Federation Of Pakistan Chambers Of Commerce & Industry (FPCCI) Strongly Oppose Ban On Used Information Technology (IT) Equipments (Feedback From Small And Medium Traders & Vendors)

March 9th, 2010

The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has strongly opposed any move to ban used IT Equipment by the Government. As there is zero existence of Hardware Industry in the country, this ban will directly affect thousands of vendors and businessmen associated in this Industry in almost all big and small cities and towns across Pakistan.

Mr. Mohammad Mansha Churra, Vice President FPCCI said that used computers are being imported since 1999 as they are affordable to middle class and the local people due to reduce cost, functional life of 5+ years and are friendly to new software which has great productivity. The market share for refurbished PC is our country is 75% of the total demand, and the resale is accepted globally as it the basic learning tool for the masses. People will get deprived of this facility if the said ban is imposed.

Mr. Mansha sated that the ban will directly hit IT Educational Institutions, Middle Class Students and Families, Hospitals, small and medium sized businesses and all type of Schools and Madrisas.

Mr. Mansha added that the used Computers and IT Equipment save foreign exchange earning as the cost of used computer on an average is less then the cost of new computer. IT Human Resource is developed and Exported from Pakistan which is a major source of Foreign Exchange. Pakistan is already in verge of Imports and by this ban on used IT Equipments Pakistani Imports bills will get affected. As the new Computer cost $300-$600 and the used one is easily available at the cost of $40.

http://www.officialwire.com/main.php?action=posted_news&rid=109170&catid=421

Hard-line chief heads Sahil hunt

March 9th, 2010

Oldham East and Saddleworth MP Phil Woolas today revealed that Pakistan interior minister Rehman Malik has made finding the five-year-old, snatched at gunpoint from his grandmother’s house in Jhelum on Wednesday night, his number one priority.

Interpol have also been called into the search amid fears that Sahil may have been taken out of the country.

The news came as family members’ hopes were raised that the Rushcroft School pupil had been found, only to be cruelly dashed.

His father Raja Naqqash Saeed and relatives rushed from their house in Jhelum to another area of the city yesterday amid rumours a boy had been found only to find that the police presence was for a drug bust.

Mr Woolas said he had spoken to an uncle of Sahil and the family remained distressed by the lack of progress.

http://www.oldham-chronicle.co.uk/news-features/8/news-headlines/37897/hardline-chief-heads-sahil-hunt

Pakistan Delays Buying Sugar From Dubai Using Deferred Payment

March 9th, 2010

March 9 (Bloomberg) — Pakistan delayed a plan to buy as much as 650,000 metric tons of white sugar from the government of Dubai on the basis of deferred payments, Finance Secretary Salman Siddique said.

The country will re-examine the proposal in a “couple of months,” he said by telephone from Islamabad, without giving a reason for the delay. Pakistan will continue to invite bids for sugar through the state-run Trading Corp. of Pakistan, he said.

Pakistan will call bids to import 400,000 tons of urea for the upcoming cotton-sowing season, Siddique said.

http://www.bloomberg.com/apps/news?pid=20601091&sid=aovNywx0mHiY

Pakistan announces 10% quota for women in civil service

March 9th, 2010

Pakistan has announced a 10 percent quota for women in civil service in the government, local media reported Tuesday.

Addressing a ceremony of Women’s Day on Monday night, Pakistani Prime Minister Syed Yousuf Raza Gilani said that a women complaint cell would also initiated.

He said that the government will grant financial and administrative autonomy to the National Commission on Status of Women.

Gilani said the government is devoted to the cause of gender equality and the issues being faced by women in domestic and national life will be redressed.

Dr Fehmida Mirza is the first elected woman speaker of the Muslim world and women are heading a number of Pakistani National Assembly standing committees, said the prime minister.

http://world.globaltimes.cn/asia-pacific/2010-03/511183.html

Pakistan opposes New Zealand’s neutral venue request

March 9th, 2010

ISLAMABAD — Pakistan has objected to New Zealand’s request that their Davis Cup tennis tie be moved to a neutral venue due to security concerns.

Pakistan is scheduled to meet New Zealand in an Asia-Oceania Group II semifinal from July 9-11, but New Zealand has asked the International Tennis Federation to move the tie to either New Zealand or a neutral venue.

Pakistan Tennis Federation secretary Rashid Khan told the Associated Press on Tuesday that New Zealand should either travel to Pakistan for the matches or forfeit.

“We want the ITF to either allow us to host the tie in Pakistan or award us a walkover against New Zealand,” Khan said.

Khan cited the ITF’s decision to fine Australia $10,000 last year when it refused to play an Asia/Oceania Zone group match in the Indian city of Chennai for security reasons.

“The ITF should give us a walkover like they awarded to India when Australia refused to travel to Chennai,” he said.

http://www.gmanews.tv/story/185701/pakistan-opposes-new-zealands-neutral-venue-request

I supported Asif ‘emotionally’, ‘financially’, want my money back: Veena Malik

March 9th, 2010

Pakistan fast bowler Mohammad Asif’s estranged girl friend Veena Malik, a noted film and TV actress, has claimed that she had supported Asif both ‘emotionally’ and ‘financially’ during his bad days, and now she at least wants her money back.

Malik has sued Asif for recovery of 3.4 million rupees.

“When he (Asif) was banned from cricket and when no one was willing to support or help him I stood by his side and I gave him money which he said he would pay me back when things improved,” Malik.

“Now that his situation is better he is trying to avoid meeting his commitment but I want my money back, it is my hard earned money,” she added.

Malik also claimed that Asif had proposed her on Valentine’s Day but she had refused as she wanted to concentrate on her career.

Meanwhile, Asif has rubbished Malik’s allegations.

“She supported me a lot but this money business is not correct,” The Daily Times quoted Asif, as saying.

Asif was romantically linked to Malik, and there were rumours last year that both got secretly married in London, which has been denied by both of them.

http://sify.com/sports/i-supported-asif-emotionally-financially-want-my-money-back-veena-malik-news-news-kdjm4hhhbfd.html

Pakistan External Debt Rises To $55.68 Billion On Higher IMF Borrowings

March 9th, 2010

KARACHI -(Dow Jones)- Pakistan’s external debt rose to an unprecedented $55.68 billion as of Dec. 31, 2009 from $52.33 billion on June 30, 2009 due to loans received from the International Monetary Fund and other donor agencies.

In the past one-and-a-half years, overseas loans taken by the country have surged by $9.51 billion, according to data from the State Bank of Pakistan, the country’s central bank, posted on its Web site.

Pakistan’s external debt liabilities of $55.68 billion form 32% of its Gross Domestic Product, while in June 2008 these were at $46.16 billion, or 27.6% of GDP.

An analyst with a local brokerage said the government will have to focus on improving its fiscal health, rather than borrowing more.

http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201003090407dowjonesdjonline000114&title=pakistan-external-debt-rises-to-5568-billion-on-higher-imf-borrowings

Pakistan May Produce Record Cotton Output in 2010 as Rates Rise

March 9th, 2010

March 9 (Bloomberg) — Farmers in Pakistan, the world’s fourth-largest producer of cotton, may increase planting this year after domestic prices rose to a record and a global economic revival lifts demand from textile makers.

Output may increase to a record 16 million bales, Abdul Rasheed Khan, chairman of the Pakistan Cotton Ginners Association, said in a telephone interview from Multan today.

Pakistan produced 12.7 million bales this season, in line with the government’s revised target, compared with an output of 12.1 million bales last year, Khan said. The government had initially set a target of 13.5 million bales.

Domestic prices rose to a record 5,750 rupees ($68) for 37.32 kilograms (82.3 pounds) yesterday, according to the Karachi Cotton Association. Cotton futures for May delivery fell 0.39 cent, or 0.5 percent, to 82.04 cents a pound on ICE Futures U.S. in New York. The most-active contract reached a two-year high of 84.6 cents on March 1 as adverse weather reduced output in the U.S., the world’s largest exporter, and demand revived.

http://www.businessweek.com/news/2010-03-09/pakistan-may-produce-record-cotton-output-in-2010-as-rates-rise.html

Sack the senior players, says Pakistan coach

March 9th, 2010

New Delhi: Pakistan Coach Shahid Ali Khan called for the sacking of senior players following his team’s disastrous Hockey World Cup campaign.

Pakistan lost their last Pool B encounter to Australia 1-2 and finished as the bottom placed team in the group.

“I think four-five players who were called back in the team for the World Cup should be sacked first. Much was expected from them, but they let us down badly,” Shahid, without picking any name, told Sify.com.

Pakistan had recalled senior players like Sohail Abbas, Rehan Butt, Waseem Ahmad, Shakeel Abbasi and goalkeeper Salman Akbar for the World Cup.

Asked about the rusty performance of ace drag-flicker Sohail, the coach said: “Obviously his performance has been very surprising in this tournament. We expected some 8-10 goals from him but he could score only two. People back home will not see whether he was unlucky to hit the bar. They will only see how much he scored.”

http://sify.com/sports/sack-the-senior-players-says-pakistan-coach-news-hockey-kdixduedbha.html

Is water Lashkar-e-Taiba’s next cause?

March 9th, 2010

Hafiz Muhammad Saeed, the Pakistani leader India believes still heads the banned Lashkar-e-Taiba, launched a movement to protest the way India uses water from the Indus river system, according to Pakistan’s News International newspaper.

Looks like the long-forecasted water wars may come sooner than we feared.

As I wrote last summer, There are many reasons for the Kashmir conflict. But perhaps the most important of them is water. When the British drew the borders partitioning India and Pakistan, their cartographers failed to consider the run of the rivers that would feed the two countries. Kashmir’s accession to India granted New Delhi control over the headwaters of the Indus — the lifeline of civilization in what is now Pakistan since 2600 B.C. And although a treaty for sharing the water was worked out in 1960, its foundation has begun to crack under the pressure of the two countries’ rapidly growing populations and the specter of climate change.

According to the latest report, the man that India hates more than anyone else in Pakistan is about to up the ante. The alleged Lashkar front, charity group Jamaatud Dawah Pakistan (JDP), has launched a movement against what he called ‘Indian designs to obstruct flow of rivers towards Pakistan,’ the Pakistani paper reports.
“India is in the process of constructing several dams on Chenab, Jehlum and Indus rivers in a bid to completely stop flow of water towards Pakistan,” the News reported Hafiz Muhammad Saeed as saying.

http://www.globalpost.com/notebook/india/100309/water-lashkar-e-taibas-next-cause