Business & Industry

A recent report from UN Conference on Trade and Development study has found that last year’s Covid-19 pandemic has given a boost to the e-commerce segment, however, its impact wasn’t equally felt in the economy. A report from the United Nations CTA stated: “Although it will take some time to get a full picture of […]

As ARY Group steps up its efforts to acquire 51 per cent of issued and paid-up capital of WorldCall Telecom Ltd along with the management control, its manager to the offer, AKD Securities, refreshed its bid to acquire the control of the company’s management and shares. According to an official of AKD Securities, the time

Pakistan’s exports have continued to register at over $2 billion for seven consecutive months. In April 2021, the exported goods were worth $2.19 billion. This was announced by the Adviser to the Prime Minister on Commerce, Abdul Razak Dawood, late on Sunday via a tweet that read: “Alhamdulillah, Pakistan’s export for April 2021 stood at

The gross revenue collection of the Federal Board of Revenue (FBR) stood at Rs. 3976 billion during July-April (2020-21) against Rs. 3438 billion during the same period last fiscal year, reflecting an increase of 16 percent. The Federal Board of Revenue (FBR) on Saturday released the provisional revenue collection figures for the first ten months

The government is likely to grant incentives to the capital market in the upcoming budget (2021-22) by incorporating viable proposals of the Pakistan Stock Exchange Limited (PSX) including rationalization of the capital gains tax (CGT) on disposal of securities. Sources told Propakistani that the Ministry of Finance has received budget proposals of the Pakistan Stock

The foreign company is required to obtain, maintain and duly update the records of the Ultimate Beneficial Owner (UBO) in the foreign company, according to the Securities and Exchange Commission of Pakistan (SECP). The SECP Friday issued guidelines for legal entities to comply with the ultimate beneficial ownership (UBO) regime, pursuant to the applicable laws

Government of Pakistan, through Ministry of Finance, has issued a directive for discontinuation for Rs. 7,500 bond with immediate effect. Notification issued late today, and available with ProPakistani, said that circulation of Rs. 7,500 prize bond will be seized immediately, and no one would be authorized to handle or trade the prize bond with denomination

As part of its transformational journey, the SECP has now introduced a single combined digital certificate evidencing registration with SECP and some provincial departments simultaneously. The SECP continues to strive for reducing physical interaction with the citizens and is focused on providing services through the use of modern technology at the doorstep of the end-users.

In order to evaluate the quality of export shipments of fruits, vegetables, and other perishable food items, the Ministry of Commerce (MoC) and the Civil Aviation Authority (CAA) have decided to install a state-of-the-art high-capacity scanner at Jinnah International Airport in Karachi. The development is in line with the Pakistan Fruit and Vegetable Exporters Association’s