Tag Archives: Revive

Efforts on to revive MMA

As the battle-lines are being drawn, efforts have accelerated to forge a abroad-based alliance of major religious parties, with an objective to galvanise their vote-bank and form a formidable political force involving

Pakistan, India trade to revive gradually

NEW DELHI – Pakistan and India are expected to take gradual steps to revive bilateral trade ties but there should be no expectations of any spectacular announcements, a top government official has said.
The two sides have decided to resume the dialogue as part of Manmohan Singh’s cricket diplomacy. Dialogue between the two neighbours came to a halt after the Mumbai attack more than two years ago. Commerce Secretary Rahul Khullar will travel to Islamabad next month to discuss

New industrial policy to revive sick units

ISLAMABAD – The government has drafted a new industrial policy, focusing on the revival of about 1909 sick industrial units across the country, in consultation with all relevant stakeholders.
Official sources told APP that, in the light of the information provided by industries departments of all provincial governments, 1909 industrial units had gone sick due to a variety of reasons. They attributed closure of these industrial units to financial crunch, outstanding liabilities of

Wahlberg to revive ‘The Fighter’

LOS ANGELES – Mark Wahlberg is so proud of The Fighter’s Academy Awards success, he is making plans to revive the boxing movie for a sequel. The actor plays real life boxing legend ‘Irish’ Micky Ward in the picture, opposite Christian Bale as Ward’s half-brother Dicky Ecklund.
‘The Fighter’ scored a number of high-profile awards nominations and Bale went on to win the Best Supporting Actor Oscar for his performance, while Melissa Leo walked away with the Best Supporting Actress

JI turns down Fazl’s bid to revive MMA

ISLAMABAD – Refusing Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Fazlur Rehman’s request for the immediate revival of the defunct Muttahida Majlis-e-Amal (MMA), the Jamaat-e-Islami (JI) told Fazl on Saturday that the matter would be decided once elections were announced.
“JI chief Munawwar Hassan told Fazl that MMA is basically an electoral alliance of religious parties and the decision regarding its revival will be taken once new elections are announced, either mid-term or

SECP to develop ‘bond-pricing agency’ to revive debt market

KARACHI – The Securities and Exchange Commission of Pakistan (SECP) would develop a “bond pricing agency” to revitalise the country’s debt market that, the apex regulator believes, is currently not ‘vibrant’. Further, the Karachi Stock Exchange (KSE) has called upon the federal government to accelerate the pace of issuing the amended computation rules for Capital Gains Tax (CGT) before functionality of the leveraged products at the country’s bourses.
“Our focus is now the debt

‘Drastic steps needed to revive tourism’

KARACHI – The government needs to take drastic steps to revive tourism that has been adversely affected by the deteriorating law and order situation in the country, said Travel Agents Association of Pakistan (TAAP) Chairman M Yahya Polani at the farewell dinner organised in honour of

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

Move afoot to revive moribund shipping protocol with Bangladesh

KARACHI – Pakistan National Shipping Corporation (PNSC) has written an official letter to Bangladesh Shipping Corporation to revive the shipping protocol signed between both countries around 33 years ago in order to boost trade volume. Chairman PNSC Brigadier (r) Rashid Siddiqi while speaking to Pakistan Today said this letter was written in the wake of expanding business links between both countries while the Shipping Protocol has been disrupted since 1997.
However, PNSC and