Corporate Ambassador focuses on the coverage of issues relating to corporate sector, economy, finance, stock markets, diplomatic events/interviews, showbiz, art, culture, organised crimes and politics.
My second book “Debt Bomb” is in the process of completion and it will be launched very soon. It will be the digital book in this digital era and people can access it online anywhere from the world. My first book “Who Bankrupted Pakistan?” was published in April 2001.
The new book highlights the economic achievements, failures, and challenges ahead for Pakistan, its leaders, and the people.
First currency notes of Pakistan
ISLAMABAD: Co-chairman of PPP Asif Ali Zardari is expected to become President of Pakistan, once again, as PML-N supremo Nawaz Sharif today floated the idea of forming a PDM-like government because N-League is unable to form the next government without the support of the political parties.
In Thursday’s general elections, the PTI-backed independent candidates stunned the nation by winning around 100 seats while the PML-N emerged as the single largest political party. After independent candidates, PML-N is believed to win about 90 seats of the National Assembly.
Notably, PTI was not allowed to contest polls as the ECP rejected its intra-party polls and withheld its bat symbol, and PTI leaders contested elections as independent candidates with their stunning performance that surprised everyone in the country and abroad.
Meanwhile, a few weeks before polls, the PPP floated the idea of nominating Asif Zardari as its candidate for the President of Pakistan. This has become possible with the PML-N supremo’s idea of forming a coalition government. As Nawaz Sharif is the candidate for the Prime Minister, the PPP co-chairman would love to become President of Pakistan and the N-League would have no other choice but to oblige Zardari.
Moreover, in the coalition government, the PML-N leaders would have to offer some ministries to PPP, JUI-F, MQM, and other partners in the new government.
Importantly, the Shehbaz Sharif-led PDM government has disappointed everyone because of bad governance and a flopped economic performance. How the PDM-like setup, led by Nawaz Sharif would be able to deliver better than Shehbaz Sharif’s government, it would be clear in a few months, once Nawaz Sharif-led coalition government comes into power.
More to be added tomorrow……..
By Muttahir A. Khan/KARACHI
The trailer for the highly anticipated film “Nayab” has been released, creating quite a buzz in film circles. The movie has garnered positive chatter, with audiences eagerly awaiting its release.
Yumna Zaidi is transitioning her talents from TV screens to the silver screen, initiating her silver screen journey with “Nayab.” Her skills have sparked enthusiasm among fans and the entertainment community, generating excitement about her role
In a star-studded ensemble, Yumna Zaidi is joined by esteemed figures from the Pakistani film industry, including Javed Sheikh, Napa’s Fahad Khan, Huma Nawab, Noreen Gulwani, Ehteshamuddin, and Adnan Siddiqui.
Adding to the anticipation, Usama Khan stands poised to grace the screen alongside Yumna Zaidi, amplifying the intrigue surrounding the film’s ensemble cast.
“Nayab” is a multi-dimensional story that encapsulates a family’s tale, a city’s essence, and the narrative of a sport. The film provides an intimate portrayal of life in Karachi, almost presenting the city itself as a character.
Cricket plays a pivotal role in the storyline, beautifully reflecting the issues women face in sports in Pakistan.
The film aspires to set itself apart by intertwining domestic conflicts, societal issues, and the barriers encountered in the realm of sports, aiming for a distinctive narrative. Director Umair Nasir Ali expressed, “I believe audiences resonate with stories that echo their own experiences to some extent.
Each character in ‘Nayab’ has worked tirelessly to make their role relatable to the public, ensuring that viewers feel a sense of familiarity while witnessing these characters. The true success of ‘Nayab’ lies in carving a place in people’s hearts.”
The glimpses shown in the trailer serve as compelling evidence of the technical craftsmanship across all facets of the film. The breathtaking cinematography and unique treatment set it apart from other upcoming movies. Alongside captivating visuals, the film’s music promises to be a defining feature.
A female journalist of Taiwan, Minnie Chan, went missing in China during her recent Reporting Trip. Chan is working with Hong Kong’s South China Morning Post.
Kyodo News disclosed concerns that Minnie Chan, a distinguished reporter known for her coverage of Chinese defense and diplomacy, has possibly been detained by Chinese authorities.
Minnie Chan went to Beijing for the coverage of Xiangshan Forum, a three-day security conference concluding on October 31, and she has become unreachable.
Sources familiar with the matter informed Kyodo News about her disappearance after the event.
The South China Morning Post, owned by Chinese tech giant Alibaba, has remained silent. The Post reportedly mentioned Chan’s absence as “personal leave,” refraining from providing further details, citing privacy concerns.
With a career at the South China Morning Post dating back to 2005, Chan’s recent article on China’s role in the Gaza conflict was published on November 1. Concerns escalated when a Facebook friend disclosed that Chan’s WhatsApp account displayed her last online activity on the afternoon of November 2, noting unusual behavior on her Facebook profile.
Her last Facebook update on November 11 featured holiday photos, a departure from her usual posts discussing articles and commentary in Chinese. She has not responded to inquiries from friends regarding her whereabouts.
Andrei “Pinkov” Chang, a Chinese military expert acquainted with Chan professionally, expressed surprise at her sudden unresponsiveness. He highlighted her past courteousness in communications, which abruptly ceased in November.
China, identified by the Committee to Protect Journalists as the world’s second-worst incarcerator of journalists in the previous year after Iran, has stringent detention protocols. Suspects can be held by Chinese authorities for up to 37 days before formal arrest and further detained for over a year before official charges are brought, as outlined by a Canadian travel advisory.
The conviction rate within China’s court system, largely controlled by the ruling Communist Party, approaches nearly 100% for those who stand trial, presenting a daunting situation for individuals detained within the country.
ISLAMABAD: China-based M/s. CNNP Rich Energy Co. Ltd. strategically invests in Pakistan’s renewable energy sector through its wholly-owned subsidiary M/s. CRE International Co., Limited.
The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of M/s. Super Success Investments Limited (SSIL) by M/s. CRE International Co., Limited.
CRE is the wholly owned subsidiary of CNNP Rich Energy Co. Limited located in Hong Kong. Whereas M/s. Super Success Investments Limited (SSIL) is based in Mauritius.
SSIL owns 100 percent shareholding of M/s. UEP Wind Power (Private) Limited, is a private company operating and maintaining a 99MW wind-powered electric generation facility in Pakistan. CRE has acquired SSIL and thus indirectly acquired UEP Wind Power Pakistan.
CCP conducted a comprehensive review of the merger documentation. Given that the transaction did not lead to the dominance of the acquirer in the relevant market, the CCP has granted approval for the merger.
This transaction serves as a testament to the growing interest of foreign investors in Pakistan’s renewable energy sector. While the transaction indirectly reflects a substantial foreign investment in the country’s energy landscape, it also underscores the potential for collaborative advancements in the renewable energy domain.
ISLAMABAD: Senator Ali Zafar of Pakistan Tehreek-e-Insaf made an announcement on Wednesday regarding the party’s upcoming intra-party elections. He stated that Barrister Gohar Khan would be contesting for the position of party chairman instead of incarcerated party chairman Imran Khan.
Zafar tried to explain that this decision was not indicative of a ‘minus one’ formula being enforced. The Election Commission of Pakistan mandated these intra-party elections to be held on December 2, as per Zafar.
Gohar expressed his commitment to managing the party until Imran’s return, underscoring the continuity of the party’s objectives and struggles.
Expressing gratitude to Imran Khan, Gohar humbly stated, “I am speechless. I don’t have words to thank Imran Khan for posing trust in me. I am only a nominee and successor. Imran Khan would be the chairman for his life. I will fulfill the responsibilities until Imran Khan returns to his position.”
Highlighting that Imran Khan himself nominated Gohar, Zafar outlined two options for the party: either challenge the Election Commission’s decision or proceed with conducting the election. The party, Zafar mentioned, chose to pursue both avenues.
In addressing crucial deliberations within the party, Zafar detailed three key questions:
Barrister Ali Zafar asserted that while Imran Khan was eligible for the chairmanship, there existed a risk of the ECP nullifying such an election, which would be detrimental to the party.
Regarding the third question, the party collectively agreed that the prominent figures within the party already held permanent positions. Hence, a non-controversial leader was deemed the suitable choice.
Subsequently, Barrister Gohar’s name was announced as the chosen candidate by Zafar.
Zafar emphasized that the essence of PTI remained inseparable from Imran Khan, affirming his continued leadership within the party. He confirmed Khan’s decision not to partake in the upcoming elections.
Corporate Ambassador/LAHORE: Farmdar, a leading agricultural Pakistani Agritech startup, was thrilled to announce the launch of AgromAI, a fintech venture in Brazil.
“At AgromAI, we harness the power of artificial intelligence (AI) and geospatial data to revolutionize agricultural financial solutions in Brazil. By leveraging advanced algorithms and cutting-edge technology, we provide financial institutions and insurers with highly accurate, individual farm-level intelligence,” said Muzaffar Manghi, co-founder of Farmdar.
This enables optimized credit and insurance risk management, paving the way for enhanced productivity, profitability, and sustainability in the agricultural sector.
Brazil’s agriculture contributes significantly to global food production, with total agricultural production valued at $170+ billion, while crop insurance alone accounts for R$9+ billion annually.
As Farmdar, we are extremely proud to export our artificial intelligence and data-backed products developed solely by Pakistani engineers.
It is a testament to the innovation of Pakistani talent and their potential to make a contribution to the global agri-tech industry.
“We are excited to bring these cutting-edge solutions to Brazil, empowering financial institutions and insurers with AI-driven insights,” he added.
He asked the key stakeholders to join them in this transformative journey as we revolutionize agricultural financial solutions in Brazil and beyond with AgromAI.
By Muttahir A. Khan/KARACHI: Beautification and cleanliness work is underway at PTV Karachi Centre. The Management of PTV Karachi Centre is striving very hard to improve the its image.
Numerous steps have been in different directions to achieve this goal. Like snaps and portraits of PTV’s eminent artists and stills of different programmes of PTV are displayed in corridors and main lounge.
This not only reflects the glorious past of PTV but also reminds us vantage and venerable celebrities of plays of PTV Karachi Centre.
PTVs old and obsolete technical equipment are also placed at the main lounge of PTV Karachi Centre depicting the technology of that time.
ISLAMABAD: Brazil presented the candidacy of Dr. Thelma Krug for the presidency of the Intergovernmental Panel on Climate Change (IPCC), for a mandate during the Panel’s 7th assessment cycle from 2023 to 2028.
With a degree in mathematics from Roosevelt University, Chicago, USA, and a doctoral degree in space statistics from the University of Sheffield, England, Dr. Thelma Krug has extensive experience in climate change issues, having made a career as a full researcher at the National Institute for Space Research (INPE). Embassy of Brazil in Islamabad stated this in a press release issued on Thursday.
In the Brazilian government, she was the secretary at the Ministry of Science and Technology from 2001 to 2003, and at the Ministry of Environment from 2007 to 2008, where she held the position of director from 2016 to 2017.
According to the Embassy, at the IPCC, Dr. Thelma Krug co-chaired for two assessment cycles (2002 to 2015), the Task Force on National Greenhouse Gas Inventories, and has held since 2015 one of the three vice-chairs of the Panel.
The candidacy of a renowned scientist reflects the priority that the Brazilian government gives to the global efforts to combat climate change, both in adaptation and mitigation, which is also exemplified by the candidacy of the city of Belem, Para, to host the 30th Conference of the Parties of the UNFCCC (COP 30_ in 2025.
If her election is confirmed, she will be the first woman to chair the IPCC, a clear sign of Brazil’s support for gender equality. It would also be the first time that a representative from Latin America would occupy the chair of the body.
The elections will take place during the 59th Plenary Session of the IPCC, to be held in Nairobi, Kenya from July 24 to 28, 2033. In addition to the presidency, the other 33 vacancies in the IPCC Bureau will also be filled in this election.
Importantly, the IPCC is the United Nations body responsible for assessing the science related to climate change. Its creation by the United Nations Environment Programme (UNEP) and the World Meteorological Organization (WMO) in 1988 was decisive in alerting about the implications and possible risks associated with the phenomenon.
It managed to mobilize political will and public opinion support for the establishment of a multilateral regime dedicated to the theme, under the aegis of the United Nations Framework Convention on Climate Change (UNFCCC), which opened for signature during the Rio-92 Conference.
For more than three decades, the IPCC’s technical inputs have strengthened science in the face of questions from skeptical sectors regarding the anthropogenic contribution to global warming, which enabled the achievement of ambitious international milestones such as the Kyoto Protocol in 1997 and the Paris Agreement in 2015. This key role earned the Panel the Nobel Peace Prize in 2007.
Corporate Ambassador Monitoring Report
TEHRAN – The Islamic Revolution Guards Corps (IRGC) has test-launched a new suicide drone that can hit targets at a range of 450 kilometers. The new drone was developed by the IRGC Ground Force.
General Ali Kouhestani, head of the Research and Self-Sufficiency Jihad Organization of the IRGC Ground Force, told Tasnim that the new unmanned aerial vehicle, dubbed “Me’raj-532”, has been tested successfully, Tehran Times reported today.
The homegrown suicide drone is equipped with a piston engine and can travel a distance of 450 kilometers in a one-way mission, he said.
The drone can take off from a vehicle, has a service ceiling of 12,000 feet, and can stay aloft up to 3 hours, the general added, noting that it can hit targets with high accuracy with a warhead weighing 50 kilograms, according to Tasnim.
General Kouhestani also stated that Me’raj-532 can be assembled and prepared for flight easily and rapidly, emerging as a suitable option for rapid reaction.
He also unveiled plans to bring more new combat, training and suicide drones into operation for various missions carried out by the IRGC Ground Force units.
IRGC Navy plans parade in support of Palestine
Voluntary sailors in Iran’s northern and southern coastal regions and their peers in a number of ports across the world will attend maritime parades on April 13 to demonstrate solidarity with the people of Palestine, the IRGC Navy commander said, according to Tasnim.
Speaking to reporters in the southern port city of Bushehr on Sunday, Rear Admiral Ali Reza Tangsiri said the maritime parade is scheduled for April 13 to express support for the oppressed people of Palestine and their Intifada (uprising) and to condemn the Zionist regime’s brutal and heinous crimes.
The maritime parades, slated for Thursday evening, will include the vessels of the popular Basij force of the IRGC Navy, he added.
Local sailors along the southern and northern coasts of Iran will take part in the parades that will be held simultaneously in a number of ports across the world, the commander stated.
Rear Admiral Tangsiri noted that over 2,500 vessels of the popular forces will attend the parades in the Caspian Sea and the Persian Gulf to voice support for the Palestinian cause and Intifada.
Weekly Corporate Ambassador 