PTCL launches cutting-edge cyber security services for corporate customers
Pakistan Telecommunication Company Limited (PTCL) has launched new cyber security services based on its cutting-edge Security Operations Center (SOC) to protect its corporate and financial customers against cyber-attacks. The SOC-based services will reinforce the digital security by building a safety wall against a range of cyber security threats to customers’ data, digital assets and infrastructure….
Adil Aziz
IPAK embraces energy-efficient and sustainable initiatives
International Packaging Films Limited (IPAK), a packaging firm known for producing high-quality packaging films, has taken sustainability to a new level by incorporating a specialized combo heat recovery system at their power plants in a bid to cut down on carbon emissions. Having become a major player in the packaging industry in a short amount…
Stakeholders Seek Revised Fertilizer Policy to Maximize Urea Production
Industry stakeholders are seeking a revised fertilizer policy to improve agricultural standards, an emendation that should eliminate the sector’s gas subsidies and allow for a much-needed shift to WACOG (weighted average cost of gas). They argue that the new fertilizer policy should prioritize utilizing excess capacity by permitting the business to export urea. To ensure…
Minister proposes tax-free zone at Port Qasim
Says it will help boost investment, benefit Pakistan and Japan Pakistan possesses a massive potential in the fields of human resources, fisheries, cheap labour and agriculture, remarked Federal Minister for Maritime Affairs Syed Ali Haider Zaidi. In a meeting with Japanese Ambassador Wada Mitsuhiro at the Ministry of Maritime Affairs on Wednesday, he proposed the…
Dawlance hosted 2021 dealers convention at DPL2 Factory
Dawlance hosted the 2021 Dealers convention at DPL2 Factory here on Thursday, hosted by famous anchor person Mr. Shafaat. The event focused on communicating with the dealers as to how year 2021 has been a successful one. The event also acknowledged the role played by the dealers in making this year a success for Dawlance….
World Bank approves $195 Million loan for Pakistan
ISLAMABAD: The World Bank’s Board of Executive Directors have approved $195 million in financing to support Pakistan in improving electricity distribution to increase service quality for consumers. The agreement of the financing between Pakistan and the WB was inked in Islamabad, the economic affairs division said. Secretary economic affairs division Mian Asad Hayauddin and WB’s…
SECP Facilitates Investments by Overseas Pakistanis
The Securities and Exchange Commission of Pakistan (SECP) has abolished the requirement for banks to obtain separate license for distributing mutual funds and private pension funds to Roshan Digital Accounts (RDAs). This relaxation has been granted to facilitate overseas Pakistanis to invest in mutual funds and private pension funds managed by Asset Management Companies (AMCs),…
Meezan Bank becomes the First Bank in the Country to Launch State Bank of Pakistan’s I-SAAF Scheme for Small and Medium Enterprises (SMEs)
Meezan Bank, Pakistan’s first and largest Islamic bank, also became the first bank to launch the Islamic SME Asaan Finance Scheme (I-SAAF) for Small and Medium Enterprises (SMEs) under State Bank of Pakistan’s (SBP) SME Asaan Finance Scheme (SAAF). The launch ceremony was held at Multan Chamber of Commerce and was attended by Dr. Reza…
ABL and Pakistan Freelancers Association (PAFLA) have partnered to support, shape, and facilitate the freelancers’ community of Pakistan
Allied Bank (ABL) has always strived to be the industry leader in terms of technology and innovation. It is in this spirit that ABL and Pakistan Freelancers Association (PAFLA) have partnered to support, shape, and facilitate the freelancers’ community of Pakistan in line with the State Bank of Pakistan’s vision to promote financial inclusion in…
Mobile phone imports surge
Increase 42% month-on-month to $212 million in November KARACHI: Despite the efforts made by the government to promote locally produced mobile phones in Pakistan and curtail their imports, the inward shipments of handsets recorded a significant jump in November 2021. According to the Pakistan Bureau of Statistics (PBS), Pakistan imported mobile phones worth $212 million…