Pakistani bank customers, already bearing various charges for using different services, may face another fee on account of receipts and balance inquiry
PM to witness Kafaalat enrolment today
Islamabad
February 10, 2021
Islamabad : Prime Minister Imran Khan will be visiting outskirts of Islamabad today (Wednesday) to witness Kafaalat enrolment and interact with the new beneficiaries.
According to the news release issued here, enrollment of new beneficiaries is dependent on the data from the new survey.
With the Ehsaas survey now 68% complete, payments to those that have been identified through the new survey have commenced.
All those that have been identified for enrollment through the new survey will be given Rs2,000 a month on a continuing basis, to assist them with their basic needs.
In total, 7 million beneficiaries will be included in Ehsaas Kafaalat.
The federal government will start making payments to the newly-registered beneficiaries of Ehsaas Kafaalat programme from Wednesday, following the completion of the 68 per cent poverty census survey across the country.
Bank Alfalah & The Beaconhouse Group sign MoU for Personal Loan Financing Solutions
National
February 3, 2021
Karachi: Bank Alfalah and The Beaconhouse Group – one of Pakistan’s largest private school networks - have signed a memorandum of understanding (MoU) to facilitate personal loan financing solutions for the employees of the Beaconhouse School System.
The agreement was developed to make Bank Alfalah’s diverse range of quick and affordable financing solutions available to the Beaconhouse Group, making it easier for the Group to fulfill its technological needs. Beaconhouse employees will have access to financing solutions to purchase laptops with increased affordability in these challenging times.
Market watch: Stocks extend gains, end just shy of 47,000
Benchmark KSE-100 index rises 353.29 points to settle at 46,933.63
PHOTO: ONLINE
KARACHI:
The Pakistan Stock Exchange (PSX) continued its uptrend on Wednesday owing to overall optimism on the back of a host of positive triggers. Consequently, the KSE-100 index gained over 350 points and closed near the 47,000-point mark.
Encouraging cement sales data released on Tuesday, which showed a 16% year-on-year jump in dispatches during January 2021, triggered a rally in cement sector stocks and most of them closed with gains. The uptrend was further fuelled by a rise in global equity and oil markets.