UBG Urges FBR to Simplify Income Tax Returns, Extend Deadline
KARACHI: The United Business Group (UBG) has appealed to the Federal Board of Revenue (FBR) to extend the income tax return filing deadline by one month and simplify the process…
Jawed Bilwani, Zia ul Arfeen, Faisal Khalil elected as President, SVP, VP
BMG, KCCI Leadership vow to fight aggressively for business community’s rights: KARACHI: Muhammad Jawed Bilwani, Zia ul Arfeen and Faisal Khalil were announced elected as President, Senior Vice President and…
Standard Chartered Pakistan awarded Hoechst Pakistan’s cash management mandate
Karachi: Standard Chartered Bank Pakistan and Hoechst Pakistan signed a Memorandum of Understanding (MoU) at the SC Pakistan Head Office. Through this agreement Standard Chartered was awarded Hoechst Pakistan’s cash…
SBP has received SDR 760 million (equivalent to US$ 1026.9 million) from IMF
Following the approval of the IMF Executive Board of 37-month Extended Fund Facility amounting to US$7 billion, SBP has received the first tranche of SDR 760 million (equivalent to USD…
GCNP, MACN Host Key Session to Improve Customs Procedures in Maritime Sector
KARACHI: The Global Compact Network Pakistan (GCNP), and the Maritime Anti-Corruption Network (MACN) organized a highly engaging and informative session titled “Streamlining the Missing Links in Customs Procedures for Port…
Engro Fertilizers strengthens dealer and farmer partnerships for agricultural progress
Karachi: Engro Fertilizers Limited, one of Pakistan’s leading fertilizer manufacturers, hosted a meeting in Depalpur for dealers and farmers to address key challenges of the agricultural sector and explore innovative…
Euricom S.P.A expands into Pakistan: A boost for rice exports and foreign investment
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of a 50 percent shareholding in M/s. Fatima Euricom Rice Mills (Pvt) Ltd by M/s. Euricom S.P.A,…
Pakistan’s E-commerce Revolution Gains Momentum as JD Technology and East River Digital Inc. Launch Strategic Collaboration
Pakistan: JD Technology, a global technology and e-commerce company has announced a strategic partnership with East River Digital, a digital marketing agency in Pakistan. This collaboration, formalized at the headquarters…
Karachi Police Chief Promises Enhanced Security for North Karachi Industrial Area
KARACHI: Additional Inspector General of Police Karachi, Javed Alam Odho, assured the improvement of the security situation in the North Karachi industrial area and pledged all possible cooperation to the…
BF Biosciences IPO Receives Overwhelming Response from Investors
Karachi: The book-building process of BF Biosciences’ Initial Public Offer (IPO) has concluded with an oversubscription of 3.40 times, the company said on Thursday. The IPO received an overwhelming response…
Asia’s Energy Transition Summit Happening at LUMS
Lahore: LUMS is hosting the Asia’s Energy Transition Summit on September 28 – 29 to facilitate discussion on transition to renewable energy. Leading energy experts, researchers, civil society activists, policymakers…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 14,873.1 million as of 20-Sep-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Pakistan Society of Actuaries (PSOA), in collaboration with international partners, hosted a conference titled “Insurance Landscape of Tomorrow” in Karachi
ISLAMABAD: The Pakistan Society of Actuaries (PSOA) organized the Conference on “Insurance Landscape of Tomorrow” in collaboration with international actuarial professional organizations. The Institute and Faculty of Actuaries (UK), Society…
CCP discourages the term of ‘Big Four’ in agreements
ISLAMABAD: The Competition Commission of Pakistan (CCP), in its recent decisions, has explicitly discouraged the practice of using the term ‘Big Four’ in commercial covenants for appointing the firms for…
Companies to report induction and cessation of directors and CEOs through eZfile
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in line with its objective to simplify corporate reporting has introduced key amendments to Regulation 50 of the Companies Regulations, 2024,…
KCCI seeks extension in last date for filing Income Tax Returns
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has requested the Federal Board of Revenue (FBR) to extend the last date for filing Income tax Returns…
BF Biosciences Book Building Starts today (25 September), Company looks to raise Rs1.93 billion
Karachi: BF Biosciences IPO’s book building phase will be held on 25th and 26th September where high net worth individuals and institutional investors will subscribe to 100 per cent of…
Emirates commits support to Asia Rugby to broaden reach and appeal of sport in 36 countries
Karachi: Emirates has announced a new multi-year partnership as the Title Sponsor of Asia Rugby, furthering its commitment to growing the sport in untapped markets across Asia. The partnership will…
CCP approves Nishat Chunian Group’s corporate restructuring under scheme of arrangement
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved internal restructuring involving M/s. Nishat Chunian Limited (NCL), M/s. Nishat Chunian Power Limited (NCPL), M/s. Nishat Mills Limited (NML), and the…
Abdullah Zaki appointed as Member of KPT’s Board of Trustees
KARACHI: Former President Karachi Chamber of Commerce & Industry (KCCI) Abdullah Zaki has been appointment as Member of Board of Trustees of Karachi Port Trust (KPT). According to a notification…