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President approves amendments to companies act to facilitate startups

Karachi, May 04, 2020: President Dr Arif Alvi has approved amendments in Companies Act 2017 to provide an enabling regulatory framework to facilitate startups in Pakistan. These amendments were proposed by the Securities and Exchange Commission of Pakistan (SECP) to help promoting and nurturing startups as well as attract local and international innovators. The Companies…

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Ismail Suttar elected EFP president

Karachi, April 29, 2020: Ismail Suttar was unanimously elected as the new President of Employers’ Federation of Pakistan following the resignation of Mr. Majyd Aziz. Meanwhile, Zaki Ahmed Khan, will remain Vice President while Majyd Aziz would continue to be Member of EFP Board of Directors. Ismail Suttar is also the chairman of EFP Economic…

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SBP’s decision of reducing 75 bps to 12.50pc does not reflect market sentiment: President FPCCI

Karachi, March 19, 2020: Mian Anjum Nisar President, Federation of Pakistan Chambers of Commerce and Industry said that the SBP decision seems totally against the global wisdom under prevailing drastic conditions of the life-threatening disease caused by COVID-19. Global think tanks and large number of countries are supporting economic activities by introducing ease of doing…

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Proposed rise in gas price will seriously affects industrial sector: President FPCCI

Karachi, February 04, 2020: Mian Anjum Nisar President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) strongly criticized the move to increase gas prices and urged Prime Minister Imran Khan to immediately stop the implementation of the proposal. He said that the proposal of the Ministry of Petroleum would seriously affect the industrial sector,…

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