ZTBL, Al-Ghazi Tractors sign agreement

KARACHI (Staff Reporter): Zarai Taraqiati Bank Limited (ZTBL) has agreed to extend cooperation with the leading tractors and agriculture equipment manufacturers Al-Ghazi Tractors Limited (AGTL) to look into the possibilities of improving farmers’ economy and increasing their yield. This was agreed during a meeting between ZTBL CEO Talat Mahmood and Chairman of Al-Ghazi Tractors & President Al-Futtaim Automobile Division Dubai Mr. Len Hunt. The meeting was also attended by Farhat Karim Hashmi, Executive Vice President ZTBL, Majyd Aziz Balagamwala, Board member ZTBL and Mohammad Shahid Hussain, CEO Al-Ghazi Tractors. A committee comprising members of ZTBL and AGTL will be formed to develop a mechanism to improve the farmers’ economy and crops yield. In addition, the committee would devise a formula for more cooperation between the two organizations. The two parties further agreed on the need for introduction of brand new combine harvesters replacing the ‘second-hand’ market, and facilitating farmers in acquiring new harvesters.

AGTL sought ZTBL’s support in launching and financing of the new harvesters, while assuring the delegation that it would revert with the newly developed attractively priced harvesters.

It was suggested by AGTL that the loan markup be made more attractive for farmers by diverting the Green Tractors money toward reduced mark up. The ZTBL delegation said the institution would also look into the possibility of bulk financing to facilitate service providers for buying and renting out the agriculture equipment such as these harvesters.

AGTL CEO told the meeting that the organization has heavily invested in parameters that have directly contributed in the improvement of quality of its products and invited the ZTBL delegation to visit its manufacturing facilities.

NAVTTC ED attends convocation ceremony

Lahore (PR): Executive Director, NAVTTC, Zulfiqar Ahmad Cheema attended a convocational ceremony in a private vocational training institute, in Lahore as Chief Guest. He awarded certificates to the students who completed one year training in Fashion & Textile designing under Prime Minister Hunarmond Program. Zulfiqar Ahmad Cheema urged the students to work hard in their professional life during his address to the successful students. He said “technical & vocational training in different useful trades is playing an important role to eliminate unemployment form the country. The Government is providing training in those trades that will help the youth to become the useful citizens of the country.” NAVTTC would continue to train millions of young people in demand driven trades, he added. Zulfiqar Cheema said thousands of jobless youth got job after getting training under Prime Minister Hunarmond Program in different trades that considerably reduced rate of unemployment.

Cheema further added that NAVTTC is engaged in utilizing the untapped potential of youth in the right direction so that they become productive citizens and contribute towards socio-economic development of the country.

Quetta attack a bid to sabotage CPEC

Lahore (PR): The fast pace of work on the CPEC Project has pained the anti-Pakistan elements and as such they had initiated attempts to sabotage CPEC and overall economic development of the province because the CPEC would positively contribute towards national security and solidarity.  This was stated by the Archbishop Sebastian Francis Shaw, in a meeting with St Anthony's College Principal Shahid Ambrose Moghul, which was held in connection with the condemnation of the brutal and inhuman attack of suicide bomber recently in Quetta. He said that the Quetta attack was actually a failed bid to sabotage the CPEC. He prayed for the peace and harmony in the country and expressed solidarity with the all victims including the Christian lawyer Aurther who was also died in the brutal attack. In his remarks, Shahid Ambrose Moghul said the terrorist attack has deeply shocked and saddened which caused grave casualties in Quetta. We express our strong condemnation. Our hearts go out to the families of those killed and injured, and we mourn for the lives lost.

We oppose all forms of terrorism. We will always stand behind the government and our armed forces in the fight against terrorism and campaign for stability of the country and security of the people", Mr. Moghul added.

He hoped that CPEC would usher a new era of development and prosperity in Baluchistan. He said the entire Pakistani nation is united to crush the monster of terrorism with full national might.

PIAF to celebrate 20th anniversary today

Lahore (Staff Reporter): Pakistan Industrial & Traders Associations Front (PIAF) is celebrating its 20th anniversary (1996-2016) with great zeal and enthusiasm on Thursday (today). The event will be beautifully organized in a local hotel tonight at 7.30pm. Office bearers of PIAF Chairman Irfan Iqbal sheikh, senior vice chairman Tanveer Ahmed Sufi, and vice chairman Khawaja Shahzeb Akram have requested all business community of Lahore to fully participate in this event. The invitations have already sent to VIPs, leading businessmen beside all the members of PIAF. PIAF chairman Irfan Iqbal Sheikh  said that all members deserve appreciation and admiration for their efforts to lift the association so high since the day of its inception in 1996. They said that a journey which was started in 1995-96 has now reached on a landmark having twenty years of its devotion and complete dedication with all business community “since its very inception the PIAF has proved itself an effective voice of the business community for the promotion of Trade & Industry businesses” they said.

All PIAF senior leaders, former chairmen including Mian Shafqat Ali, Mian Ajnum Nisar, Muhammad Ali Mian, Sheikh Muhammad Arshad, Mian Abuzar shad, Irfan Qaiser Sheikh, Sohail Lashari, Tahir Javed Malik, and sitting chairman Irfan Iqbal Sheikh will be honoured on the occasion.