The Asian Development Bank (ADB) has approved a loan of $500 million to help the Government of Pakistan procure and… Read More
MoIT&T Issues Policy Directive for 3G/4G Spectrum Auction
The Ministry of Information Technology and Telecommunication has issued a policy directive to the Pakistan Telecommunication Authority (PTA) for holding… Read More
SBP Allows Local Companies To Acquire Services of Digital Companies for up to $400,000 a Year
State Bank of Pakistan (SBP) has allowed local companies to acquire services of digital media platforms for up to $400,000… Read More
SECP Asks Companies To File Beneficial Ownership Declaration
The Securities and Exchange Commission of Pakistan (SECP) has asked companies to submit information of their ultimate beneficial owners (UBOs)… Read More
World Bank Delegation Meets Energy Ministry Officials to Discuss Circular Debt
A delegation of World Bank (WB) officials led by the Vice President for South Asia Hartwig Schfer, meet the top… Read More
Bank Al-Habib’s Profit Grows by 25% in H1-2021
Bank Al-Habib continued to make its profitable journey as its half-year profits stood at Rs. 9.03 billion i.e. an increase… Read More
K-Electric Reveals Rs. 440 Billion Investment Plan For Tariff Control Period 2017-2023
Highlighting the need for investment in Karachi’s power sector for the continued growth of the city, K-Electric (KE) shared that… Read More
Cabinet Sets Cotton Intervention Price at Rs. 5000 per 40kg of Seed Cotton
Federal Minister for National Food and Security, Syed Fakhar Imam, while addressing a press conference, said that the government of… Read More
Govt to Divest 20% of Its Stakes in PAKRI Via PSX
The Government of Pakistan, through the Privatization Commission, intends to divest 60,000,000 (20 percent) shares of Pakistan Reinsurance Company Limited… Read More
Tabish Gauhar Proposes Solutions for Pakistan’s Power Sector
Special Assistant to the Prime Minister on Energy and Petroleum, Tabish Gauhar, wrote a letter addressed to Minister for Energy,… Read More
World Bank Will Provide $150 Million to Pakistan to Buy COVID-19 Vaccines
The federal Minister for Finance and Revenue, Shaukat Tarin, held a meeting with the World Bank’s (WB) South Asia Regional… Read More
FIA Recommends Converting Cybercrimes into ‘Cognizable Offences’
The Federal Investigation Agency (FIA) recommended converting Section 11 of the Prevention of Electronic Crimes Act (PECA) into cognizable to… Read More
