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Monthly Archives: November 2018

2Checkout update – Part II

2Checkout update – Part II The promised follow on update on the 2Checkout wire transfer saga in Pakistan. The banks are not in it to let a thousand flowers bloom. First the bad news. Habib Bank Limited (HBL) and MCB Bank Limited on Monday, 26th

Goldman Sachs logo

Goldman Sachs and the 1MDB Scandal

Between 2012 and 2013 Goldman Sachs helped raise US$ 6.5 billion over three bond sales for 1Malaysia Development Berhad (1MDB). 1MDB was the strategic investment and development company that was wholly-owned and controlled by the Government of Malaysia through its Ministry of Finance. Goldman Sachs

Pakistan Tech Services Exports 2005-2018

Pakistan Technology Industry – Past, present, future

Pakistan Technology Industry – Past, Present and Future TL;DR; Habib University hosts Jawwad Farid and his talk on the history of Pakistan’s Technology Industry and its future outlook. Jawwad walks through 50 years of events, trends and milestones in less than 78 minutes. Delivered on

Team Pakistan

Pakistan banks put hold on 2Checkout export wire transfers ?

Pakistan banks put a hold on 2Checkout wire transfers? TL;DR; Pakistani banks refuse to process wire transfers sent by payment gateways and aggregators. During an ongoing balance of payment crisis, they plan to return US$ 200 million in annual technology and SME linked online export

Production/Consumption ration and Crude Oil Prices

Crude Oil Price Outlook 2018 – 2019

Introduction Crude oil prices have been falling steadily after reaching a four year high of $86.07 (Brent) in early October 2018. In this post, we look at six drivers to gauge the direction that crude oil price will be taking in the coming months of