International Council of Small and Medium Enterprises felicitates Small and Medium Industrial Leasing Estates (Private) Limited for Facilitating Warehouse Receipt Financing

Karachi, August 16, 2013 (PPI-OT): The International Council of Small and Medium Enterprises (ICSMEs) felicitated the Small and Medium Industrial Leasing Estates Pvt Ltd (SMILE) for their appointment as facilitators and collateral managers and making new waves in collateralize post harvest financing for grains and commodities for the traders. The ICSMEs complimented SMILE for their […]

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Pakistan International Airlines finalizes flight operation to Kashgar, China in collaboration with Rayyan Air

Karachi, August 12 2013 (PPI-OT): PIA has finalized flight operation to Kashgar, China in collaboration with Rayyan Air. The flight operation to Kashgar, China will commence on 14th August 2013 on the auspicious occasion of Independence Day of Pakistan. The flight PK 1855 and 1856 Islamabad-Kashgar- Islamabad will operate every Wednesday by A310 aircraft with […]

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Financing Against Warehouse Receipts Under Collateral Management

Karachi, August 09 2013 (PPI-OT): The Small Medium Industrial Leasing Estates Pvt Ltd (SMILE) held a meeting with the Ace Control and Expertise Global Pakistan Ltd (ACE) and arranged for practical collateral management financial support for the SMEs in and outside Pakistan on the basis of cash flows. Zulfikar Thaver chief executive officer (CEO) SMILE […]

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State Bank of Pakistan and Small and Medium Enterprises Development Authority vow to work together to create synergy for unleashing true potential of SMEs through provision of demand driven financial products

Lahore, August 06, 2013 (PPI-OT): A meeting was held between Mr. Yaseen Anwar, Governor State Bank of Pakistan and Sardar Ahmad Nawaz Sukhera, CEO Small and Medium Enterprises Development Authority (SMEDA) on August 1, 2013 at the State Bank of Pakistan (SBP), Karachi. Senior officials from the two organizations were also present during the meeting. […]

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Middlemen fleecing Small and Medium Enterprises farmers: Zulfikar Thaver

Karachi, August 06 2013 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has lodged a complaint with the Competition Commission of Pakistan (CCP) against the cartel of middlemen operating more as money lenders than as professional middlemen or facilitators in the commodities market. The cartel is dominating the rice,wheat,maize, spices and sugar supply chains […]

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Managing Director Karachi Water and Sewerage Board for maintaining Financial and Administrative discipline in the Board

Karachi, August 06 2013 (PPI-OT): Managing Director Karachi Water and Sewerage Board Misbahuddin Farid during a meeting with Deputy Managing Directors, Chief Engineers and Superintendent Engineers directed that Financial and Administrative discipline should be maintained throughout all departments. All legal procedures, formalities and merit must be followed while conducting daily routine. Head of each department […]

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Huge increase in electricity tariffs damaging to export industry: Pakistan Tanners Association

Lahore, August 06 2013 (PPI-OT): PTA Chairman Agha Saiddain while comments on recent decision of Federal Government for exorbitant increase in power tariffs said it will cause irreparable loss to our export sector. He said that increase in Electrical Tariffs B1, B2, and B3 is average 50% and Industry cannot sustain to this huge increase. […]

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Small and Medium Enterprises Development Authority and Trade Development Authority Pakistan’s Collaboration for trade promotion

Lahore, August 05, 2013 (PPI-OT): The Small and Medium Enterprises Development Authority (SMEDA) is going to join hands for the first time with the Trade Development Authority Pakistan (TDAP) at the platform of Expo Pakistan being held from 26th to 29th September 2013 at Karachi Expo Centre. This is the biggest trade fair in Pakistan, […]

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Neglect of agriculture sector will reduce Gross Domestic Product and prove burdensome on economy: Dr Yunis Soomro

Karachi, August 05 2013 (PPI-OT): The country cannot afford to neglect the agricultural sector as it will create shortfall of important commodities and reduce GDP and prove burdensome on economy by importing the produce items warned Dr Yunis Soomro on a local business television channel. He said the main difficulties faced by the SME farm […]

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