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Pakistani PM announces incentive package to promote industrial sector

ISLAMABAD — Pakistani Prime Minister Imran Khan on Tuesday announced an incentive package to attract investment from local and expatriate business communities to strengthen Pakistan’s export-oriented industrial and manufacturing base.

Addressing businessmen and representatives of chambers of commerce and industry in the country’s eastern city of Lahore, Khan said that the policies are made to invite and incentivize overseas Pakistani entrepreneurs to invest in the industrial sector of Pakistan.

Besides, local businessmen in the joint venture will also enjoy five-year tax holiday, according to a statement issued by the Prime Minister’s Office.

The government is taking all these initiatives to promote export-oriented industries, which is vital for Pakistan’s socio-economic development and progress, he said, adding that these include measures to strengthen small and medium-sized enterprises and revival of sick industrial units.

“There was a need to attract 9 million overseas Pakistanis, which is a precious asset for the country, to invest in their homeland by incentivizing and giving them confidence in the protection of their hard-earned capital,” the prime minister added.

– Xinhua

Chef Santosh Shah’s book, Ayala, published in London

London – The BBC Masterchef rematch title winner Chef Santosh Shah has come up with a cook book called Ayala. The book published well known publisher from London, DK books, is a collection of recipes of Nepali foods.

 

Shah left his village in Sarlahi in south-eastern Nepal at the age of 14 to look for a job in India. After his father Sitaram Shah’s death he had to leave his village so that he could earn enough to look after his mother Sumari Devi Shah and his family.

 

Santosh has 3 brothers, Ramashish Shah, Devnarayan Shah, Shrinarayan Shah, Dilip Shah and sisters, Prem Jyoti Mahato and Tiliya Shah. After spending many years in Indian restaurants and gradually rising on the Chef ladder, he became a celebrity chef.

 

Shah started his culinary journey in the UK working at Dishoom, an Indian chain restaurant, and since then he has worked with Michelin-starred Atul Kochhar, at Kochhar’s restaurant, Benares, and was also the executive chef at The LaLit London. He is now the head chef at the famed Cinnamon Kitchen, also in London.

 

The book is available  online on Amazon and also on major book shops in the United Kingdom.

 

“It is my effort to introduce Nepali recipe in simplistic form to promote Nepali food worldwide,” Shah told Southasiatime.

Lawmakers in Nepal voted in favor of the US $500-million grant

Kathmandu — Nepal’s Parliament on Sunday approved a $500 million (€444 million) aid grant from the United States.

The government was able to convince enough lawmakers to approve the proposal following a brief debate, Speaker Agni Sapkota said. While the session was ongoing, protesters against the measure clashed with police outside the parliament building.

The grant was agreed in 2017 by the Millennium Challenge Corporation (MCC), a US aid agency, to provide funds for a new electricity transmission line and road improvement project.

The Nepalese government, which originally sought the grant, says the aid is critical for the socio-economic development of the country and will benefit 24 million of Nepal’s 30-million population.

The aid does not need to be repaid and Washington says it comes with no strings attached.

This is the best time to invest in Nepal:  CNI VP Dhakal 

London – Vice President of Confederation of Nepalese Industries (CNI), Hemraj Dhakal, said that Nepal is a suitable place for foreign investment despite some policy hurdles.

Addressing an interaction programme organised by Britain Nepal Chamber of Commerce (BNCC), Mr Dhakal, who is also Managing Director of the IME Group, appealed British businessmen to invest in Nepal saying  this is the best time to invest in Nepal.

‘Nepal is a virgin land for foreign investment,’ said Dhakal adding, ‘Where there is crisis and risk, there is an opportunity too. Political instability is not something that will last for a long time,’ he added.

Mr Dhakal said that he is  lobbying with the government to do away with the double taxation system and other practical hurdles for foreign investors. He said tourism, infrastructure, hydropower are major areas of investment in Nepal. He urged Nepali businessmen in the UK to support Nepal’s  prosperity by investing.

Speaking on the occasion, BNCC Vice President Biraj Bhatt and Honorary Chief Executive Richard Pelly said that the BNCC was working as a bridge between the two countries by encouraging British businessmen to invest in Nepal.

More than two dozen businessmen from the UK including Kul Acharya, Uttam Nepal, Kamal Poudel, Ravi Lamichhane and Yogen Chhetri participated in the event. Some businessmen inquired about the investment environment in Nepal along with the potential lucrative areas for investment.

Photo: Everest Gautam

 Coordinator of the program and BNCC Vice President Mr. Biraj Bhatt thanked all the participants stating that the discussion with the Director of Nepal’s Successful Business Group was useful for Nepali businessmen based in the UK.

South Korea: SK Bioscience to develop COVID-flu combo vaccine

Seul —  As ‘flurona,’ which means having both COVID-19 and influenza at the same time, is recently popping up in many countries, including Israel, Brazil, the U.S., Hungary, and Croatia, concerns on ‘twindemic’ have emerged.

Currently, the infection rate of the flurona is low, but the mortality rate is six times higher than uninfected people and 2.3 times higher than patients with only COVID-19. Korean medical experts have also warned the risk of twindemic, and are recommending taking influenza vaccination.

Accordingly, many global pharmaceutical companies are developing a combo vaccine that prevents s COVID-19 and the flu at the same time. In Korea, SK Bioscience has started developing the combo vaccine. SK Bioscience is aiming to conduct clinical trials of the combo vaccine within the end of this year.

It is planning to develop the combo vaccine based on technology of its flu vaccine ‘Sky Cell Flu’ and COVID-19 vaccine, which is under development with the aim of obtaining approval in the first half of the year. SK is currently developing the combo vaccine as a synthetic antigen vaccine that combines flu and COVID-19 antigens.

In the global market, the U.S. Moderna is planning to release a combo vaccine that prevents COVID-19, flu, and RSV (respiratory syncytial virus) as early as the fall of 2023. (ANI/Global Economic)

Pakistan confirms 1,232 new COVID-19 cases

Islamabad — Pakistan confirmed 1,232 new COVID-19 cases over the last 24 hours, the National Command and Operation Center (NCOC) said on Wednesday.

The NCOC, a department leading the nation’s campaign against the pandemic, said the country’s number of confirmed cases has increased to 1,503,873 while 1,409,515 out of them have recovered.

The country’s daily COVID-19 death toll witnessed a hike again after several days of decline as 43 people succumbed to the virus on Tuesday, taking the total number of coronavirus deaths to 30,096, said the NCOC statistics.

The active cases dropped to 64,262 after 3,154 patients recovered on Tuesday. There are 1,230 patients in critical condition and being treated at intensive care units in different hospitals of the country.

Pakistan’s southern Sindh province is the most-affected region of the country in terms of the number of cases with 565,319 infections, followed by the eastern Punjab province, which has reported 499,768 cases so far. ( Xinhua)

Chinese-owned capital management firm launched in Bangladesh

Dhaka — A Chinese-owned capital management firm, CBC Capital & Equity Management Ltd., was launched in Dhaka on Tuesday, offering a new platform for Chinese enterprises to enter the Bangladeshi capital market.

Chinese Ambassador to Bangladesh Li Jiming said the launching of this new firm creates a capital management platform dedicated to providing merchant banking services to Chinese and other foreign investors in Bangladesh.

“It will play a vital role in boosting the confidence of foreign investment to Bangladesh and contributing to the development of the country’s capital market,” he said.

Noting that the rapidly developing Bangladeshi economy is an attractive investment destination for Chinese investors, the ambassador said he hoped the two countries will build a win-win partnership through capital and equity management cooperation.

Bangladeshi Ambassador to China Mahbub Uz Zaman congratulated on the establishment of the company and said Bangladesh posted an impressive GDP growth of 6.94 percent in the 2020-21 fiscal year despite the COVID-19 pandemic.

The China-proposed Belt and Road Initiative has been one of the components for meeting Bangladesh’s investment needs, including filling up the infrastructure gaps, he said.

The new capital management firm will focus on corporate finance, mergers and acquisitions advisory, sales and trading of stocks, asset management and investment research.

  • Xinhua

Hillingdon Hospital to celebrate “Nepal Day”

London — Hillingdon Hospital, London has announced to celebrate “Nepal Day” on the 25th of February. The head of diversity and inclusion in Hillandon Hospital, Danny Karysninoz has informed regarding the event.

People from 78 countries are currently working in various positions in the hospital. The ‘Hillingdon Hospital Nepali Group’ working at Hillingdon Hospital is working to support the program.

The group includes Rasmita Singh Darlami, who is the manager of the hospital’s jersey ward, Mani Tamang, who works in the emergency room, Anjana Gurung and other Nepalis.

According to Darlami, audio-visuals covering various tourist destinations reflecting the geography and history of Nepal will be displayed during the event. Apart from this, pictures of Nepali art, music and other beautiful places and Nepali art will be exhibited at the hospital’s venue to celebrate “Nepal Day”. There are about 150 Nepalis working in the hospital.

Imperial begins South Asia search for women scientists in climate and energy

London — Imperial is launching new academic fellowships in climate and energy for women scientists from South Asia.

The academic fellowships are part of the College’s Transition to Zero Pollution initiative and are funded by the British Council Scholarships for Women in STEM.

The Fellowships will enable researchers to take up a visiting research placement for six to 12 months at Imperial in one of the following institutes or departments:

There are four fully-funded placements available to recent PhD graduates from Bangladesh, India, Nepal, Pakistan or Sri Lanka, who would otherwise not have the financial resources to study in London.

The Fellowships have been created with the aim to help address the under-representation of women in STEM.  Applicants will be required to demonstrate how they would inspire future generations of women to pursue a career in STEM.

Transition to Zero Pollution is a pioneering programme in research, education and innovation to help society realise a sustainable zero pollution future.

The project will inspire fundamental changes in areas such as the way materials are used in manufacturing, how we produce food and energy, and will help mitigate the impact of air pollution on people’s health.

Professor Mary Ryan, Interim Vice-Provost (Research and Enterprise) and lead of Imperial’s Transition to Zero Pollution, said: “Global pollution, climate change and sustainable energy are some of the biggest challenges facing society.

“To solve these global issues we need diverse teams of people working together that can bring new and fresh ideas, yet women have been underrepresented in science and engineering for many years.

“These Fellowships will enable talented women scientists from South Asia to develop their research and innovations here in London as we strive towards a zero-pollution society.”

Find out more and apply for the Fellowships

International aid alone will not prevent Afghan crisis: Geneva Call

KABUL: Asserting that the humanitarian situation in Afghanistan is dire, Geneva Call, an independent humanitarian organization, has warned that if funds do not reach Kabul soon, poverty and misery will increase in this country.

In an exclusive interview with TOLOnews, head of the organization (Geneva Call), General Alain Deletroz, said that humanitarian aid alone will not prevent the crisis in Afghanistan and that the country’s economy needed to become healthier as more money was provided.

“As a humanitarian organization we avoid commenting on political issues, but what we keep saying and telling our donors, if there is no money coming to Afghanistan at all, the humanitarian situation will be increasing…” said Mr Deletroz Concerns over the deterioration of the economic situation in Afghanistan have been heightened by the recent decision of Biden about the Afghanistan assets which are in US banks.

Meanwhile, the Wall Street Journal said in a report that Biden’s executive order to distribute USD 7 billion of Afghan assets to the families of 9/11 victims is another blow to the country’s declining economy.

“The Biden administration’s decision to effectively seize the Afghan central bank’s foreign reserves is likely to deepen Afghanistan’s already devastating economic crisis, according to Afghan bankers and economists and international aid workers,” the report reads.

After the Taliban takeover of Kabul, world aid to Afghanistan halted, and the imposition of sanctions on the Islamic Emirate has put the country on the brink of a complete economic collapse. (ANI)

Stakeholders demand govt to implement apex court order to ensure voting rights of Nepalis living abroad

Kathmandu — The implementation of the apex court order to make necessary arrangements to ensure voting rights to Nepalis living abroad is less likely to be implemented largely due to dilly-dallying on the part of the government. The government officials argue that it is not feasible for implementation.

The stakeholders, however, have maintained that it is feasible to implement the Supreme Court order. They have also demanded the government to ensure speedy implementation of the apex court order.

At a virtual policy dialogue series organized by Nepal Policy Institute (NPI) on Sunday, the stakeholders said that it is not difficult to ensure franchise rights for Nepali immigrants if available technology is used.

“No matter where they live, those having Nepali identity should be provided with voting rights. The Election Commission has already undertaken a study in this regard”, said former Chief Election Commissioner Nilakantha Uprety.

He further said, “The apex court has issued an order to this effect, but no further action has been taken to ensure its implementation.” Uprety argued that Nepali people residing outside the country can be included in voters’ roll in coordination with the Election Commission and Ministry of Foreign Affairs.

“Image and biometrics are taken while issuing passports. These records are collected also in the course of providing voters’ ID cards”, he further said, adding, “The Election Commission can obtain these informations from the Foreign Ministry”.

Associate Dean of Kathmandu University School of Management Prof Dr Achyut Wagle said franchise rights would continue to remain until and unless citizens voluntarily renounce their passport and citizenship cards.

“There have been political manipulations on the data of Nepali people residing abroad. It is stated that over four million people are residing outside which is a grave issue. This will adversely affect the management,” Dr Wagle noted.

“There is no source to support the data that four million Nepali people are living abroad”, he commented.

“Remittance has substantially contributed to the national economy by maintaining macroeconomic stability. It has also provided support in enhancing access to nutrition and primary education, and also expanding urbanization. So, those making such contributions should in no way be deprived of franchise rights,” said senior advocate Dinesh Tripathi.

He further said the state has no option but to implement the apex court order. “It may be noted that the apex court had issued an order to arrange voting rights for the Nepali people residing abroad some four years ago. The Constitution has also not imposed any discrimination among the citizens. Now, we are in a technology-enabled world which does not distinguish any borders. With the use of technology, voting arrangements can be made easily,” he further said.

“The State is only required to show political will for the management. There is a need to make broader advocacy at a higher level for this,” Tripathi added.

NPI Chairman Khagendra Dhakal also stressed the need to immediately enforce the apex court order in favor of Nepali immigrants who have contributed immensely to the national economy.

“The Philippines, Mexico and Indonesia have already granted voting rights to its citizens residing outside the country.  We should also take this reference,” he asserted.

Human rights advocate, Saru Joshi, who also moderated the event, also underscored the need to pile up pressure on the political parties to get franchise rights materialized for immigrants.

(RSS)

Afghanistan receives 64 mln USD in recent humanitarian cash aid

Kabul — Afghanistan has received 64 million U.S. dollars recently in humanitarian cash assistance, the country’s central bank said Monday.

“Following a series of humanitarian aid to Afghanistan, today, Feb. 14, the 14th shipment of humanitarian aid of 32 million U.S. dollars reached Afghanistan and delivered to the Afghanistan International Bank (AIB),” Da Afghanistan Bank (DAB) wrote on Twitter.

On Sunday, the DAB also received 32 million U.S. dollars in assistance and delivered the cash to AIB, the bank said.

“The DAB while appreciating the humanitarian assistance of the international community, calls for more cooperation in this field,” it said.

The war-torn Asian country had received more than 345 million U.S. dollars in cash assistance since the Taliban’s takeover of Afghanistan in mid-August last year, according to figures issued by the bank.

Following the Taliban’s takeover Afghanistan, the United States froze more than 9 billion U.S. dollars of assets of the Afghan central bank.  (Xinhua )

Pakistan’s Punjab province unable to pay salaries of health workers, medics stage protests, block highway in Multan

Pakistan, ANI — Lady health workers in Pakistan’s Punjab province blocked the Multan-Muzaffargarh Highway demanding their pending salaries and protested against the government’s plan to dismiss 6,000 employees from jobs who had been rendering services for the last 15 years, reported The News International.
The employees were working under the Punjab Primary and Secondary Healthcare Department in the maternal and child healthcare program of IRMNCH, said the Pakistani publication.
The employees, recruited by the Punjab province in the remote backward areas, reportedly provide services under extremely difficult conditions and settled in the ruins and deserted centres in the forests, these employees have not received their salaries for the last eight months.

Covid-19: Pharmaceutical companies’ failure on equal vaccine access contributed to human rights catastrophe in 2021

Kathmandu —  Despite urgent calls to ensure the equal distribution of Covid-19 vaccines in 2021, pharmaceutical
companies tragically failed to rise to the challenge of a once-in-a-century global health and human rights crisis.

Instead, they monopolized technology, blocked and lobbied against the sharing of intellectual property, charged high prices for vaccines and prioritized supplies to wealthy countries, said Amnesty International today in a new assessment of the leading Covid-19 vaccine developers.

Ten billion doses of Covid-19 vaccines were produced last year, more than enough to reach the 40% target of global vaccination set by the World Health Organization (WHO) for the end of 2021.

Yet Money calls the shots: Pharma’s response to the Covid-19 vaccines crisis – an update on Amnesty International’s September 2021 report ‘A double dose of inequality: Pharma companies and the Covid-19 vaccines crisis’ – reveals that just over 4% of those living in low-income countries had been fully vaccinated by the end of last year.

“More than 1.2 billion people in low and lower-middle-income countries could have been vaccinated by the end of 2021 if high-income countries and vaccine makers took their human rights obligations and responsibilities to heart,” said Rajat Khosla, Amnesty International’s Senior Director of Research, Advocacy and Policy.

“While high income countries hoarded vaccines, callously choking supply to poorer parts of the world, pharma companies played a pivotal role in this unfolding human rights catastrophe – leaving those most in need to cope on their own. These companies could have been the heroes of 2021. Instead, they turned their back on those who needed vaccines the most and just continued with business as usual, putting profits before people. If we want 2022 to be the last year of this pandemic, we need to shift course now to reach the 70% WHO-target by July of this year.”

In 2021, Pfizer, BioNTech and Moderna projected revenues of up to US$54 billion, yet supplied less than 2% of their vaccines to low-income countries. Chinese companies Sinovac and Sinopharm delivered just 0.4% and 1.5% respectively of their vaccines to low-income countries. Johnson & Johnson’s and AstraZeneca’s records on distribution were better – with 50% of their stock reaching low and lower-middle-income countries (with many of these doses provided as “donations” from upper-income countries, not as part of sales agreements).

However, both companies still refuse to share their technology and intellectual property through World Health
Organization-coordinated initiatives and are now abandoning their not-for-profit pricing model.

“Despite billions in public funding, these companies are continuing to put their own greed before their human rights responsibilities. It’s deeply concerning that profits are being prioritized over people – even in the face of more than 5.6 million people dead from Covid-19 to date. How many more variants do we have to live through before high-income countries and pharmaceutical companies realize that those in low-income countries must have access to vaccines – not just those living in rich ones?” said Rajat Khosla.

Further findings provided by Airfinity, a science and analytics company, up to 31 December 2021, include:
• AstraZeneca produced just under 2.4 billion vaccine doses in 2021 and supplied 1.7% of these to low-income countries and 70% to lower-middle income countries, an increase on the previous assessment.

• Johnson & Johnson produced just over 300 million doses in 2021 and delivered 20% of these to low-income countries and 31% to lower-middle income countries, a significant increase on the previous assessment.

• Moderna produced 673 million doses in 2021 and delivered 2% of these to low-income countries and 23.5% to lower-middle income countries, a significant increase on the previous assessment, but still short of what is required.

• Pfizer/BioNTech produced 2.4 billion doses in 2021 and delivered 1% of these to low income countries and 14% to lower-middle income countries, a slight increase on the previous assessment, but well below Amnesty International’s 50% target.

• Sinopharm produced just over 2.2 billion doses in 2021, most of which were supplied domestically within China. The company delivered 1.5% of its doses to low-income countries and 24% to lower-middle income countries, short of what is required for a fair distribution of its vaccines.

• Sinovac produced over 2.4 billion doses in 2021, most of which were supplied domestically within China. It delivered 0.4% of its doses to low-income countries and 20.5% to lower middle income countries.

Amnesty’s report also shows how these companies don’t share their intellectual property, knowledge and technology, putting in place obstacles to fair vaccine access, as well as actively lobbying against the relaxation of intellectual property rights.

“The fight for equitable vaccines is far from over,” said Rajat Khosla. “We will continue to call on pharmaceutical companies to prioritize delivery to low-income countries in order to meet the WHO’s target of 70% global vaccination before mid-2022. Everyone deserves a fair shot at a vaccine and as we enter our third year of the pandemic, it’s time that indeed everyone, living anywhere in this world, has immediate access.”

Amnesty International is also calling on companies to share intellectual property by issuing open and non-exclusive licences or participating in the Covid-19 Technology Access Pool (C-TAP), established to support the sharing of open and non-exclusive licences, publicly disclose all terms and conditions, and price vaccine doses so profit does not stand in the way of access to Covid-19 vaccines.

“Investors have also played a huge role in this global crisis. Their lack of meaningful action shows that while Covid-19 unleashed unimaginable suffering on millions around the world, they thrived, but did nothing to ensure their investments did not result in human rights harm on account of the profit-driven approach taken by pharmaceutical companies,” said Rajat Khosla. “We’re calling on investors to face up to their actions immediately and use their considerable leverage to pressure pharmaceutical companies to lift obstacles to fair access to vaccines, as well
as promote accountability and transparency.”

Do you cook – it is not all about good food, it is more than that

Dr Nirmal Kandel (@kandelnirmal)

I do not remember when I first started cooking. My mother says that I used to cook when she was not well, and my father was either busy or on duty travel since my childhood. However, I remember cooking when I was in high school to support my mother. I am not an exception, and I am sure many did it. Many of us cooked regular meals as we did not have common practices of going out for food. Eating Momo and Samosa in local shops after watching movies or shopping, Dal Bhat in highway restaurants like those in Mugling and some fast food after the arrival of Nirula’s were the few occasional opportunities to eat out in the past. Continue reading “Do you cook – it is not all about good food, it is more than that”