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FPCCI underscores need to promote bilateral ties between US and Pakistan

Karachi : Irfan Ahmed Sarwana, Acting President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has underscored the need for further intensifying interaction between the trade mission of USA and business community of Pakistan for the promotion of bilateral trade and economic relations between the two nations. He expressed …

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VMware partners with Meezan Bank to expand IT Infrastructure

ISLAMABAD: VMwareInc.(NYSE: VMW), a global leader in cloud infrastructure and business mobility, has recently signed an agreement with Meezan Bank, Pakistan’s first and largest Islamic bank to modernize the bank’s IT infrastructure across 571 branches in 146cities of Pakistan. The agreement allows Meezan Bank to be expand into larger market …

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Eight areas that helped the govt earn a mammoth Rs1.1 trillion

ISLAMABAD: Consumption of just eight products contributed a mammoth Rs1.1 trillion, more than half the total collection of indirect taxes in the last fiscal year, underscoring the shallowness of Pakistan’s tax system while also putting a question mark over the need of having a large workforce. Out of Rs1.1 trillion, …

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Huawei Partners with TÃœV Rheinland for Certification of Super Charge Technology

Islamabad: Huawei Consumer Business Group today announced itscooperation with TÃœV Rheinland tocertifyHuawei’s SuperCharge technology. Certification will mark the first time anend-to-end fast-charging technology has successfully completed the rigorous tests set forth by the world-renowned safety experts.Testing encompasses every component,requiring adapters, IC circuits and charging cable materials to pass safety, low …

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Daraz brings the industry together for The Great Online Shopping Mela – a shopathon like no other

Islamabad: Daraz.pk, Pakistan’s largest online market place, is proud to present The Great Online Shopping Mela (GOSM). GOSM is about bringing people, technology and shopping together in one exciting, multi-layered event! Par the course for the ecommerce leader, Daraz is not only assembling exciting deals, flash sales and discounts up …

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UK overestimated sugar tax yield’

London: The amount of money expected to be raised by an incoming sugar tax has been overestimated by almost €100m. According to reports, It is expected the incoming levy on sugary drinks will yield around €40m per year, rather than the €134m predicted in 2014. The Department of Finance’s tax …

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China studying when to ban sales of traditional fuel cars

Beijing : China has begun studying when to ban the production and sale of cars using traditional fuels. According to media reports, vice industry minister Xin Guobin predicted “turbulent times” for automakers forced to adapt the measures. He did not give details on when China, the world’s largest auto market, …

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