Govt to ensure transparency in privatisation process: Abid

ISLAMABAD (APP): Minister of State for Water and Power Abid Sher Ali said on Friday that the government will ensure transparency in privatization process of state owned entities. Talking to media outside the Parliament, he said, “We want to privatize sick units and make them profitable”. He said open biding for the privatization will be offered and complete transparency will be ensured in the whole process. When asked that the government would offer the state-owned enterprises to their own people, he said, in the presence of free and independent media, it will not be possible to make such a move. To a question, he said the government will welcome healthy criticism from the opposition.

International Women Leaders Summit to be held on February 11

KARACHI (Staff Reporter): Pakistan’s premier conference for women professional development, the International Women Leaders Summit, being held on Tuesday, 11th February 2014 under the banner of New World Concept. This year’s conference aims to focus on ‘Women Making an Impact’ by bringing women professionals and entrepreneurs together to learn from women who are pioneering agents of change in diverse fields such as business, government, medicine and entrepreneurship. The summit explores ways women as entrepreneurs and corporate executives are re-shaping the business world and redefining leadership globally, while working to create sustainable future.

“The International Women Leaders Summit is a unique chance for women delegates in Pakistan to learn lessons about exploring opportunities and overcoming personal and professional barriers from global women leaders and national success stories” said Yasmin Hyder, CEO, New World Concepts.

ICCI urges local investors to tap agri potential

ISLAMABAD (INP): ICCI in collaboration with Chakwal Chamber of Commerce & Industry organised a focus group meeting of agriculture experts with agro sector businessmen of Potohar region to identify potential opportunities for local and foreign investors in various varieties of agriculture crops and share ideas on improving agriculture productivity.  Speaking at the occasion, Shaban Khalid, President, ICCI said that Barani areas of Potohar region has suitable climatic conditions for agriculture and stressed that Agriculture Research Institutes should identify all potential varieties of agriculture and horticulture crops in this region to attract more local and foreign investment.

These institutes should also cooperate with agro sector businessmen in value addition of such products in order to meet local needs as well as to increase exports of surplus crops.

He said ICCI has taken initiative to take on board the regional Chambers of Commerce to promote linkages between agriculture research institutes and agro sector entrepreneurs. The purpose is to explore the potential of all varieties of agro products in this region so that businessmen and investors could be encouraged to exploit all such investment opportunities.

Khawar appointed FBR body member

LAHORE (Staff Reporter): Khawaja Khawar Rashid, Executive Committee Member Lahore Chamber of Commerce  and Industry (LCCI), has been appointed as Member of Valuation Committee of Federal Board of Revenue (FBR).  He was appointed on the recommendation of LCCI. His appointment was decided in a special meeting of Tariq Bajwa, Chairman FBR, with Sohail Lashari, President LCCI and Chief Collector Custom Lahore. Khawar said at this occasion “I shall play a role of bridge between governmental departments and commercial importers to solve their issues and to enhance national revenue”.

Denmark offers help to Pakistan in technology of green energy

ISLAMABAD (Online): Denmark has offered assistance to Pakistan in adopting the technology of green energy. The offer was made by the Danish Ambassador to Pakistan Jesper Sorensen at a meeting with Minister of State for Water and Power Abid Sher Ali here on Friday. According to the Ambassador, a new world record was set in Denmark last month. In December 2013, 57 per cent of all electricity produced in Denmark was generated by wind power. On one single day, December 21, wind mills produced more electricity than the total Danish consumption. Denmark has a goal of becoming the world’s first completely fossil fuel free country by 2050.