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…
KARACHI, January 15, 2019: Allied Bank Limited (ABL), one of the country’s largest bank, has cardless ATM service to avoid fraud incidents. After multiple incidents of data hacking of payment card by hackers and through skimming devices, in order to more secure the payment card transactions, Allied bank has completely converted its card system on…
Karachi, January 14, 2019: In order to create awareness about the National Financial Literary Program (NFLP) and more specifically, sensitize the masses regarding the on-ground execution, the State Bank of Pakistan (SBP) has decided to launch a dedicated NFLP mass media campaign from January 15, 2019 through print, radio and social media. It is important…
Karachi, January 14: TPL Properties has signed a Memorandum of Understanding (MOU) with Equitativa, the largest Real Estate Investment Trusts (REIT) manager in the GCC and manager of Emirates REIT, to form a REIT Management Company (RMC) in Pakistan. Together, Equitativa and TPL Properties will launch real estate investment trusts for the first time under JV…