PNSC Board of Directors in its meeting on September 21, 2016 has reviewed and approved its financial performance and position for the year ended June 30, 2016. Group After Tax Profit of Rs 2,323 million has been achieved during this year against Rs 2,116 million in the last year, Earnings Per Share for the Group increased to Rs 17.59 from Rs 16.02 in the corresponding last year.… Continue

Huawei’s flagship smart phone –Huawei P9 has succeeded to draw the attentions of the European Image and Sound Association (EISA) judges as they have recently awarded the Huawei P9 with the European Consumer Smart Phone award 2016-17. Huawei P9 has been attracting the critics and technology analysts due to its perfect camera features and extraordinary specifications.… Continue

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Korangi Association of Trade Industry (KATI) has announced unopposed election of 8 members of its Executive Committee. According to statement released by KATI Masood Naqi, Muhammad Salman , Gohar Naeem Khan, Najmul Arfeen, Usama Niazi, Umer Rehan and Shaikh Fazl-e-Jalil have been elected unopposed on the 8 vacant seats of Executive committee, for 2016-17.… Continue

Taking a major stride toward its financial inclusion goals in the country, Bank Alfalah has joined hands with Special Communications Organization (SCO) for the launch of its branchless banking service in Azad Jammu & Kashmir and Gilgit-Baltistan. A brand envisioned as ‘S-Paisa,’ Bank Alfalah’s branchless banking offering is aimed to empower more than 6 million people of Azad Jammu & Kashmir and Gilgit-Baltistan through state-of-the-art, convenient, and secure Branchless Banking service.… Continue

The Federal Minister for Finance Senator Mohammad Ishaq Dar chaired a meeting today to review the revenue collection targets and the preparations for the sales tax refunds in cases where RPOs have been issued up till 30^th June 2016. Chairman FBR Nisar Mohammad Khan briefed the Finance Minister about the latest revenue collection figures.… Continue

Advisor to Federal Ombudsman’s Regional Office Muhammad Yameen has said that National Bank is superior than all banks of the country, National Bank is not backward than anyone in the field of social welfare, services of NBP are better than other banks, he was addressing on the occasion of inauguration ceremony of ATM on 66th anniversary of National Bank.… Continue

In view of the requests and the huge interest shown by the perspective parties for acquisition of up to 40.25% in the share capital of Kot Addu Power Company (KAPCO), the Privatisation Commission has extended the date for submission of Expression of Interest (EOI) & Statement of Qualification (SOQ) Commission till October 20, 2016 by 4:00 PM latest.… Continue

Etihad Airways was named ‘Best International Airline – Offline’ at the 2016 Travel Agents’ Association of New Zealand (TAANZ) National Travel Industry Awards held in Auckland on 10 September. Voted for by the New Zealand travel industry, the award recognises the airline’s world-class product and service.… Continue

Pakistan earnestly needs to revive Industrialization through DFIs, Joint Ventures FDI to promote value added sector if industrial survival was required in highly competitive regime of China-Pakistan Economic Corridor. Muhammad Iqbal Tabish, newly appointed CEO of Pakistan Industrial Development Corporation (PIDC) who desired a leading role for Ministry of Industries and Production in CPEC initiative, stated this. … Continue

REVIVAL OF PAKISTAN MOVEMENT’S ENTHUSIASM AND CREATION OF NATIONAL PRIDE IN THE NATION STRESSED

Speakers at the meeting of Shura Hamdard Karachi chapter urged the government to start a programme on national level to infuse the masses with enthusiasm of Pakistan Movement and imbue them with national pride in order to promote unity, fraternity and solidarity among the people of Pakistan as some outer forces are trying hard to create hat and dissension among them.… Continue

American Ambassador David Hale officially launched the U.S. Mission to Pakistan’s new and improved website with an online greeting for all virtual guests.  In his message, Ambassador Hale invites everyone to the website to see “all of the different ways America and Pakistan are working together … and see how cooperation between our two nations makes our enduring partnership grow even stronger.” … Continue

Sindh Engro Coal Mining Company (SECMC) and Engro Thar Power Limited (EPTL) signed a Memorandum of Understanding with Wateen Telecom – Pakistan’s largest telecommunication service provider – for provision of Dedicated Internet, Data and Telecommunication services to SECMC and EPTL at their coal mining and power plant sites at Thar.… Continue

President Karachi Chamber of Commerce and Industry Younus Muhammad Bashir alongwith Consul General of the Republic of Indonesia Hadi Santoso cutting ribbon at the opening ceremony of Indonesia’s Solo Exhibition & Cultural Dance Performances at local shopping Mall.… Continue

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In line with its commitment to facilitate customers in every possible way, Bank Alfalah has partnered with Pak Suzuki Motor Company Limited (PSMCL) to offer ‘Finance Arrangement Program’ to their extensive customer base.

The program will cater to the evolving financial needs of mutual customers by delivering innovative solutions with value-added benefits.The… Continue

A press briefing was held to highlight the uniqueness of the World Islamic Finance Forum (WIFF) 2016, an international Islamic conference organized by Centre for Excellence in Islamic Finance (CEIF), IBA. Senator Mohammad Ishaq Dar, Minister of Finance would be the Chief Guest at WIFF 2016, a unique conference which will bring together researchers, academicians and practitioners for generating innovative ideas to stimulate Islamic Finance growth, while overcoming present day industry challenges.… Continue

A Jalsa of Eid Milad-un-Nabi (Peace be upon him) presided over by Dr. Navaid ul Zafar, Managing Director, Hamdard Laboratories (Waqf) and comprised speeches, na’at and salam, was held recently under the auspices of Hamdard Unity Workers Union at a hall, Nazimabad, Karachi.… Continue

President of Korangi Association of Trade & Industry (KATI) Zahid Saeed has urged that for industrial growth and promotion of investment in Sindh, the development process should be expedited in the province. He said that Sindh contributes more than half of Pakistan’s Industry and exports but the development ratio is not accordingly.… Continue

Shell Select at Askari filling station at Rashid Minhas Road has reopened its doors for customers with an exciting array of shopping choices. With an expanded range of convenience items, the store also houses popular brands like Pie in the Sky, Cold Stone Creamery, Meat One and GreenO along with ABL and UBL ATMs for quick cash withdrawal.… Continue

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Advisor to the Chief Minister Sindh on Labour & Human Resource Senator Saeed Ghani Said has said that labour issues could not be resolved without industrial growth, meaningful consultation will be taken on any lawmaking regarding labour and industry issues , we will resolve all issues within a year.… Continue

Engro and the World Wide Fund for Nature-Pakistan (WWF-Pakistan) have entered into a partnership for community development and fishery improvement.

Aiming to provide alternative livelihoods to fishing communities and reduce harmful fishing practices,the top management from both organizations, including Khalid Siraj Subhani – CEO & President, Engro Corporation; Syed Muhammad Ali – CEO Engro Vopak and Elengy Terminal Limited and Hammad Naqi Khan, Director General, WWF-Pakistan, inaugurated the two-and-a-half-year long initiative at a local hotel yesterday.… Continue