Formula not applicable in Pakistan, many countries faced huge losses: Mian Zahid Hussain

Karachi, October 22, 2021 (PPI-OT):Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the disadvantages of devaluing the rupee are more than advantages as it is hitting the entire population and stoking poverty.
The policy of devaluing local currency can start a currRead More…

IMF repeating mistakes from the global financial crisis

Islamabad, October 22, 2021 (PPI-OT):The Pakistan Economy Watch (PEW) on Friday said why local currency is shedding value if the economy is sound and relations with international institutions are cordial. Why are the top officials deceiving the people by telling them the benefits of devaluation of the rupee, it said. Managing the troubled economy is no longer just a matter of the IMF as one billion dollars cannot resRead More…

KCCI assures to take up all issues of Jodia Bazaar traders with relevant quarters

Karachi, October 22, 2021 (PPI-OT):Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Idrees, after listening to the hardships being faced by traders of Jodia Bazaar, assured that the Karachi Chamber will take up all issues being faced by the traders/ shopkeepers of Jodia Bazaar with relevant quarters and will try its best to get them amicably resolRead More…

New Dutch Economic Counsellor, Islamabad visits the OICCI

Karachi, October 22, 2021 (PPI-OT):The Economic First Secretary of the of the Kingdom of the Netherlands, Mr. Paul Ederer, accompanied by Hammad Raza, Economic Affairs, Karachi Trade Officer, visited OICCI on October 20, 2021, for a courtesy call and to get the Chamber’s outlook on the current business environment in Pakistan. The newly appointed Economic First Secretary was welcomed by M. Abdul Aleem, Secretary GeRead More…

ICCI starts tree plantation drive to contribute for clean and green Pakistan

Islamabad, October 22, 2021 (PPI-OT):Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry has kicked off a tree plantation drive by planting a Moringa sapling in Sihala Flour Mill, Industrial Area, Islamabad to support the PM’s vision of promoting clean and green Pakistan. Muhammad Faheem Khan Vice President ICCI, Mian Akram Farid Chairman Founder Group, Tariq Sadiq, Mian Shaukat Masud, AbdRead More…

3rd Meeting of the Pak-China Relations Steering Committee held 

Islamabad, October 22, 2021 (PPI-OT):The 3rd meeting of the Pak-China Relations Steering Committee was held today here in Islamabad under the Chairmanship of Federal Minister for Planning Development and Special Initiatives Asad Umar.
The Committee discussed various issues relating to CPEC projects in Power, Infrastructure and Industrial Cooperation Sectors.
The Committee was informed that a number of issues discusseRead More…

SECP organizes training session on “Judicial Order writing”

Islamabad, October 22, 2021 (PPI-OT):Senator Waleed Iqbal commended the SECP for separating the adjudication from the supervision function, saying that the autonomy of both departments will ensure efficiency, transparency and improve regulatory oversight across sectors.
Senator Iqbal was speaking to the attendees of the training session on “Judicial Order Writing” organized by the SECP for the capacity building oRead More…

Sub-Committee on Inter-Provincial Coordination Constituted; Vows to take Pakistan’s Sports to New Heights 

Islamabad, October 22, 2021 (PPI-OT):Sub-Committee on Inter-Provincial Coordination Constituted; Vows to take Pakistan’s Sports to New Heights. A sports revolution is the need of the hour for the country’s esteem; this was stated by Senator Irfan-ul-Haq Siddiqui, newly elected Convener of the sub-Committee on the Senate Standing Committee on Inter-Provincial Coordination in its first meeting at Parliament House.
Read More…

A meeting of the Members of Pak-EU PFG with the deputy head of the Delegation of the European Union to Pakistan took place at the National Assembly Secretariat

Islamabad, October 22, 2021 (PPI-OT):The deputy head of the Delegation of the European Union to Pakistan, Mr Thomas Seiler and Head of the Political, Trade and Communication Section, Mr. Daniel Claus’s met with the Members of Pak-EU PFG today, October 21, 2021 at 1400 hours at Parliament House, Islamabad.
During the meeting, implementation of GSP Plus, issues hampering trade and investment, improving the business cRead More…

27th meeting of the Standing Committee on Commerce held in the Parliament House, Islamabad, under the Chairmanship of Syed Naveed Qamar 

Islamabad, October 22, 2021 (PPI-OT):The Advisor for Commerce, Textile and Investment briefed the Committee on Transit trade to Azerbaijan and CARs via Iran. He informed that Pakistani logistics companies are getting TIR Licenses and this practice by the banks will leave no possibility of transit through Iran. He added that Ministry of Commerce supports the recommendation of the parliamentarians for facilitating tranRead More…