Trade ties
May 4, 2021
That the European parliament has decided to review its trade relations with Pakistan is concerning. This review is likely to have a negative impact on Pakistan’s Generalised Scheme of Preferences (GSP) plus status which will drastically reduce the revenue earned through exports to European countries. Pakistan needs to understand that without a self-sustainable economic base, it cannot achieve absolute state sovereignty or assure national security. Quaid-e-Azam knew the importance of diversity and had made it clear that although Pakistan was a Muslim-majority country, all citizens would have the freedom to practice their faith. He stressed the need for adopting a constitution which promotes the welfare of citizens.
The Malaysia External Trade Development Corp (Matrade) said the country is today an integral part of the global supply chain.
KUALA LUMPUR: Malaysia has established itself as one of the most trade-friendly countries in the world, exporting a competitive range of products and services to more than 200 countries and territories worldwide.
The Malaysia External Trade Development Corp (Matrade) said the country is today an integral part of the global supply chain.
In 2019, Malaysia was recognised as the world’s 25th trading nation and 26th largest exporter and importer in 2019 by the World Trade Organisation (WTO), it said in a statement.
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Philippines’ PBCOM goes live with Temenos SaaS 4 hours ago
Source: Temenos Temenos (SIX: TEMN), the banking software company, today announced that PBCOM (Philippine Bank of Communications) has gone live with Temenos Transact next-generation core banking Software-as-a-Service (SaaS) to offer “digital-first” banking services in the Philippines. PBCOMobile is the mobile-only suite of services from PBCOM, one of the largest commercial banks in the Philippines. PBCOM offers a broad suite of financial solutions ranging from deposits and corporate, commercial and personal loans, to cash management solutions and investment services.
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Bank of Ireland to hire 130 IT staff 5 hours ago
2 Bank of Ireland is to hire 130 IT specialists to support its ongoing digital transformation programme. The new roles - which include technical architects, software developers, engineers, specialised project managers, scrum masters and data analysts - will join the Bank’s in-house tech teams to supports its multi-year €900 million tech overhaul.
Jackie Noakes, Bank of Ireland’s group chief operating officer comments: “The pace of banking is changing rapidly and we’ve reached a tipping point between traditional offline banking and 24/7 digital services. That makes roles like these critical to how we serve our customers, bring products and services to market, and develop our business into the future.