Australia Pitch 2-0 Victory against Pakistan in 3rd Hockey Test

AUSTRALIA 2 (1)

Jeremy Hayward 19 (PC)

Trent Mitton 37 (PC)

PAKISTAN 0 (0)

Darwin (Cliff News)It was a drenched team of Australia that left the pitch with a 2 – 0 victory over Pakistan in game three of the four game test at the Darwin International Hockey Open tonight.The first quarter went by with both teams pushing hard to get on the score board, but the weather hindered their opportunities. Nineteen minutes into the game and Jeremy Hayward scored a penalty corner goal, getting the Australia on the board just before the players had to abandon the pitch due to the weather.The game pushed on five minutes later, and as the teams went into half time the score remained at 1 – nil to Australia.Coming back from the half time break the rain eased, giving both sides more opportunity to gain goals. It was Trent Mitton who came through with the goods, scoring a penalty corner to take the score to AUS 2 – 0 PAK.Both sides had only a few chances to increase their score as the clock wound down, but at the end of the day the weather slowed the game down and neither side could convert, giving the Australia their third win of the series.Australia head coach Colin Batch said: “We’ve played in extreme heat this series, and tonight it wasn’t cold but they were very wet conditions which was quite difficult for the players; but we have to cope with those conditions –  and by and large I think we did.“It was a very low scoring game with not many chances on both sides, we had just the three corners and they had a couple. I think a feature of our game tonight was our defending and our tackling, which was really, really good.“We’re still experimenting with our line up and learning a lot. I think at this stage of our campaign it’s good to experience that in an international match against a team as good as Pakistan, and to learn from it. I’d still like to see us create more opportunity; they were few and far between tonight.”

 

Lucky Cement Wins HSE Award 2017

Karachi(Cliff News)Lucky Cement Limited (psx: LUCK) won the Health, Safety and Environment Award in the category of “The Responsibility for Health and Safety,” at the 2017 International Environment, Health & Safety Awards Gala. The ceremony was held at a local hotel Karachi in association with the 3rd International Summit on Environment, Health, Safety & Security.The award ceremony was organized by The Professionals Network (TPN) and supported by the Fire Protection Agency of Pakistan (FPAP) to encourage the health, safety and environment best practices amongst organizations in Pakistan. The HSE Awards are held annually and are open to companies in the corporate, private, non-profit and public sectors. Speaking of the occasion, Mr. Amin Ganny – Chief Operating Officer of Lucky Cement said, “Lucky Cement is committed to cultivating an environment that ensures HSE is embedded at its core. By fortifying its HSE goals with the pillars of perpetual progress, the company is in pursuit of a 100% safe & secure workplace for its employees & all stakeholders engaged in its business operations.”He further added that, “We follow a comprehensive Environmental Management and Monitoring Plan. The management strongly believes in following environmentally sustainable practices regarding the management of gaseous emissions, particulate matter, noise levels, effluents (sewage) and solid waste.”Sustainable development forms a significant part in Lucky Cement’s business strategies and is one of the key factors that have led the company towards progress and growth. Earlier this year, Lucky Cement won the Management Association of Pakistan’s top 32nd corporate excellence award for 2016, and also received the 6th CSR Award for its Waste Management & Recycling policies at the 9th Corporate Social Responsibility (CSR) Summit, organized by National Forum for Environment and Health. The company also won another award for its Stakeholder & Employee Engagement efforts at the 6thCorporate Social Responsibility Summit & Awards ceremony, organized by The Professionals Network.Lucky Cement Limited (LCL) is the flagship company of the Yunus Brothers Group, which has a solid history of exceptional growth performance since its inception in 1993. LCL is one of the largest producers and leading exporters of quality cement in Pakistan, with a domestic production capacity of 7.75 million tons per annum. The Company is listed on the Pakistan and London stock exchange.LCL’s manufacturing plants are strategically located in Northern and Southern regions of the country and is the only cement company to have its own loose cement export terminal at Karachi port with storage capacity of 24,000 tons.Lucky Cement is an ISO 9001:2008 and 14001:2004 certified company and possesses many other international certifications including Bureau of Indian Standards, Sri Lankan Standard Institute, Standards Organization of Nigeria, Kenya Bureau of Standards and South African Bureau of Standards.

Premier Monster Shakes and Choclate Destination “Cafe Liquiteria”Newly arrive in Karachi

Reviewed by Syed Qalb-e-Muhammad

Cafe Liquiteria is Premier Monster Shakes and Chocolate Destination that is Newly arrive in Karachi.The Healthy and Energized New Drink Revolution of Monster Shakes is give you lot of Energy Specially in Hot Weather.Ice Cream and others Milk Shakes of Cafe Liquiteria with its Beautiful Serving Styles awards your Taste with the Latest Fad.The Five Flavours Monster Shakes Brownie Monster,Chocolate Lara,Creamy Strawberry,Doughunt,Nutella Mix and Cookie Freaky attracts a Milk Shakes Drinks Lovers.The others Fancy Goodies are Choclate Sizzlers,Lollipops and Mocktails.Warmth Welcoming Environment to the Compact Accommodate 22 Persons at the Same Time.You can go and Enjoy Cafe Liquiteria along with your Family,Friends and Colleagues with assurance of one of the Best Cafe in Town.

 

Pakistan take Benefit from Belgian Expertise in Food Processing,Envoy

Karachi(Cliff News)Ambassador of Belgium Frederick Verheyden has said that Belgian Companies can assist Pakistani Business and Industrial community in numerous sectors of the economy, particularly the food processing and pharmaceutical sectors in which Pakistan can benefit from Belgian expertise.Speaking at the inauguration of Belgian Companies’ Catalogue Exhibition at Karachi Chamber of Commerce and Industry on Thursday, the Ambassador added that some Belgian companies were successfully doing business in Pakistan, of which a Belgian pharmaceutical company was doing good business. Plenty of opportunities were also available in other sectors for Belgian businessmen and investors particularly in Karachi city, he added.President KCCI Shamim Ahmed Firpo, Senior Vice President KCCI Asif Nisar, Vice President KCCI Muhammad Younus Soomro, Trade Commissioner of Belgian Embassy Abid Husain and KCCI Managing Committee members were also present on the occasion.Frederick Verheyden further said that Pakistan-Belgian trade and economic ties have been gradually improving and were likely to exceed further in future.Terming Karachi as ‘a vibrant city’, Belgian Ambassador said that this was an important city which offers ample opportunities to Belgian investors who were keen to enhance trade and investment in this region.He underscored the need to identify more areas for cooperation and also introduce more tradable items to enhance mutual trade volume.Commenting on Belgian Companies Catalogue Exhibition which displayed more than 100 catalogues of industrial equipment, alternate energy, solar energy, chemicals, food stuff and agriculture sectors etc., the Envoy said that this was the best way to introduce the diverse Belgian businesses as they don’t need to come all the way to Pakistan to introduce their products and services. “It is encouraging to see that this exhibition has triggered a lot of attention at KCCI”, said Frederick Verheyden.To a query regarding Pakistan’s business climate and government policies, Belgian Ambassador said that Pakistani government was working hard to deal with corruption and has also been taking steps for ease of doing business. “I hope this continues as it will improve the business climate here”, he added.Earlier, President KCCI Shamim Ahmed Firpo, in his welcome address, said that Karachi, being the economic and financial hub of Pakistan, offers profitable investment opportunities and added facilities for investment and joint ventures to the Business and Industrial community of Belgium. “KCCI is keen to strengthen trade ties and explore new bilateral trade prospects with Belgium”, he said, “We believe Pakistan’s improved relations and enhanced trade with the business and industrial community of Belgium would surely help in dealing with the economic crisis and ensure prosperity for both the countries.”Commenting on existing trade ties between Pakistan and Belgium, Shamim Firpo said both countries have been enjoying cordial and healthy bilateral relations and it was really heartening that Pakistan and Belgium have agreed to boost bilateral trade and investment relations. “During Fiscal Year 2016, Pakistan exported goods worth $359 million whereas the imports from Belgium amounted to $237 million. Although the trade balance is in favor of Pakistan, but it has descended which needs special attention and a more aggressive strategy from both sides”, he added.He also underscored the need to intensify trade and investment promotional activities not only in Pakistan but also in Belgium. There is a need to reinvigorate the mechanism of Joint Commission and encourage close contacts between the private sectors .President KCCI informed the Belgian Ambassador that Karachi Chamber was planning to send a high-powered delegation to Belgium in the month of July 2017 in order to explore opportunities of enhancing trade and improve interactions between the business communities of the two countries. He sought Belgian Ambassador’s support and cooperation to make the proposed delegation’s visit successful.

KCCI_BELGIANEXHIBITIONKCCI_CREST

President Karachi Chamber of Commerce and Industry (KCCI) Shamim Ahmed Firpo presenting chamber’s crest to Ambassador of Belgium Frédéric Verheyden at the inauguration of Belgian Companies’ Catalogues Exhibition Belgian Companies’ Catalogues Exhibition organized by KCCI in collaboration with the Economic & Commercial Representation Embassy of Belgium on Thursday at KCCI.

KPT Resolved Port Congestion Surcharge withdrawn by the Shipping Lines

Karachi (Cliff News)Pakistan International Freight Forwarders Association (PIFFA) and Federation of Pakistan Chambers of Commerce & Industries intimated that Shipping Lines have planned to impose Port Congestion Surcharge on import consignments arriving at Karachi Port’s private terminals (KICT & PICT).To review the ground realities a meeting was convened at KPT Head Office on 29th March, 2017 involving all stake-holders to include; Shipping Lines, Customs, Shipping Association and other relevant agencies, wherein it was ratified that presently there is no congestion at Karachi Port and its terminals i.e. KICT and PICT. The port users and shipping lines conceded to the justification put forwarded by KPT officials and showed their complete satisfaction to the fact that KPT has enough space to accommodate their containers in case of any overflow. Consequently, it was unanimously resolved that Port Congestion Surcharge will be withdrawn by the shipping lines immediately. It was also agreed to hold such like co-ordination meetings involving shipping lines and terminal operators more frequently to obviate occurrence of such issues in future.

CPEC gets 1st Ever Jolt,Pakistan Railways Shelves Billion Dollar Track Acess Project

Karachi (Cliff News)The Sindh High Court (SHC) has granted stay against Pakistan Railways for scrapping a multi-billion rupees project with a private firm under (Public Private Partnership) programme for which the Ministry of Finance had estimated an income of Rs196 generated through the agreement. The sources said that the red-tapism prevails in the Pakistan Railways has resulted in unfortunate climax. This could be the first ever jolt to the most ambitious project of CPEC as the track access agreement could have been benefited to Chinese oriented projects and logistics support and cargo movements.The company M/s Fast Track Silverlink Ltd was granted a Track Access Project agreement in May 2013. The project was launched on the basis of Finance, Own, Operate and Maintain (FOOM) basis. Which clearly points that it does NOT require any investment by the railways. As per that Agreement the company was awarded the right to invest on its fleet of locomotives, freight wagons and run its own freight trains on the tracks of Pakistan Railways through PPP-Public Private Partnership basis.Through this and other contracts of Track Access Pakistan Railways can earn billions of Rs in yearly revenues. According to estimate developed by Ministry of Finance the project will generate Rs 196 billion for PR and this project is set to transform the railways industry in the country with best international practices.The project revolves around opening the railway access for private parties in freight sector which is extremely high demand sector due to increase in freight volume of the country. Currently PR is not equipped and unable to meet the growing demand of for freight due to obsolete rolling stock, mismanagement and lack in commercial and operational management, as a result of this PR share country freight market is less that 2% which means that more than 98% of freight is being transported by trucks in the country, through this project of great national importance, PR with the help of Ministry of Finance were to encourage the private sector to come forward and invest in Locomotives, Rolling Stock. The involvement of private sector basically will result in increasing railways share in freight business and will help railways to generate billions of Rs without investing millions of Dollars into locomotives and freight wagons procurement.The model revolves around the concept of paying TRACK ACCESS Charges to railways on gross per ton basis.
The private party will also bear all operational costs including Oil, maintenance and human resources.
The private party will also invest in developing loading and unloading terminals at the designated places and railways can earn good amount by providing land at suitable places to private parties for this purpose.The increase in freight trains by the private parties will result in providing the following benefits for the country:Estimated Revenue of around Rs 198 billion for Pakistan Railways Complete investment from the private sector and commercial expertise to generate extra revenues for PR
NO fuel cost for PR (Biggest cost element of PR  will be taken care of by the private sector)NO Maintenance Cost for PR (Maintenance cost will be private sector responsibility)NO Human Resource Cost of PR (As private sector will invest into it)
Use of Idle Capacity of Railways tracks
Employment opportunities for PR ex staff as well as private sector to accommodate experts from different fields
Reduction in road congestion which will reduce wear and tear of road segment
Reduction in transport cost for trade and industry The project comprises greater benefits for PR in specific and to the trade and industry and the country in general eanring billions of Rs for PR and saving billions for the country
For the above the parties (Private Sector and Pakistan Railways) signed an Agreement in May 2013 as per which Railways had to form a  Project Management Office (PMO) as a first step to start executing and govern the project
The private party made substantial investment towards the execution of the project which includes selection of locomotives and other Rolling stocks, feasibility studies, financial institutions involvement for the financing of the project and many others.
PR completely failed to form a PMO to start the project while on the other hand the private party kept on following up with PR to fulfill its obligations and execute the project.Not only PR failed to notify PMO office, it also did not provide any specification of locomotives to the private party and did not cooperate with the private parties at all. Result of all of these delays is substantial losses to PR on YOY basis as well as to the national exchequer. ⦁ After not receiving any response from PR for the execution of the Track Access Project, the private party (Fast Track Silverlink) filed a petition in Sindh High Court in Feb 2017 asking for its interference to ask PR to implement the project and save the valid Track Access Contract from any possible cancellation from PR.The quantum of communication, written letters and reminders, from the private party, clearly mentions the seriousness and willingness of the private sector to invest into Railways through Track Access Project .Despite substantial investment of time and money on part of the private party, PR is yet to act positively. The petition will come up for hearing on a date in office as SHC has instructed the Pak Railways to submit its reply.