Pakistani, C hinese institutes sign MoU for joint research facility

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CORPORATE CORNER CPEC SET TO EMBRACE A BRIGHTER, MORE SPLENDID NEXT DECADE, SAYS CHINESE ENVOY

ISLAMABAD S TA F F R E P O R T

The Institute of Plant Protection, Chinese Academy of Agricultural Sciences (IPPCAAS) and the Department of Entomology at the University of Agriculture have signed an agreement in Beijing to establish the Pakistan-China Joint Research Facility for Trim Brother Administration ’ The ceremony took place at IPPCAAS The letter of intent was duly signed by IPPCAAS Executive Director Lu Yanhui and UAF Vice Chancellor Professor Dr Iqrar Ahmad Khan, as stated in an official statement issued here

As per the agreement both sides will establish the joint research facility to address the prevention and control of crop pests in Pakistan and China

This collaboration involves conducting tests, demonstrations, and joint research on integrated disease control strategies for common crop

Pakistan Sports Board gears up for 19th Asian Games

The Director General of PSB Mr Shoaib Khoso and the Secretary General of Pakistan Olympics Association (POA) Mr Mohammad Khalid Mahmood, discussed important matters in a meeting held at the Pakistan Sports Board The focus of this discussion was to ensure the seamless participation of the Pakistan contingent in the prestigious 19th Asian Games set to take place in Hangzhou China Around 305 athletes both male and female will be participating in the 19th Asian Games To support the talented athletes, the contingent has been thoughtfully divided into three groups The first group is receiving full support from the PSB, the second is partially supported by PSB, and the third group benefits from the backing of the POA This comprehensive approach aims to provide the best possible resources and assistance to our athletes as they represent our nation on this grand stage A noteworthy aspect of our contingent is the significant participation of women athletes, a source of immense pride for our country Their dedication and achievements inspire us all The Asian Games commencing on September 23 2023 will witness a strong representation from Team Pakistan PR

Mari

Petroleum announces

outstanding results for FY-2022-23

ailments

It also encompasses workforce training and exchange programs

Chaired by Tian Tooth, the Deputy Executive of the Division of Research and International Cooperation at the Institute of Plant Protection the meeting witnessed the presentation of the fundamental situation of UAF by its Vice Chancellor Professor Dr Iqrar Ahmad Khan Professor Dr Muhammad Jalal Arif emphasized Pakistan’s challenges with pest issues citing examples such as the impact of whiteflies on crops like cotton citrus and guava He also pointed out the risks posed by pests like fruit flies, pink bollworm, and whiteflies

OGRA holds interactive session with LPG industr y

Maintaining the upward performance trajectory of the previous years, Mari Petroleum Company Limited (MPCL) has announced excellent financial and operational results for FY 2022-23 Year on year, the Company’s net sales and net profit recorded impressive growth of 53% and 70% and stood at the historically highest levels of Rs 145 7 billion and Rs 56 1 billion respectively The net profit would have been Rs 64 7 billion without the provision of 10% super tax Growth in net profit was reflected in EPS, which also reached the historically highest level of Rs 420 75 per share from Rs 247 8 per share of the previous year MPCL Board of Directors has recommended final cash dividend of Rs 58 per share (580%) for approval of the shareholders in the upcoming AGM With this, the total dividend for FY 2022-23 will come to a Rs 147 per share (1,470%), also the highest in the Company’s history PR

Pakistan, Iraq sign convention for elimination of double taxation

Federal Board of Revenue initiated negotiations on the Convention for the Elimination of Double Taxation with respect to Taxes on Income and on Capital and the Prevention of Tax Evasion and Avoidance with the Republic of Iraq In this connection tax delegations of both the countries met at Islamabad for the first round of negotiations from 7-9 August 2023 After detailed deliberations a consensus was achieved and draft of the Convention was initialed by the respective heads of delegation on 9th August, 2023 at Islamabad PR

Mr Zain-Ul-Abideen Qureshi, Member (Oil), Oil and Gas Regulatory Authority, has convened an interactive session with LPG Industry and other stakeholders wherein the LPG Industry has pointed industry related issues regarding product supplies transportation distribution, pricing, licensing regime including safety

75 Development Leadership Award bestowed upon

c h I: Sindh Engro Coal Mining Company (SECMC), in collaboration with China Machinery Engineering Corporation (CMEC), was honored with the 75 Development Leadership Award for its exceptional contributions to the socio-economic development of Pakistan The award was presented to Mr Amir Iqbal CEO of SECMC by Prof Ahsan Iqbal, the Federal Minister for Planning, Development, and Special Initiatives, during a ceremony held at the Convention Centre in Islamabad PR