Daily Archives: August 14, 2018

All parties should work for economic development: PIAF

Lahore, August 14, 2018 (PPI-OT):The Pakistan Industrial and Traders Associations Front (PIAF) Chairman Irfan Iqbal Sheikh has greeted the new parliamentarians who have now taken oath in the National Assembly on 13th of August, asking them to work united for the economic development and prosperity of the country. He said that seventy years have passed since independence but our country still remains without direction, which is a bigger problem than the energy crisis, law and order situation and current dollar crisis.

He said that many policies are incoherent, there is a lack of coordination among different ministries and a lack of trust can be observed among business community and important departments. He said that the business community welcomes the victory of PTI and hopes that now uncertainty is ending and stability will come which is vital for economic growth.

He said that developed nations plan for decades and centuries while we are busy in day-to-day affairs, which has deprived the country of an opportunity to face challenges in the fast changing world. While issuing a press statement chairman PIAF Irfan Iqbal Sheikh alongwith senior vice chairman Tanvir Ahmed and vice chairman Kh Shahzeb Akram said that PIAF is hopeful that the new government, as per its manifesto, will ensure the supremacy of merit, transparency and across the board accountability, leading to progress and prosperity in the country, he stated. He said that after the successful elections now serious economic and security challenges await the new government.

On the occasion of 71st Independence Day chairman PIAF Irfan Iqbal Sheikh also congratulated the nation and asked them to work more commitment and motivation for the betterment of economic development. It is the need of the hour that we all should work with more commitment and dedication, he added.

Chairman PIAF stressed upon all the political parties to show unity on national issues, as Pakistan is currently facing many economic challenges, which can only be addressed through taking all necessary measures unanimously. He said that macro-economic reforms and necessary policy changes can turn Pakistan into an economic power, which is a must to tackle the challenges posed by the changing global scenario.

For more information, contact:
Pakistan Industrial and Traders Associations Front (PIAF)
110/s Kot Lakhpat Industrial Estate, Lahore, Pakistan
Tel: +92-42-5123522
Fax: +92-42-5123522
Email: Info@piaf.pk

Change of guard ceremony held at Mazar-e-Quaid

Change of guard ceremony was held at Mazar-e-Quaid in Karachi on Tuesday morning.

Cadets of Pakistan Navy took charge of their duties at the Mazar.

Commandant Pakistan Naval Academy Commodore Waqar Muhammad was the chief guest at the ceremony.

Honorary guards consist of best sailors of Pakistan Navy.

Source: Radio Pakistan

Independence Day celebrated in Hyderabad

71st Independence Day was celebrated in Hyderabad district as elsewhere in the country with great enthusiasm and zeal.

In this connection, a flag hoisting ceremony was held at Radio Hyderabad on Tuesday morning.

According to our Hyderabad representative, Station Director Radio Hyderabad Muhammad Ali Banbhan along with other official also cut the cake and distributed sweets among them.

All sections including News, Programs Engineering, Administration, Accounts and security staff were present on the occasion.

Source: Radio Pakistan

Turkey to boycott US-made electronic products: Erdogan

President Recep Tayyip Erdogan has announced Turkey will boycott American electronic products.

The announcement came in his address to a symposium organized by the Foundation for Political, Economic and Social Research (SETA) on the 17th foundation anniversary of the ruling Justice and Development (AK) Party.

We will boycott America’s electronic products, Erdogan said mentioning that Turkey would produce the better of every product bought with foreign currencies and export them.

They do not refrain from using economy as a weapon against us [Turkey], as they [also] tried in the areas of diplomacy, military, or efforts for social and political instability, he added.

Turkey and the U.S. are currently experiencing rocky relations following Washington’s imposition of sanctions on Interior Minister Suleyman Soylu and Justice Minister Abdulhamit Gul for not releasing American Pastor Andrew Brunson, who faces terrorism charges in Turkey.

U.S. President Donald Trump on Friday ramped up his attack on Turkey by doubling U.S. tariffs on Turkish aluminum and steel imports to 20 percent and 50 percent, respectively.

Source: Radio Pakistan

Bridge collapse leaves 22 dead in Italy

In Italy, at least twenty two people have been killed when a bridge collapsed in Genoa port city.

According to Italian police, the bridge collapsed during torrential rainfall.

Source: Radio Pakistan

Terrorist killed in police clash in Swabi

A terrorist was killed in an armed clash with police in Swabi on Tuesday.

According to the provincial Counter Terrorism Department, a police official was also injured in the encounter.

Source: Radio Pakistan