SBP launches ESRM manual to promote green banking in Pakistan
The State Bank of Pakistan, on Wednesday, launched the Environmental and Social Risk Management (ESRM) Implementation Manual for banks and development finance institutions (DFIs) to promote green banking in the country. The manual was launched by Governor State Bank Jameel Ahmed in the inaugural session of Sustainable Banking Conference, organised here by SBP in collaboration…
Adil Aziz
SBP, NBP to withdraw petitions against judgment of interest free banking: Dar
Minister for Finance and Revenue Senator Muhammed Ishaq Dar on Wednesday said that State Bank of Pakistan and National Bank of Pakistan would withdraw their petitions from the Supreme Court of Pakistan against the judgment of Federal Shariat Court in which the Court had ordered implementation of interest-free banking system in the country. The minister…
SAP Pakistan Awarded Prestigious Great Place to Work Certificate Coinciding with 50 Years Anniversary
Coinciding with its 50th anniversary since it’s been established, the leading technology enabler SAP has been awarded the ‘Great Place to Work’ certification for SAP Pakistan. The prestigious certificate was awarded after completing the Trust Index employee survey and Culture Audit workplace analysis. Great Place to Work (GPTW) Institute is an organization with authority in…
CIIE provides platform for Pakistani companies to promote products in China
The annual China International Import Expo (CIIE) provides a platform for companies from around the world including Pakistan to promote their products and brands and find more business partners in the world’s second-largest economy. “This is one of the best opportunities we have every year!” noted Imran Rah, CEO of ASIYA International Trading (Shanghai) Co.,…
UN Sec Gen urges IFIs, G20 to provide debt relief to Pakistan for post-flood reconstruction
UN Secretary General Antonio Guterres on Monday appealed to the international financial institutions and G20 countries to provide debt relief to Pakistan to help its post flood reconstruction and rehabilitation efforts. Addressing a joint press conference along with Prime Minister Muhammad Shehbaz Sharif here, the UN Secretary General proposed a debt swap, exchanging the payment of debt…
Ufone 4G offers convenient mobile top-up facility on 10,000 OPay Smart POS machines countrywide
Pakistani mobile company, Ufone 4G is set to transform its customers’ user experience through provision of convenient mobile top-up facility on 10,000 OPay Point-of-Sale (POS) machines. Ufone 4G customers will be able to access these machines at petrol stations, convenient stores, pharmacies, shopping malls and other public places countrywide to recharge their mobile phones with…
Amin ul Haque launches Rs 42 Billion Karachi IT Park
Federal Minister of Information Technology and Telecommunication Syed Amin ul Haque on Monday launched Pakistan’s largest Information Technology Park project in Karachi to facilitate the fastest growing IT sector in the metropolis. The minister laid foundation stone in a ceremony held here at the project site near Karachi Airport that would provide state of the…
Policy being framed to promote indigenous solar panels manufacturing
Engineering Development Board (EDB) is in process of formulating a Solar Panel Manufacturing Policy to promote local production and meet power needs, rapidly increasing with each passing year. The solar panel manufacturing policy would be linked with national solar energy policy being prepared by Ministry of Power and Renewable Energy Task Force. The glass and…
U.S. provides seed funding to women entrepreneurs for growing business
According to a statement issued by the U.S. Embassy in Pakistan on Thursday, more than 30 participants from the second Academy for Women Entrepreneurs (AWE) program, sponsored by the United States, competed for seed funding for their business start-ups on October 28. A panel of judges, comprised of Pakistani and American businesswomen, selected the top…
Hefazat Technologies partners with Pak-Qatar Takaful and Salaam Takaful for customer purchase protection
Insurance is a mechanism that can facilitate social mobility by allowing individuals and families to overcome shocks that can affect their wealth and future income-generating capacities. The possibility of accessing insurance products and services may be the difference between individuals or families achieving the goal of social mobility or remaining in a situation of economic…