Chinese Companies keen to invest in Pakistan‘s mobile phones, e-bikes and Fin-tech sectors
Chairman of Chinese firm Transsion Holdings Zhu Zhaojiang called on Prime Minister Shehbaz Sharif here and conveyed his company’s interest in enhancing investment in mobile phone manufacturing unit, and investing in electric bikes, modern agriculture, mobile phone manufacturing and Fin-tech sectors.
Adil Aziz
Pay with JazzCash QR at cattle markets on Eid
To streamline financial transactions at cattle markets ahead of Eid-ul-Azha, JazzCash has partnered with the State Bank of Pakistan (SBP) to enable interoperable RAAST QR codes for payments at cattle markets nationwide. The initiative is poised to replace cash-based transactions with secure, efficient digital payments, ensuring safe and secure transactions.
SECP bootcamp to impart financial literacy to over 1500 educators concluded
The Securities and Exchange Commission of Pakistan, in collaboration with the Ministry of Federal Education and Professional Training, effectively has imparted basic financial literacy concepts to over 1500 teachers from 432 Federal Government Schools & College of Islamabad Capital territory.
Airline industry is likely to generate US$30.5 billion of profit this year
Global airlines on Monday (Jun 3) raised their profit forecast for 2024 and projected industry-wide revenues just shy of US$1 trillion as a record number of travellers board flights.
IsDB Organizes four day, Country Procurement, financial management Workshop
The Islamic Development Bank (IsDB) organized a four-day financial management and integrity workshop to enhance the transparency, efficiency, and effectiveness of financial management and procurement processes in Pakistan.
Largest container vessel docks at South Asia Pakistan Terminals
In a significant milestone for the country’s maritime industry, the largest container vessel to date, MSC Anna, docked at the South Asia Pakistan Terminals (SAPT) on Wednesday (May 29).
Visa Reinvents the Card, Unveils New Products for the Digital Age at Visa Payments Forum CEMEA 2024
Today at the annual Visa Payments Forum for Central and Eastern Europe, Middle East and Africa, Visa unveiled a suite of new products and services that will revolutionize the card and address the future needs of consumers, merchants and the financial institutions that serve them across the region. The way people pay and get paid has changed more in the past five years than in the last 50, and the latest innovations will bring new payment experiences to transform commerce and money movement spanning eCommerce, face-to-face in-store shopping, and seamless money transfers.
Industry Ministry rebuts withdrawal of gas subsidy for fertilizer companies
The Ministry of Industry and Production issued a rebuttal on Saturday on the news circulating about the withdrawal of gas subsidy for fertilizer companies is baseless. according to the Ministry’s Spokesperson, this matter was never included in the cabinet’s agenda.
Anti-Israel boycotts hit the businesses of soft drinks, KFC and McDonald’s in Asia
In Pakistan, local water and soft drink brands at some grocery stores are being given prominent shelf space and preference instead of Coca-Cola and Pepsi, which have been popular drinks in the country for decades. Multiple posters circulated among Pakistani citizens that label large multinational companies, including both the US beverage brands, as Israeli-linked products.
SECP Introduces Self-Assessment Declaration for NBFC’s to Enroll Digital Lending Apps
The Securities and Exchange Commission of Pakistan (SECP) has introduced a Self-Assessment Declaration Form to expedite and simplify the enrollment of Non-banking Finance Companies (NBFCs) digital lending apps on its approved list.