Wednesday, April 14, 2021

Pakistan

Iftikhar Taj elected as President, Ashfaq Tola as VP ICAP

The Council of the Institute of Chartered Accountants of Pakistan (ICAP) elected its new Office Bearers for the year 2020-2021 in its 334tit meeting held in Karachi on November 3, 2020. The Council unanimously elected Mr. Iftikhar Taj as President...

Meezan Bank inks deal with BPC Banking Technologies to accommodate Pakistan’s digital payments boom

Pakistan’s largest Islamic bank kicks off its digital transformation program with the upgrade of its legacy payment platform The partnership will also see BPC combat the growing threat of Enterprise Fraud and will help Meezan Bank establish its merchant acquiring...

Telenor Pakistan Bags Network Transformation Awards 2020 for CCS

In line with its commitment to strengthening the pillar of connectivity and providing high-quality broadband services across the length and breadth of the country, Telenor Pakistan has bagged the Network Transformation Award for the “USF - Extreme remote coverage...

Shell Pakistan announces a profit in Q3 2020

The Board of Directors of Shell Pakistan Limited (‘SPL’) announced the third-quarter results for the company. Shell posted an after-tax profit of PKR 1,812 million compared to the profit of PKR 570 million made in the same period last...

Pakistan re-elected as member UNHRC

Pakistan has been re-elected to the United Nations Human Rights Council (HRC) with an overwhelming majority securing 169 votes in the 193-member UN General Assembly. Elections were held in New York on Tuesday. Among the five candidates from the...

SBP releases foreign currency accounts rules FAQs

State Bank of Pakistan (SBP) has released frequently asked questions in respect of foreign currency accounts rules: Question 1. Why there was a need to issue SRO by Ministry of Finance, if there is no change in existing foreign exchange...

Khuhro appreciates public-private partnership efforts in Sindh road sector

Advisor to Chief Minister Sindh on works & Services Nisar Ahmed Khuhro has highlighted and appreciated the efforts of public-private partnerships in the road sector to achieve more than the desired results of the target set by, for the...

Metro Pakistan Concludes Charity-day Donation Drive

METRO Pakistan concludes its charity donation drive as part of the International Charity Day commemorations, in collaboration with Akhuwat Foundation, a leading non-government organization, working on improving the lives of the underprivileged communities. The internal charity drive started as part...

Sacrificing role models of media

Remember Anil Datta, a gem of a reporter and guru of a sub-editor with the exemplary national spirit, foregoing job offers from the foreign greener pastures all for his homeland Pakistan, sacrificed till death forty years of his life,...

Banks performance under SBP Rozgar Refinance Scheme supported by Government of Pakistan’s Risk Sharing Facility

On April 10, 2020 State Bank of Pakistan introduced a refinance scheme to provide concessional credit at 3% interest rate and generous repayment terms to any business that commits to not lay off workers for 3 months. The goal...

Latest News

Tabish Gohaur hinders $9.5 billion foreign investment in Pakistan

Country’s economic hub Karachi, which contributes 65 percent of the overall revenue collection, remains victim to the apathy of...
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