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Business Recorder
a day ago
- Sport
- Business Recorder
Arshad Nadeem named in Forbes 30 Under 30 Asia 2025 list
Olympic javelin champion Arshad Nadeem has been named in Forbes' prestigious 30 Under 30 Asia list for 2025, following his record-breaking performance at the Paris 2024 Olympics, where he secured Pakistan's first-ever individual Olympic gold medal. The Entertainment & Sports category of the list, which highlights rising talent across Asia 'on court and the screen,' credited Nadeem's 'stunning show' at the Olympics, where the 28-year-old shattered records with a throw of 92.97 meters, setting a new Olympic record and ending Pakistan's 30-year Olympic medal drought. The recognition by Forbes marks yet another milestone in Nadeem's illustrious career, which has revitalised Pakistan's presence on the global athletics stage. Olympian Arshad Nadeem named Asia's Best Athlete of 2024 His gold-winning feat earned him more than Rs153 million in cash rewards from the Punjab and Sindh governments, alongside accolades from federal bodies and corporate sponsors. As part of national recognition, a road in Islamabad was named in his honour, and Pakistan Post issued a commemorative stamp on Independence Day to celebrate his contribution to the country's sporting legacy. Nadeem continued his winning streak by clinching gold at the 2025 Asian Athletics Championships with an impressive throw of 86.40m, just shy of the meet record. It was Pakistan's first gold at a continental event in over 50 years. Having previously won gold at the 2022 Commonwealth Games and silver at the 2023 World Championships, Nadeem is now preparing in England for the upcoming World Athletics Championships in September, the only major title missing from his collection. With his continued dominance and rising global recognition, Arshad Nadeem has firmly established himself as Pakistan's most celebrated track and field athlete in modern history.
Business Recorder
a day ago
- Sport
- Business Recorder
Arshad Nadeem named in Forbes Asia 30 Under 30 after historic Olympic gold
Olympic javelin champion Arshad Nadeem has been named in Forbes' prestigious 30 Under 30 Asia list for 2025, following his record-breaking performance at the Paris 2024 Olympics, where he secured Pakistan's first-ever individual Olympic gold medal. The Entertainment & Sports category of the list, which highlights rising talent across Asia 'on court and the screen,' credited Nadeem's 'stunning show' at the Olympics, where the 28-year-old shattered records with a throw of 92.97 meters, setting a new Olympic record and ending Pakistan's 30-year Olympic medal drought. The recognition by Forbes marks yet another milestone in Nadeem's illustrious career, which has revitalised Pakistan's presence on the global athletics stage. Olympian Arshad Nadeem named Asia's Best Athlete of 2024 His gold-winning feat earned him more than Rs153 million in cash rewards from the Punjab and Sindh governments, alongside accolades from federal bodies and corporate sponsors. As part of national recognition, a road in Islamabad was named in his honour, and Pakistan Post issued a commemorative stamp on Independence Day to celebrate his contribution to the country's sporting legacy. Nadeem continued his winning streak by clinching gold at the 2025 Asian Athletics Championships with an impressive throw of 86.40m, just shy of the meet record. It was Pakistan's first gold at a continental event in over 50 years. Having previously won gold at the 2022 Commonwealth Games and silver at the 2023 World Championships, Nadeem is now preparing in England for the upcoming World Athletics Championships in September, the only major title missing from his collection. With his continued dominance and rising global recognition, Arshad Nadeem has firmly established himself as Pakistan's most celebrated track and field athlete in modern history.
Express Tribune
07-05-2025
- Politics
- Express Tribune
Parties in PA yet to deliver on promises
It has been over a year since the general elections were held in the country. In Sindh, the Pakistan People's Party (PPP), Muttahida Qaumi Movement Pakistan (MQM-P), Jamaat-e-Islami (JI), and Pakistan Tehreek-e-Insaf (PTI) presented their manifestos, in which promises were made to the people, including solutions to their problems. After the elections, the PPP came to power in Sindh. Parliamentary analysts claim that despite receiving salaries and benefits, public representatives in the Sindh Assembly are not playing an active role in solving public problems. Instead, analysts are of the opinion that the government and the opposition will have to play a comprehensive and coordinated role in solving public problems, instead of blaming each other. Express compiled a report on the manifestos of political parties and the performance of members of the Sindh Assembly. Dr Nasreen Aslam Shah, a former professor of the Department of Social Work at the University of Karachi, said that political parties present their manifestos in every general election, and those held on February 8, 2024, saw the PML-N and its allied parties forming the government at the center, the PPP forming the provincial government in Sindh, and the people electing members of the Sindh Assembly with their votes. However, if the manifestos of the members of the Sindh Assembly and parliamentary parties are reviewed in general, most political analysts believe that the people will not be satisfied with their performance. Dr Shah stated that the members of the Sindh Assembly belonging to the opposition need to raise a unified voice in the assembly to solve public problems because they can convey the voice of the people to the rulers, while the members of the ruling party should also further strengthen their role in this regard, as the people are not interested in politics but in solving their problems. Hence, the PPP will have to take more steps to fulfill its promises, while the opposition needs to be more politically active to solve public problems. According to the Sindh Assembly website, the total number of members is 168, including 117 from the PPP, 37 from the MQM-P, 9 independent members supported by the PTI and one member from JI. The number of members supported by the PTI is likely to increase due to the change in reserved seats after the Supreme Court's decision. Further, assembly members receive a monthly salary of Rs153,000 including allowances, while a daily travel allowance of Rs2,000 is also given during the session. The total annual salary expenditure is Rs300 million. However, according to analysts, the salaries of members of the Sindh Assembly remain lower than those of other provinces. Further, senior journalist and parliamentary analyst, Muniruddin, said that the manifesto of parliamentary parties remained of utmost importance in past elections as the election campaign was run on the basis of this manifesto, but the manifesto had become a mere ritual in the general elections held from 2008 to 2024. The election campaign in 2024 was not based on the manifesto but on accusations.
Express Tribune
04-04-2025
- Express Tribune
43 vehicles impounded for overcharging
The district administration imposed hefty fines on transporters involved in overcharging and overloading during the Eid holidays. According to Regional Transport Authority (RTA) Secretary Malik Muhammad Tahir, a thorough inspection of 1,265 vehicles was carried out on the Eid days. He said that 70 vehicles were fined for overcharging and overloading, with 43 passenger vehicles being impounded. In addition, a total fine worth Rs153,500 was imposed. The Regional Transport Authority secretary said the authority also recovered Rs24,160 collected in excess fare from transporters, which was returned to passengers. Monitoring squads were formed to oversee the situation during the holidays, with support from the traffic police and assistant commissioners, he added.
Express Tribune
17-03-2025
- Business
- Express Tribune
PM forms committee to cut sugar prices
Prime Minister Shehbaz Sharif has constituted a committee, led by Deputy Prime Minister Ishaq Dar, to negotiate with the sugar mills a reduction in the prices after his earlier decision to allow export of the commodity led to 2,200% increase in its export and 19% surge in the prices this year. The per-kilogramme price of Sugar has shot up to an average of Rs172 as of last Friday – Rs27 per kg higher than the same week of the last year, according to Pakistan Bureau of Statistics (PBS). The Rs1 per kg increase takes out Rs2.8 billion from the pocket of the consumers, according to the Food Security Ministry working. The Prime Minister's Office has notified a 10-member committee with the mandate to reduce the sugar prices by engaging with the Pakistan Sugar Mills Association (PSMA) – the association that solely works for the protection of interests of the millers. The Competition Commission of Pakistan (CCP) has in the past investigated the PSMA for its role in price manipulation. The prime minister also holds the portfolio of the industries minister and the sugar mills now directly fall under his domain. The new committee will be chaired by Dar, tasked with giving its report within three days. The committee held its first meeting on Monday, according to officials. In the meeting, the government told the sugar millers that the average sugar production price was Rs153 per kg, therefore, the industry should itself reduce the prices. The industry, however, sought time to consult with all the stakeholders before committing any new price, said the officials. The prime minister set up the Dar-led committee after average sugar prices jumped after the sugar prices increased by Rs10 within a week and Rs27 compared to last year, according to the national data collecting agency. It also reported that the maximum national price skyrocketed to Rs180 per kg in Karachi and Islamabad. The prices were also Rs27 per kg higher than the maximum threshold of Rs145, which the government had determined at the time of giving permission to export 600,000 metric tons of sugar. A Food Ministry official told The Express Tribune on Monday that Rs1 per kg increase gave an additional benefit of Rs2.8 billion to the millers. By this count, the millers reaped Rs26 billion additional benefits in just the last one week and Rs76 billion since the start of the crushing season. A key reason behind the increase in the sugar prices was Prime Minister Shehbaz Sharif's decision to allow sugar export. The PBS on Monday released the export data, which revealed that the country exported 757,779 metric tons of sugar from July to February of this fiscal year. Compared to the last year when only 33,101 metric tons of sugar had been exported, there was a 2,190% increase in export in this fiscal year, showed the data. In terms of value, the exporters earned $407 million during July-February period, which was also $386 million or 1,831% higher than the previous fiscal year, the PBS data showed. According to the Prime Minister Office's notification, the committee will engage with the PSMA to negotiate a reduction in the ex-mill price of sugar, aiming to stabilise market prices, particularly in response to the sharp increase observed during Ramazan. The committee included Food Security Minister Rana Tanveer Hussain, Law Minister Azam Nazeer Tarar, Adviser to the Prime Minister Dr Tauqir Shah, Special Assistant to the Prime Minister Tariq Bajwa and four representatives of the PSMA. The industries secretary provided the secretariat support. The government has not officially included Special Assistant to Prime Minister on Industries Haroon Akhtar Khan in the committee. Shehbaz instructed the committee to conclude its deliberations and submit a compliance report within three days, confirming that the issue of rising sugar prices had been effectively resolved. Iskandar Khan, the President of the Khyber-Pakhtunkhwa (K-P) chapter of the PSMA, said that the prices shot up due to increase in the sugarcane prices during the crushing season. He added that the average sugarcane price remained Rs455 per 40 kgs, which pushed the production cost to Rs174 per kg. Khan said that imported raw sugar would also cost Rs190 per kg after refining it. On September 20, the ECC allowed export of 100,000 metric tons of sugar, which was increased to 600,000 in October last year. The Express Tribune had reported in October that the government allowed export of an additional 500,000 metric tons of sugar on the basis of massively manipulated figures of available stocks and consumption patterns. The PSMA, however, denies that the prices skyrocketed because of exports. Its Punjab zone spokesman stated that the industry agreed that ex-mill sugar prices would remain capped at Rs140 per kg during the export period, which was below its cost of production. However, due to huge surplus stocks, the ex-mill prices remained between Rs120 to Rs.125 per kg, much below this benchmark, continuously for many months, he added. Almost 50% of the total available sugar was sold much below its cost of production causing massive losses to the industry, he added. The PSMA spokesman said that the price mechanism was dependent on market forces. He blamed the price hike on hoarders and profiteers who spread rumours to influence the market forces to gain undue profits on sugar available with them. The PSMA spokesman stated that no white sugar imports were needed, as domestic stocks were enough to meet the domestic requirement till the start of next crushing season. But he added that the PSMA endorsed import of raw sugar through a policy mechanism and had submitted its proposals to a ministerial committee constituted by the government.
