National Herald Tribune : 2020-08-27

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NAB decides ... Continued from front page license case. The details of his private and foreign trips had also been sought, while details of inherited property were also sought. Buzdar had also been asked about details regarding gas, electricit­y, telephone and mobile-phone bills and the number of employees he has. The antigraft watchdog had also sought details of assets purchased, leased or received in the form of auctions and gifts. The bureau also asked the chief minister to provide details of when and to whom the assets not owned by Usman Bazdar were sold. The news channel said that Buzdar was also asked to provide his personal bank accounts, family members or credit cards in his name, loans and other details. Previously, the chief minister had appeared before a Combined Investigat­ion Team of the National Accountabi­lity Bureau in Lahore without security and protocol. - DNA ISLAMABAD, August 26: Minister for Science and Technology Fawad Chaudhry has announced that electric buses will start plying in the country this year, adding Pakistan would be the first country in Asia that will have electric vehicles. Fawad Chaudhry said this while speaking at the signing ceremony of a memorandum of understand­ing (MoU) between Daewoo Pakistan Express Bus Service Limited and Skywell Automobile (Chinese firm) here on Wednesday. The MoU will lead to introducin­g an electrical vehicles chain in Pakistan which will help reduce air pollution as well. In the first phase, $50 million will be invested in building infrastruc­ture; while in the second phase, manufactur­ing of electric buses will start in Pakistan within the next three years. The minister termed it a breakthrou­gh in fulfilling another promise made by the Pakistan Tehreek-e-Insaf (PTI) government to take the country to progress. He said in the next three years, these electric buses will be completely manufactur­ed in Pakistan. He said the PTI government is working to promote Pakistan's new energy vehicles policy. He said that the strategic alliance agreement will set up electric vehicles value chain in Pakistan. Speaking on the occasion, Chinese Ambassador Yao Jing said the government­s and peoples of the two countries are working together for developmen­t and strengthen­ing of bilateral ties. He appreciate­d the role of Pakistan in providing facilities to the private sector for strengthen­ing business to business relationsh­ip between the two countries. He said several power plants are also being set up under the China-Pakistan Economic Corridor to overcome power shortage.-TLTP President Inter-Parliament­ary Union Ms. Gabriela Cuevas Barron is meeting Chief Minister of Punjab, Usman Buzdar in Lahore on Wednesday. Imran Khan urges Afghan leaders to seize ... Continued from front page Pakistan's support in the Afghan peace process. "We reiterated on the unique opportunit­y to reduce violence, start [Intra-Afghan] talks and pursue a path to a dignified and durable peace," the Afghan leader said, of his conversion with the premier. "I thanked the PM for invitation, and [will] visit Pakistan in near future," he added.-DNA The premier reiterated Pakistan's commitment to further deepen brotherly ties and enhance cooperatio­n in all fields. PM Imran invited Dr Abdullah to visit the country as soon as possible to exchange views on advancing the Afghan peace process and forging closer ties between the two countries. Meanwhile, in a tweet, Dr Abdullah appreciate­d is the only way forward. Pakistan looks forward to the commenceme­nt of IntraAfgha­n Negotiatio­ns at the earliest, the premier added, He also underscore­d the importance of PakistanAf­ghanistan bilateral relations, that are based on common faith and culture, shared history and fraternal bonds between the two countries. ISLAMABAD, August 26: : Egypt has expressed interest in developing government to government (G2G) cooperatio­n in the energy sector of Pakistan to give a boost to economic relations between the both countries. This came to light on Wednesday when Tarek Dahrough, Ambassador of Arabic Republic of Egypt to Pakistan, called on Special Assistant to Prime Minister on Petroleum Nadeem Babar here at the Ministry of Petroleum. The Ambassador was leading a delegation of an Egyptian Energy Company TAQA with focus to explore the business opportunit­ies in the field of energy sector of Pakistan. The Egyptian company expressed interest in investing in the energy sector including areas of power generation, transmissi­on and distributi­on, projects related to renewable energy as well as in LNG, CNG and gas distributi­on sectors of the country. The delegation thanked the SAPM for the presentati­on on the energy sector and expressed keen interest to develop the footprint of the company in Pakistan. The ambassador visioned hope that the G2G relation between Egypt and Pakistan would be forged in the energy sector to further the economic ties between both countries.-TLTP Special Assistant to Prime Minister on Petroleum Nadeem Babar gave an overview of Pakistan's energy sector and the presented government's earnest endeavours in reforming the energy sector of the country. He said that these efforts are being personally overseen by the Prime Minister Imran Khan himself. The SAPM also reaffirmed Pakistan's commitment to cleaner fuels and green energy and said that Pakistan's energy mix would be diversifie­d by injecting more hydel and renewable sources in the national grid. He foresaw the share of renewable energy to increase by 20 percent by 2025 and 30 percent by 2030. Three ... Continued from front page nabbed terrorists, said the DPO. Initial investigat­ion revealed that one of the terrorists was in contact with a commander of a banned outfit in Afghanista­n. "Sims of Afghanista­n were also recovered from custody of arrested terrorists", the DPO said. All three terrorists were handed over to the Counter Terrorism Department (CTD) for further investigat­ions. Earlier, in the month of June, the Counter-Terrorism Department (CTD) of police had claimed to have killed four alleged terrorists during an encounter near Torkham Border in Khyber Pakhtunkhw­a. The CTD officials conducted a raid at a house in Mattani village on a tip-off about the presence of criminal elements in the area. -TLTP FIA opens money laundering probe against ... Continued from front page Companies of Pakistan (SECP) has been asked to provide details of all companies registered in the name of Jahangir Tareen. - TLTP sought. The FIA probe team has also summoned the record of properties of the PTI leader's son Ali Tareen. The Security Exchange sent letters said details of assets of 22 people, including Jahangir Tareen and members of his family, have been Army's relief efforts in full swing as Karachi ... Continued from front page up to 272mm was recorded at Masroor Base in 2007, whereas, the August 2020's downpour was recorded up to 228.5mm and is still continuing. In 1979, 262.5mm rain had been recorded in MOS Old Airport while the recent downpour was 168.9 in the same area. According to the Met Office, 114mm rain was recorded in Gulshan-e-Hadeed, 83mm in Sadar, 81mm in Landhi, 77.8mm at University Road, 76.6mm in Nazimabad, 70.8mm in Saadi Town, 65.8mm at Jinnah Terminal, 49.8mm in North Karachi, 42.8 in Surjani and the lowest amount of downpour was 21.9mm in Keamari. The MET Office on Monday had forecast heavy rainfall in the city till Thursday, warning that urban flooding could take place in the city.-DNA Tuesday had directed the military troops to set up relief operations in Karachi to assist the people affected by heavy rains. "Troops must reach out to affected population in distress and extend all necessary care", the army chief had said.-DNA According to sources the Met Office on Tuesday confirmed that the 90-year record of the monsoon downpour was broken after yesterday's rainfall in Karachi in August this year. The 90-year record was broken after a 345mm downpour was recorded at Karachi's PAF Faisal Base in August this year, making it the wettest month since 1931, which was previously recorded rainfall up to to 298.4mm in 1984, reported The News. The most amount of rainfall area." Water in Malir Nadi has been reduced and backflow from Quaidabad to Malir Nadi has started, said the military's media wing, adding that boats have been deployed in various areas to shift stranded people to safer places. ISPR added that more than 200 families have been marooned on rooftops due to heavy flooding in Malir Nadi, Kohi Goth and Dur Muhammad Goth. "Cooked meal being provided to affected population struck due to heavy rains. Due to heavy water current at the moment, Army helicopter­s will be flown to rescue these families after weather clearance," it added. Chief of Army Staff Gen Qamar Javed Bajwa on (white long grain rice). Rice ranks second among the staple food grain crops in Pakistan and exports are a major source of foreign exchange earnings. He said that Pakistan grows a relatively high quality of rice to fulfill domestic and export demand. He said Pakistan has two major rice-producing provinces, namely Punjab and Sindh. Both provinces account for more than 88 percent of total rice production. He said that Punjab, due to its agro-climatic and soil conditions, is producing 100 percent of the Basmati rice in the country. -DNA ISLAMABAD, August 26: Federal Minister for while rice contributi­on National Food Security and in GDP is 0.6 percent. Research (NFSR) Syed He said, "2.5 tones HA is Fakhar Imam has said that the gap in We our need presentpro­duction. to invest quality of Pakistani rice is acceptable globally and rice in the rice industry." Imam products of US $2.5 billion said that there is a need to were exported last year. update He phytosanit­arysystems.of was of the point This was said by the federal minister on Wednesday view that rice is Pakistan's while attending a webinar on third largest crop in terms sustainabl­e rice production of area sown, after wheat for boosting rice export of and cotton. About 11 percent Pakistan. of Pakistan's area is under totalagric­ulturalric­e Imam said that last year 7.2 million tonnes of rice during the summer or were produced. He further "Kharif" season. said that rice products of US He producer said Pakistan and is exporteral­eading $2.5 billion were exported. There is a 30 percent contributi­on of rice in value addition of Basmati and IRRI rice Opposition ... Continued from front page in the Senate related to the Financial Action Task Force (FATF). The Prime Minister said that the interests of the opposition parties and the country were on opposite paths. Earlier, the Senate took up its entire agenda on Tuesday but rejected two government bills which were passed by the National Assembly in its last sitting on August 24. The bills rejected by the Upper House were the Islamabad Capital Territory Waqf Properties Bill, 2020 and the Anti-Money Laundering (Second Amendment) Bill, 2020. - TLTP Pakistan rejects Indian 'Charge Sheet' designed ... Continued from front page military aircraft engaged in belligeren­t action against Pakistan on 26 February 2019. The Indian misadventu­re was effectivel­y countered by the Pakistan Air Force,which resulted in the downing of two Indian warplanes and capture of an Indian pilot. Despite India's provocatio­ns, the Indian pilot was released by Pakistan as a peace gesture. - TLTP elections in India, and the fact that explosives used in the attack were collected from inside the IIOJK, and the key accused persons in the attack have already been killed by Indian forces, raise too many questions. The world knows well as to who benefited the most from Pulwama attack and drew electoral dividends. According to foreign office it would be recalled that Indian "charge sheet" are patently designed to further the BJP's anti-Pakistan rhetoric and its narrow domestic political interests. Zahid Hafeez said, at the outset, Pakistan had rejected India's baseless allegation­s and expressed readiness to extend cooperatio­n on the basis of any actionable informatio­n. India failed to provide any credible evidence for its invective and has instead been using the attack for its malicious propaganda campaign against Pakistan. He said the timing of the Pulwama attack, just two months before the Lok Sabha NEW DELHI, August 26: in 5G networks. Huawei and ZTE may lose An industry executive told the lucrative Indian market FT that the government as New Delhi moves to informally made it clear that it is not boycott Chinese suppliers going to allow China-developed after deadly border equipment, adding that clashes strained relations it is "really game over." between the two countries. The move marks a U-turn Unlike some other nations for Huawei, which was that toughened scrutiny over allowed to participat­e in 5G Chinese vendors, the Indian trials in the world's second government does not want largest mobile market with to issue a formal ban against 850 million users earlier this according particular to the companies, report. year. The has already Indiangove­rnment blocked Industry and government any tests of the next-generation sources told the outlet that networks involving instead of imposing official Chinese vendors. restrictio­ns that may provoke The informal boycott may an angry response from become a headache for some Beijing, Indian officials just Indian operators which have recommende­d avoiding contracts with Huawei, one using Chinese equipment in of the leading global telecom future investment­s, including equipment suppliers. For example, such companies as Bharti Airtel, Vodafone and state-owned BSNL are reliant on Huawei equipment and it's unclear how much they will have to spend if they have to replace the Chinese supplier. New Delhi has long been rumored about taking action against Huawei, especially after a military standoff along the disputed border in the Himalayas in which 20 Indian soldiers were killed. After the skirmish, the Indian government toughened its stance against Chinese apps, blocking around 60 of them, including such popular services as TikTok and WeChat. -TLTP Strong ... Continued from front page minister highlighte­d the grave human rights and humanitari­an situation in the Indian Illegally Occupied Jammu & Kashmir (IIOJK). Qureshi stressed that the internatio­nal community must take steps to help alleviate the sufferings of the Kashmiri people and the realizatio­n of their legitimate rights. The United States has a crucial role in this regard, the foreign minister said. - DNA Police add terrorism charges to ... Continued from front page police contingent­s clashed shortly after the arrival of Maryam Nawaz there in a land acquisitio­n case. Many people, including policemen and NAB officials, were injured and more than 50 arrested after police fired tear gas and baton-charged the PML-N workers after they started pelting he personnel and the NAB office with stones. - DNA other party leaders, including Rana Sanaullah, have not yet obtained bail. Meanwhile, the PML-N leadership has decided to challenge the police's decision of adding terrorism charges to the case in the Lahore High Court (LHC). On Aug 11, violence erupted outside the National Accountabi­lity Bureau (NAB) office as PML-N workers and IHC rejects ... Continued from front page minister, adding that it is the prerogativ­e of the premier to appoint any assistant for himself. In the written order, the court stated that there are no standards set for the appointmen­t of special assistant to the prime minister. Touching upon the role of a special assistant, the court observed that he/she can become part of the parliament's proceeding­s but cannot cast a vote. The IHC dismissed the request to look into Akbar's position as the head of the Assets Recovery Unit (ARU), saying the issue has been raised at the Supreme Court and the apex court will issue a detailed verdict on the matter. Wrapping up the petition, the IHC expressed the hope that Akbar will continue to dispense his duties in accordance with the law. Earlier the court had reserved the verdict after a preliminar­y hearing of the case. Syed Pervaiz Zahoor, the petitioner, had alleged that Shahzad Akbar was illegally exercising powers and through abuse of his authority he is influencin­g the National Accountabi­lity Bureau (NAB) and other investigat­ing agencies. He requested the court to declare the appointmen­t of Shahzad Akbar as chairman Assets Recovery Unit and adviser as null and void. - TLTP KARACHI, August 26: Industrial sector is unable to pay Rs460 billion in the light of the Supreme Court's decision regarding gas infrastruc­ture cess (GIDC); therefore, an acceptable solution should be provided; otherwise, this sector will collapse. This was opined by President Pakistan Businessme­n and Intellectu­als Forum (PBIF) and All Karachi Industrial Alliance (AKIA) Mian Zahid Hussain in a statement on Wednesday He said that the economic situation is improving while inflation is climbing due to profiteeri­ng which should be tackled. He said that real reforms in the tax and energy sectors can stabilize the economy and contain skyrocketi­ng inflation. He said that the current account surplus for four months can be attributed to the efforts of the government as well as coronaviru­s which has dented demand while deprived importers of cash. Talking to the business community, the veteran business leader said that exports and remittance­s are increasing but it could prove temporary while the industrial sector has started some activity. He noted that FBR has shown a 23 percent increase in tax collection during the first month while demand for cement, building material, motorcycle­s, cars, tractors, and some other items have increased. Stock market is also buoyant and the real estate sector is showing positive signs due to the constructi­on package, he added. The veteran business leader noted that the IMF has also relaxed its conditions due to pandemic and it will again impose harsh conditions as soon as the situation improves which will reverse the gains. He said that now the food mafia has stopped taking notice of the threats frequently issued by the cabinet members and they continue to skin masses. The government should introduce real reforms in the energy sector and abstain from repeating failed experiment­s while petroleum levy which is estimated to be Rs450 billion in the ongoing fiscal should be reversed to last year's Rs260 billion to tame inflation. -TLTP KARACHI, August 26: The US dollar gained six paisas against Pakistani rupee in the interbank on Wednesday. According to a tweet of the State Bank of Pakistan, the US dollar was opened at Rs168.37 and closed at Rs168.43. The US dollar gained Re0.15 against Pakistani rupee during the last three days. Meanwhile, the foreign reserves of the country stand at $19.65 billion as of August 13, 2020, said State Bank of Pakistan (SBP) in another tweet. -TLTP Ambassador of Palestine, Ahmed Jawad Rubai and Deputy Commission­er of Islamabad Hamza Shafqat planting an olive tree in front of the Embassy building. National Herald Tribune, Thursday, August 27, 2020

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