Business
Pakistan’s Fuel Oil Exports Hit Record High as Energy Sector Shifts
Pakistan’s fuel oil exports hit an all-time high this year. Industry data confirms that exports breached 1.4 million metric tons in 2025. This marks a significant shift for the country’s energy sector. According to shipping data from Kpler, export volumes jumped…
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FBR Launches ‘ePayment 2.0’ for Easier Tax Payments
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ISLAMABAD: A new payment creation solution, ePayment 2.0, has been adopted by the Federal Board of Revenue (FBR) as part of changes designed to improve…
2,477 New Companies Registered by SECP in October 2024
2 min read
The Securities and Exchange Commission of Pakistan (SECP) registered 2,477 new businesses in October 2024. This brought the overall number of businesses in the country…
Arshad Khan, the ‘Chai Wala,’ Wins Rs 10 Million Deal for His Tea Brand on Shark Tank Pakistan
2 min read
Arshad Khan, popularly known as the “Chai Wala” after his viral photo took social media by storm, has achieved a major business breakthrough by securing…
Saudi National Bank Decides Against Selling Stake in Samba Pakistan
2 min read
Saudi National Bank (SNB) has ended the process of selling its equity share in Samba Pakistan. Samba Bank, a branch of SNB, sent the news…
SBP Grants Final Approval for TPL Corp and Abhi’s Takeover of FINCA Microfinance Bank
2 min read
The State Bank of Pakistan (SBP) has granted final approval for TPL Corp Limited and Abhi (Private) Limited to acquire a majority share in FINCA…
Saudi National Bank Ends Plan to Sell Stake in Samba Bank
2 min read
Saudi National Bank (SNB) has decided to terminate the process of selling its equity stake in Samba Bank Limited. This update was announced by Samba…
Hassan Raza Appointed as New CEO of Bank of Khyber
2 min read
The Bank of Khyber (BOK) has appointed Hassan Raza as its new Managing Director and Chief Executive Officer, effective November 11th, 2024. This announcement comes…
Roshan Digital Accounts See Inflows Exceeding $9 Billion
2 min read
The Roshan Digital Accounts (RDA) initiative has achieved a significant milestone by surpassing the $9 billion cumulative inflows mark as of November 7, 2024. Since…
Govt Launches $50M ‘Climaventures’ to Power Climate Investments
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ISLAMABAD: Pakistan made a significant stride toward climate resilience and innovation with the launch of the groundbreaking Climaventures project by the National Rural Support Program…
Pakistan’s October 2024 Remittances Hit $3.05bn, Reflecting 24% Annual Growth
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The State Bank of Pakistan (SBP) released data indicating that the inflow of overseas workers’ remittances into Pakistan was $3.052 billion in October 2024, a…
Urgent Reforms Needed for Pakistan’s E-Commerce Policy, Experts Say
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KARACHI: Experts emphasized the pressing need to update Pakistan’s e-commerce policy, which was last revised in 2019; in a workshop here on Thursday. Dr. Rajan…
FTO Urges FBR to Strengthen Cybersecurity Following Rs 81.43 Billion Tax Fraud Incident
3 min read
The Federal Tax Ombudsman (FTO) has called for immediate measures to secure taxpayer data and take action against those responsible for a major cybersecurity breach…
IT Ministry Proposes Tax Relief and Support Measures to Boost IT Exports and Freelance Sector
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The Ministry of Information Technology and Telecom has put forward a set of proposals aimed at boosting Pakistan’s IT export potential while creating a more…
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