President of Federation of Pakistan Chambers of Commerce & Industry Zubair F. Tufail has appointed Ghazanfar Ali Khan as Chairman of FPCCI’s Standing Committee on Pakistan Vietnam Business Council (PVBC) for the year of 20017.

In the notification it is also said that Ghazanfar Ali Khan, MD Mehran Commercial Enterprise was serving on this slot since four years and had performed tremendously.

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No congestion at port: KPT

Pakistan main sea port – Karachi Port Trust (KPT) has categorically stated that there is no cargo congestion at port and there is no justification to impose surges. The port authority has taken this note following apprehension shown by Pakistan International Freight Forwarders Association (PIFFA) and Federation of Pakistan Chambers of Commerce & Industries intimated that Shipping Lines have planned to impose Port Congestion Surcharge on import consignments arriving at Karachi Port’s private terminals (KICT & PICT).

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National Debt Retirement Program-Repayment of Deposits under NDRP-II

State Bank of Pakistan in their statement today recalled that Government of Pakistan launched National Debt Retirement Program (NDRP) with a view to discharge the ever increasing national debt liabilities. Amounts in NDRP were to be accepted from an individual, firm, company, body and institutions etc.

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NHA executive board approves widening and up gradation of JAGLOT-SKARDU road

The Executive Board of the National Highway Authority has approved the project for widening and up-gradation of Jaglot-Skardu strategic road during a meeting held at NHA head office today with Chairman Shahid Ashraf Tarar in the chair. The meeting was informed that 164 km road will be completed at a cost of Rs.

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Wathra assures to look into possibility of reviving SBP-KCCI Import Export Committee

Gov
ernor State Bank of Pakistan (SBP) Ashraf Mahmood Wathra has assured that SBP will look into the possibility of reviving SBP-KCCI Import Export Committee as the Karachi Chamber, being the most important chamber of Pakistan represents the largest city and plays a vital role in the economic activities of Pakistan.

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Pak-Qatar Takaful Group Posts Rs. 123 million net profit in 2016

Pak-Qatar Takaful Group has posted a net profit after tax of Pakistan Rupees 123 million in 2016. The Group’s Takaful funds also recorded the aggregate net surplus of Pakistan Rupees 196 million during the period that ended on December 2016, the company said after a recent meeting of its Board of Directors in Doha.

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Khushhali Microfinance Bank to overhaul Core Banking and Digital Platform with Temenos & NDC

Khushhali Microfinance Bank has announced that they have signed an agreement to acquire the leading Core Banking System by Temenos (the software specialist for banking and finance). The system will be implemented by National Data Consultant (NDC) a specialized Fintech solution provider and Temenos Certified Partner in the MEA region.

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