MCB Bank has recorded a profit of Rs. 21.36 billion in 2018, which is the highest profit so far among… Read More
Software Consultancy is Becoming a Major Part of Pakistan’s IT Exports
Software consultancy services have become an increasingly integral part of the Pakistan IT industry with 32.4 percent share in the overall… Read More
PNSC To Acquire Two Ships in 2019
In order to enhance its fleet size for meeting local demands, Pakistan National Shipping Corporation (PNSC) plans to conclude the… Read More
Banks Fail To Introduce Chip-based Debit & Credit Cards To Their Customers
A majority of the banks in Pakistan has failed to introduce chip-based payment cards to their customers that should be… Read More
Freelancers Make Up 20% of All IT Exports from Pakistan
Pakistan is one of the most active freelancer markets in the world with estimated exports of half a billion dollars… Read More
Pakistan’s IT Exports Cross $500 Million in First Half of FY 2019
Pakistan’s IT industry has made exports of over half a billion dollars in the first six months of the financial… Read More
Pakistani Banking Sector in 2018 [Roundup]
2018 proved to be a critical year for the banking sector of Pakistan which exposed its hidden weaknesses in operations… Read More
CCP Approves 13 Acquisitions Deals In Different Sectors
The Competition Commission of Pakistan, as a part of its statutory mandate, has recently approved 13 notified acquisitions deals of… Read More
Banks Begin Biometric Verification of All Account Holders
Commercial banks have commenced the hectic process of registering millions of existing account holders through biometric verification throughout the country.… Read More
SBP Formulates a Security Plan to Prevent Online Fraud
In order to safeguard banks and their customers from potential losses due to cyber-crimes and online banking frauds, the central… Read More
SBP Asks Banks to Fire Executives Involved in Corruption
State Bank of Pakistan (SBP) has ordered all financial institutions to fire all C-level executives of the top management and… Read More
IT Exports Show Slow Growth in First Four Months of FY2018-19
Pakistan’s exports in the Information Technology industry witnessed a slight growth of 5 percent in the first four months of… Read More
Pakistani Startups Likely To Attract Millions in Funding from Private Equity Companies
Startups and incubation centers are likely to receive funds from private equity funds and companies worth more than Rs. 5… Read More
SBP Orders Banks to Ensure Easy Payments for Freelancers
State Bank of Pakistan (SBP) has directed commercial banks to provide services for freelancers that can enable them to receive… Read More
Are Banks Involved in Maintaining Fake Accounts?
Some fake account and dubious transactions of billions of rupees were recently unearthed by an intelligence agency. The agency also… Read More
