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US – Pakistan Credit Initiative Targets Small- to Medium-Sized Pakistani Businesses

A bilateral government initiative aims to grow micro- to medium-sized businesses in Pakistan through a new, U.S. government-launched program. The effort marks the first escalation of business collaboration between the nations, which have seen relations worsen significantly this decade, in some time. Announced recently, the U.S.-Pakistan Partnership for Access to Credit program partners the U.S. Agency for International Development (USAID) ... Read More »

Country Risk Climate: Trends to Keep an Eye On

Canada – a telling foreign trade deficit; Kuwait – yet another Cabinet reshuffle; Tunisia – hope that the IMF will be satisfied. BRAZIL: The real has steadied in the FX markets thanks to promises that the CB will extend its intervention program and in expectation of higher interest rates, even though the economy has clearly weakened. The political outlook remains ... Read More »

Financial Inclusion: Credit Reporting for Microfinance? It Can Be Done. Just Ask Pakistan

Huddled in the crowded lobby of the Sheraton Arlington hotel at the annual SEEP Network Conference, we listened intently to Syed Mohsin Ahmed as he elaborated on Pakistan’s new Microfinance Credit Information Bureau (MF-CIB). We scribbled in our notebooks, taking down points for the Financial Inclusion 2020 Credit Reporting and Client Information Analytics Experts’ Working Group, of which he is a ... Read More »

Alibaba Group’s new Partnership and Mapping Service

Pakistan & China, 24th October: Alibaba.com, the B2B subsidiary of e-commerce giant Alibaba Group, has reportedly entered into a partnership agreement with Pakistan-based Pearl Shine Group International (PSGI) to help small businesses from Pakistan to market their products and services overseas. According to media reports, Alibaba.com reportedly has 650,000 Pakistani small and medium enterprises members. Separately, Alibaba’s consumer-focused division Taobao, ... Read More »