Friday, February 3
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Tag: Principal Information Officer

Minister: (Govt to play role for welfare of journalists, protect their rights: Info Minister)

Islamabad
Islamabad:Information Minister Senator Syed Shibli Faraz has said the government believes in freedom of expression and ready to play a role for the welfare of journalists and protect their rights. Talking with President National Press Club Shakeel Anjum here on Wednesday, he said journalistic organizations should also play an effective role in resolving salary issues of media workers. He stressed the need for improvement in the membership process of unions of journalists, to encourage working journalists and welfare of media workers as well as resolving their issues. Principal Information Officer Shaheera Shahid was also present in the meeting.

Pakistan-Italy JEC meeting held

Business, General Business News
Islamabad, January 31, 2018 (PPI-OT):The 3rd session of Pak-Italy JEC was hosted by Ministry of Economic Development, Italy in ICE Headquarters at Rome on 29-30 January 2018. The Pakistan delegation was led by Rana Muhammad Afzal Khan, Minister of State for Finance while the Italian delegation was headed by Ivan Scalfarotto, Deputy Minister, Italian Ministry of Economic Development. The two sides reviewed the economic situation in both countries and discussed areas of bilateral economic cooperation. Views were exchanged on the current economic conditions and prospects of enhancing bilateral commercial and investment relationship. While noting that there was an increase in bilateral trade during the past year, the two sides agreed that the current level of bilateral trade and investment did...

SME Bank to Get Rs. 6 Billion Injection upon Successful Privatisation

Business, General Business News
Islamabad, January 31, 2018 (PPI-OT): The Minister for Privatisation Daniyal Aziz has approved the opening of data room for buy-side diligence of SME Bank Limited, as the Privatisation Commission (PC) continues to proceed ahead with the privatisation of SME Bank Limited, while inviting qualified potential bidders to conduct due diligence of SME Bank Limited, aiming to conclude the privatisation process during the current fiscal year. SME Bank has been incurring continuous losses (net loss after tax) since 2010, resulting in total unappropriated losses of ~Rs. 2.7 billion, while continuing to remain exempted from the Minimum Capital Requirement prescribed by the State Bank of Pakistan. In response to PC’s invitation for acquisition of majority shareholding of SME Bank Limited, five parties ...

SME Bank to Get Rs. 6 Billion Injection upon Successful Privatisation

Business, General Business News
Islamabad, January 30, 2018 (PPI-OT): The Minister for Privatisation Daniyal Aziz has approved the opening of data room for buy-side diligence of SME Bank Limited, as the Privatisation Commission (PC) continues to proceed ahead with the privatisation of SME Bank Limited, while inviting qualified potential bidders to conduct due diligence of SME Bank Limited, aiming to conclude the privatisation process during the current fiscal year. SME Bank has been incurring continuous losses (net loss after tax) since 2010, resulting in total unappropriated losses of ~Rs. 2.7 billion, while continuing to remain exempted from the Minimum Capital Requirement prescribed by the State Bank of Pakistan. In response to PC’s invitation for acquisition of majority shareholding of SME Bank Limited, five parties...