Govt’s Economic Measures Have Revived Business Confidence at PSX

The fresh economic measures taken by the new government have revived the investors’ confidence at the Pakistan Stock Exchange (PSX), who are now set to bring back trading activities with new resilience. This was stated by Suleman Mehdi, Chairman Pakistan Stock Exchange at Pakistan Operational Excellence Summit 2018 held in Karachi at a local hotel.

Speaking as the chief guest, he said the government addressed the concerns of equity investors recently to quell the prevailing sentiments of uncertainty, which is the worst phenomenon in the business of stock market.

The direction of the government has been outlined as it will go to International Monetary Fund (IMF) as well as friend countries for loans and assistance, thus revitalizing business activities with a new lease of life to the business sentiments of investors and traders at PSX.

He added that top companies of the world, with growing market capitalization, achieved operational excellence which gave an edge to them over traditional corporations with global operations.

It was a great platform to share best practices and take some inspiration from different industries operating on similar principles and to network with your operational excellence and business transformation peers facing the same challenges as you are throughout their journey.

Pakistan Operational Excellence Summit 2018 was organized by MNBEC, supported by EFESO Consulting & Tufail Chemicals and facilitated by Occasions Event Planners & Organizers.

The main objective of the summit was to prepare a management team; equipped with operational business strategy, implementing the change in their organization’s processes and systems and also adding value to the lives of stakeholders.

A fraternity of inspirational speakers, operational excellence and transformation leaders, and corporate experts from some of the biggest national and global organizations attended the summit and spoke to the audience.

They highlighted the significance and means of achieving a hybrid model for cost containment, operational output and stable workforce.

Pakistan is a promising country with talented human resources which should allow it to be at par with developed countries once it starts implementing best operational practices in businesses along with the consistent acquisition of advance knowledge of strategy, said Mr Ahmet Aydin, Senior Manager-EFESO from Turkey while speaking to the audience.