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BANKING
Regulatory reforms push modaraba assets to Rs 41 billion
The present reforms and strengthening of regulatory framework by the Securities and Exchange Commission of Pakistan (SECP) have pushed up the modaraba sector’s asset...
ECONOMY
PSEB committed to promote modern technologies of IT
Pakistan Software Export Board (PSEB) is fully committed towards promotion of modern technologies and capacity building of IT graduates and companies.
Managing Director Pakistan Software...
AGRICULTURE
Senate body concerned over increasing interest rates for agri-sector
Senate Standing Committee on National Food Security and Research expressed its concerns over increasing rate of interest charged by the Zarai Taraqiati Bank Limited...
ECONOMY
ECC approves sovereign guarantee for power sector
The Economic Coordination Committee of the Cabinet (ECC) on Monday approved sovereign guarantee for the syndicated term of finance facility for the power sector,...
ECONOMY
Sales tax on contractors raises cost of development projects
The cost of new development projects in Punjab has gone up due to the imposition of a 16 percent sales tax on contractors, reported...
ECONOMY
Pakistan pockets $2m worth of import orders at Fruit Logistica 2017
Pakistani growers and exporters of fresh fruits and vegetables participating in the ‘Fruit Logistica 2017’ have received an estimated import order of $2 million,...
ECONOMY
Volkswagen gears up to launch two new vehicles in Pakistan
Volkswagen Commercial Vehicles is in its final round of talks with Premier Systems Private Limited – the authorised importer of Audi vehicles in the...
AGRICULTURE
CDWP approves Hi-Tech Agri Technology Park at UAF
Central Development Working Party (CDWP) has approved the establishment of Pak-Korea Hi-Tech Agriculture Innovation Centre/Technology Park at the University of Agriculture, Faisalabad (UAF), with...
