Six parties pre-qualify for the privatization of PIACL
The Board of the Privatization Commission decided to pre-qualify 06 interested parties for the divestment of Pakistan International Airlines Corporation Limited (PIACL). The 219th meeting of Privatization Commission Board was held under the chairmanship of Minister for Privatization and Chairman Privatization Commission, Abdul Aleem Khan.
Editor
PSX Lists International Packaging Films Ltd. with a Gong Ceremony
A gong ceremony was held at Pakistan Stock Exchange (PSX) to celebrate the listing of International Packaging Films Limited (IPAK). IPAK is a company pioneering and specialising in manufacturing of the five-layer Biaxially Oriented Polypropylene (BOPP) films used for the purpose of packaging. Specifically, it can be used for food and beverages packaging, garment bags and bagging overwrap, as well as printing pouching and strip packaging among other types of packaging.
Mehfooz
KCCI, SAI urge KE to fully restore electricity to Site industries
President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh and President Site Association of Industry (SAI) Mohammad Kamran Arbi, while expressing deep concerns over delays in restoration of electricity supply to industries in Site, stated that 07 days have passed so far since a fire incident occurred at Haroonabad Grid Station but K-Electric (KE) has failed to fully restore electricity supply to industries in site area, which has resulted in causing grave losses to industrialists.
IsDB Organizes four day, Country Procurement, financial management Workshop
The Islamic Development Bank (IsDB) organized a four-day financial management and integrity workshop to enhance the transparency, efficiency, and effectiveness of financial management and procurement processes in Pakistan.
Adil Aziz
Around 21,870 retailers register under Tajir Dost Scheme: FBR
Federal Board of Revenue (FBR) informed that a total of 21,870 retailers have been registered under the Tajir Dost Scheme by 30 May. According to the FBR data, around 17,569 retailers registered through Tajir Dost scheme while 4,301 registered other than this scheme.
Largest container vessel docks at South Asia Pakistan Terminals
In a significant milestone for the country’s maritime industry, the largest container vessel to date, MSC Anna, docked at the South Asia Pakistan Terminals (SAPT) on Wednesday (May 29).
FPCCI calls for a growth-oriented budget 2024-25 for trade, industry
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) called for a growth-oriented budget 2024-25 for the trade and industry and also prioritized export-led growth.
Visa Reinvents the Card, Unveils New Products for the Digital Age at Visa Payments Forum CEMEA 2024
Today at the annual Visa Payments Forum for Central and Eastern Europe, Middle East and Africa, Visa unveiled a suite of new products and services that will revolutionize the card and address the future needs of consumers, merchants and the financial institutions that serve them across the region. The way people pay and get paid has changed more in the past five years than in the last 50, and the latest innovations will bring new payment experiences to transform commerce and money movement spanning eCommerce, face-to-face in-store shopping, and seamless money transfers.
Southwest China launches new air cargo route to Pakistan
A new air cargo route was launched linking southwest China’s Guizhou Province and Pakistan’s largest city Karachi.
Pakistan’s regional exports surged by 20.61% from July-April-FY 23-24
Pakistan’s exports to the seven regional countries witnessed an increase of 20.61 percent in the first ten months of the financial year 2023-24.