VEON’s Co-CEO Shares key insights with National Incubation Center Startups

Sergi Herrero, co-CEO of VEON Group, the global telecom leader and Jazz’s parent company, toured the National Incubation Center (NIC) facility in Islamabad. Following a brief pitch session by Jazz xlr8 and other NIC startups, Sergi, who before being named the co-CEO was leading new ventures, digital products and partnerships for the VEON group, participated in a conversation with the startups on innovation, leadership and the future of digital technologies.

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Messe Frankfurt’s upcoming Shanghai textile fairs in March to be postponed

The company announced that its three textile fairs in Shanghai will be postponed from March to a later date due to the Novel Coronavirus outbreak. This includes Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring and Intertextile Shanghai Home Textiles – Spring Edition which were due to be held in Shanghai from 11 – 13 March at the National Exhibition and Convention Center.

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KPT cargo handling updates

Karachi Port Trust has reported today cargo handling activities of Port during the last 24 hours ending at 0700 hours.

Ships Berthed    

04 Ships berthed at Karachi Port, their details are given below.

  1. JE JU ISLAND        CONTAINER SHIP
  2. MOL GRANDEUR        CONTAINER SHIP
  3. AMBER BEVERLY    GENERAL CARGO
  4. SM OSPREY        TANKER

 

Ships Sailed

06 Ships has sailed off from Karachi Port, their details are given below.

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SBP reserves increased by US$74 million

The total liquid foreign reserves held by the country stood at US$ 18,747.1 million on 14-February-2020. The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$ 12,504.7 million

Net foreign reserves held by commercial banks : US$ 6,242.4

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