In a strategic decision, Mobilink has outsourced its contact centers in Islamabad and Karachi to Ibex Global, a wholly owned subsidiary of ‘The Resource Group’ (TRG) International and Mindbridge. The deal will see Ibex Global retain Mobilink’s current contact center staff on similar financial remunerations, and Mobilink has ensured that there will be no loss of jobs. … Continue

Mr. Atif Bajwa, CEO Bank Alfalah (left) and Sikander Mustafa Khan, Chairman, Millat Tractors Limited (right) at the MOU signing ceremony, which were signed between their respective companies. Bank Alfalah has partnered with Millat Tractors to provide innovative vendor financing solutions.… Continue

Pakistan government in federal budget 2016-17 has allocated Rs36 billion subsidies on urea and announced a massive cut in sales tax in order to boost up fertilizer sales in country. These measures have generated hope of a 20 percent cut in domestic fertilizer prices during the upcoming crop season, analysts said on Tuesday.… Continue

Pakistan Stock Exchange (PSX) has organized a media briefing to discuss re-entry of Pakistan Capital Market into MSCI Emerging Market Index, at Karachi Press Club yesterday. Mr. Muneer Kamal, Chairman, Pakistan Stock Exchange (PSX) Mr. Nadeem Naqvi, Managing Director, PSX and Deputy MD Haroon Askari have presented a background and their efforts to get reinstate in the index.… Continue

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President of Korangi Association of Trade & Industry (KATI) Zahid Saeed urged for pre-monsoon arrangements in Karachi. He referred to recent forecast of heavy rains by weather department. He said that water drainage system of the metropolis has been collapsed and need cleaning and reconstruction on different spots and location.… Continue

National Investment Trust Limited (NITL), the largest Asset Management Company of Pakistan has declared interim distribution for all Funds under its management for the year ending June 30, 2016. The announcements were made through a press release issued by NITL on June 15, 2016 after its Board of Directors approved the interim distribution for all Funds under its management.… Continue

K-Electric and SINA Health Education and Welfare Trust signed an MoU whereby KE will be providing 100% free electricity to the non-profit organization. SINA is the 15th partner in the K-Electric Social Investments Program (SIP), an initiative which empowers institutions working to bring social change to Pakistan by providing them free electricity.… Continue

Pakistan’s first and largest branchless banking service Easypaisa has partnered with Inbox Technologies for the upcoming Metro Bus mass transit project to operate in Lahore and Multan. While Inbox Technologies handles the automated fare collection and bus scheduling system, Easypaisa will be the distribution and cash management partner offering 33 Easypaisa shops for facilitating ticket bookings, smart cards sales, and recharge options at convenient locations.… Continue

Telenor Group has aqppointed Irfan Wahab Khan as Chief Executive Officer of Telenor Pakistan. The current CEO of Telenor Pakistan, Michael Foley,will join Telenor Bulgaria on the same position and continue as Chairman of the Board of Directors of Tameer Microfinance Bank in Pakistan.… Continue

The Institute of Business Administration (IBA), represented by its Acting Dean & Director Dr. Sayeed Ghani, signed a MoU with The Citizens Foundation, represented by its President and CEO Mr. Syed Asaad Ayub Ahmad, at the IBA Main Campus to prepare TCF students for University testing and offer operational and consultative support.… Continue

In the true essence of financial empowerment for the masses of Pakistan, Easypaisa is once again leading the industry with the launch of a term deposit plus running finance offer. Based on its reputation for understanding customer needs, Easypaisa’s dual value product is unlike any other currently in the market.… Continue

Huawei Pakistan has promoted – Mr. Fraz Malik Khan as Deputy General Manager of its Device Department. The leading technology company – Huawei has acknowledged the competent performance and managerial expertise of Mr. Fraz Khan, to entrust him with these important responsibilities, to drive the strategic development and planning functions for the world-renowned brand in Pakistan.… Continue

Bank Alfalah entered into a partnership with Australian Institute of Management (AIM). This picture shows Mr. Atif Bajwa, CEO, Bank Alfalah (seventh from left) and Mr. Peter Mobbs, CEO, AIM (eighth from left) along with their teams at the Bank Alfalah Learning Center, Karachi.… Continue

Young Pakistanis Presents Winning Solution to Address Youth Unemployment in Asia at Telenor Youth Forum

A two-day forum organized by Telenor Group to explore, discuss and develop solutions to some of the most daunting challenges facing Asia’s youth recently concluded in Bangkok, Thailand, with a Pakistani delegate presenting the winning solution to address youth employment.… Continue

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Putting its next-generation IoT product ‘Telenor Companion’ watch to test for the social good, Telenor Pakistan collaborates with Picture Autism, a nonprofit working to create awareness about Autism in Pakistan. The pilot phase comprises distribution of Companion watches among autistic children and to test its efficacy in addressing the needs of autistic children and their families.… Continue

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The Pakistan Telecommunication Authority (“PTA”) has today approved the merger of Pakistan Mobile Communication Limited (“Mobilink”) and Warid Telecom (Private) Limited (“Warid”)*. This is yet another milestone in the regulatory process and follows the approval granted in March, 2016 by the Competition Commission of Pakistan.… Continue

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CEO Telenor Pakistan made a courtesy call to the Chief Minister of KPK today. They discussed Telenor Pakistan’s contribution to the society and joint ongoing projects between the Government of KPK and Telenor Pakistan. Picture shows (L-R): Nasruminallah Mian, Director Public & Government Affairs Telenor Pakistan, Mr.… Continue