Partner and Head of Deal Advisory of KPMG  , Adnan Rizvi shares his point of view on mergers and acquisitions landscape in Pakistan

The State Bank of Pakistan (SBP)  said banks would electronically submit foreign exchange related cases through SBP’s online portal after its formal launch this month. According to the release statement by the central bank The SBP aims to digitalise processes and move towards a paperless environment, which would ultimately benefit the businesses, a statement said. […]

Prime Minister Imran Khan on Thursday inaugurated Pakistan’s largest skills development programme titled ‘Hunarmand Jawan’ “Hunermand Jawan Pakistan programme will take us on the path to where Quaid-e-Azam Muhammad Ali Jinnah wanted us to be,” the prime minister said during his speech at the launch ceremony in Islamabad “I need you all to understand that […]

Visa, a leader in digital payments, announced that Euronet Worldwide, a global financial technology solutions and payments provider based in Dubai, will be working together to augment Visa’s Fintech Fast Track programme in Central and Eastern Europe, the Middle East, and Africa (CEMEA). The program makes it quicker and easier for fintech partners to build […]

State Bank of Pakistan (SBP) has directed conventional and microfinance banks to allow cash deposits into merchant accounts by the owners, which are mostly retailers of various goods and services. As per the revised amendments in ‘Regulations for Digital On-boarding of Merchants,’ Banks/MFBs shall ensure that Merchant Accounts are only used for digital collection of […]

Prime Minister Imran Khan has launched Zindagi App – a mobile application with information on drug control. According to details, the application will carry all necessary information about narcotics and drug control. Speaking at the launch event in Islamabad, PM Khan said that drugs are destroying the country’s youth. “There was a time when we […]

    Its is essential to take steps to remove trade barriers between the two countries , Pakistan and Iran  and to reduce the high customs duties to encourage legal trade and discourage smuggling, said Iran’s former commercial attaché in Pakistan Morad Nemati Zargaran.   They also called upon establishing banking channel between the two […]

The Securities and Exchange Commission of Pakistan (SECP) has issued Regulatory Sandbox Guidelines 2019 to promote innovation in financial sector and encourage startups. The guidelines are aimed at reducing regulatory obligations through allowing testing of new products, business models, and services in the Regulatory Sandbox. The regulatory sandbox will be available for all the regulated […]

The government is working on a suitable arrangement to engage a foreign payment provider company willing to establish Pakistan’s own international payment gateway and which will be pre-integrated with Paypal, Visa card, Master Card and Alipay. The government revealed this during a meeting. The meeting was chaired by the Advisor to Prime Minister on Commerce, […]

Prime Minister Imran Khan has launched the country’s first anti-graft mobile application called ‘Report Corruption.’ through which the people can report corruption to the authorities. Prime Minister Imran said the vision of Naya Pakistan could not be accomplished unless the people fully take part in the government’s ongoing “jihad” against corruption by exposing the corrupt […]