NBP makes significant strides in PMYBL Scheme as disbursements soar to Rs 15 billion

Loan disbursements of the National Bank of Pakistan (NBP) under the Prime Minister Youth Business Loan (PMYBL) scheme rose to approximately Rs.15 billion with total number of borrowers exceeding 14,700 by December, 28 2016. “NBP effectively improved its internal processes for disbursement, and as a result we have witnessed significant growth in loan figures disburse under the PMYBL scheme,” said the NBP spokesperson.

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TPL Life Insurance introduces an Exclusive Flagship TPL Life Lounge & Healthcare Services at Ziauddin Hospital

TPL Life Insurance is now providing access to an exclusively designed TPL Life Lounge & Healthcare Services for its customers at Ziauddin Hospital. The unveiling ceremony of the newly opened TPL Life Lounge at Ziauddin Hospital took place with the core management of TPL Life Insurance and various dignitaries of the hospital present.

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Zong mini CSC officially launched at LUMS

Zong, Pakistan’s No 1 Data Network has partnered with Pakistan’s leading educational institute, Lahore University of Management Sciences (LUMS) to officially launch a mini sales and service center exclusively for LUMS.


LUMS students, faculty members and visiting students will now be able to avail the latest offers and services of Zong at their very-own centre.

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President Karachi Chamber of Commerce & Industry (KCCI) Shamim Ahmed Firpo presenting KCCI’s crest to Federal Insurance Ombudsman M. Raeesuddin Paracha at the Seminar on “Public Awareness about dispute resolution mechanism of Federal Insurance Ombudsman” at KCCI. Senior Vice President KCCI Asif Nisar, Vice President KCCI Muhammad Younus Soomro and others are also present at the picture.

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Hamdard gets FPCCI Export Award 2016

Dr. Navaid ul Zafar, Managing Director, Hamdard Laboratories (Waqf) Pakistan receiving FPCCI Export Award 2016 on the best export of Rooh Afza from Prime Minister of Pakistan Muhammad Nawaz Sharif in the 40th FPCCI Export Award Ceremony held at a Pak-China Friendship Centre Islamabad.

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JazzCash and HomeSend Partner for Collection of International Remittances

JazzCash, Mobilink’s Mobile Financial Services arm, has teamed up with HomeSend to let its users receive international remittances directly in their Mobile Accounts. JazzCash is the first mobile financial service provider to integrate with HomeSend and offers real-time transfers. Customers can then cash-out from JazzCash’s 65,000-strong agent network, Jazz Experience Centers, Jazz Points, Mobilink Microfinance Bank branches (MMBL) and ATMs across Pakistan.

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VimpelCom and Dhabi Group announce completion of Mobilink and Warid deal

 VimpelCom, Global Telecom Holding (GTH), together with Warid Telecom Pakistan and Bank Alfalah (Dhabi Group shareholders), have received the approvals from Islamabad High Court to merge Pakistan Mobile Communications Limited (Mobilink) and Warid Telecom (Warid). Earlier this year Mobilink and Warid had received approvals from Pakistan Telecom Authority, Competition Commission of Pakistan, Securities and Exchange Commission Pakistan, local and international creditors and State Bank of Pakistan.

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Telenor Khushaal Zamindar wins PIF award

Pakistan’s premier telecom and digital services provider, Telenor Pakistan’s mobile-agriculture service ‘Khushaal Zamindar’ has bagged the prestigious Pakistan Innovation Foundation (PIF) Award in the ‘Agri & Rural Innovation’ category at the 3rd Annual Pakistan Innovation Forum 2016. Poised to be Pakistan’s first mobile-agri service, ‘Khushaal Zamindar’ offers a host of solution-focused and ground-breaking advisory services which aim to facilitate increase in agricultural yield and trigger robust growth in the agriculture sector of Pakistan.

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PSX receives bids for divestment of its shares

In order to sell 40% equity stake held by existing shareholders of Pakistan Stock Exchange Limited (Formerly: Karachi Stock Exchange Limited) [“PSX”] under Stock Exchanges (Corporatization, Demutualization and Integration) Act, 2012 and Regulations framed there under, the Divestment Committee of PSX, under the chairmanship of Mr.

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Deep research in Tibb-I-Unani’s medicines stressed

A one-day Seminar on “Hepatitis” was held yesterday in continuation of a series on ‘education and training of Tibb-i-Unani’s physicians’ at Bait al-Hikmah auditorium, Madinat al-Hikmah, Karachi. Speaking on the occasion Dr. Navaid ul Zafar, Managing Direcator, Hamdard Laboratories (Waqf) Pakistan said, if we wanted to get Tibb-i-Unani recognized on world level there was no other way than to adopt research culture in this system of medicine.

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JazzCash and Micro Ensure Pakistan launch JazzCash Sehat Sahulat

Recently, JazzCash entered in to a strategic alliance with MicroEnsure Pakistan, a leading provider of mass market insurance worldwide, whereby innovative small ticket insurance products and solutions were to be offered JazzCash customers. Understanding the scarcity of financial issues related to healthcare matters and scarcity of health insurance products for the common person in Pakistan, the two organizations worked together and developed an innovative solution in partnership with a leading local insurance company.

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5th Pakistan Mega Leather Post Show Report