This lead to the development of Country Program Framework for Pakistan under the leadership of Ministry of Industry and Production in collaboration with other line … In addition to this, FBR issued the Sales Tax General Order (STGO) for the Cement manufacturers, for the implementation of Electronic Monitoring of production and sales of goods in the manner prescribed in the law on all manufacturing sites. United Nations Industrial Development Organization (UNIDO), specialized agency of the United Nations. 0. Facebook. The core objective of the project was to promote market-based adoption of modern biomass energy conversion technologies for power generation in Small and Medium Enterprises … This material may not be published, broadcast, rewritten, Google+. All meetings focused on how to align the CP with economic and industrial policies of government of Pakistan and also with the CPEC which is also government's priority and vital to economic growth of Pakistan. Earlier on her welcoming note, Ms. Nadia Aftab, UNIDO Country Representative described the vision of UNIDO and activities of UNIDO Pakistan, especially in … Facebook has removed more than 130 accounts, pages and groups it says were part of a UK-based misinformation network. The Board of Directors of Jahangir Siddiqui & Co. Ltd approved to offer 183,188,477 listed, convertible, redeemable, non-voting, non-participatory, cumulative Class “A” Preference Shares of Rs10/- each, of the aggregate subscription amount of PKR 1,831,884,770 to the existing Shareholders of the Company. WhatsApp. The Board of Directors of Ravi Textile Mills Limited, in a meeting considered and resolved in-principle to change the Company's principal line of business to 'Steel and Allied products'. Meanwhile, the Economic Coordination Committee (ECC) of the Cabinet approved revising OMCs and Dealers Margins on the basis of 85% of the latest average core inflation. US Agency for International Development launched the Pakistan Private Sector Energy Project. Twitter. After bleeding for two consecutive years amid a slowing economy, the fortunes of the... MG Link is a leading source of data, Financial Market Intelligence and News. copyrighted © 2021 The Express Tribune. UNIDO is the specialized agency of the UN that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability. This lead to the development of Country Program Framework for Pakistan under the leadership of Ministry of Industry and Production in collaboration with other line ministries and local governments. The United Nations Industrial Development Organization (UNIDO) received a US$5,2 million grant from the Government of Japan to support agri-food and agro-industry development in the Pakistani provinces of Khyber Pakhtunkhwa and Balochistan. nearly 42% lower than the losses recorded during the same period of last year. 5 billion by amending the Memorandum and Articles of Association of the Company. ISLAMABAD, (UrduPoint / Pakistan Point News - 17th Feb, 2020 ):United Nation Industrial Development Organization (UNIDO), Investment and Technology Promotion Office (ITPO) Tokyo in collaboration with Japan International Cooperation Agency (JICA) will organize "Pakistan Investment Seminar and Business Talk" on March 16 in Osaka and on March 17 in Tokyo. For more information, please see our Comments FAQ, Kareena Kapoor Khan inspired ‘pawri girl’ Dananeer Mobeen, Surprise inclusions and exclusions in Pakistan squads, ECP record shows Mirza Afridi in PML-N fold, Pakistan confident UAE will rollover $1b loan, Punjab tightens Covid-19 restrictions, businesses to close at 6pm from today, Modi’s manipulation of caste-based politics, Economic coup amidst high tension politics, Political parties need serious introspection. #UNIDO has released a new publication on the Organization’s work in the area of South-South and triangular industrial cooperation (SSTIC). ... UNIDO Pakistan is implementing the Global Environment Facility (GEF), a project titled, “Promoting Sustainable Energy Production and Use from Biomass in Pakistan”. On Wednesday, the Federal cabinet accorded approval to the draft of the State Bank of Pakistan Amendment Bill 2021. 454 คนกำลังพูดถึงสิ่งนี้. Aligned with the national development agenda and focused on sectors with high growth potential, the programme supports a country in achieving its industrial development goals. The mission initiated its deliberations with the briefing at Ministry of Foreign Affairs, followed by technical and strategic level consultations with the high ranking government officials from the Ministries of Industries & Production, Climate Change, Science & Technology, Commerce, Planning, Development & Reform, Board of Investment and Economic Affairs Division. in Pakistan and export to other countries with an estimated cost of Rs. The benchmark index was let down by the performance of the Technology and Communication sector, which snatched around 353 points during the week. UNIDO, Pakistan begin deliberations for inclusive and sustainable industrial development in Pakistan, Pakistan a rapidly growing economy with space opening for investment and business: South Korean Ambassador, Muffasar Malik advises government to reduce duties, taxes on imported dry milk, Key Pakistan Market Stats and Economic Indicators, SECP sensitizes people to carefully read term & conditions of insurance policies, H202 Industry: To greatly benefit from improved textile dynamics, https://mettisglobal.news/wp-content/uploads/2020/12/MG-Final-‑-Made-with-FlexClip_Trim.mp4, The Income Tax Second Amendment Bill 2021”, FBR issued the Sales Tax General Order (STGO), State Bank of Pakistan Amendment Bill 2021, Executive Committee of the National Economic Council. ISLAMABAD: United Nations Industrial Development Organization (UNIDO) developed a project proposal on Agro-Industry Development Programme for Khyber-Pakhtunkhwa (KP) and Gilgit-Baltistan (GB) targeting fresh fruits, dry fruits, trout fish and dairy sectors. Email. March 14, 2021 (MLN): The KSE-100 index plummeted 2,049 points during the departed week and closed 43,788 mark i.e. Twitter. While the cement sector took away 30 points from the index during the week as investors fear rate hike in the upcoming monetary policy which could potentially hurt the bottom line as the sector is highly leveraged, a report by Spectrum Securities said. The last day of the week, however, saw investors returning in hoards and lift the index from its week low of 42,780 points, albeit slightly. The GCIP Project Manager from UNIDO Alois Mhlanga also appreciated the achievements of GCIP in Pakistan. Ittehad Chemicals Limited (ICL) successfully achieved the financial close of the LABSA / SLES Plant within the time frame and a Letter of Credit has been established to import the Plant and Machinery. After resisting IMF’s request for more than a year, the Federal government on Tuesday approved “The Income Tax Second Amendment Bill 2021”. Log into Facebook to start sharing and connecting with your friends, family, and people you know. Fifty years ago, the UN General Assembly created the United Nations Industrial Development Organisation (UNIDO). Pinterest. Linkedin. UNIDO Jobs; UNIDO Jobs. The team also had consultative discussions with heads of academic and development partners including National University of Science and Technology (NUST), EU delegation and Asian Development Bank, Japanese Embassy along with the final meeting with Chinese Ambassador to Pakistan. Follow GCIP Pakistan's Facebook page. The final document of the Country Program Framework is expected to be signed with the government later this year in conjunction with the celebration of the 50th Anniversary of UNIDO-Pakistan Cooperation. “Agriculture ensures food security and a growing agricultural sector boosts the national economy, reduces poverty and improves access to quality and … UNIDO’s Representative to Pakistan, Esam Alqararah, shared UNIDO’s vision of energy and environment and highlighted UNIDO’s efforts to promote renewable energy and clean technologies in Pakistan. ... United Nations Industrial Development Organization บน Facebook. According to the report by BMA Capital, the cause of the rapid investor exit was mainly due to concerns about inflation, political uncertainty, PM’s approval on the abolishment of corporate income tax exemptions. The government of Pakistan had expressed interest for strengthening cooperation with United Nations Industrial Development Organization (UNIDO) to promote Inclusive and sustainable Industrial Development in the Country. A launch workshop was arranged by UNIDO where this program was part of UNIDO 's flag ship project on Energy Efficiency and Renewable Energy called Sustainable Energy Initiative for Industries in Pakistan, a press release said. Twitter Share . The writer is Director General of United Nations Industrial Development Organisation. Flow-wise, foreign investors remained net buyers during the week (net buy of USD3.64mn) together with Individuals (net buy of USD5.94mn) and Banks (net buy of USD4.28mn) while major selling was witnessed from Mutual Funds (net sell of USD9.05mn) accompanied by Insurance (net sell of USD5.63mn) and Companies (net sell of USD1.28mn). A prospective of Industrial cluster was also been taken into account while visiting a garment factory in Lahore. The delegation also paid a field visit to Lahore and had consultation with local government. The Board of Directors of Ghani Global Holdings Limited decided to enter into green energy technology business by way of manufacturing and sale of supercapacitors and to provide long term energy storage solutions for Electric Vehicles, Solar & UPS Battery Solutions, Telecom, Microgrid, Locomotives, Industrial Equipment, Energy Harvesting, and Green Technology, etc. redistributed or derived from. Facebook Count. As the only registered business news agency in Pakistan we take pride in the speed and accuracy of our news. Sazgar Engineering Works Limited signed another Vehicle Assembly Technical and Cooperation Agreement with a renowned Chinese Automobile Manufacturer, for the manufacture/Assembly, sales, and after-sales service of passenger and commercial vehicles. Business & Commerce Technology. 24 th July 2019, Islamabad: A launch workshop was arranged by United Nations Industrial Development Organization (UNIDO) to mark the beginning of its program on implementation of Energy Management System (EnMS) in Industries.This program, is a part of UNIDO’s flag ship project on Energy Efficiency and Renewable Energy called Sustainable Energy Initiative for Industries in Pakistan. Business. Industrial development is incomplete without the inputs of private sector, hence two major consultations held with representatives of various Chambers of Commerce and Industry from Islamabad, Rawalpindi, KPK and FPCCI in Lahore to CEOs of few Industries. The Board of Directors of Mughal Iron & Steel Industries Limited, in their meeting held on March 10, 2021, considered and approved the increase in the authorized capital of the Company from Rs. Facebook has said it is committed to "advancing equity and racial justice". Share on Facebook Share on Twitter Share on WhatsApp Current jobs. 17.26 billion (LPS: 18.15) for the half-year ended June 30, 2020, i.e. Pakistan has great potential when we talk about the accomplishments of young innovators in the field of technology. 3,200 million. Nadia Aftab, the Country Representative of UNIDO Pakistan also shared the agency’s vision on energy and environment in endorsing clean technologies. The Organisation quickly grew to its current size of 170 members. REEE project of UNIDO Pakistan has inception meeting with NSRP to support small and micro enterprises including women own business by providing them with efficient and … Facebook. Sep 02, 2019: The United Nations Industrial Development Organization (UNIDO) and National University of Sciences and Technology (NUST) had joined hands for development of first ‘Biomass Cluster in Pakistan’. TikTok overpowers Google and Facebook with worldwide app downloads. The Board of Directors of International Steels Limited (ISL) in its meeting approved a capital expenditure of Rs.1.235 billion for a debottlenecking project to enhance the finishing capacity of Cold Rolled Coils and sheets by 120,000 tons per annum using Temporary Economic Refinance Facility (TERF) and Long Term Financing Facility (LTFF) offered by State Bank of Pakistan. Steel industry should be part of govt’s track and... Brexit negotiations to go ahead on Monday, President ICCI foresees huge opportunity after Pak-Turkey FTA, Hi-Tech Lubricants gets OGRA’s permission to set up 35 Petrol Pumps in KPK, President stresses to promote Industrial Biotechnology. Representative: Mr. SOK Narin Address: Phnom Penh Center, Building A Room #611, 6th floor Samdech Sothearos Blvd Phnom Penh CAMBODIA Email: [email protected] Tel: +855 23 860927; +855 12 757327; HQ: 18172; IP: +43 1 26026 18172; Mobile: +855 12 757327 Websites: UNIDO Website For more information, please contact: Alois Mhlanga UNIDO Industrial Development Officer email That's why five awards have been given to the most promising Comments are moderated and generally will be posted if they are on-topic and not abusive. In this context and after the initial survey of the industrial development situation, UNIDO HQ mission comprise of Mr. Zhen Wang, Chief, Asia-Pacific Regional Division and Mr. Nobuya Haraguchi, Senior Officer, Research & Industrial Policy Advice Division visited Pakistan and along with Country Representative and team held consultative meetings with the key stakeholders in Islamabad. Furthermore, the Executive Committee of the National Economic Council approved twelve development projects worth over 267 billion rupees in various sectors including infrastructure, water and roads. Lucky Cement Limited announced that the Greenfield cement production facility in Samawah, Iraq with a capacity of 1.2 million tons per annum has successfully commenced its operations with effect from March 10, 2021. With advent in technology, the effect of global warming and climate change is rising fast and scientists think that Earth might turn out … Hascol Petroleum Limited incurred losses of Rs. ... P.O.Box 1051, Islamabad, Pakistan Fax: (92 51) 2600254-55 Follow us in facebook. Speaking on the occasion, Trade Development Authority of Pakistan (TDAP) director expressed his gratitude to the UNIDO for providing invaluable support to the project. The UNIDO helped with the establishment of a comprehensive food safety system, starting with the passage of Pakistan Food Safety Bill developed by UNIDO over … Earlier this week outdoor brands The North Face, Patagonia and REI joined the campaign . Manufacturing in Pakistan lags behind Bangladesh, India and Sri Lanka in terms of manufacturing value added per capita as well as per capita exports of manufactured products, according to Competitive Industrial Performance Report 2020 released by United Nations Industrial Development Organization (UNIDO). Company-wise, the top performers for the week were, AICL (+9.5%WoW), SFL (+3.7% WoW), MUREB (+3.3%WoW), PAKT (+1.7%WoW), and UBL (+0.7%WoW), whereas, laggards were, MTL (-19.6%WoW), ATRL (-19.0%WoW), GATI (-18.5%WoW), TRG (-17.7%WoW), and ANL (-17.4%WoW). KARACHI: UNIDO-GEF in collaboration with PTA (S.Z) Environmental Society (ES) held an awareness seminar on Solid Waste Management for Korangi Leather Area. On the equity front, the Board of Directors of Adamjee Insurance Company Limited on Wednesday announced that its wholly-owned subsidiary company, Adamjee Life Assurance Company Limited, decided to list itself on the Pakistan Stock Exchange through Initial Public Offering. The CP will also consider the features of Programme for Country Partnership (PCP) for economic development, PCP is UNIDO’s innovative model for accelerating inclusive and sustainable industrial development in Member States. This was the lowest close level of the current year. SBP unveils 3 new major policy steps to improve RDA and... Sale of passenger cars grows by 31% YoY in February, Pakistan’s Forex Reserves Increase by USD 24.40 Million, The Executive Committee of the National Economic Council, Overall Mid-Year Fiscal indicators have shown encouraging results as considerable growth in net revenue and effective expenditure control measures have helped contain the, The assets of the Non-Banking and Financial Company. United Nations National communication and visibility expert. The company said it was the … Operating from offices in Karachi, Lahore, and Islamabad, the company provides comprehensive information on the Forex, Money Markets, Central bank, Economic indicators, Equities, Commodities and mutual fund market. March 14, 2021 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. March 14, 2021 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic and public policy. REEE project of UNIDO Pakistan has inception meeting with NSRP to support small and micro enterprises including women own business by providing them with efficient and reliable Renewable Energy solutions for productive uses. 3 billion to Rs. The government of Pakistan had expressed interest for strengthening cooperation with United Nations Industrial Development Organization (UNIDO) to promote Inclusive and sustainable Industrial Development in the Country. The draft of the five years Country Program Framework for Pakistan from year 2018 to 2022, highlighting its objectives to promote ISID in line with SDGs and Pakistan Vision 2025 will have a focus on (i) promoting industrial competitiveness and global trade; (ii) promoting resilient industrial infrastructure optimizing the benefit of the SEZs under the framework of CPEC; (iii) promoting green industry development; and (iv) strengthening partnership with local government and DFIs. Follow us in twitter. On the gas front, a senior official privy to petroleum sector developments said the government would finalize the new Liquefied Petroleum Gas (LPG) policy in consultation with all stakeholders aimed at streamlining the matters related to the commodity’s production, import, distribution, and marketing. nearly 4.47% percent lower than the closing of the previous week. Fifty years ago, the UN General Assembly created the United Nations Industrial Development Organisation, North Korea unresponsive to behind-the-scenes Biden administration outreach, Indian activist breaks silence on sedition arrest, says she felt 'violated', When Aishwarya Rai dispelled myths about desi culture on Oprah, India reports biggest daily jump in Covid-19 infections this year, ‘Anti-state narrative’: Govt reminds opposition of Altaf Hussain’s downfall. Published in The Express Tribune, December 28 h , 2017. Headquartered in Vienna, it was organized in 1966 and made a specialized UN a Setting up the first laboratory of its kind in the region for dioxin testing is another example of Unido’s work in Pakistan, he said. Japan and UNIDO to support Agro-Industry Development in Pakistan. LinkedIn. 7th Floor, Serena Office Complex, Khayaban-e-Suhrawardy, Sector G-5/1 P.O.Box 1051, Islamabad, Pakistan Fax: (92 51) 2600254-55 The project aims at promoting clean energy technology innovations and entrepreneurship in selected SMEs in Pakistan through the Cleantech innovation platform … UNIDO ITPO Italy's webinar organized in collaboration with CremonaFiere, with the goal of promoting investment opportunities and potential trade partnerships between Italy and Pakistan in the zootechnical and dairy sectors. Hub Power Holdings Limited, a wholly-owned subsidiary of The Hub Power Company Limited together with ENI’s local employees (in a 50:50 joint venture) executed definitive agreements to acquire all the upstream operations in Pakistan of Eni and renewable energy assets owned by Eni in Pakistan. UNIDO awards five Pakistani startups for fostering clean technology. UNIDO under GEF … Unless otherwise stated, all content is The Federal Board of Revenue (FBR) on Thursday, clarified news circulating on social media about a proposal to withdraw exemption available to income from exports of computer software or IT services or IT-enabled services. As we look back on our 50 years, there is no doubt that UNIDO is still as relevant as it was when it was created. Trading volumes improved by 12.0% WoW to average at 432Mn shares, similarly, average trading value increased by 6.2% WoW to clock-in at USD.137 million.
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