Business : AsiaNet-Pakistan

Category: Business

NAB does not believe in victimization: Javed Iqbal

April 19, 2021 |

Chairman National Accountability Bureau Javed Iqbal has said NAB does not believe in victimization and the actions against corrupt elements are across the board.In a statement, he said the prestige and repute of NAB has increased manifold due to its in…

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SECP Chairman Addresses Virtual Roundtable on Revamping REIT Regulations

April 19, 2021 |

Addressing a consultative roundtable, organized to discuss draft amendments to the REIT Regulations, 2015, the SECP Chairman, Aamir Khan reiterated the regulator’s resolve to reform the regulatory framework for REITs in the country, with the aim to mov…

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Rupee Continues to Fall With Big Losses Against All Major Currencies

April 19, 2021 |

Pakistan Rupee once again turned its gains into losses against the US Dollar in the international currency market on the opening day of the week. However, it continues to trade at a strong position against the greenback.PKR closed at Rs. 152.93 to the …

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Optimize Your Online Gaming Experience With Free Extra Internet Speed

April 19, 2021 |

High ping response and lag are two pain points for any gamer across the globe. While you are completely involved during your online gaming experience with full passion, a little latency issue can get you killed.Nayatel Optimus resolves issues of high p…

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New Finance Minister Holds Introductory Meetings with Key Staff Members

April 19, 2021 |

After taking the Oath of Office, the Federal Minister for Finance and Revenue, Shaukat Fayyaz Ahmed Tarin, held an introductory meeting with the Secretary Planning, Development and Special Initiatives and the Chief Statistician to evaluate the current …

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Balochistan CM takes notice of illegal entry of non-native trawlers

April 14, 2021 |

Balochistan Chief Minister Jam Kamal Khan has taken stern notice of the illegal entry of non-native trawlers and fishing activities in the waters of Balochistan.In a statement issued in Quetta, the Chief Minister said that illegal trawling is causing e…

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Reducing Privileges for Pakistan’s Elite by Just 24% Can Double Benefits for the Poor

April 14, 2021 |

The total privileges enjoyed by Pakistan’s most powerful groups amounted to $17.4 billion in 2017–2018, equivalent to seven percent of the country’s GDP as it battles with inequality, according to a report released by UNDP on Pakistan’s National Human …

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ECC Approves Monthly Production Plan for Cost-Effective Electricity Production

April 14, 2021 |

Federal Minister for Finance, Revenue, Industries and Production, Muhammad Hammad Azhar, chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet today.Power Division presented a summary regarding waiver of minimum 66% Take-or-Pay …

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NCCPL Amends Murabaha Share Financing System Regulations

April 14, 2021 |

While carrying the quest of continuous progression and meeting the requirements of capital market participants, the National Clearing Company of Pakistan Limited (NCCPL), with the consultation and guidance of the Securities and Exchange Commission of P…

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NTC Mulling on Removing Duty on Imported Bus/Light Truck Tyres

April 13, 2021 |

The National Tariff Commission (NTC) has started an investigation on the proposal of an importer of tyres for removal of Regulatory Duty (RD) on the import of Light Truck/Bus Radial and Bias Tyres.The details issued by the NTC revealed that M/s Zafar E…

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OICCI Asks FBR and SBP to Ensure Bank Customers With High Turnovers File Taxes

April 13, 2021 |

The Overseas Investors Chamber of Commerce and Industry (OICCI) has informed the Federal Board of Revenue (FBR) that the State Bank of Pakistan (SBP) and the FBR to devise a framework to ensure all customers of financial institutions whose account show…

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SECP Stops a Bank From False Share Trading

April 13, 2021 |

The Securities and Exchange Commission of Pakistan (SECP) has prohibited a bank in Sindh to avoid false trading in shares of different companies in the capital market and avoid such a pattern of trading in the “Ready Market” in the future.In this conne…

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