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…
Islamabad, November 15 2024: A delegation from the Senate Affairs Committee of Spain, led by prominent senators, met with Federal Minister for Board of Investment, Privatization, and Communications Abdul Aleem Khan to explore avenues for bilateral cooperation and investment between Pakistan and Spain. The delegation included Spanish Senators H.E. Vicente Azpitarte Perez, H.E. Natalia Ucero,…
KARACHI, November 15, 2024: The State Bank of Pakistan (SBP) has taken strict action against M/s Islamabad Exchange Company (Pvt.) Limited, suspending its authorization with immediate effect due to violations of SBP’s rules and regulations. As a result of this suspension, the exchange company, along with its head office and authorized branches, has been barred…
ISLAMABAD, November 15, 2024: Federal Minister for Commerce Jam Kamal Khan has reiterated the government’s commitment to revitalizing Pakistan’s textiles and apparel industry, addressing its growing challenges and reaffirming its critical role in the nation’s economic stability. During a detailed discussion with a delegation from the All Pakistan Textile Mills Association (APTMA), led by Chairman…
Islamabad, November 15, 2024: The Pakistan Telecommunication Authority (PTA) has announced the temporary suspension of mobile internet services in select areas of Balochistan. This action, as per directives from relevant authorities, is being taken in light of ongoing security concerns in the region. The PTA emphasized that the suspension is a precautionary measure aimed at…