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Day: November 27, 2020

Hashim Group of Turkey keen to establish joint ventures in Pakistan

Business, English
Islamabad, November 27, 2020 (PPI-OT): A delegation of the Hashim Group of Turkey led by Emir Han Demir, Head of Operations visited Islamabad Chamber of Commerce and Industry to hold a meeting with Sardar Yasir Ilyas Khan President and showed keen interest to set up joint ventures in Pakistan. Abdul Rehman Khan Vice President ICCI, Malik Jahangir Jan, Country Director Pakistan, Hashim Group, Tasleem Khan Legend Hotel Islamabad and M. Aslam Khokhar Executive Member ICCI were also present at the occasion. Emir Han Demir said that Hashim Group has business interests in many fields including real estate, mining, tourism, car designing and education in Turkey and they were now exploring Pakistani market for JVs and investment. They said that Pakistan’s economy has great potential to grow and th...

K-Electric holds 110th Annual General Meeting

Business, English
Karachi, November 27, 2020 (PPI-OT): K-Electric (KE) held its 110th Annual General Meeting (AGM) for FY 2020. With the on-going COVID-19 pandemic, the AGM was hosted virtually. The meeting was chaired by Shan Ashary, Chairman of the KE Board, with Moonis Alvi, Chief Executive Officer, KE also in attendance, along with Aamir Ghaziani, Chief Financial Officer, Rizwan Dalia, Company Secretary and Chief People Officer and other members of the Board and KE leadership. Shareholders were briefed about prevalent challenges such as the COVID-19 lockdown, continuous accumulation of outstanding net receivables from government entities (over PKR 80 billion on principal basis, as of September 30, 2020), increased finance cost (up by 166%) and the resulting distressed working capital situation. Before t...

Zong 4G’s Special Offer Brings Enhanced User Experience for Residents of Attock, Kamra, and Hazro

Business, English
Islamabad, November 27, 2020 (PPI-OT): Keeping in mind the evolving digital communications needs of Zong 4G’s customers in Attock, Kamra, and Hazro, Pakistan’s leading cellular and digital services provider, has brought special new offers for these cities. Through these exclusive offers, Zong 4G’s customers living in Attock, Kamra, and Hazro can enjoy 75 All Net Minutes, 5,000 MB Data, 5,000 On-Net Minutes, and 5,000 SMSs for the whole week with a recharge of PKR 250 only. To avail the offer, users can dial *54#, or contact their nearest retailer or Zong franchise for more information. The offer can also be subscribed to using the My Zong App. Users of other networks can easily switch to Zong 4G’s largest and widest network by calling the helpline 0314-3334455, or contacting their nearest ...

National Highway Authority holds E-Kachehri

English, General, Official News
Islamabad, November 27, 2020 (PPI-OT): In line with directive of Prime Minister of Pakistan Mr. Imran Khan on reaching out to the public through holding Khuli Kachehris by organizations under the Federal Government, National Highway Authority Member Coordination Mr. Asim Amin held E-Kachehri at head office of the Authority through NHA official Facebook Page and answered to the questions placed by the people all over the country. In his opening remarks Mr. Asim Amin (Member Coordination) said, as per directive of the Prime Minister office, complaints regarding overcharging and provision of sub-standard items at motorway service/rest areas are being attended promptly. To this effect, NHA has formed special teams which raided on the spot and took action against the responsible. He appealed to...

Unity imperative to tackle issues confronting Muslim Ummah: National Assembly Speaker

English, General, Official News
Islamabad, November 27, 2020 (PPI-OT): Ambassador of Kingdom of Saudi Arabia Nawaf bin Saad Al-Maliki called on Speaker National Assembly Asad Qaiser in Parliament House, today. Bilateral relations and issues of mutual interest came under discussion during the meeting. Speaker Asad Qaiser while talking to the Ambassador said that Pakistan is proud of its everlasting friendship with Saudi Arabia. He said that both the brotherly countries are tied in bonds of religion, culture and history. He said that any attempt of aggression against Saudi Arabia would be considered aggression against Pakistan. Acknowledging the assistance Saudi Arabia has been extending to Pakistan, the Speaker said that Saudi Arabia has always been a generous supporter of social development in Pakistan. The Speaker said ...

President proposes establishing trade triangle among Pakistan, China and ASEAN

English, Ministries, Official News
Islamabad, November 27, 2020 (PPI-OT): President Dr. Arif Alvi has proposed establishing a trade triangle among Pakistan, China and Association of Southeast Asian Nations (ASEAN) to maximize the quantum of intra-regional business opportunities. In his virtual address to the 17th China-ASEAN Expo held in China’s Nanning city on Friday, he said Pakistan’s stable macro-economic policies and ease of doing business offered an attractive market to both China and the ASEAN countries for trade cooperation in diverse areas. The President said despite the challenge of the Coronavirus pandemic, Pakistan’s economy strengthened and its online businesses grew due to implementation of far-reaching economic reforms. He said we encourage the ASEAN countries and the Chinese businessmen to ...