Business - 27

The purpose of this conference is to provide the Pakistani businessmen, entrepreneur, bankers, IT professionals and investors with an opportunity to listen and analyse the success stories of the international leaders in the field of international call centers.

Two major Pakistani management institutes are already in touch with IIM-Lucknow in this connection. In fact, the director general of the National University of Science and Technology (NUST), a premier management institute in Rawalpindi, has expressed his desire to visit IIM-Lucknow. Efforts in this direction were initiated during the meetings of the Association of Management [...]

Overseas Pakistanis sent back home $1.946 billion in the first half of this fiscal year, up from $1.874 billion they had sent in a year-ago period, according to data released by State Bank of Pakistan. This suggests that remittances from expatriate Pakistanis may touch $4 billion during this fiscal year ending in June. But these [...]

US-owned HCA International Hospitals was looking for collaborations with Pakistani hospitals, especially charitable hospitals and trusts. HCA International Hospitals Business Head, Elizabeth Boultbee expressed these views in a press briefing here on January 15. “These could involve our doctors travelling to the country to give lectures and seminars or second opinion, and impart training to [...]

REDtone Telecommuncation Pakistan Pte Ltd has received a Card Payphone Licence from the government. The licensee’s obligations are to install at least 500 card payphones per year, at least 10% of the total phones installed annually shall be in rural localities and to provide services within one year from the effective date in major Pakistan [...]

While many names are being pointed out regarding parties interested and serious in the privatisation of the telecom giant – PTCL – analysts and market men have started pointing the finger at SingTel – the telecom giant of Singapore – as the proposed buyer of the PTCL. When contacted, analysts mentioned that Temasek Holdings Pte [...]

The Export Promotion Bureau (EPB) is planning to establish a jewellery park, Dazzle Park, over an area of 22 acres near Jinnah Terminal Airport. The park will cost around Rs230 million ($US5.27 million) and will facilitate gem and jewellery exports, according to a press release.
The park will provide a one-window facility for gems and jewellery exporters comprising a hallmarking/assaying office and gem testing laboratory, besides a jewellery training institute and manufacturing units. The EPB has hired Stephen

The Jeffrey International Group of UK has announced commercial air operation for Pakistan. The first maiden flight of Global Spirit Airlines will land in Islamabad on July 6, 2005. Global Spirit Airlines will be one of two western airlines to Pakistan and the first ever-British Pakistani airline created, he said. It will also be the [...]

A three-year bull run in the Pakistani stock market has encouraged local asset managers to launch the first batch of capital guaranteed mutual funds to draw retail investors. United Asset Management Co., a unit of United Bank Ltd., the country’s fourth biggest bank, plans to launch a closed-end three-year fund in the first half of [...]

Pakistan entered into a new phase of modern telecommunication technology with the operation of wireless local loop telephone service (WLL) in the private sector. He said that with the introduction of WLL service, the disparity between the Urban and Rural areas will no more be there and fade out in the next 2-3 years. However, [...]