Karachi: Korangi Association of Trade & Industry (KATI) anticipated devaluation of rupee as a great threat to industrial sector in the country. In a joint statement President Tariq Malik, Senior Vice President Salman Aslam and Vice President of the Association Junaid Naqi showed deep concerns over weakening rupee. Tariq Malik said that Pakistani Rupee can only be strengthen by taking right and supportive measures for the prosperity of industrial and exports sector. Tariq Malik said that Industrialists and exporters were urging for a long term policy which helps to expend country’s exports. He noted that while industry is facing high cost of production our exporter was also didn’t able to compete in international Market. He mentioned that unnecessary imports and shortsighted policies were also contributing to the devaluation of the rupee. Tariq Malik suggested that strong industrial base, up to mark exports and expending opportunities for foreign investment can collectively fight back the challenges created by depreciation of the currency. He said that it is expected that newly elected leadership in upcoming election would consider economy of their first most priority.
KARACHI – ACCA (the “Association of Chartered Certified Accountants”) believes that it is time to make radical changes in the approach towards budget and the economic model of Pakistan. We are compelled to think beyond twelve months and take medium to long term perspective focusing on inclusive economic growth and development model for Pakistan rather […]
KARACHI : PSO, Pakistan’s leading oil marketing company on the occasion of Rabi ul Awal celebrates EId Milad un Nabi (Peace be upon Him) by illuminating their corporate head quarters located at Karachi. A special event of Milad shareef will also be arranged by employees to mark the occasion. Related
Honor Mobile has released many phones this year in Pakistan and now their best one has just hit the market. The Honor 8X launches in Pakistan at a red carpet event held at Dolmen Mall, Clifton, Karachi. The event had a star studded line-up with sibling duo Mehwish and Danish Hayat. We were also graced […]