02062016Sat
Last update: Sat, 06 Feb 2016 05am

Pakistan - General News

US, Pakistan Sign MoU for 7th Phase of S&T Programme ISLAMABAD: David Hale, Ambassador of the United States in Pakistan and Dr. Mukhtar Ahmed, Chairman, Higher Education Commission (HEC) on Thursday signed a Memorandum of Understanding (MOU) here for the seventh phase of Pak-US Science and Technology Cooperation Programme.The MoU will provide more than $8 million in joint funding for high-level collaborative research in science and technology, with a new focus on health and other fields such as water, energy, and information technology.Minister of State for Federal Education and Professional Training, Engr Muhammad Baligh-ur-Rehman as a chief guest on the occasion appreciated the US Government for its educational cooperation with Pakistan.He said that the 7th phase of the programme will bring about valuable innovative researches in critical areas.Minister of State said the joint collaboration will promote research activities in Pakistani universities and will benefit the society as a whole.Highlighting the government initiatives for promotion of higher education in the country, ...

Pakistan - General News

Shahid Afridi conferred CSR award by NFEH KARACHI: Shahid Khan Afridi, seasoned cricketer and also the chairman of Shahid Afridi Foundation (SAF), has been conferred the 8th Corporate Social Responsibility by National Forum for Environment and Health.The ceremony to confer CSR award to Shahid Afridi was held here at a local hotel the other day where NFEH President, Muhammad Naeem Qureshi presented the award to the SAF chairman, said a press release issued here Thursday.The CSR award was conferred to Shahid Afridi ...

Pakistan - Business & Economy

High-end new markets identified, accessed to increase fruits export ISLAMABAD: The government is undertaking various export promotional activities through trade exhibitions, identified and accessed high-end new markets to increase export of Pakistani fruits.The high-end markets are South Korea, Australia, Lebanon, United States (US), Mauritius, Bulgaria, Sweden, Latvia and Ireland.Citing the steps taken by the government to achieve exports target of Pakistani fruits, the sources at Commerce Division on Thursday said Ministry of Commerce under Strategic Trade Policy Framework 2012-15 announced subsidizing 50 percent cost ...

Pakistan - Industries & Sectors

PR to inaugurate Parcel Express Train on Feb 10 ISLAMABAD: Pakistan Railways is set to inaugurate new Parcel Express Train from Lahore-Karachi-Lahore via Faisalabad on February 10.The running time of Parcel Train from Lahore to Karachi will be around 22 hours, a senior official in the Ministry of Railways told APP."It was another important milestone of Pakistan Railways towards easy and speedy delivery of the cargo that will run initially twice a week from both sides," he said.While elaborating salient features of the train, ...

Pakistan - General News

PM accepts resignation of Chairman PIA Nasser Jafar ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Thursday accepted the resignation of Chairman Pakistan International Airlines Nasser Jafar, a spokesperson of the PM House said.The Chairman of the national flag carrier had tendered his resignation following the nation wide strike by its workers, against the proposed privatisation of the airline.According to the PM House Spokesperson the Secretary Aviation has been given the additional charge of the airline.PIA sources said the airline has suffered losses of ...

Pakistan - Banking & Finance

Torkham Customs Station earns Rs 4bn revenue annually PESHAWAR: Torkham Customs Station is earning monthly revenue of about of Rs.361 million and nearly Rs.4 billion annually for Federal Board of Revenue (FBR).This was stated by Deputy Collector, Torkham Customs Station, Najeeb Arjumand while briefing a group of journalists regarding trade activities at Torkham the other day.He said that the construction of best quality road from Peshawar to Torkham has increased trade through shortest route to Afghan capital Kabul and other parts Afghanistan manifold. ...

Pakistan - General News

Pakistan to host D-8 Trade Ministers' Council Meeting ISLAMABAD: Pakistan will host the Trade Ministers' Council Meeting of the D-8 to deliberate upon the status of Preferential Trade Agreement among the contracting parties which is in advance stage here on February 17.Pakistan will be the chair of this Trade Ministers' Council for the first time.The members would discuss the tariff reduction lists provided so far by the members states.As of now, Indonesia, Malaysia, Nigeria, Pakistan, and Turkey have submitted their lists, said a ...