark or a performance measure to sociate with our failure in higher delineated in the Vision 2025 for growth system of ranking seems to be much de- tional and international research grants, translate their productivity and results in a education are no more gratifying and and development foretell an upsurge in manding. Apparently things do not hap- international presentations, industry-acad- numeric description on the basis of cer- agreeable to the global community. The higher education in Pakistan to the tune of pen to be moving in the right direction for emia linkages, international connectivity tain data, organizational goals and per- world has come out with a smart ap- 12 percent targeting 15,000 PhDs to be goals set out to be achieved by 2025. and collaborations etc. beheld among the formance indicators. Provided, these proach based on deliverables and tangi- DR SAEED AKHTAR available in the country. The same article United Nations sustainable develop- students, faculty members, academic de- yardsticks are established for vice chan- ble outcomes for vividly discriminating further depicts an action plan for laying ment goal 4 entails provision of quality partments and university faculties in par- cellors to weigh their performance in their success and failure. Global university akistani universities have been down a foundation for a knowledge econ- education with an opportunity to experi- ticular and among the public sector administrative tenures of four years, they ranking systems have turned up as a positioned at the bottom in the omy by underpinning industry-academia ence a lifelong learning process. Albeit, national universities in general. These would outrightly perform to elevate insti- conspicuous mode to ascertain the per- performance table in 2019 global linkage. These challenges warrant a dras- Government of Pakistan has been very snags are essentially the result of non- tutional reputation. Non- performers may formance of the national universities ranPking of 1,250 universities by Times tic revamping in our higher education sys- well cognizant of the vital significance of compliance to the fundamental spirit of be penalised, publicised and imputed with therefore we have to be more prudent Higher Education (THE) with only three tem which needs to be reflected as a SDGs especially Goal 4 and is progress- teaching and research and absence of any the sorry state of affairs in their academic and realistic in higher education with national universities viz COMSAT Uni- reality on ground endemic in all national ing towards achieving them by 2030, reward and punishment for the performers kingdoms, they eventually leave deso- the emergence of Naya Pakistan dreamt versity Islamabad placed at601-800, Uni- universities and research institutions. however, it needs extensive planning and and non-performers. The conventional lated and devastated. off by the leader of the ruling political versity of Agriculture Faisalabad and Higher Education Commission in Pak- pragmatic approach to effectively accom- system of promotion and appointment of Evidently, almost all developing and party in Pakistan. The author still be- National University of Sciences and Tech- istan has been independently working plish the targets. Present government has the faculty member exacerbates the mag- developed economies have explicitly lieves that a voluminous intellect in nology placed at 801-1000. None of the since 2002 as an autonomous and consti- to put in all possible efforts to devise poli- nitude of the non-productivity in academ- established a well-defined agenda for terms of a heap of accomplished pro- Pakistani universities could again make a tutionally established entity with a mag- cies in the light of 2030 SDGs despite the ics and research in Pakistani universities. the modernization of higher education. fessionals are on hand with the present space among top 500 universities in the nanimous funding to enable Pakistan to fact, Vision- 2025 already encompasses a Minimum eligibility criteria for becoming Assorted models for reforms in higher regime to bring about the constructive world in 2019. There are primarily three emerge as a knowledge-based economy substantial level of strategies essential to a professor as established by HEC Islam- education are prevalent everywhere in transformations in higher education sys- major global rankings of the universities in the global arena. Several programmes achieving SDGs- 2030. GOP has estab- abad, necessitates 15 research publica- the world. Likewise, numerous path- tem in Pakistan that would ultimately be i.e. THE Rankings, Academic Ranking of are underway at HEC level such as Pak- lished SDGs Monitoring and Coordina- tions with 15 years of teaching and ways have been developed for increased demonstrated in upgrading living stan- World Universities and QS World Uni- istan qualification register (PQR), attesta- tion Unit in conjunction with UNDP to research experience. Most of the early ca- efficiency and output through higher dards among all common folk. versity Rankings which insinuate amyr- tion of degree/transcript certificates, elicit extensive efforts for meeting 17 reer faculty members and researchers education across continents. Higher ed- iad performance indicators acceptable to indigenous PhD fellowship programme, SDGs as an important component for sus- strategize their whole career to achieve ucation bills and laws were enacted by • The author is the Director ORIC at all university leaders while undertaking human resource development initiative, tainable national development. With all these targets and having met these chal- several countries to trigger productivity. BahauddinZakariya University Multan. the ranking process. The fundamental per- travel grant, national research programme these efforts in place to drag Pakistan on lenges, they feel like accomplished in In a nutshell, the world has desperately He has also been working as Director, formance parameters include industry in- for universities, access to scientific in- the path of prosperity and economic their areas of specialisation. With this per- realized and identified higher education Institute of Food Science & Nutrition and come, international diversity, teaching, strumentation programme and technology growth, the tangible and measurable out- suasion in mind, they fundamentally lack as a way forward for a dignified way of research and citations contributing @ 2.5, development fund etc. to reach the goal comes that can be quantified correspon- the sense of competitiveness coupled with life on the planet earth. However, Pak- is a known researcher with specialisation 5, 30, 30 and 32.5 percent respectively to- for national prosperity through exercising ding to raising the standards of living of the flavour of the fervour necessary for istan is yet daydreaming for a knowl- in Food Safety and Nutrition. He may be wards overall ranking of a university. knowledge and technology. A 76-page the people of Pakistan are not yet visible. undertaking quality research and innova- edge based economy analogous to reached at [email protected] Prejudice by any name JAWED NAQVI Bharatiya Janata Party the other day, “It’s nothing but fiction. Sec- slamming its apparent resolve to ondly, the Agrawal community Short essay ascribed to erase Muslim references in India’s claims its origin from Agroha in legendary Khwaja Ahmed past. Habib cocked a snook at the Haryana, and not Agra. So, both the Abbas ribs India’s atavis- ruling party by pointing out how the arguments for renaming the city do ticA urge to change names of cities surname of Amit Shah, the BJP’s not hold water.” How did Agra then and towns from their extant versions president handpicked by Prime Min- come about? Habib, a widely re- to something old if vague. When ister Narendra Modi, is of Persian spected academic, believes the first Benares was renamed Varanasi to origin. time one heard of ‘Agra’ was in the comply with an identity rooted in In the pre-election melee of reign of Sikandar Lodhi in the 15th mythology, Abbas wrote: “I landed changing names of towns and cities century. Before that the area was at the railway station. The freshly from their Muslim references to a more prominently known as Doab painted signboard celebrated real or imagined ancient origin — — land between Ganga and Ya- Varanasi. Outside the station, the Allahabad as Prayaag and Faizabad muna. sweetshop announced itself as as Ayodhya, for example — Shah Disowning Muslim influence in Varanasi Mishthaan Bhandaar. At too must drop his name, says Habib. India with spite could recoil on the the post office, the clerk was stamp- His surname ‘Shah’ is of Persian RSS, which has been traditionally ing letters and parcels with his new origin and not of Gujarati, the pro- headed by Maharashtrian Brahmins. official seal. Varanasi, Varanasi, fessor told the Times of India. That Their handpicked Maharashtra Varanasi, it went. I asked the man insight should ideally give heart to Chief Minister Devendra Fadnavis the name of the city we were both the BJP’s opponents ahead of next too is a Brahmin whose surname in. He said Benares.” year’s electoral showdown. Sadly, was a Mughal title, as zamindar and It’s still Banarasi sari, Banarasi some self-serving ideologues of the munim elsewhere have a Muslim thumri and Banarasi paan, however, main opposition Congress party imprint. just as Mumbai continues to have its seem to be searching for a Hin- Most pivotal in the region’s his- Bombay High Court or Bombay dutva-like identity themselves, and tory was the peshwa, a Persian gift. After historic firsts AMY GOODMAN gress. Sylvia Garcia and Veronica Esco- gress.” Stock Exchange and Bombay Duck, have announced in poll-bound Mad- There would be gastronomical is- which is actually the name of a deli- hya Pradesh that cow urine would sues with gulab jamun, jalebi, halwa bar became the first two Latinas elected These are just a few of the agents of cious fish. be commercially packaged as an and kulfi, which could be discarded midst the backdrop of white to Congress from Texas. Early on Elec- change who emerged victorious in the Curiously, the politically inspired elixir. for their Muslim affinity. The ex- nationalist violence linked to tion Day in Escobar’s district in El Paso, 2018 midterms. Many of them support name-changing spree has ignored a “Even the term Gujarat itself is of pansion of Islam sent many foreign the presidency of Donald the US Border Patrol initiated an unan- progressive policies like “Medicare-for- rather obvious foreign influence Persian origin. It was called Gur- communities scurrying to India, and TruAmp, the 2018 midterm elections are nounced “crowd control” exercise, only all,” a federal $15 minimum wage, debt- from its ambit — the keenly sought jaratra earlier. They should also they all brought their food with ushering in a slate of elected officials rep- to cancel it after public outcry over the free college and comprehensive and embraced identity called Hindu. change it,” the 87-year-old profes- them. Each wave brought a culinary resenting the country’s diversity more apparent attempt to intimidate Latinx vot- immigration reform, and are deeply con- It is uniformly acknowledged that sor emeritus says. When recently habit and with the passage of time than ever before. ers. cerned about climate change. the name originated in West Asia, the Modi establishment renamed all of these got absorbed in the local While Republicans increased their ma- Deb Haaland of New Mexico and Yes, the bottom shook the top, but apparently as a description of Delhi’s Aurangzeb Road, Habib cuisine of India. jority in the US Senate, the Democrats Sharice Davids of Kansas became the whether our country’s dangerous shift to- India’s dark-tanned inhabitants. challenged the government to erase When the Marathi-speaking RSS took control of the House of Representa- first Native American women elected to ward authoritarianism gets shaken off its There’s reference in a Persian verse the name of Todarmal from a road chief next holds a public meeting he tives. Many races remain too close to call, Congress. foundation is still to be seen. President by Hafiz Shirazi to a black mole on named after Emperor Akbar’s Hindu may want to refrain from calling it including the intensely fought and closely Rashida Tlaib and Ilhan Omar are the Donald Trump represents a wall, both lit- the beloved’s cheek, for which the aide. The BJP government’s renam- a ‘jahir sabha’, a Marathi blend of watched race for governor of Georgia be- first two Muslim women ever elected to erally and figuratively. The 2018 midterm poet, to his ruler’s chagrin, was ing spree is very much in line with Persian (zaahir) and Sanskrit tween Stacey Abrams, who would be- Congress. Tlaib, a Detroit activist who is elections turned that wall into a door. willing to surrender the fabled cities the Rashtriya Swayamsevak Sangh’s (sabha). Marathi poems of Eknath in come the first African-American woman filling John Conyers’ seat, will be the first Whether that door is kicked open or of Samarkand and Bukhara. (Agar (RSS) Hindutva policy, says Habib, the 17th century were presented as governor in the country, and Brian Kemp, Palestinian-American congresswoman. slammed shut depends not only on aa’n Turk-i-Shirazi bidast aarad dil- recalling that in Pakistan too ill-ad- arjadast (arza-dast). Mocking the who refused to recuse himself as Geor- She says she’ll be taking her bullhorn to elected officials, but on the people who i-maara’h / Bi khaal-i-hindu yash vised changes were made to comply chauvinist RSS, Marathi retains gia’s Republican secretary of state, over- Washington. She told her supporters, “I put them there. These elections are not an bakhsham Samarkand-o-Bukhara with the country’s regressive Mus- Arabic-Persian idioms and expres- seeing the very election in which he is a ra.) lim ideologues. “The BJP and its sions in their original forms, such as will uplift you in so many ways, not only end in themselves. Times like these are It is also agreed that there was no right-wing supporters want to adab “culture, literature, good man- candidate. Kemp, who is being sued for a through service, but fighting back against when movements can have the greatest reference to Hindu in Vedic texts. change things which are non-Hindu, ners”. Good manners, however, racist campaign of voter suppression, is every single oppressive, racist structure effect. What passes for Hindu revivalism is particularly of Islamic origin.” elude the RSS, given its gargantuan slightly ahead in the vote tally, but thou- that needs to be dismantled, because you More than 110 million people voted, essentially a new construct, a work Habib’s comment on Shah came appetite for hate. For this and more, sands of ballots have yet to be counted, deserve better.” far more than in past midterm elections. in progress. That’s why well-re- when a BJP deputy suggested that it cultivates a perverse sense of his- and Abrams is refusing to concede. Minnesota legislator Ilhan Omar is the Yet still half of eligible voters stayed garded historians believe that Hin- the city of Agra be renamed after a tory. The Urdu poet Firaq Gorakh- This was an election of firsts. Nation- first Somali-American ever elected to home or were excluded by the increas- dus can be anything but trading community that has a pres- puri, a Hindu, it has to be said in ally, a historic number of women ran for Congress. In her victory speech, she said, ingly widespread voter suppression tac- fundamentalists, for unlike Semitic ence in the city. He claimed his these times of polarising identities, office. This is the first time that more than “I stand here before you tonight, as your tics being deployed across the country. religions and some others such as Agrawal community were followers described the making of his India as 100 women will serve in Congress. Con- congresswoman-elect, with many firsts The movements behind this historic elec- Sikhism, there is no all-embracing of Maharaja Agrasen who allegedly a confluence of foreign caravans. necticut schoolteacher Jahana Hayes and behind my name: the first woman of toral result for women and for diversity fundamental to define a community. ruled Agra. Habib trashed the sug- “Sarzameen-i-Hind par aqwaam-i- Boston City Councilor Ayanna Pressley color to represent our state in Congress. must also work to increase engagement, Respected historian Irfan Habib gestion, saying the entire history of aalam ke Firaq, qaafiley bastey gai, became the first African-American The first woman to wear a hijab … [and] enfranchisement and electoral participa- stirred up the pot for the ruling Maharaja Agrasen was mythical. Hindostan banta gaya.” women to represent their states in Con- the first refugee ever elected to Con- tion. Letters to the Editor ing much-needed reforms in the education sec- the matter in an effective manner – so that no find ways to finance our plans, we will be unable society. These elements have struggled to ac- Cyber attack tor. In our country, a few members of powerful one is allowed to hold the country hostage for to create anything close to a welfare state. cept all manifestations of equality and have elite are allegedly guilty of obtaining fake de- days – the leader of the ruling party has given Raja Shafaatullah vociferously confronted them through vari- This refers to the letter ‘Attack on banks’ by grees to advance their careers. Only those parlia- a new look to the entire event. ISLAMABAD ous means. It is difficult to find educated Muhammad Ahsan. The writer has rightly mentarians who were affiliated with the political Akbar Jan Marwat people who are drawn towards extremism. pointed out that many Pakistani people already parties that dare to dissent have been disqualified. ISLAMABAD This indicates that education has a role to don’t have confidence in the banking system Malik T Ali Domestic industries play in turning an ignorant nation into one and they shy away from depositing their sav- LAHORE that values tolerance and accepts diversity. ings in banks. Under such circumstances, the Actions speak Chinese marketers are capturing the Pakistani Shah Zaman current cyber attack will push more people market by adapting penetration pricing strategy. KARACHI away from opening bank accounts. That the Angry protesters The PM and his cabinet members talk a lot The marketers are divided products into different security system of Pakistani banks will be about transforming the country into a welfare categories; for example there are products that are weak is appalling. The banking authorities The interior minister, Shehryar Afridi, gave state, but there seems little action to back their aimed at the audience that belongs to low income Food safety need to take strong action to strengthen the a whole new twist to the TLP dharnas in the words. They ought to remember that actions speak group. Similarly there are products whose target banks’ security system. wake of the acquittal of Aasia Bibi by the louder than words. They need to quit the rhetoric audience is people from middle or upper class. The Sindh Food Authority has yet to estab- Yasira Mansoor Supreme Court. Afridi has said that workers of and focus on solid action. It seems they, like other While Chinese marketers are designing and man- lish a specific laboratory to scientifically ex- MAKRAN the parties sitting in parliament were involved past governments, are not prepared well. Blam- ufacturing these products by incurring low pro- amine food samples. Furthermore, the in the violent protests in which property worth ing past governments for everything is not going duction cost, Pakistani marketers incur huge cost authority has struggled to recruit dedicated, million was destroyed. The only proof that the to solve anything. Everyone knows that past rulers on the products that are sold at higher prices as competitive and experienced personnel on a Fake degrees minister has to back his allegations is that are responsible for many problems, and this is one compared with the prices of Chinese products. permanent basis to oversee the responsibilities when video clips of the violent protesters were of the reasons why people voted the PTI into Khalil Ahmed Shar involved in running this laboratory. Such lab- The news regarding the fake degree of a person shown to the TLP, the party refused to recog- power. Unfortunately, until now, the nation has ISLAMABAD in authority is making rounds in the media. The nise the demonstrators as its workers. What is only seen more of the same, that is, blame every- oratories are often needed to deal with even- fact that fake degrees are readily available across amusing is the fact that it did not matter to the thing on past governments and keep doing what tualities, such as the case of two minors who the country calls for the immediate attention of minister that the leadership of the TLP was they did. There have been some cosmetic actions, Time for tolerance died in Karachi after consuming contaminated the authorities concerned that should put proper openly abusing state institutions. As far as the but we need much more than that. If the PTI chair- food. We must remember that effective and checks and balances across all education institu- signing of the agreement with protesters is con- man is serious about changing the destination of Violence, intolerance and oppression have suitable mechanisms need to be put in place to tions. It is unfortunate that instead of improving cerned, Afridi said that it was signed as there the nation, he should take some solid and difficult been used by religious extremists and funda- avoid such incidents in the future. education and investing in development of could be no bloodshed in Naya Pakistan. It is steps. He should boost exports, reduce expendi- mentalists to suppress multiculturalism, free- Aamir Khan Wagan human resources, Pakistan has ignored introduc- disappointing to see that instead of resolving ture at all levels, and expand the tax net. Until we dom of expression and equality within LARKANA The Business | NATIOWednNesdayA, NoveLmber 140, 28018 Quick Read Hindko Youth Assembly Notorious dacoit meeting on 24th PESHAWAR: The meeting of Youth Assembly Hinkowan gang arrested, under the aegis of Gandhara Hindko Board will be held on bikes recovered Nov 24th at 02:00 p.m at By Atif Ishaq Ahmed Ali Saain Academy. The aim of the meeting was SAHIWAL: Police on Tuesday claimed to create self confidence to have arrested four members of motorcy- among the Hindko speaking cle snatcher gang also known as ‘Noona youth and provide guidance to Gang’ who were also involved in different them with regard to jobs and crimes and recovered five motorbikes and education. Preparations for the illicit arms from their possession. meeting has started while reg- District Police Officer (DPO) Capt (re- istration of youth was under- tired) Muhammad Ali Zia has issued direc- way for the meeting. —APP tives to police officers to hasten their efforts to curb street crimes by using all available resources to protect life and property of cit- Addl CS shows izens. SHO City Muhammad Riaz, while brifing about the latest arrest said, police satisfaction over team carried out operations on scientific jail security basis to arrest Noona Gang. The gang was wanted in several criminal activities. RAWALPINDI: Additional Chief Secretary Home Capt (R) Fazeel Asghar Tuesday visited Central Jail Adiala to inspect the condition of the prison, Hospital , Women and children ward and get firsthand infor- mation on the inmates. —APP Firdous Ashiq During press conference SHO said that Police has received credible information re- addresses party garding the gang’s presence in the city. Act- workers ing on the tip off, the police reached the spot. The criminals opened fire on police SIALKOT: PTI leader Dr and the police retaliated, he added. KARACHI: A view of massive traffic jam during campaign against encroachments and illegal constructions from the Empress Market. Firdous Ashiq Awan has Riaz said that our main focus is resolv- said that elimination of ing public complaints and taking every pos- sense of deprivation among sible step to provide maximum relief to masses was top priority of citizens. the government. He said crackdown against drug ped- While addressing the party dlers have already been launched. Effec- workers here on Tuesday, she tive policing is only possible through said that the government was cooperation of public and trust between PR generating handsome ensuring early solution to them would be enhanced by resolving their people's problems and purg- problems, he concluded. ing the country of corruption and corrupt elements under the leadership of Prime Min- revenue under PTI govt ister Imran Khan. —APP Huntsman died ISLAMABAD: The earning of Pak- ernment to overcome the deficit of the He said Freight Deposit Account istan Railways has witnessed a signifi- department. In this regard, Minister for (FDA) based agreement with 'Ms Maple under glacier cant improvement during the tenure of Railways Sheikh Rashid had established Leaf Cement Factory' and MoUs with ATC grants bail Deputy mayor's present government and generated addi- a task force on freight trains to improve Awan Trading Company, Chishtian Lo- tional revenue of Rs one billion due to its business. At present, the official said gistics, Bestway Cement, Solution En- to 18 arsonists mother dies at Battajkundi concentrated efforts of the department. average 9 to 10 freight trains were being terprises, Fatima Group for MANSHERA: At least one hunter on During the period from August 2018 operated from the port on daily basis as transportation of Coal and Mughal Lo- of TLP sit-in MULTAN: The mother of Tuesday died while two of his companions deputy mayor, Saeed Ahmad to October 2018, Pakistan Railways compared to one train in the year 2013. gistics for containerized traffic had been ISLAMABAD: An Anti Terrorism fled away when a glacier fell from the hill at Ansari died here on Tuesday. earned Rs6.7 billion against the earning He said Pakistan Railways entered signed. Court (ATC) Tuesday granted post the tourist spot Batta Kundi on them. of Rs5.7 billion during same period of into an agreement with Pakistan Freight Regarding the passenger sector, he She was 88. The deceased arrest bail to 18 alleged arsonists in- was grandmother of former After the second snowfall in the area last year, an official in the Ministry of Transportation Company (PRFTC) for said under public private partnership, volved in protests of Tehreek-i- Railways told this agency. transportation of 12,000 MTs of Coal per Pakistan Railways has outsourced com- MPA Amir Saeed Ansari. three huntsmen went to the forests of Bat- Labaik Pakistan (TLP) which were He said Minister for Railways Sheikh day with running of five Coal trains daily mercial management of three trains in- Led by Maulana Saeed takundi for hunting as they reached near earlier sent to jail for fourteen days Rashid Ahmed was taking his personal for Coal Fired Power Plant, Sahiwal and cluding Hazara Express, Fareed Express Ahmad Farooqi, the funeral top suddenly a glacier fell from the hilltop at judicial remand at the request of on them. As result, a hunter Muhammad interest to put the department on right transportation of 345000 MTs per month and Khushal Khan Khattak Express prayer was offered at Chaud- investigation officer. hary Pervaiz Park. A large num- Basheer son of Muhammad Aman resident track besides enhancing capability of of coal to Jamshoroo Power Plant per which has enhanced its revenue. The protestors were arrested for ber of political figures including of Kandal Hariphagal Kaghan an em- Pakistan Railways which resulted in day with running of five trains per day. He said commercial management of reasonable increase in the department’s Pakistan Railways entered into an luggage vans and brake vans with differ- damaging public property for their former Punjab governor, Malik ployee of agriculture department buried personal gains, attack on police, dur- Rafiq Rajwana, Advisor to CM under the snow whereas luckily the two revenues. The official said freight trains agreement with Pakistan State Oil (PSO) ent trains have been outsourced under are backbone of any railway and Pak- for transportation of 200,000m tons of pe- pubic private partnership. Online e-tick- ing the sit-in and violent protests of Javid Akhtar Ansari,Javaid other hunters survived successfully. TLP in Islamabad. Hashmi, MPA Salman Naeem, Two survivors immediately reached the istan Railways will run two more troleum products per annum from Karachi eting has been introduced to facilitate freight trains by end of December to im- to up-country destinations, he added. travelling passengers at their door steps. The ATC Judge Shahrukh Arju- Mayor Naveed ul Haq Arain nearby village to bring help for the rescue mand granted bail to 18 accused and others attended the funeral. operation, hundreds of the people of the prove revenue generation. The official said high capacity and The official said Pakistan Railways He said Pakistan Railways has set a high speed hopper trucks had been in- attached extra coaches to fetch more against the bail plea of 21 accused Quran Khawani will be held on surrounding areas after digging the snow whereas bail plea of three accused Wednesday 14 at deputy for hours recovered the dead body of the target to increase freight train from 10 to ducted in the current fleet for swift revenue and special trains operated on 15 during first year of the present gov- movement of coal. the eve of ljtima at Raiwind, Eids and was rejected by the court. —APP mayor's residence. —APP Muhammad Basheer and sent him to his native village. —APP CM visits KTH to Zulfikar Bukhari for review healthcare inculcating 'inclusiveness' services PESHAWAR: Khyber Pakhtunkhwa among students (KP) Chief Minister, Mehmood Khan here ISLAMABAD: Special Assistant to He called for embracing morality and Tuesday paid a surprise visit to Khyber Prime Minister on Overseas Pakistanis patience to create tolerant society. “Our Teaching Hospital (KTH). and Human Resource Development beloved Prophet focused throughout his (OP&HRD) Zulfikar Abbas Bukhari on life on ethics and morality”, he added During the visit, the CM went to different Tuesday stressed to inculcate 'inclusive- He said he missed an interaction ses- wards of the hospital and enquired after the ness' - multi-talented characteristics - sion with OPF’s students and their par- health of patients. On complaint of a pa- among students to redress high unem- ents and pledged he would soon have a tient, Mehmood Khan directed for provid- ployment issue in the country. meeting with them. ing wheelchair to the patient immediately. Speaking at a prize distribution and He said the government would make The CM also inspected the system of pro- 26th oath-taking ceremony of Students full efforts to ensure quality and standard vision of slips to the patients and reviews the Council 2018, the Special Assistant education to the children of expatriates, process of provision of medicines to the pa- termed the youth a valuable asset to who were serving the country by send- tients. The CM on this occasion said basic carry forward the development process ing remittances from abroad. Zulfikar aim of his visit to the hospital was to receive in the the country. The event was organ- said the OPF University was also a part updates about the problems being faced by ized by the Overseas Pakistan Founda- of their 100-day agenda which would be the patients and to address the same. tion (OPF) Girls College. He called accomplished soon. On the Occasion, He said the government will provide upon the students to be multi-talented OPF Managing Director Dr Amir Sheikh best possible services to the patients and to demonstrate inclusiveness by claimed that the OPF was imparting the within available resources. He said provi- overcoming barriers in the real life. quality and standard education to expa- sion of best possible health and education Underlining the importance of educa- triates children who wanted their chil- services to the masses was among the top tion, Zulfikar Bukhari said the study dren to study in Pakistani culture and most priorities of the government and we should be given proper time and atten- pledged to continue the initiative. will personally monitor these sectors. tion, regretting that he had diverted to Appreciating the Arooj kiren who se- Provincial Information Minister, Shaukat business when his father was forcing cured first position in Secondary Yousufzai also accompanied the CM on him for getting higher education. School Certificate-II (SSC) and Amal this occasion. —APP Education and skill are the real assets, Razzaq for having eight A-stars in O not the cash and business, he said, and level, the MD said such results were added “One day you will eventually get validating the OPF’s stance of provid- Girl kidnapped fruit of your endeavours." ing quality education. —APP QUETTA: A man repairs a motorbike rickshaw at the Saryab Road. from SITE area District Control HYDERABAD: A underage girl has al- Room at DC legedly been kidnapped from the limits of Ejaz vows to participate in LG elections SITE police station while returning from a By Imran Wattoo 16 suspended on patronizing The suspension orders of two execu- Bahawalpur zone Irrigation Chief En- Office haild Hindu temple. criminals tive engineers of Hakra and and Ford- gineer Shahid told Daily The Business PESHAWAR: Special As- According to the FIR, lodged here on BAHAWALNAGAR: President PML Punjab Irrigation Secretary Ali Mur- wah divisions and four sub-divisional that the 16 officials had been suspended. sistant to CM for Sience, Tuesday on complaint of father Fakiro (Z) Ejaz-ul-Haq visited District General He said complaints against the officials Technology and Information Kolhi at SITE police station, 4 men in a car Secretary Anjuman Tajiran Sohail khan's were received and the irrigation secre- Technology Kamran Bangash took her away on Sunday night.Kolhi told residence here on Tuesday. tary had set up an inquiry committee has said that the district ad- that his 14 years old daughter Kiran was He said that he wanted to share his about a month ago. ministration took a positive eldest among 6 siblings, had gone to visit nightmare with Manzor Wasan about the During the inquiry, water outlets in a step in limited resources for Mandir in SITE area around 6 pm that future of Asif Zardari. My nightmare number of canals were found tampered ensuring safety of the provin- day.When they left the temple at around 8 about Zardari's future will prove true, he with. Separately, the secretary sanc- cial capital and its citizens. pm a car stopped by their side on the road claimed, adding that Sharifs politics is tioned 250 cusecs of canal water for He said this while visiting adjacent to the temple. also about to end and there should not be three canals irrigating Cholistan, MPA the District Control Room at The complainant said 3 persons stepped any criticism against government, as Dr Muhammad Afzal told The business DC Office in Peshawar. The out from the car and one of them had a gun Govt not completed its 100 days so far. on Monday. Deputy Commissioner Imran in his hand and they forced Kiran to sit in He said that Govt should get the con- Dr Afzal said that during a meeting Hamid Sheikh briefed the Spe- the car and took her away.Kolhi's sister fidence of the people, while economic between Federal Minister for Housing cial Assistant and informed Lali identified one of the alleged kidnap- policies need home-work. As far as ac- Tariq Bashir Cheema and the irrigation him regarding the operational countability of politicians, he believes secretary in Lahore, the secretary`s at- pers as Fazal Abro, who she claimed had activities and effectiveness of in the rule of law. He said his party tention was drawn towards the canal warned her of kidnapping Kiran 4 to 5 days the same project. On this oc- would participate in the local govern- taza has suspended 16 officials of three officers of Sadigia, Hakra and Fordwah water shortage in the green areas of prior to the incident. casion, Bangash lauded the ment elections and visit was aimed to Canal Divisions on charges of patroniz- canal divisions were issued following an Cholistan and restoration of 250 cusecs importance of control room The family has urged the police author- discuss political scenario of the district ing canal water theft with the connivance inquiry by a committee set up on the of water was demanded, which had been ities to help them recover their daughter for maintaining of law and with Sohail khan. of some influential people. complaints of locals. sanctioned during the Musharraf regime. order situation in the city. — The Business | 09 WORLD STOCKS/COMMODWeIdnTesdaIy, ENoveSmber 14, 2018 Quick Read Indian shares inch lower as banks, pharma drag MUMBAI: Indian shares edged lower on a similar kind of drop in our markets, but that This could bode well for the share market, as Tuesday in line with early weakness in Asian has not happened,” said Sunil Sharma, chief in- structurally low inflation delivers real earnings Hong Kong, peers, due to losses in financials and healthcare vestment officer with Sanctum Wealth Manage- growth, said Sharma. stocks, but gains in oil marketers and an upbeat ment. A decline in crude prices, a set of healthy Sun Pharmaceutical Industries Ltd was the Shanghai stocks sentiment over a strong set of inflation data earnings growth when adjusted for public-sec- top drag on the NSE index, with shares helped cap losses. tor banks, and strong mutual fund flows have falling as much as 3.7 percent ahead of its close with gains The broader NSE index was down 0.16 per- helped stem the losses, added Sharma. quarterly results. Tata Motors Ltd was the cent at 10,465.15 as of 0524 GMT, while the Oil prices fell by around 1 percent on Tues- biggest loser, with the stock down as much HONG KONG: Hong Kong and main- benchmark BSE index was 0.18 percent trading day after U.S. President Donald Trump put pres- as 3.8 percent at a near two-week low. Shares land Chinese stocks rebounded from early lower at 34,751.88. sure on OPEC to not cut supply to prop up the in ICICI Bank Ltd and top public-sector steep losses to end in positive territory on Asian shares, which saw a sell-off earlier in market. lender State Bank of India fell 1.3 percent Tuesday, boosted by bargain-buying, the day after technology stocks dropped India’s retail inflation rate, which includes each. Oil marketing companies cheered the though energy firms dropped with oil overnight on Wall Street, pared losses on hopes food and energy prices, dropped sharply in Oc- decline in crude prices, with Bharat Petro- prices. of a de-escalation of the Sino-U.S. tariff war. tober to 3.31 percent on a year-on-year basis, the leum Corporation Ltd, Hindustan Petroleum The Hang Seng Index added 0.62 per- “What’s notable about our market is that we’re slowest pace in 13 months and below the Re- Corp Ltd and Indian Oil Corp Ltd rising in cent, or 159.69 points, to close at only flat; many participants would have expected serve Bank of India’s (RBI) medium-term target of 4 percent for a third straight month. the range of 3.3 percent-4.3 percent. —AFP 25,792.87, having lost more than two per- cent in the morning. And the benchmark Shanghai Composite Index closed 0.93 percent, or 24.36 points, up at 2,654.88, while the Shenzhen Composite Index, S&P cuts which tracks stocks on China’s second ex- Argentina change, climbed 1.63 percent, or 22.18 Metal traders head to Shanghai for copper points, to 1,383.92. —AFP debt rating PARIS: International conference amid trade war fears ratings agency S&P said SHANGHAI: Metals traders are ar- (CNIA), includes a conference and sem- Tuesday it was cutting European riving in Shanghai for the annual Asia inars, with contract discussions taking Argentina’s rating by one Copper Week event, gathering in China place on the sidelines. notch because of an stock markets at a time when the outlook for demand The October copper concentrate im- “erosion” in the country’s in the world’s biggest consumer of the port volume was the lowest in six growth, inflation and debt rebound at open commodity is clouded by the Sino-U.S. months, potentially strengthening min- profiles. trade war. ers’ hands as they negotiate with The International LONDON: Europe’s main stock mar- Prices for copper, widely used in China’s copper smelters on treatment Monetary Fund last month kets rebounded on Tuesday, with all eyes wiring and construction, have fallen and refining charges (TC/RCs) for 2019 approved a $56 billion loan on heavily indebted Italy, whose populist around 17 percent in 2018 amid fears in Shanghai. package for Argentina — up government is set to defy the EU over its the trade spat will undermine demand The fees, paid by miners to smelters from $50 billion initially big spending plans. for industrial metals. They are set for to process ore into refined metal, fall agreed in June — to help the London’s benchmark FTSE 100 index their worst year since 2015, snapping a when there is insufficient ore supply to government implement a gained 0.2 percent to 7,065.11 points, with two-year revival. meet demand. Miners will argue that tough austerity programme to investors keenly awaiting an announce- “Asia Copper Week will be an impor- will happen next year as Chinese smelt- stabilize the economy. ment that Britain has sealed a deal over tant event this year as the copper indus- ing capacity expands and as mine sup- S&P said Argentina’s long- Brexit. In the eurozone, Frankfurt’s DAX try faces a number of challenges,” said ply growth is limited. term foreign and local 30 jumped 0.7 percent to 11,402.52 points Vanessa Davidson, director of copper re- This year, the market has seen several currency ratings had been and the Paris CAC 40 rose 0.4 percent to search and strategy at CRU, citing Chi- smelter disruptions, noted BMO Capital lowered to ‘B’ from ‘B+’ 5,077.57. Global stock markets had tum- nese restrictions on scrap imports and Markets analyst Colin Hamilton. following a review dating bled Monday, with Frankfurt shedding 1.8 the need for mine investment. The 400,000 tonne Sterlite smelter in back to August. percent, in part on concerns over Tuesday’s China this year tightened thresholds India was ordered shut in May and “There has been an erosion EU-deadline for Rome to revise its 2019 on impurities in scrap metal imports and China’s Northern Copper Industry Co of Argentina’s economic budget. —Reuters slapped a 25-percent tariff on scrap ma- has just closed its 50,000 tonnes Houma growth trajectory, inflation terial from the United States, one of its smelter for a two-year revamp, three dynamics, and debt profile top suppliers, in August. company sources said. Northern Copper following setbacks in China’s imports of unwrought copper last two months. “The macro data aren’t great but did not respond to a request for com- implementing its challenging CBOT soybeans and copper concentrate both fell by 18.7 “Our expectations for next year are some traders are buying copper ag- ment. economic adjustment percent month-on-month in October, al- not too good either,” the fabricator said, gressively,” one said. China’s GDP “Perhaps the simplest thing for all to program,” S&P said in a may test resistance beit from bumper September vol- declining to be identified as he was not grew at its slowest pace since 2009 in do would be to shake hands and roll statement. umes.[TRADE/CN] authorised to speak with media. the third quarter. over (last year’s) terms (for 2019),” “The outlook on the long- A copper fabricator in southern However, two China-based traders Asia Copper Week, organized by Hamilton said in a note. term ratings is stable based at $8.93-3/4 China, who supplies tubes to white said they had seen strong physical buy- Chile’s Center for Copper and Mining The 2018 TC/RC benchmarks were on our expectation that the SINGAPORE: The CBOT soybean goods manufacturers, said orders for his ing of copper despite the anticipated Studies (CESCO) and the China Non- set at $82.25 per tonne and 8.225 cents government will implement January contract may test a resistance at products had dropped sharply over the headwinds. ferrous Metals Industry Association per pound respectively. —Reuters fiscal, monetary, and other $8.93-3/4 per bushel, a break above which measures to stabilize the could lead to a gain to $9.05-1/2. economy over the coming 18 The resistance is established by the 61.8 months,” it added. percent projection level of an upward wave Oil falls after Trump urges International debt ratings C from $8.44-1/2. The wave was disrupted are widely read as a measure by a shallow correction from the Nov. 9 of a country’s economic high of $8.88-3/4. The correction is indeed OPEC not to cut supply health and can have a a pullback towards a short falling trendline. LONDON: Oil prices fell more than 1 per cent on Tues- significant impact on its The wave C has resumed, after the con- day, with benchmark Brent crude slipping below US$70 per borrowing costs as investors tract broke the resistance at $8.84-1/2. barrel and US crude under US$60, after US President Donald demand higher returns from Once it travels above $8.93-3/4, it will be Trump put pressure on OPEC not to cut supply to prop up the those with lower scores. highly likely to extend to $9.24-1/2. A market. S&P said Argentina’s more realistic target will be $9.05-1/2. The US dollar hovered near 16-month highs , making oil austerity programme should On the daily chart, the contract has man- more expensive for importers using other currencies. gradually halt “the aged to hover above a resistance at $8.82. Brent was down $1.03 at $69.09 per barrel by 0900 GMT. deterioration in the financial It is poised to surge towards $9.16-3/4, the US light crude was $1.00 lower at $58.93. Both benchmarks profile and debt burden, 38.2 percent retracement on the downtrend are down 20 percent since peaking at four-year highs in early reversing inflation dynamics from $10.63-1/4 to $8.26-1/4. October. and restoring investor Wang Tao is a Reuters market analyst for "Sky-high production in the US, coupled with incremental confidence.” commodities and energy technicals. The barrels coming from Saudi Arabia and Russia, is starting to If the economy begins to views expressed are his own. —AFP impact oil market balances," Bank of America Merrill Lynch stabilise and elections in analysts said in a note to clients, adding: "Crude oil invento- 2019 do not result in a change ries are starting to increase once again." of direction, then the stage Trump has made it clear he wants oil prices to fall. could be set for a recovery, Nestle raises stake "Hopefully, Saudi Arabia and OPEC will not be cutting oil S&P said. Argentina’s production. Oil prices should be much lower based on sup- economic growth trajectory, in food allergy ply!" the president said in a Twitter post on Monday. inflation dynamics, and debt That led to a sharp price drop on Monday and the sell-off profile following setbacks in drug developer continued into Tuesday. implementing its challenging "This tweet certainly did not help prices," ING commodities economic adjustment NEW YORK: The health science arm strategist Warren Patterson said. program,” S&P said in a of Nestle SA will pay $98 million to raise Extraction from American shale fields over the last decade statement its stake in Aimmune Therapeutics Inc, has propelled US oil production to record highs this year with At the same time the the drug developer said, as it prepares to crude output now at 11.6 million barrels per day (bpd), help- agency warned it could lower submit a marketing application for its ing make the United States self-sufficient in energy. the rating over the next 12 peanut allergy drug by the end of the year. Merrill Lynch says US crude production will break through 12 months “if unexpected The deal raises Nestle’s stake to about million bpd in 2019, supporting oil exports to the rest of the negative political 19 percent from 14.5 percent as of Feb. 26 world. Oil production is not just rising in the United States. developments or uneven and its total investment in Aimmune to Kazakhstan said on Tuesday its oil output rose 4.8 per cent to implementation of the $273 million. The companies also ex- 74.5 million tonnes in the first 10 months of 2018, equivalent to government’s economic tended their two-year strategic pact to de- 1.82 million bpd. Top crude exporter Saudi Arabia has watched austerity program further velop therapies for food allergies by with alarm how supply has started to outpace consumption, fear- damage investor another two years, Aimmune said on ing a repeat of a glut that brought a price crash in 2014. Saudi confidence”. Any wavering Tuesday. “Some investors were worried Energy Minister Khalid al-Falih said on Monday the Organiza- in the government’s that Nestle might sell their original equity tion of the Petroleum Exporting Countries agreed there was a NORWAY: A general view of the drilling platform, the first out of four oil platforms commitment would add to investment in Aimmune. —AFP need to cut oil supply next year by around 1 million bpd from to be installed at Norway’s giant offshore Johan Sverdrup field during the first phase development. the pressure, it said. —AFP China steel prices hold near SoftBank seeks Deutsche’s advice on Saudi power investments lows on weaker demand DUBAI: SoftBank has hired would have a capacity of 200 gi- for technology firms around the MANILA: Chinese steel prices currency extended losses on Monday weakest since late April. Deutsche Bank to advise on its power gawatts by 2030. world. traded near their lowest levels in after its worst week in four months. “In particular, the lowering of prices investment plans in Saudi Arabia, two More details on the project are ex- Saudi Arabia is embarking on a months on Tuesday, weighed down The most-traded January rebar on the by Baoshan Steel suggests that the sea- sources familiar with the matter said. pected to be disclosed in the first push to transform its economy and re- by concerns over weaker demand in Shanghai Futures Exchange closed flat sonal downturn in demand is already The Japanese firm, which is plan- quarter of next year, a third source duce its dependence on oil. It views the world’s top market for the build- at 3,868 yuan ($556) a tonne, having upon us,” ANZ analysts said in a note. ning to invest in a giant solar power said. solar power as a way to cut the ing material. touched a 3-1/2-month low of 3,818 “Supply-side issues had little impact on plant in the kingdom, has also shown Son has defended SoftBank’s ties amount of crude it uses to generate Underlining the downward pressure yuan on Monday. the market.” interest in electricity distribution in with Saudi Arabia following a global power at home and raise its overseas on the Chinese economy amid slacken- Hot rolled coil was also little Major Chinese steelmaker Baoshan the world’s top oil exporter, they said. outcry over the murder of journalist shipments. ing domestic demand and tit-for-tat tar- changed at 3,611 yuan, after hitting Iron and Steel said on Sunday it would One source said SoftBank could Jamal Khashoggi in the country’s Is- The government also wants to pri- iffs with the United States, the yuan 3,561 yuan in the previous session, its cut domestic prices for key steel prod- consider purchasing a minority stake tanbul consulate last month, saying vatize Saudi Electricity as part of ucts for December delivery by as much in Saudi Electricity from the Public wider reforms to its energy sector. It as 200 yuan per tonne. Investment Fund (PIF) sovereign had planned to split the Gulf’s largest Construction activities in China typ- wealth fund. utility firm into separate companies ically slow down during winter, curb- “They want to become a minority that would be offered either to local ing demand for steel. This winter, shareholder of influence,” the source citizens through IPOs or to local or in- China has allowed cities and provinces told Reuters. ternational corporate partners. to set individual production curbs PIF owns a 74 percent stake in But the plan has been delayed as the aimed at tackling smog, instead of re- Saudi Electricity. The other major kingdom reviewed energy subsidies to peating last winter’s blanket restric- shareholder is state oil giant Aramco, cut domestic consumption and reduce tions. Prices of raw materials for which owns a nearly 7 percent stake. waste. steelmaking retreated. Iron ore on the A SoftBank spokeswoman declined The state says it will gradually in- Dalian Commodity Exchange fell 1.7 to comment. PIF and Deutsche Bank crease energy prices until 2020, help- percent to 511 yuan a tonne, coking also declined comment. Saudi Elec- ing the company to achieve a more coal dropped 1.4 percent to 1,333 yuan tricity did not respond to a Reuters re- his firm has a responsibility to Saudi sustainable financial model. and coke slipped 0.4 percent to quest for comment. citizens whose money is invested in To meet rising demand, Saudi Elec- 2,300.50 yuan. In March, SoftBank Group Chief its Vision Fund. tricity has had to increase its capex Spot iron ore for delivery to China Executive Masayoshi Son said he had Saudi Arabia has provided about through borrowing. It has over 160 fell 0.7 percent to $76.40 a tonne on signed an agreement to create the half of the $93 billion raised by Soft- billion riyals ($42.7 billion) of debt, Monday, according to SteelHome con- world’s biggest solar power genera- Bank for the fund, which has become nearly half of it from commercial sultancy. —AFP tion company in Saudi Arabia which one of the primary funding vehicles loans. —AFP The Business | SPWOedneRsday,T NoveSmber 141, 2018 Quick Read 3rd EBM-Peek Freans Pakistan Open Tennis Championship ends

By Our Sports Reporter

LAHORE: Pakistan’s leading biscuit manufacturer, EBM, makers of Peek Freans-sponsored the third iteration of the EBM-Peek Freans Pakistan Open Tennis Champi- onship this year. Organised by the Punjab Lawn Tennis As- sociation (PLTA), the championship was to run from October 21– 27, 2018. This first of its kind open tennis championship, included matches for all ages. The winner of Under-10 and Under-12 tournament was Hamza Roman. Boys U14 trophy was given to Sami Zeb for singles and doubles to Sami Zeb and Hamid Israr. While M. Shoaib received the trophy in the Under 18 category. Muhammad Abid won the trophy for Men’s Sin- gles ; whereas the winners for Men’s doubles were Aqeel Khan and Shahzad Khan. Ushna Sohail bagged the trophy for Women’s Singles and the trophy for Senior's doubles 40 plus was presented to Maj Adnan and Talha Waheed. Senior Men Doubles 45 Plus winners were Rashid Malik and Fayyaz Khan. Seniors 60 Plus trophies were presented to Zahid Zafar and Dr Naveed. Speaking at championship, Shahzain Munir, Director EBM said, “EBM - As the makers of Peek Freans we are happy to be a part of an event of such importance, and are proud to be consistent supporters of sports since the dawn of this company. We hope this tournament gives ten- nis players a chance to showcase their skills, and also take their game to the next level. We are optimistic about this event and its contribution to the development of world class athletes to represent our country in future tennis tournaments worldwide.” EBM pioneered the concept of sports sponsor- ships in Pakistan by being the first corporate entity to spon- LONDON: Chelsea players and staff celebrate winning the FA Cup with the trophy on the pitch at the end of the match sor live satellite telecasts of international sporting events such as Mohammed Ali’s now iconic boxing matches with George Foreman and Joe Frazier in 1974. EBM was also a partner in The World Football Cup that took place in Mu- nich in 1973, and the 1973 Wimbledon Finals. EBM’s con- tinued patronage of sports demonstrates its unrelenting enthusiasm for the promotion of sports and sportsmanship Interesting scenario ahead as teams in Pakistan. Djokovic crushes Isner close to finalise players’ retention in ATP Finals opener KARACHI: With the players each in Platinum, Diamond and will have to lay off one of the bassador or mentor to get a pick draft for the 4th edition of Pak- Gold. Teams can retain up to five three Pakistani players already in top category. Karachi Kings LONDON: Novak Djokovic sent out a warning to his ri- istan Super League just days Silver and two Emerging players. with them in the top category. may do the same with Shahid vals at the ATP Finals on Monday, brushing aside big-serv- away and franchises’ manage- Keeping this in mind, the hot They also have the option of Afridi, if he chose to stay with ing John Isner 6-4, 6-3 to launch his bid for a ment having final discussion over picks in this year's draft will be making a top-category player as the team. They also have Mo- record-equalling sixth ATP Finals title in style. Earlier, in players combination, the PCB AB de Villiers, Mohammad ambassador or mentor to keep hammad Amir, Colin Munro, the same Guga Kuerten group, Alexander Zverev made it six consecutive wins against Marin Cilic in a contest at Lon- has released a list of Diamond, Hafeez, Steve Smith, Corey An- him in roster. Colin Ingram and Babar Azam in don’s O2 Arena featuring scores of unforced errors. World Gold, Silver and Emerging cate- derson, Thisara Perera from Plat- According to PSL rules, teams the Platinum category. They have number one Djokovic, though, was playing a different gory players. inum. are allowed to have one player the option of making Afridi game, appearing little troubled by the howitzers coming off The quest for platinum cate- In Diamond and Gold, teams mentor — anyone who has cap- player mentor and player ambas- the giant Isner’s racquet — breaking his opponent three gory players is also set to become will be looking at players like tained his national team and is in- sador from either Aamir or times and not conceding a single break point on his own more interesting as New Zealan- Ben Dunk, Dawid Malan, Sikan- active for a year or is retired. Babar, which will allow them to serve. In stark contrast to second seed Roger Federer, who der Corey Anderson has also dar Raza, Brendan Taylor, James Narine and Umar Akmal with Teams are also allowed to have have three remaining players as produced an error-strewn performance in defeat to Kei joined the galaxy of stars for the Vince, Tim Bresnan, Ben Cut- Quetta has currently Fakhar one player ambassador. platinum category players. Nishikori on Sunday, Djokovic hit just six unforced errors next edition of PSL as platinum ting, Dan Christian, Ben Laugh- Zaman and Chris Lynn in Plat- Ambassadors and mentors can Two-time champion Islamabad and won 86 percent of points on his serve, making a mock- player. lin, Qais Ahmad and Wayne inum players list. drop one category below their United have Shadab Khan, Fa- ery of the apparent challenging nature of the playing sur- Ahead of PSL players draft Parnell. Qalandars now have their eyes base category. Quetta Gladiators, heem Ashraf, Luke Ronchi as face. “The match was great, obviously,” said the which is scheduled to be held on Players, who agree, may also on South African AB de Villiers who have Shane Watson and Sar- their Platinum players with Mis- 31-year-old. “I had three breaks of serve of John which is November 20 in Islamabad, the drop down from Platinum to Dia- and Pakistan’s Mohammad fraz Ahmed in Platinum category bah already stating that he won’t sometimes mission impossible but I managed to be at the teams will have to finalise their mond, Diamond to Gold and Hafeez and they are likely to re- from previous edition, has this play PSL. With all this scenario right place at the right time. “I held serve well, I backed it retention before the deadline of Gold to Silver, should they go lease Chris Lynn. Peshawar year traded Sunil Narine. If they and likelihood, one can safely up from the baseline, I played very solid and didn’t give November 13. unpicked in their preferred Zalmi have Wahab Riaz, Hassan keep with this formation then say that fans of PSL will have in- him many opportunities.” Speaking about the court condi- tions, he said: “It takes a little bit of time really to get your- Each team can go with 10 re- rounds. Ali and Kamran Akmal as their they won’t have to pick any Plat- teresting time in next few days as self adjusted to the surface… it takes a lot of rotation, takes tentions. This could be any com- Lahore Qalandars, that earlier Platinum players at the moment inum category player from the build up to player draft, which is a lot of spin. When you serve well, also it accelerates bination staying within the limits released Brendon McCullum and they need one foreigner in draft. However, they have this going to entertain them before through the court.” With Cristiano Ronaldo watching on, of a maximum of three players from the roster and traded Sunil the category, which means they option of making a player an am- the mega show. —APP the top seed broke Isner in the fifth game of the first set to establish a stranglehold and never looked like allowing the American eighth seed back into the contest, breaking twice Williams sparks more in the second set to win in 73 minutes. The Serb is a red-hot favourite to draw level on six titles at the season fi- Clippers over Warriors Afridi parts ways with nale with Federer, who faces an uphill task to reach the semi-finals after his loss in his first round-robin match. in overtime upset Djokovic, who replaced the injured Rafael Nadal at the top PSL team Karachi Kings LOS ANGELES: Lou KARACHI: Former cap- of the rankings last week, has stormed up the charts this year Williams scored 25 points tain Shahid Afridi has parted following elbow surgery and a period of indifferent form, from the bench as the Los An- ways with Pakistan Super winning Wimbledon and the US Open along the way. Since geles Clippers upset the League team Karachi Kings, the start of Wimbledon he has now won 32 out of 34 league-leading Golden State after the franchise decided matches. —AFP Warriors 121-116 in a wild not to retain him for the next overtime thriller at the Staples season of the tournament. Fakhar Zaman, Shadab achieve Center. The PSL released the list Williams reeled off 10 of his of players retained by the career-high ODI rankings points in overtime to secure franchises for the upcoming victory after the Clippers season earlier today. DUBAI: Pakistan opener Fakhar Zaman and spinner squandered a 14-point fourth Kings have retained Colin Gulraiz Sadaf. They have Shadab Khan achieved career-high rankings in the latest ICC quarter lead before digging in Munro, Babar Azam and Mo- however retained Yasir Shah one-day international rankings. Fakhar jumped six places to for the win. The 32-year-old hammad Amir in Platinum in Diamond, Shaheen Shah number 11 in the rankings, after his theatrics with the bat in veteran was supported by 23 category, while Colin Ingram Afridi and Anton Devcich in the recently concluded ODI series against New Zealand. The points from the bench by Mon- was dropped one category Gold, and Agha Salman and 28-year-old finished the series with scores of 88 and 65. On trezl Harrell as the Clippers down to Diamond after he Sohail Akhtar in Silver after the other hand, Shadab, who bagged six wickets in the series, improved to 8-5 in the Western was named as the player am- getting Hassan Khan and including four for 38 in the second match, vaulted 16 places Conference standings. The bassador by the franchise. Rahat Ali from Quetta Glad- to number 24 in the bowlers’ rankings. Teenage bowling sen- Warriors remain on top of the Karachi Kings have also iators. They will now go to sation Shaheen Shah Afridi, who took nine wickets in the se- the draft with two picks in West after suffering only their released Luke Wright, ries and won the player of the series award, rocketed 66 Platinum, and all eyes are on third loss of the season. The Usama Mir, Khurram Man- places to sit just outside the top-100 on 118th position. Fast AB de Villiers and Moham- NBA champions are 11-3 fol- zoor, Mohammad Irfan Jun- bowler Hassan Ali, who started 2018 at the top of the bowlers ior and Eoin Morgan. They mad Hafeez. lowing the defeat. rankings, continued to slide. After falling three places fol- will now go to the November Peshawar Zalmi have re- Kevin Durant led the scor- lowing his four wickets, Hasan remains Pakistan’s top-ranked 20th draft without a pick op- tained Wahab Riaz and Has- ing with 33 points while Klay bowler despite his number 13 ranking. —Agencies tion in Platinum category. san Ali in Platinum while Thompson had 31, including Lahore Qalandars, who Kamran Akmal was named five three-pointers. The War- Veteran Shoaib Malik part earlier traded Umar Akmal player ambassador, which riors had trailed for much of and Sunil Narine, have only automatically brought him to ways with T10 League 2018 the game, and appeared to be retained Fakhar Zaman in Diamond from Platinum. For sliding toward a loss before a Platinum category. They the Platinum category, they determined fourth quarter have released Chris Lynn, will have to pick a foreigner. LAHORE: Pakistan senior batsman Shoaib Malik, has rally transformed the contest. announced his departure from the T10 League, citing family and parted ways with Bren- Zalmi have released Tamim A Williams three-pointer had commitments. “I announce with mixed feelings that I will don McCullum earlier. Iqbal, Haris Sohail, Chris put the Clippers ahead by be not be part of Punjabi Legends-T10League to spend time Qalandars have also re- Jordan, Hammad Azam and 101-87 with 6:37 remaining with my family,” said Malik in a tweet post. The veteran, leased Sohail Khan, Mitchell Andre Fletcher, while Hafeez before the Warriors came roar- who has scored over 11,000 runs in International cricket, re- MANCHESTER: Richard Riakporhe fights Sam Hyde during WBA McClenaghan, Mustafizur had already parted ways with ing back. —AFP vealed that his wife Sania Mirza wanted him to play the T10 intercontinental cruiserweight title fight at Manchester Arena. Rahman, Bilawal Bhatti and them earlier. —APP League. “This was a tough decision (sp since my wife thinks I should play) but I want to be with my wife and son more than anything else. Hope you all will understand,” added the veteran batsman. Just days ago, the Celebrity sports couple, Shoaib Malik and Sania Malik, welcomed their first baby ‘Qatar considering offers to host WC teams abroad’ on, as the former Pakistan cricket captain announced the PARIS: Qatar is consid- tional plan, but obviously it Iran and of supporting rad- Asked about whether news on his Twitter handle. —APP ering offers from other will have to be done with ical Islamist groups. Qatar Qatar was prepared to in- countries to host teams dur- FIFA," he said. denies the charges, accus- crease the number of teams Pogba, Martial ruled out ing the 2022 World Cup, "Nothing is decided on ing its neighbours of seek- at the Qatar World Cup to but no decision has been this matter yet and it re- ing regime change. 48, as mooted by FIFA, Al of France squad with injury taken yet, the head of mains under discussion." Al Thawadi said he Thawadi said he was still the organising committee Any move to accept hoped Qatar's neighbours planning for the usual fig- PARIS: Paul Pogba and Anthony Martial have withdrawn told AFP. Iran´s offer would provide would lift a ban on their ure of 32. from the France squad for matches against the Netherlands Iran has recently offered a major boost for the Is- citizens visiting Qatar in "Our preparations right and Uruguay due to injury, the French Football Federation to host teams who will play lamic Republic at a time time for the World Cup, now are for 32 teams, the (FFF) said. The two Manchester United players arrived at in tiny Qatar in the World when the US is trying to which kicks off on Novem- current format. All the France’s Clairefontaine training base but were released fol- Cup which starts in just isolate the country interna- ber 21, 2022. preparations are ongoing lowing assessment by team doctor Franck Le Gall. Pogba was over four years time. When tionally. The country's original based on that," he said. diagnosed with a muscular lesion in his left thigh while Mar- asked whether teams could It could also prove con- pitch in its bid to host the "There's a feasibility tial suffered an adductor issue. Midfielder Pogba missed be based in Iran, chief or- troversial in the Gulf. tournament included plans study undertaken right now United’s 3-1 away defeat by Manchester City in the Premier ganiser Hassan Al Thawadi Since 2017, Saudi Ara- to use facilities elsewhere for a 48-team competition League on Sunday. Forward Martial played 90 minutes and said Qatar had received bia, Bahrain, the United in the Gulf. "I hope the and then a decision will be scored United’s goal from the penalty spot in the second half. "numerous proposals from Arab Emirates and Egypt blockading nations can see taken both by FIFA and task in preparing for the week all but wrote off the The injury setback will be frustrating for Martial, who had countries with regard to have imposed a sweeping the value of this major tour- ourselves as a host nation," World Cup, which was chances of a 48-team tour- fought his way back into the national squad after scoring six hosting teams" around the embargo on Qatar, with its nament and can allow for he added. Accommodating awarded to the tiny desert nament in 2022, saying it goals in his last five league appearances for United. The pair time of the tournament. one-time allies accusing it their people to benefit from another 16 teams would state in 2010. FIFA presi- would be "a difficult chal- "This is part of the opera- of seeking closer ties with this tournament," he said. vastly complicate Qatar's dent Gianni Infantino last lenge". —AFP The Business | INTERNALaThoreI O WednNesdayA, NoveLmber 141, 20118

CHICO: Search teams have Wwas ithle deadfliiesrt eever ind Caeli- adliest in California history, 42 killbleaze din L:o s SAnghelese. riff in burned-out vehicles that were recovered the remains of at least fornia. Authorities reported two more overrun by walls of fire as evac- 42 people killed by a devastat- The fire leveled more than people died over the weekend in uees tried to flee by car in panic, ing wildfire that largely inciner- 7,100 homes and other buildings a separate blaze, dubbed the only to be trapped in deadly ated the town of Paradise in since it erupted on Thursday in Woolsey Fire, that has destroyed knots of traffic gridlock on northern California, making it the Sierra foothills of Butte 370 structures and displaced Thursday night. the deadliest single wildland County, about 280 km north of some 200,000 people in the "It was very scary," Mayor blaze in state history, authorities San Francisco. mountains and foothills near Jody Jones recounted of her said on Tuesday. Honea said the number of Southern California's Malibu family's own harrowing escape The latest death toll, up from people listed as missing in the coast, west of Los Angeles. from their home as fire raged all 29 tallied over the weekend, was disaster remained officially at President Donald Trump on around them. announced by Butte County 228, but added that his office Monday approved a major dis- "It took a long time to get out. Sheriff Kory Honea at an had received more than 1,500 aster declaration for California There was fire on both sides of evening news conference in the requests for "welfare checks" at the request of Governor Jerry the car. You could feel the heat nearby city of Chico after au- from people concerned about Brown, hastening the availabil- coming in through the car," she thorities located the remains of the fate of their loved ones. ity of federal emergency assis- told CNN. Jones said her family 13 additional victims from a He said his office had man- tance to fire-stricken regions of is now living in their mobile blaze dubbed the Camp Fire. aged to confirm the safety of the the state. home parked in a vacant lot. "As of today, an additional 13 individuals in question in 231 of The fires have spread with an Honea said authorities have human remains have been re- those cases so far. erratic intensity that has strained brought in 13 special search- covered, which brings the total More than 15,000 more struc- resources and kept firefighters and-recovery teams to seek out number to 42," the sheriff told tures remained listed as threat- The bulk of the destruction rubble on Thursday night, just in California, Honea said. struggling to keep up with the any further victims from the the news conference. ened on Monday in an area so and loss of life occurred in and hours after the blaze erupted. It also far surpasses the all- flames while catching many res- Camp Fire, and have requested After originally saying it was thick with smoke that visibility around the town of Paradise, The 42 confirmed fatalities time record number of deaths idents by surprise. additional cadaver-dog crews to the deadliest wildland fire in US was reduced in some places to where flames reduced most of marks the largest loss of life from a California wildfire - 29 The remains of some of the assist in the search for human history, Honea clarified that it less than half a mile. the buildings to ash and charred ever from a single wildland fire in 1933 from the Griffith Park Camp Fire victims were found remains.—Reuters

First of 'Bali Driver found guilty Nine' drug mules of murdering six in Democrats gain US Senate seat to return to Australia car rampage Australia MELBOURNE: A driver who deliberately mowed down as Arizona Republican concedes MELBOURNE: The first of shoppers in the heart of Australia's second-largest city, killing a group of nine Australians con- victed for trying to smuggle WASHINGTON: Arizona Re- heroin out of Indonesia in 2005 publican Martha McSally conceded will be released from a Bali jail her razor-thin US Senate race Mon- later this month, Australia's na- day, providing Democrats a key tional broadcaster reported on pickup in a state that has not elected Tuesday (Nov 13). a Democrat to the Senate in three Renae Lawrence, 41, was decades. originally sentenced to life in "I just called Kyrsten Sinema and prison for her role in the drug- congratulated her on becoming Ari- trafficking syndicate but that zona's first female senator after a sentence was later cut to 20 hard-fought battle," McSally said in years and further reduced for a video statement posted on her good behaviour. She is due for Twitter account. release from prison on Nov 21, US networks Fox and CNN called the Australian Broadcasting the race in Sinema's favor. She will Corporation (ABC) reported. replace the retiring Senator Jeff Lawrence's father, Bob, told Flake, a conservative Republican the ABC his daughter was "a who is a critic of President Donald nervous wreck" over the level of Trump. media attention she would re- The victory by Sinema, an Ari- six people and injuring 27, was found guilty of murder by a ceive when she returned home zona congresswoman, will provide and that his daughter had al- jury on Tuesday. Democrats a critical extra vote in the James Gargasoulas, 28, pleaded not guilty to the January ready paid "a very heavy price 100-member chamber, which Re- for her crime". 2017 rampage on Melbourne's Bourke Street, which police de- publicans will still control when the Two of the so-called Bali termined was not terror-related. dust settles from last week's closely- Nine, Andrew Chan and Myu- Bourke Street, a popular shopping and restaurant area, was watched midterm elections. ran Sukumaran, were executed the scene of a deadly knife attack and attempted car bombing With almost all ballots counted TURES DON'T MATCH. Electoral voice for all Arizonans." most hotly contested of 2018, with a in 2015. Another member of the last Friday which police called a terror attack and which left from the Nov 6 election, Sinema had corruption," Trump said on Twitter, Her race was one of three Senate reported US$50 million spent be- group, Tan Duc Thanh Nguyen, two men dead, including the attacker. expanded her lead each of the last citing no proof of wrongdoing. battles that remained undecided. tween the two parties and outside four days. On Sunday evening, died of kidney cancer earlier The Supreme Court jury took less than an hour to find Gar- Sinema, who at 42 will be one of A fierce fight remains in Florida, groups."As long as I've served Ari- this year. gasoulas guilty of 33 charges -- six of murder and 27 of reck- Sinema held a lead of 38,197 votes, the Senate's youngest members, said where authorities are conducting a zona, I've worked to help others see or 1.72 percentage points. The other five are all serving less conduct endangering life. she would be addressing supporters recount in the race for the seat held our common humanity & find com- life sentences.—AFP Those killed included a three-month-old baby in a pram, a Trump weighed in to the Arizona Monday night in Phoenix. by Democratic Senator Bill Nelson, mon ground," she said on Facebook. 10-year-old girl and a Japanese student. race after the election, crying foul "As long as I've served Arizona, who is facing a challenge by Repub- "That's the same approach I'll take Victims and families wiped away tears as the jury foreman when authorities took days to count I've worked to help others see our lican Rick Scott. to representing our great state in the Rival Libya read out the guilty verdicts after the one-week trial, Mel- ballots and used a procedure that al- common humanity & find common Mississippi's Senate race is Senate, where I'll be an independent bourne's Herald Sun reported. lowed voters to confirm their signa- ground," she said on Facebook. headed to a run-off, which is ex- voice for all Arizonans." leaders meet Prosecutor Kerri Judd earlier told the jury that "this is the tures in cases where there were "That's the same approach I'll take pected to be won by Republican in- McSally is famous for being clearest case of criminal liability that you will ever come discrepancies. to representing our great state in the cumbent Cindy Hyde-Smith. America's first female fighter pilot to for first time "Just out - in Arizona, SIGNA- across", the newspaper added.—AFP Senate, where I'll be an independent The Arizona race was among the fly in combat.—AFP PALERMO: Libya's two main rival leaders met on Tues- Jordanian court day for the first time in more CORRECTION OF FATHER NAME CORRECTION OF FATHER NAME than five months, as Italy hosted sentences nine a conference seeking to recon- militants Saudi king to tour northern AMMAN: A court in Jor- dan on Tuesday sentenced region next week, reports SPA nine militants to prison terms RIYADH: Saudi Arabia's King Qassim and Hail provinces, north of Turkish President Tayyip Erdogan ranging from three years to Salman will resume a domestic tour the capital Riyadh. He was accompa- has said the order to kill Khashoggi I Waqas have fail the Sec- I Shafiq Ali have Passed life for a shooting rampage next week, the royal court said on nied for parts of that trip by his came from the highest level of the ondary School Annual/Sup- the Secondary School An- two years ago in an ancient Tuesday, as the country grapples with favourite son and heir apparent Crown Saudi government, although he did not ply Examination 2015 under nual/Supply Examination castle in the southern city of its worst political crisis in a generation Prince Mohammed bin Salman. believe King Salman himself was in- Roll No 185237 from B.I.S.E 2014 under Roll No 215944 Karak that killed 10 people, over the murder of journalist Jamal The tours are the latest public out- volved. After initial denials, Saudi of- Khashoggi. reach by the king, apparently intended ficials acknowledged the killing was Lahore. My Father's name is from B.I.S.E Lahore. My Fa- including a Canadian tourist. ther's name is Sona wheras The court said the group of The king, 82, will meet citizens and to shore up the power of the crown planned in advance but said Prince Sharoon Rafi wheras on launch development projects in north- prince, who has taken over day-to-day Mohammed had no knowledge of the cile the country's rulers a week my certificate my father’s on my certificate my fa- nine were involved in helping after the United Nations shelved ther’s name has been men- Islamist militants in attacks on ern areas including Waad al-Shamal rule but whose international reputation specific operation. The 33-year-old name has been mentioned as industrial city, according to a statement was battered since Khashoggi was crown prince is on course to become plans to hold an election next Aamar Bhatti which is in- tioned as Mirza Sona Urf the area surrounding an an- month. Abdur Rasheed which is cient crusader castle. carried by state news agency SPA. killed inside the Saudi consulate in Is- the first Saudi monarch from a new correct. Last week, King Salman visited tanbul on Oct. 2. generation in 65 years.—AFP Prime Minister Fayez al-Ser- I want to get changed my incorrect. The gunfights also left four raj, whose weak but internation- father's name from Aamar I want to get changed my militants dead. ally recognised government is father's name from Mirza The state security court based in western Libya, met the Bhatti to Sharoon Rafi. If Sona Urf Abdur Rasheed any person/organization/ found them guilty of "abetting commander who rules most of to Sona. If any person/orga- terrorist acts that led to the Israel-Gaza border ignites in most the east, Khalifa Haftar, in agency have any objection nization/ agency have any then the same may be inti- death of human beings" and Palermo, Sicily, an Italian gov- objection then the same committing "terrorist acts mated in writing to the Sec- may be intimated in writing serious fighting since 2014 war ernment source said. using automatic weapons". evacuate. Haftar had flown to the con- retary, Board of to the Secretary, Board of View shows the remains of Militants from al Qaeda ference on Monday evening and Intermediate and Secondary Intermediate and Secondary Hamas's TV station building and other radical jihadist was holding meetings on the Education, 86- Mozang Education, 86- Mozang that was destroyed by Israeli air strike groups have long targeted the sidelines, despite having said he Road Lahore within 15 Road Lahore within 15 A view shows the remains of Hamas's U.S.-allied kingdom and would not participate. A photo days. days. TV station building that was destroyed dozens of militants are cur- showed him meeting Serraj in rently serving long prison by Israeli air strikes. Prime Minister Benjamin Ne- the presence of Italian Prime CORRECTION OF FATHER NAME CORRECTION OF FATHER NAME terms. King Abdullah, an ally Mininster Giuseppe Conte. of the Western powers against tanyahu convened his security cabinet on Tuesday to discuss Israel's next More than eight years after Islamist militancy and a de- long-serving dictator Muammar fender of Jordan’s peace moves, and the military said it had Gaddafi was toppled by West- treaty with Israel. —AFP sent infantry and armoured reinforce- ments to the Gaza border. ern-backed rebels with NATO A statement issued by militant air support, no central authority groups in Gaza said Ashdod, a major has asserted control over Libya Israeli port, and Beersheba, the and armed groups control the I Muhammad Nadeem Muhammad Imran Have biggest city in southern Israel, would streets. Shah S/O Charag Shah Sabar Passed the Secondary School be hit next if Israel didn't cease fire. The United Nations has have passed Secondary Annual/Supply Examination Egypt urged Israel to back down. blamed a spike in violence for JERUSALEM: Palestinian mili- botched Israeli commando raid in its decision to shelve plans to School Examination,2016 2015 under Roll No 210324 The United States, whose peace medi- tants kept up their most intense rocket Gaza that killed one of its command- hold an election next month. It under Roll no 163548 from from B IS E Sahiwal My Fa- ation has been stalled since the seven- Board of Intermediate and fire on Israel since the 2014 Gaza war ers and six other gunmen. An Israeli week war in 2014, condemned still aims for a vote next year, ther's name is Waryam where on Tuesday (Nov 13), drawing Israeli colonel was also killed in the incident. Secondary Education Sahi- Hamas. but says Libyans should first de- as on my certificate my father air strikes against Hamas's television Palestinian girl walks up the stairs wal. My father’s name is "The escalation in the past 24 hours cide what sort of election they s name has been mentioned station and other targets. of her family house that was damaged want to hold. Charag Shah Sabar. Whereas is EXTREMELY dangerous and reck- as Muhammad Waryam The flare-up, in which five Pales- in an Israeli air strike. A Palestinian less," tweeted Nickolay Mladenov, a Italy, the former colonial on my certificate my father’s which is incorrect. tinians, four of them militants, and a girl walks up the stairs of her family power which has large oil and name has been mentioned as UN Middle East envoy. "Rockets I want to get Changed my civilian in Israel were killed, threat- house that was damaged in an Israeli gas interests in Libya and has Muhammad Charag Shah. must STOP, restraint must be shown father's name from Muham- ened to derail efforts by the United air strike. been working to halt people- Which is incorrect, I want to by all!". Lieutenant-Colonel Jonathan mad Waryam to Waryam. Nations, Egypt and Qatar to broker a Sirens in southern Israeli towns and Conricus, an Israeli military smuggling from the Libyan get change my father’s name If any person/orgnaiza- long-term truce and head off another the port of Ashkelon sent residents spokesman, said it estimates that coast across the Mediterranean, from Muhammad Charag major conflict in the impoverished en- rushing to bomb shelters. Several tion/agency have aby objec- Hamas and the Islamic Jihad group had called the summit in an ef- Shah to Charag Shah Sabar. clave. homes were hit and the military said fort to reconcile Libya's com- tion then the same may be have more than 20,000 rockets and If any person/agency/organi- Hamas, Gaza's dominant Islamist Israel's Iron Dome anti-rocket system mortars of varying calibres and ranges peting factions. zation has any objection, intimated in writing to the movement, and other armed factions intercepted more than 100 rockets and Haftar, a former officer in secretary, Board of Interme- that are capable of reaching Israel's same may intimated in writ- launched more than 400 rockets or mortar bombs. main cities of Tel Aviv and Jerusalem. Gaddafi's military who lived for ing to Security Board of In- diate and Secondary Educa- mortar bombs across the border after Israel responded with dozens of air Violence has simmered since Pales- years in exile in the United termediate and Secondary tion, Muhammad Imran S/o carrying out a surprise guided-missile strikes against Gaza buildings includ- tinians launched weekly border States, has emerged as the Education Sahiwal within 15 Waryam Cast Blooch 8 11L attack on Monday on a bus that ing a Hamas intelligence compound protests on March 30 to demand the leader of the most powerful days. Candidate’s name Tehsil Chichawatni District wounded an Israeli soldier, the mili- and the Al-Aqsa Television studios, easing of a blockade on Gaza and armed faction, having defeated Muhammad Nadeem Shah Sahiwal Withi n 15 d ay s tary said. whose employees had received ad- rights to lands lost in the 1948 war of Islamist militants in the east S/O Charag Shah Sabar. Mobile No: 0302-3715990 Hamas said it was retaliating for a vance warnings from the military to Israel's founding. —AFP with support from Egypt and 12 Pakistan gives great importance Qaim files petition in SHC to its ties with Poland: zaidi seeking pre-arrest bail ISLAMABAD: Minister for Maritime Ali Zaidi said that Pak- KARACHI: Former CM Sindh Syed Qaim Ali Shah has filed istan gives great importance to its relations with Poland and the The a petition in the Sindh High Court seeking pre-arrest bail in land two countries are cooperating each other in various sectors in- allotment case. Former CM Sindh took the plea that he has no cluding military, economical and culture. Speaking at a ceremony objection on NAB’s inquiry but it should be restrained from ar- in connection with the 100th Anniversary of Poland, the federal resting him. It has been further said in the petition that he is minister said that the govt wants to further enhance bilateral ties ready to extend cooperation to NAB in inquiry but court should with Poland in many sectors. At this occasion, Polish Ambassador issue orders to NAB not to arrest him. It is vital to mention here Piotr Opalinski addressed participants in Urdu language. —On- LaBhore, Weudnesdays, Noviembner 14, 20e18 Rabsi-ul-sAwal 05, 1440 that NAB is doing investigation in case pertaining. —Online

FBR refuses to SBP asks public not give details to to share personal JIT in Swati case ISLAMABAD: The Federal Board of details on fake calls Revenue (FBR) has refused to cooperate By Our Staff Correspondent with the JIT formed by the SC to deter- mine the assets of Federal Minister for LAHORE: The State Bank of Pakistan (SBP) has ad- Science and Technology Azam Swati. vised people not to share their personal information like According to media reports, JIT head CNIC number, bank account number, password, etc. on Mirwaize asked the FBR for details re- fake calls from individuals impersonating as officials of garding Swati’s income tax and wealth SBP. They are also advised to inform such incident to statements, but the FBR refused to do so the law-enforcement agencies and contact their banks citing prohibitions under Section 216 of immediately in case of any loss arising due to leakage Income Tax Ordinance 2001. of personal information. The bureau is bound to keep the infor- It has been noticed that time and again fraudsters mation of taxpayers confidential under the make phone calls to individuals, impersonating as offi- section. The FBR also pointed out that offi- cials of SBP or other agencies, seeking personal infor- cers, who violate the section, could be sen- mation regarding their deposit accounts maintained with tenced to fine and imprisonment. —Online commercial banks and threatening that their accounts will be closed or frozen in case of non-verification of their credentials. According to a SBP press release earlier issued on Au- Zardari, Faryal gust 7, 2018, it is reiterated that SBP/banks/micro finance banks do not seek personal details including PIN, CNIC bail extended up number, one time password (OTP), accounts number, etc. from the account holders on telephone calls. Public is to December 10 again advised not to share their credentials/personal infor- KARACHI: The Banking Court (BC) mation on such calls with any individual and report details C has extended bail of former President Asif of these calls to SBP helpline at 021-111-727-273 or email Ali Zardari and his sister Faryal Talpur till at [email protected]. M Dec 15 in Money laundering case. RAWALPINDI: Chief of the Army Staff (COAS) General Qamar Javed Bajwa presides over Asif Ali Zardari and Faryal Talpur ap- Y the Corps Commander Conference at the GHQ. peared in BC Karachi Tuesday. K The learned judge conducted brief Sukkur-Multan hearing of the case. Faryal Talpur left the court soon after marking her attendance. Asif Ali Zardari reached the court late. Motorway to be He left the court without marking his at- tendance. The learned judge said Asif ready by Aug year Ali Zardari attendance has not been Govt lacks ability, skill, ISLAMABAD: Construction work of 392-kilometer marked and he has gone without mark- Sukkur-Multan Motorway is going on swiftly and is ing his attendance. The court said Asif likely to be completed in time and become operational Zardari should be called again. Former by August next year. president again came to banking court An official of National Highway Authority (NHA) over and marked his attendance. planning strategy: CJP 70 percent of total work has been completed, out of which The court while extending the bail in The Business Report cancel lease of the companies the court would not allow the remarked. He told the represen- 392 kilometer roadbed and culvert passage, and other respect of both of the accused adjourned who fail to fulfill the rules. water resources to be polluted tative that he had found “mixing” structures have been completed. He said all the bridges are the hearing of the case till December 10. ISLAMABAD: Additional Furthermore, SC had ordered and depleted, “even if the com- in the bottled water four times. near completion, and asphalt pavement works are advanc- Zardari and Faryal were released on Attorney General Nayyar Abbas the concerned authorities to de- panies have to shut down”. Environmental expert Profes- ing at full speed, and the building construction and ancil- bail and last time they had appeared in Rizvi on Tuesday has submitted molish illegal constructions in “This is no longer [only] about sor Dr Ahsan Siddiqui informed lary works also being implemented actively. the court on September 25. —Online Capital Development Authority surroundings of Nala Korang, taxes, this [issue] has turned into the court that the mineral water (CDA) report over unplanned Bani Gala, following the recom- a scandal,” the top judge ad- companies in question did not The 33 km Multan-Shujaabad section of the project structures in Bani Gala in mendations of Survey of Pak- dressed a representative from one even possess equipment to was inaugurated early this year but it could not be opened Supreme Court (SC). istan (SP). Additional Attorney of the mineral water companies. check the water quality, and to traffic due to incomplete work of the section, the offi- Saad Rafique files During the hearing, Chief Jus- General said that Nala Korang “It should not be called ‘min- they had also not obtained any cial said. The motorway is a major component of the tice Mian Saqib Nisar said that was full of garbage due to which eral’ water, it should be called certificate from any environ- China Pakistan Economic Corridor with the bulk of fi- the government lacks ability, skill its water flow was stopped. ‘bottled’ water,” he remarked. mental organisation. nancing to be distributed by various Chinese state-owned petition against and planning strategy to resolve CJP lambastes mineral “Billions of rupees’ worth of The professor told the court banks, he said adding that the Pakistani government in the issues. The owners have to water Cos for depleting groundwater has been extracted that a single plant of a company January 2016 awarded the contract to build this section to Lahore NAB DG pay off the fines for their illegal groundwater reserves [by these companies]. extracts approximately 0.1 mil- China State Construction Engineering. The Business Report constructions as the fee has also Chief Justice Mian Saqib Nisar Who will account for this?” lion litres of water per hour. The The purpose of the motorway is to provide a high- been reduced, he remarked. on Tuesday reprimanded mineral Chief Justice of Pakistan Mian groundwater level has receded speed, six-lane toll road facility for efficient and safe LAHORE: Pakistan Muslim Earlier, the top judge had di- water companies for “extracting Saqib Nisar questioned. from 100ft to 400ft, he added. transportation of passengers and goods to and from in- League-Nawaz (PML-N) leader Saad rected the premier to set an ex- billions of rupees’ worth of The top judge told the repre- The director-general of envi- dustrial and economic hubs of the country. The road is Rafique on Tuesday filed a petition in ample for others by becoming the groundwater” and not paying sentative that the court would ronment informed that none of being built after a framework agreement between the gov- the Lahore High Court against NAB first one to pay fine for regulari- enough taxes on it. not allow for the nation’s loss, the mineral water companies has ernments of Pakistan and China, he said. DG Lahore Saleem Shahzad. sation of his Bani Gala land. Resuming hearing of a suo even if it meant the mineral been paying even a single rupee Starting from Multan the six-lane motorway would pass In his petition, the PML-N leader Imran Khan raised this issue motu case pertaining to alleged water companies had to shut to the government. through Jalalpur Peerwala, Ahmed Pur East, Rahimyar stated, “Saleem Shahzad has become a and now when he has become exploitation of water resources down their industry. He told the court that the Khan, Sadiqabad, Ubaro, Pano Aqil and end at Sukkur. party against PML-N and his recent PM of Pakistan, everything is in by mineral water companies in “[We] will not let the people wastewater is released back into The project would consist of 54 bridges including one media interviews prove that. When he is his hands, he added. The CJP had the country, Chief Justice of Pak- die of thirst, just for the sake of the ground, which serves to pol- major bridge on River Sutlej. The motorway will have no longer an independent person then also ordered the committee to istan Mian Saqib Nisar vowed your profits,” the Chief Justice lute the groundwater further. 12 service areas, 10 rest areas, 11 interchanges, 10 fly- how can the inquiries be transparent?” overs, and 426 underpasses. “NAB DG Lahore is conducting a Its interchanges are located at Multan, Shujaabad, media trial of PML-N members and Jalalpur Pirwala, Uch Sharif, Taranda, Zahir Peer, Ba- sharing confidential information per- hadarpur,Guddu,Ghotki,Pano Aqil, Sukkur, Bahawalpur taining to inquiries on TV channels,” Road, Lodhran Road, Alipur Road, Chachran Sharif the petition added. Further, the PML-N APTMA suggests JVs to Road,Kaman Bhutta -Sadiqabad Road, and Sadiqabad leader requested the court to direct the Kashmore Road, JDW Unit 3Sugar Mill Road and NAB DG Lahore to not appear on talk Grand Trunk Road. —Online shows. “All inquiries of PML-N lead- ers under NAB DG Lahore should be Chinese textile delegation transferred,” he urged. By Our Special Correspondent delegation representing sub-council of tex- ment and JVs in Pakistan’s textile industry. tile industry CCPIT and Office of Interna- He also briefed the delegation about the ADB to fund $300m LAHORE: The All Pakistan Textile tional Trade of China Natioanl Textile and textile industry structure in Pakistan, market Mills Association (APTMA) Punjab Chair- Apparel Council (CNTAC) during its visit to strength, investment policy of Pakistan, set- FBR man Adil Bashir has suggested a way for- APTMA Punjab on Tuesday. Chairman ting up of Special Economic Zones, and for four cities civic Continued from Front Page ward to the Chinese textile industry APTMA Punjab briefed the delegation about prospective areas for JVs. associations, showing an interest in carry- the growth opportunities in the textile indus- The Chinese delegation consisted of China facilities: Aleem to wear prescribed uniform in winter ing out Joint Ventures (JVs) with the tex- try of Pakistan and the government efforts to National Textile & Apparel Council, China and summer, but the inspector have never tile industry in Pakistan. make the industry viable besides setting up Dyeing and Printing Association, The Sub- By Our Staff Reporter been granted officially uniform from the He said a special line of credit from China special economic zones and a garment city. Council of Textile Industry, Jiangsu Province department and they buy uniform, shoes can be set up for new investment and form- He informed the delegation that a good Textile Industry Association, Jiangsu Gar- LAHORE: The Asian Development Bank (ADB) to and other badges from their own salary ing JVs with Chinese firms under pay as you number of closed textile units in Pakistan ment Association, Qingdao Phoenix Printing fund $300 million for the up-gradation of infrastructure on which a thousand rupees are spent. earn scheme on buying back basis to en- with plug and play facility were available & Dyeing Co. Ltd, Jiangsu Haoye Fibre and present civic facilities in four cities of Punjab while Even by the department, no washing al- courage investment and bilateral trade. where Chinese entrepreneurs have extensive Technology Co. Ltd, Wujiang Shengwei the Punjab Govt would add $50m in the same programme. lowance is given for the uniform. He has also offered the identification of opportunity to start joint ventures. Bauhinia Textile Co. Ltd and The Sub-Coun- Senior Minister Punjab Abdul Aleem Khan has directed They demanded complete uniform in prospective investors from Pakistan for While highlighting the opportunities for cil of Textile Industry, CCPIT. the Local Government & Community Development De- all respect as well as washing al- matchmaking by industry associations and Chinese investors in Pakistan, APTMA Pun- Head of the Chinese delegation Mr Xu partment to ensure transparent use of funds and observe lowance, should be supplied/provided to exchange of information and latest develop- jab chief said the initiatives like CPEC in- Yingxin and other members showed their all rules and regulations in this regard. Under this program the Inspector Customs by the depart- ments by respective associations besides vestment corridor, regional textile interest in the APTMA proposals, saying cities of Sargodha, Muzafargarh, Rahim Yar Khan and Ba- ment and the amount they have spent for opening up of one widow facility for production-consumption hub, PTA/FTA with that a Memorandum of Understanding can hawalpur would be benefitted and it is the second phase purchasing the uniform along with other prospective investors and video linked forum China and Turkey, availability of EU GSP+ be signed between APTMA and CNTC to of Punjab Intermediate Cities Improvement Investment article during the past service should be for overcoming language/travel barriers. facility up to 2023 and growing domestic ensure a large scale investment in Pak- Programme while in the first phase civic facilities in returned to them. He was sharing his views with a Chinese market are golden opportunities of invest- istan’s textile industry. Sialkot and Sahiwal were upgraded.

C FPCCI should play effective M Y role in policy-making: ICST K By Our Staff Correspondent tanced itself from the national duty cant intellectual contribution and of projecting Pakistan’s potential at its international relations depart- ISLAMABAD: Islamabad international trade, investment, and ment which has published more Chamber of Small Traders (ICST) economic events. than 100 reports and surveys dur- on Tuesday asked the government “All over the world the responsi- ing 2015 and 2016. Every year to restructure FPCCI and introduce bility of economic diplomacy and FPCCI forms around 150 standing meaningful reforms in the organisa- development has largely been Committee’s and a number of busi- tion so that it can play an effective shifted from governments to private ness councils, but we don’t see any role in a policymaking. sector institutions,” he added. input from these bodies. The FPCCI should be mod- Shahid Rasheed Butt said that These committees are divided ernised through its regulator which the apex trade bodies are used pro- into Vice Presidents of FPCCI to is vital for the country at this time, mote economic diplomacy and it look after the affairs which is it said. The FPCCI being an apex has become a global trend to utilize against the principals. During the trade body of the country should be the strength and capacity of such last four year the private sector has- forwarding recommendations to the private sector representative bod- n’t found an effective role of FPCCI government on every sector of the ies but FPCCI has failed to raise its Committees and at the yearend, economy but it has been acting like voice and advocate its economic they stand dissolved without any a district chamber of commerce policies at the international plat- outcome. Similarly, the R&D sec- since long which is unfortunate, forms. He believed that FPCCI can tion of the FPCCI is practically dys- said Dr Shahid Rasheed Butt, ICST. learn a lot from FICCI (Federation functional, regardless of the fact The FPCCI has restricted itself to of Indian Chambers of Commerce that appointments have been made press releases, seminars and meet- and Industry) which has played a in it but productivity remains zero. ings with the government officials significant role in the success of Pakistan is facing economic iso- which is not acceptable at all, he the Indian economy. lation, and at this time FPCCI needs added. Shahid Rasheed Butt said The FICCI participates in Indian to play a bigger role as an apex LAHORE: Prime Minister’s Advisor on Commerce Abdul Razak Dawood cuts the ribbon to that the FPCCI has regrettably dis- foreign policy through its signifi- trade body of the country. inaugurate the first international cement conference (Intercem).

PRINTED AT TIJARAT PRINTERS FOR TIJARAT PUBLICATIONS AND PUBLISHED BY IRFAN ATHAR FROM TIJARAT HOUSE, 14-DAVIS ROAD, LAHORE. GROUP EDITOR RIAZ AHMAD CHAUDHRY EDITOR FAISAL ALI GHUMMAN