KARACHI: Martin Dow, the Multinational Healthcare Group in Pakistan, has launched another initiative for deserving students at IBA Karachi under the program of M. Jawed Akhai Scholarship seats.
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IBA IStockX trading competition launched
KARACHI: IStockX is one of Pakistan’s leading virtual trading competitions has been launched. The competition has been organized by IBA Finance Club to enhance capital market inclusion and investor education.
This year, Pakistan’s leading broker Topline Securities and fastest growing Fintech Platform, Investors Lounge, joined hands to provide world-class trading and research experience to students during the competition.
The competition, launched today at IBA Main Campus, will be held for one month on Investors Lounge Platform. The winners will also get the chance to earn prizes, sponsored by Topline; and paid internships with sponsoring organizations.
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Mohammed Sohail CEO and Founder on Topline at the launch of this League said that Topline always believe in imparting knowledge to the students and investment community.
”This will provide IBA students an opportunity to learn how to select a company and when to buy and sell stocks,” he said.
According to him with everything going digital this competition on online platform will go a long way in increasing investor base in Pakistan.
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Addressing the launch event, Baqar Jafri, CEO of Investors Lounge said: “Our mission is to democratize investment literacy in Pakistan and educate 1 million new investors about capital markets. Topline Securities shares the same vision.
Together, with our partners, we are all set to bring investor education revolution in Pakistan.”
Sunny Kumar of Topline Securities explained that Topline is always available to provide service and training to IBA students. He also said that after this Competition another phase will be launched where Top Performing Students will actually invest funds at PSX and win prizes
Investors Lounge is giving 1000 scholarships on the platform during the competition.
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FPCCI, IBA to collaborate for budget proposals, research
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Institute of Business Administration (IBA) have agreed to collaborate in policy research and formulating proposals for federal and provincial budgets.
The two institutions have agreed to collaborate in the spheres of Data-based Policy Research; Data Sharing; formulating Proposals for Monetary Policy and Federal & Provincial Budgets; Policy Advocacy; conducting Economic Surveys, etc., according to a press release on Tuesday.
Mohammad Younus Dagha, Chairman of FPCCI’s Policy Advisory Board & Dr. Akbar Zaidi, Executive Director of IBA Karachi, signed a Memorandum of Understanding at a ceremony attended by the press representatives at the FPCCI Headquarters, Federation House, Karachi.
Mian Nasser Hyatt Maggo, President FPCCI, said that a strong proponent of industry-academia linkages & cooperation, he has always pursued the promotion of knowledge-based economy and the MoU is a manifestation of his vision for FPCCI.
Mian Nasser Hyatt Maggo maintained that, to him, FPCCI & IBA are natural allies as FPCCI is the apex representative business & trade body of Pakistan and IBA is one of the most prestigious business schools of Pakistan.
Mohammad Younus Dagha said that Policy Advocacy, the primary function of FPCCI, should be data-driven & evidence-based. Policy advocacy should be the primary function of FPCCI; but, it has to be grounded in hard facts to be valid, pragmatic and result-oriented.
Dagha added that an effective policy advice has to reconcile the inspirations of entrepreneurs & expectations of the society at large. He said that the Policy Advisory Board has therefore started its journey by joining hands with the academia & economic think tanks; as well as NGOs working in social sectors.
Amjad Rafi, a Senior Member of FPCCI & a Member of the Board of Governors of IBA, emphasized that business & industry should start looking towards academia & researchers for solutions to their real-world management & operational issues for indigenous, sustainable and research-based ideas; in order to contribute to socioeconomic growth & employment generation.
Dr. Akbar Zaidi said that FPCCI & IBA are old allies and, historically, IBA has always had a member from FPCCI on its board. He expressed his satisfaction that the MoU is a step forward. He added that IBA is a university now; but, its business school continues to be the most important part of it.