Category: Finance

Explore all our news . .

Recent Posts

A meeting regarding Metro bus service was held at the CDA headquarters under the chairmanship of Captain (retd) Noor ul Amin Mengal 

Islamabad, January 26, 2023 (PPI-OT):A meeting regarding Metro bus service was held at the CDA headquarters on Thursday under the chairmanship of Captain (retd) Noor ul Amin Mengal, Chairman of the Capital Development Authority. Officers of related departments including Member Engineering, Member Admin also participated. In the meeting, Chairman Capital

CDA got a lot of appreciation on the second day of the auction of plots

Islamabad, January 26, 2023 (PPI-OT):Capital Development Authority got a lot of appreciation on the second day of the auction of plots. On the second day of the auction, a large number of investors participated and intense competition was witnessed. So far 20 plots have been sold in the auction worth

CDA receives great response at plots auction

Islamabad, January 25, 2023 (PPI-OT):The Capital Development Authority received a great response on the first day of the auction of plots. On first day of the auction was attended by a large number of investors and great competition was seen. 8 plots were sold more than 22 billion 11 Crore

SECP seeks comments on draft amendments to Corporate Restructuring Companies Rules

Islamabad, January 25, 2023 (PPI-OT):In a bid to streamline investment processes for Corporate Restructuring Companies (CRCs) and provide greater flexibility for restructuring operations, the Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to the Corporate Restructuring Companies Rules, 2019. The draft amendments have been placed on SECP’s website

Verification process related to KDA land will be available through NADRA 

Karachi, January 23, 2023 (PPI-OT):Verification process related to KDA land will be available through NADRA. In this regard, a meeting was presiding by Director General KDA Syed Muhammad Ali Shah while Program Officer NADRA Sajjad Hussain, Member Finance KDA Muhammad Kashif Khan, Secretary KDA Khalid Zafar Hashmi, Director Land Muhammad

Monetary Policy Statement

Karachi, January 23, 2023 (PPI-OT):1. At today’s meeting, the Monetary Policy Committee (MPC) decided to increase the policy rate by 100 basis points to 17 percent. The committee noted that inflationary pressures are persisting and continue to be broad-based. If these remain unchecked, they could feed into higher inflation expectations

State Bank of Pakistan Suspends the Authorization of Exchange Companies Outlets

Karachi, January 23, 2023 (PPI-OT):The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorization of eleven (11) outlets of eight (08) Exchange Companies, for seven (07) to fifteen (15) days due to violations of regulatory instructions. SBP conducted mystery shopping at the outlets of exchange companies wherein