Karachi: The Federal Government has announced the budget stating that it would support the farmers by providing pesticides, fertilizers and agricultural machinery with a view to modernize and uplift the agriculture sector. All Pakistan Fruit and Vegetable exporters importers and merchant association Patron-In-Chief Waheed Ahmed said in his statement that the GoP has acknowledged that …
Category Archives: Business
Careem partners with TOTAL PARCO to provide its Captains with speedy mobility solutions
Karachi: Careem, the Super App for the greater Middle East and Pakistan and Total PARCO Pakistan Limited (TPPL), signed an agreement to provide its Captains with TPPL’s mobility-related solutions at special discounts. Through this partnership, Careem Captains receive a flat discount on purchase of TPPL’s fuels, lubricants and other services like car wash, oil change …
Pakistan to receive loan from IMF to retire debts in FY22
Islamabad: In the coming fiscal year, the government intends to borrow roughly $16 billion in gross foreign loans to cover maturing external public debt and finance the budget deficit. According to Ministry of Finance sources, the expected $15.7 billion borrowings in fiscal year 2021-22 are roughly 10% higher than this year’s revised estimates of foreign …
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Moonis Alvi expressed gratitude to Hammad Azhar’s intervention in power situation of Karachi
Karachi: KE CEO Mr. Moonis Alvi expressed sincere gratitude to Minister for Energy, Hammad Azhar, for his vision & commitment to people of Karachi and especially for timely and kind intervention to address power situation challenges in the city. The Minister also acknowledged prompt payment by KE for additional power. The Minister was apprised by …
International Maritime Organisation certifies Byco’s Oil Spill Response Team
Karachi: The International Maritime Organization (IMO)has certified Byco’s Oill Spill Response (OSR) team for achieving Level II & III professional training and certification. Byco is the only Pakistani oil company having a dedicated Oil Spill Response team capable of managing oil spills, whose members are IMO certified. Mr. Azfar Saeed Baig, Vice President, Byco Petroleum …
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SAPM Malik Amin Aslam Inaugurated Reverse Vending Machine for plastic recycling in Pakistan
Islamabad: In the presence of Mr. Malik Amin Aslam, Prime Minister’s special assistant on Climate Change unveiled a first of its kind Reverse Vending Machine (RVM) for plastics at the Jinnah Super Market, Islamabad. The machine makes it convenient and rewarding for people to recycle on the go. Plastic bottles of any brand can use …
KATI praises the appointment of Mahmood Maulvi as Special Assistant for Maritime Affairs
Karachi: Patron-in-Chief Korangi Association of Trade & Industry (KATI) SM Muneer and President Saleem-uz-Zaman praises the appointment of Senior Vice President of Pakistan Tehreek-e-Insaf (PTI) the Karachi Division, Mehmood Moulvi as Special Assistant to Prime Minister Imran Khan on Maritime Affairs. Welcoming the move, they said that Mehmood Moulvi is a beloved personality of the industrial …
PM’s youth employment program will help eradicate unemployment, KATI
Karachi: Korangi Association of Trade and Industry (KATI) Patron-in-Chief SM Muneer and President Saleem-uz-Zaman welcomed the announcement of Prime Minister Imran Khan’s youth employment program, saying it was an important initiative in reducing unemployment in the country. SM Muneer said that due to Corona epidemic, global unemployment including Pakistan has increased. However, timely measures taken …
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KE remains committed to industries, rejects exaggerated claims issued in Press
Karachi – Taha Dilam: Recognizing Karachi’s industries as the backbone of the nation’s economy, KE reiterated its commitment to the prosperity of the city and assured its customers that it is working untiringly towards the vision of a thriving metropolis. This commitment is underpinned by the investment of over PKR 375 billion since the company’s …
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PFVA sets Mango export target for current season
Karachi: All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association (PFVA) has announced mango export target as 150000 metric tons for the current mango season which would fetch valuable foreign exchange of USD 127.5 million once the target is attained. The Patron-in-Chief stated that last year the export target of mango was set as …
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