Magazine Features

KCCI invited to participate in International Mayors’ Conference in Houston

President of Houston Karachi Sister Cities Association (HKSCA) Muhammad Saeed Sheikh has invited Karachi Chamber of Commerce & Industry (KCCI) to participate in the International Mayors’ Conference scheduled to be staged in Houston in the month of July 2019. The invitation for attending the said conference was presented during the visit of HKSCA delegation to KCCI which was accepted by President KCCI Junaid Esmail Makda who assured to look into the possibility of sending KCCI’s delegation to Houston to not only participate in the Mayors’ Conference but also explore more avenues of enhancing trade and investment cooperation by holding maximum number of business-to-business meetings with their counterparts in Houston.

Read the rest

Pakistan’s liquid foreign reserves falls

The total liquid foreign reserves held by the country stood at US$13,837.8 million on 28December2018.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan : US$ 7,287.5 million

Net foreign reserves held by commercial banks : US$ 6,550.3 million

Total liquid foreign reserves                  : US$ 13,837.8 million

During the week ending 28 December2018, SBP’s reserves decreased by US$170 million to US$7,287.5 million, due to external debt servicing and other official payments.

Read the rest

PM arrives in Turkey on two-day official visit

Prime Minister Imran Khan Thursday arrived in Turkey on two-day official visit, at the invitation of Turkish President Recep Tayyip Erdogan. As he landed at the airport in Konya city, he was warmly received by governor and deputy mayor of Konya, Pakistan’s ambassador in Turkey and senior officials of the embassy, a PM Office statement said.

Read the rest

Datacheck Issued Commencement Certificate by State Bank Pakistan

“In accordance with the provisions of the Credit Bureau Act 2015, and following an extensive process of assessment, the State Bank of Pakistan has issued a Commencement of Business Certificate to DataCheck Limited on January 02, 2019.

DataCheck commenced credit bureau operations in 2001 and is the first and foremost privately operated credit-reporting agency in Pakistan.

Read the rest

Government should offer easy loans to investors for livestock sector: Mian Zahid Hussain

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said that livestock sector contributes to 59 percent of agriculture’s production and 12 percent of country’s overall GDP.

Read the rest

DHA Quetta to be developed on modern Lines: Brig Javed

The Real Estate and Business community showed keen interest in the project upon which he assured that DHA Quetta will be launched very soon. The event was organised at DHA Golf & Country Club Karachi by CORPORATE ESTATE & ASSET MANAGEMENT along with the Land providers to Introduce DHA QUETTA Which will be the first ever DHA project in the province of Balochistan.

Read the rest

FPCCI Crest to Naveed Bukhari

Engr. Daro Khan Achkzai, President FPCCI is Presenting Crest to Mr. Naveed Bukhari, Chairman UBG Canada. Mr. S.M. Muneer, former President FPCCI and former CE TDAP and Dr. Mirza Ikhtiar Baig, Senior Vice President FPCCI also seen in the Picture.



Read the rest