BNM to Co-host Virtual AML/CFT Hackathon 2023 to Help Crackdown on Financial Crimes
Bank Negara Malaysia (BNM), in partnership with the Financial Intelligence Consultative Group (FICG), will be co-hosting the AML/CFT Hackathon 2023…
US Default on Debt Would Trigger Economic Catastrophe
US Treasury Secretary Janet Yellen on April 26, 2023 warned that failure by Congress to raise the government’s debt ceiling…
Facebook Shows Signs of Revival After Slump
Facebook’s business appears to be reviving after months of decline. Meta, the parent company of Facebook, Instagram and WhatsApp, said…
Argentina to Pay for Chinese Imports in Yuan rather than in Dollars
Argentina will start to pay for Chinese imports in yuan rather than dollars, the government announced April 26, 2023, a…
AAOIFI and SECP are Jointly Hosting First International Conference on Islamic Capital Markets
The Securities and Exchange Commission of Pakistan (SECP) and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) are…
Karandaaz Pakistan Partners with Foodpanda to Increase Digital Payments in the Country
Karandaaz Pakistan and Foodpanda Pakistan recently signed an agreement which aimed to increase financial inclusion in the country by facilitating…
Chairman Senate Invites Chinese Investors to Explore Investment Opportunities in Balochistan, Gwadar
The Chinese investors on April 27, 2023, met with Senate Chairman Muhammad Sadiq Sanjrani at the Parliament House to discuss…
PBA Provides Feedback to SBP on NAB’s Concerns Over Misleading Real Estate Advertisements
The State Bank of Pakistan (SBP) sought feedback from the Pakistan Banks’ Association (PBA) regarding a letter from the National…
PBA and SBP Collaborate on Electronic Warehouse Receipt Financing (EWR) Initiatives
The State Bank of Pakistan (SBP) recently engaged with the PBA Agriculture Subcommittee to discuss Electronic Warehouse Receipt Financing (EWR).…
Federal Reserve Bank of New York Delegation Engages with PBA on Pakistan’s Banking Sector
A high-level delegation from the Federal Reserve Bank of New York convened at the PBA Office on April 27, 2023.…