After the COVID-19 was declared a pandemic by the World Health Organization (WHO), various international financial agencies have been providing economic and technical assistance to countries in helping combat the economic impact. Accordingly, the International Monetary Fund (IMF) is providing emergency financial assistance and debt relief to member countries facing the economic impact of the … Read More “Pakistan ranks 3rd among Countries received relief from IMF” »
Are you searching for tips to enhance productivity while working from home? Well you are at the right place. Just ride along through this blog and know about 5 key tips for work from home. As the whole world is affected by the Covid-19 pandemic, the populous around the global has been confined to their … Read More “5 Tips to enhance productivity while Working from Home” »
Everything starts from zero. It doesn’t matter whether you are rich or poor to start a business, what matters is how you plan / work on the idea together with passion, dedication and commitment. Passion has always been the key to start an endeavour and convert in to a successful business. Even the richest persons … Read More “5 Key Steps to Start a Business” »
Owing to Covid 19, online shopping is booming day by day and it is safer than going out in this pandemic situation. Though there are other reasons to shop online like customized shopping options, shopping while sitting in your backyard etc. In nutshell online shopping is much easier, comfortable and lucrative for consumers. Thus trillions … Read More “5 Tips for Safe Online Shopping” »
The Economic Coordination Committee (ECC) of the Cabinet has approved Mobile Device Manufacturing Policy in the meeting held on May 21, 2020. The fundamental purpose of this policy is to promote local manufacturing and assembly of mobile phone handsets in addition to ensure localization of the parts of the mobile phones. The Mobile Device Manufacturing … Read More “Government to introduce Mobile Device Manufacturing Policy soon” »
According to a statement issued by State Bank of Pakistan (SBP), until 15 May 2020, around 1700 businesses have applied for loan under the SBP’s Rozgar Refinance Scheme amounting to Rs. 120 billion. These businesses have employed more than 1.1 million individuals. Under this scheme, about Rs. 61 billion has already been approved by banks … Read More “600,000 Jobs saved by SBP Rozgar Refinance Scheme” »
On April 8, 2020, the BankIslami Pakistan Limited (BIPL), the holding company of BIPL Securities Limited (BIPLS) made a public announcement informing public that M/s AKD Securities Limited (ASL) intents to acquire up to 77.12% of issued and paid up capital along with management control of BIPL Securities Limited. The offer was made by ASL … Read More “AKD Securities may likely acquire BIPL Securities Limited” »
Pakistan has the sixth largest population in the world as around 207 million people are living in this country according to 2017 census. The country is 23rd largest economy by purchasing power parity and 42nd largest economy by nominal gross domestic product. By 2050, Pakistan is expected to become the 18th largest economy. Although the … Read More “5 steps to start a new business in Pakistan” »
The Faysal Bank Limited announced new Board of Directors (BoD) after conducting election on May 14, 2020. The election was conducted through in person voting, e-voting, postal ballot and through proxies. Every company is required to conduct election for Board of Directors pursuant to the Companies Act, 2017. The elected directors will serve Faysal Bank … Read More “Faysal Bank announced new Board of Directors (BoD)” »
The government of Pakistan recently launched the Secured Transactions Registry (STR) pursuant to the Financial Institutions (Secured Transactions) Act, 2016. The STR will be used for registration of security interests/charges created by entities other than companies on their movable assets such as receivables, intellectual property, inventory, agricultural products, petroleum or minerals, motor vehicles, etc. STR … Read More “What is SECP’s Secured Transactions Registry (STR)” »
