Karachi: A high powered delegation will leave for Delhi on 11th April, 2012. The delegation will be headed by Minister of Commerce Makhdoom Amin Faheem and comprising of Secretary Commerce Zafar Mahmood, CEO, TDAP Tariq Puri, Federal Advisor Textile Dr. Mirza Ikhtiar Baig and large number of leading businessmen. TDAP is organizing Life Style Pakistan […]
Islamabad: Mr. S. M. Farhad, Chairman, FPCCI Standing Committee on Young Entrepreneurs along with other members met with Mr. Yaseen Anwar, Governor, State Bank of Pakistan, on April 6, 2012, at SBP, Karachi. Mr. S. M. Farhad showed his serious concern on devaluation of Pak currency and high inflation rate in the country. The members […]
Islamabad: Private sector-led growth and job creation is essential for reviving the economic recovery as private sector is by far the biggest contributor to GDP and the leading employer in the country. The country has a significant untapped economic potential that could be exploited through the development of its private sector, Yassar Sakhi Butt, President […]
Islamabad: Dr. Marilyn Wyatt, wife of U.S. Ambassador to Pakistan Cameron Munter, joined Academy Award winner Sharmeen Obaid-Chinoy in calling for an end to acid attacks and other violence against women during a panel discussion today at the Higher Education Commission. The panel discussion, attended by an audience of more than 150 university students and […]
Islamabad: Mirza Abdul Rehman, Vice President, FPCCI, will be the Acting President of FPCCI, during the visit abroad of Senator Haji Ghulam Ali, President FPCCI, from 10th April to 12th April, 2012. Mirza Abdul Rehman is a prominent businessman of Pakistan and represents Attock Chamber of Commerce and Industry on the Executive Committee of FPCCI. […]
Islamabad: Mr. S. Muneer, President, India-Pakistan Chamber of Commerce and Industry (IPCCI) has hailed the visit of Mr. Asif Ali Zardari, President of Pakistan to India. Mr. Muneer said that the visit was a positive sign and reflection of the desire of Pakistan that it would like to have very cordial and friendly relationship with […]
Islamabad: The Attock Chamber of Commerce and Industry (ACCI) on Tuesday said that decisions taken in the second National Energy Conference are good but difficult to implement. Energy Conference is a positive development but some of the decisions will be difficult to implement which calls for finding alternate steps, it said. Speaking to business community, […]
Islamabad: Traders of Islamabad on Tuesday rejected decisions taken in the second National Energy Conference and threatened to launch civil disobedience movement if the proposed steps were imposed. The decisions are political, unilateral and contrary to the ground realities while stakeholders were not taken into confidence, said Malik Sohail, VP National Traders Alliance. Speaking at […]
Rawalpindi: Despite weather hazards, rescue work continues at Gayari. A total of 452 person including 69 civilians are employed on relief efforts. 2 Dozers, 2 JCB (Earth Mover), 3 Excavator and 2 dumpers are working day and night on the site. Five points have been identified on the site where rescue work is in progress. […]
Karachi: HSBC has decided to scale back its Asian operations with Pakistan among the markets it is exiting (others include Bangladesh, Brunel Darussalam, Macau, N. Zealand, Philippines and Sri Lanka). According to AKD Securities, news reports indicate that several local players including MCB, UBL and KASBB are interested in acquiring HSBC Pakistan operations while AKD […]
Karachi: April-12 MPS: “Wait and see” stance likely to continue Macroeconomic concerns continue to centre on fiscal account weakness Although GoP managed to contain 1HFY12 fiscal deficit to 2.5%, meeting FY12 fiscal deficit target of 4.7% remains a tall task. According to Elixir Securities Limited, it is important to note here that 2.5% fiscal deficit […]
Karachi: Economic Coordination Committee (ECC) of the federal cabinet approved new “low British Thermal Unit (BTU) gas policy 2012”, to set the tariffs at USD 8.57 per mmbtu and setting the prices of petroleum products after every fifteen days on Friday. According to Alfalah Securities Limited, the approval of Low Btu Gas Policy 2012 would […]
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