Pakistan resumes limited domestic flight operations from May 16

Pakistan Minister for Aviation Ghulam Sarwar Khan on Friday said that domestic flight operations will resume from tomorrow (May 16) after a nearly two-month-long suspension.

In a video message, Sarwar said that the decision was taken during a National Command and Operation Centre (NCOC) meeting while keeping “the difficulties of people in mind”.

Read the rest

Budget should not focus on enhancing revenue but growth, Says Mian Zahid Hussain

FPCCI’s Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the budget-making process amid crisis will be a challenge for the government.

The upcoming budget should be a traditional one but a modern document to provide some relief to the masses.

Read the rest

SBP reduces interest rates to 8%

At its meeting on 15th May 2020, the Monetary Policy Committee (MPC) decided to reduce the policy rate by 100 basis points to 8 percent. This decision reflected the MPC’s view that the inflation outlook has improved further in light of the recent cut in domestic fuel prices.

Read the rest

Haleeb Foods appoints Syed Mazher Iqbal as CEO

The Board of directors of Haleeb Foods Limited (HFL) appoints Syed Mazher Iqbal as CEO effective April 2020; Mr. Iqbal is a certified director and a fellow member of the Institute of Chartered Accountants of Pakistan. Mr. Iqbal brings to HFL over three decades of senior management experience of local and multinational companies including manufacturing concerns as well as commercial and investment banks.

Read the rest

Asia Fruit Logistica reschedules to November 20

Asia Fruit Logistica is rescheduling to 18-20 November 2020 in Singapore to ensure a successful trade show for every exhibitor and visitor coming from all over the world. “We’ve come to this decision after a long, detailed, and very careful assessment of the situation with our exhibition venue partner and the authorities in Singapore as well as with key people in the international fresh produce business,” says Will Wollbold, Commercial Director of Global Produce Events (GPE), the organiser of ASIA FRUIT LOGISTICA.

Read the rest

Gas & Oil Pakistan to introduce electric vehicle charging facilities

Gas & Oil Pakistan Limited (GO), the fastest growing Oil Marketing Company (OMC) in Pakistan has announced that it has become the first OMC in Pakistan to introduce Electric Vehicle (EV) charging facility at its retail outlets.

The first of these EV chargers, made by ABB Italy, the Swiss-Swedish multinational, has been installed at GO’s Company Owned & Operated Outlet, COCO-3 near the Expo Centre in Lahore.

Read the rest

QR Payments – Safe and Practical

The Coronavirus pandemic has forced us all into self-isolation. Undoubtedly, carrying out day to day activities has become quite inconvenient, but strictly following social distancing practices is of the utmost important right now considering the pace at which the virus is spreading.

Read the rest

Contracts awarded for Diamer Basha dam construction, consultancy services

In the wake of a meeting presided over by Prime Minister Mr. Imran Khan couple of days ago about water security and construction of mega dams including Diamer Basha Dam Project, all efforts are underway by the Pakistan Water and Power Development Authority (WAPDA) to ensure timely mobilization of the contractor and effective follow up on Diamer Basha Dam Project.

Read the rest

Shell Pakistan offers free fuel coupon to NDMA

Mr. Imran Qureshi representative of Shell Pakistan Ltd, met Chairman NDMA Lt. Gen. Muhammad Afzal in Islamabad today.

During meeting, Shell Pakistan part of its corporate social responsibility (CSR) offered NDMA free fuel coupon to support the efforts against spread of COVID-19 Pakistan.

Read the rest