KCCI Chief appeals immediate relief in electricity bills by tomorrow
President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf has said that although the Caretaker Prime Minister convened an urgent meeting on Sunday wherein the concerned authorities were directed to devise concrete measures within 48 hours to alleviate extraordinary burden of inflated electricity bills but the Karachi Chamber was under tremendous pressure being…
Adil Aziz
Pakistan earns US $947 Million from travel services’ export during FY 2023: PBS Report
The country earned US $947.040 million by providing different travel services in various countries during the fiscal year 2022-23. This shows a growth of 74.68 per cent as compared to the US $542.170 million worth same services provided during the corresponding period of the last fiscal year 2021-22, the Pakistan Bureau of Statistics (PBS) reported….
BMG, KCCI Leadership term unbearable electricity tariff as ‘un-viable’
The Leadership of Businessmen Group and Karachi Chamber of Commerce & Industry (KCCI), while referring to Caretaker Prime Minister’s meeting scheduled in Quetta on Sunday (August 27) with representatives of Power Sector, stated that the Karachi Chamber once again strongly protests the unbearable rise in electricity tariff as it was neither affordable for common man…
Jubilee Life Insurance And Telenor Pakistan To Facilitate Insurance Access
Under this collaboration, insurance products from Jubilee Life will be directly integrated into the Apollo app Jubilee Life Insurance, Pakistan’s largest private sector insurance company, has signed an MOU with Telenor Pakistan, one of the country’s largest telecommunications service providers to bring unprecedented ease and accessibility for health and life insurance services. Under this collaboration,…
Scottish Minister for International Development to support trade linkages with Pakistan & FPCCI: Suleman Chawla
Mr. Muhammad Suleman Chawla, Acting President FPCCI, has apprised that Ms. Christina McKelvie, Scotland’s Minister for Culture, Europe and International Development, has expressed Scottish Government’s commitment to promote bilateral trade; B2B linkages; investments & joint ventures and cultural exchanges with Pakistan. Mr. Chawla highlighted that a high-profile delegation of FPCCI’s Pak – UK Business Council…
SECP issues first ever Shariah Compliance Certificates to 2 REITs
The Securities and Exchange Commission of Pakistan (SECP) has issued the first-ever certificate of Shariah compliance to two Estate Investment Trusts (REITs), namely Signature Residency REIT and Rahat Residency REIT. Earlier this year, in pursuance of Pakistan’s Federal Shariah Court (FSC) judgement, where in the FSC directed the government to facilitate all lending activity under…
President directs insurance company to pay Rs 2 Million with profit to policyholder
President Dr Arif Alvi has directed a private insurance company to refund Rs 2 million along with profit for six years to a policyholder who was wrongly issued multiple insurance policies with huge annual premiums instead of just one policy. The president gave these directions while rejecting a representation filed by Pak Qatar Family Takaful…
Mobile app launched to address citizens’ complaints on medicines’ availability
Caretaker Minister for Health Dr. Nadeem Jan launched a mobile application featuring information on the availability of drugs and receiving complaints from citizens in case of a shortage of any medicine. Addressing the launching ceremony, the minister said that the citizens can submit their complaints related to medicines with the Drug Regulatory Authority of Pakistan…
Rupee sheds 78 Paisa against US Dollar
Pakistani rupee on Friday (August 25) witnessed a 78 Paisa devaluation against the US dollar in the Interbank trading and closed at Rs 301 against the previous day’s closing of Rs 300.22. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at…
PTCL & ChildLife Foundation join hands to save children through Telemedicine Facility
Pakistan Telecommunication Company Limited (PTCL) and ChildLife Foundation have partnered to provide telecom services for the remote Tele-medicine facility in more than 200 Tele-medicine satellite and emergency centers across Pakistan. Zarrar Hasham Khan, Group Chief Business Solutions Officer, PTCL & Ufone 4G and Dr. Ahson Rabbani CEO, ChildLife Foundation, chaired the ceremony recently held at…