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Monthly Archives: February, 2020

Meezan Bank and Orient Electronics Private Limited Join hands with Transaction banking services

In collaboration with Orient Electronics Private Limited, Meezan Bank has decided to update transaction banking services for Orient. Meezan Bank will facilitate Orient Electronics to fully automate...

Moody Announces Pakistan as ‘Credit Negative for Its Country Banks’

Moody has termed Pakistan as “credit negative for the country banks” for consciously remaining on the Financial Action Task Force (FATF) grey list. As per Moody’s credit...

FBR to Acquire Budget Proposal from the Business Community

The Federal Board of Revenue (FBR) has issued orders to the business communities and tax officials to submit their budget plans for 2020-2021. This step aims...

Pakistani Student Earns Lexus Design Award for Inventing Sewing Machine for Visually-Impaired

Aqsa Ajmal, an industrial design graduate from the NUST School of Art, Design & Architecture (SADA) secured a slot amongst the top 6 global finalists for...

Authorities to Enforce Biometric Verification for Duty-Free Import of Mobile Phones

The Government of Pakistan is planning on allowing international passengers for the duty-free import of mobile phones under baggage rules to diminish the exploitation of the...

Coronavirus: Saudi Arabia Has Temporarily Hold off Entry for Umrah

In response to the global coronavirus outbreak, Saudi Arabia has temporarily ceased entry to its premises for Umrah. According to the Saudi Press Agency, entry is also suspended...

Senate Committee Receives Recommendations to Financially Support Bloggers

According to the Senate Standing Committee on Information Technology and Telecommunication, the government needs to financially support the bloggers who could beneficially promote the digital economy of...

FBR to Monitor Real Estate & Jewellery Trades for FATF Compliance

As per the recommendations of the Financial Action Task Force (FATF) regarding anti-money laundering and combating terror financing in the country, the Federal Board of Revenue...

Indian Economy Begins to Collapse -A Path That Pakistan Has Been Following for Years

India is one of the 7th biggest economies in the world and for the past few years, its economy has been growing really fast. However, this...

Pakistan’s IT and ITeS Export Remittances increased to 24.71%

In comparison with the last year, Pakistan's information technology (IT) and IT-enabled Services (ITeS) export remittances have shown an inflation rate of 24.71% during the first...
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