SECP proposes amendments to insurance regulatory framework for recording of advance tax
The Securities and Exchange Commission of Pakistan, to provide the manner of recording advance advance/withholding tax in the books of life insurance companies as well as management of investment in government securities by life insurance companies, has proposed amendments in the regulatory framework for insurance companies.
Adil Aziz
Emirates Celebrates a Decade of Success in Sialkot
Emirates, the world’s largest international airline and facilitator of vital trade links, is proud to announce a significant milestone in its history in Pakistan. This month, Emirates is celebrating its 10th anniversary of providing customers in Sialkot with passenger and cargo services.
Editor
Asan Mobile Accounts reached to 20 Million by 2024
Federal Minister for Finance and Revenue Dr Shamshad Akthar said that Pakistan had targeted to take the number of Asan Mobile Accounts from existing 8.5 million to 20 million by 2024.
Mehfooz
IoBM hosts the International Conference on Business Management and Sustainability 2023
The Institute of Business Management recently hosted the two-day International Conference on Business Management and Sustainability (ICBMS). This first day of the event poised to be a pivotal gathering, attracting a diverse range of participants, including prominent government officials, experts from renowned educational institutions as well as senior corporate executives from leading companies in Pakistan.
Unity Foods and Pakistan Environment Trust together for to achieve Net Zero Emissions by 2050
Unity Foods Limited (UFL) and its affiliated companies have embarked on a transformative journey towards a more sustainable and environmentally responsible future. In a landmark initiative, UFL has teamed up with the Pakistan Environment Trust (PET) to commit to achieving Net Zero emissions by the year 2050, solidifying their dedication to combat climate change and reduce their carbon footprint.
SECP and FIA to collaboration for safeguards of digital financial system from cyber crime and fraud
The Securities and Exchange Commission of Pakistan and Federal Investigation Agency have signed a memorandum of understanding (MoU) to formalize mechanism for information sharing and cooperation between the both organizations.
Challenging Economic Conditions and Ray of Hope for Real Estate Sector of Pakistan
Business networking lunch held at Lakeshore Tower’s site at TOP City-1, a delegation of Islamabad Chamber of Commerce & Industry, business Community leaders and government officials discussed the opportunities & critical challenges for Real Estate industry and showed their resolve to collectively work to enhance the potential of Real Estate industry.
State Bank declared public holiday on 09 November
The State Bank of Pakistan announced public holiday on November on the occasion of Iqbal Day.
Pakistan exports to China rise by 26.42% in Q1 of FY 23-24
Pakistan’s export of goods and services to China witnessed an increase of 26.42 per cent during the first three months of the current fiscal year 23-24.
The Arab Monetary Fund & SBP Sign an MoU to Facilitate Cross-border Remittances
Dr. Abdulrahman Bin Abdullah Al Hamidy, Director General Chairman of the Board of the Arab Monetary Fund (AMF), and H.E Mr. Jameel Ahmad, Governor of the State Bank of Pakistan, signed a Memorandum of Understanding (MoU) in Abu Dhabi. The MoU is signed to establish a framework of cooperation between Buna, the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organization “ARPCSO”, owned by AMF, and Raast, Pakistan’s Instant Payment System.