Bank Data Hacking: Pakistan Banks’ Association’s perspective
Karachi: In view of the recent reports circulating in the media around the data hacking of Pakistani banks, a spokesperson of the Pakistan Banks’ Association (PBA) has emphasized that SBP…
Customs surrender vehicle before Nazir of SHC
KARACHI: The officials of Directorate of Investigations and Intelligence (DIT) surrendered a vehicle detained by them before the Nazir of High Court of Sindh on Wednesday. An appellate bench of…
SHC hears smuggled vehicles case, next hearing on Nov 14
KARACHI: A customs appellate bench of High Court of Sindh comprisinf Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Wednesday part heard petitions pertaining to dozens of smuggled…
Competition Commission approves Alipay’s acquisition of Telenor Microfinance bank
ISLAMABAD: The Competition Commission of Pakistan has approved M/s. Alipay (Hong Kong) Holding Limited’s acquisition of 45% shareholding in M/s. Telenor Microfinance Bank Limited, paving the way for the world’s…
GE wins signs $60 million deal to power, maintain 330MW coal power plant
Islamabad: GE Power has announced that it has won equipment and services deals worth more than $60 million to power and provide critical maintenance services for a period of 12…
FBR reshuffles Customs’ BS-21 officers
KARACHI: Federal Board of Revenue (FBR) has notified transfers of four BS-21 officers of Pakistan Customs Service. Jawed Ghani is transferred from the office of Director General Transit Trade and…
Pakistan’s ACT Group plans local manufacturing of Solar PV modules
KARACHI: Pakistan-based conglomerate ACT Group plans to set up 1.0GW of solar PV module assembly capacity in Pakistan by the summer of 2021, starting with a 250MW first phase by…
SBP clarifies – except for one, no evidence of banks data being hacked
KARACHI: It has been noted with concern news items reporting that the data of most banks has been hacked. SBP categorically rejects such reports. There is no evidence to this…
SHC seeks comments, compliance report by Nov 20
KARACHI: A customs appellate bench of High Court of Sindh (SHC) asked the Custom officials to file comments as well as compliance report by Nov20 in a petition filed by…