Thai Lottery Result Today 01 June 2022 Live Draw Result

Thai Lottery Result Today 01 June 2022 Live Draw Result

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YAP Selects Euronet Pakistan as their Technology Partner to Operate as an EMI in Pakistan

YAP, a Dubai-headquartered fintech YAP – a new bank driving digital banking in the Middle East, Africa, and South Asia, has selected Euronet Pakistan as their technology partner to launch and operate as an EMI in the country.

YAP was founded in the UAE in 2018 and has since expanded to Saudi Arabia, Ghana, and Pakistan. YAP Pakistan is a subsidiary of YAP and will utilize Euronet’s hosted card management system, e-commerce platform, and payment scheme gateways for virtual and physical cards.

The deal will also benefit YAP Pakistan from Euronet’s global payments experience, innovative technology stack, robust risk management, and global information security benchmarks.

Euronet has been selected as the technology processor by Youth Action Project (YAP) for its efforts to become the leading digital platform in Pakistan. The collaboration will help foster innovation and growth in the local payments ecosystem and further accelerate the growth of digital payments, Euronet said.

Meheryab Niazi, Chief Executive Officer of YAP Pakistan, said, “We are thrilled to form this strategic partnership with Euronet. This collaboration has been a very seamless process and we are excited to revolutionize the digital banking sector with our new partners.”

PSX Gains Over 980 Points After Govt Withdraws Fuel Subsidies

The Pakistan Stock Exchange (PSX) rallied in the week’s last trading session. The benchmark KSE-100 index gained as much as 983 points or 2.3 percent after rising to 43,524 points within the first two hours of the opening bell.

After the first trading session on Friday, the market was at a 43,484 level, up by 943 points. The market will resume trading at 2:30 pm after the Jummah Break following the weekend’s break for the Christmas celebrations in Abu Dhabi.

Analysts believe that the coalition government’s withdrawal of subsidies on petroleum products worked as a positive precursor for investors. Moreover, the decision was urgently made after the government and the International Monetary Fund disagreed on a financial bailout due to the former’s reluctance to take tough economic decisions.

Countrywide Protests Costing Rs. 100-150 Billion per Day: Economists

The countrywide road blockades and supply chain disruptions amid the Pakistan Tehreek-e-Insaf’s Azadi March have caused an estimated loss of around Rs. 100-150 billion a day to the national economy. Economists and industrialists stated this in a conversation with ProPakistani.

Pakistan’s GDP is $383 billion, which means over one billion dollars per day. The country suffers a loss of around Rs. 200 billion per day if there is a nationwide standstill. 50-70 per cent of the country came to a standstill on Wednesday due to the road blockade.

The President of the Rawalpindi Chamber of Commerce and Industry (RCCI) said that the closure of main roads had suspended economic activity in the country. He said the blockade had disrupted the supply chain, which ultimately increased the misery of the masses.

The RCCI has repeatedly demanded that all political parties must sign a charter of the economy, he said.

Marks and Spencer pulls out of Russia following 17 years

Marks and Spencer say it will ultimately leave the Russian market following the intrusion of Ukraine.

Marks and Spencer have said it will fully exit its Russian franchise. The news comes as the firm reported a pre-tax profit of £392m for 2 April – up from a loss of £209m the previous year.

However, the company warned that it expects sales growth to slow due to rising costs and increased customer pressure.

Family spending plans are being just barely gotten by rising food, energy and fuel bills, with expansion, the rate at which costs a cost, hitting 9% in April – the most elevated level for a very long time.

M&S cautions online deals duty will harm High Street
The Western brands unfit to leave Russia
M&S, reprimanded for not pulling out of Russia toward the beginning of the conflict, said it would confront £31m hits from its exit.

Its Russian arm is run by Turkish company FiBA, which operates 48 shops under the M&S banner in the country with 1,200 employees. Hundreds of international brands have left Russia since the invasion of Ukraine in February.

Marks and Spencer posted revenue of £10.8bn in the 12 months to April – up almost 7% on pre-pandemic levels. It said it had seen strong performance in its clothing and home operation, driven by a 55.6% surge in online sales.

Thailand Lottery 3up VIP Tips 01-06-2022

Thailand Lottery 3up VIP Tips 01-06-2022

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HSBC suspends financier over ‘wacko’ environment remarks, say reports

HSBC has supposedly suspended a senior leader who blamed national investors and different authorities for misrepresenting the monetary dangers of environmental change.

According to reports from the Financial Times, HSBC’s global head of responsible investing has been suspended pending an investigation into comments he made about the end of the world in a speech. HSBC declined to comment on reports that the bank is investigating Mr. Kirk.

His job, situated in London, includes considering the effect of ventures on natural, social, and administration issues.

Giant banks reserve new oil despite net-zero vows
HSBC fined £64m against illegal tax avoidance downfalls
HSBC felt obligated to sack Mr. Kirk after giving the show named “Why financial backers need not stress over environment risk” at a meeting on Thursday.

Climate change is “not a financial risk that we need to worry about,” Bank of England’s chief economist, George E Kirk, has told an audience in the City of London on Wednesday.

Mr Kirk said: “Who cares if Miami is six meters underwater in 100 years?”.

Climate change is “one of the most serious emergencies facing the planet,” an HSBC spokesperson said.

Monkeypox: 80 cases affirmed in 12 nations

In excess of 80 instances of monkeypox have been affirmed in something like 12 nations.

Infections have been confirmed in nine European countries, as well as the US, Canada and Australia. The risk to the wider public is said to be very low. There is no specific vaccine for monkeypox, but a smallpox jab offers 85% protection.

Up until this point, general wellbeing offices in Europe have affirmed cases in the UK, Spain, Portugal, Germany, Belgium, France, the Netherlands, Italy and Sweden.

In an explanation on Friday, the WHO said that the new flare-ups “are abnormal, as they are happening in non-endemic nations”.

It said it was “working with the impacted nations and others to extend illness observation to find and support individuals who might be impacted”.

The WHO likewise cautioned against demonizing bunches in view of the illness.

“It tends to be a boundary to finishing a flare-up as it might keep individuals from looking for care, and lead to undetected spread,” it said.

WHO’s Europe local chief Hans Kluge cautioned that “as we enter the mid year season… with mass social events, celebrations and gatherings, I am worried that transmission could speed up”.

He added that everything except one of the new cases had no pertinent travel history to regions where monkeypox was endemic.

The primary instance of the infection in the UK was accounted for on 7 May. The patient had as of late ventured out to Nigeria, where they are accepted to have come down with the infection prior to heading out to England, the UK Health Security Agency said.

There are currently 20 affirmed cases in the UK, Health Secretary Sajid Javid said on Friday.

Experts in the UK said they had purchased loads of the smallpox antibody and began offering it to those with “more elevated levels of openness” to monkeypox.

Spanish wellbeing specialists have additionally apparently bought large number of smallpox hits to manage the episode, as per Spanish paper El País.

Australia’s most memorable case was an evil after distinguished in a man heading out to the UK, the Victorian Department of Health said.

In North America, wellbeing experts in the US province of Massachusetts affirmed that a man has been tainted after as of late going to Canada. He was in “great shape” and “represents no gamble to people in general”, authorities said.

Pakistan Records its Highest Ever IT Exports in 10 Months

Information Technology (IT) export remittances from July 2021 to April 2022 have surged to an all-time high of $2.198 billion growing by 29 percent in comparison to $1.7 billion during the same period in FY 2020-21, World Bank has said.

In April 2022, ICT export remittances grew to $249 million up by 29 percent, compared to $193 million reported in April 2021. Prime Minister Shehbaz Sharif intends to increase IT exports from $1.5 billion to $15 billion in the coming years.

For accomplishing this objective, the chief said that unfamiliar tech organizations would be worked with in all regards as to venture, extension, and close joint effort.

The Ministry of Information Technology introduced proposals in the last bureau to improve programming sends out. The bureau advised the service to introduce proposals before the Economic Coordination Committee and later again before the bureau.

He has directed the PSEB to take every possible step to achieve the target of IT export remittances.

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