Tag Archives: Policy

  The industry views it as a balanced policy with certain reservations The approval of auto policy 2016-21 by the Economic Coordination Committee (ECC) is aimed at removing uncertainty with regards to future duty structure and investment incentives in the automobile sector of Pakistan. In this regard, the Chief Operating Officer (COO) Indus Motor Company, Mr. Ali Asghar Jamali while reviewing the Auto Policy 2016-2021 approved said that Automotive Development …

  Finance Minister Muhammad Ishaq Dar has done well in bringing about a consensus prior to presentation and approval of Automotive Industry Development Policy (AIDP) for the next five years. The future will determine whether the new policy will help attract new investment to the automobile and auto-parts industry as the auto assembly is said to be the backbone of engineering industry in a country. The existing auto assemblers want …

  Country wins global recognition in online banking policy initiatives and businesses Branchless banking regulation was first introduced in Pakistan in April 2008. From the start, State Bank of Pakistan (SBP) has taken a positive regulatory approach by providing clear cut guidance and adjusting regulation where necessary. Pakistan has now firmly established the regulatory environment and supporting institutional framework to extend the field of branchless banking. A variety of business …

  Provides a vital cushion to foreign exchange and money market stability The home remittances by overseas Pakistanis have become a considerable source of external flows, which have provided the much needed cushion to foreign exchange as well as money market as both money and foreign exchange markets exhibited relative tranquility in Pakistan. While talking to PAGE, Sirajuddin Aziz, President and CEO Habib Metro said that Pakistani banks and other …