KARACHI, November 19 2024: In October, Pakistan’s current account balance recorded a surplus of $349 million, bringing the four-month figure for FY25 to a modest $218 million. This positive trend, while encouraging, comes against the backdrop of a fragile economy grappling with subdued growth and constrained international financing options. Exports and Remittances Offer a Buffer…
KARACHI, November 18 2024: In a pioneering collaboration, TPL Insurance Ltd. has teamed up with Samba Bank Limited to launch a cutting-edge digital transaction insurance product. This new offering aims to protect Samba Bank’s customers from digital transaction risks such as account hijacking, unauthorized transactions, social engineering, and ATM theft. As Pakistan’s leading Insurtech provider,…
Baku, ( Azerbaijan ) November 18 2024: In a momentous address at COP29, Chief Minister of Sindh, Syed Murad Ali Shah, spotlighted the Sindh People’s Housing for Flood Affectees (SPHF) program, presenting it as a model for climate-resilient reconstruction and a beacon of hope for flood-affected communities. The initiative, larger in scale than the population…
KARACHI, November 18 2024: The two-day extravaganza of the 61st Sindh Open and Boys Age Group Swimming Championship, organized by the Sindh Swimming Association and supported by Naya Nazimabad Gymkhana, came to a spectacular end. In what was a display of excellence, Karachi Grammar School swimmers once again dominated the event, which was held at…
KARACHI, November 18 2024: Telenor Microfinance Bank (TMB), the operator behind Pakistan’s leading digital financial services platform, easypaisa, has announced the successful receipt of US$10 million in equity investment from its shareholders, Telenor Group and Ant Group. This investment comes as easypaisa prepares to launch its digital retail banking operations, subject to regulatory approvals, marking…