TPL Life Insurance launches Pakistan’s First Epidemic Based Digital Insurance Products
As another first in Pakistan, TPL Life has launched Pakistan’s first epidemic based insurance products which can be bought online from the company’s website – and all it takes is less than 3 minutes to make the purchase through TPL Life’s end to end digital processes.
… Read the restMian Zahid Hussain urges effective planning to relocate Chinese industries
President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Friday said relocating Chinese sunset industries will improve Pakistan’s GDP by 10 percent annually, however it is important to make immediate arrangements to accomplish this relocation.
… Read the restShaheen Air to operate all flights from new Islamabad international airport
Shaheen Air International (SAI), the second national carrier of Pakistan, will begin all Islamabad inbound and outbound flights from the new Islamabad International Airport (IIAP) starting from the inauguration of the new Airport on Thursday, May 3, 2018. Pakistan Civil Aviation Authority (PCAA) have conveyed that the operationalization of IIAP will be on May 3, 2018 at 1000 hours so that now all Shaheen Air flights will operate from new Islamabad airport for its operations whether inbound or outbound from May 3rdand onwards as per PCAA directives.
Pakistan’s liquid foreign reserves position
The total liquid foreign reserves held by the country stood at US$17,545.5million on 13April2018.The break-up of the foreign reserves position is as under:-
Foreign reserves held by the State Bank of Pakistan: US$11,379.6million
Net foreign reserves held by commercial banks: US$6,165.9million
Total liquid foreign reserves : US$17,545.5 million
During the week ending 13April2018, SBP’sreserves decreased by US$58million to US$11,546million, due to external debt servicing and other official payments.
… Read the restBank Alfalah’s profit improves 17 percent YoY in 1Q 2018
The Board of Directors of Bank Alfalah in their meeting held on 19 April 2018, approved the Bank’s un-audited financial statements for the quarter ended March 31, 2018. The Bank’s Profit before Taxation for the quarter ended March 31, 2018 was recorded at Rs.
MCB Bank and TCS enter into alliance for mutually beneficial services
MCB Bank Ltd, one of Pakistan’s largest private sector banks, has entered into an agreement with one of the country’s largest logistics services providers TCS Pvt. Ltd. for mutually beneficial services. With the collaboration, MCB customers will gain access to affordable holiday packages to premium destinations worldwide through TCS Intiana Travel and Tours services.
Engro Fertilizers “Aam Aadmi Nahin” recognized at PAS Awards 2018
Engro Fertilizer’s campaign “Aam Aadmi Nahin” has recently been recognized at the PAS Awards 2018 – an initiative of Pakistan Advertisers Society– under the category of Agriculture and Related Industry. The award-winning campaign sheds light on the lives of our nation’s farmers, our real heroes who despite facing struggles and hardships showcase immense resilience, and embrace each day with fresh hope.
Telenor presents ‘Motorcycle Girl’, an adventure based on the life of motorcyclist, Zenith Irfan
‘Motorcycle Girl’, a biopic on the achievements of Zenith Irfan, the first female biker to take a solo journey to Pakistan’s northern areas, was premiered in Karachi. Showcasing the feat of a young girl challenging stereotypes, the movie fits perfectly with Telenor’s brand philosophy of empowering Pakistanis so that they become the better version of themselves.
… Read the restThe Promise and Peril of Transformational Technology
By Chuck Hollis, senior vice president of cloud infrastructure at Oracle.
Every now and then, something comes along that fundamentally changes the way the world works. The microprocessor ushered in general-purpose computing. A DARPA research project became the internet. And smartphones permanently altered how we live our personal and professional lives.
… Read the restKarandaaz Pakistan paving the way for women’s financial inclusion
Karandaaz Pakistan arranged an international conference in Islamabad in partnership with The World Bank to share data insights on the state of financial inclusion of women in Pakistan and present Bill & Melinda Gates Foundation’s Global Strategy on Gender and Financial Inclusion.