CDA, BOP agree long-term partnership to facilitate financial transactions
The Capital Development Authority (CDA) and the Bank of Punjab have agreed on a long-term partnership to facilitate financial transactions.
Adil Aziz
Somon Air starts direct flights between Islamabad & Dushanbe
Tajikistan’s Somon Air started its flight operations in Pakistan as its inaugural flight from capital Dushanbe landed in Islamabad.
Swedish tech companies to invest in IT & Telecom sector of Pakistan: Shaza Fatima
“The present government is taking steps to promote Information and Communications Technology (ICT) in the country, as the growth of ICT is a vital factor for progress,” she expressed these views while addressing the Round table on IT and Digitization with Swedish tech companies held at the Ministry of IT & Telecom.
PPAF disburses 274,730 interest-free loans worth Rs 12.20 billion
Pakistan Poverty Alleviation Programme (PPAF) disbursed 274,730 interest-free loans (65% loans to women) amounting to Rs 12.20 billion (including re-flows) to borrowers from July 2023 to March 2024.
ABHI Partners with Mastercard to Enhance Financial Accessibility for Employees in Pakistan
In a significant move towards revolutionizing the landscape of financial transactions in Pakistan, Mastercard, a global technology company in the payments industry, has partnered with ABHI, an embedded finance platform, to introduce the Mastercard-enabled Salary Advance Cards for the first time in Pakistan.
Pakistan export’s increases from 28.75% to Rs 7.9 trillion
The exports from the country in the rupee term witnessed an increase of 28.75 percent during the first eleven months of the current fiscal year as compared to the corresponding period of last year, the Pakistan Bureau of Statistics reported.
Sarsabz Dominates PDA with Triple Triumph, Setting New Standards in Digital Innovation
Sarsabz, a leading brand in the fertilizer industry under Fatima Fertilizer, has achieved remarkable success at the prestigious Pakistan Digital Awards. This year, Sarsabz has been honored with three accolades :
Best Use of Generative AI in Content Creation for Salam Kissan, Best Innovated Mobile App for Sarsabz Content – HSE App and Best Web Series of the Year for Sarsabz Kahani – Dahani.
SECP asks companies to benefit from Regularize scheme by Sept 15
A two-member team from Securities & Exchange Commission of Pakistan (SECP) visited the Multan Chamber of Commerce and Industry, listened to issues and informed officials about the Companies Regularization Scheme 2024.
Retailers brings down under the tax from July: Finance Minister
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said that tax on retailers would be collected from July 1st 2024, to broaden the tax base and improve the tax-to-GDP ratio.
Single digit tax to GDP ratio not sustainable: Finance Minister
Reiterating the pressing need for reforms and broadening of tax base, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb asserted that below 10 percent tax to GDP ratio was not sustainable.