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Banks to implement digital portals Business March 17, 2021 KARACHI: The State Bank of Pakistan (SBP) has advised all banks to implement digital portals for end-to-end digitalisation of case submission and processing, a statement said on Tuesday. This move aims to facilitate the business community in Pakistan, promote ease of doing business, enhance operational efficiency and make processing of foreign exchange (FX) related cases cost effective and environment friendly. In the first leg of its end-to-end digitalisation drive, the SBP launched an online platform - Regulatory Approval System (RAS) to facilitate banks in online submission of FX-related cases to the Exchange Policy Department (EPD) of SBP and the Foreign Exchange Operations Department (FEOD) of the SBP Banking Service Corporation (SBP BSC). The SBP-RAS has been operational since March 24, 2020 whereby banks are submitting their cases online to FEOD and manual case submission has been discontinued. ....
Want to learn the history of maple syrup making? Itâs all on view in Croghan, New York, home of the International Maple Museum Centre. In typical years, about 600 people visit the museum to experience maple sugaringâs sweet past and see how it is made in current times. âWe want to promote the maple industry â past, present and future â to the public,â said John Altmire, who has served as the museumâs administrator since July 2019. âI really like the maple industry and I grew up with it my whole life,â he said. âMy family had a small maple operation.â ....
IIU to implement new strategic plan Islamabad March 13, 2021 Islamabad : The International Islamic University (IIU) is on the track of progress through reforms and will implement new strategic plan soon. This was stated by IIU President Dr. Hathal Homoud Alotaibi while chairing a special ceremony held on the university s new campus here to recognise the services of former vice-presidents, deans and director generals of the university. The event was attended by professors, deans, DGs and other relevant staff members of the university. The IIU president said the ceremony was an omen of thanks for the untiring services of all of the officials who showed a remarkable caliber during their tenure on the important positions in the university. ....
Polish competition authority has allowed Linas Agro Group to implement concentration by acquiring KG Group The Office of Competition and Consumer Protection of Poland has adopted a resolution allowing Linas Agro Group to implement the concentration and acquire the companies belonging to KG Group. Authorizations for concentrations have already been obtained by Linas Agro Group from the Latvian and Estonian competition authorities. The decision of the Lithuanian and Russian competition authorities on the implementation of the concentration is currently awaited. AB Linas Agro Group has signed share purchase agreements for acquisition of controlling stakes in AB Kauno Grudai, AB Kaišiadoriu Paukštynas, AB Vilniaus Paukštynas and related companies on October 1, 2020. ....
(1) Montreal, Quebec (Newsfile Corp. - March 9, 2021) - Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ( Peak or the Company ), an innovative Fintech service provider to the Chinese commercial lending sector, today announced that is has signed an agreement with Qiyuesuo, China s leading digital document signing service provider, that will allow members of its Lending Hub ecosystem to digitally sign legally binding agreements with one another. Ever since its re-launch late in the third quarter of 2020, Peak s Gold River platform has seen an increasing amount of activity. The platform has become particularly popular with supply-chain businesses, from restaurants and retailers to factories and raw material suppliers, serving as a gateway to the Lending Hub where orders they place through Gold River can qualify for financing from the Hub s financial institution partners. In some cases, the purchase orders are tied to contracts, which until now had to be executed offline o ....