Pakistan’s Wemsol Pvt. Seeks $5 Million from International Finance Corporation

Pakistan’s payment company – Wemsol Pvt., better known as Keenu – is seeking $5 million funding from the International Finance Corporation (IFC). Keenu, a Karachi-based company, makes point-of-sale debit and credit card machines. The company’s Chief Executive Officer, Syed Ejaz Hassan, said that Keenu will utilize the money for the expansion of its network, Bloomberg reported. ALSO READ Why is PayPal Not Planning to Launch in Pakistan? According to Numero Advisors, the company is also planning to create consumer and merchant wallets. For this purpose, it will seek a license from the State Bank of Pakistan (SBP). Keenu is also the…

Abdul Razzaq Reveals His Experience With Indian Bookies

Former legendry all-rounder, Abdul Razzaq, has revealed that Indian bookies offered him Rs. 500 million for spot-fixing in 1999. While speaking with a local news channel, he said Indian bookies made the fixing offer to him as they wanted him to join them for a long run. ALSO READ Scottish Muslim Cricketer Breaks Stereotypes by Playing in a Hijab The 41-year-old disclosed that the fixing offer was made in India, adding that although there were no rules defined back then for reporting such approaches, he warned them not to approach him again otherwise he would expose them. He said he…

JW Forland Launches a Fleet of Buses in Pakistan

Foton Motor has entered the bus market, as announced in a tweet by the owner of MG JW Automobile Pakistan, Javed Afridi. He shared pictures of new buses on his Twitter account and said “JW Forland has entered the new domain of Buses with the aim of ‘Shaping the future of transportation in Pakistan'”. He added that 50 buses have arrived, of which 20 have been delivered to Faisal Movers and are already on the road. ALSO READ Car Loans Continue to Break Records in Pakistan As evident from the pictures, the buses have spacious cabins with business class comfort…

Digital Connectivity is Key for Economic Growth in Pakistan

By Waqas Naeem When Pakistan was put into lockdown last year, people started using smartphones, tablet computers, and laptops to work, study, and stay connected. As new digital behaviors formed, the critical role of communications service providers in supporting a functioning society with flawless digital communication capabilities in times of crisis came to the forefront. Handling mobile traffic in a huge country like Pakistan is a challenge for service providers. Combined with the increase in the use of smartphones and data, service providers know that they need to step up to meet the expectations of subscribers. Long Term Evolution (LTE),…

Karachi Introduces Women Patrol Squads to Promote Road Safety

Lady Police Constables (LPCs) are now patrolling the roads of Karachi and have been tasked with spreading awareness about road safety, regulating traffic, and reducing traffic jams. The city administration’s decision to induct women patrol squads is a welcome change as the LPCs revealed that female motorists are delighted with the development and women from the armed forces have commended the decision. The patrol squad’s training started two months ago and it has been on active duty since mid-July. The constables can be seen near the Metropole Hotel and along Shahrah-e-Faisal up to Star Gate. ALSO READ Pakistani and Korean…

PTCL & PAKSAT Partner for Indigenization & Delivery of Satellite Services in Pakistan & Region

Pakistan Telecommunication Company Limited (PTCL), the national flagship carrier in the country, and PAKSAT, the national satellite company have announced the signing of a strategic partnership to develop and deliver state-of-the-art integrated satellite services in addressing the ever-evolving national needs of the private and public sector in Pakistan. Major General Amer Nadeem HI(M), Chairman SUPARCO, Sadaquat Liaquat, CEO PAKSAT Int’l Pvt Ltd, Hatem Bamatraf, President & Group CEO PTCL, Zarrar Hasham Khan, Chief Business Services Officer, PTCL, along with key industry leaders and officials from both companies attended the signing ceremony. Under the partnership, PTCL will be able to provide…

Babar & Rizwan Face Off in Juggling the Ball With Bat Challenge [Video]

Pakistan’s all-format captain, Babar Azam, and wicketkeeper-batsman, Mohammad Rizwan, took the ‘Juggling The Ball with Bat Challenge’ during the practice session in Barbados, ahead of the first T20I against West Indies on Wednesday. The challenge, part of the Pakistan Cricket Board’s (PCB) social media activity, was won by Rizwan who got hold of the ball for a longer period. ALSO READ PCB Faces More Challenges to Implement New Financial Model Babar took the bet first and juggled the ball 38 times while Rizwan did it 63 times, winning the competition by a big margin. The duo took part in ‘Juggling…

Finance Ministry Directed to Arrange Rs. 18 Billion to Import Sugar

The Ministry of Finance has been directed to arrange Rs. 18 billion required to import refined sugar. Finance Minister, Shaukat Tarin, issued directives to the ministry. ALSO READ Natural Gas Supply To Various Sectors Surges To Over 4,000 MMCFD In the recent meeting of the Economic Coordination Committee (ECC) of the Cabinet, the Ministry of Industries and Production (MoI&P) sought approval for: Trading Corporation of Pakistan (TCP) being allowed to import 200,000 metric tons of sugar. Utility Stores Corporation (USC) to be allowed to purchase sugar from TCP. Rs. 18 billion be allocated for import and storage of sugar for…

Get Irresistible Discounts on Your Favourite Meals at McDonald’s with UBL Pay

Can we all agree that ‘food’ and ‘discount’ are two words that make us happier than anything else? Guess what, now you can enjoy mouth-watering deals at McDonald’s with UBL Pay! All UBL users can now avail whopping discounts on two of McDonald’s lovers’ all-time favorites. What’s more, users can make payments easily, with UBL Pay, without the hassle of carrying cash or bank cards. All you need is UBL Digital App and voila, the discount is yours! So what are you waiting for? This offer cannot be missed! Go to your nearest McDonald’s outlet and use UBL Pay to…

Pakistani Rice Export to China Stopped Due to Coronavirus Contamination

The export of Pakistani rice to China has stopped after traces of coronavirus were found in rice sacks. It was revealed in a meeting of the Senate Standing Committee on Commerce was conducted under the chairmanship of Senator Zeeshan Khanzada and attended by Trade and Investment Advisor, Abdul Razzaq Dawood, that traces of coronavirus were found in the rice sacks which is why China decided to stop the import of Pakistani rice. ALSO READ Research Reveals Shocking Reduction in Intelligence of COVID-19 Patients According to Dawood, traces of COVID-19 were also found in the packaging of six fish companies, consequently,…