Applicable investment limits: Newly-licenced lending NBFCs must ensure compliance in a year: SECP ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the newly-licensed lending... Updated 09 Apr, 2023 11:00am
Business & Finance Subscription shares: South Sudan’s ICB shows interest in Silkbank KARACHI: M/s. International Commercial Bank (ICB) of South Sudan has expressed an interest in subscribing to the... Published 07 Apr, 2023 06:06am
Business & Finance Silkbank says International Commercial Bank South Sudan plans to invest €50mn in it The International Commercial Bank South Sudan (ICB) has expressed its intention to invest up to 50 million euros... Updated 06 Apr, 2023 04:26pm
Business & Finance SECP to allow NBFCs to launch digital fund management, lending and trustee services ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will allow the Non-Banking Finance Companies... Published 06 Apr, 2023 06:20am
Editorials FBR: implausible excuses EDITORIAL: It beggars belief that on the one hand FBR (Federal Bureau of Revenue) says it is improving its digital... Published 02 Apr, 2023 03:02am
Pakistan Acquisition of CDC shares: Pre-merger application of PSX cleared by CCP ISLAMABAD: The Competition Commission of Pakistan (CCP) has cleared the pre-merger application of Pakistan Stock... Published 01 Apr, 2023 06:21am
Print Jul-Mar CGT collection of PSX stands at Rs4.3bn ISLAMABAD: The capital gains tax (CGT) collection from Pakistan’s stock exchange stood at Rs4.3 billion during... Updated 01 Apr, 2023 08:45am
Business & Finance PBC objects to SRO on records of firms’ beneficial owners ISLAMABAD: The Pakistan Business Council (PBC) has expressed serious concerns over the Federal Board of Revenue’s... Published 31 Mar, 2023 06:45am
Pakistan CCP warns masses against apps offering nano-loans ISLAMABAD: The Competition Commission of Pakistan (CCP) has warned the general public about the rising trend of... Published 31 Mar, 2023 06:45am
Business & Finance Fraudulent credit lending digital apps downloaded 10mn times: CCP Over 30 mobile app-based micro-credit and nano-loan lenders are being investigated by CCP Published 30 Mar, 2023 06:40pm
Technology SECP issues SRO on digital lending Apps ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has empowered the commissioner, Specialized... Published 29 Mar, 2023 06:27am
Print Tax evasion: FBR admits it lacks capacity to analyse big data ISLAMABAD: The Federal Board of Revenue (FBR) has admitted that the tax machinery lacks the capacity to analyse big... Updated 28 Mar, 2023 08:46am
Print SECP decides to amend VPS rules ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to amend the Voluntary Pension... Updated 27 Mar, 2023 12:07pm
Business & Finance SECP-registered intermediaries must ensure compliance with AML laws ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has declared that the registered intermediaries... Published 26 Mar, 2023 03:19am
Print Non-residents: REIT RMCs allowed to issue units thru private placements KARACHI: The State Bank of Pakistan (SBP) has granted general permission to Real Estate Investment Trust (REIT)... Updated 25 Mar, 2023 08:46am
Business & Finance Violations of Companies Act: SECP imposes huge penalties on textile, other cos ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has imposed huge penalties on textile... Published 25 Mar, 2023 06:25am
Business & Finance Cos and IFIs: Names on ATL a must for appointing Shariah board members: SECP ISLAMABAD: The Shariah-compliant companies and Islamic Financial Institutions have been barred from appointing... Published 24 Mar, 2023 05:55am
Technology Starlink Internet Services has yet to satisfy telecom regulator ISLAMABAD: The Starlink Internet Services has yet to satisfy the telecom regulator and relevant stakeholders over ... Published 23 Mar, 2023 05:47am
Pakistan PTCL Group celebrates International Women’s Day KARACHI: Pakistan’s largest integrated ICT provider, PTCL Group (PTCL & Ufone 4G) celebrated International... Published 23 Mar, 2023 05:47am
Business & Finance Requirements of maintaining ECR, BMR abolished: Rating requirements for securities brokers simplified ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has simplified the rating requirements for... Published 22 Mar, 2023 07:26am
Business & Finance IGI Life Insurance to launch pension fund with Mahaana Wealth as investment advisor IGI Life Insurance is set to launch a pension fund in partnership with Mahaana Wealth, Pakistan’s first digital... Published 22 Mar, 2023 04:15am
Print Cotton: cabinet approves raise in support price ISLAMABAD: The federal cabinet on Friday approved the decision to increase the support price of cotton to Rs8,500 ... Updated 18 Mar, 2023 09:15am
Opinion New FATF guidelines: Shell companies and beneficial ownership Shell companies are considered the safest means to stash wealth created through criminal activities. Incorporation ... Updated 17 Mar, 2023 06:42am
Markets Capital market: PSX, IFMP sign MoU with CISI for development of human resources KARACHI: The Pakistan Stock Exchange (PSX) and Institute of Financial Markets of Pakistan (IFMP) signed a Memorandum... Published 17 Mar, 2023 06:16am
Business & Finance Unapproved digital lending apps/platforms: SECP stops NBFCs from collaborating ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has stopped the Non-Banking Finance Companies... Updated 14 Mar, 2023 09:23am
Pakistan OGDCL wins top corporate philanthropy award KARACHI: The Oil and Gas Development Company Limited has been described as “the largest corporate donor in terms ... Published 10 Mar, 2023 03:46am
Pakistan International Women’s Day: SECP pledges to improve women representation in corporate sector ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) celebrated International Women’s Day with a... Published 09 Mar, 2023 06:23am
Print SECP issues updated list of 25 ‘Active Insurance Brokers’ ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued an updated list of 25 ‘Active... Updated 09 Mar, 2023 08:50am
Business & Finance Corporate donations: Listed firms’ contribution nearing 1pc of profit after taxes: SECP chief KARACHI: The contribution of listed companies to corporate donations is approaching the globally accepted level of... Published 08 Mar, 2023 06:20am
Business & Finance SECP issues new Shariah Governance Regulations, 2023 ISLAMABAD: The proposed “Shariah supervisory board” of the Islamic financial institutions would ensure that the... Published 05 Mar, 2023 03:36am