Karachi, Jan. 15, 2019: On completion of the term of Aftab Manzoor, as Chairman, Pakistan Banks’ Association (PBA), Muhammad Aurangzeb, President & CEO, Habib Bank Limited, has been unanimously elected as Chairman PBA. The PBA elections were held in Karachi on January 14, 2019. Muhammad Aurangzeb joined HBL on April 30, 2018 as the President &…
Karachi, January 15, 2019: The federal government has implemented new law for 10-day compulsory leaves for male workers on birth of baby. According to Shiren Mazari federal minister for human rights has confirmed the report and said that for the first time this act has been approved and accordingly implemented to facilitate fathers. As per…
Karachi January 15, 2019: Pakistan Exploration & Production (E&Ps) companies along with international partners have ventured into offshore territory of underexplored but promising Indus G-Block for a deep-sea drilling endeavor. The operator of the block, ENI (an Italian company working in Pakistan’s upstream sector since 2000) has chartered Saipem 12000 rig/ship to drill the exploration…
Islamabad, January 15, 2019: The federal government on Tuesday allowed duty free import of cotton to facilitate the export oriented textile sector. Sources told Thebizupdate.com that the Economic Coordination Committee (ECC) of the cabinet has approved withdrawal of customs duty, additional customs duty, sales tax on import of cotton for five months. They informed…
Islamabad, January 15, 2019: Timeline for registration of mobile devices under Pakistan Telecommunication Authority’s (PTA) Device Identification Registration & Blocking System (DIRBS) is being end midnight of January 15, 2019, after that all non-compliant devices will be blocked. Sources told Thebizupdate.com that all smuggled, theft and counterfeit mobile phone cell phones will be blocked from…