Pakistan’s Liquid Foreign Reserves Position

Pakistan foreign reserves has been further declined due to due to external debt servicing and other official payments, says central bank statement issued today. According to State Bank of Pakistan, the total liquid foreign reserves held by the country stood at US$13,996.1 million on 30 November2018.

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Telenor becomes Pakistan’s First 4.5G Network

Yet another industry-first for Telenor Pakistan as it launches cutting-edge 4.5G technology in Karachi, Lahore, Rawalpindi and Islamabad showing unrelenting commitment to empower Pakistan through a high speed data network that enhances customer experience. Sigve Brekke, CEO, Telenor Group who is visiting Pakistan on a 4-day agenda inaugurated 4.5G by placing the first call over this advanced LTE network.

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Farmers protest against ‘Sin’ Tax

The Senior Vice President of Sarhad Chamber of Agriculture in KPK, FazalElahi Khan strongly condemned the announcement of imposing Sin Tax on tobacco by the Minister Health. He was referring to the announcement made by Federal Minister for Health, who said that he will submit the bill for implementation of Sin Tax on tobacco and cigarettes in the parliament soon, and the tax collected will be spent on improvements in health-related sector.

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DP World closes acquisition of 100% shares of Unifeeder Group

Unifeeder’s platforms for hinterland connectivity and multimodal logistics to strengthen DP World’s position as global trade enabler

Global trade enabler DP World today announced the successful closing of the acquisition of 100% of the Unifeeder Group (“Unifeeder”), an integrated logistics company with the largest and best-connected feeder and growing shortsea network in Northern Europe with connectivity to approximately 100 ports.

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Abu Dhabi International Airport becomes first transport hub to harvest energy and data from passengers’ footsteps in Middle East

Abu Dhabi International Airport has officially announced the launch of an interactive walkway which converts the footsteps of travellers into off-grid electricity and data.

Abu Dhabi Airports has commissioned Pavegen, the award-winning UK clean-tech company, in collaboration with Masdar (Abu Dhabi Future Energy Company) to construct a 16-square metre energy harvesting walkway.

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New investment in automotive sector is commendable: 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 the in the backdrop of Pakistan’s investment friendly automotive development policy, Pakistan is considered as the best destination for investment in this sector.

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Junior Foreign Diplomats visited FPCCI

Caption

 

A Group picture of Junior Foreign Diplomats visit at Federation House Karachi.

Mr. Tariq Haleem, Vice President FPCCI, Syed Ibne Abbas, Director General Foreign Service Academy along with Junior Foreign Diplomats from different countries are also seen in the picture.

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Secretary MOC chaired meeting with consultants

Federal Secretary Communications Mr. Shoaib Ahmad Siddiqui chaired a meeting in the Ministry of Communication today with the leading Consulting Firms of the country; engaged in various projects with National Highway Authority (NHA) and National Transport Research Centre (NTRC).

Chairman National Highway Authority Mr.

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PM to award FPCCI trophies to best exporters

“The Honorable Prime Minister of the Islamic Republic of Pakistan Imran Khan Niazi will distribute FPCCI Awards on best performance in different areas of exports to about 50 Exporters during the 42nd FPCCI Export Award Ceremony on December 17, 2018 at Jinnah Convention Center Islamabad” in the presence of Parliamentarians, Bureaucrats, Foreign Diplomats, Prominent Businessmen, Social Elites etc”.

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