Pakistan Media Network

Latest & Trendy News All Around Pakistan

Day: August 25, 2023

Arts

Pakistani films gain global recognition, but at what cost?

Strict censorship policies and conservative sections of society are some of the hindrances that don’t allow Pakistani filmmakers to express themselves with creative freedom. But change is taking place, albeit almost unnoticed.In 2012, filmmaker Sharme…

Market

BankIslami Becomes Subsidary of JS Bank

JS Bank announced on Friday that it has completed the acquisition of majority voting shares and control of BankIslami Pakistan Limited. (BIPL)In a notice to the Pakistan Stock Exchange (PSX), the bank said that the acquisition has successfully been co…

General

FBR Starts Registration Process for Customs Auctioneers

The Federal Board of Revenue (FBR) has started the registration process for Customs Auctioneers.In an announcement on Friday, FBR invited applications for registration as Auctioneer as given under Rules 50 and 51 of Customs Rules, 2001 Notified vide S…

General

SSGC to Shut Down Gas Supply to Most of Karachi for Up to 72 Hours

Due to a critical shortage of natural gas in Karachi, Sui Southern Gas Company (SSGC) has decided to shut down gas supply to CNG stations for 72 hours and industries for 48 hours.According to the spokesperson of SSGC, gas supply to all CNG stations in…

General

Pakistan Likely to Face IMF’s Anger Over Delaying Gas Tariff Hike

The International Monetary Fund (IMF) will likely raise questions over the government’s decision to delay notifying the increase in gas tariff determined by the Oil and Gas Regulatory Authority (OGRA) back in June.With the lender’s upcoming review und…

General

SECP Issues First Certificate of Shariah Compliance

The Securities and Exchange Commission of Pakistan (SECP) has issued the first-ever certificate of Shariah compliance to two Estate Investment Trusts (REITs), namely Signature Residency REIT and Rahat Residency REIT.Earlier this year, in pursuance of …

General

Caretaker Sindh CM invites Chinese firms to invest in various sectors

Newly appointed Chinese Consul General Yang Yundong called on caretaker Sindh chief Minister Justice (Retired) Maqbool Baqar in Karachi on Friday.Bilateral relations and CPEC projects were discussed during the meeting.Justice Retired Maqbool Baqar inv…

General

Caretaker govt committed to resolve issues of Karachi: Anwaar-ul-Haq Kakar

Caretaker Prime Minister Anwar-ul-Haq Kakar says the federal and provincial governments will fully cooperate with the local administration of Karachi for a sustainable solution to the problems of metropolitan.He was talking to Mayor Karachi Murtaza Wa…