Business

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Irish Dairy Delegation has keen to invest in Pakistan’s Dairy sector

Irish Dairy Delegation has keen to invest in Pakistan’s Dairy sector

Pakistan’s rising appeal as an investment destination, a prominent delegation from Ireland’s dairy sector recently met with representatives of the Islamabad Chamber of Commerce and Industry (ICCI) to explore potential avenues for investment in the nation’s dairy sector. This visit, accompanied by the Board of Investment of Pakistan, underscores the global recognition of Pakistan’s dairy potential.

Need to devise legal framework to control shipping lines

Need to devise legal framework to control shipping lines

President KCAA Arshad Khurshid requested Karachi Chamber to approach the government for safeguarding the interests and rights of traders, customs agents and all other stakeholders by devising the desperately needed legislation’s to regulate shipping lines and terminal operators who have been fearlessly and highhandedly demanding exorbitantly high charges due to lack of regulatory framework.

EFU Life, Easypaisa, Roche unveil an innovative “Cancer Cover Plan

EFU Life, Easypaisa, Roche unveil an innovative “Cancer Cover Plan

In honor of World Breast Cancer Day, easypaisa, EFU Life Assurance Ltd., and Roche joined forces to unveil an innovative “Cancer Cover Plan.”

PTCL collaboration with Nokia to transform its nationwide optical ultra-long-haul network

PTCL collaboration with Nokia to transform its nationwide optical ultra-long-haul network

PTCL Group, a leading telecommunications service provider in Pakistan, has announced its collaboration with Nokia to transform its nationwide optical ultra long-haul network to deliver an astounding 15 Terabits per second (15T) capacity, setting a new benchmark for network scalability and performance in Pakistan.

Chinese company TGOOD and the REC Group of Pakistan sign MoU to establish EV charging stations across Pakistan

Chinese company TGOOD and the REC Group of Pakistan sign MoU to establish EV charging stations across Pakistan

A leading Chinese company TGOOD and the REC Group of Pakistan signed a memorandum of understanding in Beijing aimed at promoting environmentally friendly electric vehicles (EVs) in Pakistan.

SBP imposes penalty of over Rs.83 Million on 4 banks 

SBP imposes penalty of over Rs.83 Million on 4 banks 

State Bank of Pakistan imposed fines of over Rs.83.157 million on four commercial banks during July- September 2023 on the charges of violation of regulatory instructions pertaining to foreign exchange, general banking operations and customers’ due diligence.

KCCI is the rejected hike of gas tariff by ECC

KCCI is the rejected hike of gas tariff by ECC

The Karachi Chamber of Commerce & Industry and all seven industrial town associations of the city, while unanimously terming the extortionate hike in gas tariffs for export-oriented and general industries as ‘unviable, unacceptable & unfeasible’, vociferously appealed Prime Minister and his cabinet not to accept ECC’s decision of such a huge increase in gas tariffs and consider bringing gas tariffs to a level where these become viable and absorbable so that the wheels of industries in Karachi keep spinning.

Special Export Processing Zone Planned in Karachi: Younus Dagha

Special Export Processing Zone Planned in Karachi: Younus Dagha

The Special Investment Facilitation Council (SIFC) is considering to establish a special export processing zone on the land of 15,000 acres near Pakistan Steel to boost the industrial activities in the commercial capital mainly through a proposed allocated land for Small and Medium Sized (SMEs) businesses.

Pakistan’s Rice exports decline by 164,525 MT in FY-23

Pakistan’s Rice exports decline by 164,525 MT in FY-23

Over the past three months, the Basmati rice exports registered a growth of 20.48 per cent as 134,839 metric tons of Basmati rice, valued at $131.611 million.

Mobilink Bank signed a strategic partnership with BMA Capital

Mobilink Bank signed a strategic partnership with BMA Capital

Mobilink Bank has signed a strategic partnership with BMA Capital Management Limited, one of the oldest and top financial groups in Pakistan, welcoming the company as a ‘Brand Ambassador Organization’ to help diversify revenue streams and boost business bottom lines for both organizations. Mobilink Bank aims to enhance customer journeys through this partnership and help enable sustainable business growth.