MMBL presents nine-point agenda to foster financial inclusion

KARACHI: Pakistan’s largest digital Bank, Mobilink Microfinance Bank Limited (MMBL) has put forth its nine-point agenda for the future of financial inclusion, covering far-reaching and research-based recommendations in the areas of diversity and inclusion, microfinance, SME finance, housing finance, agriculture finance, digital lending, payments, savings, and insurance, a statement said. The nine-point agenda was formally … Read more

LCCI urges govt to save hospitality industry

LCCI President

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to take immediate measures for saving the hospitality industry, a statement said. Talking to the delegation of the Lahore Hotels and Tourism Association, LCCI president Mian Nauman Kabir said that the pandemic has caused a serious blow to the hospitality industry. Asif … Read more

Bank Alfalah partners with Al-Ghazi Tractors

KARACHI: Bank Alfalah Limited (BAFL), one of the country’s leading financial institutions, and Al-Ghazi Tractors Limited (AGTL) signed a memorandum of understanding (MoU) to facilitate farmers by fast-track processing and delivery of tractors, as well as other farm machinery, a statement said. The ceremony was held at Shaadin Manzil, Lahore and the MoU was signed … Read more

PM orders timely completion of uplift projects

imran khan on smart jungle

ISLAMABAD: Member National Assembly (MNA) Sher Ali Khan called on Prime Minister Imran Khan and discussed matters relating to development schemes in his constituency and reconstitution of committee for the axle load management regime. The prime minister stressed for timely completion of the ongoing development schemes in the constituency for the benefit of the local … Read more

UN report warns of global water crisis amid climate change

GENEVA: More than five billion people could have difficulty accessing water in 2050, the United Nations warned on Tuesday, urging leaders to seize the initiative at the COP26 summit. Already in 2018, 3.6 billion people had inadequate access to water for at least one month per year, said a new report from the UN’s World … Read more

Malicious propaganda by Indian military reflects its frustration: COAS

RAWALPINDI: Corps Commanders have taken serious note of the “malicious propaganda by the Indian military” and expressed resolve to take all necessary measures to safeguard Pakistan’s territorial integrity. The resolution in this regard was expressed during the 244th Corps Commanders’ Conference in Rawalpindi on Tuesday with Army Chief General Qamar Javed Bajwa in the chair. … Read more

Bilawal claims PPP has solutions to control inflation, reduce poverty

KOTLI: Chairman Pakistan People’s Party (PPP) Bilawal Bhutto Zardari on Tuesday said that the answers to soaring inflation and rising poverty in the country lied with his party. Addressing an election campaign rally in Kotli, Bilawal said, “Our opponents are unable to show their faces as those who have been defeated in elections cannot show … Read more

PM Imran wants Sindh govt to immediately release 1.2m tonnes wheat: Fawad

fawad

ISLAMABAD: Prime Minister Imran Khan has directed the Ministry of Interprovincial Coordination to ask the Sindh government for the immediate release of wheat. In a tweet on Tuesday, Minister for Information and Broadcasting Fawad Chaudhry observed that the wheat price was the highest in the province. “The reason was that the provincial government has halted the … Read more

Here’s all you need to know about offshore companies

PARIS: Offshore companies are a lynchpin in the system used by leaders and the ultra-rich to hide assets that was exposed in the trove of leaked documents dubbed the “Pandora Papers”. Some 11.9 million documents from financial services firms, which were obtained by the International Consortium of Investigative Journalists (ICIJ), showed how the elite used … Read more

China’s Mars probes suspend explorations due to sun outage

BEIJING: China’s Mars rover and orbiter have suspended explorations since mid-September, to wait out a period of sun outage, the China National Space Administration said on Tuesday. A sun outage refers to a phenomenon when Mars and the Earth move to either side of the sun and the three are almost perfectly aligned. During this … Read more