Pakistan Post initiates Electronic Money Order (EMO)
ISLAMABAD: Pakistan Post has started its Electronic Money Transfer service for domestic money transfer. It is estimated that, for setting EMO and Utility Bills Collection services in 3,080 post offices of Pakistan, will cost around Rs 685.176 million. Currently, EMO service is being provided in 83 General Post Offices (GPO) of major cities including, Islamabad, Rawalpindi, Lahore, Faisalabad, Multan, Sialkot, Peshawar, Quetta, Karachi and Hyderabad. This will allow customers to transfer their funds within country in a matter of an eye’s blink.
PTCL is among top 3 Employers in Industry
KARACHI: PTCL has been recognized among top 3 Employers in the industry according to Top Employer Ranking 2013. This ranking is based on a survey conducted by ROZEE.PK in collaboration with YouGov, a UK-based Global Research Firm. This is a result of extensive evaluation including, 760 employers and 15,000 professionals working at different levels and students from different backgrounds. Syed Mazhar Hussain a PTCL official said, “PTCL has always provided a platform to nurture talent and has emphasized on creating opportunities which makes it a best choice to work.”
Telecom Sector is major source of FDI for Pakistan
In first 11 months of fiscal year 2013-14, Pakistan has received FDI of $1.36 billion. According to a report presented by State Bank of Pakistan, Telecom Sector is a major source through which Pakistan has received FDI. It invested $736.7 million in first 11 months, out of which $330 million was withdrawn by Foreign Telecom Operates, resulting net FDI of $406.4 million. This is all due to the introduction of 3G & 4G. It is expected that Pakistan may receive much more because of the upcoming plan for expansion of the services.