Overseas Pakistanis remit US $5.4 billion in the first three months of FY19

Overseas Pakistani workers remitted US$ 5419.51 million in the first three months (July to September) of FY19, showing a growth of 13.14% compared with US$ 4790.01 million received during the same period in the preceding year. During September 2018, the inflow of workers’ remittances amounted to US$ 1452.43 million, which is 28.70% less than August 2018 and 12.25% higher than September 2017.

Read the rest

KATI welcomes World bank delegation

A delegation of World Bank called on Korangi Association of Trade & Industry (KATI) and briefed about Yellow Line Bus project. President KATI Danish Khan, Chairman& CEO KITE Zubair Chhaya, Senior Vice President Faraz-ur-Rehman and Vice President Maheen Salman welcomed the WB delegation of Urban Transport Specialists including Said Dahdah, Hassan A.

Read the rest

Telenor Pakistan and Telenor Microfinance Bank join hands with BISP to facilitate its beneficiaries

Continuing their pursuit to the shared mission of empowering the Pakistani society, Telenor Pakistan and Telenor Microfinance Bank have partnered with the Benazir Income Support Program (BISP) to facilitate its beneficiaries across Pakistan in several ways that include creating business opportunities, granting microcredit, and extending support in education and health in the long run.

Read the rest

NHA strives to realize road building projects

Senate Standing Committee on Communications met today under chairmanship of Senator HidayatUllah. Federal Secretary Communications Mr. Shoaib Ahmed Siddiqui, Chairman NHA Mr. Jawwad Rafique Malik and Senior officers from Ministry of Communications and National Highway Authority attended.

It was apprised to the committee that 509 officers in grade 17 to 22 are serving in NHA.

Read the rest

DP World starts construction work of multi-purpose Berbera port in Somaliland

Construction work on the development of the multi-purpose Berbera port in the Republic of Somaliland has started with a special ground-breaking ceremony to mark the occasion. H.E. President of the Republic of Somaliland, Muse Bihi Abdi and DP World Group Chairman and CEO Sultan Ahmed bin Sulayem launched the first phase of work and thanked attending government officials and partners for their support at the start of a new era of growth for the country.

Read the rest

Deputy Chairman Senate holds meetings with Parliamentary delegation heads attending 3rd MSEAP

Mr. Saleem Mandviwalla, Deputy Chairman Senate, who is leading a Parliamentary delegation to the 3rd Meeting of the Speakers of Eurasia Countries’ Parliaments (MSEAP), had bilateral meetings with the heads of delegations of Indonesia, Thailand, and Bosnia & Herzegovina. Pakistan delegation includes Senators Mohsin Aziz, Khush Bakht Shujat, Naseebullah Bazai, and Members National Assembly Junaid Akbar and Arbab Amir Ayub.

Read the rest

Teradata unveils new approach to analytics market

In the nearly 40 years since its founding inside a Brentwood, Calif. garage in 1979, Teradata has grown to become the dominant cloud-based data and analytics company, serving the largest and most visionary enterprises in the world. Meanwhile, “analytics” has become a $200 billion industry, fueled by speed, scale, and competition within the rising digital economy.

Read the rest

KPT hosts World Maritime Day Conference

KPT hosted World Maritime Day Conference at a local hotel today. The inaugural session and the technical sessions were chaired by Minister for Maritime Affairs Syed Ali Haider Zaidi which was attended by stakeholders belonging to the maritime sector, more specifically the ports and the shipping sector. 

Read the rest

Trade Chronicle Latest Edition

Subscription Rates

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

Click here for Subscription