SECP issues draft Unlisted Companies (Buy-Back of Shares) Regulations, 2022 for soliciting public opinion
The Securities and Exchange Commission of Pakistan (SECP) has approved the draft, “Unlisted Companies (Buy-Back of Shares) Regulations, 2022”, detailing the procedures of purchase of shares issued by unlisted public and private companies. The proposed regulations will facilitate startups, and boost investor confidence by providing an easy exit option to the shareholders. The draft regulations…
Adil Aziz
LUMS hosted a conference with UNHCR on incorporating Refugee Law Courses into curriculum
Shaikh Ahmad Hassan School of Law (SAHSOL), LUMS, in collaboration with the United Nations High Commissioner for Refugees (UNHCR), organised a conference on “Incorporation of Refugee Law Courses into the Curriculum at Leading Academic Institutions”. The overarching aim of the Conference was to introduce and highlight the importance of an International Refugee Law course in…
Spotify Wrapped 2022 Is Here: Atif Aslam and Talha Anjum ranked most-streamed Pakistani Artists of the Year
Pasoori takes the crown for most-streamed song and Atif Aslam sustains his position as the most-streamed Pakistani artist This year’s Wrapped is both a celebration of a year gone by and an invitation to join in on the fun. Spotify is unveiling its 2022 Wrapped campaign and personalized user experience inspired by just that. At…
SBP strongly rebuts placement of any restriction on LCs for Import of Oil, LNG and Petroleum products
SBP would like to clarify some misinformation being spread in the media that the import of oil and petroleum products has been restricted by it. It is clarified that SBP has not placed any restriction (verbal or otherwise) on opening of Letters of Credit (LCs) or contracts for import of crude oil, LNG and petroleum…
ILO recognizes MMBL’s WIN program as a Best Practice Case Study in Gender Equality and Women Empowerment
Pakistan’s largest digital bank, Mobilink Microfinance Bank’s (MMBL) flagship women empowerment program, ‘Women Inspirational Network (WIN)’ has been recognized at the Women Empowerment Conference held in Karachi – a joint venture of The Employers’ Federation of Pakistan (EFP) and the International Labour Organization (ILO), under PRS/STRIDE project funded by Government of Japan, as a best…
UNDP, Japan to launch US$3.9 Million project in Kurram, Orakzai districts
The United Nations Development Programme (UNDP) Pakistan and the Government of Japan have signed an agreement to launch a project of US$3.9 million “for the stabilization and economic recovery through social cohesion, local governance, and livelihood opportunities” for communities in Kurram and Orakzai districts. The agreement was signed here Wednesday by Mitsuhiro Wada, Ambassador Extraordinary…
U.S, Pakistan join hands to elevate higher education sector
The United States through its embassy in Islamabad has joined hands with the government of Pakistan to elevate the higher education sector of the country. In this regard, United States Ambassador Donald Blome joined officials from the University of Utah and Federal Minister for Planning Development and Special Initiatives, Ahsan Iqbal, to inaugurate the International…
Pakistan-EU political dialogue in Brussels covers broad-based areas
The 8th round of Pakistan-European Union Political Dialogue was held in Brussels covering a broad range of bilateral subjects as well as regional and global developments. Acting Foreign Secretary Jauhar Saleem and Enrique Mora, Deputy Secretary General of European External Action Service (EEAS) led their respective sides. Both sides noted the special significance of this…
NEPRA concludes public hearing into KE’s FCA, 1st quarter adjustment
National Electric Power Regulatory Authority (NEPRA) concluded a public hearing on the monthly fuel adjustment (FCA) for October and 1st quarterly adjustment (July-September) for the current fiscal year 2022-23 of K-Electric. The hearing was presided over by NEPRA Chairman engineer Tauseef H Farooqi while member Sindh engineer Rafique Ahmed Shaikh and member Khyber-Pakhtunkhwa engineer Maqsood…
All internet services restored across country: PTA
Pakistan Telecommunication Authority (PTA) on Wednesday said that all internet services had been restored, hours after disruption was reported across the country. “Faults in the terrestrial segment of SEAMEWE-5 have been repaired at 2 AM PST. Internet services are operational as per normal routine”, said a PTA official in a tweet. SEAMEWE-5, also known as…