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SBP enhances scope of its Renewable Energy Refinance Scheme to encourage production of clean energy

Karachi, July 22, 2020: State Bank of Pakistan (SBP) has enhanced the scope of its Refinance Scheme for Renewable Energy by allowing financing under category III of the scheme to solar and wind based energy sale companies. In light of the feedback received from stakeholders, the size of the project established by vendor/ supplier/ energy…

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Emirates SkyCargo keeps world connected with over 10,000 flights in 3 months

Karachi, July 22, 2020: Between April and June 2020, Emirates SkyCargo has facilitated the movement of essential commodities and other supplies for individual consumers and businesses across the world by operating more than 10,000 cargo flights to destinations across six continents. The flights were a mix of scheduled, ad-hoc and charter operations. In Pakistan, Emirates…

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Proposals to strengthen international audit and ethics standard-setting process welcomed by ACCA

Karachi, July 22, 2020: Robust global auditing and ethical standards are essential for business, investor and public trust, says ACCA (the Association of Chartered Certified Accountants) following publication of the Monitoring Group’s paper explaining the way ahead. Speaking about the Monitoring Group’s recommendations, Maggie McGhee, executive director – governance at ACCA says: ‘This is a…

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