KARACHI, November 15, 2024: The State Bank of Pakistan (SBP) has taken strict action against M/s Islamabad Exchange Company (Pvt.) Limited, suspending its authorization with immediate effect due to violations of SBP’s rules and regulations. As a result of this suspension, the exchange company, along with its head office and authorized branches, has been barred…
ISLAMABAD, November 15, 2024: Federal Minister for Commerce Jam Kamal Khan has reiterated the government’s commitment to revitalizing Pakistan’s textiles and apparel industry, addressing its growing challenges and reaffirming its critical role in the nation’s economic stability. During a detailed discussion with a delegation from the All Pakistan Textile Mills Association (APTMA), led by Chairman…
ISLAMABAD, November 14, 2024: The Securities and Exchange Commission of Pakistan (SECP) has officially notified the Securities Managers (Licensing and Operations) Regulations, 2024 to facilitate the growth of investment advisory services in Pakistan’s securities market. These newly introduced regulations allow eligible securities brokers to provide portfolio management services by acquiring a license as a securities…
KARACHI, November 14 2024: A high-level delegation led by the Senior Vice Chairman of the Rice Exporters Association of Pakistan (REAP) visited the Trade Development Authority of Pakistan (TDAP) today to hold important discussions with the Chief Executive Mr. Zubair Motiwala and Secretary Mr. Sheryar Taj. The meeting, marked by cordial exchanges and fruitful dialogue,…
KARACHI, November 12 2024: Standard Chartered Bank (SCB) Pakistan has made a significant stride in the financial and travel sectors by launching a customized IATA EASY PAY solution tailored specifically for Pakistan’s market. This innovative solution aims to simplify the billing and settlement process for IATA (International Air Transport Association) Agents, transforming how airline tickets…