CCP Green-lit Merger of SCL in JKSM
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved a Scheme of Arrangement for the merger of M/s. Shamim & Company (Pvt.) Ltd with M/s. JK Sugar Mills (Pvt.) Ltd. JKSM is a...
View ArticleResignation of CEO PSX
Karachi: Mr. Farrukh H Khan tendered his resignation from the position of Chief Executive Officer of Pakistan Stock Exchange Limited (PSX) on July 4, 2024. Mr Khan expressed that it was a great honour...
View ArticlePress Release of Workers’ Remittances in June 2024
• Workers’ remittances recorded an inflow of US$3.2 billion during June 2024. • In terms of growth, during June 2024, remittances increased by 44.4 percent on y/y basis. • Cumulatively, with inflow of...
View ArticleCAT UPHOLDS CCP PENALTY ON COLLUSIVE BIDDING
ISLAMABAD: The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by M/s Creative Engineering against the order of the Competition Commission of Pakistan (CCP). The CCP held in its...
View ArticleForeign Investors Express Concern Over Pakistan’s Security in OICCI 2024 Survey
Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI), has released the results of its latest Security Survey 2024, highlighting increasing concerns over the country’s deteriorating...
View ArticleImpact of Budget 2024-25: SMEs Facing Closure, NKATI Urges Govt Intervention
KARACHI: Faisal Moiz Khan, President of the North Karachi Association of Trade & Industry (NKATI), has called upon Prime Minister Shahbaz Sharif, Finance Minister Muhammad Aurangzeb, and Commerce...
View ArticleContinuous investment in Skill Development key to financial industry’s...
Deputy Governor of the State Bank of Pakistan (SBP), Dr. Inayat Hussain highlighted the pivotal role of continuous learning in ensuring the long-term success of professionals within the financial...
View ArticleSuleman Dawood School of Business Reaccredited by AACSB International
Lahore: AACSB International Board of Directors has extended the accreditation for the degree programmes offered by the Suleman Dawood School of Business (SDSB) at LUMS. In 2019, SDSB became the first...
View ArticleSalt Manufacturers plea to Prime Minister to Address Transporter Looting...
KARACHI: The enforcement of axle load regulations for truck carriage has inadvertently led to increased extortion from traders for the transportation of goods within Pakistan. This exploitation has...
View ArticlePSX Inducts Meezan Bank as the First Market Maker for GoP ljarah Sukuk
Karachi: Pakistan Stock Exchange (PSX) is pleased to announce the induction of Meezan Bank as the first market maker for CDS-eligible Government of Pakistan (GoP) Ijarah Sukuk (GIS) issued through...
View ArticleSI Global Solutions, Dell Technologies enters into a 10-Year strategic...
KARACHI: SI Global Solutions announced the beginning of a groundbreaking 10-year partnership with Dell Technologies at the event held in Karachi, solidifying SI Global Solutions as an official...
View ArticleWater crisis Hits SITE Area, Several Industries closed Water Crisis...
KARACHI: The water crisis in Karachi’s largest industrial area, SITE, has worsened significantly, leading to a cessation of water supply to industries and severely affecting production. Many factories...
View ArticleSSGC’s Operation Grift speeds up to eliminate gas theft – Makes 293 illegal...
Sui Southern Gas Company’s Operation Grift is intensely pursing its ongoing campaign that has been pulling out all stops to uproot the evil known as gas theft from the society. It should be noted, that...
View ArticleProtocol Agreement to Enhance Bilateral Trade Relations between Pakistan and...
This Agreement Marks a Significant Milestone in the Partnership between the Two Countries, Sohail Shamim Firpo: Karachi: The Pakistan Romania Business Council (PRBC) and the Embassy of Romania have...
View ArticleElimination of Forced Labor from the Brick Kilns Sector to Better Working...
KARACHI: The elimination of forced labor from the brick kilns sector is crucial not only for improving working conditions but also for ensuring the sustainability of businesses and fostering...
View ArticlePakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 14,703.5 million as of 12-July-2024. The break-up of the foreign reserves position is as under: Foreign reserves held by the State...
View ArticleAuction Target Calendar Jul 24 – Sep 24
Auction Target Calendar – Market Treasury Bill (MTB) Jul 2024 – Sep 2024 Auction-TreasuryBills Auction Target Calendar – Pakistan Investment Bond (PIB) Jul 2024 – Sep 2024 Auction-Bond The post Auction...
View ArticleSECP Management Discusses Development of Capital Market with PSX Board
KARACHI: The top management of the Securities and Exchange Commission of Pakistan (SECP) met with the Board of Directors of Pakistan Stock Exchange (PSX) to discuss the strategy for development of the...
View ArticleCompetition Tribunal Maintains Penalty for Breach under Competition Law
ISLAMABAD: The Competition Appellate Tribunal has upheld the Competition Commission of Pakistan’s (CCP) findings in the appeal filed by Reckitt Benckiser (RB) Pakistan regarding deceptive marketing...
View ArticleSBP releases its third quarterly review of Payment Systems
State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Report for the third quarter (Jan-Mar) of the fiscal year 2023-24. The report presents a quarterly review of payment landscape of...
View Article