As praises pour in for Prime Minister (PM) Imran Khan over the opening of the Kartarpur Corridor despite deteriorating Pakistan-India ties, a group of Sikhs has demanded Nobel Prize for the premier. According to reports, several Sikh organisations, including “Sikhs for Justice”, have decided to launch a campaign seeking the Nobel Prize for Imran in a bid to make the world recognise his peace efforts. … Continue reading Sikhs praise PM Imran Khan
The Securities and Exchange Commission of Pakistan (SECP) has been undertaking a reform agenda to revitalize the capital market and promote expansion of investor base. It is felt that small and medium sized brokerage houses, alongside large ones, have a critical role to play in this regard. Based on representations received from various stakeholders including small sized brokers and recommendations of the Stock Market Reforms … Continue reading SECP reforms further.
Dr. Reza Baqir, Governor, State Bank of Pakistan launched the National Payment Systems Strategy (NPSS) in an event held today at its headquarters in Karachi. President of the World Bank, Mr. David Robert Malpass was the Chief Guest at the event that was attended by key stakeholders including regulators, government entities, banks, telcos, Electronic Money Institutions (EMIs), Payment System Operators (PSOs) and Payment Service Providers … Continue reading SBP Launches National Payment Systems Strategy during Visit of World Bank’s President
The dissident political leaders from the Indian state of Manipur have declared independence from India and forming a government-in-exile in Britain. Addressing a press conference in London, representatives of Manipur’s King Leishemba Sanajaoba also announced formation of Manipur State Council. The Chief Minister Yamben Biren and Minister of External Affairs and Defence Narengbam Samarjit of the Manipur State Council said we believe that now is … Continue reading Manipur declares independence from India 🇮🇳
Biggest leap ever in ease of doing business ranking of 28 points & that too within just a year of correct economic policies. Pakistan is on the upswing & open for business .. a true treat for any investor! Ease of Doing Business Ranking & GDP Growth, 2010 EODB: Pakistan 85, China 89, Bangladesh 119, India 133 GDP Growth: Pak 1.6%, China 10.6%, Bng, 5.6%, … Continue reading Ease of doing business in Pakistan ranks up 28 places!
New tariff will not only give relief to masses but help government get out of capacity payment trap. In a welcoming development, the government is all set to introduce flat tariff regime for electricity consumers having ToD (Time and Day) meters at Rs11.97 per unit for four months of winter reason. It will not only give a substantial relief to masses but also help the … Continue reading Flat tariff at Rs11.97 to the domestic and commercial consumers- Power Division
FBR will very soon issue very strict instructions to all officers, employees and staff of all formations of FBR not to interact with businessmen through personal visits, telephone calls, cell phone messages or emails. Automated / authorised system will be only manner to interact. From November 1, 2019 strict enforcement will be made against unauthorised interaction between FBR staff and business community. Business community is … Continue reading No unauthorised communications allowed with FBR staff
The country’s total liquid foreign exchange reserves slightly moved up by $ 44 million to $ 15.186 billion by the end of last week. During the week under review, the State Bank of Pakistan’s reserves increased by $ 79 million to $ 7.893 billion as on October 18, 2019 compared to $ 7.813 billion a week earlier. Reserves held by banks declined by $ 35 … Continue reading Forex reserve increase.
🇵🇰 🇹🇷 🇦🇿 The number of Azerbaijani citizens buying properties in Turkey grows every month. Over the period of January-September 2019, Azerbaijani citizens purchased 829 pieces of real estate in Turkey, which is 128 pieces more than in the same period of 2018, Trend reports referring to the Turkish General Directorate of Land Registry and Cadastre. According to the Directorate, in January 2019 Azerbaijani citizens … Continue reading Azerbaijan Citizens buy real estate in Turkey- so can Pakistani
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