Infrastructure is bedrock of trade and economies, leading to prosperity for people, according to global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem, who sat with President of Kazakhstan, Nursultan Nazarbayev, for a roundtable discussion in Baku this week as part of the Astana Global Economic Forum 2018.… Read the rest
The total liquid foreign reserves held by the Pakistan stood at US$17,067.0million on 11May2018.The break-up of the foreign reserves position is as under:-
Foreign reserves held by the State Bank of Pakistan: US$10,798.9million
Net foreign reserves held by commercial banks: US$6,268.1million
Total liquid foreign reserves : US$17,067.0 million
During the week ending 11May2018, SBP’s reserves decreased by US$364million to US$10,799million.… Read the rest
Standard Chartered Bank (Pakistan) Limited (SCBPL) is the first Commercial Bank to obtain License to act as Securities Advisers for distribution of the units of Collective Investment Schemes and / or Voluntary Pension Funds by Securities and Exchange Commission of Pakistan (SECP).… Read the rest
Syed Mazhar Ali Nasir, Senior Vice President and Chairman, Budget Advisory Council of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has hailed the Finance Minister Dr. Miftah Ismail for allocating Rs. 24 billion in the budget for announcing the second round of export incentive package, before the end of his tenure, to further boost exports.… Read the rest
A chat with Yazad Dalal, Head of HCM Cloud Applications, Oracle Asia Pacific on emerging trends in Human Resource Management, particularly challenges in employee engagement.
What are the main employee engagement challenges or trends affecting businesses in Asia Pacific?
The job market and workforce makeup are changing rapidly across Asia Pacific.… Read the rest
Karachi: Engro Foods Limited is a key player in Pakistan Dairy industry. It has contributed substantially to the economy and proven its commitment to Pakistan, through various initiatives. From training the dairy farmers to uplift their livelihoods to attracting a major foreign investment of USD 486 million into Pakistan’s economy, by Royal Friesland Campina, the 6th largest dairy company globally.… Read the rest
In line with its commitment of facilitating passengers, the second national carrier of Pakistan – Shaheen Air International (SAI) has been awarded the ‘Best Airline’ for providing dedicated services during Hajj 2017. The award was granted to the Chairman of SAI – Kashif Sehbai, by the Ministry of Religious Affairs & Interfaith Harmony.… Read the rest
In a joint ceremony held in Dubai, Bank Alfalah Ltd signed an agreement to transfer its Afghanistan Operations to Azizi Bank, a leading financial institution in Afghanistan. Bank Alfalah’s Afghanistan operations had total assets of Afghani 15.3 billion as of 31st March, 2018.… Read the rest
Karachi: As reported in the media, a tragic fire broke out on Friday, 11th May 2018 at the production facility of Waves factory Pakistan. By the grace of God Almighty and the timely protective measures taken by the administration, there were no casualties.… Read the rest
Karachi: Inspector General Police Sindh Allah Dino Khawaja told that 3000 more police personals would be inducted in the force in Ramzan to curb street crime in the holy month. He was addressing to a gathering of Industrialists and traders at Kornagi Association of Trade & Industry (KATI) on Wednesday.… Read the rest