HugoBank to launch digital banking in Pakistan

HugoBank is humbled to announce its receipt of the In-Principle Approval (IPA) for its Digital Retail Banking (DRB) license from the State Bank of Pakistan (SBP) under its Licensing and Regulatory Framework for Digital Banks. This significant milestone positions HugoBank as a retail bank offering various exciting financial services primarily through digital channels, transforming the banking experience for millions of Pakistanis.… Continue

Al-Shifa Trust cautions against glaucoma rising in children.

Glaucoma is a dangerous eye ailment affecting more and more children worldwide and in Pakistan. This disease can cause vision problems and even blindness if not cured promptly, Al-Shifa Trust Eye Hospital said Wednesday. The situation has become alarming, unnerving the eye care professionals, as the many affected children and adults are not getting timely treatment, it said.… Continue

CJP Qazi Faiz Isa is improving the judicial system

Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that the new Chief Justice of the Supreme Court, Qazi Faiz Isa, has taken commendable steps as soon as he took charge.… Continue

Transforming your living room into a stadium: A guide to choosing the perfect TV for sports enthusiasts

Sports, whether it’s football, tennis, or cricket, hold a special place in the hearts of millions, bringing generations together through their shared passion. The appeal of sports goes beyond just being a game; it’s a force that brings people closer. What better way to fully immerse yourself in the world of sports than by turning your living room into an exciting arena?… Continue

Zong 4G’s exclusive PUBG Mobile Bundle

Zong 4G, the network of choice for Pakistan’s vibrant youth, is elevating your gaming experience with its popular PUBG Mobile Bundle! This is an unprecedented deal for all gaming enthusiasts – your ultimate pass to uninterrupted action.

As mobile gaming surges in popularity among the nation’s youth, Zong 4G is all ears to the needs of our data-hungry players and their gaming requirements.… Continue

Industrialists urged to notify KATI promptly about authorities’ notices, KATI President.”

In a recent meeting, President Faraz-ur-Rehman of the Korangi Association of Trade and Industry (KATI) and Chairman Shah Faisal Town, Gohar Khattak, discussed the pressing issues surrounding unjustified notices and harassment faced by industrialists operating within KATI. The meeting also delved into the new demarcation of the Korangi Industrial Area, aiming to clarify industrial zones.… Continue

Zindigi and EFU collaborate to digitise the insurance landscape.

Zindigi, a key player in digital financial services, has joined forces with EFU Life Assurance, a leading life insurance provider in Pakistan. This partnership is aimed at offering insurance solutions to safeguard against uncertainty and rising prices, empowering people in Pakistan to protect their physical, mental, and financial well-being through digital insurance products.… Continue

World’s first Shariah-Compliant OPD Company, siha health & wellness, acquired by Tabani Group

Tabani Group, a renowned business conglomerate in Pakistan, has acquired the world’s first and only Sharia-Compliant OPD Company Siha Health and Wellness Private Limited, as a subsidiary. The company has been accredited unanimously by 17 Islamic scholars from Pakistan, Africa, UAE, India, and Bangladesh as a fully Shariah-compliant entity.… Continue

Pakistan Economy – Pak Rupee: Recent gain & outlook

Pakistan’s currency has once again made headlines, but this time it’s due to administrative measures that have resulted in the PKR gaining value in both the official interbank market and the open market. Ever since the caretaker government took charge on August 14, 2023, in Pakistan, the PKR came under pressure amid speculation that the non-political caretaker setup might allow the currency to adjust to market forces in line with IMF instructions.… Continue

Pakistan Technology: IT Exports up 10% MoM in August 2023; Net IT Exports up 4% in 2MFY24

Pakistan’s Information Technology (IT) exports for August 2023 of US$235mn are up by 10% MoM. Segment-wise, Telecom and Computer Services increased by 12% and 9% MoM, respectively.

August 2023 IT export inflows are better than last 12-month average of US$218mn.

IT exports in August 2023 improved on a MoM basis, mainly due to a higher number of working days compared to July 2023.… Continue

CMA CGM and Maersk join forces to accelerate the decarbonisation of the shipping industry

  • Both CMA CGM and Maersk have set ambitious Net Zero target and invest extensively in the energy transition in shipping.
  • The two leading shipping companies will work together to develop the use of alternative greener fuels for container vessel propulsion.
  • Maersk and CMA CGM affirm their readiness to collaboratively engage with regulatory stakeholders to secure the decarbonization of the sector.

Trust, corruption and sustainable development are interconnected issues in the public’s attitude towards tax

The Public Trust in Tax survey, which questioned 7,700 members of the public across the globe, shows that accountants have a major role to play in addressing corruption, which negatively impact on attitudes towards tax in economies.

Results show that 53.8% consider corruption a major factor, however most people believe the role of professional accountants contributes to improving tax systems by making them more efficient (59%), more effective (57%), and fairer (55%).… Continue

‘Live easy’ with easypaisa: Redefining financial empowerment

In its ongoing commitment to providing convenience and reliability to millions of Pakistanis, easypaisa, the country’s leading digital financial services platform has launched ‘Live easy’, a unique campaign that aims to showcase easypaisa’s diverse use cases that bring ease and convenience into everyday lives of users and simplify financial matters.… Continue

Introducing Zong 4G’s innovative IR Bundle for UK Travel

Zong 4G, Pakistan’s leading telecommunications provider, brings forth its latest innovation: the International Roaming (IR) Bundle tailored specifically for travelers heading to the United Kingdom. Designed to offer a seamless and cost-effective solution for staying connected while exploring the United Kingdom’s sights, this offer sets a new standard in travel convenience.… Continue

YourNest Pakistan hosts grand launch event in Karachi

YourNest Pakistan hosted the YourNest Pakistan Launch Event on in Karachi. The event, attended by distinguished guests, marked a significant milestone for YourNest Pakistan as it introduced Australia’s leading property development companies and announced their visionary plans for Pakistan.

The event was hosted by Mr.… Continue

Garaj, Paysys Labs partner to boost digital financial services

Garaj, Pakistan’s largest local cloud service provider, and Paysys Labs, a trusted name in digital financial services, have joined forces to collaborate on initiatives related to the digitization of payments and financial services.

Under this partnership, Garaj will be equipping Paysys Labs with an enterprise-grade platform and state-of-the-art infrastructure for the latter’s utilization, offering them access to Pakistan’s largest Tier-3 certified data center to support Paysys Labs’ financial services initiatives.… Continue