Tremendous opportunities under GSP Plus should not be missed: Dutch Ambassador

Ambassador of the Netherlands Ms. Jeannette Seppen has stressed that the GSP plus granted by European Union offers tremendous opportunities to Pakistan and the Netherlands which should not be missed. “We can only encourage Pakistani traders to work closely with the government and all other stakeholders in the field of trade to ensure that all 27 conventions attached to GSP Plus are really implemented.

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PESA rebrands itself to VOP

The Pakistan Ex-servicemen Association (PESA) has decided to change its name to Veterans of Pakistan (VOP) following the worldwide practice but its objectives will remain unaffected. According to the details, at the Annual General Body Meeting of PESA it was unanimously approved to follow the worldwide practice of using the term ‘VETERANS’ instead of Ex-Servicemen for retired personnel of armed forces.

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Commissioner Karachi says four schemes for industrial areas approved

Commissioner Karachi Ejaz Ahmed Khan has said that development schemes for Industrial Areas of the city, approved by CM Sindh Murad Ali Shah, will be implemented till January next year. While addressing a meeting at Korangi Association of Trade & Industry (KATI) he told that four associations representing their industrial areas have presented the plans for their needed projects, we are waiting it from other industrial areas the same and willing to start work on these schemes from the January next year.

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KATI is willing to play role for industry’s partnership in CPEC

President of Korangi Association of Trade & Industry (KATI) Masood Naqi has said that country’s private Industry is willing to play its role in CPEC as a partner. In a statement released by KATI Naqi also said that CPEC is a game changer for the region , it is now become the biggest attraction for Foreign investment, which would not only provide the employment opportunities and will also speed up industrialization in the country.

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PRBC to send high powered delegation to Romania in May 2017: Sohail Firpo

Chairman of Pakistan Romania Business Council (PRBC) Sohail Shamim Firpo has informed that PRBC was planning to send a high-powered delegation to Romania in May 2017 to explore more opportunities of enhancing the existing bilateral trade between Pakistan and Romania. Sohail Firpo, who was accompanied by all the Directors of PRBC during his visit to Karachi Chamber, expressed his eagerness to utilize all available resources, make collective and all-out efforts to raise the existing trade volume between the two countries. 

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State Bank Annual Report Release: Reforms and Active Private Sector Participation Can Boost Economic Growth

State Bank of Pakistan released its Annual Report on the State of Economy for the year 2015-16 today. According to the Report, Pakistan’s economy maintained its momentum towards a higher growth trajectory in FY16, as higher infrastructure spending by the government and decades low interest rates provided a boost to domestic demand.

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Hamdard Karachi chapter urges the government to hold regular elections of local bodies

Speakers at the meeting of Shura Hamdard Karachi chapter urged the government to hold regular elections of local bodies on appointed hour in order to evolve new leadership in the country. The meeting was held yesterday on the theme: “The foundation of political parties should be laid on socio-economic welfare of the masses”, presided over by Justice (Rtd) Haziqul Khairi at a local hall.

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KATI sees inclusion of automotive part in FTA with Thailand a threat to local industry

Vice President of Korangi Association of Trade & Industry (KATI) Mohammad Ghazanfar Ali Khan said that Free Trade Agreement (FTA) with Thailand could cause damage for local Automotive Parts Manufacturing industry. Ghazanfar Ali, who also chairs the standing committee of KATI for Automotive, said this in a meeting with auto part manufacturers.

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