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IBA forms three schools, launches new degree programs

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KARACHI: Institute of Business Administration’s (IBA) retreat took place after the formation of three schools and the launch of new degree programs with the appointment of three permanent deans for each school.

The event took place at Pearl Continental Hotel from June 28-29 under the leadership of Dr S Akbar Zaidi, who is the executive director of the institute. 

Key stakeholders from IBA along with prominent experts and strategists from academia were invited to participate in the development of the institute’s future vision.

Along with the launch of schools and degree programs, the institute has also put in place the policy and regulatory frameworks, and various research and professional development centres have been established.

The purpose of the retreat was to remain abreast with the recent trends, and ideas, while envisioning the role of the IBA in the socioeconomic development of the country and lay the foundation for a concentrated journey to achieve the institute’s vision.

The leadership aspect reflected upon the newly appointed full-time deans who will lead their respective schools on the academic and research fronts — enabled by a revamped Office of the Registrar which will provide administrative, technological and logistical support. Various steering and monitoring committees are in place to ensure accountability across the board.

The infrastructural and technological development side included the solar energy project, faculty apartments, new girls’ hostel, a state-of-the-art digital IBA project, and overall revitalisation of the campuses.

The event was attended by a large number of IBA faculty members, staff, and senior leadership.

The participants appreciated the idea of setting up a long-term plan for the IBA and underscored the importance of holding such events in the future to monitor and ensure progress toward IBA’s future vision.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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