Deposit Protection Corporation becomes a member of International Association of Deposit Insurers

Karachi, February 15, 2019 (PPI-OT): The Secretariat of International Association of Deposit Insurers (IADI) announced on February 11, 2019 that its Executive Council has decided to admit Deposit Protection Corporation (DPC), State Bank of Pakistan as IADI Member. DPC is …

More Rain/Snow predicted in the country during the coming week

Islamabad, February 15, 2019 (PPI-OT): Met office informed that a strong rain bearing system is likely to enter in the country on Sunday (evening/night) and is likely to persist till Friday.

In the initial phase Rain with snowfall over the …

High Commissioner calls on Minister of State for the Commonwealth and the UN, Lord Tariq Ahmad of Wimbledon

London, February 15, 2019 (PPI-OT): High Commissioner Mohammad Nafees Zakaria, called on the Minister of State for the Commonwealth and the UN, Lord Tariq Ahmad of Wimbledon, at the Foreign and Commonwealth Office (FCO), London. The High Commissioner discussed the …

Corneal transplantation begins in Spencer Eye Hospital

Karachi, February 15, 2019 (PPI-OT): Corneal transplantation and Laser-Assisted Cataract Surgery (feeko emulsification) being resumed in the Karachi Metropolitan Corporation’s Spencer Eye Hospital from today as four corneas brought from Sri Lanka will be transplanted in four patients in the …

Polio eradication campaign in Karachi; 18-26 February 2019

Karachi, February 15, 2019 (PPI-OT): Chief Secretary Sindh Syed Mumtaz Ali Shah has emphasized upon strong coordinated efforts for eradication of Polio, completely. He was presiding acquaint with the preparations for next polio eradication campaign to be commenced in Karachi …

Polio eradication campaign in Karachi; 18-26 February 2019

Karachi, February 15, 2019 (PPI-OT): Chief Secretary Sindh Syed Mumtaz Ali Shah has emphasized upon strong coordinated efforts for eradication of Polio, completely. He was presiding acquaint with the preparations for next polio eradication campaign to be commenced in Karachi …

Governor creating hurdles in way of legislation: Barrister Murtaza Wahab

Karachi, February 15, 2019 (PPI-OT): Advisor to Chief Minister Sindh for Information, Law and Anticorruption Barrister Murtaza Wahab has said that preparing policies for province was not Sindh governor’s responsibility. Governor Sindh is creating hurdles in the way of legislation …

SECP defers applicability of IFRS 9

Islamabad, February 15, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has deferred the applicability of the International Financial Reporting Standard (IFRS) 9 “Financial Instruments” for all companies required to prepare their financial statements in accordance with the …

Advance Tax collection meant to facilitate taxpayers: FBR

Islamabad, February 15, 2019 (PPI-OT): Federal Board of Revenue (FBR) has clarified certain media reports appearing in a section of the press claiming “advance taxes give artificial boost to revenue collection”. In a statement issued today, FBR has termed the …

Improved peace, security situation calls for more investment, close linkages to pace up development agenda: Sadiq Sanjrani

Islamabad, February 15, 2019 (PPI-OT): Chairman Senate Muhammad Sadiq Sanjrani has said that improved peace and security situation in Pakistan now underpins conducive environment for investment and foreign investors can benefit from the new emerging realities to invest in different …