August 7, 2025 – Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has unveiled a series of transformative regulatory and developmental reforms aimed at strengthening the mutual funds industry and promoting financial inclusion across the country. In a press briefing held at SECP Headquarters, Commissioner Zeeshan Rehman Khattak reaffirmed …
Read More »admin
CCoSOEs Stresses Timely SOE Appointments, Endorses New Boards
August 6, 2025 – Islamabad: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) convened today at the Finance Division under the chairmanship of Federal Finance Minister Senator Muhammad Aurangzeb, who joined proceedings remotely. The meeting focused on strengthening governance structures across various state-owned enterprises (SOEs). Key attendees included Federal Ministers Mian …
Read More »ECC Approves EV Subsidy, Rs30bn TSG for Remittance Claims, and Rs2bn Grant for QAU
August 6, 2025,Islamabad: The Economic Coordination Committee (ECC) of the Cabinet, chaired virtually by Finance Minister Senator Muhammad Aurangzeb, held a session today to review and approve several key economic proposals, including incentives for electric vehicles, remittance reimbursement, and financial support for higher education. During the meeting, the ECC approved …
Read More »Sindh Govt to Launch Rohri–Sukkur Train; Karachi–Sukkur Suburban Rail Also Proposed
August 6, 2025 – Karachi: The Sindh government has announced its decision to launch a train service on the short route between Rohri and Sukkur, aimed at easing travel for thousands of daily commuters. The initiative, part of broader transport development plans, was shared by Sindh Minister for Energy, Planning …
Read More »SECP Releases Detailed Report on Pakistan’s Healthcare Ecosystem
August 6, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has released a comprehensive report titled “Healthcare Ecosystem in Pakistan”, which provides an in-depth look at the country’s healthcare infrastructure, market dynamics, stakeholder roles, and the growing significance of health insurance. The report places special emphasis on the …
Read More »MCB Bank Earns Rs58.06bn Profit, Declares 90% Second Interim Dividend
Lahore ,August 7, 2025: MCB Bank Limited (MCB) announced a strong performance for the first half of 2025, delivering a Profit Before Tax (PBT) of Rs. 58.06 billion and declaring a second interim cash dividend of 90% (Rs. 9.00 per share). Combined with the earlier dividend, the total payout for …
Read More »Federal Cabinet Appoints Shoaib Javed Hussain as CEO of SLIC for Second Term
Karachi, August 6, 2025:The Federal Cabinet of Pakistan, acting on the recommendation of the Ministry of Commerce, has appointed Mr. Shoaib Javed Hussain as the Chief Executive Officer (CEO) of the State Life Insurance Corporation of Pakistan (SLIC) for an additional three-year term, effective August 6, 2025. Under Mr. Hussain’s …
Read More »FPCCI Voices Concern Over Increased Infrastructure Development Cess in Sindh
Karachi – August 6, 2025: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concerns over the recent increase in the Infrastructure Development Cess (IDC) on imports in Sindh, raising the rate from 1.25% to as high as 1.85%. FPCCI President Atif Ikram Sheikh has urged …
Read More »foodpanda Adds USD 1.2 Billion to Pakistan’s Economy in 2023-24: LUMS Study
Karachi – August 6, 2025: The study highlights how foodpanda is helping many parts of the economy including food, retail, transport, and online services. In just one year, foodpanda generated PKR 75 billion in sales for restaurants, paid PKR 9.76 billion in taxes, and supported over 50,000 riders and many …
Read More »Govt Appoints Two New Members to Privatisation Commission Board
Islamabad – August 5, 2025: The Government of Pakistan has appointed two distinguished professionals, Mr. Asif Ali Qureshi and Mr. Amir Shehzad, as new members of the Privatisation Commission Board, aiming to bolster the commission’s strategic and operational capabilities as it pushes forward with its privatisation agenda. According to a …
Read More »