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Trading Corporation Of Pakistan
The Trading Corporation of Pakistan (TCP) ( ur, ) is a Pakistani state-owned commodity trading company, mainly responsible for export and import of commodities. It also issues tenders for export and import of agricultural products. TCP has its offices across various cities of the country including Karachi, Islamabad, Lahore and Multan. Trading Corporation of Pakistan was established in 1967 as a premier international trading house fully owned by the Government of Pakistan. The Corporation has gone through substantial change over the years in its role from barter to commodity exchange arrangement and to trade in line with free market economy approach adopted by the Government of Pakistan. TCP's current role of import of essential commodities is for improving supplies to ensure availability of commodities to consumers at affordable prices and market intervention for ensuring fair price to farmers. TCP is one of Pakistan's most evident profit making public enterprise. Beginning rat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporation
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and recognized as such in law for certain purposes. Early incorporated entities were established by charter (i.e. by an ''ad hoc'' act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: by whether they can issue stock, or by whether they are formed to make a profit. Depending on the number of owners, a corporation can be classified as ''aggregate'' (the subject of this article) or '' sole'' (a legal entity consisting of a single incorporated office occupied by a single natural person). One of the most att ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Express Tribune
''The Express Tribune'' is a daily English-language newspaper based in Pakistan. It is the flagship publication of the '' Daily Express'' media group. It is Pakistan's only internationally affiliated newspaper in a partnership with the ''International New York Times'', the global edition of ''The New York Times''. Headquartered in Karachi, it also prints copy from offices in Lahore, Islamabad, and Peshawar. It was launched on 12 April 1999, in broadsheet format, with a news design distinctive from traditional Pakistani newspapers. Its editorial stance identifies with social liberalism, and its readership is generally on the mainstream left of Pakistani political and social opinion. Topics the newspaper covers include politics, international affairs, economics, investment, sports, and culture. It runs a glossy called ''Express Tribune Magazine'' on Sunday, which includes social commentary, interviews, and a four-page supplement with recipes, reviews, travel advice, blogs, and tech ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trading Companies
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1967 Establishments In Pakistan
Events January * January 1 – Canada begins a year-long celebration of the 100th anniversary of Canadian Confederation, Confederation, featuring the Expo 67 World's Fair. * January 5 ** Spain and Romania sign an agreement in Paris, establishing full consular and commercial relations (not diplomatic ones). ** Charlie Chaplin launches his last film, ''A Countess from Hong Kong'', in the UK. * January 6 – Vietnam War: United States Marine Corps, USMC and Army of the Republic of Vietnam, ARVN troops launch ''Operation Deckhouse Five'' in the Mekong Delta. * January 8 – Vietnam War: Operation Cedar Falls starts. * January 13 – A military coup occurs in Togo under the leadership of Étienne Eyadema. * January 14 – The Human Be-In takes place in Golden Gate Park, San Francisco; the event sets the stage for the Summer of Love. * January 15 ** Louis Leakey announces the discovery of pre-human fossils in Kenya; he names the species ''Proconsul nyanzae, Kenyapithecus africanus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Karachi
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Trade Of Pakistan
Pakistan has bilateral and multilateral trade agreements with many nations and international organizations. It is a member of the World Trade Organization, part of the South Asian Free Trade Area agreement and the China–Pakistan Free Trade Agreement. Fluctuating world demand for its exports, domestic political uncertainty, and the impact of occasional droughts on its agricultural production have all contributed to variability in Pakistan's trade deficit. The trade deficit for the fiscal year 2013/14 is $7.743 billion, exports are $10.367 billion in July–November 2013 and imports are $18.110 billion. Pakistan's exports continue to be dominated by manpower export in the subcontinent, cotton textiles and apparel. Imports include petroleum and petroleum products, chemicals, fertilizer, capital goods, industrial raw materials, and consumer products. On 12 December 2013, the European Union granted GSP Plus status to Pakistan until 2017, which enabled it to export 20% of its goo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Life Insurance Corporation
The State Life Insurance Corporation of Pakistan, commonly known as State Life or SLIC, ( ur, ) is the largest life insurance company of Pakistan, and is one of the largest companies in Pakistan by assets. It maintains an agency network of around 200,000 sales personnel. Although the major function of SLIC is to carry out life insurance business, it is also involved in other business activities such as investment of policyholders’ fund in government securities, stock market and real estate. The State Life is headed by a chairman, currently Shoaib Javed Hussain. The Chairman is assisted by four directors. The Chairman and directors of State Life are all appointed by the Government of Pakistan. The Principal Office of State Life is situated in Karachi Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Development Authority Of Pakistan
The Trade Development Authority of Pakistan (TDAP) ( ur, ), is a department within the Ministry of Commerce and Textile Industry of the Government of Pakistan. It facilitates and promotes international trade of Pakistan. Background The department was established on 8 November 2006 under a Presidential Ordinance, as a successor organization to the ''Export Promotion Bureau'', which was established in 1963. The TDAP is mandated to have a larger view of global trade development, rather than only the export promotion - together with its 14 regional offices, the department performs facilitation and regulatory functions as well as providing supply side and marketing assistance to exporters. It arranges ''awareness seminars and workshops'' to educate the Pakistani business community about the latest conditions and trends in the global markets. Exports and trade shows In 2011, Pakistan's exports of stones, marble, granites to China doubled due to effective marketing strategies develo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rizwan Ahmed (bureaucrat)
Rizwan Ahmed is a retired grade 22 officer of the Pakistan Administrative Service who served as a Federal Secretary, and is currently serving as Member Sindh Public Service Commission (SPSC) since December 2022. He did his two-year Masters in Public Administration from Harvard University and joined the civil service in 1988. He was promoted to the country's highest civil service rank of grade 22 in 2017. He first came to the fore when he saved more than PKR 7 billion of the national exchequer through a sweeping anti-corruption drive and commodity financing operation during his tenure as Chairman of the Trading Corporation of Pakistan. Rizwan, in his capacity as Federal Secretary Maritime Affairs, became the first ever Pakistani to hold the chairmanship of INFOFISH, an intergovernmental organisation based in Kuala Lampur with twelve countries as its members including Pakistan, Malaysia, Bangladesh, and Iran. In 2022 during Rizwan's tenure as Chairman of the Pakistan Nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fazalur Rehman (bureaucrat)
Fazal-ur-Rehman ( ur, ) is a retired Pakistani bureaucrat who served in BPS-22 grade as Maritime Secretary of Pakistan The Maritime Secretary of Pakistan, also referred to as Ports and Shipping Secretary, is the Federal Secretary for the Ministry of Maritime Affairs. The position holder is a BPS-22 grade officer, usually belonging to the Pakistan Administrati ..., Chief Secretary Sindh and Chairman Trading Corporation of Pakistan. Fazal also served as the Chief Minister of Sindh from June 2018 to August 2018 in a caretaker capacity. Fazal remained a prominent civil servant in Sindh, having served as the provincial administrative boss twice. He retired from the civil service in 2010. Fazal was appointed to be the caretaker chief minister of Sindh ahead of the 2018 general elections and was sworn into office on 2 June 2018. References Chief Minister of Sindh {{DEFAULTSORT:Rehman, Fazlur Living people Pakistani civil servants Pakistani government off ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Pakistan
Pakistan is a low income developing country. Its economy is the 23rd-largest worldwide in terms of GDP based on purchasing power parity (PPP). According to a 2021 estimate, the Country has a population of 227 million people ( 5th-largest worldwide). As of FY22, the nominal GDP of Pakistan stands at with a nominal GDP per capita of (177th worldwide); its GDP based on PPP stands at with a GDP (PPP) per capita of (168th worldwide). Pakistan is a developing country with a semi-industrial economy. Primary export commodities include textiles, leather goods, sports equipment, chemicals, and carpets/rugs. The growth poles of Pakistan's economy are situated along the Indus River; the diversified economies of Karachi and major urban centres in Punjab, co-existing with lesser developed areas in other parts of the country. The Pakistani economy has suffered in the past from internal political turmoil, a rapidly growing population, and mixed levels of foreign investment. Foreign ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Minister Of Pakistan
The prime minister of Pakistan ( ur, , romanized: Wazīr ē Aʿẓam , ) is the head of government of the Islamic Republic of Pakistan. Executive authority is vested in the prime minister and his chosen cabinet, despite the president of Pakistan serving as the nominal head of executive. The prime minister is often the leader of the party or the coalition with a majority in the lower house of the Parliament of Pakistan, the National Assembly where he serves as '' Leader of the House''. Prime minister holds office by virtue of their ability to command the confidence of the National Assembly. The prime minister is designated as the "Chief Executive of the Islamic Republic". Pakistan's prime minister leads the executive branch of the federal government, oversees the state economy, leads the National Assembly, heads the Council of Common Interests as well as the Cabinet, and is charged with leading the National Command Authority over Pakistan's nuclear weapons arsenal. This p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
