Minister for Information, Broadcasting and National Heritage (IB&NH) Senator Pervaiz Rashid on Friday while appreciating outgoing Secretary Information Syed Imran Gardezi said that he was a very efficient and honest officer who was retiring from the service with respect, honour and dignity.… Continue
Author Archive: Siddiqi
Dawlance Partners with Yayvo.com to Offer Discounts
In a bid to enhance online customer experience for its existing and potential customers, Dawlance the No.1 home appliance brand of Pakistan has partnered with retail delivery service Yayvo.com to offer exciting discounts. Online customers will be able to avail exclusive discounts on products such as microwave ovens, air-conditioners and other home/kitchen appliances.… Continue
Easypaisa introduces first ever Money transfer facility through Biometric Verification Devices
Easypaisa, Pakistan’s leading Mobile Financial Service provider has introduced the first ever Biometric Money Transfer facility on the extensive network of Easypaisa retailers across Pakistan. Customers using Mobile Financial Services had frequently requested for higher limits that catered to their financial needs.… Continue
KATI welcomes new CM Sindh
Petron in chief of Korangi Association of Trade & Industry (KATI) SM Muneer, President Zahid Saeed, Senior Vice President Saleem Uzzaman and Vice President of the Korangi Association Syed Wajid Hussain congratulated Murad Ali Shah for his election as Chief minister Sindh in a statement.… Continue
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Faysal Bank launches Titanium Card
One of the leading banks in Pakistan, the Faysal Bank Limited (FBL) has launched the Faysal Bank Titanium Card at a local hotel in Karachi today. It is developed for the affluent cadre of society. Mr. Fouad Farrukh, Head Retail Banking, Syed Iftikhar UL Haq, Head Consumer Finance, and Fahad Ullah Khan, Head of Unsecured Business, along with marketing and other management team members of FBL were also present at the launch ceremony.… Continue
Telenor and Careem announce partnership
In line with its commitment to facilitate customers’ lives, Pakistan’s premier telecom services provider Telenor Pakistan has joined forces with Careem to provide discounted rides to Telenor customers. Under the agreement, Careem will provide 35% discount to Telenor customers on their first ride.… Continue
Engro Powergen to train 200 locals
Engro Powergen Thar Limited and Descon Technical Institute (DTI), in a collaborated effort to make the Thar Dream come to life, signed an agreement on July 20th, 2016 to conduct on-site scaffolding training of 200 locals. This will serve as a great opportunity for the people of this region to become more involved with the Thar Coal Project which will be a game changer for Pakistan’s energy landscape and the people of the desolate region of Thar.… Continue
Iffat Gardezi for ‘Trade Plan’ to improve Pakistan-Netherlands trade, investment ties
Pakistan’s Ambassador to the Netherlands, Iffat Imran Gardezi has said that during her stay in the Netherlands as Pakistan’s Ambassador, she will be enthusiastically focusing on devising an effective “Trade Plan” with a view to promote Pakistani products and services which would result in improving the existing trade and investment ties between the two countries.… Continue
SECMC to hire local HTV drivers
Sindh Engro Coal Mining Company (SECMC) in support of its partners has initiated another landmark drive for the employment of experienced local HTV drivers for its mining project in Thar Coal Block II, in Sindh Province of Pakistan. This is part of their skill development campaign called, ‘Hunarmand Thar, Khushhaal Pakistan, says a statement issued by company.… Continue
PRODUCTIVE AND FRUITFUL ENGAGEMENTWITH SOCIAL MEDIA STRESSED
“Social Media is a double-edge sword, having both positive and negative effects; however, one cannot learn its effects and benefits through straight jacket. Other societies have already defined it benefits but Pakistani society not.” This was stated by Prof. Dr. Khalida Ghaus, Managing Director, Social Policy & Development Centre, Karachi, while she was addressing the meeting of Shura Hamdard Karachi Chapter, presided over by Justice (Rtd) Haziqel Khairi at a local hall on Thursday July 14, 2016.… Continue
Further delay in refunds release is not acceptable: KATI
President of Korangi Association of Trade & Industry Zahid Saeed, Senior Vice President Saleem-uz-Zaman and Vice President Syed Wajid Hussain said in a statement that any further delay in release of tax refunds will not be acceptable. The statement was a response of news regarding blockage of 100bn by FBR for refunds.… Continue
KPT rescued chemical tanker
A panama flag vessel “CHEMTRANS 1” was rescued by Karachi Port Trust (KPT) on Saturday 16th July and towed the ill fated vessel from 11 nautical miles from KPT approach channel under extreme monsoon weather and averted an eminent major disaster i.e… Continue
Pakistan Govt. announces incentives for shipping industry
Pakistan Government has granted exemption from custom duty, general sales tax and withholding of income tax on import of ships and all floating crafts including tugs, dredgers, survey vessels and other specialized crafts purchased or bareboat chartered by a Pakistani entity and flying Pakistan Flag.… Continue
KATI expressed deep sense of sorrow over the demise of Edhi
Petron in chief of Korangi Association of Trade & Industry (KATI) SM Muneer, President Zahid Saeed, Senior vice president Saleem Uzzaman, Vice President Syed Wajid Hussain and members of KATI’s Executive Committee expressed deep sense of sorrow over the demise of renowned social worker, Abdul Sattar Edhi, in a statement.… Continue
National Bank of Pakistan to Ensure Pensioners’ Facilitation
National Bank of Pakistan (NBP), says that its all branches remained open till 6 Pm on the 4th of July, 2016 to ensure all funds pertaining to pensioners are distributed effectively before start of Eid holidays. A press statement has clarified that news regarding shortage of cash at main branches and ATMs were false as customers of the bank were able to transact a total of PKR 79.6 crores from NBP’s widespread ATM network in the past 24 hours. … Continue
Karachi Port shows a record handling of 15.25% cargo during 2015-16
The accumulated imports and export cargo handling at Karachi Port during financial year ending closed at 50.05 million tons whereas in the previous financial year it remained at 43.42 million tons. It is an outstanding performance that the port has shown to record 15.25% more cargo handling during 2015-16.… Continue
KATI appreciates Historic Increase in foreign reserves
Petron in chief of Korangi Association of Trade and Industry (KATI) SM Muneer and President of the association Zahid Saeed appreciated The Federal Board of Revenue (FBR) for achieving tax collection target and welcomed the news of historic increase in foreign currency reserves.… Continue
Pakistan: Highest ever cement despatches during 12MFY16
Cement despatches to domestic markets during the month of June 16 increased by 9.2 percent to 2.96 Million Tons compared to 2.71 Million Tons during same month last year. The comparatively lower growth in June, 16 was mainly due to the holy month of Ramadan as construction activities slowdown in Ramadan. … Continue
Easypaisa School Fee Payment Solution
Pakistan’s first and largest mobile financial service, Easypaisa, has successfully launched the Easypay school fee payment solution to benefit educational institutes, students and parents through digitizing payments. With Easypay, Easypaisa enables parents and students to pay online with the convenience of choosing the payment option that best suits their need.… Continue
NIT launches NIT-Islamic Income Fund
NIT has launched NIT-Islamic Income Fund (NIT-IIF) w.e.f 04thJuly, 2016 during the holy month of Ramadan. The Fund has been introduced to meet the growing demand for Shariah Compliant Investment products. This is the Third Shariah Compliant Fund which has been added to the family of funds offered by the company.… Continue
IBP JOIN HANDS WITH BUSINESS CONTINUITY INSTITUTE – UK
The Institute of Bankers Pakistan (IBP) with a legacy of serving the industry for more than six decades in terms of building human capacity has now joined hands with Business Continuity Institute (BCI) – UK, the world’s leading institute for Business Continuity Management and Organizational Resilience.… Continue
Mobilink Outsources its Contact Centers to Ibex Global and Mindbridge
In a strategic decision, Mobilink has outsourced its contact centers in Islamabad and Karachi to Ibex Global, a wholly owned subsidiary of ‘The Resource Group’ (TRG) International and Mindbridge. The deal will see Ibex Global retain Mobilink’s current contact center staff on similar financial remunerations, and Mobilink has ensured that there will be no loss of jobs. … Continue
Bank Alfalah & Millat Tractors sing MoU
Mr. Atif Bajwa, CEO Bank Alfalah (left) and Sikander Mustafa Khan, Chairman, Millat Tractors Limited (right) at the MOU signing ceremony, which were signed between their respective companies. Bank Alfalah has partnered with Millat Tractors to provide innovative vendor financing solutions.… Continue