Workers’ Remittances Surge to $3.2 Billion in April 2025
Remittances inflows during April 2025 were mainly sourced from Saudi Arabia ($725.4 million),
United Arab Emirates ($657.6 million), United Kingdom ($535.3 million) and United States of
America ($302.4 million).
Editor
Pakistan Issued Green Sukuk for a Greener Future
The government has launched the first Green Sukuk aiming at to attract a broader investor base, deepen financial markets, and accelerate the country’s transition to a green and resilient economy.
PTA Surveys Fixed-Line Broadband Quality in Pakistan
The Pakistan Telecommunication Authority (PTA) has successfully conducted Quality of Service (QoS) surveys for fixed-line broadband services across 26 major cities of Pakistan, including Azad Jammu & Kashmir (AJ&K) and Gilgit-Baltistan (GB).
SECP Rolls Out Compliance Guidelines to Improve REIT Sector Operations
The Securities and Exchange Commission of Pakistan (SECP) has issued Compliance checklists for REIT Management Companies and Section 42 Companies and introduces enhanced grievance redressal mechanisms for stakeholder facilitation.
FPCCI Slams SBP’s Minimal Rate Cut, Demands Aggressive Reduction for Economic Growth
Mr. Atif Ikram Sheikh continued that, after deliberations from the apex trade and industry platform with all industries and sectors, FPCCI had demanded a single-stroke rate cut of 500 basis points during the Monday’s monetary policy committee (MPC) meeting to rationalize the key policy rate; and, align it to the vision of special investment facilitation council (SIFC) – and, the Prime Minister’s vision for industrial development, import substitution and export growth.
BYD|MMC Partners with HUBCO Green to Launch Pakistan’s Largest NEV Charging Network
BYD Pakistan – Mega Motor Company (BYD|MMC) has partnered with HUBCO Green (Private) Limited (HGL), a sustainability-driven subsidiary of The Hub Power Company, to launch the country’s largest DC fast-charging network for new energy vehicles (NEVs).
Mobilink Bank and Daraz Pakistan partner to empower MSMEs through access to finance and digital enablement
Pakistan’s leading digital microfinance bank, Mobilink Bank, has announced a strategic partnership with Daraz Pakistan, the country’s largest e-commerce platform, to accelerate financial inclusion, access to finance and digital enablement of micro, small and medium enterprises (MSMEs) across Pakistan.
State Bank of Pakistan Expected to Lower Rates in Upcoming Decision
The State Bank of Pakistan (SBP) is set to announce a significant policy adjustment on May 5, with an expected interest rate cut to 11.5%.
ABHI, Matco Foods to empower employees with instant salary access
Through this collaboration, Matco Foods will be providing ABHI’s Earned Wage Access (EWA) service to its employees, reinforcing its longstanding commitment to employee empowerment and financial well-being.
Pakistan’s Exports Under Threat as U.S. Imposes 29% Tariff
The President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has expressed deep concern over the U.S. decision to impose a hefty 29% tariff on Pakistani products. Given that the United States is Pakistan’s largest trading partner, this move is expected to have a significant and far-reaching impact on the country’s export sector.