SECP revamps regulatory framework for VPS

ISLAMABAD: Cognizant of the challenges to the growth and development of voluntary funded pension system in Pakistan, the Securities and Exchange Commission of Pakistan (SECP) has revamped the Voluntary Pension System (VPS) Rules, 2005, facilitating greater pension penetration in Pakistan. Private pension funds established under the VPS Rules are professionally managed savings-cum-investment vehicles, that enable […]

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AC postpones indictment of Pervaiz Ashraf in Karkey rental power case

ISLAMABAD: An Accountability Court (AC) Wednesday postponed the indictment of an accused in Karkey rental power project reference against former prime minister Raja Pervaiz Ashraf and others. AC-III Judge Syed Asghar Ali heard the reference filed by National Accountability Bureau (NAB). During the hearing, a co-accused Rasool Khan Mehsood filed an acquittal plea to the […]

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EU to provide assistance for promotion of SMEs in Pakistan: EU Ambassador

ISLAMABAD: Ambassador of the European Union to Pakistan Androulla Kaminara on Wednesday said the European Union (EU) will provide every possible support, including financial assistance for the promotion and development of Small and Medium Enterprises (SMEs) in Pakistan. European Union (EU) will fully support the use of modern technology and innovation to promote modern SMEs […]

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UAE Pakistan’s largest trading partner in Middle East: Fawad

ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain Wednesday said that the United Arab Emirates ( UAE) was Pakistan’s largest trading partner in the Middle East. He said this while talking to UAE Ambassador Hamad Obaid Ibrahim Al Zaabi who called on him here. The minister said that 1.6 million Pakistanis lived in UAE […]

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PAC examines NADRA audit report for year 2019-20

ISLAMABAD: Public Accounts Committee (PAC) on Wednesday examined the audit report for the year 2019-20 of National Database and Registration Authority (NADRA). The committee met here at Parliament House under the chairmanship MNA Rana Tanveer Hussain and discussed the compliance report regarding charging of Rs.25 by NADRA for issuance of vaccination certificates. Chairman NADRA Tariq […]

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Chairman NADRA calls on Minister for Maritime Affairs

ISLAMABAD: Chairman National Database and Registration Authority (NADRA) Tariq Malik on Wednesday called on Minister Maritime Affairs Ali Haider Zaidi in his office. The minister welcomed him and also discussed the issue regarding Seafarers Identity Card (SID), said a statement issued here. Chairman NADRA thanked the Minister and assured facilitation to the ministry related issues.

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Steps underway to fulfil digital Pakistan vision: Amin Ul Haque

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Amin Ul Haque Wednesday said that the government was taking steps to fulfil the digital Pakistan vision. Addressing the participants of the GSMA meeting he said that a number of initiatives are being taken for the provision of quality broadband services in the country and facilitate telecom […]

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