Indus Motors Company LTD
Reason of increasing the prices was depreciating rupee value
Says Parvez Ghias, Chief Executive Officer, Special Interview to BM
Indus Motor Company (IMC) is a joint venture between the House of Habib, Toyota Motor Corporation Japan (TMC) and Toyota Tsusho Corporation Japan (TTC) for assembling, progressive manufacturing and marketing of Toyota vehicles in Pakistan since July 01, 1990. IMC is engaged in sole distributorship of Toyota and Daihatsu Motor Company Ltd. vehicles in Pakistan through its dealership network. The company was incorporated in Pakistan as a public limited company in December 1989 and started commercial production in May 1993. The shares of company are quoted on the stock exchanges of Pakistan. Toyota Motor Corporation and Toyota Tsusho Corporation have 25 % stake in the company equity. The majority shareholder is the House of Habib. IMC's production facilities are located at Port Bin Qasim Industrial Zone near Karachi in an area measuring over 105 acres. Indus Motor company's plant is the only manufacturing site in the world where both Toyota and Daihatsu brands are being manufactured. Heavy investment was made to build its production facilities based on state of art technologies. To ensure highest level of productivity world-renowned Toyota Production Systems are implemented. IMC's Product line includes 6 variants of the newly introduced Toyota Corolla, Toyota Hilux Single Cabin 4x2 and 4 versions of Daihatsu Cuore. We also have a wide range of imported vehicles. >>>>>

CHAMBER CORNER

PHOTO GALLERY

Government should avert hurdles in economy: Razzak Hasham Paracha
Mr. Razzak Hasham Paracha is the chairman of Korangi Association of Trade & Industry. Mr. S.M. Muneer Chief Patron KATI elected him the chairman of KATI for 2009-10 through his courageous discussion, having much anxiety about country economic and having matchless adhesion to KATI. He is bachelor in economic and later on did master Financing Accounting.
Chairman Korangi Association of Trade & Industry, Special interview to BM
Mr. Razzak Hasham Paracha said that today it's the business community that playing pivotal role in handling economic, industrial and country political situation. He anticipated, god forbade! If our economy goes down than a civil war can be seen here. The delineation of economy is due to less patronization of Government. He openly lauded the performance of S M. Muneer that always highlighted the problems of business community through many platforms but he lamented that Government seems taking economic decision without taking the business community into confidence.
He told that to flourish the country economic situation there should be consensus between Govt and business community because business community leaves no stone unturned to work for the safety, exaltation, betterment and integration for its country. He further appealed to the government to decrease the tariff of gas and electricity both for industrial and domestic consumers. He stressed the need of promoting SMEs in country's development and termed that they are the backbone of a country. "Foreign investment could take place if there is sustainability and tranquility in the country". He expressed, He said need to improve the industrial sector in order to gain handsome revenue.
While talking on financial gaining he termed that loans from financial institutions can't meet our economic targets and it's out of comprehension that government shows its tendency towards them. He lauded the Musharaf's regime that economy was really established and foreign investment furnished as time passed. Signaling at Finance Minister in the same regime strengthened the banking sector that created a wave of pleasure for businessmen. He said, government can recover the economy by carrying out our suggestions posed by the different business associations. He lamented that electricity is being expensive day by day and it directly affects the cost of doing business and we hardly meet our targets in international market.
He expressed regretfully that current elite has utterly failed in handling electricity, water and gas tariffs if they are controlled for three years then industry can be progressed and advanced and cost of doing business can declined. He confessed that Government is not receiving tax from new tax payers but pressurizing old tax payers that is supposed to be a less favourism towards business community.
In his open statement he said that City Nazim Mustafa Kamal has paid great attention to industrial infrastructure and today we have good roads for transportation. He said more constructional work are to be continued in near future if government support there. Hsham highlighted that if industrial sector is free of problems then investors tent to be there additionally government should extent its full support to cover up the problems of industrialists. He said that mark-up rate should be in single digit in order to promote industry. Though the Shaukat Tareen Finance Minister pledged to lessen the mark up rate but to no use. He expected if Govt. wants improvement in economic then it has rethink about mark up rate. He suggest the government to take preventive measures to handle all the issues as per requirement.

Elisa Zucchiatti Martinelli
Mrs Elisa Zucchiatti Martinelli belongs to Italy. She is a world class player of carrom and also participated international competition from her country. She is Secretary of Italian Carrom Federation and vice president of International Carrom Federation. Elisa Zucchiatti Martinelli has won many international title i.e. World Cup, World Carrom Championship, Euro Carrom Cup etc. Right now her tigress sight on up coming World Carrom Cup, which is commencing September 2010. Monthly Business Monitor has taken on line interview of Elisa Zucchiatti Martinelli to promote the sports activities in Pakistan.
Special On Line Interview of World Fame Carrom Player to BM
Q: Your full name with alias?
A: Elisa Zucchiatti Martinelli.
Q: Date of birth?
A: 01/02/1963.  >>>>>

business in violence
WE have been taught that a fire is caused by a combination of oxygen, flame and combustible materials. This statement is true but inadequate. As was confirmed by the much-publicised TV coverage of the Ashura bombing in Karachi, a fire needs at least two more ingredients: a gang of criminals leisurely resorting to arson and a battalion of policemen - as if on holiday - watching helplessly. The bar of violence in Karachi is constantly being raised. From burning tyres in narrow, isolated lanes we have graduated to destroying complete markets on M.A. Jinnah Road. From TT pistols matters are now settled with rocket launchers and hand-grenades. From street thugs violence is now managed in a highly systematic manner.   >>>>>

A Blessing or a Curse, the story of the cell phone
By: Mawaiz Khan Akash
Technology has been a revolution for mankind since ages and from time to time a new technology is introduced to the world with faster and easier changes in it. In this modern age we are completely surrounded by the big technology factor and day by day it is getting involved in our daily life more than anything. Many out of these technologies have made human life much easier, safer and reliable while some times many of them proved to be a nightmare for humanity. But without any arguments one should  >>>>>

Shershah bridge may be completed by the end of April, 2010
"The Shershah Bridge on Northern Bypass is expected to be completed by the end of April, 2010 and the construction of Dual Carriage Way of Karachi Northern Bypass and Hub Bypass would be started as soon as the funds are made available by the Government of Pakistan." This was stated by Syed Shabbir Ali Shah, General Manager (Sindh), National Highway Authority (NHA) during a meeting with LCCI Delegation headed by its Vice President, Mr. Muhammad Sadiq Khan and comprising of Dr. Muhammad Aslam (Former President), Mr. Abdul Rasheed, Secretary General, LCCI.
The Chamber's delegation also invited the attention of NHA towards proper maintenance of Karachi Northern Bypass, RCD Highway and Alternative Roads of S.I.T.E, Karachi. While acknowledging the need of proper maintenance and repair of the road, the General Manager (Sindh), informed that it will start immediately. He further informed that the NHA is also planning to build the Highways linking Gawader Port with Indus Highway bypassing the cities of Hub and Karachi to reduce the traffic load on existing Highways, that LCCI Delegation appreciated this timely decision.
Regarding the repair and strengthening of Hub Bridge the General Manager (Sindh), NHA informed that the same has been completed and only some repair works on joints is being planned, which will be soon initiated.
The Chamber's delegation assured the NHA to approach the Communication Ministry in co-ordination with NHA to speedup the projects of Dual Carriage Way on Karachi Northern Bypass and Hub Bypass which is not only in the interest of the people of Sindh but also in the greater interest of the people of Hub and Baluchistan by way of catering to the needs of Lasbela District being the gateway to Port of Gawader and furtherance and upcoming Industrial development of Balochistan.

Murtaza Amjad takes over as director Eden Housing
Murtaza Amjad, having assumed his responsibilities as the Director of Pakistan's largest and leading real estate development company, aims to infuse Eden Housing with a new vision and spirit to help his company scale even higher heights in the construction industry.
The young Murtaza Amjad is equipped with a business degree from the globally reputed King's College UK and a comprehensive understanding of the technical and commercial aspects of the real estate industry he aims to lead. Before his departure to UK for higher education, Murtaza Amjad, along with his father Dr Muhammad Amjad, had been at the forefront in running the affairs of Eden Housing, and thanks to his previous experience and his newly acquired education, he believes both his company and the real estate industry have new horizons waiting to be explored.  >>>>>

USAID, KCCI ink MoU
The United States Agency for International Development (USAID) took a step towards strengthening women's role in economic growth as it signed a memorandum of understanding with the KCCI sub-committee on women entrepreneurs. Both the USAID and SCWE-KCCI came under one umbrella to help strengthen women's economic participation and empowerment in Pakistan, said a press release issued here on Thursday. Family support appreciation programme and capacity building of support institutions are two main activities under the agreement. Through the programme, the valuable support given by family members to their female members' business initiatives will be acknowledged. The second activity, capacity building of support institutions, will allow institutions to respond to needs of their constituents and to deliver meaningful services to members.

Provisioning for loan losses
The latest concessions given by the State Bank of Pakistan in loan loss provisioning requirements are a positive move in the context of sustaining banks' threatened equities but fall short of market expectations. After banks disclosed their performance results for 2008, it had been suggested in the columns of this newspaper that, given the unexpected loan losses caused by the global economic downturn, SBP should extend the period for making provisions for these losses to limit their immediate large impact on bank equities. Quite appropriately, in the case of export loans, the SBP had extended the loss provisioning period from six months to one year. Another positive measure was the reduction in the minimum capital requirements for banks - a timely move given the pressures banks were bound to face in a recession.  >>>>>

Efforts to check speculative trading
Mixed sentiments were observed in the local currency market this week where leading currency dealers and most analysts were viewing the rupee at new lows against the dollar amid weak economic indicators. The rupee however displayed firmness versus dollar and euro during the week, resisting sharp fall against major currencies. In a move to check speculative dollar trading, the central bank decision to allow buyers to purchase American currency of up to $5000 value without CNIC production helped the rupee to rebound from sharp losses. However, some independent experts are still predicting that the dollar may touch Rs90 before year-end in the open market. Meanwhile on the inter-bank market, the rupee commenced the week on a positive note against dollar as it managed to  >>>>>

ACCI-KCCI INK MoU for establishing Pak-Afghan Joint Chamber Of Commerce & Industry
A meeting between the high officials of Afghanistan Chamber of Commerce & Industry (ACCI) and Karachi Chamber of Commerce & Industry (KCCI), regarding establishment of Pak-Afghan Joint Chamber of Commerce & Industry, was held at KCCI, for deliberation on the organization of Pak-Afghan Joint Chamber, its operational plan of activities and formation of Executive Committee and General Assembly.  >>>>>

Indications are better to get GSP-plus status in EU: Zafar Mahmood
Siraj Kassam Teli, Chairman Businessmen Group & former President KCCI, urged the Federal Secretary Commerce, Zafar Mahmood for implementation of Trade Organization Ordinance  >>>>>

Kcci Lauds Ptcl To Facilitates Affectes
President, Karachi Chamber of Commerce & Industry, Abdul Majid Haji Muhammad and Chairman, Communication Sub-Committee of KCCI, Khurram Saigal lauded the Management of PTCL for waiver of line rent to the affectees of Bolton Market and adjoining markets till the restoration of landlines. Abdul Majid also appreciated the cooperation of PTCL management for providing free-of-cost Vfone wireless connection identical to landline numbers to affectees on the KCCI's request.  >>>>>

President Zardari Agreed For Utilizing Leftover Relief Fund For Development Of Karachi
President of Pakistan, Asif Ali Zardari, lauded Karachi Chamber of Commerce & Industry, specially, Chairman, Businessmen Group & former President-KCCI, Siraj Kassam Teli for their relief and rehabilitation efforts to affectees of Ashura incident. President of Pakistan said that the two political parties of Sindh, made joint efforts and proved the fact that democracy is better than dictatorship. He was addressing at the pay-orders distribution ceremony to affectees of Bolton Markets and other markets, held on Chief Minister House, yesterday. President said that his  >>>>>

PIA, TIP signs MoU
PIA and Transparency International Pakistan (TIP) on signed an MoU whereby both the organisations committed to work together and enhance the element of transparency in PIA's procurement processes. PIA Managing Director Capt Aijaz Haroon and TIP Chairman, Syed Adil Gilani signed the MoU the other day at the airline head office. A spokesman for PIA said the PIA has always strived to maintain complete transparency in its commercial processes and would like to enhance the scope of TIP's involvement in its commercial procurement by inviting TIP to conduct surveillance audits. The MoU terms included that TIP may carry out surveillance audits of PIA's commercial procurement with immediate effect. The scope of audits conducted by TIP will encompass the tender procedure and its compliance with the agreed guidelines as mentioned in the vetted tender document.

Use of industrial waste for power generation: work on project in progress
Work on project to use industrial waste for power generation is in progress and likely to be completed soon, Sindh Minister for Environment and Alternative Energy, Shaikh Mohammad Afzal informed business community. Speaking at a meeting of Korangi Association of Trade and Industry (Kati) he was of the view that completion and success of the project will be a big help to overcome power crises in the province.  >>>>>

FPCCI, SACCI MoU to promote bilateral trade
Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and South African Chamber of Commerce and Industry (SACCI) have signed a memorandum of understanding (MoU) to promote bilateral trade and cooperation. According to the MoU, a 31-member business  >>>>>

Stop TB Partnership Pakistan signs agreement with media
Islamabad Recognising the significance of the media in creating awareness, shaping perceptions, forming opinions and influencing policy-makers in favour of sound public health interventions, the Stop TB Partnership Pakistan has entered into a collaboration with five television private channels, a medical journal, and a media production and event management company. The partnership was  >>>>>

Pakistan, China sign MoU to increase economic cooperation
The Federation of Pakistan Chambers of Commerce and Industry and the China Council for Promotion of International Trade, Sichuan Council (CCIPT Sichuan Council) have signed a memorandum of understanding to foster trade between the two countries. The trade between the two friendly countries, which has potential of reaching $15 billion in two years  >>>>>

SDF to provide soft term loans in agri & fisheries sectors
The Government of Sindh has allocated Rs2.4 billion under Sindh Development Fund (SDF) to provide financial assistance in fisheries, aquaculture, agriculture and agri-foods sectors and offered 60 per cent equity to the investors for these projects; this was stated by Sr Project Manager, SDF, Chaudhry Mansoor. In his presentation at a seminar organized by Korangi Association of Trade and Industry (KATI) on fisheries, agriculture produce and scientific research held on Tuesday, offered the investors to get the benefit of the lucrative offer in various sectors introduced by the SDF which are extremely profitable. Masood said that SDF has been established under the Sindh SDP (Sindh Development Programme) in collaboration of Competitiveness Support Programme of USAID and Ministry of Finance to provide wide-ranging investment to maximize the competitive advantage of Sindh in the agriculture and related sectors. He informed that main sectors of investment by the Fund are fisheries, livestock and dairy industry, horticulture, existing industries and other related areas and wind, solar and waste energy.

SCWE-KCCI, USAID ink accord to empower women
The Subcommittee of Women Entrepreneurs at Karachi Chamber of Commerce and Industry (SCWE-KCCI) and USAID Pakistan agreed to focus their energies on increasing women's economic participation through employment and entrepreneurship in Karachi. A Memorandum of Understanding (MoU) was signed between these two parties on Thursday. USAID is facilitating this agreement through its economic growth initiative, FIRMS project. The objective of the USAID/Pakistan FIRMS project is to improve government service delivery and develop dynamic, internationally competitive firms to accelerate sales, investment, and job growth. 'Family Support Appreciation Programme' and 'Capacity Building of the Support Institutions' are the two main activities under the agreement. SCWE-KCCI Chairperson Ms Durre Shahwar Nisar said, "Our mutual goal is to increase women participation in the economic growth of Pakistan and hope this would bring a positive change in understanding and enhancing the role of women in economic growth." Through the 'Family Support Appreciation Programme' the valuable support provided by family members to their female members' business initiatives would be acknowledged and appreciated. The second activity, 'Capacity Building of the Support Institutions' will allow institutions to respond to the needs of their constituents and to deliver meaningful and relevant services to members.

Bahara Kahu housing project to be launched in next month
Minister for Housing and Works Rehmatullah Kakar has said that Bahara Kahu housing project would be launched in March this year to accommodate maximum number of registered applicants under the Federal Government Employees Housing Foundation (FGEHF). Talking to APP, he said about 3000 kanals of land in Bara Kahu has been purchased where 15000 flats and plots would be allotted to the government employees, general public and journalists. The Minister said the allotment would be made on "no profit and no loss basis" to the government employees. He added that so far more than 18000 government employees have got themselves registered with FGEHF. Rehmatullah Kakar also directed the Pakistan Housing Authority (PHA) to start construction of "D and E" Type flats in I-16 sector at the earliest in order to accommodate shelterless people of the capital. The Minister asked the PHA to complete the process of acquiring land for the construction of housing units in Gilgit-Baltistan and AJK under Prime Minister's Housing Programme so that the government could provide accommodation on ownership basis to the people of that area. The Minister said that the construction work of 8500 flats being built by M/s Maymar in Karachi should be accelerated and directed the PHA to monitor the progress of the projects on daily basis so that the flats could be ready as soon as possible. Kakar expressed satisfaction over the pace of work on the housing projects under the Prime Minister's Housing Programme being undertaken by the PHA and FGEHF.

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Divine Gardens launch ceremony
Divine Gardens launch ceremony, was held at the Divine Gardens Housing Scheme a project of Divine Developers near Allama Iqball International Airport, at Airport/Defence Road, Lahore Cantt. Expressing their views during the ceremony speakers apperciated the work of architects and engineering consultants. Divine Gardens consisit of 08, 10, 12 & 14 marla houses and 10 marla appartments with its architectural inspirations drived from japanese, Spanish and modern architecture. With amenities like Central Park, Mosque, Hospital, Schools and community Centre Divine Gardens offer its residents a complete living experience. A musical evening was also held where Shafqat Amanat Ali & Areeb Azhar performed to entertain the crowd.

Karachi Financial Towers
The port city of Karachi is a center of commerce, finance and culture. It is an emblem of the ever-changing face of Pakistan - the old transforming into the dynamic new. Situated in the heart of the financial centre, Karachi Financial Towers will define business luxury for aspiring businessmen and discerning corporate  >>>>>

Govt agrees to take 20% stake in MRC: SBP governor
The federal government has agreed to take 20 percent stake in the proposed Mortgage Refinance Company (MRC), which is a joint initiative of the State Bank of Pakistan and the International Finance Corporation (IFC) of the World Bank Group.  >>>>>

EXQUISITE AND LAVISH LIFE
HAKEEM VILLAS are based on conceptual design and are planned to provide you maximum comfort: safety and lavish living, the lounge in HAKEEM VILLAS are tastfully designed to suit your needs. these luxurious and well-places TV lounge have been arranged to provide to you maximum living space along with electiacaly designed and are made super sleek. These wonderfull built and contemporary styled TV lounge are exquisitely made to compliment your stylish lifestyle and recommend you that lavish and super- spacious living that. you always have dreamed for. Since HAKEEM VILLAS are based on conceptual design are planned to provide you maximum comfort; saftly and living, the bedroom in "HAKEEM VILLAS" are tstefully designe to suit your needs. these luxarious and well-placed bedrooms have been arranged to provide you maximum living space along with electically designe and are made with super sleek finsh. These wonderfully built and contemporary styled bedrooms are exquistly made to compliment your stylish lifestyle and recomended you that livish and super-apacious living that you always have dreamed for.

Sofitel Hotels launches in Karachi in near future
A priceless gem deserves an exquisite setting, that's why Sofitel Hotels, the world over, are known for their convenient locations and delightful sur-roundings.
Now in Karachi, Sofitel Tower is part of the city's most privileged neighbourhood; overlooking the stately elegance of Jehangir Kothari Parade on one side and the magnificent grandeur of Mohatta Palace on the other.

SIL to buy Atlas Bank, AHBL, My Bank
Atlas Group has entered into an agreement with Suroor Investment Ltd (SIL) to sell 58.31 percent of its stake in Atlas Bank Ltd at Rs 4.5 per share. According to information despatched to Karachi Stock Exchange here Tuesday, Atlas Bank said that SIL has also entered into an agreement to purchase majority shares of Arif Habib Bank Ltd (AHBL) and May Bank Ltd. After completing the purchase transactions, SIL is intended to merge three banks into one entity.

Faysal Bank ready to acquire RBS
The mergers and acquisitons (M&A) acitivities in the banking sector are picking up pace with the latest announcements of two more developments on this front on Tuesday. First, it was Faysal Bank Limited (FABL), which expressed its intentions to acquire Royal Bank of Scotland (RBS) - searching for a potential buyer for quite some time. Secondly, it was Suroor Investments - on hunt to buy banks affirmed its resolve to go with its plan to acquire the majority  >>>>>

ADB says it may withdraw funds over breach of agreement
The Asian Development Bank has threatened to withdraw funds it had allocated for the Small and Medium Enterprise Sector Development Programme (SMESDP) on a breach of loan agreement. The bank has further cautioned that it will also bring about a number of design constraints on future project, says a letter of the ADB addressed to the concerned functionaries and available with The News on Thursday. "Legally speaking, a breach on that loan covenant gives ADB the right to call back the funds.  >>>>>

NBP profit up by 18pc
The National Bank of Pakistan on Thursday approved the Financial Statements of the Bank for the year ended 31 December 2009 and announced a historic payout of 25 per cent Bonus shares and 75 per cent (Rs7.50 per share) cash dividend to the share holder's as final dividend for the year 2009. Year 2009 had been a challenging year where the economy faced various negative factors like slow down in growth, high inflation rate, aftermath of international economic meltdown in shape of reduced trade volumes  >>>>>

Islamic banking in Iran and Pakistan: a comparative study
In recent years, several Muslim countries have made ambitious attempts to practise Islamic banking. Iran and Pakistan appear to be particularly active in transforming their banking and financial sectors completely in line with the dictates of shariah [Naqvi (1981)]. The present study aims to contribute to the understanding of the process of Islamisation of banking in these countries. This kind of understanding, it is believed, is important for policy-makers guiding the Islamisation process anywhere in the world. The study tracks, over a period of a decade, the routes Iran and Pakistan have taken to attain their avowed objective, and focusses on the common concerns they share in their respective pursuits. The study also discusses the diverging sets of problems faced by these countries.  >>>>>

NAFA announces interim distribution
National Fullerton Asset Management Limited (NAFA) has announced interim distribution on its three funds for the quarter ended December 31, 2009. The quarterly payouts for these funds as a percentage of Ex-Div NAV of June 30, 2009 are as follows: NAFA Cash Fund (NCF)- 2.00 percent, NAFA Multi Asset Fund (NMF)- 2.00 percent and NAFA Government Securities Liquid Fund (NGSLF)- 2.50 percent. Those Unit Holders who have opted for bonus units would receive 1.9931, 1.8658, and 2.4642 (approx) additional units of NCF, NMF and NGSLF respectively for every 100 units held at Ex-Div NAV of February 16, 2010. Whereas, the Unit Holders who opted for cash dividend would receive Rs19.79, Rs17.20 and Rs25.01 respectively for every 100 units held of NCF, NMF and NGSLF. NAFA is owned by National Bank of Pakistan, NIB Bank Limited and Fullerton Fund Management Group, Singapore and presently managing over Rs13.66 billion of investors' money.

Rauf Siddiqui inaugurates MEGATECH Pakistan 2010
Abdul Rauf Siddiqui, the Minister of Industries & Commerce, Government of Sindh inaugurated the 8th Edition of the International Machinery Exhibition of Garment & Textile Technology - MEGATECH Pakistan 2010, at the Expo Centre Speaking on the occasion, Rauf Siddiqui highlighted the importance of the textile industry, which is regarded as the backbone of the Pakistan's economy. He shed light on the efforts taken by the ministry to prop up the textile and garment manufacturers.  >>>>>

Steel re-rolling industry in crisis
The steel re-rolling industry of the country is in deep crisis, as the re-rolling mills are being run on as low as 40 percent production capacity against the normal 80-90 percent, Ali Ahmad, Vice Chairman of Pakistan Steel Re-rolling Mills Association (PSRMA) said. During his visit to Association of Builders and Developers, Ali said the unintended problems faced by the construction industry are adding to the woes created due to international recession, which consequently  >>>>>

Pakistan's auto industry recorded 933 percent profit during October-December 2009 as compare to its corresponding period last year, Invest Capital reported in its analytical study.

Honda car recorded 36 percent decline in its annual profit, while Indus Motors and Pak Suzuki recorded 429 and 453 percent profit respectively.

Reasons cited for this increase was jump in sales by 28 percent despite nine percent increase in prices and 10 percent decrease in marketing expenses. Report also said that during the period production cost also jumped to 22.3 percent.

IT Ministry Sindh signs MoU with Microsoft Pakistan
Ministry of Information Technology Sindh has signed a Memorandum of Understanding (MoU) with Microsoft Pakistan. The ministry of it is offering high quality IT education to 7000 jobless youth of Sindh under the Benazir Bhutto Shaheed Youth Development Program (BBSYDP). The MoU will cover areas of co-operation between Sindh IT Department and Microsoft for conducting  >>>>>

PMDC certifies 49 national biomedical journals
Pakistan Medical and Dental Council (PMDC) after thorough examination and scrutiny has approved 49 national biomedical journals which have been allotted index of Pakistan numbers. PMDC Registrar Dr. Ahmad Nadeem Akbar said that the certification of a recognised journal would be revised after three years and journals not maintaining requisite standards will be  >>>>>