Karachi: The State Bank of Pakistan (SBP) has reported a significant shift toward digital payments, with digital channels now processing the majority of retail transactions…
Pakistan’s sovereign default risk has significantly reduced by 93%, with 5-year CDS spreads dropping to 505 basis points in December 2024, down from a high…
The ongoing internet slowdown in Pakistan has hit the freelancing sector hard, with online workers reporting a dramatic 70% reduction in work opportunities. The nationwide…
The non-renewal of registrations for thousands of IT companies has resulted in a substantial revenue loss of Rs. 39.67 million for the Pakistan Software Export…
The Federal Board of Revenue (FBR) is expected to fall short of its tax collection goal by more than Rs. 255 billion in the first…
Pakistan is becoming a more business-friendly place, a fact that is now being backed up by its impressive surge through the international rankings in terms…
The Pakistani startup space has had an incredible year, having moved up the ladder to 75th position worldwide and 2nd in the South Asian region,…
According to the annual Pakistan Economic Survey FY 2020-21, during the first two quarters of FY 2020-21, the overall investment in the Telecom sector exceeded…
We talk quite a fair bit here about how Pakistan’s economy is faring, especially ever since the global coronavirus pandemic which had a tremendous impact…
In an online seminar titled “Urban Connectivity Solutions for an Inclusive Digital Economy” organised by Facebook in collaboration with local partners, Facebook’s Director, Network Investments…
Pakistan’s economic growth is expected to rebound this year before gaining pace in 2022 said the Asian Development Bank, as business activity in the country…
A damning World Bank report has revealed that over 30% of Pakistan’s rural population is slipping into poverty, while unemployment is also rising. The report…
Pakistan’s GDP growth is expected to reach 1.3 percent in the fiscal year ending June 2021, according to a statement released by the World Bank…
