Business
Pakistan Launches First-Ever Bunkering Facility at Karachi Port
Pakistan has officially entered the global bunkering market. On 19th November 2025, the country launched its first standardised bunkering operations at the Karachi Port. The move brings Pakistan’s largest port in line with global maritime safety and operational standards. A…
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38000 Out of 2.32 Million Freelancers Hold Bank Accounts
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As shocking news broke during a high-level meeting of the Prime Minister’s Committee on IT Export Remittances, it was revealed that out of Pakistan’s 2.32…
Supreme Court Declares Software Payments as Business Income, Not Royalties
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The Supreme Court of Pakistan’s review bench has determined that payments for the use of computer software are to be treated as “business income” rather…
Pakistan Startup Ecosystem Report 2024 Revealed
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Invest2Innovate (i2i) has released its highly anticipated Pakistan Startup Ecosystem Report 2024 (PSER 2024), which provides a novel viewpoint on the current status of entrepreneurship…
SBP Introduces Direct Investment Platform for Government Securities
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The State Bank of Pakistan (SBP) has announced the launch of a new platform called InvestPak, aimed at simplifying the process of investing directly in…
FBR Withdraws Draft Notification After Baggage Rules Misinterpretation
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In a recent development, the Federal Board of Revenue (FBR) issued a clarification regarding its draft SRO 2028(I)/2024 dated December 6th, 2024, which proposed amendments…
Automotive Sector in Pakistan Sees a 50% Boost in Car Sales
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ISLAMABAD: In a recent development, the Pakistani auto industry’s growth has remained strong and resilient through the first five months of the fiscal year 2024-25.…
Pakistani Banks to Replace OTP with TPIN for Enhanced Digital Security
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The State Bank of Pakistan (SBP) has issued a new series of directives for banks and microfinance banks (MFBs) that have adopted the necessary measures…
FBR Chairman Restores Policy Permitting Passengers to Bring Two Mobile Phones
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The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood Langrial, has reinstated the old policy that permits passengers arriving from abroad to bring two mobile…
FBR Proposes Limits on Mobile Phones and Commercial Imports Over $1,200
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The Federal Board of Revenue (FBR) has proposed new regulations under the baggage scheme, which impose a limitation on travelers, permitting them to bring no…
PSX to Suspend FFBL Trading and Close Futures Contracts Ahead of Merger with FFC
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The Pakistan Stock Exchange (PSX) has announced that trading in the shares of Fauji Fertilizer Bin Qasim Limited (FFBL) will be suspended starting from Monday,…
Pakistan Air Force to Purchase PIA’s PEC Unit for Rs6.5 Billion
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The government has finalized the sale of a business unit from Pakistan International Airlines (PIA) to the Pakistan Air Force, with a payment of Rs2.5…
ICA Declares 84 Pakistani Mills as Defaulters for Procurement Violations
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The International Cotton Association (ICA) has officially labeled 84 textile mills in Pakistan as defaulters due to their failure to honor procurement agreements. This decision…
Internet Slowdown Causes Pakistani Freelancers to Lose 70% of Work
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The ongoing internet slowdown in Pakistan has hit the freelancing sector hard, with online workers reporting a dramatic 70% reduction in work opportunities. The nationwide…
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