Aurangzeb engages with SCB on expanding investment opportunities
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a virtual meeting with Global Head of Corporate & Investment Banking at Standard Chartered Bank (SCB), Sunil Kaushal to discuss expanding investment opportunities in Pakistan.
Mehfooz
Aurangzeb discusses investment opportunities with foreign investors
Finance Minister Senator Muhammad Aurangzeb held a meeting with a delegation of international investors, led by Chief Executive Officer (CEO) J.P. Morgan Pakistan, Amin Mohammad Khowaja, to explore fixed income investment opportunities in country’s economy.
Adil Aziz
Jazz, Mobilink bank forge strategic alliance to strengthen digital financial inclusion
Jazz and Mobilink Microfinance Bank Limited (MMBL), have combined their strengths to advance financial inclusion and empowerment throughout Pakistan.
PTA receives proposals for spectrum auction consultancy in Pakistan
The Pakistan Telecommunication Authority (PTA) has received five proposals from international consultants to enhance the experience of Next Generation Mobile Services (NGMS) in Pakistan for providing consultancy services for the upcoming spectrum auction.
SECP Issues Warning Against Fraudulent Social Media and WhatsApp Groups
The Securities and Exchange Commission of Pakistan (SECP) has issued a public alert regarding the increasing number of fraudulent social media and WhatsApp groups that are operating under the guise of investment training courses. These groups are impersonating well-known local and international business personalities or reputable international financial companies to deceive the public.
Editor
Mobilink Bank and CARE Pakistan join forces to empower 50,000 women
Mobilink Bank, has joined forces with CARE Pakistan to unlock the potential of 50,000 women through the Strive Women program. Under this partnership, Mobilink Bank and CARE Pakistan will invest in their financial literacy and skills development, paving the way for a more equitable and prosperous society. Over the next three years, both organizations will offer 30,000 women the financial resources they need to establish or expand their businesses.
Denmark wants to invest in Pakistan’s mining industry
FL Smidth, a leading global supplier of technology and services to the mining and cement industries, has been active in Pakistan for over three decades. The company has played a significant role in the development of the country’s cement industry, having supplied approximately 60-70% of the cement plants in Pakistan.
BISP, JazzCash team up for digital empowerment of its beneficiaries
Benazir Income Support Programme (BISP) will collaborate with JazzCash for digital empowerment of its beneficiaries.
FBR collects Rs.1,588 Billion in revenue during July and August
Federal Board of Revenue has collected gross revenues of Rs.1,588 billion for the months of July & August 2024. Against a target of Rs.1,554 billion, FBR has collected Rs.1,456 billion in net revenue and refunds of Rs.132 billion (44% more than last year) were issued to the exporters to resolve their liquidity problems.
RDA inflows rise to $8.416 billion in July 2024
The inflow of remittances under Roshan Digital Account (RDA) has risen to US $8.416 billion by the end of July 2024 as compared to US $8.255 billion by June (2024) end, according to the latest data released by the State Bank of Pakistan.