Pak-Iran Customs ink MoU on electronic exchange of data
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Pak-Iran Customs ink MoU on electronic exchange of data

ISLAMABAD, Monday, February 10, 2020 (WNP): Federal Board of Revenue (FBR) Monday signed a memorandum of understanding (MoU) on Electronic Exchange of Data with Iran Customs. The signing Cermony was chaired by FBR Member (Customs-Policy/Operation) Muhammad Javed Ghani and subsequently presided over by Acting Chairperson Nausheen Javaid Amjad. Background of the achievement of this milestone […]

Stable outlook for Pakistan banks on robust funding, strong government links: Moody's
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Stable outlook for Pakistan banks on robust funding, strong government links: Moody’s

LIMASSOL, Thursday, February 06, 2020 (WNP): Moody’s Investors Services on Thursday announced a “stable outlook” for Pakistan’s banking system over the next 12-18 months underpinned by “robust funding and liquidity and close links with the sovereign”. In a press release, the agency said in terms of the operating environment, economic activity in Pakistan would also be […]

Pakistan may be Asia's next big tech startup market,
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Pakistan fastest-growing economies in Asia for tech startups: Report

BERLIN, Thursday, January 30, 2020 (DW/WNP): Pakistan may be Asia’s next big tech startup market, according to a report published by Germany’s Deutsche Welle on Wednesday. According to DW, Pakistan’s young population and increasing levels of local capital are creating opportunities for tech entrepreneurs to explore the country’s market. Pakistan has been named one of the fastest-growing economies in […]

pm forms investigative body on wheat controversy
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PM forms investigative body on wheat controversy

ISLAMABAD, Wednesday, January 22, 2020 (WNP): Prime Minister Imran Khan has formed a committee to investigate the wheat shortage that has gripped the country in recent days. According to the notification that surfaced in the media on Wednesday, the four-member committee will be headed by the Federal Investigation Agency Director-General, a representative of the Intelligence […]

duty free wheat import approved to meet ongoing crisis
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Duty-free wheat import approved to meet ongoing flour crisis

ISLAMABAD, Monday, January 20, 20202 (WNP): The Economic Coordination Committee (ECC) on Monday approved the import of 0.3 million tonnes of wheat without regulatory duty amid an unprecedented price hike and country-wide shortage during the past few days. Chaired by Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh, the committee has allowed […]

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SECP launches startup portal

ISLAMABAD, Nov 05 (WNP): Securities and Exchange Commission of Pakistan (SECP) has launched an exclusive startup portal to encourage technology innovation in Pakistan. Speaking at the “Startup Grind Pakistan” conference in Islamabad on Tuesday, SECP Commissioner for Information System and Technology Shauzeb Ali inaugurated the portal. It features list of startups, simplified user experience for […]

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Shutter down strike to continue on 2nd consecutive day; Govt expects to reach breakthrough on Wednesday

ISLAMABAD, Oct 30 (WNP): Despite mediatory role played by Jehangir Khan Tareen, the deadlock between the government and traders persisted as the five-hour-long negotiations failed to achieve any breakthrough. After holding parleys with Adviser to PM on Finance Dr Abdul Hafeez Shaikh and FBR Chairman Shabbar Zaidi here at the Ministry of Finance, All Pakistan […]

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Pakistan Banao Certificate: Govt collects $30m from Pak expats

ISLAMABAD, Sept 3 (WNP): After receiving lukewarm response on two major initiatives for raising funds, total collected amount of Rs10.9 billion through Prime Minister and Chief Justice of Pakistan Fund for Diamer-Bhasha and Mohmand dams has been invested into treasury bills (TBs) for earning around 14 percent mark-up. With regard to second initiative in shape […]