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Foreign exchange firms exempted from local remittance restriction

KARACHI: Foreign exchange companies are exempted from a restriction of taking a prior approval of the central bank to remit $10,000 or more from one... Read more

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Business community advised to invest in CHEC Port City Colombo

KARACHI: Assistant General Manager of CHEC Port City in Colombo, Sri Lanka Simon Tham has advised the business and industrial community of Karachi particularly those... Read more

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Pakistan Railways to increase goods trains charges by 20pc

ISLAMABAD: Pakistan Railways (PR) is all set to increase rates of freight trains by 20 percent following the increase in prices of petroleum products. The... Read more

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60th  Children’s Literature Festival scheduled for August 7th and 8th 2019

KARACHI: The 60th Children’s Literature Festival (CLF), a two-day programme will be held on August 7th-8th, 2019. Launched in November 2011, CLF is the largest... Read more

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ORIC-IoBM hosts a workshop on Qualitative Research

The Office of Research Innovation and Commercialization (ORIC) at the Institute of Business Management (IoBM) organized a two-day workshop on “Qualitative Research Methodology and Data... Read more

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Rs252.727mn approved for Software Export Board

ISLAMABAD: Board of Directors meeting of Pakistan Software Export Board (PSEB) approved the operational budget of PSEB for FY 2019-20 amounting Rs252.727 million. The meeting... Read more

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DRAP gears up for tighter market surveillance

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has created new posts for Drug Inspectors for efficient market surveillance. DRAP has taken concrete steps for... Read more

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Ministry of Industries plans capacity building program for SMEs

KARACHI: The Ministry of Industries and Production has planned a capacity building program for small and medium enterprises (SMEs) under National Business Development Program (NBDP)... Read more

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Thar Foundation to donate 100k saplings to Sindh Forest Dept. under Thar...

KARACHI: In a major push for increasing green cover, Thar Foundation – the CSR front for Sindh Engro Coal Mining Company (SECMC) & Engro Powergen Thar... Read more

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Delta Air Lines appoints Air Transport Activities as GSA in Pakistan

KARACHI: Delta Air Lines has appointed Air Transport Activities (Pvt) Ltd., part of the Avari Group, as its General Sales Agent (GSA) to strengthen the airline’s... Read more

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Italy to provide 20.5 million euro for economic transformation in...

ISLAMABAD: Italy and Pakistan have signed a agreement for Economic Transformation Initiatives, Gilgit-Baltistan amounting to 20.5 million euro. This is 28 years facility with 10... Read more

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Ministry of IT to collaborate with Huawei

ISLAMABAD: Ministry of IT will jointly work with Huawei for enhancement of national ICT plan and e-governance initiatives to improve governance and public service delivery... Read more

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Federal Cabinet appointed eminent financial expert Aamir Khan SECP Chairman

ISLAMABAD: The federal cabinet Friday approved appointment of eminent financial sector professional Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP). ... Read more

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Messe Frankfurt sets a new record of around €718 million sales in 2019

FRANKFURT: Messe Frankfurt, the largest player in the German trade fair industry is setting a new record of around €718 million sales in 2019, newsnreleases.com... Read more

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All 15 BMG candidates elected unopposed for KCCI’s managing committee term...

KARACHI: All candidates of Businessmen Group (BMG) have been elected unopposed for the Managing Committee of Karachi Chamber of Commerce & Industry (KCCI) for the... Read more

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MoU signed to establish NED Campus in Thar SECMC, NED and TCF inks an MoU

KARACHI: In pursuance of the announcement by the Government of Sindh, a NED University campus under the name of Thar Institute of Engineering, Sciences and... Read more

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Disappointing start to FY20, as automobile sales nosedive 37%in July 2019

KARACHI: Pakistan Automotive Manufacturers Association (PAMA) published monthly automobile sales data for July 2019 where passenger car sales in the country plummeted 42%YoY/26%MoM to 10,968... Read more

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BASF collaborates with government to improve safety in locust control in...

Karachi: BASF is collaborating with the Department of Plant Protection (DPP) and the Department of Agriculture Extension to increase safety awareness of locust control in... Read more

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Pak-Qatar Family Takaful distributes 28% Surplus for 2018! The only Takaful...

Karachi: Pak-Qatar Family Takaful Limited (PQFTL) has announced the distribution of 28 percent surplus among its Individual Family Takaful Participants (Direct Sales Force-DSF) for the... Read more

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FPCCI perturbed over proposed transfer of recently appointed DGTO during...

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed its concerns over the proposal sent by Ministry of Commerce to Prime... Read more

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