05062016Fri
Last update: Fri, 06 May 2016 02am

Industries & Sectors

Pakistan - Industries & Sectors

E-Commerce records phenomenal increase: FCCI FAISALABAD: Syed Zia Alamdar Hussain, acting President Faisalabad Chamber of Commerce and Industry (FCCI) has said total business volume of E-Commerce has recorded a phenomenal increase that jumped from US$ 60 million to US$ 2 billion just within a short span of few years. He was talking to Joost Van Der Gelt representative of Vida XL.Com, an online company of Netherland. Joost was on a business trip to purchase different products including textile items from Pakistan, India, China and Bangladesh for his company. Syed Zia said that online business was a new concept and during last three months this business has recorded 50 percent increase which is reflective of its bright future. This new trend will provide quality products at comparatively cheap rates as it has many advantages including maintaining only warehouses instead of well decorated departmental stores in posh city areas. He said that the general consumers, under this ...

Pakistan - Industries & Sectors

682 km long Railway track to be constructed under CPEC ISLAMABAD: Pakistan Railways is working on a proposal to lay down a railway track between Pakistan's city of Hawalian to Khunjrab.According to a report, the railway track project would be of 682 kilometer long and would be completed under China Pak Economic Corridor project (CPEC) ,reported a private news channel.The proposed railway line would be constructed via Abbottabad, Mansehra, Batgram, Besham Chilas, Daso, Gilgit and Hunza.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Industries & Sectors

Telecom sector contributes Rs745bn to national exchequer ISLAMABAD: Telecom sector has contributed an amount of Rs. 745 billion to national exchequer in terms of regulatory duties and taxes during last five years.A higher contribution of Rs. 243.8 billion was made during 2013-14 due to Pakistan Telecommunication Authority's (PTA) extraordinary deposits of Rs. 96.5 billion out of total value of 3G and 4G spectrum auction in April 2014.In 2014-15, telecom sector contributed Rs. 126.6 billion to national exchequer in terms of regulatory duties ...

Pakistan - Industries & Sectors

Mobilink re-launches the ‘Jazz’ brand Mobilink, the Pakistani mobile operator has re-launched ‘Jazz’ its youth focused brand with a new slogan ‘Duniya ko Bataa Do.’According to local media reports, the popular Jazz brand was integrated to Mobilink, after the company rebranded itself in the year 2013.“This is the beginning of a bold new era for us, our consumers, the industry and the entire nation...the time is now right to reintroduce it as Mobilink looks towards the future….we have made the ...

Pakistan - Industries & Sectors

Lucky Cement records Rs9.61bn profit for 9 months KARACHI: Lucky Cement Limited continued to lead the cement industry in terms of sales volumes and reported net profit of Rs. 9.61 billion for the nine months ended March 31, 2016 which is 3.3 percent higher than the same period last year.Consequently, the earnings per share (EPS) for the nine months increased to Rs. 29.73 compared to Rs. 28.77 reported during the same period last year, a statement of the company said here on Monday. ...

Pakistan - Industries & Sectors

Railways announces new stops of four trains, abolish five stops ISLAMABAD: Pakistan Railways has announced new stops for four various passengers trains, abolish five stops and declare two stops as permanent.According to Time Table for Summer 2016, Pakistan Railways has also announced to change departure timing of 10 various trains across the country.As per new schedule of the Pakistan Railways, Bolan Mail now will depart from Quetta at 11 am, Awam Express from Peshawar at 10 am, Akbar Express from Quetta at 10 am, Badar ...

Pakistan - Industries & Sectors

Microsoft launches employment platform for Pakistan The world largest software maker, Microsoft has launched ‘Rozgar.Work,’ an initiative which is the first of its kind employability and entrepreneurship platform, in Pakistan.According to local media reports, Microsoft has partnered with World Vision-Pakistan and has introduced a platform that would offer job-seekers with career guidance, up skilling, job-matching and mentorship, in order to curtail the country’s ever growing unemployment and underemployment. Microsoft Pakistan’s General Manager Nadeem Malik said,”At Microsoft we believe in sharing our ...