PTCL & Ufone, Edotco collaborate to enhance Pakistan’s connectivity capabilities

Pakistan Telecommunication Company Limited (PTCL) &its subsidiary, Pak Telecom Mobile Limited, Ufone, signed a Memorandum of Understanding (MoU) with edotco Group (edotco), leading end to end integrated telecommunications infrastructure services company, through its local operations edotco Pakistan Private Limited (edotco PK), to enhance the country’s connectivity capabilities.

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Pakistan Pavilion in APLF

Photo Caption:  Mr. S.M.Muneer inaugurated Pakistan Pavilion in APLF (13-15 March 2019) in Hon Kong, seen in the picture are Mr. Qadir Memon (Consul General Pakistan in Hong Kong), Mr. Saeeduddin , Mr. Khurram Aftab and others.

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Standard Chartered launches Women in Tech programme

Standard Chartered Bank (Pakistan) Limited announces the launch of Women in Tech, a global programme aimed at supporting greater diversity in gender representation within technology based entrepreneurship. Partnering with INNOVentures and the Pakistan Innovation Foundation (PIF), Standard Chartered Women in Tech programme aims to promote the economic and social development of women in Pakistan through innovation or technology led entrepreneurship.

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State Bank supporting SMEs for setting up business and its growth

To improve awareness about its SME finance policy and refinance schemes, State Bank of Pakistan (SBP) conducted meetings with manufacturers and exporters of cutlery, stainless steel utensils, water pumps and ceramics belonging to SME sector in Gujranwala. Representing SBP, Syed Samar Hasnain, Executive Director, State Bank of Pakistan said that SMEs can avail a number of financial services such as setting up and expansion of their business and working capital finance for specific sectors.

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Consul General of Malaysia visits FPCCI

Caption Picture: –


Engr. Daroo Khan Achakzai, President FPCCI presenting crest to Mr. Khairul Nazran Abd Rahman, Consul General of Malaysia at FPCCI Head Office Karachi, Dr. Mirza Ikhtiar Baig, Senior Vice President FPCCI. Mr. Arshad Jamal, Mr. Waqar Mehmood Vice Presidents FPCCI also seen in the picture.

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Free flowing rivers and personhood rights of Indus River

Pakistan Fisherfolk Forum along with Arts Council of Pakistan organized a conference on “Free flowing rivers and personhood rights of Indus River” in Karachi on Thursday.

Addressing the event Chairman of PFF Syed Muhammad Ali Shah said that we are putting efforts to get fundamental human rights for Indus River to protect it from the damages we ourselves have brought on to it.

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Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$14,965.9 million on 08March2019.The break-up of the foreign reserves position is as under:-

i)Foreign reserves held by the State Bank of Pakistan : US$ 8,122.9 million

ii)Net foreign reserves held by commercial banks : US$ 6,843.0 million

  1. Total liquid foreign reserves         : US$ 14,965.9 million

During the week ending 08March2019, SBP reserves increased by US$6 million to US$8,122.9 million.

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