Islamabad, January 01, 2024 : On Monday, the Oil and Gas Regulatory Authority (OGRA) declared a substantial hike in the price of liquefied petroleum gas (LPG), to take effect from January 1, 2024. According to a notification, the regulatory authority has established the price of locally produced LPG at Rs256.42 per kg, marking an increase…
Karachi, January 01, 2024 : Adeel Siddiqui, Coordinator of Businessmen Panel Progressive (BMPP), attributed the clean sweep in the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) elections to the pivotal role played by the Chambers of Commerce & Industry of Sindh, supported by the Associations. He highlighted that the successful candidates achieved a…
Karachi, January 01, 2024: As the year 2024 begins, JS Bank, one of the fastest-growing banks in Pakistan, reflects on its journey of progress and growth to provide the best-in-class services to its customers. In a year full of memorable highlights, the acquisition of BankIslami was a major milestone for JS Bank, reiterating its commitment…
Islamabad, January 01, 2024 : Mobilink Bank stood out for its commitment to empowering Micro, Small, and Medium Enterprises (MSMEs), constituting a significant 36% of its total loan portfolio and a noteworthy MSME Growth (YoY) of 41% in 2023. The Bank strongly advocates for social mobility, especially in empowering MSMEs and women across remote rural…
Quarterly Payment Systems Report for the quarter Q1 of FY2023-24 is released by the State Bank of Pakistan (SBP), highlighting key advancements within the country’s payment ecosystem and providing an inclusive overview of digital transactional activities. As of quarter-end, there were 33 Banks, 11 Microfinance Banks (MFBs), 4 Electronic Money Institutions (EMIs) and 5 Payment…