SECP introduces non-banking microfinance regulatory framework

The Security Exchange Commission of Pakistan (SECP) has filled up the regulatory vacuum in the microfinance sector by introducing non-banking microfinance regulatory...

ICCI lauds SBP’s plan to provide Rs 400b loans to SMEs

The Islamabad Chamber of Commerce and Industry (ICCI) on Thursday lauded the plan of State Bank of Pakistan to extend loans of...

Sindh government’s new tractor scheme ‘just a sham’

The Sindh government has once again announced a controversial tractor scheme on first come first serve basis despite the same being declared...

APTMA thanks PM over ST refund of Rs 21.44b

All Pakistan Textile Mills Association Chairman Tariq Saud expressed thanks to the Prime Minister Nawaz Sharif, Federal Minister for Finance and Economic...

Bank AL Habib current plus account

Bank AL Habib current plus account is a current account that meets all business and individual needs. The Account with no minimum...

OGRA issues 20 licences for setting up LPG auto-refueling stations

The Oil and Gas Regulatory Authority (OGRA) has issued 20 licences for setting up LPG auto-refueling stations in different parts of the...

Jewellery exports up 41pc in July

The exports of jewellery from the country witnessed increase of 40.97 per cent during the first month of the current fiscal year...

SIDC pledges to resolve issues of sports industry

Sports Industries Development Centre (SIDC) Project Director Muhammad Sarwar Hanif said on Wednesday that the SIDC was busy in providing technical guidelines...

Meezan Bank deploys Oracle Exadata Database Machine

Meezan Bank Ltd, the largest Islamic bank in Pakistan, is using Oracle Exadata Database Machine to cut the close of business time...

BOK earns Rs 1.021 billion profit for half year 2016

The Bank of Khyber (BOK) earned Rs 1.021 billion profit after tax (PAT) during the first half of 2016, showing 44 per...

PBIF asks govt to discourage wheat imports

Pakistan Businessmen and Intellectuals Forum (PBIF) president and former provincial minister Mian Zahid Hussain on Wednesday asked the government to increase regulatory...

LPGDAP fears LPG crisis in winter season

Liquefied Petroleum Gas Distributors Association Pakistan (LPGDAP) Chairman Irfan Khokhar Tuesday feared crisis of LPG in the upcoming winter season after imposition...

NEPRA admits Benazirabad power project’s license for generating 20MW

The Benazirabad Solar Power (SMC-Pvt) Limited (BSPSPL) has submitted an application to the National Electric Power Regulator Authority (NEPRA) for power generation...

Steel sector assures to comply with Pak-EPA environmental standards

The local steel sector industrialists on Tuesday called upon the Pakistan Environmental Protection Agency (Pak-EPA) for restoration of closed steel industrial units...

ECNEC approves seven mega projects worth Rs 200 billion

Projects include Lahore-Sialkot motorway (Rs 45.3 billion), procurement of 75 diesel electric locomotives (Rs 45.5 billion), Balochistan-integrated water resource development project (Rs...