Daily Archives: January 4, 2021

BMG, KCCI congratulate BMP’s Presidential Candidate Nasir Hayat on winning FPCCI’s elections

Karachi, January 04, 2021 (PPI-OT): The leadership of Businessmen Group (BMG) and Office Bearers of Karachi Chamber of Commerce and Industry (KCCI) have congratulated the Businessmen Panel (BMP), the newly elected President FPCCI Nasir Hayat Magoon and all others on

HBL Joins Forces with NCMCL for Development of Electronic Warehouse Receipt Ecosystems

Karachi, January 04, 2021 (PPI-OT): Naymat Collateral Management Company Ltd (NCMCL), Pakistan’s first collateral management company, has joined forces with HBL for the development of the Electronic Warehouse Receipt (EWR) ecosystem in the country. Electronic Warehouse Receipt (EWR), the first

Coca-Cola teams up with Cantonment Board Clifton, others to establish 17 water filtration plants

Karachi, January 04, 2021 (PPI-OT): Coca-Cola Pakistan is partnering with Cantonment Board Clifton, Rotary International and two other organizations to establish 17 water filtration plants to provide clean drinking water for disadvantaged communities in various parts of Karachi. According to

ICCI calls for gearing up economic reforms process in 2021

Islamabad, January 04, 2021 (PPI-OT): Fatima Azim, Acting President, Islamabad Chamber of Commerce and Industry (ICCI) said that the economic reforms process of the government was quite slow due to which recovery of business and economic activities was not picking

2020 stained with inflation, unemployment, and political instability

Islamabad, January 04, 2021 (PPI-OT): The Pakistan Economy Watch (PEW) on Saturday said the 2020 was stained with inflation, unemployment, and political as well as economic instability marred the year 2020. The year was beneficial for influential mafia, profiteers, hoarders

Meeting of Executive Committee of the Federation of Pakistan Chambers of Commerce and Industry held

Karachi, January 04, 2021 (PPI-OT): A meeting of the Executive Committee of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) was held on Saturday simultaneously at FPCCI Head Office Karachi (Chair), Capital House Islamabad, and Regional Office Lahore,

Samina Alvi urges business community to play its role for the inclusion of differently abled people in economic process

Karachi, January 04, 2021 (PPI-OT): The first lady of Pakistan Samina Alvi has urged the business community to play its role for the inclusion of differently abled people in economic process and to support their skill development endeavours. She was

Here’s How Petroleum Division Streamlined Oil and Gas Sector Operations in 2020

During the year 2020, the Petroleum Division (PD) aligned its strategy to streamline the matters related to the oil and gas sector, keeping in view the country’s existing and future energy needs, reported the state’s media agency. An ease-of-doing-business plan

Pakistani Rupee Begins the Year With a Slight Loss Against the US Dollar

The first shift for the Pakistani Rupee’s exchange rate against the US Dollar in 2021 came as a loss of 14 paisas on the opening day of the week. With a decrease of 14 paisas, PKR closed at Rs. 159.97

Credit Card Users Decline Due to COVID-19

The number of credit cards’ base and its utility witnessed a decreasing trend among customers despite the reduction in mark-up rates. According to the State Bank of Pakistan (SBP), the number of credit cards declined to 1.63 million in the