Summit for Young ENT Residents at DUHSKARACHI: The Vice Chancellor of Dow

University of Health Sciences Prof.

Mohammed Saeed Quraishy said that the

University encourages medical research

and financial resources are also provided

for this purpose. Research requires a large

sum of money, in this regard, Dow alum-

ni along with the government is playing

an important role, says a Press release.

Saeed Quraishy said the Dow

University faculty has announced signifi-

cant progress in the operation of the

eardrum in which the eardrum is being

operated by endoscopy. Twelve opera-

tions have been carried out free of cost in

the ENT of the Civil Hospital, through

endoscopy of the eardrum. He was speak-

ing at the "Summit for Young ENT

Residents" in collaboration with Dr. K.M

Ruth Pfau Civil Hospital Karachi

Department of ENT and Pakistan Society

of Otorhinolaryngology at the Arag

Auditorium of Dow University of Health

Sciences.

In addition to the conference, the guest

of honor was the Vice Chancellor of

Jinnah Sindh Medical University

Professor Tariq Rafi, Principal of Dow

Medical College Professor Amjad Siraj

Memon, Chairperson of "Summit for

Young ENT Residents" Professor Shuja

Farrukh, Secretary Summit Prof Dr. Atif

Hafeez Siddiqui, senior professor Iqbal

Khayani also spoke on the occasion while

Pro Vice Chancellor of Dow University

Prof. Zarnaz Wahid, Vice Principal of

Dow Medical College Dr. Shumaila

Khalid, Head of Department ENT Jinnah

Sindh Medical University Prof. Sameer

Qureshi, Senior ENT Experts from all

Teaching Universities along with a large

number of students attended the Summit.

Prof. Muhammad Saeed Qureshy said

that it was a pleasure to hold this Summit

for young ENT doctors. The conference

will inspire young doctors to explore and,

in turn, help them develop their profes-

sional skills and overcome their weak-

nesses. He said that during the last years

in developed countries, the communica-

tion skills of the public sector doctors of

Pakistan have been questioned. But after

observing the 20 selected young doctors

presenting their papers, it seems that no

one in the future will dare talk about our

young doctors' communication skills. He

congratulated the ENT sector on holding

this Young Doctors Summit and wished

all the best in future. He added that other

departments should also organize similar

programs to enhance the capabilities of

young doctors.

Speaking on the occasion, Vice

Chancellor of Jinnah Sindh Medical

University Prof. Syed Mohammad Tariq

Rafi said that we are proud to hold the

Young Doctors Summit in Karachi. The

program will also encourage young doc-

tors to read, learn and increase their

knowledge as most of the young genera-

tion can be seen staying away from read-

ing books and getting themselves used to

multimedia. Today's Summit is attended

by ENT doctors from all the medical col-

leges across Karachi. This is the first con-

ference of its kind in which young doctors

have provided the opportunity to present

their research papers to seniors. It will

help to promote the culture of research in

Pakistan and monthly meetings will cer-

tainly play a vital role in this regard.

Speaking on the occasion, Principal of

Dow Medical College Professor Amjad

Siraj Memon said that holding a Young

ENT Summit at Dow Medical College

was an honor. While speaking to the audi-

ence, Summit Chairperson Prof. Shuja

Farrukh said that there are excellent ENT

doctors and surgeons in the civil hospital

and we want this capability to be trans-

mitted to our young doctors. Pakistan

ENT Society has been organizing various

programs throughout the country since

1981, this is the first such summit which

is organized for our young doctors.

Young doctors from Aga Khan

University, Zia-ud-Din, Hamdard

Medical University, Jinnah Sindh

Medical University, Liaquat National

Medical College, Lyari Medical College

and Dow University of Health See#11 Page7

KARACHI: Prof. Iqbal Khiyani handing over a prize to Dr. Hazeefa Moeez

who presented a research papers at the summit for Young ENT Residents held

here at Dow University of Health Sciences.

Wednesday, January 15, 2020NATIONAL

KARACHI: Pakistan's First &Largest Asset ManagementCompany National InvestmentTrust Limited (NITL) has selectedWorld-Check from Refinitiv to sup-port its compliance effectiveness inline with the provisions of theSecurities and ExchangeCommission of Pakistan's (SECP)Anti-Money Laundering (AML)and Combating FinancingTerrorism Regulatory Framework,says a Press release.

Refinitiv's World-Check RiskIntelligence is used by regulatedcompanies to help screen for finan-cial crime risks as part of their anti-money laundering compliance pro-grammes. Refinitiv's World-Check

Risk Intelligence database deliversaccurate and reliable data that assistclients' in their decision-makingprocesses. It employs hundreds ofspecialist research analysts acrossthe globe, who adhere to stringentresearch guidelines when collatinginformation from reliable sources -such as watch lists, governmentrecords, and reputable media publi-cations.

"This step marks another mile-stone for NIT's vision to ensureeffective compliance in line withthe SECP AML & CombatingFinancing Terrorism RegulatoryFramework. We are committed tofighting financial crime and will beleveraging our robust technology

infrastructure to achieve our com-pliance vision as we scale our busi-ness in a sustainable and responsi-ble manner," said, Adnan Afridi,Managing Director, NIT.

"We're pleased to have been cho-sen by NIT as it moves towardsestablishing a solid compliance pro-gram. KYC screening is now a crit-ical process in mitigating financialcrime and regulators are placingsignificant attentions in this areaacross their policy making agenda.We believe this partnership willhelp NIT take a further step inmeeting their regulatory require-ments in Pakistan and beyond," saidNadim Najjar, Managing Director,Middle East and Africa, Refinitiv.

NITL selects Refinitiv's

World-Check so as to

combat financial crime

KARACHI: The Financial Analyst Ateeq Ur Rehmanwhile thanking the State Bank of Pakistan has said thatRefinancing Facility for Modernization of SMEs Mark-up rate under the SBP scheme is up to 6.0 percent (2 per-cent SBP refinance rate and 4 percent banks' spread) butthe Commercial Banks are reluctant to lend to SMEs thatis the financial management or supply chain financing ofSMEs are totally neglected despite Central Bank's effortto redirect the focus of SME development in a greaterextent, says a Press release.

Ateeq Said that SMEs of Pakistan are still under creditconstraints under this Roller Coaster Economy simplybecause of the challenges and unavailable oppor-tunities for access to finance. Further, the riskmitigation policy reveals that SME NPLs (non-performing loans) has been reduced to less than 4percent and its role has been vibrant as "drivers ofgrowth", still the preference is missing under thefinancing policies of the authorities.

He said Pakistan's SME sector which con-tributes 40% to the GDP, constitutes 90% of theenterprises, employs 80% non-agricultural work-er and contributes 25% to the exports has beenneglected and ignored by previous governments.SMEs are the back bone of our economy and arefacing major challenges specially the highest util-ity charges, hike in interest rate, complicated andhigher rate of taxation, collateral and governmentpolicies.

Further, in such high interest rate environmentit is unlikely that SMEs sector can trigger expan-sion or increase investment. The lackluster per-formance in overall economic sector reflected theoverall economic slowdown in the ongoing fiscalyear. It is so difficult to understand as to why, thissector is missing from the financial infrastructureof Pakistan only on supplication of doubtfulfinances including non-performing loans in thepast and has resulted in erosion of equity.

Pakistan's economic downturn has indeed exac-erbated these problems. Growing cost of doing

business and high cost of production has attributed toPakistani SME Difficulties. Due to hike in cost of import-ed raw material and Rupee depreciation against USDcoupled with additional custom duty from 4% to 11% andadditional sales tax , all these extra cost are being aloneborn by SMEs and they are continuously absorbing theselosses on their balance sheets.

Absence of finance has frustrated the development ofthis vital segment of the economy. It still remains finan-cially excluded. Ateeq said Support to SME is eminentfor the Job Growth, alleviating poverty and BolsteringEconomic Growth.

Bolstering economic growth

support to SMEs is eminent

Factories dumpuntreatedindustrialwaste in

Keenjhar Lake

KARACHI: Industrial wastefrom the factories ofNooriabad and Kotri indus-trial areas pose serious threatto Keenjhar Lake - the mainsource of water supply toKarachi.

Toxic waste and pollutedwater used by factories beingdumped into the KeenjharLake without proper treat-ment since a long time now,sources said.

Around 61 industrial unitsoperational in two industrialzones, have not a single treat-ment plant to treat the indus-trial waste, according to localsources.

The industrial waste ofNooriabad, which has beenstored in the Kallu KhuharDam near Nooriabad, oftenflows downstream intoKeenjhar when the waterlevel rises in the dam, localpeople said.

The effluents from theKotri-based industries alsodumped into the lake throughthe Kalri Baghar Feeder. Thewaste from Kotri industriesflows into the Keenjhar Lakethroughout the year, whileeffluents from Nooriabadentered in the lake by theyearly torrential gush.

It is to be pointed out thatanother major cause pollut-ing the lake water is thewaste dumped by tourists andvisitors to the site as it is amajor picnic point for peoplebut it lacks proper manage-ment.

"Several thousand peoplefrom Karachi visit theKeenjhar lake weekly," alocal official said. - NNI

FPCCI urges

to provide

gas to new

industriesKARACHI: Mian AnjumNisar, President and SheikhSultan Rehman, VicePresident of the Federation ofPakistan Chambers ofCommerce & Industry(FPCCI) urged theGovernment of Pakistan toprovide gas connection to newindustrial units as well asuninterrupted supply

of gas to existing industriesin order to meet export targets.

They in a statement issuedin Karachi strongly criticizedthe stoppage of gas to industri-al estates of Karachi by SuiSouthern Gas Company Ltd,resulting in serious loss of pro-ductivity. This in turn leads tofailure in meeting exportorders on time and financiallosses to exporters as theyhave to ship by air to meet thedeadlines. They expressedtheir displeasure that industri-alists of Karachi had to resortto sit-ins on this issue.

They underscored the needto provide basic amenities likewater, power and gas so thatindustrialists can focus theirattention on increasing pro-ductivity and meeting exporttargets rather than protestingon the streets. They urged thegovernment to wholeheartedlysupport the industry which isfacing a very hostile environ-ment and fighting for survival."Failure to supply uninterrupt-ed gas will lead to further clo-sure of industry resulting inincreased unemployment andserious.

Raza KazmiISLAMABAD: Allama Iqbal OpenUniversity (AIOU) will open its first-phase of admissions for the SemesterSpring, 2020 from Wednesday January15, across the country.

According to Director AdmissionsMuhammad Riaz, academic programsbeing offered in the first-phase includeMatric, F.A. MS/M.Ph, PhD and BS(face-to-face).

Contrary to previous practice, theAIOU now holds admissions for eachsemester in two phases. Second phasewill begin from March one, throughwhich applications will be invited forMaster, B.Ed (Associate degree) andteachers' training programs.

The two-phase admission's plan madethe process more efficient and facilitat-ed for the aspiring students. It is alsoaimed at streamlining the academic ses-sions for timely mailing of books andconducting examination. It also facili-

tates the designated Banks that receivethe

admission forms.The applications for the admissions of

Matric, FA programs will be receivedtill February 20, while admission formsfor the MS/M.Phil/PhD/BS (face-to-face) will be received till February 14.

As per new schedule, admissions ofBA/BS/B.Ed/MA and M.Sc programswill take place from March 1 and wouldbe continued till April 15.

The AIOU will help the interested stu-dents to apply for the admissions throughOnline. Vice Chancellor Professor Dr.Zia-Ul-Qayyum has advised theUniversity's Regional offices to set upspecial Counters with computer andinternet facilities for helping the studentsin the admission process.

The University will set up Prospectus'ssale points here at the University's maincampus as well as regional and coordi-nating offices throughout the country.

AIOU admissions' first

phase begins today

KARACHI: The Honorable Chief

Minister Sindh and Patron of IBA, Syed

Murad Ali Shah has appointed Dr. S.

Akbar Zaidi as the Executive Director,

Institute of Business Administration

(IBA), Karachi for four years as per a

notification issued by the Universities

and Boards Department, Government of

Sindh.

Dr. Zaidi is a renowned academic and

political economist with over 35 years

of teaching and research experience in

Pakistan and abroad. He has served as a

faculty member in renowned institu-

tions across the globe, including

Columbia University, Johns Hopkins,

IBA, Karachi and the University of

Karachi. He is a political economist

with interests in political economy,

development, the social sciences more

generally, and increasingly, history.

He has written over 75 academic arti-

cles in international journals and as

chapters in books. Amongst his books,

are: Military, Civil Society and

Democratization in Pakistan (2011),

The New Development Paradigm:

Papers on Institutions, NGOs, Gender

and Local Government (1999), and

Pakistan's Economic and Social

Development: The Domestic, Regional

and

Global Context (2004). His recent

books include Issues in Pakistan's

Economy: A Political Economy

Perspective published by Oxford

University Press in 2015, and a co-edit-

ed volume entitled New Perspectives on

Pakistan's Political Economy: State,

Class and Social Change, published by

Cambridge University Press in April

2019.

Dr. Zaidi holds PhD and MPhil

degrees in History and Economics from

University of Cambridge, an MSc in

Social Planning in Developing

Countries from the London School of

Economics and Political Science, and a

BSc in Economics from University

College London.

Dr. Zaidi is the 10th head of the

Institution replacing Dr. Farrukh Iqbal,

who served the Institute for more than 3

years. - NNI

Dr. Akbar Zaidi appointed

Executive Director, IBA

KARACHI: Muttahida QaumiMovement-Pakistan leader FaisalSabzwari has on Tuesday ruled outany consideration to join Sindh cabi-net by MQM-P.

Talking to a private televisionchannel, Faisal Sabzwari said MQM-P tried to work in coalition with thePPP government after 18th amend-ment.

MQM-P can join back the federalcabinet, if country's situation wasimproved, else can decide to sit onthe opposition benches as well,Sabzwari said.

Replying to a question, the MQM-P leader said party convener KhalidMaqbool Siddiqui informed FederalLaw Minister Farogh Naseem afterhis decision to step back from thepost of the federal minister.

"Farogh Naseem was chosen as lawminister by PM Khan himself."

Faisal Sabzwari said FederalMinister for Planning, Development

and Reforms Asad Umar in his meet-ing with the party leaders onMonday (yesterday), had said that hewant to resolve MQM-P's reserva-tions.

A delegation led by Asad Umarheld a meeting with MuttahidaQaumi Movement-Pakistan (MQM-P) leaders at the party's temporaryheadquarters in Bahadurabad toassuage their reservations.

The meeting had took place a dayafter MQM-P convener KhalidMaqbool Siddiqui announced hisresignation as federal minister forInformation Technology.

Speaking at a post-meeting pressconference, convener Siddiqui haddownplayed talks saying it was ascheduled meeting. He reiterated hisparty would continue with its coop-eration with the PTI government.

Asad Umar had said KhalidMaqbool didn't retract his decisionto quit the federal cabinet. - NNI

Not considering joining

PPP govt, says Faisal

KARACHI: Dua being offered on the occasion of sending two containers of rice as a relief for Syrianrefugees by Khubaib Foundation.