Zulfiqar Ali Khan elected new president of KPCCI

PESHAWAR (Staff Reporter): Zulfiqar Ali Khan has been elected as president of Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) unopposed for the year 2015-16, while Hammad Khalid and Shuja Muhammad have been elected as senior vice president and vice president respectively. The announcement was made during a meeting of the KPCCI Election Committee at the Chamber House here on Tuesday. According to the election commission, no nomination papers were submitted against Zulfiqar Ali, Hammad Khalid and Shuja Mohammad following which they were elected unopposed for next tenure 2015-16, the election commission notified.

The new unopposed elected cabinet of KPCCI will take charge of their office by October 01.

Earlier, in KPCCI elections for corporate group, the candidates of businessmen forum, Zulfiqar Ali, Muhammad Iqbal, Mumtaz Ali and Husnain Khurshid were elected unopposed, while candidates of the businessmen forum for associate group, Haji Afzal, Jalil Jan, Hammad Khalid, and Rashid Iqbal were also elected unopposed.

Govt working on gas-based power projects

LAHORE (APP): Punjab Power Development Company (PPDC) chairman Arif Saeed has said the provincial government is working on gas-based projects to produce 3600 megawatts of electricity. He said that first of its kind, a power project was being set up at Bhikki (Sheikhupura) with a capacity of 1200MW. He said the Punjab government had diverted all available resources to complete energy projects speedily. He said the work on 1320MW coal power plant in Sahiwal was also being carried out on war-footing and this project was being completed with the cooperation of China. To a question, PPDC chief said the government was offering special incentives to investors for investing in energy sector projects.

He said, efforts were being made to produce electricity from alternate resources and for this, work was being carried out on projects of energy generation through gas, coal, solar, hydle, biogas, biomass and wind sources.

Punjab govt to provide Rs1.18b subsidy on agri machinery

MULTAN (APP): The Punjab govt has launched a programme to provide subsidy on agriculture machinery to farmers and Rs1.18b have been earmarked for this purpose. According to Assistant director information agriculture Naveed Asmat Kohloon, the machinery related to different crops including cotton, wheat, paddy, maize, sugarcane and peanuts. The subsidy would be provided in 2484 union councils of the province wherein one farmer would be provided with machines on subsidized rates. He added that machines includes rotavator, discs, seed drill, sugarcane cutter, multi-crops seed drill, and some others. The share of agriculture in GDP was nearly 21pc, however, 60pc of country’s population was dependent on agri sector.

, he said, adding that the promotion of mechanized agriculture would surely help improving living standard of farmers.

Our farmers were less familiar how to utilize machinery and there was dire need to promote mechanized farming, Kohloon added.

RCCI sign MoU to create linkage between industry, academia

RAWALPINDI (APP): RCCI has signed a memorandum of understanding with The Roots International Schools (RIS) to create linkage between industry and academia. The MoU would help bring improvement in the economy and stability in the country. CEO RIS, Walid Mushtaq and President RCCI, Syed Asad Mashahdi signed the MoU in a ceremony held here. The purpose of this MoU is to exchange educational resource material, research projects and encourage the members to take part in conferences, seminars and other professional activities organized by the institution. Speaking on the occasion, President RCCI Syed Asad Mashahdi said that corporate linkage between industry and academia is need of the hour.

He said that RCCI is well aware of the significance of academia-industry linkages.

He said that the Chamber had signed MoUs with other universities of the region to achieve progress in this regard.

CEO RIS, Walid Mushtaq said that Roots International Schools is going to provide fee waiver facility in the admission fee for the children of RCCI members as well as other staff.

He said that RIS will extend cooperation with RCCI in business, research and sharing of resources for the uplift of academic and business activities across the country.

Internet growth slows; most people still offline: UN

ISLAMABAD (APP): Growth in the number of people with access to the Internet is slowing, and more than half the world’s population is still offline, the United Nations Broadband Commission said. Internet access in rich economies is reaching saturation levels but 90pc of people in the 48 poorest countries have none. The access growth rate is expected to slow to 8.1pc this year, down from 8.6 percent in 2014. Until 2012, growth rates had been in double digits for years. “We have reached a transition point in the growth of the Internet,” report said. The commission, set up in 2010 by the International Telecommunication Union and UNESCO, the UN scientific and cultural agency, said the milestone of 4busers was unlikely to be passed before 2020.

It said growth in Facebook subscribers was outpacing growth in the Internet.