Structural reforms a prime focus of government: Miftah
Federal Minister for Finance, Miftah Ismail said here on Thursday that the government was primarily focusing on effective structural reforms for cultivation of sustainable and inclusive economic growth in the country. During a meeting with Asian Development Bank’s Ex-Country Director and Chief Thematic Officer in ADB’s Sustainable Development and Climate Change Department, Ms. Xiaohong Yang,…
President urges insurance sector to upgrade digital means, involve Ulema to motivate masses
President Dr Arif Alvi on Thursday urged the public and private insurance companies to advance the use of digital knowledge as per international standards to ensure maximum risk distribution. He also proposed the companies on involving the Ulema (religious leaders) with an aim to encourage people and spread knowledge about the Islamic Takaful (insurance). Addressing…
Ufone 4G gets global recognition for its superior 4G services
Pakistani telecom company, Ufone 4G has been recognized as the superior 4G services provider in Pakistan by Opensignal, a leading global analytics company specializing in quantifying the users’ mobile network experience. Ufone 4G outdid other operators in several indicators of the ‘Overall Experience’ under the 4G subset as per the global analyst’s insight’s report ‘Pakistan…
Rupee rebounds against dollar on positive IMF news
The Pakistan rupee on Wednesday took a big jump of Rs 9.59 against the US dollar in the interbank trading and closed at Rs 228.79 against the previous day’s closing of Rs 238.38. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market were recorded at…
PSX stays bullish by gaining 877 points
The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with stayed bullish trend on Wednesday, gaining 877.26 points, a positive change of 2.18 percent, closing at 41,068.87 points against 40,191.61 points on the last working day. A total of 333,028,028 shares were traded during the day compared to the trade of 217,504,902 shares the…
Norwegian companies can benefit from Pakistani IT expertise: Amin-Ul-Haque
Minister for Information Technology and Telecommunication Syed Amin-Ul-Haque on Wednesday said Norwegian companies can benefit from Pakistani IT expertise and geographic location in the IT sector. In a meeting with Ambassador of Norway to Pakistan Per Albert Ilsaas who called on him here, the minister exchanged views on matters of mutual interest and highlighted Pakistan’s…
SBP management visits OICCI for interactive session with members
The Overseas Investment Chamber of Commerce and Industry (OICCI) members met with Dr. Murtaza Syed, Acting Governor, State Bank of Pakistan (SBP), Dr. Inayat Hussain, Deputy Governor, SBP and Sima Kamil, Deputy Governor, SBP for a discussion on urgent fiscal and monetary policy measures to help stabilize economy. Ghias Khan, President OICCI and Abdul Aleem,…
Efforts on to further boost Pak-UAE cooperation
Federal Minister for Finance & Revenue, Miftah Ismail here on Tuesday highlighted that the incumbent government was focusing on various new avenues of mutual interest to extend the existing bilateral relations between Pakistan and United Arab Emirates (UAE) to a new level. The minister was talking to Ambassador of the United Arab Emirates, Hamad Obaid…
MMBL launches Business Plus Current Account to strengthen financial support to businesses on their path to success
Pakistan’s largest digital Bank, Mobilink Microfinance Bank Limited (MMBL) launched an exciting new product, Business Plus Current Account (BPCA), as part of its strategic goal to keep supporting and strengthening businesses across the nation. Designed to facilitate entrepreneurs, especially Small and Medium-sized enterprises (SMEs), the BPCA provides access to essential financial tools and services to…
ekaterra appoints Starcom Pakistan to manage media planning and buying activities in Bangladesh, Sri Lanka and Pakistan (BSPAN)
ekaterra, the name home to leading tea brands such as Lipton and Brooke Bond, has appointed Starcom Pakistan to manage its media activity in Bangladesh, Sri Lanka and Pakistan (BSPAN). The new partnership will see Starcom Pakistan deliver IMC planning, buying & execution for Offline and Online media for BSPAN with Pakistan being the lead…