KCCI, SFIC ink MoU for establishing long term ties, setting up joint working group

Motiwala for insertion of arbitration clause in CPFTA to deal with trade conflicts. KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) has achieved a significant milestone by signing a Memorandum of Understanding (MoU) with Shanghai Federation of Industry & Commerce (SFIC) for establishing and maintaining long term ties, setting… Continue reading

Trade cannot be one way; Pakistan needs to focus on improving exports to Switzerland: Envoy

KARACHI: Ambassador of Switzerland Bénédict de Cerjat has said that although trade balance between Pakistan and Switzerland was largely in favor of his country but the trade cannot be one way as it works well when everybody earns profits therefore, Pakistan needs to focus more on improving its exports to… Continue reading

SECP allows licensed individuals to act as Securities Advisors

ISLAMABAD: To broaden investor base and enhance capital market outreach, the Securities and Exchange Commission of Pakistan (SECP) has notified key amendments in the Securities and Futures Advisors (Licensing & Operations) Regulations, 2017. Through these amendments, the SECP has made the advisory regulatory regime more inclusive and broad-based by allowing… Continue reading

Meezan Bank and The Islamia University of Bahawalpur (IUB) join hands to Islamic Finance expertise

Karachi: Meezan Bank, Pakistan’s first and largest Islamic bank and The Islamia University of Bahawalpur (IUB) have recently signed a Memorandum of Understanding (MoU) to abridge the industry-academia gap marking a milestone for both the organizations in initiating a collaboration for planning, research engagement and knowledge exchange activities. Under this… Continue reading

Emirates becomes one of the first airlines in the world to trial IATA Travel Pass, a digital platform for COVID-19 updates and test verification

Karachi / Dubai – Emirates has partnered with the International Air Transport Association (IATA) to become one of the first airlines in the world to trial IATA Travel Pass – a mobile app to help passengers easily and securely manage their travel in line with any government requirements for COVID-19 testing… Continue reading

CCP TO CONCLUDE FIRST ROUND OF HEARINGS IN SUGAR CARTELIZATION CASE BY NEXT WEEK

ISLAMABAD: The Competition Commission of Pakistan (CCP) has on 7th January 2021 commenced hearings in the proceedings against Pakistan Sugar Mills Association (PSMA) and 84 member mills for prima facie cartelization, in violation of section 4 of the Competition Act 2010. Hearings were held on 7th, 8th, 11th, 15th and… Continue reading

Avanza Solutions and Hysab Kytab sign a strategic partnership agreement to boost the digital financial inclusion of customers

Karachi:  Avanza Solutions – one of the leading Fintech organizations across the globe, has entered into a strategic partnership with Hysab Kytab –a Fintech that offers a suite of financial management solutions. The collaboration will help in providing individual-level personalized financial management products and services to the digital banking customers…. Continue reading

Mere registration of a company doesn’t confirm the right to collect investments: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has clarified that mere registration of a company with SECP does not authorize acceptance of deposits from general public. Deposit taking by companies other than banking companies is illegal in terms of section 84 of the Act. Financial services including car… Continue reading

Agha Dialysis Centre provides free dialysis treatment to more than 50,000 patients suffering from renal disease

Karachi, January 20: Agha Dialysis  Centre (ADC) has provided specialized free dialysis treatment to more than 50,000 patients suffering from renal disease at its facilities in Karachi since its establishment in July 2015.The ADC is run by Agha Welfare Trust (AWT) and provides safest, most effective specialized treatment to people… Continue reading

OICCI holds 3rd Women Empowerment Awards, acknowledges members for empowering women at workplaces

Karachi: ‘The Overseas Investors Chamber of Commerce and Industry (OICCI) and its member companies are the torch bearers for empowering women at the workplace. The corporate sector across Pakistan can replicate the ‘OICCI Women’ initiative to foster economic growth of the country’, Ambassador of the Kingdom of the Netherlands to… Continue reading