Karachi, May 29, 2019: Market bounced from the word Go. Within minutes of initial trading, the index was +150 points and did not look back. Clarity on Market Opportunity and Market Support Fund gave much-needed confidence amongst investors and the erosion saw yesterday in the shape of a drop of ~750 points were recovered today. …
Karachi, May 29, 2019: Easypaisa, the first and largest mobile financial service provider in the country has entered into an agreement with Haidri Beverages Pvt. Ltd. and Northern Bottling Co. Pvt. Ltd. for disbursement of retailer commissions through Easypaisa’s cashless distribution solutions. Haidri Beverages and Northern Bottling are the largest franchisees of Pepsi Cola International,…
Karachi, May 29, 2019: The SMS service launched by State Bank of Pakistan for issuance of fresh currency notes for Eid-ul-Fitr 2019 attracts a huge response. State Bank of Pakistan (SBP) appreciates the interest shown by the general public in its 8877 SMS service for obtaining fresh notes for Eid. This year service was launched…
Karachi, May 29, 2019: Jazz, Pakistan’s leading digital communications organization has partnered with Gemalto, an international digital security firm for the launch of the country’s first ever eSIM (embedded SIM) subscription management platform. The eSIM solution will offer subscribers who own compatible handsets the freedom to integrate multiple SIM card numbers directly into their phones oriOTdevices,…
Karachi, May 29, 2019: Pakistan Weaving Mills Association’s Chairman, Yousuf Yaqoob has expressed his dismay over the spike in SBP Policy Rate from 6.0 percent to 12.25 percent by 150bps since January 2018 when the State Bank began raising interest rates, it has more than doubled, making this one of the sharpest cycles of monetary…