Euronet Pakistan has been chosen as JS Bank’s technology partner for credit card processing
JS Bank, one of Pakistan’s largest banks, and Euronet Pakistan, a division of Euronet Worldwide (NASDAQ: EEFT) and an industry leader in processing secure electronic financial transactions, have just struck an agreement to manage and outsource JS Bank’s credit card program. At a ceremony conducted at JS Bank’s head office in Karachi, Atif Salim Malik,…
Adil Aziz
Gwadar Eastbay to be opened for traffic from May 16
Gwadar Eastbay Expressway, the most important mega connectivity and road infrastructure project of worth $179 million would be open for traffic from May 16. The completion of Eastbay Expressway being constructed under the China Pakistan Economic Corridor (CPEC) would provide primary connectivity of the Port and its Free Zone with the network of National Highways…
Tea imports increase by 11.64 pc in 8 months
The tea imports during July-February (2021-22) were recorded at $423.466 million against the imports of $379.314 million during July-February (2020-21), Pakistan Bureau of Statistics reported The tea imports into the country witnessed an increase of 11.64 Percent during the first eight months of the current fiscal year as compared to the corresponding period of last…
Chinese company interested to set up electric, hybrid manufacturing unit in Pakistan
BYD, a major Chinese manufacturer of electric and hybrid vehicles based in Shenzhen showed interest in setting up their manufacturing unit in Pakistan. Pakistan Ambassador to China, Moin ul Haque was briefed by senior executives of BYD Co. Ltd during a recently held virtual meeting. He was accompanied by the Embassy’s economic team, Pakistan’s Consul-general…
HBL & MCB BANK introduce RDA drive ‘ROSHAN RAHO’ in association with the Pakistani Consulate Riyadh, KSA
HBL & MCB BANK participate in the Pakistan day event held by the Pakistan Consulate for Riyadh, KSA on 23rd March, 2022 VIP attendance was made by His Excellency, Ameer Khurram Rathore the Ambassador to Riyadh Virtual guest Speakers included Muhammad Aurangzeb, President & CEO – HBL and Shoaib Mumtaz, President & CEO MCB Bank…
SECP leads by example in Corporate Governance, Enterprise Risk Management and Sustainable Development: Aamir Khan
“SECP, as the regulator of not just the corporate sector, but also the capital markets, NBFCs and insurance sector, is passionate about implementing a comprehensive and robust code of corporate governance in Pakistan, being equally focused on promoting effective management, improving transparency, and fostering healthy competition,” said SECP Chairman Aamir Khan in his keynote address…
Govt. approves 10% tax relief on edible oil imports
The Federal Minister for Finance and Revenue, Shaukat Tarin here on Friday approved tax relief of 10 percent on import of edible oil for the month of April and May to deal with the expected shortfall of the commodity during the month of Ramzan due to hike in prices The finance minister was presiding over…
Pakistan becomes sugar surplus with production going up by 2 million tons: Tarin
Federal Minister for Finance and Revenue, Shaukat Tarin said Friday that sugar production was likely to increase by 2 million tons this year from the output of 7.5 million tons recorded last year. In a tweet, the federal minister said, as a result, Pakistan was back to sugar surplus country from deficit. He said, the…
foodpanda reiterates commitment towards women empowerment
Keeping up with its annual tradition, foodpanda pledged its commitment to work towards gender equality and women empowerment by featuring its HomeChef at ‘Ring the Bell for Gender Equality’ ceremony at Pakistan Stock Exchange (PSX). The event was held to showcase and celebrate women playing different roles and how corporations should work together to achieve…
Mobilink Microfinance Bank Limited Enables Merchants to book Inventory on flexible loans Digitally
The largest digital bank of Pakistan, Mobilink Microfinance Bank Limited (MMBL) is ushering in unparalleled enablement for Pakistani traders and merchants by allowing them to book inventory on credit, via their distributor. The latest offer, being introduced in partnership with AdalFi – a digital lending fintech – completely digitizes the banking experience of its business…