Rupee gains 23 paisa against dollar
Pakistani Rupee on Thursday appreciated by 23 paisas against the US dollar in the interbank trading to close at Rs 221.42 against the previous day’s closing of Rs 221.65. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the US dollar in the open market were recorded at Rs 225.4…
Adil Aziz
Embracing new technology, tools must for development: President Alvi
President Arif Alvi on Thursday said that trust and confidence of people in the insurance system is a must for a stable economy and prosperity of the country. He was speaking as chief guest at a seminar titled “Role of Federal Insurance Ombudsman in provision of effective justice” organized by Federal Insurance Ombudsman at Governor…
Sindh govt, WB to provide growers Rs.5000/ acre subsidy on seed, fertilizer for Rabi crops
Sindh government and World Bank agreed on Wednesday to provide Rs.5,000 per acre subsidy to the growers for seed and fertilizer for Rabi Crop while WB also offered a $40 million loan for rehabilitation of the damaged health facilities. The world bank has agreed to provide subsidies to the growers holding up to 25 acres…
SBP launches ESRM manual to promote green banking in Pakistan
The State Bank of Pakistan, on Wednesday, launched the Environmental and Social Risk Management (ESRM) Implementation Manual for banks and development finance institutions (DFIs) to promote green banking in the country. The manual was launched by Governor State Bank Jameel Ahmed in the inaugural session of Sustainable Banking Conference, organised here by SBP in collaboration…
SBP, NBP to withdraw petitions against judgment of interest free banking: Dar
Minister for Finance and Revenue Senator Muhammed Ishaq Dar on Wednesday said that State Bank of Pakistan and National Bank of Pakistan would withdraw their petitions from the Supreme Court of Pakistan against the judgment of Federal Shariat Court in which the Court had ordered implementation of interest-free banking system in the country. The minister…
SAP Pakistan Awarded Prestigious Great Place to Work Certificate Coinciding with 50 Years Anniversary
Coinciding with its 50th anniversary since it’s been established, the leading technology enabler SAP has been awarded the ‘Great Place to Work’ certification for SAP Pakistan. The prestigious certificate was awarded after completing the Trust Index employee survey and Culture Audit workplace analysis. Great Place to Work (GPTW) Institute is an organization with authority in…
CIIE provides platform for Pakistani companies to promote products in China
The annual China International Import Expo (CIIE) provides a platform for companies from around the world including Pakistan to promote their products and brands and find more business partners in the world’s second-largest economy. “This is one of the best opportunities we have every year!” noted Imran Rah, CEO of ASIYA International Trading (Shanghai) Co.,…
UN Sec Gen urges IFIs, G20 to provide debt relief to Pakistan for post-flood reconstruction
UN Secretary General Antonio Guterres on Monday appealed to the international financial institutions and G20 countries to provide debt relief to Pakistan to help its post flood reconstruction and rehabilitation efforts. Addressing a joint press conference along with Prime Minister Muhammad Shehbaz Sharif here, the UN Secretary General proposed a debt swap, exchanging the payment of debt…
Ufone 4G offers convenient mobile top-up facility on 10,000 OPay Smart POS machines countrywide
Pakistani mobile company, Ufone 4G is set to transform its customers’ user experience through provision of convenient mobile top-up facility on 10,000 OPay Point-of-Sale (POS) machines. Ufone 4G customers will be able to access these machines at petrol stations, convenient stores, pharmacies, shopping malls and other public places countrywide to recharge their mobile phones with…
Amin ul Haque launches Rs 42 Billion Karachi IT Park
Federal Minister of Information Technology and Telecommunication Syed Amin ul Haque on Monday launched Pakistan’s largest Information Technology Park project in Karachi to facilitate the fastest growing IT sector in the metropolis. The minister laid foundation stone in a ceremony held here at the project site near Karachi Airport that would provide state of the…