Pakistan News

    Issuance Of Right Shares In Pakistan

  • BoP to issue right shares

    The cash the Bank of Punjab will raise from its latest issue of right shares of slightly more than Rs13bn — its third since 2013...

    50bn was not subjected to the State Bank of Pakistan’s prudential regulations criteria and the bank was allowed to stagger it in view of the relaxation provided by the regulator, on the basis of the two Letters of Comfort (LoCs) issued by the Punjab government, to inject necessary funds in order to make...

  • UN aviation agency advises Pakistan to suspend issuance of new pilot licences

    The International Civil Aviation Organization (ICAO) has advised Pakistan to undertake “immediate corrective actions” and suspend the issuance of any new pilot licences in the wake of a scandal over falsified licenses, according to an official and a document seen by Reuters...

    Read: Credibility crisis hits PIA, CAA over ‘dubious licences’ of pilots“Pakistan should improve and strengthen its licencing system to ensure that it takes...

  • ‘Mughals were at the right place at the right time’

    So the Mughals were at the right place at the right time, he explained...

    Unlike Europe’s primogeniture right (the firstborn male child to inherit the family estate) in the Mughal Empire every son, whether born to an Iranian mother of good lineage or a slave girl, had an equal right to the throne...

  • Right to life supersedes right to protest: SAPM Awan

    Special Assistant to the Prime Minister (SAPM) on Information and Broadcasting Firdous Ashiq Awan has said that the people's right to life supersedes the opposition's right to protest and the government will take action against the participants of the Jamiat Ulema-i-Islam-Fazal (JUI-F) march if the rights of people are jeopardised...

    JUI-F chief Fazlur Rehman has said the 'Azadi March' caravan would enter Islamabad on October 31 and...

  • Siraj urges smooth issuance of CNICs in Balochistan

    At every visit, new conditions are being made for the issuance of new CNICs and even the issuance of the cards of aged people and women takes months, sometimes years...

    The JI chief called upon the government to give representation to all the “nationalities” in the local committees for the issuance of local certificates in Balochistan and stressed that the “a state within the state should be abolished”...

  • PMA hails issuance of Indian medical visa to Pakistani child

    KARACHI: The Pakistan Medical Association appreciated the Indian government for issuing medical and neonatal visa to an ailing Pakistani boy...

    The Indian government had imposed unannounced ban on issuance of medical visas to Pakistani citizens, which chiefly affected those who had got approval from hospitals in Chennai and Delhi and were about to take their ailing children across the border...

  • Few firms opt for Sukuk issuance, finds survey

    ISLAMABAD: A survey conducted by the Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange (PSX) shows that listed companies lack awareness regarding issuance of Sukuk — Islamic bonds — for raising capital...

    The first of its kind survey was conducted online via email from May 16 to June 14 2017, on the issuance of Sukuk by the SECP with the collaboration of PSX to identify the issues facing listed...

  • Issuance of passport to transgender activist welcomed

    Jan, who is president of the charity Trans Action Pakistan, said the introduction of the X classification — along with M for Male and F for Female — was a significant step in the community’s fight for legal recognition...

    “Men and women both have been given their identity, but we were deprived of this right...

  • SC upholds petition seeking ban on houbara hunting, issuance of permits, licences

    ISLAMABAD: The Supreme Court (SC) on Wednesday upheld a petition seeking a ban on the issuance of permits and licences for the hunting of endangered birds and also ordered the cancellation of all existing permits in this regard...

    The petition recalled that Pakistan had imposed a permanent ban on the hunting of houbara bustards under the Third Schedule of the Pakistan Wildlife Ordinance 1971, after declaring the species a protected...

  • China resents delay in issuance of fishing licences

    KARACHI: Resenting the delay in issuance of fishing licences, the Chinese Consu­late General in Karachi has reminded the Marine Fishe­ries Department (MFD) of six Chinese deep sea fishing trawlers arrival late last year...

    Commercial Counsellor Wang Zhihua commended the support extended to China-Pakistan fishery cooperation project wherein 14 stern trawlers were issued letter of intent (LoI) last year...

  • Govt decides to lift ban on issuance of arms licences

    ISLAMABAD: The government has decided to lift more than three-year-old ban on the issuance of prohibited and non-prohibited arms licences...

    The government has also desired for uniformity in the issuance of arms and driving licences by it and provincial governments and decided that a centralised monitoring system will be evolved under which record of all arms licences to be issued by federal and provincial authorities will be...

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