PSMA gets new chairman

KARACHI: Tanvir Ahmad Sufi has been elected chairman of Pakistan Soap Manufacturers Association (PSMA) for 2017-18.

Tariq Zakaria and Naved Farooq Fareedi have been elected senior vice-chairman and vice-chairman, said a press release.

Boeing boosts Southeast Asia order forecast

SINGAPORE: Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible.

Boeing sees demand for 4,210 new airplanes worth $650 billion in Southeast Asia over the next two decades, based on an estimate of annual traffic growth of 6.2 per cent. That is up from last year’s forecast of 3,750 aircraft valued at $550 billion.

“Look at countries like Vietnam, Thailand and Indonesia – that infrastructure has to grow and will grow,” said Dinesh Keskar, Boeing’s vice president for Asia-Pacific and India sales. “Aviation is the biggest source of tourism for the countries, it is the biggest source of moving people and moving cargo.”

Published in Dawn, September 23rd, 2017