Karachi —The central banks moving pro-actively
has allowed micro finance banks to raising
credit lines from abroad in foreign currency
which might prove a turning point in creating
economic activity at the grass root level, as
the cost of financing must be extremely low in
view of nominal interest rates prevailing
elsewhere in the world.
Karachi—PIA team at Jeddah has started
preparations for the return journey of over
127,000 Hajjis from Saudi Arabia on completion
of holy pilgrimage, according to dispatch from
Jeddah. The airline’s Post-Hajj operation will
commence from December 2, 2009 and conclude on
January 1, 2010.
Lahore—The Lahore Chamber of Commerce and
Industry Wednesday urged the Federal Board of
Revenue to stop using the terminology “Risky
Taxpayers” as it would have a very damaging
impact on the business doing people besides
putting a reverse gear all government moves
aimed at widening the tax net.
Karachi—The Malaysian Consulate has planned to
organize a workshop in order to create awareness
among the stakeholders about the Free Trade
Agreement (FTA) between the two brotherly
countries; this was announced by the Consul
General of Malaysia in Karachi, Khalid Abdur
Razzak today.
Lahore—A
three-member delegation of pharmaceutical sector
from Yemen had a meeting with the
representatives of the local pharmaceutical
companies at a local hotel on Wednesday. The
delegation comprised Dr.Hameed Al-Huzafi,
Inspector GMD, Supreme Board of Drugs, Mazan
Ltuf Hussein, Zanjabeel Pharmaceutical and Prof.
Hussain Alkadi, CEO Four seasons.
