Daily Archives: October 16, 2018

‫ژیجیانگ سیانجوکی ماحول دوست ترقی کے ساتھ “خوبصورت چین” کے کاؤنٹی ماڈل کی تخلیق

سیانجو، چین، 15 اکتوبر 2018ء/سنہوا-ایشیانیٹ/– سی پی سی سیانجو کاؤنٹی کمیٹی کے پبلسٹی ڈپارٹمنٹ کے مطابق 12 سے 14 اکتوبر تک چین کا تیسرا گرین ڈیولپمنٹ سیانجو فورم سیانجو کاؤنٹی، ژیجیانگ صوبے میں منعقد ہوا۔

سیانجو مشرقی چین میں ایک نسبتاً دور دراز پہاڑی علاقہ ہے۔ آج مقامی افراد کو ان کے ماحول دوست طرزِ زندگی کا صلہ دیا جا سکتا ہے۔ مکین پیدل چلنے کا انتخاب کرکے، سرکاری سائیکلیں چلا کر یا بس کے ذریعے سفر کرکے “گرین کوائنز” کی مخصوص تعداد حاصل کر سکتے ہیں، جنہیں اخراجات، روزمرہ خرچوں، خیراتی عطیات وغیرہ کے لیے استعمال کیا جا سکتا ہے۔ ایک “گرین کوائن” 1 رینمنبی کے برابر ہے۔

اس قسم کا صحت مندانہ اور ماحول دوست طرزِ زندگی سیانجو میں ہر طرف دیکھا جا سکتا ہے۔ یہی نہیں بلکہ سیانجو کی موجودہ صنعتی ترقی بھی ماحول دوست صنعت سے قریبی تعلق رکھتی ہے۔

سیانجو کاؤنٹی کے جنگلات کے پھیلاؤ کی شرح 79.6 فیصد ہے۔ وہ مقام جہاں تانگ خاندان کے دور کے شاعر لی بائی کے “ایک سپنے میں بلند ہونے والے تیانمو پہاڑ” کا ذکر ہے وہ تیانمو پہاڑ سیانجو میں واقع ہے، اور “وہ جگہ جہاں زندۂ جاوید رہتے ہیں” سمجھا جاتا ہے۔ طویل عرصے سے سیانجو بہترین ماحول رکھتا ہے، لیکن اقتصادی ترقی کے لحاظ سے سیانجو ژیجیانگ میں ایک ترقی یافتہ کاؤنٹی نہیں ہے۔  اب تک ژیجیانگ نے  صرف اسے کاؤنٹی کی سطح کے گرین ڈویلپمنٹ ریفریجریشن پائلٹ کی حیثیت سے منتخب کیا ہے۔ حکومت، اداروں اور عوام کے ساتھ اپنے اشتراک کے ذریعے اس نے چین کے لیے ماحول دوست ترقی، خوش حال زندگی اور مستحکم ماحول کے ساتھ “خوبصورت چین” کاؤنٹی ماڈل تلاش کیا ہے۔

سیانجو روایتی دیہات سے مختلف ہے۔ یہ نسبتاً ایک قدرتی پارک کی طرح ہےجہاں ماحولیات، زندگی اور معیشت باہمی ہم آہنگی سے ترقی پاتی ہیں۔

سیانجو کی اقتصادی ترقی کی “ماحول دوستی” نے عملی طور پر برتری حاصل کرلی ہے۔ مثال کے طور پر روایتی ادویات سازی کی صنعت کے لیے ایک اچھی بنیاد فراہم کرتے ہوئے سیانجو نے کم ٹیکنالوجی مواد، کم پیداواری صلاحیت اور شہری علاقوں میں پھیلی ہوئی تقسیم کاری کی حامل بیشتر ادویات سازی کے ادارے بند کردیے۔ برقرار رکھے گئے اداروں کو مکمل طور پر ایک اکنامک ڈیولپمنٹ زون میں منتقل کردیا گیاا ور مصنوعات کو بھی خام مال کی رسد سے لے کر پیٹنٹ ادویات کی پیداوار تک ترقی دی گئی، یوں جدید ادویات اور بایومیڈیسن کو تبدیل کیا گیا۔ اسی دوران سیانجو نے بہترین صحت، شاندار سیاحت اور عظیم ثقافت کی تین “دس ارب صنعت” کو متحرک انداز میں ترتیب دیا، تاکہ ماحول دوستی اور اعلیٰ معیار کی جانب اقتصادی ترقی کے لیے ترویج دی جائے۔

قدیم پیداواری استعداد کے خاتمے اور سائنسی و ٹیکنالوجی جدت کو استحکام دے کر سیانجو کی ہائی-ٹیک صنعت کی اضافی قدر صنعت کی کُل قدر کے نصف تک پہنچی اور ماحول دوست صنعت کاؤنٹی کے گزشتہ سال کے جی ڈی پی کا 83 فیصد رہی۔

“قومی سطح کی ماحول دوست کاؤنٹی”، “قومی سطح کے خوبصورت دیہی پائلٹ کاؤنٹی کی معیار بندی”، “چین کی تفریحی زراعت اور دیہی سیاحت کی عملی کاؤنٹی”، “چین کے بہترین دیہی اقتصادی سیاحت و تعطیلات کے مقام” ۔۔۔ سیانجو کی ساکھ حالیہ سالوں میں ایک امتیازی ماحول دوست ترقی کے پس منظر کے ساتھ بڑھی ہے۔

“گرین کوائن” سسٹم کے ساتھ ساتھ آجکل سیانجو کے شہریوں نے ایک “ماحول دوست اتفاق” بھی طے کیا ہے اور ماحول دوست کھپت، توانائی حفاظت اور ماحولیاتی تحفظ، سی ڈی-روم آپریشنز، ماحول دوست سفر، کوڑے کی چھانٹی میں متحرک انداز میں کام کر رہے ہیں۔ ماحول دوست ترقی کے اقدامات سیانجو میں ایک فیشن بن چکے ہیں۔

“ماحول دوست کاؤنٹی-تعمیر اور سبز ترقی کا راستہ اختیار کرنا قومی ماحول دوستی تہذيبی تعمیر کے نفاذ کی ہی ضرورت نہیں، بلکہ فیری ہاؤسز کی تعمیر کے مرحلے کے لیے تاریخی انتخاب بھی ہے۔” لی ہونگ، سیکرٹری سیانجو کاؤنٹی پارٹی کمیٹی نے کہا کہ مستقبل میں سیانجو ایک زبردست اور کھلا پہاڑی مقام، ایک ماحول دوست اقتصادی پہاڑی مقام، ایک کاؤنٹی ثقافتی پہاڑی مقام، ایک سازگار اور خوش حال پہاڑی مقام بننے کے لیے ہر ممکن کوشش کرے گا۔

چائنا ایکولوجیکل سویلائزیشن ریسرچ اینڈ پروموشن ایسوسی ایشن کے ذمہ دار فرد نے کہا کہ سیانجو نے حالیہ چند سالوں میں  ایک ماحول دوست معیشت کے قیام اور ماحول دوست بہبودکے فروغ پر توجہ رکھی ہے۔ یہ ایک پائیدار اور آگے بڑھائے جانےکے قابل تلاش ہے جو چین کو ماحول دوست ترقی اور دیہی تجدید کی حکمت عملی کے تصور کو نفاذ کرنے کے لیے ایک نمونہ فراہم کرے گی۔

ذریعہ: سی پی سی سیانجو کاؤنٹی کمیٹی کا پبلسٹی ڈپارٹمنٹ

تصویری اٹیچمنٹس کے لنکس:
http://asianetnews.net/view-attachment?attach-id=321932

Gree’s Energy-saving CAC GMV ECO Favored at Canton Fair, Offering Green Solutions

GUANGZHOU, China, Oct. 16, 2018 /Xinhua-AsiaNet/– On October 16, the second day of the 124th China Import and Export Fair (or Canton Fair), Gree Electric Appliances Inc. of Zhuhai, a leading household appliances manufacturer in China, held a product launch of GMV ECO, its new generation energy-saving commercial AC. This new type of VRF (Variable Refrigerant Flow) unit attracted buyers and exhibitors from home and abroad as it features “50% power savings”, which greatly reduces energy waste and brings green lifestyle to the world.

A World’s First and Leading Technology Helps to Promote the Energy-saving Revolution

During the launch, Mr. Zhao Guoliang, the Assistant GM of Gree Overseas Sales Company, introduced the GMV ECO in details.

He mentioned that the secret for “50% power savings” of this new product lies in its inverter and variable volume technology, which was created by Gree and leads the rest of the world.

According to the Chinese market big data survey, household central air conditioners run at low load (below 30%) for 60% of the time when Chinese consumers are using them. Gree’s inverter and variable volume technology, however, can reduce the minimum output to improve the efficiency. The minimum cooling capacity can be as low as 5% of the rated one, which is 42% lower than that of a conventional VRF unit, and its energy efficiency can reach 3.55. When the load rate is 10%, the energy efficiency is up to 4.25, 130% higher compared with the conventional VRF unit. With such advanced energy-saving technologies for green development, Gree has indeed realized “50% power savings”.

A year ago, on September 27, Gree’s “High-efficiency Household VRF Unit Based on Different Volume Switching Compressor Technology” was identified by experts as the first of its kind in the world with world-leading level. At present, this product has applied for 2 international patents as well as 36 national invention patents, with 19 granted.

“The reasons behind our 16-year professional cooperation and good relations with Gree are the following: good quality, fresh and leading design, energy-saving and environment friendly. With 50% power savings, I believe the new generation GMV ECO will become the No.1 seller in the market. We ourselves have made big orders for the product. We are also confident that more and more beautiful products will be created by Gree, and loved by the world,” said Mr. Vitaliy Shuryga, the general manager of Step Trading Company LLC from Ukraine.

Other prime products of Gree’s three brands, i.e. GREE, KINGHOME, TOSOT, under the display theme of “New Energy, New Technology, New refrigerant” are also the highlights at the Fair.

Promoting Green and Innovation-driven Development: Made in China, Loved by the World

Gree established the R&D institution for central air conditioning back in 1991 and it’s among the earliest enterprises engaged in R&D, production and sales of such product in China. Thanks to independent innovation, Gree has been continuously making breakthroughs in the field of VRF units and striding forward along the green development path.

Ms. Dong Mingzhu, Chairperson of Gree Electric Appliances and a practitioner of such development philosophy, was officially appointed as the “Messenger of Sustainable Urban Development Project” by the United Nations in September 2014. “Enterprises are not for survival, but for changing an era. This is our responsibility. We strive, not only for China, but also for the world, to create new ways of life with technologies, a new mode of sustainable development,” said Ms. Dong.

Source: Gree Electric Appliances Inc. of Zhuhai

LCCI inks Memorandum of Understanding with Institute of Business and Management to make joint efforts for the cause of trade, industry and academia

Lahore, October 16, 2018 (PPI-OT): The Lahore Chamber of Commerce and Industry has inked a Memorandum of Understanding (MOU) with Institute of Business and Management (IB and M), UET to make joint efforts for the cause of trade, industry and academia. The LCCI Senior Vice President Khawaja Shahzad Nasir and Dean/Director of IB and M, UET Dr. Ghulam Abbas Anjum signed the MOU on behalf of their respective organizations.

The LCCI Vice President Fahim ur Rehman Sehgal and Executive Committee Members were also present on the occasion. This agreement is continuity of the LCCI endeavours aimed at filling the communication gap between the industry and academia. The MOU will enable both the institutions to share their knowledge and experience for mutual benefits. It was also agreed that both the sides will conduct joint seminars and workshops on common issues.

According to MOU, LCCI and IB and M will exchange information on reciprocal basis regarding activities. The LCCI will establish regular interface with IB and M to share information of mutual interest. Both organizations will collaborate and undertake joint research/industrial projects with mutual consent. The LCCI will engage different faculty members of IB and M at different times, as the need be, for the expert opinion and advice from time to time.

The LCCI Senior Vice President Khawaja Shahzad Nasir said that linking academia with the business needs is a crucial step which should remain at the forefront to motivate both the sides and enhance their skills. He said that the MOU with Institute of Business and Management (IB and M) UET will pave way for the progress and prosperity of the country. He said that the LCCI would make best use of this facility as a number of economic challenges have direct link with the unavailability of correct data. He said that it would not only further strengthen University-Industry collaboration but it would also help researchers to have access to the real challenges being encountered by the trade and Industry.

Khawaja Shahzad Nasir said that the Lahore Chamber of Commerce and Industry has already signed a number of MOUs with the educational institutions and this agreement will also go a long way for the promotion of regional trade that is buzz word in today’s global village. Dr. Ghulam Abbas Anjum thanked the Lahore Chamber of Commerce and Industry and assured of his full support for the cause of promotion of research and development culture in the country.

For more information, contact:
Information Department
Lahore Chamber of Commerce and Industry (LCCI)
11-Shahrah-e-Aiwan-e-Tijarat,
Lahore -54000, Pakistan
Tel: +92-42-111-222-499
Fax: +92-42-36368854
Website: www.lcci.org.pk

Pakistan Stock Exchange holds Awareness Session at Gilgit

Karachi, October 16, 2018 (PPI-OT): In order to create awareness amongst the general public about stock investments, Pakistan Stock Exchange (PSX) conducted an awareness session at Gilgit, Gilgit-Baltistan. Dr. Muhammad Iqbal, Minister for Works, Government of GB, was the chief guest at the occasion. The event was coordinated by Gilgit-Baltistan Chamber of Commerce and Industry along with two brokerage firms of PSX (TRE Certificate holders), namely JS Global Capital Limited and Zahid Latif Khan Securities (Pvt.) Limited.

Speaking at the event, Mr. Imran Ali, President Gilgit-Baltistan Chamber of Commerce and Industry, said that it was encouraging that PSX was taking keen interest to educate the public on stock investments by holding this event for the second time in the region. He said there were many potential investors in Gilgit-Baltistan but; however, no brokerage firm or branch thereof exists in the entire region. He expressed the hope to see some brokerage houses set up their branch offices to cater to the demand in the region.

The participants were given a detailed overview on PSX and stock investments including the history of the PSX, investment avenues, risk/return parameters, long term investments, and considerations while investing. The participants were briefed on structural, strategic and regulatory developments. They were explained how the stock market was comparatively a good avenue for long term investments.

At the end, Dr. Muhammad Iqbal, Minister for Works, Gilgit-Baltistan, addressed the participants. He said that the event conducted by PSX to educate masses at GB was a commendable step. He lauded the efforts of PSX for giving priority to GB in this case. He assured all out support and cooperation to PSX for its future plans and programs in GB.

For more information, contact:
Public Relations,
Pakistan Stock Exchange Limited (PSX)
Cell: +92-332-3289727
Tel: +92-21-111-001122
Tel: +92-21-32428954, 35274576
Fax: +92-21-32419146
Email: nadeem.khanani@psx.com.pk
Website: www.psx.com.pk

JCR-VIS Assigns Initial Ratings to Sheikhoo Sugar Mills Limited

Karachi, October 16, 2018 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial entity ratings of ‘A-/A-2’ (Single A-Minus/A-Two) to Sheikhoo Sugar Mills Limited (SSML). The medium to long-term rating of ‘A-’ denotes good credit quality coupled with adequate protection factors. Moreover, risk factors may vary with possible changes in the economy. The short-term rating of ‘A-2’ denotes good certainty of timely payments. Liquidity factors and company fundamentals are considered sound. Outlook on the assigned ratings is ‘Stable’.

SSML is a sugar manufacturing company located in the South-western Punjab. Shareholding of the company is vested with the sponsoring family, which owned Baksh Group of Companies in the early 1950s. The assigned ratings take into account moderate business profile of the company, largely underpinned by ample experience of sponsors led management in the sugar sector, sizeable crushing operations, and strong business relationships with institutional customers. Planned steel billets manufacturing plant is expected to provide a cushion against cyclicality risk of sugar sector.

The ratings also derive strength from sound financial risk profile as depicted by sustained profit margins, low gearing and leverage indicators, and adequate debt coverage. However, the ratings are constrained by vulnerability in sugar prices and increased susceptibility of business performance to oversupply in the market, thereby propelling the company to carry over considerable inventory into the next financial year. Material delays and cost overruns in steel project and loss of major institutional clients may negatively impact the ratings.

The business model of SSML is considered relatively medium-risk as its customer base largely comprises institutional customers, which on average account for around 80% of total volumetric sales. Meanwhile, the credit risk is deemed low owing to the company’s policy of making sales on advance payment terms to the corporate clients. However, the business performance remained susceptible to depressed selling prices, driven largely by oversupply in the market which emanated from the bumper crop during the previous crushing season. Thereby, gross margins were recorded slightly lower while inventory levels remained on the higher side during 9MFY18.

The company intends to carry over about one fourth inventory to the next year in anticipation of some improvement in sugar prices. Moreover, the government’s recent initiative of allowing export of 1.0m tons of sugar is expected to help in reducing surplus stock and to have positive connotation for the overall industry. The establishment of steel billets manufacturing plant having production capacity of 150,000 M.T. is expected provide a cushion against the cyclicality risk of sugar sector. Electricity generated from internally produced bagasse will power the steel plant that is projected to come online by June 2019.

Equity base has augmented with the continued retention of profits, whereas the utilization of debt financing has increased in the past two years. During 9MFY18, SSML raised new long-term debt to fund the import of new crushing machines, falling film evaporators, and commence civil work on steel project. The utilization of short-term borrowings also increased due to elevated working capital requirements. The gearing and debt leverage indicators increased but are considered manageable. The ratings will remain dependent on the maintenance of healthy relations with the major corporate customers, relatively low leverage and adequate debt service coverage.

For more information, contact:
CFA
JCR-VIS Credit Rating Company Limited
VIS House, 128/C,
25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: sobia@jcrvis.com.pk

K-Electric defeats Pakistan Navy FC and remains Top of the Pakistan Premier League

Multan, October 16, 2018 (PPI-OT): K-Electric Football Club (KEFC) remains top of the Pakistan Premier League (PPL) standings after a hard-fought win against Pak Navy football club. KEFC defeated Pak Navy FC 2-1 after coming from behind in a match that was played at the Qila Qasim Bagh ground in Multan.

Pakistan Navy took the lead in the 55th minute after forward Abdul Rehman netted the ball in but KEFC recovered in the second half and a quick brace from KEFC forward and team captain Mohammad Rasool gave the current premier league champions their third win of the league. With three wins and no losses so far, KE is ahead of PAF FC on goal difference.

Team captain Mohammad Rasool after the game accredited the team performance and said, “It was a hard-fought win and it’s never easy coming from behind against a tough side such as Pak Navy FC. We hope to maintain this undefeated run and retain the title by the end of the season.”

KEFC striker Mohammad Rasool remains KE’s top scorer with 5 goals and the team will now play their next match against KRL on the 21st of October, in Lahore. The Pakistan Premier League is Pakistan’s professional league for men’s association of football clubs. This tournament is at the top of the Pakistan football league system and it is the country’s primary football competition. KE FC is the current premier league champion defending its title in this year’s league.

For more information, contact:
DGM-Media Cell
K-Electric
Formerly known as Karachi Electric Supply Company Limited (KESC)
2nd Floor, State Life Building No 11,
Abdullah Haroon Road, Saddar, Karachi
Tel: +92-21-99207163
Cell: +92-301-8286193
Email: ahmed.faraz@ke.com.pk