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 […]
Chief Executive Officer and Co-Founder of Inseyab Consulting & Information Solutions LLC, Muhammad Ehsan Khan shares his point of view on Data significance and its implementation in a right way to transform business model.
Prime Minister Imran Khan said that the full potential of the contribution of youth and the women to the economy will be unleashed with the introduction of the government’s ‘Digital Pakistan Vision’. While addressing the launch ceremony, PM Khan said that Pakistan is regaining its past glory on the global stage. “The Vision sets Pakistan’s […]
Banks in Pakistan have coincided to share the details of their account holder with the tax authorities in a deal inked this week to check suspected undocumented money in the banking channels. An agreement was reached at meeting between Syed Shabbar Zaidi, chairman Federal Board of Revenue (FBR) and chief executives of commercial banks on […]
In order to increase the country’s financial resources, Pakistan is planning to circulate its first round of Chinese yuan-denominated bonds also known as Panda bond in the first quarter of 2020. That Habib Bank Limited (HBL) is cooperating with the government in the issue of bonds. Habib Bank Limited (HBL) CEO Muhammad Aurangzeb informed that […]
Hysab Kytab (HK) has entered into a strategic partnership with Telenor Pakistan to collaborate on gaining a deeper understanding of consumer preferences. The collaboration will help drive a deeper and more holistic understanding of consumers that will lead to the individual-level personalization of products and services in Pakistan. The partnership will involve collaboration in the […]
“In recognition of our overseas Pakistanis who use banking channels to send money back home, my ministry has proposed to reward them for their contribution to the national exchequer. I will be backing this initiative with full force so in time we can kill the menace of hundi/havala.” Stated by Sayed Zulfi Bukhari , Special […]
The State Bank of Pakistan (SBP) has allowed freelancers to receive up to $5,000 in payments per month as the central bank aims to increase the annual remittances by $1.2 billion Earlier, the limit for such inward foreign payment was capped at $1,500 per individual per month for freelancers providing services in computer and information […]
Microsoft Corp. said it was granted a license to do business with China’s Huawei Technologies. “On November 20, the U.S. Department of Commerce granted Microsoft’s request for a license to export mass-market software to Huawei,” the Redmond, Wash.-based company said in a statement. “We appreciate the Department’s action in response to our request.” Nearly one-quarter […]