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Wednesday, May 16th, 2018

 

Mir Zafarullah Jamali Resigns From National Assembly

May 16, 2018 (DESPARDES/PKONWEB) — Former prime minister Mir Zafarullah Jamali on Wednesday announced his resignation from the National Assembly and will send his formal resignation in writing to the Speaker’s Office. Jamali, who hails from Balochistan’s Jaffarabad district told the National Assembly that if the prime minister and the opposition leader are not satisfied with the National Accountability Bureau (NAB) chairman’s performance then they should resign, as the NAB chief was appointed after their mutual consultation. Moreover, while speaking in the National Assembly, Jamali criticized the federal government forRead More


Foreign Direct Investment Increases Over 10-Month, With Inflow Of $2.8 Billion

May 16, 2018 (BE2C2) — Foreign Direct Investment (FDI) increased 2.4% in July-April, amounting to $2.24 billion from $2.18 billion in the same 10-month period the previous year. According to data released on Tuesday by the State Bank of Pakistan (SBP), the country witnessed an inflow of FDI amounting to $2.8 billion in the 10-month period, against an outflow of $565.8 million in the same period of the previous year. China continued to lead the pack in terms of net investment in Pakistan with a cumulative FDI of $1.414 billionRead More


Nepal Army Chief Calls on Gen. Bajwa, Discuss Regional Security Situation

Earlier in March, Prime Minister Khakan Abbasi paid a rare two-day visit to Khatmandu May 16, 2018 (DESPARDES/PKONWEB) — Nepal’s Army Chief, Gen Rajendra Chhetri called on Chief of Army Staff (COAS) General Qamar Javed Bajwa at GHQ in Rawalpindi on Wednesday. According to Inter Services Public Relations (ISPR), during the meeting matters of mutual interest including military to military relations, regional security situation and measures to improve bilateral relations were discussed. The visiting dignitary acknowledged and appreciated Pakistan Army’s sincere efforts and sacrifices in war against terrorism and forRead More


VIDEO: This Person Says “WE NEED ONE NARRATIVE” on All Major Issues

IRSHAD SALIM (May 16, 2018) — On May 3rd, I attended the World Freedom Day event organized by Karachi Media Club — its president Mubasher Mir and General Secretary Manzar Naqvi says it’s a media think-tank focused on Karachi as its ground zero and the whole country in its outreach program. However, with outer contours of its perspective touching every corner of the land, Mir says Karachi being a mini Pakistan because of its past, present and future ability to absorb huge economic immigration from upcountry of all cast, creed,Read More


UK ‘Prime Destination’ For Money Laundering From Pakistan: Report

Last year, the then Finance Minister Ishaq Dar had a figure of US$200Bln as a sum that Pakistani citizens have stashed away in the Swiss bank. An estimated 4 to 5 times this figure is speculated to be held as assets by Pakistanis abroad– both lawfully and through inappropriate means including lacuna in laws enacted from time-to-time since early 90s. May 16, 2018 (DESPARDES/PKONWEB) — The National Crime Agency (NCA) of UK has said the country remains a “prime destination” for money laundering from Russia, Nigeria and Pakistan. In itsRead More


2nd Book On Sikh Legacy in Pakistan Launched in Chicago

May 16, 2018 (DESPARDES/PKONWEB) — A book that tracks Sikhism’s cultural footprint in Pakistan was launched in Chicago at a ceremony at which Pakistani Consul General Faisal Niaz Tirmizi was the chief guest. Authored by Amardeep Singh, a Singapore national, the book “The Quest Continues: Lost Heritages The Sikh Legacy in Pakistan” also underlines the fact that peaceful co-existence enriches lives. This is Amardeep Singh’s second book about Sikh Legacy in Pakistan after he wrote Lost Heritage “ The Sikh Legacy in Pakistan, which was launched in June 2016 inRead More


Democracy As A Behavior Rather Than Politics Only

“The one who are more marginalized were presenting themselves more explicitly and the one who were not facing any identity threat were least participating.” MARIAM HASSAN NAQVI — In the midst of woods where two weathers were colliding to conquer the heat of summers, over the coldness of January but at the end winters won the race. While embracing the surprise visit of snowfall in the heated month of April, I thought about the fools of our history. The whole retreat by National Assembly of Pakistan in collaboration with PakistanRead More


Elections 2018: Imran Khan Forms Committee For South Punjab Province

May 16, 2018 (DESPARDES/PKONWEB) — Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Tuesday formed a committee pertaining to the formation of South Punjab province. The six-member committee headed by former prime minister Balakh Sher Mazari was formed after the approval of Imran Khan. PTI leaders Shah Mahmood Qureshi, Jahangir Tareen, Ishaq Khakwani, Khusro Bakhtiar and Tahir Bashir Cheema would be members of the committee. The committee will devise a plan for the formation of South Punjab province. The committee will finalize suggestions in 100 days and present it to theRead More


PPP Lawmakers Quit NA Body After it Summons NAB Chairman, PTI Lawmakers May Follow

A source in the PML-N claimed the two PPP lawmakers “have been coerced to resign from the committee because the party does not want to strengthen the writ of the parliament” at this stage. May 16, 2018 (DESPARDES/PKONWEB) — Two lawmakers belonging to Pakistan People’s Party (PPP) who are members of the National Assembly’s Standing Committee on Law and Justice, resigned on Tuesday from the committee after it summoned the National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal to explain initiation of an inquiry based on media reports thatRead More