Pakistan recovers 12 bodies of fishermen missing in Arabian Sea capsize, 2 still at sea

The picture shared on March 13,2024 shows officials of Pakistan Maritime Security Agency (PMSA) and Pakistan Navy carry out a search operation for missing fishermen in Arabian Sea. (Pakistan Maritime Security Agency)
Short Url
Updated 13 March 2024
Follow

Pakistan recovers 12 bodies of fishermen missing in Arabian Sea capsize, 2 still at sea

  • On Tuesday, army said all 14 fishers’ bodies recovered but on Wednesday Navy said two still missing 
  • Fishing boat Assad, with 45 on board, had capsized in the open sea off Hajjamro Creek on March 5

KARACHI: The Pakistan Navy said on Wednesday it had recovered the bodies of two more fishermen missing since last week after their vessel capsized in the Arabian Sea, while a search was still on for two remaining fishers.

On March 4, 45 fishermen from the Ibrahim Hyderi area of Pakistan’s southern city of Karachi set out on a fishing journey aboard a vessel named Assad, according to survivor accounts. The boat capsized at 3am off the Hajjamro Creek due to technical issues compounded by adverse weather conditions.

A total of 14 fishermen went missing after the accident. The bodies of ten were recovered by the Navy and the Pakistan Maritime Security Agency on Monday, following a days-long search that involved aircraft, helicopters, ships and speed boats.

On Tuesday, the Pakistan army said the remaining four bodies had all been recovered. However, in a statement on Wednesday, the Navy said two bodies were still missing eight days after the accident.

“Despite dense marine traffic, time lapse and rough sea conditions the dead bodies of 2x Fishermen were successfully recovered by PMSA units at sea on 12 March 2024 and subsequently handed over to concerned authorities for further formalities,” the Navy said.

“Uptill now a total of 12x bodies have been recovered from sea. Search of remaining 2x bodies is in progress.”

Relatives of the missing fishermen have expressed fears tidal waves might have carried them into Indian territorial waters.

On Sunday, Agha Rafiullah, a Pakistani lawmaker from Karachi’s coastal belt, told a Pakistani newspaper that Prime Minister Shehbaz Sharif had said his government would raise the matter with Indian authorities. 

But when asked if Pakistan had sought Indian assistance in locating the missing fishermen, Pakistani Foreign Office spokesperson Mumtaz Zahra Baloch said no such request had been made by Islamabad.

Last month, Pakistan Navy rescued nine Indian seamen who were stranded in a disabled tug that had been en route to Sharjah.


Pakistani satellite relays first images of moon from lunar orbit

Updated 13 sec ago
Follow

Pakistani satellite relays first images of moon from lunar orbit

  • ICUBE-Qamar was launched aboard China’s Chang’e-6 probe on May 3
  • The Chinese probe is tasked with landing on the far side of the moon

ISLAMABAD: Pakistan’s first satellite, ICUBE-Qamar (ICUBE-Q), has successfully beamed back first images of the moon, the Institute of Space Technology (IST) in Islamabad said on Friday, days after it entered the lunar orbit.
The ICUBE-Qamar satellite carries two optical cameras to image the lunar surface and weighs around 7kg. Cubesats are tiny box-shaped satellites that are mainly launched into low Earth orbit to observe the Earth, test new communications technology, or perform miniature experiments.
The satellite was launched aboard China’s Chang’e-6 probe on May 3. The Chinese probe is tasked with landing on the far side of the moon, which perpetually faces away from the Earth, after which it will retrieve and return samples. China is the first country to make such an ambitious attempt.
“Exciting news from ICUBE-Q! Our satellite has captured its first images, and they’re stunning,” IST, which contributed to the satellite’s development, wrote on X.
“Check out these shots where you can see both the moon and the sun in some of the images. Stay tuned for more updates from ICUBE-Q!“


Soon after the satellite entered the lunar orbit at 1:14pm Pakistan time on Wednesday, Dr. Khurram Khurshid, the head of the electrical engineering and computer science department at the IST and a co-lead on the project, said initial tests revealed there were no complications with the cubesat’s system.
The development meant Pakistan was officially in an exclusive club of countries that had conducted deep space missions, the official added.
Around 100 students from the IST contributed to developing the satellite. Pakistan’s proposal to build the satellite was accepted by the China National Space Agency (CNSA) from plans submitted by eight member states of the Asia-Pacific Space Cooperation Organization (APSCO).
The design, development, and qualification of the ICUBE-Q satellite were spearheaded by faculty members and students of the IST in collaboration with China’s Shanghai Jiao Tong University (SJTU), with support from Pakistan’s National Space Agency, SUPARCO.


Pakistan, Gulf states in final stages of talks on Free Trade Agreement — PM Sharif

Updated 10 May 2024
Follow

Pakistan, Gulf states in final stages of talks on Free Trade Agreement — PM Sharif

  • Pakistan and the Gulf Cooperation Council signed a ‘preliminary’ FTA in September last year
  • The development comes amid Pakistan efforts to boost trade to stabilize dwindling economy

ISLAMABAD: Pakistan and the Gulf states are in final stages of discussions regarding a Free Trade Agreement (FTA) between the two sides, Pakistani state media reported on Friday.
Pakistan and the Gulf Cooperation Council (GCC) signed a “preliminary” FTA in September last year, with the country’s commerce ministry calling it a “milestone in both sides’ economic cooperation.” The GCC also said the agreement represented “an important turning point in cooperation.”
In 2022, both sides held technical-level talks to examine the possibility of an FTA that could help Pakistan boost exports to the six-nation bloc, which includes Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Qatar, and Kuwait.
Presiding over a meeting on the trade sector, Prime Minister Shehbaz Sharif asked the authorities to formulate trade policies with the core objective of facilitating the country’s business sector, the state-run APP news agency reported.
“In the meeting, the prime minister was told that the discussion on the Free Trade Agreement between Pakistan and the Gulf states was in the final stage and transit trade agreements with Uzbekistan and Tajikistan had already been materialized,” the report read.
During a recent Pakistan-Saudi Business Conference, according to the report, around 450 business-to-business meetings were held and the volume of e-commerce trade was witnessing a constant increase, with the enlisting of over 3,000 firms on the Pakistan Trade Portal.
Pakistan has welcomed numerous foreign officials and business delegations in recent weeks, encouraging local partnerships and asking them to explore investment opportunities across various economic sectors.
A Saudi business delegation, consisting of senior representatives from nearly 35 companies, recently concluded its visit to Pakistan, during which the delegates held several business-to-business meetings. Additionally, Prime Minister Shehbaz Sharif met with a group of Japanese industrialists, urging them to invest in Pakistan’s nascent electric car industry.
The country is also expecting the visit of Saudi Crown Prince Mohammed bin Salman later this month, hoping it would bring several billion dollars in investment.
During the meeting on the trade sector, the prime minister called for steps to promote exports of non-traditional goods and instructed authorities for immediate payment of certified duty drawbacks to exporters, according to the APP report.
He instructed officials to ensure consultation with them during the policy-making and implement the deletion policy to uplift the auto sector.
“Prime Minister Shehbaz directed the relevant ministry to devise a comprehensive strategy to scrutinize the performance of trade and investment officers posted in Pakistan’s missions abroad by rewarding the good performers and removing the incompetent ones,” the report read further.
The development comes as Pakistan seeks a fresh bailout from the International Monetary Fund (IMF) to stabilize its dwindling economy after completing its $3 billion IMF bailout deal that helped avert a default last year.
The South Asian country currently has Free Trade Agreements with China, Malaysia, and Sri Lanka, but it still needs to increase exports to other trade destinations.


Historic cuts in Pakistan car prices a ‘marketing stunt’ amid slow demand — experts

Updated 10 May 2024
Follow

Historic cuts in Pakistan car prices a ‘marketing stunt’ amid slow demand — experts

  • Lucky Motor Company, which assembles KIA cars in Pakistan, and Pak Suzuki Motors recently reduced Stonic, Swift prices by up to Rs1.5 million
  • Experts say the automakers wanted to “test” the market through the stunt and the benefit would not end customers as it was opened for few days

KARACHI: The recent historic cuts in prices of multiple car models were a “marketing stunt” by automakers in Pakistan, experts and dealers said on Friday, attributing it to slow demand in the South Asian country.
Lucky Motor Company, which assembles KIA cars in Pakistan, reduced the price of KIA Stonic by as much as Rs1,500,000, followed by a cut in Swift price by up to Rs710,000.
The rate cuts by Kia and Pak Suzuki Motors came on the heels of a reduction in prices of Toyota Yaris by Rs133,000 and Honda City by Rs140,000 respectively in March.
While KIA and Pak Suzuki Motors have said they received an “overwhelming” to the price drops, experts believe it to be a marketing stunt to help struggling models fare better in the Pakistani market.
“They (LMC) played a game because they had about 300-350 (KIA Stonic) cars lying dead which were not sold,” Hajji Muhammad Shahzad, chairman of All Pakistan Motor Dealers Association (APMDA), told Arab News.
“They threw [them] in the market and stopped the booking.”
Shahzad said the price cut by the LMC generated interest among investors who booked the car instead of “genuine buyers,” noting that the car would come with around Rs500,000 own money as well.
Mashood Ali Khan, an auto industry expert, believed that price plays a key role in the auto sector, because of the current economic situation and prevailing high inflation. He said the LMC wanted to “test” the market.
“The people who have booked, maybe I am wrong, but I think they are mostly the investors,” Khan told Arab News. “It could not reach the end consumers as it was opened for two days.”
Reached for comment, LMC Chief Executive Officer Muhammad Faisal said they corrected the KIA Stonic price to help it compete with sedan cars available in Pakistan and “took the hit” themselves, though the automaker didn’t anticipate the overwhelming response to the price cut.
“We tried to bring it to the price point at which competing sedans are available,” Faisal told Arab News. “When we brought it to this price point, the response from the market was unbelievable and better than our expectations.”
Though a Pak Suzuki Motor official did not respond to Arab News query about the cut in Swift price, the company said in a circular it had received an “overwhelming” response and was now introducing “stylish combinations” of a two-tone exterior.
Shahzad, however, said Swift did not get a “good response” despite the price cut. 
A decrease in car prices was already expected as the Pakistani government notified in March it would charge 25 percent sales tax on locally assembled cars, if their invoice price exceeded Rs4 million.
Car sales declined in Pakistan by 38 percent during nine months of the current fiscal year, which began on July 1, amid a declining trend in auto financing, historic high interest rate, soaring prices and shrinking purchasing power of consumers, according to a research report by the Karachi-based Darson Securities.
Asked about the delivery of vehicles to customers, LMC CEO Faisal said the company had not delivered the newly booked Stonic cars and was still filtering buyers.
“We have just made a commitment that we will deliver it now,” he told Arab News. “We have ensured that we will book one car per CNIC (computerized national identity card), we are filtering the investors, we are giving preference to genuine customers, so that we can deliver it soon.”
Faisal said the automaker was evaluating its stock position after the current response and it would resume bookings, however, the company would be giving delivery commitments for October onwards.
Car prices have increased in Pakistan by around 40 percent in the last two years and the costs of vehicles remain high despite the recent cuts, according to car dealers.
Khan, the auto sector expert, called for localization of auto parts and a 10-year policy to promote auto industrialization to make affordable cars in Pakistan.


Pakistan seeks Beijing’s support for completion of 1,800MW hydropower projects

Updated 10 May 2024
Follow

Pakistan seeks Beijing’s support for completion of 1,800MW hydropower projects

  • The Kohala and Azad Pattan hydropower projects have reportedly been delayed for past several months
  • Beijing is investing more than $65 billion in energy and infrastructure projects in Pakistan as part of CPEC

ISLAMABAD: Pakistan’s Planning Minister Ahsan Iqbal has sought Chinese support for early completion of two hydropower projects, Pakistani state media reported on Thursday, amid the minister’s visit to China.
The 1,124 megawatts (MW) Kohala and 700MW Azad Pattan hydropower projects have been delayed for the past several months, according to media reports.
In his meeting with National Energy Administration of China’s Chairman Zhang Jianghua, Iqbal said his government intended to diversify energy mix toward clean and renewable energy.
“In that context, Minister for Planning sought Chinese continued cooperation for the early implementation of the Azad Pattan and Kohala Hydro Power Projects,” the state-run Radio Pakistan broadcaster reported.
Beijing is investing over $65 billion in energy and infrastructure projects in Pakistan as part of the China-Pakistan Economic Corridor (CPEC), a major segment of Beijing’s Belt and Road infrastructure initiative, which will connect China to the Arabian Sea and help Islamabad expand and modernize its economy through a network of roads, railways, pipelines and ports in Pakistan.
During the meeting, the two sides also discussed new initiatives to improve energy management system, aimed at reducing theft and line losses, according to the report.
“We intend to reform energy sector to be efficient and affordable in order to provide electricity to consumers and businesses at cheaper rates by cutting line losses and power theft,” Iqbal was quoted as saying.
The meeting was part of Iqbal’s engagements in Beijing to prepare for the next round of Joint Coordination Committee meeting as well as for the preparation of an upcoming visit of Prime Minister Shehbaz Sharif to China.
Earlier, the minister met officials of top Chinese companies, including Power China, TBEA Co. Ltd., and Electric Power Planning and Engineering Institute, that specialize in power transmission and distribution.


2,501 Pakistani pilgrims arrive in Madinah in first two days of pre-Hajj flight operation

Updated 42 min 27 sec ago
Follow

2,501 Pakistani pilgrims arrive in Madinah in first two days of pre-Hajj flight operation

  • Pakistan on Thursday launched its pre-Hajj flight operation which will continue till June 9
  • Pakistan envoy urges Hajj pilgrims to demonstrate discipline during stay in Saudi Arabia

ISLAMABAD: A total of 2,501 Pakistani Hajj pilgrims have arrived in Madinah in the first two days of Pakistan’s pre-Hajj flight operation, the Pakistani religious affairs ministry said on Friday.
Hajj is one of the five pillars of Islam, and requires every adult Muslim to undertake the journey to the holy Islamic sites in Makkah at least once in their lifetime, if they are financially and physically able.
Pakistan has a Hajj quota of 179,210 pilgrims this year, according to the Pakistani religious affairs ministry. Of them, 63,805 pilgrims will be performing the pilgrimage under the government scheme, while the rest would be accommodated by private tour operators.
Pakistan’s Ambassador to Saudi Arabia Ahmed Farooq and Hajj Director-General Abdul Wahab Soomro warmly welcomed Pakistani pilgrims upon arrival in the holy city of Madinah.
“Pakistani Hajj pilgrims along with other pilgrims started arriving at the Prophet’s Mosque to offer Friday prayers,” a spokesperson for the Pakistani religious affairs ministry said.
“Due to the increasing rush, the roof of the Prophet’s Mosque was also opened for worshippers.”
Welcoming the Pakistani pilgrims on Friday morning, Ambassador Farooq urged them to demonstrate discipline during their stay in Saudi Arabia and thanked the Kingdom for ensuring “best” arrangements for the devotees.
“Pilgrims should demonstrate best discipline to increase the prestige of the country,” the Pakistani religious affairs ministry quoted the ambassador as saying.
“We are grateful to the Saudi government for making the best arrangements for Hajj pilgrims.”
Soomro said the pre-Hajj flight operation was ongoing successfully and feedback about different facilities would be sought from pilgrims through the Pak Hajj app.
This year’s pilgrimage is expected to run from June 14 till June 19.