Economy
Mastercard expands partnership with SadaPay to address financial needs of Pakistan’s SMEs and freelancers
Islamabad, January 29, 2024: Mastercard and SadaPay have expanded their strategic business partnership to launch SME debit and credit cards in Pakistan. The multi-year collaboration will see the two companies boost financial inclusion among the country’s small businesses and freelancers. Pakistan is home to over 5.2 million MSMEs and a booming digital payments landscape. The…
First formal company for physical and online buying and selling of gold in Pakistan established
Karachi, January 29, 2024: The first formal company for online and physical trading of gold will starts operation in Pakistan from January 30, 2024 in Karachi that will eliminate speculations in gold trade and price Manoeuvring in the local market. Approved by Securities and Exchange Commission of Pakistan (SECP) and Pakistan Mercantile Exchange Company (PMEX),…
Notification for power tariff at 9 cents/KWh to industrial consumers still awaited
Karachi, January 27, 2024 : President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has urged that in addition to immediately releasing the already earmarked Rs7 billion against previous incremental consumption package, the government must also arrange the remaining Rs21 billion as a total of Rs28 billion were pending on incremental consumption of…
SMK Paracha association launches Holistic support for members amid economic challenges
Karachi, January 26, 2024 : SMK Paracha Association organized a meeting that brought together a distinguished group of members acknowledged for their outstanding contributions to humanitarian services. The event witnessed the participation of notable individuals, including Mohammad Usman Paracha, Mohammad Yousuf Paracha, Abdul Rauf Paracha, Dr Afzal Paracha, Qasim Paracha, Taha Nawaz Paracha, Mohammad Saleem…
Governor SBP inaugurates a Japanese pottery exhibition to promote collaboration between Pakistan and Japan
Governor State Bank of Pakistan (SBP) Mr. Jameel Ahmad inaugurated a Japanese pottery exhibition ‘Yakishime – Earth Metamorphosis’ at the State Bank Museum. He was accompanied by the Deputy governor SBP Mr. Saleem Ullah and the senior management of the Bank. This two-week exhibition by the Japan Foundation is among the activities by the Consulate…