ICCI declares 2025 as the year of Real Estate
The Islamabad Chamber of Commerce and Industry (ICCI) has declared 2025 as the “Year of Real Estate,” emphasizing the sector’s crucial role in Pakistan’s economic revival.
Adil Aziz
HBL Microfinance Bank Welcomes Maya Inayat Ismail as New Chairperson
HBL Microfinance Bank (HBL MfB) announced the appointment of Maya Inayat Ismail as the Chairperson of the Board of Directors, succeeding Rayomond H. Kotwal.
Mehfooz
PTCL Introduces Industry-First WhatsApp-Based Bill Payment Solution in Pakistan
Pakistan Telecommunication Company Limited (PTCL), the country’s largest ICT services provider, has partnered with PayFast, a State Bank of Pakistan-licensed Payment Service Provider (PSP), to launch for the first time an innovative bill payment solution via WhatsApp. This cutting-edge service enables PTCL customers to view and pay their bills directly through WhatsApp, representing a major…
KCCI Condemns State Bank’s Token Interest Rate Cut as Ineffectual
President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani, while expressing strong disappointment over the State Bank of Pakistan’s (SBP) decision to implement a nominal reduction of just 1 percent in the policy interest rate, criticized the move as insufficient to address the prevailing economic challenges and unlock the country’s growth potential.
Meezan Bank Introduces New FCY Debit Card for Freelancers and Exporters
Meezan Bank, Pakistan’s leading Islamic bank, has announced the launch of its Foreign Currency (FCY) Debit Card for Pakistani exporters and freelancers who hold an Exporters’ Special Foreign Currency Account (ESFCA) with the Bank.
PBC Shares Fiscal Policy Suggestions with Finance Minister
A high-level delegation from the Pakistan Business Council (PBC) led by its Chairman, Shabbir Diwan called on Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb and his team to share ideas for a sound fiscal policy, serving long-term objectives of promoting investment, creating jobs, supporting exports and generating resources to achieve sustainable and equitable growth.
Editor
SBP Monetary Policy Committee Announces 100 bps Rate Cut to 12%
The Monetary Policy Committee (MPC) decided to cut the policy rate by 100 bps to 12 percent, effective from January 28, 2025.
Stay home, earn more as social media empowers youth
The useful handling of social media platforms has empowered youth to earn sufficient money for supporting themselves and their families too.
KCCI Calls for SBP to Align Monetary Policy Rate with Regional Benchmarks
President Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, has emphasized the pressing need for the State Bank of Pakistan (SBP) to align the nation’s key monetary policy rate with regional benchmarks to support economic growth and ease the burden on businesses.
PSW designated as FBR’s technology partner for ‘Web-Based One Customs’ system
The Federal Board of Revenue (FBR) and Pakistan Single Window (PSW), an integrated digital platform, recently signed an agreement aimed at digitalizing customs clearance processes.