Leasing companies play a vital role in capital formation Interview with Mr Shaham Ahmad — Honorary Secretary, ICMA-Pakistan PAGE: Tell me something about yourself and your organization, please. Shaham Ahmad: I am a Fellow member of ICMA and a member of the current National Council of the Institute for the three-year term from 2021 to 2023. The Council has nominated me as the ‘Honorary Secretary’ of the Institute in which capacity I am responsible to look after those affairs of the Institute as envisaged in the CMA Act and Regulations. I held the office of the Chairman of the Karachi Branch…
Author: Khalil Ahmed
Interview with Mr Mustafa Mirchawala – CEO, Mirchawala’s Hub of Accountancy Profile: Mustafa Mirchawala is a compelling and sought after trainer and speaker, who helps his audience learn complex concepts in simple ways. Having a user friendly style, he speaks regularly at leading business schools and in the corporate fraternity with exposure of various universities, and corporate sector he brings with himself over 12 years professional training experience of IFRS, financial management and tax which is complimented by a rich blend of practical experience. Mustafa has served leading universities in Pakistan for training session like Bahria University, Commecs, Mohammed Ali…
Interview with Mr Farhan Saeed — Faculty Member, Tabani’s School of Accountancy PAGE: Tell me something about yourself: Farhan Saeed: I am a qualified accountant, full-time faculty member of Management Accounting by profession. I have been teaching professional accountancy qualifications; CA, ACCA, ICMA and ACCA since 1999. I have been associated with the Tabani’s School of Accountancy since 2004. Besides, I have also worked with The Centre for Management Sciences, Mithani’s House of Business Education, School of Business Studies and Escribir College of Advanced Studies not only as a teacher but as a key management person like Head of Academics, Vice-principal,…
Interview with Mr Azeem Hussain Siddiqui – FCA, FCMA PAGE: Tell me something about yourself and your organization, please Azeem Hussain Siddiqui: I am a Fellow Member of Institute of Cost & Management Accountants of Pakistan, Institute of Chartered Accountants of Pakistan and Institute of Corporate Secretaries of Pakistan. Having more than 30 years of working experience, I am currently Partner at Naveed Zafar Ashfaq Jaffery & Co. Chartered Accountants. Previously have served KPMG Taseer Hadi & Co. Chartered Accountants. Besides, I am current Chairman of Karachi Branch Council of ICMA Pakistan and Vice President of Pakistan Quiz Society International. I…
Interview with Mr Aamir Ijaz Khan — Executive Director, ICMA International PAGE: Tell me something about yourself and your organization, please. Aamir Ijaz Khan: By profession, I am a Fellow Cost and Management Accountant and have on my credit around 20 years of diversified experience in the areas of Client Servicing, Project Implementation, Business Repositioning, Financial Management, and Compliance. I am also a SAP, FICO Certified Consultant. Before joining ICMA Pakistan as Executive Director, I was serving as Head of Quality Assurance at M/s. Innovative Pvt. Ltd. I had also worked as an Audit MIS Expert (Punjab) in a World Bank-funded…
Interview with Lt. Col (R) Dr Malik Ahmed Saeed — Administrative Superintendent LRBT Hospital, Korangi Karachi PAGE: Tell me something about yourself and your career, please: Malik Ahmed Saeed: Talking about myself, I felt narcissistic so I asked some friends, family and colleagues. Their responses were as follows: – A veteran with a world of knowledge, who can write a very interesting memoir [My Friends] – An Army man tough on the outside, soft on the inside. A Messiah amongst us, being a Doctor by profession [My Colleagues] – Our Dad, has sacrificed his life and career for our wellbeing; he…
Interview with Dr Asia Saif Alvi — a dynamic young political analyst Profile: Dr Asia Saif Alvi is a dynamic young political analyst from Lahore. After finishing her school and college education, she went to Islamabad for Masters from Quaid-e-Azam University. After doing her Masters, she joined a local college in Lahore for teaching. Simultaneously, she got admission to Government College University Lahore for her MPhil in the political science department. Meanwhile, she quit her college job and started working at the Virtual University of Pakistan in 2009. After doing her MPhil, she enrolled in the PhD program at Punjab…
Interview with Mr Adnan Ghaffar – Principal, The Aura School PAGE: Tell me something about yourself and your school, please: Adnan Ghaffar: I am working as a principal in “The Aura School”. I have more than 15 years of teaching experience at the matric, intermediate, and undergrad level. I completed my degree of Master’s from the University of Karachi in 2003 and then MS from FAST and a Double MA in Economics from the University of Karachi in 2008 and 2009 respectively. The Aura School provides education from pre-school to matric. The vision of the school is to provide quality education…
Plenty of uncertainty across the globe Uncertainty is worse than bad news. There is plenty of uncertainty across the globe. The investors seem to be dithering whether to invest in gold or dollar as hedging. Sometimes it seems as if the entire world is going to invest in gold and at other times it is other way around. The investment scenario is in a state of flux. There was a drop of $79 per ounce in the world gold market in 2021. The uncertainty dragged international gold rates down to $1,820 versus $1,899 per ounce at the outset of 2021.…
Interview with Mr. Abbas Akberali — Chairman Amreli Steels Profile: Mr. Abbas Akberali is the Patron-in-Chief of Pakistan Association of Large Steel Producers. He is also Chairman Amreli Steels, which is the largest producer of world class steel bars in Pakistan. He is also Vice Chairman of National Steel Advisory Council. He is on the Board of the Engineering Development Board. He has spent over five decades in the steel sector of Pakistan and is regarded as a steel ICON and brings unparalleled experience with Metallurgical Engineering background combined with an MBA from Columbia University, NY, USA. Mr. Abbas Akberali’s…
Present political gimmickry is gruesome for investors Interview with Mr Sanie Khan — Independent Capital Market Expert Profile: Mr Sanie Khan has worked as Chief Executive Officer of many organizations and has extensive knowledge and capital to develop and grow the business from the scratch. He was the General Manager at the Pakistan Stock Exchange (PSX) for 22 years. He along with senior members of Exchange successfully negotiated Pakistan’s first ever Risk Management reforms with the Apex Regulator and implemented Client-Level Margining and VaR Risk Metrics at the Pakistani Capital Markets. Apart from designing and developing Pakistan’s first ever Islamic…
Interview with Syed Ali Raza Bukhari, National Investment Trust Limited PAGE: Tell me something about yourself, please: SYED ALI RAZA BUKHARI: Prior to joining National Investment Trust Limited in 2018, I have had the opportunity to set up and successfully manage a Pakistan Stock Exchange Member Brokerage firm, bringing it up as a boutique institutional trading platform. I have also been associated with the asset management industry for quite some time now, spreading my 17.5 years of specialized financial services experience into a diversified landscape of multiple professional domains like investment and financial advisory, distribution, marketing & sales, specialized product development,…
Banks should keep focus on innovation Interview with Mr Salman Ahmed Khan — Unit Head Fraud Risk Management Department, Summit Bank Limited PAGE: Tell me something about yourself, please: Salman Ahmed Khan: I am working as Unit Head in Fraud Risk Management in Summit Bank. I am heading Fraud Monitoring Team for Digital Frauds and also looking after Periodic Regulatory Fraud Reporting to State Bank of Pakistan. PAGE: How would you comment on digital experiences for banking sector consumers? Salman Ahmed Khan: Future is of digital and branchless banking. Banks which are leading today is due to adoption of the state-of-the-art technology.…
Interview with Mr. Urooj Ul Hasan Khan — ACA, CFA (GM & Head Investment Banking & Shariah Advisory Meezan Bank Limited) PAGE: Tell me something about yourself, please: Urooj Ul Hasan Khan: I am a Chartered Accountant from the Institute of Chartered Accountants Pakistan (ICAP) alongside holding a charter from the CFA Institute (USA) and Chartered Institute of Management Accountants (UK). I joined Meezan Bank Limited in 2008 and currently holding the position of General Manager and Head of Investment Banking & Shariah Advisory group. My core responsibilities include managing Investment banking business origination, monitoring, execution and delivery of deals including…
Balochistan Economic Forum fully supports BRI Interview with Sardar Shoukat Popalzai – President, Balochistan Economic Forum Profile: Sardar Shoukat Popalzai, President Balochistan Economic Forum, gained his degree in International Relations with major on diplomacy, economics and anti-terrorism before spending nearly 24 years on professional career in the field of information service on International Diplomacy – Corporate Information and Media Monitoring. Over the years he has made presentations at numerous important conferences and corporate briefings. He is also recipient of awards from USA, Great Britain, France, the People’s Republic of China and the Federal Republic of Germany, Balochistan Economic Forum has…
Interview with Mr Saad Hassan — Wing Head Management Audit, National Bank of Pakistan PAGE: Tell me something about yourself, please: Saad Hassan: I work at NBP as Wing Head, Management Audit. I have gotten working experience in the areas of Regulatory Compliance, Service Quality, Training & Development and Audit & Inspection. I am an MBA from IBA coupled with Masters in Economics and Masters in Islamic Banking & Finance besides Associate of Institute of Bankers, Pakistan (IBP). PAGE: Creating better digital experiences for banking sector consumers is of paramount importance. How would you comment? Saad Hassan: This is of utmost importance…
Interview with Mr Amir Salman – CEO, ENA Pakistan Profile Amir Salman holds immense wisdom and expertise in the realm of multinational concerns, with a professional experience of around 30+ years. Amir Salman is known for his exceptional work and contribution in the development of new products/markets in his assignments with Schneider partners (CNS Engineering and Innovative Pvt Ltd), DuPont, Orix Leasing and Marubeni Corporation. He quotes saying that his time at JBS has been “an exciting one as the environment is very conducive”. In his professional experience and journey of almost 30 years, he has found JBS a very…
Govt must work hard on power supply improvements Energy through solar and wind most feasible Interview with Muhammad Abbas Sajid — former Chairman, Renewable and Alternative Energy Association of Pakistan, Karachi Chapter PAGE: Tell me something about yourself and your organization, please: Muhammad Abbas Sajid: I graduated as a Mechanical Engineer from the NED University of Engineering & Technology, Karachi, Pakistan in 1983 and studied Business Management at the Joseph M. Katz School of Business at the University of Pittsburgh, USA. I am a Registered Professional Engineer with the Pakistan Engineering Council and CEO of a Mechanical Engineering Company in Pakistan by the…
Conversation with Muhammad Farooq Afzal – CEO, ITN Group of Companies Profile: Muhammad Farooq Afzal is a dynamic and a profound professional in the realm of Textiles, Information Technology, Business Consultancy, Tourism, and Event Management. He has been pursuing his entrepreneurial ambitions for last 22 years, locally & internationally. He has been playing an instrumental role in promoting trade and business ties between Pakistan and other countries since 2004. Farooq has been continuously putting in his multifaceted efforts towards the cause of promotion of bilateral and multilateral trade. He has also been participating in TV talk shows regularly to speak…
Profile: Mr Khalid Tawab is an economics, finance and international trade expert. He is a prominent businessman and former Minister of Commerce & Industry Government of Sindh and former Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). He has also served as Vice President and Chairman of various Advisory Committees. He is former Senior Vice President of Karachi Chamber of Commerce & Industry. The Government of Pakistan conferred the award of “SITARA-I-IMTIAZ” on him in 2008 for his services. He has visited various countries in order to accomplish Pakistan government’s objectives to enhance economic…
Potential of huge renewable sources, geothermal energy must be utilized fairly Country’s power generation from renewables will move up 30% by 2030 Interview with Mr. Shabbir Hassan Mansha — Acting President, FPCCI PAGE: Tell me something about yourself and your organization, please: Shabbir Hassan Mansha: I am a professional and tax law expert in all the matters related to imports and exports and have vast experience of more than 25 years in field of supply chain management that includes Trading, Tax advisory and logistics. I have also served the business community as elected office bearer in Key organizations some of which…
Interview with Mr Zia ul Mustafa Awan, President, ICMA International PAKISTAN & GULF ECONOMIST had an exclusive conversation with Mr Zia ul Mustafa Awan regarding Federal Budget 2022-23. Excerpts of the conversation are as follows: Pakistan is facing daunting economic challenges at the moment which require some sagacious policy-making to put the economy on the right track. A new coalition government has assumed power only two months back and it looks committed to meeting these challenges squarely. We have seen some tough and unpopular decisions by the government recently by increasing the petroleum prices as a preemptive measure to seek the…
Interview with Mr Ashfaq Yousuf Tola –President, TOLA ASSOCIATES Profile: Professional Accomplishments Memberships: Fellow Member of Institute of Chartered Accountants of Pakistan Fellow Member of the Institute of Cost & Management Accountants of Pakistan Life Member of Karachi Press Club Life Member of SAARC Chamber of Commerce and Industry Member of Karachi Tax Bar Association. Key Achievements: Presentation to IMF on Single Stage Sales Tax in December 2015 Visited Turkey as an official of Government of Pakistan to study Turkish Tax System and authored a report on Turkish Taxation System Knowledge of more than 40 Jurisdictions around the Globe and…
Conversation with Mr Majyd Aziz — Former President, Karachi Chamber of Commerce and Industry PAKISTAN & GULF ECONOMIST had an exclusive conversation with Mr Majyd Aziz regarding FEDERAL BUDGET 2022-23. Excerpts of the conversation are as follows: Sitting in front of the TV, watching and listening to a Finance Minister presenting the Federal Budget is an annual ritual that trade and industry performs, usually without fail. In the days of Ghulam Ishaq Khan, the radio was the main medium. GIK would present the entire budget in his monotonous voice and, by the time the speech would end, the business community…
Conversation with Dr. Ayub Mehar, a renowned economist PAKISTAN & GULF ECONOMIST had an exclusive conversation with Dr. Ayub Mehar regarding FEDERAL BUDGET 2022-23. Excerpts of the conversation are as follows: Though federal budget 2022-23 has been discussed by the various segments of the society including supporters of the coalition government, PTI supporters, business community, salaried persons and common people, however, the most considerable point is that all the comments on the budget are based only on the budget speech and the ‘Salient features of the budget’ prepared by the Ministry of Finance and presented by the Finance Minister. But, reality…
Interview with Mr Gul Muhammad Lot – Chairman, Mehran Spice & Food Industries PAGE: Tell me something about yourself and your organization, please: Gul Muhammad Lot: I was born in Pakistan in the Diplo area of Thar District in Sindh. At a very young age, I have joined my Father, (late) Mr. Ghullam Muhammad Lot in his business. As far as education, I have completed my bachelors in administration from the London School of Business and obtain master’s degree in political science from the University of Sindh, Hyderabad. I served as politician career as well and leave senate in 2015.…
Interview with Rafiq Rangoonwala – CEO, Quick Foods Industries (MonSalwa) PAGE: Tell me something about yourself and your organization, please: Rafiq Rangoonwala: I am presently working as CEO of Quick Foods Industries (MonSalwa). I have extensive experience of over 40 years in creating, building and leading key Fast Food Brands in Pakistan and across the globe including KFC, Burger King, TGIF, Hardees, Pizza Hu, Harry Ramsden etc. Currently, I am on the Advisory Board of Ijara Capital, Advisor to Bahria University Karachi, Member Scientific Panel at Sindh Food Authority and also I am the founder President of Pakistan Food Association.…
All possible assistance needed to meet export target Conversation with Mr Waheed Ahmed — Patron-in-Chief, All Pakistan Fruit and Vegetable Exporters Association (PFVA) PAKISTAN & GULF ECONOMIST sought perspective of Mr Waheed Ahmed about the decline in mango production during the current season. The excerpts are as below: Due to climate change, shortage of electricity and diesel, increase in cost of packaging processing and high freight charges, exporters as well mango growers have to face a crisis during the current mango season. Pakistan is facing a 50% drop in mango production this year due to the effects of climate changes…
Since its inception in 2020, Pakistan Stock Exchange’s (PSX) Growth Enterprise Market (GEM) Board is progressively gaining traction and now proudly lists the third growth enterprise on the Stock Exchange, Supernet Limited (SL). The GEM Board is a listing platform created to facilitate growth enterprises, whether small, medium or greenfield businesses, for their capital raising needs. A Gong Ceremony was held to announce the listing of Supernet on PSX’s GEM Board. The Ceremony was attended by COO PSX, Nadir Rahman; Advisor Supernet Limited, Shams Arfeen; CEO Supernet Limited, Jamal Nasir Khan; CEO Topline Securities, Mohammed Sohail and senior management of…
Interview with Dr. Syed Arif Hussain — General Manager Marketing and Compliance, Alpha Insurance Company Limited Profile: Dr. Syed Arif Hussain is General Manager Marketing and Compliance at Alpha Insurance Company Limited. He has gotten expertise in management, resource development, marketing and execution of business strategies. His professional experience is spread over 24 years at progressive senior level positions and has the experience of underwriting, reinsurance, claims management and marketing with the State Life Insurance Corporation of Pakistan, Dawood Family Takaful Limited and as a Chief Executive Officer. He also headed Takaful Pakistan Limited a Non-Life Takaful Company and Excel…
Interview with Muhammad Nasir Ali Syed — Executive Director Health & Emerging Lines, Salaam Takaful Limited PAGE: Tell me something about yourself, please: Muhammad Nasir Ali Syed: I did my master’s and gained my professional experience in Insurance & Takaful Industry. I chose that field because of my nature, and I’ve always been interested in helping people in a time of need. There is no bigger satisfaction in the world than to help a fellow human being and get his honest blessings in return. I firmly believe in developing a vision in life and planning accordingly. Without vision and purpose, one…
Interview with Mr Naim Anwar – Chairman, Pakistan Insurance Institute PAGE: Tell me something about yourself, please: Naim Anwar: I did my graduation from Karachi and then followed ACCA as a background. After working nearly ten years in London in textiles and leather sectors, came back to Pakistan in 1992 and since 1993 entered insurance industry by joining Adamjee Insurance Limited, where I parted as Executive Director and joined PICIC Insurance Limited as Deputy Managing Director. With the change of management at Crescent Star Insurance Limited, one of the oldest insurance firm in Pakistan, I got associated as Managing Director &…
Remittances from Gulf nations remarkable, need to improve relations with others for better outcome Interview with Mr Hamad Rasool Bhullar — an analyst PAGE: Tell me something about yourself, please: Hamad Rasool Bhullar: I am currently working with a large public sector organization. With respect to my work with the financial sector, I have been involved in research and training for over 28 years and so far, and conducted over 300 trainings on different aspects of Finance, Business Ethics, Audit and Corporate Governance from basic concepts to professional applications in Projects Finance, Shariah Compliant risk management, investment management and Corporate Governance…
Islamic mutual funds have the potential for unprecedented growth Sukuk issuances will keep growing in future Al Meezan hold on to offering valuable and advance products Interview with Mohammad Shoaib – CFA and CEO, Al Meezan Investments PAGE: Tell me something about yourself, please? Mohammad Shoaib: I have the honor of being the founding CEO of Al Meezan Investment Management Ltd (AMIM), which is the first and still the only full-fledged Shariah Compliant Asset Management Company in Pakistan. Al Meezan Investments is managing investments of over Rs.186 Billion USD 1.05 Billion (as on January 31, 2022) across 19 mutual funds/pension funds…
Gulf countries may continue to contribute over 50pc of remittances into Pakistan Inflows from the diaspora of US witnessed growth of 47pc Interview with Syed Ali Raza Bukhari — National Investment Trust Limited PAGE: Tell me something about yourself, please: Syed Ali Raza Bukhari: Prior to joining National Investment Trust Limited in 2018, I have had the opportunity to set up and successfully manage a Pakistan Stock Exchange Member Brokerage firm, bringing it up as a boutique institutional trading platform. I have also been associated with the asset management industry for quite some time now, spreading my 17 years of specialized…
Interview with Dr. Ayub Mehar — a renowned economist PAGE: Tell me something about yourself, please: Dr. Ayub Mehar: I am associated as ‘Economic Advisor’ with the Employers’ Federation of Pakistan and serving as ‘Professor’ in Iqra University Karachi (Pakistan). I have been serving as ‘Economic Advisor’ of the Economic Cooperation Organization (ECO) Chamber of Commerce for 3 years and also ‘Director General’ in the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for 7 years. Development Financing, Macroeconomic Policies, International Trade and Finance are areas of my interest. I have completed several policy research studies on strategic issues including,…
Interview with Syeda Saima Zaidi, — an analyst Syeda Saima Zaidi is a renowned academician. PAKISTAN & GULF ECONOMIST had an exclusive conversation with Syeda Saima Zaidi vis-à-vis ISLAMIC FINANCE. Following are the excerpts of the conversation: If we go through the last speech of Muhammad Ali Jinnah, he mentioned categorically that he wanted to see Islamic system of economy in Pakistan. “I will look very closely at the work of your Research Organization in developing banking practices that are in line with Islamic socio-economic ideals. In this way we will be fulfilling our mission as Muslims and delivering to…
Sukuks must also be allowed for public-private partnership projects Interview with Mr Hamza Khalil Chaudhry, an academician PAGE: Tell me something about yourself, please: Hamza Khalil Chaudhry: I am currently working as assistant professor at SZABUL. I have more than twenty two years of corporate, audit, law, in addition to teaching experience. I used to teach at many leading business schools of Karachi. PAGE: Although Islamic finance began in the seventh century, it has been formalized gradually since the late 1960s. How would you comment on it? Hamza Khalil Chaudhry: Paper currency and Bretton wood systems changed the shape of banking from…
Interview with Mr Rehan Waheed — Islamic Finance Expert Profile: Mr Rehan Waheed started his career with Meezan Bank in 2006 through its first batch trainee program and received comprehensive training at the Institute of Bankers Pakistan before his placement in the Bank. After serving at multiple positions in branch banking, he is currently leading the Bank’s Shariah Advisory Unit – a position he is currently serving at in the Investment Banking & Shariah Advisory department of Meezan Bank. At Meezan Bank, he has been actively engaged in developing unique and complex Sukuk structures including Sukuk at discount to face value,…
Interview with Mr. Barkatullah Lone, from Saudi Arabia Profile: Mr. Barkatullah Lone is Chairman of GB International Economic Forum and a renowned young Economist of Pakistan. He was ranked in the top ten Economists of Pakistan in the year 2017. He is a Chartered Accountant from England & Wales, Chartered Management Accountant from UK, Chartered Certified Accountant from UK, Chartered Global Management Accountant from the USA, Gold Medalist Management Accountant, Public Finance Accountant from Pakistan plus he holds master’s degree in Economics and Law from Karachi University. He has been associated with the corporate sector in Finance and Audit profession at…
Govt must produce more skilled workers to achieve better economic goals Interview with Mr Zaheer Ahmed — a Pakistani working in the UAE PAGE: Tell me something about yourself, please: Zaheer Ahmed: I am an overseas Pakistani residing in the UAE for more than 11 years. I got my all education in Pakistan. I started working in Pakistan after the completion of my education and later on got an opportunity in the UAE. I applied for the job and fortunately got the job and have been living in the UAE ever since. PAGE: What is your take on Roshan Digital Accounts? Zaheer…
Profile of Sarim Burney: Mr. Sarim Burney was born in Karachi on 2nd December 1970. He started human rights work in 1990 at age of 20. Being involved in social work, he saw and experienced unease, concerns and sufferings of the people which inspired him to establish organization/ trust to address the anxieties of the down trodden and oppressed segment of society. In fact Mr. Sarim Burney tried to find out a way to bring about awareness among people about their legal rights, and for that purpose he practically visited different places and studied the cases. During this period he…
IHHN opening up more healthcare facilities and benefits Indus Hospital & Health Network (IHHN) has become one of the leading organizations where the impoverished could get free-of-cost medical treatment with dignity. IHHN has made strides during 2021-22. The following were shared by the management of IHHN with PAKISTAN & GULF ECONOMIST. The COVID-19 pandemic was one of the most defining phenomena over the past year as it continued its 4th wave worldwide. While Indus Hospital & Health Network (IHHN) made remarkable efforts to contain the spread and causality rate of the virus throughout the year, 2021-22 marked many other notable…
Aaghosh Trust has been rendering its services since 2003 through different projects to provide essential and functional services to the senior citizens, handicapped, widows and helpless citizens who have no resources in this world. For last 18 years, Aaghosh Trust has been serving these people and providing 24-hour services through following different projects. Aaghosh Old Home is a major project through which elderly, disabled, orphans, widows and deserving helpless mothers who have lost their guardians, fathers, sons or husbands due to accidental or natural death and have no support in this world, are getting 24-hour shelter with three times hygienic meal, medical…
Green Crescent Trust (GCT) is among very few credible names with outstanding 3000+ existing and ongoing charity projects for the last 28 years. Green Crescent Trust intends to start 350 new schools in next 5 years. SAF-GCT charitable alliance: The alliance between two leading non-profit contributors of Pakistan to educate children of underprivileged communities was able to get massive support of leading businessmen and industrialists from Lahore for the schooling of at least 10,000 out-of-school children. The third joint fundraiser of Shahid Afridi Foundation (SAF) and Green Crescent Trust (GCT) was held in Lahore at a local hotel as it…
Every Pakistani remember this day with full zeal and fervour Interview with Dr Asia Saif Alvi — a dynamic young political analyst [box type=”shadow” align=”” class=”” width=””]Profile: Dr Asia Saif Alvi is a dynamic young political analyst from Lahore. After finishing her school and college education, she went to Islamabad for Masters from Quaid-e-Azam University. After doing her Masters, she joined a local college in Lahore for teaching. Simultaneously, she got admission to Government College University Lahore for her MPhil in the political science department. Meanwhile, she quit her college job and started working at the Virtual University of Pakistan…
SZABUL rightly committed to guide on Pakistan’s struggle for independence and unity Interview with Dr. Kashif Riaz — Associate Professor, Shaheed Zulfiqar Ali Bhutto University of Law (SZABUL) [box type=”shadow” align=”” class=”” width=””]Profile: Dr. Kashif Riaz, Associate Professor, PhD in Management Sciences is associated with Shaheed Zulfiqar Ali Bhutto University of Law (SZABUL). He has published several research papers in numerous national and international journals that are recognized by Higher Education Commission of Pakistan. Teaching and training have been his passion. He is associated with the education sector for more than 18 years. He has participated in numerous national and…
Interview with Syed Ali Abbas Abidi — former Vice Chancellor [box type=”shadow” align=”” class=”” width=””]Profile: Syed Ali Abbas Abidi has served as CFO, CEO, President, Head HR, Head Finance, Head Legal, Head ORIC, Head QEC etc. He served as Vice Chancellor which is the highest position in education sector. In Pakistan where population is 230 million and there are 160 universities, he was among 160 people out of 230 million in Pakistan. He has rendered his services as a legal expert especially in business, taxation, and corporate laws, accounts, finance etc. He has done MBA, MA (Eco), LLM, LLB, MBIT,…
13th anniversary of LADIESFUND Women’s Awards held First Lady, Sindh, SBP governors laud the imitative Dawood Global Foundation held the 13th Anniversary of the LADIESFUND Women’s Awards for Pakistan 2022 at Sindh Governor House where over 700 hundred of the most dynamic and inspiring women in Pakistan gathered to celebrate the strength and empowerment of women, as well as acknowledge the great economic contribution of Pakistani women who are not only job creators but all finalists in Trailblazer and Momentum categories. The First Lady of Pakistan Samina Alvi flew in from Islamabad to be Special Guest for the occasion. The…
Kings Group remains committed in delivering attractive and quality building Interview with Mr Ahmed Owais Thanvi — Managing Director, King’s Group Builders and Developers PAGE: Tell me something about yourself and your organization, please? Ahmed Owais Thanvi: I am the Managing Director of King’s Group Builders and Developers. King’s Group is the leading construction company in Karachi. King’s Group was established in 1977 (preciously known as Al Ahmad Pvt Ltd). The company was established to function as both a developer and a contractor, which allows the flexibility to work in various capacities on a range of projects. Our passion is building…
Mera Ghar is a dynamic plan; other projects in city likely woo investors Good time to buy apartments or villas in Bahria Town Karachi Interview with Mr Nadeem Ahmed – CEO, Realancer PAGE: Tell me something about yourself, please. Nadeem Ahmed: I am a realtor. I hold degrees of an MS in Management Sciences, an MBA in Business Administration (Marketing), and an MA English Linguistics. My experience and association with people from various domains helps me to effectively manage people and their behavior. I am creative and possess excellent inter-personal management skills. I have also helped people in optimizing their investment…
A conversation with Mr. Waheed Ahmed — Patron-in-Chief, Pakistan Fruit & Vegetable Exporters, Importers and Merchants Association (PVFA) [box type=”shadow” align=”” class=”” width=””]Profile: Current Responsibilities: Director Marketing Iftekhar Ahmed & Co. (2004 to date) Head of National Horticulture Committee, Govt. of Pakistan Appointed as Head of National Horticulture Committee, Government of Pakistan – FPCCI 2019 Convener FPCCI Standing Committee on Fruit & Vegetable Exports Member Fruit & Vegetable Committee at Trade Development Authority Pakistan Patron-in-Chief All Pakistan Fruit & Vegetable, Exporters, Importers & Merchant Association (PFVA) Previous Responsibilities: Former Vice President Elected as Vice President of the Pakistan Federation of…
More than 70% of the total world population would be living in the urban areas by 2050. This calls for a dramatic change in the policies for house financing throughout the world. Pakistan is no exception in this regard. Immediately after assuming power back in 2018, the PTI-led incumbent government commenced making concerted efforts to promote the housing sector in line with its manifesto of building 10 million units focusing primarily the unprivileged stratum of the society which has been neglected hitherto. The recent development of revising downward the markup rates for housing subsidy scheme is admirable since the subsidized…
Interview with Mr Farooq Dadi, — an analyst [box type=”shadow” align=”” class=”” width=””]Profile: Mr Farooq Dadi is a socio political analyst. He is serving community for its betterment. He is working for Rotary International and working for Polio eradication in Pakistan. He is a bona fide member of Karachi Chamber of Commerce, Karachi University Alumni, Arts Council, PACC etc. He is regularly invited for TV talk shows as an analyst on different socio political economic affairs.[/box] Mr Farooq Dadi while talking to PAKISTAN & GULF ECONOMIST gave his perspective about the efforts of the incumbent government for the economic growth and…
Interview with Mr. Barkatullah Lone – Chairman, GB International Economic Forum [box type=”shadow” align=”” class=”” width=””]Profile: Mr. Barkatullah Lone is Chairman of GB International Economic Forum and a renowned young Economist of Pakistan. He was ranked in the top ten Economists of Pakistan in the year 2017. He is a Chartered Accountant from England & Wales, Chartered Management Accountant from UK, Chartered Certified Accountant from UK, Chartered Global Management Accountant from the USA, Gold Medalist Management Accountant, Public Finance Accountant from Pakistan plus he holds master’s degree in Economics and Law from Karachi University. He has been associated with the…
Govt making right efforts in introducing trustworthy channels for the growth of economy Interview with Mr Hamad Rasool Bhullar — an analyst PAGE: Tell me something about yourself, please: Hamad Rasool Bhullar: I am currently working with a large public sector organization. With respect to the financial sector, I have been involved in research and training for over 28 years and so far, and conducted over 300 trainings on different aspects of Finance, Business Ethics, Audit and Corporate Governance from basic concepts to professional applications in Projects Finance, Shariah Compliant risk management, investment management and Corporate Governance etc. in addition to…
IoBM is producing job creators not job seekers Need to continue with hybrid teaching mode under Covid Interview with Mr. Talib Karim – President, Institute of Business Management (IoBM) PAGE: Tell me something about yourself and IoBM, please: Talib Karim: After completing Bachelor’s degree in Systems Engineering and a Master’s in Economics from the University of Arizona, Tucson, USA, I returned to Pakistan in 1986 and joined a development finance institution. I worked there for several years in various capacities and then decided to leave the organization and devote myself full time towards the establishment of the Institute of Business Management…
Interview with Professor Syed Fawad Rizvi — Chief Consultant Ophthalmologist & Head of LRBT [box type=”shadow” align=”” class=”” width=””]Profile: Academic Qualification: MBBS (Sindh Medical College) Pakistan 1988 MCPS (Ophthalmology) Pakistan 1991 FCPS (Ophthalmology) Pakistan 1997 Affiliations: Life member, Ophthalmological Society of Pakistan, Karachi Branch. (No.84/1997) Presently member of Executive Committee & Chairman Scientific Committee 2018-19 Member, Pakistan Vitreoretinal Society Presently member of Executive Committee of PVRS 2017-18 Member of Retinoblastoma Interest Group, Karachi Member, American Academy of Ophthalmology Registered member of Pakistan Medical & Dental Council and Pakistan Medical Association Professional Interest: Vitreoretinal Surgery Current Positions: Chief Consultant Ophthalmologist &…
Interview with Mr Ayub Khan — Executive Director, Dewan Ishtiaq Textile Mills [box type=”shadow” align=”” class=”” width=””]Profile: Mr Ayub Khan is the Executive Director of Dewan Ishtiaq Textile Mills. He is a qualified Textile Engineer having 35 years of experience in textile fields as professional and an entrepreneur. Mr Ayub Khan is one of the most famous textile advisers working in Pakistan as well as in Bangladesh. He has reviewed the textile policy of the current political ruling party in Pakistan. He has appeared in several TV shows to give guidelines to the textile policy makers of Pakistan.[/box] PAGE: Could…
Interview with Dr Asia Saif Alvi — a dynamic young political analyst [box type=”shadow” align=”” class=”” width=””]Profile: Dr Asia Saif Alvi is a dynamic young political analyst from Lahore. After finishing her school and college education, she went to Islamabad for Masters from Quaid-e-Azam University. After doing her Masters, she joined a local college in Lahore for teaching. Simultaneously, she got admission in Government College University Lahore for her MPhil in the political science department. Meanwhile, she quit her college job and started working at the Virtual University of Pakistan in 2009. After doing her MPhil, she enrolled in the…
Shahnawaz Dahani’s rise to stardom is fascinating, inspiring and replete with sheer diligence. People acquainted with him since his childhood say that he was destined for stardom in the wake of his untiring endeavors. Shahnawaz Dahani had faith in his abilities even when he was devoid of requisite facilities for a cricketer. The adage ‘Faith can move mountains’ is for the people like Shahnawaz Dahani. His rag-to-riches story, determination to perform every time he has ball in his hands and the perennial smile across his face even in the face of adversities have made him a cricketer adored by million…
Upcoming hi-tech stadium a major achievement of a country’s cricket PCB playing major role to bring more top cricket events in Pakistan Naya Nazimabad Cricket Stadium a real platform for the rising stars Interview with Muhammad Talha — a passionate cricket analyst PAGE: Tell me something about yourself and your career please: Muhammad Talha: I am working in Arif Habib Group for last 12 years. Before joining Arif Habib Group, I have served in Al-Abbas Group, Ghulam Farooq Group and EY Ford Rhodes and had gained experience in diversified sectors serving clients spanning the Financial, Manufacturing and real estate sectors. I…
More joint efforts of government, PCB and franchises better for Pakistan cricket Interview with Mr Jalal Uddin, a highly qualified cricket coach [box type=”shadow” align=”” class=”” width=””]Profile: Highly qualified cricket coach (ECB/CA Level III/ PCB Level IV) with 20 years’ experience in cricket coaching from grass root level to top-level cricket and has represented the Pakistan National Team (1982-1986). Jalal Uddin got the first ever Hat-trick in ODI Cricket against AUS at Hyderabad 1982. Area of expertise include: – Performance Coach – Cricket Analyst – Talent Identification – Coach Management – Leadership and Management – Motivational Speaker Experience: USA Cricket…
Focus Reko Diq as its gold mines could be worth $1 trillion A conversation with Sardar Shoukat Popalzai — President, Balochistan Economic Forum [box type=”shadow” align=”” class=”” width=””]Profile: Sardar Shoukat Popalzai is President of Balochistan Economic Forum. The Balochistan Economic Forum is think tank-cum-business & Economic policy advocacy forum, established in the Year 1992 and presently striving for the economic development & attracting Investment in the province of Balochistan. The Balochistan Economic Forum has been designed to familiarize the national & International economic community with opportunities for Trade and Investment in the province of Balochistan. Since its inception, the Balochistan…
Interview with Mr Nasir Chand — Assistant Director, Banquet Sales, Movenpick Hotel Karachi PAGE: Tell me something about yourself and your career, please: Nasir Chand: I have worked in Food & Beverage Operation/Event management for almost 15 years. At present, I am working for Movenpick Hotel Karachi as Assistant Director Banquet Sales. I like meeting different people and work with them for their events. Hospitality industry is a glamorous working environment where we organize a new event every day. It involves your creative sense to keep your position up to the expectation of the emerging market. This industry has big growth opportunities…
* Pakistan Super League becoming a major source of income for PCB * Revolutionary change is required in the whole taxation system * Effective, efficient ERP Systems must for aviation sector growth Interview with Mr Ahmad Suleman Zahid – Director, Corporate General Solutions (Pvt) Limited PAGE: Tell me something brief about yourself, please: Ahmad Suleman Zahid: I am Member of the Institute of Chartered Accountants of Pakistan (ICAP) and Fellow Member of Pakistan Institute of Public Finance Accountants (PIPFA). Currently I am serving as Partner of Zahid Jamil & Co, Chartered Accountants, which is a Member Firm of Prime Global in…
Interview with Mr Zahid Iqbal – CEO, Royal’s Adventure Club (Pvt) Ltd PAKISTAN & GULF ECONOMIST had an exclusive conversation with Mr Zahid Iqbal vis-à-vis TOURISM IN PAKISTAN. Following are the excerpts of the conversation: Royal’s Adventure Club (Pvt) Limited is one the best and pioneer DMC in Pakistan since 2009. I am myself a passionate traveler and a mountaineer. Royals’ Adventure Club (Pvt) Limited offers various tour packages for domestic and foreign tourists for different touristic places in Northern Areas of Pakistan like Hunza Valley, Skardu, Swat, and Chitral. Not only this, we also offer packages for honeymoon couples to…
Interview with Mr Kalim A. Siddiqui — former Managing Director, Pakistan State Oil PAGE: Tell me something about yourself and your career, please: Kalim Siddiqui: I am Kalim A. Siddiqui, married with five beautiful daughters Masha Allah. All of them are married and deserted the nest leaving me with my lovely spouse. I am a former Managing Director of Pakistan State Oil and former President of Byco Petroleum. I am holding a Bachelor in Chemical Engineering from University of Bradford in England (UK) and a Masters in Chemistry from Karachi University, has broad-based, global experience by working in USA, UK, Australia,…
Fortify Education Foundation is doing admirable job for the underprivileged. PAKISTAN & GULF ECONOMIST got first-hand information about the activities of this organization which is as follows: Pakistan is unfortunately a nutritionally challenged country for children. The effects of this are far reaching and are much more pronounced in the disadvantaged segments of the society. In a recent study of nutritional status of children of 5-15 Years of Age in urban slums, the frequency of malnutrition was found to be:38.3% (stunting), 28.5% (wasting), and 17.5% (underweight) – where stunting signifies impaired growth and development, while wasting show low weight for height.…
Karachi business community must work as one for the growth of a city Interview with Muhammad Farooq Afzal — President/CEO, ITN Group of Companies [box type=”shadow” align=”” class=”” width=””]Profile: Muhammad Farooq Afzal is a dynamic and a profound professional in the realm of Textiles, Information Technology, Business Consultancy, Tourism, and Event Management. He is pursuing his entrepreneurial ambitions for last 21 years, locally & internationally. He had been playing an instrumental role in promoting trade and business ties between Pakistan and other countries since 2004. Farooq has been continuously putting in his multifaceted efforts towards the cause of promotion of…
Business sentiments ending on good note but coming year will be tough Interview with Muhammad Azam Khan — Economist/Capital Market Expert [box type=”shadow” align=”” class=”” width=””]Profile: Muhammad Azam Khan has more than 21 years of professional experienced (19 years in Pakistan financial sector including capital market with Primary and Secondary market activities), Mutual funds, Equity brokerage (Local and International), Block deals & Corporate Finance. Since 2008, he has been working as CEO/Nominee Director of leading equity brokerage houseproviding expert advisory services to equity desk of major Institutions (Local and International both, portfolio management and portfolio advisory of high net worth…
Interview with Dr Asia Saif Alvi — a dynamic young political analyst [box type=”shadow” align=”” class=”” width=””]Profile: Dr Asia Saif Alvi is a dynamic young political analyst from Lahore. After finishing her school and college education, she went to Islamabad for Masters from Quaid-e-Azam University. After doing her Masters, she joined a local college in Lahore for teaching. Simultaneously, she got admission to Government College University Lahore for her MPhil in the political science department. Meanwhile, she quit her college job and started working at the Virtual University of Pakistan in 2009. After doing her MPhil, she enrolled in the…
Need to push negotiate to get Iranian market opened, says Waheed Ahmed With significant increase in the sea freight cost and ill-effects of climatic changes, the reduction in the production of kinnow has emerged as a barrier to export kinnow from Pakistan during this year. The exporters of kinnow are in a state of uncertainty and export during the current season is likely to be limited to 300,000 tons with an anticipated decrease by 35% compared to the previous year. While talking to PAKISTAN & GULF ECONOMIST, Mr. Waheed Ahmed, the Patron-in-Chief, All Pakistan Fruit and Vegetable Exporters, Importers and…
Interview with Mustafa Mirchawala – CEO, Mirchawala’s Hub of Accountancy [box type=”shadow” align=”” class=”” width=””]Profile: Mustafa Mirchawala is the CEO of Mirchawala’s Hub of Accountancy, an expert in IFRS, teaching relevant subjects like SBR and FR of ACCA and CR of ICAEW. He has also been teaching other subjects like UK Tax and other FD exams for more than 17 years. Mustafa is a compelling and sought after trainer and speaker, who helps his audience learn complex concepts in simple ways. Having a user friendly style, he speaks regularly at leading Business schools and in the corporate fraternity with exposure…
Interview with Sardar Shoukat Popalzai – President, Balochistan Economic Forum [box type=”shadow” align=”” class=”” width=””]Profile: Sardar Shoukat Popalzai, President of the Balochistan Economic Forum, comes from the traditional Popalzai tribe, gained his academic degree in International Relations with major in Diplomacy and Anti-Terrorism with advance Degree level Hotel Management Certification. He has been leading many Ministerial, Governmental and private business delegations to various countries and is also a member of several important advisory committees of prestigious government organizations and business representative bodies. Over the years, he has made presentations at numerous important conferences and high-level corporate briefings. He is recipient…
Growth of CPEC vital in terms of the solution of energy issues Interview with Malik Muhammad Illyas — a businessman from Badin PAGE: Tell me something about yourself, please: Malik Muhammad Illyas: I am owner of petroleum service and President Petroleum Dealers of district Badin. I am former President Press Club Badin. Being a businessman and journalist, I am optimistic for real change in Pakistan towards progressive and innovative initiatives and for the milestones of prosperity. PAGE: How would you comment on CPEC as a game changer? Malik Muhammad Illyas: CPEC is surely going to be a game changer eventually helping the…
ZMT is one of the largest Primary Healthcare network in Karachi. ZMT has directly benefited more than 1,500,000 patients annually with quality treatment. So far ZMT has served more than 6.6 million deserving patients majorly focusing on women and children. PAKISTAN & GULF ECONOMIST sought perspective of the patients and the staff members regarding ZMT. Following are the excerpts of the viewpoints. Patients experience: Guljoon from Mominabad while talking about ZMT told us as follows: I brought my 8 months old son with chest congestion and cough. My son got better with the medication. Staff is nice and treated us very…
Following are the excerpts of the conversation of Mr Abdul Rahim Janoo, Chairman of Haji Razzak Janoo Memorial Trust, Baba Farid Free Laser Surgery Eye Camp and Former Chairman Rice Exporters Association of Pakistan (REAP) while talking to PAKISTAN & GULF ECONOMIST. With the mercy of Almighty Allah, Baba Farid Free Eye Camp at Pak Pattan is completed to provide free eye treatment to less-privileged people of remote areas. The free camp is being setup by the Haji Razzak Janoo Memorial Trust, one of the largest free eye camp trust in Pakistan under the management of Janoo family that holds…
Refund system should be rationalized and refund amount should be issued speedily Stress-free business community can help rule on shadow economy FBR targets should be realistic and achievable Interview with Mr Shehzad Ahmed Malik – CEO, Shehzad Malik Management Consultants and Vice President ICMA Pakistan [box type=”shadow” align=”” class=”” width=””]Profile: Shehzad Ahmed Malik is FCMA, CFC, M.A. Economics Authorized training employer ICAEW-Institute of Chartered Accountants of England & Wales, U.K. CEO-Shehzad Malik Management Consultants (Pvt) Ltd Vice President, ICMA Pakistan Executive Member Rawalpindi Chamber of Commerce Board Member of Different Companies Chairman Technical Support & Development Committee ICMAP[/box] PAGE: What…
Country achieves exceptional progress in ease of doing business Public Sector Companies must improve their governance and efficiency Interview of Mr. Awais Yasin – Member, National Council and Chairman Research and Publications Committee, ICMA Pakistan PAGE: Tell me something about yourself please: Awais Yasin: I am a fellow member of Institute of Cost & Management Accountants (FCMA) of Pakistan and have done LLB from Punjab University Law College, Lahore. I have diversified experience of more than 18 years in Corporate laws & Secretariat practices in different renowned listed and public sector companies. Being part of senior management, I remained involved with…
Al Meezan Investments offers a comprehensive range of Shariah compliant investment solutions Interview with Mohammad Shoaib — CFA , CEO, Al Meezan Investments PAGE: Tell me something about yourself and your organization, please: Mohammad Shoaib: I have the honor of being the founding CEO of Al Meezan Investment Management Ltd, which is the first and still the only full-fledged Shariah Compliant Asset Management Company in Pakistan. Al Meezan Investments is managing investments of over Rs.200 Billion (as on June 30, 2021) USD 1.27 Billion across 20 mutual funds/pension funds and discretionary portfolios on behalf of over 145,000 clients. We have over…
FDI must for the growth of failing power sector The most adverse side of the inflation is not its rate, it is its patterns Have to lean on remittances to control current account balance Interview with Dr. Ayub Mehar, — a renowned economist PAGE: Tell me something about yourself, please: Dr. Ayub Mehar: I have been serving as ‘Economic Advisor’ of the Economic Cooperation Organization (ECO) Chamber of Commerce for 3 years and also ‘Director General’ in the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for 7 years. I have completed and working on various research assignments for Asian…
Interview with Mr Ashfaq Yousuf Tola — President, TOLA ASSOCIATES [box type=”shadow” align=”” class=”” width=””]Profile: Professional Accomplishments Memberships: Fellow Member of Institute of Chartered Accountants of Pakistan Fellow Member of the Institute of Cost & Management Accountants of Pakistan Life Member of Karachi Press Club Life Member of SAARC Chamber of Commerce and Industry Member of Karachi Tax Bar Association. Key Achievements: Presentation to IMF on Single Stage Sales Tax in December 2015 Visited Turkey as an official of Government of Pakistan to study Turkish Tax System and authored a report on Turkish Taxation System Knowledge of more than 40…
Interview with Mr. Waheed Ahmed — Patron-in-chief Pakistan Fruit & Vegetable Exporters, Importers and Merchants Association (PVFA) [box type=”shadow” align=”” class=”” width=””]Profile: Current Responsibilities: Director Marketing, Iftekhar Ahmed & Co. (2004 to date) Head of National Horticulture Committee, Govt. of Pakistan Appointed as Head of National Horticulture Committee, Government of Pakistan – FPCCI 2019 Convener: FPCCI standing committee on fruit & vegetable exports Member: Fruit & Vegetable Committee at Trade Development Authority Pakistan Patron-in-Chief: All Pakistan Fruit & Vegetable, Exporters, Importers & Merchant Association (PFVA) Previous Responsibilities: Former Vice President: Elected as Vice President of the Pakistan Federation of Chamber Of Commerce & Industry…
Where should the remittances sent by the Pakistani diaspora be invested? Well, the prevalent assumption is that the major chunk of this wherewithal penetrates into the real estate sector rather than agriculture, domestic bonds, energy sector, infrastructure, local manufacturing of the imported constituents for the exportable products, domestic savings or SMEs, Pakistan received $29.4billion remittances during the preceding fiscal year which was a record and helped in addressing the economic woes of the country in trying times. The momentum has maintained and the Pakistani diaspora have remitted $8 billion during the first quarter of the current fiscal year which is…
Interview of Mr. Zia ul Mustafa, President ICMA Pakistan [box type=”shadow” align=”” class=”” width=””]Profile: Zia ul Mustafa is currently the President of the Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) for a three-year term i.e. 2021-2023. He also served as the President of the South Asian Federation of Accountants (SAFA) in the year 2020 and held the Chairmanship of the SAFA Committee on Governmental and Public Sector Enterprises Accounting. SAFA is a regional forum representing over 3,75,000 accountants having membership of the national chartered accountancy and cost and management accountancy institutions in the South Asian countries namely…
Interview with Mr Muhammad Idrees, President Karachi Chamber of Commerce & Industry PAGE: Tell me something about yourself and your career, please: MUHAMMAD IDREES: Well, I have been elected to lead the largest Chamber of Pakistan as its President for the year 2021-22. I have remained associated with the Businessmen Group (BMG) for more than two decades which was founded by our great leader Late Siraj Kassam Teli who passed away last year in Dubai due to cardiac arrest. I have also offered my services as Vice President KCCI in 2013-14 and President Karachi Electronic Dealers Association (KEDA) from 2009 to…
Interview with Mian Nasser Hyatt Maggo, President Federation of Pakistan Chambers of Commerce & Industry (FPCCI) [box type=”shadow” align=”” class=”” width=””]Profile: Hailing from a Chinoti business family, Mian Nasser Hyatt Maggo was raised in Karachi. After completing his formal education, he ventured into the intricate world of business and established Al Riaz Group, an indenting company in Pakistan. The company’s phenomenal success can be attributed to Maggo’s sheer hard work, passion and commitment. Today, Al Riaz Group is recognized as one of the most reliable company in Pakistan dealing in Petrochemicals, Textiles and Steel sectors. Mian Nasser Hyatt Maggo Possesses…
Food insecurity is one of the most-talked-about topics across the globe in the wake of pandemic, which has wreaked havoc by disrupting the global food supply chains causing surge in prices coupled with the inclement weather which has left adverse impact on the crop yields. There is anticipation that over 1.2 billion people in 76 countries along with Pakistan would undergo food insecurity impact which must be the cause of substantial concern. The Agricultural Transformation Plan (ATP) of the PTI-led government if works could revolutionise the agriculture sector. The Agri Dashboard is said to be helpful in timely decision-making, demand-supply…
Let alone the impoverished community living in downscale areas or in slums, even the so-called middle class segment of the society is perturbed with the ever-surging edible oil prices in Pakistan at this juncture. Paying around Rs1,650 vis-à-vis Rs1,150 a year ago for five liters of branded edible oil has left even the middle class somewhat vulnerable in the given circumstances. The skyrocketing inflation has become catastrophic for the monthly budget of every household in the country. Though the government has recently come up with certain incentives in terms of reduction in taxes, which might decelerate the prices of edible…