Mobilink Bank, Unikrew & USAID collaboration for women’s financial inclusion
Pakistan’s leading digital microfinance bank, Mobilink Bank, has joined forces with a prominent fintech player, Unikrew Solutions, to drive women’s financial inclusion in the country through a project funded by USAID. Quratulain Chaudhary, Executive Manager Women Financial Services (WFS) Mobilink Bank, and Muhammad Naveed Sharif, Director Unikrew Solutions, signed a Memorandum of Understanding in Islamabad, alongside Project Leads to set the collaboration in motion.
Editor
Gohar unveils new collaborative potential with Chinese company in different sectors
Minister for Commerce Dr Gohar Ejaz, who is currently on an official visit to China, visited the Hengli Group headquarters, a trailblazing entity in oil refining, petrochemicals, polyesters, and textiles to explore collaboration and boost bilateral ties.
Mehfooz
PTA issues Cyber Security strategy 2023-2028 for Pakistan’s Telecom sector
The Pakistan Telecommunication Authority has issued its Cyber Security Strategy for Pakistan’s Telecom Sector, a comprehensive and ambitious plan set to span from 2023 to 2028.
Adil Aziz
SECP to unveil 5-year strategic plan in InsureImpact Conference
The Securities and Exchange Commission of Pakistan will be hosting the International InsureImpact Conference 2023 in Karachi on December 13 and 14, 2023. The broad theme underpinning the conference is “Journey to an Insured Pakistan.” The Federal Minister of Finance and Revenue, Dr. Shamshad Akhtar, will kick off the two-day conference.
State Bank to Maintain the policy rate at 22%
Monetary Policy Committee (MPC) decided to maintain the policy rate at 22 percent. The decision does take into account the impact of the recent hike in gas prices on inflation in November, which was relatively higher than the MPC’s earlier expectation.
Govt.’s to assures uninterrupted gas to the fertilizer plants
Caretaker Minister for Petroleum Muhammad Ali said the government was committed to ensuring uninterrupted gas supply to all fertilizer plants throughout the current winter season to maximize fertilizer production.
First Ijarah Sukuk Auction at PSX results in resounding success
The first primary market auction of the government of Pakistan one-year Ijarah Sukuk at Pakistan Stock Exchange (PSX) has resulted in a resounding success, the Stock exchange said in a statement.
Czech companies keen for collaboration in Pakistan’s mining, energy, chemical sectors: Envoy
Ambassador of the Czech Republic to Pakistan Ladislav Steinhübel said Czech companies were looking for collaboration in Pakistan’s diverse sectors including mining, energy and chemical.
SBP to announce monetary policy today
The State Bank of Pakistan will announce monetary policy on Tuesday. The Monetary Policy Committee (MPC) of the central bank will meet on December 12.
Workers’ remittances record inflow of $2.3 billion in November
The overseas workers’ remittances recorded an inflow of $2.3 billion during last month, the State Bank of Pakistan reported.