The COVID-19 pandemic has created major financial challenges for businesses and consumers alike. As money management becomes increasingly digital, fintechs play a pivotal role in helping to restore and rebuild the global economy. To provide increased support for the ecosystem, Visa (NYSE: V) today announced two new components of its fintech Fast Track program, “A rich Partner Toolkit to help fintechs accelerate their growth and better serve their customers” and “A certification program called Visa Ready for Fintech Enablers, which makes it easier for fintechs to quickly connect with certified partners for digital issuance and other key services”.
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banking network, together with Pakistan International Airlines (PIA), carried out the first ballot for four winners for the “Welcome Home – Roshan Digital Account” campaign, during a ceremony held at Faysal House, Karachi.
The groundbreaking ceremony of the second out of five Centres of Excellence (CoEs) aimed at improving the quality of technical and vocational education and training in the country under the donor-funded TVET Sector Support Programme (TVET SSP) was held here on Monday.
Lt. Col (Retd) Akbar Shareef, Chairman and CEO of Rakaposhi Tours Private Limited Pakistan, received the Pacific Asia Travel Association (PATA) Life Membership award, during the 69th Annual General Meeting held online.
Currently serving as the Chairman of PATA, Pakistan chapter, the highly esteemed PATA Life Membership award was bestowed upon him in recognition of his significant leadership in the tourism sector and invaluable dedication to PATA.
Dawlance – the technology leader in Pakistan’s home-appliances industry, recently celebrated ‘Universal Children’s’ Day’ at Dar-ul-Sukun – one of the most prestigious humanitarian institutions in Karachi. As part of “Dawlance for Humanity” initiative, Dawlance carried out valuable training sessions, where the renowned expert – Dr.
The Governing Body of Arts Council of Pakistan Karachi has approved the Urdu Conference to be held in open spaces within the premises of the Arts Council from December 3 to 6, following the COVID-19 SOPs. The meeting was presided over by President Mohammad Ahmad Shah.
In order to encourage and honour its hockets on winning 66th National Hockey Championship, a prize distribution ceremony was held at WAPDA House today under the aegis of WAPDA Sports Board (WSB). WAPDA Chairman and WSB Patron-in-Chief Lt Gen Muzammil Hussain (Retd) was the chief guest of the ceremony, who presented cash awards worth Rs.
Asia is embarking on a mobility revolution that could revitalise economies and drive more sustainable development for future generations, states a report launched today by Shell. ‘Cities On The Move: Driving Asia’s Mobility Revolution’ is Shell’s first ever review of mobility in the region.
Systems Limited – a next-generation global technology company enabling enterprises to reimagine their businesses through information technology (IT) and business process outsourcing (BPO) services out of Pakistan is the only IT company that has bagged the most prestigious Forbes Asia’s top 200 under a billion 2020 award.
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) signed an MOU with MUSIAD, Turkey to facilitate trade and business opportunities between Pakistan and Turkey. The Virtual Signing Ceremony was held by video-link. Sheikh Sultan Rehman, Vice President Federation of Pakistan Chambers of Commerce and Industry said that this MOU is the first step towards strengthening and revitalizing trade between Pakistan and Turkey.
Following the rising cases of Corona and partial lock down in different cities, coinciding with the roll-over week, the KSE100 index took heavy bantering that resulted in Index losing 873pts during the session and closing -478pts (unadjusted). O&GMCs, Banks, Cement sector stocks played major role in this drop.
Pakistan is one of the fastest-growing and maturing ICT markets in the region today. The nation’s leaders recognize that digital infrastructure forms the building blocks of a more intelligent society, and that the people who work within the sector are helping to spur all local industries forward while contributing to the Digital Pakistan Vision.
To address the challenges faced by the Dairy Sector in Pakistan, Bank of Punjab and FrieslandCampina Engro Pakistan Limited have entered into a collaboration to deliver easily accessible financing to dairy farmers, through Bank of Punjab branches all over the country.
At its meeting on 23rd November 2020, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. The MPC noted that since the last meeting in September, the domestic recovery has gradually gained traction, in line with expectations for growth of slightly above 2 percent in FY21, and business sentiment has improved further.
Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday lauded the decision of the government to ban investment by institutions in the national saving schemes (NSS).