Karachi, March 02, 2021: Pakistan Mortgage Refinance Company (PMRC) and its Partner Financial Institutions (PFIs) joined hands to provide and promote affordable housing finance in the country by signing Credit Guarantee Agreements with Credit Guarantee Trusts for Low-Cost Housing, set up by the Government of Pakistan with PMRC as Trustee. In the ceremony held at…
Karachi, October 19, 2020: Meezan Bank, Pakistan’s first and largest Islamic bank has become the first Bank in the country to disburse the first two Shariah-compliant housing finance facilities under Prime Minister’s Mera Pakistan Mera Ghar, Low Cost Housing Finance scheme on Friday, 16th October, 2020. The facilities were disbursed to Mr. Muhammad Anees who…
Karachi, May 12, 2020: The Competition Commission of Pakistan (CCP) has issued a Policy Note recommending that the Securities & Exchange Commission of Pakistan (SECP) restore the requirement of cost audit of five sectors in particular, and all other sectors in general, for facilitating policy interventions and promoting competition. The CCP’s specific recommendation is the…
Islamabad, March 31, 2020: To facilitate customers across the country and make sharing of balance easy during the lockdown, Pakistani telecom operator Ufone has made its UShare service free of cost for people. This is a countrywide offer and customers can now share balance with their friends and family without any additional service charges. Customers…
Karachi, July 30, 2019: Cost of power generation also increased on a full-year basis during the last fiscal year. According to the latest data, during FY19, the average cost was Rs5.36/KWh, 4.7 percent higher than FY18. This increase in average cost can be traced back to the energy mix where the costs of nearly all…