Pakistan’s auto sector showcased at world’s leading automotive fair in Istanbul

Ten leading auto-parts manufacturers and exporters from Pakistan are showcasing their products in “Automechanika Istanbul,” the world’s 3rd largest automotive fair, being held on 4-7 April in Istanbul.

With the support of Trade Development Authority of Pakistan (TDAP) and coordination of the Consulate General of Pakistan in Istanbul, the Pakistani companies are showcasing their products at a custom-made Pakistan Country Pavilion with the theme of “Emerging Pakistan.” Participating Pakistani companies represent specialized auto-parts, tyres, tractor’s parts and equipment and related auto-accessories.

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Haleeb bags world branding award 2018-19

Haleeb Foods Ltd. (HFL), one of the leading food and beverages companies of Pakistan is proud to announce that their premium milk brand Haleeb has been presented “Brand of the Year” award in the World Branding Awards.  The World Branding Awards are the premier brand awards where the world’s best brands are recognized.

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ACCA Pakistan and FTAC support the women entrepreneurs

The Women in Finance Society of the Association of Chartered Certified Accountants (ACCA) Pakistan, in partnership with FTAC, organised an intensive training programme ‘Women in Business – Making Pakistan Prosperous’ for aspiring women entrepreneurs and finance professionals in Lahore.

Pak-China Joint Chamber of Commerce and Industry (PCJCCI), Technology Incubation Centre KICS, UET and Women Chamber of Commerce and Industry (WCCI) also collaborated in the event and were represented by their senior leadership.

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Pakistan: Domestic cement despatches decline by 6 percent during July – March 2019

Karachi, April 04: Cement sector, sitting on huge unutilized capacities, continued to suffer from lack of domestic demand due to slowing down in growth, lower development spending and delay in launch of government’s ambitious low cost housing scheme.

Cement consumption is usually at its peak in the month of March as construction activities peak due to pleasant weather and urgency in completing government’s development works within the financial year, however, total despatches in March 2019 declined by 6.7 percent to 4.340 million tons from 4.652 million tons in March 2018.

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KE’s receivables surge to PKR 158.8 billion

The outstanding receivables due to K-Electric (KE) have ballooned to a massive PKR 158.8 Bn on account of outstanding payments from various Federal and Provincial public sector entities including Karachi Water and Sewerage Board (KWSB) which owes PKR 31.9 Bn and miscellaneous others, said a statement released by the power utility on April 4, 2019 with reference to KE dues.

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Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$17,397.6 million on 29March2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan : US$ 10,492.0 million

Net foreign reserves held by commercial banks : US$ 6,905.6 million

Total liquid foreign reserves                  : US$ 17,397.6 million

During the week ending 29March2019, SBP received inflow of RMB 15 billion equivalent to US$2.2 billion as proceeds of the loan obtained by the government of Pakistan from China.

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New innovations in Oracle HCM Cloud Empowering HR to Reimagine the Workplace Experience

To help organizations keep up with the evolving expectations of the global talent economy, Oracle has announced new innovations to Oracle Human Capital Management (HCM) Cloud. The latest innovations make work simpler, smarter and more agile by helping organizations create personalized and on-the-go experiences for every user, from candidates and recruiters to HR professionals, managers, and employees.

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Abu Dhabi Airports receives ACI Airport Carbon Accreditation certificate

Abu Dhabi Airports has received a certificate from the Airports Council International (ACI) acknowledging Abu Dhabi International Airport’s (AUH) accreditation level of ‘reduction’ under the ACI’s Airport Carbon Accreditation program.

Mohammed Al Katheeri, SVP Strategy & Communications at Abu Dhabi Airports received the certificate during the ACI Asia-PacificWorld Annual General Assembly, Conference and Exhibition whichtook place in Hong Kong, on April3, and was attended by senior executives from the international airport industry.

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FPCCI photo news

Caption Picture:-

Group Photo of Dr. Mirza Ikhtiar Baig, Senior Vice President FPCCI with the participants of country study tour of 46th Common Training Program of Civil Services Academy Lahore led by Mr. Muhammad Ramazan, Director at Federation House Karachi.





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Karandaaz Pakistan partners with National Rural Support Programme for expansion of APCL

Karandaaz Pakistan and National Rural Support Programme (NRSP) signed an equity investment agreement for scaling up Agriculture Processing Company Limited (APCL) as an Agriculture value chain proposition for small-holding farmers. APCL aims to scale up opportunities for warehousing, financial inclusion, and the incidence of rural industrialization for small-holding farmers in the rice value chain.

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Karachi United Victorious at Aspire Academy

Karachi United’s Youth Academy U-11s and U-12s created history by beating Aspire (Qatar’s National Football Academy) in bilateral four matches’ series in Doha, Qatar. Coming on the back of a previous successful visit in 2017 which included famous Tunisian club, Etoile de Sportive and the recently concluded KU Standard Chartered Youth League which helps nurture talent from within Karachi’s communities, the team performance was recognized as outstanding.

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5th Pakistan Mega Leather Post Show Report