Insurance companies' privatisation: commerce ministry protests against being ignored
Commerce Ministry has reportedly protested against Privatisation Commission's (PC) failure to take it on board over proposed divestment plan of insurance companies during a recent meeting of Cabinet Committee on Privatisation (CCoP), official sources told Business Recorder more...
Committee agrees to phase out CFS Mk-II product from bourses
The committee on CFS agreed to phase out the CFS Mk-II product from the local bourses, it is reliably learnt. The high-level committee constituted by Securities and Exchange Commission of Pakistan (SECP) met here on Saturday and reviewed the CFS Mk-II in its entirety including risk management, eligible securities and margin requirement more... (BR)
Hydel power generation: Pakistan and China ink agreement
Pakistan and China on Sunday signed an agreement here for co-operation in hydel power generation. Chairman Wapda Shakeel Durrani and President of China Three Gorges Project Corporation Li Yong'an signed the agreement which was also witnessed by President Asif Ali Zardari. Under the agreement, China will provide technical assistance to Pakistan in the field of hydel power generation more... (BR)