UNICEF & Facebook launch a digital campaign to promote life-saving immunizations

The COVID-19 pandemic has disrupted life for many, including children in need of lifesaving, routine immunizations. In countries  like Pakistan, additional roadblocks as a result of the pandemic have been compounded by an existing hesitancy in some communities to vaccinate children as well as global disruptions to the delivery of… Continue reading

KCCI Chief urges shopkeepers to change habits, start businesses upon sunrise

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has urged shopkeepers and small traders that instead of demanding to enhance business hours from 6:00PM to 8:00PM, it was high time to change the habits of opening businesses belatedly and start all types of business activities early… Continue reading

Emirates tops global ranking in safe travel

Karachi / Dubai: Emirates has been rated the safest airline in the world in its response to the COVID-19 Pandemic according to the Safe Travel Barometer. The airline, which has set industry-leading safety standards since the resumption of its operations back in May, has topped the ranks with a ‘Safe… Continue reading

SBP extends time for settlement of Foreign Currency Loans amid COVID-19 Pandemic

Continuing with its commitment to support the industry amid COVID-19 pandemic, SBP has further facilitated the exporters and importers by allowing extension up to 180 days in settlement of their export and import loans under FE-25 Scheme. Banks can now allow extension up to 180 days to exporters in settlement… Continue reading

National Financial Literacy Program milestones achieved: SBP

The National Financial Literacy Program (NFLP) of the State Bank of Pakistan (SBP) completed its third year at the end of FY20 with all the targets surpassing for the fiscal year, despite the outbreak of COVID-19 pandemic since March 2020. In order to address the challenge of financial exclusion, the… Continue reading

2.24 million Non-Bank Microfinance borrowers provided relief

ISLAMABAD: As reported on June 30, 2020, the Non-bank Microfinance Companies (NBMFCs) have reschedule loans of worth Rs36billion of total 2,244,605 individuals and micro-enterprises. The SECP had relaxed the regulatory requirements for non-bank finance sector allowing them to defer or reschedule the loan repayments of their borrowers during COVID-19 pandemic…. Continue reading

CCP ACHIEVES MAJOR MILESTONES; APPROVES 59 MERGERS, 43 EXEMPTIONS DURING FISCAL YEAR 2019-20

ISLAMABAD: The Competition Commission of Pakistan (CCP), in the fiscal year 2019-20, has processed and granted approval to 59 Merger & Acquisition applications against the annual target of 50, showing the CCP’s promising performance to facilitate the local and foreign investors despite the limitations caused by COVID-19 pandemic. Out of… Continue reading

SBP extends the Rozgar Scheme for Supporting Employment for another 3 months and widens its scope in collaboration with Government of Pakistan

Soon after the outbreak of Covid-19 pandemic, SBP took a number of steps to provide economic support to businesses and households. SBP reduced the financial cost to the private and public businesses and households by reducing the policy rate by a cumulative 625 basis points since 17th March 2020. To… Continue reading

Utilizing Digital Platforms to Help Farmers Improve Agricultural Productivity Bayer Pakistan Facilitates Knowledge Sharing Among Farmers through its Learning Center

Karachi: Bayer Pakistan’s Crop Science division organized a Digital Farmer Learning Center, streamed live on social media from the company’s Punjab-based research facility, to promote the adoption of best farming practices, and showcase Bayer’s latest technologies along with high-performing seed and crop protection products. Even during the COVID-19 pandemic, agriculture… Continue reading