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Bank timings for Wednesday

Bank timings for Wednesday June 29, 2021 KARACHI: The State Bank of Pakistan on Monday said the field offices of SBP Banking Services Corporation (SBP-BSC) and authorised branches of National Bank of Pakistan would observe extended banking hours till 8pm on June 30 to facilitate collection of government receipts, duties and taxes. A special clearing has been arranged at 8pm on the same day by the National Institutional Facilitation Technologies (NIFT), a statement said. “All banks are, therefore, advised to keep their concerned branches open on June 30, 2021 (Wednesday) till such time that is necessary to facilitate the special clearing for government transactions by the NIFT,” the statement added.

NUCES - FAST Sign Agreements with NiFT for Promoting Digital Financial Services

National University of Computer and Emerging Sciences (NUCES-FAST) and National Institutional Facilitation Technologies (NiFT) signed an Agreement for promotion of digital financial services in Pakistan and a Memorandum of Understanding (MoU) to collaborate on digitization projects for capacity building of human resource. The signing ceremony was attended by Mr. Haider Wahab, Chief Executive Officer, NiFT, and Prof Jawwad Shamsi, Director, NUCES-FAST Karachi Campus. Under the Agreement, NiFT will provide access to its NiFT ePay platform to the students of NUCES. The students using the largest payment processing service in Pakistan will be able to pay their fees online through a secure digital link. The MoU, on the other hand, will enable students of NUCES to gain experience in the fintech industry through internships and R&D projects.

Amazon includes Pakistan in its sellers list

Amazon includes Pakistan in its sellers list Pakistani sellers can now create their IDs on the e-commerce platform to sell their products worldwide PHOTO: Amazon KARACHI: Adviser to Prime Minister on Commerce Razak Dawood announced on Thursday that Amazon is going to add Pakistan in its sellers list within a few days, opening new opportunities for the country’s youth and small and medium enterprises (SMEs). Pakistan is the only South Asian nation which is not included in the list of 102 countries on Amazon’s platform, despite being one of the biggest manufacturing economies in the region. Last year, the United Nations Conference on Trade and Development (UNCTAD) ranked Pakistan 116th in the 152-nations B2C E-commerce Index.

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