CCP initiates competition assessment of insurance sector under IMF’s PIMA framework
Examination aims to scrutinise competitive terrain and detect any anti-competitive practices
Oil prices fall as economic growth worries spread
International Brent crude oil futures were at $62.26 per barrel at 0410 GMT, down 48 cents, or 0.8 percent, from their previous close
Cost to insure Tesla debt reaches highest price ever
It cost about $71,300 to insure $1 million of the electric carmaker’s debt, plus an upfront cost of around 22.45 percent, which was also at an all-time high, representing a total of 29.58 percent of the face value of the company’s 2025 junk bond, or around $295,000
TPL Life: A matter of perception
TPL-Life pioneering of instant scratch card concept life and health insurance backed by technology and ease of enrolment is a source of pride for the company
Why funding is no object for Pak-Qatar Investment
Backed by very strong sponsors, from amongst Qatar’s royals, the company has never faced any issue in calling capital
Market Daily: PSX rallies up as rupee devalues
LAHORE: The KSE 100 index extended its rally from Tuesday’s session on the back of the depreciated rupee after the central bank...
FPCCI appoints Muhammad Kamran Saleem as Takaful Standing Committee Chairman
KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has appointed Pak-Qatar Takaful Group (PQTG) Chief Financial Officer (CFO) and...
Global insurers start offering services against cryptocurrency theft
NEW YORK: Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than...
NADRA reduces microfinance verification cost under NFIS
ISLAMABAD: National Database and Registration Authority (NADRA), on the recommendation of Technical Committee on Insurance, formed under the National Financial Inclusion Strategy (NFIS),...
PICIC insurance set to merge into Crescent Star Foods
LAHORE: A bourse notification Tuesday filed by PICIC Insurance revealed the company's board of directors had approved its merger with Crescent Star...
PSX isn’t doing well because the regulator is over-regulating: Financial analysts
The key dilemmas facing Pakistan’s equity market — a small investor base, few new listings on the Pakistan Stock Exchange (PSX), and shrinking...
Crescent Star Foods set to become 1st food chain to get listed on stock exchange
KARACHI: Crescent Star Foods (Pvt) Limited has slowly been plotting its move into the food sector and what was once a general...
Regulations impending investments from private equity funds: Experts
KARACHI: A consultative workshop “Pakistan private equity regulatory regime” was held on Thursday by USAID in partnership with Securities and Exchange Commission...
Commerce ministry proposes Khursheed Shah’s nephew name for NICL chief
ISLAMABAD: Ministry of Commerce (MoC) has proposed the name of Syed Khursheed Shah’s nephew Rafeo Bashir Shah for the slot of National...
NICL CEO tenders notice of resignation to the board
ISLAMABAD: Allegedly involved in the recruitment of nine senior officials at National Insurance Company Limited (NICL), NICL Chief Executive Officer (CEO) Captain...