SECP highlights investment opportunities in ETFs

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) successfully organized a seminar to increase awareness regarding Exchange Traded Funds (ETFs), a new investment product, launched recently in Pakistan’s capital market. ETFs are index tracking funds, which because of their passive investment nature offer lower cost to the investors along… Continue reading

Frequent hike in energy rates to appease IPPs will dent PM vision of reducing production cost

The Federation of Pakistan Chambers of Commerce and Industry’s ruling group has resented the frequent jump in electricity tariff and petroleum products’ prices, which is made on behest of the IMF, besides appeasing the Independent Power Producers, stating the move will dent the Prime Minister’s vision of lowering cost of… Continue reading

Tri-Angels Electronics Pvt. Ltd. Introduces next generation Hisense LED TVs in Pakistan

KARACHI: Tri-Angels Electronics Pvt. Ltd., one of Pakistan’s fastest growing company, has marked another milestone in bringing the most high-end television technology to the country with Hisense’s 85” 4K Smart ULED TV. 85” is the largest size screen in LED TV in Pakistan which now have great demand in Pakistan… Continue reading

SBP’s maintaining status quo illogical amid falling inflation, rising growth

The Federation of Pakistan Chambers of Commerce and Industry’s ruling group has raised concern over keeping monetary policy rate unchanged at 7% for the third consecutive time, however, hailed the SB’s indication of maintaining its accommodative monetary stance in the near-term to support the rare recovery amid uncertain Covid-19 challenges…. Continue reading

SECP’s awareness drive for promotion of Housing Finance Companies

Islamabad: As part of SECP’s initiative for promoting Housing Finance Companies (HFCs) in Pakistan, SECP organized a webinar in collaboration with Pakistan Mortgage Refinance Company (PMRC) and International Finance Corporation (IFC). Speaking at the occasion, Farrukh Sabzwari, SECP Commissioner for Specialized Companies, highlighted the significance of the housing finance sector,… Continue reading

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

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