Raast Records Over 892 Million Transactions as SBP Pushes for Digital Shift

By Huma Ishfaq ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

KARACHI: Pakistan’s digital payment landscape continues to expand rapidly, with Raast, an instant digital payment platform developed by the State Bank of Pakistan (SBP), crossing…

Pakistan IT Exports to US Could Surge Amid Tech Sector Growth and Trade Shifts

By Tech Desk ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: Amid global trade tensions and US tariff shifts, Pakistan’s underutilized digital sector could become a powerful economic lever. With sectors like software development, fintech,…

Auto Financing in Pakistan Sees Notable Uptick, Reaches Rs257bn in March

By Huma Ishfaq ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Auto financing in Pakistan experienced a steady rebound, climbing to Rs257.36 billion in March 2025, according to the latest data from the State Bank of…

Senate Committees Push for Digital Overhaul of Pakistan-Iran Barter Trade Amid Border Gridlock

By Tech Desk ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

ISLAMABAD: In a pivotal development for Pakistan’s trade and digital economy, the Senate Standing Committees on Commerce and Finance held a rare joint session to…

PSDE Conference Unveils URAAN Framework to Drive Pakistan Toward $1 Trillion Economy

By Tehniyat Zafar ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 4 min read

Islamabad: Pakistan took a significant step toward reimagining its development model as the 38th Annual General Meeting and Conference of the Pakistan Society of Development…

Pakistan’s LSM Sector Records 1.90% Growth Decline in 8 Months Amid Industrial Slowdown, PBS Report

By Tehniyat Zafar ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: Pakistan’s Large Scale Manufacturing (LSM) sector witnessed a decline of 1.90 percent during the first eight months (July-February) of the fiscal year 2024-25, compared…

Fitch Upgrades Pakistan Credit Rating to ‘B-‘ with Stable Outlook

By Tech Desk ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: Fitch on Tuesday upgraded Pakistan credit rating to ‘B-‘ from ‘CCC+’, reflecting increased confidence in the country’s fiscal consolidation efforts, economic policy credibility, and…

Rs750 Prize Bond Draw Announced, First Prize Winner Claims Rs1.5 Million

By Tech Desk ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The much-anticipated Rs750 prize bond draw was held on Tuesday in Peshawar, where lucky bondholders secured life-changing cash prizes. According to the official results issued…

Govt Eyes Export-Led Economic Growth with Bank Support for Key Sectors

By Tech Desk ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has renewed the government’s commitment to driving an export-oriented economic revival, as he chaired a high-level…

Pakistan’s Remittances Hit Historic High in March as SBP Revises Forecasts Amid Economic Recovery

By Huma Ishfaq ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

In a significant economic milestone, Pakistan recorded an all-time high of $4.1 billion in workers’ remittances for March 2025, according to Governor State Bank of…

Pakistan’s Call Center Sector Sees 20% Export Growth, Crosses $200 Million in FY 2024-25

By Huma Ishfaq ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s call center industry has hit a significant milestone, recording over $200 million in export revenue during the first eight months of the fiscal year…

FBR Registered Businesses Cross 12.5 Million as Tax Base Expansion Gains Momentum

By Tech Desk ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The number of FBR registered businesses has officially crossed 12.5 million, according to figures presented in the National Assembly, marking a significant milestone in…

Government Executes Rs105 Billion Deal to Swap Ownership in PSPC for Full Control of ZTBL

By Huma Ishfaq ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Pakistani government has approved a significant Rs105 billion transaction aimed at fulfilling its commitment to the International Monetary Fund (IMF). In this deal,…

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