Ministry of Commerce, sending its delegations for New Zealand and Australia to find New Trade Avenues

Islamabad: (1) A high level delegation, led by the Secretary Commerce Mr. Zafar Mahmood left for New Zealand to attend the Inaugural Session of Pak-New Zealand Joint Trade Committee (JTC) in Wellington, New Zealand. This JTC was established under a bilateral Trade Agreement signed in 1990. However, it could not hold its first meeting up till now. It is after persistent efforts by the Ministry of Commerce of Pakistan Read More…

long outstanding issue of Customs Agents has been resolved

Karachi: General Secretary Faisal Mushtaq in a press release stated that a long outstanding issue of Customs Agents has been resolved and number of free days. At air port godowns are being increased from two days to five days which definitely give enough time to clear the cargo at Air Freight Unit (AFU) without paying godown rent.
He added that this could be achieved without going into strike if cargo handlers would Read More…

The World Trade Organization Cell of the Ministry of Industries in collaboration with the Islamabad Chamber of Commerce and Industry held a seminar on the Challenges and Opportunities for the industrial sector in the context of opening of trade with India

Islamabad: Mr. Yassar Sakhi Butt, President ICCI highlighted the apprehensions of the business and industrial community in the areas of energy that had a crippling effect on domestic production. He said that the industry in Pakistan face numerous constraints in the absence of a ‘flat field’ on both sides of the border. The ‘flatness’ is missing in terms of energy and access to credit to mention only two factoRead More…

Meeting of the Sugar Advisory Board was held in the Ministry of Industries

Islamabad: This was chaired by the Additional Secretary Ministry of Industries. Chairman Trading Corporation of Pakistan, Secretary Food Punjab, representatives of Cane Commissioners of Punjab, Sindh and KP, officials of State Bank of Pakistan, members of Pakistan Sugar Mills Association and representatives of the sugarcane growers associations attended the meeting.
The representatives of the provinces provided the mRead More…

BankIslami earns profit of PKR 608.5 Million

Karachi: BankIslami Pakistan Limited delivered strong results by posting profit before tax of Rs 608.5 million for the year 2011 as against Rs.44.50 million in 2010. The Bank also recorded an increase of 32.4% in Deposits which crossed Rs. 50 billion. Asset base was noted at Rs. 58.8 billion denoting an increase of 30.6%. In the last three years the Bank has grown by more than 300% making it one of the fastest growinRead More…

LG Electronics Opens Two Lifestyle Galleries In Karachi – Showrooms to Have Complete Range of the Latest LG Products

Karachi: LG Electronics (LG), a global leader in consumer electronics, mobile communications and home appliances, recently opened two new showrooms at Zamzama and Shahrah- e-Faisal in Karachi. These showrooms are LG’s first Lifestyle Galleries designed to serve the needs of customers by offering them the opportunity to experience the complete range of LG products. Customers have the chance to enhance their lives byRead More…

Islamabad Electric Supply Company Installs New Power Transformers at Grid Stations

Islamabad: IESCO has enhanced the capacity of Chaklala, Taxila and Mirpur (AJK) Grid Stations while installing new power transformers. According to the details, IESCO has installed 40 MVA new Power Transformer while replacing the existing power transformer of 20/26 MVA in 132KV Chaklala Grid Station and 20/26 MVA new power transformers were also installed in 132KV Taxila and Mirpur (AJK) Grid Stations. After the insRead More…

Honda breaks new ground in design with the introduction of all new CR-V

Lahore: Honda Atlas Cars (Pakistan) Limited is introducing its design marvel, the all new CR-V. Equipped with Honda’s 2.4 liter I-VTEC engine this luxury SUV is all set to take on Pakistani roads. The introduction of all new CR-V in Pakistan reiterates unwavering commitment of Honda to offer its customers with the products of highest technical perfection and design finesse.
The Four Wheel Drive (4WD) Honda CRV comeRead More…

Statement of Ms Hina Rabbani Khar Foreign Minister of Pakistan read at Joint Press Conference with her British Counterpart Mr. Willam Hague in London on 21-2-2012

Islamabad: Foreign Minister of Pakistan Hina Rabbani Khar and British Foreign Secretary William Hague today took forward the enhanced strategic dialogue between Pakistan and the UK that underpins the unbreakable partnership between both countries. They discussed the progress being made against the commitment of Prime Minister Gilani and Prime Minister Cameron in April 2011 to grow a deeper and broader dialogue betweRead More…

Over 150 businessmen set to attend Pak Malaysia Business and Investment Forum on 28th

Islamabad: More than 150 businessmen, including 120 from Malaysia, are set to attend the Pakistan Malaysia Business and Investment Forum being held in the Malaysian capital on 28th February 2012 to explore avenues for joint investments and business opportunities in Pakistan. says a press release received here today from Kuala Lumpur, Malaysia.
The day-long event being organized jointly by the High Commission for PakiRead More…