Thursday March 18, 2010 
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 Supplements[1-8 of 8 stories]  
  Insurance Industry   |  Mobile Commerce 2010  

Message from Chairman, Pakistan Telecommunication Authority
TEXT (March 18, 2010): Asia now accounts for about half of the total world mobile subscribers. With a mobile subscribers density touching 60%, Pakistan is now among top five Asian nations in terms of mobile users and services. In just five years the subscribers base has increased from 5 million to 97.5 million, a phenomenal 20 times jump.



Message from Deputy Governor State Bank of Pakistan
TEXT (March 18, 2010): I am pleased to say the State Bank wholeheartedly supports branchless banking and has introduced Regulations on Branchless Banking as a part of its broader strategy to create an enabling regulatory environment with a key objective of promoting financial inclusion, extending core banking services, and ensuring a common platform for the payments and settlement system for deposit taking Financial Institutions.



Message from Chief Executive, TOTAL Communication
TEXT (March 18, 2010): It gives me immense pleasure to share my views on the auspicious occasion of 3rd International Mobile Commerce Conference, the event that is being organised by Total Communication for third year in a row. With the support of all stakeholders the event is now a permanent feature of technology map of Pakistan.



Message from Partner AbacusConsulting
TEXT (March 18, 2010): Mobile penetration now nears the 100 Million Subscriber mark in Pakistan and this by far forms the most ubiquitous communication channel in the country. The staggering growth has come from a combination of a committed regulator, world-class cellular service providers and substantial investment in developing the mobile networks.



AbacusConsulting: Helping you to create the future of your business
ARTICLE (March 18, 2010): The value offered by AbacusConsulting has a deep scale, is industry focused and technology driven with a world-class delivery capability. AbacusConsulting helps to transform the businesses of clients who want to be leaders in their industry.



HBL eyeing the unbanked segment
ARTICLE (March 18, 2010): The world has witnessed an unprecedented revolution in recent times. Today, more than 4 billion people across the globe (60% of the population) have embraced mobile technology and unlike any other technological revolution an upsurge has come from developing world instead of developed world.



UBL - first bank in Pakistan to offer transactional internet banking
ARTICLE (March 18, 2010): Mobile Banking is commonly defined as providing of banking- and financial services with the help of mobile telecommunication devices.



Get ready for mCommerce 2.0
ARTICLE (March 18, 2010): Just as the "noughties" were the decade of the mobile device, the teens will be the decade of mobile financial services. Today the mobile is the most ubiquitous form of technology and means of communication, outnumbering fixed-line phones, PCs, TVs and even the radio. In the next ten years mobile will move to also being at the centre of how we manage our finances.


 
 

 
 

  

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The Rupee
Interbank closing rates for dollar on Wednesday.
BuyingRs 84.25
SellingRs 84.30
Dollar drifts lower
8556.86  199.43
Sectoral Indices 
Market at Close
BRIndex-30 8,556.78
KSE-30 Index 10,344.15
KSE-100 Index 10,007.87
LSE-25 Index 3,152.94
ISE-10 Index 2,457.77
Gold Per 10gm 30,857.00
KCA Spot Rate 5,500.00
Libor Rate 0.40188
World Indices
Index Closing Chg%
DJIA 10,733.67 0.45
Nasdaq 2,389.09 0.47
S&P 1,166.21 0.58
FTSE 5,644.63 0.40
DAX 6,024.28 0.89
CAC-40 3,957.89 0.48
Nikkei 10,744.03 0.95
H.Seng 21,330.67 0.25
Sensex 17,519.26 0.17
NY Closing
Euro 0.7282
Sterling 0.6528
Swiss Franc 1.0546
Yen 90.321
Gold 1122.30
Cotton 81.170
Oil 82.70
Economic Indicators
Annual2008/09
Foreign Debt $50.1bn
Per Cap Income $1046
GDP Growth 2.0%
Average CPI 20.77%
MonthlyFebruary
Trade Balance $-964 bln
Exports $1.53 bln
Imports $2.50 bln
WeeklyMarch 15, 2010
Reserves $14.725 bln
 











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