Indonesia increases Pak kinnow import


ISLAMABAD (Staff Reporter): As a result of Commerce Minister Khurram Dastgir Khan’s visit to Jakarta and the subsequent review of preferential trade agreement (PTA), Indonesia has increased Pakistan's kinnow import. Initially, import of kinnow from Pakistan was restricted to months of February and March only which has now been doubled from January to April. Official notification to this effect has been issued by the Indonesian government. Minister for commerce reiterated that under the leadership of Prime Minister Nawaz Sharif, the government is relentlessly working for promotion of trade, adding that within the coming months more free trade agreements (FTAs) will be signed that would open up new markets for Pakistani products.Dastgir applauded the efforts and achievements of the negotiating team and instructed them to continue their untiring efforts in economic diplomacy in order to enhance Pakistani exports for the benefit of the people of Pakistan.


ICAP holds meet up with corporate

sector professionals

LAHORE (Staff Reporter): The Institute of Chartered Accountants of Pakistan (ICAP) arranged an exclusive meet up with the leading professionals from the corporate sector at a local hotel on Thursday. ICAP President Nadeem Yousaf Adil was the chief guest on the occasion. The event was largely attended by leading businessmen, top executives, representatives of public sector and senior CAs. ICAP South Vice President Khalilullah Shaikh briefed the audience about the recent initiatives of the Institute in general and those related to industry, in particular. He explained that accountancy, deemed as one of the oldest profession, has witnessed most changes in the business environment, some triggered by the technology, complexities and changing economies, while some triggered as consequences of accounting failures. ICAP, being the flag bearer of accounting profession in Pakistan, has been promptly responding to the changed environment.

 Focusing on some major initiatives, such as, improved focus on professional accountants in business and industry, mid-tier certification and industrial training, he added.


Businessmen condemn India’s violations at LoC

LAHORE (Staff Reporter): The business community, showing deep concern over the Indian atrocities in occupied Kashmir as well as its targeting of civilians on the Line of Control (LoC), has re-affirmed its political, diplomatic and moral support to the people of Jammu and Kashmir in their struggle for their right to self-determination in accordance with the United Nations (UN) Security Council resolutions. Alarmed by the escalation of tension with India along the LoC, APBF President Ibrahim Qureshi asked the UN to act before the situation snowballs into a full-fledged crisis. He stated that the situation along the LoC posed a grave threat to international peace and security. As the Indian troops mounted a massive bombardment of Pakistani positions along the LoC, the APBF president said that Pakistan will never abandon Kashmiris in their freedom struggle. He asked the government for not tolerating the deliberate targeting of civilians and ambulances by the Indian side.

He said Pakistan had exercised maximum restraint despite the continuing ceasefire violations by Indian security forces along the LoC.

Meanwhile, Lahore Chamber of Commerce & Industry (LCCI) strongly condemned Indian aggression at LoC and urged the international community to restrain India from continuous violation of International laws.

LCCI President Abdul Basit said that violation at LoC by the unbridled Indian security forces in not tolerable and the Indian government should well aware of the fact that Pakistan has abilities and all resources to give a strong reply.

He said that European Union, United Nations and Organisation of Islamic Countries should take prompt action against Indian aggression at LoC and in Kashmir, as it is an attempt to spoil the peace in South Asia. If war starts then its deadly affects would not be restrained to just South Asia, he added.


Smeda, WCCI organise seminar on social media marketing

LAHORE (Staff Reporter): The Small and Medium Enterprises Development Authority (SMEDA), to celebrate Global Entrepreneurship Week, held a training workshop on Social Media Marketing in collaboration with Women Chamber of Commerce and Industry (WCCI) at Aiwan-e-Iqbal Complex on Thursday. Muhammad Alamgir Chaudhry, General Manager Outreach Division of SMEDA, was the chief guest of the workshop, which was also addressed by Shazia Suleman, newly elected president and Qaisra Sheikh, former president WCCI-Lahore. Whereas, Tania Buttar, incharge Women Entrepreneurship Development Cell and Areeb Masood, trainer of the workshop, also spoke on the occasion. While delivering welcome address to the participants, Alamgir apprised the participants about business development services available in SMEDA for new and existing SMEs.

He informed that the from 25-30 percent individuals visiting SMEDA help-desk for having business support had been asking for marketing services, a majority of whom were the women entrepreneurs. Therefore, he said that a series of training workshops on social media marketing had been planned for all major business cities. He appreciated the enthusiasm expressed by the office bearers of WCCI-Lahore for holding this workshop.