Friday, February 26, 2021

PK-Press Release

Uber launches “Uber Connect” a new delivery interface in Pakistan

Uber in Pakistan has announced the launch of Uber Connect, a delivery tech solution that enables users to send/receive packages and request for deliveries through the Uber app. The additional service will further support the growing community of customers...

Mian Zahid: Majority of critical sectors showing dismal performance

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday demanded steps to end pessimism in masses and...

IMF Staff Concludes Visit to Pakistan

An International Monetary Fund (IMF) mission, led by Ernesto Ramirez Rigo, visited Islamabad and Karachi during September 16–20, 2019 to take stock of economic developments since the start of the Extended Fund Facility (EFF) and discuss progress in the...

China finds alternate to CPEC in Iran

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain said China has decided to invest $410 billion in different...

Mian Zahid: Stagnant exports have damaged crumbling economy

Former minister Mian Zahid Hussain said that the Stagnant exports have damaged crumbling economy, all claims and steps to ensure development remained unsuccessful. President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of...

Mian Zahid: Reduced cotton production will be a threat to textile industry

Former minister Mian Zahid Hussain said that the Reduced cotton production can become a threat to textile industry, government should consider incentives, support price for cotton growers. President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA),...

Mian Zahid: Loans from IMF, friendly countries aided economy withstand shocks

Former minister Mian Zahid Hussian said that the Loans from IMF, friendly countries helped economy withstand shocks. President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI...

PBIF calls for improved laws on power theft

The PBIF stressed the need of improved laws on power theft, instead weighing the bills on public, the government should prepare the policy for curtailing electricity thefts. President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance...

Mian Zahid: Disinformation of Pakistan’s blacklisting by FATF was a part of Indian conspiracy

Former Minister Mian Zahid said that the disinformation of Pakistan blacklisting by FATF was a part of Indian conspiracy. The fake news was issued by Indian state-run news agency which claimed that FATF’s Asia Pacific Group has blacklisted Pakistan...

PBIF supports decision to extend tenure of COAS Bajwa

Former minister Mian Zahid has lauded the tenure extension of CAOS General Qamar Javed Bajwa. He said that the decision reflects the importance of COAS amid serious regional situation while it will also ensure sustainable security while contributing to...

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The Canadian Ministry of Health approved the "AstraZeneca" vaccine for the Coronavirus, which is the third vaccine to be...

Canada: E-Katchehries meant to accord Pak community due respect & recognition

The High Commission for Pakistan in Ottawa along with Consul Generals of Pakistan in Montreal, Toronto and Vancouver held an E-Katchehry with the members...

Equality policy: Global policy makers laud SBP’s effort to advance women’s financial inclusion through Banking

In December 2020, the State Bank of Pakistan launched its consultation process with different national and international stakeholders on its Banking on Equality Policy. A...

Hungary – First country in the European Union to use Chinese Sinopharm vaccine

Hungary began using the Chinese company "Sinopharm" vaccine against the emerging coronavirus, becoming the first country in the European Union to take this step. Hungarian...

IMF Report: Turkey ranks first in decline of foreign exchange reserves

According to a report issued by the International Monetary Fund (IMF), Turkey ranked first in the world in 2020, in terms of a decrease...