APICTA promotes Pakistan’s image and culture among Asia-Pacific Economies
APICTA and P@SHA’s teams came together for an exclusive press conference prior to the final award ceremony for APICTA 2022. Asia Pacific Information Communication Technology Alliance (APICTA) held its APICTA Awards in the lush green foothills of Islamabad. Pakistan had won the bid in early 2022 to host the APICTA and the teams had been…
Adil Aziz
IoBM Celebrates 25th Annual Convocation; 1374 Degrees Awarded
The Institute of Business Management (IoBM), Karachi, held its 25th Convocation at its Korangi Creek Campus on Saturday, December 10, 2022. 1,374 graduates from numerous departments were conferred educational degrees at the ceremony this year which marks the Silver Jubilee convocation of IoBM. The Chief Guest, Governor Sindh, Kamran Tessori graced the event with his…
Spotify’s Wrapped 2022 Celebration in Pakistan
On Friday, December 02, Spotify hosted the first ever in-person Wrapped event at District 19, a hotspot for gatherings and socializing in Karachi. The Wrapped 2022 dinner was a celebratory event and had selected influencers, artists, labels and other stakeholders in attendance. Hosted by Khalid Malik, the event began with Claudius Boller, Managing Director Spotify…
IT Parks to expand Pakistan’s digital landscape
With digital growth going through a rapid revolution, the country is inching towards establishing a vibrant network of Information Technology (IT) parks to expand its digital landscape. As the modern-day electronic gadgets have influenced the entire lifestyle, these IT parks would provide young professionals a launching pad to execute their innovative ideas and contribute to…
Farhan Saeed to headline electrifying concert at Karachi
Top-notch Pakistani artist Farhan Saeed, known for his multi-talented roles of singing, songwriting, and acting, gears up to make winters unforgettable for his Karachi fans with an electrifying live concert on Dec 10th, 2022. Turning to his official Instagram account, the ‘Suno Chanda’ sensation left netizens in awe as he shared a video message stating…
SECP issues concept paper on Risk Based Capital Regime for insurance sector
The Securities and Exchange Commission of Pakistan (SECP) has issued a concept paper on Risk Based Capital (RBC) Regime, outlining the possibility of shifting from existing solvency-based regime towards an RBC regime for Pakistan’s insurance sector. The proposed framework is consistent with international best practice, aimed at improving corporate governance, enterprise risk management and public…
Foreign exchange reserves stand at $12.58 Billion
The total liquid foreign reserves held by the country stood at US$ 12,581.7 million as of December 2,2022. According to breakup figures, the foreign reserves held by the State Bank of Pakistan stood at US$ 6,714.9 million whereas the net foreign reserves held by commercial banks were recorded at US$ 5,866.8 million. During the week…
Faysal Bank declared “Best Bank of the Year 2021” by CFA Society Pakistan
CFA Society Pakistan hosted the 19th edition of its prestigious Annual Excellence Awards in Karachi to recognize the outstanding performances of financial institutions, corporates and professionals. Faysal Bank Limited (FBL) was declared “Best Bank of the Year 2021” amongst mid-size banks of the country. Mr. Yousaf Hussain – President & CEO, Faysal Bank Limited received…
ABHI Partners with Chase Up to Provide Earned Wage Access to 2500 Employees
ABHI and Chase Up join hands to extend ABHISalary (Earned Wage Access) to 2500 employees working at Chase Up. Chase Up takes pride in its hardworking employees and values the care they show to their customers. As a token of appreciation, they have partnered with ABHI to provide the benefit of Earned Wage Access and…
Experts for maximizing exports, curtailing imports to achieve trade surplus
Speakers at a seminar highlighted the importance of maximizing exports and curtailing imports to help the country in achieving trade surplus for sustainable economic growth. They were speaking at a seminar titled “40 Years of Diplomatic Relations between Pakistan and Korea: Trade, Investment and human resources” organized by the Pakistan Institute of Development Economics (PIDE),…