Magazine Features

American Embassy and PTA jointly hold seminar on financial inclusion & e-commerce opportunities

The U.S. Embassy Islamabad, in conjunction with the Pakistan Telecommunications Authority (PTA), hosted a day-long seminar on financial inclusion and e-commerce.  In addition to a panel discussion on financial inclusion in Pakistan, representatives from MasterCard spoke about how the company assists with establishing financial inclusion in other countries. 

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Shaheen Air signs agreement to offer discount for Silk Bank customers

Karachi: In line with its commitment of facilitating passengers, the second national carrier of Pakistan Shaheen Air International (SAI) has signed an agreement with Silk Bank to provide 9% discount to bank’s credit card holders on online purchase of tickets.

The signing ceremony was held at Silk Bank head office in Karachi where the Chief Marketing Officers of Shaheen Air Mr.

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Zong 4G continues its expansion nationwide

Karachi: In a prolific development, Pakistan’s largest telecom network Zong 4G has launched its operations in the port city of Gwadar, the future international business hub which has already seen foreign and local investment amounting in billions of dollars and rupees.

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SBP: Overseas Pakistanis remit US $16.25 billion in the first ten months of FY18

Overseas Pakistani workers remitted US $16257million in the first ten months (July to April) of FY18, showing a growth of 3.92 % compared with US $15643.97million received during the same period in the preceding year.

During April2018, the inflow of worker’s remittances amounted to US $1650.59million, which is 6.89% lower thanMarch2018 and 7.25%higher than April2017.

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A post Budget Seminar held at KATI

A seminar on the topic of “Is budget 2018 business friendly” was held at Korangi Association of Trade & Industry (KATI) and attended by a large number of industrialists. President of KATI Tariq Malik, SVP Salman Aslam, VP JunaidNaqi, Head of KATI’s Standing Committee on Seminars & Workshops Zaki Sharif, Chairman and CEO KITE DMC ZubairChhaya, Masood Naqi, former presidents of KATI and a larger number of industrialist community attended the seminar.

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National Tariff Policy (proposed) to improve competitiveness of Pakistan’s exports – Syed Mazhar Ali Nasir

Karachi: Syed Mazhar Ali Nasir, Senior Vice President and Chairman, Budget Advisory Council of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has hailed Pervaiz Malik, Commerce Minister and the Secretary Commerce, Mohammad Younus Dagha for incorporating the long outstanding demand of the business community in the (draft) National Tariff Policy to do away with the discrimination between the industrial importers and commercial importers of raw materials, intermediate goods and machinery as these are ultimately used in manufacturing activities and would reduce the cost of production of SMEs and production of export surplus at competitive cost. 

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Turkish Companies show interest in textile and food sector of Pakistan, CG told KATI

Karachi: Consul General of Turkey in Karachi Tolga Ucak said that Turkish companies are interested in Textile and Food sector of Pakistan. He was talking to a gathering on business community at Korangi Association of Trade & Industry (KATI). On this occasion President of KATI Tariq Malik, SVP Salman Aslam, VP Junaid Naqi, Zubair Chhaya, Gulzar Firoz and others were present.

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