Zong, Pakistan’s No 1 data network, has partnered with Daraz.pk to bring Zong 4G Black Friday 2016. Black Friday will be the biggest and most extraordinary online retail event in Pakistan to date, marking the digitization of Pakistani consumer market. The sale event will have up to 80% off on the online marketplace, with over 150,000 genuine products.
The Financial Stability Board (FSB) met in London last week with Mr. Mark Carney, Governor of the Bank of England, in Chair to discuss current vulnerabilities, ongoing policy work and its work plan for 2017. Governor SBP Mr. Ashraf Mehmood Wathra represented FSB-Regional Consultative Group (RCG) of Asia as one of the Co-Chairs.
Prime Minister of Pakistan Muhammad Nawaz Sharif inaugurated “Heavy Machine Gun PK-16″while Chief of Army Staff General Raheel Sharif NI(M) launched newly developed “The Light Sniper Rifle” produced by POF Wah at POF Stall on 1st day of IDEAS-2016 at Expo Centre Karachi.
Ambassador of the Netherlands Ms. Jeannette Seppen has stressed that the GSP plus granted by European Union offers tremendous opportunities to Pakistan and the Netherlands which should not be missed. “We can only encourage Pakistani traders to work closely with the government and all other stakeholders in the field of trade to ensure that all 27 conventions attached to GSP Plus are really implemented.
Shaheen Air International (SAI) is set to become the first private air carrier to unveil a unique inflight entertainment (IFE) system that is set to make air travel more exciting. The company is showcasing the system at the 9th IDEAS 2016 – where it is the exclusive commercial airliner to participate.
The Pakistan Ex-servicemen Association (PESA) has decided to change its name to Veterans of Pakistan (VOP) following the worldwide practice but its objectives will remain unaffected. According to the details, at the Annual General Body Meeting of PESA it was unanimously approved to follow the worldwide practice of using the term ‘VETERANS’ instead of Ex-Servicemen for retired personnel of armed forces.
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday said Pakistan would participate in Cuban trade show, an annual event in which around seventy countries take part. Pakistan can reach the Latin American markets through Cuba to increase exports, said Abdul Rauf Alam, President FPCCI.
Pakistan Navy Ship, PNS ALAMGIR (FFG 260), a multi-mission Frigate of 25thDestroyer Squadron arrived at Aksaz Naval Base of Turkey with an embarked ASW Helicopter to participate in the Multinational Maritime Exercise MAVI Balina 2016. The exercise, featuring NATO Navies, is being hosted by Turkish Navy in the Eastern Mediterranean.
The Islamic Banking Certification Program offered by Bank Alfalah Pakistan recently received accreditation from the Finance Accreditation Agency (FAA), Malaysia at the IFN Forum in Lahore. The certificate was presented by Mr. Khairul Nizam, Chief Operating Officer of FAA, to Mr.
Commissioner Karachi Ejaz Ahmed Khan has said that development schemes for Industrial Areas of the city, approved by CM Sindh Murad Ali Shah, will be implemented till January next year. While addressing a meeting at Korangi Association of Trade & Industry (KATI) he told that four associations representing their industrial areas have presented the plans for their needed projects, we are waiting it from other industrial areas the same and willing to start work on these schemes from the January next year.
In line with its commitment of facilitating passengers, Shaheen Air International (SAI) has initiated two weekly flights from Islamabad to the holy city of Medinah, Saudi Arabia. The airline has started flying twice to Medinah reflecting the significant surge in demand by travelers seeking to fly to the blessed land.
President of Korangi Association of Trade & Industry (KATI) Masood Naqi has said that country’s private Industry is willing to play its role in CPEC as a partner. In a statement released by KATI Naqi also said that CPEC is a game changer for the region , it is now become the biggest attraction for Foreign investment, which would not only provide the employment opportunities and will also speed up industrialization in the country.
Chairman of Pakistan Romania Business Council (PRBC) Sohail Shamim Firpo has informed that PRBC was planning to send a high-powered delegation to Romania in May 2017 to explore more opportunities of enhancing the existing bilateral trade between Pakistan and Romania. Sohail Firpo, who was accompanied by all the Directors of PRBC during his visit to Karachi Chamber, expressed his eagerness to utilize all available resources, make collective and all-out efforts to raise the existing trade volume between the two countries.
State Bank of Pakistan released its Annual Report on the State of Economy for the year 2015-16 today. According to the Report, Pakistan’s economy maintained its momentum towards a higher growth trajectory in FY16, as higher infrastructure spending by the government and decades low interest rates provided a boost to domestic demand.
K-Electric, under its flagship project Ujala, is continuously investing in improving its distribution network across the city. This is being done by converting the cables on loss-incurring PMTs to Aerial Bundled Cables (ABC) to improve the power supply to consumers residing in these areas.