Islamabad: Prime Minister Syed Yusuf Raza Gilani has declared 2012 as the Year of Regional Trade and Economic Connectivity on the recommendations of Ministry of Commerce. This measure would help in providing a clear direction and leadership in collaborating resources and aligning policies for achieving the desired objective of projecting …

Karachi: Mr. Yaseen Anwar, Governor, State Bank of Pakistan today said the central bank has laid down a detailed strategy to promote sustainable growth of the microfinance sector in its new Microfinance Strategic Framework 2011‐15, which will foster a pro‐poor and sustainable development in the country. In his inaugural speech …

Islamabad: Prime Minister Syed Yusuf Raza Gilani has appointed Mr. Rehmat Khan, Joint Director (Ex-Cadre/BS-19) to the post of Director (Ex-Cadre/BS-20), in the Federal Board of Revenue (HQ). For more information, contact: Haji Ahmed Malik Principal Information Officer Press Information Department (PID) Tel: +9251 925 2323 and +9251 925 2324 …

Islamabad: The SECP has developed and approved draft Thermal Energy (Cost Accounting Records) Order, 2011, for the company engaged in production, processing and generation of thermal energy/power. The companies engaged in generation of thermal energy are required to maintain such cost accounting records, including all particulars relating to utilization of …

Karachi: The Karachi Water and Sewerage Board (KWSB) reduced the water charges for textile industry from 215 to 135 per thousand gallons and for other industries from Rs.215 to Rs.190 per thousand gallons. The decision was made during a meeting held at Governor House under the Chairmanship of Governor Sindh …

Islamabad: Prime Minister Syed Yusuf Raza Gilani has appointed Mr. Muhammad Azam, Director (BS-19) to the post of Director General (BS-20), in the Pakistan Manpower Institute (PMI). For more information, contact: Haji Ahmed Malik Principal Information Officer Press Information Department (PID) Tel: +9251 925 2323 and +9251 925 2324 Fax: …

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the IFS rating of Adamjee Insurance Company Limited (AICL) at “AA” (Double A). The rating denotes a very strong capacity of the company to meet policyholder and contract obligations. At the same time, risk factors are considered modest, and the impact …