Some of the biggest opportunities in the e-commerce segment arose when the world was suffering from the COVID-19 pandemic. While… Read More
NA Passes Financial Institutions Bill to Improve SME Financing
The National Assembly has passed a legal amendment bill, ‘Financial Institutions (Secured Transactions) (Amendment) Bill, 2020,’ to improve access to… Read More
IMF is Not Cancelling its Loan to Pakistan: Shaukat Tarin
The federal Minister for Finance, Shaukat Tarin, has announced that the Extended Fund Facility (EFF) program will continue as both… Read More
Punjab Allocates Rs. 2.653 Trillion Budget With No New Taxes for 2021-22
The Punjab government presented the budget for the fiscal year 2021-22 with an estimated outlay of Rs. 2.653 trillion, including… Read More
FBR Inland Revenue Officers Allowed to Arrest Anyone Hiding Their Income
The Inland Revenue officers of the Federal Board of Revenue (FBR) have been given unlimited powers to arrest any person… Read More
SBP Issues Instructions to Improve Stability in Islamic Banking
The State Bank of Pakistan (SBP) has issued exclusive instructions on Shariah Non-Compliance Risk (SNCR) management, aimed at enhancing the… Read More
1LINK and REDRETAIL Partner to Offer Bill Collection Services
REDRETAIL (JV of REDtone Group & iDMission LLC) and 1LINK recently signed an agreement to enable bill payments across retail… Read More
BOI Launches Online Portal for Special Economic Zones
Operators and enterprises interested in Special Economic Zones (SEZs) in Pakistan can now register and have their applications processed quickly… Read More
USF Board Approves Rs. 18 Billion Budget for FY2021-22
The Universal Service Fund (USF) Board approved four projects worth approximately Rs. 2.14 billion to provide high-speed internet to approximately… Read More
Rupee Drops to Lowest Level in Months Against the US Dollar
The Pakistani Rupee’s (PKR) fluctuations continue from the previous week’s ups and downs. After posting some gains against the US… Read More
Govt Imposes Taxes on Savings and Medical Treatment of Salaried Class
While Finance Minister, Shaukat Tarin, has been reiterating over and over that there will be no new taxes on the… Read More
GrocerApp Raises $5.2 Million in Series A Funding
The Lahore-based online grocery platform GrocerApp announced that it has raised $5.2 million in a Series A funding round led… Read More
