Category: News from Business Sector

This category covers all News from Business Sector

State Bank of Pakistan announce rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profit thereon

Karachi, August 16, 2013 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on August 19, […]

International Council of Small and Medium Enterprises felicitates Small and Medium Industrial Leasing Estates (Private) Limited for Facilitating Warehouse Receipt Financing

Karachi, August 16, 2013 (PPI-OT): The International Council of Small and Medium Enterprises (ICSMEs) felicitated the Small and Medium Industrial Leasing Estates Pvt Ltd (SMILE) for their appointment as facilitators and collateral managers and making new waves in collateralize post harvest financing for grains and commodities for the traders. The ICSMEs complimented SMILE for their […]

Uzbekistan keen to promote bilateral trade with Pakistan: Envoy

Islamabad, August 16, 2013 (PPI-OT): Uzbekistan considers Pakistan an important country of this region which is emerging as an attractive market and is keen to promote bilateral trade with it because the two countries have huge potential to improve trade and economic relations. This was said by H.E. Mr. Parviz M. Aliev, Ambassador of the […]

37th Federation of Pakistan Chambers of Commerce and Industry Export Awards: Last Date for submission of applications extended to 31st August, 2013

Islamabad, August 15, 2013 (PPI-OT): In view of number of requests received from Business Houses, for extension in the last date for submitting of applications, because of Ramadan and reduced Office and Banking hours and heavy raining and devastating Flood across Pakistan, especially in Punjab and KPK, the Federation of Pakistan Chambers of Commerce and […]

Islamabad Chamber of Commerce and Industry for promoting foreign investment to revive economy

Islamabad, August 15, 2013 (PPI-OT): Pakistan is losing attraction for foreign investment due to which economy is suffering and government should take urgent measures to attract more foreign investment which is very important to revive the economy, said Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry while chairing a meeting of ICCI Sub-Committee on […]

Haroon Agar emphasizes exploring the untapped South American, African and Central Asian markets

Karachi, August 13, 2013 (PPI-OT): Karachi Chamber of Commerce and Industry’s President Muhammad Haroon Agar has emphasized to explore the untapped South American, African and Central Asian markets besides focusing on North American and EU trading blocs. Exchanging views with Anwar Lall Mohamed, Advisor to the President of the Republic of Suriname, he stated that […]

Islamabad Chamber of Commerce and Industry bids adieu to Maldives High Commissioner

Islamabad, August 12, 2013 (PPI-OT): President, Islamabad Chamber of Commerce and industry, Zafar Bakhtawari hosted the customary farewell Dinner in honour of outgoing High Commissioner of Maldives, Dr Aishath Shehnaz Adam who has left for her homeland after completing four year of committed services in Pakistan. This reception was graced by more than forty Ambassadors, […]

Current increase in electricity tariff will adversely affect Poor People: Lasbela Chamber of Commerce and Industry

Lasbela, August 07, 2013 (PPI-OT): “The enormous increase of 74% in the electricity tariff for commercial and industrial sector will directly affect the poor people of the country because of negative impact on the prices of consumer items” This was stated by the Members, Lasbela Chamber of Commerce and Industry in a Press Release issued […]

Federation of Pakistan Chambers of Commerce and Industry concerned over rise In Power tariff

Islamabad, August 07, 2013 (PPI-OT): Mr. Zubair Ahmed Malik, President of the Federation of Pakistan Chambers of Commerce and Industry has strongly opposed the massive raise in electricity tariff up to 74 percent and termed it as a murder of Trade and Industry of Pakistan. He also said that this act of the new government […]

Islamabad Chamber of Commerce and Industry felicitates Ch. Muhammad Sarwar on his appointment as Governor Punjab

Islamabad, August 06, 2013 (PPI-OT): A delegation of Islamabad Chamber of Commerce and Industry led by its President Zafar Bakhtawari and accompanied by Munawar Mughal former President ICCI and Baber Chaudhry called on Chaudhry Muhammad Sarwar at Lahore and congratulated him on taking oath as the 35th Governor of the Punjab. The delegation also participated […]

Arif Suleman appointed Chairman Pakistan-Thailand Business Council of Federation of Pakistan Chambers of Commerce and Industry

Islamabad, August 06, 2013 (PPI-OT): The Federation of Pakistan Chambers of Commerce and Industry has appointed Mr. Arif Suleman as Chairman of Pakistan-Thailand Business Council of FPCCI. Mr. Arif Suleman is the Honorary Trade Advisor for Government of Thailand in Pakistan. He has over three decades of association with Thailand and is the only Pakistani […]

State Bank of Pakistan and Small and Medium Enterprises Development Authority vow to work together to create synergy for unleashing true potential of SMEs through provision of demand driven financial products

Lahore, August 06, 2013 (PPI-OT): A meeting was held between Mr. Yaseen Anwar, Governor State Bank of Pakistan and Sardar Ahmad Nawaz Sukhera, CEO Small and Medium Enterprises Development Authority (SMEDA) on August 1, 2013 at the State Bank of Pakistan (SBP), Karachi. Senior officials from the two organizations were also present during the meeting. […]