The IPG Group Pakistan launched Roshan Digital Account drive in GCC to promote new investment opportunities in Pakistan
The IPG Group Pakistan, a leading sports marketing and international events company and a renowned name in remittance initiative events is facilitating the launch of Roshan Digital Account (RDA) drive for overseas Pakistanis to promote new investment opportunities in Pakistan in collaboration with renowned banks on an international platform. Recently, in partnership with Bank AL…
Adil Aziz
POS invoice verification expands by 62.7 pc in February
During the month of February about 249,000 invoices were verified by customers who shopped from outlets integrated with FBR POS System as against 153,000 in January 2022 The invoices verified by customers, who shopped from outlets integrated with Federal Board of Revenue’s (FBR) Point of Sale (POS) system, have increased by 62.7 percent during the…
Dubai Islamic Bank collaborates with the company to support and promote the housing finance market in the country
Dubai Islamic Bank and Pakistan Mortgage Refinance Company (PMRC) join hands to support Government’s vision of providing low-cost housing and promoting affordable housing finance in the country. PMRC via this agreement has provided fixed rate concessional funds of Rs. 3 Billion to Dubai Islamic Bank which will not only provide to boost the flow of…
Baqir visits CDC to further strengthen SBP’s commitment to Capital Market development
Governor State Bank Dr. Reza Baqir on Tuesday visited CDC House to mark the successful operationalization of important projects for Pakistan Capital Market, namely Roshan Equity and RAAST for dividend payments, which have been implemented in the recent past by the State Bank in collaboration with the Capital Market and commercial banks. Speaking at the…
PSX continues with bullish trend, gains 505 points
As many as 363 companies’ transacted shares in the stock market, 247 of them recorded gain and 87 sustained losses, whereas the share price of 29 companies remained unchanged The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish on Tuesday, gaining 505.14 points, with a positive change of 1.15 percent, closing at…
‘selling on Amazon from Pakistan’ training session organized by SMEDA
The Small and Medium Enterprises Development Authority (SMEDA) will organize a day training programme on “selling on Amazon from Pakistan” for profitable business growth on March 30. The session will be organized by SMEDA under National Business Development Programme (NBDP) for SMEs, to extend non-financial advisory services to small and medium businesses, according to sources…
Exports to maintain upward trend in March: Finance Ministry
The government measures designed to stimulate exports and discourage unnecessary imports is expected to contribute to constrain current account deficit The exports from the country during the month of March 2022 are expected to continue their upward trend, backed by the export-oriented policies that have been implemented in the recent past, finance ministry said in…
ICCI for creating conducive environment, political stability to avert growing economic risks
The business community on Tuesday urged the need for creating conducive environment and maintaining political stability in the country to develop and promote local economy as well as to avert growing risks. They expressed concerns over the growing risks for the economy and said that according to a report of Ministry of Finance, the escalation…
SECP authorizes Burj Modaraba to float first green energy modaraba of PKR1 Billion
The SECP’s Registrar Modaraba, with approval of the Religious Board, authorized floatation of Burj Clean Energy Modaraba (an Islamic Financial Institution) managed by Burj Modaraba Management Company (Private) Limited, under the Modaraba Ordinance, 1980. The floatation of new Modaraba will facilitate the growth of Shariah compliant financial products in the financial services market. After due…
Pakistan Stock Exchange Announces Top 25 Companies Awards Recipients 2020
Pakistan Stock Exchange has announced the recipients of the Top 25 Companies Awards for the year 2020. The key pre-requisites for this prestigious award include Total Shareholder Return (TSR), shares must trade for atleast 50% of the total trading days during the year, and that the company is not in the Defaulters’ Segment of the…