President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of and former provincial of Mian Zahid Hussain on Wednesday said that inflation is increased by 1 percent to 5.2 pc in June as compared to 4.2 pc in May 2018.

Khushhali Microfinance Bank’s successful micro-entrepreneurs received acknowledgement at 12thCiti-PPAF Micro-entrepreneurship Awards Ceremony held to celebrate the achievements of outstanding micro entrepreneurs across Pakistan. These awards are given to individuals who demonstrate courage and resilience to overcome distressing circumstances and establish successful businesses.

Overseas Pakistani workers remitted US $19622.62million duringFY18 showing a growth of 1.4% compared with US $19351.36million received during the same period in the preceding year. During June2018, the inflow of worker’s remittances amounted to US $1594.41million, compared to US $1771.21 million during May 2018.

A four member bench, headed by Hon’ble Chief Justice of Pakistan Mr. Justice Mian Saqib Nisar and comprising other Hon’ble Judges Mr. Justice Faisal Arab, Mr. Justice Ijaz Ul Ahsan and Mr. Justice Munib Akhtar heard the CMA No.6155/2018 in Constitution Petition No.57/2016 (Advertisement by UBL and HBL regarding raising of Funds for Diamer Bhasha and Mohmand Dam by the government of Pakistan.).

The American Embassy launched two new English Access microscholarship programs on Wednesday – one at Sir Syed Public School in Rawalpindi and another implemented by Vision Building Future at Pakistan Sweet Home.  Over 350 students will benefit from this program.

At the opening ceremony, John Hoover, the American Embassy’s Chargé d’Affaires, expressed the American government’s ongoing support for educational partnerships in Pakistan. 

Real GDP maintained its upward trajectory, exhibiting a 13-year high growth of 5.8 percent in FY18. Benign inflationary environment and improved law and order situation boosted business sentiments, resulting in higher credit offtake especially for fixed investment. However, this improved economic growth came amid widening twin deficits, which pose challenges for sustainability of the growth momentum, noted SBP’s Third Quarterly Report on The State of Pakistan’s Economy released today.

The National Incubation Center (NIC) Islamabad, Pakistan’s premiere technology hub, held an open house session for all those who aspire to be a part of its fourth cohort. The open house was an open to all, information session with speakers from Ignite – National Technology Fund, Jazz and Teamup, informing the participants about the vision, mission and the future of the NIC in Pakistan.

The National Incubation Center (NIC) Islamabad, Pakistan’s premiere technology hub, held an open house session for all those who aspire to be a part of its fourth cohort. The open house was an open to all, information session with speakers from Ignite – National Technology Fund, Jazz and Teamup, informing the participants about the vision, mission and the future of the NIC in Pakistan.

Shell Pakistan has introduced its new Shell V-Power fuel with Dynaflex Technology in Pakistan in a ceremony held at the Pearl Continental Hotel, Karachi. The new Shell V-Power is an innovative new premium formulation designed now with Dynaflex Technology that has 5 times the molecules that reduce engine dirt and friction.

President Pakistan Businessmen and Intellectuals Forum (PBIF President AKIA, Senior Vice Chairman of the Businessmen Panel of and former provincial of Mian Zahid Hussain on Monday said that chief justice measures for banning taxes on mobile recharge and reduction in petroleum prices and now construction of new dams to curtail the water scarcity problems are highly appreciative.