Company News : AsiaNet-Pakistan

Category: Company News

Govt Finalizes Terms With Stakeholders for Pakistan Electric Vehicle Policy

January 17, 2020 |
Advisor to Prime Minister of Industries and Production, Commerce, Textile and Investment Abdul Razzak Dawood chaired the 30th meeting of Auto Industry Development Committee (AIDC) to discuss local manufacturing Electric Vehicles, organized by Enginee... Read More ...

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NAB Books Malik Riaz in Rs. 100 Billion Scam

January 16, 2020 |
National Accountability Bureau (NAB) has lodged the first-ever reference against real estate magnate, Malik Riaz, and several other suspects for illegally allotting an amenity plot in Clifton, on which Bahria Town constructed the Icon Tower.NAB has als... Read More ...

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NAB Books Malik Riaz in Rs. 100 Billion Scam

January 16, 2020 |
National Accountability Bureau (NAB) has lodged the first-ever reference against real estate magnate, Malik Riaz, and several other suspects for illegally allotting an amenity plot in Clifton, on which Bahria Town constructed the Icon Tower.NAB has als... Read More ...

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Govt’s actions helped to stabilize economy: Finance Ministry

January 15, 2020 |
The Ministry of Finance says actions by the government have helped stabilize the economy and reduce the unsustainable fiscal and trade deficits, leading to restoration of business confidence.In a statement issued today, the Finance Division said the su... Read More

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RTO Islamabad Registers 32% Growth in Tax Collection

January 15, 2020 |
Regional Tax Office (RTO), Islamabad has registered a growth of 32% in collection of Inland Revenue Taxes during July-December (2019-20) and the Large Taxpayer Unit (LTU) Karachi has reported a growth in revenue collection of up to 15% as compared…

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SECP Introduces Separate Category for Transgender Persons in eServices

January 15, 2020 |
The Securities and Exchange Commission of Pakistan (SECP) has introduced a separate category for members of the transgender community in its online portal for company registration and compliance i.e. eServices.This initiative is in line with the Govern... Read More ...

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Saudi Company to Invest $4 Billion in Renewable Energy in Balochistan

January 14, 2020 |
Minister for Power Division Omar Ayub Khan has revealed that a Saudi power producing company, ACWA Power, will invest $4 billion in the country's renewable energy sector.While briefing the national assembly, he stated that ACWA Power will invest in Bal...…

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Pak debt will fall to about 80 percent by end of next fiscal year

January 14, 2020 |
Fitch rating agency has forecast that Pakistan's debt including guarantees and International Monetary Fund borrowing will fall to about eighty percent by end of next fiscal year due to faster nominal GDP growth and fiscal consolidation.The New York bas... Read

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Remittances Touch Seven Month High

January 13, 2020 |
In December 2019, the inflows of workers' remittances amounted to $2.097 billion, a seven month high since May 2019. It is 15.25% higher than $1.819 billion of November 2019 and 20% higher than December 2018, in which $1.748 billion inflows…

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SECP to extend One Stop Shop facility for company registration to Balochistan, KP

January 10, 2020 |
The Securities and Exchange Commission of Pakistan will extend its One Stop Shop facility for company registration to Baluchistan and Khyber Pakhtunkhwa.This was said by SECP Commissioner Shaukat Hussain while speaking at the launching ceremony of Gove... Read More ...

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SECP to Extend its One-Stop-Shop to Balochistan

January 10, 2020 |
The Securities and Exchange Commission of Pakistan (SECP) will extend its One-Stop-Shop (OSS) facility for company registration to Balochistan and KPK.SECP Commissioner, Shaukat Hussain, said this while speaking at the launching ceremony of the Balochi... Read More ...

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SBP Allows Merchant Account Holders to Deposit Cash

January 9, 2020 |
State Bank of Pakistan (SBP) has directed conventional and microfinance banks to allow cash deposits into merchant accounts by the owners, which are mostly retailers of various goods and services.The central bank has revised its regulations on Digital ... Read

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