PIA issues show-cause notices only to those involved in strike

KARACHI (Online): Pakistan International Airlines (PIA) spokesman Danyal Gilani has clarified that show-cause notices have only been issued to those employees who were actively involved in the strike. In a statement, he said the employees who have been served with notices can reply to the management within the given timeframe, clarifying their positions. The spokesman said law would take its course against those employees only who are found guilty of causing losses worth billions of rupees to the national airline and sufferings to thousands of passengers. Danyal Gilani said under the Essential Services Act, PIA's management is bound to take appropriate action against those found guilty.

Turks show interest in

Pakistani products

ISLAMABAD (Online): A Turkish delegation has showed interest in the Pakistani products and termed the Pakistan’s visit as very beneficial, said a press release issued on Wednesday. Secretary General Inegol Businessmen Association Ramazan Dogan said that plenty of business opportunities exist in Pakistan. He further said that the economic and trade atmosphere is conducive in Pakistan. Dogan said that the business in textile, furnishers, leather, food, agriculture, machinery and technology sectors could be done in Pakistan. The delegation also visited Expo Centre, Lahore Chamber, Gujrat and Gujranwala, city industrial zones. A delegation member said soon they would come to Pakistan with a larger delegation.

KP oil, gas reserves can change country’s fate: PBIF

PESHAWAR (Online): Pakistan Businessmen and Intellectuals Forum (PBIF) president on Wednesday said that oil and gas reserves in the Khyber Pakhtunkhwa province could change the fate of Pakistan. Mian Zahid Hussain said that the province has nine trillion cubic feet of recoverable gas reserves and 500 million barrels of oil, while investing in KP oil and gas sector can help in reducing unemployment and militancy, said a press release issued on Wednesday. He further said that presently KP provinces has been producing half of the oil of the total national output while 10 percent of the gas which has been provided to the other provinces.

He said that OGDC and MOL have been actively participating in exploring activities.

Hussain said that dozens of American, Chinese, Kuwaiti and other companies have been keen in investing in KP oil and gas sector provided their reservations should be tackled. He said that employing latest technology could increase the volume of recoverable oil and gas reserves which will help Pakistan in a great way.

Fish processing zone to be set up in south Punjab

LAHORE (APP): A modern fish processing zone will be set up in south Punjab to promote this sector. Work on fish seed hatcheries in Rajanpur and Muzaffargarh is underway, Director General Fisheries Dr Muhammad Ayub stated this while addressing a seminar on "Fish Feed and Fish Feeding" at Fish Seed Hatchery, Bahawalpur on Wednesday. He said that all important steps are being taken for the provision of best services to fish farmers. He said the measures are being taken for running nurseries and hatcheries on modern lines. The DG said that Fisheries Department has provided five million fish seed to public and private sectors during current financial year for meeting the requirement of fish farmers of Bahawalpur division.

Dr Ayub said that fish farms have been set up on five hundred acre land in private sector in Darawar which would help promote fisheries.

Smeda evolves SME

development plan

SIALKOT (APP): SMEDA Chief Executive Officer Muhammad Alamgir Chaudhry has said that SMEDA is considering to replicate the model of Small and Medium Enterprises Development Organization Turkey for bringing changes in the SME sector. He said it was suggested that a support and business improvement programme should be launched to achieve progress in this regard. He said the programme would be designed to provide support to SMEs in the areas of human resource development, consultancy services for business process improvement, technology upgradation, marketing, export, technology development, innovation, property rights, quality improvement support and other business activities.

He further said that SME support mechanism of KOSGEB was unique and comprehensive as support was provided to SMEs across the business cycles.