The Deposit Protection Corporation (DPC) has announced the release of its fourth Annual Report for the fiscal year ended June… Read More
Govt Eyes Bringing PayPal and Creating Other Payment Methods to Enhance IT Export Remittances
Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired a high-level meeting of the Prime Minister’s Committee on IT Export… Read More
Only 38,000 Out of 23 Lac Freelancers Have Bank Accounts
Pakistan is home to over 2.3 million freelancers out of which just 38,000 have bank accounts. This was revealed during… Read More
PSX to Launch Cash-Settled Futures to Boost Market Liquidity
The Pakistan Stock Exchange (PSX) plans to introduce cash-settled futures and options, with testing set for March 2025, reported Bloomberg.… Read More
National Adoption of Digital Payments Will Create 4 Million Jobs, Add $263 Billion in Deposits: Report
The national adoption of digital payments could not only reduce the size of the informal and cash economy but it… Read More
World Bank Moderately Satisfied With $425 Million Transmission Modernization Project
The World Bank has rated the implementation of ‘National Transmission Modernization Project’ of $425 million as moderately satisfactory, observing that… Read More
World Bank Approves $240 Million Water Sanitation Project for Karachi
The World Bank approved $240 million in financing for the Second Karachi Water and Sewerage Services Improvement Project (KWSSIP-2) to… Read More
World Bank Cancels $500-600 Million Loan to Pakistan Over Unmet Energy Conditions
The World Bank has canceled $500-600 million in loans to Pakistan due to its failure to meet key conditions like… Read More
Islamic Finance and Capital Markets Will Help Pakistan Achieve Stability: FM
Federal Minister for Finance and Revenue Muhammad Aurangzeb has said that Islamic finance and Islamic capital markets can play a… Read More
IGI Holdings Subsidiary Wants to Buy 40.6% Stake in Mitchell’s Fruit Farms
IGI Investments has informed its parent company IGI Holdings Limited (PSX: IGIHL) that it intends to buy a 40.63 percent… Read More
Fashion Marketplace LAAM Raises $5.5 Million Led By Shark Tank Judge Faisal Aftab’s Zayn VC
Global revenues of the South Asian ethnic wear market are projected to reach $129 billion by 2030, with nearly $46… Read More
European Software Giant Plans to Expand Operations in Pakistan
Relational, a European-based leading business software provider, is planning to expand its operation to Pakistan. In this regard, the software… Read More
