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Digital Payments Soon Mandatory for Retailers as Govt Pushes for Cashless Economy
Pakistan is set to make digital payments mandatory for retailers in key regions by September, accelerating its cashless economy ambitions. An official document reviewed by TechJuice reveals sweeping new directives aimed at rapidly transforming how transactions take place across the…
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Punjab Grants Property Tax Exemption for Properties Up to Rs. 5 Million
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The Punjab Excise and Taxation Department has unveiled a significant property tax exemption for houses and residential plots valued at up to Rs. 5 million.…
Faceless System Clears Goods in 18 Hours
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KARACHI: Muhammad Jamil Nasir Khan, Chief Collector of Customs Appraisal in the South, stated that the newly introduced Faceless Customs Assessment (FCA) system has significantly…
Billionaire Ambani to Build World’s Largest Data Centre in India
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Mukesh Ambani’s Reliance Group is set to build one of the world’s largest data centres in India, designed to accommodate massive capacity. This development is…
TPL Corp and Abhi Finalize Acquisition of FINCA Microfinance Bank
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TPL Corp Limited (TPL) and Abhi Private Limited have finalized the acquisition of a majority shareholding in FINCA Microfinance Bank. TPL Corp and Abhi had…
PSBA: 61,000 New Stock Accounts Opened in 6 Months
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The Pakistan Stock Brokers Association (PSBA) announced that over 61,000 new stock market accounts were opened in just six months, demonstrating significant growth in investor…
Visa and Meezan Bank Launch Pakistan’s First Student Debit Card to Drive Financial Inclusion
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Karachi: Visa, a global leader in digital payments, has partnered with Meezan Bank to introduce an innovative initiative aimed at supporting the digitization journey of…
PTCL Group and PPAF Mark Milestone with Ba-Ikhtiar Project’s Expansion, Empowering Women Across Pakistan
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Islamabad: PTCL Group, in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), organized an inspiring event to honor the achievements of women entrepreneurs empowered through…
$15M Trade Deal Signed Between Saudi EXIM Bank and Bank Alfalah
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A $15 million financing agreement was signed between the Saudi Export-Import Bank and Bank Alfalah of Pakistan. The purpose of the agreement is to strengthen…
Dubai Chamber of Commerce Welcomes Over 6,000 Pakistani Companies in 2024
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The Dubai Chamber of Commerce has seen an influx of over 6,000 Pakistani enterprises so far in 2024, accounting for 8% of the total new…
Air Link Secures Rs572 Million Industrial Land for Expansion
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The announcement came from Air Link Communication Limited, which is planning to buy a 3-acre industrial property and a 5-acre plot from its wholly owned…
Textile Exports Surge 9.67% to Hit $9.08 Billion in H1 FY25
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Pakistan Bureau of Statistics (PBS) data shows that exports of textile goods from Pakistan climbed by 9.67% in the first half of fiscal year 2024-25,…
IT Exports Surge by 28% to $1.86 Billion in First Half of FY25
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Pakistan’s IT sector achieved a significant milestone in December 2024, recording its highest-ever monthly export value of $348 million. This represents a 15% year-on-year (YoY)…
Pakistan Becomes First to Launch Digital Foreign Direct Investment Initiative
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Pakistan has become the first nation to implement the Digital Foreign Direct Investment (FDI) Initiative, a collaborative effort between the World Economic Forum (WEF) and…
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