PBIF lauds budget 2019-20: 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 Thursday lauded the annual budget terming it visionary and reflective of the vision of PTI.

Read the rest

Book of Perveen Shakir’s Poetry launched in Jeddah

After a series of launches and events in Pakistan (Karachi, Lahore, Islamabad) during March 2019, the book ‘Defiance of the Rose: Selected Poems by Perveen Shakir ‘published by Oxford University Press travels to Jeddah, Saudi Arabia, where the translator Naima Rashid has been residing for the past thirteen years.

Read the rest

Pakistan Autos: High prices/FED continue to dent auto volumes in May’19

·         Pakistan’s Auto industry sold 17,874 units in May’19, down 18%yoy/8%mom, taking the 11MFY19 volumes to 223,070 units, down 7%yoy. While inflationary pressure is the fundamental reason behind depressed numbers, 10% FED on cars above 1,700cc has disproportionately placed the tax burden on such cars, leading to sharpest decline in HCAR’s sales.

Read the rest

Heat Wave First Response Initiatives set up across Karachi

Pakistan Met department issued a heat wave warning last week, predicting that temperatures in the city may soar to as high as 42 degrees in the coming days, and advised all stakeholders to take preventive measures. These stakeholders, which include Pakistan Rangers, the Provincial Disaster Management Authority (PDMA) and SINA – a designated first response center – are also playing their role in assisting the city administration in its summer preparedness.

Read the rest

Prof. Dr. S. Masum Tirmizi, Ex-V.C. KU, passes away

Professor Dr.S. Masum Ali Tirmizi,Ex-Vice-Chancellor of University of Karachi and Father of Renowned Expert in Energy sector Asim Tirmizi passed away at a private hospital in the early hours of Wednesday. Namaz-e-Janaza of Dr. Masum Tirmizi will be held at the Mosque of Karachi University at 1:30 PM after the Zohar Prayer on Thursday, June 13, 2019.

Read the rest

KPT handled the deepest 15.4 meters draught vessel at port

Karachi Port Trust (KPT) handled a deepest draught vessel of 15.4 meters for the first time at deep draught berths of South Wharf (SAPTL). The handling of this Singaporean flag vessel “APL CHONGQING” has taken place at South Asia Pakistan Terminal under the personal command and supervision of Deputy Conservator KPT Captain Asif Ahmed Tauni.

Read the rest

Pak-Qatar Family Takaful Launches Family Sehat Plan

Pak-Qatar Family Takaful, Pakistan’s first and largest Takaful Company proudly announces the launch of its Family Sehat Plan. It is considered among the first Individual health Takaful plan available across Pakistan in over 60 cities.

This launch is aligned with Pak-Qatar Takaful group vision of providing financial protection through Takaful to everyone.

Read the rest

4th China South Asia Business Forum addressed by President FPCCI

The Business Community of Pakistan perceives China as a time-tested friend and a very important partner in its Economic Development of Pakistan. The involvement of Chinese enterprises, both in terms of technical and financial assistance in several projects of Pakistan is reflective of our cordial relations based on mutual interest, unstinting confidence and sincerity.

Read the rest

Indus Motors announces extension of Vehicle Warranty Period

The Indus Motor Company has announced that it has revised and extended its warranty policy for Toyota vehicles. The previous 50,0000KM (2 years) is now 100,000KM or 3 years for its Toyota customers.

The new 100,000KM or 3 years warranty (whichever comes first) policy will be significant to Toyota vehicles which are booked and delivered based on the latest price tariff implied from April 20, 2019.

Read the rest

Haleeb Foods celebrates Eid with Rizq Foundation

Haleeb Foods one of the leading food and beverages companies of Pakistan joined hands with Rizq Foundation this Eid to spread happiness and play its part towards a Hunger Free Pakistan. Under this initiative Haleeb Foods donated 12,000 packs of its most nutritious and deliciously flavored milk FLAVA to be distributed amongst the not so privileged people of our society.

Read the rest

Acting President FPCCI Shows Concern over the Performance of economy

Mr. Noor Ahmed Khan, Acting President of the Federation of Pakistan Chambers of Commerce and Industry has shown his serious concern over the missing targets of economic growth for FY19. He indicated that the current GDP growth rate at 3.3 % against the target of 6.2 % and negative growth rate in Large Scale Manufacturing (LSM) indicates very dismal performance of economy particularly in textile, Food, Beverage & Tobacco, Petroleum Products, Pharmaceuticals, Chemicals, Non-Metallic Mineral Products, Automobiles and Iron & Steel products.

Read the rest

President FPCCI condemns attack on Army officers in North Waziristan

Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) strongly condemned the terrors incidents in North Waziristan wherein Army Officers and soldiers were martyred. He offered his deep condolence with the family members of martyred and other affectees and prayed Almighty to grant courage and fortitude to the bereaved families to bear the irreparable loss with equanimity.

Read the rest

UIT Alumni organize Thalassemia awareness event

Usman Institute of Technology (UIT) affiliated with NED University of Engineering & Technology, Karachi, recently held an event organized by UIT Alumni, Mr. Tehseen Ahmed, Mr. Yasir Ahmed and Mr. Saifullah Khan. The event was collaboration with the Help Transform Welfare Organization (HTWO) and Sahira Foundation to raise awareness about Thalassemia, a blood disease that is on the rise in Pakistan.

Read the rest

Trade Chronicle Latest Edition

Subscription Rates

Annual Rs. 1,000/- and Foreign by Air Mail $75/-

Click here for Subscription


6th Pakistan Mega Leather Show