Pakistan News

    Romania Visit Visa Requirements From Pakistan

  • Zardari urges US to look beyond 'checklist of requirements' for cooperation with Pakistan

    ISLAMABAD: As ties between Pakistan and the United States (US) come under stress in the wake of a fallout over funding for F-16 fighter jets, former president and PPP Co-Chairman Asif Ali Zardari on Tuesday called on the US to assure Pakistan of commitment to its security needs...

    Zardari urged the US to "look beyond its checklist of requirements for cooperation on our security needs and instead think strategically about how it can...

  • Regulatory requirements for AMCs, modarabas

    ISLAMABAD: Pakistan Stock Exchange, National Clearing Company Ltd and Central Depository Company (CDC) were being provided with drop boxes to facilitate investors in lodging complaints with the Securities and Exchange Commission of Pakistan (SECP)...

    Meanwhile, the SECP has also introduced standardised regulatory requirements for branches of asset management companies (AMCs), investment banks, leasing companies and modarabas to...

  • Australia tightens English requirements for foreign students

    Australia is tightening English language requirements for foreign students in, what it said on Thursday, is a bid to improve standards across the country's Aus$28 billion international education market...

    Some 16 per cent of the country's international enrollments are for pre-studies language courses, according to July figures from the education department...

  • Indian national Uzma will not be repatriated until legal requirements are completed: FO

    The Foreign Office (FO) on Tuesday said that Uzma, an Indian woman who came to Pakistan to marry a man from Buner and went ‘missing’ last week, will be repatriated only after all legal requirements are completed...

    FO Spokesperson Nafees Zakaria told DawnNews that Uzma's case is currently being heard in court and she will only be able to return once all legal requirements are complete...

  • SBP formulates products disclosure requirements

    KARACHI: The State Bank has formulated product disclosure requirements (PDRs) for all types of personal, housing and auto finance products which will help consumers to make informed decisions and enhance their confidence in financial products...

    Banks and micro finance banks (MFBs) are required to invariably provide an upfront ‘product key fact statement’ (PKFS) to their prospective customers from Jan 1, 2017...

  • China eases bank lending requirements

    BEIJING: China on Friday loosened the means for calculating the reserve requirement ratios of banks, the state news agency Xinhua reported, effectively increasing the amount of money banks can lend...

    The move does not amount to a formal cut in the reserve requirement ratio (RRR), but will allow banks to undershoot it by as much as one percent on a daily basis as long as they meet the requirement on average
  • Silk Bank moves to meet capital requirements

    The book-closure period started from last Monday and will last till July 20...

    44 per share from the par value of Rs10, representing the general problems facing some smaller banks as they try to raise additional capital from the market to comply with central bank and Basel III regulations regarding minimum capital requirement (MCR) and the capital adequacy ratio (CAR)...

  • State Bank widens Islamic banks' benchmark requirements

    The State Bank of Pakistan (SBP) has amended its regulations to exempt Islamic banks from using interest-based benchmarks for some of their financing products, the latest government step aimed at boosting Islamic finance...

    Under the new directive, banks must ensure compliance with sharia standards issued by the Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions, and must receive a sign-off from...

  • Mobilink says it has met requirements for merger with Warid

    The secretary general of the All Pakistan Telecom Franchises Association, Naeemul Haq, told the committee that Mobilink discriminated against Warid franchises by retaining the vast majority of Mobilink franchises...

    It is offering settlement terms that are blatantly illegal, unfair and divorced from market terms...

  • NAB bypassed procedural requirements to file reference against Nawaz: IO

    ISLAMABAD: The in­v­estigation officer (IO) in the Avenfield properties reference admitted before the accountability court on Friday that due to the Supreme Court order, the National Accountability Bureau (NAB) had bypassed procedural requirements for filing the reference against former prime minister Nawaz Sharif...

    When lead defence counsel Khawaja Haris asked if the IO had collected any material from any department during the...

  • NSC briefed on measures to meet FATF requirements

    Finance Minister Shamshad Akhtar gave a detailed presentation to the committee about the upcoming meeting of the Financial Action Task Force (FATF) in Paris and the measures, both administrative and legal, taken so far by the country to meet FATF requirements, a press release from the Prime Minister's Office said...

    Participants of the meeting expressed satisfaction over steps taken so far to fulfill FATF's requirements...

  • Industry slams quarantine requirements for raw hide

    KARACHI: The Pakistan Leather Garments Manufacturers and Exporters Association (Plgmea) has urged the government to withdraw quarantine requirements for imported raw hide and skin...

    Under the said SRO, quarantine requirements were imposed on imports of basic raw material for leather industry such as raw hides and skins of goat, sheep, lamb, cow and buffalo...

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