General

Pakistan allocates 149 mln USD for general elections 2023

The Economic Coordination Committee (ECC) of Pakistan approved a request of the Election Commission of Pakistan (ECP) to allocate funds of 42.528 billion rupees (over 149 million U.S. dollars) for the forthcoming general elections, the finance ministry…

General

Pakistan seeks to enhance IT exports, investments for national growth: PM

Pakistani Prime Minister Shahbaz Sharif said that the incumbent government has been making all-out efforts to enhance information technology (IT) exports and investments in the coming years for national growth.”Pakistan is rich with immense youth poten…

Economy

SECP Directs Public Companies to Avoid Insider Trading of Unpublished Price-Sensitive Information

The Securities and Exchange Commission of Pakistan (SECP) has directed directors, senior management, and other employees of publicly listed and public sector companies to avoid “Insider Trading” of unpublished price-sensitive information.According to …

Economy

PTCL Exploring Investment Opportunity in Microfinance Sector

The Pakistan Telecommunication Company Limited (PTCL) announced on Friday that it is set to explore potential investment opportunity in the microfinance sector.“The Board of Directors of Pakistan Telecommunication Company Limited (the “PTCL/Company”) …

Economy

Punjab Allocates Rs. 2.3 Billion for New Cars for Senior Bureaucrats

The Board of Revenue, Punjab, has earmarked more than Rs. 2.3 billion for the purchase of new cars for commissioners across the province.According to an official notification, the board demanded new cars for additional commissioners of each division, …

General

Punjab Restaurants and Hotels Ordered to List Nutrition Information on Food Items

Punjab Food Authority has ordered all restaurants and hotels to mention nutrition information on food items.The provincial regulator has implemented Front-of-Pack Labelling (FOPL) which will encompass all pre-packaged food items with calorie/energy, s…