Belarusian companies visit ICCI to explore development of business cooperation - Fnni.org

Belarusian companies visit ICCI to explore development of business cooperation - Fnni.org

Islamabad (FNNI) A delegation of Belarusian big companies led by Mr. Vladimir Ulakhovich, Chairman, Belarusian Chamber of Commerce and Industry visited Islamabad Chamber of Commerce and Industry to explore development of business and economic cooperation with Pakistan More »

Google’s DeepMind Is Improving Its Human Speech Abilities

Google’s DeepMind Is Improving Its Human Speech Abilities

With the growing use of virtual personal assistants such as Google assistant, Apple’s Siri, Microsoft’s Cortana and Amazon’s Alexa, AI speech itself as well as the language it uses is becoming more and more important. Currently, More »

Nats’ Stephen Strasburg Relieved by Elbow Diagnosis

Nats’ Stephen Strasburg Relieved by Elbow Diagnosis

WASHINGTON — He isn’t out of the woods yet, but Washington Nationals ace Stephen Strasburg is already breathing a sigh of relief after arm troubles knocked him out of his first start back from injury. More »

CM FELICITATES PAKISTANI CRICKET TEAM-Fnni.org

CM FELICITATES PAKISTANI CRICKET TEAM-Fnni.org

LAHORE ( FNNI ) CM Punjab M. Shehbaz Sharif has felicitated Pakistani cricket team on winning the second one-day match and the series against West Indies. In a message of felicitation, the CM said that Babar Azam played an important role in the victory in the second one-day match and deserve credit for his second consecutive century. More »

Turkish delegation visits ICCI to explore business collaborations- Fnni.org

Turkish delegation visits ICCI to explore business collaborations- Fnni.org

Islamabad (FNNI ) A delegation of MUSIAD visited Islamabad Chamber of Commerce and Industry led by Vice Chairman for Fair, Forum and Organization Commission Omur Yildiz and discussed possibilities for further enhancing business collaborations between the private sectors of Turkey and Pakistan. More »

 

Malaysian Cos keen to do business in Pakistan – former Prime Minister Abdullah Badawi – Fnni.org

Pic-April-05,-17

Islamabad (FNNI) Abdullah Ahmad Badawi, former Prime Minister of Malaysia along with a delegation visited Islamabad Chamber of Commerce and Industry and addressing the business community said that many Malaysian companies were keen to do business in Pakistan and both countries should focus on close collaboration for promoting joint ventures. He said the Malaysian delegation has come to Pakistan to explore new avenues of bilateral cooperation.Pic-April-05,-17He said the SMEs in Malaysia were driving force for its economic development and urged that both countries should develop close links between their SMEs to further strengthen their economies. He said Pakistan and Malaysia have good potential to cooperate in Halal Industry, Oil & Gas sectors, Islamic financing, healthcare and many other sectors. He said Malaysia and Pakistan were stakeholders in China’s One Belt One Road project and it was a good opportunity for both countries to work together to capitalize on this mega project for improving their economies. He said Pakistan could get better access to ASEAN region through Malaysia while Malaysia could get easy access to South Asia market through Pakistan. Thus close cooperation would be mutually beneficial for both countries. He said Malaysia’s total trade was around $400 billion, but its trade with Pakistan was not satisfactory and urged that both countries should develop strong business linkages between their private sectors to improve two-way trade volume.

Speaking at the occasion, Khalid Iqbal Malik, President, Islamabad Chamber of Commerce and Industry said that Pakistan and Malaysia had signed FTA in 2007 which was meant for boosting bilateral trade. However, the FTA has not produced the desired results so far as Pakistan’s exports to Malaysia in 2014 were just $ 233 million while Malaysia’s exports to Pakistan were $1.2 billion. He said the main reason of low trade volume was that both countries were doing trade in limited items as Pakistan’s main exports to Malaysia were comprised of rice, maize, cotton, textiles and vegetables whereas Malaysia’s major exports to Pakistan included palm oil, fiberboard, rubber and electrical & electronic equipment. He stressed that both countries should focus on diversification of trade to achieve better results.

He said many Pakistani products including non-basmati rice, wheat, mangoes, halal food, seafood, meat products, cutlery & sports goods, spices, handicrafts, light engineering goods, hospital & surgical equipment, pharmaceuticals and gems & jewelry could find good market in Malaysia and it should focus on importing these products from Pakistan. He said Malaysia has great scope to invest in Pakistan’s various sectors including palm oil cultivation & refining, construction of low-cost housing schemes and highways, livestock & dairy, energy, education, transportation, IT, shipbreaking, food processing, sports goods and Halal industry. He urged that more Malaysian investors should visit Pakistan to explore investment and joint ventures in CPEC projects and other areas of interest.

Khalid Malik Senior Vice President ICCI welcome the visiting guest. Tahir Ayub Vice President ICCI, Tariq Sadiq, Zafar Bakhtawari, Zahid Maqbool and others also spoke at the occasion.

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