The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) held its Annual General meeting on December 29, 2018 at Federation House Karachi wherein the Election Commission announced the results of FPCCI Elections 2019. As per results of FPCCI Election 2019, Eng.… Read the rest
State Bank of Pakistan (SBP) has allowed the Authorized Dealers to effect advance payments up to USD 10,000/- per invoice on behalf of importers cum exporters for import of raw materials, accessories and spares.
Earlier, SBP had restricted the advance payment facility in July 2018 which was previously allowed to importers through Authorized Dealers.… Read the rest
Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has stressed that the PTI government must honor all its commitments made during a meeting with KCCI’s delegation on December 4, 2018 in Islamabad which was followed by another meeting with PM’s Advisor Razzak Dawood during his visit to Karachi Chamber on December 8, 2018.… Read the rest
Sui Northern Gas Pipelines Limited (SNGPL) organised an awareness walk recently in Federal Capital Islamabad in collaboration with Punjab Group of Colleges for Gas Conservation and control of Gas Theft during winter season. Federal Minister for Petroleum Ghulam Sarwar Khan along with Managing Director Amjad Latif led the walk on Energy Conservation.… Read the rest
Pakistan Telecommunication Company Limited (PTCL) has signed an agreement for PKR 4 Billion Unsecured Subordinated Debt Facility (Tier 2 capital) with U Microfinance Bank (U Bank), which is a wholly owned subsidiary of PTCL. This capital injection will enable the bank to further capitalize on the growth opportunities possible in Pakistan’s microfinance sector.… Read the rest
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 that the envoys conference organized by the government is appreciative as Pakistani ambassadors play vital role in the image building of the Country.… Read the rest
President Dr Arif Alvi said that aesthetic expression adds more value to a culture, by raising awareness in the society about social-justice and harmony, quality of life, patriotism etc. He stated that rich history of South Asia and the centuries old traditions of Pakistan have grown out of the world’s oldest civilizations like Mehrgarh, Mohen-jo-Daro and Harappa.… Read the rest
Jazz, Pakistan’s leading digital communications company launched Jazz Business World, a new Self Service Platform for its Corporate Customers. The platform is an all-in-one application that provides online customer account management and support solutions to all business users.
With this platform, Jazz aims to enable a new digital support channel to its corporate customers that offers convenience, flexibility, efficiency and transparency while managing their accounts and services.… Read the rest
MCB Bank, one of Pakistan’s largest & most innovative banks, has entered into an agreement with leading Saudi financial institution Bank Al Jazira (Fawri) for the facilitation of remittances to beneficiaries in Pakistan. Through the strategic partnership, MCB Bank will further facilitate overseas Pakistanis in Saudi Arabia to transfer remittances to Pakistan which can be received through more than 1,350 MCB Bank branches nationwide.… Read the rest
Global trade enabler DP World deepened its engagement with revolutionary new technologies, diversified its global business portfolio through investments and acquisitions worth US$3 billion and extended meaningful support to environmental initiatives around the world during 2018; achieving strategic growth in diverse fields.… Read the rest