KARACHI: The State Bank of Pakistan (SBP) has announced that Raast services will remain unavailable for two days. According to SBP, Raast services will not be available from 09:00 AM on 3rd September, till 12:00 AM on 4th September 2023, due to a pre-planned major system upgradation. It may be mentioned here that Raast services…
Karachi, October 23, 2020: In a message for budding entrepreneurs and investors, Jazz CEO, Aamir Ibrahim has stated that Pakistan offers an abundance of opportunities that are linked to the national challenges. The Organization of Pakistani Entrepreneurs Silicon Valley (OPEN SV) featured Aamir Ibrahim as a guest speaker in its webinar titled ‘Realities of Investing…
Karachi, December 11, 2019: Overseas Pakistani workers remitted $9.298.57 billion in the first five months (July to November) of FY20 compared with $9.281.94 billion received during the same period in the preceding year. During November 2019, the inflow of workers’ remittances amounted to $1.819.66 billion, which is 9.05 percent lower than October 2019 and 9.35…
Karachi, October 24, 2019: Realizing difficulties being faced by overseas Pakistan in operating their bank accounts due to non-biometric verification of their accounts, State Bank of Pakistan has issued detailed instructions on the alternate arrangement to facilitate their biometric verification. It may be mentioned here that as per alternate arrangement, overseas Pakistanis may approach their…
Karachi, August 9, 2019: Pakistan received over two billion dollar on account of home remittances during the first month of this fiscal year. Overseas Pakistanis remit US$ 2 billion in the first month of FY20. Overseas Pakistani workers remitted US$ 2039.30 million in the first month (July) of FY20 as compared with US$ 1981.73 million…