Policy being devised to lay-off government employees
KARACHI: A policy is being devised for government employees according to which the job security till 60 years of age will be withdrawn and seasoned employees would gradually be laid…
PSX and MUFAP Appreciate Capital Market Reforms
Karachi: Pakistan Stock Exchange (PSX), Mutual Funds Association of Pakistan (MUFAP) and the Capital Market entities and participants are appreciative of the Ministry of Finance, the Director General (Debt), DPCO,…
SBP enhances scope of refinance facility to support health facilities
On 17th March, 2020, SBP introduced a refinance scheme, titled Refinance Facility to Combat Covid-19 (RFCC), to support the hospitals and health sector for providing services to directly fight against…
Foreign investors upbeat with improved security environment – OICCI Security Survey 2020
Karachi: Overseas Investors Chamber of Commerce and Industry (OICCI), the largest chamber in terms of economic contribution and representing top 200 foreign investors in Pakistan, has released the results of…
SECP introduces Professional Clearing Member Regulations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued draft Professional Clearing Members (PCM) Regulations, 2020 for public consultation. Professional clearing members denotes the concept of a third…
Yusuf Plaza in Bolton market raided again, smuggled goods worth Rs30 million recovered
KARACHI: Anti-smuggling Organization (ASO) of MCC Preventive Karachi conducted a raid on Yusuf Plaza in Bolton Market and recovered large quantity of smuggled goods worth Rs30 million. A raid had…
Federal government proposes to regulate Afghan transit trade under quota system
KARACHI: Federal government has proposed to set a quota for Afgan transit trade in order to regulate the transit trade and promote business between the two countries. As the Transit…