NdcTech, a leading IT & consulting firm providing transformational services for the banking sector globally, and Temenos, the world’s leading banking software company co-hosted the 11th edition of Bank of The Future Forum, one of the largest financial conferences in the world. This event brought together more than 25 Global Speakers and over 500 attendees from the banking sector, influencers, decision-makers, regulators, Fintechs, analysts and media. The event discussed key topics in the banking industry including composable banking, mobile banking, digital banking, cloud banking etc. Exciting demos were also presented on trending topics such as buy now pay later, payments, core…
Author: Press Release
To continue its flood relief efforts, the Bank of Punjab (BOP) has just inaugurated its employee volunteering program named BOPMadadgar. The aim of the initiative is to provide BOP staff with a means to contribute to the greater welfare of society. The financial institution is strong of the opinion that all citizens of the country must contribute to the recovery efforts of those harmed by the floods. Under the banner of BOPMadadgar, BOP is working to rebuild flood-ravaged communities by erecting low-cost, long-term housing solutions made from sustainable materials. These buildings can endure high water levels because of their strength…
ABHI joins hands with Daftarkhwan, one of the biggest co-working spaces in Pakistan, to provide financial wellness, exclusively to its more than 200 resident companies with over 2500 members. Daftarkhwan currently houses 2500+ professionals across 7 locations in 3 main cities across Lahore, Islamabad, and Rawalpindi. They are home to leading companies like Uber, Trella, Jugnu, Sadapay, and Tintash to name a few. Daftarkhwan provides founders and professionals with modern office spaces in premium locations, equipped with state-of-the-art amenities suited to every business need. With the current sky-high inflation, prices have gone up across the board. Day by day it’s…
Karachi: October 4, 2022: Pakistan is the 5th most vulnerable country to climate change; therefore, it is critical to build awareness on this subject and more importantly find collective solutions on how to adapt to the impact of climate change. InfraZamin held its first of a series of webinars with the objective of understanding, working with and preparing for climate change. The webinar, titled “Adapting to Climate Change: Flood Rehabilitation Financing,” focused ondiscussing viable solutions such as building sustainable infrastructure, managing water drainage, and water storage, and exploring rehabilitation financing options.The webinar was co-hosted by CORPORATE PAKISTAN GROUP, in association…
Karachi – October 04, 2022: FrieslandCampina is partnering with the World Wide Fund for Nature (WWF-Pakistan) on a tree plantation initiative to increase local resilience to the impact of climate change and increase tree cover. The collaboration will focus on the plantation of indigenous trees to help combat pollution, deforestation, and urban flooding. Under the partnership, FCEPL team planted mangrove saplings at the WWF Wetland Center in Karachi. Additionally, WWF held a training for FCEPL’s employees to educate them on plantation techniques and post-care. Highlighting the partnership, Sania Sattar Head of Sustainability, FrieslandCampina Pakistan, stated: “Regeneration is a core pillar…
A continued bottleneck on the release of over PKR 380 billion in Tariff Differential Subsidy (TDS) claims is aggravating KE’s cashflow challenges. As of August 2022, the company’s receivables from various Federal and Provincial government entities stand at PKR 452.7 billion, of which the majority is in the form of TDS Claims. This amount is paid on behalf of consumers to Distribution companies by the Government of Pakistan in order to maintain the rates of electricity under the applicable tariff regime in the country. Disbursement of TDS will also help the company clear its own payables including fuel suppliers. Amid toughening…
Faysal Bank Limited (FBL) joins hands with Pakistan Cricket Board for the promotion of PCB Grassroots Cricket Development Program. An introduction and promotion event was recently held at a local hotel in Karachi in this regard. Faysal Islami, a leading Islamic bank, firmly believes in promoting all initiatives that contribute towards the positive projection of Pakistan, both nationally and internationally. Healthy sporting activities in general, and promotion of our current and future sporting stars in particular, is one avenue through which the Bank is actively playing its part towards a bigger national cause. “Diversity and Inclusion is a part of…
The government of Azad Jammu and Kashmir (AJK) has collaborated with the digital healthcare platform Sehat Kahani, which is overseen by the AJK IT board and the AJK health department. With the help of intermediary nurses, this public-private collaboration plans to transform primary care clinics all throughout AJK into telemedicine-enabled facilities. This alliance’s primary goal is to rectify the imbalanced representation of female, pediatric, and geriatric patients in the medical system. Because of this collaboration, Sehat Kahani has been able to transform 13 preexisting Basic Healthcare Units (BHUs) and clinical facilities into telemedicine facilitation centers in within the first three…
Mondelez Pakistan has been awarded the National Forum for Environment & Health (NFEH) Pakistan’s prestigious Environmental Excellence Award 2022. Organizations that make it their duty to adhere to both national and international environmental regulations at their workplaces are the recipients of this honor. The Hub Plant of Mondelez Pakistan was recognized as the best facility by the NFEH judges. Karachi was the site of this year’s Environmental Excellence Awards, the 19th in the series. The awards have been given out annually for over 20 years to various groups for their significant efforts in advancing environmentally friendly policies and practices. The…
As of today, all contract workers at Mobilink Microfinance Bank Limited will be considered permanent employees of the company (FTEs). As a result of the policy change, temporary workers will be converted to permanent employees over time, and will eventually be eligible for group health insurance for themselves and their families. Modifications to the FTE policy show MMBL’s concern for the financial security of its workers. Throughout the program, more than 500 contract workers at the bank will be transformed into full-time equivalents. There will be a variety of insurance options available to contractual workers, and they will also be…
Thousands of people in flood-ravaged districts of Sindh and Balochistan will soon have access to clean drinking water thanks to a partnership between PTCL and Ufone 4G and the Pakistan Red Crescent Society (PRCS). The people will be safe from a variety of waterborne illnesses thanks to this program, which will ensure that wells and subterranean reservoirs are not affected by the recent rains. Families in the Larkana, Shaheed Benazirabad, and Jaffarabad districts of Sindh and Balochistan will get access to 72,000 gallons of clean water per day, courtesy of PTCL and PRCS, to reduce potentially fatal health risks. “The…
Saquib Ahmad, the country managing director for SAP Pakistan, hosted a media gathering in a hotel nearby to inform the media of the significance and impact of SAP’s operations there. All business and operational segments have a strong SAP presence. It has helped Pakistan shape and develops the sector to have a global presence for trade and business. The channel provided Mr. Ahmad with a fantastic opportunity to highlight and discuss SAP’s contribution and continual enhancement of the business processes of their clients, both big and small. “SAP has shown to be the success element in allowing them with expansion…
Hasan Raheem’s participation in Zong’s new YouTube Shorts contest has gone viral in Pakistan. Zong, in conjunction with YouTube, is holding a dancing competition utilizing YouTube Shorts, and everyone is encouraged to participate. Instigators from different walks of life have taken up the task. Motivated by them and eager for a mention from Hasan, followers have come to YouTube Shorts to take part in the online celebration. The TV commercial for the same as the singer performing some of the signature musical moments that have been synonymous with her career. Participants need just submit a video of themselves dancing to…
The PTCL Group, a Pakistani telecommunications company, has formed a strategic partnership with the Pakistan Poverty Alleviation Fund (PPAF) to increase women’s access to training and resources in the areas of digital and financial inclusion, intending to help women business owners succeed in today’s competitive marketplace. The agreement was signed during a ceremony in Ufone Tower, Islamabad, by Adnan Anjum, the Group Chief Commercial Officer (GCCO) of PTCL Group, and Nadir Gul Barech, the Chief Operating Officer (COO) of PPAF. With the help of this public-private partnership project, female company owners will be equipped to steer their companies toward long-term…
Recently, the City School Southern area convened its Leadership Colloquium 2022, a meeting of the region’s principals and the executive team, who together represent the pinnacle of educational administration. The City School’s cutting-edge teaching setting was sparked by a virtual visit from Wendy Cobb, one of the UK’s most in-demand educational consultants. Many schools presented their most successful academic, athletic, and social programs, creating tremendous network-wide synergy to implement and refine best-in-class strategies. The City School’s dedication and success in preparing students to be change-makers in the world were reaffirmed. All of the attendees had their hearts and minds blown…