Malaysia sees Pakistan as a special partner for Palm Oil – Malaysian Envoy Shamsul Iskandar bin Mohd. Akin

High level Malaysian delegation headed by the Honorable Datuk Seri Shamsul Iskandar bin Mohd. Akin, Deputy Minister of Primary Industries in Malaysia along-with the Secretary General of Malaysian Palm Oil Ministry and other high profile officials from Malaysian Palm Oil Board (MPOB) and Malaysian Palm Oil Council (MPOC) visited Karachi to attend the Pakistan Edible Oil Conference which is being was held on 19th January 2019 at Mövenpick Hotel, Karachi.

Read the rest

Special Representative Khalilzad’s visit to Pakistan

Special Representative for Afghanistan Reconciliation, Ambassador Zalmay Khalilzad, visited Islamabad from January 17-20, 2019 to follow up on discussions held in December.

Special Representative Khalilzad met with Prime Minister Khan, Foreign Minister Qureshi, Foreign Secretary Janjua, Chief of Army Staff Bajwa, and members of the diplomatic corps in Islamabad.

Read the rest

K-Electric Board elects Ikram Sehgal new Chairman

K-Electric (KE) Board of Directors has elected Ikram Sehgal as the new Chairman of the Board of Directors with immediate effect. The Board expressed its fullest appreciation to Tareen for his constructive leadership and contribution to the company’s successful turnaround. Outgoing Chairman, Tayyab Tareen, has served KE in many roles during his ten-year association with K-Electric including as CFO before being appointed CEO in 2014.

Read the rest

FATF’s satisfaction on Pakistan’s performance on AML and terror financing is encouraging.: 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 Friday said that Financial Action Task Force has showed satisfaction over Pakistan’s performance regarding countering money laundering and terror financing which is encouraging, however the threat of being blacklisted is still there.

Read the rest

Murtaza Wahab visits Arts Council of Pakistan

Information advisor for Sindh Government, Murtaza Wahab has said that Arts Council of Pakistan, Karachi and particularly president Arts Council of Pakistan Karachi has played a great role to provide the opportunity to the students to learn and polish their skills and utilize these skills in the real life.

Read the rest

DIG IT Sultan Khwaja called on KATI

DIG IT Sindh Police Sultan Ali Khwaja told that police offering a service of record verification of industrial workers, while addressing to a gathering of industrialists at Korangi Association of Trade & Industry (KATI). The DIG told that IT department of Sindh police already establish a complete records of hotels, and now working on the same for the private security agencies and arms dealers.

Read the rest

Next five years to bring prosperity in Pakistan: CJCSC

The next five years will bring new prosperity trends in Pakistan because of the security settlement inside and outside of the country has markedly improved, said Zubair Mehmood Hayat, Chairman Joint Chiefs of Staff Committee (CJCSC). Speaking as a chief guest at 18th CEO Summit Asia 2018, he said the unlimited possibilities will be emerged in the country not only internally in the country but it will go regionally and beyond though the potential and strength of the nation need to be untapped.

Read the rest

FPCCI crest to Waheed Ur Rehman Mian

Caption Picture:-


Engr. Daroo Khan Achakzai, President FPCCI presenting crest to Mr. Waheed Ur Rehman Mian, General Secretary UKPCCI on his visit to Federation House Karachi. Mr. S.M. Muneer, former President FPCCI and former CE TDAP, Mr. Muslim Mohamedi, Vice President FPCCI and Mian Muhammad Aziz Chan also seen in the picture.

Read the rest

Partnerships key to improving prosperity and economic development in Africa says DP World Chairman & CEO

The key to African economic emergence lies in removal of barriers, increased connectivity between nations and infrastructure development,  DP World’s Group Chairman and Chief Executive Officer, Sultan Ahmed Bin Sulayem, told African leaders and top executives in Dakar Senegal. “We be believe in the viability of Africa, we believe in investing in the continent during our investment in Senegal we improved efficiency and volumes 135 percent in 10 years,” Mr Bin Sulayem told the audience at the Africa Emergence Conference 2019 in Dakar Senegal.

Read the rest

FPCCI crest to Falak Naz

Caption Picture:-

Engr. Daroo Khan Achakzai, President FPCCI presenting crest to Mr. Falak Naz, DG Plant & Protection on his visit to Federation House Karachi. Dr. Mirza Ikhtiar Baig, Senior Vice President FPCCI, Mr. Arshad Jamal, Mr. Muslim Mohamedi, Vice Presidents FPCCI, Haji Jamal ud Din Achakzai, Shakeel Ahmed Dhingra, Usman Sheikh and other also seen in the picture.

Read the rest

Excellent potential of $10 bn annual trade lies between Pakistan & Turkey.: 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 Pakistan and Turkey are brotherly Muslim countries. Relations between the peoples and the governments of the two countries are based on a common cultural and religious heritage.

Read the rest

GIDC issue be resolved in consultation with FPCCI : Engr. Daroo Khan Achakzai

Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has urged the government to resolve the long outstanding issue of Gas and Infrastructure Development Cess (GIDC) in consultation with the key stakeholders and FPCCI – an apex body of trade & industry – so that the element of uncertainty that has been prevailing in both the investors – local and foreign – is removed and their confidence in the government policies is restored, a pre-requisite for the success of any scheme.

Read the rest

Pakistan’s liquid foreign reserves position

The total liquid foreign reserves held by the country stood at US$13,489.2 million on 11January2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan : US$ 6,901.2 million

  1. Net foreign reserves held by commercial banks : US$ 6,588.0 million
  2. Total liquid foreign reserves             : US$ 13,489.2 million

During the week ending 11 January2019, SBP’s reserves decreased by US$148 million to US$6,901.2 million, due to external debt servicing and other official payments.

Read the rest

Trade Chronicle Latest Edition

Subscription Rates

Annual Rs. 1,000/- and Foreign by Air Mail $75/-

Click here for Subscription