Pakistan
Turkish companies eager to set up industrial units in Pakistan
A delegation of investors have expressed keen interest in setting up industrial units to meet the needs of Pakistan’s construction industry. The delegation of investors…
Pakistan signs $19.85m COVID-19 grant deal with the World Bank
The government of Pakistan and the World Bank yesterday signed a grant agreement worth $19.85 million. Entitled Covid-19 Response, Recovery and Resilience in Education Project,…
Federal govt will announce electric vehicle policy within the next few weeks
Federal Minister for Industries and Production Hammad Azhar will announce the electric vehicle policy for four-wheelers in Pakistan within the next two to three weeks.…
E-commerce and digital payments industries set for major growth in Pakistan, survey reveals
The COVID-19 pandemic and the ensuing global lockdown have basically been a blessing for companies operating in the digital space, especially those working on e-commerce…
Pakistan’s Business Optimism Index shoots up to a record 146.5 points, according to new report
Pakistan has been performing exceptionally well economically, despite the impact of the COVID-19 pandemic. A week ago, we learnt that the World Bank expects Pakistan…
Pakistan and Japan agree to increase cooperation in the IT sector
In the aftermath of MoUs signed with Bosnia-Herzegovina for improvement in trade volume, Pakistan has strengthened economic ties with yet another country. In a meeting…
Korean govt donates $500K for boosting corona response efforts in Pakistan
The Government of Korea has provided a helping hand to Pakistan during these tough times by providing in-kind assistance worth $500,000 to the World Health…
Pakistan and Bosnia sign MoUs for cooperation in science and tech
In a significant milestone for the relationship between the two countries, Pakistan and the European nation of Bosnia-Herzegovina have agreed to improve the volume of…
Pakistan will reap $24 billion in remittances in 2020, says World Bank
According to the World Bank, the projected growth in remittances for Pakistan is nine percent, which adds up to a massive total of $24 billion…
Trillions of dollars could have been saved if US had followed Pakistan’s lockdown strategy
Lawrence Henry Summers, a Former Undersecretary for International Affairs in the United States of America, on Sunday, remarked on Twitter that if the United States…
Japan wants to recruit Pakistani tech workers
What used to be the world’s second largest economy at one point in time is now fervently looking for tech workers from various parts of…
Pakistan earned $160M+ from IT exports in July 2020
Pakistan earned $161.980 million by providing different information technology services to various countries during the first month of the ongoing financial year (FY) 2020-21. This…
3G and 4G users have increased by 2 million from July to August 2020
The number of 3G and 4G users in Pakistan has reached 84.81 million by end of August 2020, as compared to 82.76 million at the…
