Meezan Bank launches ‘Meezan Mobile Tap & Go’
Meezan Bank, Pakistan’s first and largest Islamic bank, has recently introduced mobile-based contactless payment service for its customers through its Mobile Banking App. Based on the Near Field Communications (NFC) technology, the service, named – ‘Meezan Mobile Tap & Go’ enables customers to pay by simply tapping their NFC enabled Android smartphones at POS (Point…
Adil Aziz
Conference to highlight significance of multimodal logistics, freight services
A conference here on Thursday will focus on pivotal role of multimodal logistics and freight services in the national trade growth. The one-day conference titled, “Trade growth of Pakistan through multimodal logistics” will be featuring interactive sessions and insightful debates on a diverse range of topics. The conference is being organized by Manzil Pakistan, a…
Monetary Policy Statement
At today’s meeting, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 9.75 percent. This decision reflected the MPC’s view that the outlook for inflation has improved following the cuts in fuel prices and electricity tariffs announced last week as part of the government’s relief package. At the same time, high-frequency indicators…
Govt to ensure timely supply of soil nutrients to farmers
Federal Minister for Industries and Production, Makhdum Khusro Bakhtyar on Tuesday said that the government had stepped up efforts to ensure smooth, adequate and timely supply of key soil nutrients to farmers in upcoming Kharif season 2022. Chairing a fertilizer review meeting, the minister hoped that like last year, the domestic production of urea would…
foodpanda, the leading e-commerce platform, on account of Women’s Day, handed over e-bikes to its female riders
The company celebrated its female employees, vendor partners, riders and homechefs in an event in which Justice (R) Nasira Iqbal was invited as the Chief Guest. She handed over the bikes to female riders along with Muntaqa Peracha, interim CEO foodpanda, and Hassan Arshad, Principal Policy and Communication foodpanda.
Measures taken to ease out loan disbursement for low-cost housing: Tarin
Federal Minister for Finance and Revenue, Shaukat Tarin said Monday that required steps were being undertaken for easing out the loan disbursement process along with greater access and transparency for low-cost housing. Presiding over a meeting on Low Cost Housing, the minister said performance of banks was being comprehensively monitored in this regard for greater…
Foreign Investors optimistic on investment prospects in Pakistan
Overseas Investors Chamber of Commerce and Industry (OICCI), the collective voice of top foreign investors in Pakistan, Monday unveiled the results of the biennial “Perception and Investment Survey 2021”. The survey results present an array of insights, shedding light on the increase in confidence of OICCI members on the growth potential of the country and…
Gong Ceremony Held at PSX to Announce Listing of Adamjee Life Assurance Company Ltd
A Gong Ceremony was held at Pakistan Stock Exchange (PSX) to announce the listing of Adamjee Life Assurance Company Limited (ALACL) which was listed on PSX on March 4, 2022. This is an exciting moment for PSX as it is the seventh equity listing on the Main Board of PSX and another step forward for…
FATF acknowledges Pakistan’s commitment to sustainable AML/CFT frameworks
The Financial Action Task Force (FATF) in its review meeting recognized Pakistan’s continuing commitment to a sustainable and robust Anti-Money Laundering and Combating the Financing of Terrorism (AML)/CFT) frameworks. The Financial Action Task Force (FATF) reviewed Pakistan’s progress on both FATF Action Plans in its plenary meeting held on March 4, said a press statement…
China to relocate export oriented industry in SEZs under CPEC
The Chinese companies have showed keen interest to relocate their industry in Special Economic Zones (SEZs) under the China Pakistan Economic Corridor (CPEC) that would help boosting Pakistan’s export in coming years besides creating thousands of new jobs for locals. The main sectors in which the Chinese companies are going to establish their industries in…