SECP’s ‘International InsureImpact Conference 2023’ concludes
The Securities and Exchange Commission of Pakistan hosted the International InsureImpact Conference 2023 on December 13-14. On the conference’s second day, prominent experts and professionals from the insurance and financial sectors discussed crucial issues within the insurance industry to outline a strategic roadmap for the future trajectory of the country’s insurance sector.
Mehfooz
Developing Asian Nations 2023 growth outlook upgraded to 4.9%
The Asian Development Bank has raised its economic forecast for developing economies in Asia and the Pacific to 4.9 percent.
Gohar unveils new collaborative potential with Chinese company in different sectors
Minister for Commerce Dr Gohar Ejaz, who is currently on an official visit to China, visited the Hengli Group headquarters, a trailblazing entity in oil refining, petrochemicals, polyesters, and textiles to explore collaboration and boost bilateral ties.
First Ijarah Sukuk Auction at PSX results in resounding success
The first primary market auction of the government of Pakistan one-year Ijarah Sukuk at Pakistan Stock Exchange (PSX) has resulted in a resounding success, the Stock exchange said in a statement.
1,446 graduates receive degrees as IoBM hosts 26th annual Convocation
The Institute of Business Management, held its 26th Convocation at its campus on Saturday, December 09, 2023. 1,446 graduates from more than 40 disciplines including Bachelor’s, Master’s, and Ph.D. were conferred degrees at the ceremony this year that was attended by senior representatives from IoBM, graduating students, their parents, and faculty.
Workers’ remittances record inflow of $2.3 billion in November
The overseas workers’ remittances recorded an inflow of $2.3 billion during last month, the State Bank of Pakistan reported.
SECP to releasing International Financial Reporting Standard for insurance industry
The Securities and Exchange Commission of Pakistan has notified the adoption of the International Financial Reporting Standard (IFRS) 17 – Insurance Contracts – for the companies engaged in insurance/Takaful and re-insurance/re-Takaful business.
Fatima Fertilizer’s “Salam Kissan” Campaign Wins the Prestigious DRUM Award in London
Fatima Fertilizer, a leading name in the fertilizer industry, has once again garnered international acclaim with its ground breaking “Salam Kissan” campaign, winning the prestigious Drum Award 2023 in London, in the category, “Social Purpose: Social Media”. Titled “Life without Kissan (Farmers),” the campaign aimed to highlight the stark reality of a world without the contributions of farmers. This remarkable achievement underscores Fatima Fertilizer’s unwavering commitment to meaningful social impact and innovation in the realm of digital marketing.
PSX crosses another milestone, reaches to 63,917 points
The 100-index of Pakistan Stock Exchange crossed another milestone reached to 63,917.72 points by gaining 961.70 more points, a positive change of 1.53 percent, PSX reported.
Ufone 4G’s Digital Grand Offer brings exciting discounts
Ufone 4G users can avail Digital Grand Offer via Golootlo at a discounted price of PKR 1500, down from the actual product price of PKR 1600. The bundle includes 100GB high-speed data, 1000 Off net minutes, and unlimited Ufone to Ufone and PTCL minutes for the entire month.