Author Archives: Yasir Ameen


NBP plans an aggressive roll out of ATMs

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.

Around two million people are completely blind in Pakistan, says expert

KARACHI: “Around two million people are completely blind in Pakistan, where blindness rate is 1.08 per cent In Sindh, about 340000 people are suffering from blindness, while cataract and diabetes are the major causes of blindness. By birth blind children usually have cataract, which is curable but due to negligence of their parents they are