Tag: HBL

  • Banks increase charges for ATM withdrawals from other banks

    Banks increase charges for ATM withdrawals from other banks

    For cash withdrawals at ATMs from banks other than the account’s host bank, some commercial banks have increased the per transaction cost from Rs18.50 to Rs23.44.

    Some banks have already begun charging their clients, while others are expected to do so within the coming weeks.

    The details indicate that commercial banks, including United Bank Limited (UBL), Askari Bank, Bank Al Habib, Meezan Bank, Bank of Punjab (BOP), Telenor Microfinance Bank, and National Bank of Pakistan (NBP), updated their schedule of charges and increased the fees on cash withdrawals made by customers of various banks through their ATMs.

    Banks like Bank Alfalah, MCB Bank, and Habib Bank Limited did not change the fees for cash withdrawals made through the Link 1 changeover. On the same account, these banks charge between Rs18.50 and Rs18.75 every transaction.

    These fees make up a substantial portion of 1-Link Switch as well as a small portion of a bank that operates an ATM that is utilised by clients of other banks to conduct transactions.

    Not all banks will necessarily use the same strategy. However, the majority of banks, are expected to gradually impose or increase the fees.

  • Car sales up by 53.7 per cent in 2022, despite repeated price hikes

    Car sales up by 53.7 per cent in 2022, despite repeated price hikes

    The latest data provided by the Pakistan Automotive Manufacturing Association (PAMA) shows that overall car sales climbed by 53.78 per cent during the first nine months of the current fiscal year 2021-22 (July-March) compared to the same period in the past financial year.

    Keeping in view the recent figures, 172,612 vehicles were delivered in the time period under consideration, compared to 112,244 cars in the previous year. In March 2022, the country’s car sales climbed by 33.28 per cent on a year-over-year (YoY) basis when compared to the same month in 2021.

    In March 2022, car sales soared to 22,799 units, up from 17,105 units in the same month the previous year. considering the breakdown of the numbers, around 26,830 combined units of Honda Civic and City were sold in the fiscal year 2021-22, compared to 18,816 units in 2021, indicating a 42.59 per cent increase.

    The sale of Toyota Corolla and Yaris sedans increased by 24.93 per cent in the same time, rising to 43,695 units from 34,975 units the previous year. Suzuki Swift sales, on the other hand, fell by 73.78 per cent, from 1,896 units in July-March 2020-21 to 497 units. The drop witnessed in sales of Suzuki Swift was due to the production cut of the older Swift, which was scheduled to be replaced by the fourth generation in February of this year.

    Read more: Toyota Pakistan records highest monthly sales, selling 7,132 vehicles in March 2022

    With 53,241 units sold so far in the fiscal year 2022, Pakistan’s smallest engine size vehicle, the 660cc Alto, is now the most popular. It is worth noting that the mini hatchback is also the country’s ‘cheapest’ four wheeler from the big three.

  • From Larkana to PSL6: All you need to know about Shahnawaz Dahani

    From Larkana to PSL6: All you need to know about Shahnawaz Dahani

    The Pakistan Super League (PSL) has become a platform for many aspiring and young cricketers to fast track their cricket journey. Shadab Khan, Hassan Ali and Haris Rauf are just some players who have become superstars and made it to the national team after performing in PSL.

    This year, the player who caught everyone’s attention is 22-year old fast bowler Shahnawaz Dahani – a young man from Larkana who has impressed everyone with his bowling skills and celebration style. Dahani was picked by Multan Sultans as an emerging player in the PSL6 draft and made his debut for Sultans during a game against Peshawar Zalmi. Since then, he has played three games and has taken two wickets in each of them.

    In an interview with Geo Super, the young cricketer opened up on his struggle, journey and future targets.

    Dahani is from a small village named Khuhawar Khan Dahani. Growing up, he used to play tape-ball cricket, barefooted, on an open and uneven field in his village.

    “I was passionate about bowling fast and was known in my village for my fast bowling, that’s why many there had named me 3G bowler – to relate the speed with the speed of the internet,” shared Dahani, adding that he knew nothing about professional cricket back then.

    Dahani said that he was invited to the U19 trials after some guests in his village witnessed him bowling with a tape ball.

    Recalling the moment, Dahani said when he was invited for the trials, he didn’t have any proper gear or shoes so he borrowed them from a friend and showed up to the trials. There he got selected to play inter-district U19 matches.

    Dahani, who has a B.Com Degree, said that his father wanted him to concentrate on his studies but his passion for the game pushed him to pursue it.

    “He [my father] is no more with us, but I am sure he would’ve been very proud today seeing me become the face of my village and bringing laurels” said Dahani.

    Dahani said when he completed the U19 season, he didn’t know there was a rule called “overage”. He showed up for trials again only to be told that he’s not eligible and needs to compete with seniors now.

    “I had no idea what had just happened, but I didn’t give up and made myself realise that if I have to compete, I will have to beat everyone” said the aspiring cricketer.

    After playing grade 2 cricket, he made his first-class debut last season and got 27 wickets in 8 games. His performance during the Quaid-e-Azam Trophy impressed many which is why he was picked as an emerging player by Multan Sultans.

    Talking about his PSL journey and future goals, Dahani said: “I want to be among [the] best bowlers here. I know it’s a tough competition but I am giving my best.”

    “Everyone has their eyes on PSL and your performances here are noticed. It paves your way to [the] national team [and] you become a true star only when you’ve Pakistan’s star donned on your chest,” added the cricketer.

    “Sharing a dressing room with players like Shahid Afridi, Imran Tahir, Carlos Brathwaite is confidence-boosting for me. To be with them, celebrate with them and share a dressing room is increasing my courage as a cricketer,” he said.

    Recalling his humble beginnings the fast bowler shared that he was so passionate about cricket that he never missed any game on TV.

    “There was no facility, proper cable or anything so we made makeshift arrangements with friends to watch cricket matches. I had memorised stats and [the] action of all the bowlers then,” he said, adding that he aims to emulate bowlers like Shane Bond and Jofra Archer who are his role models.

  • ‘PSL 2021 to continue as per schedule’

    ‘PSL 2021 to continue as per schedule’

    The Pakistan Cricket Board (PCB) has announced that the ongoing Pakistan Super League (PSL) will go ahead as per schedule amid false reports that the league could be postponed for a few days due to an outbreak of COVID-19 in the Islamabad United camp. It also said that the stadiums will see 50 percent crowds until March 16.

    Director Media and Communications at PCB Samiul Hasan Burney announced the news at a press conference and revealed that three out of the 244 PCR tests conducted returned positive.

    Two of the three infected personnel were foreign players, including Islamabad United’s Fawad Ahmed, whose positive test was made public on Monday and led to the rescheduling of Islamabad, Quetta fixture.

    “We conducted 244 PCR tests, in addition to the rapid tests conducted,” said Burney. “Of the 244 tests, three have come back positive. Two foreign players and one support staff have tested positive.”

    While the identity of the other foreign player has not yet been disclosed, journalist Abdul Ghaffar has said that the third person is a member of the support staff.

    Meanwhile, sports journalists and analysts are urging the board and public not to panic, highlighting that such incidents are common in events of such scale.

  • To celebrate six successful years of PSL, PCB releases first ever music album

    To celebrate six successful years of the HBL Pakistan Super League (PSL), an album comprising six “Taranay “, was released yesterday.

    The album comprises five tracks – composed and performed by youth artists namely Maanu X Rozeo, Lyari Underground, Janoobi Khargosh, Talal Qureshi and Khumariyaan – and the album also includes 2021 edition’s widely popular anthem ‘Groove Mera’.

    Here is the complete list of Tracks :

    Googly

    “Working with team of HBL PSL 6 has been a dream come true! It was a pleasure working on the song and a process that Rozeo and I enjoyed thoroughly. We hope you enjoy listening to our song as much as we enjoyed making it,” said Maanu [Rehman Afshar], while talking about his experience of working on the song.

    Maidaan

    “It’s heart-warming to see HBL PSL engage artists from all over this diverse country. The band is humbled to have been given a great level of respect and acknowledgement and because of it we’ve put all our energy into our production. Excellent experience through and through being a part of HBL PSL Taranay. Pakistan Zindabad,” stated the band Khumariyaan.

    6ixer

    Talking about the track ‘6ixer’, Singer Talal said, “It has been a great experience working and contributing to the HBL PSL’s original music album. I’ve always been passionate about cricket and when I got this opportunity, I couldn’t say no. With 6ixer, I just wanted people to feel the energy of the game. Due to the pandemic, many people will not be able to attend in person. But I wanted them to feel connected and give everyone something to dance to.”

    https://twitter.com/thePSLt20/status/1363830511345438721

    Bazi Paltay Gi Yahan

    The band Janoobi Khargosh in a collective statement said, “It was a bit of a challenge, creatively, to write a song that would be played for a massive audience in a stadium. Getting this opportunity to compose a song for HBL PSL Taranay allowed us to think in a completely new kind of way. Overall, it turned out to be a rewarding and fun experience, and we learned something new about ourselves: we can do anything we set our minds to.”

    Laibo

    “We are really proud to present a song for HBL PSL 6 in our own style and language. This is a great opportunity for people to interact with the culture of Lyari and to celebrate its music and its people,” stated the music band Lyari Underground about the track, ‘Laibo’.

  • Here is why some banks are charging Rs2.50 at ATM withdrawals

    Here is why some banks are charging Rs2.50 at ATM withdrawals

    Many people have been charged Rs2.50 at Automated Teller Machines (ATM), creating buzz on social media. But what is it all about?

    As per details of the new charges, the State Bank of Pakistan (SBP) has not issued any directives to commercial banks to charge against the service of transaction receipts.

    But one of the largest banks in the country, Habib Bank Limited (HBL), confirmed that the initiative is part of a “GO GREEN” exercise by 1Link to urge customers to avoid unnecessary use of paper and keep the environment clean.

    1Link, which provides ATM services to the banks in Pakistan, came up with a unique justification in their official statement.

    Ther payment switch operator stated that the SMS Service is free and could be used as an alternative. Many banks charge an amount ranging from Rs50 to 75 + tax on a monthly basis. Notwithstanding, the central bank directed them to make SMS services free.

    The fee of Rs2.5 on printing receipts has been implemented by some banks. One after another, banks will likely impose the charges on the customers.

    Some banks might use it as a marketing strategy to their advantage and refrain from this practice.

    What are your views on this? Share with us in the comments below.

  • Foreign cricketers refuse to play entire PSL in Pakistan

    Foreign cricketers refuse to play entire PSL in Pakistan

    Foreign cricketers have refused to play the fifth season of the Habib Bank Limited (HBL) Pakistan Super League (PSL) scheduled to be entirely held in Pakistan next year, Cricket Pakistan reported Friday.

    Pakistan Cricket Board (PCB) had earlier said that the fifth edition of the PSL will entirely be played in the country and is expected to take place from February 20 to March 22.

    Speaking to a private media outlet, Pakistan Cricket Board (PCB) chairman Ehsan Mani insisted that there are no concerns regarding hosting the entire HBL PSL in Pakistan.

    “I took the approval of PCB’s patron-in-chief regarding holding the tournament in Pakistan, after consulting all franchise owners,” Mani said, adding that he had invited team owners for a meeting next week on Monday in Lahore, where the matter would be discussed again.

    “Till now, no franchise has shown any reservations, so there is no possibility of shifting the matches anywhere else,” he added.

    However, according to reports, franchises want to hold at least half of the PSL 5 matches in the United Arab Emirates (UAE), as they feel it is currently not viable to play the entire season in the country.

    They are of the view that it will be difficult to convince foreign players to stay in Pakistan for a longer period of time.