Latest news with #Kashif
The Sun
7 days ago
- Business
- The Sun
Asean Summit could unlock hundreds of billions in FDI, trade for Malaysia: Juwai IQI
KUALA LUMPUR: The Asean Summit will be a platform to integrate regional economies and promote trade through potential agreements with an estimated RM300 billion in foreign direct investment (FDI) in the next five years, according to Juwai IQI. Its co-founder and group CEO Kashif Ansari said in a statement today that it is important for Asean member countries to work together as the region faces a complicated world, with global strategic rivalries, new technologies, and artificial intelligence (AI) disruptions. 'The summit could boost Malaysia's economy through regional integration, Asean unity in global trade, and foreign direct investment. Changes in these three areas could mean hundreds of billions of ringgit in additional trade and capital over the coming years. 'The Johor-Singapore Special Economic Zone (JS-SEZ) is a prime example of integration, which could contribute as much as RM110.9 billion to Malaysia's economy annually by 2030,' he said. Kashif said a tighter-knit Asean could boost Malaysia's total trade volume significantly, to about RM3.87 trillion by 2027; exports could reach an all-time high of RM2.13 trillion in annual export volume by 2030. 'While the agreements coming out of the summit could have us shipping more goods out by 2030, we will also be receiving more inbound FDI, with that money going into local innovation, infrastructure, employment, and property,' he noted. In the property sector, based on IQI's analysis, FDI inflows during this period will generate at least RM15 billion in new real estate activities, which include industrial parks, commercial centres, logistics hubs, and housing developments, said Kashif 'With RM300 billion of FDI projected by 2030, we estimate RM15 billion, or 5%, will be channelled into the real estate industry. 'We have estimated this 5% ratio between FDI and real estate based on typical patterns seen across the region. The real number could be lower, or much higher,' he said. According to Kashif, global brands have built data centres, electric vehicle facilities, and logistics hubs over the past few years. These developments create high-quality property demand in the industrial sector and have a spillover effect on housing, office, and retail. 'This Asean Summit is a platform for improving Malaysia's future. If regional leaders can agree to deepen intra-Asean trade, harmonise regulations, and reduce trade barriers, Malaysia and all our partner nations will benefit,' he added. The Asean Summit will be held at the Kuala Lumpur Convention Centre on May 26 and 27, alongside the second Asean-Gulf Cooperation Council Summit and the inaugural Asean-Gulf Cooperation Council -China Summit. – Bernama
Business Recorder
17-05-2025
- Business
- Business Recorder
PHDEC's mango-bagging initiative boosts export opportunities
MULTAN: Pakistan Horticulture Development and Export Company (PHDEC) launched its Mango Bagging Pilot Project and hosted a Workshop on Mango Orchard Management in Jalalpur, Multan. Attended by exporters, progressive growers, and industry stakeholders, the event highlighted how mango bagging enhances fruit quality, meets international standards, and drives export growth. With Pakistan producing 1.8 million tons of mangoes annually but exporting only 7% due to quality issues, PHDEC's initiative empowers exporters to tap high-value global markets. The workshop, themed 'Mango Orchard Management During and After Fruit Harvest in the Context of Climate Change and Bagging Techniques' equipped exporters with insights to improve fruit marketability. Abdul Ghaffar Grewal, a mango expert, shared best practices for orchard management, emphasizing post-harvest pruning and nutrition to combat climate-induced stress. Dr Kashif from MNS-University of Agriculture, Multan, detailed bagging techniques, advising application at the marble stage for 40–45 days to ensure premium-quality fruit. These practices directly benefit exporters by producing mangoes that meet stringent buyer requirements, fetching higher prices. PHDEC's Mango Bagging Pilot Project, now in its third season, has transformed export prospects. By distributing mango bags and facilitating the procurement of one million bags, including imports from China, PHDEC has enabled exporters to deliver blemish-free, visually appealing mangoes. Bagged mangoes have consistently secured premium prices in over 40 countries, with exporters reporting increased demand. Athar Hussain Khokhar, CEO of PHDEC, noted, 'Bagging ensures compliance with international quality standards, opening doors to high-end markets and strengthening exporter profitability.' Copyright Business Recorder, 2025
Express Tribune
15-05-2025
- Express Tribune
Rickshaw driver robbed by police, killed by truck
A rickshaw driver was robbed by police on M-9 motorway and later met a fatal accident when his three-wheeled vehicle was hit by a speeding truck from behind. The incident occurred in the Loni Kot area, where 30-year-old Kashif, son of Waris Abbasi and his cousin, Zohaib Ali, son of Nadeem Abbasi were pushing the rickshaw on foot after vehicle's petrol ran out when a truck hit them, killing driver Kashif on the spot, injuring his cousin Zohaib. According to Zohaib's statement to the police, they were traveling from Karachi to Hyderabad when police personnel at the toll plaza snatched their cash amounting to Rs8,000 and a mobile phone. After being robbed, they continued their journey, but the rickshaw ran out of petrol near Loni Kot New Baran Bridge. As they were pushing the rickshaw, the accident occurred. The victims hailed from Faisalabad and earned their living by driving rickshaws. They had nothing left after being robbed by the police. Meanwhile, SSP Jamshoro Zafar Siddiq Jhanga took notice of the incident after Zohaib's video statement went viral on social media.
Yahoo
20-04-2025
- Sport
- Yahoo
Porter drives Essex to edge of first win of season
Rothesay County Championship Division One, Ambassador Cruise Line Ground, Chelmsford (day three) Essex 179 & 317: Walter 104, Thain 54; Waite 3-40, Taylor 3-73 Worcestershire 202 & 185-6: Kashif 50; Porter 3-36 Advertisement Worcestershire (3 pts) need another 110 to beat Essex (3 pts) with 4 wickets standing Match scorecard Jamie Porter struck three significant blows to carry Essex to the precipice of their first County Championship win of the season against Worcestershire. The pace bowler took his tally to 11 wickets in three games so far to leave Essex on the cusp of a victory that had looked a distant prospect when they were dismissed for 179 in their first innings on day one after being put in. However, Porter sent back Gareth Roderick with his second ball of Worcestershire's run chase and then added the scalps of Rob Jones and Brett D'Oliveira, who was settling into ominous form. Advertisement Worcestershire were set 295 in five sessions, or a nominal 165 overs, and were still 110 runs short with four wickets standing when bad light ended play with five overs remaining on the third day. Essex's second-innings 317 was bolstered by some belligerent tail-end batting from Shane Snater, who hooked Jacob Duffy for six in addition to five fours in a 53-ball 48. At that point it looked to have turned a comparatively small hill into a mountain. That mountain looked even higher when Porter trapped Roderick playing down the wrong line to the second ball of the innings in the only over possible before lunch. The morning sunshine gave way to overcast gloom as Worcestershire slipped to 32-3 inside 14 overs. Jake Libby included three fours in a brief cameo before whipping Snater uppishly to midwicket and Jones followed. Advertisement Kashif Ali and Adam Hose settled in for a dozen overs while adding 46 runs with a succession of well-placed boundaries, not least two balls before Hose was adjudged lbw to Noah Thain when he carved the bowler firmly through midwicket for four. But despite his pronounced forward movement Hose was nowhere near the delivery that ended his 42-ball stay for 21. Some of Kashif's strokes, particularly those that whistled through extra cover, were exquisite gems, though he did survive having his off-stump flattened on 36 when Thain over-stepped. Kashif had just passed 50 when spin was finally introduced on a bland hybrid pitch that showed no signs of natural deterioration and on which the first 34 wickets fell to seam. Advertisement Simon Harmer had only contributed two unproductive overs in Worcestershire's first innings, but struck with his 11th delivery in the second, Kashif diverting a catch at shoulder height to slip. Wicket taken, 12 balls bowled, no runs conceded, Harmer retired back to second slip, job done. However, that brought in Matthew Waite to partner D'Oliveira and the sixth-wicket pair dug in while collecting runs off any wayward balls. One such had D'Oliveira swaying on to his backfoot and cutting Kasun Rajitha for four. Another time he rocked on to one leg to pull Porter to the boundary. However, when the stand was worth 44, D'Oliveira tried to give himself room to cut Porter past point and only succeeded in uppercutting the ball into first slip's hands. In the morning, Essex added 84 valuable runs to their overnight score for the loss of their final four wickets. Thain needed two balls before he turned Ben Allision off his hip to click over from his overnight 49 to his maiden first-class 50. Advertisement When he was out, nine balls later, unable to withdraw his bat in time against Eathan Brookes, his 143-ball vigil was the second longest crease occupancy of the match after centurion Paul Walter. Harmer and Snater put on 41 in 10 overs either side of the new-ball until the introduction of Tom Taylor induced a nick off Harmer's bat for a seventh caught behind in the game for Roderick. Taylor then accounted for Kasun Rajitha lbw before Snater's late flourish was ended after one yahoo too many. ECB Reporters' Network supported by Rothesay
BBC News
20-04-2025
- Sport
- BBC News
Porter drives Essex to edge of first win of season
Rothesay County Championship Division One, Ambassador Cruise Line Ground, Chelmsford (day three)Essex 179 & 317: Walter 104, Thain 54; Waite 3-40, Taylor 3-73Worcestershire 202 & 185-6: Kashif 50; Porter 3-36 Worcestershire (3 pts) need another 110 to beat Essex (3 pts) with 4 wickets standingMatch scorecard Jamie Porter struck three significant blows to carry Essex to the precipice of their first County Championship win of the season against pace bowler took his tally to 11 wickets in three games so far to leave Essex on the cusp of a victory that had looked a distant prospect when they were dismissed for 179 in their first innings on day one after being put Porter sent back Gareth Roderick with his second ball of Worcestershire's run chase and then added the scalps of Rob Jones and Brett D'Oliveira, who was settling into ominous form. Worcestershire were set 295 in five sessions, or a nominal 165 overs, and were still 110 runs short with four wickets standing when bad light ended play with five overs remaining on the third second-innings 317 was bolstered by some belligerent tail-end batting from Shane Snater, who hooked Jacob Duffy for six in addition to five fours in a 53-ball 48. At that point it looked to have turned a comparatively small hill into a mountain looked even higher when Porter trapped Roderick playing down the wrong line to the second ball of the innings in the only over possible before lunch. The morning sunshine gave way to overcast gloom as Worcestershire slipped to 32-3 inside 14 overs. Jake Libby included three fours in a brief cameo before whipping Snater uppishly to midwicket and Jones Ali and Adam Hose settled in for a dozen overs while adding 46 runs with a succession of well-placed boundaries, not least two balls before Hose was adjudged lbw to Noah Thain when he carved the bowler firmly through midwicket for four. But despite his pronounced forward movement Hose was nowhere near the delivery that ended his 42-ball stay for of Kashif's strokes, particularly those that whistled through extra cover, were exquisite gems, though he did survive having his off-stump flattened on 36 when Thain had just passed 50 when spin was finally introduced on a bland hybrid pitch that showed no signs of natural deterioration and on which the first 34 wickets fell to seam. Simon Harmer had only contributed two unproductive overs in Worcestershire's first innings, but struck with his 11th delivery in the second, Kashif diverting a catch at shoulder height to slip. Wicket taken, 12 balls bowled, no runs conceded, Harmer retired back to second slip, job that brought in Matthew Waite to partner D'Oliveira and the sixth-wicket pair dug in while collecting runs off any wayward balls. One such had D'Oliveira swaying on to his backfoot and cutting Kasun Rajitha for four. Another time he rocked on to one leg to pull Porter to the boundary. However, when the stand was worth 44, D'Oliveira tried to give himself room to cut Porter past point and only succeeded in uppercutting the ball into first slip's the morning, Essex added 84 valuable runs to their overnight score for the loss of their final four wickets. Thain needed two balls before he turned Ben Allision off his hip to click over from his overnight 49 to his maiden first-class 50. When he was out, nine balls later, unable to withdraw his bat in time against Eathan Brookes, his 143-ball vigil was the second longest crease occupancy of the match after centurion Paul and Snater put on 41 in 10 overs either side of the new-ball until the introduction of Tom Taylor induced a nick off Harmer's bat for a seventh caught behind in the game for Roderick. Taylor then accounted for Kasun Rajitha lbw before Snater's late flourish was ended after one yahoo too Reporters' Network supported by Rothesay
