[Pak-Media] Chairman FBR visits Karachi to hold meetings with trade bodies

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Press Release


Chairman FBR visits Karachi to hold meetings with trade bodies


Chairman FBR, Mr. Salman Siddique, will be visiting Karachi from 9th to 10th July 2011 to hold meeting with Federation of Pakistan Chamber of Commerce and Industry, Karachi Chamber of Commerce as well as other trade bodies. This two day consecutive meeting is focused on improving the Sales Tax system and resolving the issues relating to zero rated export sectors and also issues relating to import of machinery. This consultative process will also be focused on finding solutions to the problems and issues linked with the revenue collection

--
Syeda Naureen Zahra
Secretary PR
Federal Board of Revenue (FBR)
Islamabad
+92 051 920 8407
+92 333 5023333
http://www.fbr.gov.pk/

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[Pak-Media] News--Power network should be handed over to private sector

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Power generation, distribution should be handed over to private sector: PEW

Ad hoc measures by Govt shows lack of interest, commitment

Govt should seek apology from masses on failed promises, failures

 

Islamabad: [July 08]

The Pakistan Economy Watch (PEW) on Sunday said power generation and distribution network should be handed over to private sector.

 

Government has failed to address acute energy problem which has made lives of common people and business community miserable and put brakes on the growth, it said.

 

Rulers prefer to bury their heads in sand by ordering ad hoc measures; bureaucracy seems to be more interested in barring investment in energy sector while concerned ministries are too much focused on rental power which has proved useless, said Dr. Murtaza Mughal, President PEW.

 

Power ministers of the current regime have been promising since years to overcome load shedding; these claims were never taken seriously owing to government's lack of commitment, he said.

 

Similarly, top government officials frequently announce that few hundred megawatts have been added to the system but how was that materialised is never disclosed, he added.

 

Dr. Murtaza Mughal said that government has failed to implement decision to close markets in peak hours to save energy which also speaks of lack of will.

 

He said that international donors as well as investors are not ready to invest in Pakistan's energy sector while concerned departments are not ready to facilitate Chinese investment which is unfortunate, he said.

 

He said that plans to build mega hydro power projects have hit snags, import gas and electricity from Iran, Middle East and central Asia could not be materialised while Thar Coal reserves are waiting for exploitation.

 

Successes of the government on energy front are only visible in official record and newspapers while there is nothing on the ground, he said.

 

In this scenario, he said, government should seek apology from masses on ailed promises and consider handing over power generation and distribution system to private sector in stages.

 

There is no dearth of capable, honest and dedicated individuals in Pakistan's private sector who will try best to serve nation, he said.

 

--

Dr. Murtaza Mughal

Cell:  0321-5157671

President Pakistan Economy Watch

www.pakistaneconomywatch.com


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[Pak-Media] Customs Intelligence seized 656 Million worth of heroin and opium

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Press Release

 

Customs Intelligence seized 656 Million worth of heroin and opium

 

Customs Intelligence, in two separate operations, recovered and seized 8kg heroin and 84 kg opium valued at Rs 4.7 million and Rs.11.04 million respectively, including the vehicles.

In pursuance of specific information that an attempt would be made to smuggle foreign origin heroin from Khyber agency to Punjab via Motorway (M-1) and ultimately abroad, on 04.07.2011 customs officials mounted surveillance near Peshawar Toll Plaza, M-1. At about 1400 hours, the suspected Toyota Corolla Car bearing registration No. ACJ-697 (Sindh) coming from Peshawar side was stopped. On cursory checking presence of drugs was detected in the car. The driver of the car namely Muhammad Ashraf S/O Ahmed Gul R/O Sheikh Mal Khel, Landi Kotal, Khyber Agency was taken into custody and the car was brought to I&I, Regional Office, Peshawar. Detailed search of the car led to the recovery of 08kgs heroin concealed in the secret cavity specially designed for the purpose. The heroin and the vehicle valued at Rs: 4.7 million have been seized under the customs Act, 1969 and the CNSA, 1997. FIR No.46, dated 4.07.2011 has been lodged and further investigation is in progress.

In another operation on 06-07-2011 at about 1100 hours, customs officials intercepted a suspected Nissan Trailer bearing Rg.No.AE-1445 (Hyderabad) on G.T. Road, Chamkani, coming from Peshawar side. Cursory checking revealed presence of drugs in the vehicle. The driver of the trailer namely Naeem Abbasi S/O Muhammad Younas Khan R/O Azad Kashmir was taken into custody and the trailer mounted with 40 feet empty container was brought to I&I, Regional Office, Peshawar. Detailed search of the trailer led to recovery of 84kgs opium concealed in the secret cavity made behind the driver's cabin. The opium and the vehicle valued at Rs. 11,040,000/- have been seized under the customs Act, 1969 and CNSA, 1997. FIR has been lodged and further investigation is in progress.

International market value of heroin ad opium seized is estimated at Rs: 320 million and Rs.336 million respectively.

 

--
Syeda Naureen Zahra
Secretary PR
Federal Board of Revenue (FBR)
Islamabad
+92 051 920 8407
+92 333 5023333
http://www.fbr.gov.pk/

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[Pak-Media] News-Beijing asked to hike investment in Pakistan

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Pak, China tied together through various bonds: Raza Khan

We are different but incomplete without each other: FPCCI

Pakistan our second home: Chinese diplomats

 

 

Islamabad: (July 08)

Raza Khan, Chairman Coordination, FPCCI on Friday said Pakistan and China are bound together through various bonds and our friendship is to grow further in days to come.

 

Our relations more enduring than mere trade and political ties, our hearts beat together, and we will continue to work together to advance ties for a better future, he said.

 

He was speaking at a farewell reception hosted at his residence in honour of the outgoing Director Visa Section, embassy of the People's Republic of China in Islamabad Mr. Xiang Shan, and to welcome incoming Director Visa Section Guan Zhongqi.

 

Other Chinese diplomats including Askar Tursan and Jiang Yinpeng, Chinese Muslims settled in Pakistan and leaders of business community were also present on the occasion.

 

Raza Khan said China should enhance investments in energy and infrastructure of Pakistan and take more steps that benefits Islamabad from Beijing's boom.

 

He said that our culture is different yet we are incomplete without each other therefore Chinese people and businesses need to expose them more to Pakistanis for a better experience, closer interaction, and endearing friendship, he demanded.

 

Pakistan's future is tied to the highly successful and economically powerful China; we need to know more about each other and find similarities, he said adding that improved translation technology can help bring people of two brotherly countries together.

 

Raza Khan said that the conduct of outgoing diplomat is an excellent example of the people who have contributed to the development of close relations hoping that the incoming official will work tirelessly for this noble cause.

 

At the occasion, Xiang Shan assured that China will continue to play a key role in Pakistan's development and exchanges will be augmented.

 

Guan Zhongqi said that he is new in this country but highly impressed with the depth of the friendship, love and devotion of locals.

 

Askar Tursan said that our nations and our people must continue to cherish our shared ideals while enhancing economic and cultural interaction.

 

Our people shall become even better friends and allies, together we can lead the world to peace and prosperity, said Jiang Yinpen.

_

Muhammad Raza Khan, 

Chairman Coordination, 

FPCCI, Capital Office, Islamabad,

Former President, Haripur Chamber of Commerce,

Founder President, Islamabad Chamber of Commerce.

Tel: FPCCI +92-51-2251891-3. Fax +92-51-251894

Tel: Business +92-51-4434200-5. Fax +92-514434203

 

 


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[Pak-Media] Press Releases: World Population Day, 11 July 2011

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Dear Media colleagues,


Please find attached the Press Releases on messages by the United Nations Secretary-General and the UNFPA Executive Director.
Your usual cooperation for placement would be highly appreciated.



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