ISLAMABAD (MEDIA REPORT) Minister for Interior and Planning, Development and Reforms Ahsan Iqbal on Thursday said that the government has released funds for initiating reforms in education, improving curriculum on modern lines and bringing religious schools into the mainstream education system. Addressing the concluding ceremony of 5th National Stakeholders ConferenceRead More →
ISLAMABAD (PRESS RLEASE) Prime Minister Shahid Khaqan Abbasi today chaired a meeting of Cabinet Committee on Privatization (CCoP) at Prime Minister’s Office. The meeting discussed issues related Pakistan International Airlines Corporation Ltd. and Pakistan Steel Mills. Minister for Privatization Mr. Daniyal Aziz gave a detailed presentation on various issues, including the financialRead More →
LAHORE (PRESS RELEASE) Sarmayacar, a syndicate of foreign investors to promote Pakistani startups has announced Rs. 25 million Seed funding for SimPaisa which is Pakistan’s first direct carrier billing company, a product of PublishEx(Pvt.) Ltd. Many online businesses have struggled to generate real revenue growth due to the lack ofRead More →
ISLAMABAD (PRESS RELEASE) The Competition Commission of Pakistan (CCP) has issued Show Cause Notices to Diamond Paints Industries (Pvt.) Ltd. and its dealers for entering a cartel agreement in violation of Section 4 of the Competition Act, 2010. The CCP took notice of the allegations that Diamond Paints and itsRead More →
KARACHI (PRESS RELEASE) A signing ceremony, cementing partnership between the distribution giant IBL and Haleeb Foods took place at IBL’s Karachi office. Speaking on this partnership, CEO Haleeb Foods, Mr. Memosh Khawaja said “We are immensely pleased to partner with IBL which is a leading distribution house in the country.Read More →
ISLAMABAD (MEDIA REPORT) The Securities and Exchange Commission of Pakistan (SECP) and Board of Investment worked in close collaboration to introduce reforms to make business incorporation easier in the context of Starting a Business indicator of World Bank Doing Business Report. Considering the world’s best practices for company registration, theRead More →
LAHORE (MEDIA REPORT) The Excise, Taxation and Narcotics Control Department is likely to launch automated vehicle registration cards by April, replacing the current registration books. The initiative would be piloted from Lahore in March and later no new book would be issued as they run out of stock. Subsequently motoristsRead More →
ISLAMABAD ( MEDIA REPORT ) Food exports from the country witnessed an impressive growth of 16.81 during the first half of the current fiscal year compared to the corresponding period of last year. The food exports rose to $1,932,269 million during July-December (2017-18) against the exports of $1,654,245 million duringRead More →
ISLAMABAD ( MEDIA REPORT ) Business to consumer E-Commerce (e-B2C) is on the rise in Pakistan as 571 local e-commerce merchants were already accepting payments through banking channels as of end-June 2017, with cumulative annual domestic sales worth Rs 9.8 billion. In addition to that, transactions worth Rs 20.7 billionRead More →
KARACHI (PRESS RELEASE) Telenor Microfinance Bank and TEZ Financial Services have entered into an agreement for disbursement of nano-loans to Easypaisa Mobile Account customers. The agreement was signed recently at the Telenor Bank Head Office. Shahid Mustafa, President & CEO – Telenor Microfinance Bank and Nadeem Hussain, Founder & CEORead More →
LAHORE (PRESS RELEASE) Islamabad United, the winners of the inaugural HBL PSL, is proud to announce its partnership with Haleeb Foods. Haleeb Foods is a leading Foods and Beverage Company, with a primary focus on nutrition, health and the well-being of its consumers. Haleeb Foods is a pioneer in theRead More →
ISLAMABAD (PRESS RELEASE) Pakistan Microfinance Investment Company (PMIC) and Karandaaz Pakistan have signed a subordinate loan agreement under which Karandaaz Pakistan will provide PMIC with a subordinate loan of PKR 3.4 billion to be released in two equal tranches. The Subordinate Loan Agreement was signed by Mr. Ali Sarfraz, ChiefRead More →