Uber and Unilever are partnering for greater rider and driver safety by distributing over 20,000 hygiene products to partner drivers in Pakistan as the country continues to move out of lockdown.  The hygiene kits, which include Lifebuoy hand hygiene gel and other Unilever leading products, will enable drivers and riders to clean their hands and […]

Enabling the youth by connecting them to what matters most, Telenor Pakistan has joined hands with the Ministry of Information & Technology (MoIT) and Virtual University (VU) to introduce subsidized internet packages for students of DigiSkills Program. DigiSkills is an online training program that seeks to empower the youth with skills that are in-demand. The […]

In a public-private collaboration, foodpanda Pakistan and Commissioner Karachi have undertaken to distribute 50,000 face masks free of cost to households in Karachi. 30,000 masks have been donated by foodpanda while the Commissioner Karachi office will facilitate foodpanda in the distribution of masks to all the recipients so that we beat COVID-19 together. Based on […]

SECP’s permission to non-bank microfinance companies (NBMFCs) to reschedule the loan portfolio not only helped NBFCs to adjust their portfolio at risk but also resulted in extending relief to 932,862 individuals and micro-enterprises that have borrowed over Rs. 17 billion from non-bank microfinance companies (NBMFCs), as of May 31, 2020. Out of these, 796,893 were […]

Strengthening its commitment to supporting the Pakistani government during the COVID-19 crisis, Bank Alfalah has joined forces with Mastercard and National Bank of Pakistan (NBP) to provide a safe online donation portal to support those in need during the pandemic. Through the platform, people can now securely donate to Prime Minister Imran Khan’s COVID-19 Pandemic […]

“Almost every transaction can be conducted digitally and people are appreciating how these services enable a much more feasible infrastructure for payments”, commented Mohammad Mudassar Aqil, President & Chief Executive Officer at Telenor Microfinance Bank / Easypaisa, while having an exclusive discussion with our Editor in Chief on the impact of outbreak on the overall […]

  “Customers would be right in withdrawing trust, had we shut down and not helped them in this time and just managed our own risk”, expressed Kabeer Naqvi, President, and Chief Executive Officer at U Microfinance Bank Limited, during an exclusive Q&A session with our editor in Chief on the impact of COVID-19 on the […]

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 […]

“Overall, working from home and going truly digital has been a pleasantly successful exercise for our organisation”, expressed Ahmed Fraz, Group CEO, Wavetec, during an exclusive Q&A session with our editor in Chief while sharing his insights on the impact of COVID-19 outbreak on the global financial landscape. 1. How is COVID-19 impacting operations? And […]

In its first-ever webinar, attended by over 800 participants, Hysab Kytab shared their insights on the impact COVID-19 has had on consumer spending in Pakistan. A fintech solutions provider, Hysab Kytab, revealed intricate details regarding the changes that have come about in consumer spending as a result of the coronavirus crisis. The information, which was […]