Pakistan’s IT sector made a giant stride in the outgoing financial year with an impressive penetration in the exporting countries,… Read More
Current Account Closes FY20-21 With a Deficit of $1.8 Billion
Despite record receipt of exports and all-time high inflows of remittances, the current account posted a deficit of $1.8 billion… Read More
Overseas Pakistanis Break All Remittance Records in FY21
Remittances sent by overseas Pakistanis made history with consistent growth in inflows recorded every month during the financial year 2020-21,… Read More
Exclusive: FBR is Deducting 1-2% Tax on IT Related Exports
Sources have informed ProPakistani that the Federal Bank of Revenue (FBR) has initiated deduction of tax from the exports earnings… Read More
Investment by Banks in Govt Securities Exceeds 90%
The investment of commercial banks in government securities has been phenomenal over the last 14 years, having surged to over… Read More
Pakistan Beats India in Manpower Exports
Pakistan has become a leading country in the region, leaving behind India and Bangladesh in the export of manpower in… Read More
Pakistan’s Meat Exports Records 100% Growth in A Decade
Pakistan’s exports of meat and meat preparations are gradually penetrating different countries in terms of volume and value as it… Read More
IT Exports Cross $1.5 Billion For The First Time
Pakistan’s IT industry has maintained robust growth in recent months as it crossed $1.5 billion for the first time. The… Read More
Asset Value of Islamic Banking Industry Surges Over Rs. 4 Trillion
Islamic Banking Industry (IBI) witnessed tremendous growth in the outgoing year of 2020. Islamic banking operations increased, and its influence… Read More
Standard Chartered Launches Futuremakers Agri-entrepreneur Program in Pakistan
Standard Chartered Bank (SCB) is launching an agri-entrepreneur program in Pakistan to support young people recover from the economic impact… Read More
Pakistani IT Exports Cross $1 Billion Taking Clients From Indian Companies
Pakistan’s IT exports maintained a tremendous momentum in the current financial year, crossing a mark of $1 billion merely in… Read More
Here’s How Many Smartphones Pakistan Produced Locally in 2019-20
Seventeen various assembly plants have produced 17.62 million mobile handsets including 4G-enabled smartphones locally in Pakistan in the past two… Read More
IT Sector Records Highest Ever Export Receipts in A Month
The IT sector of Pakistan has recorded the highest ever export receipts of $194 million in a single month in… Read More
Current Account Records a Massive Deficit of $662 Million in December
The current account recorded a massive deficit of $662 million in December 2020 after showing a surplus during the previous… Read More
Seven FinTech Companies Receive Approvals to Operate as EMIs in Pakistan
Seven FinTech companies in Pakistan have received in-principle and pilot approvals to operate as Electronic Money Institutions (EMIs) in 2020.… Read More
