Top representatives from the banking and fintech sectors along with state regulators gathered to discuss ways and suggest implementable solutions to digital based financing for supply chains for small and medium enterprises and the agriculture sectors at the 5th DigiBAP Summit 2024 on Monday at a local hotel. The summit featured panel discussions and presentations…
Engro Fertilizers Limited, one of the leading fertilizer manufacturers of Pakistan, has introduced the Rahbar Helpline to empower farmers by providing dedicated support and complaint management services. Accessible via the toll-free number 0800 00110, the Engro Rahbar Helpline ensures seamless communication for farm advisory matters, inquiries, feedback, and complaints related to the non-availability of fertilizer,…
Tongwei, a Chinese photovoltaic company having global presence, Thursday announced the introduction of its innovative solar energy products in Pakistan at an event “Tongwei: Shine On Lahore” in Lahore, marking the debut of Tongwei’s TNC-G12/G12R series modules in Pakistan, showcasing Tongwei’s cutting-edge PV technology and product advantages. At this event, which was held at a…
Pioneering gender inclusivity and youth skill development in the mining industry, Thar Foundation has enrolled 13 girls in the 3-year DAE (Diploma of Associate Engineering) Mining program at Government Polytechnic Institute (GPI) – Mithi where they will be trained to become skilled mining professionals. Under this DAE Mining program, ~50 students including 13 girls for…
The increase in multiple taxes in the recent budget coupled with the high cost of utilities have surged the cost of production of the Small and Medium Enterprises (SMEs), threatening the survival of hundreds of business units, leading to possible shutdowns, layoffs, and a decline in exports. This was stated by President Federal B Area…
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) with Meezan Bank hosted a significant public hearing session on the draft Shariah Standard on Sukuk. The event took place at the Movenpick Hotel in Karachi and brought together prominent figures from the Islamic finance industry, regulatory bodies, notable Shariah Scholars, Shariah Board members from…
The Overseas Investors Chamber of Commerce and Industry (OICCI), has released the results of its latest Security Survey 2024, highlighting increasing concerns over the country’s deteriorating security environment. Respondents reported a deterioration in the overall security situation in 2024 compared to 2023. Specifically, Karachi saw a worsening situation from 69 per cent to 80 per…
Bill Winters, Group CEO of Standard Chartered Bank (SCB), visited the Overseas Investors Chamber of Commerce and Industry (OICCI) on Friday. During an interactive session with the top executives of OICCI member companies, Bill Winters shared that “We see a greater potential in Pakistan and will continue to invest more as per the opportunity. There…
Overseas Investors Chamber of Commerce and Industry’s (OICCI) member companies have invested Rs 13 billion in 2022-2023 in local communities, positively impacting 40 million individuals across the country. In collaboration with over 290 social sector organisations, the OICCI members have extended their CSR initiatives to all the four provinces of Pakistan, including Azad Jammu and…
In a significant move towards revolutionizing the landscape of financial transactions in Pakistan, Mastercard, a global technology company in the payments industry, has partnered with ABHI, an embedded finance platform, to introduce the Mastercard-enabled Salary Advance Cards for the first time in Pakistan. ABHI users will be able to order this card via the ABHI…
