Acting President FPCCI Shows Concern over the Performance of economy

Mr. Noor Ahmed Khan, Acting President of the Federation of Pakistan Chambers of Commerce and Industry has shown his serious concern over the missing targets of economic growth for FY19. He indicated that the current GDP growth rate at 3.3 % against the target of 6.2 % and negative growth rate in Large Scale Manufacturing (LSM) indicates very dismal performance of economy particularly in textile, Food, Beverage & Tobacco, Petroleum Products, Pharmaceuticals, Chemicals, Non-Metallic Mineral Products, Automobiles and Iron & Steel products.

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President FPCCI condemns attack on Army officers in North Waziristan

Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) strongly condemned the terrors incidents in North Waziristan wherein Army Officers and soldiers were martyred. He offered his deep condolence with the family members of martyred and other affectees and prayed Almighty to grant courage and fortitude to the bereaved families to bear the irreparable loss with equanimity.

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UIT Alumni organize Thalassemia awareness event



Usman Institute of Technology (UIT) affiliated with NED University of Engineering & Technology, Karachi, recently held an event organized by UIT Alumni, Mr. Tehseen Ahmed, Mr. Yasir Ahmed and Mr. Saifullah Khan. The event was collaboration with the Help Transform Welfare Organization (HTWO) and Sahira Foundation to raise awareness about Thalassemia, a blood disease that is on the rise in Pakistan.

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PSX: Pre-Traumatic stress disorder!

Unlike local research house earlier expectations, the 100 Index failed to find any support in today’s session and traded sharply lower amid shrinking market participation as concerns on upcoming budgetary measures (implementation of stringent austerity measures aimed at improving fiscal management and revenue mobilization) kept the market in Risk Off mode.

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Carsten Spohr new IATA Board Chairman

The International Air Transport Association (IATA) announced that Lufthansa Group Chief Executive Officer, Carsten Spohr, has assumed his duties as Chairman of the IATA Board of Governors (BoG) for a one-year term effective from the conclusion of the 75th IATA Annual General Meeting in Seoul, Republic of Korea.

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Airlines urge governments to adhere to global slot allocation guidelines

The International Air Transport Association (IATA) 75th Annual General Meeting (AGM) unanimously approved a resolution on slot policy, to reaffirm the importance of a harmonized global airport slot system and called upon governments to urgently address capacity shortages.

More than 200 airports worldwide are Level-3 slot coordinated, meaning that they have insufficient capacity to meet current demand.

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Airlines commit to improve travel for passengers with disabilities

The International Air Transport Association (IATA) 75th Annual General Meeting (AGM) unanimously approved a resolution to improve the air travel experience for the estimated one billion people living with disabilities worldwide.

The AGM confirms the commitment of airlines to ensuring that passengers with disabilities have access to safe, reliable and dignified travel, and calls upon governments to use IATA’s core principles for accommodating passengers with disabilities.

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