A Chinese investment company is about to launch multiple IT-based projects in Pakistan with an aim to promote digital culture among the youth of the country by introducing best international practices. “We want to train the local youth and also start the capacity building programme for them to equip them with advanced technology in services sectors,” Chief Executive Officer (CEO) of ‘Timesaco’ Donald-Li told APP.
Replying to a question, he said that Timesaco would create millions of jobs and businesses opportunities for youth through different e-commerce platforms in six major cities of the country.
Donald-Li said the company has plan to introduce different e-commerce platforms for youth, through which they would be able to do different online businesses. He said Pakistan had potential youth of more than 100 million, now they are playing very important role in Pakistan and they could contribute to national economy as well. While he also shared Timesaco’s concept and mission for Pakistan, Donald expressed his views on investment opportunities in Pakistan and spoke that his company is intended to invest $20 million in e-services sector of Pakistan. He said that ‘Timesaco’ wants to empower the local investors and create a working environment especially in the IT sector.
He said that Timesaco offered five different services in Pakistan including taxi service named Buraq, instant delivery called Fema, a City Freight service besides a Cargo Plus company. Initially, these services would be available in six big cities including Karachi, Lahore, Faisalabad, Rawalpindi, Islamabad and Peshawar, he added.
The CEO of Timesaco said the company’s main objective is to provide best services in affordable rates. He said that the company offered lower price and more care for customers. He added that Buraq Taxi service would be very different from existing players and it would be very profitable for drivers too. The CEO said that modern technology and innovative methods of e-commerce would be utilized to provide rapid services to the masses in Pakistan.
Replying to question, he said that in second phase, his company would intervene in rural areas, where ‘We will provide skills to the rural youth in their own region”. He added this model would be disclosed in coming months as the company’s experts were working on the model.
Replaying to question regarding the Corporate Social Responsibility (CSR) of the company, he said “we are planning to work for uplift of health and education sector of Pakistan.” He said that on the pattern of “Forbes Magazine”, Timesaco was also mulling to highlight the struggle of 100 most successful people of the Pakistan, who had achieved excellence while going through very difficult times.
Two fires which may burn the future of the globe
By Manzoor Shaikh
Two fires have created commotion in the world; one, the fire in Amazon rainforest—the world’s green sea and called lungs of the globe—and two, the fire in Indian Occupied Kashmir (IOK)—the route of almost all subcontinental rivers.
No matter they differ in nature, both fires have a huge impact on our globe as the extinction of Amazon which creates 20 percent of the world’s oxygen can push our planet to the brink of dark era in terms of efforts for ‘environment change’ and the crisis in IOK can result in a war, possibly nuclear, between India and Pakistan that surely will result in irrecoverable human loss besides daunting environmental impact in the region as well as the globe.
Coincidently, both fires have caught two strong developing economies—South American Brazil and South Asian India–where the incumbent leadership ruling the countries is fundamentalist and greedy that insanely justifies the fires in the name of national development which in return tramples the rights of the people of the land and also threaten the very existence of the earth.
Amazon fires have not been new but during the past week the forest developed 1200 new fires and the year 2019 has witnessed a record number of fires. Environmentalists say it is a manmade disaster.
The fires which burnt 1330 square miles of the forest in less than a year produced a huge international reaction and the rich countries scheduled to meet in G7 pledged US$ 20 million to fight the fires.
However, Brazil’s president Jair Bolsonaro initially rejected the offer and said G7 leaders were trying to save the Amazon “as if we are a colony or no man’s land”. But the pressure was colossal and the government launched an aerial operation to contain the fires.
Local people and environmentalists say the Brazilian government wants land for agriculture and mining and is after the Amazon forests.
Like in Brazil, greed in India demonstrated out by prime minister Narendra Modi has resulted in a fire in Jammu and Kashmir.
Many Indians say: India’s global image now mimics China’s – a rising global economic power with attractive trade and investment opportunities.
Last year Modi strangulated Greenpeace India with the removal of organization’s license to operate. The Indian government has been cracking down on all “foreign-funded” charities claiming that the national economy is threatened by environmental restrictions and other “un-Indian” activities. Nine thousand NGOs have been “de-registered” in a concerted effort to force out these “nuisance” groups and cast them as foreign enemies.
This year, revocation of article 370 and 35 A, concerning J&K is aimed at opening the areas for the economy no matter what the local people say about it. Be they the tribes of the Amazon or Kashmiris, both fires are not only burning their lives and generations but also the future of this globe.
North-South Gas Pipeline Project: public hearing in QUEST, Nawabshah
A public hearing on Environmental & Social Impact Assessment (ESIA) report of “North-South Gas Pipeline Project” was held at Quaid-e-Awam University of Engineering, Science, and Technology (QUEST) Nawabshah.
The location of proposed project is Sindh and Punjab provinces. The starting point of 807 kilometer-long pipeline is located near Nawabshah in Sindh and endpoint is Nankana Sahab Punjab.
A large number of people including Dr Saleem Samo VC QUEST, Dr Kirshan Chairman Environment Department, Dr Qayoom Jakhrani Associate Professor Environment Department, Shamasddin Memon former Secretary, endpoint and Environment GoS, CEO of EMC Nadeem Arif and Russain representatives of project proponent attended the hearing.
Engr. Salih Rind attended the moot on behalf of MD SSGC along with HSEQA team Ghazanfar Ali Shah DCE, Engr Asad Saleem, and Engr Asim Hussain AE.
Pakistan Cables Wins Best Corporate Report Award 2018
Pakistan Cables Annual report 2017-18 wins the Merit award for the best corporate report of 2018. ICMA Best Corporate Report award is held annually to recognize the best corporate reporting practices. Mr. Waqas Mahmood – Senior Manager Finance at Pakistan Cables received the award on behalf of the Company.
About Pakistan Cables Ltd.
Founded in 1953, Pakistan Cables is the oldest and most reputable cable manufacturer in Pakistan. It is the only wire and cable manufacturer listed on the PSX since 1955. The company has the largest geographical footprint in Pakistan with a presence in over 170 cities. It is ISO9001:2015, ISO 14001:2004 AND OHSAS 18001:2007 certified and various cables type tested by KEMA, Netherlands.
Gohar Ejaz group sweeps APTMA elections
Gohar Ejaz group swept All Pakistan Textile Mills Association (APTMA) elections. Chairman Election Commission conducted scrutiny of nomination papers of contesting candidates for executive committee 2019-20.
Those elected unopposed for the central executive committee from Punjab are Rehman Naseem, Danish Monnoo, Kh Zahid Rasheed, Shaiq Javed, Hamid Zaman, and Kamran Arshad. Adil Bashir has been elected as chairman, Abdul Rahim Nasir senior vice chairman, Aamir Sh vice-chairman and Kamran Arshad treasurer.
The new APTMA leadership will take charge in the annual general meeting of the Association to be held on September 30, 2019.
Congratulating the newly elected team, Patron-in-Chief Gohar Ejaz said they had set a minimum agenda of industry revival and export-led growth across the value chain through outreach to all sub-sectors for effective public advocacy.
He expressed the hope that the new APTMA leadership would secure long term policy enablers from the government to bring the industry back on its feet to start performing as per its potential by investing in new capacities to produce an exportable surplus. He said a number of issues were emanating from the prevailing post-budget uncertainty. The sales tax refund for the month of July has become due after filing of the return and depositing the required tax. He said the government had announced the payment of 90 percent refund within 14 days of its due date. The government should immediately pay the refund of all such exporters, he asserted. He also urged the new leadership to take up the issue of availability of electricity and gas at a regionally competitive rate, I.e., at $6.5 per MMBTU and 7.5 cents per kWh respectively for the next five years to all the exporting sectors