KARACHI: The State Bank of Pakistan (SBP) hosted a discussion on digital banks with the objective to share information on SBP’s licensing and regulatory framework for digital banks, a statement said on Saturday. The webinar was aimed at sharing the broad contours of SBP’s initiative and the experiences of other international players. The discussion began … Read more
Economists debating inflation in the United States are confronting a difficult challenge: stripping out volatile price changes to gauge underlying pressures. The most common measure of underlying or “core” inflation, which excludes volatile food and energy prices, has been hard to read during the pandemic. The traditional measure came into wider use in the 1970s, … Read more
KARACHI: Mobilink Microfinance Bank Limited (MMBL) signed a memorandum of understanding (MoU) with the Pakistan Poverty Alleviation Fund (PPAF) for the development of Micro, Small and Medium Enterprises (MSMEs), a statement said on Monday. The memorandum of understanding was signed for the capacity building and financing of the enterprises, engaged in livestock and horticulture sectors … Read more
Prime Minister Imran Khan has invited the Chinese companies to invest in the diverse sectors of Pakistan including housing, textile, manufacturing, IT and financial services, physical and technological logistics, agriculture, oil & gas and tourism and hospitality. He was speaking at China Council for Promotion of International Trade in Beijing here on Tuesday. The Prime … Read more
