TEXPO to bring businessmen from 51 countries

KARACHI (APP): Federal Ministry of Commerce, under the umbrella of TDAP, will organise four-day international textile exhibition titled TEXPO-2016 Expo Centre Karachi from April 7, with participation of many countries including China, Japan, Russia, Turkey, Italy, Poland, Argentina, Uganda. Six hundred delegations from 51 countries are expected to visit this exhibition to be housed in four halls of the Expo Centre. 230 exhibitors from textile, value-added textile and high-end fashion sectors would participate. This was stated by Federal Commerce Minister Khurram Dastagir Khan on the occasion of soft launch of TXPOP- 2016, here on Tuesday.

TDAP Secretary, Ms. Rabiya Javeri Agha, Patron-in-Chief, Towel Manufacturers Association, Mehtab Chawala, Senior Vice President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) S. Khalid Tawab, Chief Executive Officer, British Business Center, Ms. Malahat Awan were also present.

Auto policy imperfect without quality petrol: FPCCI

KARACHI: (NNI): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday said that recently announced Automotive Development Policy 2016-21 was encouraging but far from perfection. “The policy announced, after a delay of three years, claims that it encourages new manufacturers to enter the market while promoting the latest technologies, but it seems difficult in the current scenario,” said FPCCI President Abdur Rauf Alam.In a statement issued here, he said that Pakistan had been using substandard petrol called RON 87 for the last 20 years, while rest of the world, except Somalia, used RON 92, RON 94 or other brands, which were not only environment friendly but also saved the repair costs.

Alam said that up to 17,000 tonnes of petrol was consumed in Pakistan per day, out of which almost 55 percent was consumed by motorcyclists.

The FPCCI president added continued import of substandard fuel had kept the international suppliers away from Pakistani markets, leaving the govt dependent on few suppliers with no competition. He suggested to the oil industry to invest in technology upgradation, storage enhancement and import quality fuel to save peoples and industry’s money, which was already facing heavy losses due to increasing number of substandard lubricants.

He asked the government to give soft loans to refineries that are unable to bear costs of processing fuel, while the proposal to allow the sale of petrol of various qualities must be rejected, as it would lead to adulteration. “Reducing the quantity of substandard lubricants and introducing quality fuel would renew the interest of foreign investors in Pakistani market,” he noted.

Alam expressed the surprise that some companies were manufacturing cars and motorcycles as per Euro specifications and many businessmen were importing latest cars, but masses had been forced to buy low quality petrol.

“Quality fuel is bit costly, but falling oil prices in the international market have made it viable for the common man, he said, adding, “Without quality petrol question marks would remain over the quality of locally manufactured cars.”

PPAF workshop in Balochistan

ISLAMABAD (PR): The Pakistan Poverty Alleviation Fund conducted the fourth provincial workshop on, ‘Taking SDGs to the Field’, in Quetta. The objective of the workshop was to emphasize the importance of Sustainable Development Goal 5 around achieving gender equality and empowering all women. This platform allowed participants to discuss ways PPAF and its partners could take forward SDG Goal 5 and to reach an agreement with the field staff to take forward the commitments on inclusion and equity. Field staff and senior management from partner organizations in Balochistan implementing PPAF Program for Poverty Reduction funded by the Italian Development Cooperation, Government of Italy participated in the workshop.

Meer Mohammed Tareen, Legal Advisor to the speaker of the provincial assembly, represented the Balochistan government and gave the keynote address. He applauded PPAF for creating a platform to discuss the low gender indicators and noted that Balochistan is the first province to have a female speaker in a provincial assembly.

Businessmen welcome PM’s

resolve to fight terrorism

LAHORE (APP): Traders and businessmen here Tuesday welcomed the Prime Minister Nawaz Sharif’s resolve to fight terrorism till complete elimination of menace. Expressing their views on the Prime Minister’s televised address to the nation, the businessmen and industrialists called for maintaining constant and effective liaison among all the departments concerned. They assured that traders and business community would stand shoulder to shoulder with the government in all its efforts for elimination of terrorism. LCCI President Sheikh Arshad said entire business community stood firm along with the govt and the whole nation in their efforts for uprooting the twin monsters of terrorism and extremism.

Welcoming the PM’s determination to flush out terrorists and bring their facilitators to justice, the LCCI office-bearers expressed the resolve that business and trade community would not desist from their part to play in the sacred cause of saving the humanity from the brutal and nasty terrorists.

Farmers advised to complete sweet potato sowing by June

MULTAN (APP): Agriculture experts have advised farmers to complete sowing of sweet potato traditionally called ‘Shakarkandi’ from April to June-end to get better production. In a press release issued by media liaison unit of Punjab agriculture department here Tuesday, the experts said hot and humid weather conditions are better for sweet potato growth and its sowing was cost effective as it does not require seed but parts of its plant are sown. ‘White Start’ variety of sweet potato gives good production. Sweet potatoes are grown inside the soil and sandy fertile land with better water drainage facility was suitable for its growth. Land should be prepared at shallow depth to avoid difficulty of pulling out the matured production from depth.

A bag of DAP and three bags of Potassium Sulphate be applied per acre and be mixed in soil through ploughing. Sweet potato does not require animal waste fertilizers, however,it does needs seven to eight times water application for better growth.Farmers should consult agriculture extension officials for information on better sowing techniques.