SBP unveils Easy Data, in a move aimed at supporting economic research and enhancing transparency
Efficient, timely and reliable data dissemination is a core undertaking of central banks across the world. Open data availability supports informed decision-making by households, firms, governments, academics, and other stakeholders, including financial market participants. Like other central banks, the SBP has been providing economic and financial data to all stakeholders. At the same time, it…
Adil AzizCordoba Logistics & Ventures Limited (“CLVL”) collaborate with foodpanda to provide bikes for riders
Cordoba Logistics & Ventures Limited (“CLVL”) and foodpanda Pakistan signed an MoU under which CLVL will facilitate foodpanda riders in acquiring motorcycles on an affordable basis to operate on the platform. The partnership extends across the country, offering foodpanda riders the necessary means to participate in the growing e-commerce sector, creating sustainable economic opportunities and…
TowerCos will drive economic growth across emerging markets, study by edotco and Roland Berger finds
As digital infrastructure providers, TowerCos can help MNOs build advanced 5G networks and offer affordable 5G connectivity across the nation TowerCos are poised to multiply socio-economic benefits in emerging markets – saving MNOs up to US$10 billion while generating a cumulative saving of US$67 billion to consumers. They can also reduce up to 17 million…
SECP registers 1,906 new companies in May 2022
The Securities and Exchange Commission of Pakistan (SECP) registered 1,906 new companies in May 2022, raising the total number of registered companies to 169,919. This shows an increase of 19% as compared to corresponding period last year. Total capitalization (paid-up-capital) with regard to newly incorporated companies for the current month stood at Rs3.5 billion. Foreign…
PITB and Faysal Bank Ltd. sign MoU to Facilitate Freelancers across Pakistan
In a special ceremony held at Arfa Technology Park on June 01, Punjab Information Technology Board (PITB) and Faysal Bank Limited (FBL) signed an MoU to facilitate freelancers across Pakistan. The MoU was signed by PITB DG e-Governance Sajid Latif and FBL Head CIBG Ali Waqar on behalf of their respective organizations. Senior officials from…
MMBL Champions the need to boost financial literacy in Balochistan at the Financial Literacy Gala 2022
Mobilink Microfinance Bank Ltd. (MMBL) – Pakistan’s largest digital Bank, set up a financial literacy camp at the University of Balochistan on Tuesday, May 31, 2022. The camp was organized under the State Bank of Pakistan’s National Financial Literacy Program for Youth. The gala had representatives from MMBL, SBP, RAAST, and other notable banks in…
PUBG Mobile realme Gaming Championship 2022 Reaches a Fiery End in Lahore
Gearing up for the Grand Finale, top two teams from each university in Lahore and Karachi will battle it out for the ultimate champion of the gaming tournament After two weeks of clutch moves and chicken dinners, the qualifier and preliminary rounds of the PUBG Mobile realme Gaming Championship 2022 have come to a close….
Carrefour celebrates cool summer sale
•Discounts across numerous categories including groceries, electronics, textiles and household appliances •Carrefour’s summer mega sale hopes to help customers stay cool during the heat wave Carrefour, fully owned and operated by UAE based Majid Al Futtaim in Pakistan, has launched a surprise, themed mega sale to make this summer cooler and more exciting amidst rising…
SECP Chairman suggests high-level Steering Committee to chart impactful roadmap for promotion of Islamic finance
The Chairman, Securities and Exchange Commission of Pakistan (SECP) Aamir Khan suggests establishment of a high-level Steering Committee tasked with charting an impactful roadmap for the future, encompassing all touch points of Islamic finance ecosystem, to promote Islamic finance in the country. He made this suggestion in his keynote address at World Islamic Finance Forum’s…
MMBL and Digit 4G enter into Strategic Partnership to Digitally bolster Pakistan’s Financial Ecosystem
Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has partnered with DIGIT, a leading technology brand of Swift Biz Solutions Pvt. Ltd. in Pakistan, to bolster Pakistan’s digital and financial ecosystem. Under this strategic partnership, MMBL will accelerate digital inclusion by enabling its deposit account customers to purchase DIGIT smartphones (Glory1, Play1 & Energy)…