Deposit Agreement Signed between the Saudi Fund for Development (SFD)and the State Bank of Pakistan
A deposit agreement between the Kingdom of Saudi Arabia, represented by the Saudi Fund for Development (SFD), and the Government of the Islamic Republic of Pakistan, represented by the State Bank of Pakistan (SBP), has been signed today by the Chief Executive Officer of SFD, H.E. Sultan Bin AbdulRahman Al-Marshad and the Governor SBP, Dr….
Adil Aziz
realme’s Quality Expert – the realme C25Y Rolls Out in the Market Today
realme C25Y – The Best Mix of Premium Quality and Value for Money is Available Now realme C25Y is another C-Series champion that delivers top quality and the best value for money with a voguish appearance and a powerful battery. realme’s C-Series is quite the star – one for its quality with the TUV Rheinland…
Study finds community policing has potential but needs reforms to have impact in the global south
Researchers from the Institute of Development and Economic Alternatives (IDEAS), LUMS and Princeton University are part of a large international study on community policing in the Global South, including Pakistan. The results of the study have been published in Science, one of the world’s top academic journals. The Pakistan study was conducted by Dr. Ali…
Supernet and PAKSAT Reaffirm Strategic Partnership for Proliferation of Satellite Communications
Supernet Limited (“Supernet”), Pakistan’s largest satellite communications systems integrator and service provider and PAKSAT International (“PAKSAT”), Pakistan’s national satellite operator today jointly announced the signing of a strategic partnership which expands the existing relationship between the two organizations. Through the partnership, Supernet will be able to provide national and international customers with seamless connectivity through…
FPCCI terms gas crisis, huge taxes threatening for export
Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce and Industry has urged the government to take effective measures to overcome the gas crisis and ensure uninterrupted supply of gas to industries as well as reduce electricity tariffs. If the government does not address the problems of electricity and gas, trade…
Clarifications: Monetary Policy Decisions
Over the past few weeks, certain sections of the media including op-eds have expressed concerns over the actions of the State Bank of Pakistan, particularly with regard to monetary policy decisions and the role of the Covid-related monetary accommodation in fueling the currently elevated inflation outturns. The SBP would like to address these concerns and…
PTA Slashes Mobile Termination Rates
Pakistan Telecom Authority (PTA) has reduced the Mobile Termination Rate (MTR) from Rs. 0.70 per minute to Rs. 0.50 per minute from 1st January 2022. Rates shall be further reduced to Rs. 0.40 per minute from 1st July, 2022. Reduction in the MTR has been made after thorough consultation with the telecom industry. PTA is…
Finance Adviser lunches Pakistan’s first PCM for capital market
As a landmark achievement in Pakistan’s capital market landscape, the first Professional Clearing Member (PCM) has been formally inaugurated by the Adviser to the PM on Finance & Revenue, Mr. Shaukat Tarin on Nov 26, 2021 at CDC House, Karachi. Speaking at the occasion, Mr. Shaukat Tarin said, “It is the top priority of our…