PTCL restores services in earthquake-hit areas

LAHORE (Staff Reporter): Pakistan Telecommunication Company Limited (PTCL) has restored the communication services in earthquake hit areas of Khyber Pakhtunkhwa. An earthquake with epicenter in Hindu Kush struck major parts of Pakistan and also affected technical infrastructure and communication links. PTCL responded proactively to this national calamity and its dedicated teams on ground through their round the clock efforts and hard work, restored most of the communication services in Shangla, Upper Dir and adjacent affected areas. Also, medical units were mobilized to facilitate the affectees by setting up free medical camps.

Syed Mazhar Hussain, Chief Human Resource Officer PTCL, said, “PTCL stands with the nation in this hour of grief and is fully cognizant of its responsibilities. Our doctors and medical staff are actively involved in examining the earthquake affectees and providing them complete treatment and medication.”

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IBIs assets, deposits witness increase of 37pc: SBP

ISLAMABAD (APP): Growth momentum of Islamic banking industry in the country continued during FY15 as both assets and deposits of Islamic Banking Institutions (IBIs) witnessed increase of more than 37pc during the review year. A statement of the SBP issued here Friday said that as of end June 2015, the industry’s asset base reached Rs 1,495 billion and constituted market share of 11.3 per cent in overall banking industry. Similarly, deposits of Islamic banking industry increased to Rs 1,281 billion having a share of 12.8 per cent in overall banking industry deposits. The SBP said that the outreach of IBIs also expanded and, as of June 2015, the branch network of IBIs consisted of 1,702 branches spread across 95 districts of the country.

It added that SBP remained actively engaged in facilitating development of Islamic banking in the country through various promotional and regulatory initiatives.

Use of Nitrogen fertilizer at right time increases yield

LAHORE (APP): Use of Nitrogen fertilizer at right time actually increases yield of sugarcane crop. Agriculture sources disclosed this while talking to APP on Friday. Nitrogen fertilizer should be used in three parts, they said, adding that first part should be used in start of November and other parts later. Late use of fertilizer puts negative impact on the crop, sources added. Weeds could reduce sugarcane production up to 25 percent while hoeing was necessary for removal of weeds and healthy growth of the crop. Farmers could also use chemicals for removal of weeds and they must get agriculture experts advise in this regard from agriculture department near to them.

NPO to hold GAP workshop in first week of November

ISLAMABAD, (APP): A comprehensive e-learning workshop on GAP for Greater Market Access will be held here from November 4 to 6. The workshop is being organized with an aim to enhance participants understanding of the benefits and importance of GAP for increasing access of agricultural-food products to international markets. Experts from various world countries are scheduled to share their experiences with the participants of the course and help them understand the latest trends in this particular field. The workshop has been organized by NPO in collaboration with Asian Productivity Organization Japan which is targeted to familiarize participants with the GAP concept, adoption process, and certification methodology.

This moot would also review the status and procedures for benchmarking of National GAP with other internationally recognized GAP standard.

The official sources at NPO said that general concepts and basic requirements of GAP systems would be discussed in detail.

The experts would share their knowledge on scope and trends in implementation of GAP in Cambodia, GAP and GLOBALGAP and their importance in the global trade in agri-food products as well as issues and challenges in GAP adoption.

They are also scheduled to discuss support systems for the dissemination and sustainability of GAP implementation, Benchmarking national GAP schemes against GLOBALGAP and GLOBALGAP implementation, certification, and key success factors.

CDNS collects Rs101 billion till October 21

ISLAMABAD (APP): The Central Directorate of National Savings (CDNS) has collected Rs101 billion as against the proportionate target of Rs.96 billion till 21 October during the current fiscal year (2015-16). An official of the CDNS informed that the estimated target of the national savings for the year 2015-16 has been set at Rs 302 billion. Likewise, he said, during the first quarter of current fiscal year the CDNC collected Rs 82 billion as against the proportionate target of Rs.66 billion. The official said the federal government has also started making adjustments in the profit rates on new saving schemes from October 01, 2015. He said the instant revision was made in the backdrop of current market scenario.

and in accordance with the government’s policy to provide market based competitive rate of return to the investors of National Savings.