Lahore: Governor of Punjab Chaudhry Muhammad Sarwar has awarded United International Group (UIG) for outstanding Corporate Social Responsibility (CSR) services. The award distribution ceremony was held at a Royal Palm Golf and Country Club, Lahore during which the Governor lauded UIG for its services to humanity and for promoting Islamic Insurance Model. He asked ... Read More »
Islamabad: Receding oil prices has facilitated Pakistan to abide by the IMF conditions while providing relief to masses, an industry expert said Tuesday. Pakistan needs to improve pace of privatisation and other economic reforms to gain confidence of investors and lenders, said Mian Shahid, Chairman United International Group. While inaugurating ... Read More »
Lahore: Some simple steps can unlock the Small and Medium Enterprises (SMEs) potential making Pakistan a developed nation, an industry expert said Friday. SME sector can be improved through government support, research, innovation, development of export industry and entrepreneurial relationships, said Mian Shahid. Speaking at a seminar, he said that ... Read More »
Lahore: Lack of investment opportunities are hampering profitability and growth of Islamic banking in Pakistan which needs urgent steps by policymakers, an industry expert said Monday. Lack of investment opportunities is seen as a stumbling block by many as the Islamic banks cannot and should not invest in non-Shariah compliant ... Read More »
Lahore: Government is taking meaningful steps to promote Islamic finance which will soon transform Pakistan as a world leader in this sector, an industry expert said Sunday. Currently Pakistan ranks ninth globally terms of development of the Islamic financial services industry but some recent purposeful steps would prove to be ... Read More »
Lahore: Current concept and practice of the insurance has hindered growth of this sector that can indeed lay foundation of a welfare society. Problem is with the methodology; and not the concept itself. Takaful is the way that can unleash vastly untapped potential of insurance which is basically a collective risk ... Read More »
Lahore: Fears associated with the parliamentary elections have increased need for risk coverage through insurance, a leading business leader said Friday. Insurance industry should educate business community to take adequate measures to protect themselves and their business from any potential security and investment danger after the elections, said Mian Shahid, ... Read More »
Lahore: Business community is pinning high hopes on caretaker government and the Election Commission as their decisions are resulting in stability, a business leader said Tuesday. Rupee is showing signs of stability against the dollar despite repayments to IMF which has not only amazed many analysts but also renewed hopes ... Read More »
Lahore: Better trade relations between Pakistan and India are the surest and fastest way to improve South Asian economic and political environment, a business leader said Tuesday. South Asia is one of the least integrated regions with intra-regional trade accounting for almost five per cent which has kept tens of ... Read More »
Islamabad: Chairman of the Apna Microfinance Bank Limited (AMBL) Mian Shahid on Sunday said that Small and Medium Enterprises (SMEs) will be given preference in provision of credit. He said that he will try best to ensure the uninterrupted flow of finances to the critical SME sector without which economy ... Read More »
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