SBP launches automated data reporting portal ‘SME financing’

KARACHI: State Bank of Pakistan has launched a data reporting portal, ‘SME financing’, on its Data Acquisition Portal (DAP) in order to automate the monthly reporting of SME financing data. A circular by SBP’s Infrastructure, Housing & SME Finance Department (IH&SMEFD) issued to all Banks and development finance institutions (DFIs) on Tuesday also allows submission […]

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Fesco issues power shutdown programme

FAISALABAD: Faisalabad Electric Supply Company (Fesco) has issued shutdown programme for Wednesday due to necessary repair, maintenance and expansion of electricity lines. According to the programme issued by the company, power supply from Falko Textile, new Iqbal Colony, Sammundri Road, Samanabad, Amin Abad, Four Seasons, Korian Road, Nawabanwala and Dasoha feeders emanating from 132-kV Sammundri […]

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NA approves 48 demands for grants worth Rs943.161 bln

ISLAMABAD: The National Assembly on Tuesday approved 48 demands for grants worth over Rs 943.161 billion after voice voting in the House, rejecting the all cut motions moved by opposition parties on them. Minister of State for Finance and Revenue Dr Aisha Ghaus Pasha presented these demands for grants one-by-one, which were passed with the […]

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Zamrak Khan lauds role of BFA for curbing substandard food suppliers

QUETTA: Balochistan Minister for Food and Chairman of BFA Zamrak Khan Achakzai on Tuesday chaired the seventh meeting of the Balochistan Food Authority (Board) at BFA Head Office Quetta. The meeting was attended by Member of Provincial Assembly (MPA) Nasrullah Zeray Secretary Food Ayaz Mandokhel, Secretary Livestock and Dairy Development Irshad Hussain Bugti, Director General […]

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CCP recommends businesses marketing products to “show what you sell, say what you mean”

ISLAMABAD: The Chairperson, Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan, Tuesday said that deceptive marketing practices have a direct impact on consumers and the competitors of the businesses, therefore while marketing their products, businesses must be truthful. She recommended businesses to, “Show what you sell and say what you mean, ” which can make […]

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16 shopkeepers fined over violations

MUZAFFARGARH: District administration fined 16 shopkeepers over violations of government order regarding closing time of 9 pm on Tuesday. In line with special directives of Deputy Commissioner (DC) Ali Anan Qamar, the Assistant Commissioner Jameel Haider visited different markets and found sixteen shopkeepers involved in violating government order by continuing business after 9 pm. The […]

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