APCMA issues no letter to call meeting

 LAHORE (Staff Reporter): The All Pakistan Cement Manufacturers Association (APCMA) has categorically denied any meeting of cement manufacturers called by the association and termed a meeting announcement letter presently in circulation allegedly dated October, 24, 2017 as fake, fabricated and malicious in its content. The spokesman has stated that the letter in circulation allegedly calling for a meeting on pricing and input cost matters is not only a fabrication but is also a criminal act. The said fake letter has been designed using fake logo of the association as well as fake signatures of the chairman in order to achieve some malicious objectives. The said fake letter has been disseminated using electronic means of communication in order to harm the reputation of the APCMA, besides impersonating its chairman. This act of forgery and impersonation attracts the provisions of the Pakistan Penal Code, 1860 as well as the provisions of the Prevention of Electronic Crimes Act, 2016. Requisite action in terms of the law is being taken against the perpetrators.

 

‘Indian, Iranian products replacing Pakistan’s in Afghan market’

ISLAMABAD (INP): Pakistani products are fast losing ground in Afghanistan to goods produced in India, Iran and other countries, a business leader said Wednesday. Despite similarities of language and culture of the majority involved in import and export the trade is going down which must be revived through government’s intervention, said Atif Ikram Sheikh, former President ICCI. Afghanistan was Pakistan’s second largest trade partner for long but now China has replaced Islamabad while UK and Germany have also improved their trade with the war-torn country, he added. Atif Ikram Sheikh said that our policymakers want to improve trade with the countries which are thousands of miles away but continue to ignore the neighbouring nations which is amazing. So far our government could not establish land port authority, improve trading points like Torkhum and Chaman or operationalize Ghulam Khan Post while Iran continues to facilitate trade.

The Afghan government has also imposed regulatory duties on various Pakistan products which helped similar Iranian and Indian goods to replace items made in Pakistan. Imports from Afghanistan do not require foreign exchange because many Afghan traders happily accept rupee which should be exploited.

 

Infrastructure development to boost

exports: PBIF

MULTAN (Online): President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that the improvement of infrastructure would not only reduce the cost of doing business but also enhance the exports. While talking to business community, he said Multan was a known trading and industrial hub before partition but it gradually lost the significance despite the fact that many leading politicians of the country belong to this area. The issues hindering the growth of the area include lack of energy and hike in its price; weak infrastructure, improper storage facilities and a dry port which badly needs upgradation. He said that the city has become important due to CPEC and government should take steps to improve the situation with the active consultation of Multan Chamber of Commerce and Industry. The area is known for export of yarn, mango, garments, leather and handicrafts while the mango export target is frequently exceeded but the support of the govt is needed to gain a foothold in the better markets of the west, he said.

Rail and road infrastructure is being improved to cater for the needs of CPEC but local issues should also be resolved as Multan has been dubbed as one of the best cities for investment by World Bank and other institutions due to its cheap labour cost, therefore Govt. apart from working n city’s infrastructure should also focus on boosting Economic activities in Multan.

 

CCRI demonstrates cotton picking by

machine

MULTAN (APP): Central Cotton Research Institute (CCRI) conducted successful demonstration of mechanized picking of cotton from field here on Wednesday. It was first time in country's history that cotton was picked by a machine at the Institute. The machine was imported from Uzbekistan for ongoing season of cotton. A three-member team from Uzbekistan also reached Multan to supervise the working of machine. CCRI Director Dr Zahid Mehmood informed that the machine could manage cotton picking from 10 to 12 acres in a day. Similarly, the machine could help meet shortage of cotton-picker labourers as it could work equal to working 1,500 labourers. He said the country was faced with shortage of women labourers, adding that cotton picker machines would be the future of the country. He maintained that cotton picking experiments were being conducted on different varieties in the Institute. He added the machine was not suitable for all varieties of cotton.

However, cotton varieties having 80 to 120 cm height and nearly 90 cm width of rows could be picked easily.

Cotton Commissioner Dr Khalid Abdullah felicitated the CCRI for conducting cotton picking experiments by machine.