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Digital banking

Govt to Establish Freelance Information Technology Hub in Rawalpindi

Govt to Establish Freelance Information Technology Hub in Rawalpindi

Information technology center worth Rs 35 million has been completed and its rental auction will take place on 10 March. Rawalpindi City Commissioner,  Captain (retired) Muhammad Mehmood announced the establishment of an independent Information Technology center in a four-channel area on Murree Road to promote  IT-related job opportunities for young people. Companies and individuals will have access to...

UFONE LAUNCHES ITS FIRST EVER E-SIM

Islamabad, February 16, 2021 - Ufone has now eliminated the need to install the physical SIM for Its customers with the introduction of eSIM. The Pakistani telecom operator has partnered with Giesecke + Devrient Mobile Security (G + D) to roll out these SIMs across the country. The Ufone eSIM platform allows customers to integrate multiple SIM card numbers directly into their phone or IoT device with a...

RUPEE STRENGTHENS AGAINST DOLLAR

RUPEE STRENGTHENS AGAINST DOLLAR Rupee Strengthened Against the US dollar to 159.31 rupees The rupee strengthened against the US dollar to 159.31 rupees in the interbank market on Wednesday compared with a close of 159.34 rupees on Tuesday, according to the State Bank of Pakistan (SBP). Previously, the SBP allowed the rupee to depreciate massively in the interbank market after the completion of an...

Imran Khan thanks Overseas Pakistanis for ‘record-breaking’ month of remittances

Imran Khan thanks Overseas Pakistanis for ‘record-breaking’ month of remittances ISLAMABAD: Prime Minister Imran Khan thanked Pakistanis overseas after seeing a record breaking month of remittances of up to $ 2.27 billion in January 2021. Prime Minister Imran Khan said in his Twitter posts: "Good news from the industrial sector, which shows sustained growth." He said large-scale manufacturing saw...

Javed Afridi

JAVED AFRIDI LAUNCHES SOLAR AND EV CHARGING STATION PROJECT

JAVED AFRIDI LAUNCHES SOLAR AND EV CHARGING STATION The owner of JW Motors and MG Pakistan, Javed Afridi , has once again made good use of his social media. He  announced the launch of a new “SOLAR & EV Charging Station” Project via a Facebook post. Currently, Afridi seems to be in the passion of getting Electric Vehicles (EV) to become a norm in Pakistan. As of now, little is known about the...

Raast initiative

RAAST INITIATIVE BY PM TO MOVE TO CASHLESS ECONOMY

The country took another step towards the digital world with the launching of Raast initiative. It is Pakistan’s first instant payment system. Thus, it  enables end-to-end digital payments among individuals, businesses and government entities within seconds. Prime Minister Imran Khan launched the Raast at a ceremony. The initiative is part of the prime minister’s “Digital Pakistan Vision”....

Online portal

GOVERNMENT FLAUNTS ONLINE PORTAL FOR CONSTRUCTION INDUSTRY

The government has launched an online portal for the construction industry. Therefore, in order to provide no-objection certificates (NOCs) to the construction sector. After the success of ‘One Window’ system in Punjab, Chief Minister Sardar Usman Buzdar stated. He expressed these views on Monday while talking to Provincial Minister for Housing Mian Mahmoodur Rasheed. He  had called him at his office...

Overseas Pakistani's

FUNDS SENT BY OVERSEAS PAKISTANIS CROSSES $200 MILLION

FUNDS SENT BY OVERSEAS PAKISTANIS Prime Minister Imran Khan on Thursday said that funds sent by overseas Pakistanis through Roshan Digital Accounts, crossed $200 million yesterday. State Bank of Pakistan launched Roshan Digital Accounts. "The pace is accelerating," PM Imran said. " First $100 million came in 76 days. In addition, the next $100 million came in only 28 days." Moreover, calling them a...

State Bank Of Pakistan prepares for DIGITAL SHIFT

STATE BANK OF PAKISTAN PREPARES FOR DIGITAL SHIFT

STATE BANK OF PAKISTAN PREPARES State Bank of Pakistan is considering allowing people to open accounts at banks without physically visiting branches . They will do this through digital means like internet and mobile banking.Hence, without compromising customers’ due diligence. “Digital account opening…is the way forward,” State Bank of Pakistan (SBP) Governor Dr Reza Baqir said. He was  hosting...

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