Posts Tagged ‘Karachi City’

Pakistan State Oil holds its 39th Annual General MeetingPakistan Pakistan State Oil Company Limited, the oil market leader in Pakistan, held its 39th Annual General Meeting (AGM) at a local hotel in Karachi. The meeting was chaired by Mr. Sheikh Imran UlHaque, Managing Director and CEO of PSO. Present at the meeting were Mr. YacoobSuttar, CFO; Ms. Ayesha Afzal, Company Secretary and other members of the PSO senior management.
While summarizing the company’s performance in FY 2015, Mr. Sheikh Imran UlHaque shed light on the challenges faced by the Company and how its profitability was adversely affected by the sharp decline of 46% in the OPEC basket price of crude oil from USD 109 per barrel in July 2014 to USD 59 per barrel in June 2015. He also gave the shareholders a brief overview of Pakistan’s economic indicators in FY15 as well as the petroleum consumption pattern in the country, PSO’s product-wise market share and the competitive landscape of the oil market.
Speaking at the occasion, Mr. Sheikh Imran UlHaque said that PSO is an iconic institution of Pakistan and the number of people we touch every day is extraordinary. He also said that by utilizing its well-established storage and supply infrastructure and wide-spread retail network, PSO has ensured that the wheels of the nation’s economy continue to move forward.Sharing the way forward for the company, MD PSO said that PSO is striving to ensure ethical and transparent operations in all spheres of its business;retain market leadership in all key products; undertake diversification into alternate fuels like Liquefied Natural Gas (LNG) and integration into refining business through acquisition of additional stake in Pakistan Refinery Limited.
During the course of the AGM, the shareholders approved the company’s financial statements along with a final cash dividend of Rs. 4 per share (equivalent to 40%) in addition to the earlier interim cash dividends of Rs. 6 per share (equivalent to 60%). The total cash dividend for FY15 stood at Rs. 10 per share in comparison to a dividend of Rs. 8 per share in FY14.
While appreciating the efforts of the company’s management the shareholders expressed concerns over the rising circular debt of the company as well as the absence of a Board of Management of the company. Concluding the meeting, Mr. Sheikh Imran UlHaquethanked the shareholders for attending the AGM and expressed gratitude for their valuable guidance to the company. Acknowledging the value of points raised and suggestions made by the shareholders, the PSO management assured the shareholders that the company will follow the best corporate practices to maximize returns for all stakeholders including the shareholders and the country.

Doctors, Showbiz Unite to fight against a Skin Disease for the 1st time

The group of prominent doctors and show biz personalities have organized an evening of science and art coming together to spread awareness about a debilitating skin condition known as Urticaria in collaboration with Novartis Pharma Pakistan recently. The presentation had the presence of people from different walks of life including showbiz galaxy, renowned dermatologists across the country, eminent celebrities, social organizations and media personnel. Secretary Information Sindh, Dr Zulfiqar Shalwani was the chief guest while Salma Kausar-Senior Medical Director of KMC, Country President Novartis Shahab Rizvi also graced the occasion. The event aspires to help improve patients’ quality of life via dispersing an understanding of Urticaria through live performances and expert discussion. The live performances, beautifully choreographed to highlight the effects Urticaria has on social and professional lives of the victims, entailed a piece by Joshinder Chabbria, a real doctor patient interaction, and a theatrical ramp show lead by famous Model & Socialist Nadia Hussain. Each segment elaborates various aspects of a typical Urticaria patient’s ordeal. Chronic Spontaneous Urticaria (CSU) is a severe form of skin allergy prevalent in Pakistan, which may affect anyone at any time.

It was highlighted that the effects of CSU are more than skin deep. Alongside the distressing physical symptoms, CSU can be a great psychological, social& economic burden.CSU’s spontaneous nature may leave people living in isolation due to fear of unpredictable outbreaks.The highly interactive expert forum included discussions exploring the issues pertaining to Urticaria.Highly respectable dermatologists namely Dr. Shahid Abbas, Dr. Azer Rashid, Dr. Iqbal Tareen, Dr. Pervez Iqbal, Dr. Badar Dhannani , Dr. J I Bhatti, Dr. Afzal Lodhi, Dr.Hatim Ali Shah, Dr. Faisal Khilji, Dr.Sharf Ali Shah, Dr. Atif Kazmi, Dr. Saeed Haneef, Dr.Azeem Jahangeer , Dr. Haseeb Sajjad, Dr. Ijaz, Dr.Uzair Qureshi, Dr. Tariq Zaman, Dr. GM Cheema, Dr.Najia Ashraf,among others shared their valuable insights. The 1st ever patient group – The ‘U within Association’, also attended the event with innovative activities to promote public awareness about urticaria. The evening’s finale was a great song dedicated to the Urticaria patients by the very famous Music Icon Natasha Baig and Pakistan Idol runner-up Sajid Khan. An interactive Q&A session all about Urticaria was also arranged in which eminent dermatologists shared their insights. The evening’s finale was a great song dedicated to the Urticaria patients by Natasha Baig and Sajid Khan.

The event was well-attended by the people from different walks of life including famous film and TV artists, renowned doctors, well known social and health workers besides social organizations and media personnel. Mr. Zulfiqar Shilwani – Information Secretary Sindh and Dr. Salma Kausar – Senior Medical Director KMC participated as the guests of honour on the occasion. Mr. Shahab Rizvi – Country President Novartis welcomed the guests to the show.

Headquartered in Basel (Switzerland), Novartis has core businesses in pharmaceuticals, vaccines, consumer health, generics, eye care and animal health. The company employs nearly 115,000 people in over 140 countries worldwide to help save lives and improve the quality of life. The Group is present in Pakistan through Novartis Pakistan Limited.

The Dolmen Shopping Festival over the past few years has earned the reputation of bringing tremendous bargains to Karachites, at least twice a year. Being in full swing since December 20, 2014 this time it was real crowd puller and brought in throngs of people to the three Dolmen Mall locations in Karachi, Clifton, Tariq Road and Hyderi. The Festival has over 50 brand partners and 100 participating outlets, offering delightful bargains and discounts to shoppers.

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This year the festival started with a candle vigil at laying of flower wreaths and remembrance notes for the 141 martyrs of the Army Public School Peshawar. The management of Dolmen Mall dedicated the entire festival to the children of Pakistan.

Among many attractions of #DSFKHI were a fashion fusion show and a theater play and artwork display by the students of Indus Valley School Of Art & Architecture, Karachi. An amazing feature was a life size game of monopoly where shoppers could spend Rs.5000 at the Dolmen Mall & enjoy a game of Monopoly.

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A first of its kind feature of this shoppers’ bonanza was a bloggers’ meet-up-cum-digital treasure hunt. Around 40 bloggers and online influencers were briefed spontaneously at ‘Barrista Lavazza’ about the time barred treasure hunt race, that led to a crazy trip of the Dolmen Mall Clifton by way of completing  9 simple tasks and posting selfies at the completion of each. Some of the fun activities included playing the ‘Raging Ape’ at Sindbad and tweeting a picture doing same and posting selfies from the Instagram booth.  The winner of the Treasure Hunt, blogger Umair Mirza won an ‘HP Elitepad’ as the first prize.

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Main crowd puller however still proved to be bargain sales, gift hampers, shopping vouchers and an opportunity to win exciting prizes at the end of the festival. Due to popular demand the festival has now been extended till Friday, January 9, 2015, which will also be the day of the grand lucky draw. So hop on to the nearest Dolmen Mall and shop till you drop 😉

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Photo courtesy: Adil Awan @aurdil and Arsalan Muhammad Khan @amk

Commissioner Office To Build 200 Public Toilets in KarachiThe commissioner office has planned to build 200 public toilets in the government offices. According to a news source, the commissioner office has taken this initiative on orders of the Sindh High Court.

Commissioner Shoaib Ahmed Siddiqui told reporters that the public toilets would be built at different locations in the city and old toilets would be revamped. The news source reported further that the Karachi Water & Sewerage Board and K-Electric would provide free of cost water and electricity to the public toilets.

Brian Heath, US Consul General in Karachi

Brian Heath, US Consul General in Karachi

Brian Heath assumed charge as the U.S. Consul General in Karachi on August 20, 2014. A career member of the Senior Foreign Service, Mr. Heath most recently served as the Minister-Counselor for Management Affairs at the U.S. Mission to the United Nations in New York.

Since joining the Foreign Service in 1998, Mr. Heath’s overseas assignments have included Director of the U.S. Regional Embassy Office in Al Hillah, Iraq; Consul General at the U.S. Consulate in Lahore, Pakistan; Management Officer at the U.S. Consulate General in Karachi, Pakistan; General Services and Human Resources officers at the U.S. Embassy in Berlin, Germany; and Consular Officer at the U.S. Consulate General in Mumbai (Bombay), India.

In the course of several assignments in Washington, DC, Mr. Heath has studied at the National War College; worked as a Senior Advisor in the Under Secretary of State for Management’s Office of Management Policy; and served as a Special Assistant to the Assistant Secretary of State for Administration. Mr. Heath is the recipient of multiple Department of State Superior and Meritorious honor awards.

Mr. Heath graduated from Fordham University with a Bachelor’s degree in political economics, earned a law degree from Rutgers University, and received his Master’s degree in national security studies from the National War College. He is a member of the New Jersey and New York State bars.

BIEK Results: More women eligible to apply to medical colleges this year

The pre-medical college results announced on Monday by the Board of Intermediate Education, Karachi (BIEK), reasserted the alarming trend of growing gender disparity in the healthcare professions. This year, only 1,603 male students will be eligible to apply to medical colleges as compared to 9,203 females this year.

According to the results announced by the education board’s examinations controller, Imran Khan Chishti, a total of 19,902 students sat for the pre-medical exams, of which nearly 75% were girls. Those who managed to pass the exams were 10,833, or 54%. However, this percentage was skewed in favour of the girls since 58% of them passed the exams as compared to merely 40% of the boys. Nearly seven per cent of all students got through with A-1 grades, 16% with As, 15% with Bs, 12% with Cs and four per cent with D grades.

BIEK chairperson Anwar Ahmed Zai, while talking to The Express Tribune, expressed his concerns over the increasing ratio of girls getting into pre-medical education as compared to boys.  “This gender disparity persists even when these students join healthcare facilities after studying medicine from universities,” said Prof Ahmed Zai. “The situation will pose serious issues for the country’s healthcare system in the next few years.”

Meanwhile, the statistics issued by the Pakistan Medical Association corroborate the concerns posed by Prof Ahmed Zai. Around three quarters of the female students of medicine abandon the field right after graduating or after marriage.

 Journalist Kamran Khan Joins as President and Editor-in-Chief, BOL Media GroupBOL, Pakistan’s mew media group, has welcomed on-board globally acclaimed journalist Kamran Khan as the group’s President and Editor-in-Chief. This is a major milestone for BOL which has meticulously acquired a dream-team of highly experienced professionals with decades of experience to their credit.

Mr. Kamran Khan is one of the most respected, experienced and celebrated professionals of Pakistani journalism with unparalleled fan following in Pakistan and abroad. His experience with more than 3000 fantastic investigative news stories and around 3000 daily news and current affairs shows make Mr. Kamran Khan, in many ways, Pakistan’s most distinguished journalist with global recognition.

His legendary daily news and current affairs show “Aaj Kamran Khan Kay Saath (AKKKS)” gained incomparable heights in viewer ship, ratings and above all, in credibility. From The New York Times to Gallup surveys in Pakistan, viewers found AKKKS as most watched and most credible news and current affairs show in Pakistan. Before that, his 25 years in print journalism had earned Mr. Kamran Khan a celebrity status as Pakistan’s most famous investigative journalist.

Mr. Kamran Khan’s decision to join BOL is a momentous honor and privilege for BOL. His candid journalistic style and high professional standards symbolize the ideals of modern journalism and have brought him well-deserved international acclaim. He has been known to leave a trail of leaders in his wake and BOLwalas stand to benefit immensely from his diverse expertise.

“We are at the brink of revolutionizing the country’s media industry,” said Mr. Kamran Khan, while commenting on his decision to join BOL. “This will herald the beginning of not just a better and stronger media industry but also a new Pakistan.”

BOL has been launched by Axact, world’s leading IT company, with the objective of revolutionizing the country’s media industry. The industry has been incredibly supportive and welcoming with a number of leading media professionals joining BOL to help realize the channel’s long-term vision and to spread the message of SEDAxact.

BOL senior leadership, including Chairman and CEO Shoaib Ahmed Shaikh, are immensely delighted to welcome Mr. Kamran Khan to the fold. “We have promised Pakistan a revolution and we do not default on our promises,” said Mr. Shoaib Shaikh, adding that Mr. Kamran Khan’s decision to join BOL represents the beginning of the revolution. (PR)

Anti Encroachments squad of KMC took action in Shanti Nagar and removed many encroachments including jhuggi hotels, patharas, sugarcane juice machine and push carts during an operation in the presence of police and rangers. The operation was supervised by the Director Anti Encroachments Mazhar Khan along with the Assistant Commissioner East Mushtaq Shaikh and other officers. On this occasion he said Pak Navy offices were also located in this area and the maintenance of traffic flow on surrounding roads was affected due to the presence of encroachments and illegally expanded pavement alongside the main road. These encroachments were creating hurdles and other problems for citizens and it was necessary to take action against these encroachments. He said the ongoing campaign against encroachments was going on successfully in the city under the directive of Administrator Karachi Rauf Akhtar Farooqui in which the district administration and citizens have also cooperated.

Anti Encroachments squad of KMC took action in Shanti Nagar and removed many encroachments including jhuggi hotels, patharas, sugarcane juice machine and push carts during an operation in the presence of police and rangers. The operation was supervised by the Director Anti Encroachments Mazhar Khan along with the Assistant Commissioner East Mushtaq Shaikh and other officers. On this occasion he said Pak Navy offices were also located in this area and the maintenance of traffic flow on surrounding roads was affected due to the presence of encroachments and illegally expanded pavement alongside the main road.

These encroachments were creating hurdles and other problems for citizens and it was necessary to take action against these encroachments. He said the ongoing campaign against encroachments was going on successfully in the city under the directive of Administrator Karachi Rauf Akhtar Farooqui in which the district administration and citizens have also cooperated.

SBP holds police responsible for disappearance of prize bonds while being transported from Lahore to KarachiThe State Bank of Pakistan (SBP) Tuesday hinted that the police were responsible for the disappearance of thousands of prize bonds on May 8 while being transported from Lahore to this metropolis.

Quoting the Federal Treasury Rules, the SBP said the Lahore remitting office was to hand over the treasure to the police escort.

“It moves in their custody till it is received at the Karachi destination office,” said the bank in a statement issued Tuesday.

The bank clarified that some 20,000 missing pieces of prize bond forms of Rs 1,500 bearing serial numbers AW070001 to AW090000 were missing.

A consignment of un-stamped prize bond forms was dispatched by SBP Lahore Office for receipt at the State Bank’s office here via 16 Down Karachi Express, it said.

“The train departure from Lahore was delayed by approximately 12 hours and reached Karachi Cantt behind the schedule,” added the bank.

It said that the brake railway car carrying the treasure was unlocked at Karachi in the presence of all concerned including police escort and to their dismay they found one box out of the 10 was missing.

On further investigation, it transpired that one of the panels of the brake railway car was found to be tampered and broken into.

The SBP has issued ‘Stop Payment’ instruction to all SBP BSC Offices, commercial banks and Central Directorate of National Savings (CDNS), in respect of the missing un-stamped prize bond forms.

Moreover, CDNS has been requested to notify withdrawal of above serial numbers from circulation with immediate effect through the Finance Division, Ministry of Finance, by issuing gazette notification in exercise of the powers conferred by Rule 4(1&2) of the Prize Bond Rules 1999, the bank said.

abbasi_shaheed_hospital_kaarchiDr Nadeem Rajput, Medical Superintendent of Abbasi Shaheed Hospital and five other doctors were suspended on Thursday on negligence of duty, which led to the death of a patient.
According to details 35-year Shakil Ahmad was admitted to the hospital for treatment of appendix. He was not attended properly and resulted in his death. Relatives and friends of the patient while protesting broke furniture and tortured some members of the hospital staff.

“An inquiry has been initiated,” said Karachi Administrator Rauf Akhtar Farooqui. “This is the first time that a patient has died due to negligence of the doctors and the people responded by attacking the hospital.” He added that such occurences were unacceptable.

According to Farooqui, Medical Superintendent Dr Nadeem Rajput and other doctors had reached the hospital when the staff made phone calls to them. He said that a committee will submit its report about the incident while a charge-sheet will be also be issued to those who were responsible.