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Wednesday, September 23, 2020

ECC meeting held to discuss important Government spendings

The press release on Wednesday announced the details of the meeting held by ECC. The Economic Coordination Committee held a meeting at the cabinet...

3.7% fall in allocation for Annual Development Programme in Budget 2020-21

The Punjab Government on Monday announced the allocation of Rs. 337 Bn to Annual Development Programme. With comparison to last year’s budget, a decrease...

UBL appointed Mr Shahzad G.Dada as President & CEO

The Board of Directors of United Bank Limited (UBL) meeting was held on 06 May 2020 in which the company has decided to appoint...

Monetary policy: SBP cuts interest rate by 200BPS to 9%

KARACHI: In yet another emergency meeting, the State Bank of Pakistan has slashed the interest rate by a significant 200 basis points to 9%...

Sazgar – BAIC all set to showcase vehicles in Pakistan International Auto Show (PAPS)

Sazgar Engineering Works Limited (SAZEW) is all set to participate in Pakistan International Auto Show 2020 starting from 21st February. Sazgar has collaborated with BAIC, which is the Chinese state-owned Beijing...

Central Bank to Announce Monetary Policy on January 28, 2020

Governor of the State Bank of Pakistan Reza Baqir, said in a news conference in Karachi, that the policy rate will be announced on...

PTI govt to present annual budget in May instead of June

The Federal government has decided to present the budget for the fiscal year 2020-21 in the parliament in May instead of June. The Ministry of...

AVN completes a major DCS migration project

In a recent notification to the Pakistan Stock Exchange, Avanceon Limited (PSX:AVN) has successfully completed a distributed Control System (DCS) migration project at a...

Forex Reserves Increased to USD 18.123 Billion

The foreign exchange reserves held by the country stood at $18.123 billion, compared with $18.084 billion in the previous week, the central bank reported...
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SECP make draft amendments to regulations pertaining to Broker Regime

The Securities and Exchange Commission of Pakistan (SECP) has proposed to make amendments to the following regulations pertaining to the broker regime for eliciting...
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