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Saturday, October 20th, 2018
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Category Archives: Business News

Procedure for Repatriation of liquid assets and Deposit of Tax under Foreign Assets (Declaration and Repatriation) Act, 2018

Karachi, June 21, 2018 (PPI-OT): Reference the SBP Notification No. FD/1704/2011/2018 dated April 16, 2018 on the subject. In order to facilitate the prospective declarants in payment of the tax against declaration of foreign assets under Foreign Assets (Declaration and …

Muffasar Malik concerned over continuous devaluation of rupee

Karachi, June 19, 2018 (PPI-OT): President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik, while expressing deep concerns over continuous devaluation of rupee against dollar, said that dollar has risen sharply to all time high of Rs122 which …

Appointment of businessmen as ministers welcomed

Karachi, June 19, 2018 (PPI-OT): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday welcomed the induction of five prominent businessmen as ministers in the caretaker setup terming it a positive move. Those who have become ministers …

Karandaaz supporting Digitization of National Bank of Pakistan

Islamabad, June 19, 2018 (PPI-OT): Karandaaz Pakistan and National Bank of Pakistan (NBP) have partnered to launch a nationwide initiative for the promotion of digital financial inclusion by implementing a robust Application Programming Interface (API) on Apigee. Apigee is a …

LG V35 ThinQ: A Faster, Smarter V Series Phone

Karachi, June 14, 2018 (PPI-OT): LG Electronics (LG) announces the LG V35 ThinQ, the latest iteration of its highly acclaimed V series of premium multimedia smartphones. The LG V35 ThinQ continues to inject new energy into the V series platform …

Securities and Exchange Commission of Pakistan approves Employee’s Contributory Funds (Investment in Listed Securities) Regulations, 2018

Islamabad, June 14, 2018 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has introduced Employee’s Contributory Funds (Investment in Listed Securities) Regulations, 2018. The new regulations are aimed at improving safety regime for the employees contributing to various contributory …

State Bank of Pakistan designates Domestic Systemically Important Banks

Karachi, June 14, 2018 (PPI-OT): State Bank of Pakistan has announced the designation of D-SIBs under the Domestic Systemically Important Banks (D-SIBs) framework that was introduced in April 2018. The D-SIBs framework as introduced by State Bank is consistent with …