Bangladesh’s political reset faces economic hurdles
Bangladesh's economy is in terrible shape, with foreign reserves fast depleting, prices skyrocketing, the banking system in disarray, and most economic activity coming to a complete halt...
Tag : Pakistan
IMF engages with new Pakistan government for economic stability
Pakistan averted default in 2023 as the IMF provided a last-minute bailout...
Start-up of the Week: The fintech revolution called ‘Paymob’
Paymob's 'POS Solutions' makes in-store payments look easy, as its smart point-of-sale device helps customers to pay with multiple secured payment methods...
Top emerging market in MENA is UAE: Kearney’s index
A significant portion of the USD 66 billion in possible FDI inflows into Pakistan and the MENA region this year is anticipated to come from the UAE...
PIA-Etihad codeshare improves UAE-Pakistan route access
The first codeshare flight between Etihad and Pakistan International Airlines will fly on November 26...
Fear of bankruptcy hangs over Pakistan on its independence day
The State Bank of Pakistan has only about $10 bn of foreign exchange reserves left...
Opportunities available for the promotion of halal tourism in Pakistan: Zubair Mughal
Global halal tourism volume will reach to US$222bn by 2020 as it is rapidly developing in Muslim and Non Muslim countries...
Pakistan-based Habib Bank forced to shutter NYC branch, slapped with $225 million fine
The Department of Financial Services found that Habib facilitated billions of dollars in transactions with a Saudi bank, the Al Rajhi Bank, that had reported links to al Qaeda....
India demonetises currency to move away from cash
But this is not the first time a country has opted for demonetisation IFM Correspondent November 11, 2016: In a move that came as a shock, the Indian government banned currency notes of 500 and 1000 denomination rendering them worthless at November 8 midnight. The measure was taken to control fake currency notes and unaccounted...
Blackburn tops money transfer league in UK
Xpress Money highlights the most popular money transfer corridors in and out of the UK June 14, 2016: Blackburn is the money transfer capital of the UK, according to data from global money transfer experts Xpress Money. The company analysed transactions from thousands of UK customers over one month in 2016. Over double the amount...