FPCCI applauds PM for the go ahead to 13 renewable energy projects
Mr. Irfan Iqbal Sheikh, President FPCCI, has applauded the Prime Minister Mian Muhammad Shehbaz Sharif for his decisive push to green light 13 important projects in renewable energy (RE) and coming under category-III, totaling approximately 700 megawatts. President FPCCI stated that high cost of energy coupled with circular debt is hindering the industrial growth; and,…
Adil AzizDirectors Guild of Pakistan Unveils New Initiatives to Foster Growth and Excellence in Pakistani Cinema
The Directors Guild of Pakistan (DGP) is pleased to announce a series of ground breaking initiatives aimed at promoting the growth and excellence of Pakistani cinema. With a steadfast commitment to empowering and supporting the creative vision of talented filmmakers, the DGP aims to shape the future of the Pakistani film industry. Under the visionary…
Babar Ali Foundation Supports LUMSx to Make Digital Education Accessible to All
The Babar Ali Foundation (BAF) has pledged its generous support for LUMSx, a digital learning platform launched by LUMS. LUMSx is offering a rich set of diverse courses across various disciplines, making education accessible across socioeconomic and geographic barriers. Through LUMSx, the University will broaden its reach to provide high-quality education. Recently, LUMSx was formally…
AAA Associates unveiled its iconic Project “AAA OCTA 2” in the presence of renowned Celebrities
Over the weekend, AAA Associates unveiled its most ambitious project to date – the AAA Octa 2 Karachi. This state-of-the-art development, located on the strategic M9 Karachi Motorway, was launched in a grand event including a dazzling array of celebrities from the entertainment industry. These celebrities included Mehvish Hayat, Mikal Zulfiqar, Faisal Qureshi, Bushra Ansari,…
Sweden, Pakistan partner to enable safe, sustainable restoration efforts
The Embassy of Sweden in Pakistan, in collaboration with Business Sweden – the Swedish Trade & Invest Council, hosted a report launch event titled “Rebuild for a Resilient Pakistan.” The event aimed to raise awareness about the ongoing recovery efforts in Pakistan following the devastating floods in 2022 and emphasized the need for long-term, sustainable…
New scheme replaced GSP to help boosting Pakistan, UK trade :Naveed Qamar
Federal Minister for Commerce Syed Naveed Qamar has said the new scheme had replaced the Generalized Scheme of Preferences (GSP) and will help drive business between the UK and Pakistan, reducing the need for aid. Pakistan retains enhanced preferences status and will continue to benefit from duty-free exports to the UK on 94% of goods…
PTA urges safe, responsible use of social media
The Pakistan Telecommunication Authority (PTA) has released guidelines highlighting the significance of safe and responsible use of social media due to its increasing popularity and the potential risks it poses to public convenience. In an article titled “Principles, Responsibilities, and Ethics of Social Media,” Director Muhammad Farooq emphasizes the profound impact of social media on…
Stock Exchange gains 31 points
The 100-index of the Pakistan Stock Exchange (PSX) gained 31.81 points on Tuesday(June 20), a slight positive change of 0.08 per cent, closing at 40,653.03 points against 40,621.22 points the previous day. A total of 124,856,236 shares were traded during the day as compared to 179,780,375 shares the previous day, whereas the price of shares…
SECP amends Securities, Futures Advisers Regulations to improve investor base
The Securities and Exchange Commission of Pakistan (SECP) notified amendments to the Securities and Futures Advisers (Licensing and Operations) Regulations, 2017. The amendments aim to develop a resilient market for Securities and Futures Advisers, facilitating ease of doing business, improving financial inclusion, and expanding the investor base. The introduced amendments align the existing regulations with…
New UK’s DCTS initiative to boost trade with Pakistan
The United Kingdom’s Developing Countries Trading Scheme (DCTS) has now entered into effect, providing tariff reductions and simpler terms of trade to Pakistan and 64 other countries. The new scheme has replaced the Generalized Scheme of Preferences (GSP) and will help drive business between the UK and developing countries, reducing the need for aid. UK…