Three-day Mai Kolachi family shopping and food festival opens at Karachi Admin Society

Attracting large number of families, three-day Mai Kolachi family shopping and food festival opened at office of Karachi Administration Society here on Friday. It is organized by the Karachi Administration Association in collaboration with the Talha De’ International.

Talking to media persons on its inaugural day, Chairman Karachi Admin Association Shaikh Khalid Noor and Vice Chairman Kashif Shah told that more than 55 stalls of jewelry, garments, food, furniture, kids products and play area are established in festival.

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Khushhalibank selects C SQUARE to deploy Genesys Customer Experience Management Solution and Avantage CRM

In its vision and aspiration to innovate and lead in the Customer Experience Management domain, Khushhali Microfinance Bank (KMBL) entrusted C Square to deploy Contact Center/CX Solution by Genesys and Avantage CRM, one of the best rated solutions globally. Given the changing customer expectations during this fast paced digital transformation in the banking sector, Khushhali Microfinance Bank realizes the need to provide prompt, reliable and quality customer service across all touch points.

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Govt. measures to improve formal economy are appreciated: 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 as per International Labour Organization, the informal economy is accounted for more than 70 percent of the employment in main jobs outside agriculture sector.

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Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$14,885.1 million on 01 February2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$ 8,192.5 million

  1. Net foreign reserves held by commercial banks : US$ 6,692.6 million
  2. Total liquid foreign reserves             : US$ 14,885.1 million

During the week ending 01 February2019, SBP reserves increased by US$38 million to US$ 8,192.5 million.

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FPCCI appointed Ghazanfar Ali Khan convener of standing committee on Automotive Engineering

Ghazanfar Ali Khan has been appointed Convener of Central Standing Committee of FPCCI on “Automotive Engineering”. According to notification released by President of Federation of Chambers of Commerce & Industry (FPCCI) Engineer Daro Khan Achakzai Ghazanfar Ali Khan appointed for the office and he will choose the nine members for the committee of related sectors.

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Philip Morris (Pakistan) Limited wins CSR awards for Education & Health

Philip Morris (Pakistan) Limited (PMPKL), an affiliate of Philip Morris International (PMI), has won the annual Corporate Social Responsibility award for the fourthconsecutive year, being recognized under ‘Community Development & Services’ for their Summer Schools Program, and ‘Women Welfare, Empowerment & Development’ for their Mobile Health Clinics Program, at the 11th International CSR Summit 2019, organized by the ‘National Forum for Environment and Health’ (NFEH).

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Cement despatches declined by 4.03 percent in first seven months of current fiscal

Cement sector posted double digit decline of 10.70 percent in growth in the month of January compared with corresponding month last year raising alarm bells among producers sitting on huge production capacity.Data released by the All Pakistan Cement Manufacturers Association (APCMA) reveals that the cement industry despatched 3.646 million tons in January 2019 against despatches of 4.083 million tons of the commodity despatched in January 2018.

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Thailand to expend trade volume with Pakistan

Thai Consul General Thatree Chauvachata has said that the efforts to expend bilateral trade with Pakistan were underway while he was addressing to Korangi Association of Trade & Industry (KATI). President KATI Danish Khan , Senior Vice President Faraz-ur-Rehman, Vice President Maheen Salman , Head of KATI’s Standing Committee on Diplomatic Affairs Massod Naqi, CEO& Chairman KITE Zubair Chhaya, Former President of KATI Syed JoharQandhari, Ehteshamuddin and Farrukh Mazhar welcomed the delegation led by Thai Consul General.

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Faysal Bank collaborates with CEIF IMSciences in Islamic Banking

Faysal Bank joined hands with the Institute of Management Sciences (IMSciences) department of Centre for Excellence in Islamic Finance (CEIF) for the promotion of Islamic Banking through funding their project “Islamic Banking Awareness, Scholarship, and Research”. The collaboration between Faysal Bank and IMSciences CEIF hopes to further develop Islamic banking research, education, and industry.

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PTCL launches Champions Program

To achieve excellence in the organizational culture, a company needs to provide a healthy & engaging work environment that motivates and encourages its employees by providing a platform that shows its appreciation for their hard work. A great example of this is the Champions Program, an in-house initiative taken by PTCL.

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