SECP asks insurers to extend coverage of Motor Insurance Policies
ISLAMABAD: In light of the outbreak of COVID-19 (Coronavirus), the Securities and Exchange Commission of Pakistan (SECP) has advised non-life insurance companies to grant one... Read more
View ArticlePharma Bureau donates Biomedical Devices and Ventilation System to Civil...
Karachi: Pharma Bureau, the representative body of research based multinational pharmaceuticals in Pakistan, has donated biomedical devices to COVID19 Isolation Unit and negative ventilation system......
View ArticlePhma Demands SBP to Approve Reallocation of Sanction Limit to Authorized...
“In view of global slowdown and deadly effects of COVID19 on the business in Pakistan and to facilitate the exporters in respect to their increasing... Read more
View ArticleSECP proposes new regulations for insurance agents
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has notified draft Corporate Insurance Agents Regulations, 2020 for eliciting public comments. Proposed Regulations aim at... Read more
View ArticleK-Electric offers installment option for ISPA arrears to facilitate industries
Karachi: In line with the Ministry of Energy’s directives, Industrial Support Package (ISPA) arrears for the period July-December 2019 were applicable in March 2020. However,... Read more
View ArticleAll PIA Associations except CBA have been De-Recognized by PIA Management –...
Karachi: In a notification issued by the management, PIA derecognizes all employee associations with immediate effect, with exception of Trade Union i.e., Collective Bargaining Agent... Read more
View ArticleFirst time in history PIA gets Special Permissions to Operate Directly to the...
Karachi: PIA has been granted a Special Permission to operate direct flights to United States of America’s to repatriate stranded citizens. It will be the... Read more
View ArticleState Bank reinforces its support to health sector in fight against COVID-19
In the background of rising cases of COVID-19 in the country and with the need to strengthen health sector in fight against COVID-19, SBP today... Read more
View ArticleSiraj Teli demands ease in lockdown for small traders/shopkeepers from 15th...
KARACHI: While appreciating numerous measures adopted by Sindh Government since the imposition of lockdown from March 23 to prevent spread of coronavirus pandemic particularly the... Read more
View ArticlePakistan Press Foundation (PPF) releases World Press Freedom Report on Media...
This year, the media in Pakistan, is operating under a new and challenging environment created by the spread of COVID-19. Since the spread of the... Read more
View ArticlePHL SUKUK ISSUE LAUNCHED THROUGH PSX
Karachi: Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy, is issuing a debt instrument to address the liquidity... Read more
View ArticleTelenor Microfinance Bank committed towards serving Pakistan amid Covid-19...
Karachi: Telenor Microfinance Bank, Pakistan’s leading microfinance institution, along with its premier mobile banking platform Easypaisa have been empowering the lives of Pakistani citizens and......
View ArticlePresident approves amendments to Companies Act to facilitate Startups
ISLAMABAD: President Dr Arif Alvi has approved amendments in Companies Act 2017 to provide an enabling regulatory framework to facilitate startups in Pakistan. These amendments... Read more
View ArticleCNG sector should not be burdened with subsidy of other sectors
ISLAMABAD: The All Pakistan CNG Association (APCNGA) on Monday said the compressed natural gas sector is at the verge of destruction due to parity between... Read more
View ArticleDe-recognition of Associations by PIA
Karachi: PIA Management in a press release issued on Monday clarified its stance for derecognizing the numerous associations working in PIA and encroaching in the... Read more
View ArticlePakistan Oil Marketing – Sector Update (May 05, 2020)*
*Pak oil sales in Apr-2020 likely to fall by 36% YoY, but up 1% MoM* Pak oil sales for Apr-2020 are expected to decline by... Read more
View Article“UBG Slams Huge Increase in KDLB Wages of 33% at KPT.”
Chairman United Business Group (UBG) Sindh Khalid Tawab (Sitara-e-Imtiaz) who is also past Senior Vice President Federation of Pakistan Chambers of Commerce & Industry (FPCCI)... Read more
View ArticleOverseas Investors Chamber of Commerce and Industry asks government to...
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the authorities to consolidate all federal taxes, including income tax and levies like... Read more
View ArticleDelinking Collateral with Reinsurance for Credit and Suretyship Insurance...
ISLAMABAD: The Securities and Exchange Commission of Pakistan has proposed amendments to the Credit & Suretyship (Conduct of Business) Rules, 2018 for the insurance sector.... Read more
View ArticleECO States to collectively fight against Economic Loss due to COVID – 19
An Extra Ordinary Meeting of member states of Economic Cooperation Organisation Chamber of Commerce & Industry (ECO CCI) was virtually held on 5th May 2020 to... Read more
View Article