Daily Archives: March 3, 2017
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered 854 companies in February 2017.
The number of companies registered with SECP during February 2017 has exhibited a remarkable growth of 71 percent over the corresponding month of the last year, said a statement on Friday.
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has asked Financial Monitoring Unit (FMU) to initiate action under Anti-Money Laundering Act, 2010 against stock broker, who was found involved in financial fraud.
Profitability of banking sector may come under pressure on lower interest rate, easing government borrowing
KARACHI: State Bank of Pakistan (SBP) on Friday said that profitability of the banking sector may come under pressure during first quarter of calendar year 2017 due to low interest rate and receding investments in government securities.
ISLAMABAD: Federal Board of Revenue (FBR) on Friday decided to operationalize Integrity and Performance Management Unit (IPMU) to combat corruption and to ensure the integrity of officials and employees of the board.
ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified major reshuffle of senior customs officers and transferred and posted 27 officers of BS-19-20 in Pakistan Customs Service (PCS) with immediate effect.
KARACHI: A person holding a benami property is restrained from transferring it to the beneficial owner if a proceeding has been initiated by authorities under Benami Transactions (Prohibition) Act, 2017.