ICCI congratulates UBG on

winning FPCCI elections

ISLAMABAD (INP): Islamabad Chamber of Commerce and Industry has congratulated SM Munir Patron-in-Chief, Iftikhar Ali Malik Chairman, Mian M Adrees newly elected President FPCCI and the rest of the leadership of United Business Group on winning the elections of Federation of Pakistan Chambers of Commerce and Industry through a democratic process for the year 2015. Muzammil Hussain Sabri, President, Islamabad Chamber of Commerce and Industry said that UBG has introduced a merit based election system and true democratic culture in the business politics and hoped that it would bring forward highly competent business professionals to lead FPCCI.

He also felicitated Mian Muhammad Adrees on being elected with majority vote as the President of FPCCI and appreciated the wisdom of UBG leadership for nominating a distinguished business leader for this esteemed position.

He was optimistic that under the leadership of Mian Muhammad Adrees, FPCCI would become a stronger apex trade body to better serve Pakistan’s business and economic interests. He assured that ICCI would extend its full cooperation to new leadership of FPCCI and UBG in efforts aimed at resolving the issues of trade and industry and promoting the interests of private sector.

New textile policy to be ready

in a few days: Abbas

ISLAMABAD (APP): Federal Minister for Textile and Industries Abbas Khan Afridi on Tuesday said that draft of the new textile policy (2014-19) would be ready in a few days and then forwarded to the ECC of the Cabinet next week for approval. “The textile sector alone has the potential to steer the country out of  its financial crisis and “we have started focusing on exporting value-added products instead of raw materials to achieve this objective,” said Abbas Khan Afridi in an exclusive interview with APP. He stressed the need for formulating a comprehensive and long-term policy, and said both the government and industry were committed to fully exploiting the potential of all related sectors of textile.

Federal Minister for Textile Industry Abbas Khan Afridi further said that the government was giving top priority to the value-added textile sector to provide jobs opportunities to people and increasing textile exports by $2 billion per annum under the new proposed textile policy (2014-19).

Afridi said the government was aware that value-added textile sector was facing immense problems and hurdles, which needs to be removed for enhancing exports in the best interest of the nation.

The Minister said that after the availability of GSP- Plus exports of our value- added sector has increased by 21 percent to European Union.

The Minister said that Prime Minister Nawaz Sharif and cabinet took a bold step to ensuring 12 hours gas supply to the textile sector in winter and 24 hours uninterrupted power supply besides reduction in power tariff.

The Minister said the value-added textile sector can play a vital role in creation of new employment opportunities therefore the government was making all-out efforts to remove the hurdles in the growth of this sector, besides providing all necessary facilities to textile sector.

Italian Chamber in Pakistan after its accreditation: Tariq

LAHORE (NNI): Italian Development Committee (IDC) hopes to accomplish the desired goals by January 2015 and is set to embark on the vision that was set five years ago. The IDC Secretariat is geared to bring an experience to its valued members that will be remembered for years to come said the Secy Gen, Ms. Amnah Gul in her welcome note at the 5th AGM of IDC. The event was hosted by Treasurer IDC, Jahangir Moghul, CEO Moghul & Sons & President Elect Karachi Gymkhana. The President IDC and Chairman Francos Food Company, Cav. Dr. Tariq Ikram, highlighted the transition of IDC into a competent would be Italian Chamber of Commerce in Pakistan after its accreditation.

The Financial status and Budget was presented by Jahangir Moghul which was approved by the members.

Leprosy a dangerous disease

for citrus fruits

SARGODHA (APP): Kinnow growers have been advised to save citrus fruit from leprosy disease as it is damaging the quality of produce. Talking to APP here on Tuesday, agriculturists said that kinnow has a great importance after grapes, adding that citrus was cultivated at 2000 acre land in the country and Pakistan stood 13rd number in the world regarding cultivation of citrus. Regarding citrus produce, they said that annual production of citrus in Pakistan was two million ton. They further said that citrus produce was facing impending different diseases and insects, but the most pernicious disease was ‘Leprosy’ which was threatening to citrus fruits.

Different kinds of citrus fruits (Lemon and Kinnow) have been fell prey to leprosy in warm and moderate areas that are causing damage to its production, size, and quality, they added.

They demanded the ministry of production and trade for taking serious and immediate remedial steps to save the citrus from diseases.

3G subscription showing growth with 5 million users

ISLAMABAD (APP): The 3G subscription has continued to show a reasonable growth since its launch about six months ago and touched more than 5 million mark. A total of 1.2 million users were added to 3G network in November 2014 whereas the numbers for 4G users stood below 1,500 subscriptions because of limited coverage being offered by Zong and Warid, the two operators offering 4G services. According to details made available by Pakistan Telecommunication Authority (PTA) here Tuesday, China Mobile Pakistan (Zong) is topping the chart and managed to grab its top position in 3G market with subscribers number reaching 1.688 million at the end of November 2014.

The outstanding growth of Zong 3G subscribers depicted its aggressive sales strategy though the launch of its services were quite delayed compared with different market players.

Mobilink having biggest subscriber base in 2G users is standing at second position with 1.443 million 3G users.

Telenor had 1.182 million 3G users at the end of reported period while Ufone stood last with its 646,949 3G customers.

Mobilink claims to provide 3G services in 24 cities whereas Telenor claims have stretched its 3G footprint in 55 cities so far.

The growth of subscribers reflects the penetration of operators in different cities, however, the experience and utility of services could not be determined by these numbers.

Moreover, Zong that launched 4G service in end of September this year witnessed slower addition in 4G users, which stood at just 1,452 at the end of November 2014.

It is obvious that 4G is the latest technology in the country but the adaptation is limited on the network of Zong.

Warid Telecom launched its 4G LTE service a few days back and it sets to compete with Zong in 4G market with slightly lesser competition as compared with 3G market.

With extremely low number for 4G subscribers on Zong, Warid has an opportunity to speed up its network up-gradation to become Number One operator in 4G sector in Pakistan.

On the other hand, Zong is also working on 4G network deployment to grab the maximum subscribers in the specific high-end market.