ECC Approves Textiles and Apparel Policy, 2020-25 With Certain Amendments
Federal Minister for Finance and Revenue Shaukat Tarin presided over the Economic Coordination Committee (ECC) of the Cabinet, here on Wednesday. Ministry of Commerce submitted revised Textiles and Apparel Policy, 2020-25 after incorporating few changes along-with implementation report. The ECC after deliberation approved the policy with certain amendments. The ECC discussed in detail and approved…
Food Security Ministry to organize conference on cotton in March
Ministry of National Food Security and Research would organize first cotton conference in March to discuss the issues and challenges faced by cotton growers and to device an action plan for promotion of the major cash crop. This was stated by Minister for National Food Security and Research Syed Fakhar Imam, while chairing the annual…
Edotco Health and Safety Management System receives International Standardisation
Edotco Towers Pakistan Pvt. Ltd (edotco Pakistan), an integrated telecommunications infrastructure services company, has become the first Tower Company in Pakistan to achieve the ISO 45001:2018 Occupational Health & Safety Management Systems Certification. ISO 45001:2018 is a globally recognized occupational health and safety standard developed by the International Organization of Standardization (ISO) that guides organisations…
SBP imposes penalty of Rs523 million on banks in H1 FY22
The State Bank of Pakistan (SBP) has imposed Rs523 million as monetary penalty on commercial banks for violating regulatory provisions during the first half of fiscal year 2021/22, a statement said. The Central Bank said that it had imposed Rs58 million as penalty on five banks for the quarter ended December 31, 2021. The SBP…
Pakistan, WB discuss progress on projects
Finance Minister, Shaukat Tarin appreciated the World Bank for being a source of support in pursuing reform agenda and implementing various development projects for the country Federal Minister for Finance and Revenue, Shaukat Tarin held a meeting with Country Director, World Bank, Najy Benhassine and his team at Finance Division here on Tuesday. The meeting…
OICCI to hold ‘Pakistan Climate Conference 2022’ to support positive climate actions in Pakistan: OICCI
President of OICCI Ghias Khan Tuesday said that the Overseas Investors Chamber of Commerce and Industry (OICCI), the collective voice of top foreign investors in Pakistan would organize the ‘Pakistan Climate Conference 2022’ on March 16. While announcing the date and unveiling the logo of the Conference, Ghias Khan, said, “The Pakistan Climate Conference will…
Services’ exports increase by 20.24 percent in 1st half
The exports of services during July-December (2021-22) were recorded at $3414.96 million against the exports of $2840.15 million during July-December (2020-21), showing growth of 20.24 percent The exports of services from the country witnessed an increase of 20.24 percent during the first half of the current financial year (2021-22) as compared to the corresponding period…
Ufone 4G offers an industry first unlimited free internet
Pakistani telecom company, Ufone 4G is offering unlimited free internet every day to help customers experience its superior data quality and blazing speeds. ‘Muft Mornings’ brings Ufone 4G users unlimited data from 9AM to 12 noon every day as a limited time promo without any underlying charges. Ufone 4G acquired 4G spectrum recently to fulfill…
STZA and ZBRA sign LOI to promote scientific and technological knowledge ecosystem
Zhongguancun Belt And Road Industrial Promotion Association of the People’s Republic Of China (ZBRA) and Special Technology Zones Authority (STZA) have signed a Letter to Intent (LOI) at a virtual ceremony to promote high-quality science and technological exchanges between China and Pakistan. The LOI was signed by Mr. Zhang Xiaodong, the President ZBRA, and Mr….
LUMS Vice Chancellor named International Educator of the Year
The Academy of International Business (AIB), the premier global organization of international business and management scholars, has named LUMS Vice Chancellor, Dr. Arshad Ahmad, the AIB International Educator of the Year for 2022. Established in 1959, AIB’s membership spans more than 70 countries worldwide. AIB fosters excellence in education by advancing the highest professional standards…