Goods transport, fleet operators movement to hit hoarders hard: Mian Zahid Hussain

Senior Vice Chairman of the Businessmen Panel of FPCCI, President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA) and former provincial minister, Mian Zahid Hussain on Monday said the government has broken the back of hoarders and profiteers planning another artificial crisis by lifting ban on the movement of fleet operators and goods transporters.

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Byco puts its refining complex on “cold circulation”, due to lack of POL demand

  • Byco’s refinery can be re-started in matter of hours
  • The step is taken to reduce the current glut and create adequate space for locally produced crude and condensate.
  • Ministry terms Oil Refining as an Essential Service, guaranteeing free movement of all Refiners’ employees, transporters, vendors, and contractors

Byco Petroleum Pakistan Limited, Pakistan’s largest oil refinery by design and installed capacity, has been constrained to put its refinery on “cold circulation”, due to absence of demand for POL products.

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Huawei steps towards basic research

As nations across the Middle East develop their digital infrastructure, Charles Yang, President of Huawei Middle East, notes that some of the most important advancements this decade will be a result of breakthroughs in basic research.The strength of industry over the past 1,000 years has come from a consistent focus on what we call “basic research”.

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Huawei steps towards basic research

As nations across the Middle East develop their digital infrastructure, Charles Yang, President of Huawei Middle East, notes that some of the most important advancements this decade will be a result of breakthroughs in basic research.The strength of industry over the past 1,000 years has come from a consistent focus on what we call “basic research”.

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SBP implements regulatory approval system for ease of doing business

SBP has launched a Regulatory Approval System (RAS) for submission of cases related to foreign exchange policy and operations dealt by its Exchange Policy Department (EPD), SBP and Foreign Exchange Operations Department (FEOD), SBP-BSC respectively. SBP RAS, which has become operational from March 24th, 2020, provides an online platform to banks to interact with the SBP/SBP-BSC for submission of cases and receiving regulatory decisions.

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First Digital Pakistan Conference postpones due to Covid-19

 

Due to growing cases of Novel Corona Virus (Covid-19) and ongoing lockdown in most parts of Pakistan and other regions of the world, in the interest of the nation’s safety and supporting the directions of the Government, First Digital Pakistan Conference scheduled to be held on April 15, 2020 in Karachi has been postponed till further notice.

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