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Sunday, November 4, 2012

PakRe registers substantial growth


By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The Pakistan Reinsurance Company Limited (PRCL), rated as AA Company, has posted a net profit of Rs.925 million for the three Quarters ending September 30, 2012.

The break-up of Profit & Loss Account of PRCL in Underwriting Profit in nine months having ended on September 30, 2012, is Rs.578 million, as compared to Rs.283 million during the corresponding period last year.

The investment income stood at Rs.785 million as compared to Rs.747 million while the rental and other income went up from Rs.36 million to Rs.45 million. The general and administration expenses were brought down from Rs.30 million to Rs.29 million with the exchange gain being Rs.39 million compared to Rs.27 million last year.

The net profit before tax and value of available for Sale Investment-write-off was Rs.1408 million as Rs.1073 million last year, less Provision for Taxation Rs.337 million to Rs.217 million, net Profit after Tax and before Value of available for Sale Investment-write-off Rs.1071 million to Rs.856 million, and value of available for Sale Investment-write-off Rs.146 million to Rs.61 million.

The summary of accounts for the nine months ended September 30, 2012, as compared with the accounts for the nine months ended September 30, 2011 is Premium Written Rs.5472 million to Rs.4212 million, Reinsurance ceded Rs.2669 million to Rs.1278 million, Net Retention Rs.2803 million to Rs.2934 million, Premium Reserve Rs.282 million to Rs. 372 Million, Net Premium Rs.3085 million to Rs.2562 million, Net Commission Rs.644 Million to Rs.574 Million, Net Claims Rs.1530 million to Rs.1451 million Underwriting Profit before Management Expenses Rs.911 million to Rs.537 million, and Less Management Expenses Rs.333 million to Rs.254 million.

The Underwriting Profit during the period under report was Rs.578 million as compared to Rs.283 million during last corresponding period.

SSUET admission deadline remain unchanged


By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The admission 2013 process is going on apace with November 10 being the last date for submission of admission forms at Sir Syed University of Engineering and Technology (SSUET).

The Chancellor SSUET, Engr Z A Nizami, reviewed the progress made so far at a meeting and directed that the process should be completed by November 10 as per check list.

It was informed that so far 3913 prospectus had been sold, much higher than the prospectus obtained during admission process in 2012, and of them 2161 eligible students had got themselves registered until October 30.

It was pointed out that as per analysis of the registered candidates, the admission has been sought in this university by students with marks as high as 89.5 percent.

The meeting was told that this year the highest number of students (867) have applied for admission in civil engineering followed by 672 in Electronics, 259 in Computer engineering and 228 in Computer Science. Besides, so far only 59 candidates had applied for admission in Bio-Medical and 76 in Telecommunication engineering as being their first choice.

The meeting was informed that out of total number of applications registered, 317 were submitted with marks above 80 percent and above whole 970 applications with marks of 60 percent and above.

In the Electronic Engineering discipline, the applicants had 73.91 percent and above of marks while it was 89.5 percent in the discipline of Computer Engineering.

It was pointed out that this year there was much higher pressure for admission in this university as compared to last year.

The Chancellor directed that admissions should be granted strictly on the basis of merit as well as the result of tests to be carried out on November 18 followed by interviews.

The Chancellor was told that like the last year, admission test will be carried out at Expo Center in view of very high number of applicants as well as keeping the security considerations into view.

The meeting also discussed university matters relating to Pakistan Engineering Council (PEC) and defaulters of university dues.

It was informed that no examination form was being entertained with out clearance of outstanding dues by students appearing in the examination.

The meeting was attended, among others, by Vice-Chancellor Prof Dr Jawed H. Rizvi, Dean of Engineering Prof Dr S.M. Makhdoomi, Chairman Electronics department Dr Prof Najib Siddiqi besides chairpersons of various departments.

Friday, October 26, 2012

SSUET Board reviews CIEC report


By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The 5th Inspection Report of Charter Inspection and Evaluation (CIEC), Department of Education and Literacy, Sindh, regarding the Sir Syed University of Engineering & Technology (SSUET), Karachi, came under detail analysis at a meeting of the University’s Board of Governors held under the chairmanship of Vice-Chancellor Prof. Dr Jawed H. Rizvi, on October 25.

The report related to a visit of the university by members of CIEC, assisted by Experts Sub-committee (ESCs).

While expressing satisfaction, the Board went through the observations and recommendations made by CIEC in its report and gave approval to the same.

According to the report, the members of ESCs in their overview expressed general satisfaction on the overall performance of the University and in this regard some positive improvements were mentioned in general in case of all the departments.

As per report, the Chairman CIEC appreciated the elaborate presentation made and information provided by the University.

It may be mentioned here that the University, sponsored by Aligarh Mslim University Old Boys Association (AMOBA) was established in October 1993 and the ‘Sir Syed University of Engineering and Technology’ Bill was passed by Provincial Assembly on September 17, 1995.

The University provides 4 year BS under-graduate programs in Computer, Electronic, Biomedical, Civil and Telecommunication Engineering and Computer Science, besides MS postgraduate programmes in Computer, Electronic, Biomedical, Civil Engineering and Mathematics and also offering Ph.D in two subjects.

In its recommendations, the CIEC called for recruiting more highly qualified and senior teachers, revising the curriculum of computer science according to HEC requirements, to encourage faculty to organize and attend more international conferences and publish journals.

In its report CIEC observed that the university appeared to have fulfilled the minimum requirement as per Cabinet criteria and the EC has placed it in highest category W-4 and also granted 5-star rating by CIEC.

Rotary observes World Polio Day with unprecedented enthusiasm


By Abdul Qadir Qureshi
(Pakistan News & Features Services)

Pakistan’s Rotary Polio Plus Committee, headed by Aziz Memon, observed the World Polio Day 2012 on October 24 with unprecedented enthusiasm throughout the country.

The various Rotary Clubs, with the collaboration of the Polio Plus Committee, organized numerous programmes all over Pakistan while a lot of people around the globe participated in the World’s Biggest Commercial, promoting the international effort to eradicate the devastating disease. 

The innovative, interactive online initiative provided everyone a chance to join Archbishop Desmond Tutu, Bill Gates, Jackie Chan, Angelique Kidjo, and other world figures and celebrities having already joined in Rotary’s This Close campaign in support of polio eradication.

The participants uploaded photos of themselves to Rotary’s polio eradication website, endpolionow.org, edited into the constantly expanding promotional spot. They were sent an email with a direct link to their image and comment within the commercial.

Rotary International also released End Polio Now, an eclectic album of songs performed by its celebrity polio eradication ambassadors from the music industry. The album is available for download on iTunes, and soon as a CD from shop.rotary.org, with all proceeds from sales going to PolioPlus.  

The Rotary Club of Karachi Creek and the Rotary Club of Karachi Kolachi joined hands to put up a Polio Awareness Stall on World Polio Day, on the ground floor of the Park Towers Mall, located in main Clifton.

Visited by hundreds of people on a daily basis, more so these days, due to the forthcoming festival of Eid, the EPN banners on pillars caught many people's attention. A volunteer doctor has been made available at the stall screened for blood sugar free-of-charge, attracting adults.

Pakistan’s National Chair, Polio Plus Committee, Aziz Memon, led by example which was followed by District Governor-Elect Dr Pir Ebrahim Shah, Media Coordinator for Karachi, PP Jamsheed Zahidi, PP Tahira Khan, PP Irfan Qureshi, Rotaractors who volunteered to man the stall and distribute IEC and social mobilization material to children and adults.
Dr Nadia Farhan Essa from RCK Creek was instrumental in organizing the polio camp and stall which became a centre of attraction at Park Towers.

Similar stalls were set up in many other bustling shopping malls of Karachi and other cities of Pakistan. A three-page newspaper supplement was also brought out by the Polio Plus Committee to mark the occasion.

“Coinciding with World Polio Day, Rotary is ramping up its advocacy work in the 200 countries and regions where Rotary clubs exist to encourage every national government to commit to help meet a $700 million funding shortfall for the Global Polio Eradication Initiative through 2013,”  Pakistan’s National Chair, Polio Plus Committee, Aziz Memon, disclosed.

“Although new polio cases are at an all-time low, there were fewer than 180 worldwide in 2012 as of October 16 the funding gap has already curtailed scheduled immunization activities in polio-affected countries. If eradication fails and polio rebounds, up to 200,000 children per year could be paralyzed,” he warned.

‘The governments need to step up and honour their commitments to polio eradication if we are to achieve our goal of a polio-free world. We are at a true tipping point, with success never closer than it is right now. We must seize the advantage by acting immediately, or risk breaking our pledge to the world’s children,” the Chair of the Rotary Foundation, Wilfrid J. Wilkinson, remarked in his message on the World Polio Day 2012.

Thursday, October 25, 2012

Diplomatic Consultant Jibran, Sindh Governor discuss Green Revolution


By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The Governor of Sindh, Dr Ishrat-ul-Ebad Khan, has stated that the issue of pirates could only be resolved by combined efforts of the international community. He added that the Government of Pakistan, on its part, was trying its level best but greater efforts were needed to create awareness about it.

He made these observations during his meeting Diplomatic Consultant Jibran Ahmed Khan, who called on him at the Governor House, Karachi, on October 24.

The Green Revolution, a universal movement which aims to bring about a collective spiritual revival in the world through love, was also discussed during their meeting.

Jibran Khan briefed the Governor of Sindh about the efforts being made at the international level to combat the critical issue of pirates and for the promotion of the Green Revolution.

Dr Ishrat-ul-Ebad Khan was appreciative of the role being played by Jibran Khan in this direction, emphasizing that the Green Revolution can be immensely useful in food security besides enhancing economic cooperation between countries. 

Saturday, October 20, 2012

Pak Railways to operate Eid Special Trains despite lack of resources


By Abdul Qadir Qureshi
(Pakistan News & Features Services)

Despite the acute resource problems, the Pakistan Railways will be operating two Eid Special Trains from Karachi to Peshawar and Rawalpindi on October 24 and 25.

A Pakistan Railways spokesman has announced that the first Eid Special Train will leave the Karachi Cantonment Station for Peshawar at 11 am on October 24 while the second one will operate also from the Cantonment Station for Rawalpindi at the same time on October 25.

The Peshawar-bound train will be running via Lahore while Rawalpindi-bound special will run through Faisalabad.

The Divisional Superintendent, Anzer Ismail Rizvi, informed PNFS that strict measures have been taken to control black marketing of tickets in view of great rush of people intending to go to upcountry destinations to celebrate Eid-ulAzha with their families.

He said that the vigilance teams are in place who are keeping eye on elements habitual to coming out on such occasions to mint money through black marketing.

Anzar Rizvi warned that anyone nabbed trying to sell tickets in black market will be dealt with strictly.

He stated that the two Eid Special Trains are being run to clear the surging rush of the upcountry bound passengers.

Meanwhile the Divisional Commercial Officer, Shoaib Adil, has advised the travelling people to ensure to take up their journey on a ticket issued in their own name and also keep their NC with them.

He made it clear that if any one found travelling on a ticket issued in the name of some other person would be considered as being ‘without ticket’ and will be penalized accordingly.

Friday, October 19, 2012

AMUOBA observed Sir Syed Day with traditional enthusiasm


By Abdul Qadir Qureshi
(Pakistan News & Features Services)

Distinguished speakers paid rich homage to the great reformer and educationist, Sir Syed Ahmed Khan, on the occasion of his 195th birth anniversary observed under the auspices of Aligarh Muslim University Old Boys Association (AMUOBA) with a call by President AMUOBA and Chancellor, Sir Syed University of Engineering & Technology (SSUET), Engr Z A Nizami, for acquisition of the latest knowledge in the field of science and technology.

“Acquiring scientific and technological knowledge is the only solution for the problems being faced by the Muslims,” he observed in his Presidential address, declaring that the arduous task which was undertaken by Sir Syed Ahmed Khan for emancipation of Muslims of South Asia must continue with the same missionary zeal.

Engr Nizami described the establishment of Sir Syed University of Engineering and Technology as a big step towards the desired direction. He said that today SSUET was regarded as the top engineering university of Pakistan having collaboration with top 11 universities of USA.           

He reminded that Sir Syed’s aim was not just to establish a college at Aligarh but pursue the Muslims to acquire modern education to lift them up from a precarious position, having devoted whole of his life for this purpose.

Speaking on the occasion, Azad Bin Haider, a renowned politician of his prime days and a writer and researcher of eminence now, stated that it was the great reformer Sir Syed who gave a new direction to the Muslims of South Asia and it was mainly due to his movement that many more new movements for Muslim’s renaissance started in South Asia.

He said that the observance of Sir Syed Day by AMUOBA every year is a highly fruitful act and Pakistan can be led to the path of progress if the motives behind Pakistan Movement are remembered.

He thought of Sir Syed a real motivator who launched a movement for Muslims to acquire modern education and created a wave of awakening in them. He urged the youth to focus on their education which is the only solution to every problem.
Prof Dr Waqar Rizvi, a religious scholar and writer, presented a paper on Pakistan Movement and Sir Syed Ahmed Khan and said that it was the national spirit behind the mission undertaken by him which can truly be regarded as the foundation for the creation of Pakistan.

Renowned scholar, columnist and Pakistan Movement Gold medalist, Saeed Siddiqui, remarked that the past of nation is the pride of nation.  He said those nations who forget their history are bound to be eliminated.

Sir Syed Ahmed Khan, he said, was a great visionary, statesman and Muslim reformer of the 19th century who worked tooth and nail to make the community progressive and lead them to the cherished objective.  

He said that Sir Syed was the first Indian Muslim to contribute to the intellectual and institutional foundation of Muslim’s modernization in South Asia.

He recalled that in 1862 he formed a scientific society, and 13 years later he assisted in establishing the Mohammadan Anglo-Oriental College, which prospered and became the key intellectual center for Indian Muslims - The Aligarh Muslim University. The success of the college was largely due to his leadership and a curriculum embodying both Western and Oriental studies.

Ali Zafar Qadri, a senior Aligarhian presented a detail chronology of the life and accomplishments of Sir Syed Ahmed Khan while Khumar Farooqi, a renowned poet and writer, paid poetic homage to the great reformer and educationist and drew a big applause.

A significant feature of the function was highly impressive speeches on the life and achievements of Sir Syed Ahmed Khan by SSUET students Umer Khan in Urdu and Umer Ali Kazmi in English. The audience highly appreciated their knowledge about the great reformer.

Another feature of the well-attended function was singing of Tarana-e-Aligarh” sung by boys and girl students of Sir Syed University.

Monday, October 15, 2012

IT expert regrets reluctance to adapt to new trends


By Abdul Qadir Qureshi
(Pakistan News & Features Services)

With fast changes taking place in the era of globalization as compared to a decade back, new technologies are coming up every now and then with newest applications and tools.

“But the old-timers working with old technologies are reluctant to adopt the new trends”, Farrukh Nizami, an IT expert, regretted while addressing a seminar on Cisco Certified Network Associate (CCNA) held at the Sir Syed University of Engineering & Technology, (SSUET), Karachi.

Farrukh pointed out that Internetworking has grown fast during the last few decades to maintain the basic user requirements with major purpose being  to connect several related networks jointly so that each user could share the information same moment.

He said that Internetworking involves connecting networks which use different protocols and how different nodes in a network are connected to each other and how they communicate.

“There is no scarcity of jobs in the market for networking/IT professionals,” he stated adding that still the capable candidates were not available in the field.

He explained that Cisco Networking Academy is a global education programme which teaches students how to design, build, troubleshoot, and secure computer networks for increased access to career and economic opportunities in communities around the world.

The Networking Academy, Farrukh explained, provides online courses, interactive tools, and hands-on learning activities to help individuals prepare for ICT while and networking career is a requirement now-a-days virtually in every type of industry.

Sunday, October 14, 2012

Sindh Government’s Youth Affairs Department recognizes significance of media


Pakistan News & Features Services

The Youth Affairs Department of the Government of Sindh recognized the significance of media by joining hands with the Institute of Journalism, in holding a discussion on Media Patronage for Youth Development’ at the Arts Council of Pakistan on October 13.

Syed Faisal Ali Subzwari, Sindh Minister for Youth Affairs, was the chief guest in the forum which was presided over by Shoaib Ahmed Siddiqui, Secretary Youth Affairs to the Government of Sindh.

The Sindh Youth Minister candidly expressed his views about the current media practices and concluded that the youth development issues needs to be highlighted and should be patronized by media.

“Media being the fourth pillar of Pakistan must patronize youth development issues and should raise the voice of youth. The young journalists should be trained in a way that they can easily become the voice of youth and play their role effectively,” he stated.

Shoaib Siddiqui reckoned that the youth of the country was capable enough to make its presence felt in the field of media.

“Our youngsters do have the capacity to meet the challenge. Many of them have become successful media professionals. They have the talents to do the job. They, however, could fine tune their skills after completing their education,” he advised.

“Besides the young professionals the media in general should take the responsibility of playing its due role in patronizing the youth development,” Shoaib Siddiqui added.

Amin Yousuf, Secretary, Pakistan Federal Union of Journalist (PFUJ), and Ahmed Shah President, Arts Council of Pakistan, also shared their views and experiences on the occasion.

The event, attended by a large number of media professionals and aspiring young journalists, concluded with vote of thanks presented by Nauman Adil, Executive Director, Institute of Journalism.

Thursday, October 11, 2012

Arif Ali Shah Bukhari meets Bosnian President


By Abdul Qadir Qureshi 
(Pakistan News & Features Services)

Arif Ali Shah Bukhari, Regional Board Member of Young Presidents Organization (YPO), a chapter of World Presidents Organization (WPO), held a meeting with the visiting Bosnian President, Bakir Izetbegovic, in Islamabad.

During exchange of views, the Bosnian President invited Arif Bukhari, to bring YPO delegation to Bosnia in order to explore business opportunities over there. 

They also discussed other matters of mutual interests and Arif Bukhari, founder of YPO capital, expressed his gratitude and informed the President of his best feelings for Bosnia and his plans to arrange meaningful dialogues between the top businessmen of both countries.

Arif Bukhari, a Member Board of YPO MENA (Middle East & North African Region), is currently the Chapter Chair of Pakistan. He is also the Founder of YPO Indus chapter and Mentor of WPO Pakistan Chapter.