Initial Public Offering of The Organic Meat Company Ltd.
Karachi: The Organic Meat Company Limited is set to go public with its Initial Public Offering and subsequent listing on Pakistan Stock Exchange, as an exporting and processing company of…
SECP issues draft Reinsurance Brokers Regulations for public comments
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the draft of SEC (Reinsurance Brokers), Regulations 2020 for soliciting public comments. Reinsurance broking refers to arrangement of reinsurance…
Meezan Bank conducts first virtual Shariah Supervisory Board Meeting, approves guidelines for COVID-19 related re-finance schemes to support small businesses
Karachi, July 02: The 47th meeting of Meezan Bank’s Shariah Supervisory Board (SSB) was recently held as an online event, with the goal of preventing contagion and staying consistent with…
SHC to hear suit against Pak China Business Council election on July 13
KARACHI: A single judge of High Court of Sindh will hear a suit filed by a member of Pak China Business Council of FPCCI (Federation of Pakistan Chamber of Commerce…
FBR orders recovery of awards, stipends sanctioned to officials
KARACHI: The Federal Board of Revenue (FBR) has notified that the funds allocated under the heads of stipend, incentive, awards and allied expenditure through budget grant, supplementary grant and re-appropriation…
Government to abolish all Grade 01-16 posts vacant for over a year
ISLAMABAD: The Cabinet Implementation Committee (CiC) for Re-organizing the Federal Government has directed the Finance Division to abolish all posts that have remained vacant for more than one year in…
MCC Appraisement Faisalabad surpasses revenue collection target
FAISALABAD: MCC Appraisement Faisalabad has collected Rs1.938 billion customs duty in the month of June 2020 against the assigned target of Rs1.447 billion. The Collectorate has registered a substantial growth…
MCC Preventive Quetta posts 258% increase in value of seizures in June 2020
QUETTA: MCC Preventive Quetta has posted a 258% increase in value of seizures in June 2020 viz-a-viz June 2019. In June 2019, the value of seizures was Rs. 182.45 million…
Preventive Quetta reshuffles superintendents and inspectors
QUETTA: Collector Preventive Quetta Irfan Javed has reshuffled superintendents and inspectors in order to discourage any possible collusion of these officials with the smugglers, as these officials were stuck at…
President KCCI underscores need to simplify procedures
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has urged the government to take concrete steps for simplifying the cumbersome procedures of starting a business…
Haroon Rashid elected as President of OICCI
Karachi: Mr. Haroon Rashid, CEO Shell Pakistan Limited, has been elected as the President of the Overseas Investors Chamber of Commerce & Industry (OICCI) with effect from July 1, 2020.…
Textile Exporters fear GoP could not release refunds in FY20-21 and deliberating to operate or close their industries: BILWANI
Textile Exporters are fearing that Government in FY2020-21 would not be a in a position to refunds of 17% sales tax to exporters as well as customs rebate, duty drawback…