1 year ago Telecos Protest 300% Surge in Fiber Router Import Cost The Telecom Operators Association (ToA) has appealed to the Federal Board of Revenue (FBR) Chairman, Mr. Rashid Mahmood Langrial, to
1 year ago Pakistan’s IT Exports Hit Record Record High in December 2024 Despite Internet Issues Pakistan’s technology sector achieved its highest-ever monthly IT exports of $348 million in December 2024, reflecting a 15% year-on-year (YoY)
1 year ago Pakistan’s REER Rises to 103.7 in December 2024, Highest in 8 Months Pakistan’s Real Effective Exchange Rate (REER) increased to 103.7 in December 2024, according to the latest data released by the
1 year ago Pakistan Records $582 Million Current Account Surplus in December 2024 Pakistan posted a current account surplus of $582 million in December 2024, marking the fifth consecutive month of surplus, according
1 year ago UAE Rolls Over $2 Billion Loan To Pakistan for One Year The State Bank of Pakistan (SBP) announced on Thursday that the United Arab Emirates (UAE) has confirmed the rollover of
1 year ago PM Shehbaz Orders to Raise Loan Limit for Small Businesses to Rs 1.5 Million Prime Minister Shehbaz Sharif has directed a 200% increase in the loan limit for Small and Medium Enterprises (SMEs), raising
1 year ago Ijara Capital, Noventa Pharma Secure Majority Stake in Searle Pakistan The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of a 90.61 Percent shareholding in Searle Pakistan
1 year ago ECP Suspends Membership of 119 MNAs for Failing to File Tax Returns The Election Commission of Pakistan (ECP) has suspended the membership of 119 lawmakers, including members of the National Assembly, Provincial
1 year ago Pakistani Banks Expected to See a Decline in Profits Due to Higher Taxes The banking sector in Pakistan is expected to post a 10% year-on-year (YoY) and 24% quarter-on-quarter (QoQ) decline in earnings
1 year ago World’s Largest Submarine Cable Arrives in Pakistan to Boost Internet Connectivity The Africa-2 Cable Project, the world’s largest submarine cable network, has officially arrived in Pakistan, marking a significant step toward