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SDPI enters club of top 100 global index

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ISLAMABAD: Sustainable Development Policy Institute (SDPI) has entered 100 top think tanks’ global club with its ranking on 15th in the index in Asia and the Pacific. It is declared 38th as World’s top trans-disciplinary research think tank and on the similar ranking in Best Quality Assurance and Integrity Policies and Procedures category, said an SDPI press release.

According to the 2015 Global Go To Think Tank Index, the ranking is done among 6486 Think Tank (TT) globally nominated by eminent experts, policy makers, and public thought leaders, said a news release issued here on Monday.

TT and civil society programme of University of Pennsylvania on an annual basis has been doing the ranking since 2008. The report was launched in Washington, DC, (World Bank and Wilson Center), Philadelphia (University of Pennsylvania) and in New York (United Nations).

The index ranks Brookings Institution (US) as world’s TOP TT. Among non US Think Tanks Chatham House is World’s TOP TT while SDPI has been ranked 38th as World’s Top Trans-disciplinary Research TT.

Woodrow Wilson International Center for Scholars (US); RAND Corporation (US); Brookings Institution (US); Chatham House (UK) and Council on Foreign Relations (CFR) (US) are the top five TTs in this category.

SDPI has been placed 65th as World’s Top Environment Policy TT. World Resources Institute (US); Stockholm Environment Institute (Sweden); Worldwatch Institute (US); Brookings Institution (US); and Center for Climate and Energy Solutions (US) are the top five TTs in this category.

Source:APP

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Alleged forgery lands two Chinese nationals in FIA lock-up!

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MMA

KARACHI: Two Chinese nationals – Zhong Zhongmin and Li Chonhong, Country Manager and Deputy Country Manager of the Chinese firm M/s BGP (Pakistan) International – have been nabbed by FIA for submitting forged documents here today.

According to details FIA has registered a case against the  oil and gas surveying company, its clearing agent M/s IMT Co, customs personnel etc for forgery.

The accused had endeavored to get surveying equipment worth Rs. 677m cleared by means of fake papers.

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PSX: Bourse hardly managed to remain in the green on week’s 3rd trading day!

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KARACHI: As the profit-taking set in due to political noise, Benchmark KSE-100 Index closed at 40,591 points with an augmentation of only a little over 43 points.

Rs. 5.3b worth of 157m shares changed hands today. Value of the shares of 172 augmented, 155 plummeted, while 18 remained stagnant.

Pundits at the helm of affairs have insinuated that K-Electric was being acquired by Shanghai Electric.

As a result Power Generation and Distribution Sector led the trading of shares today followed by Technology and Communication Sectors . The three have traded 80.4m, 15.9m and 7.5m shares respectively.

The top five leaders of the trade of shares today were K-Electric Ltd., 77.1m shares (+10.11pc); WorldCall Telecom, 8.3m shares (+4.83pc);TRG Pak Ltd., 6.9m shares (+1.50pc); Sui Southern Gas, 5.4m shares (+2.93pc); Azgard Nine, 4.5m shares (-0.27pc).

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PSX: Bourse closes in the green as bulls shoo-off the bears on week’s second trading day!

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KARACHI: The bourse closed in the green (40,459) today when Benchmark KSE-100 Index gained 232 points.

Rs. 5.2b worth of 102m shares changed hands today. Value of the shares of 148 companies augmented, 145 plummeted, while 21 remained stagnant.

With trading of 15.8m shares Textile Spinning Sector led the market. Top five leaders of today’s trading were Unity Foods(R),13.0m shares (+26.60pc); TRG Pak Ltd., 7.3m shares (+1.84pc); Pak Elektron, 4.9m shares (+2.50pc); Dost Steels Ltd., 39.m shares (-1.27pc).

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