Fertilizer industry urges nationwide dealers to ensure Urea sales at announced market retail prices
leading fertilizer manufacturing companies in Pakistan, including Fauji Fertilizer Company Limited (FFC), Fauji Fertilizer Bin-Qasim Limited (FFBL), Engro Fertilizers Limited, Fatima Fertilizer Company Limited, and Agritech Limited, jointly hosted a convention with nationwide dealers on January 29, 2024, at Falettis Hotel, Lahore. The primary objective of this convention was to engage the fertilizer dealers in a constructive dialogue and formulate immediate strategies aimed at reducing nationwide urea prices to benefit the farmers.
Adil Aziz
SECP issues Islamic finance bulletin for 2022-23
The Securities and Exchange Commission of Pakistan has issued its first ‘Islamic Finance Bulletin’ for the financial year 2022-23, aimed at providing up-to-date data, insights into new developments, and a deeper understanding of regulatory reforms in the Islamic financial services industry.
Editor
Businessmen urge Chairman FBR for measures to curb smuggling
Chairman Federal Board of Revenue Malik Amjed Zubair Tiwana emphasized the need for sustained collaboration between Federal Board of Revenue and Financial Monitoring Unit (FMU) for development of quality financial intelligence on tax evasion and its optimal utilization in investigations.
PTA revenue surged to Rs.850 Billion
The prime minister was told that the PTA’s revenue increased by 17 percent to Rs 850 billion comparing the last year while the access to cellular services in the country had reached 90 percent.
SECP proposes anti-harassment measures for listed companies
In a bid to promote safety and respect in the workplace, the Securities and Exchange Commission of Pakistan (SECP) has issued draft amendments to the Listed Companies (Code of Corporate Governance) Regulations, 2019 for public consultation.
Public Sector Insurance Companies in Pakistan: A Tale of Resilience and Growth
Dr. Ejaz informed the meeting that Pakistan’s public-sector insurance companies, namely, State Life Insurance Company, National Insurance Company and Pakistan Reinsurance Company, have been an engine of growth for the performance of insurance industry in Pakistan.
Faysal Bank, OPay collaborate to expand digital merchant payments acceptance in Pakistan
Faysal Bank Limited (FBL), a leading Islamic financial institution known for its commitment to technological innovation with Sharia compliance, announced a strategic collaboration with OPay, a global fintech giant with a proven track record in providing cutting-edge digital payment solutions. The collaboration aims to empower the entire spectrum of small, medium, and large enterprises to accept digital payments.
Mehfooz
PTCL Group renews partnership with SNGPL for cellular services
PTCL Group (PTCL & Ufone 4G), and largest integrated gas company of Pakistan, SNGPL have renewed their partnership for the continued provision of the state-of-the-art cellular services to SNGPL under PTCL Group Business Solutions.
Reduced power tariff to revive economic activities: President FBATI
President Federal B Area Trade and Industries (FBATI), Syed Raza Hussain, said the decision to cut down the power tariff by 7 cents will give a little relief to industrial consumers across the country.
Hub71-backed ABHI establishes Abu Dhabi HQ
Hub71-backed ABHI, an embedded finance platform founded in Pakistan, is advancing to its next growth stage by establishing its global HQ in Abu Dhabi with support from the Abu Dhabi Investment Office (ADIO) to grow its international operations.