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Bank Alfalah, NBP and Mastercard unite to facilitate donations for COVID-19 Relief Fund

Karachi, June 10, 2020: Strengthening its commitment to supporting the Pakistani government during the COVID-19 crisis, Bank Alfalah has joined forces with Mastercard and National Bank of Pakistan (NBP) to provide a safe online donation portal to support those in need during the pandemic. Through the platform, people can now securely donate to Prime Minister…

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President approves amendments to companies act to facilitate startups

Karachi, May 04, 2020: President Dr Arif Alvi has approved amendments in Companies Act 2017 to provide an enabling regulatory framework to facilitate startups in Pakistan. These amendments were proposed by the Securities and Exchange Commission of Pakistan (SECP) to help promoting and nurturing startups as well as attract local and international innovators. The Companies…

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Daraz launches Humqadam program with Rs 4.5 crore subsidy to facilitate businesses transitioning online

Karachi, May 01, 2020: Daraz, the leading online marketplace in the country, has launched the Humqadam program to lessen the financial duress on small-and-medium enterprises during a period of economic instability caused by the outbreak of the COVID19 pandemic. With the Humqadam program, Daraz is offering a subsidy of PKR 4.5 crore to small-and-medium businesses…

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K-Electric offers installment option for ISPA arrears to facilitate industries

Karachi, April 30, 2020: In line with the Ministry of Energy’s directives, Industrial Support Package (ISPA) arrears for the period July-December 2019 were applicable in March2020. However, in light of the current COVID-19 crisis and the resulting unprecedented situation, K-Electric, on the request of industrial consumers, extended relief to the industrial sector by deferring the collection…

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