Inclusive financing improving in Pakistan, says Queen Maxima

BY AMIN AHMED

ISLAMABAD: Queen Maxima of the Netherlands, who is the UN Secretary-General’s Special Advocate for Inclusive Finance for Development, said here on Tuesday that Pakistan had built one of the strongest foundations for financial inclusion in the world.

She was speaking at the launching ceremony of the Universal Financial Access initiative of the State Bank of Pakistan (SBP).

The queen said new regulations had supported the emergence of branchless banking, a growing microfinance sector, effective payments systems and a more constructive approach to customer identification.

Read more » DAWN
See more » http://www.dawn.com/news/1238590/

Husky Energy lays off workers across company’s operations

Calgary-based Husky Energy said it has laid off workers on Tuesday but declined to provide specific numbers or details on the jobs lost.

“These are difficult decisions and we will continue to take the steps necessary to ensure the company’s resilience through this cycle and beyond,” spokesperson Mel Duvall wrote in a statement.

Duvall said the job cuts were across the company’s operations.

Posts on social media and tips sent to Global News from people claiming to be employees suggested as many as 500 positions had been eliminated.

Read more » Global News
See more » http://globalnews.ca/news/2507657/husky-energy-lays-off-workers-across-companys-operations/