Khushhali Microfinance Bank and Greenlight Planet partner to provide financing to advance solar energy access

Khushhali Microfinance Bank (KMBL), Pakistan’s largest microfinance bank, has partnered with Greenlight Planet, a global leader in solar home energy products. The partnership looks to address Pakistan’s energy consumption needs in a sustainable manner, as KMBL will now offer Greenlight Planet’s Sun King TM range of Solar Home Systems and Lighting Solutions on easy installments to its customers.

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Saudi Arabia is all ready to participate in multi billion CPEC project

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 Monday said according to the press briefing of information minister Fawad Chaudhry, Prime Minister Imran Khan has conducted successful visits of Saudi Arabia and United Arab Emirates wherein KSA and UAE have intended to boost mutual relations and investment in Pakistan.

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World Bank will continue to support Pakistan’s new government, James Brumby

3rd Financial Reform for Economic Development Forum jointly hosted by ICAP, ICMAP


Having participation from eminent speakers from IFAC, CAPA, SAFA, World Bank, India, Malaysia, Nepal, Pakistan, Philippines, Sri Lanka and Vietnam, The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountant of Pakistan (ICMAP) jointly hosted the 3rd Financial Reform for Economic Development (FRED) here at a local hotel in Karachi. 

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Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$15,790.1million on 14September2018.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$9,328.8million

Net foreign reserves held by commercial banks: US$6,461.3million

Total liquid foreign reserves     : US$15,790.1 million

During the week ending 14September2018,SBP’s reserves decreased by US$295million to US$9,329million, due to external debt servicing and other official payments.

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Chargé d’Affaires a.i. Ambassador Paul Jones joins American Embassy in Pakistan

Ambassador Paul Jones began his assignment as the Chargé d’Affaires a.i. at the United States Embassy today.  Ambassador Jones will lead the United States Mission in Pakistan in its ongoing efforts to deepen the connections between the Pakistani and American people, and work with the new government of Pakistan towards a more stable, secure, and prosperous future for Pakistan. 

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PM directs immediate finalization of LG system

Prime Minister Imran Khan Sunday directed for finalization of the Local Bodies System within next 48 hours. The prime minister said devolution of powers at the grass-roots level was the most important agenda of the PTI government. The objective behind this agenda was to empower the local people in the real sense, he added.

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PTCL signed a MoU with WWF-Pakistan

Pakistan contains a diverse topography of geographical features and is home to incredibly diverse flora and fauna. Over the last century, lack of understanding and awareness has led to human practices that have exploited the country’s natural resources without replenishing them.

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Pakistan, UAE leadership discuss strengthening economic cooperation, increasing bilateral investment

Pakistan and the United Arab Emirates, during state visit of Prime Minister Imran Khan to UAE, discussed strengthening economic cooperation and increasing bilateral investments and exerting all possible efforts to eliminate obstacles and overcome all difficulties that would obstruct the smooth flow of trade and investment between the two countries.

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