Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has urged the Advisor to the Prime Minister on Finance & Revenue, Dr. Abdul Hafeez Shaikh to fulfil his commitments made, from time to time, particularly in the Finance Act, 2019 and release export sectors’ all accumulated refund claims including deferred Claims ; Customs Duty Drawback ; DLTL etc., lying pending for payment since long for facilitating and enabling environment to the exporters to overcome their liquidity crunch to meet their export orders well in time ; enhance exports and reduce trade deficit so that the export targets as envisaged in the Finance Act, 2019 are met.
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said government’s one-year performance remained a mixed bag of achievements and failures.
Partnership with the Department of Plant Protection to create safety awareness among locust control teams
Education for pesticide sprayers on the importance of personal protective equipment in pest control
BASF is collaborating with the Department of Plant Protection (DPP) and the Department of Agriculture Extension to increase safety awareness of locust control in Sindh and Punjab provinces.
“High-quality, transparent financial reporting is fundamental to building trust in the capital markets and to making investment decisions.”
The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountant of Pakistan (ICMAP) organized Best Corporate and Sustainability Report 2018 Awards at a local hotel on 20th August 2019.
Telenor Pakistan, in collaboration with Unilever Pakistan and Special Talent Exchange Program, launches the ‘Disability Job Center’ for the differently-abled.
The 6th iteration of Telenor Pakistan’s ‘Open Mind Pakistan’ program empowered 20 young, differently-abled trainees who have graduated this year.
The graduation ceremony took place at Telenor Pakistan campus 345.
Engro Corporation (ENGRO) announced 2QCY19 consolidated NPAT of PKR2.9bn (EPS: PKR4.97) as compared to PKR1.9bn (EPS: PKR3.29) in SPLY, up by 51%yoy. This takes the 1HCY19 profitability to PKR6.9bn (EPS: PKR11.93), up 13% yoy. The result announcement was accompanied with an interim cash dividend of PKR8.0/sh, taking cumulative 1HCY19 payout to PKR15.0/sh.
Dr Hadi Shahid, Partner Alliott Hadi Shahid Chartered Accountants, hosted a lunch in honour of Malaysia based Dr Mushtaq Hussain, a renowned world famous Economist and Professor of Asia e-University Malaysia who did various economic, strategic and development projects for various countries including the United Nations.
President Korangi Association of Trade & Industry (KATI) Danish Khan, Senior Vice President Faraz-ur-Rehman and Vice President Maheen Salman has urged the Federal and Provincial government to invest heavily in infrastructure of Karachi. In a joint statement, office bearers of the association expressed their concern over the aftermath of recent rainfall in the city.
realme powered by Oppo, the fastest growing smartphone brand in Pakistan, Bags the award for ‘Most Popular brand’ at second Annual Daraz Summit. This Award by Daraz, Pakistan’s leading online marketplace Highlights brand’s contributions to the E-Commerce ecosystem over the past year.
The students and faculty of Usman Institute of Technology (UIT), one of the country’s top technology institutions, got together to celebrate the spirit of independence through a wall painting drive in Karachi. Hundreds of UIT students converged on different street spots in Karachi to beautify the city walls and paint messages of love, peace, patriotism, and civic sense in a commendable effort undertaken in collaboration of the District Municipal Corporation (DMC) East.
In pursuance of the announcement by the Government of Sindh, a NED University campus under the name of Thar Institute of Engineering, Sciences and Technology (TIEST) is being setup in Islamkot, Tharparkar, which will start its Bachelors of Computer Science program from this year.
Pakistan’s Auto industry sold 12,593 units in Jul’19, down 41%yoy/28%mom as Jul’19 started with sharp 15-20% price increases (inclusive of the revised FED). We already suspected pre-emptive buying in Jun’19 (when volumes declined by a moderate 5%yoy) which may have contributed to Jul’19 decline.
Patron-in-Chief of Korangi Association of Trade & Industry (KATI) SM Muneer, President Danish Khan, Vice President Faraz-ur-Rehman and Vice President Maheen Salman welcomed the decision of extending tenure of Chief of Army Staff Gen Qamar Javed Bajwa by Prime Minister Imran Khan and extended warmest congratulations to COAS, in a statement released by KATI.
China Power Hub Generation Company (CPHGC) – a joint venture between, The Hub Power Company Ltd. (HUBCO) and China Power International Holding – has successfully declared the Commercial Operations Date (COD) of its 1320MW imported coal power plant and integrated jetty with coal transshipment capacity of 4.2 MTPA.
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