Business - 33

The two-day conference on Pak-Iran joint co-operation in the Compressed Natural Gas (CNG) sector has provided a chance to market Pakistani manufactured CNG buses in Iran owing to its exceptionally low cost. This was stated by Hilal A Raza, Director General Hydrocarbon Development Institute of Pakistan (HDIP), at the conclusion of the conference on Friday. [...]

Siemens Communications Mobile Networks has won a $ 32 million contract with Pakistan’s U-Fone, to provide mobile telephone services in Pakistan. The deal between U-Fone, a subsidiary of Pakistan Telecom Mobile, and Siemens enables Pakistan’s second largest mobile operator to increase its subscriber base by 500,000 from its present 1.3 million subscribers. The project will [...]

The president of the National Bank of Pakistan (NBP), Syed Ali Raza, has confirmed that the bank will open a branch in India. “The trade volume between the two countries would definitely grow with the opening of our branch in India,” he said Talking to journalists after signing a Memorandum of Understanding (MoU) with another [...]

NetSol will design, develop and implement a fully-integrated MTMIS solution, facilitating business processes, enabling information sharing, and streamlining all inter and intra-department communications. The MTMIS will be managed by the Vehicle Registration Authority, along with the local police and constituent districts, including local and provincial police, environmental protection authorities, Highway Safety and Penalty System Management, [...]

Viisage, a Billerica-based provider of identity systems and software, has been chosen by the National Database and Registration Authority (NADRA), an independent corporate organization in Pakistan, to integrate the company’s face recognition technology into Pakistan’s smart passport and national ID program. The new program, headed by NADRA and sponsored by the Pakistani government, is designed [...]

Stores may turn up some unusual finds – a beaded sari, chunky silver ankle bracelets or traditional handmade, embroidered shoes from Pakistan. Next to the row of typical housewares and children’s rompers, is a carousel of brightly colored shalwar kameez, a South Asian type of dress with a long, flowing tunic, pants and scarf. The [...]

Do mangoes in Lahore taste sweeter than their cousins in Lucknow? May be it is time to find out. The Pakistan government is seeking zero-duty access from India for fruit. In return, it would be willing to give similar free access to fruit and veggies from India. Islamabad has just signed trade agreements for fruits [...]

When three men from Pakistan had lunch at a Beverly Hills restaurant, the conversation immediately focused on their common passion cars. After much discussion, they decided it was time for a career change. They invested their money, time and effort in launching a new business in Ventura County. Of course, it was an automobile business [...]

Pakistan’s cell phone population will touch 10 million from existing 6.8 million, by the end of current fiscal, said a senior official of Pakistan Telecommunication Authority (PTA). According to data provided by the PTA, the number of cell phone users is increasing tremendously in the current fiscal year compared to previous fiscal year, which ended [...]

What does one call a stock exchange ‘bull’ in Urdu? This is just one of the many problems which Pakistan’s only business channel Business Plus is facing ever since it was launched in August this year. The Lahore head-office of the channel also has to constantly justify its area of operation in a city whose [...]