Magazine Features

Mian Zahid Hussain urges effective planning to relocate Chinese industries

President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Friday said relocating Chinese sunset industries will improve Pakistan’s GDP by 10 percent annually, however it is important to make immediate arrangements to accomplish this relocation.

Read the rest

Shaheen Air to operate all flights from new Islamabad international airport

Shaheen Air International (SAI), the second national carrier of Pakistan, will begin all Islamabad inbound and outbound flights from the new Islamabad International Airport (IIAP) starting from the inauguration of the new Airport on Thursday, May 3, 2018. Pakistan Civil Aviation Authority (PCAA) have conveyed that the operationalization of IIAP will be on May 3, 2018 at 1000 hours so that now all Shaheen Air flights will operate from new Islamabad airport for its operations whether inbound or outbound from May 3rdand onwards as per PCAA directives.

Read the rest

Pakistan’s liquid foreign reserves position

The total liquid foreign reserves held by the country stood at US$17,545.5million on 13April2018.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$11,379.6million

Net foreign reserves held by commercial banks: US$6,165.9million

Total liquid foreign reserves            : US$17,545.5 million

During the week ending 13April2018, SBP’sreserves decreased by US$58million to US$11,546million, due to external debt servicing and other official payments.

Read the rest

MCB Bank and TCS enter into alliance for mutually beneficial services

MCB Bank Ltd, one of Pakistan’s largest private sector banks, has entered into an agreement with one of the country’s largest logistics services providers TCS Pvt. Ltd. for mutually beneficial services. With the collaboration, MCB customers will gain access to affordable holiday packages to premium destinations worldwide through TCS Intiana Travel and Tours services.

Read the rest

Engro Fertilizers “Aam Aadmi Nahin” recognized at PAS Awards 2018

Engro Fertilizer’s campaign “Aam Aadmi Nahin” has recently been recognized at the PAS Awards 2018 – an initiative of Pakistan Advertisers Society– under the category of Agriculture and Related Industry. The award-winning campaign sheds light on the lives of our nation’s farmers, our real heroes who despite facing struggles and hardships showcase immense resilience, and embrace each day with fresh hope.

Read the rest

Telenor presents ‘Motorcycle Girl’, an adventure based on the life of motorcyclist, Zenith Irfan

‘Motorcycle Girl’, a biopic on the achievements of Zenith Irfan, the first female biker to take a solo journey to Pakistan’s northern areas, was premiered in Karachi. Showcasing the feat of a young girl challenging stereotypes, the movie fits perfectly with Telenor’s brand philosophy of empowering Pakistanis so that they become the better version of themselves.

Read the rest

The Promise and Peril of Transformational Technology

By Chuck Hollis, senior vice president of cloud infrastructure at Oracle.

Every now and then, something comes along that fundamentally changes the way the world works. The microprocessor ushered in general-purpose computing. A DARPA research project became the internet. And smartphones permanently altered how we live our personal and professional lives.

Read the rest