Province has proven reserves of some 9 trillion natural gas; oil reserves exceed 500 million barrels Interview with Mr. Raziuddin (Razi) – CEO KPOGCL Raziuddin Razi, who is the Chief Executive Officer of Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) for one and half years having a vast experience and worked in both international and domestic energy sectors. Raziuddin, who did his MSC and MBA from Michigan and …

  Karachi Port one of the most expensive ports in South Asia Interview with Captain Anwar Shah   Profile Captain Anwar Shah is a reputed professional in the management and operation of port terminals, maritime transport and logistics industry with a vast experience of over 50 years that includes marketing, chartering, marine insurance hull and P&I Club, Cargo Claim Survey, Shipping and Trading documentation, Salvage of Ship and Damaged Cargoes, …

  The number of used cars being imported under different schemes are still on rise as more than 8,500 used vehicles were imported during just two months of the current financial year. According to details, approximately 4,440 vehicles were imported in July 2016 and 4,076 were imported in August 2016. The break-up of imported vehicles in July shows that 2,408 cars below 800cc (1211 cars and 1197 cargo vans/pick-ups/jeeps) and …

  Over 4,000 foreign flag vessels dock at Pakistani ports Maritime business on the path of growth Prime Minister Mian Muhammad Nawaz Sharif has said Pakistan is committed to protect its maritime assets and strong, democratic and economically vibrant Pakistan is his vision. The Prime Minister said this while inaugurating Pakistan Navy Fleet Tanker at Karachi Shipyard and Engineering Works, on Friday. The 17,000-ton Fleet Tanker has been built with …

  Corporation has world’s youngest fleet of quality vessels India, Sri Lanka, Bangladesh and multinational companies charter its vessels Despite ECC decision, public sector organizations reluctant to utilize PNSC services Pakistan can save huge cost being paid to foreign flag-ships Interview with Brig. (Retd) Rashid Siddiqui – Executive Director PNSC (Administration) and former chairman PNSC   Profile Brig. (Retd) Rashid Siddiqui is the Executive Director (Administration), Pakistan National Shipping Corporation, …

  The industry views it as a balanced policy with certain reservations The approval of auto policy 2016-21 by the Economic Coordination Committee (ECC) is aimed at removing uncertainty with regards to future duty structure and investment incentives in the automobile sector of Pakistan. In this regard, the Chief Operating Officer (COO) Indus Motor Company, Mr. Ali Asghar Jamali while reviewing the Auto Policy 2016-2021 approved said that Automotive Development …

  Heavy taxes may stall investment in real estate sector Interview with Mohammad Hanif Gohar – Chairman, Association of Builders & Developers of Pakistan  (ABAD)   Profile Mohammad Hanif Gohar is the Chairman of Gohar Group of Companies since 1988. He is a man of exemplary vision and enterprise, having led the Group for three decades, to international shores and having proven the competency and capabilities of the Pakistani housing, …

  Interview with Saad Muhammad Arshed Malik – MD, Lamudi-Pakistan Saad Arshed Malik, Managing Director Lamudi-Pakistan while giving an overview of the vision and scope of Lamudi especially in the property and real estate sector said that Lamudi’s vision is to bring ease of access to people wherever they are in Pakistan in terms of property searching. Our objective is to help individuals in the property markets to find their …

  Posts strong financial results for first quarter of 2016 Habib Bank Limited (HBL) has recently achieved a landmark in the banking history by becoming the first Pakistani bank to receive a license for opening a branch in Urumqi in Western China. The Bank expects that the branch will be operational by the end of the year and will further cement links with China. With ample liquidity and a sound …

  Provides a vital cushion to foreign exchange and money market stability The home remittances by overseas Pakistanis have become a considerable source of external flows, which have provided the much needed cushion to foreign exchange as well as money market as both money and foreign exchange markets exhibited relative tranquility in Pakistan. While talking to PAGE, Sirajuddin Aziz, President and CEO Habib Metro said that Pakistani banks and other …