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In: Commerce and Industry
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ISLAMABAD ( Web News ) Driven by the objective of promoting trade of dimensional stone (marble, granite and onyx) and mutual benefit of public and private sectors, Islamabad Chamber of Commerce and Industry (ICCI) has signed a Memorandum of Understanding (MoU) with Pakistan Stone Development Company (PASDEC) to promote theRead More →

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KARACHI ( Web News ) On a consolidated basis, Lucky Cement Limited, once again, reported its highest ever profit after tax of PKR 36.42 billion for the year ended June 30, 2022, of which PKR 6.93 billion is attributable to the non-controlling interests. This translates into earnings per share (EPS)Read More →

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KARACHI ( Web News ) As a landmark and first of its kind initiative in Pakistan’s capital market landscape, “Emlaak Financials” the first digital aggregator platform for mutual funds has been formally inaugurated by the Federal Minister for Finance & Revenue, Dr. Miftah Ismail on Aug 5, 2022 at CDCRead More →

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ISLAMABAD ( Web News  ) Senator Muhammad Talha Mahmood, Federal Minister for States and Frontier Regions has urged the government to rationalize taxes on the real estate and construction sector to facilitate its better growth that would help revive the economy. He stressed that the government should make conducive policiesRead More →

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LAHORE ( Web News ) Pakistan Solar Association has called upon the Prime Minister of Pakistan Mian Muhammad Shahbaz Sharif to intervene for the Customs clearance of hundreds of containers containing solar equipment, which have been stuck for months at various ports across the country. “A huge number of solarRead More →

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In: Banking Sector
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KARACHI ( Web News ) Standard Chartered Bank Pakistan Limited (SCBPL) has recently pioneered special ‘Braille-Inclusive’ banking-forms, for the convenience of visually-impaired citizens. SCBPL has been deploying innovative technologies for world-class financial-services, besides enabling socio-economic growth for the impoverished and the persons-with-disabilities. Launched in collaboration with Pakistan’s Assistive Technology StartupRead More →

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Mastercard New Payments Index 2022: Consumers in Pakistan embrace digital payments 89% of consumers in Pakistan have used at least one emerging payment method in the last year, with usage expected to increase further Adoption of biometrics, Buy Now Pay Later (BNPL), open banking and account-to-account payments are anticipated to continueRead More →

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ISLAMABAD ( Web News ) After the verdict of prohibited funding case, the coalition government has devised a plan to take action against the close aides of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and the central leaders across the country, citing sources. The federal authorities decided to carry out legalRead More →

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PTCL Launches Smart Solutions Powered by Huawei ISLAMABAD ( Web News ) Pakistan Telecommunication Company Limited, the largest telecom services provider in Pakistan launched Smart Solutions powered by Huawei. The initiative will enable enterprises with smart ICT services that are completely secure and reliable through one-window operations. The event wasRead More →

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President Alvi telephones COAS General Qamar Javed Bajwa, offers condolences for the martyrs of helicopter crash COAS says helicopter met an accident because of low visibility due to bad weather ISLAMABAD ( Web News ) President Dr. Arif Alvi has condoled the martyrdom of the high-ranking army officers with ChiefRead More →

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Alleviating Concerns: SBP Management Visits OICCI for Interactive Session with Members KARACHI ( Web News ) The Overseas Investors Chamber of Commerce and Industry (OICCI) members met with Dr. Murtaza Syed, Acting Governor, State Bank of Pakistan (SBP), Dr. Inayat Hussain, Deputy Governor, SBP and Sima Kamil, Deputy Governor, SBPRead More →

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LAHORE ( Web News ) Singapore-based EZ Wage, a leading regional financial wellness platform, has signed an agreement with Bank Alfalah as its Digital Payments Partner to facilitate Earned Wage Access (EWA) in Pakistan with secure payment transfers. Under the agreement, EZ Wage will route payments in real-time to itsRead More →