Tag: Pakistans

‘US clear on need to support Pakistan’s energy sector’

LAHORE - The US has been very clear on the need to support Pakistan's energy development at the Nuclear Suppliers Group forum, Robert O Blake, Jr, the assistant US secretary on Bureau of South and Central Asian Affairs, said late on Friday. He was speaking at a press conference in Beijing after the conclusion of discussions with counterparts from the Chinese Ministry of Foreign Affairs.
Asked about US concerns over the China-Pakistan nuclear agreement, Blake said the US expected

Aaqib defends Pakistan’s World Cup strategy

LAHORE - Pakistan assistant coach Aaqib Javed has defended Pakistan's strategy in the ongoing World Cup, questioned by greats Imran Khan and Wasim Akram. Imran, Wasim and other former Test players believe that Pakistan can land into trouble against stronger oppositions in the World Cup as they are playing one bowler short in the competition.
But Aaqib believes the team's inconsistent batting line-up needs a boost. "No team goes in with five specialist bowlers.
What people

Many terror groups eyeing Pakistan’s nukes: Petraeus

LAHORE - Commander of US and NATO forces in Afghanistan General David Petraeus has said that many terror groups based in the region were eyeing Pakistan's nuclear arsenal, India's NDTV television channel reported.
"There are certainly other elements in Pakistan, the Taliban and several other varieties of elements who generally have symbiotic relationships, the most extreme of which might, indeed, value access to nuclear weapons or other weapons that could cause enormous loss of

Pakistan’s share in MSCI set to erode

KARACHI - Pakistan was removed from MSCI EM in December 2008, maintained as a stand-alone index for five months and has been part of MSCI FM since May 2009. If the Egypt market follows a similar route and is made part of MSCI FM, Pakistan's share in MSCI FM will also be impacted.
Based on performance market caps of February 2011 review, it will eat away 40 base points of Pakistan's four percent share in MSCI FM. The Egyptian stock market continues to remain closed since January

Nepal to take help from Pakistan’s Constitution

KARACHI - Nepal will take help from the Constitution of Pakistan in designing the same document for itself, Chief Justice of Nepal Ram Prasad Shreshta said on Sunday.
He was talking to the media during his visit to the mausoleum of the founder of Pakistan, Quaid-e-Azam Mohammad Ali Jinnah. He said that in the near future, there would be a federally administered system in his country and that Nepal is undergoing a process to prepare a constitution.
"We will take help from the

Jimmy Engineer – Pakistan’s untiring crusader of the oppressed

KARACHI - Jimmy Engineer was born in 1954 in Loralai in a Parsi family. He grew up to break all barriers of caste and creed, and truly define multi-ethnicity through his art and altruism. He spent three years at the National College of Arts in Lahore, expanding his creative prowess. In 1976, he turned into a professional painter, but his achievements went beyond his creativity when he discovered a deep love for all human beings, especially for the downtrodden. His art pieces soon

Tajikistan to support Pakistan’s power sector

KARACHI - The Tajikistan government will cooperate with Pakistan for the establishment of power plants so that the persistent power shortage in the country can be overcome, said Tajikistan President Emomali Rehmonov on Wednesday. He said this while talking to Sindh Chief Minister Qaim Ali Shah at a local hotel where Rehmonov is staying. The president of Tajikistan assured the chief minister that his country can establish 600MW hydel power plant while another power plant of 220MW would

Akmal, not Taylor, Pakistan’s demolition man

RINGSIDE VIEW - Kamran Akmal is a one-man demolition team - for his own side. No Pakistan team has suffered such misery for so long at the hands of a wicket-keeper so grossly incompetent (ask the lay man in the street anywhere in Pakistan, and he would tell you in chaste local dialect laced with few invectives of what he thinks of his antics behind the stumps, with an insinuation or three). The mystery is that after being ceaselessly dented by the elder Akmal, how the Pakistani

Hafeez sees end to Pakistan’s opening misery

PALLEKELE - Pakistan batsman Mohammad Hafeez admitted on Monday that he and fellow struggling opener Ahmed Shahzad have let their team down, but a World Cup blitz could be just one innings away. Hafeez and Shahzad have managed opening partnerships of 11, 28 and 16 in three matches so far, a performance which captain Shahid Afridi and coach Waqar Younis have already insisted must improve.
Despite the lack of good starts, Pakistan's middle-order has fired to help the team win all

Pakistan’s World Cup dream

SPORT THIS WEEK - Pakistan find themselves in a comfortable position atop their group in the World Cricket Cup. Their win over Sri Lanka was a confidence booster as the Sri Lankans are considered one of the frontrunners for the title. Shahid Afridi has led from the front with 14 wickets at nearly five apiece. That is as close to unplayable as one can get. Afridi has also chipped in with some runs. Sri Lanka missed their ace Lasith Malinga for the Pakistan match and he promptly

PU launches Pakistan’s first pre fabricated gene analysis laboratory

LAHORE - Punjab University (PU) Vice-Chancellor Prof Dr Mujahid Kamran inaugurated a pre-fabricated gene analysis laboratory at the Microbiology and the Molecular Genetics (MMG) Department on Friday. The lab that is the first of its kind in any Pakistani varsity will carry out latest research in molecular genetics diagnosis and various infectious diseases including dengue fever, chickenpox, hepatitis C, pathogenic aspects of bacteria and environmental and biotechnology aspects. STAFF

Pakistan’s market cap dips by 7pc

KARACHI - Pakistan was among top losers for the week at its market cap slashed down by seven percent. Compared to a decrease in total market cap, decline in foreign selling did not rise to significant levels. The Pakistani equity market cap was down by $2.8 billion, whereas foreign selling's contribution was limited to a minuscule 0.19 percent.
This was shown in the assessment of Invest capital to gauge the impact of Middle Eastern fiasco, which started from Tunisia and then

Constitution’s enemies are Pakistan’s enemies: Nawaz Sharif

LAHORE - Pakistan Muslim League-Nawaz (PML-N) chief Nawaz Sharif told workers from Malakand, Mardan and Kohat in Model Town on Sunday that an enemy of the constitution was an enemy of Pakistan and opponents of an independent judiciary were the opponents of the nation.
He said that the PML-N's revolutionary team was capable of making Pakistan a developed country of the 21st century and could ensure a secure future for the youth. Nawaz said peace in the region was hinged in a fair

Acknowledge Pakistan’s sacrifices, Kayani tells US

ISLAMABAD - Chief of Army Staff (CAOS) General Ashfaq Parvez Kayani asked US military leaders in a meeting in Muscat to acknowledge the sacrifices of Pakistan's armed forces in the US-led war on terror, according to an ISPR statement issued here on Wednesday.
General Kayani also discussed regional security issues with the US top brass, as well as ways to better coordinate military operations between the two countries. "I was pleased to have the opportunity to discuss with

Zardari invites Japan to help revive Pakistan’s economy

TOKYO - Seeking cooperation of investors to explore enormous possibilities of strengthening and expanding business relations with Pakistan, President Asif Ali Zardari on Tuesday invited the Japanese business community to rejuvenate Pakistan's economy through their individual contribution, joint venture or consortia.
Commenting on investment-friendly environment established by the present government, the president said, "The government has designated a 2000-acre Special Economic

‘Charge sheet against Qadri is a violation of Pakistan’s creation’

LAHORE - The charge sheet against former Punjab governor Salmaan Taseer's assassin Mumtaz Qadri is a negation of Pakistan's creation, Tehreek-e-Namoos-e-Risalat Mahaz (TNRM) President Raza-e-Mustafa said on Monday.
He was addressing a rally outside the Lahore Press Club. Mustafa said that people, who are giving a "royal protocol" to US national Raymond Davis, should think about their attitude towards Qadri. TNRM secretary Ali Naqshbandi said that if Taseer's assassin had done

Pakistan’s SC has frozen Antofagasta concession: report

SANTIAGO - A top Pakistani court has frozen a $3.3 billion copper and gold exploration concession owned by Antofagasta Minerals and Barrick Gold while it probes past irregularities, a Chilean newspaper reported on Friday. The Supreme Court is investigating the handover of the concession to its previous owner BHP Billiton by the local government and could issue a ruling in a month, Santiagio-based Diario Financiera reported, citing media and the country's ambassador in Chile.
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