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PayMaya has launched its latest mobile payment innovation which allows merchants to easily and quickly receive QR and online payments from their customers. The new PayMaya Negosyo app enables MSMEs (micro, small and medium enterprises) to easily accept QR and other forms of digital payments using their smartphones even if they don’t have an […]
A meeting of the Board of Directors of The Bank of Punjab was held on May 19, 2020 to consider and approve the un-audited Financial Statements for the 1st quarter of the year ended March 31, 2020. During the 1st quarter of the year 2020, Bank’s Net Interest Margin (NIM) remained a little subdued at […]
JS Bank Ltd is one of the fastest-growing banks in Pakistan, with 360 branches in 180 cities. With the objective of creating a differentiation in the digital and consumer banking space, the Bank has recently entered into a multi-dimensional agreement with the world’s leader in digital payments – Visa. This partnership with Visa showcases JS […]
Kevin Mayer is leaving his post as the head of Disney’s streaming efforts to become the CEO of the short-form video app TikTok. Mayer’s appointment will be effective June 1, when he will also become a chief operating officer of c. He will report directly to the ByteDance founder and chief executive Yiming Zhang. “Kevin’s […]
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of a campaign offering free international transfers for all individual customers during the ongoing COVID-19 situation. As part of the campaign which runs until 11 August 2020, customers can transfer funds to more than 150 countries in over 30 […]
Syed Babar Ali, the Founding Pro-Chancellor of LUMS and former President of the World Wildlife Fund, has been elected to this year’s class of the prestigious American Academy of Arts & Sciences. Recognized for his immeasurable contributions to education, advancing the public good, and promoting social equity in Pakistan, Mr. Ali has been acknowledged in […]
In continuation of earlier relief measures on account of the COVID-19 crisis, K-Electric (KE) is facilitating small and medium enterprises (SMEs) through pre-paid electricity bills under the “Chota Karobar-o-Sannat Imadadi” package announced by the federal government. Under the package, eligible commercial customers with sanctioned load up to 5kW and industrial consumers with sanctioned load up […]
Prime Minister Imran Khan will launch on Monday cash disbursal program under the Ehsaas Emergency Cash for workers who are worst affected by the coronavirus crisis and have become jobless. Over Rs 3 billion have so far been collected in the Corona Relief Fund. For every rupee donated to the fund, the PM has committed that […]
The State Bank of Pakistan, in a meeting of the Monetary Policy Committee (MPC) on Friday, reduced the policy rate by 100 basis points to 8 percent.’ This decision reflected the MPC’s view that the inflation outlook has improved further in light of the recent cut in domestic fuel prices. As a result, inflation could […]
Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday. The cost, which Facebook and Giphy declined to disclose, was placed at around US$400 million by news website Axios. The announcement […]