Pakistan State Times English News Blog Wed, 19 Jul 2017 08:52:51 +0000 en-US hourly 1 Sri Lanka pull off record chase to beat Zimbabwe Wed, 19 Jul 2017 08:52:51 +0000 COLOMBO: Fighting half-centuries by Niroshan Dickwella and Asela Gunaratne sparked Sri Lanka to a record 388 target to beat Zimbabwe by four wickets Tuesday in a pulsating end to the one-off Test.

A crucial 121-run sixth-wicket stand between Gunaratne (80 not out) and Dickwella (81) secured Sri Lanka´s best-ever run chase in Colombo.

Sri Lanka´s previous best was against South Africa in 2006, when they achieved a 352-run target. The fourth innings total against Zimbabwe was also the highest in Asia and fifth highest in Tests. The win was a boost for new Test captain Dinesh Chandimal and eased Sri Lanka´s pain after a shock defeat in the one-day series against the minnows.

Zimbabwe skipper Graeme Cremer claimed four wickets with his leg-spin to return overall figures of 9-275 at the R. Premadasa Stadium.

Man of the match Gunaratne anchored the chase to perfection after Dickwella´s departure, putting on an unbeaten 67-run partnership with Dilruwan Perera (29 not out).

Gunaratne, who played most of the Test as a batsman after injuring his hamstring in the first innings, tackled the Zimbabwe spinners with ease during his 151-ball stay.

Wicketkeeper-batsman Dickwella rode his luck to reach 81 before being caught behind off left-arm spinner Sean Williams while attemping an audacious reverse sweep.

Dickwella first survived a stumping chance from Sikandar Raza´s off-spin on 37 and was then dropped by wicketkeeper Regis Chakabva on 63 to put the hosts on course for a win.


England beat South Africa to reach Women’s World Cup final Wed, 19 Jul 2017 08:51:09 +0000 BRISTOL: England booked its place for the Women`s World Cup after defeating South Africa by two wickets in a tensed finish on Monday.

Team England chased 219 runs in 49.4 overs.

English player Sara player received man of the match award for her innings of 54 runs off 76 runs.

” “It wasn’t the most enjoyable experience [to watch the closing stages from the dressing room], but we were out there and we knew we could still get through. What a great shot from Anya at the end, and great work from Jenny and Fran. They [South Africa] played so well, and to lose from that situation is heartbreaking. We’ve known that feeling before. The support we’ve had has been fantastic, and we just want to say thank you as a team. To get through to the final is amazing, and we couldn’t be prouder of each other,” she said in a post match interview.

Mignon du Preez scored 76 as South Africa set England a target of 219 to win their ICC Women´s World Cup semi-final on Tuesday.

South Africa captain Dane van Niekerk had won the toss and elected to bat first in the opening semi-final.

Meanwhile, Australia will play India in the second semi-final on Thursday.

England can book a place in the Women´s World Cup final if they beat South Africa as they go in search of a first major trophy in eight years.

The pair meet in the first semi-final at Bristol, a ground on which they played out a record-breaking encounter earlier in this tournament.–Agencies


Brazilian football coach arrives in Karachi to train young players Wed, 19 Jul 2017 08:47:54 +0000 KARACHI: Brazilian football Coach Romildo Sanchez arrived here on Tuesday on a 10-day visit to train young footballers and football coaches in Pakistan.

The US-based Brazilian has been invited by the Foundation United Soccer Academy, which works under the Foundation Public School.

Sanchez was greeted by a group of football coaches at the local hotel in Karachi before he spoke to media and vowed to help Pakistan find more talent in football.

“I believe Pakistan is on right path to become a power nation in soccer. In fact today when we were driving from the airport I saw people playing football on one side of the road and cricket on the other side. So, I understand that football is growing here,” he said while talking to media.

Sanchez, who is also the director of Players’ Club of Tampa Bay, said that watching footballers play on streets of Karachi reminded him of his days as a kid growing up in Brazil, where things were not too different.

“I grew up in Brazil playing on streets,” he said adding that those who grow up playing on streets become better players as they play the game without any fear. “It’s the development phase, the learning phase, on streets. You play without pressure, you play for fun on streets with smile on face,” he said.

“All they need to do is polish their talent,” he added.

During the 10-day tour, Sanchez will hold football coaching camps at different schools and will also supervise training sessions for local coaches along with sessions with special kids and street child football team.

“Mr Romildo is here to train our students and kids. He’ll also be conducting sessions with coaches and with special children and street kids. He’ll also go to Hyderabad and coach the Hyderabad football academy,” said Murad Hussain, an official of Foundation United Football Academy.–Agencies


Kiwi Bennett quits Tour de France Wed, 19 Jul 2017 08:47:37 +0000 ROMANS-SUR-ISÈRE: New Zealand’s George Bennett quit the Tour de France on Tuesday after getting into difficulty early on during the 16th stage.

The 27-year-old had been suffering from illness in recent days, his Lotto NL Jumbo team said.

He was quickly distanced by the peloton during a third category climb at the beginning of the 165km stage from Le Puy en Velay to Romans sur Isere.

His deficit quickly grew out to more than six minutes before he pulled out before even reaching halfway.

The Kiwi climber was 12th overall when he quit but had been as high as ninth at one stage last week.

His was the second abandonment of the day after former world champion Philippe Gilbert of Belgium pulled out before the stage started with gastroenteritis.


Bilawal announces educational aid for under-18 snooker champion Wed, 19 Jul 2017 08:47:20 +0000 KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto on Tuesday announced that he would bear educational expenses for the recently crowned under-18 snooker champion Naseem Akhtar.

Akhtar, who won the title of International Billiards and Snooker Federation (IBSF) Under-18 Snooker World Champion after beating China’s Peifan Lei in Beijing, had appealed to the prime minister for a scholarship upon his return to the country on Monday.

Prime Minister Nawaz Sharif is yet to announce a prize for the young champion, however, Akhtar’s appeal has been answered by the PPP chairman.

Pakistan Billiard and Snooker Association’s (PBSA) vice-president Jawed Karim has been assured of the scholarship and that a meeting between the under-18 world champion and PBSA officials has been set.–Agencies


ISLAMABAD: Finance Minister, Senator Ishaq Dar in a meeting with Kunio Mikuriya, Secretary General World Customs Organization. Wed, 19 Jul 2017 08:45:28 +0000

Govt taking measures to improve customs procedures: Dar Wed, 19 Jul 2017 08:43:56 +0000 ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar said Tuesday that comprehensive measures were being taken to improve and upgrade customs procedures in Pakistan in line with international standards.

The Minister was talking to Visiting Secretary General, World Customs Organization (WCO), Kunio Mikuriya who called on him here Tuesday.

Dar said that the government has also taken steps for the facilitation of cross-border and regional trade.

It was agreed during the meeting that greater cooperation and linkages would be developed between Pakistan and World Customs Organization.

Kunio Mikuriya said that the improvement in system of Customs under present government was very visible and impressive.

Mikuriya said that WCO would be happy to cooperate with Pakistan for further improvement in system of Customs.

Special Assistant to Prime Minister on Revenue, Haroon Akhtar Khan, Chairman Federal Board of Revenue (FBR), Tariq Mahmood Pasha, senior officials of Ministry of Finance were also present in the meeting.–APP

Gov’t increases PSDP allocations by 178% in 4 years Wed, 19 Jul 2017 08:42:33 +0000 ISLAMABAD: The current government during its 4 years’ incumbency, increased allocations for various sectors under Public Sector Development Programme (PSDP) by 178 per cent.

According to sources in ministry of Planning, the government has increased the PSDP allocations from Rs 360 billion in 2012-2013 to record high funding of Rs 1001 billion in 2017-18.

Similarly, development funds of all the provinces also rose to Rs 1,112 billion for the current fiscal year, whereas during 2012-13, the funds stood at only Rs 515 billion.

“The main driver behind sharp rise in PSDP and provincial development budgets has been the steady increase in revenues of the federal government via better tax collection”, the sources said adding that tax-to-GDP ratio has increased to 12.6 per cent for FY 2016 while in FY 2013, it was only 9.8 per cent.

Furthermore, the government has allocated Rs 411 billion for infrastructure development in the current year, however during 2012- 13, the allocation for this sector was only Rs 142 billion, thus showing an increase of 189 per cent during four years.

In higher education, the government has allocated Rs 35.662 billion under PSDP 2017-18 whereas back in 2012-13, the allocation for this sector was only Rs 15 billion.

Similarly, to materialise inclusive development in the country, significant funds are allocated for historically disadvantages places.

Under PSDP 2017-18, a development fund of Rs 22 billion has been set aside for Azad Jammu Kashmir (AJK) as compared to the allocation of Rs 10 billion in 2012-13 which is an increase of 120 per cent during four years.

Likewise, a sum of Rs 15 billion is allocated for Gilgit- Baltistan in this PSDP as compared to Rs 7 billion in 2012-13, thus showing an increase of 110 per cent.

The PSDP allocation of Federally Administered Tribal Areas (Fata) has been increased by 50 per cent during the corresponding period as it rose from Rs 16 billion in 2012-13 to Rs 24.5 billion in 2017-18. –APP


Shipping activity at Port Qasim Wed, 19 Jul 2017 08:42:08 +0000 KARACHI: Four ships C.V Prosper, C.V MSC Bruxelles, C.V MSC Albany and M.T Pacific Panama carrying containers and Furnace oil were allotted berths at Qasim International Container Terminal and FOTCO Oil Terminal respectively during last 24 hours, said a report  issued by Port Qasim Authority (PQA) here on Tuesday.

Meanwhile four more ships C.V New Ark, M.V Ruining, M.T Global Anker and M.T Tomson Gas carrying Containers, Coal, Palm oil and LPG also arrived at outer anchorage of Port Qasim during last 24 hours.

Berth occupancy was observed at forty four percent at the port on Monday where a total of seven ships namely.

, Prosper, MSC Bruxelles,

MSC Albany, Yang Ze Lo, Maran Gas Asclepius, Chemroad Echo and Pacific

Panama were occupied PQA berths to load/offload Containers, Canola

Seeds, LNG, Palm oil and Furnace oil respectively.

     Cargo throughput during last 24 hours stood at 123,856 tonnes,

comprising 110,271 tonnes import cargo and 13,585 tonnes export cargo

inclusive of containerized cargo carried in 3,655 containers TEUs)

2,940 imports TEUs and 715 TEUs exports) was handled at the port.

     Two Container ships Prosper and MSC Bruxelles sailed out to sea

on Tuesday morning, while two more ships Container Vessel MSC Albany

and Edible oil carrier Chemroad Echo are expected to sail on same day

at afternoon.

     A total of six ships C.V New Ark, C.V MSC Busan, C.V Maersk

Pittsburgh, M.V Ruining, M.T Tomson Gas and M.T Au Leo carrying

Containers, Coal, LPG and Palm oil are expected to take berths at

QICT, MW-2, SSGC and LCT respectively on Tuesday, while another ship

C.V MSC Bilbao is due to arrive at PQ on Wednesday.


Finance Committee to look into alleged BoP share manipulation issue Wed, 19 Jul 2017 08:39:44 +0000 ISLAMABAD: The Senate Committee on Finance, Revenue, Economic Affairs, Statistics and Privatization Tuesday decided to take up the issue of alleged planned manipulation and inside trading in Bank of Punjab during upcoming meeting, likely in the end of the month.

The meeting of the committee was chaired by Saleem Mandviwalla while  among others, the meting was attended by Senators, Ilyas Blour, Muhammad Mohsin Khan Leghari, Kamil Ali Agha, Saud Majeed and Azam Khan Swati, representatives from Finance Division, State Bank of Pakistan (SBP) and Federal Board of Revenue.

The shareholders of Bank of Punjab informed the committee that planned manipulation was made in the selling of shares, which had affected the share holders of BoP from all across the country.

The committee decided to hold a meeting on the issue. The meeting  would be attended by representatives of Security and Exchange Commission of Pakistan (SECP), State Bank of Pakistan (SBP), Bank of Punjab (boP) and share holders.

The purpose of the meeting is to reach to conclusion whether there has  been any such move in the bank as alleged by the shareholders.

SBP informed the committee insider trading issue could be dealt by  SECP in accordance with the relevant law.

Meanwhile, the committee withdrew a Private Member Bill to amend the  Financial Institutions (Recovery of Finance) Ordinance 2001 {The Financial Institutions (Recovery of Finances) (Amendment )Bill 2017} introduced by Senator Muhammad Azam Khan Swati.

The State Bank of Pakistan representative informed the committee that  the amendments had already been made in the bill in 2016.

The committee expressed displeasure that due to lack of coordination,  five meetings of the committee were held on the issue and nobody informed the committee that the amendment had already been made during 2016.

The committee deferred Private Member’s bill to further amend the  protection of Economic Reforms Act 1992 (The Protection of Economic Reforms) (Amendment) bill 2016 which was traduced by Senator Saleem Mandviwalla.

The committee decided that it would forward recommendations regarding  the bill to the Finance Division and when the finance Division introduces its own bill, the private bill would be withdrawn.

      On the occasion, FBR informed that it was investigating the issue of

gift arrangements by 2785 individuals thorough money laundering and assured the committee that it would share details with its soon.

      The committee was informed that AGPR would also be subjected to annual

audit as bill to this effect has been moved in the House.

      Mohsin Leghari suggested a formation of a committee to check whether

the agriculture credit was actually reaching to the deserving farmers or not.


ð 14:42/15:11/15:11

20170718  :  TAG = DBB  :  IBD No. = 127