PKR 1 million loan awarded to foodpanda Homechef by BoP under Kamyab Jawan Programme
foodpanda, the leading e-commerce platform of the country, signed an agreement with Bank of Punjab to provide financing to registered foodpanda Homechefs under Prime Minister’s Kamyab Jawan Youth Entrepreneurship Programme. Furthering this objective, the first loan of PKR 1 million was disbursed to Mr. Khalid Javed Akhtar from Sahiwal, who is a certified chef from…
Adil Aziz
Baloch Club Quetta, Muslim Club Chaman register emphatic wins to make it to Final of Ufone 4G Football Cup
Balochistan Club Quetta defeated DFA Zhob and Muslim Club Chaman overpowered Quetta Zorawar to book respective spots in the sensational Semi-Final matches played at Ayub Stadium Quetta. The Final will be played today, Thursday, November 25th November at 5PM at Ayub Stadium Quetta. The match will be live telecasted from PTV Sports. Quetta’s iconic Ayub…
Under-invoicing in fisheries exports should be curbed: Mahmood Moulvi
Karachi: Special Assistant to the Prime Minister for Maritime Affairs Mahmood Moulvi on Monday stressed the need to curb “under-invoicing” in fisheries exports, saying that a minimum export price must be imposed in a systematic manner. The Special Assistant made these remarks during a meeting with Muslim Mohammadi, Chairman, Pakistan Fisheries Exporters Association in Karachi….
SBP releases Annual Report on The State of Pakistan’s Economy
The State Bank of Pakistan released today its Annual Report on the State of Pakistan’s Economy reviewing the fiscal year 2020-21. According to the report, Pakistan’ economy rebounded during FY21, with real GDP growth rising to 3.9 percent. Importantly, this expansion in economic activity was accompanied by a 10-year low current account balance that contributed…
PSX Holds Gong Ceremony for Onboarding of Pakistan Kuwait Investment Co. (Pvt.) Ltd. as Market Maker
A Gong Ceremony was held at Pakistan Stock Exchange (PSX) to welcome Pakistan Kuwait Investment Company (Private) Limited (PKIC) on-board as a Market Maker of debt securities on PSX. An agreement was signed between PSX and PKIC today at the PSX Trading Hall whereby PKIC becomes Market Maker of debt instruments listed on PSX. The…
PAKISTAN-AFRICA TRADE DEVELOPMENT CONFERENCE AND SINGLE COUNTRY EXHIBITION 23-25th NOV 2021, LAGOS NIGERIA
Ministry of Commerce in collaboration with Trade Development Authority of Pakistan held 2nd Pakistan –Africa Trade Development Conference (PATDC) in Lagos, Nigeria. Under Look Africa Policy various initiatives have been taken by Ministry of Commerce to enhance trade relations with African states. Second PATDC has been organized in Lagos, Nigeria aiming to further enhance our…
CCP TO RESUME ENQUIRY IN COOKING OIL & GHEE SECTOR FOLLOWING SUPREME COURT OF PAKISTAN SUSPENDS ISLAMABAD HIGH COURT ORDER
The Competition Commission of Pakistan (CCP) will resume its enquiry in the cooking oil and ghee sector after the honourable Supreme Court of Pakistan admitted for hearing its leave to appeal against, and suspended, the decision of the honourable Islamabad High Court dated 14 September 2021. On 30 July 2020, the CCP, taking notice of…
SECP amends regulations to greatly facilitate SMEs and Startups
The SECP has introduced amendments in the Companies (Further Issue of Shares) Regulations, 2020 to address the impediments faced by the corporate sector, particularly startups and small companies, in raising equity through conventional modes. Key changes include permission to convert one class of shares into another class, issuance of shares with differential rights without approval…
SBP Strengthens Corporate Governance Regulatory Framework for Banks and DFIs
The State Bank of Pakistan (SBP) today issued the revised ‘Corporate Governance Regulatory Framework’ with the objective to further strengthen the corporate governance regime of banks and DFIs and to align the same with international standards and best practices. The framework, which has been developed in consultation with key stakeholders, covers Fit & Proper Test…
DFA Zhob, Muslim Club Chaman qualify for Semi-Finals of Ufone 4G Balochistan Cup Football 2021
DFA Zhob and Muslim Club Chaman have qualified for the Semi-Finals of the Ufone 4G Balochistan Football Cup 2021 by prevailing over the opposition in their respective Super 8 matches played at Ayub Stadium in Quetta. DFA Zhob faced DFA Quetta United in the first match of the day, with both eying the coveted slot…