8th Annual Meeting of the World Islamic Economic Forum
Pakistan has underscored a sound framework to increase intra-state cooperation and deepen economic relations among the Muslim countries to tackle issues such as shortage of energy, food, water security and sustainable development for the people.
Govt assures full cooperation to oil, gas sector investors
Government will facilitate and extend full cooperation to investment in the country’s oil and gas sector. Dr Asim Hussain adviser to the Prime Minister on Petroleum and Natural Resources at the inaugural session of the Annual Technical Conference (ATC) said the government re-affirmed its commitment towards bridging the widening gap between demand and supply and securing a safe energy future, and announced the Petroleum Exploration and Production Policy 2012 on August 27, 2012. more... (DT)
Tracing insider trading : SECP strengthens surveillance of KSE
After successfully tracing another case of insider trading at the Karachi Stock Exchange (KSE), the Securities and Exchange Commission of Pakistan has strengthened its surveillance activities.This initiative has been taken to avoid manipulations and distortions in the trading mechanism as the stock market as it has started performing well and any such move could shake the confidence of the investors, SECP believes. more... (DT)
Development proposal for capital market : ‘Stock markets need to form consensus’
All the stock exchanges need to form consensus and come out with a joint long-term development proposal for the capital market, said former finance minister Dr Salman Shah at a meeting of representatives of all the three exchanges held at Lahore Stock Exchange on Tuesday.
US to fulfil Pakistan’s urgent defence needs
The United States agreed on Tuesday to fulfil Pakistan’s urgent defence needs in the fight against terror.“Recognising the enduring security requirements on both sides of the Afghanistan-Pakistan border, the two delegations agreed to cooperate on a prioritised set of Pakistan’s defence requirements,” a statement issued at the conclusion of a two-day meeting of the Pakistan-US Defence Consultative Group said.
Election Commission tells SC: Constitution no hurdle to delimitation
The Election Commission of Pakistan (ECP) has conceded that neither the Constitution nor the Delimitation of Constituencies Act 1974 is a hurdle in delimitation of constituencies in Karachi.The admission is contained in the Nov 26 interim order of a five-judge bench of the Supreme Court on the Karachi law and order case released to the media on Tuesday.