| 2020 | January | 6

  • SECP Introduces Professional Clearing Member Regulations 2020

    The Securities and Exchange Commission of Pakistan (SECP) has issued draft Professional Clearing Members (PCM) Regulations 2020 for public consultation. Professional clearing members denotes the concept of a third party independent institution, which will offer custodial and clearing/settlement services to securities brokers and their customers. PCM can be a financial institution, such as a commercial…

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  • Pakistan’s Security Situation Has Improved For Businesses: OICCI Survey

    Foreign investors doing businesses or making investments in Pakistan have appreciated the performance of law enforcement agencies (LEAs) in the main business centers of the country –Karachi and Lahore– for raising their security satisfaction profile and bringing them at par with other megacities in the region. Commenting on the survey findings, Haroon Rashid, President Overseas…

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  • Only 15% of Pakistanis Have Moved to Digital Payments: Survey

    Despite the closure of brick and mortar stores, only 15% of consumers have moved to digital payments in Pakistan. COVID-19 has fundamentally changed the way people live their life with people concerned about the impact of COVID-19 on their health and the economic situation. Most consumers are worried, as most of them have never witnessed…

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  • IsDB will provide $60m to Pakistan for Polio Eradication Program

    Islamic Development Bank (IsDB) will provide sixty million dollars to Pakistan for Polio Eradication Program. The new financing was approved by the Bank during a virtual meeting of Board of Executive Directors in Jeddah. The statement issued after the meeting said there is still much work to do to end transmission of poliovirus in Pakistan…

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  • Rice worth $ 2.024bn exported in 11 months of FY 2019-20

    Rice exports from the country during 11 months of fiscal year 2019-20 increased 5.05 percent as compared the exports of the corresponding period of last year. According the data of Pakistan Bureau of Statistics, during the period from July-May, 2019-20 Pakistan earned 2.024 billion dollars by exporting over 3.893 million tons of rice. During 11…

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Yes, it is true that the Business Observer does what its name reveals, means covering the news from all the industries, which are putting their efforts into accelerating the economy of Pakistan. The website is the trustworthy business news website and its name is taken among those business websites of Pakistan.

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