Daily Archives: December 29, 2017

‫یونین پے انٹرنیشنل اور ڈیکاگون پاکستان نے تعاون کے معاہدے پر دستخط کردیے

شنگھائی، 29 دسمبر 2017ء/پی آرنیوزوائر/–

دنیا کے سب سے بڑے ادائیگی منصوبوں میں سے ایک یونین پے انٹرنیشنل اور ڈیکاگون پاکستان کے برانڈ گو لوٹ لو کے ساتھ شراکت داری کرلی ہے تاکہ پاکستان میں مجاز بینکوں کے تعاون سے یونین پے پری پیڈ اور ڈيبٹ کارڈ جاری کیے جائیں جو مقامی صارفین کو محفوظ اور آسان ادائیگی خدمات پیش کریں۔ فریقین مستقبل میں گوٹ لوٹ لو کے پاکستان بھر میں پھیلے جال کے اندر یونین پے کے کیو آر کوڈ ادائیگی طریقہ کار کو متعارف کروانے کے لیے بھی تعاون کے مواقع کے خواہشمند ہیں۔ شراکت داری پر شوان گیدان، ڈائریکٹر آف پروڈکٹس، یونین پے انٹرنیشنل اور عزیز قاسم علی، چیئرمین ڈیکاگون پاکستان نے شنگھائی، چین میں دستخط کیے۔

جناب شوان گیڈان (بائیں سے تیسرے) ڈائریکٹر آف پروڈکٹس یونین پے انٹرنیشنل اور جناب عزیز قاسم علی (بائیں سے چوتھے)، چیئرمین ڈیکاگو نے معاہدے پر دستخط کیے۔

جناب شوان گیدان نے کہا کہ “یونین پے کے لیے پاکستان  تزویراتی اور جغرافیائی  اعتبار سے ایک اہم مارکیٹ ہے اور ہم پاکستان کے ادائیگی  ماحول میں مستقل نمو میں اپنا حصہ  ڈالنے سے وابستہ ہیں۔ روزمرہ اضافی فوائد جیسا کہ رعایت اور کارڈ یافتگان کے لیے مالی بہبود کے ساتھ نئی یونین پے کارڈ مصنوعات کااجراء پاکستان جیسی نقدی پر انحصار کرنے والی معیشت کے لیے اور عام افرادکو ڈجیٹل ادائیگی کی طرف ہجرت کرنے کی خاطر ہدف بنانے کے لیے بہترین ہے۔ کانٹیکٹ لیس پیمنٹ اور کیو آر کوڈ پیمنٹ جیسی یونین پے کی جدید ادائیگی مصنوعات کو مستقبل میں متعارف کروانا مقامی صارفین کو کہیں زیادہ متنوع اور لچکدار ادائیگی خدمات پیش کرے گا۔

“ڈیکاگون پاکستان یونین پے انٹرنیشنل کے ساتھ شراکت داری پر خوش ہے۔ یہ شراکت داری شراکت دار بینکوں کے ذریعے کہیں زیادہ صارفین کے لیے ایک کامیاب آغاز لائے گا اور بینک صارفین کو اضافی قدر کی حامل خدمات فراہم کرے گا۔” عزیز قاسم علی نے کہا۔ انہوں نے مزید کہا کہ “ہمارا یقین ہے کہ یہ پاکستان کی نقدی پر انحصار کرنے والے معیشت کو تبدیل کرنے میں ایک اہم قدم ہے۔ اس مارکیٹ میں صارفین قیمت کے حوالے سے حساس ہیں اور یونین پے کے موبائل ادائیگی حل کو ہمارے شمولیت کے ٹولز اور جدید مصنوعات کے ساتھ ملا کر ہم پاکستانیوں کی روزمرہ زندگی میں قدر اور سہولت شامل کریں گے۔”

گو لوٹ لو ایک خاص ایپ بھی جاری کر رہا ہے جو فوریاور وقت کے لحاظ سے حساس صارفین کو رعایتیں پیش کرنے والی پاکستان کی پہلی ایپ ہوگی۔ ایپ مقام کی بنیاد پر خدمات، سوشل نیٹ ورکنگ صلاحیتیں اور کیوآر کوڈز کے ذریعے ادائیگی آپشنز فراہم کرے گی۔ ڈیکاگون سلیکون ویلی امریکا میں قائم مالیاتی بہبود کے پلیٹ فارم پے ایکٹو انکارپوریٹڈ کے ساتھ مشترکہ شراکت داری کے ذریعے پے ایکٹو کے حامل یونین پے پری پیڈ اور ڈیبٹ کارڈ بھی جاری کر رہا ہے جو ڈجیٹل والٹس اور پاکستان میں یونین پے کیو آر کوڈ کے ذریعے موبائل ادائیگی سے منسلک ہیں۔

تصویر –  https://photos.prnasia.com/prnh/20171229/2023142-1

Pakistan Industrial and Traders Associations Front expresses serious concern over rising spending on debt servicing

Lahore, December 29, 2017 (PPI-OT):Pakistan Industrial and Traders Associations Front (PIAF) chairman Irfan Iqbal Sheikh has expressed serious concern over the rising spending on debt servicing, saying high payments of foreign debt has already put a negative impact on the country’s liquid forex reserves, forcing the country to go for more borrowing from the international market. Irfan Sheikh said that the federal government has recently borrowed some $2.5 billion through the auction for Sukuk and Eurobond in the international market to build its depleting forex reserves.

In a joint statement along with senior vice chairman Tanveer Ahmed Sufi and vice chairman Shahzeb Akram, he said in the long-term, Pakistan may face some problems and need more foreign inflows to maintain its forex reserves, which surged to $21 billion in the first week of December after receiving inflows of $2.5 billion of Sukuk Bond and Eurobond.

According to State bank of Pakistan (SBP), the country’s total external debt servicing stood at $2.09 billion during the first quarter (July-Sept) of FY18. Total external debt and servicing includes $1.71 billion of principal and $383 million of interest payment. Similarly, on principal side, external debt servicing under public debt stood at $904 million, some $32 million on Public Sector Enterprises (PSEs) guaranteed debt, $53 million on PSEs non-guaranteed debt and $ 51 million on private non-guaranteed debt. Some $671 million were paid on account of short-term debt servicing. Debt servicing on account of interest includes some $31 million to the IMF, $8 million to Paris Club and $90 million of multilaterals.

Chairman PIAF Irfan Iqbal says that the decline in the SBP reserves also reflects lower inflows and higher foreign payments. Inflows from donor agencies remained much lower than projections, while debt servicing moved up compared to last year, he added. He said that country’s total external debt servicing exceeded $ 2 billion mark during the first quarter of current fiscal year (FY18).

For more information, contact:
Pakistan Industrial and Traders Associations Front (PIAF)
110/s Kot Lakhpat Industrial Estate, Lahore, Pakistan
Tel: +92-42-5123522
Fax: +92-42-5123522
Email: Info@piaf.pk

Haleeb Foods contracts Matrix Dairy Farm

Lahore, December 29, 2017 (PPI-OT):Haleeb Foods signed an agreement with Matrix dairy farm to collect fresh farm milk. Matrix is a leading dairy farm in Pakistan that complies with best dairy farming practices. Speaking on the partnership Mr. Memosh Khawaja, CEO Haleeb Foods said “Our priority is to ensure delivery of high quality products to our consumers. Our partnership with Matrix dairy farm will help us in our mission to nourish the Pakistani families through premium quality healthy milk.”

Matrix CEO, Mr. Chaudhary Zubair added “Haleeb Foods is a pioneer in the dairy industry of Pakistan and we are glad on our partnership. Our farm is fully equipped with latest milking technology and we ensure best quality milk is produced by our farm.” In dairy processing business, concept of quality is critical because end consumers seek reassurance that their milk brand is offering safe and healthy milk. This partnership between Haleeb Foods and Matrix is in furtherance of Haleeb Foods strong commitment to quality.

For more information, contact:
Head Office,
Haleeb Foods Limited (HFL)
135 Ferozepur Road, Lahore, Pakistan
Tel: +92-42-37421215-20
UAN: +92-42-111-135-135
Email: care@haleebfoods.com
Website: www.haleebfoods.com

Small Traders seek KCCI’s assistance in dealing with rising Bhatta activities

Karachi, December 29, 2017 (PPI-OT):More than 50 representatives from different markets of Karachi, while expressing deep concerns over recurrence of Bhatta Mafia, upsurge in dacoities and lock-breaking incidents, sought Karachi Chamber’s assistance so that Law Enforcing Agencies, particularly Pakistan Rangers Sindh, could be urged to strictly deal with the situation on top priority basis.

Exchanging views with Chairman Businessmen Group (BMG) and Former President KCCI Siraj Kassam Teli and Acting President Abdul Basit Abdul Razzak during their visit to Karachi Chamber, Small Traders and Shopkeepers informed that some shopkeepers have recently been detained by Rangers on charge of acting as ‘facilitators’ which was not factual in many cases and it was a matter of grave concern that their distressed families are completely unaware about the whereabouts of such detainees. There is a dire need to define the exact definition of Facilitator so that shopkeepers and small traders could be very careful in their daily business dealings and immediately get in touch with LEAs in case they find anything wrong, they added.

Representatives belonging to Saddar Alliance of Markets Association, All Karachi Anjuman-e-Tajiran, Anjuman-e-Tajiran Bolton Market, Old City Alliance Markets Association, Karachi Dari and Bed Sheet Merchant, All Bidi Manufacturers Association, Mithadar Merchant Association, All Pakistan Small Traders and Cottage Industry, Machhi Miyani Market Association, Pak Alliance of Market Association, All Sindh Sarafa and Jewellers Association, Shershah Kabari Market, Iron and Steel Merchant Association, All City Tajir Ittehad, Hussainabad Traders Association, Madina City Mall, Kaghzi Bazaar Association and Bhora Pir Paint Association were led by Chairman of KCCI’s Special Committee for Small Traders Majeed Memon at the meeting.

Small Traders and Shopkeepers pointed out that the situation in almost all the markets of the city, particularly the Old City Areas, continues to worsen day by day where shopkeepers have been constantly receiving extortion chits hence, the Karachi Chamber, being the actual representative of entire business and industrial community, must come forward and provide a helping hand to tense shopkeepers and small traders. After listening to the grievances being faced by shopkeepers, Chairman BMG and Former President KCCI Siraj Kassam Teli assured full support and cooperation in effectively dealing with the rising activities of extortionists.

He said that the Director General Pakistan Rangers Sindh Maj. Gen. Muhammad Saeed will be approached by Karachi Chamber so that the issues being faced by small traders could be extensively discussed and a secure business environment could be ensured in every nook and corner of Karachi city. He said that the robbery incidents were widely being reported from different parts of the city and an upsurge in these activities has been witnessed particularly during the last couple of days. Robberies were frequently taking place at the houses situated near Makki Masjid in the vicinity of Adamjeenagar in broad daylight that requires special attention and stringent measures from Law Enforcing Agencies.

Keeping in view the strenuous efforts made by Rangers towards restoring peace in Karachi to a certain extent, Chairman BMG was fairly optimistic that they will be able to strictly deal with these extortionists as well who are once again making attempts to resurface again. He advised Small Traders to give nominations for a committee so that the extortion related cases could be taken up with LEAs from KCCI’s platform. For the proposed Committee, Siraj Teli nominated three representatives of Karachi Chamber including Acting President Abdul Basit Abdul Razzak, Chairman Special Committee for Small Traders Majid Memon and Chairman KCCI’s Sub-Committee for Law and Order Mansoor Ahmed.

For more information, contact:
Director Press/Electronic Media and Public Relations
Karachi Chamber of Commerce and Industry (KCCI)
Aiwan-e-Tijarat Road, Off Shahrah-e-Liaquat,
Karachi-74000
Phone: +92-21-99218001-09
Fax: +92-21-99218040
Email: info@kcci.com.pk, secretary@kcci.com.pk
Website: www.kcci.com.pk

Annual exports may jump by four billion dollars: Mian Zahid Hussain

Islamabad, December 29, 2017 (PPI-OT):President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Friday said devaluation and other steps may result in an increase of four billion dollars in the total exports.

However, the entire imports for the ongoing fiscal year may jump by eight billion dollars resulting in a wide deficit and more problems for the economic managers, he said. Mian Zahid Hussain said that policy of getting loans to repay old loans and preferring borrowing over exports has not only damaged economy but also the sovereignty, therefore, the policy should be reviewed.

The Former Minister said that last year’s exports stood at twenty billion dollars while imports were at fifty-two billion dollars. The weakening of the currency has hot the economy and entire population save some exporters, he observed.

The veteran business leader said that Pakistan’s total exports were around twenty billion dollars for the last fiscal while Bangladesh fetched twenty-eight billion dollars on the account of garments only. The government should stop getting costly loans and bring down the price of energy for the export sector otherwise Pakistani products would be soon wiped off from the international market, he warned.

For more information, contact:
President,
Pakistan Businessmen and Intellectuals Forum (PBIF)
Tel: +92-343-2226888
Tel: +92-300-8233364
Email: ceo@kenlubes.net

ICCI calls for early promulgation of new rent law in Islamabad

Islamabad, December 29, 2017 (PPI-OT):Nisar Ahmed Mirza, Acting President, Islamabad Chamber of Commerce and Industry has called upon the government to take urgent measures for early passage and promulgation of a new rent control law in Islamabad to meet the long-standing demands of traders. He said due to delay in the enactment of amended bill of rent law, the traders of almost all the local markets have now started protest movement as they were feeling very disappointed over the inaction of the government to promulgate a new rent law in the federal capital. He was talking to a delegation of local traders that called on him to discuss the problems being faced by the trading community due to absence of a rent law in Islamabad.

The delegation members said that with the consultation of all stakeholders, an amended bill of rent control act for Islamabad was prepared that was presented long time ago in the National Assembly. However, no action has been taken so far to pass the said bill into law and delay in its enactment was giving rise to rent disputes. This situation was creating lot of frustrations in the trading community as they were feeling insecure about their business future. They stressed that government should pass the bill into law without wasting further time so that traders could do business with a sense of security and peace of mind.

For more information, contact:
Islamabad Chamber of Commerce and Industry (ICCI)
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1,
Islamabad, Pakistan
Tel: +9251 225 0526, 2253145, 8432676
Fax: +9251 225 2950
Email: icci@brain.net.pk
Website: www.icci.com.pk