Master Changan to Launch Oshan X7 Plus SUV in Pakistan
Master Changan Motors Limited (MCML) revealed a few sketches of an SUV last month without mentioning its name. Although, it became obvious that the company is gearing up to unveil a new SUV. Finally, the curtains are off as its new offering is the Oshan X7 Plus. Oshan X7 Plus seems like a bulkier version…
Adil Aziz
Dawlance hosted 2021 dealers convention at DPL2 Factory
Dawlance hosted the 2021 Dealers convention at DPL2 Factory here on Thursday, hosted by famous anchor person Mr. Shafaat. The event focused on communicating with the dealers as to how year 2021 has been a successful one. The event also acknowledged the role played by the dealers in making this year a success for Dawlance….
Packages Mall All Set to Kick Off the Winter Season with Shopping Festival
Packages Mall, home to over 200 local and international stores, is kicking off the winter season with its annual Packages Mall Shopping Festival. The festival officially started on the 26th of November and will continue till the 30th of December. The Packages Mall Shopping Festival brings a ton of exciting deals, lucky draws, and entertainment…
CAP holds Grand Finale of National Finance Olympiad 2021
The Institute of Chartered Accountants of Pakistan (ICAP) in collaboration with Unilever Pakistan organized the Grand Finale of the annual mega finance competition, National Finance Olympiad 2021 to bring to limelight the finance talent of the country at a local hotel in Karachi. The National Finance Olympiad 2021 started with registrations of 39 teams represented…
World Bank approves $195 Million loan for Pakistan
ISLAMABAD: The World Bank’s Board of Executive Directors have approved $195 million in financing to support Pakistan in improving electricity distribution to increase service quality for consumers. The agreement of the financing between Pakistan and the WB was inked in Islamabad, the economic affairs division said. Secretary economic affairs division Mian Asad Hayauddin and WB’s…
3G/4G Users in Pakistan Reach 106.68 Million
The number of 3G and 4G users in Pakistan reached 106.68 million by the end of November 2021 as compared to 105.73 million by the end of October 2021, registering an increase of 0.95 million, according to the PTA data. The number of cellular subscribers in Pakistan increased by 0.8 million to 188 million by…
SECP Facilitates Investments by Overseas Pakistanis
The Securities and Exchange Commission of Pakistan (SECP) has abolished the requirement for banks to obtain separate license for distributing mutual funds and private pension funds to Roshan Digital Accounts (RDAs). This relaxation has been granted to facilitate overseas Pakistanis to invest in mutual funds and private pension funds managed by Asset Management Companies (AMCs),…
Meezan Bank becomes the First Bank in the Country to Launch State Bank of Pakistan’s I-SAAF Scheme for Small and Medium Enterprises (SMEs)
Meezan Bank, Pakistan’s first and largest Islamic bank, also became the first bank to launch the Islamic SME Asaan Finance Scheme (I-SAAF) for Small and Medium Enterprises (SMEs) under State Bank of Pakistan’s (SBP) SME Asaan Finance Scheme (SAAF). The launch ceremony was held at Multan Chamber of Commerce and was attended by Dr. Reza…
ABL and Pakistan Freelancers Association (PAFLA) have partnered to support, shape, and facilitate the freelancers’ community of Pakistan
Allied Bank (ABL) has always strived to be the industry leader in terms of technology and innovation. It is in this spirit that ABL and Pakistan Freelancers Association (PAFLA) have partnered to support, shape, and facilitate the freelancers’ community of Pakistan in line with the State Bank of Pakistan’s vision to promote financial inclusion in…
Mobile phone imports surge
Increase 42% month-on-month to $212 million in November KARACHI: Despite the efforts made by the government to promote locally produced mobile phones in Pakistan and curtail their imports, the inward shipments of handsets recorded a significant jump in November 2021. According to the Pakistan Bureau of Statistics (PBS), Pakistan imported mobile phones worth $212 million…