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Apr 08 - 14, 2002


The KaravanKarachi PSO RoadSense programme is a positive step that would help in alleviating our social problems, the Nazim of Karachi, Mr Naimatullah Khan Advocate, said on Wednesday.

Addressing the participants of the third function of KaravanKarachi PSO RoadSense programme at PSO House, Mr Naimatullah Khan said that the programme should be continued in future, as it would help in developing awareness about the traffic rules.

The Nazim highly appreciated the spirit of the programme and Pakistan State Oil's support for it.

Mr Asad Jehangir, Additional Inspector General of Police, in his speech said that more than one million vehicles were registered in the city with only 2,500 policemen to manage them. He said that in developed countries, the ratio of road accidents was 1.6 or 1.7 per cent while the ratio of accidents in Pakistan was on the very high side. "We have a ratio of 18.7 per cent," he said, adding that in Karachi the ratio was 6.7 per cent and that was unacceptable.

Highlighting the number of casualties in Karachi, Mr Jehangir said that 633 people were killed in traffic accidents in the city in 2001. Among them, 54 per cent were pedestrians, 22 per cent motorcyclists and 8 per cent cyclists.

He said that 2.6 million people commuted in the city everyday but there were no rules for them.

The senior police officer said that all types of problems, including traffic accidents, could be curtailed by promoting the cause of education. "One other way to improve the situation is that the design of the road network should be reviewed and improved."

Mr Jehangir called for greater liaison between the police and the people to make the city organized.

Mrs Yasmeen Lari, the Chairperson of HeritageWallay, in her welcome address, said the programme was aimed at inculcating traffic sense among the children of the city.

Representing the Managing Director of PSO, Mr Tariq Kirmani, the General Manager Lubes and Chemicals, Mr Kalim A Siddiqui, called for long-term steps to resolve traffic problems. He said that PSO would continue its support for the KaravanKarachi PSO RoadSense programme.

The speeches were followed by street theatre and award of prizes and souvenirs to schoolchildren, who were served refreshments.


Pakistan State Oil (PSO), the country's largest oil marketing company, Saturday held its first-ever cartage contractors conference.

Speaking to more than 200 contractors and owners of tank lorries who had assembled at the PSO House auditorium, the Managing Director of the company, Mr Tariq Kirmani, said the conference was important as the company was facing new challenges.

About the Tracker system that PSO is installing on its tank lorries to end pilferage, Mr Kirmani said the installation was essential and could not be avoided in the face of growing competition.

He told the contractors that after the completion of the new white oil pipeline from Karachi to Mehmoodkot, the demand for tank lorries would fall by up to 66 per cent.

Mr Kirmani urged the contractors to change with the changing times and assured them PSO's complete support for solution of their problems.

Mr Gulsher Masood, the representative of cartage contractors, appreciated the holding of the conference and said that it provided a good opportunity for discussion. He offered his full cooperation to PSO and hoped that cartage contractors would meet the expectations of the company.

Mr M Z Tamimy, General Manager Logistics, PSO, said cartage contractors were a part of the PSO team. He explained the benefits of the Tracker system and urged the contractors to adopt the latest standards of the Health Safety and Environment policy of the company.

The General Manager Industrial Consumers, Mr Haroon Chandna, and General Manager Finance, Mr Jaleel Tareen, also spoke on the occasion.

The conference was followed by an interactive question-and-answers session.


The Habibians Club is the social organization of Habib Bank Staff and organizing different recreational programmes with the families of its members to achieve its social objectives. The club has the honour that prominent personalities are also the Honorary members to this Club. Recently, the Club has organized a Reception/Dinner/Get-to-gather at KDA officers Club, Kashmir Road, Karachi in the honour of newly elected Governing Bodies of Arts Council of Pakistan & KDA Officers Club. On the occasion Secretary General Mr. Shams Zai welcomed the newly bodies and said that it is a honor to for the Habibians Club that at both the places, the new elected secretaries are the Honorary Members of The Habibians Club. Mr. Anjum Javed, Member Executive Committee of the Club read a poem in the honour of newly elected bodies which was hailed by the audience.

Habib Bank Staff Social Organization "The Habibians Club" organized a Reception/get-to-gather in the honour of newly elected Governing Body of Arts Council of Pakistan and KDA Officers Club. On the occasion Mr. Saifur Rehman Grami and other honourable guests with President of Club Mr. Shamsul Haque & Secretary General Mr. Shams Zai and other office bearers of the Club are also prominent in the picture.

Country Chairman and Managing Director of Shell Pakistan Limited, Mr. Farooq Rahmatullah on March 26th signed the Lubricants and Fuel supply agreement with the Chairman of Pakistan Steel Mills, Lt. Col. (Rtd) Muhammad Afzal Khan. This is the first time that the business has been awarded to a private OMC in over 20 years.

Dr. Abdul Basit, Chairman Preston Institute of Management, Science & Technology (PIMSAT) Karachi presenting the Institute's Shied to one of the students who won first position in graphic and animation contest held at the Institute's Islamabad campus.


3M Pakistan launched the hypoallergenic Transpore™ Surgical Plastic Tape at a ceremony held at a local hotel recently. The launch ceremony was presided by Hasan Bilgrami, Sales & Marketing Manager, 3M Pakistan and Atif Sarfraz, Marketing & Sales Officer, 3M Pakistan and was widely attended by local pharmacists, doctors and medical dealers.

The 3M Transpore™ Surgical Tape is a transparent, easy-to-tear, perforated plastic tape for securing dressings or devices. The tape is such that it allows the skin to breathe and is not as obtrusive looking as other medical tapes. Additionally, the hypo-allergenic feature makes the tape medically safe for sensitive areas such as wounds and eye injuries. The tape is easy to tear into narrow strips and is ideal for NICU needs.

According to Hasan, the local market is flooded with a variety of tapes but most of them have been developed without any scientific research. "However, in the case of Transpore it has been developed after extensive research and introduced after exhaustive tests and positive results," said Hasan. The Transpore™ Surgical Tape is an ideal option for those who prefer higher medical standards, hence minimizing the risk of infections and maximizing on quality care.

The 3M™ ColdHot™ Pack was also introduced at the ceremony. The ColdHot Pack is an ideal replacement for the traditional hot water bottles to treat body aches and pains. In this case, the pack can either be heated or frozen — offering dual usage from one product. Depending on the requirement, the pack can either be placed in boiling water or in a freezer. The pack will soon be available in Pakistan.


The Securities and Exchange Commission of Pakistan has issued a directive to the three stock exchanges of the country in the first week of March 2002, to ensure that all listed companies comply with the Code of Corporate Governance within a month.

This was stated by the President Institute of Cost & Management of Pakistan. (ICMAP), Badruddin Fakhri at a seminar on Corporate Governance organized by ICMAP on Thursday night at Karachi.

He further stated that this is the first major action that the Commission has taken as regards the enforcement of the Code. The Code has been finalized after extensive consultations with stakeholders and a series of seminars to elicit public opinion. It incorporates principles of sound Corporate practices from around the world and tailors them to the particular needs of Pakistan.

Syed Masoud Ali Naqvi, senior partner Taseer Hadi Khalid & company, Chartered Accountants said that it is the responsibility of the board of directors to ensure good corporate governance. This envolves a set of relationships between the management of a corporation, its board, its shareholders and other relevant stakeholders.

Etrat H. Rizvi, Managing Director, National Development Leasing Corporation, said that good corporate governance requires that the board must govern the corporation with integrity and enterprise in a manner, which entrenches and enhances, the licence it has to operate.

Other speakers were G. Nizamuddin, Vice President, Institute of Corporate Secretaries of Pakistan, Huma Pasha, President, Institute of Internal Auditors, Karachi chapter said that the board should serve the legitimate interests of shareholders of the corporation and account to them fully and communicate with shareholders and stakeholders effectively.


Preston Institute of Management, Science & Technology (PIMSAT) organized an exhilarating 'Graphic & Animation Contest' at its campus in Islamabad. The contest was organized by the Faculty of Information Technology of the Institute as a part of its co-curricular activities to encourage its graduate and postgraduate students to enhance and polish their skills in practical terms.

The theme of the contest was "Colors of Life" and the presentations were divided into two broad categories: Static Graphics and Animated Graphics. More than thirty students participated in the contest. Judges' panel for the contest comprised of senior professionals from the creative department of one of Pakistan's top notch Advertising Agencies'—Orient Advertising (Pvt.) Ltd., and a representative from the Pakistan Television. Those participants who were adjudged first, second and third by the panel of judges in both the categories were awarded the Institute's shield and merit certificates. Certificates of merit were also awarded to all the students who took part in the competition.