LDI Operators May Move SHC Against Withdrawal of ICH: ProPakistani |  |
- LDI Operators May Move SHC Against Withdrawal of ICH
- Groopic Raises Seed Investment from Kima Ventures
- Volume of Financial Transactions via Internet Banking Increases 16% in Pakistan
- CCP Welcomes Decision to Withdraw ICH Agreement
- Consumer Rights Protection Council Raises concerns Over Increased Taxes on Telecom
| LDI Operators May Move SHC Against Withdrawal of ICH Posted: 19 Jun 2014 11:37 PM PDT LDI operators are considering to move Sindh High Court against Ministry of Information Technology's policy directive on abolishment of International Clearing House, a source who has directed information of the development told ProPakistani. Ministry of Information Technology and Telecom earlier this week issued a policy directive for withdrawal of ICH by saying that move is aimed at opening up the market for competition. MoIT also [...] The post LDI Operators May Move SHC Against Withdrawal of ICH appeared first on . |
| Groopic Raises Seed Investment from Kima Ventures Posted: 19 Jun 2014 11:15 PM PDT Groopic, a Pakistani technology startup founded by four students and researchers of Lahore University of Management Sciences (LUMS), has just closed a US$ six figures investment in the form of a convertible note from Kima Ventures, the seed stage fund that also financed Shopistan recently. Based on details of the funding disclosed by Groopic, the investment is in the form of a debt convertible to [...] The post Groopic Raises Seed Investment from Kima Ventures appeared first on . |
| Volume of Financial Transactions via Internet Banking Increases 16% in Pakistan Posted: 19 Jun 2014 11:06 PM PDT State Bank of Pakistan has said that total transactions in Pakistan carried through internet banking showed an increase of 15.7% in volume and 7.0% in value of transactions during January to March 2014 quarter. State Bank – in its quarterly review – said that Internet banking constituted a volume share of 4.4% and a value share of 2.1% of overall financial transactions in the country. [...] The post Volume of Financial Transactions via Internet Banking Increases 16% in Pakistan appeared first on . |
| CCP Welcomes Decision to Withdraw ICH Agreement Posted: 19 Jun 2014 10:33 PM PDT The Competition Commission of Pakistan (CCP) welcomed the government's decision to withdraw the controversial International Clearing House (ICH) agreement. At the time of formation of ICH, Competition Commission of Pakistan had made its all possible efforts to block ICH, however MoIT had then maintained that CCP is not mandated to block another government body from doing policy making. CCP even hinted about taking the matter [...] The post CCP Welcomes Decision to Withdraw ICH Agreement appeared first on . |
| Consumer Rights Protection Council Raises concerns Over Increased Taxes on Telecom Posted: 19 Jun 2014 10:16 PM PDT Consumer Rights Protection Council (CRPC) raised its concerns over tax reforms in budget for 2014-15. Mr. Shakeel Baig, Chairman CRPC, addressed a press conference here at a local hotel, where he shared his reservations on major issues related to telecom sector and the impact on telecom consumers. Increase in Customs Duty The proposed increase in import duty of telecommunication equipment will slow down the rollout [...] The post Consumer Rights Protection Council Raises concerns Over Increased Taxes on Telecom appeared first on . |
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