Public Holiday
The State Bank of Pakistan will remain closed on March 23, 2024 (Saturday) being public holiday on the occasion of ‘Pakistan Day’ as declared by the Government of Pakistan.
SECP stipulates procedure for payment of subscription money
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a notification specifying the time, manner, and conditions for payment of subscription money, payable by a subscriber in accordance…
I&I Karachi books two more solar panel importers for fraud, money laundering
KARACHI: Customs Intelligence and Investigation Karachi has lodged two FIRs against several for committing fiscal fraud by electronically filing false and forged import documents and by re-using/mis-using the Electronic Import…
Karachi Customs Intelligence Fortifies Maritime Security with Pakistan Navy Collaboration
KARACHI: To bolster maritime security, the Directorate of Customs Intelligence in Karachi has intensified its collaboration with the Joint Maritime Information & Coordination Center (JMICC) of the Pakistan Navy’s Coast…
SHC dismissed a constitutional petition filed in custom matter, imposed cost of Rs 50,000 upon petitioner
KARACHI: A constitutional petition filed by one Abdul Basit through his attorney in a custom matter was dismissed by a custom appellate bench of High Court of Sindh imposing a…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 13,390.7 million as of 15-Mar-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
CCP Greenlights Merger Between TPL Life Insurance and Dar Es Salam Textile Mills
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the merger of M/s TPL Life Insurance Limited with M/s Dar Es Salam Textile Mills Limited. The approval comes following the…
SECP holds industry meeting-cum-webinar on Risk Based Capital Regime for Insurance Sector
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) held a session for the insurance industry participants to provide an overview of the Risk Based Capital (RBC) Regime and walk-through…