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Allied Bank partners with Infobip to offer WhatsApp banking

Allied Bank partners with Infobip to offer WhatsApp banking

Lahore-Allied Bank, one of Pakistan’s largest commercial banks, announced the addition of WhatsApp to customer communication channels in collaboration with global cloud communications provider Infobip. The move was prepared to strengthen the Bank’s digital presence and to provide customers with universal banking services that meet today’s connected consumer expectations. Allied Bank aims to increase customer […]

FIEDMC completing high valued projects on priority basis

FIEDMC completing high valued projects on priority basis

Faisalabad – FIEDMC plays a vital role in completing high-value projects primarily. Mian Kashif, president of FIEDMC, spoke with Chinese Ambassador Nong Rong, saying that FIEDMC is a multi-functional organization that manages multiple industrial sites in the Faisalabad Division, including Pakistan’s most successful industrial area M3 Industrial Estate, Sahianwala, Faisalabad. Speaking with the Ambassador, FIEDMC […]

ECC directs TCP to import 500,000 MTs of white sugar

ECC directs TCP to import 500,000 MTs of white sugar

[On Wednesday, the Cabinet’s ISLAMABAD-Economic Coordination Committee (ECC) directed Pakistan Trading Corporation (TCP) to import 500,000 Tons (Metric Tons) of white sugar as and when needed during the current season. Finance and Revenue Minister Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet. The Ministry of Industry and […]

Around 8,383km additional gas pipelines being laid in current FY

Around 8,383km additional gas pipelines being laid in current FY

ISLAMABAD: Two state-owned companies, SNGPL and SSGC, are strengthening their networks by collectively laying around 8,383 kilometers (KM) of additional transmission and distribution pipelines across the country, according to the target set for the current fiscal year. Sui Northern Gas Pipelines Limited (SNGPL) is working to lay 6,965 KM of lines, according to an official […]

CPEC heading in right direction, says Chinese envoy

CPEC heading in right direction, says Chinese envoy

ISLAMABAD – New Chinese Ambassador Nong Rong said CPEC is heading in the right direction to bring prosperity and progress to Pakistan. Nong Rong, China’s new ambassador to Pakistan, summoned Secretary Planning, Development and Private Initiatives Mathar Niaz Rana on Tuesday. Bilateral relations projects under the China-Pakistan Economic Corridor and issues related to the progress […]

Pakistan’s IT services exports can reach $10 billion: OICCI report

Pakistan’s IT services exports can reach $10 billion: OICCI report

ISLAMABAD: Overseas Chamber of International Trade and Industry (OICCI) digital report stated that Pakistan’s IT services exports have the potential to reach $ 10 billion. The “OICCI Digital Economy Proposals” report, highlighting the much-needed change required to seize the opportunity for digital transformation within and outside Pakistan with the New Economy mindset, was released on […]

Govt urged to reduce interest rates, taxes, electricity & POL prices

Govt urged to reduce interest rates, taxes, electricity & POL prices

Sardar Ilyas Khan, chairman of the Islamabad-Islamabad Chamber of Commerce and Industry (ICCI), said the government should lower interest rates, taxes, electricity and oil prices in order to accelerate economic activity. Speaking to a delegation from the Forum of Economic Journalists, he said that there is no doubt that the Pakistani Prime Minister wanted to […]

Hafeez hopes that spectrum sales will fetch a higher price

Hafeez hopes that spectrum sales will fetch a higher price

ISLAMABAD: The Finance Minister on Thursday said that the sale of maximum possible Next Generation Mobile Services (NGMS) spectrum would help in overall economic growth and improve the quality of broadband services in Pakistan through digitization. Presiding over the meeting of the Advisory Committee, the Minister asked the advisers to take a proactive approach and […]

Positive LSM growth to help achieve annual economic growth target

Positive LSM growth to help achieve annual economic growth target

LAHORE: Mian Anjum Nisar, former president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and president of the Businessmen Panel, expressed his hope that positive growth in large-scale manufacturing (LSM) will help achieve the annual economic growth target. If the trend continues in the coming months, it creates employment. Mian Anjum Nisar […]

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