KATI urges government to focus on oilseeds to cut trade deficit

Pakistan could overcome trade deficit to enhance edible oil production capacity in local industry, this is said by Umer Rehan, Vice President of Korangi Association of Trade & Industry (KATI) while talking to a delegation of traders. He told on this occasion that Pakistan become third largest importer of Palm Oil in the world which costs 2.5 bn USD annually and import of oil seeds has been hit to the level of 1.5 bn USD.Read the rest


Mrs. Sadia Rashid, President, Hamdard Foundation Pakistan and Pakistan Historical Society in her statement have expressed deep sorrow on the sad demise of renowned historian, educationist and politician, Dr. Hameeda Khoro, who died recently.

While praying for the eternal peace for the departed soul and solace for the grieving family, Mrs.… Read the rest

Indonesian CG urges business community to diversify exports

Consul General of Indonesia, Mr. Dempo Awang Yuddie has urged the Business and Industrial Community of Karachi to diversify their exports to Indonesia in order to improve their existing share in the Indonesian market. Speaking at a meeting during his visit to the Karachi Chamber of Commerce & Industry (KCCI), the Indonesian CG said that some traditional items including leather, rice, footwear, kinnows, cotton and textile products etc.… Read the rest

JazzCash to Digitize Transportation Payments with Daewoo Express

In line with its commitment to provide digital solutions to the needs of today’s customers, JazzCash has partnered with Daewoo Express. Under the agreement, travelers can now pay for their reserved Daewoo ticket through JazzCash. Talking about the partnership, Aniqa Afzal Sandhu, Chief Digital & Financial Services Officer – Jazz said, “This agreement allows Daewoo Express to offer payment convenience and security to its customers.… Read the rest

PTA demands removal of anomaly in incentive packages

Mr. Anjum Zafar, Chairman, Pakistan Tanners’ Association (PTA) in a statement stated that the leather sector of Pakistan, which is the 2nd biggest export oriented industry of the country still deprived in result of major omission/missed the export related H.S. Codes of FINISHED TANNED LEATHER such as 112.0000/4113.1000/4113.9000/4107.1200/41.07.9200/4107.9100/4302.1910/4302.1990 in the related SOR # 62(I)/2017 dated 02.02.2017 issued the Ministry of Commerce, Government of Pakistan in the wake of Incentive Package announced by the Honourable Prime Minister on 10.01.2017.Read the rest

Karachi Chamber’s Income Tax & Federal Excise Duty Sub-Committee

Chairman of Karachi Chamber’s Income Tax & Federal Excise Duty Sub-Committee, Imran Aftab has presided the first meeting of his Sub-Committee at Aiwan-e-Tijarat. In the Picture, President KCCI, Shamim Ahmed Firpo is seen addressing the meeting while Senior Vice President KCCI Asif Nisar, Vice President KCCI Muhammad Younus Soomro and others are also present at the picture.Read the rest


K-Electric has initiated construction of Port Qasim Grid Station along with 220 KV Double Circuit Transmission Lines with an estimated investment of US$ 71 million. The ground breaking of 220KV Port Qasim Grid Station, which spreads over an area of 11 acres, was performed by Dale Sinkler, Chief Generation & Transmission Officer, K-Electric today.Read the rest


Etihad Airways today announced the launch of “Runway to Runway,” a unique rewards program specially designed to support the fashion community’s international travel requirements.

Since announcing its fashion partnership with IMG in 2016, Etihad Airways has worked with the company and its fashion industry network to develop a bespoke membership program that offers specialized travel benefits.Read the rest

State Bank signed MOU with Nepal Rastra Bank

A Memorandum of Understanding (MoU) has been signed between State Bank of Pakistan and the Nepal Rastra Bank  – the central bank of Nepal to cooperate in the field of Supervision and Exchange of Supervisory Information. The cooperation between the countries, is in accordance with Basel Core Principles for Effective Banking Supervision.… Read the rest

Jazz’s commitment to corporate social responsibility rewarded by Pakistan Center for Philanthropy

Jazz has won the Pakistan Center of Philanthropy (PCP) Award for being the top giving telecom company in the field of Corporate Social Responsibility. This award was presented to Ali Naseer, Chief of Corporate and Regulatory Affairs – Jazz by the President of Pakistan, Manmoon Hussain at the 10th PCP Corporate Philanthropy Award ceremony.
Read the rest