President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has revealed that the Pakistanis possess cryptocurrencies roughly worth $20… Read More
Govt Orders Its Departments to Stop Spending Money on Their Sports Teams
The federal government has ordered its departments to suspend financing their sports teams until March 2022, as it plans to… Read More
Rupee Breaks Its Own Record Against Dollar Again Despite Good News from the US
The Pakistani Rupee (PKR) fell to another new all-time low against the US Dollar (USD) and depreciated by 10 paisas… Read More
Peace in Afghanistan will Bolster Regional Economic Prosperity: President Alvi
The President of Pakistan, Dr. Arif Alvi, has affirmed renewed belief in the idea that peace and harmony in war-torn… Read More
Cabinet Delays Rs. 360 Billion Mini-Budget As IMF Loan Nears Maturity
The federal cabinet has postponed the ratification of the proposed Rs. 360 billion mini-budget and a contentious central bank autonomy… Read More
QisstPay Gets Pakistan’s First Non Banking Finance Company License
For the first time in the country’s bleak startup history, the Securities and Exchange Commission of Pakistan (SECP) has awarded… Read More
Agri-Supply Chain Startup Raises $2.5 Million in Pre-seed Funding
Jiye Technologies, a Pakistan-based agri-supply chain platform, has raised $2.5 million in a pre-seed funding round led by numerous investors… Read More
Rupee Breaks Another All-Time Low Record Against the US Dollar
Although it is a redundant movement, the Pakistani Rupee (PKR) slid to a new all-time low against the US Dollar… Read More
Undersea Cable Cut Disrupts Internet Services Across Pakistan [Updated]
Update: Alternate Arrangments Made for Internet Connectivity Affected by Fault in International Submarine Cable A fault in one of the… Read More
Mini-Budget: 15% Withholding Tax on Cellular Services Under Consideration
The government is considering raising the withholding tax (WHT) on cellular services from 10 percent to 15 percent in the… Read More
Sindh Engro Has Mined 10 Million Tons of Coal in Less Than 3 Years
The Sindh Engro Coal Mining Company (SECMC) has accomplished a production benchmark of 10 million tons of coal. After starting… Read More
Govt Fixes $31.20 Billion Export Target for 2021-22 Under Trade Policy 2020-25
The Ministry of Commerce has fixed an export target of $31.20 billion for 2021-22 in the Strategic Trade Policy Framework (STPF)… Read More
