Business

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SECP Shuts Down United Insurance’s Guarantee Business Over Rs2.2B Non-Encashment

SECP Shuts Down United Insurance’s Guarantee Business Over Rs2.2B Non-Encashment

The Securities and Exchange Commission of Pakistan has ceased the guarantee business of The United Insurance Company of Pakistan Limited through direction issued on May 20, 2025, under section 60 of the Insurance Ordinance, 2000.

CCP Slaps British Lyceum with Rs.5 Million Fine Over False Claims

CCP Slaps British Lyceum with Rs.5 Million Fine Over False Claims

The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs.5 million on British Lyceum (Pvt.) Limited for publishing a misleading advertisement.

PDAA to be established regulate, accelerate virtual asset economy

PDAA to be established regulate, accelerate virtual asset economy

According to a press statement issued by the Ministry, the government has endorsed the establishment of a dedicated body — the Pakistan Digital Assets Authority (PDAA) — to regulate blockchain-based financial infrastructure.

How Pakistani Consumers Are Embracing Smarter Online Shopping

How Pakistani Consumers Are Embracing Smarter Online Shopping

As global e-commerce platforms like Temu enter the market, they’re not only expanding access to goods—they’re raising expectations. Pakistani shoppers are demanding more transparency, better service, and stronger consumer protections. This dynamic feedback loop between consumers and the market is reshaping Pakistan’s digital economy.

Mobilink Bank Earns Prestigious Title: Pakistan’s Best Employer 2025

Mobilink Bank Earns Prestigious Title: Pakistan’s Best Employer 2025

Pakistan’s leading digital microfinance bank, Mobilink Bank, has been certified as a Top Employer in Pakistan for 2025 by the prestigious Top Employers Institute, a global authority recognizing excellence in people practices.

Pakistan’s Mobile Phone Imports Fall 14.21% to $1.254 Billion

Pakistan’s Mobile Phone Imports Fall 14.21% to $1.254 Billion

Pakistan imported mobile phones worth US $ 1.254 billion during July-April (2024-25) as compared to the imports of US $ 1.462 billion during July-April (2023-24), according to the Pakistan Bureau of Statistics (PBS).

KCCI Calls for PM’s Urgent Action as Transporters’ Strike Disrupts National Trade

KCCI Calls for PM’s Urgent Action as Transporters’ Strike Disrupts National Trade

President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani has made an urgent appeal to Prime Minister Muhammad Shehbaz Sharif, calling for immediate and decisive intervention to resolve the ongoing nationwide transporters’ strike. He stated that the strike, now in its fourth consecutive day, has brought Pakistan’s logistics and transport systems to a complete standstill, disrupting trade operations and causing severe damage to the already fragile national economy.

Al-Ghazi Tractors Limited supports the Punjab Government’s Wheat Growers Scheme

Al-Ghazi Tractors Limited supports the Punjab Government’s Wheat Growers Scheme

Al-Ghazi Tractors Limited proudly participated in the historic launch of Punjab’s first-ever support scheme for wheat farmers, initiated by Chief Minister Punjab Maryam Nawaz. As part of this initiative, Al-Ghazi Tractors contributed tractors to empower farmers and enhance agricultural productivity.

Govt encouraging local industrialist to invest in EV: Haroon

Govt encouraging local industrialist to invest in EV: Haroon

Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, emphasized the government’s dedication to promoting local industrial investment in Electric Vehicle (EV) technology. He highlighted that this initiative aims to strengthen domestic manufacturing capabilities while simultaneously reducing dependency on imports.

Pakistan Crypto Council CEO meets US envoy to advance youth collaboration on Blockchain, AI

Pakistan Crypto Council CEO meets US envoy to advance youth collaboration on Blockchain, AI

CEO of Pakistan Crypto Council Bilal Bin Saqib met with Acting US Ambassador to Pakistan Natalia Baker and discussed shared ambitions in Blockchain, Artificial Intelligence (AI) and youth development, marking a significant step toward strengthening US-Pakistan ties in the digital economy.