SECP to support foreign companies in expanding investment portfolios in Pakistan
ISLAMABAD: The economic growth of the country is dependent on the inflows of foreign capital from the international corporate sector and the Securities and Exchange...
Health ministry launches crackdown against violators of PHW on cigarette packs
ISLAMABAD: Taking a strong exception to the availability of cigarette packets with no Pictorial Health Warning (PHW) or having PHW less than 50 per...
SECP amends PSX regulations governing offices/branch offices of brokers
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in the meeting chaired by the SECP chairman has accorded its approval for crucial amendments to...
MoIP to present case to incoming PTI government for revival of EDB
The EDB, which was a part of MoIP was disbanded after allegations of corruption and malpractices surfaced and creating roadblocks in the way of investment of billions of dollars
Pakistan ‘unprepared’ to convince FATF’s team over 26-point action plan
ISLAMABAD: As a team of the Financial Action Task Force (FATF) has arrived here to evaluate the implementation on teh 26-point Action Plan, Pakistan...
Govt releases over Rs22bn under PSDP
ISLAMABAD: The government has so far released over Rs22.784 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new schemes...
Fazal Abbas Maken to probe financial, administrative irregularities in TCP
ISLAMABAD: The Establishment Division has appointed Secretary National Food Security Fazal Abbas Maken, as inquiry officer to probe the financial and administrative irregularities in Trading...
China guarantees financial backing as PTI led govt seeks to avoid IMF support
As the incoming government under the leadership of Imran Khan prepares to take the reins of a country embroiled in a balance of payments...
SECP for increasing claim amount for road accident victims
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) aims to make necessary amendments to the Motor Vehicles Act, 1939, for smooth implementation of the...
SECP approves vital regulations for capital market, corporate governance
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in its Commission meeting has passed regulations concerning capital market, insurance and corporate governance.
In this regard,...
Summit–Sindh Bank merger takes another turn, share swap ratio revised again
Ahsan Raza Durrani appointed as acting president and chief executive officer/executive director as Sindh Bank-Summit Bank merger has come under scrutiny due to alleged financial irregularities.
PTI earmarks $2 billion for e-governance systems
The incoming government in its manifesto said it intends to create 10 million jobs over the course of next five years
Schon Properties, owners of Multan Sultan get assets seized by Dubai Land Department
It is pertinent to mention that Schon Properties own Pakistan Super League’s (PSL) Multan Sultan cricket team.
Economists, business community welcome Imran Khan’s pledges for economy, good governance
ISLAMABAD: While the incoming government of Pakistan Tehrik-e-Insaf (PTI) is going to immediately face a dire economic situation, economists have welcomed the peaceful transition...
SECP, NACTA vow to stand against money laundering, terror financing
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and National Counter Terrorism Authority (NACTA) have resolved to jointly undertake all necessary efforts to...
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Alipay set to commence services in Pakistan by end-2018
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ATHENS: Greece has successfully exited its final, three-year bailout program, agreed in August 2015 to help it cope with the continued fallout from a...
