بینک الفلاح نے جدید کارڈ مرچنٹ ایکوائرنگ نیٹ ورک متعارف کرادیا

پاکستان میں کریڈٹ کارڈز کے سب سے بڑے فراہم اور حاصل کنندہ، بینک الفلاح ، نے اپنے کریڈٹ کارڈز کے لئے جدیدکارڈ مرچنٹ نیٹ ورک Futuristic Cards Merchant Network) (کے حصول کے ذریعے اپنی کسٹمر سروسز اور ٹیکنالوجی پلیٹ فارم کی مزید بہتری کا اعلان کیا ہے۔ یہ نیا نیٹ ورک بینک الفلاح ریٹیل پارٹنر آؤٹ لیٹس میں کریڈٹ کارڈز کے ذریعے کئے جانے والے لین دین (Transactions) کی رفتار کو تیز کردے گا، اور لین دین کی صلاحیت دگنی ہو جائیگی۔

Bank Alfalah Introduces Futuristic Cards Merchant Acquiring Network

 Karachi, May 28, 2014: Bank Alfalah, Pakistan’s largest issuer and acquirer of credit cards, has announced an upgrade to its customer services and technology platform by commissioning a futuristic Cards Merchant Acquiring network for its credit cards. This new network enhances the speed of credit card transactions being conducted at Bank Alfalah retail partner outlets, whilst doubling transactional capacity.

Pak-Qatar Family Takaful Positive outlook

JCR-VIS assigns ‘Positive’ outlook to Pak-Qatar Family Takaful

Karachi: May 26, 2014 – JCR-VIS Credit Rating Company Limited (JCR-VIS) has maintained the Insurer Financial Strength (IFS) rating of Pak-Qatar Family Takaful Limited (PQFTL) at 'A (single A).

پی آئی اے کے کھانے سے کیڑا برآمد

باکمال لوگ لاجواب سروس ۔۔ چوبیس گھنٹوں کے دوران قومی ایئر لائن کی دو پروازوں میں مسافروں کے لنچ بکس سے کیڑے مکوڑے نکل آئے۔جس پر مسافروں نے پی آئی اے کے خلاف شدید احتجاج کیا۔ پی آئی ترجمان کا کہنا ہے کہ مسافر جلی ہوئی سبزی کو کیڑے سمجھ بیٹھے ہیں ۔

COMPETITION CONSULTATIVE GROUP BRIEFED ON CCP'S PERFORMANCE

ISLAMABAD, 29 JANUARY 2014: The Competition Commission of Pakistan held the 20th meeting of the Competition Consultative Group (CCG) in Islamabad. The CCG is an informal think tank that was set up by CCP in 2008 to obtain feedback and suggestions on competition-related matters from the government, regulatory bodies, business community, and academia.

SBP revises Prudential Regulations for agriculture financing

With a view to enhance access of formal financing to the farming community and to bring regulatory framework for farmers’ financing in line with the changing business environment, State Bank of Pakistan (SBP) has issued revised Prudential Regulations (PRs) for Agriculture Financing.

The revised instructions call upon banks to develop robust and market-oriented policies and practices to promote enhanced flow of credit to the agriculture sector without compromising financial stability and banks’ risk management.

ETIHAD AIRWAYS WINS BEST EMERGING AIRLINE AWARD IN PAKISTAN

Karachi: January 29, 2014 - Etihad Airways, the national airline of the United Arab Emirates, has been named the best emerging airline in 2013 at the fourth Global CEOs Excellence Awards ceremony held in Karachi, Pakistan.

The award was presented to Amer Khan, Etihad Airways' Area General Manager for Pakistan, Bangladesh, Nepal, Sri Lanka and the Maldives, at the awards ceremony held as part of the Global Business Leadership Summit.

The win acknowledges Etihad Airways’ commitment to delivering exceptional quality service and catering to travellers to and from Pakistan.  

Mobilink wins the Highest Tax Payer Award

Mobilink wins the Highest Tax Payer Award on “International Customs Day”

Mobilink has paid more than 1 Billion Rupees in shape of Duties and Taxes in the year of 2013

 

Karachi: January 27, 2014 – Mobilink has received the Highest Tax Payer Award by the Pakistan Customs, Islamabad Directorate. Mobilink received the award in recognition making the highest contribution to the national exchequer through the Islamabad Directorate and fulfilling the Customs Laws and Regulations. The award was given in a ceremony on the occasion of “International Customs Day” held at Islamabad Dry Port.

IATA, Open Allies, Agree to Conditions to Guide DOT in Approving Resolution 787

Geneva – The International Air Transport Association (IATA) and Open Allies for Airfare Transparency (Open Allies) filed a joint motion with the United States Department of Transportation (DOT) concerning IATA’s Resolution 787, the foundation document for the New Distribution Capability (NDC). The motion offers conditions that IATA and Open Allies recommend be included in what IATA is hopeful will be a timely approval of Resolution 787. The conditions to which both organizations agreed are intended to add clarity to the letter and spirit of Resolution 787.

Open Allies has agreed to withdraw its opposition to Resolution 787 subject to the implementation of these conditions.

Businessmen rejoiced as PICT waives off demurrage caused by goods transporters strike

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Abdullah Zaki has warmly welcomed the decision taken by Pakistan International Container Terminal (PICT) to give 100 percent waiver on demurrage charges of shipments which remained stuck at the port due to 12-day long goods transporters.

Abdullah Zaki said that this waiver has been given by PICT after a detailed meeting between Chief Executive PICT, Capt. Zafar Iqbal Awan and Chairman of KCCI’s Sub-Committee for Ports, Shipping and Multi-Modal Transport, Asif Nisar on Tuesday in which this pressing issue was thoroughly discussed by the KCCI’s representative who succeeded in convincing PICT’s management to grant this much-needed relief.

“Asif Nisar has not only been instrumental in putting an end to goods transporters strike, which resulted in losses of billions of rupees, but has also played the key role in convincing PICT to completely waive off demurrage charges on various shipments which remained unattended at the port due to the said strike”, he added.

Appreciating the gesture displayed by CEO PICT, Capt. Zafar Iqbal Awan towards providing relief to the perturbed business community, Abdullah Zaki said that PICT has set a final example for other container terminals to emulate, which, if practiced by the remaining container terminals, would help in reducing the grievances being faced by businessmen and industrialists, besides creating a conducive business atmosphere for all stakeholders.

Chairman of KCCI’s Sub-Committee for Ports, Shipping and Multi-Modal Transport, Asif Nisar said that PICT will not charge any demurrage charges for twelve days due to  goods transporters’ strike whereas demurrage charges, which have already been paid by businessmen during the said period will be fully refunded by PICT through cheques.

He said that PICT management has also invited KCCI Office Bearers to pay a visit PICT so that they could exchange views on matters of mutual interest, bring problems being faced by the business community into limelight, and come up with suggestions on how to resolve various issues.