State Bank of Pakistan launches challenge fund to boost digitalization in SMEs

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The State Bank of Pakistan (SBP) has unveiled a new Challenge Fund aimed at fostering technology adoption and digitalization among small and medium enterprises (SMEs).…

Siemens Pakistan announces sale of energy portfolio to Siemens Gamesa for Rs17.82 Billion

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Siemens (Pakistan) Engineering Co. Ltd (SIEM) has declared the approval of the Board of Directors(BoD) for the sale of its energy portfolio to Siemens Gamesa…

Chinese businesses are creating large number of employment opportunities in Pakistan: expert

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Chinese small and medium-sized enterprises (SMEs) are creating quite a lot of employment opportunities in Pakistan and thereby contributing handsomely to the country’s tax revenue.  …

Asian Development Bank stresses Pakistan to address challenges faced by small businesses

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The Asian Development Bank (ADB) has advised Pakistan to mitigate the challenges faced by its private sector, particularly small and medium enterprises (SMEs). “Policy challenge—strengthening…

Pakistan ranks 3rd in the world in terms of govt support for SMEs

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In a highly encouraging development that speaks volumes about the business-friendly environment being fostered in Pakistan as of late, it has emerged that according to…

PM Imran Khan stresses the uplifting of small and medium enterprises

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Prime Minister Imran Khan views small and medium enterprises (SMEs) as a key aspect of the nation’s economy. While chairing a meeting of National Coordination…

Government is failing to support small-medium scale firms in IT sector of Pakistan, Syed Ahmad

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The chairman of the Pakistan Software Houses Association (P@SHA) and a member of the Prime Minister’s Task Force on IT & Telecom Syed Ahmad has…

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