Press Release

 

FBR extends date for filing of ST/FE Returns

 

The Federal Board of Revenue has extended the dates for filing of Sales Tax and Federal Excise Returns for the periods July & August, 2011.

In a letter issued here today, the Inland Revenue Wing of the FBR has communicated to all Chief Commissioners of LTUs and RTOs that the date for filing of Sales Tax / Federal Excise Returns has been extended upto 26th September, 2011. This extension of date is for the Tax periods July & August 2011, and is applicable to all registered persons.

This extension has been given in exercise of the powers conferred under section 74 of the Sales Tax Act 1990 and section 43 of the Federal Excise Act 2005.

 



--
Mohammad Shahzad
Secretary PR
Federal Board of Revenue (FBR)
Islamabad
+92 051 920 8407
+92 333 5201233
http://www.fbr.gov.pk/

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                                      PRESS SECTION

                     HIGH COMMISSION OF PAKISTAN

                                      132 Jalan Ampang,

                                Kuala Lumpur, Malaysia.

                        Tel (603) 2161-1370, Fax (603) 2161-0384

 

Press Release

 

Pakistan aims to ink FTAs with ASEAN, GCC, says Secretary Commerce

 

Pakistan expects to seal Free Trade Agreement (FTAs) with two promising regional groupings to boost the country's trade performance, Secretary Commerce, Government of Pakistan, Mr. Zafar Mahmood has said.

"Pakistan is to sign the agreements with ASEAN and the Gulf Cooperation Council," he said in an interview here following the conclusion of Pakistan Malaysia Business Forum and the meeting of Joint Review Committee on FTA.

He said Pakistan had followed the past track records of trade improvements after signing Free Trade Agreements with countries like Malaysia, China, Sri Lanka and Mauritius. "A study carried out by a Malaysian entity also showed both ASEAN and Pakistan stand a bright profitability chance if the deals go through," he said, adding "free trade agreements with both the groupings will enable Pakistan to directly tap the immense opportunities in ASEAN and GCC member countries and formal negotiations with ASEAN and GCC will begin soon".

Citing Malaysia as an example, Mr. Zafar noted that prior to the FTA signing between the two countries in 2007, trade volume was not significant. "The FTA, which came into force on January 1, 2008, has improved trade significantly and we expect the same improvement to happen after Pakistan inks the FTA with the GCC," said Mahmood, who was also former vice-chairman of Pakistan Export Promotion Bureau.

He said that through the FTA, Pakistan was not the only party to benefit, but also both the groupings. "Through the signing, member countries can utilise Pakistan as the gateway to other countries neighbouring the Islamic state," he said.

To another question, Mr. Zafar Mahmood said Pakistan's exports had grown by 28 per cent and imports had risen by 14 per cent in the last financial year ended June 30, 2011. "We are eyeing to export goods worth more than US $150 million to Malaysia in the current financial year ending June 30, 2012," he said.

The Secretary said Pakistan still has the huge trade deficit with Malaysia. "Malaysia is a big palm oil producer and Pakistan, one of the major consumers of palm oil ... this makes it harder for Pakistan to export more, as it is not comparable with the large amount of palm oil flowing into Pakistan," he said, calling on the Malaysians to explore Pakistan more in order to discover the variety of services that it has to offer.

He said Pakistan had the huge potential of exporting more rice to Malaysia as the country is emerging as one of the top producers globally. It is also in line with the annual increase in Malaysia's per capita rice consumption. "Since the implementation of the Free Trade Agreement (FTA) in 2008, bilateral trade has increased steadily. Total trade grew by 133 per cent from RM3.42 billion in 2006 to RM7.99 billion, last year." In 2010, Malaysia imported goods from Pakistan worth RM475.9 million compared to RM525.8 million in 2009," he said.

Zafar said Malaysia's exports to Pakistan amounted to RM7.52 billion last year, representing an increase of 31.3 per cent. "Malaysia is Pakistan's 25th largest export destination and fifth largest source of imports," he added. For the first six months of this year, total trade between both countries was valued at RM4 billion, a growth of 11.7 per cent from the same period, last year.

 

Kuala Lumpur, Malaysia, 20th September, 2011

 
Hamid Raza Khan
Press Attache
High Commission for Pakistan in Malaysia
132 Jalan Ampang, 50450 Kuala Lumpur
Ph: 00603 2161 1370
Fax: 00603 2161 0348
Cell: 00601 02441963

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UNIDO asks women entrepreneurs to explore international markets

Individuality guarantees success, lack of information harms trade

Pakistani women are dedicated, have brilliant creativity: Bakhait

Women need trade capacity-building, Samina Fazil

 

 

Dated: Sept 20

 

Islamabad: The United Nations Industrial Development Organization (UNIDO) on Tuesday asked women entrepreneurs to explore international markets for their products to improve the living conditions and promote global prosperity.

 

Customization can help business women with little finances to run successful businesses while those enjoying successful business will experience an unprecedented boost, said Engr. Shadia Yousif Bakhait, UNIDO Representative, Pakistan.

 

Speaking at a seminar titled, "International Trade in Creative Goods," which was part of UNIDO's Women Entrepreneurship Development Programme, Bakhait called upon women to design things keeping needs of customers in the mind.

 

The country head of UN agency said that they are very impressed with the performance of Pakistani women who are dedicated and have brilliant creative skills.

 

Shahida Waheed, National Programme Coordinator, UNIDO, said that social linkages are vital for promotion of businesses. She said that women entrepreneurs should not confine themselves to select clients but also explore new avenues. 

 

Stressing the need of updated information, Wahid said that lack of information can prove disappointing for women involved in businesses.

 

Speaking at the occasion, Dr. Zhen Ye, Lecturer in International Business, said that Pakistani women have great potential and they can dig into international markets.

 

Ye gave examples of women in many countries involved in international business and stressed market research as well as creative thinking.

 

The international trainer said that individuality is a key to success for women. He said that carpet is part of life and culture in many Muslim countries and Pakistan has a strong presence across the world.

 

He informed that consumer preference should not be ignored; this has forced all international chains to showcase handicrafts and things that Pakistani women are expert in making, which is a great opportunity.

 

Dr. Zhen Ye, said that having a good website is imperative for business no matter what product is offered for sale.

 

He said Pakistani women can design office products which will be in great demand.

"Painting has emerged as a huge international business but every business women should not design for the sake of design but design and customise for others to ensure success.

 

Speaking to the participants of the seminar,  Parvin M. Khan, Head of Business development and Training Islamabad, First Women Bank Ltd. said that her Bank will offer all facilities to women to prosper.

 

Samina Fazil, President, Islamabad Women's Chamber of Commerce and Industry (IWCCI) said that apart from UNIDO other organisations should also offer tailor-made solutions for the sustainable development of women.

 

She said that local ethnic and traditional designs can be marketed in a better way which will help women in a great way. All we need is trade capacity-building and proper opportunities, said Samina Fazil.

 

Samina asked members of IWCCI to explore partnerships and ethical businesses.

 

She called upon government to support reduction of poverty through productive activities among women. 

 

 

 

Caption

Islamabad: Engr. Shadia Yousif Bakhait, UNIDO Representative, Pakistan, Shahida Waheed, National Programme Coordinator, UNIDO, Dr. Zhen Ye, Lecturer in International Business, Parvin M. Khan, Head of Business development and Training Islamabad, First Women Bank Ltd. and Samina Fazil, President, Islamabad Women's Chamber of Commerce and Industry with participants of UNIDO seminar titled "International Trade in Creative Goods."

--
Samina Fazil,
President,
Islamabad Women's CCI
Mobile: 0323-5343199
Land-line: 051-2252256




--
Samina Fazil,
President,
Islamabad Women's CCI
Mobile: 0323-5343199
Land-line: 051-2252256

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Dear friends and scholars,
Please find Mr. Fasihuddin's Coloumn on "Islam and Democracy—The Question of the Economist", inDaily AajPeshawar today on September 20, 2011. The writer discusses the real reason why The Economist (August 6th—11th, 2011) has asked the question 'Can Islam co-exist with Democracy?'. This is not a rational question to compare Islam—a religion—with a political or economic theory. In case, needed, Islam can be studied as a part of the comparative studies of religions. The article describes a little about such questions asked by other scholars and think-tanks. You may find the article on following links http://www.dailyaaj.com.pk/epaper-detail.php?image=MTMyMzg=
 
With Best Wishes
---
Imran Ahmad Sajid
General Secretary,
Pakistan Society of Criminology
House#3, Aashiq Abad, New Warsak Colony,
Warsak Road, PESHAWAR,  Khyber Pakhtoonkhwa, Pakistan.
Phone:  +92-91-5200806 (Office)






















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Dear,

For information and kind attention. Let me know if you have any questions.

Best regards,

Amjad




WFP News Release

20 September 2011


FOOD SECURITY REMAINS TOP PRIORITY IN UN FLASH APPEAL FOR PAKISTAN


ISLAMABAD - The United Nations World Food Programme (WFP) is rapidly scaling up its life-saving food distributions in the flood-hit areas of southern Pakistan to reach 500,000 people this month with general food rations and highly fortified, locally-produced foods designed to tackle undernutrition in young children.

"Initial assessment data confirms what we feared: that more than half of those affected by the monsoon floods are critically short of food," said WFP Acting Country Director, Dominique Frankefort.

The results of an assessment concluded last weekend indicate that some 3 million people are in need of food assistance in Sindh. WFP plans to reach 80 percent of this total – 2.5 million people – from October, with the remainder to be assisted by other agencies.

"We look to our donors and their usual generosity to help us reach all those in immediate need following this latest disaster, while ensuring that the recovery of those affected last year is not compromised" Frankefort said.

The National Nutrition Survey, just released by the Ministry of Health, found that rates of undernutrition in Sindh were at worrying levels with 17.5 per cent of children under five years suffering from acute malnutrition, of which nearly seven per cent were severely malnourished. In addition, half of all children in Sindh were stunted – that is shorter than average height, more susceptible to disease and at risk of impaired intellectual and physical development.

WFP is addressing immediate needs in the first five priority districts of Badin, Mirpur Khas, Nawabshah, Sanghar and Tharparkar, by drawing upon existing food stocks available in-country. So far WFP has provided life-saving rations to some 80,000 flood-affected people.

The food ration WFP is distributing in the flooded areas includes fortified wheat flour, pulses, high energy biscuits, wheat-soya blend, iodized salt, and fortified cooking oil.  In addition, the ration package includes ready-to-use supplementary food (RUSF) specially formulated to nourish the most vulnerable, young children.  This product, which does not require cooking, can be eaten by children straight from the packet.

The Pakistan Floods Rapid Response Plan 2011, is seeking US$357 million for UN agencies and NGOs to support the Government's response efforts. Of this total, US$174 million is required for food security interventions and a further US$ 1.9 million to provide essential transport, storage and coordination services for the community of humanitarian respondents.

#                              #                                 #


WFP is the world's largest humanitarian agency fighting hunger worldwide.  Each year, on average, WFP feeds more than 90 million people in more than 70 countries.

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For more information please contact (email address: firstname.lastname@wfp.org):
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The information contained in this electronic message and any attachments is intended for specific individuals or entities, and may be confidential, proprietary or privileged. If you are not the intended recipient, please notify the sender immediately, delete this message and do not disclose, distribute or copy it to any third party or otherwise use this message. The content of this message does not necessarily reflect the official position of the World Food Programme. Electronic messages are not secure or error free and may contain viruses or may be delayed, and the sender is not liable for any of these occurrences. The sender reserves the right to monitor, record and retain electronic messages     

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IOM Empties Aid Stockpiles, Appeals for Funds for Pakistan Flood Victims

 

Press Release

20 September 2011

ISLAMABAD: IOM is this week distributing the last of 21,000 emergency shelter and non food relief item kits that it pre-positioned in Pakistan’s Sindh province at the beginning of the year in anticipation of the 2011 monsoon.

 

Some 18,000 of the kits, each of which includes two plastic tarpaulins, two blankets, a kitchen set and a bucket – enough to meet the needs of 126,000 people - have now been distributed or handed over to local implementing partners for distribution to vulnerable families in the worst flood-affected districts of Sindh.

 

But according to Pakistan’s National Disaster Management Authority (NDMA), over 6 million people have now been affected by the flooding in all 23 districts in Sindh. Nearly 1.39 million houses have been damaged or destroyed and over 428,000 individuals are now living in 2,737 relief camps. At least the same number of displaced people may be living in unrecorded, spontaneous settlements, according to an IOM-led rapid needs assessment.

 

Based on this data and the assessment of 2,547 temporary settlements completed a week ago by IOM and partner agencies in the IASC Emergency Shelter Custer, IOM is now appealing to international donors for US$14.6 million to procure and distribute emergency shelter and non food items to another 553,000 vulnerable people over the next three months.  

 

“The money will go towards providing shelter and non-food relief items for the most vulnerable flood victims, meeting the needs of displaced people in temporary settlements and relief camps, tracking displacement, building local capacity and coordinating the work of the Emergency Shelter Cluster,” says IOM Pakistan Chief of Mission Hassan Abdel Moneim Mostafa.

 

IOM is also appealing for an additional US$2.2 million to support the NDMA and its provincial counterpart in Sindh – the PDMA; US$589,000 for the provision of primary health care for flood victims; US$ 300,000 for humanitarian mass information campaigns; and US$300,000 for security awareness training for aid workers working in flood-affected areas.

 

Working closely with government counterparts NDMA and PDMA to complement Pakistan’s massive flood response effort in Sindh is another key aspect of IOM’s strategy, according to Abdel Moneim Mostafa.

 

At NDMA’s request, IOM procured and distributed 23,000 food ration packs to flood-affected families in seven districts in Sindh. It is also helping NDMA to transport relief goods to distribution sites and camps. Since mid-August some 59 IOM trucks have transported NDMA relief supplies, including 15,000 tents, 40,050 blankets, medicines, water purification units, and search and rescue boats for distribution in flooded areas.

 

For more information on the work of the Shelter Cluster in the 2011 Pakistan floods please go to:  www.shelterpakistan.org.

 

For other information please contact IOM Islamabad. Saleem Rehmat, Tel. +92.300.856.0341. Email: srehmat@iom.int  or Chris Lom Tel. +92.303.555.2058. Email: clom@iom.int

 

 

------------------------------------------------

Saleem Rehmat
National Programme Officer/Public Information Officer
International Organization for Migration
IOM-Islamabad (Pakistan)
Tel: +92 51 / 2831061-5 / 2831040-3 / Ext:301
Fax: (92 51 / 2822968
Cell: +92(0)300 856 0341
www.iom.int

 

================= The information contained in this electronic message and any attachments are intended for specific individuals or entities, and may be confidential, proprietary or privileged. If you are not the intended recipient, please notify the sender immediately, delete this message and do not disclose, distribute or copy it to any third party or otherwise use this message. The content of this message does not necessarily reflect the official position of the International Organization for Migration (IOM) unless specifically stated. Electronic messages are not secure or error free and may contain viruses or may be delayed, and the sender is not liable for any of these occurrences.

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