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Pakistani women are highly talented : Robina Ali

Islamabad:     High Commissioner for UN World Humanity Commission (WHC) Rubina Ali has said that Pakistani women are so talented that they can play a pivotal role in the social and economic development of country. While addressing a conference of women chamber in Islamabad She said every possible step will be taken for the progress of women so that they …

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IMF releases first tranche of $991.4 million under the under Extended Fund Facility

ISLAMABAD:      International Monetary Fund (IMF) has provided first tranche of loan of $991.4 million under the under Extended Fund Facility Out of approved a three-year bailout package worth $6 billion, IMF had announced to provide one billion dollars forthwith and under this package first tranche has been released to Pakistan. According to State Bank of Pakistan (SBP) first …

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Dawlance appoints Umar Ahsan Khan as new CEO

Karachi :     (Parliament Times)     Dawlance has appointed Mr. Umar Ahsan Khan as its new Chief Executive Officer, effective July 1, 2019. Mr Khan is a seasoned professional, with almost three decades of experience performing diverse roles in strategy, operations, finance & accounting, and leadership in various major national and international organizations. This appointment is another milestone in the …

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Outfitters attains ACCA approved employer status

LAHORE:    (Parliament  Times)      Outfitters Pakistan has become the most recent addition to the ACCA (Association of Chartered Certified Accountants) Approved Employer Programme. By joining this elite group, Outfitters has proven that its learning and development systems meet global best practices, and that it supports and provides for the continuing professional development needs of its staff. This milestone …

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Rupee weakens against US dollar by 38 paisa in interbank market

KARACHI:     The Pakistani rupee on Monday lost its value by 38 paisa and hit Rs157.30 against the US dollar in the interbank market as the stringent conditions – on which the International Monetary Fund (IMF) has formally approved the bailout of $6 billion – seem to exert more on the local currency. In the open market, the greenback gained …

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Construction work on Faisalabad Expo Center to be started within this year, says Abdul Razak Dawood

LAHORE:       Advisor to Prime Minister on Commerce Abdul Razak Dawood Monday said the construction work of a state-of-the-art Expo Center in Faisalabad will be started within this current year to facilitate the industrialists and foreign investors setting up projects in Faisalabad. Abdul Razak Dawood expressed these views while chairing a meeting held at Ministry of Commerce and Industry. …

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Business community fully supports massive crackdown on “Benami Asset”

LAHORE:    Business community announced to fully support massive crackdown on “Benami Asset” across the board throughout the country besides introduction of documented economy. Pak-US Business Council Founder Chairman and United Business Group (UBG) Central Chairman Iftikhar Ali Malik Monday expressed these views while talking to delegations of traders who called on him here. He said that the good thing …

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Taxes, duties on edible items should be reversed: Mian Zahid Hussain

Karachi: (Parliament Times)    President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday lauded the PM Imran Khan for steps taken to protect the poor from rising inflation. More steps should be taken to shield poor otherwise, inflation …

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ICCI demands withdrawal of new taxes levied in Budget 2019-20

ISLAMABAD:      The Islamabad Chamber of Commerce & Industry said that the current government has abolished zero-rated facility for export industry and levied many new taxes on trade and industry in its first annual budget due to which the business community of the entire country was protesting as these taxes have caused slump in business activities. It called upon …

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99% Haleeb Foods employees are now Quality Ambassadors

Lahore: Haleeb Foods one of the leading food and beverages company of Pakistan last year introduced a unique program – ‘Quality Through The Line’ (QTTL). This program revolves around key areas including people, processes and plants in order to bring about a change that would ultimately lead to sustainable growth. The first phase – QTTL 1.0 successfully ended in January …

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