Karachi, February 25, 2016 (PPI-OT): In an internal meeting of the Board of Directors of Pakistan National Shipping Corporation (PNSC) has reviewed and approved the financial performance for ending half of calendar year 2015. The performance was well appreciated by the Ministry for Ports and Shipping Senator Kamran Michael on the occasion. The Minister was ...

Karachi, February 25, 2016 (PPI-OT): The first ever high profile computer hardware factory has started production in Korangi Industrial Area on Thursday. The President Korangi Association of Trade and Industry (KATI), Zahid Saeed inaugurated the assembly plant of OneApple. Tahir Rizvi, Regional Head (Asia Pacific) on this occasion said that this was high profile brand ...

Karachi, February 25, 2016 (PPI-OT): Bank Alfalah and Karandaaz Pakistan recently signed two agreements to collaborate and develop innovative, digital financial solutions in Pakistan. Under the first agreement, Karandaaz Pakistan will provide technical assistance to Bank Alfalah for the development of a digital strategy that will help the bank offer digital financial services to its ...

Karachi, February 25, 2016 (PPI-OT): The Quarterly Performance Review (QPR) of the Banking Sector for the quarter ended 31st December, 2015 released by SBP today highlighted that the asset base of the banking sector has registered an increase of 4.6 percent. A healthy growth of 7.8 percent in private sector advances (both seasonal and for ...

Karachi, February 25, 2016 (PPI-OT): In line with the Federal Government’s decision to implement the United Nations Security Council (UNSC) Resolution 2231 (2015) dated July 20, 2015 regarding lifting of sanctions against Iran, the State Bank of Pakistan has communicated to banks/FIs that previous sanctions on Iran have been removed and normal business activities can ...

Karachi, February 25, 2016 (PPI-OT): Minister of State for Petroleum and Natural Resources, Jam Kamal Khan is leading a delegation to Kazakhstan for participation in the second International Participants Meeting (IPM) to be held at Astana on 25-25 February. The delegation comprising Secretary TDAP Ms. Rabiya Agha Javeri, Ambassador of Pakistan, Abdul Salik Khan, and ...

Islamabad, February 25, 2016 (PPI-OT): President Mamnoon Hussain has said that business and industrialist community should strive to pave the way for economic prosperity and uplifting the standard of life of the people adding that the investors should capitalize from the lucrative economic policies of the government and play their part in raising the volume ...