Company News : AsiaNet-Pakistan

Category: Company News

Islamic Banking Industry’s Assets Surge to Over Rs. 3 Trillion

March 14, 2020 |
Islamic Banking Industry (IBI) continues to flourish in the country as its assets reached Rs. 3 trillion by the end of 2019.According to the Islamic Banking Bulletin issued by State Bank of Pakistan (SBP), the assets of IBI grew by…

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Promotion of Exports is The Government’s Top Priority: PM

March 14, 2020 |
Prime Minister Imran Khan said that in view of the country’s economic improvement, the government’s foremost priority is the promotion of exports.He was presiding over a high-level briefing meeting on the Strategic Trade Policy Framework (STPF) 2020-25... Read More ...

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Real economic activity expected to revive soon: Reza Baqir

March 13, 2020 |
The Governor State Bank of Pakistan Dr Reza Baqir has emphasized real economic activity is expected to revive soon on the back of recent economic reforms initiated by SBP and the government.These comments were made at an interactive session hosted…

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Forex Firms Warn of Dollar Shortage Unless SBP Agrees to a Condition

March 13, 2020 |
The foreign exchange companies have warned that the export of permissible currencies against the dollar may be stopped if flight operations to Dubai remain suspended owing to the coronavirus threat.The exchange companies expressed serious concerns over... Read More ...

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PRL To Locally Produce Euro-II Standard Fuel & Save Over Rs. 1 Billion

March 13, 2020 |
Pakistan Refinery Limited (PRL) is working to upgrade its operational system in order to produce EURO II standard High-Speed Diesel (HSD) by the end of June, which is expected to save a handsome amount of its Rs. 1.15 billion on…

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Govt to provide ease with maximum degree of automation, transparency to exporters: Hafeez

March 13, 2020 |
Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh says the government is committed to provide ease with maximum degree of automation and transparency to the exporters.He expressed these views while chairing a meeting in Islam...…

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BOI Chairman Zubair Gilani Resigns Due to Personal Reasons

March 10, 2020 |
Chairman Board of Investment (BoI), Zubair Gilani has resigned from his post citing personal reasons. According to the PM’s Office, Zubair Gilani tendered his resignation to Prime Minister Imran Khan.According to the media reports, it was not confirme... Read More

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BOI Chairman Zubair Gilani Resigns Due to Personal Reasons

March 10, 2020 |
Chairman Board of Investment (BoI), Zubair Gilani has resigned from his post citing personal reasons. According to the PM’s Office, Zubair Gilani tendered his resignation to Prime Minister Imran Khan.According to the media reports, it was not confirme... Read More

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Aslam Khan is the New PIA Board Chairman

March 10, 2020 |
Aslam R. Khan, a veteran aviation professional and a former MD PIA, and serving director of the board, has been appointed as the Chairman of the national flag carrier.According to a stock filing, he has been appointed as Chairman on…

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Aslam Khan is the New PIA Board Chairman

March 10, 2020 |
Aslam R. Khan, a veteran aviation professional and a former MD PIA, and serving director of the board, has been appointed as the Chairman of the national flag carrier.According to a stock filing, he has been appointed as Chairman on…

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Industries being set up in Gwadar under CPEC to bolster exports: Razak

March 10, 2020 |
Adviser on Commerce Abdul Razak Dawood says the industries being set up in Gwadar under China-Pakistan Economic Corridor (CPEC) will bolster export volume of the country.Speaking at a dialogue on Industrial Cooperation under CPEC in Islamabad on Tuesda... Read More

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135 long vehicles laden with LPG cylinders, other goods arrive at Taftan

March 9, 2020 |
At the Pak-Iran border after resumption of trade activities, 135 long vehicles laden with LPG cylinders and other goods have arrived at dry port of Taftan.The Iranian drivers and cleaners were screened for possible coronavirus infection at the crossing... Read

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