Author Archives: Yasir Ameen


Governor SBP unveils Rs 20 commemorative coin

Governor SBP unveils Rs 20 commemorative coin

KARACHI: Governor State Bank of Pakistan  Ashraf Mahmood Wathra unveiled Rs.20 commemorative coin at State Bank of Pakistan Museum today to mark “Pakistan-China Year of Friendly Exchange 2015.” The ceremony was also attended by Dr. Mu Yong Peng Vice Consul General Chinese Consulate, Chinese media and dignitaries.


Habib University to Host Open House

Habib University is hosting an open house on Saturday, January 31, 2015 from 10:00 am to 6:00 pm. The public is invited to tour their campus at Block 18, Gulistan-e-Jauhar, University Avenue, off Shahrah-e-Faisal. You can also meet Habib University’s internationally accomplished faculty, find out more about the programs offered and learn about the vibrant


Veet Cream: Show cause notice disposed off in Pakistan

The Competition Commission of Pakistan (CCP) has issued an order disposing off its show cause notice issued to Reckitt Benckiser Pakistan Ltd. for running a deceptive marketing campaign to promote one of its products, Veet (a hair removal cream) after compliance by the company with the Commission’s directive to withdraw the campaign.


NBP plans an aggressive roll out of ATMs

KARACHI: The National Bank of Pakistan has embarked an aggressive plan to roll out a wide ATM network by the end of 2015 at 1,000 different locations countrywide including far-flung areas.  The ATMs will be equipped with the state-of-art technology which will provide a hassle free cash transactions to customers of all income levels.


SBP reduces the policy rate by 50 bps

The State Bank of Pakistan has decided to reduce the policy rate by 50 bps to 9.5 percent. The decision was taken by the Central Board of Directors of SBP at its meeting held under the chairmanship of Governor Mr. Ashraf Mahmood Wathra in Karachi today. The complete text of the decision is as follows:

Warid’s dream of 4G-LTE: Fact or Fiction

Pakistan’s first and historic 3G/4G auction which took place on the 23rd of April, saw four major operators winning 3G licenses, whereas only one out of the four settled for a 4G license. Warid telecom, part of the Dhabi group stayed out of the auction, owing to bad financial situation of the company, with a

Employers’ Federation of Pakistan launches National Business Agenda 2013

KARACHI: Employers’ Federation of Pakistan (EFP) has proposed a Pakistan National Business Agenda 2013 (PNBA) for the government and private sector aimed at identifying problems and challenges affecting business growth, employment, revenue generation, low productivity, and other core issues in the economy.