Safe, smooth travelling needed on Lahore-Gujranwala GT Road. Shoaib Ahmed Siddiqui

In line with the vision of the Prime Minister of Pakistan Mr. Imran Khan, and on the instructions of Federal Minister for Communications and Postal Services Mr. Murad Saeed, Federal Secretary for Communications Shoaib Ahmed Siddiqui paid a detailed visit to Lahore-Gujranwala section of Karachi-Lahore-Peshawar National Highway (N-5) He took stock of improvement works being carried out to ensure safe and sound travelling and discipline the traffic there.

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NHA taking measures for safe travelling in South Punjab – Shoaib Ahmed Siddiqui

In order to comply with the vision of the Prime Minister of Pakistan Mr. Imran Khan, and on the instructions of Federal Minister for Communications and Postal Services Mr. Murad Saeed, the Federal Secretary for Communications Shoaib Ahmed Siddiqui paid a comprehensive visit to the portion of Karachi, Lahore, Peshawar national highway (N-5) situated in Southern Punjab.

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Abu Dhabi Airports Free Zone launches One Stop Shop online portal

Abu Dhabi Airports Free Zone (ADAFZ) has launched a One Stop Shop (OSS) online portal, providing its customers with a convenient platform on which to conduct online business transactions.

The One Stop Shop https://oss.adafz.ae/ offers users an array of online services, including a company dashboard that provides access to employment visa related requests, letter and certificate requests, employment cards and access passes, registration services, and licensing services.

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Hamd-o-Naat event in Art Council

Arts Council and Kan Social Welfare Cultural and Literary Organization organized an event of Hamd-o-Naat and Virtues of Ramzan in Manzar Akbar Hall. Hafiz Usman Saani was honored with the recitation of Holy Quran in the beginning of event. Hamd was presented by Muhammad Zaka.

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Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$15,126.5million on 17May2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$8,057.6million

Net foreign reserves held by commercial banks : US$7,068.9million

Total liquid foreign reserves        : US$15,126.5million

During the week ending 17May2019, SBP’s reserves decreased by US$788 million to US$8,057.6 million, due to external debt servicing and other official payments.

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Ministry of Communications decides to control overloaded trucks from June 01, 2019

An important meeting in chair of Additional Secretary Communications Dr. Tashfeen Khan was held today in the Ministry of Communications in which recommendations of the special committee on overloaded trucks were reviewed in detail. Senior officers from National Highway Authority, National Highways and Motorway Police and National Transport Research Centre (NTRC) participated.

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NBP philanthropy works

Serving Hands Organization, & National Bank of Pakistan (NBP) in collaboration with Layari Development Authority (LDA), Karachi Union of Journalist (KUJ) InshAllah will organize its Ramadan Relief Free Medical Camp on Saturday, 25th May, 2019 from 9 a.m. till 4 p.m in LDA Sale Centre near Journalist Society Hwksbay scheme 42 bl-3A in Karachi.

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Interest rate hike to slowdown economy: 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 recently announced monetary policy is too aggressive. An interest rate hike of 1.5 percent by the central bank is over and below the expectations of the experts and the business community but it will choke the economic growth at this critical juncture, he said.

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TDAP to participate in Apparel Sourcing Paris

Trade Development Authority of Pakistan to participate at in Apparel Sourcing Paris 16 – 19 September, 2019 Paris Le Bourget, Paris, France Co located with Texworld & Leatherworld Paris. Apparel Sourcing at the moment is covering the whole garment and fashion accessories production.

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PSX: Market’s bailout relief rally!

According to a leading research house, the 100 Index continued its winning streak for the 4th consecutive session on the back of news flow that the government is contemplating the launch of market support fund on the lines of SEF (State Enterprise Fund) established in 2009.

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Implementation on Axle Load Limit on National Highways and Motorways from June 01, 2019 decided

According to Ministry of Communications, Government of Pakistan has decided to implement Axle Load limit on National Highways & Motorways as provided in National Highway Safety Ordinance-2000, from June 01, 2019. To this effect, a series of meetings were held between Ministry of Communications and representatives of Goods Transport Agencies and Truck Drivers Associations hailing from Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan.

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