Business
Pakistan’s Currency in Circulation Hits Record Rs10.9 Trillion due to High Cash Preference
Currency in circulation in Pakistan has surged to Rs10.967 trillion, showing nearly 19% annual growth, as the preference for cash continues despite government efforts to promote digital payments. According to fresh State Bank of Pakistan data, the rising cash stock…
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Careem to Introduce A new ‘Everything’ App After Ending Ride Share Operations?
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Careem introduces “Everything App”, making a strategic shift in Pakistan, moving away from its traditional ride-hailing services. This app is designed to directly challenge Foodpanda’s…
Finance Bill 2025-26: Online Teachers, E-commerce, And Clubs In Trouble
3 min read
The Federal Board of Revenue (FBR) has put forward several proposals in the Finance Bill 2025-26 aimed at expanding Pakistan’s tax base. These proposals, discussed…
IT Ministry launches $78m Project To Enhance Digital Services
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Pakistan is set to enhance its digital public service delivery through the Digital Economy Enhancement Project (DEEP), a $78 million initiative under the Ministry of…
Pakistan Pushes for Cashless Economy: High Level Committee formed
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Prime Minister Muhammad Shehbaz Sharif has formed a high-level committee to accelerate Pakistan’s transition to a cashless and digitalized economy. The committee, personally chaired by…
Govt Cuts Solar Panel Tax to 10% Amid IMF Deal
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The federal government has agreed to cut the proposed sales tax on imported solar panels from 18% to 10%, following strong resistance from coalition partners…
Government Unveils New National Tariff Policy 2025-30
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ISLAMABAD: The Government of Pakistan unveiled the draft National Tariff Policy (NTP) 2025–30 during the National Regulatory Reforms Conference organized by the Board of Investment…
Careem to Exit Pakistan’s Ride-Hailing Market This July
3 min read
Careem has officially announced that it will cease its ride-hailing operations in Pakistan starting July 18, 2025, bringing an end to nearly a decade of…
New Tax Alert! Govt Targets Temu, Google & Others Under Digital Law
2 min read
ISLAMABAD: In a bold move to tighten its grip on the growing digital economy, the National Assembly Standing Committee on Finance and Revenue has approved…
Pakistan Secures First Insider Trading Conviction: Habib Metro Bank AVP Found Guilty
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KARACHI: (Updated) In a historic judgment, the Sindh Special Court (Offences in Banks) has issued the first-ever insider trading conviction in Pakistan in a case…
BISP Retail Payment System Rolled Out for 2025 Installments
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ISLAMABAD: The Benazir Income Support Programme (BISP) has officially rolled out its BISP retail payment system to distribute quarterly stipends, starting with the Quarter 4…
PM Shehbaz Orders Reko Diq Railway Project Completion by 2028
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ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday instructed authorities to ensure the Reko Diq railway project is completed by 2028, aiming to support future transportation…
JazzCash & Veem Join Hands To Streamline Global Payments
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JazzCash, the premier fintech platform in Pakistan, has formed a strategic partnership with Veem, a San Francisco-based organization. The primary objective of the partnership is…
Patreon to Raise Cut to 10% for New Creators
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Patreon, the popular platform that helps creators monetize their content through memberships and digital sales, is revising its pricing model for the first time in…
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