The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper on Standard Principles for Recognition and Conduct of Industry Associations, introducing a strategic framework aimed at strengthening Pakistan’s financial sector through enhanced self-regulation. The SECP has stated from Islamabad on Monday that the proposed framework sets out a clear roadmap for eligible…
Pakistan planning to exploit its strategic position in the Indian Ocean, and offers regional connectivity too. The Vice Chief of Naval Staff, Vice Admiral Ovais Ahmed Bilgrami on Wednesday, called on the minister for Maritime Affairs in Islamabad and presented the point of view of strategic direction for the key maritime policies being formulated. In…
High-Level Talks on National Tractor Policy to Strengthen Agriculture and Industry Read more: Belarus for enhancing JVs in Industrial sector A high-level meeting with tractor manufacturers was held today under the chairmanship of the Special Assistant to the Prime Minister (SAPM) on Industries and Production, Mr. Haroon Akhtar Khan, to discuss the formulation of the…
The Pakistan Sugar Mills Association has blamed the ongoing price hike of sugar on whole sale and retail market players.The PSMA Punjab chapter has said that the investors have entered the sugar trade who were making huge profits by temporarily hoarding sugar stocks. Read More: Belarus for enhancing JVs in Industrial sector ”The move sponsored…
With the approval from Pakistan Space Activities Regulatory Board (PSARB) American company Starlink- providing satellite based internet, is just one step short of launching its services in Pakistan, which will also give the muscle to the government to demand discontinuation of Starlink services to illegal users. While the move has been welcomed by the Minister…
In a strange move the Incumbent government has claimed that not passing on the drop in global oil rates to the consumers in Pakistan was a Relief. Amid declining prices in the international markets and stable Rupee-Dollar parity the government has decided to maintain oil rates in the country instead of reducing it.Instead the official…
While acknowledging that government holds the ownership of the PTCL and the Ufone with majority of shares, the minister for IT & Telecom also accepted that the Ufone was not sharing its loss making balance sheet with the government. “The Ufone was operationally under Eitsalat therefore the government was not responsible for its constant loss…
The National Cyber Emergency Response Team of Pakistan (PKCERT) has issued advisory against phishing attacks and asked the citizens, to aware themselves against such online fraudulent activities. The advisory issued by PKCERT has said that a new phishing and spoofing attack campaign is actively targeting Pakistani citizens through fraudulent emails impersonating law enforcement authorities. The advisory…
Pakistan Sugar Mills Association (Punjab Zone) has said that Sugar Industry appreciates and supports efforts of the Federal and Provincial Governments of providing cheapest sugar to domestic consumers in the holy month of Ramadan and would make discounted sugar available at Rs.130 through sale points to be established throughout the country. About current sugar prices,…
The government on Saturday reduced the prices of key petroleum fuel for the next fortnight up to the month of March.The prices of aviation fuels both used by the civilian airliners and the military crafts have declined too.With the reduction of Rs 1 the new price of petrol is Rs256.15 per litre.How were the prices…