Category: General

This category covers all General news

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 […]

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. […]

Middlemen fleecing Small and Medium Enterprises farmers: Zulfikar Thaver

Karachi, August 06 2013 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has lodged a complaint with the Competition Commission of Pakistan (CCP) against the cartel of middlemen operating more as money lenders than as professional middlemen or facilitators in the commodities market. The cartel is dominating the rice,wheat,maize, spices and sugar supply chains […]

Managing Director Karachi Water and Sewerage Board for maintaining Financial and Administrative discipline in the Board

Karachi, August 06 2013 (PPI-OT): Managing Director Karachi Water and Sewerage Board Misbahuddin Farid during a meeting with Deputy Managing Directors, Chief Engineers and Superintendent Engineers directed that Financial and Administrative discipline should be maintained throughout all departments. All legal procedures, formalities and merit must be followed while conducting daily routine. Head of each department […]

Huge increase in electricity tariffs damaging to export industry: Pakistan Tanners Association

Lahore, August 06 2013 (PPI-OT): PTA Chairman Agha Saiddain while comments on recent decision of Federal Government for exorbitant increase in power tariffs said it will cause irreparable loss to our export sector. He said that increase in Electrical Tariffs B1, B2, and B3 is average 50% and Industry cannot sustain to this huge increase. […]

Small and Medium Enterprises Development Authority and Trade Development Authority Pakistan’s Collaboration for trade promotion

Lahore, August 05, 2013 (PPI-OT): The Small and Medium Enterprises Development Authority (SMEDA) is going to join hands for the first time with the Trade Development Authority Pakistan (TDAP) at the platform of Expo Pakistan being held from 26th to 29th September 2013 at Karachi Expo Centre. This is the biggest trade fair in Pakistan, […]

Chairman Pakistan Tanners Association appreciates decision of Economic Coordination Committee of the Cabinet to impose ban on export of live animals

Karachi, August 02, 2013 (PPI-OT): Chairman, Pakistan Tanners Association, Mr. Agha Saiddain in a press statement appreciated the decision of the Economic Coordination Committee (ECC) of the Cabinet to impose ban on the export of live animals with effect from 1st October’2013 which is really encouraging and beneficial for the leather industry as this proposal […]

Port Qasim Authority needs to expedite development of land allotted to Small and Medium Enterprises to begin construction of units: Zulfikar Thaver

Karachi, August 02, 2013 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has invited the attention of Anjum Nisar member board of directors Port Qasim Authority (PQA) to the demand notes issued to SME allottees of land in the eastern industrial zone (EIZ) for immediate payment of land rent, maintenance charges and mark up […]

Union of Small and Medium Enterprises felicitates president-elect Mamnoon Hussain

Karachi, July 31, 2013 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) expressed great joy on the election of an SME, Mamnoon Hussain as the 12th president of the Islamic Republic of Pakistan and felicitated the president elect and wished him all the very best for his term of office and assured full support […]

Chairman Port Qasim urged to facilitate Small and Medium Enterprises eastern industrial zone for payment of land rent

Karachi, July 30, 2013 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has invited the attention of the chairman Port Qasim Authority (PQA) Agha Jan Akhtar to the demand notes issued to SME allottees of land in the eastern industrial zone (EIZ) for immediate payment of land rent, maintenance charges and mark up on […]

Pakistan-Brazil exchange Diplomatic Notes on Business Visas

Islamabad, July 30, 2013 (PPI-OT): Additional Secretary (Americas) Mrs. Naghmana A. Hashmi and Ambassador of Brazil H.E Mr. Alfred Leoni exchanged notes on grant of multiple-entry visa for businessmen with an extended validity of up to five years, on the basis of reciprocity today in the Ministry of Foreign Affairs. Both sides declared this as […]

Induction of Small and Medium Enterprise Development Authority on Technical Committee of Credit Guarantee of the State Bank of Pakistan

Lahore, July 26, 2013 (PPI-OT): Small and Medium Enterprises Development Authority (SMEDA) has been inducted as a member of the Technical Committee of Credit Guarantee (TCCG). The TCCG was constituted by the State Bank of Pakistan (SBP) for implementation and monitoring of the Credit Guarantee Scheme for Small and Rural Enterprises. The Scheme was launched […]