Pakistan received record-breaking remittances of more than $2 billion from expats in different countries. The remittance of $2.3 billion sent… Read More
Pakistan’s Electronic Media Industry To Attract $2 Billion: Economic Survey 2018-19
Pakistan electronic media industry has been going through a tough period due to retrenchment in the system and technological transformation… Read More
Remittances via IT Sector Grow by 151% in 5 Years
Remittances received by the country through IT sector, including IT-enabled services and Business Process Outsourcing (BPO), have witnessed a record… Read More
3rd Highest Share of Deposits in Pakistani Banks Belongs to Unemployed Housewives & Students
Pakistani banks have amounts worth more than Rs. 2 trillion in their accounts which belong to housewives and students. According… Read More
Uber-Careem Deal To Attract Significant FDI in Pakistan
Uber’s acquisition of Careem is expected to bring significant investment in Pakistan, Careem officials told ProPakistani. The amount includes the… Read More
Pakistan Wins Global Laurels for Financial Inclusion
Pakistan Poverty Alleviation Fund (PPAF) has won the prestigious CIS Islamic Banking and Finance award for being the best contributor… Read More
Remittances to Pakistan Expected to Hit $2 Billion This Month
Remittance inflows from overseas Pakistanis are likely to go up to $2 billion in May due to Ramadan. Overseas Pakistanis… Read More
Banks Increase Installment Rates for Car Financing
Cars are becoming unaffordable for a big section of Pakistanis these days, even through bank financing which is now beyond… Read More
Pakistan’s IT Exports Surge To $800 Million in Q3 FY19
The exports of IT and IT-enabled services have crossed the $800 million mark by the end of the third quarter… Read More
PNSC Acquires Korean Tanker for $30 Million
Pakistan National Shipping Corporation (PNSC) has added a ship in its fleet worth $30 million, aimed at meeting the increasing… Read More
You Can Now Get Exclusive Financing Deals on Isuzu D-Max With Bank Alfalah
Bank Alfalah Islamic, Pakistan’s rapidly growing Islamic Bank, has recently signed a Memorandum of Understanding with Ghandhara Industries Limited (GIL).… Read More
MoneyExpress to be Launched in Pakistan
UnionPay International (UPI) and Bank Alfalah have signed an agreement to launch MoneyExpress in Pakistan. MoneyExpress, powered by UnionPay, is… Read More
Banks Reluctant to Offer Free SMS Alert Service To Customers
Some of the commercial banks are not complying with the directives of the central bank to send free SMS alerts… Read More
Byco Petroleum Reports a Gross Profit of Rs. 1.4 Billion in H1 FY2018-19
Pakistan’s leading oil company, Byco Petroleum Pakistan Ltd. (BPPL), has announced financial results for the six months that ended on… Read More
NBP Records its Highest Revenue in 7 Decades for 2018
National Bank of Pakistan (NBP) has become the second most profitable bank of 2018 in Pakistan after MCB, which was… Read More
