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Pakistan Strategy – Why further policy rate cuts are warranted?

  • Post author:Siddiqi
  • Post published:May 14, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

Monetary Policy Committee (MPC) of the State Bank of Pakistan will announce its bi-monthly monetary policy coming Friday (May 15, 2020) in which we expect the committee to cut Policy…

Continue ReadingPakistan Strategy – Why further policy rate cuts are warranted?

Greenstar conducts nationwide relief efforts against COVID-19

  • Post author:Siddiqi
  • Post published:May 14, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

One of the most resourceful institutions, specialized in family-planning and community health programs - GreenStar Social Marketing (GSM) has been busy as a front-line force, to safeguard the health of…

Continue ReadingGreenstar conducts nationwide relief efforts against COVID-19

Hysab Kytab unveils the Impact of COVID-19 on Consumer Spending in Pakistan

  • Post author:Siddiqi
  • Post published:May 14, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

In its first ever webinar, attended by over 800 participants, Hysab Kytab shared their insights on the impact COVID-19 has had on consumer spending in Pakistan. A fintech solutions provider,…

Continue ReadingHysab Kytab unveils the Impact of COVID-19 on Consumer Spending in Pakistan

Din Group donates Rs. 10 million to PM Corona Relief Fund

  • Post author:Siddiqi
  • Post published:May 14, 2020
  • Post category:Uncategorized
  • Reading time:1 mins read

Renowned Industrialist and leader of Business community SM Muneer has donated Rs. 10 million to Prime Minister's Corona Relief Fund. Executive Directors of Din Group Shaikh Muhammad Naveed and Faisal…

Continue ReadingDin Group donates Rs. 10 million to PM Corona Relief Fund

Gas & Oil Pakistan to introduce electric vehicle charging facilities

  • Post author:Siddiqi
  • Post published:May 14, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

Gas & Oil Pakistan Limited (GO), the fastest growing Oil Marketing Company (OMC) in Pakistan has announced that it has become the first OMC in Pakistan to introduce Electric Vehicle…

Continue ReadingGas & Oil Pakistan to introduce electric vehicle charging facilities

Pakistan’s liquid foreign reserves fall last week

  • Post author:Siddiqi
  • Post published:May 14, 2020
  • Post category:Uncategorized
  • Reading time:1 mins read

According to State Bank of Pakistan, the total liquid foreign reserves held by the Pakistan stood at US$ 18,744.5 million on 08-May-2020. The break-up of the foreign reserves position is…

Continue ReadingPakistan’s liquid foreign reserves fall last week

QR Payments – Safe and Practical

  • Post author:Siddiqi
  • Post published:May 14, 2020
  • Post category:Uncategorized
  • Reading time:4 mins read

The Coronavirus pandemic has forced us all into self-isolation. Undoubtedly, carrying out day to day activities has become quite inconvenient, but strictly following social distancing practices is of the utmost…

Continue ReadingQR Payments – Safe and Practical

ECC approves multi-billion package to boost agriculture, support farmers

  • Post author:Siddiqi
  • Post published:May 13, 2020
  • Post category:Uncategorized
  • Reading time:6 mins read

The Economic Coordination Committee (ECC) of the Cabinet has approved a multi-billion agriculture package to provide the farmers subsidy on fertilizers, reduction in bank mark-up on agriculture loans, subsidy on…

Continue ReadingECC approves multi-billion package to boost agriculture, support farmers

Contracts awarded for Diamer Basha dam construction, consultancy services

  • Post author:Siddiqi
  • Post published:May 13, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

In the wake of a meeting presided over by Prime Minister Mr. Imran Khan couple of days ago about water security and construction of mega dams including Diamer Basha Dam…

Continue ReadingContracts awarded for Diamer Basha dam construction, consultancy services

Shell Pakistan offers free fuel coupon to NDMA

  • Post author:Siddiqi
  • Post published:May 13, 2020
  • Post category:Uncategorized
  • Reading time:1 mins read

Mr. Imran Qureshi representative of Shell Pakistan Ltd, met Chairman NDMA Lt. Gen. Muhammad Afzal in Islamabad today. During meeting, Shell Pakistan Ltd.as part of its corporate social responsibility (CSR)…

Continue ReadingShell Pakistan offers free fuel coupon to NDMA

Voluntary licensing agreements for Remdesivir

  • Post author:Siddiqi
  • Post published:May 13, 2020
  • Post category:Uncategorized
  • Reading time:1 mins read

Gilead has signed non-exclusive voluntary licensing agreements with five generic pharmaceutical manufacturers based in India and Pakistan to further expand supply of Remdesivir. The agreements allow the companies – Cipla…

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Services sector shrinking at a fast pace, top businessman feared

  • Post author:Siddiqi
  • Post published:May 13, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

FPCCI's Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said that the services sector serving…

Continue ReadingServices sector shrinking at a fast pace, top businessman feared

KCCI urges shopkeepers to strictly adhere to SOPs, negligence to create disastrous situation

  • Post author:Siddiqi
  • Post published:May 13, 2020
  • Post category:Uncategorized
  • Reading time:4 mins read

President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has urged shopkeepers of each and every commercial market across Karachi to strictly adhere to all the Standard…

Continue ReadingKCCI urges shopkeepers to strictly adhere to SOPs, negligence to create disastrous situation

Telenor Microfinance Bank wins “The Innovators 2020” Award for Easypaisa App

  • Post author:Siddiqi
  • Post published:May 12, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

Telenor Microfinance Bank's mobile banking platform, Easypaisa has been awarded by Global Finance Magazine as 'The Innovators 2020' in the field of Payments. The Easypaisa App has been recognized for…

Continue ReadingTelenor Microfinance Bank wins “The Innovators 2020” Award for Easypaisa App

MakeaMask Campaign

  • Post author:Siddiqi
  • Post published:May 12, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

Striving to build awareness on the importance of wearing masks, JS Bank along with its implementing partner, the Mahvash and Jahangir Siddiqui Foundation has launched an innovative #MakeaMask Campaign to…

Continue ReadingMakeaMask Campaign

Pakistan fertilizer industry outlooks

  • Post author:Siddiqi
  • Post published:May 12, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

Despite a steep decline of 25% yoy in urea offtake in 1QCY20, we believe that urea demand will rebound in the remainder of CY20f. The combination of lower urea prices,…

Continue ReadingPakistan fertilizer industry outlooks

Pakistan fertilizer industry outlooks

  • Post author:Siddiqi
  • Post published:May 12, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

Despite a steep decline of 25% yoy in urea offtake in 1QCY20, we believe that urea demand will rebound in the remainder of CY20f. The combination of lower urea prices,…

Continue ReadingPakistan fertilizer industry outlooks

Karandaaz subsidizing design thinking services to swell financial inclusion

  • Post author:Siddiqi
  • Post published:May 12, 2020
  • Post category:Uncategorized
  • Reading time:4 mins read

Karandaaz has announced the launch of a new programme to subsidize design thinking services for Digital Financial Service (DFS) providers offering products and services through mobile and web-based platforms. Karandaaz…

Continue ReadingKarandaaz subsidizing design thinking services to swell financial inclusion

Auto industry sales drop down in Pakistan due to lockdown

  • Post author:Siddiqi
  • Post published:May 12, 2020
  • Post category:Uncategorized
  • Reading time:1 mins read

During Apr '20, Pakistan's auto industry sales stood at only 39 units thus pushing 10MFY20 auto sales to 98,449 units, down 52%, YoY, attributable to countrywide lockdown in place following…

Continue ReadingAuto industry sales drop down in Pakistan due to lockdown

Greenstar celebrates Mother’s Day with a commitment to female-health.

  • Post author:Siddiqi
  • Post published:May 12, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

Greenstar Social Marketing (GSM) conducted a special session on facebook, to commemorate the occasion of Mother's Day 2020. This emotionally rich event inspired the families, to cherish the selfless love…

Continue ReadingGreenstar celebrates Mother’s Day with a commitment to female-health.

FEROZ enters negotiations for production of Remdesivir in Pakistan

  • Post author:Siddiqi
  • Post published:May 12, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

In an exchange filing yesterday, Ferozsons Laboratories Limited (FEROZ) notified that it has entered negotiations, via its 80% owned subsidiary BF Biosciences Limited (BFBL), to potentially reach a non-exclusive license…

Continue ReadingFEROZ enters negotiations for production of Remdesivir in Pakistan

Thar Foundation distributes ration packages to 2730 deserving households

  • Post author:Siddiqi
  • Post published:May 12, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

After establishing an isolation center to facilitate Coronavirus patients and a free Coronavirus testing center in Tharparkar, Thar Foundation has completed its first phase of "COVID-19 Community Relief Program" by…

Continue ReadingThar Foundation distributes ration packages to 2730 deserving households

Workers’ remittances increased in Pakistan

  • Post author:Siddiqi
  • Post published:May 12, 2020
  • Post category:Uncategorized
  • Reading time:1 mins read

The Workers' Remittances received during July – April FY20 amounted to US $ 18,781.6 million recording an increase US $ 980.6 million or 5.5 percent over remittances received during July…

Continue ReadingWorkers’ remittances increased in Pakistan

Businessmen see wheat crisis in the country

  • Post author:Siddiqi
  • Post published:May 11, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

FPCCI's Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said the country is on the…

Continue ReadingBusinessmen see wheat crisis in the country

FINCA Pakistan employees contribute to PM’s COVID Relief Fund

  • Post author:Siddiqi
  • Post published:May 11, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

Playing its role in supporting the nation in times of crisis, FINCA Microfinance Bank Pakistan and its employees donated PKR 2 Million to the Prime Minister's COVID 19 Relief Fund.…

Continue ReadingFINCA Pakistan employees contribute to PM’s COVID Relief Fund
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