PSX Holds Gong Ceremony on Listing of BF Biosciences Ltd.
The Pakistan Stock Exchange held a gong ceremony to celebrate the listing of BF Biosciences Limited (BFBIO). BFBIO is a pharmaceutical joint venture between Ferozsons Laboratories Ltd and Bago Group of Argentina. BF Biosciences has spearheaded Pakistan’s emergence in biotech manufacturing.
Adil Aziz
Mobilink Bank Tops SBP’s Banking on Equality Scorecard Two Years in a Row
Mobilink Bank has once again demonstrated its unwavering commitment to gender equality and financial inclusion, securing a remarkable score of 82.7 on the State Bank of Pakistan’s (SBP) Women Friendliness Grid. This notable increase from last year’s score of 71.79 highlights the Bank’s continuous efforts in fostering a supportive environment for women borrowers and entrepreneurs, particularly in the Micro, Small, and Medium Enterprises (MSME) sector.
Editor
SECP Crack Down on Illegal “SMARTPAYS” Investment Scheme
The Securities and Exchange Commission of Pakistan has identified an illegal investment/deposit-taking platform operating under the name “SMARTPAYS”.
Mehfooz
JazzCash wins Receives Mastercard’s Award for ‘Tap on Phone’ Innovation
JazzCash, The fintech arm of leading digital operator Jazz, has received the ‘Pioneering Telco to launch Tap on Phone’ award at the Mastercard Payment Leaders Awards.
Telenor and Crop2X Collaborate to Innovate Agriculture with Data Solutions
Telenor Pakistan has signed a Memorandum of Understanding (MoU) with Crop2X, a leading agritech company, to empower farmers and agricultural companies with advanced, data-driven crop monitoring solutions.
Govt to Enhance IT and Telecom Sector: Shaza Fatima
Minister of State for IT and Telecommunication, Shaza Fatima Khawaja said that innovations in data networks, cloud computing, artificial intelligence and 5G are crucial for Pakistan’s economic growth and in addressing key challenges such as healthcare, education, and sustainable development.
July-August 2024: Pakistan’s IT services exports reach $584 Million
Pakistan earned US $584.566 million by exporting different Information Technology (IT) services in various countries during the first two months of the current fiscal year 2024-25.
Provincial Governments join SECP in expanding ‘Insured Pakistan’ initiative
The Securities and Exchange Commission of Pakistan continues taking steps to fulfil the vision of insured Pakistan. In this regard, Commissioner Insurance SECP, Aamir Khan held a series of meetings with provincial authorities to discuss steps aimed towards realization of the vision.
Current Account Surplus of $119 Million Recorded in September 2024
The Current Account Balance of Pakistan further improved in September 2024 with a surplus of US$ 119 million as compared to a surplus of US$ 29 million in August 2024, According to the State Bank of Pakistan reported on Yesterday(Oct 21).
Pakistan’s Textile Export Soars to $4.520 Billion, a 9.51% Increase in Q1 2024
Textile exports witnessed an increase of 9.51 percent during the first quarter of the current financial year 2024-25 as compared to the same quarter of last year. The textile exports from the country were recorded at US $4.520 billion during July-September 2024-25, reported by Pakistan Bureau of Statistics.