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Tuesday, May 16th, 2017

 

Bilateral ties: Nepal seeks investment opportunities in Pakistan

Bilateral

PESHAWAR, MAY 16, (DNA) – Ambassador of Nepal to Pakistan Sewa Lamsal Adhikari invited Pakistani business personnel to explore investment opportunities in her country. Speaking during a meeting with traders of the Sarhad Chamber of Commerce and Industry on Monday, she said that both nations have tremendous potential in the areas of trade, tourism, investment and cultural promotion. “Pakistani people are vibrant and innovative in business enterprises with an established tradition, proven skills, innovation and craftsmanship in the region,” she said. Adhikari invited the Pakistani business community, especially those basedRead More


Goods transporters’ strike enters day 9

KARACHI: The goods transporters’ strike continues on the ninth day on Tuesday (today). It is feared that there is no space available at the port to accommodate more containers. The Karachi International Container Terminal stands full of the goods transporters are refusing to transport from the ports to the markets. If the strike continues, people in the country may be faced with a shortage of food items. To add to this, the dispatching of orders as per the schedule is being hindered which is affecting the export of goods also. The imported raw material also lies in containers at the ports which is not being transported to factories, inflicting losses worth billions for manufacturers. “Goods in thousands of containers are in factories, as the capacity of warehouses has been exhausted,” said an exporter, adding irrevocable damage could be caused if the issue is not resolved on an immediate basis. Experts from across the country worth Rs48 billion are said to have been halted due to the strike, with businessmen facing losses worth millions every day. On Saturday, the Sindh High Court banned the entry of heavy traffic in the port city which is persisting. Transporters have entered into a strike to protest against the ban disallowing entry of heavy vehicles into the city. Traders, industrialists, and manufacturers have all severely criticised the strikers for causing a severe bottleneck in the supply of basic necessities and other imported goods that sit idle in the containers on the port, which, in turn, have resulted in export consignments being unable to get loaded and dispatched.

KARACHI, MAY 16, (DNA) – The goods transporters’ strike continues on the ninth day on Tuesday (today). It is feared that there is no space available at the port to accommodate more containers. The Karachi International Container Terminal stands full of the goods transporters are refusing to transport from the ports to the markets. If the strike continues, people in the country may be faced with a  shortage of food items. To add to this, the dispatching of orders as per the schedule is being hindered which is affecting the exportRead More


Pakistan, Bangladesh ties need be strengthened, says Info Minister

Marriyum

ISLAMABAD, MAY 16, (DNA) – Minister of State for Information and Broadcasting Marriyum Aurangzeb has emphasised the need to strengthen relations and enhance cooperation between Pakistan and Bangladesh. Talking to a delegation of Bangladeshi journalists in Islamabad, she said that the shared art and culture could provide a point of convergence of interests between the two countries. Marriyum Aurangzeb reiterated that Prime Minister Muhammad Nawaz Sharif had a vision of peaceful co-existence and harmony in the region and it was accordingly was vigorously pursuing the concept of ‘peaceful neighbourhood’.=DNA ============


First Orange Line Metro train rolls out

First

BEIJING, MAY 16, (DNA) – The first of 27 trains designed for the Orange Line Metro in Lahore rolled off the production line in central China’s Hunan province on Monday. The train with five coaches designed for the 25.58 km Orange Line Metro was being produced by CRRC Zhuzhou Locomotive Co Ltd, official source said here. An energy-saving air-conditioning system suitable for the constant high summer temperature in Pakistan has been designed and installed in the train. The design combines the national flower of Pakistan and the shape of theRead More


Census completion deadline likely to be extended

Census

ISLAMABAD, MAY 16, (DNA) – Officials in the capital city have informed media sources that the authorities may have to extend the deadline for the census in Islamabad by a month in order to ensure that the exercise has been completed in a comprehensive manner. They, however, blame poor planning and underestimations as projected by the Pakistan Bureau of Statistics (PBS).Officials from the PBS, the Islamabad Capital Territory Administration and Islamabad Police are thus expected to hold a meeting on Tuesday (today), to review the issues and decide on the extensionRead More


British authorities detain crew, search plane at Heathrow airport

Heathrow airport

LONDON, MAY 16, (DNA) – British authorities detained the crew of a Pakistan International Airlines (PIA) flight after it landed at London’s Heathrow Airport. The members were ‘thoroughly searched’ afterwards, according to reports. The plane was searched for over two hours after landing, PIA spokesperson Mashhood Tajwar said. Flight 785 landed at Heathrow Airport at roughly 2:50pm on Monday. Upon landing, the flight crew and aircraft were searched by authorities, the spokesperson said. They were later released after 14 hours. The reason behind this emergency search operation is still unknown. PIA plan to takeRead More