The Financial Daily : 2020-09-17

8 : 8 : 8


Thursday, September 17, 2020 ISLAMABAD: President Dr. Arif Alvi chairs a meeting of the Advisory Committee on Cyber/ Informatio­n Security, here at Aiwan- e- Sadr, Wednesday. - PID photo President Alvi stresses joint efforts for cyber security regime EU flight suspension costs Rs280 million to PIA, NA informed BA issues Lahore, London flight schedule I S L A M A B A D : British Airways on Wednesday released a schedule of direct flights from Lahore to London. According t o the schedule, t he airline will operate direct flights from Lahore to London Heathrow four days a week. The direct fl ights from Lahore will start from October 14, 2020. The Civil Aviation Authority ( CAA) ISLAMABAD: The National Assembly was informed on Wednesday that Pakistan Internatio­nal Airlines ( PIA) incurred a loss of Rs280 million after suspension of its flight operation t o and from the European Union ( EU) states. Aviation Minister Ghulam Sarwar in a written reply said the national flag carrier's receipts from its flight operation in the EU bloc fell to Rs1.41 billion from Rs1.69 billion i n JulyAugust 2020. However, the minister said the airline raked in a sum of Rs520 million from it s Pakistan- UK flights during this period. He said it hired the services of Malta company for flights between the two countries besides operating four round- trip charter flights during coronaviru­s lockdowns. The PIA raked in Rs5.81 billion revenue as against expenditur­e to the tune of Rs5.31 billion, he added. Sarwar said Pakistan Internatio­nal Airlines also resumed flights to Canada, UAE, Oman, Qatar, Malaysia, Afghanista­n, and Saudi Arabia. The National Assembly Wednesday adopted a motion referring the Anti- Terrorism ( Third Amendment) Bill, 2020 to the joint sitting of the parlia- ment for considerat­ion and passage. Taking the floor, Adviser on Parliament­ary Affairs Babar Awan urged t he opposition members to allow the house function as per the rules and regulation­s and the constituti­on. He said that nobody can be allowed to hold hostage the proceeding­s of the house. He made the remarks following the opposition parties staged a walkout from the house after exchanging harsh words with the treasury benches over the issue of quorum. The house has now been adjourned to meet again on Thursday at 11: 00am. - TLTP ISLAMABAD: Stressing t he need for collaborat­ive efforts, President Dr Arif Alvi has said that in wake of growing risks of cyber attacks, it is necessary to secure the cyber space for protection and security of online data. Chairing a meeting of t he Advisory Committee on Cyber/ Informatio­n Security here at the Aiwan- e- Sadr on Wednesday, the President said that Pakistan has embarked upon the journey of digital transforma­tion that has increased the risks of cyber attacks. He said the use of emerging technologi­es and t he 4th Industrial Revolution have made the individual­s and public institutio­ns vulnerable to cyber attacks. For containing the cyber threats, the president stressed the need for strengthen­ing the capacity and capability of institutio­ns to cope with the challenges of cyber vulnerabil­ity. He said that it is essential to create a secure informatio­n ecosystem in the country to safeguard the national interests as well as ensure the protection of informatio­n related to the See# 18 Page7 BRT service suspended temporaril­y for review of buses See# 16 Page7 Fakhar Imam invites Netherland investment in dairy, agribusine­ss Govt is committed to promotion of business activities Agricultur­e projects under CPEC to ensure scientific farming, says Shibli Faraz PESHAWAR: The Khyber Pakhtunkhw­a government on Wednesday temporaril­y suspended the Peshawar Bus Rapid Transit ( BRT) service. "A fresh review of the BRT's buses will be held," said S p o k e s p e r s o n T r a n s P e s h a w a r Muhammad Omair. "Safety of the passengers is the institute's topmost priority," he added. He said t hat a detailed review of the buses will be conducted by the company that manufactur­ed them, adding that an investigat­ion is also being carried out to determine why two buses of the project had caught fire earlier. "A comprehens­ive investigat­ion and inspection of all ISLAMABAD: Inviting Netherland­s' investment in dairy farming, agribusine­ss, food processing, Federal Minister for National Food Security and Research, Syed Fakhar Imam has said that Pakistan and Netherland­s can cooperate in the field of floricultu­re. The minister said this while chairing a meeting with t he Ambassador of Netherland, Woulter Plomp here on Wednesday. Syed Fakhar Imam highlighte­d the l ongstandin­g partnershi­p between Pakistan and Netherland­s, which spans over the last many years and appreci- ated Netherland's assistance in ensuring food security in Pakistan. He appreciate­d Netherland­s' efforts to provide technical assistance and training to Pakistan. The federal minister said that Pakistan and Netherland­s have vast potential for collaborat­ion in the field of research in food security ( agricultur­e & livestock). He appraised about the strength of livestock sector in Pakistan and the need for value addition to animal origin products ( meat, dairy, etc). Pakistan is importing genetic material ( semen) from ISLAMABAD: Minister f or Informatio­n and Broadcasti­ng Senator Shibli Faraz has said that the addition of agricultur­al component in China- Pakistan Economic Corridor ( CPEC) would help in developing scientific farming, increasing crop yield and ensuring food security in the country. Talking to Chinese Ambassador in Pakistan during a f arewell meeting here on Wednesday, the minister said that cultural diplomacy is vital in promoting people- to- people contacts and enhancing understand­ing of each other's values and traditions. He said that cultural events in Khyber Pakhtunkhw­a, Balochista­n as well as in GilgitBalt­istan would be well received. Apart from other relevant institutio­ns, Lok Virsa would also provide the necessary coordinati­on for enhancing cultural outreach and facilitate the Chinese cultural troupes, said a press release. The informatio­n minister appreciate­d Yao Jing's successful tenure as Ambassador of China to Pakistan and his role and services in further promoting bilateral relations in areas mutually beneficial for the peoples of both countries. Speaking on the occasion, Chinese Ambassador Yao Jing said his country desires its See# 17 Page7 See# 20 Page7 Arrest Sharif before next hearing: IHC Masood hails UN Rights chief's statement on state sponsored IOK violence ISLAMABAD: The Islamabad High Court ( IHC) on Wednesday released a detailed verdict over its decision to issue an arrest warrant of the former prime minister and Pakistan Muslim LeagueNawa­z ( PML- N) leader Nawaz Sharif. The detailed judgement of the division bench of the Islamabad High Court was written by Justice Aamir Farooq and was also signed by the other judge Justice Mohsin Akhtar Kayani. The court noted that the lawyers of Nawaz Sharif failed to satisfy the bench; therefore, an appeal regarding the exemption of the former prime minister from the hearings is therefore rejected. It is pertinent to mention here that the Islamabad High Court ( IHC) has rejected the exemption plea of the former premier Nawaz Sharif and released his non- bailable arrest warrants in Al- Azizia and Avenfield cases on Tuesday. The pleas of the former prime minister Nawaz Sharif for seeking his exemption from personal appearance in the Al- Azizia and Avenfield references have been rejected by the Islamabad High Court ( IHC). Moreover, Pakistan Muslim League- Nawaz ( PML- N) President Shehbaz Sharif also announced after the verdict that Nawaz Sharif would not return to Pakistan before completion of his medical treatment. "We respect the judiciary," Shehbaz Sharif said but added that returning to Pakistan without proper treatment could endanger the life of his brother and the PML- N supremo. He said that the right to live is the most important thing and could not be neglected. "The issue here is not Nawaz's return but his medical treatment," the PML- N leader said. - TLTP See# 19 Page7 Monetary policy on Monday MUZAFFARAB­AD: The AJK President Sardar Masood Khan on Wednesday welcomed t he statement of the UN High Commission­er for Human Rights, Michelle Bachelet, in which she has expressed concern over t he state- sponsored violence against civilians, including the use of pellet guns and changes in domicile rules, in I ll egally I ndian Occupied Jammu and Kashmir ( IIOJK). Michelle Bachelet, in her inaugural statement at the 45th session of the UN Human Rights Council ( UNHRC) in Geneva, had stated that military and police violence against civilians including use of pellet guns continues in the IIOJK. She maintained that the Indian Government's August 5 moves followed by domicile laws were generating deep anxiety among the people across Jammu and Kashmir. In a statement issued here, the AJK president said what the UN High Commission­er for Human Rights has stated is just the tip of the iceberg. The real situation is even worse as the Indian occupation army is not only abusing the rights of Kashmiri people but it also is engaged in carrying out genocide, war crimes and the crimes against humanity. He called upon the United Nations to intervene to stop the carnage, land grab and illicit transfer of I ndian citizen to IIOJK to change the demographi­c structure of the region, and added t hat Michelle Bachelet should demonstrat­e leadership by taking measures for establishi­ng an Internatio­nal Commission of Inquiry recommende­d in the OHCHR's 2018 Report to hold Indian occupation forces accountabl­e for human rights violations and abuses. Rejecting unfounded equalizati­on between Azad Jammu and Kashmir and ISLAMABAD: The Monetary Policy Committee of the State Bank of Pakistan ( SBP) will announce its monetary policy on upcoming Monday ( September 21). According to a statement by the SBP, Governor State Bank Dr Reza Baqir will also hold a press conference on the same day after the committee's meeting. - TLTP See# 21 Page7 1.2mn domiciles issued to non- Kashmiris in IOK MIRPUR: Azad Jammu and Kashmir Prime Minister Raja Farooq Haider has said that Indian fascist regime has so far issued 1.2 million domiciles to non- Kashmiris in I ndian I ll egally Occupied Jammu and Kashmir to bring demographi­c change in occupied territory. Addressing a news conference here on Wednesday, he said Indian brutal forces are killing innocent Kashmiris because they are struggling for their freedom. Raja Farooq Haider categorica­lly reiterated that Jammu & Kashmir was neither territoria­l, nor bilateral issue between India and Pakistan. "No soluti on of the globally- acknowledg­ed issue, sans the aspiration­s of t he Jammu & Kashmir People, the basic party to the dispute, would be acceptable at any cost", he declared. The prime minister continued that Kashmiri people are the fundamenta­l party to the Kashmir dispute and called for taking them on board to make the dialogue process with India. Haider said that Kashmiri people will not accept any decision on Kashmir against their will and aspir ations adding that Azad Kashmir government should be recognized as a representa­tive body of the Kashmiri people. He said the people of Kashmir have been struggling for the settlement of Kashmir dispute in accordance with the United Nations Resolution­s. He said that next general elections will be held in a free, fair and transparen­t manner in Azad Kashmir and for this purpose a vibrant and an impartial election commission has become functional to hold fair elections in the state. He said an agreement has been made with the NADRA for the preparatio­ns of electoral lists for holding impartial elections in Azad Kashmir. The prime minister said that Rs440 million have been projected for the provision of sui gas to Mirpur and the federal government has been approached to provide funds for the earthquake affectees of Mirpur. The Prime Minister said the government is taking all possible steps to mitigate the suffering of the people and to provide basic amenities of life to the people at their doorsteps and announced plans to shift the Revenue academy from Muzaffarab­ad t o Mirpur. He said the people of Mirpur have given tremendous sacrifices and the government would do all possible to redress their grievances. - TLTP Published by Shakil Haider Jafri & Printed by Mukhtar Aqil at KK Printers for Data Research Communicat­ion, 111- C, Jami Commercial Phase VII, DHA Karachi. 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