Federal Insurance Ombudsman building confidence among public to get speedy justice: President
President Dr Arif Alvi said the Federal Insurance Ombudsman was doing major work in building confidence among the general public to get speedy justice by following easy steps. The president said only few percent people knew about the ombudsman’s role mainly because of less marketing and awareness campaigns. Addressing a Seminar titled “Insurance Ombudsman and…
Adil Aziz
SMEDA to organize webinar on Amazon Private Label for SMEs
Small Medium Enterprises Development Authority (SMEDA) is going to organize a webinar on “Amazon Private Label for SMES” for profitable business growth on August 19 (Saturday). SMEDA under National Business Development Programme (NBDP) for SMEs, is offering free online awareness sessions on various e-commerce verticals through pre-qualified services provider M/S Extreme Commerce across Pakistan The…
Kyrgyz company sees promising investment opportunities in food sector
“Shoro,” expressed keen interest to explore potential investment avenues and collaborations within Pakistan’s vibrant food industry. A visiting delegation of Kyrgyzstan business community described Pakistan as a promising destination for investment, especially in the food sector. Zhumadil Egemberdiev, who is heading the delegation of a company “Shoro,” expressed keen interest to explore potential investment avenues…
Azerbaijan Airlines to launch direct flights to Pakistan from Sept 20
The national air carrier of Azerbaijan (AZAL) will launch the regular flights to Pakistan from September 20, 2023. Flights will be operated to the capital of Pakistan – Islamabad, as well as to its largest cities – Lahore and Karachi. These three cities are important historical and cultural centers of Pakistan which makes them very…
SECP Strikes Down Illegal Personal Loan Applications
In order to safeguard the public from falling into debt traps of illegal loan apps, the Securities and Exchange Commission of Pakistan (SECP), in coordination with Google, Apple and the PTA, has ensured removal of 120 illegal Loan apps that were previously available at Google and Apple Stores. The phenomenon of illegal personal Loan Apps…
FAO organizes ‘Baseline Validation workshop’
US Government and Pakistan had worked together for almost 75 years on issues of bilateral interest, including energy, economic growth, peace-building, health, and education The Food and Agriculture Organization of the United Nations (FAO), under the USAID-funded project “Livelihood and Food Security Improvement Activity” (LFSA), conducted a Baseline Validation workshop to validate the findings for…
Historic hike in petroleum prices is equivalent to adding fuel to the fire: Suleman Chawla
Mr. Muhammad Suleman Chawla, Acting President FPCCI, has strongly rejected the massive hike in the prices of petroleum products effective from August 16, i.e. petrol by 6.4 percent or PKR. 17.50 per liter to make it 290.45 & high speed diesel by 7.3 percent or PKR. 20.00 per liter to take it to 293.40 per…
KCCI asks govt. to withdraw hike in Petroleum Prices, electricity tariff
President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while expressing sheer dismay over exorbitant upsurge in petrol and diesel prices by Rs17.50 and Rs20.00 respectively, stated that this extraordinary increase in fuel prices was totally unbearable for all segments of society including the business & industrial community as it would open up…
Rupee weakens by Rs 3.43 against US Dollar
Pakistani rupee on Wednesday (August 16) witnessed a Rs 3.43 devaluation against the US dollar in the Interbank trading; closing at Rs 294.93 against the previous day’s closing of Rs 291.50. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs…
SIFC to continue working uninterrupted for fast-track foreign investment: PM
Caretaker Prime Minister Anwaar-ul-Haq Kakar said that the recently-instituted Special Investment Facilitation Council (SIFC) would continue to work as before to lay the foundations for fast-track foreign investments, particularly from Saudi Arabia. The prime minister, in a meeting with Saudi Ambassador Nawaf bin Saeed Ahmad Al-Malkiy, who called on him here, highlighted energy, infrastructure, agriculture,…