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# Business Plus

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## Posts

- [Samsung to Establish Pakistan as Regional Mobile Manufacturing and Refurbishment Hub](https://businessplus.com.pk/samsung-to-establish-pakistan-as-regional-mobile-manufacturing-and-refurbishment-hub/) - Federal Minister for Commerce Jam Kamal Khan invited Samsung to transform Pakistan into a regional manufacturing, refurbishment and export hub for mobile phones. Samsung to Establish Pakistan as Regional Mobile Manufacturing and Refurbishment Hub - The delegation highlighted changes in the taxation structure and the narrowing of the tariff differential between Semi Knocked Down (SKD) and Completely Built Unit (CBU) of mobile phones which had significantly reduced the competitiveness of locally manufactured mobile phones. Federal Minister for Commerce Jam Kamal Khan invited Samsung to transform Pakistan into a regional manufacturing, refurbishment and export hub for mobile phones, assuring the company that the government would facilitate them in promoting exports, value addition and industrial investment. The Minister extended the invitation during a meeting with a delegation led by the Country They requested the government to maintain a reasonable tariff differential to encourage continued investment and local manufacturing.
- [Pakistan Railways Upgrades Major Stations to Enhance Passenger Facilities](https://businessplus.com.pk/pakistan-railways-upgrades-major-stations-to-enhance-passenger-facilities/) - Pakistan Railways has accelerated efforts to improve passenger comfort, cleanliness and service standards by upgrading train services and modernizing railway stations across the country. Pakistan Railways Upgrades Major Stations to Enhance Passenger Facilities - The passengers travelling on the Green Line, Business Express and Rawalpindi Rail Car are being provided complimentary onboard services, including meals, hi-tea, Wi-Fi, bedding, mineral water and newspapers through partnerships with renowned service providers and five-star hotels. Pakistan Railways has accelerated efforts to improve passenger comfort, cleanliness and service standards by upgrading train services and modernizing railway stations across the country as part of its ongoing reform programme. “Premier trains, including the Green Line, Business Express, Shalimar Express and Karakoram Express, are operating with enhanced passenger facilities, improved cleanliness, and upgraded catering To enhance passenger convenience, the official said that the modern CIP lounges have been established at Lahore, Rawalpindi and Karachi Cantonment railway stations, while air-conditioned waiting halls, family waiting areas and information desks have also been upgraded at major stations.
- [One in Three Plug-in Hybrid Cars Sold in Europe Is Now Made by Chinese Automakers](https://businessplus.com.pk/one-in-three-plug-in-hybrid-cars-sold-in-europe-is-now-made-by-chinese-automakers/) - Chinese car brands snapped up more than a third of new plug-in hybrid sales in Europe last month, as automakers from the country push those models ahead of any potential tariffs. One in Three Plug-in Hybrid Cars Sold in Europe Is Now Made by Chinese Automakers - Manufacturers including BYD and Chery Automobile grabbed a record 34 per cent share of plug-in hybrid deliveries in June. Chinese car brands snapped up more than a third of new plug-in hybrid sales in Europe last month, as automakers from the country push those models ahead of any potential tariffs. Manufacturers including BYD and Chery Automobile grabbed a record 34 per cent share of plug-in hybrid deliveries in June, according to data from analysts Chinese brands accounted for 11 per cent of new European car sales in June and 15 per cent for full EVs.
- [Government Announces International Bank Consortiums for GMTN and Sukuk Programs](https://businessplus.com.pk/government-announces-international-bank-consortiums-for-gmtn-and-sukuk-programs/) - Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a virtual meeting with international banking consortiums, marking the commencement of the government’s strategic partnership under Pakistan’s Global Medium-Term Note (GMTN) and International Sukuk programmes. Government Announces International Bank Consortiums for GMTN and Sukuk Programs - The government also announced the selection of international financial institutions for the consortiums managing Pakistan’s external financing programmes. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a virtual meeting with international banking consortiums, marking the commencement of the government’s strategic partnership under Pakistan’s Global Medium-Term Note (GMTN) and International Sukuk programmes. “Following an evaluation process conducted in accordance with the criteria and procedures prescribed in the Requests for Proposals (RFPs), the The consortiums have been appointed for a period of three years and will support Pakistan’s sovereign capital market issuances across both conventional and Islamic financing instruments.
- [EDF, Pak EXIM Partner to Boost SME Exports with Finance and Risk Protection](https://businessplus.com.pk/edf-pak-exim-partner-to-boost-sme-exports-with-finance-and-risk-protection/) - The Export Development Fund (EDF) and the Export-Import Bank of Pakistan (Pak EXIM) on Yesterday signed a Memorandum of Understanding (MoU) to strengthen Pakistan’s export ecosystem by improving access to finance and risk protection for Small and Medium Enterprise (SME) exporters. EDF, Pak EXIM Partner to Boost SME Exports with Finance and Risk Protection - A key feature of the partnership is the establishment of a Joint Risk Pool to facilitate SME exporters through Pak EXIM’s Export/Trade Credit Insurance (TCI) products. The Export Development Fund (EDF) and the Export-Import Bank of Pakistan (Pak EXIM) on Yesterday signed a Memorandum of Understanding (MoU) to strengthen Pakistan’s export ecosystem by improving access to finance and risk protection for Small and Medium Enterprise (SME) exporters. The MoU formalises collaboration between the two institutions on a range of initiatives aimed The initiative is designed to protect exporters against political and commercial risks associated with international trade while improving their access to finance, a major challenge limiting SME export growth.
- [Torrential Rains Continue in KP, Trigger Flash Flooding Across Several Cities](https://businessplus.com.pk/torrential-rains-continue-in-kp-trigger-flash-flooding-across-several-cities/) - Torrential monsoon rains continued to batter several districts of Khyber Pakhtunkhwa (KP) on Tuesday, triggering flash floods, inundating low-lying areas, and disrupting daily life in several areas. Torrential Rains Continue in KP, Trigger Flash Flooding Across Several Cities - heavy rainfall caused seasonal streams and rivers to swell rapidly, sweeping away roads, damaging homes, and affecting transportation in several vulnerable districts. Flash floods in several areas of Swat, Khyber, Mardan, Mansehra and Mardan were reported. Torrential monsoon rains continued to batter several districts of Khyber Pakhtunkhwa (KP) on Tuesday, triggering flash floods, inundating low-lying areas, and disrupting daily life in several areas. According to PDMA authorities, heavy rainfall caused seasonal streams and rivers to swell rapidly, Emergency officials said rescue operations were underway in affected areas, with efforts focused on evacuating stranded residents and restoring access to damaged communities.
- [Sarsabz Unveils 'Dil Se Dekho Sarsabz Pakistan' Campaign Ahead of Independence Day](https://businessplus.com.pk/sarsabz-unveils-dil-se-dekho-sarsabz-pakistan-campaign-ahead-of-independence-day/) - This Independence Day, Sarsabz, the flagship brand of Fatima Fertilizer, has launched "Dil Se Dekho Sarsabz Pakistan," a nationwide digital campaign inviting Pakistanis to celebrate the country's true spirit by sharing authentic stories of their hometowns. Sarsabz Unveils 'Dil Se Dekho Sarsabz Pakistan' Campaign Ahead of Independence Day - Dil Se Dekho Sarsabz Pakistan invites citizens to celebrate the country's rich culture, breathtaking landscapes, vibrant traditions and resilient communities by creating a short video showcasing what makes their hometown unique. This Independence Day, Sarsabz, the flagship brand of Fatima Fertilizer, has launched "Dil Se Dekho Sarsabz Pakistan," a nationwide digital campaign inviting Pakistanis to celebrate the country's true spirit by sharing authentic stories of their hometowns. Inspired by the belief that Pakistan's greatest strength lies in its people, Dil Se Dekho Sarsabz Pakistan invites citizens Sarsabz invites Pakistanis from every province, city, town and village to take part in the campaign and show the Pakistan they know best—because the most inspiring stories of the nation are those seen Dil Se.
- [Saqlain Mushtaq Heights Residents Protest Delays, Call for Refund or Time-Bound Possession](https://businessplus.com.pk/saqlain-mushtaq-heights-residents-protest-delays-call-for-refund-or-time-bound-possession/) - Affectees of Saqlain Mushtaq Heights, a residential project promoted under the name and chairmanship of famous cricketer Saqlain Mushtaq, held a press conference in Islamabad and demanded the immediate return of their invested amounts or a binding, time-bound completion and handover plan. Saqlain Mushtaq Heights Residents Protest Delays, Call for Refund or Time-Bound Possession - Affectees of Saqlain Mushtaq Heights said bookings began in late 2016 and early 2017, but nearly a decade later the apartments remain undelivered. Affectees of Saqlain Mushtaq Heights, a residential project promoted under the name and chairmanship of famous cricketer Saqlain Mushtaq, held a press conference in Islamabad and demanded the immediate return of their invested amounts or a binding, time-bound completion and handover plan. They said bookings began in late 2016 and early 2017, but nearly a They also presented booking and payment records, written possession commitments, correspondence and recent site visuals before the media.
- [BYD Pakistan Receives Its Largest-Ever Shipment of NEVs at Karachi Port For Customer Deliveries](https://businessplus.com.pk/pakistans-first-roro-vessel-docks-at-karachi-port-with-over-2000-electric-vehicles/) - Mega Motor Company (MMC), the official partner of BYD in Pakistan, announced the arrival of a Roll on/Roll off (RoRo) vessel carrying more than 2000 BYD New Energy Vehicles (NEVs) at the Karachi Port, marking one of the largest consignments of BYD vehicles to arrive in Pakistan to date. BYD Pakistan Receives Its Largest-Ever Shipment of NEVs at Karachi Port For Customer Deliveries - This shipment comes at a time when Pakistan’s transition towards NEVs continues to gather pace as consumers increasingly recognize the economic, environmental and technological advantages of electric mobility.Mega Motor Company (MMC), the official partner of BYD in Pakistan, announced the arrival of a Roll on/Roll off (RoRo) vessel carrying more than 2000 BYD New Energy Vehicles (NEVs) at the Karachi Port, marking one of the largest consignments of BYD vehicles to arrive in Pakistan to date. This shipment comes at a time This growing demand is thus reflected in the increasing scale of vehicle shipments into the country, reinforcing BYD's commitment to making NEVs more accessible, supporting the broader shift towards a cleaner and more sustainable transportation future.
- [Health Ministry Partners with LUMS National AI Hub to Advance Maternal and Child Health](https://businessplus.com.pk/health-ministry-partners-with-lums-national-ai-hub-to-advance-maternal-and-child-health/) - The Ministry of National Health Services, Regulations and Coordination (MoNHSRC) has signed an MoU with the National AI Hub, Pakistan's first nationally coordinated AI Hub, established by Lahore University of Management Sciences (LUMS). Health Ministry Partners with LUMS National AI Hub to Advance Maternal and Child Health - The MoU provides a framework for collaboration in research, innovation, evidence generation, policy engagement, and capacity building in artificial intelligence for healthcare. The Ministry of National Health Services, Regulations and Coordination (MoNHSRC) has signed an MoU with the National AI Hub, Pakistan's first nationally coordinated AI Hub, established by Lahore University of Management Sciences (LUMS). The partnership will advance the responsible use of artificial intelligence in Pakistan's health sector, with a particular focus on improving maternal, newborn, Through this partnership, MoNHSRC and the National AI Hub will identify national priorities, support the development and evaluation of AI-enabled solutions, and promote the ethical and effective integration of AI into Pakistan’s health system.
- [Pakistan joins new global AI body as founding member](https://businessplus.com.pk/pakistan-joins-new-global-ai-body-as-founding-member/) - Pakistan has signed the founding agreement of the World Artificial Intelligence Cooperation Organization (WAICO), becoming one of 29 founding members of the new intergovernmental artificial intelligence (AI) body headquartered in Shanghai. Pakistan joins new global AI body as founding member - The agreement defines WAICO as an independent intergovernmental organisation aimed at promoting international cooperation and global governance of AI. It will seek to support AI development that is beneficial, safe and fair, according to the ministry. Pakistan has signed the founding agreement of the World Artificial Intelligence Cooperation Organization (WAICO), becoming one of 29 founding members of the new intergovernmental artificial intelligence (AI) body headquartered in Shanghai. Deputy Prime Minister and Foreign Minister Ishaq Dar signed the agreement alongside representatives from countries including China, Kazakhstan, Laos, Russia and Indonesia, China’s foreign Pakistan’s foreign ministry said the country would use its membership to advance AI cooperation from the perspective of the Global South, work with other members to narrow the global AI divide and promote more equitable access to the technology.
- [Textile exports up by 0.26% to over $17.9 bln in FY2025](https://businessplus.com.pk/textile-exports-up-by-0-26-to-over-17-9-bln-in-fy2025/) - The textile exports from the country were recorded at US $17.932 billion during July-June 2025-26. Textile exports up by 0.26% to over $17.9 bln in FY2025 - The textile exports from the country were recorded at US $17.932 billion during July-June 2025-26. The textile exports witnessed an increase of 0.26 per cent during the financial year 2025-26 as compared to the last year, Pakistan Bureau of Statistics (PBS) reported. The textile exports from the country were recorded at US $17.932 billion during July-June (2025-26) against the exports of US $17.887 billion during July-June (2024-25), according to the The textile commodities that contributed to trade growth included cotton yarn, the exports of which grew by 12.40 percent to $765,124 million from $680,700 million, while readymade garments exports increased by 3.87 percent to $4,288 million from $4,128 million.
- [Pakistan Earns ICAO Recognition for Karachi Airport Runway Upgrade](https://businessplus.com.pk/pakistan-earns-icao-recognition-for-karachi-airport-runway-upgrade/) - Pakistan received international recognition for its aviation safety and infrastructure achievements after presenting the successful reconstruction and upgrade of Jinnah International Airport Karachi’s Runway 07L/25R at the ICAO Asia-Pacific Regional Aviation Safety Team (APRAST/25) meeting held in Bangkok. Pakistan Earns ICAO Recognition for Karachi Airport Runway Upgrade - According to the PAA, nearly 60,000 flights operated safely during the construction period. Pakistan received international recognition for its aviation safety and infrastructure achievements after presenting the successful reconstruction and upgrade of Jinnah International Airport Karachi’s Runway 07L/25R at the ICAO Asia-Pacific Regional Aviation Safety Team (APRAST/25) meeting held in Bangkok, Thailand, from June 22 to 26, 2026. Representing Pakistan, the Pakistan Airports Authority (PAA) presented a technical Approximately 10 million passengers were served without any reported operational safety incidents.
- [PTCL confirms Nadeem Khan as Chief Executive Officer](https://businessplus.com.pk/ptcl-confirms-nadeem-khan-as-chief-executive-officer/) - The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) today confirmed Nadeem Khan as the company's Chief Executive Officer. PTCL confirms Nadeem Khan as Chief Executive Officer - The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) today confirmed Nadeem Khan as the company's Chief Executive Officer. The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) today confirmed Nadeem Khan as the company's Chief Executive Officer. Nadeem Khan’s telecommunication career includes over two decades of association with the PTCL and Ufone and prior to that more than 7 years of international assignments with Millicom International Cellular. He joined Ufone as Chief His confirmation confirmation today formalizes that appointment, making him the company's permanent Chief Executive Officer.
- [Punjab Ombudsman Recovers Rs.5.6 Million in Insurance Claims for 17 Citizens](https://businessplus.com.pk/punjab-ombudsman-recovers-rs-5-6-million-in-insurance-claims-for-17-citizens/) - The Office of the Ombudsman Punjab on Tuesday secured the release of more than Rs.5.6 million in pending group insurance dues to 17 citizens over the past three months after intervening in complaints against government departments. Punjab Ombudsman Recovers Rs.5.6 Million in Insurance Claims for 17 Citizens - Ombudsman directed the relevant authorities to process and clear the outstanding claims without further delay. The Office of the Ombudsman Punjab on Tuesday secured the release of more than Rs.5.6 million in pending group insurance dues to 17 citizens over the past three months after intervening in complaints against government departments. According to an Ombudsman spokesperson, the complainants approached the institution after the departments concerned failed to release their group Following the intervention, more than Rs.5.6 million was disbursed to the 17 complainants, providing long-awaited financial relief.
- [Karachi Port Welcomes One of the World's Largest Container Vessels, MSC Erica](https://businessplus.com.pk/karachi-port-welcomes-one-of-the-worlds-largest-container-vessels-msc-erica/) - Karachi Port Trust is handling one of the world’s largest container vessels MSC Erica, reaffirming its capability to handle ultra-large container ships. The 398.5 mln long mega vessel MSC Erica arrived at South Asia Pakistan Terminals Limited (SAPTL) Karachi Port on 12 July 2026 and more than 3,000 containers are expected to be handled during Karachi Port Welcomes One of the World's Largest Container Vessels, MSC Erica - The 398.5 mln long mega vessel MSC Erica arrived at South Asia Pakistan Terminals Limited (SAPTL) Karachi Port on 12 July 2026 and more than 3,000 containers are expected to be handled during the vessel’s call. Karachi Port Trust is handling one of the world’s largest container vessels MSC Erica, reaffirming its capability to handle ultra-large container ships. The 398.5 mln long mega vessel MSC Erica arrived at South Asia Pakistan Terminals Limited (SAPTL) Karachi Port on 12 July 2026 and more than 3,000 containers are expected to be handled during MSC Erica has an overall length (LOA) of 398.5 meters, Beam of 59 meters, with a carrying capacity of 20,000 TEUs, Gross Tonnage (GT) of 194,308 MT and a Draught of 12.0 meters.
- [CCP clears Lotte Group’s restructuring involving Pakistan operations](https://businessplus.com.pk/ccp-clears-lotte-groups-restructuring-involving-pakistan-operations/) - Competition Commission of Pakistan (CCP) has approved a pre-merger application paving the way for an internal restructuring within the South Korean Lotte Group while finding no competition concerns in Pakistan’s food and beverage markets. CCP clears Lotte Group’s restructuring involving Pakistan operations - The Commission noted that the acquiring company does not conduct confectionery or food business in Pakistan. Competition Commission of Pakistan (CCP) has approved a pre-merger application paving the way for an internal restructuring within the South Korean Lotte Group while finding no competition concerns in Pakistan’s food and beverage markets. The transaction involves Japan’s Lotte Co., Ltd acquiring shareholding in Singapore-based Lotte Confectionery (S.E.A.) Pte. Ltd. from LotteWellfood Co., Ltd. As The review found that the market shares of LotteKolson and Lotte Akhtar Beverages would remain unchanged following the transaction, with no adverse effects on competition.
- [LUMS Celebrates the Graduating Class of 2026](https://businessplus.com.pk/lums-celebrates-the-graduating-class-of-2026/) - More than 1,500 graduates from LUMS' five schools, spanning business, humanities and social sciences, law, science and engineering, and education, were awarded degrees. LUMS Celebrates the Graduating Class of 2026 - More than 1,500 graduates from LUMS' five schools, spanning business, humanities and social sciences, law, science and engineering, and education, were awarded degrees. The Lahore University of Management Sciences (LUMS) celebrated the achievements of its graduating Class of 2026 through four Convocation ceremonies held over two days. Graduates crossed the stage to receive their degrees, marking the completion of years of academic endeavour, personal growth, and perseverance. More than 1,500 graduates from LUMS' five schools, spanning business, humanities This year's valedictorians were Ali Abbas Gilani, BA-LL.B (Hons); Ahmad Ashraf, BS Computer Science; Hiba Humayun, BSc (Hons) Accounting and Finance; and Maheen Mashhood, BA (Hons) History.
- [Monsoon magic transforms Kumrat Valley into sanctuary for nature lovers amid black chesma waterfall](https://businessplus.com.pk/monsoon-magic-transforms-kumrat-valley-into-sanctuary-for-nature-lovers-amid-black-chesma-waterfall/) - As clouds drifts through towering deodar forests after hide-and-seek with the sun, Kumrat Valley in Dir Upper district comes alive in the monsoon, offering visitors an enchanting escape from the sweltering summer heat of Pakistan’s plains. Monsoon magic transforms Kumrat Valley into sanctuary for nature lovers amid black chesma waterfall - Intermittent rain, cool mountain breezes and waterfall emanating from distant snow-clad peaks have turned the picturesque valley into a dream destination for families, trekkers and adventure seekers, turning it into wonderland. As clouds drifts through towering deodar forests after hide-and-seek with the sun, Kumrat Valley in Dir Upper district comes alive in the monsoon, offering visitors an enchanting escape from the sweltering summer heat of Pakistan’s plains. Intermittent rain, cool mountain breezes and waterfall emanating from distant snow-clad peaks have turned the picturesque valley into a The future of tourism in Kumrat may be transformed further through an ambitious cable car project linking the valley with Madaklasht in Lower Chitral.
- [SECP Rolls Out IBAN-Based Verification to Streamline Digital KYC](https://businessplus.com.pk/secp-rolls-out-iban-based-verification-to-streamline-digital-kyc/) - The Securities and Exchange Commission of Pakistan (SECP) has introduced IBAN-based digital verification to enable faster and easier onboarding of customers, allowing investors to access financial services without unnecessary documentation and repeated verification requirements. To facilitate this digital transformation, the SECP has amended the AML/CFT/CPF Regulations, 2020, allowing Regulated Persons, including Securities Brokers, Futures Brokers, SECP Rolls Out IBAN-Based Verification to Streamline Digital KYC- SECP has introduced IBAN-based digital verification to enable faster and easier onboarding of customers, allowing investors to access financial services without unnecessary documentation and repeated verification requirements. The Securities and Exchange Commission of Pakistan (SECP) has introduced IBAN-based digital verification to enable faster and easier onboarding of customers, allowing investors to access financial services without unnecessary documentation and repeated verification requirements. To facilitate this digital transformation, the SECP has amended the AML/CFT/CPF Regulations, 2020, allowing Regulated Persons, including Securities Brokers, Futures Brokers, To support digital transformation, the SECP has amended the AML/CFT/CPF Regulations, 2020, allowing regulated financial institutions to use IBAN-based verification to complete customer KYC requirements.
- [PTCL Flash Fiber surpasses 900,000 subscribers, reinforcing leadership in Pakistan's fiber broadband market](https://businessplus.com.pk/ptcl-flash-fiber-surpasses-900000-subscribers-reinforcing-leadership-in-pakistans-fiber-broadband-market/) - Pakistan Telecommunication Company Limited (PTCL) has achieved another significant milestone as PTCL Flash Fiber, the company's flagship fiber-to-the-home (FTTH) service, surpassed 900,000 subscribers. The achievement reflects the growing trust that customers across Pakistan continue to place in PTCL's high-speed broadband services and further strengthens the company's position as the country's largest internet service provider. The PTCL Flash Fiber surpasses 900,000 subscribers, reinforcing leadership in Pakistan's fiber broadband market - PTCL Flash Fiber has become the preferred broadband choice for homes, businesses, gamers, content creators, students, and professionals who increasingly rely on fast, stable, and uninterrupted internet. Pakistan Telecommunication Company Limited (PTCL) has achieved another significant milestone as PTCL Flash Fiber, the company's flagship fiber-to-the-home (FTTH) service, surpassed 900,000 subscribers. The achievement reflects the growing trust that customers across Pakistan continue to place in PTCL's high-speed broadband services and further strengthens the company's position as the country's largest internet service provider. The Mohammad Nadeem Khan, President & CEO, PTCL, said: "This milestone reflects the confidence that hundreds of thousands of customers have placed in PTCL Flash Fiber.
- [BYD Rolls Out Its 17 Millionth New Energy Vehicle, Setting a New Acceleration Record for the Global NEV Industry](https://businessplus.com.pk/byd-rolls-out-its-17-millionth-new-energy-vehicle-setting-a-new-acceleration-record-for-the-global-nev-industry/) - BYD celebrated the production of its 17 millionth new energy vehicle (NEV) at its Xi'an plant, with the all-new large flagship family sedan, the Seal 08, marking the milestone vehicle. BYD Rolls Out Its 17 Millionth New Energy Vehicle, Setting a New Acceleration Record for the Global NEV Industry - BYD celebrated the production of its 17 millionth new energy vehicle (NEV) at its Xi'an plant, with the all-new large flagship family sedan, the Seal 08, marking the milestone vehicle. BYD celebrated the production of its 17 millionth new energy vehicle (NEV) at its Xi'an plant, with the all-new large flagship family sedan, the Seal 08, marking the milestone vehicle. With this achievement, BYD officially becomes the world's first automaker to reach 17 million NEV units produced, setting a new acceleration benchmark for the global BYD recorded cumulative sales of 1,808,511 vehicles, of which overseas sales of passenger cars and pickups reached 789,367 units.
- [ADB Forecasts Slower Asia-Pacific Growth in 2026 Amid Global Energy Crisis](https://businessplus.com.pk/adb-forecasts-slower-asia-pacific-growth-in-2026-amid-global-energy-crisis/) - The Asian Development Bank (ADB) lowered its growth forecast for developing Asia and the Pacific economies to 4.9% for 2026 compared to 5.5% growth in 2025. ADB Forecasts Slower Asia-Pacific Growth in 2026 Amid Global Energy Crisis- The Asian Development Bank (ADB) lowered its growth forecast for developing Asia and the Pacific economies to 4.9% for 2026 compared to 5.5% growth in 2025. The Asian Development Bank (ADB) said on Thursday that Pakistan’s economy expanded by 3.7 percent in fiscal year 2025–26, driven by robust growth in the industrial and services sectors, while the agriculture sector recorded modest gains that also contributed to the overall economic performance. The Asian Development Bank (ADB) lowered its growth forecast for developing With impacts extending beyond energy to fertilizers, other commodity prices, and supply chains, inflationary pressures are likely to persist.
- [KP Approves Health Policy 2026 to Expand Healthcare Services](https://businessplus.com.pk/kp-approves-health-policy-2026-to-expand-healthcare-services/) - The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Health Policy 2026 KP Approves Health Policy 2026 to Expand Healthcare Services - Shafi Jan said the Sehat Card Plus programme would be extended to include outpatient department (OPD) services. The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Health Policy 2026, aimed at ensuring equitable access to quality healthcare services for every citizen, Provincial Information Minister Shafi Jan told on Thrusday. Minister said to the media in a statement said the new policy seeks to establish a people-friendly healthcare system by introducing modern technology and Provincial Information Minister added that new intensive care units (ICUs), coronary care units (CCUs), trauma centres and burn centres would be established to strengthen secondary and specialised healthcare services across the province.
- [Apple iPhone 17 Pro Max vs Samsung Galaxy S26 Ultra: Full Comparison](https://businessplus.com.pk/apple-iphone-17-pro-max-vs-samsung-galaxy-s26-ultra-full-comparison/) - If you value seamless ecosystem integration, exceptional video recording, and long-term software support, the iPhone 17 Pro Max is an excellent choice. If you prioritize camera versatility, AI-powered features, productivity tools, and Android customization, the Galaxy S26 Ultra stands out as the better option. Apple iPhone 17 Pro Max vs Samsung Galaxy S26 Ultra: Full Comparison - Both smartphones offer top-tier performance, advanced cameras, AI-powered features, and premium designs. Choosing between the iPhone 17 Pro Max and the Samsung Galaxy S26 Ultra isn't easy. Both smartphones offer top-tier performance, advanced cameras, AI-powered features, and premium designs. This guide compares them side by side to help you make an informed decision. Which Phone Should You Buy? Both the Apple iPhone 17 Pro Max and Samsung If you value seamless ecosystem integration, exceptional video recording, and long-term software support, the iPhone 17 Pro Max is an excellent choice. If you prioritize camera versatility, AI-powered features, productivity tools, and Android customization, the Galaxy S26 Ultra stands out as the better option.
- [SBP Governor Urges Banks to Develop Specialized Financing Products](https://businessplus.com.pk/sbp-governor-urges-banks-to-develop-specialized-financing-products/) - Governor State Bank of Pakistan (SBP), Jameel Ahmad, urged banks to move beyond traditional lending approaches and reliance on government supported schemes and develop sector specific products SBP Governor Urges Banks to Develop Specialized Financing Products - The SBP governor urged banks to view digital transformation as a long-term strategic investment rather than a technology project and develop products and services that respond to the evolving needs of customers, particularly women, youth and SMEs. Governor State Bank of Pakistan (SBP), Jameel Ahmad, urged banks to move beyond traditional lending approaches and reliance on government supported schemes and develop sector specific products that match the cash-flow cycles of agriculture, SMEs, and other productive sectors. The SBP governor, addressing the concluding session of Pakistan Banking Summit 2026, said that expanding financing The governor highlighted the central bank’s initiatives for modernizing agricultural finance, promoting value-chain financing and investment in storage infrastructure, climate-resilient agriculture, use of digital technologies.
- [BingX Launches Global Community Initiative Following Enzo Fernández’s World Cup Goal](https://businessplus.com.pk/bingx-launches-global-community-initiative-following-enzo-fernandezs-world-cup-goal/) - BingX, a leading cryptocurrency exchange and Web3-AI company, is celebrating one of the defining moments on football’s biggest stage after its global brand ambassador, Enzo Fernández, scored Argentina's decisive goal to secure a dramatic comeback victory and a place in the World Cup quarterfinals. Fernández's goal not only completed Argentina's comeback but also marked the BingX Launches Global Community Initiative Following Enzo Fernández’s World Cup Goal - To celebrate the victory with its global community, BingX is launching a series of limited-time community campaigns. From July 8 to July 11, all users can sign up to receive complimentary vouchers airdrop. BingX, a leading cryptocurrency exchange and Web3-AI company, is celebrating one of the defining moments on football’s biggest stage after its global brand ambassador, Enzo Fernández, scored Argentina's decisive goal to secure a dramatic comeback victory and a place in the World Cup quarterfinals. Fernández's goal not only completed Argentina's comeback but also marked the Separately, users who engage with official social media will have the exclusive opportunity to win one of 20 USDT trading bonuses.
- [PSW Signs MoU With LUMS to Enhance Trade Facilitation and Capacity Building](https://businessplus.com.pk/psw-signs-mou-with-lums-to-enhance-trade-facilitation-and-capacity-building/) - Pakistan Single Window (PSW) and the Lahore University of Management Sciences (LUMS) have signed a Memorandum of Understanding (MoU) to collaborate on capacity building, executive education, and research initiatives aimed at strengthening Pakistan’s trade facilitation ecosystem. The agreement was signed by Aftab Haider, Chief Executive Officer of Pakistan Single Window, and Dr Tariq Jadoon, Provost PSW Signs MoU With LUMS to Enhance Trade Facilitation and Capacity Building - Under the partnership, PSW and LUMS will collaborate to support capacity-building initiatives under the Federal Board of Revenue’s (FBR) Postgraduate Diploma (PGD) Program for Probationary Assistant Collectors of Customs. Pakistan Single Window (PSW) and the Lahore University of Management Sciences (LUMS) have signed a Memorandum of Understanding (MoU) to collaborate on capacity building, executive education, and research initiatives aimed at strengthening Pakistan’s trade facilitation ecosystem. The agreement was signed by Aftab Haider, Chief Executive Officer of Pakistan Single Window, and Dr Tariq Jadoon, Provost The partnership also provides a platform for both organizations to participate in each other’s conferences, workshops, policy dialogues, exhibitions, and related events to promote institutional collaboration and knowledge sharing.
- [Boeing 737 Cargo Aircraft Reported Missing Near Karachi; Rescue Teams Deployed](https://businessplus.com.pk/boeing-737-cargo-aircraft-reported-missing-near-karachi-rescue-teams-deployed/) - A Pakistan K2 Cargo Boeing 737 aircraft, en route from Sharjah to Karachi, has reportedly gone missing off the Karachi coast, prompting an extensive search and rescue operation. Boeing 737 Cargo Aircraft Reported Missing Near Karachi; Rescue Teams Deployed - A Pakistan K2 Cargo Boeing 737 aircraft, en route from Sharjah to Karachi, has reportedly gone missing off the Karachi coast. A Pakistan K2 Cargo Boeing 737 aircraft, en route from Sharjah to Karachi, has reportedly gone missing off the Karachi coast, prompting an extensive search and rescue operation. Sources said the aircraft disappeared from radar, following which search and rescue efforts were launched immediately. As part of the ongoing operation, the Pakistan Navy has dispatched Sources said the aircraft disappeared from radar, following which search and rescue efforts were launched immediately.
- [New Study: Video Games Could Modestly Improve Memory and Brain Function](https://businessplus.com.pk/new-study-video-games-could-modestly-improve-memory-and-brain-function/) - Because video games are a regular part of many people’s everyday lives, researchers have spent a lot of time trying to determine whether they are beneficial or detrimental to brain health, according to Medical Xpress. New Study: Video Games Could Modestly Improve Memory and Brain Function - The researchers grouped cognitive outcomes into five domains: memory, spatial ability, visual attention, cognitive control and intelligence. Because video games are a regular part of many people’s everyday lives, researchers have spent a lot of time trying to determine whether they are beneficial or detrimental to brain health, according to Medical Xpress. A new study, published in Acta Psychologica, has compiled 20 years of research on how video games affect cognitive abilities They found that video game play was linked to small but statistically significant cognitive advantages overall. Correlational studies showed a small overall link, with the biggest effects on memory.
- [PSX launches public consultation on first sustainability index](https://businessplus.com.pk/psx-launches-public-consultation-on-first-sustainability-index/) - Pakistan Stock Exchange Limited (PSX) released a Concept Paper on the PSX Sustainability Index (PSI), marking a defining milestone in Pakistan’s journey toward mainstream sustainable finance. PSX launches public consultation on first sustainability index - The PSI is a proposed benchmark designed to identify and measure the performance of listed companies that embed financially relevant and material environmental, social, and governance risks and opportunities in their business models. Pakistan Stock Exchange Limited (PSX) released a Concept Paper on the PSX Sustainability Index (PSI), marking a defining milestone in Pakistan’s journey toward mainstream sustainable finance. The PSI is a proposed benchmark designed to identify and measure the performance of listed companies that embed financially relevant and material environmental, social, and governance risks and opportunities The Index is relevant to listed companies seeking recognition and access to responsible capital, asset managers and institutional investors building ESG-aligned products on a credible benchmark, and investors seeking structured exposure to companies with sustainable business models.
- [InfraZamin-Guaranteed, Bank of Punjab-Led Consortium Announce Financial Close of PKR 4.76 billion 10-Year Islamic Syndicated Financing for Air Link Communication Limited and Select Technologies Limited](https://businessplus.com.pk/infrazamin-guaranteed-bank-of-punjab-led-consortium-announce-financial-close-of-pkr-4-76-billion-10-year-islamic-syndicated-financing-for-air-link-communication-limited-and-select-technologies-limite/) - A consortium of banks, managed by The Bank of Punjab, together with InfraZamin Pakistan Limited, today announced the successful financial close of a PKR 4.76 billion 10-year Islamic Syndicated Term Finance Facility for Air Link Communication Limited and Select Technologies Limited. The financing consortium comprises Askari Bank Limited, The Bank of Punjab, BankIslami Pakistan Limited, InfraZamin-Guaranteed, Bank of Punjab-Led Consortium Announce Financial Close of PKR 4.76 billion 10-Year Islamic Syndicated Financing for Air Link Communication Limited and Select Technologies Limited - The financing will enable the establishment of state-of-the-art manufacturing facilities at the Sundar Green Special Economic Zone, where both companies will expand local production of home appliances, consumer electronics, and smartphones. A consortium of banks, managed by The Bank of Punjab, together with InfraZamin Pakistan Limited, today announced the successful financial close of a PKR 4.76 billion 10-year Islamic Syndicated Term Finance Facility for Air Link Communication Limited and Select Technologies Limited. The financing consortium comprises Askari Bank Limited, The Bank of Punjab, BankIslami Pakistan Limited, The investment is projected to manufacture over one million affordable smartphones annually, improving digital access and internet connectivity. The project is also expected to create approximately 450 direct jobs within five years of construction, with 25%–30% of these positions reserved for women, contributing to greater female participation in Pakistan's manufacturing sector.
- [Lucky investments launches lucky Islamic dividend yield fund](https://businessplus.com.pk/lucky-investments-launches-lucky-islamic-dividend-yield-fund/) - Lucky Investments Limited (“Lucky Investments”) has announced the launch of the Lucky Islamic Dividend Yield Fund (LIDYF), an open-end Shariah-compliant equity fund designed to provide investors with competitive Halal returns through investments in dividend-yielding Shariah-compliant listed equities, while offering the potential for long-term capital appreciation. Lucky investments launches lucky Islamic dividend yield fund - The fund has been designed to meet the growing demand for Shariah-compliant equity investments that generate sustainable dividend income under the guidance of professional portfolio managers and using prudent risk oversight. Lucky Investments Limited (“Lucky Investments”) has announced the launch of the Lucky Islamic Dividend Yield Fund (LIDYF), an open-end Shariah-compliant equity fund designed to provide investors with competitive Halal returns through investments in dividend-yielding Shariah-compliant listed equities, while offering the potential for long-term capital appreciation. The fund has been designed to meet the growing demand With the introduction of LIDYF, the company now offered a comprehensive suite of Islamic mutual funds and pension funds covering liquidity management, fixed-term investments, regular income, equity growth, energy sector exposure, retirement planning, and dividend-focused investing.
- [Finance Minister Launches InvestPak Digital Platform for Government Securities Investment](https://businessplus.com.pk/finance-minister-launches-investpak-digital-platform-for-government-securities-investment/) - Federal Minister for Finance and Revenue Muhammad Aurangzeb, formally launched InvestPak, a digital platform to facilitate individuals and corporate customers to make instant, free, and secure investment in government securities. Finance Minister Launches InvestPak Digital Platform for Government Securities Investment - The Finance Minister lauded the idea of retail investment starting from Rs 5000 and its availability to both the corporates and individuals and said that we have seen an increasing number of investors in PSX during the last 12 to 18 months particularly the youth. Federal Minister for Finance and Revenue Muhammad Aurangzeb, formally launched InvestPak, a digital platform to facilitate individuals and corporate customers to make instant, free, and secure investment in government securities. InvestPak digitizes the process of investment and maintaining PKR accounts with financial institutions while allowing the account holders to digitally open Investor Portfolio of Securities The share of NBFI’s investment in government securities has surged to 22% from a single digit but still a long way to go for NBFIs, Aurangzeb said and added that this diversification will enhance the banking sector’s capacity towards private sector lending.
- [Federal Govt makes Apna Ghar Housing Loans more accessible through NBFCs](https://businessplus.com.pk/federal-govt-makes-apna-ghar-housing-loans-more-accessible-through-nbfcs/) - Access to affordable housing finance is set to become easier for citizens, particularly underserved and non-banking segments, as the Federal Government has approved the inclusion of lending Non-Banking Finance Companies (NBFCs) as Participating Financial Institutions (PFIs) under the Prime Minister’s Apna Ghar Program (PM-APG). The Securities and Exchange Commission of Pakistan (SECP), recognizing the potential Federal Govt makes Apna Ghar Housing Loans more accessible through NBFCs - Under the scheme, non-banking housing finance companies and investment finance companies will provide housing loans of up to PKR 10 million, while microfinance companies will offer loans of up to PKR 5 million. Access to affordable housing finance is set to become easier for citizens, particularly underserved and non-banking segments, as the Federal Government has approved the inclusion of lending Non-Banking Finance Companies (NBFCs) as Participating Financial Institutions (PFIs) under the Prime Minister’s Apna Ghar Program (PM-APG). The Securities and Exchange Commission of Pakistan (SECP), recognizing the potential The Prime Minister’s Apna Ghar Program aims to promote affordable housing by providing mark-up subsidies and risk coverage for housing finance. Under the scheme, eligible first-time home buyers can obtain loans for a maximum period of 20 years at a subsidized mark-up rate of 5 percent for the first 10 years.
- [Onic Launches AI Assist, Pakistan's First Intelligent In-App Chat Companion for Mobile Support](https://businessplus.com.pk/onic-launches-ai-assist-pakistans-first-intelligent-in-app-chat-companion-for-mobile-support/) - Onic has launched Onic AI Assist, an intelligent chat companion integrated directly into the Onic app and the web interface, introducing an AI-powered support experience that enables customers to resolve queries instantly within the platform at no additional cost. Onic Launches AI Assist, Pakistan's First Intelligent In-App Chat Companion for Mobile Support - The solution allows users to ask questions in natural language and receive guided responses across a range of services, including SIM activation, plan management, payments, data usage, connectivity troubleshooting, and travel or roaming support. Onic has launched Onic AI Assist, an intelligent chat companion integrated directly into the Onic app and the web interface, introducing an AI-powered support experience that enables customers to resolve queries instantly within the platform at no additional cost. The solution allows users to ask questions in natural language and receive guided responses across a Built specifically for local users, AI Assist understands Roman Urdu, Urdu-English mixed phrasing, conversational messaging styles, and common spelling variations. This enables customers to communicate naturally without relying on specific keywords or technical terminology.
- [Nadeem Khan Appointed as CEO PTCL](https://businessplus.com.pk/nadeem-khan-appointed-as-ceo-ptcl/) - The Board of Directors appointed Nadeem Khan, previously working as Group Chief Financial Officer of PTCL and Ufone, as CEO of PTCL, effective immediately for a period of 14 days. Nadeem Khan Appointed as CEO PTCL - The Board of Directors appointed Nadeem Khan, previously working as Group Chief Financial Officer of PTCL and Ufone, as CEO of PTCL, effective immediately for a period of 14 days. The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) today announced a major leadership transition as the company marks the successful completion of the amalgamation of Telenor Pakistan into Pak Telecom Mobile Limited (PTML), operating as Ufone 5G. The Board of Directors appointed Nadeem Khan, previously working as Group Chief Financial Officer of PTCL Hatem Bamatraf, serving as President and CEO of PTCL & Ufone for the past 5 years, has stepped down from his role at PTCL to take on the position of CEO of Pak Telecom Mobile Limited (PTML).
- [Mobilink Bank Named Pakistan's Best Digital Bank, Secures Three FinanceAsia Awards](https://businessplus.com.pk/mobilink-bank-named-pakistans-best-digital-bank-secures-three-financeasia-awards/) - Pakistan's leading digital microfinance bank, Mobilink Bank, has secured top honors at the FinanceAsia Awards 2026, being recognized as Pakistan's Best Digital Bank, Best Bank for Financial Inclusion, and Best Bank for Use of Technology in the domestic category. Mobilink Bank Named Pakistan's Best Digital Bank, Secures Three FinanceAsia Awards - Mobilink Bank reflected resilient financial performance and strengthened digital footprint over the past year. Despite climate-related disasters and sector-wide pressures on asset quality, the Bank sustained healthy profitability, expanded its lending portfolio across conventional and nano segments, grew deposits significantly, and posted strong revenue growth driven by SME financing, particularly for women-led enterprises, alongside expanded sustainability initiatives including solar energy financing. Pakistan's leading digital microfinance bank, Mobilink Bank, has secured top honors at the FinanceAsia Awards 2026, being recognized as Pakistan's Best Digital Bank, Best Bank for Financial Inclusion, and Best Bank for Use of Technology in the domestic category. Organized by FinanceAsia, the premier capital markets platform in Asia Pacific, the awards recognize the region's President & CEO, Mobilink Bank, Haaris Mahmood Chaudhary said, “Winning three FinanceAsia Awards is a testament to our commitment to building a digital-first, inclusive financial ecosystem for Pakistan. As we continue to empower women, small businesses, and underserved communities through technology, we remain focused on expanding access to innovative financial solutions that create lasting economic opportunity and drive sustainable growth.”
- [InfraZamin Convenes Global Leaders at London Climate Action Week to Scale Pakistan’s Sustainable Transformation](https://businessplus.com.pk/infrazamin-convenes-global-leaders-at-london-climate-action-week-to-scale-pakistans-sustainable-transformation/) - InfraZamin Pakistan, in collaboration with the Private Infrastructure Development Group (PIDG), convened senior leaders from government, financial institutions, development finance institutions, investors, and the private sector for an exclusive roundtable discussion titled "Investing in Pakistan's Sustainable Transformation" during London Climate Action Week 2026 at PIDG Headquarters in London. The roundtable brought together senior leaders from InfraZamin Convenes Global Leaders at London Climate Action Week to Scale Pakistan’s Sustainable Transformation - The discussion reinforced that Pakistan presents significant opportunities to mobilize climate and infrastructure investment. InfraZamin Pakistan, in collaboration with the Private Infrastructure Development Group (PIDG), convened senior leaders from government, financial institutions, development finance institutions, investors, and the private sector for an exclusive roundtable discussion titled "Investing in Pakistan's Sustainable Transformation" during London Climate Action Week 2026 at PIDG Headquarters in London. The roundtable brought together senior leaders from The roundtable concluded with a shared commitment to strengthen to build scale and solutions for mobilization of greater volumes of private capital for Pakistan's sustainable infrastructure to support the country's transition towards a greener, more resilient, and inclusive economy.
- [Pakistan Enters Sustainable Investment Market with New SECP ESG Mutual Funds Framework](https://businessplus.com.pk/pakistan-enters-sustainable-investment-market-with-new-secp-esg-mutual-funds-framework/) - The framework enables Asset Management Companies (AMCs) to launch Environmental, Social and Governance (ESG)-focused mutual funds, bringing Pakistan’s capital market in line with global sustainable investment practices. Pakistan Enters Sustainable Investment Market with New SECP ESG Mutual Funds Framework - The new framework establishes a transparent regulatory regime for ESG-aligned collective investment schemes and opens Pakistan’s financial market to the growing global sustainable investment ecosystem. Pakistan has taken a major step towards sustainable finance with the Securities and Exchange Commission of Pakistan (SECP) issuing the country’s first ESG Mutual Funds Framework. The framework enables Asset Management Companies (AMCs) to launch Environmental, Social and Governance (ESG)-focused mutual funds, bringing Pakistan’s capital market in line with global sustainable investment practices. Globally, sustainable Under the framework, equity-based ESG mutual funds will primarily invest in companies included in the Pakistan Stock Exchange’s Sustainability Index and those aligned with SECP’s ESG Disclosure Guidelines.
- [Telenor Pakistan formally amalgamates into PTML following statutory approvals](https://businessplus.com.pk/telenor-pakistan-formally-amalgamates-into-ptml-following-statutory-approvals/) - Telenor Pakistan will formally amalgamate into Pak Telecom Mobile Limited PTML (Ufone 5G) with effect from July 2026, marking the completion of one of the most significant transactions in the country's telecommunications history. The amalgamation follows the receipt of the final statutory approval from the Islamabad High Court, which brought to close a comprehensive regulatory Telenor Pakistan formally amalgamates into PTML following statutory approvals - With this development, Telenor Pakistan’s operations, network infrastructure, and customer base will be fully integrated into PTML (Ufone 5G), creating a combined entity with expanded reach, a stronger spectrum portfolio, and greater capacity to invest in next-generation connectivity and digital services across the country. Telenor Pakistan will formally amalgamate into Pak Telecom Mobile Limited PTML (Ufone 5G) with effect from July 2026, marking the completion of one of the most significant transactions in the country's telecommunications history. The amalgamation follows the receipt of the final statutory approval from the Islamabad High Court, which brought to close a comprehensive regulatory Ufone 5G has promised continuity of service for both Ufone 5G and Telenor Pakistan customers during the integration process, with access to superior connectivity and digital experience.
- [SECP Reforms Drive 1,374% Growth in Third-Party Motor Insurance Across Sindh](https://businessplus.com.pk/secp-reforms-drive-1374-growth-in-third-party-motor-insurance-across-sindh/) - Under the revised law, every registered vehicle in Sindh must carry valid third-party insurance. Vehicles without insurance cannot be registered, transferred, or pay annual token tax, strengthening compliance and consumer protection. The Securities and Exchange Commission of Pakistan’s (SECP) reforms to enforce third party motor insurance have increased third-party motor insurance coverage in Sindh by SECP Reforms Drive 1,374% Growth in Third-Party Motor Insurance Across Sindh - Under the revised law, every registered vehicle in Sindh must carry valid third-party insurance. Vehicles without insurance cannot be registered, transferred, or pay annual token tax, strengthening compliance and consumer protection. Under the revised law, every registered vehicle in Sindh must carry valid third-party insurance. Vehicles without insurance cannot be registered, transferred, or pay annual token tax, strengthening compliance and consumer protection. The Securities and Exchange Commission of Pakistan’s (SECP) reforms to enforce third party motor insurance have increased third-party motor insurance coverage in Sindh by Third-party motor insurance is a basic and affordable policy that provides financial protection to victims of road accidents by covering damage to property, bodily injury, or death caused to another person.
- [Mobilink Bank & Karandaaz Launch ‘AgriFin for Her’ to Empower 50,000 Women Farmers in Pakistan](https://businessplus.com.pk/mobilink-bank-karandaaz-launch-agrifin-for-her-to-empower-50000-women-farmers-in-pakistan/) - Haaris Mahmood Chaudhary, President & CEO, Mobilink Bank, and Waqas ul Hassan, CEO Karandaaz Pakistan sign an MoU for two-year 'AgriFin for Her' project in Islamabad, which aims to onboard 50,000 women farmers into the formal financial system through access to digital financial services, tailored saving product, and financial and digital literacy programs. Mobilink Bank & Karandaaz Launch ‘AgriFin for Her’ to Empower 50,000 Women Farmers in Pakistan - Haaris Mahmood Chaudhary, President & CEO, Mobilink Bank, and Waqas ul Hassan, CEO Karandaaz Pakistan sign an MoU for two-year 'AgriFin for Her' project in Islamabad. Haaris Mahmood Chaudhary, President & CEO, Mobilink Bank, and Waqas ul Hassan, CEO Karandaaz Pakistan sign an MoU for two-year 'AgriFin for Her' project in Islamabad, which aims to onboard 50,000 women farmers into the formal financial system through access to digital financial services, tailored saving product, and financial and digital literacy programs. Samsung to Onboard 50,000 women farmers into the formal financial system through access to digital financial services, tailored saving product, and financial and digital literacy programs.
- [Emirates clinches Best Airline Worldwide at the 2026 Business Traveller Middle East Awards](https://businessplus.com.pk/emirates-clinches-best-airline-worldwide-at-the-2026-business-traveller-middle-east-awards/) - • Airline honoured with top accolade for the 13th straight time• Walks away with Best First Class and Best Airport Lounge Emirates has once again been honoured at the 2026 Business Traveller Middle East (BTME) Awards, securing the industry's most coveted accolade—Best Airline Worldwide—alongside Best First Class and Best Airport Lounge in the Middle East Emirates clinches Best Airline Worldwide at the 2026 Business Traveller Middle East Awards - Emirates has once again been honoured at the 2026 Business Traveller Middle East (BTME) Awards, securing the industry's most coveted accolade—Best Airline Worldwide—alongside Best First Class and Best Airport Lounge in the Middle East for its First Class Lounge at Dubai International Airport. • Airline honoured with top accolade for the 13th straight time• Walks away with Best First Class and Best Airport Lounge Emirates has once again been honoured at the 2026 Business Traveller Middle East (BTME) Awards, securing the industry's most coveted accolade—Best Airline Worldwide—alongside Best First Class and Best Airport Lounge in the Middle East The long-running Business Traveller Middle East Awards are among the region’s most respected travel industry honours, recognising excellence across the business travel sector, with winners determined through nominations and votes cast by Business Traveller Middle East readers.
- [Islamabad Police Departments Mark Milestone in Electric Mobility Adoption with BYD EVs](https://businessplus.com.pk/islamabad-police-departments-mark-milestone-in-electric-mobility-adoption-with-byd-evs/) - Mega Motor Company (MMC), the official partner of BYD in Pakistan, has delivered an additional fleet of BYD electric vehicles to Islamabad Capital Police and Islamabad Traffic Police, building on the departments' earlier adoption of EVs as part of their fleet electrification programme. Islamabad Police Departments Mark Milestone in Electric Mobility Adoption with BYD EVs - This expansion further supports the Capital's sustainability objectives and reinforces its position as a pioneer in the adoption of electric mobility within Pakistan's public sector. Mega Motor Company (MMC), the official partner of BYD in Pakistan, has delivered an additional fleet of BYD electric vehicles to Islamabad Capital Police and Islamabad Traffic Police, building on the departments' earlier adoption of EVs as part of their fleet electrification programme. This expansion further supports the Capital's sustainability objectives and reinforces its position Danish Khaliq, VP Sales & Strategy at MMC, said, "The continued collaboration and trust between Islamabad Police and BYD reflects growing confidence in new energy vehicle technology and, highlights the role electric mobility can play in delivering both environmental and operational efficiencies.
- [Mobilink Bank, Depilex Smileagain Foundation Empower Women Burn Survivors through Sustainable Mobility](https://businessplus.com.pk/mobilink-bank-depilex-smileagain-foundation-empower-women-burn-survivors-through-sustainable-mobility/) - Pakistan’s leading digital microfinance bank, Mobilink Bank, has launched a meaningful social investment initiative in collaboration with the Depilex Smileagain Foundation, providing 25 electric scooters to female survivors of acid and kerosene burn violence. Mobilink Bank, Depilex Smileagain Foundation Empower Women Burn Survivors through Sustainable Mobility - Introduced under the Bank’s CSR program, the initiative supports survivors in rebuilding independence, improving access to opportunities, and moving through daily life with greater confidence, dignity, and freedom. Pakistan’s leading digital microfinance bank, Mobilink Bank, has launched a meaningful social investment initiative in collaboration with the Depilex Smileagain Foundation, providing 25 electric scooters to female survivors of acid and kerosene burn violence. Introduced under the Bank’s CSR program, the initiative supports survivors in rebuilding independence, improving access to opportunities, and moving through daily The bank’s collaboration with Depilex Smileagain Foundation embodies this commitment by combining survivor rehabilitation with sustainable mobility, helping women rebuild their lives while advancing a more inclusive and environmentally responsible future.
- [BYD Expands Footprint in Karachi with New Dealership Amid Rising NEV Demand](https://businessplus.com.pk/byd-expands-footprint-in-karachi-with-new-dealership-amid-rising-nev-demand/) - BYD Pakistan, through its official partner Mega Motor Company (Pvt.) Limited, has announced the expansion of its presence in Karachi with the opening of a third authorized BYD dealership in Korangi to cater to the growing demand for New Energy Vehicles (NEVs) in Pakistan's largest automotive market. BYD Expands Footprint in Karachi with New Dealership Amid Rising NEV Demand - The new dealership marks the seventh location in the company's nationwide network and reinforces its commitment to making electric mobility more accessible to Pakistani consumers. BYD Pakistan, through its official partner Mega Motor Company (Pvt.) Limited, has announced the expansion of its presence in Karachi with the opening of a third authorized BYD dealership in Korangi to cater to the growing demand for New Energy Vehicles (NEVs) in Pakistan's largest automotive market. The new dealership marks the seventh location in BYD's current NEV portfolio, including the BYD Atto 2, BYD Atto 3, BYD Seal, BYD Sealion 7, and BYD Shark 6, will be available for display, test drives, and bookings at the new dealership.
- [Sabri Sisters Take Center Stage in New York’s Times Square as Spotify’s EQUAL Pakistan Ambassadors for Q2 2026](https://businessplus.com.pk/sabri-sisters-take-center-stage-in-new-yorks-times-square-as-spotifys-equal-pakistan-ambassadors-for-q2-2026/) - Following their announcement as Spotify EQUAL Pakistan Ambassadors for Q2 2026 earlier this quarter, the Sabri Sisters were featured on Spotify’s iconic Times Square billboard in New York City on June 17, joining a growing list of Pakistani women artists showcased on a global stage through the EQUAL program. Sabri Sisters Take Center Stage in New York’s Times Square as Spotify’s EQUAL Pakistan Ambassadors for Q2 2026 - The duo's breakout collaboration “Meri Zindagi Hai Tu” has resonated strongly with listeners, spending more than 30 weeks on Spotify’s “Top 50 - Pakistan.” Following their announcement as Spotify EQUAL Pakistan Ambassadors for Q2 2026 earlier this quarter, the Sabri Sisters were featured on Spotify’s iconic Times Square billboard in New York City on June 17, joining a growing list of Pakistani women artists showcased on a global stage through the EQUAL program. Torchbearers of a legendary musical legacy According to Spotify data, the duo has also built an international audience, with the United States, United Kingdom, and Bangladesh ranking among their top listener countries.
- [Saudi investors show strong interest in Pakistani handmade furniture: PFC](https://businessplus.com.pk/saudi-investors-show-strong-interest-in-pakistani-handmade-furniture-pfc/) - Pakistan Furniture Council (PFC) Chief Executive Officer Mian Kashif Ashfaq has said on Tuesday that Saudi investors were showing keen interest in Pakistan’s handmade carved furniture and were exploring opportunities for joint ventures, investment and technology collaboration with local manufacturers. Saudi investors show strong interest in Pakistani handmade furniture: PFC - Saudi investors were showing keen interest in Pakistan’s handmade carved furniture and were exploring opportunities for joint ventures, investment and technology collaboration with local manufacturers. Pakistan Furniture Council (PFC) Chief Executive Officer Mian Kashif Ashfaq has said on Tuesday that Saudi investors were showing keen interest in Pakistan’s handmade carved furniture and were exploring opportunities for joint ventures, investment and technology collaboration with local manufacturers. A six-member PFC delegation led by Mian Kashif Ashfaq is currently visiting Saudi Arabia to Speaking during meetings with investors and business leaders, he said Saudi counterparts highly appreciated the craftsmanship, quality and intricate wood-carving skills of Pakistani artisans, particularly in the production of traditional and luxury furniture. They observed that Pakistani handmade furniture has strong potential in Gulf markets due to its unique designs, durability and competitive pricing.
- [SECP Approves Pakistan’s First Digital Lending Product for Women-Led MSMEs](https://businessplus.com.pk/secp-approves-pakistans-first-digital-lending-product-for-women-led-msmes/) - Under this product, the Company will offer women entrepreneurs asset financing ranging from PKR 100,000 to PKR 1.5 million, based on the outcome of the credit assessment of each borrower. SECP Approves Pakistan’s First Digital Lending Product for Women-Led MSMEs - Under this product, the Company will offer women entrepreneurs asset financing ranging from PKR 100,000 to PKR 1.5 million, based on the outcome of the credit assessment of each borrower. Under this product, the Company will offer women entrepreneurs asset financing ranging from PKR 100,000 to PKR 1.5 million, based on the outcome of the credit assessment of each borrower. The initiative marks a significant step towards SECP’s agenda of promoting financial inclusion and expanding access to formal finance for women entrepreneurs, a segment that The innovative product, titled “Khudmukhtar Khatoon,” has been developed by M/s. Walee Financial Services (Private) Limited. The product will provide fully digital, Shariah-compliant asset financing designed specifically to address the financing needs of women-owned small businesses.
- [Jubilee Life Celebrates Parents and Caregivers of Persons with Disabilities through "Lights. Camera. Inclusion."](https://businessplus.com.pk/jubilee-life-celebrates-parents-and-caregivers-of-persons-with-disabilities-through-lights-camera-inclusion/) - An initiative dedicated to honouring the strength, resilience, and unwavering support behind every success story. Jubilee Life Insurance, Pakistan's largest private sector life insurance company, brought together persons with disabilities (PWDs), their families, community partners, and other stakeholders from ConnectHear and NOWPDP for celebrating the unsung heroes held under its dedicated campaign Lights. Camera. Inclusion. Jubilee Life Celebrates Parents and Caregivers of Persons with Disabilities through "Lights. Camera. Inclusion." - Jubilee Life Insurance, brought together persons with disabilities (PWDs), their families, community partners, and other stakeholders from ConnectHear and NOWPDP for celebrating the unsung heroes held under its dedicated campaign Lights. Camera. Inclusion. An initiative dedicated to honouring the strength, resilience, and unwavering support behind every success story. Jubilee Life Insurance, Pakistan's largest private sector life insurance company, brought together persons with disabilities (PWDs), their families, community partners, and other stakeholders from ConnectHear and NOWPDP for celebrating the unsung heroes held under its dedicated campaign Lights. Camera. Inclusion. The initiative was designed to honour parents and caregivers whose consistent support and resilience enable individuals to overcome life’s challenges and achieve personal and professional milestones.
- [FBR offices to remain open on June 27-28](https://businessplus.com.pk/fbr-offices-to-remain-open-on-june-27-28/) - The Federal Board of Revenue (FBR) has announced that all its field formations will observe normal working hours on June 27 and 28, 2026 (Saturday and Sunday). FBR offices to remain open on June 27-28 - The Federal Board of Revenue (FBR) has announced that all its field formations will observe normal working hours on June 27 and 28, 2026 (Saturday and Sunday), to facilitate the collection of duties and taxes. The Federal Board of Revenue (FBR) has announced that all its field formations will observe normal working hours on June 27 and 28, 2026 (Saturday and Sunday), to facilitate the collection of duties and taxes. According to FBR notification, the extended working hours will also be observed on 29 and 30 June 2026 (Monday, Tuesday), The board directed all FBR field offices, including Large Taxpayers’ Offices (LTOs), Medium Taxpayers’ Offices (MTO), Corporate Tax Offices (CTOs), and Regional Tax Offices (RTOs) across the country.
- [Government Reaffirms Support for Electric Vehicle Manufacturing and Localization](https://businessplus.com.pk/government-reaffirms-support-for-electric-vehicle-manufacturing-and-localization/) - Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb reaffirmed the government’s support for electric vehicle manufacturing, localization and sustainable transportation to promote Pakistan as a regional hub for new energy vehicles. Government Reaffirms Support for Electric Vehicle Manufacturing and Localization - On the occasion, Liu Xueliang briefed the Finance Minister on BYD’s operations and future plans in Pakistan, highlighting the company’s progress in introducing new energy vehicle technologies to the local market in partnership with Mega Motor Company. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb reaffirmed the government’s support for electric vehicle manufacturing, localization and sustainable transportation to promote Pakistan as a regional hub for new energy vehicles. He stated this while talking to a delegation of BYD Group and Mega Motor Company (MMC) led by BYD Group Vice President Liu The delegation emphasized Pakistan’s growing potential as a market for new energy vehicles and outlined its long-term vision of positioning the country as a regional hub for EV manufacturing and exports.
- [Emirates launches world's most comprehensive travel insurance](https://businessplus.com.pk/emirates-launches-worlds-most-comprehensive-travel-insurance/) - Emirates has become the first airline in the world to offer Comprehensive Travel Cover, an industry-first travel insurance product that handles it all, including medical cover for conflict-related incidents, backed by airline-managed hotel accommodation and extended-stay support across a range of disruption scenarios. Emirates launches world's most comprehensive travel insurance - Customers can now plan and travel with even greater peace of mind from the moment they book their journey, with expanded medical cover in the insurance product, supported by Travel Guard, and additional disruption support by Emirates on top of the existing travel insurance offering. • First airline in the world to offer this level of comprehensive travel cover• Airline-managed hotel stays and extended-stay support during disruption Emirates has become the first airline in the world to offer Comprehensive Travel Cover, an industry-first travel insurance product that handles it all, including medical cover for conflict-related incidents, backed by airline-managed hotel This is in addition to existing customer-first benefits such as a free date change for tickets booked from 2 April, and the option to ‘hold my fare’ for 24 hours free of charge, giving travellers flexibility, reassurance, and support at every step.
- [Al-Ghazi Tractors Limited Joins the Pakistan Agricultural Coalition to Strengthen Support for the Country’s Agriculture Sector](https://businessplus.com.pk/al-ghazi-tractors-limited-joins-the-pakistan-agricultural-coalition-to-strengthen-support-for-the-countrys-agriculture-sector/) - The partnership was formalized through a Memorandum of Understanding, bringing Al-Ghazi into a coalition of the country’s foremost business and financial groups that is working to make Pakistan’s agriculture sector private sector-led, technology-driven, entrepreneurial and globally competitive. Al-Ghazi Tractors Limited Joins the Pakistan Agricultural Coalition to Strengthen Support for the Country’s Agriculture Sector - The partnership reflects Al-Ghazi’s intent to play an active part in the national agenda for agricultural growth, working alongside government, industry and the wider development community. One of Pakistan’s leading tractor manufacturers comes on board as a patron of PAC, reinforcing its commitment to a modern, productive and globally competitive farm economy. Al-Ghazi Tractors Limited (AGTL), one of Pakistan’s leading manufacturers of agricultural machinery, has joined the Pakistan Agricultural Coalition (PAC) as a patron. The partnership was formalized through a Memorandum Through associations such as this, Al-Ghazi seeks to support efforts that improve productivity, advance mechanization and enhance the prosperity of Pakistan’s farmers, in line with the country’s broader goals for food security and rural development.
- [Pakistan Secures $700 Million ADB Loan for Insurance Sector Reforms](https://businessplus.com.pk/pakistan-secures-700-million-adb-loan-for-insurance-sector-reforms/) - The Asian Development Bank (ADB) approved a US$ 700 million policy-based loan to support reforms aimed at strengthening insurance in Pakistan. Pakistan Secures $700 Million ADB Loan for Insurance Sector Reforms - The Insurance Transformation Program will strengthen Pakistan’s financial resilience by deepening insurance markets and expanding financial protection for households, businesses, farmers, and public finances against extreme weather events, disasters, and life-cycle risks. The Asian Development Bank (ADB) approved a US$ 700 million policy-based loan to support reforms aimed at strengthening insurance in Pakistan. The program seeks to expand insurance coverage and reduce protection gaps and the loan would help stimulate private sector participation and support sustainable economic growth. The Insurance Transformation Program will strengthen Pakistan’s financial resilience The loan will support resilience initiatives and disaster risk financing by expanding inclusive and shock-responsive insurance products, particularly for farmers, women, and vulnerable households.
- [Maritime Minister Suspends KPT Tariff Hike, Providing Rs500 Million Relief to Businesses](https://businessplus.com.pk/maritime-minister-suspends-kpt-tariff-hike-providing-rs500-million-relief-to-businesses/) - Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Thursday announced the freezing of a proposed 5 percent increase in Karachi Port Trust (KPT) tariffs for fiscal year 2026-27. Maritime Minister Suspends KPT Tariff Hike, Providing Rs500 Million Relief to Businesses - Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Thursday announced the freezing of a proposed 5 percent increase in Karachi Port Trust (KPT) tariffs for fiscal year 2026-27. The move will save importers, exporters, and businesses around Rs500 million while easing pressure on the trade sector. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Thursday announced the freezing of a proposed 5 percent increase in Karachi Port Trust (KPT) tariffs for fiscal year 2026-27, a move to provide substantial relief to Junaid Anwar Chaudhry expressed confidence that the tariff freeze would help maintain the competitiveness of exports, ease operational costs for importers, and contribute to higher trade volumes through Pakistan’s ports.
- [How Much Is Pakistan’s Current Account Surplus in 11MFY26? It Reached $255 Million](https://businessplus.com.pk/how-much-is-pakistans-current-account-surplus-in-11mfy26-it-reached-255-million/) - Pakistan’s External Current Account recorded a surplus of US$ 252 million during July-May fiscal year 2025-26 compared to a surplus of $ 1,618 million in the first eleven months of previous fiscal year. How Much Is Pakistan’s Current Account Surplus in 11MFY26? It Reached $255 Million - Pakistan’s External Current Account recorded a surplus of US$ 252 million during July-May fiscal year 2025-26 compared to a surplus of $ 1,618 million in the first eleven months of previous fiscal year. Pakistan’s External Current Account recorded a surplus of US$ 252 million during July-May fiscal year 2025-26 compared to a surplus of $ 1,618 million in the first eleven months of previous fiscal year. The State Bank of Pakistan, in the monthly summary of Balance of Payments released on Wednesday, reported that Current Account Balance for The overall trade deficit in both goods and services reached at $ 32,208 million in the first 11 months of FY26.
- [PSW wins prestigious Asia-Pacific Trade Facilitation Innovation Award 2026](https://businessplus.com.pk/psw-wins-prestigious-asia-pacific-trade-facilitation-innovation-award-2026/) - Pakistan Single Window (PSW) has been declared one of the three winners of the prestigious Asia-Pacific Trade Facilitation Innovation Awards 2026. PSW wins prestigious Asia-Pacific Trade Facilitation Innovation Award 2026 - PSW secured global recognition for the successful design, development, and implementation of the Integrated Risk Management System (IRMS). Pakistan Single Window (PSW) has been declared one of the three winners of the prestigious Asia-Pacific Trade Facilitation Innovation Awards 2026. The award was presented during Paperless Trade Week 2026 in Bangkok, an elite global forum jointly organized by the Asian Development Bank (ADB) and the United Nations ESCAP under the theme “Next Generation Trade The IRMS represents a transformative shift in how Pakistan manages border clearance. Instead of subjecting all inbound and outbound cargo to slow, manual inspections, the IRMS acts as an intelligent, automated engine, evaluating every trade declaration against predefined regulatory rules, risk-scoring models, and AI-driven analytics. It automatically assigns consignments to the appropriate clearance channels without human intervention.
- [SECP Chairman Reveals New Strategy to Grow Investor Base and Enhance Capital Markets](https://businessplus.com.pk/secp-chairman-reveals-new-strategy-to-grow-investor-base-and-enhance-capital-markets/) - The Chairman, Securities and Exchange Commission of Pakistan (SECP), Dr. Kabir Ahmed Sidhu, unveiled an ambitious reform agenda aimed at expanding Pakistan’s investor base, strengthening financial literacy, and accelerating the development of the country’s capital markets. SECP Chairman Reveals New Strategy to Grow Investor Base and Enhance Capital Markets - Dr. Kabir Ahmed Sidhu, addressing the ceremony during his first official visit to the Pakistan Stock Exchange (PSX), said that SECP was targeting a significant increase in the number of investors, with a long-term objective of expanding the investor base to 2.5 million investors. The Chairman, Securities and Exchange Commission of Pakistan (SECP), Dr. Kabir Ahmed Sidhu, unveiled an ambitious reform agenda aimed at expanding Pakistan’s investor base, strengthening financial literacy, and accelerating the development of the country’s capital markets. Dr. Kabir Ahmed Sidhu, addressing the ceremony during his first official visit to the Pakistan Stock Exchange (PSX), said Dr. Sidhu chaired a meeting of the PSX Board of Directors to discuss key initiatives for the future development of Pakistan’s capital markets, including the launch of Exchange Traded Funds (ETFs) linked to the Chinese and Saudi markets, measures to improve listings on the GEM Board, development of derivatives products, and enhancement of market surveillance systems.
- [State Bank Maintains 11.5% Policy Rate, Signals Continued Focus on Inflation Management](https://businessplus.com.pk/state-bank-maintains-11-5-policy-rate-signals-continued-focus-on-inflation-management/) - State Bank of Pakistan (SBP), Monday, maintained the policy rate at 11.5%, considering the current cautious monetary policy stance as appropriate to rein in the inflationary pressures. State Bank Maintains 11.5% Policy Rate, Signals Continued Focus on Inflation Management - The Monetary Policy Committee (MPC) decided to keep the policy rate unchanged, noting that the impact of the Middle East conflict started reflecting in recent economic indicators while global oil prices, despite some ease following the recent positive geopolitical developments, were still elevated as compared to pre-conflict levels. State Bank of Pakistan (SBP), On Monday, maintained the policy rate at 11.5%, considering the current cautious monetary policy stance as appropriate to rein in the inflationary pressures. The Monetary Policy Committee (MPC) decided to keep the policy rate unchanged, noting that the impact of the Middle East conflict started reflecting in recent economic indicators The MPC assessed that inflation may remain in double digits for the next few months, before gradually easing subsequently but geopolitical developments, the extent of pass-through of global prices to domestic fuel prices, magnitude of adjustments in power and gas tariffs, potential fiscal slippages, and uncertain food prices amidst weather-related challenges may affect the outlook.
- [PSX holds gong ceremony to mark successful listing of SLM](https://businessplus.com.pk/psx-holds-gong-ceremony-to-mark-successful-listing-of-slm/) - The Pakistan Stock Exchange, organized a special Gong Ceremony to commemorate the achievements of CPEC and the successful listing of Service Long March Tyres Limited on PSX that attracted strong investors’ response during book building and general public subscription phases. PSX holds gong ceremony to mark successful listing of SLM - The SLM IPO attracted over 35000 applications from a diverse range of institutional and individual investors across the Book Building and Retail segments- both oversubscribed- while the transaction raised Rs 7.78 billion. The Pakistan Stock Exchange, organized a special Gong Ceremony to commemorate the achievements of CPEC and the successful listing of Service Long March Tyres Limited on PSX that attracted strong investors’ response during book building and general public subscription phases. The SLM IPO attracted over 35000 applications from a diverse range of institutional and individual The offering comprised a total of 389.7 million ordinary shares with a floor price of Rs 14.25 per share but robust demand during the book building process took the strike price to Rs 19.95 per share. Consequently, the transaction size increased to Rs 7.78 billion from Rs 5.55 billion at the floor price.
- [PSW, NTC Link Up for Real-Time Trade Data Sharing](https://businessplus.com.pk/psw-ntc-link-up-for-real-time-trade-data-sharing/) - The automation and digitization initiative aims to enhance cooperation in data sharing, automation and digitization of NTC processes related to tariff and trade policy analysis, tariff rationalization, and reduction in dwell time for trade remedial measures, including anti-dumping duties, countervailing duties and safeguard measures. PSW, NTC Link Up for Real-Time Trade Data Sharing - The automation and digitization initiative aims to enhance cooperation in data sharing, automation and digitization of NTC processes related to tariff and trade policy analysis, tariff rationalization, and reduction in dwell time for trade remedial measures, including anti-dumping duties, countervailing duties and safeguard measures. Pursuant to the Prime Minister’s vision of transforming the National Tariff Commission (NTC) into a credible, robust and responsive organization through digitalization, an agreement-signing ceremony was held between the National Tariff Commission (NTC) and the Pakistan Single Window (PSW). The “Agreement for Automation and Digitization” of NTC’s processes was signed by Dr. Jawwad Uwais Agha, CEO of PSW said, “By integrating NTC’s critical tariff functions into the PSW digital landscape, we are creating stronger institutional linkages and fueling NTC’s transformation with real-time, shared trade data.”
- [Chinese Consortium to expand investment in Pakistan’s capital market](https://businessplus.com.pk/chinese-consortium-to-expand-investment-in-pakistans-capital-market/) - Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by the Securities and Exchange Commission of Pakistan (SECP), paving the way for increased investment and deeper cooperation between the two countries. Chinese Consortium to expand investment in Pakistan’s capital market - The consortium welcomed regulatory approvals that enabled it to increase its shareholding in the Central Depository Company (CDC) and the National Clearing Company of Pakistan Limited (NCCPL). Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by the Securities and Exchange Commission of Pakistan (SECP), paving the way for increased investment and deeper cooperation between the two countries. A delegation of the Chinese consortium, led by the China Financial Futures Exchange (CFFEX) and The delegation also announced plans to introduce advanced trading and settlement technologies, enhance market surveillance, support new financial products, improve liquidity, and contribute to investor education and capacity-building initiatives.
- [Pakistan’s Largest Automotive Investment with BYD’s $150 Million Assembly Plant Progresses Toward 2026 Launch](https://businessplus.com.pk/pakistans-largest-automotive-investment-with-byds-150-million-assembly-plant-progresses-toward-2026-launch/) - Mega Motor Company (MMC), the official partner of BYD in Pakistan, has undertaken one of the most significant investments in the country's automotive sector in recent years. Expected to be operational within 2026, the facility will have an annual production capacity of approximately 25,000 vehicles, supporting the growing demand for advanced mobility solutions in Pakistan. Pakistan’s Largest Automotive Investment with BYD’s $150 Million Assembly Plant Progresses Toward 2026 Launch - The facility will have an annual production capacity of approximately 25,000 vehicles, supporting the growing demand for advanced mobility solutions in Pakistan. Mega Motor Company (MMC), the official partner of BYD in Pakistan, has undertaken one of the most significant investments in the country's automotive sector in recent years. Expected to be operational within 2026, the facility will have an annual production capacity of approximately 25,000 vehicles, supporting the growing demand for advanced mobility solutions in Pakistan. MMC has also partnered with Hubco Green to develop Pakistan's first NEV charging corridor stretching from Karachi to Peshawar.
- [Apple supplier Foxconn begins iPhone 15 production in India](https://businessplus.com.pk/apple-supplier-foxconn-begins-iphone-15-production-in-india/) - APPLE’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China. A Foxconn Technology Group plant in Sriperumbudur is preparing to deliver the newest devices only weeks after they start shipping from factories in China, as the company
- [PTA enhances consumer facilitation through easy access to VAS information](https://businessplus.com.pk/pta-enhances-consumer-facilitation-through-easy-access-to-vas-information/) - The Pakistan Telecommunication Authority (PTA) has directed all Cellular Mobile Operators (CMOs) to provide consumers with easy access to information regarding their subscribed Value Added Services (VAS). PTA enhances consumer facilitation through easy access to VAS information - Subscribers can now view and deactivate unwanted VAS subscriptions through the following USSD codes: Jazz: *6611# Telenor: *4444# Zong: *6611# Ufone: *6869#. The Pakistan Telecommunication Authority (PTA) has directed all Cellular Mobile Operators (CMOs) to provide consumers with easy access to information regarding their subscribed Value Added Services (VAS). Subscribers can now view and deactivate unwanted VAS subscriptions through the following USSD codes: Jazz: *6611# Telenor: *4444# Zong: *6611# Ufone: *6869#. This initiative aimed to enhance transparency, This initiative aimed to enhance transparency, strengthen consumer rights, and help subscribers avoid unnecessary charges by regularly reviewing their active VAS subscriptions.
- [Pakistan Receives $38.1bn in Workers’ Remittances, Up 9.21% Year-on-Year](https://businessplus.com.pk/pakistan-receives-38-1bn-in-workers-remittances-up-9-21-year-on-year/) - Workers’ remittance inflows increased by 9.21 percent to US$38.1 billion during the first eleven months of fiscal year 2025–26, the State Bank of Pakistan (SBP) reported on Wednesday. Pakistan Receives $38.1bn in Workers’ Remittances, Up 9.21% Year-on-Year - Remittances during May 2026 were mainly sourced from Saudi Arabia (US$ 1,025 million), United Arab Emirates (US$ 1006.6 million), United Kingdom (US$ 645.5 million) and United States of America (US$ 349.8 million). Workers’ remittance inflows increased by 9.21 percent to US$38.1 billion during the first eleven months of fiscal year 2025–26, the State Bank of Pakistan (SBP) reported on Wednesday. The country received inflows of US$38.109 billion during July–May 2025–26, compared to US$34.892 billion during the same period of FY 2024–25, reflecting growth of 9.21 percent. Remittances On a month-on-month basis, workers’ remittances went up by 20.18 percent in May 2026 compared to US$3.537 billion recorded in April 2026.
- [SBP Conducts National Survey on Digital Payment Services in Pakistan](https://businessplus.com.pk/sbp-conducts-national-survey-on-digital-payment-services-in-pakistan/) - The State Bank of Pakistan (SBP) has launched a nationwide Survey on “User Experience of Digital Payment Services” to obtain direct feedback from such users across Pakistan. SBP Conducts National Survey on Digital Payment Services in Pakistan - Through this survey, SBP aims to gather insights on usage patterns, service quality, ease of use, transaction reliability, complaint handling, fraud concerns and overall customer experience. The State Bank of Pakistan (SBP) has launched a nationwide Survey on “User Experience of DigitalPayment Services” to obtain direct feedback from such users across Pakistan. SBP has undertaken wide-ranging policy, regulatory and digital payments infrastructuredevelopment initiatives to promote safe, reliable, efficient and inclusive digital payments ecosystem inthe country. These efforts have supported the rapid The findings of the survey will help SBP identify areas for further improvement in the safety, convenience, accessibility, and reliability of digital payment services in Pakistan.
- [Ignite and Mobilink Bank Partner to Establish National Incubation Center Sialkot](https://businessplus.com.pk/ignite-and-mobilink-bank-partner-to-establish-national-incubation-center-sialkot/) - Ignite, operating under the Ministry of IT and Telecom (MoITT), has signed an agreement with the Mobilink Bank led consortium which includes CyberVision International, to establish and operate the National Incubation Center (NIC) Sialkot Ignite and Mobilink Bank Partner to Establish National Incubation Center Sialkot - The partnership aims to create a dedicated platform for technology driven startups and innovative ventures in Sialkot, one of Pakistan’s leading industrial and export hubs. Ignite, operating under the Ministry of IT and Telecom (MoITT), has signed an agreement with the Mobilink Bank led consortium which includes CyberVision International, to establish and operate the National Incubation Center (NIC) Sialkot, further strengthening Pakistan’s innovation and entrepreneurship ecosystem. The partnership aims to create a dedicated platform for technology driven startups and innovative The center will also encourage innovation in high growth areas such as Artificial Intelligence, Industry 4.0, advanced manufacturing, smart supply chains, health technologies, and digital commerce.
- [PSX Today Plunges: KSE-100 Records 1,525-Point Drop on Investor Panic](https://businessplus.com.pk/psx-today-plunges-kse-100-records-1525-point-drop-on-investor-panic/) - The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 1,525.24 points, a negative change of 0.89 percent, closing at 168,953.71 points against 170,478.94 points on the last trading day. PSX Today Plunges: KSE-100 Records 1,525-Point Drop on Investor Panic - During the session, the ready market recorded a trading volume of 657.971 million shares with a traded value of Rs 22.594 billion, compared to 727.167 million shares valuing Rs 26.753 billion in the previous session. The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 1,525.24 points, a negative change of 0.89 percent, closing at 168,953.71 points against 170,478.94 points on the last trading day. During the session, the ready market recorded a trading volume of 657.971 million shares with a traded value of The market capitalization declined to Rs 18.750 trillion from Rs 18.928 trillion a day earlier.
- [National Savings secures Rs1.32 trillion, almost meets FY 2025-26 target](https://businessplus.com.pk/national-savings-secures-rs1-32-trillion-almost-meets-fy-2025-26-target/) - The Central Directorate of National Savings (CDNS) has mobilized Rs1.32 trillion in investments during the first eleven months of fiscal year 2025-26 National Savings secures Rs1.32 trillion, almost meets FY 2025-26 target - CDNS collected Rs1.32 trillion from July 1, 2025 to June 5, 2026. The Central Directorate of National Savings (CDNS) has mobilized Rs1.32 trillion in investments during the first eleven months of fiscal year 2025-26, achieving about 97.1 percent of its annual savings target and reflecting strong public confidence in government-backed savings schemes. CDNS collected Rs1.32 trillion from July 1, 2025 to June 5, 2026, against its annual CDNS has allocated Rs50 billion for Islamic savings instruments during FY2025-26.
- [DIB Pakistan’s New Brand Identity, Signals the Next Phase of Purpose-Driven Growth](https://businessplus.com.pk/dib-pakistans-new-brand-identity-signals-the-next-phase-of-purpose-driven-growth/) - The new logo combines a distinctive DIB wordmark with the “Globus” symbol, bringing to life a modern vision of global Islamic banking. DIB Pakistan’s New Brand Identity, Signals the Next Phase of Purpose-Driven Growth - The new logo combines a distinctive DIB wordmark with the “Globus” symbol, bringing to life a modern vision of global Islamic banking. The DIB Pakistan’s new identity signals the next phase of purpose-driven, ethical banking in Pakistan DIB Pakistan unveiled its new global brand identity across many branch locations nationwide, marking two decades of service in Pakistan, embracing a bold, purpose-driven new chapter. The transformation reflects the Bank’s commitment to carrying forward the legacy of DIB (UAE), Muhammad Ali Gulfaraz, Chief Executive Officer, DIB Pakistan, expressed his enthusiasm for the rebranding, stating, “The rebranding is anchored in our belief that Progress Never Stops. It is a purposeful expression of growth, resilience, and forward momentum, reflecting the broader significance of DIB Pakistan’s renewed strategic direction.
- [LUMS Conference Explores the Enduring Legacy of the Mughal World](https://businessplus.com.pk/lums-conference-explores-the-enduring-legacy-of-the-mughal-world/) - Through a series of academic panels and discussions, participants engaged with themes including political thought, literary traditions, visual culture, architecture, law, regional histories, and material heritage. LUMS Conference Explores the Enduring Legacy of the Mughal World - The conference highlighted the Mughal era not merely as a historical period but as a living intellectual and cultural legacy that continues to inform present-day debates on pluralism, sovereignty, and collective memory. The Gurmani Centre for Languages and Literature at LUMS hosted its Annual Conference 2026, titled “The Mughals: Their Past, Our Present,” bringing together leading scholars, researchers, artists, and practitioners to examine the continuing influence of the Mughal legacy on contemporary South Asia. Marking nearly five centuries of Mughal history, the two-day conference explored how the Marking nearly five centuries of Mughal history, the two-day conference explored how the Mughal past continues to shape modern discussions on culture, identity, governance, language, and artistic expression.
- [PIDE suggests launching of ‘National Savings Drive’ to strengthen economic resilience](https://businessplus.com.pk/pide-suggests-launching-of-national-savings-drive-to-strengthen-economic-resilience/) - The study revealed that Pakistan’s gross domestic savings stood at 6.4 percent of GDP in 2024, compared with 17.4 per cent in 1992, stressing the need for measures to encourage household and institutional savings. PIDE suggests launching of ‘National Savings Drive’ to strengthen economic resilience - The study revealed that Pakistan’s gross domestic savings stood at 6.4 percent of GDP in 2024, compared with 17.4 per cent in 1992, stressing the need for measures to encourage household and institutional savings. The Pakistan Institute of Development Economics (PIDE) on Sunday suggested launching a targeted ‘National Savings Drive’ through the upcoming Finance Bill 2026-27 aimed at strengthening domestic resource mobilization and enhancing the country’s economic resilience. Authored by PIDE, Professor of Economics Dr S. M. Naeem Nawaz and Research Economist Wajid Islam, the policy viewpoint titled “Mobilizing Key recommendations include restoring and redesigning savings-related tax incentives, introducing a capped tax credit for approved long-term savings instruments under a revised Section 62 of the Income Tax Ordinance, and strengthening voluntary pension incentives under Section 63, particularly for first-time contributors, women, self-employed individuals and workers in the informal sector.
- [PTA extends SIM activation safeguard period to one year amid crackdown on misuse](https://businessplus.com.pk/pta-extends-sim-activation-safeguard-period-to-one-year-amid-crackdown-on-misuse/) - The Pakistan Telecommunication Authority (PTA) revised its SIM activation and deactivation policy,extending the restriction period for newly issued SIMs from 60 days to 365 days. PTA extends SIM activation safeguard period to one year amid crackdown on misuse - The Pakistan Telecommunication Authority (PTA) revised its SIM activation and deactivation policy,extending the restriction period for newly issued SIMs from 60 days to 365 days. The Pakistan Telecommunication Authority (PTA) revised its SIM activation and deactivation policy, extending the restriction period for newly issued SIMs from 60 days to 365 days, in a move aimed at curbing identity misuse and illegal SIM issuance. According to officials, the change has been introduced to strengthen regulatory oversight and prevent unauthorized registration and The development came after social media posts went viral claiming that under the revised framework, a newly activated SIM cannot be deactivated or transferred to another individual for one year.
- [Pakistan Total Liquid Foreign Reserves Stable at $22.64 Billion](https://businessplus.com.pk/pakistan-total-liquid-foreign-reserves-stable-at-22-64-billion/) - The total liquid foreign reserves of Pakistan stood at US$ 22,636 million as of May 29, 2026 while reserves held by the State Bank of Pakistan rose to $ 17,190.4 million. Pakistan Total Liquid Foreign Reserves Stable at $22.64 Billion - “During the week ended on 29-May-2026, SBP’s FX reserves increased by US$ 43 million to US$ 17,190.4 million,” the central bank reported on in its weekly statement on the position of liquid foreign reserves. The total liquid foreign reserves of Pakistan stood at US$ 22,636 million as of May 29, 2026 while reserves held by the State Bank of Pakistan rose to $ 17,190.4 million. “During the week ended on 29-May-2026, SBP’s FX reserves increased by US$ 43 million to US$ 17,190.4 million,” the central bank reported on in State Bank of Pakistan held foreign exchange reserves of $ 17,147 million while the other $ 5499.5 million were held by the commercial banks.
- [BYD Pakistan Explores Sindh’s Living Heritage in “Time Machine,” the Third Episode of The Great Pakistan Adventure](https://businessplus.com.pk/byd-pakistan-explores-sindhs-living-heritage-in-time-machine-the-third-episode-of-the-great-pakistan-adventure/) - BYD Pakistan has released Time Machine, the third episode of The Great Pakistan Adventure, a travel and storytelling series exploring Pakistan’s landscapes, communities, and cultural heritage through immersive journeys across the country featuring the BYD Shark 6. BYD Pakistan Explores Sindh’s Living Heritage in “Time Machine,” the Third Episode of The Great Pakistan Adventure - Led by creator and storyteller Maryam Raja, the latest episode journeys through Sukkur, the Indus River, and Gorakh Hill to uncover a side of Sindh where history, nature, and tradition continue to shape everyday life. BYD Pakistan has released Time Machine, the third episode of The Great Pakistan Adventure, a travel and storytelling series exploring Pakistan’s landscapes, communities, and cultural heritage through immersive journeys across the country featuring the BYD Shark 6. Led by creator and storyteller Maryam Raja, the latest episode journeys through Sukkur, the Indus River, and Gorakh Throughout the expedition, the BYD Shark 6 navigates riverbanks, sandy terrain, and elevated routes often difficult to access.
- [PKR 7.1 Bln Social Impact Financing Facility linked to uplift critical Agri-storage infrastructure launched by InfraZamin, BoP, Faysal Bank & PBICL](https://businessplus.com.pk/pkr-7-1-bln-social-impact-financing-facility-linked-to-uplift-critical-agri-storage-infrastructure-launched-by-infrazamin-bop-faysal-bank-pbicl/) - PKR 7.1 Bln Social Impact Financing Facility linked to uplift critical Agri-storage infrastructure launched by InfraZamin, BoP, Faysal Bank & PBICL PKR 7.1 Bln Social Impact Financing Facility linked to uplift critical Agri-storage infrastructure launched by InfraZamin, BoP, Faysal Bank & PBICL - The facility is supported by a PKR 2.5bn 50% principal credit guarantee coverage from InfraZamin. InfraZamin Pakistan (IZP) is honored to announce the launch of its Agri-Storage Portfolio Financing Facility, a flagship initiative emerging from the design deliberations of the Social Impact Financing Committee chaired by the Honorable Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb and the Ministry of Finance led Task Force. The facility is aimed at This is initially being pioneered in partnership with leading financial institutions - Pak Brunei Investment Company Limited (PBICL), Faysal Bank and Bank of Punjab who will offer the facility to their corporate and SME customers.
- [BYD Tops CAM Global Automotive Innovation Ranking in Historic First](https://businessplus.com.pk/byd-tops-cam-global-automotive-innovation-ranking-in-historic-first/) - BYD, world’s no. 1 NEV brand has topped the global automotive innovation ranking in the Automotive INNOVATIONS Report 2026 released by the Germany-based Center of Automotive Management. BYD Tops CAM Global Automotive Innovation Ranking in Historic First - BYD ranked first with 157 points, ahead of last year’s champion Volkswagen with 143 points. Mercedes-Benz ranked third with 134 points. BYD, world’s no. 1 NEV brand has topped the global automotive innovation ranking in the Automotive INNOVATIONS Report 2026 released by the Germany-based Center of Automotive Management (CAM), marking a new milestone for the Chinese automaker. According to the report, BYD ranked first with 157 points, ahead of last year’s champion Volkswagen with 143 points. Since CAM launched its Automotive INNOVATIONS study in 2005, this is the first time a Chinese automaker has claimed the top spot in the global ranking.
- [LUMS Commemorates 75 Years of Pakistan-China Diplomatic Relations](https://businessplus.com.pk/lums-commemorates-75-years-of-pakistan-china-diplomatic-relations/) - Lahore University of Management Sciences (LUMS), convened a high-profile commemorative gathering highlighting the enduring strength and evolving nature of Pakistan-China relations. LUMS Commemorates 75 Years of Pakistan-China Diplomatic Relations - Lahore University of Management Sciences (LUMS), convened a high-profile commemorative gathering highlighting the enduring strength and evolving nature of Pakistan-China relations. Marking the 75th anniversary of diplomatic relations between Pakistan and the People’s Republic of China, the Parvez Hassan Centre for Chinese Legal Studies at the Shaikh Ahmad Hassan School of Law (SAHSOL), Lahore University of Management Sciences (LUMS), convened a high-profile commemorative gathering highlighting the enduring strength and evolving nature of Pakistan-China relations. The event Pakistan-China partnership, which has grown over decades into a comprehensive relationship anchored in strategic cooperation, shared regional interests, and enduring people-to-people ties. At a time of significant global transition, the event emphasised the importance of sustained diplomatic engagement and the role of academic institutions in fostering informed dialogue, legal understanding, and cross-border collaboration.
- [SBP Launches NPCs in SAR & AED, Raises PKR Yields](https://businessplus.com.pk/sbp-launches-npcs-in-sar-aed-raises-pkr-yields/) - The State Bank of Pakistan, expanding the availability of Conventional Naya Pakistan Certificates (NPCs) to Saudi Arabian Riyal (SAR) and UAE Dirham (AED) SBP Launches NPCs in SAR & AED, Raises PKR Yields - The rate of PKR-denominated certificates, which was already offering the highest returns, has been revised upward, as 11.75% for a 3-month term, 12% for 6-month, 12.25% for 12-month, 12.50% for 3-year and 12.75% for a 5-year term, effective June 1, 2026. The State Bank of Pakistan, expanding the availability of Conventional Naya Pakistan Certificates (NPCs) to Saudi Arabian Riyal (SAR) and UAE Dirham (AED), on Monday issued updated rates of return for NPCs. The rate of PKR-denominated certificates, which was already offering the highest returns, has been revised upward, as 11.75% for a 3-month term, 12% The rate of return for the newly added SAR and AED certificates start at 6.50% for 3 months, going up to 7.50% for a 5-year term.
- [Desert Atlas: Beyond the Dunes of Cholistan](https://businessplus.com.pk/desert-atlas-beyond-the-dunes-of-cholistan/) - There are places in Pakistan where the landscape feels endless, where survival depends on resilience, and where stories go back in time just as the sands that make up the place. In these parts of the country, the desert does not simply shape the land, it shapes the people who learn to live within it. The second episode of The Great Pakistan Adventure - Desert Atlas, powered by BYD, journeys deep into the heart of Cholistan, uncovering a side of Pakistan rarely explored with such depth and emotion. Desert Atlas: Beyond the Dunes of Cholistan - The second episode of The Great Pakistan Adventure - Desert Atlas, powered by BYD, journeys deep into the heart of Cholistan, uncovering a side of Pakistan rarely explored with such depth and emotion. The second episode of The Great Pakistan Adventure explores Cholistan’s forgotten stories of resilience, revival, and survival. There are places in Pakistan where the landscape feels endless, where survival depends on resilience, and where stories go back in time just as the sands that make up the place. In these parts of the country, the Throughout the episode, the BYD Shark 6 is tested across Cholistan’s unforgiving terrain, with its dedicated sand mode allowing the vehicle to maintain traction and stability across constantly shifting dunes and soft desert surfaces. As day turns to night, its powerful headlights cut through the darkness of Cholistan’s vast and isolated landscapes, while the pickup itself becomes an extension of the journey, enabling access to places far beyond conventional routes.
- [BYD Pakistan comes to Sialkot to showcase its NEV range](https://businessplus.com.pk/byd-pakistan-comes-to-sialkot-to-showcase-its-nev-range/) - BYD, the world’s No. 1 New Energy Vehicle (NEV) brand, continued its nationwide outreach aimed at introducing its New Energy Vehicle (NEV) portfolio as well as accelerating adoption of electric mobility through the city’s dynamic and globally connected consumer base. The on-ground activation is happening near Heaven Hawks Golf Club, Sialkot Cantt, and will end on 31st May, 2026. BYD Pakistan comes to Sialkot to showcase its NEV range - The showcase featured the BYD Atto 2, BYD Atto 3, and the BYD Shark 6, Pakistan’s most powerful PHEV pickup, with each model designed to cater to distinct lifestyles, driving preferences, and mobility needs. BYD, the world’s No. 1 New Energy Vehicle (NEV) brand, continued its nationwide outreach aimed at introducing its New Energy Vehicle (NEV) portfolio as well as accelerating adoption of electric mobility through the city’s dynamic and globally connected consumer base. The on-ground activation is happening near Heaven Hawks Golf Club, Sialkot Cantt, and will end The experience provided consumers with an opportunity to engage closely with BYD’s globally recognised NEV lineup through immersive product walkthroughs and expert-led interactions tailored to address key questions surrounding NEV technology, performance, and ownership.
- [Spotify’s 2026 Investor Day Recap: Raising Ambition for the Next Era of Media](https://businessplus.com.pk/spotifys-2026-investor-day-recap-raising-ambition-for-the-next-era-of-media/) - Today, Spotify hosted its third Investor Day in New York City, offering the financial community a deeper look at its business, product strategy, and long-term vision during a year that also marks its 20th anniversary. Spotify’s 2026 Investor Day Recap: Raising Ambition for the Next Era of Media - Spotify’s Co-CEOs opened the day by marking Spotify’s 20th anniversary and highlighting the scale the company has built across 184 markets and 761 million active users. The platform now has nearly 300 million subscribers, making Spotify one of the largest subscription businesses in the world. Today, Spotify hosted its third Investor Day in New York City, offering the financial community a deeper look at its business, product strategy, and long-term vision during a year that also marks its 20th anniversary. The event featured presentations from co-CEOs Alex Norström and Gustav Söderström, leading their first Investor Day since taking the helm Spotify consistently ranks among the most valuable time people spend online because it is not focused on maximizing engagement at any cost, but on building a durable platform that users feel good about.
- [PTCL and Mercantile Pakistan Announce Strategic Partnership for the Promotion of Apple MacBook Neo](https://businessplus.com.pk/ptcl-and-mercantile-pakistan-announce-strategic-partnership-for-the-promotion-of-apple-macbook-neo/) - Pakistan Telecommunication Company Limited (PTCL), Pakistan’s leading integrated information and communication technology (ICT) company, has entered a strategic partnership with Mercantile Pakistan, the authorised distributor & service provider of Apple products in Pakistan. PTCL and Mercantile Pakistan Announce Strategic Partnership for the Promotion of Apple MacBook Neo - PTCL will facilitate customer access to Apple MacBook Neo through its established digital channels: Flash Fiber Website, and dedicated support helpline.
- [LUMS Honoured at THE Awards Asia 2026 for Outstanding Support for Students](https://businessplus.com.pk/lums-honoured-at-the-awards-asia-2026-for-outstanding-support-for-students/) - The Lahore University of Management Sciences (LUMS) has won the Times Higher Education (THE) Awards Asia 2026 in the category of Outstanding Support for Students, recognising the University’s long-standing commitment to expanding access to higher education for talented students across Pakistan. LUMS Honoured at THE Awards Asia 2026 for Outstanding Support for Students - Through the programme, outreach teams at LUMS engage students, teachers, and families in geographically remote and economically under-resourced communities across Pakistan, encouraging high-potential students to pursue higher education opportunities that may otherwise seem beyond reach. The Lahore University of Management Sciences (LUMS) has won the Times Higher Education (THE) Awards Asia 2026 in the category of Outstanding Support for Students, recognising the University’s long-standing commitment to expanding access to higher education for talented students across Pakistan. The award acknowledges LUMS’ mission to address structural inequalities in access to opportunity and This includes peer and faculty mentoring, academic advising, tutoring, counselling, wellbeing support, career readiness programmes, alumni mentorship, and community-building initiatives designed to help students thrive both inside and outside the classroom.
- [LUMS and Aga Khan University Sign MoU to Strengthen Joint Research and Academic Collaboration](https://businessplus.com.pk/lums-and-aga-khan-university-sign-mou-to-strengthen-joint-research-and-academic-collaboration/) - The Lahore University of Management Sciences (LUMS) and the Aga Khan University (AKU), two of Pakistan’s leading universities, have signed a Memorandum of Understanding (MoU) to collaborate on joint research, innovation, and education initiatives focused on key development challenges. LUMS and Aga Khan University Sign MoU to Strengthen Joint Research and Academic Collaboration - The collaboration will directly address critical issues related to health and public health, climate change and environment, education, sustainability, and inclusive development. The Lahore University of Management Sciences (LUMS) and the Aga Khan University (AKU), two of Pakistan’s leading universities, have signed a Memorandum of Understanding (MoU) to collaborate on joint research, innovation, and education initiatives focused on key development challenges. The interdisciplinary partnership brings together the complementary strengths of the two institutions to co-develop solutions that Through this partnership, AKU’s leadership in health sciences, medicine, public health, and implementation research will be combined with LUMS’ strengths in innovation and technology, data science, social and behavioural sciences, humanities, public policy, economics, and governance.
- [PTCL & Ufone achieve PCI DSS v4.0.1 certification, strengthening secure payment card data handling](https://businessplus.com.pk/ptcl-ufone-achieve-pci-dss-v4-0-1-certification-strengthening-secure-payment-card-data-handling/) - Pakistan’s leading telecom and digital services providers, PTCL & Ufone, have successfully achieved PCI DSS v4.0.1 certification for 2026, strengthening their secure payment card data handling capabilities and alignment with international cybersecurity standards. PTCL & Ufone achieve PCI DSS v4.0.1 certification, strengthening secure payment card data handling - The certification validates the implementation of robust security controls designed to reduce risks related to data breaches, fraud, and unauthorized access. Pakistan’s leading telecom and digital services providers, PTCL & Ufone, have successfully achieved PCI DSS v4.0.1 certification for 2026, strengthening their secure payment card data handling capabilities and alignment with international cybersecurity standards. The certification was awarded by Risk Associates, a globally recognized PCI Qualified Security Assessor (QSA), following an independent assessment of PTCL & PTCL & Ufone, Jafar Khalid said: Achieving PCI DSS v4.0.1 certification reflects our continued focus on aligning with global security standards and protecting sensitive customer information.
- [Mobilink Bank Partners with Legal Aid Society to Advance Women’s Inheritance Rights and Climate Resilience in Pakistan](https://businessplus.com.pk/mobilink-bank-partners-with-legal-aid-society-to-advance-womens-inheritance-rights-and-climate-resilience-in-pakistan/) - Pakistan’s leading digital microfinance bank, Mobilink Bank, has partnered with Legal Aid Society under its Corporate Social Responsibility (CSR) initiatives to help women secure their inheritance rights through legal assistance, community outreach, and awareness-building efforts. Mobilink Bank Partners with Legal Aid Society to Advance Women’s Inheritance Rights and Climate Resilience in Pakistan - Through this strategic collaboration, Mobilink Bank will financially support legal cases for women, including climate-affected inheritance disputes resulting from displacement, loss of documentation, and disaster-related exclusion, alongside non-climate cases involving denial or coerced relinquishment of inheritance rights. Pakistan’s leading digital microfinance bank, Mobilink Bank, has partnered with Legal Aid Society under its Corporate Social Responsibility (CSR) initiatives to help women secure their inheritance rights through legal assistance, community outreach, and awareness-building efforts. The initiative builds on Mobilink Bank’s flagship inheritance rights campaign, The Invisible Heirs, which aims to raise awareness around the Haaris Mahmood Chaudhary, President and CEO of Mobilink Bank⁠ said: “True financial empowerment requires a holistic ecosystem that goes beyond access to banking. It begins with ensuring women have access to their rightful assets, opportunities, and financial agency. Through our partnership with Legal Aid Society, we aim to help women secure what is rightfully theirs and support their journey towards greater economic resilience and long-term empowerment.”
- [Bangladeshi University Leaders Visit LUMS to Strengthen Regional Academic Linkages](https://businessplus.com.pk/bangladeshi-university-leaders-visit-lums-to-strengthen-regional-academic-linkages/) - A high-level delegation of academic leaders from Bangladesh visited LUMS to explore opportunities for deeper regional collaboration in higher education, research, and academic exchange. Bangladeshi University Leaders Visit LUMS to Strengthen Regional Academic Linkages - The visit builds on LUMS’ growing academic ties in the country, including its participation in HEC Expos held in Dhaka, Barishal, Rajshahi, Sylhet and Chittagong; a recently signed MoU with North South University; and ongoing collaboration with the University of Chittagong. A high-level delegation of academic leaders from Bangladesh visited LUMS to explore opportunities for deeper regional collaboration in higher education, research, and academic exchange. Led by Prof. Dr. Mamun Ahmed, Chairman, University Grants Commission (UGC) Bangladesh, and facilitated by the Higher Education Commission (HEC), Pakistan, the visit brought together Vice Chancellors from leading public and LUMS Vice Chancellor Dr. Ali Cheema, Provost, Dr. Tariq Jadoon, deans, and faculty, discussions focused on the importance of deepening academic linkages by building on shared histories while learning from distinct national contexts. Participants explored opportunities to advance these objectives through research collaboration, student and faculty exchange, executive education, legal education, and joint academic initiatives.
- [FBR offices across Pakistan open on weekend for tax collection](https://businessplus.com.pk/fbr-offices-across-pakistan-open-on-weekend-for-tax-collection/) - The Federal Board of Revenue's (FBR) all its field formations across the country will remain open on Saturday and Sunday, May 23 and 24, 2026, for collection of duties and taxes. FBR offices across Pakistan open on weekend for tax collection - All Large Taxpayers’ Offices (LTOs), Medium Taxpayers’ Offices (MTOs), Corporate Tax Offices (CTOs) and Regional Tax Offices (RTOs) will observe the two days as normal working days.
- [AIIB keen to expand private sector investment in Pakistan](https://businessplus.com.pk/aiib-keen-to-expand-private-sector-investment-in-pakistan/) - The Asian Infrastructure Investment Bank (AIIB) here on Tuesday reaffirmed it’s commitment to deepening cooperation with Pakistan, expressing keen interest in expanding operations beyond sovereign financing through non-sovereign interventions aimed at strengthening private sector engagement and widening the scope of development cooperation in the country. The reaffirmation was made by AIIB President, Ms. Zou Jiayi AIIB keen to expand private sector investment in Pakistan - Ahad Cheema acknowledged AIIB’s ongoing portfolio of US$1.387 billion in Pakistan. The Asian Infrastructure Investment Bank (AIIB) here on Tuesday reaffirmed it’s commitment to deepening cooperation with Pakistan, expressing keen interest in expanding operations beyond sovereign financing through non-sovereign interventions aimed at strengthening private sector engagement and widening the scope of development cooperation in the country. The reaffirmation was made by AIIB President, Ms. Zou Jiayi He emphasized the importance of aligning AIIB’s engagement with Pakistan’s infrastructure priorities, citing transformative projects such as the Main Line-1 Railway Project (ML-1), N-5 National Highway Phase-II , and the modernization of electricity transmission and distribution systems.
- [Textile export growth in Pakistan reached 1% in the past ten months](https://businessplus.com.pk/textile-export-growth-in-pakistan-reached-1-in-the-past-ten-months/) - The textile exports from the country were recorded at US $15.025 billion during July-April (2025-26). Textile export growth in Pakistan reached 1% in the past ten months - The textile exports from the country were recorded at US $15.025 billion during July-April (2025-26). Textile exports witnessed an increase of 1.29 per cent during the first ten months of the current financial year (2025-26) as compared to the same months of last year, Pakistan Bureau of Statistics (PBS) reported. The textile exports from the country were recorded at US $15.025 billion during July-April (2025-26) against the exports of US The textile commodities that contributed to trade growth included bed-wear, the exports of which grew by 1.85 percent to $2,617 million from $2,569 million, while knitwear exports increased by 0.2 percent to $1,167 million from $4,118 million.
- [SECP Accelerates Digital Finance — Licenses Issued, Backlog Reduced](https://businessplus.com.pk/secp-accelerates-digital-finance-licenses-issued-backlog-reduced/) - The Securities and Exchange Commission of Pakistan (SECP) has taken major steps to promote innovation and digital transformation in Pakistan’s financial sector by issuing the country’s first Shariah-compliant digital general takaful operator license to First Digital Takaful Company Limited and the first Digital Investment Advisory Services license to Wealthbridge Management Limited. The SECP also licensed SECP Accelerates Digital Finance — Licenses Issued, Backlog Reduced - SECP issuing the country’s first Shariah-compliant digital general takaful operator license to First Digital Takaful Company Limited and the first Digital Investment Advisory Services license to Wealthbridge Management Limited. The Securities and Exchange Commission of Pakistan (SECP) has taken major steps to promote innovation and digital transformation in Pakistan’s financial sector by issuing the country’s first Shariah-compliant digital general takaful operator license to First Digital Takaful Company Limited and the first Digital Investment Advisory Services license to Wealthbridge Management Limited. The SECP also licensed The Commission had 729 outstanding licensing applications, while another 414 fresh applications were received during the period, taking the total caseload to 1,143 applications.
- [Murtaza Qizilbash Brings Lahore’s Stories to the Forefront as Spotify RADAR Pakistan Artist for Q2 2026](https://businessplus.com.pk/murtaza-qizilbash-brings-lahores-stories-to-the-forefront-as-spotify-radar-pakistan-artist-for-q2-2026/) - Spotify continues to spotlight Pakistan’s most compelling emerging voices through RADAR Pakistan, with Lahore-born Murtaza Qizilbash taking center stage as the platform’s featured artist for Q2 2026. Murtaza Qizilbash Brings Lahore’s Stories to the Forefront as Spotify RADAR Pakistan Artist for Q2 2026 - His rapid rise is already resonating at scale, with listenership surging by over 130% and streams growing by 160% since the beginning of April, signaling a rapidly growing connection with audiences both in Pakistan and beyond. Spotify continues to spotlight Pakistan’s most compelling emerging voices through RADAR Pakistan, with Lahore-born Murtaza Qizilbash taking center stage as the platform’s featured artist for Q2 2026. As one of the rising voices shaping Pakistan’s evolving music landscape, Qizilbash represents a new wave of artists blending heritage with a distinctly modern sound. “His rapid rise Tracks like “Hum” and “Bhool” are gaining strong momentum, with streams increasing by 130% and over 80% respectively since the beginning of April.
- [SECP Reports 21% Growth in Company Registrations, Foreign Investment Surges](https://businessplus.com.pk/secp-reports-21-growth-in-company-registrations-foreign-investment-surges/) - The Securities and Exchange Commission of Pakistan has reported strong growth in company registrations, foreign investment, digitalization, and compliance during February-April 2026, following reforms introduced by the new management. SECP Reports 21% Growth in Company Registrations, Foreign Investment Surges - The SECP registered 10,511 new companies from February to April 2026 The Securities and Exchange Commission of Pakistan has reported strong growth in company registrations, foreign investment, digitalization, and compliance during February-April 2026, following reforms introduced by the new management. As part of efforts to modernize Pakistan’s corporate sector, the SECP focused on faster disposal of incorporation and licensing applications, improving guidance for companies on regulatory investors from more than 22 countries registered companies in Pakistan during the period.
- [Historic Decision to Lift Ban on Converting Residential Plots into Commercial Category in Karachi, Says Kaukab Iqbal](https://businessplus.com.pk/historic-decision-to-lift-ban-on-converting-residential-plots-into-commercial-category-in-karachi-says-kaukab-iqbal/) - Kaukab Iqbal, Chairman of the Consumers Association of Pakistan, while talking to the media at CAP Head Office, welcomed the decision of the Federal Constitutional Court to lift the ban on converting residential plots into commercial category in Karachi. Historic Decision to Lift Ban on Converting Residential Plots into Commercial Category in Karachi, Says Kaukab Iqbal - He termed it a landmark and historic decision for the development of Karachi city, promotion of business activities, and the real estate sector. Kaukab Iqbal Calls for Strict Regulations Based on Dubai Property Law Model Kaukab Iqbal, Chairman of the Consumers Association of Pakistan, while talking to the media at CAP Head Office, welcomed the decision of the Federal Constitutional Court to lift the ban on converting residential plots into commercial category in Karachi. He termed it a He added that builders must be required to deposit a security amount with the government before launching any project, so that in case of delay, non-completion, or extra charges from buyers, the affected consumers can be compensated through the government mechanism.
- [Pakistan’s First AI-Health Convening Highlights Gaps in Digital Healthcare Infrastructure](https://businessplus.com.pk/pakistans-first-ai-health-convening-highlights-gaps-in-digital-healthcare-infrastructure/) - Pakistan’s growing interest in artificial intelligence-driven healthcare came into focus on Friday as researchers, clinicians, policymakers, startup founders and public health experts gathered for the country’s first national convening focused on AI and health. Pakistan’s First AI-Health Convening Highlights Gaps in Digital Healthcare Infrastructure - Organised under the National AI Hub by Lahore University of Management Sciences, the event brought together stakeholders from government, academia, hospitals and industry to discuss how AI can help address Pakistan’s healthcare challenges while identifying barriers preventing innovation from scaling nationally. Pakistan’s growing interest in artificial intelligence-driven healthcare came into focus on Friday as researchers, clinicians, policymakers, startup founders and public health experts gathered for the country’s first national convening focused on AI and health. Organized under the National AI Hub by Lahore University of Management Sciences, the event brought together stakeholders from government, academia, hospitals Mr. Shahid Hussain, Rector of Lahore University of Management Sciences and CEO of Services Group, stressed that meaningful progress in AI-powered healthcare would require collaboration between technologists, medical practitioners, policymakers and researchers.
- [Pakistan makes historic debut in China’s Capital markets with first-ever,”Panda Bond”](https://businessplus.com.pk/pakistan-makes-historic-debut-in-chinas-capital-markets-with-first-everpanda-bond/) - The RMB1.75 billion (approximately $250 million) issuance received an overwhelming response from investors. Pakistan makes historic debut in China’s Capital markets with first-ever,”Panda Bond” - The RMB1.75 billion (approximately $250 million) issuance received an overwhelming response from investors. Pakistan has achieved a major financial milestone with the successful launch of its inaugural Panda Bond in China’s onshore capital market ,marking the country’s first entry into the world’s second-largest and deepest bond market. The RMB1.75 billion (approximately $250 million) issuance received an overwhelming response from investors, attracting bids worth more than RMB 8.8 billion Pakistan has achieved a major financial milestone with the successful launch of its inaugural Panda Bond in China’s onshore capital market ,marking the country’s first entry into the world’s second-largest and deepest bond market.
- [Mobilink Bank Launches BiBi app; Advances Women’s Digital Inclusion and Social Impact](https://businessplus.com.pk/mobilink-bank-launches-bibi-app-advances-womens-digital-inclusion-and-social-impact/) - Pakistan’s leading digital microfinance Bank, Mobilink Bank, has launched the “Bibi App,” a breast cancer awareness mobile application designed to support Pakistani women through accessible and localized health information. The application has been developed by Aangan, a startup focused on women’s reproductive health and an incubatee of Mobilink Bank’s Women Inspirational Network (WIN) Incubator, the Bank’s industry-first incubation program for women-led startups. Mobilink Bank Launches BiBi app; Advances Women’s Digital Inclusion and Social Impact - According to health experts, 1 in 9 women in Pakistan is at risk of breast cancer. This remains the most common cancer among women in Pakistan, propelled by social stigma, limited awareness, and delayed diagnosis. The Bibi App seeks to improve access to reliable and culturally relevant information, and is designed for women aged 18-55 in urban, peri-urban, and semi-rural communities with limited access to awareness resources. The information within the app has been vetted by Shifa International Hospital. Pakistan’s leading digital microfinance Bank, Mobilink Bank, has launched the “Bibi App,” a breast cancer awareness mobile application designed to support Pakistani women through accessible and localized health information. The application has been developed by Aangan, a startup focused on women’s reproductive health and an incubatee of Mobilink Bank’s Women Inspirational Network (WIN) Incubator, the The application provides easy-to-understand information on early detection, prevention, and health awareness in both Urdu and English. By leveraging technology to improve health literacy, Mobilink Bank aims to contribute toward more inclusive support systems for women across Pakistan.
- [SBP receives $1.3 b under IMF’s EFF, RSF programs](https://businessplus.com.pk/sbp-receives-1-3-b-under-imfs-eff-rsf-programs/) - The State Bank of Pakistan (SBP), informed that it has received about US$1.3 billion under the International Monetary Fund’s EFF program and climate related Resilience and Sustainability Facility. SBP receives $1.3 b under IMF’s EFF, RSF programs - In a statement, the central bank reported that the SBP has received SDR 914 million (equivalent to about US$1.3 billion) from the IMF under the EFF and RSF. This brings total disbursements under the two arrangements to SDR 3,348 million, approximately US$4.8 billion. The State Bank of Pakistan (SBP), informed that it has received about US$1.3 billion under the International Monetary Fund’s EFF program and climate related Resilience and Sustainability Facility. In a statement, the central bank reported that the SBP has received SDR 914 million (equivalent to about US$1.3 billion) from the IMF under the EFF and The IMF Executive Board, in its meeting on 08 May 2026, has completed third review under the Extended Fund Facility (EFF) and approved disbursement of SDR 760 million, around US$1.1 billion, for Pakistan, it stated. The 37-month EFF arrangement, approved on September 25, 2024, is aimed at building resilience, enabling sustainable growth and entrenching macroeconomic stability.
- [CCP Clears United Ethanol PCRCL Stake Deal](https://businessplus.com.pk/ccp-clears-united-ethanol-pcrcl-stake-deal/) - The Competition Commission of Pakistan (CCP) has approved the acquisition of shareholding in Pakistan Corporate Restructuring Company Limited (PCRCL) by United Ethanol Industries Limited following a Phase-I competition assessment conducted under the Competition Act, 2010. CCP Clears United Ethanol PCRCL Stake Deal - The Competition Commission of Pakistan (CCP) has approved the acquisition of shareholding in Pakistan Corporate Restructuring Company Limited (PCRCL) by United Ethanol Industries Limited following a Phase-I competition assessment conducted under the Competition Act, 2010. The Competition Commission of Pakistan (CCP) has approved the acquisition of shareholding in Pakistan Corporate Restructuring Company Limited (PCRCL) by United Ethanol Industries Limited following a Phase-I competition assessment conducted under the Competition Act, 2010. Pakistan Corporate Restructuring Company Limited is a public limited company licensed by the Securities and Exchange Commission of Pakistan (SECP) During its assessment, the Commission examined the competitive effects of the transaction in the relevant market identified as, “resolution of Non-Performing Assets (NPAs) and restructuring advisory/agency services” in Pakistan.
- [Spotify Marks 20th Anniversary with “Spotify 20: Your Party of the Year(s)” – A Personalized In-App Experience Celebrating Fans’ Listening Journeys](https://businessplus.com.pk/spotify-marks-20th-anniversary-with-spotify-20-your-party-of-the-years-a-personalized-in-app-experience-celebrating-fans-listening-journeys/) - Starting today, fans can unlock the “Spotify 20: Your Party of the Year(s)” experience within the Spotify app, offering a nostalgic and highly shareable experience that brings their listening journey to life. Spotify Marks 20th Anniversary with “Spotify 20: Your Party of the Year(s)” – A Personalized In-App Experience Celebrating Fans’ Listening Journeys - Starting today, fans can unlock the “Spotify 20: Your Party of the Year(s)” experience within the Spotify app, offering a nostalgic and highly shareable experience that brings their listening journey to life. To celebrate its 20th anniversary, Spotify is giving listeners a special gift: a fully personalized look at their entire music history. Starting today, fans can unlock the “Spotify 20: Your Party of the Year(s)” experience within the Spotify app, offering a nostalgic and highly shareable experience that brings their listening journey to life. The experience To top it all off, users will get an All-Time Top Songs Playlist—a collection of their top 120 tracks, complete with play counts shown, ready to save to their library.
- [Al-Ghazi Tractors champions mechanization at the 19th Agri Asia Conference](https://businessplus.com.pk/al-ghazi-tractors-champions-mechanization-at-the-19th-agri-asia-conference/) - Al-Ghazi Tractors Limited (AGTL) recently participated in the three day 19th International Agri Asia Exhibition & Conference 2026, reaffirming its longstanding commitment to advancing agricultural mechanization and supporting Pakistan’s farming community. The exhibition was recently held in Lahore and brought together key stakeholders from across Pakistan’s agriculture and livestock sectors. Al-Ghazi Tractors champions mechanization at the 19th Agri Asia Conference - AGTL showcased its advanced farming technologies and highlighted its continued efforts to empower farmers with reliable, efficient, and innovative mechanization solutions designed to improve agricultural yield and productivity. Al-Ghazi Tractors Limited (AGTL) recently participated in the three day 19th International Agri Asia Exhibition & Conference 2026, reaffirming its longstanding commitment to advancing agricultural mechanization and supporting Pakistan’s farming community. The exhibition was recently held in Lahore and brought together key stakeholders from across Pakistan’s agriculture and livestock sectors. As one of the country’s The Chief Guest appreciated AGTL's product lineup, particularly the NH 850, and lauded the company's efforts in advancing mechanization across Pakistan.
- [Media Has Key Role in Building Public Understanding of Power Sector, Says Awais Leghari](https://businessplus.com.pk/media-has-key-role-in-building-public-understanding-of-power-sector-says-awais-leghari/) - Minister for Energy (Power Division) Sardar Awais Ahmed Khan Leghari emphasised the need for accurate and balanced reporting on Pakistan’s power sector, stating that misinformation and incomplete analyses often contribute to public misconceptions regarding electricity pricing, reforms, and sector performance. Media Has Key Role in Building Public Understanding of Power Sector, Says Awais Leghari - The minister further stated that no new imported fuel-based Independent Power Producers (IPPs) would be established in the future. He added that agreements with most IPPs had already been renegotiated, resulting in projected savings of approximately Rs3.5 trillion for electricity consumers over the next 10 to 15 years. Minister for Energy (Power Division) Sardar Awais Ahmed Khan Leghari emphasised the need for accurate and balanced reporting on Pakistan’s power sector, stating that misinformation and incomplete analyses often contribute to public misconceptions regarding electricity pricing, reforms, and sector performance. Speaking at a workshop on “Training Media Personnel on Power Sector Fundamentals” organised by the Referring to renewable energy initiatives, he said the recently introduced solar policy would not slow the pace of solar adoption in the country. He also reaffirmed the government’s support for investment in battery energy storage systems and said efforts were underway to provide more affordable electricity to industrial and commercial consumers during daytime hours.
- [Experts Warn AI Could Deepen Inequality Without Digital Skills Push for Women in Pakistan](https://businessplus.com.pk/experts-warn-ai-could-deepen-inequality-without-digital-skills-push-for-women-in-pakistan/) - Experts at a Gender & Economy Conference warned that emerging technologies such as artificial intelligence (AI) could either significantly expand economic opportunities for women or further deepen existing inequalities, depending on access to education and digital skills. Experts Warn AI Could Deepen Inequality Without Digital Skills Push for Women in Pakistan - The panel discussion on “Health & Gender” was moderated by LUMS faculty member Warda Riaz and featured contributions from experts including Fyeza Jehan, Usman Ali, Adnan Khan, and M. Farhan Majid. Experts at a Gender & Economy Conference warned that emerging technologies such as artificial intelligence (AI) could either significantly expand economic opportunities for women or further deepen existing inequalities, depending on access to education and digital skills. The panel discussion on “Health & Gender” was moderated by LUMS faculty member Warda Riaz and featured contributions Speaking during the session, a panelist emphasized that women’s economic empowerment is closely linked with their capabilities and bargaining power, arguing that low-cost learning opportunities and digital skill-building initiatives could help women overcome structural and non-economic barriers.
- [Gwadar Port Slashes Charges to Attract Global Shipping Lines](https://businessplus.com.pk/gwadar-port-slashes-charges-to-attract-global-shipping-lines/) - Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced sweeping reductions in tariff rates at Gwadar Port aimed at strengthening the deep-sea facility’s position as a competitive regional logistics and transshipment hub. Gwadar Port Slashes Charges to Attract Global Shipping Lines - Under the revised tariff structure, berthing fees for container vessels and ships carrying transit or transshipment cargo have been reduced by 25 percent. Charges on international transshipment container cargo have been slashed by 40 percent, while transit container cargo charges have been cut by 31 percent. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced sweeping reductions in tariff rates at Gwadar Port aimed at strengthening the deep-sea facility’s position as a competitive regional logistics and transshipment hub. Federal Minister of Maritime Affairs said, that the revised policy is designed to significantly increase transit and international transshipment container traffic through Juniad Chaudhry said the measures form part of a broader strategy to transform Gwadar into a competitive, investor-friendly, and modern deep-sea port serving as a strategic gateway for trade with Central Asia, the Middle East, East Africa, and beyond.
- [PTCL Group back into profits with Rs. 3.1 billion bottom-line in Q1 2026](https://businessplus.com.pk/ptcl-group-back-into-profits-with-rs-3-1-billion-bottom-line-in-q1-2026/) - Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its consolidated financial results for the quarter ended March 31, 2026. PTCL Group sustained strong growth momentum, further strengthening its position as Pakistan’s leading integrated telecom and ICT services provider. During the period, Pakistan Telecommunication Authority (PTA) has formally approved PTCL Group back into profits with Rs. 3.1 billion bottom-line in Q1 2026 - Consolidated revenue increased by 58% year-on-year, with the inclusion of Telenor Pakistan results into the PTCL Group and aided by sustained growth in fixed broadband, enterprise, wholesale, and mobile services. Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its consolidated financial results for the quarter ended March 31, 2026. PTCL Group sustained strong growth momentum, further strengthening its position as Pakistan’s leading integrated telecom and ICT services provider. During the period, Pakistan Telecommunication Authority (PTA) has formally approved Ubank posted revenue of Rs. 5.8 billion, while its bottom line improved significantly compared to the prior period marking a strong recovery in banking operations.
- [Mobilink Bank’s WIN Incubator Leads Pakistan’s DEI Agenda, Graduates 18 Women-Led Startups](https://businessplus.com.pk/mobilink-banks-win-incubator-leads-pakistans-dei-agenda-graduates-18-women-led-startups/) - Reinforcing its position as a leader in Diversity, Equity, and Inclusion (DEI), Pakistan’s leading digital microfinance bank, Mobilink Bank has successfully graduated 18 women-led startups under its Women Inspirational Network (WIN) Incubator Program, an industry-first initiative designed to unlock the economic potential of women entrepreneurs in Pakistan. The graduation ceremony, held in Islamabad, was attended Mobilink Bank’s WIN Incubator Leads Pakistan’s DEI Agenda, Graduates 18 Women-Led Startups - The WIN program equipped participants with practical skills in digital entrepreneurship, financial literacy, and business scaling, enabling them to build resilient, future-ready enterprises. The ceremony concluded with awards recognizing high-impact ventures emerging from the cohort. Reinforcing its position as a leader in Diversity, Equity, and Inclusion (DEI), Pakistan’s leading digital microfinance bank, Mobilink Bank has successfully graduated 18 women-led startups under its Women Inspirational Network (WIN) Incubator Program, an industry-first initiative designed to unlock the economic potential of women entrepreneurs in Pakistan. The graduation ceremony, held in Islamabad, was attended With a total of 31 startups now graduated, Mobilink Bank continues to set the benchmark for enabling women-led businesses through structured incubation, mentorship, and access to financial and digital ecosystems.
- [PTCL & Ufone crowned ‘Effective Marketer of the Year’ in addition to 8 honors at Effie Awards 2026](https://businessplus.com.pk/ptcl-ufone-crowned-effective-marketer-of-the-year-in-addition-to-8-honors-at-effie-awards-2026/) - Pakistan’s leading telecommunication and digital services providers, PTCL & Ufone, emerged as the biggest winners at the prestigious Effie Awards Pakistan 2026, securing eight awards, including three Gold, two Silver, and three Bronze accolades. PTCL & Ufone crowned ‘Effective Marketer of the Year’ in addition to 8 honors at Effie Awards 2026 - Pakistan’s leading telecommunication and digital services providers, PTCL & Ufone, emerged as the biggest winners at the prestigious Effie Awards Pakistan 2026, securing eight awards, including three Gold, two Silver, and three Bronze accolades. Pakistan’s leading telecommunication and digital services providers, PTCL & Ufone, emerged as the biggest winners at the prestigious Effie Awards Pakistan 2026, securing eight awards, including three Gold, two Silver, and three Bronze accolades. PTCL & Ufone also received the coveted ‘Effective Marketer of the Year 2025–26’ title, awarded to the top-performing marketing organization across A key highlight this year came in the Internet & Telecom category, where PTCL & Ufone secured both Gold and Silver awards. Ufone’s flagship “Data Bohhaaat Hai” campaign won Gold, while its “Babar’s Phone Lost” execution also earned Gold in Social Media (Services), along with Silver for its “Sohni Mahiwal” campaign.
- [Spotify Reports First Quarter 2026 Earnings](https://businessplus.com.pk/spotify-reports-first-quarter-2026-earnings/) - Spotify announced its First Quarter 2026 earnings, marking a strong start to its Year of Raising Ambition, with continued momentum across the business and ongoing innovation on the platform, further personalizing discovery and control for users. Spotify Reports First Quarter 2026 Earnings - Q1 results were in line with or ahead of expectations across all key metrics, with robust growth in both MAUs and subscribers. The platform surpassed 760 million monthly active users and delivered its second-highest gross margin to date. Spotify announces its First Quarter 2026 earnings, signaling a strong start to its Year of Raising Ambition, with the company delivering its second-highest gross margin to date. Spotify announced its First Quarter 2026 earnings, marking a strong start to its Year of Raising Ambition, with continued momentum across the business and ongoing innovation on the Alex Norström, Co-CEO, said: “We surpassed 760 million MAU, delivered on the subscriber growth we aimed to achieve, and saw healthy engagement from existing users, reactivations and new users alike. Since the global rollout of our more personalized free experience, users in key markets like the US are listening and watching more days per month. All that reinforces our confidence in sustained user and subscriber growth, low churn, and continued progress on revenue and margin.”
- [PTCL refutes news of potential change in the investment position of e& in Pakistan](https://businessplus.com.pk/ptcl-refutes-news-of-potential-change-in-the-investment-position-of-e-in-pakistan/) - Pakistan Telecommunication Company Limited (PTCL) notes recent media reports regarding a potential change in the investment position of e& (formerly Etisalat) in Pakistan. PTCL refutes news of potential change in the investment position of e& in Pakistan - The company would like to reject the baseless and speculative reports and is not aware of the sources referenced in these reports. As a publicly listed entity, PTCL emphasizes the importance of accurate and responsible reporting, as unverified information may lead to unnecessary market speculation. Pakistan Telecommunication Company Limited (PTCL) notes recent media reports regarding a potential change in the investment position of e& (formerly Etisalat) in Pakistan. The company would like to reject the baseless and speculative reports and is not aware of the sources referenced in these reports. As a publicly listed entity, PTCL emphasizes the importance of PTCL’s shareholders remain fully committed to the company’s long-term strategy and growth trajectory. This is reflected in key strategic initiatives, including the acquisition of Telenor Pakistan and Orion Towers, Ufone’s 5G spectrum acquisition, and the continued expansion of the company’s fiber network across the country.
- [Pakistan is Dancing to Bhangra and Lahore is Leading the Beat](https://businessplus.com.pk/pakistan-is-dancing-to-bhangra-and-lahore-is-leading-the-beat/) - From wedding season to cricket victories, and from Basant festivities to everyday gatherings, dance continues to be a powerful expression of joy and identity across Pakistan. But increasingly, it’s bhangra that is defining these moments. Pakistan is Dancing to Bhangra and Lahore is Leading the Beat - From wedding season to cricket victories, and from Basant festivities to everyday gatherings, dance continues to be a powerful expression of joy and identity across Pakistan. But increasingly, it’s bhangra that is defining these moments. As the world marked International Dance Day, Spotify data reveals how Pakistan celebrated — and one thing stands out: the country moved to the rhythm of bhangra. From wedding season to cricket victories, and from Basant festivities to everyday gatherings, dance continues to be a powerful expression of joy and identity across Pakistan. But increasingly, Over the past three years, streams of bhangra tracks have surged by more than 270% in Pakistan, cementing its place as the country’s go-to dance genre. The growth isn’t just in volume, it’s in reach. The number of listeners discovering bhangra has increased by nearly 350%, signaling a widening audience for the genre.
- [Connectivity, policy reforms Vital for Pakistan's Tech Future: Senator Anusha Rahman](https://businessplus.com.pk/connectivity-policy-reforms-vital-for-pakistans-tech-future-senator-anusha-rahman/) - Pakistan must urgently modernise its regulatory frameworks while investing in connectivity infrastructure, including satellite internet, to unlock the full potential of artificial intelligence, blockchain and digital finance, Senator Anusha Rahman Khan said at the Leadership Summit on Blockchain and Digital Assets hosted by the LUMS Centre for Digital Assets Research (CeDAR). Connectivity, policy reforms Vital for Pakistan's Tech Future: Senator Anusha Rahman - Delivering the keynote address, the former IT minister underscored that while Pakistan has entered the era of frontier technologies, “the governance frameworks are still being written,” making this a decisive moment for policymakers. She said the Punjab government is working to finalise forward-looking policy frameworks within the next three to five years to shape the province’s digital trajectory for the coming decade. Pakistan must urgently modernise its regulatory frameworks while investing in connectivity infrastructure, including satellite internet, to unlock the full potential of artificial intelligence, blockchain and digital finance, Senator Anusha Rahman Khan said at the Leadership Summit on Blockchain and Digital Assets hosted by the LUMS Centre for Digital Assets Research (CeDAR). The summit, which brought She also stressed that blockchain would serve as a “governance instrument” to build trust, describing it as a decentralised, tamper-resistant system capable of transforming public service delivery and financial transparency. “Trust and data together will change how we look at our country,” she noted, linking blockchain adoption with a more accountable and auditable economic system.
- [Jubilee Life Insurance and Kashf Foundation Launch “Khushal Mustaqbil Takaful” to strengthen Women’s Financial Resilience](https://businessplus.com.pk/jubilee-life-insurance-and-kashf-foundation-launch-khushal-mustaqbil-takaful-to-strengthen-womens-financial-resilience/) - Jubilee Life Insurance, the country’s largest private sector insurance company, Kashf Foundation and United Nations Development Programme (UNDP) jointly launch the “Khushal Mustaqbil Takaful (KMT),” an innovative micro-savings and protection product designed to strengthen the financial resilience of women from underserved communities. Jubilee Life Insurance and Kashf Foundation Launch “Khushal Mustaqbil Takaful” to strengthen Women’s Financial Resilience - Designed specifically for Kashf Foundation’s women borrowers, KMT is a yearly renewable endowment Takaful plan that combines protection with long term savings. Operating under the Shari’ah-compliant Wakalah-Waqf Takaful Model, the product offers a dual benefit: financial protection for families in the event of loss of life, alongside a structured pathway for women to build savings and long term financial security. Jubilee Life Insurance, the country’s largest private sector insurance company, Kashf Foundation and United Nations Development Programme (UNDP) jointly launch the “Khushal Mustaqbil Takaful (KMT),” an innovative micro-savings and protection product designed to strengthen the financial resilience of women from underserved communities. The strategic collaboration was formalized at the Kashf Foundation Head Office in Lahore, Speaking at the occasion, Mr. Javed Ahmed, MD and CEO, Jubilee Life Insurance said: “At Jubilee Life, we believe that financial protection must be inclusive and accessible, particularly for women who play a central role in strengthening household resilience. Our collaboration with Kashf Foundation reflects our commitment to empowering women with solutions that not only safeguard their families but also enable them to build a more secure and independent financial future.”
- [LUMS Collaborates with Allied Bank to Advance Robotics Innovation in Banking](https://businessplus.com.pk/lums-collaborates-with-allied-bank-to-advance-robotics-innovation-in-banking/) - The Lahore University of Management Sciences (LUMS), through its CHISEL Lab, has entered into a strategic research and development collaboration with Allied Bank to explore the potential of robotics and Human-Robot Interaction (HRI) in transforming banking experiences. LUMS Collaborates with Allied Bank to Advance Robotics Innovation in Banking - Under this collaboration, a Pepper Robot has been deployed at CHISEL Lab as a dedicated research platform to support experimentation and co-development of robotics-driven applications in the banking sector. The research will focus on customer interaction, service delivery, and assistive banking environments. Selected solutions developed under this initiative will be evaluated in real-world settings, including Allied Bank Digital Lounges, to assess usability, scalability, and customer adoption. The Lahore University of Management Sciences (LUMS), through its CHISEL Lab, has entered into a strategic research and development collaboration with Allied Bank to explore the potential of robotics and Human-Robot Interaction (HRI) in transforming banking experiences. The agreement was signed by Mr. Muhammad Zaman, Group Head, Digital Transformation & Innovation, Allied Bank, and Dr. A Joint Innovation Steering Group will oversee the initiative, with expected outcomes including functional prototypes, pilot insights, potential joint publications, and further strengthening the bridge between academia and industry.
- [Emirates Group achieves record profit of AED 24.4 bn (US$ 6.6 bn) in 2025-26](https://businessplus.com.pk/emirates-group-achieves-record-profit-of-aed-24-4-bn-us-6-6-bn-in-2025-26/) - The UAE corporate tax rate applied to the Emirates Group increased from 9% to 15% this year, due to the adoption of Pillar Two tax rules in the UAE. After accounting for the tax charge, the Group’s profit after tax is AED 21.0 billion (US$ 5.7 billion), up 3% from 2024-25. Emirates Group achieves record profit of AED 24.4 bn (US$ 6.6 bn) in 2025-26 - The UAE corporate tax rate applied to the Emirates Group increased from 9% to 15% this year, due to the adoption of Pillar Two tax rules in the UAE. After accounting for the tax charge, the Group’s profit after tax is AED 21.0 billion (US$ 5.7 billion), up 3% from 2024-25. Emirates remains the world’s most profitable airline The Emirates Group today released its 2025-26 Annual Report, achieving new record profit, revenue, and cash balance levels, despite a disruptive and challenging 12th month in its financial year. Emirates is the world’s most profitable airline in the 2025-26 reporting period. For the financial year ended 31 March The Group declares a dividend of AED 3.5 billion (US$ 1.0 billion) to its owner, the Investment Corporation of Dubai (ICD).
- [When a Network Goes Beyond the Signal: PTCL & Ufone Partner with Oladoc to Bring Free Mental Health Support to Pakistan’s New Mothers](https://businessplus.com.pk/when-a-network-goes-beyond-the-signal-ptcl-ufone-partner-with-oladoc-to-bring-free-mental-health-support-to-pakistans-new-mothers/) - Today, on Mother’s Day 2026, Pakistan’s largest integrated telecommunications company, PTCL and Ufone announce the launch of #MoreSupportForMothers: a nationwide initiative that pairs awareness with action, first-of-its-kind mental health initiative in the telecom industry. In partnership with Oladoc, Pakistan’s leading digital health platform, PTCL and Ufone are making free consultations with certified psychiatrists available to mothers across Pakistan accessible today through the UPTCL app, at no cost and with no barriers. When a Network Goes Beyond the Signal: PTCL & Ufone Partner with Oladoc to Bring Free Mental Health Support to Pakistan’s New Mothers - Oladoc, Pakistan’s leading digital health platform, PTCL and Ufone are making free consultations with certified psychiatrists available to mothers across Pakistan accessible today through the UPTCL app, at no cost and with no barriers. Today, on Mother’s Day 2026, Pakistan’s largest integrated telecommunications company, PTCL and Ufone announce the launch of #MoreSupportForMothers: a nationwide initiative that pairs awareness with action, first-of-its-kind mental health initiative in the telecom industry. In partnership with Oladoc, Pakistan’s leading digital health platform, PTCL and Ufone are making free consultations with certified psychiatrists available to Through this partnership, its network of certified psychiatrists is now accessible, for free, to every mother in Pakistan who downloads the UPTCL app. The service is available on iOS and Android, requires no prior diagnosis or referral, and is designed to function in communities far beyond Pakistan’s urban centres.
- [Fatima Fertilizer and Multan Sultans Celebrate Title Sponsorship with a Grand Meet & Greet in Karachi](https://businessplus.com.pk/fatima-fertilizer-and-multan-sultans-celebrate-title-sponsorship-with-a-grand-meet-greet-in-karachi/) - Fatima Fertilizer Company Limited, Title Sponsor of the Multan Sultans in the Pakistan Super League (PSL), hosted an exclusive Meet & Greet event at Mövenpick Hotel, Karachi, bringing together the entire Multan Sultans Team, company dealers, and the farming community in a memorable evening that celebrated cricket, community, and an eight-year partnership built on shared identity and pride. Eight seasons in, this partnership continues to thrive with each passing year — reflecting a shared vision, strong collaboration, and a deep-rooted connection to the communities both organisations proudly serve. Fatima Fertilizer and Multan Sultans Celebrate Title Sponsorship with a Grand Meet & Greet in Karachi - The event brought this partnership to life, giving Fatima Fertilizer’s dealer network and farming community an up-close experience with their cricket heroes. Dealers, Farmers, and the Entire Multan Sultans Team Come Together at Mövenpick Hotel in a Celebration of Cricket, Community, and an Eight-Year Partnership Fatima Fertilizer Company Limited, Title Sponsor of the Multan Sultans in the Pakistan Super League (PSL), hosted an exclusive Meet & Greet event at Mövenpick Hotel, Karachi, bringing together the entire Multan campaign now in its fourth PSL season, through which participants who uploaded photographs with a Sarsabz bag on Facebook were shortlisted as winners. The three selected farmers were then invited as special guests to the event, where they interacted with and met their favourite Multan Sultans players.
- [Pakistan’s First PKR 3 Billion, AAA Rated, Green Sukuk for Telecom Sector Launched by InfraZamin Pakistan, Infralectric, DIB Pakistan Limited (Lead Arranger), Bank Alfalah Limited (Joint Lead Bank), and Meezan Bank Limited (Imports Bank)](https://businessplus.com.pk/pakistans-first-pkr-3-billion-aaa-rated-green-sukuk-for-telecom-sector-launched-by-infrazamin-pakistan-infralectric-dib-pakistan-limited-lead-arranger-bank-alfalah-limited-joint-lead/) - InfraZamin Pakistan Limited, in partnership with Infralectric, a Brillanz Group company, DIB Pakistan Limited, Bank Alfalah Limited, and Meezan Bank Limited, announced the signing of Pakistan’s first-ever PKR 3 Billion, ‘AAA’ Rated, Green Sukuk for the telecom sector, marking a major milestone in sustainable infrastructure financing and climate-aligned capital markets development. Under the transaction, InfraZamin Pakistan is providing a 100% principal guarantee for the PKR 3 billion Green Sukuk issued by Infralectric Private Limited with DIB Pakistan Limited, as the Lead Arranger of the Green Sukuk transaction demonstrating how ethical capital markets can lead the transition toward scalable, climate-aligned infrastructure financing.
- [PTCL Signs Strategic Partnership Agreement with Indus Cloud to Deliver Huawei Cloud Stack in Pakistan](https://businessplus.com.pk/ptcl-signs-strategic-partnership-agreement-with-indus-cloud-to-deliver-huawei-cloud-stack-in-pakistan/) - Pakistan Telecommunication Company Limited (PTCL) has signed a strategic partnership agreement with Indus Cloud, part of the Master Group, to introduce advanced cloud solutions powered by Huawei Cloud in Pakistan. PTCL Signs Strategic Partnership Agreement with Indus Cloud to Deliver Huawei Cloud Stack in Pakistan - The partnership marks a significant step in PTCL's ongoing efforts to strengthen its cloud and data center portfolio and expand access to enterprise-grade digital infrastructure in the country. By combining PTCL's nationwide infrastructure and enterprise reach with Indus Cloud's platform capabilities, the collaboration will make Huawei Cloud stack services more accessible to enterprise and government customers, enabling secure, scalable, and locally hosted solutions tailored to evolving business needs. Pakistan Telecommunication Company Limited (PTCL) has signed a strategic partnership agreement with Indus Cloud, part of the Master Group, to introduce advanced cloud solutions powered by Huawei Cloud in Pakistan. The partnership marks a significant step in PTCL's ongoing efforts to strengthen its cloud and data center portfolio and expand access to enterprise-grade digital infrastructure Through this partnership, we are further strengthening our cloud portfolio by bringing Huawei Cloud stack capabilities to Pakistan, empowering enterprises and government institutions with globally benchmarked solutions delivered with local reliability, compliance and support.
- [ConnectHear takes Sign Language AI nationwide with GSMA and Ufone](https://businessplus.com.pk/connecthear-takes-sign-language-ai-nationwide-with-gsma-and-ufone/) - South Asia’s leading assistive technology startup, ConnectHear, marked another major milestone by hosting the “National Deployment of Sign Language AI for Public Broadcast” in collaboration with GSMA and Ufone at the Islamabad Serena Hotel. The event brought together key stakeholders from government, telecom, UN agencies, and the humanitarian sector to advance partnerships for accessible communication for the Deaf community at a national level. ConnectHear takes Sign Language AI nationwide with GSMA and Ufone - The initiative represents a significant step forward, building on earlier deployments of SUNO in partnership with Ufone and moving from pilot implementations to scalable, integrated solutions for public communication systems. South Asia’s leading assistive technology startup, ConnectHear, marked another major milestone by hosting the “National Deployment of Sign Language AI for Public Broadcast” in collaboration with GSMA and Ufone at the Islamabad Serena Hotel. The event brought together key stakeholders from government, telecom, UN agencies, and the humanitarian sector to advance partnerships for accessible communication With its newly announced integration into the ConnectHear virtual interpretation app, SUNO will now extend its reach to over 50,000 users, significantly expanding access to inclusive early warning and disaster communication.
- [Mega Motor Company and TPL insurance collaborate to launch MMC Cares for BYD Owners in Pakistan](https://businessplus.com.pk/mega-motor-company-and-tpl-insurance-collaborate-to-launch-mmc-cares-for-byd-owners-in-pakistan/) - Mega Motor Company (MMC), the official partner of the world’s no.1 NEV brand, BYD in Pakistan has entered into a strategic partnership with TPL Insurance, one of Pakistan’s leading general insurance providers, to introduceMMC Care, a comprehensive protection plan designed exclusively for BYD owners nationwide. Mega Motor Company (MMC) and TPL insurance collaborate to launch MMC Cares for BYD Owners in Pakistan - Through this partnership, TPL Insurance will offer a comprehensive and customized insurance plan designed to cater to the technologically advanced BYD New Energy Vehicles (NEVs). MMC Care offers BYD owners financial protection against a range of unforeseen circumstances, including accidents, theft, damage, and unexpected breakdowns. Mega Motor Company (MMC), the official partner of the world’s no.1 NEV brand, BYD in Pakistan has entered into a strategic partnership with TPL Insurance, one of Pakistan’s leading general insurance providers, to introduce MMC Care, a comprehensive protection plan designed exclusively for BYD owners nationwide. Through this partnership, TPL Insurance will offer a comprehensive The policy is structured to reduce the burden of repair costs and eliminate the uncertainty of arranging assistance during emergencies, ensuring that support is readily available when it is needed most.
- [Mobilink Bank ranks among Top 10 organizations at GDEIB Awards 2026, recognized across all 15 categories](https://businessplus.com.pk/mobilink-bank-ranks-among-top-10-organizations-at-gdeib-awards-2026-recognized-across-all-15-categories/) - Pakistan's leading digital microfinance bank, Mobilink Bank, has been named among the ‘Top 10 Inclusive Companies of the Year’ at the prestigious Global Diversity, Equity, and Inclusion Benchmarks (GDEIB) Awards 2026. The Bank secured recognition across all 15 award categories, reflecting its deep-rooted commitment to global DEI best practices and its continued efforts to drive inclusive growth in Pakistan. Mobilink Bank ranks among Top 10 organizations at GDEIB Awards 2026, recognized across all 15 categories - Mobilink Bank has embedded DEI across its organizational and leadership structures, earning recognition at the highest “Best Practice” level in multiple GDEIB categories, including leadership accountability, recruitment, advancement and retention, learning and development, and sustainability. Pakistan's leading digital microfinance bank, Mobilink Bank, has been named among the ‘Top 10 Inclusive Companies of the Year’ at the prestigious Global Diversity, Equity, and Inclusion Benchmarks (GDEIB) Awards 2026. The Bank secured recognition across all 15 award categories, reflecting its deep-rooted commitment to global DEI best practices and its continued efforts to drive The Bank also ranks among the top organizations in Pakistan based on its overall GDEIB scoring, further strengthening its position as a national benchmark for inclusive excellence.
- [BingX Brings SpaceX Pre-IPO Exposure On-Chain, Expanding Its Gateway to Future-Valued Assets](https://businessplus.com.pk/bingx-brings-spacex-pre-ipo-exposure-on-chain-expanding-its-gateway-to-future-valued-assets/) - BingX, a leading cryptocurrency exchange and Web3-AI company, has announced the launch of SpaceX Pre-IPO perpetual futures, alongside the introduction of the SpaceX Xpool Airdrop campaign. This dual initiative enables users to gain exposure to one of the most closely watched private companies while earning rewards through participation. BingX Brings SpaceX Pre-IPO Exposure On-Chain, Expanding Its Gateway to Future-Valued Assets - SPACEX (VNTL) perpetual futures officially launched on April 14, 2026, and quickly gained strong traction among users, with SPACEX (PreStocks) launching on April 16, 2026. Within the first 24 hours of its launch, SpaceX (VNTL) rose to the third-largest new TradFi asset on the platform by trading volume. BingX, a leading cryptocurrency exchange and Web3-AI company, has announced the launch of SpaceX Pre-IPO perpetual futures, alongside the introduction of the SpaceX Xpool Airdrop campaign. This dual initiative enables users to gain exposure to one of the most closely watched private companies while earning rewards through participation. SPACEX (VNTL) perpetual futures officially launched on BingX is also introducing a dedicated airdrop event for SpaceX Pre-IPO RWA, offering structured rewards for new users and exclusive benefits for VIP members, with BingX Xpool staking to become available from April 21, 2026.
- [Al-Ghazi Tractors Celebrates 600,000th Tractor](https://businessplus.com.pk/al-ghazi-tractors-celebrates-600000th-tractor/) - Al-Ghazi Tractors marked a defining milestone in Pakistan's industrial history, celebrating the production of its 600,000th tractor at a ceremony held at its manufacturing facility in Dera Ghazi Khan, the same plant where the company first began production over four decades ago. Al-Ghazi Tractors Celebrates 600,000th Tractor - The milestone tractor produced during the ceremony was a Ghazi 640, Al-Ghazi Tractors' most celebrated model and a name synonymous with reliability among Pakistani farmers for generations. Four Decades of Manufacturing for Pakistan's Farmers Al-Ghazi Tractors marked a defining milestone in Pakistan's industrial history, celebrating the production of its 600,000th tractor at a ceremony held at its manufacturing facility in Dera Ghazi Khan, the same plant where the company first began production over four decades ago. The milestone tractor produced during the Al-Ghazi Tractors manufactures more than 92% of its tractor components locally, a figure that reflects both the depth of its manufacturing infrastructure and its contribution to Pakistan's industrial base.
- [Made in Pakistan: Spotify Marks 5 Years of Music Discovery and Homegrown Growth](https://businessplus.com.pk/made-in-pakistan-spotify-marks-5-years-of-music-discovery-and-homegrown-growth/) - In Pakistan, listeners are exploring more music than ever before—moving across genres, generations, and languages in ways that are reshaping how music is discovered and experienced. Five years since its launch in the country, Spotify is marking a milestone defined not just by growth, but by a shift in how deeply audiences are engaging with music. Made in Pakistan: Spotify Marks 5 Years of Music Discovery and Homegrown Growth - This shift is also reflected in listening behavior. Today, the average Spotify listener in Pakistan streams more than 140 different artists per year, pointing to a highly discovery-driven audience where exploring new music is the norm. In Pakistan, listeners are exploring more music than ever before—moving across genres, generations, and languages in ways that are reshaping how music is discovered and experienced. Five years since its launch in the country, Spotify is marking a milestone defined not just by growth, but by a shift in how deeply audiences are engaging with The artists defining this moment reflect that growth. From contemporary voices like Talha Anjum, Umair, and Hasan Raheem, to enduring icons such as Atif Aslam and Nusrat Fateh Ali Khan, listeners are moving seamlessly between new and legacy sounds—highlighting the breadth of Pakistan’s musical identity.
- [RDA inflows rise to $12.426 Billion in March 2026](https://businessplus.com.pk/rda-inflows-rise-to-12-426-bn-in-march-2026/) - The inflow of remittances under Roshan Digital Account (RDA) has risen to US $12.426 billion by the end of March 2026, as compared to US $12.165 billion by February (2026) end. RDA inflows rise to $12.426 Billion in March 2026 - The data showed that inflows of remittances during March were recorded at US$261 million as compared to US$242 million in February and US$ 216 million January 2026, according to the data released by the State Bank of Pakistan (SBP). The inflow of remittances under Roshan Digital Account (RDA) has risen to US $12.426 billion by the end of March 2026, as compared to US $12.165 billion by February (2026) end. The data showed that inflows of remittances during March were recorded at US$261 million as compared to US$242 million in February and US$ 216 The number of accounts registered under the programme also rose to 917,400 in March 2026 from 909,407 accounts in February 2026.
- [Faysal Bank Achieves AA+ Rating from PACRA](https://businessplus.com.pk/faysal-bank-achieves-aa-rating-from-pacra/) - Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been assigned a long-term entity rating of ‘AA+ (Double AA plus)’, upgraded from its earlier rating of ‘AA (Double AA)’, by Pakistan Credit Rating Agency (PACRA). The Bank’s short-term rating is at A1+ (A-one plus) with a stable outlook. Faysal Bank Achieves AA+ Rating from PACRA - FBL delivered a strong performance across key metrics during the period under review. Digital banking activity registered substantial growth with transactions exceeding PKR 3 trillion, while retail deposits surpassed PKR 1.4 trillion, up 36.7% over December 2024. Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been assigned a long-term entity rating of ‘AA+ (Double AA plus)’, upgraded from its earlier rating of ‘AA (Double AA)’, by Pakistan Credit Rating Agency (PACRA). The Bank’s short-term rating is at A1+ (A-one plus) with a stable outlook. This rating upgrade reflects FBL's FBL's financing portfolio expanded by 37.6% to PKR 872 billion, lifting market share to 6.1%, while the Advance-to-Deposit Ratio improved to 61.1%, significantly outpacing the industry average of 37.5%. Strengthened risk management practices reduced the infection ratio to 2.3%, and the Capital Adequacy Ratio remained at 14.0%, comfortably above regulatory requirements.
- [CCP authorizes acquisition of TPL insurance limited by “Jazz International Holding Limited”](https://businessplus.com.pk/ccp-authorizes-acquisition-of-tpl-insurance-limited-by-jazz-international-holding-limited/) - The Competition Commission of Pakistan (CCP) has authorized the acquisition of M/s. TPL Insurance Limited by M/s. Jazz International Holding Limited from M/s. TPL Corp Limited following a Phase-I review. CCP authorizes acquisition of TPL insurance limited by “Jazz International Holding Limited” - The transaction involves the acquisition of a controlling stake by Jazz in TPL Insurance Limited through a Share Purchase Agreement. A portion of the shares will first be acquired by TPL Corp Limited from Deutsche Investitions- und Entwicklungsgesellschaft (DEG), a German investment company, and subsequently transferred to the acquirer, through a mandatory tender offer. The Competition Commission of Pakistan (CCP) has authorized the acquisition of M/s. TPL Insurance Limited by M/s. Jazz International Holding Limited from M/s. TPL Corp Limited following a Phase-I review. The transaction involves the acquisition of a controlling stake by Jazz in TPL Insurance Limited through a Share Purchase Agreement. A portion of the shares Based on the assessment, the Commission determined that the transaction constitutes a conglomerate merger, with no horizontal or vertical overlap between the business activities of the acquirer and the target.
- [Spotify Brings Creators Together for a Night of Padel, Music and Community in Karachi](https://businessplus.com.pk/spotify-brings-creators-together-for-a-night-of-padel-music-and-community-in-karachi/) - Spotify brought together creators and tastemakers in Karachi for an intimate padel experience, celebrating the growing intersection of sport, music, and community in the city. Spotify Brings Creators Together for a Night of Padel, Music and Community in Karachi - The experience also featured playful on-ground elements inspired by Spotify’s Mix feature —available to Premium users in Pakistan—which allows users to shape how tracks flow together through customized transitions. Brought to life in a social setting, these moments enabled guests to engage with music in a more expressive and interactive way. Spotify brought together creators and tastemakers in Karachi for an intimate padel experience, celebrating the growing intersection of sport, music, and community in the city. Hosted at House of Padel, the evening welcomed a curated group of guests including Ayla Adnan, Hajra Yamin, Arshanistan, alongside other notable names from across Karachi. Designed as a social, Spotify’s “Padel Fever” playlist was highlighted throughout the evening, bringing a curated soundtrack to the experience and enhancing the rhythm of the game.
- [Mobilink Bank, HBL Zarai Services partner to strengthen agricultural financing for underserved communities](https://businessplus.com.pk/mobilink-bank-hbl-zarai-services-partner-to-strengthen-agricultural-financing-for-underserved-communities/) - Pakistan’s leading digital microfinance bank, Mobilink Bank has signed a crucial partnership with HBL Zarai Services Limited to advance agricultural financing for underserved communities under the ‘Zarkhez-e’ Asaan Digital Zarai Qarza Scheme. Mobilink Bank, HBL Zarai Services partner to strengthen agricultural financing for underserved communities - Under this partnership, Mobilink Bank will expand access to structured, in-kind agricultural financing for farmers across Pakistan. Pakistan’s leading digital microfinance bank, Mobilink Bank has signed a crucial partnership with HBL Zarai Services Limited to advance agricultural financing for underserved communities under the ‘Zarkhez-e’ Asaan Digital Zarai Qarza Scheme. Under this partnership, Mobilink Bank will expand access to structured, in-kind agricultural financing for farmers across Pakistan. The Bank, in collaboration with HBL Through this partnership, Mobilink Bank and HBL Zarai aim to enhance coordination, streamline service delivery, and scale in-kind agricultural financing across key agricultural regions. The initiative supports national priorities for sustainable agriculture, financial inclusion, and inclusive economic growth to help Pakistan’s agriculture sector reach its full potential.
- [Mobilink Bank and JazzCash Turn Chaklala Scheme-III Bazar Cashless to Advance PM’s Cashless Economy Vision](https://businessplus.com.pk/mobilink-bank-and-jazzcash-turn-chaklala-scheme-iii-bazar-cashless-to-advance-pms-cashless-economy-vision/) - Mobilink Bank, Pakistan’s leading digital microfinance bank in collaboration with JazzCash, Pakistan’s leading digital financial services platform, has inaugurated the Chaklala Scheme-III Cashless Bazaar in Rawalpindi, covering 900 shops & carts, accelerating the push towards realizing the Prime Minister’s vision of a cashless economy led by State Bank of Pakistan. This step extends digital financial infrastructure into everyday marketplaces, making transactions simpler while empowering communities. Mobilink Bank and JazzCash Turn Chaklala Scheme-III Bazar Cashless to Advance PM’s Cashless Economy Vision - A core component of this transformation is the deployment of Raast-enabled QR codes across the bazaar. This allows merchants to accept instant, secure payments directly from mobile wallets, significantly reducing the hassle of handling physical cash. Mobilink Bank, Pakistan’s leading digital microfinance bank in collaboration with JazzCash, Pakistan’s leading digital financial services platform, has inaugurated the Chaklala Scheme-III Cashless Bazaar in Rawalpindi, covering 900 shops & carts, accelerating the push towards realizing the Prime Minister’s vision of a cashless economy led by State Bank of Pakistan. This step extends digital financial For the customers, it offers a seamless checkout experience with real-time fund transfers, making everyday shopping faster and more secure. Mobilink Bank will open Business Plus accounts for participating retailers and offer a suite of solutions, including health and fire insurance, SME loans, and solar and EV financing.
- [SECP Sanctions Additional Pension Funds for Balochistan and Punjab](https://businessplus.com.pk/secp-sanctions-additional-pension-funds-for-balochistan-and-punjab/) - The Securities and Exchange Commission of Pakistan (SECP) has further advanced Pakistan’s pension reform agenda by approving eight additional pension funds for the Government of Balochistan and one for the Government of Punjab. SECP Sanctions Additional Pension Funds for Balochistan and Punjab - The newly approved funds for Balochistan will be managed by JS Investments Limited, Alfalah Asset Management Limited, NBP Fund Management Limited, and UBL Fund Managers Limited. The Punjab fund will be managed by AWT Investments Limited. The Securities and Exchange Commission of Pakistan (SECP) has further advanced Pakistan’s pension reform agenda by approving eight additional pension funds for the Government of Balochistan and one for the Government of Punjab. With these latest approvals, the total number of authorized pension funds for Balochistan has risen to fifteen, while Punjab’s total has reached The approvals are part of the government’s broader strategy to transition from the traditional Defined Benefit (DB) pension system to a more sustainable, transparent, and fiscally responsible Defined Contribution framework.
- [Islamabad Police Leads Pakistan’s Electric Revolution with BYD NEVs](https://businessplus.com.pk/islamabad-police-leads-pakistans-electric-revolution-with-byd-nevs/) - Global NEV leader BYD, through its official partner in Pakistan, Mega Motor Company, has delivered BYD Atto 2 and BYD Sealion 7 electric vehicles to Islamabad Police, marking the first operational adoption of a new energy vehicle (NEV) fleet by a federal department in Pakistan. Islamabad Police Leads Pakistan’s Electric Revolution with BYD NEVs - The fleet has been designated for specific operational roles within the police department, supporting traffic patrol and official mobility. Global NEV leader BYD, through its official partner in Pakistan, Mega Motor Company, has delivered BYD Atto 2 and BYD Sealion 7 electric vehicles to Islamabad Police, marking the first operational adoption of a new energy vehicle (NEV) fleet by a federal department in Pakistan. The induction of these vehicles was formally celebrated through an The initiative comes at a time when Pakistan is experiencing unprecedented volatility in fuel prices, reinforcing the need for more stable and cost-efficient mobility solutions for institutional use. By transitioning to electric vehicles, Islamabad Police is taking a forward-looking step toward reducing exposure to fuel price fluctuations while improving long-term operational efficiency.
- [Veon CEO lauds Mobilink Bank's 35% green energy transition](https://businessplus.com.pk/veon-ceo-lauds-mobilink-banks-35-green-energy-transition/) - Mobilink Bank is setting a new benchmark for sustainable banking in Pakistan, rapidly advancing its ESG-led transformation to become the country’s most forward-looking, responsible, and future-ready financial institution. With more than one-third of its nationwide branch network now powered by renewable energy, the Bank is decisively leading the shift toward low-carbon, inclusive finance at scale. Veon CEO lauds Mobilink Bank's 35% green energy transition - Mobilink Bank is setting a new benchmark for sustainable banking in Pakistan, rapidly advancing its ESG-led transformation to become the country’s most forward-looking, responsible, and future-ready financial institution. With more than one-third of its nationwide branch network now powered by renewable energy, the Bank is decisively leading the shift toward low-carbon, inclusive finance at scale. Mobilink Bank is setting a new benchmark for sustainable banking in Pakistan, rapidly advancing its ESG-led transformation to become the country’s most forward-looking, responsible, and future-ready financial institution. With more than one-third of its nationwide branch network now powered by renewable energy, the Bank is decisively leading the shift toward low-carbon, inclusive finance at scale. Commenting on the Bank’s direction, Haaris Mahmood Chaudhary, President and CEO Mobilink Bank, said: “Sustainability is not a parallel agenda for Mobilink Bank; rather, it is the engine of our growth. We are building Pakistan’s leading bank for small businesses through a model that is digital-first, ESG-driven, and built for long-term impact. From green financing to renewable-powered operations, we are embedding responsibility into every layer of our business.”
- [Pakistan, Norway sign first carbon market deal under Paris Agreement](https://businessplus.com.pk/pakistan-norway-sign-first-carbon-market-deal-under-paris-agreement/) - Pakistan and Norway signed the country’s first bilateral agreement under Article 6.2 of the Paris Agreement, marking a key step towards entering international carbon markets and attracting climate finance. Pakistan, Norway sign first carbon market deal under Paris Agreement - The memorandum of understanding, signed here under the Ministry of Climate Change and Environmental Coordination, will enable Pakistan to develop carbon credit projects and transfer emission reductions to Norway. Pakistan and Norway signed the country’s first bilateral agreement under Article 6.2 of the Paris Agreement, marking a key step towards entering international carbon markets and attracting climate finance. The memorandum of understanding, signed here under the Ministry of Climate Change and Environmental Coordination, will enable Pakistan to develop carbon credit projects and transfer emission Under the arrangement, Pakistan can generate carbon credits through projects in renewable energy, agriculture, transport and waste management. These credits may be traded as internationally transferred mitigation outcomes (ITMOs).
- [Digital economy could contribute up to 7pc to GDP by 2030, highlights OICCI’s latest Digital Report](https://businessplus.com.pk/digital-economy-could-contribute-up-to-7pc-to-gdp-by-2030-highlights-oiccis-latest-digital-report/) - Pakistan’s digital economy has the potential to contribute 5–7 per cent to GDP by 2030 if key structural bottlenecks are addressed and reforms accelerated, according to the OICCI Digital Report 2025, which underscores the sector’s growing role as a driver of productivity, exports and financial inclusion. Digital economy could contribute up to 7pc to GDP by 2030, highlights OICCI’s latest Digital Report - The Overseas Investors Chamber of Commerce and Industry (OICCI) launched its flagship report, ‘Recommendations for Pakistan’s Digital Future’, presenting a comprehensive assessment of the country’s digital ecosystem, policy gaps and growth opportunities. Pakistan’s digital economy has the potential to contribute 5–7 per cent to GDP by 2030 if key structural bottlenecks are addressed and reforms accelerated, according to the OICCI Digital Report 2025, which underscores the sector’s growing role as a driver of productivity, exports and financial inclusion. The Overseas Investors Chamber of Commerce and Industry (OICCI) OICCI President Yousaf Hussain said the OICCI Digital Report reflects encouraging gains in digital finance and inclusion. Pakistan has made notable strides in digital payments and financial inclusion. The Raast instant payment system processed PKR 18 trillion in peer-to-peer transactions in FY26, demonstrating the rapid adoption of digital financial services,” he said, adding that infrastructure bottlenecks and regulatory delays continue to constrain the sector’s full potential.
- [CCP imposes Rs 265 Million aggregate Penalty on two Cable firms for resale Price maintenance](https://businessplus.com.pk/ccp-imposes-rs-265million-aggregate-penalty-on-two-cable-firms-for-resale-price-maintenance/) - The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 75 million on Newage Cables (Pvt.) Ltd. and Rs. 190.22 million on GM Cables & Pipes (Pvt.) Ltd, for engaging in Resale Price Maintenance (RPM) practices in violation of Section 4 of the Competition Act, 2010. CCP imposes Rs 265million aggregate Penalty on two Cable firms for resale Price maintenance - The enquiry found that Newage’s retail discount policy and dealership agreements prohibited dealers from selling products below prescribed discount levels, while GM Cables imposed similar restrictions through its rate control notices and related communications. The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 75 million on Newage Cables (Pvt.) Ltd. and Rs. 190.22 million on GM Cables & Pipes (Pvt.) Ltd, for engaging in Resale Price Maintenance (RPM) practices in violation of Section 4 of the Competition Act, 2010. The Commission conducted an enquiry upon receiving On enquiry committee’s recommendations, the Commission issued show cause notices to both undertakings for their alleged conduct restricting intra-brand price competition through vertical agreements establishing minimum resale prices. After hearing the parties and conducting a detailed analysis of the evidence, the Commission concluded that both undertakings had engaged in RPM practices constituting a restriction “by object” under Section 4 of the Act.
- [SECP mandates MUFAP membership to strengthen investor rotection](https://businessplus.com.pk/secp-mandates-mufap-membership-to-strengthen-investor-rotection/) - The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for all investment advisors and distributors of mutual and pension funds to obtain membership of the Mutual Funds Association of Pakistan (MUFAP). SECP mandates MUFAP membership to strengthen investor rotection - This step aims to reduce mis-selling, improve transparency, and give investors greater confidence that their financial interests are safeguarded. It will also provide a formal system for handling complaints and resolving disputes. The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for all investment advisors and distributors of mutual and pension funds to obtain membership of the Mutual Funds Association of Pakistan (MUFAP). The objective is to protect investors by ensuring that all market intermediaries follow a single Code of Conduct and operate under The requirement applies to Licensed Investment Advisors, Licensed Securities Advisors, and distributors working with Asset Management Companies and Pension Fund Managers. As a Self-Regulatory Organization, MUFAP will facilitate membership and ensure compliance across the industry. By bringing all advisors and distributors under one platform, the initiative will improve oversight, promote professional standards, and streamline market practices.
- [Spotify Introduces Artist Profile Protection Giving Artists More Control Over What Shows Up Under Their Name](https://businessplus.com.pk/spotify-introduces-artist-profile-protection-giving-artists-more-control-over-what-shows-up-under-their-name/) - For the first time on any music streaming service, Spotify is giving artists the ability to review, approve, or decline releases with the launch of Artist Profile Protection, an optional feature within Spotify for Artists, now in limited beta, offering a solution to a problem that has affected streaming for years. Spotify Introduces Artist Profile Protection Giving Artists More Control Over What Shows Up Under Their Name - On Spotify, protecting artist identity has become a top priority, and Artist Profile Protection takes care of that. It adds a review step before releases go live on an artist’s profile, helping artists stay in control of what music lists them as an artist on Spotify. ● Now in beta, this optional feature allows Artists to review eligible releases before they appear on their profile on Spotify. For the first time on any music streaming service, Spotify is giving artists the ability to review, approve, or decline releases with the launch of Artist Profile Protection, an optional feature within Spotify for Only the releases approved will appear on the artist’s profile, contribute to their stats, and show up in recommendations to their listeners. The feature is particularly beneficial in cases of repeated incorrect releases, common artist names, or when artists want greater control over what appears on their profile.
- [BYD Atto 3 Sets a New Standard with 30-Day Delivery in Pakistan](https://businessplus.com.pk/byd-atto-3-sets-a-new-standard-with-30-day-delivery-in-pakistan/) - BYD Pakistan-Mega Motor Company (MMC) introduced a limited time 30-day delivery commitment on BYD Atto 3. This was recently announced through a social media post on BYD Pakistan’s official pages, setting a new benchmark for vehicle delivery timelines in the automotive industry. BYD Atto 3 Sets a New Standard with 30-Day Delivery in Pakistan - At a time when extended waiting periods have become the norm across the automotive industry, this initiative reinforces BYD - MMC’s operational strength, supply chain readiness, and customer-first approach, delivering not just vehicles, but certainty. BYD Pakistan-Mega Motor Company (MMC) introduced a limited time 30-day delivery commitment on BYD Atto 3. This was recently announced through a social media post on BYD Pakistan’s official pages, setting a new benchmark for vehicle delivery timelines in the automotive industry. The offer is valid for customers who place confirmed bookings starting March 26, BYD has introduced this limited-time initiative - reinforcing its commitment to transparency and reliability, leading Pakistan’s transition toward New Energy Vehicles (NEVs).
- [LUMS Recognised as Top Pakistani University in Multiple Subjects in QS Rankings 2026](https://businessplus.com.pk/lums-recognised-as-top-pakistani-university-in-multiple-subjects-in-qs-rankings-2026/) - Lahore University of Management Sciences (LUMS) is ranked as the top Pakistani university in a range of subject areas in the QS World University Rankings by Subject 2026. It stands out as the leading business school in Pakistan and is among the few Pakistani universities placed in the 101–150 global band in a subject area, LUMS Recognised as Top Pakistani University in Multiple Subjects in QS Rankings 2026 - The rankings also highlight LUMS’ strength across a range of disciplines, including Business and Management, Accounting and Finance, and Social Sciences, where it is the highest-ranked Pakistani institution, and Economics, where it shares the top rank. Lahore University of Management Sciences (LUMS) is ranked as the top Pakistani university in a range of subject areas in the QS World University Rankings by Subject 2026. It stands out as the leading business school in Pakistan and is among the few Pakistani universities placed in the 101–150 global band in a subject area, QS subject rankings are based on several indicators, including academic reputation, employer reputation, research impact, and international collaboration. LUMS’ performance across disciplines this year reflects the strength of its faculty, the quality of its research, and the rigour of its academic programmes.
- [TETRA PAK® FACTORY OS™ WINS MIMA 2026 SCALE! AWARD FOR ENABLING COST-EFFICIENT GROWTH IN FOOD AND BEVERAGE MANUFACTURING](https://businessplus.com.pk/tetra-pak-factory-os-wins-mima-2026-scale-award-for-enabling-cost-efficient-growth-in-food-and-beverage-manufacturing/) - Tetra Pak has won the Microsoft Intelligent Manufacturing Award (MIMA) 2026 in the Scale! category for its next-generation automation and digital portfolio, Tetra Pak® Factory OS™. The Scale! award recognises intelligent industrial solutions leading the way in the breadth of value chains, clients or internal processes they impact, across different levels of maturity. TETRA PAK® FACTORY OS™ WINS MIMA 2026 SCALE! AWARD FOR ENABLING COST-EFFICIENT GROWTH IN FOOD AND BEVERAGE MANUFACTURING - The judges recognised Tetra Pak® Factory OS™ for its ability to help food and beverage producers expand output, introduce new products more quickly and reduce production costs in an increasingly challenging geopolitical and economic environment. Tetra Pak has won the Microsoft Intelligent Manufacturing Award (MIMA) 2026 in the Scale! category for its next-generation automation and digital portfolio, Tetra Pak® Factory OS™. The Scale! award recognises intelligent industrial solutions leading the way in the breadth of value chains, clients or internal processes they impact, across different levels of maturity. The judges Awais Bin Nasim, Managing Director of Tetra Pak Pakistan said, “Pakistan’s food and beverage industry holds significant growth potential, but challenges such as energy inefficiencies, supply disruptions, and fragmented data continue to constrain progress. As producers face growing pressure to do more with fewer resources, this award recognises the real-world impact of advanced automation in making factory data truly usable at scale. With Tetra Pak® Factory OS™, manufacturers can turn complexity into clarity—enabling real-time, data-driven decisions that boost efficiency, reduce waste, and build a strong foundation for AI-driven manufacturing.”
- [Fatima Fertilizer Joins the Multan Sultans Family](https://businessplus.com.pk/fatima-fertilizer-joins-the-multan-sultans-family/) - atima Fertilizer Company Limited, Pakistan’s leading fertilizer manufacturers, announced it’s partnership with the Multan Sultans as Title Sponsor for the Pakistan Super League (HBL-PSL). Fatima Fertilizer Joins the Multan Sultans Family - As Title Sponsor, Fatima Fertilizer’s logo will feature prominently on the back of the Multan Sultans jersey. Company Signs as Title Sponsor of Multan Sultans in a Historic Partnership Fatima Fertilizer Company Limited, Pakistan’s leading fertilizer manufacturers, announced it’s partnership with the Multan Sultans as Title Sponsor for the Pakistan Super League (HBL-PSL). The Memorandum of Understanding (MoU) was signed at a ceremony held at Pearl Continental Hotel, Lahore. As Title Sponsor, This sponsorship marks a meaningful homecoming for Fatima Fertilizer, rooted in the heart of South Punjab—the very region represented by the Multan Sultans
- [SECP licenses first Provincial government-owned life insurer](https://businessplus.com.pk/secp-licenses-first-provincial-government-owned-life-insurer/) - The Securities and Exchange Commission of Pakistan has granted a license to M/s Punjab Life Insurance Company Limited (PLIC), marking the establishment of Pakistan’s first provincial government-owned life insurance company. SECP licenses first Provincial government-owned life insurer - The Company will also provide innovative financial protection and savings solutions to the underserved segments, including the salaried class, small business owners, farmers, and daily wage workers. It will help expand coverage to low-income and vulnerable groups through sustainable insurance products. The Securities and Exchange Commission of Pakistan has granted a license to M/s Punjab Life Insurance Company Limited (PLIC), marking the establishment of Pakistan’s first provincial government-owned life insurance company. The Punjab Government, through this company, intends to efficiently manage its social health insurance programs. As per the business proposal, PLIC will work towards Insured-Pakistan, The Punjab Government, through this company, intends to efficiently manage its social health insurance programs. As per the business proposal, PLIC will work towards Insured-Pakistan, particularly the Insured Punjab objective, thus increasing the insurance penetration in Pakistan
- [Spotify Launches SongDNA: A New Feature That Reveals the Creative Connections Behind Every Track](https://businessplus.com.pk/spotify-launches-songdna-a-new-feature-that-reveals-the-creative-connections-behind-every-track/) - Spotify has introduced SongDNA, a new immersive feature designed to transform how listeners discover and engage with the music they love. Spotify Launches SongDNA: A New Feature That Reveals the Creative Connections Behind Every Track - Rolling out in beta to Premium users, SongDNA brings the stories behind songs to the forefront of the listening experience, allowing listeners to explore the writers, producers, and collaborators behind a track, as well as the samples and interpolations that shaped its sound, and the covers it inspired. Spotify has introduced SongDNA, a new immersive feature designed to transform how listeners discover and engage with the music they love. Rolling out in beta to Premium users, SongDNA brings the stories behind songs to the forefront of the listening experience, allowing listeners to explore the writers, producers, and collaborators behind a track, as well Integrated directly into the Now Playing view on mobile, SongDNA enables users to move beyond passive listening and dive deeper into the music they love through an interactive, discovery-led experience.
- [LCVs, Vans, Jeeps Manufacturing Records 24.04% Growth in 8 Months](https://businessplus.com.pk/lcvs-vans-jeeps-manufacturing-records-24-04-growth-in-8-months/) - The production of Light Commercial Vehicles (LCVs), vans and jeeps in the country rose by 24.04 percent during the first eight months of fiscal year 2025-26, reflecting the positive impact of government policies aimed at promoting industrial growth and import substitution. LCVs, Vans, Jeeps Manufacturing Records 24.04% Growth in 8 Months - A total of 28,944 LCVs, vans and jeeps were manufactured during July-February 2025-26. The production of Light Commercial Vehicles (LCVs), vans and jeeps in the country rose by 24.04 percent during the first eight months of fiscal year 2025-26, reflecting the positive impact of government policies aimed at promoting industrial growth and import substitution. A total of 28,944 LCVs, vans and jeeps were manufactured during July-February (2025-26), compared Car production witnessed a notable increase, surging to 104,652 units from 68,708 units in the corresponding period last year. Similarly, the output of motorcycles and three-wheelers rose by 31.20 percent, climbing to 1,266,481 units from 965,274 units, underscoring improved consumer demand and accessibility.
- [CCP enforces order, recovers Rs 40 million Penalty from UDPL, IBL](https://businessplus.com.pk/ccp-enforces-order-recovers-rs-40-million-penalty-from-udpl-ibl/) - The Competition Commission of Pakistan (CCP) has successfully enforced its order by recovering a cumulative penalty of Rs 40 million from United Distributors Pakistan Limited (UDPL) and International Brands (Private) Limited (IBL) for entering into an anti-competitive non-compete agreement in violation of Section 4 of the Competition Act, 2010. CCP enforces order, recovers Rs 40 million Penalty from UDPL, IBL - Under the agreement, UDPL agreed not to distribute human pharmaceutical products in Pakistan for a period of three years in exchange for a payment of Rs 1.131 billion from IBL. The Competition Commission of Pakistan (CCP) has successfully enforced its order by recovering a cumulative penalty of Rs 40 million from United Distributors Pakistan Limited (UDPL) and International Brands (Private) Limited (IBL) for entering into an anti-competitive non-compete agreement in violation of Section 4 of the Competition Act, 2010. The enforcement follows the upholding of The substantial payment was identified as a financial incentive to secure UDPL’s exit, thereby reducing competitive pressure, distorting market dynamics, and creating barriers to entry.
- [Qatar Airways Crowned World’s Best Full‑Service Airline for 2026](https://businessplus.com.pk/qatar-airways-crowned-worlds-best-full‑service-airline-for-2026/) - According to AirlineRatings.com, Doha-based Qatar Airways in first place and Hong Kong flagship carrier Cathay Pacific in second place. Qatar Airways Crowned World’s Best Full‑Service Airline for 2026 - Doha-based Qatar Airways in first place and Hong Kong flagship carrier Cathay Pacific in second place. AirlineRatings.com has been releasing its World’s Best Airlines ranking annually since 2014, and assessed around 370 airlines for its 2026 list. According to AirlineRatings.com, Doha-based Qatar Airways in first place and Hong Kong flagship carrier Cathay Pacific in second place. National carrier Singapore Airlines (SIA) has placed third in the World’s Best Full-Service Airlines ranking The top three carriers on the 2026 list of the World’s Best Hybrid Airlines are Lufthansa, Canadian airline WestJet and Virgin Australia.
- [BYD-MMC Delivers 100 Atto 2 Vehicles Across Pakistan in a Single Day](https://businessplus.com.pk/byd-mmc-delivers-100-atto-2-vehicles-across-pakistan-in-a-single-day/) - Mega Motor Company (MMC), the official partner of BYD in Pakistan, marked another milestone in the country’s growing New Energy Vehicle (NEV) market by delivering 100 Atto 2 vehicles to customers nationwide in a single day. BYD-MMC Delivers 100 Atto 2 Vehicles Across Pakistan in a Single Day - Designed for urban mobility, the BYD Atto 2 offers a practical and cost-efficient electric driving solution for consumers seeking an alternative to conventional fuel vehicles. At a time of rising fuel costs, the vehicle combines affordability with advanced technology, modern design, and everyday practicality, making electric mobility more accessible to a wider segment of drivers. Mega Motor Company (MMC), the official partner of BYD in Pakistan, marked another milestone in the country’s growing New Energy Vehicle (NEV) market by delivering 100 Atto 2 vehicles to customers nationwide in a single day. Building on the momentum of BYD’s earlier launches and deliveries in Pakistan, this nationwide delivery milestone reflects the increasing “Pakistan represents an important market in BYD’s global vision for new energy mobility. As we continue to expand our portfolio here, our focus remains on making advanced electric vehicle technology accessible to more customers while supporting the country’s transition toward cleaner and more sustainable transportation.”
- [PTML (Ufone) enters 5G race armed with the largest share of the global standard 3.5 GHz spectrum](https://businessplus.com.pk/ptml-ufone-enters-5g-race-armed-with-the-largest-share-of-the-global-standard-3-5-ghz-spectrum/) - Pakistani telecom operator, Pak Telecom Mobile Limited (PTML), operating as Ufone, has formally entered Pakistan’s 5G landscape armed with the largest share of the critical 3500 MHz frequency band, a global standard in 5G connectivity. Subject to regulatory approvals, the planned amalgamation of Telenor Pakistan into Ufone is expected to position the combined entity, MergeCo, as the largest spectrum holder in Pakistan’s telecom industry. PTML (Ufone) enters 5G race armed with the largest share of the global standard 3.5 GHz spectrum - PTML (Ufone) followed an aggressive 5G acquisition strategy to secure the largest share in the 3500 MHz band, which is the global benchmark for 5G, alongside an additional 60 MHz in the 2600 MHz band to deliver blazing fast data speeds and a consistently superior user experience. Pakistani telecom operator, Pak Telecom Mobile Limited (PTML), operating as Ufone, has formally entered Pakistan’s 5G landscape armed with the largest share of the critical 3500 MHz frequency band, a global standard in 5G connectivity. Subject to regulatory approvals, the planned amalgamation of Telenor Pakistan into Ufone is expected to position the combined entity, MergeCo, Post amalgamation, the MergeCo’s enhanced capacity will unlock a new generation of digital experiences, including seamless ultra-high-definition streaming, immersive cloud gaming, augmented and virtual reality applications, and faster access to a growing ecosystem of digital platforms and services serving both Individual and Corporate customers.
- [LUMS Awarded Major Grant to Establish Pakistan’s First National AI Hub, Launching with a Flagship Focus on Maternal, Newborn, and Child Health](https://businessplus.com.pk/lums-awarded-major-grant-to-establish-pakistans-first-national-ai-hub-launching-with-a-flagship-focus-on-maternal-newborn-and-child-health/) - Lahore University of Management Sciences (LUMS) has been awarded a major multi-year grant from the Gates Foundation to establish Pakistan’s first nationally coordinated Artificial Intelligence (AI) Hub. LUMS Awarded Major Grant to Establish Pakistan’s First National AI Hub, Launching with a Flagship Focus on Maternal, Newborn, and Child Health - The National AI Hub is significant because it brings together two of Pakistan’s leading research universities, LUMS and Aga Khan University (AKU), to address the critical challenge of maternal, newborn, and child health. LUMS will build on its longstanding expertise in artificial intelligence, language technologies, gender and technology research, and digital public health innovation, while AKU will serve as a key technical and clinical partner, contributing to the development of large maternal health datasets, providing clinical expertise, and supporting evaluation and field testing of AI-enabled interventions across diverse care settings. Lahore University of Management Sciences (LUMS) has been awarded a major multi-year grant from the Gates Foundation to establish Pakistan’s first nationally coordinated Artificial Intelligence (AI) Hub. The Hub will launch with a flagship focus on Maternal, Newborn, and Child Health (MNCH), one of the country’s most urgent public health priorities, while being designed as Pakistan continues to face some of the highest maternal and neonatal mortality rates in the region. Maternal mortality currently stands at 186 deaths per 100,000 live births, driven by limited access to quality antenatal, delivery, and postnatal care; shortages of skilled health workers; weak referral systems; and delays in managing critical complications such as hemorrhage, eclampsia, and sepsis. These challenges are further compounded by language and literacy barriers, fragmented health data systems, and social and economic constraints that delay timely care.
- [SBP Announces Eid Holidays: Banks Shut Friday to Monday](https://businessplus.com.pk/sbp-announces-eid-holidays-banks-shut-friday-to-monday/) - The State Bank of Pakistan (SBP) and all the banks and financial institutions will remain closed for 4 consecutive days from 20 to 23 March, 2026 on account of Eid-ul-Fitr, Sunday and Pakistan Day. SBP Announces Eid Holidays: Banks Shut Friday to Monday - The central bank’s Banking Policy and Regulations Department has earlier circulated that the State Bank of Pakistan will remain closed on 20th and 21st March, 2026 (Friday and Saturday) being public holidays on the occasion of Eid-ul-Fitr. The State Bank of Pakistan (SBP) and all the banks and financial institutions will remain closed for 4 consecutive days from 20 to 23 March, 2026 on account of Eid-ul-Fitr, Sunday and Pakistan Day. The SBP, through a press statement issued here on Tuesday, announced that the State Bank of Pakistan will remain closed on All commercial banks, Development Finance Institutions, and Micro Finance Banks will observe the 2-day Eid holiday, followed by a weekly off day on the Sunday while the upcoming Monday March 23, 2026 will also be a holiday on account of the Pakistan Day.
- [Large-scale manufacturing grows by 10.54pc](https://businessplus.com.pk/large-scale-manufacturing-grows-by-10-54pc/) - The output of the Large Scale Manufacturing Industries (LSMI) recorded a growth of 10.54 per cent during the month of January 2026 as compared to the same month of last year, the Pakistan Bureau of Statistics (PBS) reported. Large-scale manufacturing grows by 10.54pc - The large-scale manufacturing sector posted a growth of 5.75 per cent during the period July–January 2025-26. The output of the Large Scale Manufacturing Industries (LSMI) recorded a growth of 10.54 per cent during the month of January 2026 as compared to the same month of last year, the Pakistan Bureau of Statistics (PBS) reported. On a month-on-month basis, the LSMI production in January 2026 increased by 12.08 per cent when compared The main contributors towards overall growth of 5.75% are Food (0.58), Tobacco (0.16), Textile (0.28) Garments (1.34), Paper & Board (-0.04), Petroleum Products (0.85), Chemicals (-0.11), Pharmaceuticals (-0.29), Cement (0.64), Iron & Steel Products (-0.22), Electrical Equipment (0.25), Machinery and Equipment (-0.07), Automobiles (1.61), Other transport Equipment (0.24), and Furniture (0.18).
- [Current Account records $427 million surplus in February 2026: SBP](https://businessplus.com.pk/current-account-records-427-million-surplus-in-february-2026-sbp/) - Pakistan’s External Current Account Balance recorded a surplus of US$ 427 million in February 2026 following to a surplus of $ 68 million in January 2026. Current Account records $427 million surplus in February 2026: SBP - The cumulative balance in trade of goods during July-February 2025-26 recorded a deficit of $ 21,082 million, according to the provisional figures released by the central bank. Pakistan’s External Current Account Balance recorded a surplus of US$ 427 million in February 2026 following to a surplus of $ 68 million in January 2026. However, during the first eight months of fiscal year 2025-26, the Current Account Balance posted a deficit of $ 700 million in comparison to a surplus of $ 479 Balance on trade of services during July-February FY26 has recorded a deficit of $ 2,137 million.
- [Saigol demands abolition of export cargo charge by Gerry’s Dnata](https://businessplus.com.pk/saigol-demands-abolition-of-export-cargo-charge-by-gerrys-dnata/) - Lahore Chamber of Commerce and Industry (LCCI) President Faheem ur Rehman Saigol has expressed serious concern over the imposition of a Rs. 50 per kilogram charge on export cargo by Gerry’s Dnata, terming the move unjustified and harmful for Pakistan’s already struggling export sector, and called for its immediate and permanent abolition. Saigol demands abolition of export cargo charge by Gerry’s Dnata - Air Cargo Agents Association of Pakistan (ACAAP) has conveyed serious concerns to him regarding the sudden and unilateral imposition of the charge, highlighting that the decision has created widespread anxiety among freight forwarders, cargo agents and exporters across the country. Lahore Chamber of Commerce and Industry (LCCI) President Faheem ur Rehman Saigol has expressed serious concern over the imposition of a Rs. 50 per kilogram charge on export cargo by Gerry’s Dnata, terming the move unjustified and harmful for Pakistan’s already struggling export sector, and called for its immediate and permanent abolition. Air Cargo Agents Faheem ur Rehman Saigol said that exporters are currently operating under extremely challenging conditions, including high energy tariffs, rising transportation expenses, volatile global demand and increasing compliance costs. He added that any additional financial burden in the logistics chain would directly translate into higher export costs, making Pakistani products less competitive in international markets.
- [LUMS Energy Institute Technical Report Charts Pakistan’s Path to a Fully Decarbonised Electricity System by 2040](https://businessplus.com.pk/lums-energy-institute-technical-report-charts-pakistans-path-to-a-fully-decarbonised-electricity-system-by-2040/) - A new technical study released by the LUMS Energy Institute (LEI) concludes that Pakistan can transition to a clean and largely fossil-free electricity system by 2040 while maintaining affordability, reliability, and long-term energy security. LUMS Energy Institute Technical Report Charts Pakistan’s Path to a Fully Decarbonised Electricity System by 2040 - Titled ‘The Net Zero Transition: A Pathway to Clean and Sustainable Electricity by 2040’, the report is based on detailed power system modelling, demand projections, generation optimisation, and transmission analysis, making it one of the most comprehensive system studies undertaken on Pakistan’s electricity sector. A new technical study released by the LUMS Energy Institute (LEI) concludes that Pakistan can transition to a clean and largely fossil-free electricity system by 2040 while maintaining affordability, reliability, and long-term energy security. Titled ‘The Net Zero Transition: A Pathway to Clean and Sustainable Electricity by 2040’, the report is based on detailed power The analysis shows that share of fossil fuel generation, which currently accounts for nearly half of electricity generation, could effectively be reduced to below one percent by 2040 through renewable energy expansion, energy storage deployment, and grid modernisation. The transition pathway is projected to avoid approximately 78 million tons of carbon emissions, positioning the power sector as a central driver of Pakistan’s climate objectives.
- [HBL PSL 11 Trophy unveiled](https://businessplus.com.pk/hbl-psl-11-trophy-unveiled/) - The trophy of the HBL Pakistan Super League 11 was unveiled in a ceremony held at the National Bank Stadium in Karachi, marking the beginning of a new era for the country’s marquee T20 tournament. HBL PSL 11 Trophy unveiled - The trophy designed and manufactured by Hanif Jewellers, has been handcrafted by 18 master artisans who devoted more than 2,600 hours to complete the masterpiece. The trophy of the HBL Pakistan Super League 11 was unveiled in a ceremony held at the National Bank Stadium in Karachi, marking the beginning of a new era for the country’s marquee T20 tournament. The unveiling ceremony was attended by HBL PSL Chief Executive Officer Salman Naseer, representatives of all eight teams, officials from At the base of the trophy, eight emerald-cut Gemstones represent the colours of the eight HBL PSL franchises, symbolising the pride of the cities they represent. The tall structure of the trophy signifies discipline, determination and teamwork required to reach the pinnacle of the competition, while the Crescent and Star at the top reflect unity, hope and national pride. The trophy is adorned with more than 1,600 Gemstones.
- [Banking Shakeup: Citi, StanChart Exit Dubai Offices, HSBC Retreats from Qatar](https://businessplus.com.pk/banking-shakeup-citi-stanchart-exit-dubai-offices-hsbc-retreats-from-qatar/) - Citigroup and Standard Chartered have begun evacuating their Dubai offices, telling staff to work from home instead, sources said on Wednesday (Mar 11), as banks step up precautions after Iran threatened Gulf banking interests linked to the US and Israel. Banking Shakeup: Citi, StanChart Exit Dubai Offices, HSBC Retreats from Qatar - US financial giant Citigroup told its staff to evacuate offices in the Dubai International Financial Centre (DIFC) and Dubai’s Oud Metha neighbourhood, a memo sent to employees which was seen by Reuters shows, telling them to work from home until further notice. The moves come after Iran threatened to target US and Israeli banks in the Gulf region Citigroup and Standard Chartered have begun evacuating their Dubai offices, telling staff to work from home instead, sources said on Wednesday (Mar 11), as banks step up precautions after Iran threatened Gulf banking interests linked to the US and Britain’s StanChart has a large presence in the United Arab Emirates, with Dubai now a major financial hub for leading international lenders including JPMorgan and HSBC, as well as law firms and asset managers.
- [SBP allows import of crude oil, petroleum products on CIF basis](https://businessplus.com.pk/sbp-allows-import-of-crude-oil-petroleum-products-on-cif-basis/) - The State Bank of Pakistan (SBP), Wednesday, allowed import of crude oil and petroleum products on CIF (Cost, Insurance and Freight) basis for two months, in a bid to ease import of major fuel products for meeting the country’s requirements. SBP allows import of crude oil, petroleum products on CIF basis - “In view of the prevailing situation and critical importance of crude oil and petroleum products for the country, it has been decided to allow import of Crude Oil/ Petroleum Products on CIF basis for a period of sixty (60) days from the date of issuance of this circular letter,” a circular letter issued by the SBP’s Exchange Policy Department (EPD) stated. The State Bank of Pakistan (SBP), allowed import of crude oil and petroleum products on CIF (Cost, Insurance and Freight) basis for two months, in a bid to ease import of major fuel products for meeting the country’s requirements. The Para 5 of chapter 13 of the Foreign Exchange Manual specifies permissible Incoterms for import According to the para, imports could be made on FOB, FCA, FAS, CFR and CPT basis while prior permission of the central bank was required for import of goods on other incoterms.
- [Cars’ sale, production surge 45.53%, 52.31% in 8 months](https://businessplus.com.pk/cars-sale-production-surge-45-53-52-31-in-8-months/) - The sale and production of cars in the country increased by 45.53 percent and 52.31 percent, respectively, during the first eight months of the current fiscal year 2025–26 compared to the same period last year, demonstrating a revival in economic activity and growing consumer confidence in the automobile market. Cars’ sale, production surge 45.53%, 52.31% in 8 months - Toyota Corolla and Toyota Yaris grew by 75.70 percent to reach 23,900 units. The sale and production of cars in the country increased by 45.53 percent and 52.31 percent, respectively, during the first eight months of the current fiscal year 2025–26 compared to the same period last year, demonstrating a revival in economic activity and growing consumer confidence in the automobile market. During July–February (2025-26), as many as The sale of Suzuki Swift also recorded a substantial growth of 99.33 percent, increasing from 5,295 units to 10,555 units. Hyundai Elantra sales also climbed to 1,743 units from 965 units, indicating a rising consumer preference for mid-sized sedans in the local market.
- [PTML Acquires 5G Spectrum to Power Pakistan’s Next Generation Digital Economy](https://businessplus.com.pk/ptml-acquires-5g-spectrum-to-power-pakistans-next-generation-digital-economy/) - Pak Telecom Mobile Limited (PTML), operating under the brand name Ufone, alongside its digital telecom brand onic, and a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL), has successfully acquired 5G spectrum in the Pakistan Telecommunication Authority’s (PTA) 5G spectrum auction held in Islamabad. PTML Acquires 5G Spectrum to Power Pakistan’s Next Generation Digital Economy - This milestone marks a significant step toward unlocking the next phase of Pakistan’s digital transformation by enabling faster connectivity, ultra-low latency services, and the creation of entirely new digital experiences for consumers, businesses, and industries. Pak Telecom Mobile Limited (PTML), operating under the brand name Ufone, alongside its digital telecom brand onic, and a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL), has successfully acquired 5G spectrum in the Pakistan Telecommunication Authority’s (PTA) 5G spectrum auction held in Islamabad. This milestone marks a significant step toward unlocking the next For consumers, 5G will deliver seamless ultra-high-definition video streaming, immersive cloud gaming, augmented and virtual reality experiences, and faster access to digital services and entertainment.
- [Pakistan officially kicks off 5G Spectrum auction](https://businessplus.com.pk/pakistan-officially-kicks-off-5g-spectrum-auction/) - Pakistan formally launched the auction for 5G spectrum, marking the beginning of a new phase in the country’s digital connectivity. Pakistan officially kicks off 5G Spectrum auction - The PTA has offered around 600 megahertz of spectrum for bidding as part of the plan to introduce 5G services in the country. Pakistan formally launched the auction for 5G spectrum, marking the beginning of a new phase in the country’s digital connectivity. The auction was inaugurated by Finance Minister Muhammad Aurangzeb, Minister for Information Technology and Telecommunication Shaza Fatima Khawaja and Information Minister Attaullah Tarar, along with the chairman of the Pakistan Telecommunication Authority (PTA). Three telecom The first round of Pakistan’s 5G spectrum auction has been completed. According to the Director General Licensing, in the first phase, a total of 190 MHz of spectrum in the 2600 MHz band was offered for bidding.
- [SBP Keeps Policy Rate Steady at 10.5% Amid Middle East Tensions](https://businessplus.com.pk/sbp-keeps-policy-rate-steady-at-10-5-amid-middle-east-tensions/) - The incoming data, though, was largely consistent with the January 26 macroeconomic projections and initial assessment of the situation indicated that FY-26 outlook for key variables is within the earlier projected ranges; the Monetary Policy Committee (MPC), in its meeting here at SBP, deemed it appropriate to keep the policy rate unchanged at 10.5%, observing the uncertainties in the macroeconomic outlook ‘following the outbreak of the war in the Middle East’. SBP Keeps Policy Rate Steady at 10.5% Amid Middle East Tensions - The incoming data, though, was largely consistent with the January 26 macroeconomic projections and initial assessment of the situation indicated that FY26 outlook for key variables is within the earlier projected ranges; the Monetary Policy Committee (MPC), in its meeting here at SBP, deemed it appropriate to keep the policy rate unchanged at 10.5%, observing the uncertainties in the macroeconomic outlook ‘following the outbreak of the war in the Middle East’. The State Bank of Pakistan (SBP), kept the policy rate unchanged at 10.5 percent in view of the evolving geopolitical situation in the Middle East and its subsequent macroeconomic implications. The incoming data, though, was largely consistent with the January 26 macroeconomic projections and initial assessment of the situation indicated that FY-26 outlook for key The Committee noted that lower budgetary borrowing, along with liquidity generated through the recent CRR reduction, has created space for greater private sector lending. Consequently, PSC expanded by Rs790 billion up to February 20, reflecting growth in both working capital and fixed investment. Credit especially increased to textiles, wholesale and retail trade, and chemicals, whereas consumer financing continued to increase as well.
- [Fatima Fertilizer Launches “Sarsabz Tabeer: Seeds of Change” Campaign on International Women’s Day to Celebrate Women in Agriculture](https://businessplus.com.pk/fatima-fertilizer-launches-sarsabz-tabeer-seeds-of-change-campaign-on-international-womens-day-to-celebrate-women-in-agriculture/) - In celebration of International Women’s Day, Fatima Fertilizer Company Limited has launched its “Sarsabz Tabeer: Seeds of Change” DVC, paying tribute to the extraordinary women who are shaping the future of agriculture in Pakistan. Fatima Fertilizer Launches “Sarsabz Tabeer: Seeds of Change” Campaign on International Women’s Day to Celebrate Women in Agriculture - The campaign recognizes the resilience, strength, and unwavering dedication of women working across the agricultural value chain; women whose contributions have long nourished communities and sustained the land despite social and economic challenges. In celebration of International Women’s Day, Fatima Fertilizer Company Limited has launched its “Sarsabz Tabeer: Seeds of Change” DVC, paying tribute to the extraordinary women who are shaping the future of agriculture in Pakistan. The campaign recognizes the resilience, strength, and unwavering dedication of women working across the agricultural value chain; women whose contributions have Through powerful storytelling, “Seeds of Change” highlights the often-unseen role of rural women as farmers, entrepreneurs, caregivers, and agents of change driving agricultural progress.
- [Emirates Media Statement – 7 March](https://businessplus.com.pk/emirates-media-statement-7-march/) - Emirates is operating a reduced flight schedule while working to restore full network operations. The airline anticipates a return to 100% of its network within the coming days, subject to airspace availability and the fulfilment of all operational requirements. Emirates Media Statement – 7 March - By today, 7 March, Emirates will have 106 return daily flights operating to 83 destinations, representing almost 60% of our route network. “Following the partial re-opening of regional airspace, Emirates is operating a reduced flight schedule while working to restore full network operations. The airline anticipates a return to 100% of its network within the coming days, subject to airspace availability and the fulfilment of all operational requirements. Safety, as ever, remains paramount as is our duty Emirates has significantly scaled up its operations. In the UK alone, the airline will be operating 11 daily flights across five airports by 7 March, reflecting the strength of travel demand between the UAE and UK.
- [PTCL & Ufone Applaud Pakistan Hockey Team’s Historic World Cup Qualification](https://businessplus.com.pk/ptcl-ufone-applaud-pakistan-hockey-teams-historic-world-cup-qualification/) - Pakistan Telecommunication Company Limited (PTCL) and Ufone congratulate the Pakistan national hockey team on securing qualification for the FIH Hockey World Cup 2026 after a thrilling victory over Japan in the semifinals of the qualifiers. PTCL & Ufone Applaud Pakistan Hockey Team’s Historic World Cup Qualification - The landmark achievement marks Pakistan’s strong return to the prestigious global tournament after eight years and represents a significant step forward in the revival of the country’s national sport. Backing the team before the victories, PTCL and Ufone celebrate Pakistan’s return to the FIH Hockey World Cup after eight years Pakistan Telecommunication Company Limited (PTCL) and Ufone congratulate the Pakistan national hockey team on securing qualification for the FIH Hockey World Cup 2026 after a thrilling victory over Japan in the semifinals of the PTCL and Ufone extended their support well before major victories came, demonstrating strong belief in the potential of the team and the enduring legacy of Pakistan hockey.
- [BYD Unveils 2nd Generation Blade Battery and FLASH Charging Technology](https://businessplus.com.pk/byd-unveils-2nd-generation-blade-battery-and-flash-charging-technology/) - BYD today unveiled the 2nd Generation Blade Battery and FLASH Charging Technology, directly addressing two of the most persistent obstacles for electric vehicles: slow charging speeds and poor low-temperature charging performance. BYD Unveils 2nd Generation Blade Battery and FLASH Charging Technology - BYD sets a new world record for charging speed, going from 10% to 70% State of Charge (SOC) in just 5 minutes, meanwhile reaching 97% in only 9 minutes. Even in extreme low temperatures, such as -30°C, the charging duration from 20% to 97% increases by merely 3 minutes compared to room temperature. BYD today unveiled the 2nd Generation Blade Battery and FLASH Charging Technology, directly addressing two of the most persistent obstacles for electric vehicles: slow charging speeds and poor low-temperature charging performance. With these breakthroughs, BYD sets a new world record for charging speed, going from 10% to 70% State of Charge (SOC) in just 5 BYD announced its infrastructure roadmap, with plans to construct 20,000 FLASH Charging Stations across China, and to begin rollout globally at scale by the end of 2026.
- [SECP registers 3,444 new companies in February; total reaches to 287,049](https://businessplus.com.pk/secp-registers-3444-new-companies-in-february-total-reaches-to-287049/) - The Securities and Exchange Commission of Pakistan (SECP) registered 3,444 new companies in February, bringing the total number of registered companies in the country to 287,049, reflecting continued growth in Pakistan’s corporate sector. SECP registers 3,444 new companies in February; total reaches to 287,049 - Private limited companies accounted for 59 percent of the new registrations, followed by single-member companies at 38 percent. The remaining 3 percent comprised public unlisted companies, not-for-profit organizations, limited liability partnerships, and foreign companies. The Securities and Exchange Commission of Pakistan (SECP) registered 3,444 new companies in February, bringing the total number of registered companies in the country to 287,049, reflecting continued growth in Pakistan’s corporate sector. Private limited companies accounted for 59 percent of the new registrations, followed by single-member companies at 38 percent. The remaining 3 percent The primary destinations for foreign investment were the mining and quarrying, trading, and information technology sectors, indicating sustained international interest in Pakistan’s natural resources, commercial markets, and expanding digital economy.
- [Global Trade Hit as Maersk Halts Routes in Middle East Crisis](https://businessplus.com.pk/global-trade-hit-as-maersk-halts-routes-in-middle-east-crisis/) - The Danish group said in a statement it would halt its FM1 service connecting the Far East to the Middle East and its ME11 service linking the Middle East to Europe. Global Trade Hit as Maersk Halts Routes in Middle East Crisis - The Danish group said in a statement it would halt its FM1 service connecting the Far East to the Middle East and its ME11 service linking the Middle East to Europe. Maersk, one of the world’s biggest container shipping groups,said on Friday (Mar 6) it has temporarily suspended two services linking the Middle East to Asia and Europe as the Iran conflict continues to disrupt global supply chains. The Danish group said in a statement it would halt its FM1 service connecting the Far East to “This decision has been taken as a precautionary measure to ensure the safety of our personnel and vessels while minimising operational disruption across our wider network,” Maersk said in an advisory to customers.
- [Pakistan’s total liquid foreign reserves increase to $ 21.43 billion](https://businessplus.com.pk/pakistans-total-liquid-foreign-reserves-increase-to-21-43-billion/) - The total liquid foreign reserves of Pakistan rose to US$ 21,433.9 million as of February 27, 2026 while the reserves held by the State Bank of Pakistan also increased to $ 16,300 million. Pakistan’s total liquid foreign reserves increase to $ 21.43 billion - “During the week ended on 27-Feb-2026, SBP’s FX reserves increased by US$ 87 million to US$ 16,300.0 million,” the central bank reported on Thursday in its weekly statement on the position of liquid foreign reserves. The total liquid foreign reserves of Pakistan rose to US$ 21,433.9 million as of February 27, 2026 while the reserves held by the State Bank of Pakistan also increased to $ 16,300 million. “During the week ended on 27-Feb-2026, SBP’s FX reserves increased by US$ 87 million to US$ 16,300.0 million,” the central bank reported Total liquid foreign reserves held by the country in the previous week ended on February 20, 2026 were $ 21,407.7 million. Among them the State Bank of Pakistan held foreign exchange reserves of $ 16,212.9 million while the commercial banks held reserves equaling to $ 5,194.8 million.
- [Emirates media statement](https://businessplus.com.pk/emirates-media-statement/) - Emirates can confirm that it is currently operating a reduced flight schedule until further notice. This follows the partial re-opening of regional airspace for the safe conduct of commercial flights. Emirates media statement - For 5 and 6 March, over 100 flights will depart from Dubai and return. These flights will carry people eager to reach their final destinations, as well as essential cargo like perishables and pharmaceuticals. Emirates can confirm that it is currently operating a reduced flight schedule until further notice. This follows the partial re-opening of regional airspace for the safe conduct of commercial flights. For 5 and 6 March, over 100 flights will depart from Dubai and return. These flights will carry people eager to reach their final destinations, Emirates will continue to gradually build back its flying schedule, subject to airspace availability and all operational requirements being met. Safety is always our top priority.
- [Lucky investments achieve asset manager rating upgrade twice in a year](https://businessplus.com.pk/lucky-investments-achieve-asset-manager-rating-upgrade-twice-in-a-year/) - Lucky Investments Limited (“Lucky Investments”) rating has been upgraded to AM2++ with a Stable Outlook by the Pakistan Credit Rating Agency Limited (PACRA). Lucky investments achieve asset manager rating upgrade twice in a year - The upgrade reflects the Company’s strong sponsor backing, sound governance framework, experienced leadership, disciplined investment processes, robust risk management systems, diversified product portfolio, and continued digital innovation. Lucky Investments Limited (“Lucky Investments”) rating has been upgraded to AM2++ with a Stable Outlook by the Pakistan Credit Rating Agency Limited (PACRA). The upgrade reflects the Company’s strong sponsor backing, sound governance framework, experienced leadership, disciplined investment processes, robust risk management systems, diversified product portfolio, and continued digital innovation. Since commencing operations in April Since commencing operations in April 2025, Lucky Investments has crossed Rs130 billion in Assets Under Management (AUM), achieving over 6% market share in the Islamic asset management segment and approximately 3% share of the overall industry within just ten months — marking it one of the fastest growing AMCs in Pakistan which is reflective of investor confidence across both retail and institutional segments.
- [Mobile phone imports surge 31.36% to $1.139 bln](https://businessplus.com.pk/mobile-phone-imports-surge-31-36-to-1-139-bln/) - The import of mobile phones into the country increased by 31.36 percent during the first seven months of the current fiscal year (2025-26) as compared to the corresponding period of last year. Mobile phone imports surge 31.36% to $1.139 bln - Pakistan imported mobile phones worth US $ 1139.811 million during July-January 2025-26. The import of mobile phones into the country increased by 31.36 percent during the first seven months of the current fiscal year (2025-26) as compared to the corresponding period of last year. Pakistan imported mobile phones worth US $ 1139.811 million during July-January (2025-26) against the imports of US $ 867.685 million during July-January (2024-25), The import of mobiles into the country during January 2026 was recorded at $ 179.380 million.
- [CCP Calls for Long-Term Auto Policy and Financing Reforms to Boost Competition](https://businessplus.com.pk/ccp-calls-for-long-term-auto-policy-and-financing-reforms-to-boost-competition/) - The Competition Commission of Pakistan (CCP) has released a comprehensive report, “The Road to Fair Competition– A Study of Pakistan’s Automobile Industry,” highlighting structural and regulatory challenges in the sector and recommending wide-ranging reforms, including a long-term policy road-map, improved vehicle financing, and removal of regulatory distortions to foster competition and efficiency. CCP Calls for Long-Term Auto Policy and Financing Reforms to Boost Competition - The automobile industry remains a cornerstone of Pakistan’s economy, contributing around 2.8 percent to GDP and employing more than 215,000 people directly. As a key segment of Large-Scale Manufacturing, it plays an important role in industrial growth, technology transfer, and domestic value addition, particularly in the passenger car segment, including emerging electric vehicles The Competition Commission of Pakistan (CCP) has released a comprehensive report, “The Road to Fair Competition– A Study of Pakistan’s Automobile Industry,” highlighting structural and regulatory challenges in the sector and recommending wide-ranging reforms, including a long-term policy road-map, improved vehicle financing, and removal of regulatory distortions to foster competition and efficiency. The automobile industry The CCP study finds that despite successive policy interventions, the passenger car market remains concentrated in several engine categories due to high entry barriers, capital-intensive requirements, and regulatory complexities. While past protectionist policies helped establish domestic manufacturing, prolonged tariff protections and localization measures have not consistently translated into competitive outcomes or export-led growth.
- [PC Board Pushes for FFC’s Inclusion in AHCL-Led Consortium to CCoP](https://businessplus.com.pk/pc-board-pushes-for-ffcs-inclusion-in-ahcl-led-consortium-to-ccop/) - The Privatisation Commission (PC) Board recommended to the Cabinet Committee on Privatisation (CCoP) approval of inclusion of Fauji Fertilizer Company Limited (FFC) in the consortium led by Arif Habib Corporation Limited (AHCL), the successful bidder for Pakistan International Airlines Corporation Limited (PIACL). The meeting was held under the chairmanship of Muhammad Ali, Adviser to the PC Board Pushes for FFC’s Inclusion in AHCL-Led Consortium to CCoP - The proposed inclusion of FFC in the consortium is subject to approval by the Cabinet Committee on Privatisation (CCoP) / Federal Cabinet, as required under the applicable framework. The Privatisation Commission (PC) Board recommended to the Cabinet Committee on Privatisation (CCoP) approval of inclusion of Fauji Fertilizer Company Limited (FFC) in the consortium led by Arif Habib Corporation Limited (AHCL), the successful bidder for Pakistan International Airlines Corporation Limited (PIACL). The meeting was held under the chairmanship of Muhammad Ali, Adviser to the The PC Board, after due review, endorsed the nomination and confirmed that FFC fulfils the applicable eligibility and regulatory requirements.
- [Mobilink Bank, SEDF join forces to offer inclusive MSME financing for Sindh’s growth sectors](https://businessplus.com.pk/mobilink-bank-sedf-join-forces-to-offer-inclusive-msme-financing-for-sindhs-growth-sectors/) - Pakistan’s leading digital microfinance bank, Mobilink Bank, has entered into a five-year partnership with Sindh Enterprise Development Fund (SEDF), Government of Sindh, to expand access to structured financing for micro, small, and medium enterprises (MSMEs) across priority economic sectors in the province. Mobilink Bank, SEDF join forces to offer inclusive MSME financing for Sindh’s growth sectors - The collaboration will unlock up to PKR 1 billion in financing by combining Mobilink Bank’s lending capabilities with SEDF’s markup subsidy support to reduce the cost of capital for entrepreneurs and stimulate sustainable economic activity province-wide. Pakistan’s leading digital microfinance bank, Mobilink Bank, has entered into a five-year partnership with Sindh Enterprise Development Fund (SEDF), Government of Sindh, to expand access to structured financing for micro, small, and medium enterprises (MSMEs) across priority economic sectors in the province. The collaboration will unlock up to PKR 1 billion in financing by combining Under the partnership, Mobilink Bank will extend short, medium, and long-term MSME financing, while SEDF will provide markup subsidy support of up to one-year KIBOR or 10 percent - whichever is lower - for an initial three-year period, extendable based on performance. Individual projects will be eligible for financing of up to PKR 5 million, with flexibility for expansion in innovative cases.
- [Middle East Airports Close Amid Iran Conflict, Causing Global Travel Chaos](https://businessplus.com.pk/middle-east-airports-close-amid-iran-conflict-causing-global-travel-chaos/) - Travel chaos extended through the Middle East and beyond, sending airline stocks sharply lower on Monday (Mar 2), as carriers across the Persian Gulf extended blanket flight suspensions, causing major disruptions at some of the world’s busiest airports. Middle East Airports Close Amid Iran Conflict, Causing Global Travel Chaos - Emirates, the world’s largest international airline, halted all operations to and from Dubai until 3 pm local time on Monday and warned of disruptions till Thursday. With air services suspended, the carefully choreographed system of global aviation faces unprecedented disruption. Travel chaos extended through the Middle East and beyond, sending airline stocks sharply lower on Monday (Mar 2), as carriers across the Persian Gulf extended blanket flight suspensions, causing major disruptions at some of the world’s busiest airports. Emirates, the world’s Abu Dhabi Airport said that one person died and several were injured overnight after the emirate intercepted an Iranian drone. Dubai’s main airport, the world’s busiest international hub, reported damage to a concourse that injured four staff members.
- [PBF for reforms to promote cash-flow-based lending for SME growth](https://businessplus.com.pk/pbf-for-reforms-to-promote-cash-flow-based-lending-for-sme-growth/) - Pakistan Business Forum (PBF) urged policy-makers and financial regulators to introduce prudential regulations to encourage cash-flow-based lending and unlock the immense potential of Pakistan’s small and medium enterprise (SME) sector. PBF for reforms to promote cash-flow-based lending for SME growth - According to PBF data, he said, private sector financing in Pakistan stands at approximately 6.5 percent of GDP, reflecting a structural weakness in financial intermediation. The number of SME borrowers is estimated at around 295,000, with outstanding SME financing at approximately Rs 686 billion that is far below the potential, and indicative of vast untapped opportunities. Pakistan Business Forum (PBF) urged policy-makers and financial regulators to introduce prudential regulations to encourage cash-flow-based lending and unlock the immense potential of Pakistan’s small and medium enterprise (SME) sector. PBF President Khawaja Mehboob-ur-Rehman, while talking to a traders/SMEs delegation here, stated that Pakistan’s future prosperity will not come from a handful of large corporations PBF President Khawaja Mehboob-ur-Rehman, while talking to a traders/SMEs delegation here, stated that Pakistan’s future prosperity will not come from a handful of large corporations but from hundreds of thousands of small enterprises, which produce, innovate and employ. “If we want truly inclusive and sustainable growth, empowering SMEs is not optional; it is essential,” he remarked.
- [Abbottabad District Administration Fines Alkaram Studio, Stylo Shoes & Clive Cosmetics Over Consumer Law Breach](https://businessplus.com.pk/abbottabad-district-administration-fines-alkaram-studio-stylo-shoes-clive-cosmetics-over-consumer-law-breach/) - Alkaram Studio was fined Rs. 50,000 for charging customers for branded shopping bags, while Stylo Shoes and Clive Cosmetics were penalized for selling products without clearly mentioning manufacturing and expiry dates. Officials reiterated that charging for logo-printed shopping bags and selling items without MFG and expiry details are punishable offenses under the law. Abbottabad District Administration Fines Alkaram Studio, Stylo Shoes & Clive Cosmetics Over Consumer Law Breach - Alkaram Studio was fined Rs. 50,000 for charging customers for branded shopping bags, while Stylo Shoes and Clive Cosmetics were penalized for selling products without clearly mentioning manufacturing and expiry dates. Following the directives of the Deputy Commissioner Abbottabad, the district administration Friday has stepped up its price control and consumer protection operations across the district, particularly during the holy month of Ramazan under the Provincial Government’s Good Governance Roadmap. Assistant Director Consumer Protection Farhat Khan took action against several well-known brands for violations of consumer Officials reiterated that charging for logo-printed shopping bags and selling items without MFG and expiry details are punishable offenses under the law.
- [Pakistan’s total liquid foreign reserves rise to $ 21.41 billion](https://businessplus.com.pk/pakistans-total-liquid-foreign-reserves-rise-to-21-41-billion/) - The total liquid foreign reserves of Pakistan increased to US$ 21,407.7 million as of February 20, 2026 while the reserves held by the State Bank of Pakistan slightly rose to $ 16,212.9 million. Pakistan’s total liquid foreign reserves rise to $ 21.41 billion - “During the week ended on 20-Feb-2026, SBP’s FX reserves increased by US$ 16 million to US$ 16,212.9 million,” the central bank reported on Thursday in its weekly statement on the position of liquid foreign reserves. The total liquid foreign reserves of Pakistan increased to US$ 21,407.7 million as of February 20, 2026 while the reserves held by the State Bank of Pakistan slightly rose to $ 16,212.9 million. “During the week ended on 20-Feb-2026, SBP’s FX reserves increased by US$ 16 million to US$ 16,212.9 million,” the central bank reported Among them the State Bank of Pakistan held foreign exchange reserves of $ 16,196.9 million while the other $ 5,104.6 million were held by commercial banks.
- [SECP revises, Shariah screening criteria for PSX-KMI all share index](https://businessplus.com.pk/secp-revises-shariah-screening-criteria-for-psx-kmi-all-share-index/) - The Securities and Exchange Commission of Pakistan (SECP) has approved revisions to the Shariah screening criteria and methodology for the PSX-KMI All Share Index. SECP revises, Shariah screening criteria for PSX-KMI all share index - The SECP was directed to prepare a comprehensive plan for transforming SECP-regulated sectors into Shariah-compliant models and to develop a post-2027 strategy to sustain the transition. The Securities and Exchange Commission of Pakistan (SECP) has approved revisions to the Shariah screening criteria and methodology for the PSX-KMI All Share Index. The revisions align with international benchmarks and aim to strengthen investor confidence in Shariah-compliant capital market instruments. The decision follows a high-level review meeting of the Committee on the Post-2027 Financial The revised framework is expected to support the development of the Islamic capital market, facilitate informed investment decisions, and encourage listed companies to adopt Shariah-compliant capital structures.
- [Mega Motor Company Signs Financing Deal with British International Investment for Pakistan’s First Large-Scale NEV Plant](https://businessplus.com.pk/mega-motor-company-signs-financing-deal-with-british-international-investment-for-pakistans-first-large-scale-nev-plant/) - Mega Motor Company (Private) Limited (MMC), official partner of BYD in Pakistan, has signed a financing agreement with British International Investment (BII), the UK’s development finance institution and impact investor, to support the establishment of Pakistan’s first purpose-built large-scale NEV manufacturing plant. Mega Motor Company Signs Financing Deal with British International Investment for Pakistan’s First Large-Scale NEV Plant - Under the agreement, BII will provide long-term foreign currency financing, accounting for 25 percent of the total project cost, to be invested in MMC’s state-of-the-art, purpose-built NEV manufacturing facility. Scheduled to go live in H2 2026, the plant will deploy cutting-edge automation and world-class manufacturing systems, benchmarked against leading global automotive standards. Mega Motor Company (Private) Limited (MMC), official partner of BYD in Pakistan, has signed a financing agreement with British International Investment (BII), the UK’s development finance institution and impact investor, to support the establishment of Pakistan’s first purpose-built large-scale NEV manufacturing plant. Under the agreement, BII will provide long-term foreign currency financing, accounting for 25 The project is expected to create over 1,100 jobs, advance sustainable industrialisation, and deliver significant climate benefits, including avoiding an estimated 165,000 tonnes of CO₂ emissions by 2034.
- [Pakistan’s Non-Bank financial sector records strong growth in H2 2025](https://businessplus.com.pk/pakistans-non-bank-financial-sector-records-strong-growth-in-h2-2025/) - Pakistan’s non-bank financial sector maintained strong growth momentum during the second half of 2025, with total assets rising to Rs. 6.84 trillion as of December 31, 2025, compared to Rs. 5.635 trillion on June 30, 2025—an increase of 21 percent over six months. Pakistan’s Non-Bank financial sector records strong growth in H2 2025 - The fund management sector recorded solid growth of 17 percent during the period. Mutual funds remained the largest sub-sector, managing assets of Rs. 4.5 trillion, which accounts for 66.3 percent of total industry assets. Pakistan’s non-bank financial sector maintained strong growth momentum during the second half of 2025, with total assets rising to Rs. 6.84 trillion as of December 31, 2025, compared to Rs. 5.635 trillion on June 30, 2025—an increase of 21 percent over six months. According to the latest report issued by the Securities and Exchange Commission The lending segment of non-bank financial companies (NBFCs) recorded particularly strong performance, with assets increasing by 65 percent over six months to reach Rs. 824 billion. Across the sector, Shariah-compliant assets totaled Rs. 2.47 trillion, representing 36 percent of overall industry assets.
- [PTCL posts 12% revenue growth in 2025](https://businessplus.com.pk/ptcl-posts-12-revenue-growth-in-2025/) - Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, recorded a 12% year-on-year (YoY) increase in consolidated revenue for the year ended December 31, 2025, driven by 50% growth in Flash Fiber and 16% growth in Business Solutions compared to the previous financial year. PTCL posts 12% revenue growth in 2025 - Consolidated revenue rose by 12% YoY, supported by robust performance across fixed broadband, enterprise, wholesale, and mobile services. Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, recorded a 12% year-on-year (YoY) increase in consolidated revenue for the year ended December 31, 2025, driven by 50% growth in Flash Fiber and 16% growth in Business Solutions compared to the previous financial year. PTCL announced its consolidated annual financial results, Ufone recorded 14% YoY revenue growth, driven by retail and corporate segments. Its operating profit reached Rs. 17.6 billion, reflecting a 283% increase year-on-year, while the net loss narrowed significantly by 89%. PTCL achieved a major milestone with the successful acquisition of Telenor Pakistan after securing all requisite regulatory approvals. The transaction was formally completed on December 31, 2025. However, Telenor Pakistan’s operational results will be consolidated from January 1, 2026.
- [CCP Approves FWBL Takeover by Abu Dhabi’s Eve Holdings](https://businessplus.com.pk/ccp-approves-fwbl-takeover-by-abu-dhabis-eve-holdings/) - The Competition Commission of Pakistan (CCP) approved the proposed acquisition of First Women Bank Limited (FWBL) by Abu Dhabi-based Eve Holdings RSC Limited, following a Phase-I competition assessment conducted under the Competition Act, 2010. CCP approves acquisition of FWBL by Abu Dhabi’s eve holdings - Eve Holdings RSC Limited, a special purpose holding company incorporated in Abu Dhabi, would acquire 100 percent shareholding of First Women Bank Limited from the government of Pakistan and existing institutional shareholders. The Competition Commission of Pakistan (CCP) approved the proposed acquisition of First Women Bank Limited (FWBL) by Abu Dhabi-based Eve Holdings RSC Limited, following a Phase-I competition assessment conducted under the Competition Act, 2010. The approval comes pursuant to a Share Purchase Agreement executed as part of the federal government’s privatization process. Eve Holdings RSC Eve Holdings would assume full ownership and control of First Women Bank Limited.
- [Pakistan’s External Debt Remains Concessional, Offering Long-Term Stability](https://businessplus.com.pk/pakistans-external-debt-remains-concessional-offering-long-term-stability/) - The Ministry of Finance wishes to clarify certain assertions made in a recent press commentary regarding the country’s external debt position and associated interest payments. Pakistan’s External Debt Remains Concessional, Offering Long-Term Stability - Pakistan’s total external debt and liabilities currently stand at $138 billion. The Ministry of Finance wishes to clarify certain assertions made in a recent press commentary regarding the country’s external debt position and associated interest payments. The figures presented in the commentary require contextual explanation to ensure an accurate and comprehensive understanding of Pakistan’s external debt profile. Pakistan’s total external debt and liabilities currently stand at Of the total External Public Debt, nearly 75 percent comprises concessional and long-term financing obtained from multilateral institutions (excluding the IMF) and bilateral development partners. Only about 7 percent of this debt consists of commercial loans, while another 7 percent relates to long-term Eurobonds. In light of this composition, the claim that Pakistan is paying interest on external loans “up to 8 percent” is misleading.
- [PSX issues proposed regulations on Shariah-based trading, suggesting segregated counter within market](https://businessplus.com.pk/psx-issues-proposed-regulations-on-shariah-based-trading-suggesting-segregated-counter-within-market/) - Pakistan Stock Exchange (PSX), invited stakeholders’ feedback on the proposed Shariah Trading Regulations- an initiative aimed at introducing a dedicated platform for fully Shariah-compliant trading to further strengthen country’s Islamic capital market landscape. PSX issues proposed regulations on Shariah-based trading, suggesting segregated counter within market - The segregation, according to PSX, could be achieved through distinguishing the Shariah-compliant brokerage business from the conventional one, account-level designation, broker-level controls and system-level validations, without dividing or altering the core trading engine. Pakistan Stock Exchange (PSX), invited stakeholders’ feedback on the proposed Shariah Trading Regulations- an initiative aimed at introducing a dedicated platform for fully Shariah-compliant trading to further strengthen country’s Islamic capital market landscape. PSX, in compliance with the constitutional requirement, Federal Shariat Court’s judgement, and directives of the regulator pertaining to elimination of riba from PSX also proposed to introduce a new dedicated Chapter in PSX Regulations on “Shariah-Compliant Securities Trading”, prescribing key requirements pertaining to eligibility criteria for Shariah-compliant securities broker, pre-trade validations, compliance with the Shariah Governance Regulations and Guidelines.
- [PTCL Flash Fiber Wins Ookla Awards for Best Fixed Network and Best ISP Gaming Experience in Pakistan​​](https://businessplus.com.pk/ptcl-flash-fiber-wins-ookla-awards-for-best-fixed-network-and-best-isp-gaming-experience-in-pakistan/) - Pakistan Telecommunication Company Limited’s flagship broadband service, PTCL Flash Fiber, has been recognized by Ookla, the global leader in internet testing and analysis, with two prestigious accolades ‘Best Fixed Network’ for the entire year 2025 and ‘Best ISP Gaming Experience’ for H2 2025 in Pakistan. PTCL Flash Fiber Wins Ookla Awards for Best Fixed Network and Best ISP Gaming Experience in Pakistan​​ - The awards are based on data from the Speedtest Connectivity Report for Pakistan (H1 and H2 2025) and reflect PTCL Flash Fiber’s consistent performance in delivering superior speed, low latency, and enhanced user experience across the country. Pakistan Telecommunication Company Limited’s flagship broadband service, PTCL Flash Fiber, has been recognized by Ookla, the global leader in internet testing and analysis, with two prestigious accolades ‘Best Fixed Network’ for the entire year 2025 and ‘Best ISP Gaming Experience’ for H2 2025 in Pakistan. The awards are based on data from the Speedtest Connectivity The Best Fixed Network award is determined through Ookla’s comprehensive KPI evaluation model, assessing key parameters including download and upload speeds, latency, video streaming performance, and web browsing experience. It represents the highest recognition in fixed broadband network performance.
- [Ramazan Schedule: SBP Sets New Banking and Office Timings](https://businessplus.com.pk/ramazan-schedule-sbp-sets-new-banking-and-office-timings/) - During the ensuing month of Ramazan-ul-Mubarak 1447 A.H., the business hours for public dealing in banks has been set from 09:00 am to 2:00 pm without break on all working days except of Friday with office hours shortened to 12:30 pm. Ramazan Schedule: SBP Sets New Banking and Office Timings - During the ensuing month of Ramazan-ul-Mubarak 1447 A.H., the business hours for public dealing in banks has been set from 09:00 am to 2:00 pm without break on all working days except of Friday with office hours shortened to 12:30 pm. During the ensuing month of Ramazan-ul-Mubarak 1447 A.H., the business hours for public dealing in banks has been set from 09:00 am to 2:00 pm without break on all working days except of Friday with office hours shortened to 12:30 pm. According to a central bank statement released on Wednesday, the State Bank of Pakistan, The central bank further advised the banking institutions to observe the business (banking) hours for public dealing as, “Monday to Thursday from 09:00 am to 02:00 pm without break whereas on Fridays business (banking) hours for public dealing will be from 09:00 am to 12:30 pm without break.”
- [88 of unlisted licensed companies publicly disclose financials](https://businessplus.com.pk/88-of-unlisted-licensed-companies-publicly-disclose-financials/) - In line with the Securities and Exchange Commission of Pakistan’s (SECP) directive, 88% of unlisted licensed companies are now publicly disclosing their annual audited financial statements through the Pakistan Stock Exchange’s (PSX) Financial Portal for Unlisted Companies (FPUC). 88 of unlisted licensed companies publicly disclose financials - SECP directed all unlisted licensed companies to upload and publicly disseminate their audited financial statements on the dedicated PSX portal. In line with the Securities and Exchange Commission of Pakistan’s (SECP) directive, 88% of unlisted licensed companies are now publicly disclosing their annual audited financial statements through the Pakistan Stock Exchange’s (PSX) Financial Portal for Unlisted Companies (FPUC). In January last year, SECP directed all unlisted licensed companies to upload and publicly disseminate their audited Companies were also required to sign an agreement with PSX to obtain access to the FPUC and ensure timely disclosure within prescribed deadlines.
- [LUMS Policy Dialogue Calls for Evidence-Based Reforms in Girls’ Education and Minority Inclusion](https://businessplus.com.pk/lums-policy-dialogue-calls-for-evidence-based-reforms-in-girls-education-and-minority-inclusion/) - A high-level policy dialogue at LUMS called for stronger evidence-based reforms to improve girls’ retention in middle school and enhance inclusion for children from religious minority backgrounds. LUMS Policy Dialogue Calls for Evidence-Based Reforms in Girls’ Education and Minority Inclusion - The third Policy Dialogue, convened by the Data and Research in Education – Research Consortium (DARE-RC) in collaboration with the Syed Ahsan Ali and Syed Maratib Ali School of Education at LUMS, brought together senior policymakers, researchers, and development partners to translate research findings into practical policy measures. A high-level policy dialogue at LUMS called for stronger evidence-based reforms to improve girls’ retention in middle school and enhance inclusion for children from religious minority backgrounds. The third Policy Dialogue, convened by the Data and Research in Education – Research Consortium (DARE-RC) in collaboration with the Syed Ahsan Ali and Syed Maratib Ali School Ben Warrington, Head of the British High Commission Office in Lahore (FCDO), highlighted the need to connect research with reform, noting that strengthening education requires an ecosystem approach and practical decision-making grounded in evidence. He remarked, “Strengthening an education system takes an entire ecosystem. It is crucial to connect rigorous research to policy action and practical decision-making.”
- [‘From Waste to Art’ — Beaconhouse Jubilee Campus Hosts Grand Exhibition Promoting Sustainable Resources](https://businessplus.com.pk/from-waste-to-art-beaconhouse-jubilee-campus-hosts-grand-exhibition-promoting-sustainable-resources/) - Beaconhouse Jubilee Campus Middle Section recently organized a vibrant and thought-provoking exhibition titled ‘From Waste to Art’, centered around the United Nations Sustainable Development Goals (SDGs) — SDG 13 (Climate Action) and SDG 12 (Responsible Consumption and Production). ‘From Waste to Art’ — Beaconhouse Jubilee Campus Hosts Grand Exhibition Promoting Sustainable Resources- The exhibition served as a powerful platform for students to showcase their creativity while emphasizing the importance of environmental stewardship and sustainable living. Beaconhouse Jubilee Campus Middle Section recently organized a vibrant and thought-provoking exhibition titled ‘From Waste to Art’, centered around the United Nations Sustainable Development Goals (SDGs) — SDG 13 (Climate Action) and SDG 12 (Responsible Consumption and Production). The exhibition served as a powerful platform for students to showcase their creativity while emphasizing the importance A wide variety of artwork was displayed, crafted from recycled resources such as paper, plastic and glass bottles, leftover cartons, boxes, used crates, and discarded wood.
- [Building a Smarter Pakistan: Huawei’s Commitment to AI and Digital Excellence](https://businessplus.com.pk/building-a-smarter-pakistan-huaweis-commitment-to-ai-and-digital-excellence/) - Huawei, a global leader in ICT solutions, has reinforced its commitment to Pakistan’s digital transformation journey. As Pakistan enters a critical phase of digital transformation, Artificial Intelligence (AI) is positioned as a key enabler for economic growth, governance efficiency, and ICT innovation. Huawei is uniquely positioned to support this transition with its full-stack, end-to-end solutions. Building a Smarter Pakistan: Huawei’s Commitment to AI and Digital Excellence - Artificial Intelligence is increasingly recognized as a cornerstone of Pakistan’s digital future. The government has emphasized AI adoption across governance, industry, and education, with initiatives to establish Centers of Excellence, expand AI curricula in universities, and train professionals in advanced digital skills. Huawei, a global leader in ICT solutions, has reinforced its commitment to Pakistan’s digital transformation journey. As Pakistan enters a critical phase of digital transformation, Artificial Intelligence (AI) is positioned as a key enabler for economic growth, governance efficiency, and ICT innovation. Huawei is uniquely positioned to support this transition with its full-stack, end-to-end solutions. Building on this momentum, Huawei is not just a hardware provider – it is a facilitator of comprehensive solutions that integrate infrastructure, services, and platforms. Unlike fragmented offerings from other market players, Huawei ensures supply chain reliability, availability, and assured delivery. The company has already shared a clear AI and ICT roadmap, demonstrating long-term dedication to Pakistan’s future.
- [Mobilink Bank posts record PKR 3.62B PBT, reinforcing its position as Pakistan’s largest microfinance bank](https://businessplus.com.pk/mobilink-bank-posts-record-pkr-3-62b-pbt-reinforcing-its-position-as-pakistans-largest-microfinance-bank/) - Pakistan’s leading digital microfinance bank, Mobilink Bank has announced its financial results for the year ended December 31, 2025. The bank delivered strong growth across key financial and operational indicators while reinforcing its leadership position in Pakistan’s microfinance banking sector. Mobilink Bank posts record PKR 3.62B PBT, reinforcing its position as Pakistan’s largest microfinance bank - Mobilink Bank delivered a strong financial turnaround in 2025, with Profit Before Tax reaching PKR 3.62 billion, reflecting a 217% YoY growth, while total revenue rose 33% to PKR 89.5 billion. Pakistan’s leading digital microfinance bank, Mobilink Bank has announced its financial results for the year ended December 31, 2025. The bank delivered strong growth across key financial and operational indicators while reinforcing its leadership position in Pakistan’s microfinance banking sector. Mobilink Bank delivered a strong financial turnaround in 2025, with Profit Before Tax reaching PKR Deposits grew 38% to PKR 214 billion, the highest in the microfinance industry, highlighting strong customer confidence.
- [Experts call for radical tax cuts for 5G technology roll-out in Pakistan](https://businessplus.com.pk/experts-call-for-radical-tax-cuts-for-5g-technology-roll-out-in-pakistan/) - The successful roll-out and adoption of 5G technology in Pakistan hinges on radical tax cuts and business-to-business strategy, otherwise the country’s transition to 5G will remain in low pace due to crippling taxation, high handset costs, and the lack of industrial use cases. Experts call for radical tax cuts for 5G technology roll-out in Pakistan - The successful roll-out and adoption of 5G technology in Pakistan hinges on radical tax cuts and business-to-business strategy, otherwise the country’s transition to 5G will remain in low pace due to crippling taxation, high handset costs, and the lack of industrial use cases. The successful roll-out and adoption of 5G technology in Pakistan hinges on radical tax cuts and business-to-business strategy, otherwise the country’s transition to 5G will remain in low pace due to crippling taxation, high handset costs, and the lack of industrial use cases. This was crux of a debate on Monday seminar, titled: “5G Imperative Parvez Iftikhar, the renowned ICT Consultant, said the 5G spectrum auction could remove major barriers hindering sector modernization, however, he cautioned that 5G would not become instantly ubiquitous. He noted that retail broadband would not be the primary driver of 5G; instead, business-to-business (B2B) applications would shape its growth. He emphasized enterprise use cases, including on-campus networks in Special Economic Zones (SEZs) and Special Technology Zones (STZs), citing international examples such as mining in South Africa and commercial complexes in the Philippines. He called for improved fiberisation, tower outsourcing and more realistic base pricing in spectrum auctions.
- [Bank Alfalah posted Rs 28.34 Billion PAT for 2025](https://businessplus.com.pk/bank-alfalah-posted-rs-28-34-billion-pat-for-2025/) - The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 13, 2026, approved the Bank’s financial results for the year ended December 31, 2025. Bank Alfalah posted Rs 28.34 Billion PAT for 2025 - Bank Alfalah reported profit after tax (PAT) of PKR 28.34 billion for the year ended December 31, 2025, translating into earning per share of PKR 17.97 compared to PKR 24.30 for 2024. The Board of Directors also declared final cash dividend of PKR 3.00 per share (30%), cumulatively bringing the cash dividend payout for the year to PKR 10.50 per share (105%). The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 13, 2026, approved the Bank’s financial results for the year ended December 31, 2025. Bank Alfalah reported profit after tax (PAT) of PKR 28.34 billion for the year ended December 31, 2025, translating into earning per share of PKR 17.97 Total deposits closed at PKR 2.49 trillion depicting a year on year growth of 16.8%. This is in line with Bank’s revised strategy, whereby growth of average deposit balances was prioritized with an aim to build a sticky deposit base over a long term horizon. As a result, Bank Alfalah’s net interest income grew by 7.1% despite a lower interest rate environment. Bank intends to continue with this strategy, focusing on adding value to customers, encouraging them to bring more volumes and balances to the Bank.
- [Number of Cellular Subscribers in Pakistan Hits 201 Million](https://businessplus.com.pk/number-of-cellular-subscribers-in-pakistan-hits-201-million/) - The number of cellular subscribers in Pakistan reached 201 million, with a mobile teledensity of 80.34 percent, by the end of December, according to data from the Pakistan Telecommunication Authority. Number of Cellular Subscribers in Pakistan Hits 201 Million - The data also revealed that mobile broadband subscribers have grown to 151 million, achieving a mobile penetration rate of 60.32 percent. The number of cellular subscribers in Pakistan reached 201 million, with a mobile teledensity of 80.34 percent, by the end of December, according to data from the Pakistan Telecommunication Authority. The data also revealed that mobile broadband subscribers have grown to 151 million, achieving a mobile penetration rate of 60.32 percent. In addition, fixed telephone Fixed telephone subscribers stood at 3 million, reflecting a fixed teledensity of 0.99 percent, while broadband subscribers totaled 155 million, with a broadband penetration rate of 61.97 percent.
- [Russian, German, and English Editions of the Book “Najmi Healing Energy” Published](https://businessplus.com.pk/russian-german-and-english-editions-of-the-book-najmi-healing-energy-published/) - Najmi Healing Energy, an Islamic spiritual-scientific healing method, was first introduced through the book Najmi Shifai Tawanai (Najmi Healing Energy) authored by Dr. Syed Shahzad Ali Najmi. Russian, German, and English Editions of the Book “Najmi Healing Energy” Published - The Russian edition was published on November 17, 2025, by Najmi International, Moscow, Russia. The German edition was released on July 10, 2025, in Berlin, Germany, while the English edition was published on July 2, 2025, in Denver, USA. Najmi Healing Energy, an Islamic spiritual-scientific healing method, was first introduced through the book Najmi Shifai Tawanai (Najmi Healing Energy) authored by Dr. Syed Shahzad Ali Najmi. The book was originally published in Urdu in July 2013 by Al-Sehat Foundation, Karachi, Pakistan. In response to growing international interest, the work has now been released in Dr. Syed Shahzad Ali Najmi, a Pakistani Sufi inspired by the renowned spiritual figure Qalander Baba Auliya, developed this healing system after recognizing the need for an Islamic spiritual alternative to contemporary energy-healing practices.
- [Shaza Fatima Confirms 600 MHz Spectrum Auction to Improve Broadband Capacity](https://businessplus.com.pk/shaza-fatima-confirms-600-mhz-spectrum-auction-to-improve-broadband-capacity/) - Federal Minister for IT & Telecom Shaza Fatima Khawaja said on Saturday the government is taking rapid steps to promote the digital economy and investment in the technology sector. Shaza Fatima Confirms 600 MHz Spectrum Auction to Improve Broadband Capacity - Federal IT &Telecom Minister highlighted the “Smartphone for All” policy and said the government is taking steps to make smartphones accessible to citizens so everyone can benefit from modern technology. Federal Minister for IT & Telecom Shaza Fatima Khawaja said on Saturday the government is taking rapid steps to promote the digital economy and investment in the technology sector. IT Minister said that next month, the 600 MHz spectrum will be auctioned, which will significantly increase mobile internet capacity and provide citizens with fast, high-quality, Federal Minister also highlighted that non-tech industries must adopt AI and modern technology in supply chains, manufacturing, and management to remain competitive globally.
- [Pakistan ranked among most promising “new frontier” tech ecosystems in new inDrive and Dealroom report](https://businessplus.com.pk/pakistan-ranked-among-most-promising-new-frontier-tech-ecosystems-in-new-indrive-and-dealroom-report/) - inDrive, a global mobility and urban services platform operating in 48 countries, together with startup intelligence platform Dealroom, has released a new research report identifying Pakistan as one of the most promising “new frontier” tech ecosystems globally. Pakistan ranked among most promising “new frontier” tech ecosystems in new inDrive and Dealroom report - The report, The Rapid Rise of Pakistan Tech, finds that Pakistan’s startup enterprise value has grown more than 3.6 times since 2020, ahead of markets such as India, New York and London, and second only to the Bay Area. inDrive, a global mobility and urban services platform operating in 48 countries, together with startup intelligence platform Dealroom, has released a new research report identifying Pakistan as one of the most promising “new frontier” tech ecosystems globally. The report, The Rapid Rise of Pakistan Tech, finds that Pakistan’s startup enterprise value has grown more than inDrive’s shift toward a SuperApp model provides founders with access to a large user base, operational infrastructure, distribution channels and AI-first systems, helping reduce execution risk in a market where traditional venture capital remains limited. The report also finds that operator-led investors are well positioned to support under-capitalised segments, including women-led startups. One example is inDrive Ventures’ investment in the Pakistani grocery platform Krave Mart.
- [SECP registers 3,881 new companies in January 2026](https://businessplus.com.pk/secp-registers-3881-new-companies-in-january-2026/) - The newly registered companies were incorporated with a cumulative paid-up capital of Rs. 8.4 billion, bringing the total number of registered companies in the country to 283,540. SECP registers 3,881 new companies in January 2026 - The newly registered companies were incorporated with a cumulative paid-up capital of Rs. 8.4 billion, bringing the total number of registered companies in the country to 283,540. The Securities and Exchange Commission of Pakistan (SECP) has registered 3,881 new companies in January 2026; out of these incorporations, 99.9 per cent were completed online through the SECP’s eZfile system. The newly registered companies were incorporated with a cumulative paid-up capital of Rs. 8.4 billion, bringing the total number of registered companies in the In terms of corporate structure, private limited companies accounted for 59 per cent of the new registrations, while single-member companies constituted 38 percent. The remaining 3 per cent comprised public unlisted companies, not-for-profit organizations, and limited liability partnerships.
- [Google highlights tools, partnerships to promote safer internet in Pakistan](https://businessplus.com.pk/google-highlights-tools-partnerships-to-promote-safer-internet-in-pakistan/) - To mark ‘Safer Internet Month’, Google highlighted a range of tools, technologies, and educational initiatives designed to help students, parents, and educators in Pakistan navigate the AI era safely and responsibly. Google highlights tools, partnerships to promote safer internet in Pakistan - As artificial intelligence becomes an increasingly important part of learning and everyday life, Google reaffirmed its commitment to ensuring families can explore its benefits with the right safeguards in place. To mark ‘Safer Internet Month’, Google highlighted a range of tools, technologies, and educational initiatives designed to help students, parents, and educators in Pakistan navigate the AI era safely and responsibly. As artificial intelligence becomes an increasingly important part of learning and everyday life, Google reaffirmed its commitment to ensuring families can explore its benefits Google emphasized its “secure by design” and “secure by default” approach, which embeds safety protections directly into products. Google provides parents with peace of mind through protections like SafeSearch, which is on by default for children. Parents can further customize boundaries using Family Link to manage screen time, approve apps, and set content filters. AI-powered tools such as Google Lens and Circle to Search help users identify suspicious links and potential scams in real time.
- [Pakistan Said: It’s a Heartbreak Valentine’s — And Men Are Leading the Streams](https://businessplus.com.pk/pakistan-said-its-a-heartbreak-valentines-and-men-are-leading-the-streams/) - Valentine’s Day has always reflected a spectrum of emotions — from romance and new love to self-love, friendship, and yes, heartbreak. Pakistan Said: It’s a Heartbreak Valentine’s — And Men Are Leading the Streams - New Spotify data reveals that streams of heartbreak-themed music on Valentine’s Day surged nearly 190% in 2025 compared to 2023, highlighting a growing trend of listeners turning to music to process complex emotions. Valentine’s Day has always reflected a spectrum of emotions — from romance and new love to self-love, friendship, and yes, heartbreak. In Pakistan, however, heartbreak is increasingly taking center stage. New Spotify data reveals that streams of heartbreak-themed music on Valentine’s Day surged nearly 190% in 2025 compared to 2023, highlighting a growing trend of Men account for 66% of heartbreak listening in Pakistan, while more than half of all streams come from 18–24 year olds, placing Gen Z at the center of this trend.
- [Garaj, Fortinet & MCB Collaborate to Enhance Enterprise Networks in Pakistan](https://businessplus.com.pk/garaj-fortinet-mcb-collaborate-to-enhance-enterprise-networks-in-pakistan/) - Garaj, the cloud services and cybersecurity solution from JazzWorld, has entered into a strategic collaboration with MCB to support the continued evolution of the bank’s enterprise network and infrastructure. Garaj, Fortinet, MCB partner to strengthen Enterprise network performance - Under the collaboration, Garaj and Fortinet will work closely with MCB’s internal technology teams as a strategic partner for managed services and network optimization. Garaj, the cloud services and cybersecurity solution from JazzWorld, has entered into a strategic collaboration with MCB to support the continued evolution of the bank’s enterprise network and infrastructure. The engagement aligns with MCB’s focus on performance, resilience, and operational excellence while building on its established technology environment. A key enabler of this modernized WAN The engagement will support enhanced connectivity across MCB’s nationwide branch network, enabling reliable, efficient, and high-performance network operations. The partnership focuses on strengthening enterprise-grade connectivity, improving operational visibility and control, and reinforcing a secure, resilient, and scalable technology environment.
- [SECP facilitates landmark foreign direct investment in Pakistan’s insurance sector](https://businessplus.com.pk/secp-facilitates-landmark-foreign-direct-investment-in-pakistans-insurance-sector/) - The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited. SECP facilitates landmark foreign direct investment in Pakistan’s insurance sector - The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited. The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited. This partnership between a digital insurer and a major digital operator is expected to increase insurance penetration and foreign investment. The SECP’s facilitation of this deal aligns with the goals This partnership between a digital insurer and a major digital operator is expected to increase insurance penetration and foreign investment.
- [Al-Ghazi Tractors Limited Signs Strategic MoU with Green Agrimall to Strengthen Agricultural Mechanization in Pakistan](https://businessplus.com.pk/al-ghazi-tractors-limited-signs-strategic-mou-with-green-agrimall-to-strengthen-agricultural-mechanization-in-pakistan/) - Al-Ghazi Tractors Limited, one of Pakistan’s leading tractor manufacturers, has signed a strategic Memorandum of Understanding with Green Agrimall at Al-Ghazi’s Lahore office to strengthen farmer access to mechanization solutions across Pakistan. The MoU was signed by Yasin Seker, CEO of Al-Ghazi Tractors Limited, and Ali Sufian Hamayon, CEO of Green Agrimall, formalizing a collaboration that aims to enhance distribution channels, improve service accessibility, and support productivity within the country’s agricultural value chain. Al-Ghazi Tractors Limited Signs Strategic MoU with Green Agrimall to Strengthen Agricultural Mechanization in Pakistan - The collaboration aims to improve access to modern agricultural mechanization for Green Agrimall’s registered farmers. Al-Ghazi Tractors Limited, one of Pakistan’s leading tractor manufacturers, has signed a strategic Memorandum of Understanding with Green Agrimall at Al-Ghazi’s Lahore office to strengthen farmer access to mechanization solutions across Pakistan. The MoU was signed by Yasin Seker, CEO of Al-Ghazi Tractors Limited, and Ali Sufian Hamayon, CEO of Green Agrimall, formalizing a collaboration Under this partnership, AGTL tractors, genuine spare parts, and lubricants will be made available through designated Green Agrimall platforms. The partnership also envisions joint farmer engagement initiatives, including demonstrations, training, and awareness programs to promote the effective use of modern farming equipment. The collaboration also enables the use of available training facilities for farmer-focused learning and capacity-building initiatives.
- [IFC & Habib Metro Launch Risk-Sharing Facility to Empower SMEs](https://businessplus.com.pk/ifc-habib-metro-launch-risk-sharing-facility-to-empower-smes/) - International Finance Corporation (IFC) announced a new risk-sharing facility with Habib Metropolitan Bank Limited (HABIBMETRO) to expand access to finance for small and medium enterprises (SMEs) across Pakistan, including agricultural SMEs, and address the country’s SME financing gap. IFC & Habib Metro Launch Risk-Sharing Facility to Empower SMEs - IFC & Habib Metro Launch Risk-Sharing Facility to Empower SMEs International Finance Corporation (IFC) announced a new risk-sharing facility with Habib Metropolitan Bank Limited (HABIBMETRO) to expand access to finance for small and medium enterprises (SMEs) across Pakistan, including agricultural SMEs, and address the country’s SME financing gap. “SMEs account for 90% of businesses in Pakistan and contribute 40% of the country GDP, yet fewer IFC’s unfunded risk amount under the new risk-sharing facility with HABIBMETRO will be up to $40 million (Pakistani rupee equivalent). Under the agreement, IFC’s risk share will cover up to 50 percent of principal losses on a portfolio of SME loans – including agricultural SMEs – of up to $80 million (Pakistani rupee equivalent) to be originated by HABIBMETRO in Pakistan.
- [Pakistan Capital Market successfully transitions to the T+1 settlement cycle](https://businessplus.com.pk/pakistan-capital-market-successfully-transitions-to-the-t1-settlement-cycle/) - Pakistan’s Capital Market has officially transitioned to the T+1 settlement cycle, a landmark reform that strengthens efficiency, reduces risk and aligns the country with international best practices. Pakistan Capital Market successfully transitions to the T+1 settlement cycle - Effective from February 9, 2026, all eligible trades at the Pakistan Stock Exchange (PSX) are now settled on a Trade plus one (T+1) basis, replacing the previous T+2 cycle. Pakistan’s Capital Market has officially transitioned to the T+1 settlement cycle, a landmark reform that strengthens efficiency, reduces risk and aligns the country with international best practices. Effective from February 9, 2026, all eligible trades at the Pakistan Stock Exchange (PSX) are now settled on a Trade plus one (T+1) basis, replacing the previous T+2 The transition to the T+1 settlement cycle brings important advantages for Pakistan’s capital market. It enables faster access to funds and securities, improving liquidity, while reducing settlement and counterparty risk through shorter exposure periods.
- [Spotify Reports Q4 2025 Earnings](https://businessplus.com.pk/spotify-reports-q4-2025-earnings/) - In Q4 2025, Spotify delivered the highest MAU net adds in its history, reaching 751 million monthly active users, alongside double-digit subscriber growth, and continued momentum across music, podcasts, and audiobooks. Spotify Reports Q4 2025 Earnings - Alex Norström, Co-CEO, said: “We closed out what we dubbed as the Year of Accelerated Execution with another solid quarter, delivering a strong finish to 2025. In Q4, we met or exceeded guidance across all key metrics. We marked our highest quarter ever for MAU net additions". Spotify releases its fourth quarter 2025 earnings, marking a strong finish to the year with exceptional user growth and continued momentum across the business. In Q4 2025, Spotify delivered the highest MAU net adds in its history, reaching 751 million monthly active users, alongside double-digit subscriber growth, and continued momentum across music, podcasts, and audiobooks. Daniel Ek, Founder and Executive Chairman, said: “Today, what we’ve really built is a technology platform for audio – and increasingly, for all the ways creators connect with audiences. And this identity will matter even more going forward. The next wave of technology shifts – AI, new interfaces, wearables, new ways of interacting with content – these will reshape how people discover and experience audio and media. The hard problems ahead – in music, in podcasts, in books, in video, in live, and in things we haven’t built yet – we’re going to keep building the technology to solve them.”
- [Multan Franchise Acquired by Walee Technologies After Record Offer](https://businessplus.com.pk/multan-franchise-acquired-by-walee-technologies-after-record-offer/) - Walee Technologies made the highest record bid of 245 crore rupees in the history of Pakistan Super League (PSL) to acquire Multan Franchise during the team Auction at the Expo Center. Multan Franchise Acquired by Walee Technologies After Record Offer - A base price of PKR 182 crore was set for the Franchise after which the parties took on each other in only round of bids. Walee Technologies led by their CEO Ahsan Tahir made the successful bid of PKR 245 crore, which is the highest figure among all the eight HBL PSL franchises. Walee Technologies made the highest record bid of 245 crore rupees in the history of Pakistan Super League (PSL) to acquire Multan Franchise during the team Auction at the Expo Center. The Auction was officially started by Chairman PCB Mohsin Naqvi after CEO PSL Salman Naseer shared his thoughts regarding the sale and the journey Chairman PCB, Mohsin Naqvi said, “I congratulate Walee Technologies for acquiring the franchise with a record figure and I appreciate the other participating bidders as well for their keen interest in the HBL PSL.
- [Mega Motor Company Inaugurates Pakistan’s Sixth BYD Dealership in Faisalabad](https://businessplus.com.pk/mega-motor-company-inaugurates-pakistans-sixth-byd-dealership-in-faisalabad/) - BYD, the world’s no.1 NEV brand, in partnership with Mega Motor Company (MMC) has opened its sixth authorized BYD 3s dealership in Faisalabad, marking an important step in the brand’s national expansion. Located in one of Punjab’s key commercial districts, the new dealership will offer complete customer experience, including its advanced NEV lineup, after-sales services, test drives, and access to BYD’s full range of accessories. Mega Motor Company Inaugurates Pakistan’s Sixth BYD Dealership in Faisalabad - Faisalabad becomes the fourth city in BYD Pakistan’s footprint, alongside Karachi, Lahore, and Islamabad. Of the six dealerships currently operating nationwide, three are BYD Experience Centers, two are BYD Care Centers dedicated to service and spare parts, while the newly opened Faisalabad dealership offers a full suite of sales, service, and spare support, delivering the same standard of customer engagement as BYD Experience Centers. BYD, the world’s no.1 NEV brand, in partnership with Mega Motor Company (MMC) has opened its sixth authorized BYD 3s dealership in Faisalabad, marking an important step in the brand’s national expansion. Located in one of Punjab’s key commercial districts, the new dealership will offer complete customer experience, including its advanced NEV lineup, after-sales services, BYD’s current NEV lineup including the BYD Atto 3, BYD Seal, BYD Shark 6 and the recently launched BYD Atto 2 and Sealion 7, brings globally developed technology to Faisalabad’s evolving market.
- [SBP Report: Accelerated GDP Growth Projected from FY-26 Onwards](https://businessplus.com.pk/sbp-report-accelerated-gdp-growth-projected-from-fy-26-onwards/) - The State Bank of Pakistan (SBP), highlighting improvements in macroeconomic conditions, the outlook and economic prospects, stated that real GDP growth for FY26 was projected in the range of 3.75 – 4.75 percent and it is expected to increase further in the coming fiscal year. SBP Report: Accelerated GDP Growth Projected from FY-26 Onwards - The central bank, in its bi-annual Monetary Policy Report (MPR) release, also cautioned of evolving risks to the macroeconomic outlook like persistent global tariff-related uncertainty, volatile global commodity prices and climatic concerns, and stressed on expediting structural reform process to increase the economy’s resilience against the adverse shocks. The State Bank of Pakistan (SBP), highlighting improvements in macroeconomic conditions, the outlook and economic prospects, stated that real GDP growth for FY26 was projected in the range of 3.75 – 4.75 percent and it is expected to increase further in the coming fiscal year. The central bank, in its bi-annual Monetary Policy Report (MPR) The report noted improvements in macroeconomic conditions and the outlook, supported by a prudent monetary policy stance and continued fiscal consolidation. The MPR projected that inflation will remain within the 5 – 7 percent target range during most of FY26 and FY27, despite some near-term volatility. The current account deficit is projected to remain contained at 0 – 1 percent of GDP in FY26, with a higher trade deficit partly expected to be offset by robust workers’ remittances and planned official inflows.
- [Indus AI Week 2026 kicks off, signalling Pakistan’s push to emerge as a regional AI hub](https://businessplus.com.pk/indus-ai-week-2026-kicks-off-signalling-pakistans-push-to-emerge-as-a-regional-ai-hub/) - The Indus AI Week 2026, Pakistan’s premier government-led Artificial Intelligence event, commenced on Monday and will continue through February 15, positioning the country as an emerging hub for AI innovation, policy, and skills development. The week-long national initiative brings together policymakers, industry leaders, start-ups, academia, and youth to accelerate Pakistan’s AI ecosystem and digital transformation agenda. Indus AI Week 2026 kicks off, signalling Pakistan’s push to emerge as a regional AI hub - The week will feature high-level dialogues, keynote addresses, and policy discussions focused on the strategic adoption of artificial intelligence for economic growth, governance, education, and national development. The Indus AI Week 2026, Pakistan’s premier government-led Artificial Intelligence event, commenced on Monday and will continue through February 15, positioning the country as an emerging hub for AI innovation, policy, and skills development. The week-long national initiative brings together policymakers, industry leaders, start-ups, academia, and youth to accelerate Pakistan’s AI ecosystem and digital transformation The arena has brought together AI start-ups, technology companies, training providers, and talent platforms, offering participants opportunities for networking, skills development, and career exploration.
- [Minister inaugurates “Made in Uzbekistan” exhibition at Pakistan-Uzbekistan Business Forum](https://businessplus.com.pk/minister-inaugurates-made-in-uzbekistan-exhibition-at-pakistan-uzbekistan-business-forum/) - Federal Minister for Commerce Jam Kamal Khan inaugurated the “Made in Uzbekistan” exhibition on the sidelines of the Pakistan–Uzbekistan Business Forum being held in Islamabad, underscoring Pakistan’s commitment to deepening bilateral trade, industrial cooperation, and private-sector linkages with Uzbekistan. The Commerce Minister formally cut the ribbon to open the exhibition, marking the start of the Minister inaugurates “Made in Uzbekistan” exhibition at Pakistan-Uzbekistan Business Forum - The Federal Minister highlighted that Pakistan–Uzbekistan Business Forums have already facilitated multiple MoUs and commercial understandings, and expressed confidence that the current forum and exhibition would further broaden cooperation across sectors such as textiles, leather, food and agriculture, pharmaceuticals, engineering, consumer goods, and logistics. Federal Minister for Commerce Jam Kamal Khan inaugurated the “Made in Uzbekistan” exhibition on the sidelines of the Pakistan–Uzbekistan Business Forum being held in Islamabad, underscoring Pakistan’s commitment to deepening bilateral trade, industrial cooperation, and private-sector linkages with Uzbekistan. The Commerce Minister formally cut the ribbon to open the exhibition, marking the start of the Federal Minister for National Food Security and Research Rana Tanveer Hussain underscored the vast scope for collaboration in agriculture, food processing, and value-added agri-exports.
- [PTCL to Showcase Industry First AI-Driven Use Cases at Indus AI Week 2026](https://businessplus.com.pk/ptcl-to-showcase-industry-first-ai-driven-use-cases-at-indus-ai-week-2026/) - Pakistan Telecommunication Company Limited (PTCL) will participate in Indus AI Week 2026, Pakistan’s national platform for artificial intelligence, contributing industry perspective and practical AI applications to support the country’s evolving AI agenda. At the event, PTCL will demonstrate its evolution from a telecom services provider to an AI-enabled tech company, supported by e&’s global innovation PTCL to Showcase Industry First AI-Driven Use Cases at Indus AI Week 2026 - PTCL’s on-ground presence will include an industry showcase featuring eight AI-driven use cases, comprising four powered by e&, three PTCL Business Solutions, and one accessibility-focused AI use case by ConnectHear, highlighting real-world application of AI across operational, enterprise, and inclusive digital environments. Pakistan Telecommunication Company Limited (PTCL) will participate in Indus AI Week 2026, Pakistan’s national platform for artificial intelligence, contributing industry perspective and practical AI applications to support the country’s evolving AI agenda. At the event, PTCL will demonstrate its evolution from a telecom services provider to an AI-enabled tech company, supported by e&’s global innovation PTCL will demonstrate its evolution from a telecom services provider to an AI-enabled tech company, supported by e&’s global innovation capabilities, enabling responsible, scalable, and locally relevant AI adoption across Pakistan’s digital ecosystem.
- [Pakistan emerging as strategic trade gateway for Central Asia: PBF](https://businessplus.com.pk/pakistan-emerging-as-strategic-trade-gateway-for-central-asia-pbf/) - Pakistan Business Forum (PBF) on Friday said a quiet but consequential shift was underway in Central Asia’s geo-economic outlook, with Pakistan increasingly emerging at the centre of regional recalibration as a strategic southern gateway for trade, connectivity and economic diversification. Pakistan emerging as strategic trade gateway for Central Asia: PBF - The PBF president said Pakistan’s importance for the region extended beyond transit trade, citing strong complementarities in sectors such as energy, agriculture, textiles, pharmaceuticals, information technology and manufacturing. Pakistan Business Forum (PBF) on Friday said a quiet but consequential shift was underway in Central Asia’s geo-economic outlook, with Pakistan increasingly emerging at the centre of regional recalibration as a strategic southern gateway for trade, connectivity and economic diversification. Khawaja Mehboob ur Rehman, President Pakistan Business Forum, said recent high-level visits of Central Asian Khawaja Mehboob ur Rehman said discussions during these visits focused on translating political goodwill into tangible economic outcomes, including expansion of bilateral trade, facilitation of investment flows, and strengthening of transit trade and logistics frameworks.
- [Standard Chartered Empowers Pakistan’s SMEs with Global Growth via Forex Solutions](https://businessplus.com.pk/standard-chartered-empowers-pakistans-smes-with-global-growth-via-forex-solutions/) - Standard Chartered Bank hosted a focused client engagement event bringing together leading SME businesses to explore strategic approaches to managing cross-border growth. Standard Chartered Empowers Pakistan’s SMEs with Global Growth via Forex Solutions - Standard Chartered is uniquely positioned to support this growth. With a presence in over 53 markets, the Bank offers deep market insight, end-to-end FX execution capabilities, and competitive pricing, enabling clients to optimise their global operations and reduce transaction friction. Through specialised support, the Bank offers global trade and international opportunities for SMEs who want to expand across borders. Standard Chartered Bank hosted a focused client engagement event bringing together leading SME businesses to explore strategic approaches to managing cross-border growth. The discussion focused on how tailored foreign exchange (FX) solutions can support businesses in navigating international markets with greater confidence and efficiency. SMEs form the backbone of the country’s economy, including over 70% Saadya Riaz, Head of Wealth and Retail Banking, said, “SMEs are a vital engine of Pakistan’s economy, driving growth and employment. At Standard Chartered, we are committed to supporting their ambitions by building long-term partnerships and by delivering tailored solutions, insights, and global expertise that will enable them to scale their businesses with confidence.”
- [NAB distributes Rs.600M to 3,400 victims in ISMMart case](https://businessplus.com.pk/nab-distributes-rs-600m-to-3400-victims-in-ismmart-case/) - The National Accountability Bureau (NAB) Islamabad and Rawalpindi has recovered Rs1 billion in the ISMMart Group scam and, in the first phase of relief, distributed Rs600 million among 3,400 victims. NAB distributes Rs.600M to 3,400 victims in ISMMart case - The prime accused in the ISMMart Group case allegedly swindled the public out of billions of rupees by luring them with unrealistically high returns through fictitious ventures in e-commerce, restaurants, and real estate. The National Accountability Bureau (NAB) Islamabad and Rawalpindi has recovered Rs1 billion in the ISMMart Group scam and, in the first phase of relief, distributed Rs.600 million among 3,400 victims. According to NAB spokesman, the affectees had reported collective losses of Rs.3.5 billion. The prime accused has remained in NAB custody since July 2024, with The Bureau termed the disbursement a major step in providing relief to victims of financial fraud. The investigation team had traced funds transferred abroad through hundi, hawala, and cryptocurrency channels, with efforts underway in coordination with UAE authorities to ensure full repatriation of defrauded money.
- [Pakistan, Kazakhstan Agree on Corridor to Boost $1B Trade](https://businessplus.com.pk/pakistan-kazakhstan-agree-on-corridor-to-boost-1b-trade/) - Pakistan and Kazakhstan agreed to significantly enhance trade, investment, and regional connectivity, committing to raise the bilateral trade volume to $1 billion within the next year and to promote a multi-country transport corridor linking Central and South Asia. Pakistan, Kazakhstan Agree on Corridor to Boost $1B Trade - The prime minister reiterated Pakistan’s strong interest in expanding cooperation with Kazakhstan in energy, mining, transport, culture, and information sectors, noting that both countries were endowed with natural resources and human capital. Pakistan and Kazakhstan agreed to significantly enhance trade, investment, and regional connectivity, committing to raise the bilateral trade volume to $1 billion within the next year and to promote a multi-country transport corridor linking Central and South Asia. “We have agreed to the Belarus- Russia- Kazakhstan- Uzbekistan, Afghanistan- Pakistan transport corridor to enhance our regional President Tokayev also invited Pakistani companies to establish production facilities in Kazakhstan, particularly in agricultural processing, pharmaceuticals, and construction materials, and assured favorable conditions for Pakistani investors.
- [TCS Partners with Nippon Express to Boost Global Logistics and Trade Connectivity](https://businessplus.com.pk/tcs-partners-with-nippon-express-to-boost-global-logistics-and-trade-connectivity/) - TCS Group, one of Pakistan’s most established and trusted logistics conglomerates, has formalized a strategic partnership with Nippon Express (South Asia & Oceania) Pte. Ltd., a subsidiary of Nippon Express Holdings, Inc. (Nippon Express Group) of Japan, under which Nippon Express Group has acquired a minority stake in TCS Logistics (Private) Limited. TCS Partners with Nippon Express to Boost Global Logistics and Trade Connectivity - Through this partnership, Pakistani businesses and consumers stand to gain enhanced connectivity with global markets via the Nippon Express Group’s extensive international presence, while the Nippon Express Group will leverage TCS Logistics’ nationwide network, operational expertise, and trusted customer base to strengthen logistics capabilities in Pakistan. TCS Group, one of Pakistan’s most established and trusted logistics conglomerates, has formalized a strategic partnership with Nippon Express (South Asia & Oceania) Pte. Ltd., a subsidiary of Nippon Express Holdings, Inc. (Nippon Express Group) of Japan, under which Nippon Express Group has acquired a minority stake in TCS Logistics (Private) Limited. Through this partnership, Through close collaboration, TCS Logistics aims to contribute to the modernization of Pakistan’s logistics ecosystem and provide technology enabled logistics services and value-added supply chain solutions for customers operating in and through Pakistan.
- [Karachi Literature Festival Returns with the Theme ‘Literature in a Fragile World’](https://businessplus.com.pk/karachi-literature-festival-returns-with-the-theme-literature-in-a-fragile-world/) - The Karachi Literature Festival (KLF) is back for its 17th edition from 6–8 February 2026 at the Beach Luxury Hotel, reaffirming its position as Pakistan’s largest and most influential literary gathering. Karachi Literature Festival Returns with the Theme ‘Literature in a Fragile World’ - Organised by Oxford University Press Pakistan, this year’s festival is built around the theme “Literature in a Fragile World”, examining how stories, poetry, and critical thought respond to social, political, and cultural uncertainty and change. The Karachi Literature Festival (KLF) is back for its 17th edition from 6–8 February 2026 at the Beach Luxury Hotel, reaffirming its position as Pakistan’s largest and most influential literary gathering. Free and open to the public, KLF 2026 brings together ideas, imagination, and dialogue at a time when literature’s role in shaping empathy and New features this year include The Great KLF Debate, Sindhi Mushairo, and an inter-school debate reinforcing the festival’s commitment to youth engagement, linguistic diversity, and civic dialogue. The programme also includes dramatic renditions, classical music performances, theatre, rap, and qawwali, woven seamlessly into literary discourse.
- [Wafi Energy Pakistan announces to invest $100M in retail sector](https://businessplus.com.pk/wafi-energy-pakistan-announces-to-invest-100m-in-retail-sector/) - Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb reaffirmed the government’s commitment to sustaining macroeconomic stability, strengthening foreign exchange buffers, and enhancing investor confidence. During the meeting with a delegation of Wafi Energy Pakistan Ltd, which signaled a potential investment of up to USD 100 million in Pakistan over the next two to three years. Wafi Energy Pakistan announces to invest $100M in retail sector - During the meeting with a delegation of Wafi Energy Pakistan Ltd, which signaled a potential investment of up to USD 100 million in Pakistan over the next two to three years. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb reaffirmed the government’s commitment to sustaining macroeconomic stability, strengthening foreign exchange buffers, and enhancing investor confidence. During the meeting with a delegation of Wafi Energy Pakistan Ltd, which signaled a potential investment of up to USD 100 million in Pakistan over the next two to three years. The delegation further informed that Wafi Energy Pakistan was considering potential investment of up to $100 million over the next two to three years to expand its retail footprint and storage capacity, with a focus on network growth, infrastructure development, and technology-driven improvements.
- [BYD Pakistan–MMC Announces Limited-Time Customer Offer On Its Newly Launched Sealion7 and Atto2](https://businessplus.com.pk/byd-pakistan-mmc-announces-limited-time-customer-offer-on-its-newly-launched-sealion7-and-atto2/) - BYD Pakistan, in partnership with Mega Motor Company (MMC), has recently launched two new-generation all-electric vehicles in the country, the BYD Atto 2 and the globally acclaimed BYD Sealion 7. BYD Pakistan–MMC Announces Limited-Time Customer Offer On Its Newly Launched Sealion7 and Atto2 - This includes a complimentary 7 kW wall-mounted home charger, with vehicle pricing inclusive of freight and inland transit insurance, ensuring complete transparency with no hidden charges. The offer also includes a 10-year warranty on the low-voltage LFP battery, providing long-term peace of mind. BYD Pakistan, in partnership with Mega Motor Company (MMC), has recently launched two new-generation all-electric vehicles in the country, the BYD Atto 2 and the globally acclaimed BYD Sealion 7. To mark the launch, BYD–MMC is offering additional value to customers booking during the launch period. This includes a complimentary 7 kW wall-mounted home charger, Atto 2 customers, the first two charging sessions will be offered free at any HubcoGreen station, while Sealion 7 customers will get free installation of the 7kW charger. This limited time offer is available on bookings for both the vehicles till February 28.
- [Geespace signs deal with Pakistan’s Paksat on satellite connectivity](https://businessplus.com.pk/geespace-signs-deal-with-pakistans-paksat-on-satellite-connectivity/) - Chinese commercial space firm Geespace, a subsidiary of Geely Holding, has signed a cooperation agreement with Pakistan’s satellite communications operator Paksat International to support the rollout of satellite-based connectivity services in Pakistan and nearby markets. Geespace signs deal with Pakistan’s Paksat on satellite connectivity - The cooperation will focus on policy coordination, technical cooperation and market development for Geespace’s low-Earth-orbit satellite IoT constellation in Pakistan and surrounding areas. Chinese commercial space firm Geespace, a subsidiary of Geely Holding, has signed a cooperation agreement with Pakistan’s satellite communications operator Paksat International to support the rollout of satellite-based connectivity services in Pakistan and nearby markets. “This partnership aims to enhance [Pakistan’s] digital infrastructure, improve connectivity in remote areas, and support the region’s growing digital economy,” Under the agreement, Paksat will assist with policy engagement, spectrum coordination and compliance-related matters required for commercial operations in Pakistan, while the two sides will also explore cooperation on network access, service integration and marketing.
- [Pakistan to Hold 5G Spectrum Auction on March 10, 2026](https://businessplus.com.pk/pakistan-to-hold-5g-spectrum-auction-on-march-10-2026/) - The Pakistan Telecommunication Authority (PTA) has announced that the “Spectrum Auction for Next Generation Mobile Services (NGMS)/5G in Pakistan” will be conducted on 10 March 2026. Pakistan to Hold 5G Spectrum Auction on March 10, 2026 - The confirmed timeline provides telecom operators and prospective bidders with adequate preparation time and reflects PTA’s commitment to facilitating optimal participation while ensuring full alignment with procedural and regulatory requirements. The Pakistan Telecommunication Authority (PTA) has announced that the “Spectrum Auction for Next Generation Mobile Services (NGMS)/5G in Pakistan” will be conducted on 10 March 2026. The confirmed timeline provides telecom operators and prospective bidders with adequate preparation time and reflects PTA’s commitment to facilitating optimal participation while ensuring full alignment with procedural and regulatory All interested parties are advised to review the Information Memorandum (IM) for “NGMS)/5G in Pakistan”.
- [KCCI Seeks Relief in Super Tax to Safeguard Businesses and Economy](https://businessplus.com.pk/kcci-seeks-relief-in-super-tax-to-safeguard-businesses-and-economy/) - The Karachi Chamber of Commerce and Industry (KCCI), warning of the destabilizing effects of abrupt and heavy Super Tax demands, has called for a structured and business‑friendly installment plan. According to KCCI, such a facility would enable taxpayers to meet their obligations without disrupting operations, thereby protecting economic activity and ensuring continuity in business growth. KCCI Seeks Relief in Super Tax to Safeguard Businesses and Economy - The Karachi Chamber of Commerce and Industry (KCCI), warning of the destabilizing effects of abrupt and heavy Super Tax demands, has called for a structured and business‑friendly installment plan. According to KCCI, such a facility would enable taxpayers to meet their obligations without disrupting operations, thereby protecting economic activity and ensuring continuity in business growth. The Karachi Chamber of Commerce and Industry (KCCI), warning of the destabilizing effects of abrupt and heavy Super Tax demands, has called for a structured and business‑friendly installment plan. According to KCCI, such a facility would enable taxpayers to meet their obligations without disrupting operations, thereby protecting economic activity and ensuring continuity in business growth. Muhammad Rehan Hanif proposed options of adjustment of super tax liabilities against long-pending income tax and sales tax refund claims, and discharging super tax liabilities in installments over a reasonable period and argued that such an approach would ensure better compliance while safeguarding industrial continuity and employment.
- [FBR directs tax offices to remain open on Jan 31](https://businessplus.com.pk/fbr-directs-tax-offices-to-remain-open-on-jan-31/) - For facilitation of the taxpayers, the Federal Board of Revenue (FBR) has directed that all Large Taxpayers’ Offices (LTOs), Medium Taxpayers’ Offices (MTOs), Corporate Tax Offices (CTOs) and Regional Tax Offices (RTOs) would remain open on Saturday, the 31st January, 2026. FBR directs tax offices to remain open on Jan 31 - According to an FBR directive, all such offices will observe January 31, 2026 as a normal working day for the collection of duties and taxes. For facilitation of the taxpayers, the Federal Board of Revenue (FBR) has directed that all Large Taxpayers’ Offices (LTOs), Medium Taxpayers’ Offices (MTOs), Corporate Tax Offices (CTOs) and Regional Tax Offices (RTOs) would remain open on Saturday, the 31st January, 2026. According to an FBR directive, all such offices will observe January 31, 2026 as Federal Board of Revenue (FBR) has directed that all Large Taxpayers’ Offices (LTOs), Medium Taxpayers’ Offices (MTOs), Corporate Tax Offices (CTOs) and Regional Tax Offices (RTOs) would remain open on Saturday, the 31st January, 2026.
- [Pakistan Gold Price Surges to Rs 21,100 Within One Day](https://businessplus.com.pk/pakistan-gold-price-surges-to-rs-21100-within-one-day/) - Gold prices surged to an all-time high in the local market on Wednesday as the price of 24-karat gold per tola jumped by Rs21,100 to settle at Rs551,662. Pakistan Gold Price Surges to Rs 21,100 Within One Day - Gold prices surged to an all-time high in the local market on Wednesday as the price of 24-karat gold per tola jumped by Rs21,100 to settle at Rs551,662. Gold prices surged to an all-time high in the local market on Wednesday as the price of 24-karat gold per tola jumped by Rs21,100 to settle at Rs551,662. The price of 10 grams of 24-karat gold also jumped by Rs18,090 to Rs472,961, while the price of 10 grams of 22-karat gold rose by Rs16,583 to The price of 10 grams of 24-karat gold also jumped by Rs18,090 to Rs472,961, while the price of 10 grams of 22-karat gold rose by Rs16,583 to Rs433,563, according to the All Pakistan Sarafa Gems and Jewellers Association.
- [Pakistan, Türkiye Strengthen Rice Trade Ties with Competitive Pricing & Higher Export Volumes](https://businessplus.com.pk/pakistan-turkiye-strengthen-rice-trade-ties-with-competitive-pricing-higher-export-volumes/) - Federal Minister for Commerce Jam Kamal Khan held a detailed meeting with the Turkish Ambassador to Pakistan, Dr. Irfan Neziroglu, at the Ministry of Foreign Affairs (MoFA) to review and enhance bilateral trade cooperation, with a special focus on increasing Pakistan’s rice exports to Türkiye. Pakistan, Türkiye Strengthen Rice Trade Ties with Competitive Pricing & Higher Export Volumes - The Federal Minister also raised key market-access issues, including tariff-rate quotas (TRQs), import licensing procedures, and the possibility of zero or reduced tariffs on basmati rice. Federal Minister for Commerce Jam Kamal Khan held a detailed meeting with the Turkish Ambassador to Pakistan, Dr. Irfan Neziroglu, at the Ministry of Foreign Affairs (MoFA) to review and enhance bilateral trade cooperation, with a special focus on increasing Pakistan’s rice exports to Türkiye. The meeting was held on the directions of Prime Minister, To facilitate this objective, both sides discussed activating government-to-government (G2G) trade channels alongside existing private-sector mechanisms. Under the proposed framework, Pakistan’s state trading entities would coordinate with relevant Turkish public and private sector institutions, including state-owned grain procurement bodies, to enable bulk procurement where price competitiveness is ensured.
- [WhatsApp's Latest Privacy Protection: Strict Account Settings](https://businessplus.com.pk/whatsapps-latest-privacy-protection-strict-account-settings/) - WhatsApp allows its users to have a private conversation, just like one would in-person. It will always defend the right to privacy for its users, starting with default end-to-end encryption. WhatsApp's Latest Privacy Protection: Strict Account Settings - If this feature is on, certain account settings will lock to the most restrictive settings, and it will limit how WhatsApp works in some ways, like blocking attachments and media from people not in the contacts. WhatsApp allows its users to have a private conversation, just like one would in-person. It will always defend the right to privacy for its users, starting with default end-to-end encryption. But the organization knows that a few of the users – like journalists or public-facing figures – may need extreme safeguards against rare and highly-sophisticated Strict Account Settings is one of many ways to protect the users from the most sophisticated of cyber threats.
- [Pakistan’s rice exports to China cross $62 million in 2025](https://businessplus.com.pk/pakistans-rice-exports-to-china-cross-62-million-in-2025/) - Pakistan’s rice exports to China surpassed $62.26 million in 2025, underpinned by strong shipments of semi- or wholly milled rice and steady demand for broken rice across multiple Chinese provinces, according to the General Administration of Customs of the People’s Repulic of China's latest figures. Pakistan’s rice exports to China cross $62 million in 2025 - The Chinese Customs data showed that in volume terms, Pakistan exported a total of about 157.74 million kilograms of rice to China in 2025. Pakistan’s rice exports to China surpassed $62.26 million in 2025, underpinned by strong shipments of semi- or wholly milled rice and steady demand for broken rice across multiple Chinese provinces, according to the General Administration of Customs of the People’s Repulic of China's latest figures. The Chinese Customs data showed that in volume terms, Pakistan The bulk of shipments, 110.10 million kilograms, comprised semi- or wholly milled rice (HS 10063020), which alone generated $46.86 million in export earnings. Broken rice categories together accounted for 47.63 million kilograms, contributing the remaining value.
- [Pakistan Pavilion at Gulfood 2026 inaugurated in Dubai](https://businessplus.com.pk/pakistan-pavilion-at-gulfood-2026-inaugurated-in-dubai/) - The Trade Development Authority of Pakistan (TDAP) has marked its largest-ever participation at Gulfood 2026, the world’s leading food and beverage trade exhibition, with the inauguration of the Pakistan Pavilion in Dubai. Pakistan Pavilion at Gulfood 2026 inaugurated in Dubai - Pakistan’s expanded presence at this premier global platform highlights the country’s sustained efforts to enhance exports, diversify markets, and strengthen engagement with global food value chains. The Trade Development Authority of Pakistan (TDAP) has marked its largest-ever participation at Gulfood 2026, the world’s leading food and beverage trade exhibition, with the inauguration of the Pakistan Pavilion in Dubai. Pakistan’s expanded presence at this premier global platform highlights the country’s sustained efforts to enhance exports, diversify markets, and strengthen engagement with global TDAP is facilitating the participation of an unprecedented 67 Pakistani companies, while 75 companies are participating independently, across four specialized pavilions covering Rice, Pulses & Grains, World Food, Beverages, and Meat & Poultry sectors. Notably, 30 companies from the rice sector are participating under TDAP, reflecting a strong and robust presence and reinforcing Pakistan’s growing footprint in the global agri-food marketplace.
- [State Bank of Pakistan Keeps Interest Rate Unchanged at 10.5%](https://businessplus.com.pk/state-bank-of-pakistan-keeps-interest-rate-unchanged-at-10-5/) - State Bank of Pakistan (SBP) kept the policy rate unchanged at 10.5 percent owing to rising inflation expectations and widening trade gap and current account deficit. State Bank of Pakistan Keeps Interest Rate Unchanged at 10.5% - Highlighting the reasons to maintain the policy rate at 10.5%, he stated that stickiness in Core Inflation and forward looking outlook indicate an uptick in inflation in coming months but those will reverse shortly. To ensure price stability and support sustainable economic growth, State Bank of Pakistan (SBP) kept the policy rate unchanged at 10.5 percent owing to rising inflation expectations and widening trade gap and current account deficit. The Governor SBP, Jameel Ahmad, Yesterday addressing a press conference along with Deputy Governors of the central bank, announced the The central bank has upgraded its GDP Growth outlook for FY26 by 0.5% to a range between 3.75% – 4.75% and even its lower range i.e 3.75% is better than average annual growth of the previous 30 years, he said and added that inflation is projected to remain in range of 5 – 7%, current account at 0 to 1% during FY26.
- [Neha Karim Ullah Lights Up New York’s Times Square as Spotify’s EQUAL Pakistan Ambassador for Q1 2026](https://businessplus.com.pk/neha-karim-ullah-lights-up-new-yorks-times-square-as-spotifys-equal-pakistan-ambassador-for-q1-2026/) - Spotify has announced rising dance-pop artist Neha Karim Ullah as the EQUAL Pakistan Ambassador for the first quarter of 2026, celebrating her as a fresh and compelling voice in Pakistan’s evolving music scene. On January 22, Neha was featured on Spotify’s Times Square billboard in New York City and has been showcased across multiple curated playlists on the platform, marking a significant milestone in her artistic journey. Neha Karim Ullah Lights Up New York’s Times Square as Spotify’s EQUAL Pakistan Ambassador for Q1 2026 - Her featured track, “Aao Toh Zara,” has struck a chord with audiences for its modern production and heartfelt narrative, helping her build a distinct and growing fanbase both locally and internationally. Spotify has announced rising dance-pop artist Neha Karim Ullah as the EQUAL Pakistan Ambassador for the first quarter of 2026, celebrating her as a fresh and compelling voice in Pakistan’s evolving music scene. On January 22, Neha was featured on Spotify’s Times Square billboard in New York City and has been showcased across multiple curated Neha’s catalog showcases her versatility within the dance-pop space, with tracks that balance high-energy production and emotional nuance. Songs such as “Modern Day Witch Trial (Mdwt)” and “Deewanay” reflect her flair for rhythmic, dance-driven sounds, while releases like “Na Karoon” reveal a more reflective dimension of her artistry.
- [TDAP to showcase Pakistan’s agro, food participation at Gulfood](https://businessplus.com.pk/tdap-to-showcase-pakistans-agro-food-participation-at-gulfood/) - The Trade Development Authority of Pakistan (TDAP) is set to mark a historic milestone at Gulfood 2026, orchestrating the country’s largest-scale participation to date at the world’s premier food and beverage trade exhibition. TDAP to showcase Pakistan’s agro, food participation at Gulfood - TDAP is facilitating an unprecedented 67 Pakistani companies across four specialized pavilions, covering rice, pulses & grains, world food, beverages, and meat & poultry sectors. The Trade Development Authority of Pakistan (TDAP) is set to mark a historic milestone at Gulfood 2026, orchestrating the country’s largest-scale participation to date at the world’s premier food and beverage trade exhibition. Scheduled from 26th to 30th January 2026 at the Dubai World Trade Centre and Dubai Expo City, the event will bring together TDAP is facilitating an unprecedented 67 Pakistani companies across four specialized pavilions, covering rice, pulses & grains, world food, beverages, and meat & poultry sectors.
- [From the World’s No.1 NEV Brand, BYD Sealion 7 and Atto 2 Debut in Pakistan](https://businessplus.com.pk/from-the-worlds-no-1-nev-brand-byd-sealion-7-and-atto-2-debut-in-pakistan/) - Mega Motor Company (MMC), in partnership with BYD, the world’s no.1 New Energy Vehicle (NEV) manufacturer, announced the launch of BYD Sealion 7 and BYD Atto 2 in Pakistan. From the World’s No.1 NEV Brand, BYD Sealion 7 and Atto 2 Debut in Pakistan - The BYD Sealion 7 is a premium SUV with luxury-first cabin engineered to compete with the world’s leading premium EVs on ride quality, technology, and safety. One of BYD’s highest-selling models in the Asia-Pacific region Mega Motor Company (MMC), in partnership with BYD, the world’s no.1 New Energy Vehicle (NEV) manufacturer, announced the launch of BYD Sealion 7 and BYD Atto 2 in Pakistan, marking another milestone in the country’s transition towards clean and sustainable mobility. Launched at a dealership event in Lahore, the two models strengthen BYD-MMC’s growing NEV The BYD Atto 2 is a smart, all-electric SUV designed for Pakistani drivers, bringing BYD’s signature design and intelligent technology for everyday use. The Atto 2 offers advanced features including keyless start with NFC card access, a 50W wireless charging pad, ergonomic electric and ventilated seats, and an intuitive cabin layout.
- [BankIslami Launches Pakistan’s First Shariah-Compliant Raast QR Payment Gateway](https://businessplus.com.pk/bankislami-launches-pakistans-first-shariah-compliant-raast-qr-payment-gateway/) - Pakistan’s first digital Islamic banking platform, ‘aik’ by BankIslami, has launched aikPay— Pakistan’s first Shariah-compliant Raast-enabled QR Payment Gateway. Built on the State Bank of Pakistan’s Raast infrastructure, aikPay enables real-time online payments through dynamic QR codes, allowing customers to pay instantly from their bank accounts and enabling merchants to receive payments securely through a smooth checkout experience. BankIslami Launches Pakistan’s First Shariah-Compliant Raast QR Payment Gateway - With aikPay, customers can shop and pay online with greater ease using any Raast-enabled mobile banking app, with instant transaction confirmation and a card-free checkout experience. Pakistan’s first digital Islamic banking platform, ‘aik’ by BankIslami, has launched aikPay— Pakistan’s first Shariah-compliant Raast-enabled QR Payment Gateway. Built on the State Bank of Pakistan’s Raast infrastructure, aikPay enables real-time online payments through dynamic QR codes, allowing customers to pay instantly from their bank accounts and enabling merchants to receive payments securely through a Merchants benefit from a wider nationwide reach through Raast interoperability, real-time payment confirmation, instant settlement for improved liquidity, and low-cost payment acceptance through competitive MDR rates, making it a scalable solution for SMEs, online businesses, institutions, and government entities.
- [Nestlé Announces $60M Boost to Pakistan Economy Through New Investment](https://businessplus.com.pk/nestle-announces-60m-boost-to-pakistan-economy-through-new-investment/) - The multinational food and beverage company, Nestlé, on Thursday announced an additional investment of $60 million in Pakistan during a roundtable discussion on the sidelines of the World Economic Forum (WEF) in Davos. Nestlé Announces $60M Boost to Pakistan Economy Through New Investment - Ejel further announced that Nestlé intends to use Pakistan as a regional manufacturing and export hub, exporting products to 26 countries from Pakistan. The multinational food and beverage company, Nestlé, on Thursday announced an additional investment of $60 million in Pakistan during a roundtable discussion on the sidelines of the World Economic Forum (WEF) in Davos. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb chaired the high-level business roundtable, bringing together Chief Executive Officers and senior leaders Remy Ejel said, that Nestlé would undertake a robust expansion of its operations in the country, reaffirming its long-term commitment to Pakistan.
- [Mobilink Bank achieves ISO 27001 certification for its robust Information Security System](https://businessplus.com.pk/mobilink-bank-achieves-iso-27001-certification-for-its-robust-information-security-system/) - Pakistan’s leading digital microfinance bank, Mobilink Bank, has achieved ISO/IEC 27001:2022 certification, which is a globally recognized standard for Information Security Management Systems (ISMS) awarded to organizations that meet international standards for data security. Mobilink Bank achieves ISO 27001 certification for its robust Information Security System - This milestone aligns with Mobilink Bank’s customer-first focus and commitment to service innovation by embedding global standards into core operations. It continues to enhance the security and reliability of its platforms to reinforce customer confidence and support wider adoption of digital banking services. Pakistan’s leading digital microfinance bank, Mobilink Bank, has achieved ISO/IEC 27001:2022 certification, which is a globally recognized standard for Information Security Management Systems (ISMS) awarded to organizations that meet international standards for data security. The achievement demonstrates the strength of Mobilink Bank’s information security governance, its systematic approach to managing cyber risks, and protecting customer The achievement demonstrates the strength of Mobilink Bank’s information security governance, its systematic approach to managing cyber risks, and protecting customer data through internationally recognized best practices.
- [CAT dismisses banks’ appeals, upholds CCP’s Rs.205M penalties in ESA Cartel Case](https://businessplus.com.pk/cat-dismisses-banks-appeals-upholds-ccps-rs-205m-penalties-in-esa-cartel-case/) - The CCP had imposed a penalty of PKR 30 million on the PBA and PKR 25 million each on Habib Bank Limited, Allied Bank Limited, MCB Bank Limited, United Bank Limited, Saudi Pak Bank Limited, Atlas Bank Limited, and National Bank Limited. CAT dismisses banks’ appeals, upholds CCP’s Rs.205M penalties in ESA Cartel Case - The appeals challenged the CCP’s April 2008 order as well CCP’s Appellate Bench’s Order dated 10-06-2009, which found the PBA and seven major banks guilty of collusive practices in introducing an Enhanced Savings Account (ESA). The Commission had concluded that the coordinated move distorted competition and created unfair conditions for small bank depositors, in violation of Section 4 of the Competition Ordinance, 2007. The Competition Appellate Tribunal on Wednesday dismissed ten long-pending appeals filed by several banks and the Pakistan Banks Association, upholding the Competition Commission of Pakistan’s order imposing collective penalties of approximately PKR 205 million for cartel-like conduct. The appeals challenged the CCP’s April 2008 order as well CCP’s Appellate Bench’s Order dated 10-06-2009, which found The CCP had imposed a penalty of PKR 30 million on the PBA and PKR 25 million each on Habib Bank Limited, Allied Bank Limited, MCB Bank Limited, United Bank Limited, Saudi Pak Bank Limited, Atlas Bank Limited, and National Bank Limited.
- [Gold Prices Surge Rs.12,700 in Pakistan, Touch All‑Time High of Rs.506,362 Per Tola](https://businessplus.com.pk/gold-prices-surge-rs-12700-in-pakistan-touch-all‑time-high-of-rs-506362-per-tola/) - Gold prices surged to an all-time high in the local market on Wednesday as the price of 24-karat gold per tola jumped by Rs12,700 to settle at Rs506,362. Gold Prices Surge Rs.12,700 in Pakistan, Touch All‑Time High of Rs.506,362 Per Tola - The price of 10 grams of 24-karat gold also jumped by Rs10,888 to Rs434,123, while the price of 10 grams of 22-karat gold rose by Rs9,981 to Rs397,960, according to the All Pakistan Sarafa Gems and Jewellers Association. Gold prices surged to an all-time high in the local market on Wednesday as the price of 24-karat gold per tola jumped by Rs12,700 to settle at Rs506,362. The price of 10 grams of 24-karat gold also jumped by Rs10,888 to Rs434,123, while the price of 10 grams of 22-karat gold rose by Rs9,981 to In the international market, gold prices climbed by $127 to reach $4,840 per ounce, marking a fresh record, while silver prices rose by $0.64 to $94.58 per ounce, the association reported.
- [Crypto Markets Tumble: Bitcoin Price Drops Under $90,000](https://businessplus.com.pk/crypto-markets-tumble-bitcoin-price-drops-under-90000/) - BITCOIN slid to its lowest level in more than a week, tracking a sharp selloff across global financial markets as investors continued to de-risk amid ongoing geopolitical tensions. Crypto Markets Tumble: Bitcoin Price Drops Under $90,000 - The largest cryptocurrency fell below US$90,000 for the first time since Jan 9, moving in tandem with declines in equities, long-dated Treasuries and Japanese bonds as volatility rippled through debt markets. BITCOIN slid to its lowest level in more than a week, tracking a sharp selloff across global financial markets as investors continued to de-risk amid ongoing geopolitical tensions. The largest cryptocurrency fell below US$90,000 for the first time since Jan 9, moving in tandem with declines in equities, long-dated Treasuries and Japanese bonds as volatility After falling as much as 4 per cent on Tuesday, Bitcoin continued to slide on Wednesday morning in Asia. It was down 0.5 per cent to US$88,894 as of 9.27 am in Singapore.
- [UBL & AUTON8 Successfully Complete Core Banking Data Migration for 105 Ex‑Silk Bank Branches](https://businessplus.com.pk/ubl-auton8-successfully-complete-core-banking-data-migration-for-105-ex‑silk-bank-branches/) - United Bank Limited (UBL) has successfully completed a large-scale core banking data migration with AUTON8 in six months, transitioning data from Ex-Silkbank’s Temenos T24 core banking system to UBL’s Symbols platform. UBL & AUTON8 Successfully Complete Core Banking Data Migration for 105 Ex‑Silk Bank Branches - The program encompassed customer accounts records across 105 branches and was executed with zero critical data loss within six months, ensuring complete accuracy, reconciliation, and uninterrupted operational continuity. United Bank Limited (UBL) has successfully completed a large-scale core banking data migration with AUTON8 in six months, transitioning data from Ex-Silkbank’s Temenos T24 core banking system to UBL’s Symbols platform. The program encompassed customer accounts records across 105 branches and was executed with zero critical data loss within six months, ensuring complete accuracy, reconciliation, The initiative addressed significant technical challenges, including high-volume data processing within restricted banking windows, complex mapping across account structures, branch codes, customer identifiers, and GL/symbol hierarchies, as well as the remediation of legacy data quality issues. To accelerate repeatable conversion cycles and reduce cutover risk, AUTON8 utilised MORPH to configure governed transformation logic between source and target structures, enabling the rapid refinement of mapping rules across dry runs with consistent outcomes carried into the final migration.
- [Tarbela 5th Extension 56% complete; generation to commence in April 2027](https://businessplus.com.pk/tarbela-5th-extension-56-complete-generation-to-commence-in-april-2027/) - Chairman WAPDA Lt Gen Muhammad Saeed (Retd) visited in detail the major components of Tarbela 5th Extension Hydropower Project (T5 HPP) being constructed on Tunnel No. 5 of Tarbela Dam with financial assistance of World Bank and Asian Infrastructure Investment Bank. Tarbela 5th Extension 56% complete; generation to commence in April 2027 - Tarbela 5th Extension Hydropower Project has a cumulative generation capacity of 1530 MW with three generating units of 510 MW each. With completion of Tarbela 5th Extension, the installed power generation capacity at Tarbela Dam will increase from 4888 MW to 6418 MW Chairman WAPDA Lt Gen Muhammad Saeed (Retd) visited in detail the major components of Tarbela 5th Extension Hydropower Project (T5 HPP) being constructed on Tunnel No. 5 of Tarbela Dam with financial assistance With completion of Tarbela 5th Extension, the installed power generation capacity at Tarbela Dam will increase from 4888 MW to 6418 MW.
- [GCT Turns Rani Bagh Hyderabad into Wonderland, Begins Rs900M Ramazan Drive for 777 Orphans](https://businessplus.com.pk/gct-turns-rani-bagh-hyderabad-into-wonderland-begins-rs900m-ramazan-drive-for-777-orphans/) - Beyond joy and recreation, the galas also marked the formal launch of Green Crescent Trust’s Ramazan 2026 fundraising campaign, which aims to raise Rs900 million to combat illiteracy and expand access to quality education for disadvantaged children in Sindh. GCT Turns Rani Bagh Hyderabad into Wonderland, Begins Rs900M Ramazan Drive for 777 Orphans - Beyond joy and recreation, the galas also marked the formal launch of Green Crescent Trust’s Ramazan 2026 fundraising campaign, which aims to raise Rs900 million to combat illiteracy and expand access to quality education for disadvantaged children in Sindh. Laughter echoed, rides whirred, and young faces lit up with joy as 777 orphaned students from Sindh’s most underserved communities enjoyed a memorable day at Hyderabad’s historic Rani Bagh, during a special recreational programme organised by the Green Crescent Trust (GCT). The day-long fun gala brought together students from 65 GCT schools across 18 districts CT Chief Executive Officer Zahid Saeed paid heartfelt tribute to the Trust’s donors, patrons and well-wishers, whose sustained generosity, he said, makes year-round care, education and recreation for orphaned children possible. He offered special appreciation to ICNA Canada (Islamic Circle of North America), acknowledging its philanthropists for conceptualising and fully supporting a comprehensive, year-round assistance programme for orphan students.
- [RDA inflows rise to $11.707 Billion in Dec 2025](https://businessplus.com.pk/rda-inflows-rise-to-11-707-billion-in-dec-2025/) - The inflow of remittances under Roshan Digital Account (RDA) has risen to US $11.707 billion by the end of December 2025, as compared to US $11.494 billion by November (2025) end. RDA inflows rise to $11.707 Billion in Dec 2025 - The number of accounts registered under the programme also rose by 10,093 to 893,193 in December 2025 from 883,037 accounts in November 2025. The inflow of remittances under Roshan Digital Account (RDA) has risen to US $11.707 billion by the end of December 2025, as compared to US $11.494 billion by November (2025) end. The data showed that the inflows of remittances during December were recorded at US$213 million as compared to US$181 million in November and US$205 By the end of December, overseas Pakistanis have invested US $499 million in Naya Pakistan Certificates, US $1,024 million in Naya Pakistan Islamic Certificates, and US $106 million in Roshan Equity Investment.
- [Pakistan Records $1.1B Current Account Deficit in First Half FY26](https://businessplus.com.pk/pakistan-records-1-1b-current-account-deficit-in-first-half-fy26/) - Pakistan’s External Current Account Balance recorded a deficit of US$ 1,174 million during the first half of fiscal year 2025-26 in comparison to a surplus of $957 million during July-December 2024-25. Pakistan Records $1.1B Current Account Deficit in First Half FY26 - Current Account Balance, in the month of December 2025, recorded a deficit of $ 244 million compared to a surplus of $98 million in November 2025 and $ 454 million surplus in December 2024, the State Bank of Pakistan reported on Monday in the monthly summary of Balance of Payments. Pakistan’s External Current Account Balance recorded a deficit of US$ 1,174 million during the first half of fiscal year 2025-26 in comparison to a surplus of $957 million during July-December 2024-25. Current Account Balance, in the month of December 2025, recorded a deficit of $ 244 million compared to a surplus of $98 million in The cumulative balance in trade of goods during July-December 2025-26, according to the provisional figures released by the central bank, recorded a deficit of $ 15,818 million as compared to $ 11,583 million deficit in corresponding period of FY24-25.
- [KGTML, GENMA Agreement to Boost Karachi Port Bulk Cargo Efficiency](https://businessplus.com.pk/kgtml-genma-agreement-to-boost-karachi-port-bulk-cargo-efficiency/) - To transform bulk cargo handling at Karachi Port, the Karachi Gateway Terminal Multipurpose (KGTML), signed an agreement with a Chinese company for the procurement of high-capacity automated bulk handling equipment. KGTML, GENMA Agreement to Boost Karachi Port Bulk Cargo Efficiency - Under this agreement, KGTML will install two unloaders (800 TPH) and two loaders (1000 TPH), significantly enhancing throughput, reducing vessel turnaround time, minimizing cargo spillage, and improving safety and environmental performance at Karachi Port. To transform bulk cargo handling at Karachi Port, the Karachi Gateway Terminal Multipurpose (KGTML), signed an agreement with a Chinese company for the procurement of high-capacity automated bulk handling equipment. Chairman Karachi Port Trust, Rear Admiral Shahid Ahmed SI (M) S. Bt (Retd), witnessed the signing ceremony between KGTML and GENMA, a global Chinese leader. With this investment, KGTML claimed to become Pakistan’s first dedicated and automated bulk export facility, strengthening the country’s export capability, lowering logistics costs, and improving supply chain reliability for domestic industries.
- [PMYP & Dellsons Unveil Free Digital Remittance Wallet for Overseas Pakistanis](https://businessplus.com.pk/pmyp-dellsons-unveil-free-digital-remittance-wallet-for-overseas-pakistanis/) - The Prime Minister’s Youth Programme signed a Letter of Intent (LOI) with Dellsons Associates Private Limited at the Prime Minister’s Office to collaborate on developing a Digital Wallet linked with the Digital Youth Hub, aimed at enabling instant and zero cost remittances for overseas Pakistanis, particularly blue collar workers in the United Arab Emirates, as PMYP & Dellsons Unveil Free Digital Remittance Wallet for Overseas Pakistanis - Under the proposed collaboration, a regulated Digital Wallet will be integrated with PMYP’s Digital Youth Hub, allowing overseas Pakistanis in the UAE to send remittances through formal banking channels at zero cost. The Prime Minister’s Youth Programme signed a Letter of Intent (LOI) with Dellsons Associates Private Limited at the Prime Minister’s Office to collaborate on developing a Digital Wallet linked with the Digital Youth Hub, aimed at enabling instant and zero cost remittances for overseas Pakistanis, particularly blue collar workers in the United Arab Emirates, as Under the proposed collaboration, a regulated Digital Wallet will be integrated with PMYP’s Digital Youth Hub, allowing overseas Pakistanis in the UAE to send remittances through formal banking channels at zero cost.
- [Spotify Spotlights Shae Gill as RADAR Pakistan Artist](https://businessplus.com.pk/spotify-spotlights-shae-gill-as-radar-pakistan-artist/) - Recognized as one of the country’s top emerging voices, Shae Gill has been named Spotify RADAR Pakistan’s featured artist for 2026. Shae Gill’s unique vocals and her commanding ability to blend contemporary with the traditional has allowed her to conquer the hearts of audiences not just locally but abroad. Spotify Spotlights Shae Gill as RADAR Pakistan Artist - Spotify is featuring her most recent release, “Insecurity”, a powerful Punjabi track that depicts dealing with exactly what the title says. With more than 256K streams accumulated since its launch, the track continues to hit all the right notes for listeners. Recognized as one of the country’s top emerging voices, Shae Gill has been named Spotify RADAR Pakistan’s featured artist for 2026. Shae Gill’s unique vocals and her commanding ability to blend contemporary with the traditional has allowed her to conquer the hearts of audiences not just locally but abroad. To celebrate her achievements, Spotify is Over the past month, Shae Gill’s powerful notes have resonated with audiences not just in Pakistan but across borders with top streamed countries including, but not limited to the United States, United Kingdom, Bangladesh and Canada.
- [Pakistan’s Corporate Growth Linked to Fairness at Work: Dr. Uzma Ismail](https://businessplus.com.pk/pakistans-corporate-growth-linked-to-fairness-at-work-dr-uzma-ismail/) - As Pakistan’s corporate sector grapples with rising competition for skilled talent and mounting pressure to improve performance, organisational justice, long treated as a soft management concept, is gaining renewed attention as a practical requirement for sustainable growth. Pakistan’s Corporate Growth Linked to Fairness at Work: Dr. Uzma Ismail - Dr Uzma Ismail, a London-based management and HR scholar, argues that Pakistan’s corporate sector will struggle to achieve sustained performance gains unless fairness is embedded as a core HR policy objective. “You can’t expect high performance from people who don’t trust the process,” she says. “Fairness is not about pleasing everyone, it’s about predictable, explainable decisions and respectful treatment.” As Pakistan’s corporate sector grapples with rising competition for skilled talent and mounting pressure to improve performance, organisational justice, long treated as a soft management concept, is gaining renewed attention as a practical requirement for sustainable growth. Across boardrooms and offices, disputes over promotions, performance appraisals, workloads and leave approvals often hinge on a single, Dr. Uzma Ismail identifies inconsistency as a common weakness in Pakistani organisations. Performance systems falter when standards vary between teams or feedback is limited to annual appraisals. Uneven access to training and weak record-keeping can also become “fairness signals” that employees quickly notice and share.
- [SBP injects Rs 358.5 billion in the market](https://businessplus.com.pk/sbp-injects-rs-358-5-billion-in-the-market/) - The State Bank of Pakistan (SBP), on Thursday, injected Rs 358.5 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market. SBP injects Rs 358.5 billion in the market - The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for an 8-day tenor on January 15, 2026, and injected Rs 203.5 billion while other Rs 155 billion were injected through Shariah Compliant Mudarabah based OMO. The State Bank of Pakistan (SBP), on Thursday, injected Rs 358.5 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market. The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for an 8-day tenor on January 15, 2026, and injected Rs 203.5 The central bank received 8 bids for the Reverse Repo Purchase of 8-day tenor, cumulatively offering Rs 203.5 billion at the rate of return ranging between 10.51 to 10.54%. The SBP accepted the entire amount of all the quotes at 10.51% rate of return.
- [Karachi Hosts AlBaraka Forum on Future of Digital Islamic Economy](https://businessplus.com.pk/karachi-hosts-albaraka-forum-on-future-of-digital-islamic-economy/) - AlBaraka Forum for Islamic Economy is organizing the sixth edition of its Regional Conference Series, titled “Islamic Economy in the Digital Age: Innovation within the Framework of Compliance.” Karachi Hosts AlBaraka Forum on Future of Digital Islamic Economy - AlBaraka Forum for Islamic Economy is organizing the sixth edition of its Regional Conference Series, titled “Islamic Economy in the Digital Age: Innovation within the Framework of Compliance.” As Pakistan advances steadily toward a comprehensive transition to a fully Shariah-compliant finance guided by national reforms, regulatory initiatives, and a growing public demand, the conversation around Islamic economics has evolved beyond theoretical debates into questions of implementation, innovation, and scalability within a rapidly digitizing economy. AlBaraka Forum for Islamic Economy is organizing the sixth Sharing his thoughts on the conference, H.E. Mr. Yousef Hassan Khalawi, Secretary General of AlBaraka Forum, stated: “What we are seeing in Pakistan is a shift from growth in Islamic finance to testing its ability to operate within a fully digital economy. Success here depends not only on technology, but on governance, regulation, and the role of scholars in guiding innovation. This positions Pakistan as an important reference point for the future of Islamic economy in Asia.”
- [China Pushes NEV Battery Recycling Reform for Sustainable Growth](https://businessplus.com.pk/china-pushes-nev-battery-recycling-reform-for-sustainable-growth/) - China will strengthen management on the recycling and comprehensive utilization of used new energy vehicle (NEV) power batteries, according to the interim measures jointly issued by the Ministry of Industry and Information Technology (MIIT) and five other departments on Friday. China Pushes NEV Battery Recycling Reform for Sustainable Growth - The move comes as China’s NEV industry has expanded rapidly. In 2025, NEV production and sales both exceeded 16 million units, accounting for over half of domestic new vehicle sales. China will strengthen management on the recycling and comprehensive utilization of used new energy vehicle (NEV) power batteries, according to the interim measures jointly issued by the Ministry of Industry and Information Technology (MIIT) and five other departments on Friday. Each power battery of NEVs will be assigned a digital identity under the interim measures, Each power battery of NEVs will be assigned a digital identity under the interim measures, which will take effect on April 1, 2026. Industry experts note that the regulation is timely, given that China is entering a phase of large-scale battery retirement, with projected used battery generation exceeding 1 million tonnes by 2030.
- [Pakistan Customs enforces official bank exchange rates on shipping charges](https://businessplus.com.pk/pakistan-customs-enforces-official-bank-exchange-rates-on-shipping-charges/) - Pakistan Customs has achieved a major industry-wide breakthrough by ensuring the application of official bank exchange rates on shipping charges, effectively ending the long-standing practice of arbitrary and excessive billing by international shipping lines and providing relief to traders and exporters. Pakistan Customs enforces official bank exchange rates on shipping charges - The All-Pakistan Shipping Association (APSA), through a formal communication on 12 January 2026, has confirmed that all member shipping lines are now charging shipping fees strictly on the basis of exchange rates provided by their respective authorized commercial banks, in accordance with State Bank of Pakistan (SBP) regulations. Pakistan Customs has achieved a major industry-wide breakthrough by ensuring the application of official bank exchange rates on shipping charges, effectively ending the long-standing practice of arbitrary and excessive billing by international shipping lines and providing relief to traders and exporters. The All-Pakistan Shipping Association (APSA), through a formal communication on 12 January 2026, has Written confirmations of compliance have been received from major international shipping lines and their local agents, including Hapag-Lloyd, Ocean Network Express (ONE), COSCO Shipping, CMA CGM, Mediterranean Shipping Company (MSC), OOCL, and United Marine Agencies, among others, establishing full industry-wide adherence to SBP-compliant exchange rates.
- [Temporary Airspace Closure in Iran Forces Airlines to Reroute](https://businessplus.com.pk/temporary-airspace-closure-in-iran-forces-airlines-to-reroute/) - Iran closed its airspace temporarily to most flights late on Wednesday, forcing airlines to cancel, reroute or delay some flights, amid concerns about possible military action between the United States and Iran. Temporary Airspace Closure in Iran Forces Airlines to Reroute - The United States already prohibits all US commercial flights from overflying Iran and there are no direct flights between the countries. Airline operators like flydubai and Turkish Airlines have canceled multiple flights to Iran in the past week. Iran closed its airspace temporarily to most flights late on Wednesday, forcing airlines to cancel, reroute or delay some flights, amid concerns about possible military action between the United States and Iran. Iran said in a notice posted by the US Federal Aviation Administration that it had closed its airspace to all flights except international The prohibition was set to last for more than two hours until 7.30 pm ET, or 0030 GMT, but the end time was an estimate, the notice said. It was still on the FAA website site 30 minutes after its estimated expiry. Iranian airspace was almost completely empty of civilian airplanes at 7.15 pm ET except for two Mahan Air flights traveling between Iran and China, according to tracking data from FlightRadar24.
- [PTA Clarifies No Internet Disruption Reported on 15 January](https://businessplus.com.pk/pta-clarifies-no-internet-disruption-reported-on-15-january/) - The Pakistan Telecommunication Authority (PTA) clarifies that information regarding any disruption of internet services on 15 January is incorrect and without factual basis. PTA Clarifies No Internet Disruption Reported on 15 January - Internet services across Pakistan remain stable and fully operational. The Pakistan Telecommunication Authority (PTA) clarifies that information regarding any disruption of internet services on 15 January is incorrect and without factual basis. Internet services across Pakistan remain stable and fully operational. Routine submarine cable maintenance is ongoing and will not affect internet service. PTA continues to monitor networks to ensure uninterrupted connectivity. Samsung to Routine submarine cable maintenance is ongoing and will not affect internet service.
- [Excessive Gaming Over 10 Hours a Week Linked to Poor Diet, Sleep in Young People](https://businessplus.com.pk/excessive-gaming-over-10-hours-a-week-linked-to-poor-diet-sleep-in-young-people/) - Playing video games for more than 10 hours a week may significantly affect young people’s diet, sleep and body weight, a new study shows. Excessive Gaming Over 10 Hours a Week Linked to Poor Diet, Sleep in Young People - Participants were classified as low (0-5 hours per week), moderate (5-10 hours) and high (10+ hours) gamers. Playing video games for more than 10 hours a week may significantly affect young people’s diet, sleep and body weight, a new study shows. The research, led by Australia’s Curtin University and published in Nutrition, surveyed 317 students from five universities across the country, with a median age of 20, said a Curtin University statement Students gaming more than 10 hours a week had poorer diet quality and higher obesity rates, with a median body mass index of 26.3 compared to 22.2 and 22.8 for low and moderate gamers respectively, the study showed.
- [Turkiye CG Highlights Tourism as Key Driver of Economic Growth](https://businessplus.com.pk/turkiye-cg-highlights-tourism-as-key-driver-of-economic-growth/) - Consul General of the Republic of Turkiye in Karachi, Ergul Kadak has emphasized that tourism represents a “low-hanging fruit” for Pakistan’s economic growth, which, if developed properly, could significantly reduce external financing requirements of the country. Turkiye CG Highlights Tourism as Key Driver of Economic Growth - Turkish CG clarified that applicants generally receive their passports within two weeks, which he described as an acceptable processing timeframe. He stated that approximately 95 percent of visa applications are processed within this period and added that the visa issuance system has improved significantly, with two weeks now serving as the standard benchmark. Consul General of the Republic of Turkiye in Karachi, Ergul Kadak has emphasized that tourism represents a “low-hanging fruit” for Pakistan’s economic growth, which, if developed properly, could significantly reduce external financing requirements of the country. Pakistan offers immense potential with its scenic coastlines, pristine beaches, rich cultural heritage, and breathtaking natural beauty. Highlighting these Turkish CG clarified that applicants generally receive their passports within two weeks, which he described as an acceptable processing timeframe. He stated that approximately 95 percent of visa applications are processed within this period and added that the visa issuance system has improved significantly, with two weeks now serving as the standard benchmark.
- [US Suspends Immigrant Visas for 75 Nations Including Pakistan](https://businessplus.com.pk/us-suspends-immigrant-visas-for-75-nations-including-pakistan/) - U.S. President Donald Trump’s administration is suspending processing for immigrant visas for applicants from Pakistan and 74 countries, a State Department spokesperson said on Wednesday, as part of Washington’s intensifying immigration crackdown. US Suspends Immigrant Visas for 75 Nations Including Pakistan - The pause, which will impact applicants from South Asia, besides Pakistan, including Afghanistan, Bangladesh, Bhutan, Nepal, and from Latin American countries including Brazil, Colombia, and Uruguay, Balkan countries such as Bosnia and Albania, and those from many nations in Africa, the Middle East, and the Caribbean, will begin on January 21. U.S. President Donald Trump’s administration is suspending processing for immigrant visas for applicants from Pakistan and 74 countries, a State Department spokesperson said on Wednesday, as part of Washington’s intensifying immigration crackdown. The pause, which will impact applicants from South Asia, besides Pakistan, including Afghanistan, Bangladesh, Bhutan, Nepal, and from Latin American countries including Brazil, The pause follows Trump’s December expansion of travel bans to 39 countries, suspension of asylum processing, and halting of citizenship and green card applications for citizens of countries already subject to restrictions.
- [Car Sales Surge 41.73% in First Half of FY2026](https://businessplus.com.pk/car-sales-surge-41-73-in-first-half-of-fy2026/) - The sale of cars in the country witnessed an increase of 41.73 during the first half of the current fiscal year 2025-26 as compared to the corresponding half of last year. Car Sales Surge 41.73% in First Half of FY2026 - Toyota Corolla and Toyota Yaris cars sale also grew by 73.57 percent from 9,633 units to 16,720 units while the sale of Honda cars witnessed a surged of 58.71 percent from 6,404 units during last year to 10,164 units during current year. The sale of cars in the country witnessed an increase of 41.73 during the first half of the current fiscal year 2025-26 as compared to the corresponding half of last year. During the July-December 2025-26, as many as 65,910 cars were sold against the sale of 46,502 units, showing growth of 41.73 percent, said Pakistan Suzuki Swift sales went up from 3,584 units to 6,944 units, showing an increase of 93.75 percent whereas the sale of Hyundai Elantra increased to 1,246 units from 603 units.
- [WHO Demands Immediate Tax Rise on Sugary Drinks and Alcohol to Protect Public Health](https://businessplus.com.pk/who-demands-immediate-tax-rise-on-sugary-drinks-and-alcohol-to-protect-public-health/) - Beverages like sugary drinks and alcohol are too accessible and cost too little in most of the world – helping fuel obesity, diabetes, cancer and injury, the World Health Organization (WHO) warned on Tuesday. WHO Demands Immediate Tax Rise on Sugary Drinks and Alcohol to Protect Public Health - As such, WHO, a Geneva-based UN agency, is calling on governments to significantly increase taxes on sugary drinks and alcohol, as two new reports reveal that levies remain low across many regions. Beverages like sugary drinks and alcohol are too accessible and cost too little in most of the world – helping fuel obesity, diabetes, cancer and injury, the World Health Organization (WHO) warned on Tuesday. As such, WHO, a Geneva-based UN agency, is calling on governments to significantly increase taxes on sugary drinks and alcohol, as Among other findings, the report on sugar-sweetened beverage taxes shows that while at least 116 countries tax sugary drinks – including sodas or carbonated canned drinks – other high-sugar products, such as 100 per cent fruit juices, sweetened milk drinks, and ready-to-drink coffees and teas, escape taxation. The report on the use of alcohol taxes shows that although 167 countries levy taxes on liquor, wine and beer, alcohol has become more affordable or remained unchanged in price in most countries since 2022, as taxes don’t get adjusted for inflation and income growth.
- [PTEA demands structural reforms for economic growth](https://businessplus.com.pk/ptea-demands-structural-reforms-for-economic-growth/) - Pakistan Textile Exporters Association (PTEA) has demanded the government to undertake structural reforms to restore competitiveness and stimulate economic growth. PTEA Chairman Sohail Pasha underscored the critical role of the textile sector and said that it contributes significantly to country’s GDP and employment. PTEA demands structural reforms for economic growth - PTEA Chairman Sohail Pasha said that the textile export industry is confronted with acute competitive challenges stemming from elevated energy tariffs, an excessive and discriminatory tax regime, and severe liquidity constraints. These factors are undermining the sector’s ability to sustain export growth and retain international market share. Pakistan Textile Exporters Association (PTEA) has demanded the government to undertake structural reforms to restore competitiveness and stimulate economic growth. PTEA Chairman Sohail Pasha underscored the critical role of the textile sector and said that it contributes significantly to country’s GDP and employment. He emphasized that the textile export industry is facing intense competitive pressures Banks collect advance tax at 1% as minimum tax, while an additional 1% advance tax is levied under sub-section (6C) of Section 147. In contrast, local supplies are taxed at 1% for textile goods and 0.5% for yarn traders.
- [Airbus Holds No.1 Planemaker Title, Faces Engine Supply Strains](https://businessplus.com.pk/airbus-holds-no-1-planemaker-title-faces-engine-supply-strains/) - Airbus reported a 4% increase in aircraft deliveries last year, reaching a total of 793 planes. The European aerospace giant said the performance keeps it firmly on track to remain the world’s largest planemaker, even as it continues to grapple with industrial challenges and mounting concerns over engine supply constraints. Airbus Holds No.1 Planemaker Title, Faces Engine Supply Strains - Airbus reported a 4% increase in aircraft deliveries last year, reaching a total of 793 planes. Airbus reported a 4% increase in aircraft deliveries last year, reaching a total of 793 planes. The European aerospace giant said the performance keeps it firmly on track to remain the world’s largest planemaker, even as it continues to grapple with industrial challenges and mounting concerns over engine supply constraints. Airbus warned of a “continued complex Airbus handed over 793 aircraft, including 607 A320neos (+1%), 93 A220s (+24%), 57 A350s (flat), and a slight rise in A330 wide-bodies (+1%).
- [Health Ministry and Roche Pakistan Sign Landmark Agreement to Provide Free Cancer Medicines](https://businessplus.com.pk/health-ministry-and-roche-pakistan-sign-landmark-agreement-to-provide-free-cancer-medicines/) - A formal signing ceremony for an agreement between the Ministry of National Health Services, Regulations and Coordination and Roche Pakistan was held to facilitate the provision of cancer treatment to patients residing in federally administered areas. Health Ministry and Roche Pakistan Sign Landmark Agreement to Provide Free Cancer Medicines - The Federal Minister highlighted that Roche Pakistan provides medicines for three major types of cancer, and under this agreement, free cancer medicines will be provided to patients from Islamabad, Azad Jammu & Kashmir, and Gilgit-Baltistan. A formal signing ceremony for an agreement between the Ministry of National Health Services, Regulations and Coordination and Roche Pakistan was held to facilitate the provision of cancer treatment to patients residing in federally administered areas. Addressing the ceremony, Federal Minister for Health, Syed Mustafa Kamal appreciated Roche Pakistan for offering a medicines support agreement The Federal Minister noted that the cost of treatment for a single cancer patient can reach up to PKR 9.8 million, and under this agreement, medicines worth approximately PKR 10 million will be provided free of cost to each eligible patient.
- [Workers’ Remittances Surge 10.6% to $19.7 Billion in First Half of FY26](https://businessplus.com.pk/workers-remittances-surge-10-6-to-19-7-billion-in-first-half-of-fy26/) - The overseas workers’ remittances witnessed an increase of 10.6 per cent during the first half of the current fiscal year 2025-26, the State Bank of Pakistan (SBP) reported. Workers’ Remittances Surge 10.6% to $19.7 Billion in First Half of FY26 - The inflow of $ 19.7 billion was recorded during July-December 2025-26 as compared to the inflow of $17.8 billion during July-December 2024-25, showing a growth of 10.6 per cent. The overseas workers’ remittances witnessed an increase of 10.6 per cent during the first half of the current fiscal year 2025-26, the State Bank of Pakistan (SBP) reported. The inflow of $ 19.7 billion was recorded during July-December 2025-26 as compared to the inflow of $17.8 billion during July-December 2024-25, showing a growth of 10.6 Remittances inflows during December 2025 were mainly sourced from Saudi Arabia (US$813.1 million), United Arab Emirates (US$726.1 million), United Kingdom (US$559.7 million) and United States of America (US$301.7 million).
- [ABHI Microfinance Bank Partners with Pathfinder Group to Drive Agent Interoperability and Wage Access Innovation](https://businessplus.com.pk/abhi-microfinance-bank-partners-with-pathfinder-group-to-drive-agent-interoperability-and-wage-access-innovation/) - ABHI Microfinance Bank Limited (“ABHI Bank”) has signed a Memorandum of Understanding (MoU) with Pathfinder Group to establish a strategic collaboration centered on agent interoperability, enabling wider access to formal financial services for underserved and frontline segments across Pakistan. ABHI Microfinance Bank Partners with Pathfinder Group to Drive Agent Interoperability and Wage Access Innovation - The partnership places Agent Interoperability at the core of the arrangement, allowing ABHI Bank to integrate with VRG’s interoperable agent platform. Through this collaboration, ABHI Bank customers will be able to access permissible banking and financial services via VRG’s agent interoperable network, in line with State Bank of Pakistan regulations extending banking reach beyond branches and smartphones. ABHI Microfinance Bank Limited (“ABHI Bank”) has signed a Memorandum of Understanding (MoU) with Pathfinder Group to establish a strategic collaboration centered on agent interoperability, enabling wider access to formal financial services for underserved and frontline segments across Pakistan. The partnership places Agent Interoperability at the core of the arrangement, allowing ABHI Bank to integrate ABHI Bank will also support Pathfinder Group through digital salary processing and bulk salary disbursement services, improving efficiency, transparency, and timeliness of salary payments for operational and frontline staff.
- [Smaller Pakistani banks among top return performers in Asia-Pacific: S&P Global](https://businessplus.com.pk/smaller-pakistani-banks-among-top-return-performers-in-asia-pacific-sp-global/) - Smaller Pakistani banks delivered some of the highest total returns to investors across the Asia-Pacific region in 2025, buoyed by a strong rally in local equity markets and improving macroeconomic indicators, according to an analysis by S&P Global Market Intelligence. Smaller Pakistani banks among top return performers in Asia-Pacific: S&P Global - The Bank of Punjab emerged as one of the top-performing banks in the region, posting total returns of 333.8 percent in 2025. Smaller Pakistani banks delivered some of the highest total returns to investors across the Asia-Pacific region in 2025, buoyed by a strong rally in local equity markets and improving macroeconomic indicators, according to an analysis by S&P Global Market Intelligence. The Bank of Punjab emerged as one of the top-performing banks in the region, posting United Bank Limited (UBL), with a market capitalisation of $3.8 billion, recorded investor returns of 143 percent. Bank Makramah, with a market capitalisation of around $140 million, delivered 119 percent returns, while Faysal Bank, valued at approximately $500 million, generated 115 percent total returns in 2025.
- [Emirates Premium Economy reach with expanded city rollout to include Karachi](https://businessplus.com.pk/emirates-premium-economy-reach-with-expanded-city-rollout-to-include-karachi/) - Emirates will continue rolling out its retrofitted Boeing 777 and new A350 aircraft to key destinations across Asia, the Middle East, Europe, North America, Africa, and Australia, bringing Premium Economy and its latest onboard products to more cities across its network. Starting on 1 March*, Emirates’ retrofitted three-class Boeing 777-200LR will begin operating daily to Karachi on EK606/607. Emirates Premium Economy reach with expanded city rollout to include Karachi - Emirates will continue rolling out its retrofitted Boeing 777 and new A350 aircraft to key destinations across Asia, the Middle East, Europe, North America, Africa, and Australia, bringing Premium Economy and its latest onboard products to more cities across its network. Starting on 1 March*, Emirates’ retrofitted three-class Boeing 777-200LR will begin operating daily to Karachi on EK606/607. Premium Economy to launch in ten new cities and expand to additional flights in two existing destinations Starting on 1 March*, Emirates’ retrofitted three-class Boeing 777-200LR will begin operating daily to Karachi on EK606/607 Emirates will continue rolling out its retrofitted Boeing 777 and new A350 aircraft to key destinations across Asia, the Middle East, Customers can look forward to Emirates’ award-winning Premium Economy experience, complete with extra legroom and added amenities, elevated dining, and more. The airline will deploy its Premium Economy retrofitted A380, Boeing 777 and A350 aircraft with the latest cabin interiors on more than 84 routes by 1July, underscoring its focus on delivering a premium and consistent experience across its network.
- [Auction for PSL new teams at Convention Centre tomorrow](https://businessplus.com.pk/auction-for-psl-new-teams-at-convention-centre-tomorrow/) - The auction for the two new teams in the HBL Pakistan Super League (PSL) is set to take place on Thursday, 8 January at the Jinnah Convention Centre in Islamabad. Auction for PSL new teams at Convention Centre tomorrow - The ceremony will begin at 4.15pm and will be live-streamed on the HBL PSL, PCB official YouTube Channels, Tapmad, Tamasha, Myco, and PCB Live (UK Region). Renowned singer Rahat Fateh Ali Khan will also perform at the event following the conclusion of the bidding process. The auction for the two new teams in the HBL Pakistan Super League (PSL) is set to take place on Thursday, 8 January at the Jinnah Convention Centre in Islamabad. The ceremony will begin at 4.15pm and will be live-streamed on the HBL PSL, PCB official YouTube Channels, Tapmad, Tamasha, Myco, and PCB Live (UK A total of 10 technically qualified bidders will be vying for two teams as the HBL PSL is set to expand from six to eight teams in its 11th and landmark season, which is scheduled to take place between 26 March and 3 May 2026.
- [PIA announces resumption of flights from Lahore to London](https://businessplus.com.pk/pia-announces-resumption-of-flights-from-lahore-to-london/) - Pakistan International Airlines (PIA) has announced the resumption of its air services from Lahore to London, marking a significant step in the expansion of its international network. The inaugural flight, PK 757, is scheduled to depart from Lahore on March 30th. PIA announces resumption of flights from Lahore to London - These flights will land at Heathrow Airport’s Terminal 4, reconnecting Lahore with one of the busiest air travel hubs in the world. Pakistan International Airlines (PIA) has announced the resumption of its air services from Lahore to London, marking a significant step in the expansion of its international network. The inaugural flight, PK 757, is scheduled to depart from Lahore on March 30th. These flights will land at Heathrow Airport’s Terminal 4, reconnecting Lahore with one of The new Lahore-London route brings the total weekly flights to the UK to seven while prior to restrictions, PIA operated 10 weekly flights between Pakistan and London.
- [BYD Maintains World’s No.1 NEV Ranking, Achieves 4.6 Million Global Sales in 2025](https://businessplus.com.pk/byd-maintains-worlds-no-1-nev-ranking-achieves-4-6-million-global-sales-in-2025/) - BYD, the world’s No. 1 manufacturer of New Energy Vehicles (NEVs), announced its global sales results for 2025, delivering more than 4.6 million NEVs and securing the global sales championship once again. BYD Maintains World’s No.1 NEV Ranking, Achieves 4.6 Million Global Sales in 2025 - “2025 has been a defining year for us at BYD, where besides record sales, we are witnessing exceptional acceptance not just at home but abroad as well”, noted Lei Jian, Country Head of BYD Pakistan. BYD, the world’s No. 1 manufacturer of New Energy Vehicles (NEVs), announced its global sales results for 2025, delivering more than 4.6 million NEVs and securing the global sales championship once again. This achievement highlights BYD’s global dominance that is strengthened by a commitment to innovation, quality and customer satisfaction across the world. As part The 2025 results reinforce BYD’s strategy of delivering high-performance vehicles with cutting-edge technologies that speak to the diverse needs of markets worldwide. With continued investments in R&D and international operations, BYD remains dedicated to shaping the future of mobility, both globally and in Pakistan.
- [PTA Issues MVNO Policy Framework After Cabinet Approval](https://businessplus.com.pk/pta-issues-mvno-policy-framework-after-cabinet-approval/) - The Pakistan Telecommunication Authority (PTA), following approval of the Federal Cabinet, has notified the Policy Framework for Mobile Virtual Network Operator (MVNO) Services in Pakistan to promote competition, innovation, and enhanced consumer choice in the telecommunications sector. The framework enables MVNOs to offer nationwide mobile and next-generation mobile services under their own brand identities through PTA Issues MVNO Policy Framework After Cabinet Approval - The Pakistan Telecommunication Authority (PTA), following approval of the Federal Cabinet, has notified the Policy Framework for Mobile Virtual Network Operator (MVNO) Services in Pakistan to promote competition, innovation, and enhanced consumer choice in the telecommunications sector. The Pakistan Telecommunication Authority (PTA), following approval of the Federal Cabinet, has notified the Policy Framework for Mobile Virtual Network Operator (MVNO) Services in Pakistan to promote competition, innovation, and enhanced consumer choice in the telecommunications sector. The framework enables MVNOs to offer nationwide mobile and next-generation mobile services under their own brand identities through MVNO licenses will be issued for an initial period of fifteen (15) years, subject to fulfillment of applicable regulatory requirements.
- [BYD Surpasses Tesla in Europe’s Top EV Markets: A New Era in Electric Car Leadership](https://businessplus.com.pk/byd-surpasses-tesla-in-europes-top-ev-markets-a-new-era-in-electric-car-leadership/) - BYD registered more than twice as many new vehicles in December as Tesla did, according to figures released by the Federal Motor Transport Authority. For the full year, its car sales in Europe’s biggest EV market surged eightfold to 23,306, while Tesla’s fell by nearly half to 19,390. BYD Surpasses Tesla in Europe’s Top EV Markets: A New Era in Electric Car Leadership - BYD raced ahead in 2025, delivering 2.26 million EVs compared to Tesla’s 1.64 million. BYD raced ahead in 2025, delivering 2.26 million EVs compared to Tesla’s 1.64 million. BYD outsold Tesla in Europe’s two largest electric-vehicle markets last year as the Chinese automaker continues its global expansion. In Germany, BYD registered more than twice as many new vehicles in December as Tesla did, according to figures released by the BYD also outperformed Tesla in the UK, the region’s second-largest market for plug-in cars. The maker of the Dolphin hatchback pulled ahead of Tesla in September and finished the year with 51,422 registrations, compared to Tesla’s 45,513.
- [Chinese Hoymiles partners with Harisun Energy and Superstar to launch high-tech storage solutions](https://businessplus.com.pk/chinese-hoymiles-partners-with-harisun-energy-and-superstar-to-launch-high-tech-storage-solutions/) - Renowned Chinese inverter manufacturer Hoymiles has entered Pakistan to provide high-tech, long-duration energy storage solutions for residential, commercial, and industrial buildings utilizing solar systems for electricity consumption. Chinese Hoymiles partners with Harisun Energy and Superstar to launch high-tech storage solutions - Speaking as the chief guest at the Hoymiles launching ceremony held at a local hotel on Monday, Ali Rashid, Advisor to the Chief Minister of Sindh on Science and IT, said the provincial government appreciates foreign investors, particularly Chinese companies, establishing their industries, assembly, and distribution units in the commercial city of Karachi to meet the demand of the local market as well as export solutions to other countries. Renowned Chinese inverter manufacturer Hoymiles has entered Pakistan to provide high-tech, long-duration energy storage solutions for residential, commercial, and industrial buildings utilizing solar systems for electricity consumption. Speaking as the chief guest at the Hoymiles launching ceremony held at a local hotel. Ali Rashid, Advisor to the Chief Minister of Sindh on Science and IT, “Pakistan’s growing solar sector is facing a major challenge related to long-hour backup and energy storage solutions, which will soon be addressed with the entry of a global leader in energy solutions,” said Haris Jamsheed, CEO of Harisun Energy. “Our partnership with the Chinese company will provide innovative energy storage solutions for residential, commercial, and industrial solar systems, enabling uninterrupted electricity supply at workplaces, factories, and homes during nighttime hours.”
- [BYD-MMC backs Karachi Marathon Winners to represent Pakistan internationally](https://businessplus.com.pk/byd-mmc-backs-karachi-marathon-winners-to-represent-pakistan-internationally/) - The top male finisher, Mr. Israr Khattak, completed the race in 2 hours 39 minutes. BYD-MMC backs Karachi Marathon Winners to represent Pakistan internationally - The top male finisher, Mr. Israr Khattak, completed the race in 2 hours 39 minutes, while the top female finisher, Ms. Sara Lodhi, finished in 3 hours 33 minutes, emerging as champions of Pakistan’s first World Athletics–certified long-distance running event. Mega Motor Company (MMC), the official partner of BYD in Pakistan, announced the sponsorship of Pakistan’s top running talent to represent the country at the London Marathon 2026. This announcement was made at the closing ceremony of the BYD Karachi Marathon, which brought together over 7000 athletes from across Pakistan, alongside more than 120 international Commenting on the partnership, Shoaib Nizami, CEO Sports in Pakistan and Race Director of the Karachi Marathon: “This is our third year of hosting an event of this scale, and with BYD’s support, we were able to take it to the next level. We truly appreciate BYD’s role in uniting the running community nationwide through social runs, digital campaigns, and dealership activations, helping rally the entire Country behind the sport. We hope this long-term partnership will help make marathon running a mainstream sport and give it the recognition it deserves.”
- [Groundbreaking of University Medical Complex set for Jan 4 as IMI rallies donor support](https://businessplus.com.pk/groundbreaking-of-university-medical-complex-set-for-jan-4-as-imi-rallies-donor-support/) - A landmark moment for Karachi’s healthcare landscape is set to unfold on January 4, 2026, when a UN-accredited international medical relief organisation will break ground on its flagship University Medical Complex (UMC)—a large-scale tertiary care hospital expected to treat up to one million patients every year, including 200,000 deserving patients who will receive treatment completely free of charge. Groundbreaking of University Medical Complex set for Jan 4 as IMI rallies donor support - To mobilise public support and accelerate construction, IMI will also host a fundraising event later the same day at a leading Karachi hotel. The event will feature a video presentation showcasing the vision, scope and life-saving impact of the UMC. A landmark moment for Karachi’s healthcare landscape is set to unfold on January 4, 2026, when a UN-accredited international medical relief organisation will break ground on its flagship University Medical Complex (UMC)—a large-scale tertiary care hospital expected to treat up to one million patients every year, including 200,000 deserving patients who will receive treatment completely Speaking ahead of the launch, IMI founder Dr Wajih Rizvi said the UMC was conceived after decades of experience operating 25 charitable clinics across Pakistan, which currently provide medical care to around 150,000 patients annually at no cost.
- [CCP Slaps Fine on Mezan Beverages for Deceptive Marketing](https://businessplus.com.pk/ccp-slaps-fine-on-mezan-beverages-for-deceptive-marketing/) - The Competition Commission of Pakistan (CCP) has imposed a penalty of PKR 150 million on Mezan Beverages (Private) Limited, the commission said on today (Jan 02). CCP Slaps Fine on Mezan Beverages for Deceptive Marketing - The company was found to have imitated the packaging and trade dress of PepsiCo’s Sting energy drink, thereby engaging in deceptive marketing practices in violation of Section 10 of the Competition Act, 2010, according to CCP statement. The Competition Commission of Pakistan (CCP) has imposed a penalty of PKR 150 million on Mezan Beverages (Private) Limited, the commission said on today (Jan 02). The company was found to have imitated the packaging and trade dress of PepsiCo’s Sting energy drink, thereby engaging in deceptive marketing practices in violation of Section 10 of The Commission held that Mezan’s “Storm” energy drink fraudulently copied the overall look, feel, colour scheme, bottle design, and branding elements of Sting, creating a likelihood of consumer confusion at the point of sale. The order concluded that such conduct amounted to parasitic copying and constituted deceptive marketing prohibited under Pakistan’s competition law.
- [VEON Group Invests USD 20 Million in Mobilink Bank to Accelerate Digital Islamic Banking Expansion](https://businessplus.com.pk/veon-group-invests-usd-20-million-in-mobilink-bank-to-accelerate-digital-islamic-banking-expansion/) - Global digital operator VEON Group has announced an investment of USD 20 million in Mobilink Bank to support its growth and digital Islamic banking expansion in Pakistan. The investment builds on USD 15 million capital deployed by VEON in January 2025 and underscores its confidence in Mobilink Bank’s growth momentum and its integrated digital financial VEON Group Invests USD 20 Million in Mobilink Bank to Accelerate Digital Islamic Banking Expansion - The capital will be used to scale Mobilink Bank’s MSME financing portfolio, advance its Islamic banking offerings, and strengthen its evolution into a technology-driven, digitally native bank, with a continued focus on expanding regulated financial access for underserved communities, particularly small businesses and women. Global digital operator VEON Group has announced an investment of USD 20 million in Mobilink Bank to support its growth and digital Islamic banking expansion in Pakistan. The investment builds on USD 15 million capital deployed by VEON in January 2025 and underscores its confidence in Mobilink Bank’s growth momentum and its integrated digital financial Mobilink Bank’s expanding deposit base and MSME-oriented lending portfolio are enabling small businesses to transition from informal cash usage to regulated banking, while targeted women-centric financial products and green financing initiatives support inclusive growth and resilience in the face of Pakistan’s climate and economic challenges.
- [Pakistan Achieves 3.71% GDP Growth in First Quarter FY2026](https://businessplus.com.pk/pakistan-achieves-3-71-gdp-growth-in-first-quarter-fy2026/) - The GDP growth hits 3.71% led by industry surge and in first quarter of FY2025-26, GDP expanded by 3.71%, fueled by agriculture’s steady 2.89% growth, a strong 9.38% rise in industry, and 2.35% in services, the report said. Pakistan Achieves 3.71% GDP Growth in First Quarter FY2026 - Pakistan’s economy gains momentum in Q1 FY2026, powered by industrial rebound, resilient agriculture, and prudent fiscal management that delivered a surplus, according to the Finance Ministry’s December 2025 Economic Update. Pakistan’s economy gains momentum in Q1 FY2026, powered by industrial rebound, resilient agriculture, and prudent fiscal management that delivered a surplus, according to the Finance Ministry’s December 2025 Economic Update. The GDP growth hits 3.71% led by industry surge and in first quarter of FY2025-26, GDP expanded by 3.71%, fueled by agriculture’s steady 2.89% growth, According to the report ,fiscal Surplus achieved through tight management and Prudent fiscal policies yielded a consolidated surplus of 1.0% of GDP for Jul-Oct FY2026 (up from 0.4% last year), thanks to 7.7% growth in federal receipts and a 4.8% drop in expenditures.
- [Emirates Airlines Passenger Traffic Surges to 55.6 Million in 2025](https://businessplus.com.pk/emirates-airlines-passenger-traffic-surges-to-55-6-million-in-2025/) - Emirates consolidated its position in 2025 as the world’s largest international airline after carrying 55.6 million passengers across nearly 180,580 flights, covering distances equivalent to circling the Earth more than 29,000 times, and placing orders for 73 new aircraft. Emirates Airlines Passenger Traffic Surges to 55.6 Million in 2025 - The airline identified ten milestones that defined its year, starting with the entry into service of its first Airbus A350 aircraft in early January. The A350 network expanded rapidly to include 18 cities, currently served by 16 aircraft. Emirates consolidated its position in 2025 as the world’s largest international airline after carrying 55.6 million passengers across nearly 180,580 flights, covering distances equivalent to circling the Earth more than 29,000 times, and placing orders for 73 new aircraft. In a statement issued, the airliner said that 2025, during which it celebrated 40 years since The airline also continued introducing new Airbus A350 aircraft and refurbished Airbus A380 and Boeing 777 aircraft, all featuring its award-winning Premium Economy cabin. The cabin now serves nearly 70 cities across more than 100 aircraft, representing around 40 percent of Emirates’ passenger fleet.
- [PTCL Spreads Its Wings: A New Chapter for Pakistan’s Digital Future](https://businessplus.com.pk/ptcl-spreads-its-wings-a-new-chapter-for-pakistans-digital-future/) - Pakistan Telecommunication Company Limited (PTCL) today marks a defining moment in the evolution of Pakistan’s telecom sector, as it formally completes the acquisition of 100 percent of the issued share capital of Telenor Pakistan and Orion Towers from 31st December 2025 onwards, ushering in a new era of digital enablement and transformation across the country. PTCL Spreads Its Wings: A New Chapter for Pakistan’s Digital Future - Pakistan Telecommunication Company Limited (PTCL) today marks a defining moment in the evolution of Pakistan’s telecom sector, as it formally completes the acquisition of 100 percent of the issued share capital of Telenor Pakistan and Orion Towers from 31st December 2025 onwards, ushering in a new era of digital enablement and transformation across the country. Pakistan Telecommunication Company Limited (PTCL) today marks a defining moment in the evolution of Pakistan’s telecom sector, as it formally completes the acquisition of 100 percent of the issued share capital of Telenor Pakistan and Orion Towers from 31st December 2025 onwards, ushering in a new era of digital enablement and transformation across the country. Hatem Bamatraf, President & Chief Executive Officer, PTCL & Ufone 4G, said: “This is a proud moment for PTCL and a significant milestone for Pakistan’s telecom sector. Our focus remains on delivering a customer-centric, seamless, and high-quality services for improvement in user experience as we bring combined strengths at scale upon completion of regulatory approvals”.
- [Banks to Remain Shut on Thursday, SBP Announces](https://businessplus.com.pk/banks-to-remain-shut-on-thursday-sbp-announces/) - All the banks and financial institutions will remain closed for public dealing across the country on the first day of the new year 2026 as Thursday, January 01 is declared a Bank Holiday by the banking sector regulator. Banks to Remain Shut on Thursday, SBP Announces - All the banks and financial institutions will remain closed for public dealing across the country on the first day of the new year 2026 as Thursday, January 01 is declared a Bank Holiday by the banking sector regulator. All the banks and financial institutions will remain closed for public dealing across the country on the first day of the new year 2026 as Thursday, January 01 is declared a Bank Holiday by the banking sector regulator. “The State Bank of Pakistan will remain closed for public dealing on Thursday, January 01, 2026, which “The State Bank of Pakistan will remain closed for public dealing on Thursday, January 01, 2026, which will be observed as ‘Bank Holiday’.
- [Mobilink Bank Powers Girls’ Digital Education by Solarizing Zindagi Trust’s Digital Arts Lab in Karachi](https://businessplus.com.pk/mobilink-bank-powers-girls-digital-education-by-solarizing-zindagi-trusts-digital-arts-lab-in-karachi/) - Pakistan’s leading digital microfinance bank, Mobilink Bank, through its Corporate Social Responsibility (CSR) initiative has strengthened access to uninterrupted digital education by solarizing the Digital Arts Lab operated by Zindagi Trust at Khatoon-e-Pakistan Government Girls Secondary School, Karachi. Mobilink Bank Powers Girls’ Digital Education by Solarizing Zindagi Trust’s Digital Arts Lab in Karachi - The initiative reflects Mobilink Bank’s proactive commitment to enabling girls’ access to uninterrupted digital and creative education through sustainable energy solutions, advancing the Bank’s broader vision of becoming a leading bank for small businesses that deepens financial inclusion for women, while simultaneously contributing to long-term environmental sustainability. Pakistan’s leading digital microfinance bank, Mobilink Bank, through its Corporate Social Responsibility (CSR) initiative has strengthened access to uninterrupted digital education by solarizing the Digital Arts Lab operated by Zindagi Trust at Khatoon-e-Pakistan Government Girls Secondary School, Karachi. The initiative reflects Mobilink Bank’s proactive commitment to enabling girls’ access to uninterrupted digital and creative education This project ensures reliable access to digital and creative learning for approximately 320 students from grades 6 to 8, while being designed to benefit all future cohorts enrolled in the Digital Arts Lab.
- [ABHI, Mahaana partner to financially empower the workforce](https://businessplus.com.pk/abhi-mahaana-partner-to-financially-empower-the-workforce/) - ABHI, the region’s neo bank of the future, and Mahaana Wealth, the country’s first digital-only asset management company licensed by the SECP, have joined hands to make financial empowerment accessible for every employee. ABHI, Mahaana partner to financially empower the workforce - Through this collaboration, both organizations will work together to leverage their financial products and bring innovative solutions to a wider market. By aligning their expertise, ABHI and Mahaana aim to drive financial wellness, inclusion, and literacy across businesses and communities. ABHI, the region’s neo bank of the future, and Mahaana Wealth, the country’s first digital-only asset management company licensed by the SECP, have joined hands to make financial empowerment accessible for every employee. Through this collaboration, both organizations will work together to leverage their financial products and bring innovative solutions to a wider market. By This partnership underscores ABHI and Mahaana’s shared commitment to empowering individuals and organizations through accessible, technology-driven financial solutions. By working together, both companies aim to build a culture of financial inclusion and literacy, promoting stronger and more resilient workplaces.
- [DWP Technologies wins Top Solution Provider award at Dell Technologies South Asia partner summit 2025](https://businessplus.com.pk/dwp-technologies-wins-top-solution-provider-award-at-dell-technologies-south-asia-partner-summit-2025/) - DWP Technologies, a division of Pakistan’s leading business conglomerate, DWP Group, has been recognized as the FY25 Top Solution Provider for Emerging Markets in Datacenter and Storage Solutions at the prestigious Dell Technologies South Asia Partner Summit 2025. DWP Technologies wins Top Solution Provider award at Dell Technologies South Asia partner summit 2025 - The South Asia Partner Summit celebrates high-impact contributions across the region, and DWP Technologies' win reflects the outstanding value its solutions deliver in driving digital growth for Pakistani businesses and public sector organizations alike. DWP Technologies, a division of Pakistan’s leading business conglomerate, DWP Group, has been recognized as the FY25 Top Solution Provider for Emerging Markets in Datacenter and Storage Solutions at the prestigious Dell Technologies South Asia Partner Summit 2025. This accolade is a testament to DWP Technologies’ relentless commitment to transforming Pakistan’s technology landscape through innovation Rohail Bashir, Chief Operating Officer of DWP Technologies, while expressing his pride in the achievement, stated, “This award reflects the tireless dedication of our teams, the trust of our customers, and the strength of our strategic partnership with Dell Technologies. As Pakistan’s technology needs evolve rapidly, we are committed to pushing boundaries and leading the digital transformation journey with resilient, future-ready datacenter and storage solutions.”
- [Jubilee Life Insurance Partners with Karachi United to Strengthen Grassroot Football in Pakistan](https://businessplus.com.pk/jubilee-life-insurance-partners-with-karachi-united-to-strengthen-grassroot-football-in-pakistan/) - Jubilee Life Insurance, Pakistan’s leading life insurer, has signed on as the Title Sponsor of the 21st Karachi United School Championship (KUSC). The collaboration reflects a shared commitment to nurturing young talent, promoting healthy lifestyles, and ensuring to strengthen a bottom-up approach for sports across the country. Jubilee Life Insurance Partners with Karachi United to Strengthen Grassroot Football in Pakistan - The collaboration reflects a shared commitment to nurturing young talent, promoting healthy lifestyles, and ensuring to strengthen a bottom-up approach for sports across the country. Jubilee Life Insurance, Pakistan’s leading life insurer, has signed on as the Title Sponsor of the 21st Karachi United School Championship (KUSC). The collaboration reflects a shared commitment to nurturing young talent, promoting healthy lifestyles, and ensuring to strengthen a bottom-up approach for sports across the country. Recognised as one of Karachi’s longest-running and most Mr. Farhan Faridi - Group Head Retail Operations, Marketing & Administration commenting on the collaboration: "At Jubilee Life, we view sport as a powerful enabler of physical well-being, social inclusion, and youth empowerment. This partnership with KUSC reflects our broader commitment to building healthier, more active communities across Pakistan. From supporting national platforms such as the HBL PSL, which are helping revive sporting culture and bringing international players back to Pakistani grounds, to investing in grassroot initiatives, our focus remains on creating sustainable, community-wide impact through sport.”
- [PBA: Banks Drive Economic Revival with Rs 1.5 Trillion Private Sector Lending; SME Portfolio Surges 41%, Agri Disbursements Jump 16%](https://businessplus.com.pk/pba-banks-drive-economic-revival-with-rs-1-5-trillion-private-sector-lending-sme-portfolio-surges-41-agri-disbursements-jump-16/) - Commercial banks have extended approximately Rs 1.5 trillion in financing to the private sector in FY26, a surge in liquidity that is driving 8.33% growth in Large-Scale Manufacturing (LSM), validating the sector’s pivotal role in supporting industrial output and job creation. PBA: Banks Drive Economic Revival with Rs 1.5 Trillion Private Sector Lending; SME Portfolio Surges 41%, Agri Disbursements Jump 16% - The number of SME borrowers rose by 56.9%, increasing from 176,246 in June 2024 to 276,578 in June 2025, while outstanding SME financing jumped 40.7% to Rs 691 billion, reflecting banks’ active efforts to bring small entrepreneurs into the formal financial net. The Pakistan Banks Association (PBA) highlighted the banking sector’s robust contribution to Pakistan’s ongoing economic revival, citing a record surge in private sector credit during the current financial year. Commercial banks have extended approximately Rs 1.5 trillion in financing to the private sector in FY26, a surge in liquidity that is driving 8.33% growth in Commercial banks have extended approximately Rs 1.5 trillion in financing to the private sector in FY26, a surge in liquidity that is driving 8.33% growth in Large-Scale Manufacturing (LSM), validating the sector’s pivotal role in supporting industrial output and job creation.
- [ISTSUM’25 Ignites Global Innovation: Students Shape the Future in Istanbul](https://businessplus.com.pk/istsum25-ignites-global-innovation-students-shape-the-future-in-istanbul/) - The International Student Summit ISTSUM’25 was held in Istanbul where experts discussed the impact of digital transformation on people, society, and working life. ISTSUM’25 Ignites Global Innovation: Students Shape the Future in Istanbul - The association’s president, Ercan Akcan, said that “with about 350,000 international students today, Türkiye has become not only an educational center but also a safe haven.” The International Student Summit ISTSUM’25 was held in Istanbul where experts discussed the impact of digital transformation on people, society, and working life. With Anadolu serving as the global communications partner, the event was hosted by the Bab-i Alem International Student Association at the Neslisah Sultan Cultural Center under the theme “Focus.” The association’s president, ISTSUM General Coordinator Yasir Alkan said people are either experiencing past regrets or harboring anxieties about the future. “‘Are you in academia? Focus on your work. Are you in the business world? Focus,'” Alkan explained about the motto of the event.
- [Imran Raza Jaffry Releases His Second Book “Blueprint of General Insurance: Concepts, Practices, and Global Perspectives”](https://businessplus.com.pk/imran-raza-jaffry-releases-his-second-book-blueprint-of-general-insurance-concepts-practices-and-global-perspectives/) - Prominent insurance professional and author Imran Raza Jaffry has officially released his latest book, Blueprint of General Insurance: Concepts, Practices, and Global Perspectives, today through Lulu with global distribution, making it accessible to readers worldwide. Imran Raza Jaffry Releases His Second Book “Blueprint of General Insurance: Concepts, Practices, and Global Perspectives” - The book comprehensively addresses fundamental insurance principles, risk management and assessment, underwriting and pricing, claims management, reinsurance and retrocession, legal and regulatory frameworks, global case studies, and Islamic insurance (Takaful). Prominent insurance professional and author Imran Raza Jaffry has officially released his latest book, Blueprint of General Insurance: Concepts, Practices, and Global Perspectives, today through Lulu with global distribution, making it accessible to readers worldwide. The publication marks Jaffry’s second major contribution to insurance literature, following his earlier book, Navigating the Insurance Spectrum: An Overview The release of Blueprint of General Insurance has already been featured across major Pakistani digital news, business, and industry platforms, reflecting growing interest in structured insurance education and professional development within the financial services sector.
- [Arif Habib Consortium Wins 75% Stake in PIA with Rs.135 Billion Bid](https://businessplus.com.pk/arif-habib-consortium-wins-75-stake-in-pia-with-rs-135-billion-bid/) - During the first round of the sealed-bid process, the offers submitted by Arif Habib Group and Lucky Cement exceeded the base price of Rs100 billion, at Rs115 billion and Rs101.50 billion respectively, while the Airblue consortium offered Rs26.50 billion. Arif Habib Consortium Wins 75% Stake in PIA with Rs.135 Billion Bid - During the first round of the sealed-bid process, the offers submitted by Arif Habib Group and Lucky Cement exceeded the base price of Rs100 billion, at Rs115 billion and Rs101.50 billion respectively, while the Airblue consortium offered Rs26.50 billion. Arif Habib Limited Consortium secured a 75 percent stake in Pakistan International Airlines Corporation Limited (PIACL) with a Rs135billion offer in the government’s high-profile privatisation, conducted through a transparent bidding process broadcast live under the supervision of the Privatisation Commission. During the first round of the sealed-bid process, the offers submitted by Arif Habib Group Adviser to the Prime Minister on Privatisation Muhammad Ali said that although bidding was conducted for 75 per cent, the transaction allowed for a 75–100 per cent acquisition. Of the proceeds, 92.5 per cent would be invested directly into PIACL, while 7.5 per cent would go to the government.
- [2025 Spotify Wrapped Reveals Pakistan’s Throwback Tracks Still Dominating Global Listening](https://businessplus.com.pk/2025-spotify-wrapped-reveals-pakistans-throwback-tracks-still-dominating-global-listening/) - Spotify’s 2025 Wrapped is out, with new insights continuing to emerge. This time, it is not about what is new, it is about what refuses to fade. This year’s exclusive global listening data reveals the “Top Pakistani Throwbacks of 2025 Globally”, highlighting tracks over 20 years old that continue to captivate listeners around the world. 2025 Spotify Wrapped Reveals Pakistan’s Throwback Tracks Still Dominating Global Listening - This year’s exclusive global listening data reveals the “Top Pakistani Throwbacks of 2025 Globally”, highlighting tracks over 20 years old that continue to captivate listeners around the world. Spotify’s 2025 Wrapped is out, with new insights continuing to emerge. This time, it is not about what is new, it is about what refuses to fade. This year’s exclusive global listening data reveals the “Top Pakistani Throwbacks of 2025 Globally”, highlighting tracks over 20 years old that continue to captivate listeners around the world. 2025 Wrapped data highlights some oldies that continue to dominate global listenership. With “Tumse Milke Dil Ka (From "Main Hoon Na")” by Sonu Nigam and Sabri Brothers topping the list.
- [Aurangzeb Confirms ECC Approval of Recommendations for Upcoming Spectrum Auction](https://businessplus.com.pk/aurangzeb-confirms-ecc-approval-of-recommendations-for-upcoming-spectrum-auction/) - Minister for Finance and Revenue, Senator Muhammad Aurangzeb, stated that the Economic Coordination Committee (ECC) has approved key recommendations for the upcoming spectrum auction, calling it a major step toward promoting digital and financial inclusion in the country. Aurangzeb Confirms ECC Approval of Recommendations for Upcoming Spectrum Auction - Minister for Finance and Revenue, Senator Muhammad Aurangzeb, stated that the Economic Coordination Committee (ECC) has approved key recommendations for the upcoming spectrum auction, calling it a major step toward promoting digital and financial inclusion in the country Minister for Finance and Revenue, Senator Muhammad Aurangzeb, stated that the Economic Coordination Committee (ECC) has approved key recommendations for the upcoming spectrum auction, calling it a major step toward promoting digital and financial inclusion in the country. Addressing a news conference after the ECC meeting, alongside Minister for Information Technology and Telecommunication Shaza Fatima The minister said a special committee, which he chaired and included the IT minister and the chairman of the Pakistan Telecommunication Authority (PTA), had worked extensively over the past year on the spectrum auction framework.
- [Govt Preparing 600 MHz Spectrum Auction for Feb 2026, Shaza Fatima](https://businessplus.com.pk/govt-preparing-600-mhz-spectrum-auction-for-feb-2026-shaza-fatima/) - Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja that the government was planning to auction 600 MHz of spectrum, for which efforts were underway to complete the auction process by the first week of February 2026. Govt Preparing 600 MHz Spectrum Auction for Feb 2026, Shaza Fatima - The auction would not only strengthen 3G and 4G networks in the country but would also help facilitate the rollout of 5G in the next five months, she added. Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja that the government was planning to auction 600 MHz of spectrum, for which efforts were underway to complete the auction process by the first week of February 2026. Addressing a press conference along with Minister for Finance and Revenue Muhammad Aurangzeb here, she said that Shaza said that the Economic Coordination Committee (ECC) had approved the Spectrum Advisory Committee’s recommendations for the auction, which would soon be submitted to the cabinet for approval.
- [IFC, Standard Chartered, Engro announce Rs.33.6 billion first-of-its-kind agri-chain financing Pakistan’s agriculture](https://businessplus.com.pk/ifc-standard-chartered-engro-announce-rs-33-6-billion-first-of-its-kind-agri-chain-financing-pakistans-agriculture/) - The International Finance Corporation (IFC) announced its first Pakistan rupee-denominated investment through an unfunded Partial Credit Guarantee of up to Rs33.6 billion (about $120 million equivalent) to support long-term PKR financing by Standard Chartered Bank Pakistan Limited for Engro Fertilizers Limited, aimed at strengthening Pakistan’s agricultural value chain. IFC, Standard Chartered, Engro announce Rs.33.6 billion first-of-its-kind agri-chain financing Pakistan’s agriculture - The investment, aimed at strengthening Pakistan’s agriculture sector and bolstering food security, also benefits from a first-loss counter guarantee from the IFC-Canada Facility for Resilient Food Systems. The International Finance Corporation (IFC) announced its first Pakistan rupee-denominated investment through an unfunded Partial Credit Guarantee of up to Rs33.6 billion (about $120 million equivalent) to support long-term PKR financing by Standard Chartered Bank Pakistan Limited for Engro Fertilizers Limited, aimed at strengthening Pakistan’s agricultural value chain. This financing would enable Engro Fertilizers to The financing would help Engro Fertilizers make capital investments in maintenance of facilities and turnarounds, enabling uninterrupted supply of urea and other fertilizers to meet national demand. The funding would also support farmer programs, ensuring continuity of initiatives that complement Engro’s core mission of reliable production.
- [PIACL Announces 75% Share Sale via Open Bidding on Today](https://businessplus.com.pk/piacl-announces-75-share-sale-via-open-bidding-on-today/) - The Privatisation Commission would hold an open bidding for 75 percent shares of Pakistan International Airlines Corporation Limited (PIACL). The sealed bids would be submitted in the morning at 10:30 am by the bidders. PIACL Announces 75% Share Sale via Open Bidding on Today- The bids would be opened in a ceremony starting at 3:30 pm in the presence of the bidders. The Privatisation Commission would hold an open bidding for 75 percent shares of Pakistan International Airlines Corporation Limited (PIACL). The sealed bids would be submitted in the morning at 10:30 am by the bidders. The reference price for PIACL’s bidding would only be approved by the Privatisation Commission Board and the Cabinet Committee on Privatisation The bids and the reference prices would be announced and the bidding would be concluded as per agreed terms.
- [Pakistan Textile Exports Rise 2.73% to $7.815B in Jul-Nov FY2025-26](https://businessplus.com.pk/pakistan-textile-exports-rise-2-73-to-7-815b-in-jul-nov-fy2025-26/) - The overall textile exports from the country were recorded at $7.815 billion during July-November 2025-26 against the exports of $7.607 billion during July-November 2024-25, the latest data released by Pakistan Bureau of Statistics (PBS). Pakistan Textile Exports Rise 2.73% to $7.815B in Jul-Nov FY2025-26 - The textile commodities that contributed to trade growth included knitwear, the exports of which increased by 5.74 percent to $2298.700 million during the months under review, as compared to the exports of $2173.933 million last year, the export of bed wear surged by 4.95 percent to $1389.487 million from $1324.011 million. Textile exports witnessed an increase of 2.73 percent during the first five months of the fiscal year (2025-26) as compared to the same months of last year (2024-25). The overall textile exports from the country were recorded at $7.815 billion during July-November 2025-26 against the exports of $7.607 billion during July-November 2024-25, the latest data The export of art, silk and synthetic textile declined by 0.16 percent from $161.406 million to $161.151 million whereas the export of towel decreased by 1.45 percent from 441.742 million to $435.338 million.
- [BYD-MMC Leads Climate Action Dialogue, Urges Shift to Clean Mobility To Combat Hazardous Smog](https://businessplus.com.pk/byd-mmc-leads-climate-action-dialogue-urges-shift-to-clean-mobility-to-combat-hazardous-smog/) - Pakistan continues to grapple with hazardous air pollution, ranking as the world’s third-most polluted country according to IQAir data with average PM2.5 concentrations of 73.7 μg/m³, far exceeding World Health Organization (WHO) guidelines. In urban centers such as Lahore, winter smog regularly pushes PM2.5 levels beyond 145 μg/m³, a reality that guided much of the BYD-MMC Leads Climate Action Dialogue, Urges Shift to Clean Mobility To Combat Hazardous Smog - Research by the Pakistan Institute of Development Economics (PIDE, 2024) identifies the transport sector as a major contributor to Pakistan’s emissions challenge, accounting for over 43% of national emissions and up to 80% in dense urban centers like Lahore. Pakistan continues to grapple with hazardous air pollution, ranking as the world’s third-most polluted country according to IQAir data with average PM2.5 concentrations of 73.7 μg/m³, far exceeding World Health Organization (WHO) guidelines. In urban centers such as Lahore, winter smog regularly pushes PM2.5 levels beyond 145 μg/m³, a reality that guided much of the Danish Khaliq, VP Sales & Strategy at BYD – MMC, said that NEVs significantly reduce tailpipe emissions, which are a major contributor to smog in urban cities. He particularly highlighted the impact developing the NEV industry can have on the Country’s GDP, “At just 30% adoption, clean mobility could add nearly PKR 1.3 trillion to Pakistan’s economy and support up to 1.5 million direct and indirect jobs, according to independent research, before even accounting for the significant health and air-quality benefits.”
- [PTCL Showcases Long-Term Digital Infrastructure Vision at Connect 2025](https://businessplus.com.pk/ptcl-showcases-long-term-digital-infrastructure-vision-at-connect-2025/) - PTCL Business Solutions hosted Connect 2025, its flagship corporate event, bringing together customers, partners, and industry leaders to present its expanding enterprise portfolio, upcoming product pipeline, and continued focus on strengthening Pakistan's digital infrastructure. PTCL Showcases Long-Term Digital Infrastructure Vision at Connect 2025 - A key highlight was PTCL Business Solutions' 2026 innovation roadmap, unveiling upcoming enterprise products designed to support cloud-native environments, advanced security requirements, IoT frameworks, AI-enabled applications, and next-generation connectivity. PTCL Business Solutions hosted Connect 2025, its flagship corporate event, bringing together customers, partners, and industry leaders to present its expanding enterprise portfolio, upcoming product pipeline, and continued focus on strengthening Pakistan's digital infrastructure. Held at a Movenpick Karachi, Connect 2025 attracted senior executives and decision-makers from across Pakistan's corporate sector. The day-long event featured The event also showcased PTCL's strategic collaborations with global technology partners, reflecting its approach to delivering enterprise solutions that align international standards with local expertise and support infrastructure. Through Connect 2025, PTCL Business Solutions reaffirmed its position as Pakistan's leading enterprise technology enabler, committed to powering business growth and national competitiveness.
- [State Bank of Pakistan Pumps Rs.983 Billion Into Money Market](https://businessplus.com.pk/state-bank-of-pakistan-pumps-rs-983-billion-into-money-market/) - The State Bank of Pakistan (SBP) on Thursday injected Rs.983 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market. State Bank of Pakistan Pumps Rs.983 Billion Into Money Market - The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 8-day tenor on December 18, 2025, and injected Rs.661 billion against 8 bids while other Rs.322 billion were inserted through Shariah Compliant Mudarabah based OMO. The State Bank of Pakistan (SBP) on Thursday injected Rs.983 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market. The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 8-day tenor on December 18, 2025, and injected Rs.661 billion against 8 The central bank received 8 bids for the 8-day Reverse Repo Purchase, cumulatively offering Rs.661 billion at the rate of return ranging between 10.54 to 10.62 percent. The SBP accepted all the bids with the entire amount at 10.54 percent rate of return.
- [The Magnum Ice Cream Company Launches in Pakistan to Redefine the Ice Cream Experience](https://businessplus.com.pk/the-magnum-ice-cream-company-launches-in-pakistan-to-redefine-the-ice-cream-experience/) - The Magnum Ice Cream Company Pakistan Limited (Magnum Pakistan) has officially been incorporated in Pakistan, marking a new era for the country’s frozen dessert and ice cream industry. This launch follows Magnum Ice Cream Company’s global spin-off from the Unilever Group earlier this year, creating the world’s largest ice cream company. The Magnum Ice Cream Company Launches in Pakistan to Redefine the Ice Cream Experience - This launch follows Magnum Ice Cream Company’s global spin-off from the Unilever Group earlier this year, creating the world’s largest ice cream company. The Magnum Ice Cream Company Pakistan Limited (Magnum Pakistan) has officially been incorporated in Pakistan, marking a new era for the country’s frozen dessert and ice cream industry. This launch follows Magnum Ice Cream Company’s global spin-off from the Unilever Group earlier this year, creating the world’s largest ice cream company. Magnum Pakistan is leading Magnum Pakistan is leading the country’s frozen dessert and ice cream category and is a household name loved by millions of consumers. While the Ice Cream Division has been serving Pakistani consumers since the last 3 decades, the separation from Unilever Pakistan will allow for better focus and dedication in product category. With a diverse portfolio designed to cater to every festivity, occasion and moment—from indulgent treats like Magnum to family favorites such as Cornetto and Wall’s—the company has ambitious growth plans to further strengthen its presence.
- [Remarkable Roman-Era Discoveries Unearthed at Ephesus: Marble Bathtub and Male Statue](https://businessplus.com.pk/remarkable-roman-era-discoveries-unearthed-at-ephesus-marble-bathtub-and-male-statue/) - Archaeologists working at the ancient city of Ephesus in Türkiye’s Aegean region have uncovered a Roman-era marble bathtub and a fragmented male statue that had been reused as a paving stone. Remarkable Roman-Era Discoveries Unearthed at Ephesus: Marble Bathtub and Male Statue - The marble bathtub was uncovered along Stadium Street and is believed to have belonged to the Terrace Houses, once home to wealthy Roman families. Carved from regional Greco Scritto marble, the tub measures 1.46 meters (4.8 feet) long, 0.73 meters (2.4 ft) wide and 0.6 meters (2 ft) high. Archaeologists working at the ancient city of Ephesus in Türkiye’s Aegean region have uncovered a Roman-era marble bathtub and a fragmented male statue that had been reused as a paving stone. The discoveries were made during ongoing excavation and restoration work at the UNESCO World Heritage site under the Culture and Tourism Ministry’s “Heritage for Based on stylistic features, the statue dates to between the first century BC and the first century AD, Aybek said. It measures 1.23 meters (4 ft) high and 0.5 meters (1.6 ft) wide.
- [LUMS Reimagines Maharaja Ranjit Singh’s Lost Toshakhāna in Groundbreaking Heritage Exhibition](https://businessplus.com.pk/lums-reimagines-maharaja-ranjit-singhs-lost-toshakhana-in-groundbreaking-heritage-exhibition/) - Lahore University of Management Sciences (LUMS) has unveiled a landmark exhibition that brings back to public consciousness the lost treasures of Maharaja Ranjit Singh’s legendary toshakhāna (royal treasury). Titled “Maharaja Ranjit Singh’s Toshakhāna: The Material Splendour of 19th Century Punjab,” the exhibition re-examines Punjab’s royal material heritage through rigorous research, digital reconstruction, and immersive storytelling, offering audiences a rare window into the cultural and aesthetic life of the Lahore Darbār. LUMS Reimagines Maharaja Ranjit Singh’s Lost Toshakhāna in Groundbreaking Heritage Exhibition - The Material Splendour of 19th Century Punjab,” the exhibition re-examines Punjab’s royal material heritage through rigorous research, digital reconstruction, and immersive storytelling, offering audiences a rare window into the cultural and aesthetic life of the Lahore Darbār. Lahore University of Management Sciences (LUMS) has unveiled a landmark exhibition that brings back to public consciousness the lost treasures of Maharaja Ranjit Singh’s legendary toshakhāna (royal treasury). Titled “Maharaja Ranjit Singh’s Toshakhāna: The Material Splendour of 19th Century Punjab,” the exhibition re-examines Punjab’s royal material heritage through rigorous research, digital reconstruction, and immersive storytelling, Visitors encounter a rich array of video narratives, infographics, immersive installations, and reimagined models of lost objects, developed by a dedicated team of young researchers: Abdullah Ahmad, Anas Kashmiri, Zeenat Nabi, Ayesha Ali, and Hamza Salar Hassan. Among the narratives presented is a nuanced account of the famed Koh-i-Noor diamond, alongside digital reconstructions of destroyed treasures such as Maharaja Ranjit Singh’s silver bangla, a double-storied mobile throne that was dismantled after annexation, its silver sheets melted down for bullion.
- [Fatima Fertilizer and IFC Announce US$60 Million Renewable Liquidity Facility to Support Food Security and Agricultural Resilience in Pakistan](https://businessplus.com.pk/fatima-fertilizer-and-ifc-announce-us60-million-renewable-liquidity-facility-to-support-food-security-and-agricultural-resilience-in-pakistan/) - Fatima Fertilizer Company Limited and IFC, a member of the World Bank Group, announced a renewable liquidity facility of US$60 million per year to help maintain uninterrupted domestic fertilizer production by enabling Fatima Fertilizer to import essential raw materials, machinery, and technical services. Fatima Fertilizer and IFC Announce US$60 Million Renewable Liquidity Facility to Support Food Security and Agricultural Resilience in Pakistan - Pakistan has faced shortages of foreign exchange and delays in clearing imports, which can disrupt access to key inputs and risk fertilizer shortages. The new Fatima Fertilizer facility addresses a critical market gap by providing hard currency liquidity when access to USD financing is limited. Fatima Fertilizer Company Limited and IFC, a member of the World Bank Group, announced a renewable liquidity facility of US$60 million per year to help maintain uninterrupted domestic fertilizer production by enabling Fatima Fertilizer to import essential raw materials, machinery, and technical services. Pakistan has faced shortages of foreign exchange and delays in clearing imports, The new facility also enables the company to import essential materials and run at full capacity. By sustaining about 1.46 million tons of annual output of fertilizer and preserving more than 850 direct jobs at the company’s Sadiqabad complex, the facility will help maintain a steady fertilizer supply, support thousands of small businesses across the distribution network, and protect yields for staple crops like wheat and rice.
- [Tractor production dropped by 1,603 units in the first five months of FY 2025‑26](https://businessplus.com.pk/tractor-production-dropped-by-1603-units-in-the-first-five-months-of-fy-2025‑26/) - Tractors production in the country during the first 05 months of the current financial year was recorded at 9,860 as compared to the production of the 11,463 tractors of the same period of the corresponding period of the last year. Tractor production dropped by 1,603 units in the first five months of FY 2025‑26 - According to the data of the Pakistan Automotive Manufacturers Association, the output of FIAT Al-Ghazi was stood at 3,408 tractors in five months of current financial year as compared to the production of 4,660 tractors. Tractors production in the country during the first 05 months of the current financial year was recorded at 9,860 as compared to the production of the 11,463 tractors of the same period of the corresponding period of the last year. Meanwhile, the sales of tractors during the period under review were recorded at 9,530 as Massay Ferguson produced about 6,452 tractors during the first five months of the current financial year as compared to the output of 6,803 tractors of the same period of the last year.
- [Green Crescent Trust Brings Smiles to Orphaned Children Through 3 Exciting Citywide Events](https://businessplus.com.pk/green-crescent-trust-brings-smiles-to-orphaned-children-through-3-exciting-citywide-events/) - Green Crescent Trust is organizing three fun-filled events for its over 2,150 orphaned students to mark the launch of its Ramazan 2026 campaign, aiming to raise Rs.500 million to combat illiteracy in Sindh. Green Crescent Trust Brings Smiles to Orphaned Children Through 3 Exciting Citywide Events - Green Crescent Trust is organizing three fun-filled events for its over 2,150 orphaned students to mark the launch of its Ramazan 2026 campaign, aiming to raise Rs.500 million to combat illiteracy in Sindh. Green Crescent Trust is organizing three fun-filled events for its over 2,150 orphaned students to mark the launch of its Ramazan 2026 campaign, aiming to raise Rs.500 million to combat illiteracy in Sindh. These day-long, fun-filled events will not only offer a rare opportunity for celebration and recreation to the orphaned students of Green Crescent All three events will also bring together leading businessmen, industrialists, donors and philanthropists, who will reaffirm their support for GCT’s long-term vision of building and sustaining quality schools in backward and remote parts of Sindh.
- [Breathe Better, Live Better: GREE Tackles Indoor Air Pollution](https://businessplus.com.pk/breathe-better-live-better-gree-tackles-indoor-air-pollution/) - As air pollution and smog continue to affect millions across Pakistan, GREE’s air purifiers, represented in Pakistan by the DWP Group, are helping families tackle indoor air pollution, a growing health concern. Many people focus on outdoor smog, but indoor air can be even more hazardous. According to the EPA, indoor air can be two Breathe Better, Live Better: GREE Tackles Indoor Air Pollution - The GREE GA-350W1 is designed for large family spaces such as living rooms and lounges. Priced at Rs.59,900, it delivers 360-degree purification using a 4-layer filtration system that removes up to 99.99% of pollutants. As air pollution and smog continue to affect millions across Pakistan, GREE’s air purifiers, represented in Pakistan by the DWP Group, are helping families tackle indoor air pollution, a growing health concern. Many people focus on outdoor smog, but indoor air can be even more hazardous. According to the EPA, indoor air can be two For compact spaces, the GA-170W1 provides an effective solution at Rs. 39,900. Ideal for bedrooms and study areas, it purifies up to 20 square meters (215 sq. ft.) with a CADR of 100 CFM. Equipped with True HEPA and Activated Carbon Filters, it captures fine dust, PM2.5 particles, smoke, and odors. The unit operates quietly at 32 decibels and includes sleep mode, an 8-hour timer, and a real-time PM2.5 digital display, all wrapped in a minimal white-and-silver design.
- [Music, Self-Expression and High Energy Take Center Stage at Spotify’s 2025 Wrapped Event in Karachi](https://businessplus.com.pk/music-self-expression-and-high-energy-take-center-stage-at-spotifys-2025-wrapped-event-in-karachi/) - Spotify hosted its highly anticipated year-end celebration, 2025 Wrapped, in Karachi with an immersive event that placed music and self-expression at the forefront. The evening brought together local artists, select influencers and media to celebrate a year shaped by personal taste and Pakistan’s evolving music culture. Music, Self-Expression and High Energy Take Center Stage at Spotify’s 2025 Wrapped Event in Karachi - The evening brought together local artists, select influencers and media to celebrate a year shaped by personal taste and Pakistan’s evolving music culture. Spotify hosted its highly anticipated year-end celebration, 2025 Wrapped, in Karachi with an immersive event that placed music and self-expression at the forefront. The evening brought together local artists, select influencers and media to celebrate a year shaped by personal taste and Pakistan’s evolving music culture. Anchored in this year’s unapologetic Wrapped theme, guests were Spotify also hosted VIP Wrapped Awards during the evening, a real-time celebration inspired by the in-app Wrapped Party feature. The awards recognised members of Spotify’s VIP community for their distinctive listening habits, mirroring how listeners share Wrapped results with friends and earn personalized accolades on the platform. Winners of the night included Dino Ali and Osamah Nasir, among others, as Spotify paid tribute to the unwavering support and enthusiasm its community consistently brings to the brand.
- [SBP Reduces Policy Rate by 50 Basis Points to Support Economic Growth](https://businessplus.com.pk/sbp-reduces-policy-rate-by-50-basis-points-to-support-economic-growth/) - The State Bank of Pakistan (SBP) today announced a reduction of its key policy rate by 0.5%, bringing the benchmark interest rate down from 11% to 10.5%. SBP Reduces Policy Rate by 50 Basis Points to Support Economic Growth - “This measured reduction in the policy rate is intended to strengthen confidence in the economy while maintaining vigilance against inflation risks,” the SBP stated in its announcement. The State Bank of Pakistan (SBP) today announced a reduction of its key policy rate by 0.5%, bringing the benchmark interest rate down from 11% to 10.5%. This marks the first rate cut since May 2025 and reflects the central bank’s commitment to balancing inflationary pressures with the need to stimulate economic activity. The Monetary The SBP reaffirmed its commitment to closely monitor domestic and global developments, ensuring that monetary policy remains aligned with Pakistan’s long‑term economic stability.
- [Aisam‑ul‑Haq Launches PSO’s RISE Program to Promote Employee Wellness](https://businessplus.com.pk/aisam‑ul‑haq-launches-psos-rise-program-to-promote-employee-wellness/) - Pakistan State Oil (PSO), the nation’s leading energy company, has launched RISE, a nationwide employee wellness initiative aimed at energizing employees and promoting healthier, more active lifestyles across all levels of the organization. The program aligns with PSO’s commitment to employee wellbeing, recognizing that healthier and more engaged staff contribute directly to organizational productivity, innovation, and long-term growth. National Tennis Icon Aisam-ul-Haq Kicks Off PSO’s ‘RISE’ Employee Wellness Program - The program aligns with PSO’s commitment to employee wellbeing, recognizing that healthier and more engaged staff contribute directly to organizational productivity, innovation, and long-term growth. Pakistan State Oil (PSO), the nation’s leading energy company, has launched RISE, a nationwide employee wellness initiative aimed at energizing employees and promoting healthier, more active lifestyles across all levels of the organization. The program aligns with PSO’s commitment to employee wellbeing, recognizing that healthier and more engaged staff contribute directly to organizational productivity, innovation, RISE encourages staff to adopt sustainable habits that improve physical and mental wellbeing, including daily activity, balanced nutrition, stress management, and mindfulness practices.
- [Pakistan Issues NOC to Two Global Crypto Exchanges, Boosting Digital Asset Growth: Bilal](https://businessplus.com.pk/pakistan-issues-noc-to-two-global-crypto-exchanges-boosting-digital-asset-growth-bilal/) - Special Assistant to Prime Minister on Blockchain and Crypto and Chairman Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin Saqib said that no-objection certificates (NOCs) were issued to global cryptocurrency exchanges, including Binance and Huobi (HTX), which would open new avenues for the promotion of digital assets. Pakistan Issues NOC to Two Global Crypto Exchanges, Boosting Digital Asset Growth: Bilal - Bilal Bin Saqib said that no-objection certificates (NOCs) were issued to global cryptocurrency exchanges, including Binance and Huobi (HTX), which would open new avenues for the promotion of digital assets. Special Assistant to Prime Minister on Blockchain and Crypto and Chairman Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin Saqib said that no-objection certificates (NOCs) were issued to global cryptocurrency exchanges, including Binance and Huobi (HTX), which would open new avenues for the promotion of digital assets. Addressing a press conference, he said that the Pakistan, he said, was ranked among the world’s top three crypto-adopting countries, adding that about 30 to 40 million Pakistanis were actively using digital assets. He said that the $100 trillion global bond market is shifting towards digital systems, which, underscored the importance of regulating crypto assets.
- [SAPM Haroon Enhances Pakistan‑Turkey Partnership in Investment and Business Expansion](https://businessplus.com.pk/sapm-haroon-enhances-pakistan‑turkey-partnership-in-investment-and-business-expansion/) - Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan held a meeting with Turkish business delegation and discussed joint ventures, investment opportunities, and facilitation measures for Turkish investors in key industrial sectors. SAPM Haroon Enhances Pakistan‑Turkey Partnership in Investment and Business Expansion - The Turkish delegation expressed strong interest in expanding their business footprint in Pakistan, adding that leading Turkish textile brands, including LC Waikiki, are looking to enter the Pakistani market. The delegation also requested support for opening Turkish banks in Islamabad, Karachi, and Lahore to facilitate smoother bilateral trade and investment flows. Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan held a meeting with Turkish business delegation and discussed joint ventures, investment opportunities, and facilitation measures for Turkish investors The agenda focused on Pakistan–Turkey joint ventures, investment opportunities, and facilitation measures for Turkish investors in key industrial sectors.
- [PAFLA aims to empower Pakistani journalists with freelancing skills](https://businessplus.com.pk/pafla-aims-to-empower-pakistani-journalists-with-freelancing-skills/) - The Pakistan Freelancers’ Association (PAFLA) has planned an initiative to empower journalists with freelancing skills in collaboration with press clubs and associations across Pakistan, following its first capacity-building session at the Karachi Press Club (KPC). PAFLA aims to empower Pakistani journalists with freelancing skills - The nationwide initiative aims to equip Pakistani journalists with in-demand freelancing skills, enabling them to diversify income streams, build global clients, and generate sustainable income in a rapidly changing media economy. The Pakistan Freelancers’ Association (PAFLA) has planned an initiative to empower journalists with freelancing skills in collaboration with press clubs and associations across Pakistan, following its first capacity-building session at the Karachi Press Club (KPC). The nationwide initiative aims to equip Pakistani journalists with in-demand freelancing skills, enabling them to diversify income streams, build global Secretary Karachi Press Club Suhail Afzal said that the journalistic community in Karachi is talented and has diverse skill sets, from content writing to photography, and from video editing to documentary production, but members have very limited exposure to working on different freelancing platforms.
- [PSX announces top 25 companies for Awards-2024](https://businessplus.com.pk/psx-announces-top-25-companies-for-awards-2024/) - Pakistan Stock Exchange (PSX) announced the list of recipients of the top 25 companies awards for the calendar year 2024, recognizing their overall performance. PSX announces top 25 companies for Awards-2024 - Subject to achieving these pre-requisites, the companies are further weighed based on certain quantitative and qualitative criteria. In terms of quantitative criteria, PSX selects listed companies which have performed exceptionally in the context of profitability ratios, dividend-related ratios, and turnover of shares, among other specifics. In an exciting development for the capital markets and the economy as a whole, Pakistan Stock Exchange (PSX) announced the list of recipients of the top 25 companies awards for the calendar year 2024, recognizing their overall performance. These are the most prestigious and coveted awards in the corporate sector and were initiated by the In terms of qualitative criteria, PSX selects high-performing listed companies based on Corporate Social Responsibility (CSR), reporting on SDGs, ESG related initiatives, and diversity and inclusivity, among other considerations.
- [Fatima Fertilizer wins four prestigious awards at The Drum Awards 2025 in London, UK](https://businessplus.com.pk/fatima-fertilizer-wins-four-prestigious-awards-at-the-drum-awards-2025-in-london-uk/) - Fatima Fertilizer has received significant international recognition by winning four major awards at The Drum Awards 2025 in London reflecting impactful purpose-led communication for the Salam Kissan campaign and the company’s strategic partnership with UNDP. Fatima Fertilizer wins four prestigious awards at The Drum Awards 2025 in London, UK - The Silver award won for ‘Sustainability & Climate Action – Leading Sustainable Change for Pakistan’ recognized Fatima Fertilizer’s partnership with UNDP. Fatima Fertilizer has become the first company in Pakistan to adopt the SDGs Impact Framework, a commitment under which the company has mapped 8 impact areas to 15 SDGs and 49 targets to deliver measurable, people-oriented sustainability outcomes. Fatima Fertilizer has received significant international recognition by winning four major awards at The Drum Awards 2025 in London reflecting impactful purpose-led communication for the Salam Kissan campaign and the company’s strategic partnership with UNDP. The Silver award won for ‘Sustainability & Climate Action – Leading Sustainable Change for Pakistan’ recognized Fatima Fertilizer’s partnership with Salam Kissan, a flagship campaign that pays tribute to the farmers of Pakistan, secured three awards: a Silver award for ‘User-Generated Content for Social Change (TikTok)’; a Silver award for ‘Social Media for Good’; and a Bronze award for ‘Cause-Led Influencer Campaign’. The success of the campaign was driven by meaningful communication and the brand’s commitment to driving real change in farmers’ lives.
- [PSL Roadshow Arrives in New York City This Weekend](https://businessplus.com.pk/psl-roadshow-arrives-in-new-york-city-this-weekend/) - Following a successful Roadshow at Lord’s Cricket Ground in England on Sunday, the HBL Pakistan Super League will hold its second international Roadshow in New York City, USA on December 13. PSL Roadshow Arrives in New York City This Weekend - The event will begin at 4pm local time. The New York Roadshow is part of the PCB’s global outreach strategy aimed at engaging with international investors ahead of the auction of two HBL PSL franchises, scheduled to take place on January 6, 2026 Following a successful Roadshow at Lord’s Cricket Ground in England on Sunday, the HBL Pakistan Super League will hold its second international Roadshow in New York City, USA on December 13. The event will begin at 4pm local time. The New York Roadshow is part of the PCB’s global outreach strategy aimed at engaging with The initiative is designed to highlight the league’s commercial strength, global following and long-term growth potential.
- [US-based Datarocx partners with Data Vault to expand operations in Pakistan](https://businessplus.com.pk/us-based-datarocx-partners-with-data-vault-to-expand-operations-in-pakistan/) - A US-based data center operator Datarocx and Data Vault, Pakistan’s first dedicated AI data center, have signed a strategic partnership aimed at transforming Pakistan into a regional hub for artificial intelligence and high-performance computing. US-based Datarocx partners with Data Vault to expand operations in Pakistan - Under the partnership, Datarocx will extend its US operations into Pakistan, while Data Vault will serve as the sovereign, in country AI infrastructure platform. The agreement, signed in San Francisco, is expected to unlock hundreds of millions of dollars in investment in advanced AI chips, GPU clusters and supporting digital infrastructure to be deployed in Pakistan. A US-based data center operator Datarocx and Data Vault, Pakistan’s first dedicated AI data center, have signed a strategic partnership aimed at transforming Pakistan into a regional hub for artificial intelligence and high-performance computing. Under the partnership, Datarocx will extend its US operations into Pakistan, while Data Vault will serve as the sovereign, in country Datarocx has obtained Special Technology Zones Authority (STZA) status in Pakistan, enabling the partnership to benefit from incentives designed to attract high tech, export oriented investment. The collaboration is also aligned with STZA’s initiative to support an FDA approved lab in Pakistan, enabling AI driven innovation in regulated sectors such as healthcare, life sciences and digital health.
- [Ufone Customers Can Now Enjoy Exclusive English Premier League Streaming Offers Through MyCO](https://businessplus.com.pk/ufone-customers-can-now-enjoy-exclusive-english-premier-league-streaming-offers-through-myco/) - Ufone customers can now enjoy special access to English Premier League (EPL) streaming through an exclusive collaboration with MyCO, the official digital home of the Premier League in Pakistan. Ufone Customers Can Now Enjoy Exclusive English Premier League Streaming Offers Through MyCO - Through this partnership, Ufone subscribers can access discounted EPL streaming plans designed around flexibility and affordability. Customers can choose between weekly streaming for PKR 100 or monthly streaming for PKR 300. For comparison, the standard monthly rate on MyCO has been PKR 600, and a weekly plan was not available earlier. These revised prices give Ufone users convenient, budget-friendly ways to stay connected to their favourite clubs. Ufone customers can now enjoy special access to English Premier League (EPL) streaming through an exclusive collaboration with MyCO, the official digital home of the Premier League in Pakistan. With its exclusive EPL rights and a range of new customer-focused options, MyCO offers Ufone users a seamless way to follow every match, highlight, and moment The partnership will remain active throughout the Premier League tenure, running until May 2026, offering Ufone customers long-term access and consistent value across the season.
- [How Temu Helps This 16-Year-Old Futsal Player Step Up Her Game](https://businessplus.com.pk/how-temu-helps-this-16-year-old-futsal-player-step-up-her-game/) - For Aiman, who competes in youth futsal tournaments across Pakistan, finding reliable, accessible equipment was a challenge. It was also difficult for Aiman and her parents to source an array of professional futsal gear at local stores and other online platforms. How Temu Helps This 16-Year-Old Futsal Player Step Up Her Game - Aiman Ali, a lead striker for Karachi City Club, hopes to become a professional futsal player. The 16-year-old Karachi native keeps a rigorous training schedule, running up to 8 km four days a week. The intensity means that her gear wears down quickly. This young futsal player from Karachi relies on Temu’s wide selection of high-quality gear to keep pace with her rigorous training sessions and chase her professional aspirations Aiman Ali, a lead striker for Karachi City Club, hopes to become a professional futsal player. The 16-year-old Karachi native keeps a rigorous training schedule, running up to The situation changed when they discovered global marketplace Temu, which offers a wide selection of sports equipment. Aiman was able to purchase a variety of gear — including futsal shoes, shin guards, compression socks, and training accessories — all from one platform.
- [Pakistan Records 9.33% Growth in Workers’ Remittances to $16.145 Billion](https://businessplus.com.pk/pakistan-records-9-33-growth-in-workers-remittances-to-16-145-billion/) - The inflow of $ 16.145 billion was recorded during July-November 2025-26 as compared to the inflow of $14.766 billion during July-November 2024-25, showing a growth of 9.33 per cent. Pakistan Records 9.33% Growth in Workers’ Remittances to $16.145 Billion - The inflow of $ 16.145 billion was recorded during July-November 2025-26 as compared to the inflow of $14.766 billion during July-November 2024-25, showing a growth of 9.33 per cent. The overseas workers’ remittances witnessed an increase of 9.33 per cent during the first five months of the current fiscal year 2025-26, According to the statement of State Bank of Pakistan. The inflow of $ 16.145 billion was recorded during July-November 2025-26 as compared to the inflow of $14.766 billion during July-November 2024-25, showing a Remittances inflows during November 2025 were mainly sourced from Saudi Arabia (US$753.0 million), United Arab Emirates (US$675.0 million), United Kingdom (US$481.1million) and United States of America (US$277.1 million)
- [FBR Clarifies Wrong Tax Return SMS Sent by Telecom Operators](https://businessplus.com.pk/fbr-clarifies-wrong-tax-return-sms-sent-by-telecom-operators/) - Each year in September, the Federal Board of Revenue (FBR) approaches Pakistan Telecommunication Authority (PTA) to send customized text messages reminding taxpayers to file their income tax returns before the statutory deadline. FBR Clarifies Wrong Tax Return SMS Sent by Telecom Operators - FBR has received multiple complaints from taxpayers who have received SMS messages purportedly from various telecom service providers asking them to file their income tax returns for Tax Year 2025 before the 30 September, 2025 deadline. Each year in September, the Federal Board of Revenue (FBR) approaches Pakistan Telecommunication Authority (PTA) to send customized text messages reminding taxpayers to file their income tax returns before the statutory deadline. In line with this practice, this year FBR requested PTA on 15 September, 2025 to send messages to taxpayers to file their tax PTA has informed that these messages have been transmitted due to a technical glitch on part of telecom service providers.
- [SECP Introduces Life Insurance Policy Finder Service for Public Facilitation](https://businessplus.com.pk/secp-introduces-life-insurance-policy-finder-service-for-public-facilitation/) - The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Central Depository Company of Pakistan Limited (CDC) and the Insurance Association of Pakistan (IAP), has introduced the Life Insurance Policy Finder Service. This initiative is designed to facilitate the general public in locating life insurance policies of deceased loved ones. SECP Introduces Life Insurance Policy Finder Service for Public Facilitation - To use this service, individuals need to send the CNIC number of the deceased person via SMS to 99833. If a life insurance policy is found against the provided CNIC, the relevant insurance company or family takaful operator will contact the beneficiary to guide them through the verification and claims process. The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Central Depository Company of Pakistan Limited (CDC) and the Insurance Association of Pakistan (IAP), has introduced the Life Insurance Policy Finder Service. This initiative is designed to facilitate the general public in locating life insurance policies of deceased loved ones. The service addresses SECP has issued a circular for the implementation of the Life Insurance Policy Finder Service, mandating the involvement of all life insurance companies and family takaful operators.
- [Asia Energy Transition Summit 2025 Concludes at LUMS with Strong Regional Participation](https://businessplus.com.pk/asia-energy-transition-summit-2025-concludes-at-lums-with-strong-regional-participation/) - The second Asia Energy Transition Summit, jointly organized by the LUMS Energy Institute (LEI), the Alliance for Climate Justice and Clean Energy (ACJCE) and the Pakistan Renewable Energy Coalition (PREC), concluded at LUMS on December 7. The two-day event brought together federal ministers, parliamentarians, civil servants, climate and energy experts and practitioners, academics and activists from across South Asia and Southeast Asia. The summit reaffirmed Asia’s growing political, financial and technological role in shaping regional and global trends towards a clean and just energy transition. It also emphasized the need for stronger regional cooperation and collaboration within Asia to expedite and smoothen this transition. Asia Energy Transition Summit 2025 Concludes at LUMS with Strong Regional Participation - The Summit featured plenary sessions, keynote addresses and thematic discussions focused on advancing a just, people-centred, and affordable energy transition across Asia. Its key themes included new and sustainable pathways for financing energy transition and climatic adaptation and mitigation, tariff and non-tariff barriers to renewable-energy trade, distributed and utility-scale renewable deployment, flexible and climate-resilient grids, governance reforms and the risks posed by inequitable or technologically misdirected ‘false solutions’. The second Asia Energy Transition Summit, jointly organized by the LUMS Energy Institute (LEI), the Alliance for Climate Justice and Clean Energy (ACJCE) and the Pakistan Renewable Energy Coalition (PREC), concluded at LUMS on December 7. The two-day event brought together federal ministers, parliamentarians, civil servants, climate and energy experts and practitioners, academics and activists Reflecting on the summit’s outcomes, Dr. Fiaz Ahmed Chaudhry, Chairman National Grid Company of Pakistan and Senior Advisor at LEI, highlighted Asia’s shared responsibility for energy transition and climate finance. “The summit brought together individuals and institutions who recognize sustainability, affordability and technical credibility as foundations for Asia’s energy future,” he stated. “I hope the discussions among them will generate partnerships that help countries in the region pursue technologically practical, environmentally appropriate, financially viable and socially just transition pathways.”
- [PTA Approves NOC for PTCL’s Acquisition of Telenor Pakistan](https://businessplus.com.pk/pta-approves-noc-for-ptcls-acquisition-of-telenor-pakistan/) - The Pakistan Telecommunication Authority (PTA) has granted a No Objection Certificate (NOC) to Pakistan Telecommunication Company Limited (PTCL) for the acquisition of Telenor Pakistan (Pvt.) Ltd., after a comprehensive review under the applicable regulatory framework. PTA Approves NOC for PTCL’s Acquisition of Telenor Pakistan - PTA evaluated the transaction’s impact on market competition and consumer interests, and consulted relevant government bodies to ensure full compliance with statutory requirements. The Pakistan Telecommunication Authority (PTA) has granted a No Objection Certificate (NOC) to Pakistan Telecommunication Company Limited (PTCL) for the acquisition of Telenor Pakistan (Pvt.) Ltd., after a comprehensive review under the applicable regulatory framework. PTA evaluated the transaction’s impact on market competition and consumer interests, and consulted relevant government bodies to ensure full compliance With this NOC, PTCL may proceed with the acquisition, subject to completion of all legal and commercial formalities. Both companies must ensure continuity and quality of services and uphold all licence obligations throughout the transition.
- [GoTürkiye Launches New Mini-Series “Hidden Lover” showcasing Antalya’s Stunning Landscapes and Experiences](https://businessplus.com.pk/goturkiye-launches-new-mini-series-hidden-lover-showcasing-antalyas-stunning-landscapes-and-experiences/) - GoTürkiye, Türkiye’s official tourism platform, has launched its third mini-series, Hidden Lover, featuring Eda Ece and Caner Cindoruk. Released on the GoTürkiye YouTube channel, the romantic comedy uses Antalya’s striking landscapes as the backdrop for a lighthearted story designed to elevate global awareness of the Mediterranean city. GoTürkiye Launches New Mini-Series “Hidden Lover” showcasing Antalya’s Stunning Landscapes and Experiences - GoTürkiye, Türkiye’s official tourism platform, has launched its third mini-series, Hidden Lover, featuring Eda Ece and Caner Cindoruk. Released on the GoTürkiye YouTube channel, the romantic comedy uses Antalya’s striking landscapes as the backdrop for a lighthearted story designed to elevate global awareness of the Mediterranean city. GoTürkiye, Türkiye’s official tourism platform, has launched its third mini-series, Hidden Lover, featuring Eda Ece and Caner Cindoruk. Released on the GoTürkiye YouTube channel, the romantic comedy uses Antalya’s striking landscapes as the backdrop for a lighthearted story designed to elevate global awareness of the Mediterranean city. Directed by Murat Öztürk, the 10-episode series follows Directed by Murat Öztürk, the 10-episode series follows architect Güneş (Eda Ece) as she attempts to pitch an important project to businessman Ömer. A misunderstanding leads her to Deniz (Caner Cindoruk), whom she believes to be Ömer’s driver. Hoping to arrange a meeting, she brings Deniz along on a whirlwind journey through Antalya’s hidden coves, ancient sites, canyons, beaches, and local culinary highlights revealing the region’s rich nature and culture while an unexpected connection grows between them.
- [Asia Energy Transition Summit 2025 Opens at LUMS with Strong Regional Participation](https://businessplus.com.pk/asia-energy-transition-summit-2025-opens-at-lums-with-strong-regional-participation/) - The Second Asia Energy Transition Summit opened today at LUMS with extensive regional and international participation. Jointly organized by the LUMS Energy Institute (LEI), the Alliance for Climate Justice and Clean Energy (ACJCE) and the Pakistan Renewable Energy Coalition (PREC), the Summit brought together senior government representatives, foreign diplomats, global climate leaders, development institutions, researchers Asia Energy Transition Summit 2025 Opens at LUMS with Strong Regional Participation - The day’s discussions built on priority areas repeatedly highlighted by Federal Minister for Energy (Power Division), Awais Ahmad Leghari, whose policy vision for a flexible, modernized and technologically advanced grid guided the Summit proceedings. Speaking at the event, he said, “Pakistan recognizes the critical importance of moving toward renewable energy, our energy strategy is deeply rooted in sustainability. To fully unlock the potential of renewable energy, Pakistan is focused on modernizing its energy infrastructure. A smart, modernized grid will enable us to effectively integrate renewable energy. The energy transition requires significant investment, Pakistan is open to partnerships with international organizations, governments, and private sector players. By working together, we can achieve a future where clean, renewable energy drives economic growth, improves quality of life, and protects our planet for future generations.” The Second Asia Energy Transition Summit opened today at LUMS with extensive regional and international participation. Jointly organized by the LUMS Energy Institute (LEI), the Alliance for Climate Justice and Clean Energy (ACJCE) and the Pakistan Renewable Energy Coalition (PREC), the Summit brought together senior government representatives, foreign diplomats, global climate leaders, development institutions, researchers Thematic sessions discussed tariff and non-tariff barriers, South–South cooperation and Asia’s geopolitical influence in global energy pathways. Conversations emphasized the need for financing mechanisms that shield developing nations from additional debt burdens, strengthen domestic institutions and support people-centred transition strategies.
- [NBP’s Aitemaad Islamic Advance Salary honored with Silver Award at Qorus Reinvention Award 2025](https://businessplus.com.pk/nbps-aitemaad-islamic-advance-salary-honored-with-silver-award-at-qorus-reinvention-award-2025/) - NBP’s Aitemaad Islamic Advance Salary has been honored with Qorus Reinvention Silver Award 2025. NBP’s Aitemaad Islamic Advance Salary honored with Silver Award at Qorus Reinvention Award 2025 - The awards celebrated the best innovations from the Middle East and Africa (MEA) at the third Qorus Reinvention Awards ceremony, organized in Dubai. National Bank of Pakistan was selected in the Distribution category for its unique idea, strong customer impact, smooth execution and industry-first product. NBP’s Aitemaad Islamic Advance Salary has been honored with Qorus Reinvention Silver Award 2025. The awards celebrated the best innovations from the Middle East and Africa (MEA) at the third Qorus Reinvention Awards ceremony, organized in Dubai. National Bank of Pakistan was selected in the Distribution category for its unique idea, strong customer impact, smooth Mr. Rehmat Ali Hasnie, President & CEO, National Bank of Pakistan, congratulated the Islamic banking team and stakeholders behind this achievement and said: “This recognition is a testament to the invaluable guidance of our Shariah Board, the support of our regulators, and the dedication of the entire NBP family. Aitemaad Islamic Advance Salary reflects our commitment to Islamic banking excellence, customer convenience, and meaningful financial inclusion. I deeply appreciate the collective effort that has made this milestone possible.”
- [DWP Care Celebrates Service Excellence at the Customer Support Annual Awards 2025](https://businessplus.com.pk/dwp-care-celebrates-service-excellence-at-the-customer-support-annual-awards-2025/) - DWP Care, the customer service department of DWP Group, successfully hosted the Customer Support Annual Awards 2025, honoring the outstanding achievements, dedication, and service excellence of its nationwide technicians and service professionals. DWP Care Celebrates Service Excellence at the Customer Support Annual Awards 2025 - The annual event brought together nearly 100 participants from across Pakistan, serving as a platform to recognize high-performing individuals and branches whose commitment to quality customer service continues to elevate DWP Care’s standards. DWP Care, the customer service department of DWP Group, successfully hosted the Customer Support Annual Awards 2025, honoring the outstanding achievements, dedication, and service excellence of its nationwide technicians and service professionals. The annual event brought together nearly 100 participants from across Pakistan, serving as a platform to recognize high-performing individuals and branches whose commitment A significant highlight of the ceremony was the CEO’s special recognition of the team for winning the “GREE Excellent After-Sales Service Provider Award 2025” in China. This international honor underscores DWP Care’s position as a trusted and globally recognized service provider.
- [Spotify Releases 2025 Wrapped with Talha Anjum Retaining the Top Local Artist Spot in Pakistan](https://businessplus.com.pk/spotify-releases-2025-wrapped-with-talha-anjum-retaining-the-top-local-artist-spot-in-pakistan/) - 2025 Wrapped reveals that Talha Anjum has once again emerged as Top Pakistani Artist for the second year in a row. His continued rise reflects a year in which love for local music surged, with Pakistani music consumption up 70%. Spotify Releases 2025 Wrapped with Talha Anjum Retaining the Top Local Artist Spot in Pakistan - Joining Anjum at the top are Umair and Hasan Raheem, while icons Atif Aslam and Nusrat Fateh Ali Khan continue to hold strong. Icons meet breakouts in a year that had Pakistan hitting “play” again and again Spotify’s biggest global moment is back — more captivating, more layered, and more revealing than ever before. And this year, Pakistan made sure its voice was heard. 2025 Wrapped reveals that Talha Anjum has once again emerged as Top Pakistani Artist 2025 Wrapped reveals that Talha Anjum has once again emerged as Top Pakistani Artist for the second year in a row. His continued rise reflects a year in which love for local music surged, with Pakistani music consumption up 70%.
- [Global fashion brands urged to protect workers from climate hazards](https://businessplus.com.pk/global-fashion-brands-urged-to-protect-workers-from-climate-hazards/) - Workers in international fashion and home goods supply chains in Pakistan, especially Karachi, are facing severe physical, mental, and financial hardship as rising temperatures worsen already unsafe working conditions. Consumers and multinational brands in high-income countries continue to benefit from production models that fail to address climate risks, Climate Rights International said in its report. Global fashion brands urged to protect workers from climate hazards - Temperatures in Karachi routinely rise above 38–40°C (100–104°F), with some areas of Sindh recording highs above 52°C (126°F). Climate scientists have warned that such extreme heat events are becoming more frequent, pushing millions of low-income workers into dangerous conditions. Temperatures in Karachi routinely rise above 38–40°C (100–104°F), with some areas of Sindh recording highs above 52°C (126°F). Climate scientists have warned that such extreme heat events are becoming more frequent, pushing millions of low-income workers into dangerous conditions. Inside garment factories and textile mills, with machinery generating extra heat and ventilation often lacking, the Workers interviewed by Climate Rights International described nausea, dizziness, blurred vision, muscle tremors, and injuries linked to extreme temperatures. Many said they had fainted or had watched colleagues collapse.
- [Mobilink Bank to Pioneer Digital Islamic Banking in the Microfinance Sector](https://businessplus.com.pk/mobilink-bank-to-pioneer-digital-islamic-banking-in-the-microfinance-sector/) - Pakistan’s leading digital microfinance bank, Mobilink Bank has announced the launch of its Islamic banking operations to introduce responsible Shariah-compliant financial services in the country. Mobilink Bank to Pioneer Digital Islamic Banking in the Microfinance Sector - Mobilink Bank will introduce Shariah-compliant services through two dedicated Islamic banking branches in Karachi and Peshawar, supported by ten Islamic banking windows. This network is set to expand to fifteen branches and twenty windows over the next phase. Pakistan’s leading digital microfinance bank, Mobilink Bank has announced the launch of its Islamic banking operations to introduce responsible Shariah-compliant financial services in the country. The launch took place during the VEON group’s annual strategy session ‘Ignite’ in Abu Dhabi, following the Bank’s Islamic Banking License approval by State Bank of Pakistan (SBP). This milestone Mobilink Bank has introduced three Shariah-compliant products developed in line with Islamic financial principles. The current account, ‘Takmeel’ supports everyday transactions under a Shariah-guided framework, the savings account, ‘Yaqeen’ offers customers a secure way to manage their deposits, whereas the Murabaha financing product, ‘Umeed’ provides transparent and halal funding for individual and household needs. These products form the initial portfolio for Mobilink Bank’s Islamic banking operations and will be rolled out in phases nationwide.
- [PM invites Turkish companies to increase investment in Pakistan’s energy sector](https://businessplus.com.pk/pm-invites-turkish-companies-to-increase-investment-in-pakistans-energy-sector/) - Prime Minister Shehbaz Sharif expressing satisfaction at the positive trajectory of bilateral relations, reaffirmed Pakistan’s strong commitment to further expanding cooperation with Türkiye, particularly in the energy sector. PM invites Turkish companies to increase investment in Pakistan’s energy sector - Ministerial delegation from Pakistan will visit Turkiye soon to explore further cooperation between the two countries especially in the field of energy and power sector. Prime Minister Shehbaz Sharif expressing satisfaction at the positive trajectory of bilateral relations, reaffirmed Pakistan’s strong commitment to further expanding cooperation with Türkiye, particularly in the energy sector. The Prime Minister welcomed the Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, who called on him for discussions on strengthening bilateral cooperation in the energy The two leaders also witnessed exchange of Memorendums of understanding and agreements between Turkiye and Pakistan in the field of mining, i.e, Deed of assignment -Eastern Offshore Indus-C, Petroleum Concession agreement Ziarat North Block, Petroleum Concession agreement Sukhpur-II Block, Petroleum Concession agreement Deep C block and Offshore Deep F Block.
- [NBP Observes Men’s Day with Leadership Dialogue and Well-Being Session at Head Office](https://businessplus.com.pk/nbp-observes-mens-day-with-leadership-dialogue-and-well-being-session-at-head-office/) - National Bank of Pakistan (NBP) marked Men’s Day with an insightful and engaging program at the Head Office Auditorium, bringing together senior leadership and employees for an afternoon focused on acknowledgment, reflection, and professional well-being. NBP Observes Men’s Day with Leadership Dialogue and Well-Being Session at Head Office - The discussion explored perspectives on leadership, expectations, and the lived experiences that shaped their professional journeys. National Bank of Pakistan (NBP) marked Men’s Day with an insightful and engaging program at the Head Office Auditorium, bringing together senior leadership and employees for an afternoon focused on acknowledgment, reflection, and professional well-being. The event opened with “Behind the Titles,” a leadership conversation featuring Mr. Adnan Nasir, SEVP & Group Chief, Digital Banking The event emphasized that Men’s Day represents an opportunity to acknowledge the contribution, presence, and professionalism of male colleagues across the institution, while reinforcing the importance of dialogue and holistic well-being.
- [LUMS Economics Delegation Wins Top Honours at the 20th SAESM in Kathmandu, Nepal](https://businessplus.com.pk/lums-economics-delegation-wins-top-honours-at-the-20th-saesm-in-kathmandu-nepal/) - A team of undergraduate students from the Chaudhry Nazar Muhammad (CNM) Department of Economics at LUMS represented the University at the 20th South Asian Economics Students’ Meet (SAESM) 2025, hosted by the Nepal Economic Association in collaboration with the Central Department of Economics at Tribhuvan University, Kathmandu, with support from the World Bank. At the conference, the LUMS delegation shared the top title, securing an exceptional result for Pakistan. LUMS Economics Delegation Wins Top Honours at the 20th SAESM in Kathmandu, Nepal - This year’s theme, “Assessing Risks and Vulnerabilities in South Asia and the Path to Economic Resilience,” brought together undergraduate economics students from across the region. SAESM is an annual regional gathering, and LUMS has proudly participated since the conference’s inception in 2004. A team of undergraduate students from the Chaudhry Nazar Muhammad (CNM) Department of Economics at LUMS represented the University at the 20th South Asian Economics Students’ Meet (SAESM) 2025, hosted by the Nepal Economic Association in collaboration with the Central Department of Economics at Tribhuvan University, Kathmandu, with support from the World Bank. At the The students also took part in the Budding Economist Quiz, the South Asian Economics Quiz Contest, policy dialogues, country presentations, and workshops conducted by senior economists and policy specialists. All four LUMS students competing in the flagship Budding Economist Quiz advanced to the top 10, with Zulekha Shoib securing a position in the top 5.
- [Mobilink Bank and NAVTTC Sign Strategic Partnership to Advance Skills Development, Financial Inclusion, and Women Empowerment Across Pakistan](https://businessplus.com.pk/mobilink-bank-and-navttc-sign-strategic-partnership-to-advance-skills-development-financial-inclusion-and-women-empowerment-across-pakistan/) - Pakistan’s leading digital microfinance bank, Mobilink Bank, has entered into a strategic collaboration with the National Vocational & Technical Training Commission (NAVTTC) to strengthen skills development, expand financial inclusion, and support young people and women across Pakistan. Mobilink Bank and NAVTTC Sign Strategic Partnership to Advance Skills Development, Financial Inclusion, and Women Empowerment Across Pakistan - Under the partnership, Mobilink Bank will deliver free financial literacy training programs at NAVTTC funded institutes, supported by digital literacy initiatives through Jazz and their She Fixes programme. Pakistan’s leading digital microfinance bank, Mobilink Bank, has entered into a strategic collaboration with the National Vocational & Technical Training Commission (NAVTTC) to strengthen skills development, expand financial inclusion, and support young people and women across Pakistan. Under the partnership, Mobilink Bank will deliver free financial literacy training programs at NAVTTC funded institutes, supported by The Bank will facilitate instant digital account opening for trainees, enabling seamless access to formal financial services. NAVTTC graduates and aspiring entrepreneurs will also receive access to MSME financing solutions to help them launch or scale micro-businesses, alongside free online banking services to encourage safe digital adoption. In addition, the partnership extends virtual medical consultations through the Mobilink Bank app and provides tailored health insurance options for NAVTTC employees and affiliated members.
- [ABHI partners with KABi to enable instant access to earned wages in Saudi Arabia](https://businessplus.com.pk/abhi-partners-with-kabi-to-enable-instant-access-to-earned-wages-in-saudi-arabia/) - Abhi, powered by Alraedah, has announced a strategic partnership with KABi, a leading Saudi human capital technology company, to provide employees within KABi-managed organizations with instant access to a portion of their earned wages through ABHI’s Earned Wage Access (EWA) solution. ABHI partners with KABi to enable instant access to earned wages in Saudi Arabia - Through this partnership, KABi employees will be able to withdraw part of their accrued salary whenever needed during the month, giving them immediate liquidity to manage daily expenses more easily and reducing reliance on high-cost financial alternatives. Abhi, powered by Alraedah, has announced a strategic partnership with KABi, a leading Saudi human capital technology company, to provide employees within KABi-managed organizations with instant access to a portion of their earned wages through ABHI’s Earned Wage Access (EWA) solution. Through this partnership, KABi employees will be able to withdraw part of their accrued This partnership aligns with the Kingdom’s efforts toward digital transformation and financial empowerment in line with Saudi Vision 2030, supporting workplaces built on innovation and modern technology.
- [CCP authorizes acquisition of Elite Hospitality Ventures by JS Hotel REIT](https://businessplus.com.pk/ccp-authorizes-acquisition-of-elite-hospitality-ventures-by-js-hotel-reit/) - The Competition Commission of Pakistan (CCP) has authorized the proposed acquisition of Elite Hospitality Ventures (Private) Limited by JS Hotel REIT. CCP authorizes acquisition of Elite Hospitality Ventures by JS Hotel REIT - JS Hotel REIT is a newly established Shariah-compliant Hybrid REIT Scheme operating under the Real Estate Investment Trust Regulations, 2022. The Competition Commission of Pakistan (CCP) has authorized the proposed acquisition of Elite Hospitality Ventures (Private) Limited by JS Hotel REIT. The approval has been granted under Section 11 of the Competition Act, 2010 and the Competition (Merger Control) Regulations, 2016. JS Hotel REIT is a newly established Shariah-compliant Hybrid REIT Scheme operating under the The Target entity is a Special Purpose Vehicle formed to develop and operate a planned four-star “Hilton Garden Inn” hotel in Hyderabad.
- [APO International Conference on Green Productivity 2.0 Concludes at LUMS with Strong Regional Participation](https://businessplus.com.pk/apo-international-conference-on-green-productivity-2-0-concludes-at-lums-with-strong-regional-participation/) - The Asian Productivity Organization’s international conference on Green Productivity 2.0 (GP 2.0), jointly organized by the LUMS Energy Institute (LEI), the National Productivity Organization Pakistan (NPO), Federal Ministry of Industries & Production, concluded successfully at the Lahore University of Management Sciences (LUMS). APO International Conference on Green Productivity 2.0 Concludes at LUMS with Strong Regional Participation - The conference featured high-level plenaries, expert keynotes, and sector-focused discussions aligned with the advanced GP 2.0 framework. Sessions addressed a wide range of themes, including sustainable architecture and industrial growth, energy efficiency, circular-economy innovation, energy transition, digital productivity tools, green hydrogen applications, green initiatives in the power and oil and gas sectors, efficient thin-film photovoltaics, circular plastics solutions, and collaborations across government, academia, and industry. The Asian Productivity Organization’s international conference on Green Productivity 2.0 (GP 2.0), jointly organized by the LUMS Energy Institute (LEI), the National Productivity Organization Pakistan (NPO), Federal Ministry of Industries & Production, concluded successfully at the Lahore University of Management Sciences (LUMS). The two-day event brought together senior government officials, industry leaders, international experts, academics, Reflecting on the conference outcomes, Dr. Fiaz Chaudhry, Senior Advisor LUMS Energy Institute, and Mr. Alamgir Chaudhry, CEO NPO, highlighted the importance of collaboration in accelerating sustainable transformation. Dr. Fiaz stated, “This conference has shown the power of partnership between government, academia, and industry in shaping Pakistan’s sustainable industrial future.”
- [LOLC Microfinance Bank Partners with PTCL to Drive Scalable Digital Expansion](https://businessplus.com.pk/lolc-microfinance-bank-partners-with-ptcl-to-drive-scalable-digital-expansion/) - Pakistan Telecommunication Company Limited (PTCL) and LOLC Microfinance Bank have signed an agreement to provide comprehensive cloud services through PTCL Smart Cloud. LOLC Microfinance Bank Partners with PTCL to Drive Scalable Digital Expansion - The partnership will leverage PTCL’s advanced infrastructure and platform solutions to provide LOLC with scalable, secure technology to support its growing microfinance operations across Pakistan. Pakistan Telecommunication Company Limited (PTCL) and LOLC Microfinance Bank have signed an agreement to provide comprehensive cloud services through PTCL Smart Cloud. The partnership will leverage PTCL’s advanced infrastructure and platform solutions to provide LOLC with scalable, secure technology to support its growing microfinance operations across Pakistan. Farooq Rashid, Chief Executive Officer, LOLC Microfinance Bank, Asif Ahmad, Group Chief Business Solutions Officer, PTCL & Ufone 4G, said, “We are pleased to sign an agreement with LOLC Micro Finance Bank to support them in fulfilling their business needs.
- [Jubilee Life Insurance Supports the Digital Future as Title Sponsor of InsurTech 2025](https://businessplus.com.pk/jubilee-life-insurance-supports-the-digital-future-as-title-sponsor-of-insurtech-2025/) - Jubilee Life Insurance partnered with InsurTech 2025 as the Title Sponsor, facilitating the Summit’s theme of marking “Pakistan’s Insurtech Decade: Vision 2030”. Jubilee Life Insurance Supports the Digital Future as Title Sponsor of InsurTech 2025 - Jubilee Life Insurance partnered with InsurTech 2025 as the Title Sponsor, facilitating the Summit’s theme of marking “Pakistan’s Insurtech Decade: Vision 2030”. As Pakistan’s leading life insurance provider, Jubilee Life Insurance partnered with InsurTech 2025 as the Title Sponsor, facilitating the Summit’s theme of marking “Pakistan’s Insurtech Decade: Vision 2030”. The event brought together industry leaders, innovators, and technology experts to explore the future of digitization, financial inclusion, and the growing influence of artificial intelligence in reshaping The Summit serves as a signification of the insurance sector’s commitment to accelerating Pakistan’s digital insurance evolution and supporting platforms that drive meaningful industry-wide progress.
- [PNSC Showcases Strategic Growth and Maritime Vision in FY-2025 Corporate Briefing](https://businessplus.com.pk/pnsc-showcases-strategic-growth-and-maritime-vision-in-fy-2025-corporate-briefing/) - Pakistan National Shipping Corporation (PNSC) convened its Corporate Briefing Session (CBS) for the financial year ended 30 June 2025 here at PNSC Building. PNSC Showcases Strategic Growth and Maritime Vision in FY-2025 Corporate Briefing - The session was attended by analysts, investors, and representatives of brokerage houses, whereas the senior management of PNSC shared the Corporation’s operational performance, financial results, fleet utilization, future business plans, and key strategic developments. Pakistan National Shipping Corporation (PNSC) convened its Corporate Briefing Session (CBS) for the financial year ended 30 June 2025 here at PNSC Building. The session was attended by analysts, investors, and representatives of brokerage houses, whereas the senior management of PNSC shared the Corporation’s operational performance, financial results, fleet utilization, future business plans, and key Various financial investors from mutual funds and brokerage houses joined the session online, with some attending in person. Investors sought clarity on the Corporation’s long-term growth strategy. Responding to these queries, the CEO stated that PNSC is currently investing in three Tier III, modern IMO-compliant vessels, while tenders for an additional twelve vessels are already in process.
- [DIB Pakistan Highlights Ongoing Commitment to Ethical Banking at IBA-CEIF’S 10-YEAR Celebration](https://businessplus.com.pk/dib-pakistan-highlights-ongoing-commitment-to-ethical-banking-at-iba-ceifs-10-year-celebration/) - The Center for Excellence in Islamic Finance (CEIF) at IBA Karachi celebrated its 10-year journey of advancing Islamic finance in Pakistan through a commemorative event titled “A Decade of Empowering Islamic Finance.” DIB Pakistan Highlights Ongoing Commitment to Ethical Banking at IBA-CEIF’S 10-YEAR Celebration - With a vision to lead the world with a continuing momentum ‘Progress never stops’ in ethical, Shariah-compliant, and globally competitive financial solutions, DIB is ready to celebrate its two decades of a robust and trusted footprint in Pakistan. The Center for Excellence in Islamic Finance (CEIF) at IBA Karachi celebrated its 10-year journey of advancing Islamic finance in Pakistan through a commemorative event titled “A Decade of Empowering Islamic Finance.” Dr. Irum Saba, Director, IBA-CEIF, acknowledged the dedicated support of industry partners, and amidst others, highlighted Dubai Islamic Bank (DIB) for its continued DIB is invested in making ethical banking accessible to all Pakistanis through an expanding branch network and state of the art digital footprint.
- [DWP Technologies Wins Multiple Awards at Cisco Partners Event 2024-2025](https://businessplus.com.pk/dwp-technologies-wins-multiple-awards-at-cisco-partners-event-2024-2025/) - The Cisco Partners Award Night brought together key players from the IT Technology Sector to recognize outstanding achievements for the fiscal year 2024-2025. DWP Technologies Wins Multiple Awards at Cisco Partners Event 2024-2025 - DWP Technologies received multiple accolades, including the Enterprise Partner of the Year FY 2025, Software Partner of the Year FY 2025, and the Individual Excellence Award, presented to Waseem Sher. The Cisco Partners Award Night brought together key players from the IT Technology Sector to recognize outstanding achievements for the fiscal year 2024-2025. The event, hosted by Cisco and Ingram, celebrated the success and innovation of partners who have made significant contributions to the technology landscape. Among the evening’s honorees, DWP Technologies received multiple accolades, The Cisco Partners Award Night highlights the achievements of organizations that have shown exceptional growth and contribution to the technology sector. For DWP Technologies, these awards are a reflection of the company’s expertise in delivering top-tier solutions, as well as its strength in executing large-scale projects in Pakistan.
- [Mobilink Bank and IMARAT Group partner to accelerate housing finance in Pakistan](https://businessplus.com.pk/mobilink-bank-and-imarat-group-partner-to-accelerate-housing-finance-in-pakistan/) - Pakistan’s leading digital microfinance bank, Mobilink Bank has entered into a strategic partnership with IMARAT Group, one of the country’s premier real estate conglomerates, to enhance access to housing finance, and drive economic empowerment through technology-driven banking solutions. Mobilink Bank and IMARAT Group partner to accelerate housing finance in Pakistan - Mobilink Bank will extend its Employee Banking Suite to IMARAT employees to provide them with salary accounts, digital banking services, insurance coverage, and exclusive financial benefits. Pakistan’s leading digital microfinance bank, Mobilink Bank has entered into a strategic partnership with IMARAT Group, one of the country’s premier real estate conglomerates, to enhance access to housing finance, and drive economic empowerment through technology-driven banking solutions. Pakistan currently faces a housing crisis, with World Bank estimates placing the housing shortage at around 12 IMARAT employees will gain access to preferential loan products, including House Finance, Personal Loans, and Solar/EV Loans, designed to promote financial well-being and sustainable living. IMARAT Group will reciprocate by opening corporate banking accounts with Mobilink Bank and maintaining substantial current account balances to support mutual business growth.
- [ABHI partners with Bayut to provide EWA in Saudi Arabia](https://businessplus.com.pk/abhi-partners-with-bayut-to-provide-ewa-in-saudi-arabia/) - ABHI, powered by Alraedah Digital Solutions, has announced a new partnership with Bayut KSA, one of the Kingdom’s leading real estate platforms, to enable Bayut KSA employees to instantly access a portion of their earned wages through Abhi’s Earned Wage Access (EWA) solution. ABHI partners with Bayut to provide EWA in Saudi Arabia - Through this collaboration, Bayut KSA employees can withdraw a portion of their accrued salary at any time during the month, giving them greater financial flexibility, reducing daily financial pressure, and supporting their overall well-being. ABHI, powered by Alraedah Digital Solutions, has announced a new partnership with Bayut KSA, one of the Kingdom’s leading real estate platforms, to enable Bayut KSA employees to instantly access a portion of their earned wages through Abhi’s Earned Wage Access (EWA) solution. Through this collaboration, Bayut KSA employees can withdraw a portion of their “At ABHI, our mission is to improve financial inclusion across the region. Partnering with a dynamic company like Bayut allows us to extend the benefits of Earned Wage Access to more professionals in Saudi Arabia, supporting their financial well-being and ultimately boosting productivity and retention,” said Omair Ansari, Co-Founder and CEO of ABHI.
- [Tetra Pak reinforces Sustainability commitment at SDPI’s 28th Annual Development Conference](https://businessplus.com.pk/tetra-pak-reinforces-sustainability-commitment-at-sdpis-28th-annual-development-conference/) - Tetra Pak Pakistan recently participated in the 28th Annual Sustainable Development Conference represented by Noor Aftab, Director Corporate Affairs Pakistan and MENA region and Muhammad Bin Shahzad, Sustainability Manager at Tetra Pak. Tetra Pak reinforces Sustainability commitment at SDPI’s 28th Annual Development Conference - Tetra Pak officials participated in a high-impact plenary session on the topic of “Circular Economy and Food Systems Nexus: Transforming Pakistan’s Dairy Sector for a Sustainable Future”. Tetra Pak Pakistan recently participated in the 28th Annual Sustainable Development Conference represented by Noor Aftab, Director Corporate Affairs Pakistan and MENA region and Muhammad Bin Shahzad, Sustainability Manager at Tetra Pak. The conference was titled “Sustainable Development in the Emerging World Dis|Order” and hosted by the Sustainable Development Policy Institute (SDPI) in Islamabad. The These sessions highlighted the need for collaborative action to strengthen the dairy value chain, enhance recycling systems, and promote low-carbon food production.
- [Amna Riaz Lights Up Times Square as Spotify’s EQUAL Pakistan Ambassador for Q4](https://businessplus.com.pk/amna-riaz-lights-up-times-square-as-spotifys-equal-pakistan-ambassador-for-q4/) - Amna’s listenership has grown by 200% over the past year, with her music added to more than 120,000 playlists. Her most-streamed songs include “Kya sach ho tum?”, “Duur Se”, “Dunya”, “Bachpan”, and “Khizaan”, earning her fans across borders including in the US, Bangladesh, the UK, Canada, and the UAE. Amna Riaz Lights Up Times Square as Spotify’s EQUAL Pakistan Ambassador for Q4 - On November 20, the indie pop singer and songwriter was featured on Spotify’s Times Square billboard in New York City and has been showcased prominently across the platform’s curated playlists. Spotify has announced Amna Riaz as the EQUAL Pakistan Ambassador for the last quarter of 2025, celebrating her as one of the rising voices shaping Pakistan’s contemporary soundscape. On November 20, the indie pop singer and songwriter was featured on Spotify’s Times Square billboard in New York City and has been showcased prominently across the Amna’s listenership has grown by 200% over the past year, with her music added to more than 120,000 playlists.
- [Bestway Group – UBL Donate Rs.550 million to LUMS](https://businessplus.com.pk/bestway-group-ubl-donate-rs-550-million-to-lums/) - The Lahore University of Management Sciences (LUMS) hosted The Lord Choudrey CBE SI Pk, Chairman Bestway Group and Muhammad Jawaid Iqbal President & CEO United Bank Limited (UBL). Bestway Group – UBL Donate Rs.550 million to LUMS - Chairman of Bestway Group presented a cheque of Rs 275 million on behalf of Bestway Group. Likewise, Muhammad Jawaid Iqbal, President and CEO of UBL, presented a cheque of Rs.275 million on behalf of UBL. The Lahore University of Management Sciences (LUMS) hosted The Lord Choudrey CBE SI Pk, Chairman Bestway Group and Muhammad Jawaid Iqbal President & CEO United Bank Limited (UBL). His Lordship, who is also member of the United Kingdom’s House of Lords and the Chairman of Bestway Group presented a cheque of Rs.275 million on behalf The donation will strengthen LUMS’ mission to make world-class learning accessible to exceptional students regardless of financial background and to nurture leadership grounded in innovation, integrity, and service to society.
- [RUA AlHaram AlMakki Company Signs 6 Strategic MoUs, Concluding Its Cityscape Global Debut](https://businessplus.com.pk/rua-alharam-almakki-company-signs-6-strategic-mous-concluding-its-cityscape-global-debut/) - RUA AlHaram AlMakki Company (RUA AlHaram AlMakki Co. or the company), the PIF-owned master developer and Foundation Partner of Cityscape Global 2025, announces the signing of six landmark Memorandums of Understanding (MoUs) with partners from Saudi, Indonesia, Malaysia, Brunei and the United States, advancing international investment and global collaboration for its inaugural King Salman Gate project in the Holy City of Makkah. RUA AlHaram AlMakki Company Signs 6 Strategic MoUs, Concluding Its Cityscape Global Debut - RUA AlHaram AlMakki Company concludes Cityscape Global debut with six strategic MoUs, advancing investment and partnerships for King Salman Gate. RUA AlHaram AlMakki Company concludes Cityscape Global debut with six strategic MoUs, advancing investment and partnerships for King Salman Gate. King Salman Gate showcased as a transformative destination uniting the global Muslim community in the heart of Makkah. Immersive booth welcomed thousands of visitors over the four-day event, drawing strong interest with dynamic visuals and Forbes Global Properties, the exclusive real estate partner of Forbes, signed a MoU with RUA AlHaram AlMakki Co. to explore strategic collaboration. RUA AlHaram AlMakki Co. is the first real estate developer globally to join Forbes Global Properties. The MoU will support the company’s efforts, enhancing international visibility and access to ultra-high-net-worth audiences through Forbes’ global network.
- [Spotify adds in-app playlist transfers with TuneMyMusic integration](https://businessplus.com.pk/spotify-adds-in-app-playlist-transfers-with-tunemymusic-integration/) - Spotify has announced the rollout of a new in-app integration with TuneMyMusic, making it easier than ever for listeners to transfer playlists from other streaming platforms directly into their Spotify library. Spotify adds in-app playlist transfers with TuneMyMusic integration - With nearly 9 billion playlists created on Spotify, these collections carry years of personal memories and discoveries. Spotify just made it easier for listeners to bring the playlists they love to Spotify. Spotify has announced the rollout of a new in-app integration with TuneMyMusic, making it easier than ever for listeners to transfer playlists from other streaming platforms directly into their Spotify library. With nearly 9 billion playlists created on Spotify, these This new feature ensures that no favorites are lost — offering a simple, built-in way for users to bring the music they love to Spotify.
- [SCICON 6.0, 2025: A Celebration of Science, Creativity, and Innovation](https://businessplus.com.pk/scicon-6-0-2025-a-celebration-of-science-creativity-and-innovation/) - The curtains have closed on SCICON 6.0, the premier science olympiad, marking the end of a thrilling two-day journey that showcased the exceptional scientific aptitude and creative genius of students from across Karachi. This year's event brought together approximately 450 students from over 25 schools and colleges SCICON 6.0, 2025: A Celebration of Science, Creativity, and Innovation - This year's event brought together approximately 450 students from over 25 schools and colleges, who battled it out in a range of exciting competitions and activities designed to test their knowledge, skills, and innovative thinking. The curtains have closed on SCICON 6.0, the premier science olympiad, marking the end of a thrilling two-day journey that showcased the exceptional scientific aptitude and creative genius of students from across Karachi. This year's event brought together approximately 450 students from over 25 schools and colleges, who battled it out in a range of The diverse range of modules, including Decryptica, Kinetic Cascade, Market Mayhem, and Silent Testimony, challenged students to apply scientific concepts in practical contexts, pushing them to think outside the box and showcase their talents.
- [BYD Participates in COP30, Contributing a 130-Vehicle New Energy Fleet in the Amazon](https://businessplus.com.pk/byd-participates-in-cop30-contributing-a-130-vehicle-new-energy-fleet-in-the-amazon/) - The 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30) is being held in Belém, Brazil. In coordination with the Summit, BYD deployed a 130-vehicle new energy fleet for the event, used as shuttle services for heads of state and delegates from around the world, ensuring low-carbon transportation throughout the conference while supporting decarbonization efforts in the Amazon region. BYD Participates in COP30, Contributing a 130-Vehicle New Energy Fleet in the Amazon - Tyler Li, President of BYD Brazil, delivered a keynote address at COP30, highlighting the role of technological innovation in global low-carbon development and emphasizing that the large-scale adoption of new energy vehicles is essential to reducing emissions in the transportation sector. The 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30) is being held in Belém, Brazil. In coordination with the Summit, BYD deployed a 130-vehicle new energy fleet for the event, used as shuttle services for heads of state and delegates from around the world, ensuring low-carbon transportation throughout Through its official participation in COP30 and the deployment of a 130-vehicle new energy fleet, BYD contributes to the broader efforts to promote decarbonization in the Amazon region and around the world.
- [FPCCI Applauds Measures to Ease Container Delays and Cargo Issues](https://businessplus.com.pk/fpcci-applauds-measures-to-ease-container-delays-and-cargo-issues/) - Mr. Atif Ikram Sheikh, President FPCCI, has said that the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) welcomes the facilitative and consultative approach of FBR and appreciated the significant measures announced by Customs Appraisement South in a stakeholders meeting aimed at removing operational bottlenecks that have been hampering trade efficiency at Karachi ports. FPCCI Applauds Measures to Ease Container Delays and Cargo Issues - Mr. Atif Ikram Sheikh outlined major issues faced by trade as: (i) persistent delays in timely grounding of containers by terminal operators (ii) frequent incidents of cargo damage, pilferage and mishandling during examination (iii) restricted delivery hours at off-dock terminals causing congestion and additional costs. Mr. Atif Ikram Sheikh, President FPCCI, has said that the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) welcomes the facilitative and consultative approach of FBR and appreciated the significant measures announced by Customs Appraisement South in a stakeholders meeting aimed at removing operational bottlenecks that have been hampering trade efficiency at Karachi ports. Mr. Atif Ikram Sheikh Mr. Atif Ikram Sheikh welcomed the development and announcements: “The business community has been raising these issues for a long time. The meeting and the firm instructions given by Customs are a major step forward in trade facilitation. FPCCI remains fully committed to working hand-in-hand with FBR, Pakistan Customs and all stakeholders to eliminate hurdles and promote ease of doing business for legitimate trade and industry.”
- [ADB Approves $330M to Boost Clean Energy Transmission in Pakistan](https://businessplus.com.pk/adb-approves-330m-to-boost-clean-energy-transmission-in-pakistan/) - The Asian Development Bank (ADB) has approved loans totaling $330 million to Pakistan for the Second Power Transmission Strengthening Project, one of the government’s top priority investments to expand the national transmission network and enable the evacuation of low-cost renewable and hydropower to major load centers. ADB Approves $330M to Boost Clean Energy Transmission in Pakistan - ADB’s financing package comprises a $285 million loan from its ordinary capital resources and a $45 million concessional loan. This financing will help NGC expand and modernize transmission assets, strengthen institutional capacity, improve financial management, and advance public outreach and gender equity initiatives. The Asian Development Bank (ADB) has approved loans totaling $330 million to Pakistan for the Second Power Transmission Strengthening Project, one of the government’s top priority investments to expand the national transmission network and enable the evacuation of low-cost renewable and hydropower to major load centers. The project will construct a new 500-kilovolt, approximately 290-kilometer transmission These investments will address long-standing constraints in Pakistan’s north–south power corridor, enabling the transfer of up to 3,200 megawatts of clean energy from hydropower plants in the north of the country. This will help reduce reliance on imported fuels, improve energy security, and support Pakistan’s transition to a more affordable and sustainable energy mix.
- [MAERSK Delegation Meets BOI Minister on $2B Investment Plans](https://businessplus.com.pk/maersk-delegation-meets-boi-minister-on-2b-investment-plans/) - A high-level delegation from MAERSK, led by the Senior Director of APM Terminals, met with Federal Minister for the Board of Investment (BOI), Qaiser Ahmed Sheikh, to discuss the company’s ambitious plans for Pakistan. During the meeting, the delegation briefed the Minister on MAERSK’s proposed USD 2 billion investment. MAERSK Delegation Meets BOI Minister on $2B Investment Plans - The delegation shared details regarding MAERSK’s plans to establish a new port, a modern shipping terminal, and expanded supply chain and warehousing infrastructure in Pakistan in the future. A high-level delegation from MAERSK, led by the Senior Director of APM Terminals, met with Federal Minister for the Board of Investment (BOI), Qaiser Ahmed Sheikh, to discuss the company’s ambitious plans for Pakistan. During the meeting, the delegation briefed the Minister on MAERSK’s proposed USD 2 billion investment. The delegation shared details regarding MAERSK’s Both sides agreed that Pakistan and MAERSK share a common vision of growth. An MoU has already been signed, marking a key milestone towards future collaboration.
- [Lucky Investments, 5th Pillar Takaful announce strategic partnership](https://businessplus.com.pk/lucky-investments-5th-pillar-takaful-announce-strategic-partnership/) - Lucky Investments Limited, a full-fledged Islamic Asset Management Company, and 5th Pillar Family Takaful, a leading provider of Shariah-compliant family protection, today announced a landmark partnership following a formal signing ceremony. Lucky Investments, 5th Pillar Takaful announce strategic partnership - The agreement ensures that free-of-cost Takaful coverage will be extended to all participants of the recently launched Lucky Islamic Pension Fund (LIPF). This strategic move significantly enhances the overall value and financial security offered to individuals saving for their post-retirement years through the ethical and professionally managed pension fund. Lucky Investments Limited, a full-fledged Islamic Asset Management Company, and 5th Pillar Family Takaful, a leading provider of Shariah-compliant family protection, today announced a landmark partnership following a formal signing ceremony. The agreement ensures that free-of-cost Takaful coverage will be extended to all participants of the recently launched Lucky Islamic Pension Fund (LIPF). This strategic The Fund offers four investment sub-funds—Equity, Debt, Money Market, and Gold—all managed under the strict supervision of a Shariah Advisor. The LIPF addresses a growing national need for structured retirement savings, particularly for individuals in the private and informal sectors, by offering disciplined savings with attractive tax incentives and faith-based investment integrity.
- [LUMS to Host International Conference on Green Productivity 2.0 on November 28–29, 2025](https://businessplus.com.pk/lums-to-host-international-conference-on-green-productivity-2-0-on-november-28-29-2025/) - The LUMS Energy Institute (LEI), in collaboration with Pakistan’s National Productivity Organization (NPO) and the Asian Productivity Organization (APO), Japan, is hosting the International Conference on Green Productivity 2.0 (GP 2.0) on November 28–29, 2025, at LUMS, Lahore. LUMS to Host International Conference on Green Productivity 2.0 on November 28–29, 2025 - The event will also highlight the critical role of academia–industry partnerships in promoting innovation, strengthening regional collaboration, and accelerating sustainable industrial development. Throughout the conference, experts will convene in multiple thematic sessions focusing on green hydrogen for industrial decarburization, the advancement of resource efficiency for a greener Asia, the role of financial institutions in promoting sustainable growth, and ESG-aligned frameworks to enhance productivity and competitiveness. These discussions aim to generate actionable insights and strategic direction for regional cooperation in the green productivity domain. The LUMS Energy Institute (LEI), in collaboration with Pakistan’s National Productivity Organization (NPO) and the Asian Productivity Organization (APO), Japan, is hosting the International Conference on Green Productivity 2.0 (GP 2.0) on November 28–29, 2025, at LUMS, Lahore. The two-day international gathering will bring together more than 80 foreign delegates from APO member economies across The two-day international gathering will bring together more than 80 foreign delegates from APO member economies across Asia and the Pacific, alongside senior experts and participants from Pakistan’s public and private sectors.
- [ABHI and Numou Sign Strategic Agreement to Enhance SME Procurement Financing in Pakistan](https://businessplus.com.pk/abhi-and-numou-sign-strategic-agreement-to-enhance-sme-procurement-financing-in-pakistan/) - Abhi has partnered with Numou, ADGM’s SME growth platform, for providing embedded finance and working capital solutions to enhance access to finance for small and medium enterprises across the region. ABHI, UAE-based Numou sign agreement to power SME procurement financing - Through this collaboration, SMEs on Numou will gain faster, more flexible, and transparent access to working capital, bridging the gap between invoice issuance and payment. Abhi has partnered with Numou, ADGM’s SME growth platform, for providing embedded finance and working capital solutions to enhance access to finance for small and medium enterprises across the region. Through this collaboration, SMEs on Numou will gain faster, more flexible, and transparent access to working capital, bridging the gap between invoice issuance and payment. “Partnering with Abhi allows us to address one of the biggest challenges for SMEs — timely access to financing,” said Mohamed Al Binali, General Manager of Numou. “This collaboration strengthens our mission to build a more inclusive and resilient SME ecosystem across the UAE and beyond.”
- [Textile Industry Posts $6.391 Billion Exports, 3.99% Growth in Jul–Oct 2025-26](https://businessplus.com.pk/textile-industry-posts-6-391-billion-exports-3-99-growth-in-jul-oct-2025-26/) - Textile exports witnessed an increase of 3.99 percent during the first four months of the fiscal year (2025-26) as compared to the same months of last year (2024-25). Textile Industry Posts $6.391 Billion Exports, 3.99% Growth in Jul–Oct 2025-26 - The textile commodities that contributed to trade growth included cotton yarn, the exports of which increased by 7.74 percent to $238.923 million. Textile exports witnessed an increase of 3.99 percent during the first four months of the fiscal year (2025-26) as compared to the same months of last year (2024-25). The overall textile exports from the country were recorded at $6.391 billion during July-October 2025-26 against the exports of $6.146 billion during July-October 2024-25, According to the The export of raw cotton also increased by 100 percent to $2.605 million.
- [U.S.–Pakistan firms sign landmark agreement for critical mineral exploration](https://businessplus.com.pk/u-s-pakistan-firms-sign-landmark-agreement-for-critical-mineral-exploration/) - A major breakthrough in Pakistan’s mineral sector has been achieved as a strategic partnership has been finalized between Pakistan’s private company Himalayan Earth Exploration (HEE) and the American company Nova Minerals Limited for the exploration and development of valuable minerals across the country. U.S.–Pakistan firms sign landmark agreement for critical mineral exploration - According to Gohar, HEE and Nova Minerals (NASDAQ/ASX/FRA: NVA) have entered into a historic agreement under which both companies will represent each other’s interests in Pakistan and the U.S. The partnership will enhance future trade and cooperation in high-tech manufacturing, semiconductors, energy transition technologies, and rare earth elements (REEs). A major breakthrough in Pakistan’s mineral sector has been achieved as a strategic partnership has been finalized between Pakistan’s private company Himalayan Earth Exploration (HEE) and the American company Nova Minerals Limited for the exploration and development of valuable minerals across the country. Prominent businessman and social figure Hanif Gohar, who is also Chairman of HEE a subsidiary of Chinar and Gohar Groups is already leading mineral exploration across Pakistan with a 35-square-kilometer placer gold project and a potential 111-kilometer mineral corridor in Khyber Pakhtunkhwa.
- [ICT exports surge 19.5% as sector posts record four-month performance](https://businessplus.com.pk/ict-exports-surge-19-5-as-sector-posts-record-four-month-performance/) - Pakistan’s information and communications technology (ICT) sector has maintained its strong upward momentum, outperforming the wider services economy with a 19.5% year-on-year increase in export remittances during the first four months of the current fiscal year. ICT exports surge 19.5% as sector posts record four-month performance - From July to October FY 2025–26, ICT export remittances rose to US$1.443 billion — the highest four-month figure ever recorded. Pakistan’s information and communications technology (ICT) sector has maintained its strong upward momentum, outperforming the wider services economy with a 19.5% year-on-year increase in export remittances during the first four months of the current fiscal year. From July to October FY 2025–26, ICT export remittances rose to US$1.443 billion — the highest four-month figure ever The IT and IT-enabled services (ITeS) industry also recorded a healthy trade surplus of US$1.274 billion during the period
- [DWP Technologies Unveils Innovative Print Solutions at PrintPak Lahore 2025](https://businessplus.com.pk/dwp-technologies-unveils-innovative-print-solutions-at-printpak-lahore-2025/) - DWP Technologies, in collaboration with Xerox, made a notable impression at PrintPak Lahore 2025 by showcasing a range of high-performance digital printing technologies designed to meet the growing needs of Pakistan’s print and packaging sector. DWP Technologies Unveils Innovative Print Solutions at PrintPak Lahore 2025 - DWP Technologies, in collaboration with Xerox, made a notable impression at PrintPak Lahore 2025 by showcasing a range of high-performance digital printing technologies designed to meet the growing needs of Pakistan’s print and packaging sector. DWP Technologies, in collaboration with Xerox, made a notable impression at PrintPak Lahore 2025 by showcasing a range of high-performance digital printing technologies designed to meet the growing needs of Pakistan’s print and packaging sector. The DWP Technologies × Xerox booth drew significant attention, offering live demonstrations of Xerox's advanced production printers, intelligent workflow automation The DWP Technologies × Xerox booth drew significant attention, offering live demonstrations of Xerox's advanced production printers, intelligent workflow automation tools, and color-accurate printing systems. These solutions aim to improve efficiency, consistency, and overall performance for businesses in the commercial printing industry.
- [Karachi Video Game Streamer Levels up His Setup with Temu Finds](https://businessplus.com.pk/karachi-video-game-streamer-levels-up-his-setup-with-temu-finds/) - To achieve this next-level growth, the seasoned gamer turned to global e-commerce platform Temu to upgrade his gaming setup, buying a high-performance mouse with quick-response keys, a mechanical keyboard, and noise-canceling headsets. Karachi Video Game Streamer Levels up His Setup with Temu Finds - To achieve this next-level growth, the seasoned gamer turned to global e-commerce platform Temu to upgrade his gaming setup, buying a high-performance mouse with quick-response keys, a mechanical keyboard, and noise-canceling headsets. A 26-year-old advertising agency creative lead turned to the global marketplace for professional-grade gaming equipment that gave his YouTube streams a more polished look. Karachi native Umair Siddiqui is a popular gaming YouTuber with a loyal and growing fan base to his high-stakes first-person shooter (FPS) live streams. The 26-year-old, who has already amassed a “I needed gear that could keep up with my skills. Temu offered the kind of choice I couldn’t find locally,” said Umair. “Everything I needed, from pro-grade equipment to small setup tools, was available with detailed reviews and specifications. It made upgrading simple and affordable.”
- [Faysal Bank Honored as Pakistan's Best Bank (mid-sized) at Pakistan Banking Awards](https://businessplus.com.pk/faysal-bank-honored-as-pakistans-best-bank-mid-sized-at-pakistan-banking-awards/) - Faysal Bank Limited (FBL) has won the award for Pakistan's Best Bank (mid-sized) at the 10th Pakistan Banking Awards, reaffirming its leadership in Islamic banking and its commitment to innovation, excellence, and customer-centric growth.As one of Pakistan’s leading Islamic Bank, with an expanding network of nearly 900 branches nationwide, Faysal Bank’s recognition as Pakistan's Best Faysal Bank Honored as Pakistan's Best Bank (mid-sized) at Pakistan Banking Awards - Faysal Bank’s recognition as Pakistan's Best Bank (mid-sized) reflects its strong financial performance, growing digital footprint and continued focus on providing inclusive, responsible and innovative Shariah-compliant financial solutions. Faysal Bank Limited (FBL) has won the award for Pakistan's Best Bank (mid-sized) at the 10th Pakistan Banking Awards, reaffirming its leadership in Islamic banking and its commitment to innovation, excellence, and customer-centric growth.As one of Pakistan’s leading Islamic Bank, with an expanding network of nearly 900 branches nationwide, Faysal Bank’s recognition as Pakistan's Best Mr. Yousaf Hussain, President & CEO, Faysal Bank Limited, said: “It is a moment of immense honour for Faysal Bank to be recognised among Pakistan’s leading financial institutions. This award reaffirms our journey of transformation and our commitment to providing Shariah-compliant, innovative and customer-focused financial solutions.
- [Fatima Fertilizer organizes seminar on balanced fertilizer use to boost wheat yield](https://businessplus.com.pk/fatima-fertilizer-organizes-seminar-on-balanced-fertilizer-use-to-boost-wheat-yield/) - Fatima Fertilizer Company Limited on Sunday organized an awareness seminar to promote balanced fertilizer use aimed at increasing wheat yield. The event was attended by agricultural experts, company officials, progressive farmers and field representatives from across the district. Key participants included Zonal Sales Manager Malik Muhammad Rehan, Development Officer Abdul Samad Abro, Regional Sales Manager Fatima Fertilizer organizes seminar on balanced fertilizer use to boost wheat yield - Addressing the seminar, experts stressed that enhanced wheat productivity relies on proper land preparation, the use of certified seed, and balanced application of fertilizers. They noted that Fatima Fertilizer is assisting farmers by providing scientifically formulated fertilizers, field guidance and modern agricultural support services. Fatima Fertilizer Company Limited on Sunday organized an awareness seminar to promote balanced fertilizer use aimed at increasing wheat yield. The event was attended by agricultural experts, company officials, progressive farmers and field representatives from across the district. Key participants included Zonal Sales Manager Malik Muhammad Rehan, Development Officer Abdul Samad Abro, Regional Sales Manager Farmers appreciated the company’s efforts, stating that such training programmes play a vital role in improving farming practices and contribute significantly to strengthening the country’s agricultural economy.
- [BYD - Mega Motor Company partners with Pakistan’s first World Athletics–Certified Karachi Marathon](https://businessplus.com.pk/byd-mega-motor-company-partners-with-pakistans-first-world-athletics-certified-karachi-marathon/) - Mega Motor Company (MMC), the official partner of BYD in Pakistan, has formally signed a partnership agreement with Karachi Marathon 2026, marking the beginning of a strategic collaboration aimed at supporting Pakistan’s first World Athletics–Certified marathon. BYD - Mega Motor Company partners with Pakistan’s first World Athletics–Certified Karachi Marathon - The BYD SHARK 6 will feature as the official ‘timer car’ for Karachi Marathon 2026, leading runners from the start line and symbolizing smart mobility, innovation and precision timing on Pakistan’s biggest race route. Mega Motor Company (MMC), the official partner of BYD in Pakistan, has formally signed a partnership agreement with Karachi Marathon 2026, marking the beginning of a strategic collaboration aimed at supporting Pakistan’s first World Athletics–Certified marathon. The signing ceremony took place at BYD Pakistan’s Karachi Experience center, attended by senior leadership from MMC, BYD and Through this partnership, MMC is proud to sponsor two of Pakistan’s top marathon runners, providing them the opportunity to compete on the international stage ahead of Karachi Marathon 2026.
- [Gwadar–Oman Ferry Service Approved to Improve Maritime Connectivity](https://businessplus.com.pk/gwadar-oman-ferry-service-approved-to-improve-maritime-connectivity/) - The Pakistani cabinet has approved the launch of a passenger and cargo ferry service between Pakistan and Oman, a move aimed at strengthening maritime connectivity and boosting bilateral trade and tourism. Gwadar–Oman Ferry Service Approved to Improve Maritime Connectivity - The Pakistan–Oman tourism corridor is seen as a promising avenue for growth, driven by cultural ties, scenic coastal landscapes, and short-distance maritime connectivity. The Pakistani cabinet has approved the launch of a passenger and cargo ferry service between Pakistan and Oman, a move aimed at strengthening maritime connectivity and boosting bilateral trade and tourism. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced the development, noting that both countries would soon sign a Memorandum of Understanding to Minister Chaudhry suggested that the corridor could become one of the fastest-growing bilateral tourism routes in the region, supporting hospitality, transport, and leisure sectors on both sides.
- [RDA inflows rise to $11.313 Billion in Oct 2025](https://businessplus.com.pk/rda-inflows-rise-to-11-313-billion-in-oct-2025/) - The inflow of remittances under Roshan Digital Account (RDA) has risen to US $11.313 billion by the end of October 2025 as compared to US $11.108 billion by September (2025) end. RDA inflows rise to $11.313 Billion in Oct 2025 - The number of accounts registered under the programme also rose by 11,108 to 873,465 in October 2025. The inflow of remittances under Roshan Digital Account (RDA) has risen to US $11.313 billion by the end of October 2025 as compared to US $11.108 billion by September (2025) end. The data showed that the inflows of remittances during October were recorded at US$ 205 million as compared to US$ 196 million in September By the end of October, overseas Pakistanis have invested US $499 million in Naya Pakistan Certificates, US $997 million in Naya Pakistan Islamic Certificates, and US $95 million in Roshan Equity Investment.
- [Pakistan’s Foreign Reserves Maintain $19.72 Billion Level](https://businessplus.com.pk/pakistans-foreign-reserves-maintain-19-72-billion-level/) - The total liquid foreign reserves of Pakistan stood at US$ 19,723.9 million as of 07 November while the reserves held by the State Bank of Pakistan slightly increased to $ 14,524.6 million. Pakistan’s Forex Reserves Maintain $19.72 Billion Level - Net foreign reserves held by the commercial banks also increased by $ 38.5 million to $ 5,199.3 million. The total liquid foreign reserves of Pakistan stood at US$ 19,723.9 million as of 07 November while the reserves held by the State Bank of Pakistan slightly increased to $ 14,524.6 million. “During the week ended on 07-Nov-2025, SBP’s FX reserves increased by US$ 22 million to US$ 14,524.6 million,” the central bank reported on Total liquid foreign reserves held by the country, in the previous week ended on October 31, 2025, were $ 19,663.6 million. Among them the central bank held foreign reserves of $ 14,502.8 million while the commercial banks held $ 5,160.8 million.
- [Federal Minister Qaiser Ahmed Sheikh Discuss Mining Sector Growth with Nova Minerals](https://businessplus.com.pk/federal-minister-qaiser-ahmed-sheikh-discuss-mining-sector-growth-with-nova-minerals/) - Federal Minister for Board of Investment (BOI), Mr. Qaiser Ahmed Sheikh, held a meeting today with the delegation from Nova Minerals Ltd., a U.S.-based mining exploration and development company listed on the ASX and NASDAQ, focusing on gold, antimony, and rare earth minerals. Federal Minister Qaiser Ahmed Sheikh Discuss Mining Sector Growth with Nova Minerals - During the discussion, the Nova Minerals delegation expressed strong interest in exploring investment opportunities in Pakistan’s mineral and mining sectors, particularly in antimony and rare earth minerals. Federal Minister for Board of Investment (BOI), Mr. Qaiser Ahmed Sheikh, held a meeting today with the delegation from Nova Minerals Ltd., a U.S.-based mining exploration and development company listed on the ASX and NASDAQ, focusing on gold, antimony, and rare earth minerals. During the meeting, Federal Minister Qaiser Ahmed Sheikh highlighted Pakistan’s vast and The company’s representatives conveyed that Pakistan’s geological diversity, government facilitation, and policy reforms make it an attractive destination for long-term investment.
- [Car sales soar 39%, production jumps 70% in first four months of FY 2025-26](https://businessplus.com.pk/car-sales-soar-39-production-jumps-70-in-first-four-months-of-fy-2025-26/) - The sale and production of cars in the country witnessed an increase of 39.85 and 70.88 percent respectively during the first four months of the current financial year 2025-26 as compared to the corresponding period of last year. Car sales soar 39%, production jumps 70% in first four months of FY 2025-26 - The production of Suzuki Alto also rose from 11,554 units last year to 23,760 units, witnessing increase of 105.64 percent. The sale and production of cars in the country witnessed an increase of 39.85 and 70.88 percent respectively during the first four months of the current financial year 2025-26 as compared to the corresponding period of last year. During the July-October 2025-26, as many as 42,831 cars were sold against the sale of 30,625 units During the July-October 2025-26, as many as 42,831 cars were sold against the sale of 30,625 units while the production of cars increased from 29,977 units to 51,226 units, showing growth of 39.85 and 70.88 percent respectively.
- [Spotify Reveals the Sounds of Pakistan’s Shaadi Season](https://businessplus.com.pk/spotify-reveals-the-sounds-of-pakistans-shaadi-season/) - With the wedding season in full swing across Pakistan, Spotify is amping up the celebrations with the country’s favourite beats. The nation’s listening patterns reveal just how central music is to every Shaadi moment. According to Spotify data, searches for wedding-related keywords rise by nearly 20% during the September–February period each year (2022–2025), while user-created wedding playlists have surged by a remarkable 330% since 2022. Spotify Reveals the Sounds of Pakistan’s Shaadi Season - The nation’s listening patterns reveal just how central music is to every Shaadi moment. According to Spotify data, searches for wedding-related keywords rise by nearly 20% during the September–February period each year (2022–2025), while user-created wedding playlists have surged by a remarkable 330% since 2022. With the wedding season in full swing across Pakistan, Spotify is amping up the celebrations with the country’s favourite beats. The nation’s listening patterns reveal just how central music is to every Shaadi moment. According to Spotify data, searches for wedding-related keywords rise by nearly 20% during the September–February period each year (2022–2025), while user-created The sound of today’s Pakistani wedding is a lively blend of Bollywood, Desi Pop, Dance, Bhangra, and Disco, with the 2010s emerging as the most-featured decade in user compilations. From local favourites like “Nach Punjaban” by Abrar Ul Haq, “Haye Dil” by Jimmy Khan, and “Shakar Wandaan” by Asrar, to global party anthems such as “London Thumakda”, “Gallan Goodiyaan”, and “Sadi Gali”, listeners are blending nostalgia with high-energy hits. During the last wedding season (September 2024–February 2025), streams of these user-created playlists were almost 30% higher compared to the rest of the year.
- [SECP Registers 14,802 New Companies in First Four Months of FY 2025, Reflecting Strong Investor Confidence](https://businessplus.com.pk/secp-registers-14802-new-companies-in-first-four-months-of-fy-2025-reflecting-strong-investor-confidence/) - The Securities and Exchange Commission of Pakistan (SECP) registered 14,802 new companies in the first four months of the fiscal year 2025, reflecting growing confidence in the country’s corporate sector. SECP Registers 14,802 New Companies in First Four Months of FY 2025, Reflecting Strong Investor Confidence - Province-wise data shows that 7,476 companies were registered in Punjab, followed by the Islamabad Capital Territory (3,230), Sindh (2,197), Khyber Pakhtunkhwa (1,320), Gilgit Baltistan (337), and Balochistan (242). The Securities and Exchange Commission of Pakistan (SECP) registered 14,802 new companies in the first four months of the fiscal year 2025, reflecting growing confidence in the country’s corporate sector. Of these incorporations, 99.9% were processed online through eZfile, bringing the total number of registered companies in Pakistan to 272,918. The total paid-up capital for Foreign investment also showed positive momentum, with 332 newly registered companies receiving capital from international investors across diverse jurisdictions, including Afghanistan, Australia, Bangladesh, Canada, China, Comoros, Denmark, France, Germany, Hong Kong, Japan, Indonesia, Iran, Malaysia, Mauritius, Nigeria, the Netherlands, Norway, Portugal, Philippines, South Africa, South Korea, Sweden, Tajikistan, Thailand, the UK, the United States, and Vietnam.
- [CCP Approves acquisition of Standpharm Pakistan by Crest Garments International](https://businessplus.com.pk/ccp-approves-acquisition-of-standpharm-pakistan-by-crest-garments-international/) - The Competition Commission of Pakistan (CCP) authorized the transaction of Standpharm Pakistan (Private) Limited by Crest Garments International (Private) Limited, which forms part of an internal corporate restructuring as both entities are under the common ownership and management of the same group of individual shareholders, according to the CCP statement. CCP Approves acquisition of Standpharm Pakistan by Crest Garments International - Crest Garments International, primarily engaged in the garment manufacturing business, has no existing operations in the pharmaceutical or nutraceutical markets. The Competition Commission of Pakistan (CCP) authorized the transaction of Standpharm Pakistan (Private) Limited by Crest Garments International (Private) Limited, which forms part of an internal corporate restructuring as both entities are under the common ownership and management of the same group of individual shareholders, according to the CCP statement. Standpharm Pakistan operates in the The pharmaceutical and nutraceutical markets in Pakistan remain competitive, with a large number of active players, moderate market concentration, and continued entry of new firms.
- [Al-Ghazi Tractors Limited Among Top Performers at the Best Corporate & Sustainability Report Awards 2024](https://businessplus.com.pk/al-ghazi-tractors-limited-among-top-performers-at-the-best-corporate-sustainability-report-awards-2024/) - Al-Ghazi Tractors Limited has been honored with an award for Best Corporate and Sustainability Report (BCSR) Awards 2024 in the Automotive and Engineering category by the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMA). Al-Ghazi Tractors Limited Among Top Performers at the Best Corporate & Sustainability Report Awards 2024 - The recognition highlights Al-Ghazi’s commitment to excellence in transparency, governance, and ethical reporting practices within Pakistan’s corporate sector. Al-Ghazi Tractors Limited has been honored with an award for Best Corporate and Sustainability Report (BCSR) Awards 2024 in the Automotive and Engineering category by the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMA). The recognition highlights Al-Ghazi’s commitment to excellence in transparency, governance, and Mansoor Khan, Company Secretary and Head of Compliance, Corporate Affairs, Risk Management, and Corporate Communications, who received the award on behalf of the company, said, "This recognition reflects Al-Ghazi’s steadfast commitment to governance, transparency, and ethical reporting. It is a proud moment for our entire team, whose dedication and meticulous work continue to strengthen the company’s reputation for integrity."
- [Mobilink Bank wins 3rd consecutive ‘Best Digital Banking Services’ award (Microfinance) at CFA Society Pakistan’s Annual Excellence Awards](https://businessplus.com.pk/mobilink-bank-wins-3rd-consecutive-best-digital-banking-services-award-microfinance-at-cfa-society-pakistans-annual-excellence-awards/) - Pakistan’s leading digital microfinance bank, Mobilink Bank has cemented its leadership in Pakistan’s digital banking landscape by winning the ‘Best Digital Banking Services’ Award in the microfinance category for the third consecutive year at the Annual Excellence Awards hosted by CFA Society Pakistan. Mobilink Bank wins 3rd consecutive ‘Best Digital Banking Services’ award (Microfinance) at CFA Society Pakistan’s Annual Excellence Awards - The Bank was also recognized as the runner-up in the ‘Best ESG Reporting’ category amongst Financial Institutions in recognition of its strong performance and continued commitment to environmental, social, and governance (ESG) principles. Bank also recognized as Runner-Up in ‘Best ESG Reporting’ category for Financial Institutions Pakistan’s leading digital microfinance bank, Mobilink Bank has cemented its leadership in Pakistan’s digital banking landscape by winning the ‘Best Digital Banking Services’ Award in the microfinance category for the third consecutive year at the Annual Excellence Awards hosted by CFA Society The award celebrates the bank’s success in advancing financial inclusion and redefining the banking experience through its digital transformation strategy. Its robust digital ecosystem enabled millions to access secure and convenient financial services and set new industry benchmarks for customer experience and service excellence through initiatives like digital account opening, self-service kiosks, and digital SME financing and recent upgrade of the T24 core banking system to R23 – a first in the banking industry of Pakistan.
- [Governor SBP Calls for Regional Capital Market Integration to Drive Sustainable Growth and Financial Stability](https://businessplus.com.pk/governor-sbp-calls-for-regional-capital-market-integration-to-drive-sustainable-growth-and-financial-stability/) - Governor State Bank of Pakistan (SBP) Mr. Jameel Ahmad has emphasized the urgent need for greater regional cooperation and innovation to build integrated capital markets capable of mobilizing investment, enhancing resilience, and fostering sustainable growth across Asia. Governor SBP Calls for Regional Capital Market Integration to Drive Sustainable Growth and Financial Stability - Mr. Ahmad lauded the SECP for hosting the landmark event and creating a platform for collaboration among policymakers, regulators, and market participants from across the region. Governor State Bank of Pakistan (SBP) Mr. Jameel Ahmad has emphasized the urgent need for greater regional cooperation and innovation to build integrated capital markets capable of mobilizing investment, enhancing resilience, and fostering sustainable growth across Asia. He was delivering his keynote address at the inaugural International Capital Market Conference 2025 held today in Karachi. Governor noted that regional capital markets enable smoother capital flows, harmonized regulations, and broader investment opportunities. For economies with low savings rates and limited bank financing capacity—especially for climate and infrastructure projects—integrated regional markets can serve as a critical financing channel.
- [Customs Foil Smuggling, Seize Fabric Millions at Tariq Road](https://businessplus.com.pk/customs-foil-smuggling-seize-fabric-millions-at-tariq-road/) - The enforcement teams raided multiple warehouses at Tariq Road, Karachi, where substantial quantities of smuggled fabric were illegally stored. Customs Foil Smuggling, Seize Fabric Millions at Tariq Road - Acting on credible intelligence a joint operation was conducted on the intervening night of November 9 and 10, 2025. In a major anti-smuggling operation, the Collectorate of Customs (Enforcement), Karachi, in coordination with Sindh Rangers and Police, has foiled a large-scale attempt to smuggle foreign-origin fabric worth millions of rupees. Acting on credible intelligence a joint operation was conducted on the intervening night of November 9 and 10, 2025, under the supervision of Assistant During the operation, 22 Mazda trucks and a 40-foot container loaded with smuggled fabric have been seized. The confiscated goods, valued in crores of rupees, have been shifted to the ASO warehouse for further investigation and legal proceedings under the Customs Act, 1969.
- [Investment in human capital is indispensable for Pakistan’s progress: Experts](https://businessplus.com.pk/investment-in-human-capital-is-indispensable-for-pakistans-progress-experts/) - Speaking as the chief guest at the “CEOs Session: Lead with Vision” held recently in Karachi, renowned business tycoon Arif Habib highlighted that investment in education must be significantly increased by the government, NGOs, and the private sector across the country to achieve lasting economic growth and national prosperity. Investment in human capital is indispensable for Pakistan’s progress: Experts - Speaking as the chief guest at the “CEOs Session: Lead with Vision” held recently in Karachi, renowned business tycoon Arif Habib highlighted that investment in education must be significantly increased by the government, NGOs, and the private sector across the country to achieve lasting economic growth and national prosperity. Experts have emphasized that investing in education, encompassing professional development and character building, is essential for creating a prosperous nation and ensuring Pakistan’s sustainable progress. Speaking as the chief guest at the “CEOs Session: Lead with Vision” held recently in Karachi, renowned business tycoon Arif Habib highlighted that investment in education must be significantly increased Arif Habib urged both the government and the private sector to work collaboratively toward a unified national goal of empowering citizens through education, rather than pursuing fragmented efforts that waste valuable resources.
- [SECP International Capital Market Conference & Expo 2025 Kicks Off Tuesday](https://businessplus.com.pk/secp-international-capital-market-conference-expo-2025-kicks-off-tuesday/) - The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Capital Market Infrastructure Institutions (CMIIs), will host the first-ever International Capital Market Conference & Expo 2025 on Tuesday, November 11. SECP International Capital Market Conference & Expo 2025 Kicks Off Tuesday - The event, the first of its kind in Pakistan, will convene capital market regulators, policymakers, and market infrastructure institutions from notable jurisdictions—including Azerbaijan, Bangladesh, China, Iran, and the USA—alongside multilateral institutions and key stakeholders from Pakistan’s financial ecosystem. The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Capital Market Infrastructure Institutions (CMIIs), will host the first-ever International Capital Market Conference & Expo 2025 on Tuesday, November 11. This landmark initiative will bring together regional and global stakeholders to foster cooperation, innovation, and growth within the capital markets. The event, the first The Expo aims to enhance awareness of the diverse range of financial products available in Pakistan and promote investor education. It will serve as a dynamic platform for institutions to showcase their products and services, highlighting the breadth and depth of offerings within Pakistan’s rapidly growing financial ecosystem.
- [CeDAR at LUMS hosts Startup Weekend Lahore 2025](https://businessplus.com.pk/cedar-at-lums-hosts-startup-weekend-lahore-2025/) - Startup Weekend Lahore 2025 made its return to the city, hosted by the Center for Digital Assets Research (CeDAR) at LUMS. Held from Friday, November 7 to 9, the event centred on FutureTech — Blockchain, Web3, Fintech, AI, Open Banking and Digital Inclusion. Over an intensive 54‑hour journey, participants engaged in idea pitching, team formation, prototyping, mentor feedback and final presentations. CeDAR at LUMS hosts Startup Weekend Lahore 2025 - Startup Weekend Lahore 2025 made its return to the city, hosted by the Center for Digital Assets Research (CeDAR) at LUMS. Held from Friday, November 7 to 9, the event centred on FutureTech — Blockchain, Web3, Fintech, AI, Open Banking and Digital Inclusion. Startup Weekend Lahore 2025 made its return to the city, hosted by the Center for Digital Assets Research (CeDAR) at LUMS. Held from Friday, November 7 to 9, the event centred on FutureTech — Blockchain, Web3, Fintech, AI, Open Banking and Digital Inclusion. Over an intensive 54‑hour journey, participants engaged in idea pitching, team formation, Throughout the weekend, teams iterated on product designs, validated ideas, built prototypes, and prepared final demos for a panel of experienced mentors, judges, and industry leaders.
- [Fatima Fertilizer Hosts Sarsabz Kissan Convention in Multan to Boost Wheat Productivity](https://businessplus.com.pk/fatima-fertilizer-hosts-sarsabz-kissan-convention-in-multan-to-boost-wheat-productivity/) - Fatima Fertilizer, in collaboration with the Govt Agriculture Department and local Govt, organized the Sarsabz Kissan Convention in Multan. The convention brought together over 1,300 farmers, serving as an important platform for discussing innovative and sustainable practices to improve wheat yields and overall agricultural productivity. Fatima Fertilizer Hosts Sarsabz Kissan Convention in Multan to Boost Wheat Productivity - The convention brought together over 1,300 farmers, serving as an important platform for discussing innovative and sustainable practices to improve wheat yields and overall agricultural productivity. Fatima Fertilizer, in collaboration with the Govt Agriculture Department and local Govt, organized the Sarsabz Kissan Convention in Multan. The convention brought together over 1,300 farmers, serving as an important platform for discussing innovative and sustainable practices to improve wheat yields and overall agricultural productivity. The purpose of this farmers' seminar is to encourage farmers Experts and technical representatives from Fatima Fertilizer highlighted the balanced use of fertilizers, particularly Sarsabz Nitrophos and CAN, which have shown significant results in improving soil fertility and achieving 10% or higher per-acre yield of crops.
- [OxfordAQA welcomes Pakistan to its prestigious 2025 Go Further Awards](https://businessplus.com.pk/oxfordaqa-welcomes-pakistan-to-its-prestigious-2025-go-further-awards/) - OxfordAQA, the world’s fastest-growing international exam board, is proud to announce the winners of its prestigious 2025 Go Further Awards, recognizing students who achieved the highest marks in their subject at International GCSE, AS, and A-levels. Awards are given for students who achieve the highest marks in the world, in their region and in their country. OxfordAQA welcomes Pakistan to its prestigious 2025 Go Further Awards - his year’s awards reflect a remarkable surge in academic achievement and international reach, with an 18% increase in student winners and a 40% rise in schools who have award winners compared to 2024. OxfordAQA, the world’s fastest-growing international exam board, is proud to announce the winners of its prestigious 2025 Go Further Awards, recognizing students who achieved the highest marks in their subject at International GCSE, AS, and A-levels. Awards are given for students who achieve the highest marks in the world, in their region and in their Awards are given for students who achieve the highest marks in the world, in their region and in their country.
- [Tetra Pak Factory OS™ offers AI-enabled Smart Manufacturing to Pakistan’s F&B Sector](https://businessplus.com.pk/tetra-pak-factory-os-offers-ai-enabled-smart-manufacturing-to-pakistans-fb-sector/) - Tetra Pak recently unveiled its next-generation Automation and Digitalization (A&D) portfolio, Tetra Pak® Factory OS™ ️, at the Gulfood Manufacturing event in Dubai. This new suite of modular, open, and scalable smart factory technologies will transform food and beverage (F&B) production and lay the foundation for AI-ready factories. Tetra Pak Factory OS™ offers AI-enabled Smart Manufacturing to Pakistan’s F&B Sector - A recent comparative study by Tetra Pak shows that highly automated beverage factories achieve 20% higher overall equipment effectiveness, 45% lower product waste, and 20% fewer packaging line stops compared to less automated facilities. Tetra Pak recently unveiled its next-generation Automation and Digitalization (A&D) portfolio, Tetra Pak® Factory OS™ ️, at the Gulfood Manufacturing event in Dubai. This new suite of modular, open, and scalable smart factory technologies will transform food and beverage (F&B) production and lay the foundation for AI-ready factories. A recent comparative study by Tetra Pak In Pakistan, the food and beverage manufacturing sector continues to face challenges such as rising energy costs, outdated equipment, and limited access to digital tools. These constraints hinder operational efficiency and productivity, particularly for dairy and beverage producers who rely heavily on energy-intensive processing and packaging operations.
- [PTA Successfully Concludes 26th Meeting of the South Asian Telecommunication Regulators’ Council (SATRC-26)](https://businessplus.com.pk/pta-successfully-concludes-26th-meeting-of-the-south-asian-telecommunication-regulators-council-satrc-26/) - The Pakistan Telecommunication Authority (PTA) successfully concluded the 26th Meeting of the South Asian Telecommunication Regulators’ Council (SATRC-26), held from 5–7 November 2025 in Islamabad. PTA Successfully Concludes 26th Meeting of the South Asian Telecommunication Regulators’ Council (SATRC-26) - The three-days event, organized by the Asia-Pacific Telecommunity (APT) and hosted by PTA, brought together heads of regulatory authorities, policy experts, and industry leaders from across South Asia to deliberate on advancing regional digital cooperation and best regulatory practices. The Pakistan Telecommunication Authority (PTA) successfully concluded the 26th Meeting of the South Asian Telecommunication Regulators’ Council (SATRC-26), held from 5–7 November 2025 in Islamabad. The three-days event, organized by the Asia-Pacific Telecommunity (APT) and hosted by PTA, brought together heads of regulatory authorities, policy experts, and industry leaders from across South Asia to deliberate The meeting served as a premier regional platform for dialogue and collaboration on key regulatory issues, focusing on the adoption of the Tokyo Statement 2025 and its implications for sustainable, inclusive, and equitable digital transformation in South Asia. Discussions covered critical themes including emerging technologies, universal connectivity, spectrum harmonization, and regulatory innovation.
- [Workers’ Remittances Surge to $3.4 Billion in October 2025](https://businessplus.com.pk/workers-remittances-surge-to-3-4-billion-in-october-2025/) - Remittances inflows during October 2025 were mainly sourced from Saudi Arabia (US$ 820.9 million), United Arab Emirates (US$ 697.7 million), United Kingdom (US$ 487.7 million) and United States of America (US$ 290.0 million). Workers’ Remittances Surge to $3.4 Billion in October 2025 - Cumulatively, with an inflow of US$ 13.0 billion, workers’ remittances increased by 9.3 percent during July-Oct FY26. In terms of growth, remittances increased by 7.4 percent and 11.9 percent on m/m and y/y basis respectively. Remittances inflows during October 2025 were mainly sourced from Saudi Arabia (US$ 820.9 million), United Arab Emirates (US$ 697.7 million), United Kingdom (US$ 487.7 million) and United States of America (US$ 290.0 million). Cumulatively, with an inflow Remittances inflows during October 2025 were mainly sourced from Saudi Arabia (US$ 820.9 million), United Arab Emirates (US$ 697.7 million), United Kingdom (US$ 487.7 million) and United States of America (US$ 290.0 million).
- [Pakistan’s Liquid Foreign Reserves Reach $19.66 Billion in Latest Update](https://businessplus.com.pk/pakistans-liquid-foreign-reserves-reach-19-66-billion-in-latest-update/) - The total liquid foreign reserves of Pakistan stood at US$ 19,663.6 million as of 31 October while the reserves held by the State Bank of Pakistan slightly increased to $ 14,502.8 million. Pakistan’s Liquid Foreign Reserves Reach $19.66 Billion in Latest Update - During the week ended on 31-Oct-2025, SBP’s FX reserves increased by US$ 31 million to US$ 14,502.8 million. The total liquid foreign reserves of Pakistan stood at US$ 19,663.6 million as of 31 October while the reserves held by the State Bank of Pakistan slightly increased to $ 14,502.8 million. “During the week ended on 31-Oct-2025, SBP’s FX reserves increased by US$ 31 million to US$ 14,502.8 million,” the central bank reported in The central bank held foreign reserves of $ 14,471.6 million while the other $ 5,216 million were held by the commercial banks.
- [Emirates maintains position as the world’s most profitable airline](https://businessplus.com.pk/emirates-maintains-position-as-the-worlds-most-profitable-airline/) - The Emirates Group today announced a new record half-year financial performance, posting a profit before tax of AED 12.2 billion (US$ 3.3 billion) for the first six months of 2025-26, making this the fourth consecutive year of record profitability for the half-year reporting period. Emirates maintains position as the world’s most profitable airline - The Group closed the first half year of 2025-26 with a record cash position of AED 56.0 billion (US$ 15.2 billion) on 30 September 2025, compared to AED 53.4 billion (US$ 14.6 billion) on 31 March 2025. Group: New record half-year performance with profit before tax of AED 12.2 billion (US$ 3.3 billion), up 17% from the same period last year. Revenue up 4% to AED 75.4 billion (US$ 20.6 billion). Emirates: New record half-year profit before tax of AED 11.4 billion (US$ 3.1 billion), up 17%, and revenue of AED 65.6 During the first half of 2025-26, Emirates launched new flight services to: Danang, Siem Reap, Shenzhen and Hangzhou. At 30 September, Emirates’ passenger and cargo network spanned 153 airports in 81 countries and territories.
- [Archaeological finds trace the world’s oldest bread traditions to Anatolia](https://businessplus.com.pk/archaeological-finds-trace-the-worlds-oldest-bread-traditions-to-anatolia/) - Analysis showed traces of emmer wheat and lentils, with evidence suggesting it was baked at around 140 °C and used in a fertility ritual before being buried. Excavations at the Topraktepe (Eirenepolis) Ancient City in Karaman revealed five carbonised loaves dating to the 7th–8th centuries CE, thought to be sacramental breads used in early Christian rituals. Archaeological finds trace the world’s oldest bread traditions to Anatolia - At Konya’s UNESCO-listed site of Çatalhöyük, archaeologists uncovered an 8,600-year-old leavened bread near the remains of a damaged oven, dating to around 6600 BCE one of the oldest ever discovered. Anatolia, one of the earliest cradles of settled life, continues to reveal the ancient roots of this tradition through remarkable archaeological discoveries that trace the evolution of bread-making across millennia. At Konya’s UNESCO-listed site of Çatalhöyük, archaeologists uncovered an 8,600-year-old leavened bread near the remains of a damaged oven, dating to around 6600 BCE one Analysis showed traces of emmer wheat and lentils, with evidence suggesting it was baked at around 140 °C and used in a fertility ritual before being buried. Excavations at the Topraktepe (Eirenepolis) Ancient City in Karaman revealed five carbonised loaves dating to the 7th–8th centuries CE, thought to be sacramental breads used in early Christian rituals.
- [SECP and Digital Banks Partner to Offer Same-Day Corporate Account Opening for Startups](https://businessplus.com.pk/secp-and-digital-banks-partner-to-offer-same-day-corporate-account-opening-for-startups/) - The Securities and Exchange Commission of Pakistan (SECP) has taken a major step toward facilitating startups and newly formed companies by simplifying and expediting the process of opening corporate bank accounts. SECP and Digital Banks Partner to Offer Same-Day Corporate Account Opening for Startups - Through this partnership, same-day corporate account opening will be enabled via a secure, API-based integration between the SECP’s eZfile system and the partner banking platforms. The Securities and Exchange Commission of Pakistan (SECP) has taken a major step toward facilitating startups and newly formed companies by simplifying and expediting the process of opening corporate bank accounts. This initiativereemphasizes the SECP's commitment to its “Paper to Platform” vision. The SECP has signed a Memorandum of Understanding (MoU) with Mobilink Microfinance Bank This collaboration builds on a recent SECP initiative that introduced a Standard Format for Board Resolutions to open corporate bank accounts.
- [New PSW Digital Platform Empowers Traders with Cross-Border Trade Education](https://businessplus.com.pk/new-psw-digital-platform-empowers-traders-with-cross-border-trade-education/) - The Pakistan Single Window (PSW), the country’s digital platform for cross-border trade, has launched its first dedicated online learning platform, ‘Trade Lab’, aimed at equipping entrepreneurs, startups and businesses with knowledge and skills to navigate international trade and comply with customs and regulatory requirements. New PSW Digital Platform Empowers Traders with Cross-Border Trade Education - Developed in collaboration with the Sustainable Development Policy Institute (SDPI) with funding received from the Centre for International Private Enterprise (CIPE). The Pakistan Single Window (PSW), the country’s digital platform for cross-border trade, has launched its first dedicated online learning platform, ‘Trade Lab’, aimed at equipping entrepreneurs, startups and businesses with knowledge and skills to navigate international trade and comply with customs and regulatory requirements. Developed in collaboration with the Sustainable Development Policy Institute (SDPI) with funding received This initiative aims to equip entrepreneurs, startups, and businesses with the knowledge and skills needed to navigate the complexities of international trade in the digital era and enhance their customs and regulatory compliances.
- [Services exports increase by 14.85% to $2.19 Billion in Q1](https://businessplus.com.pk/services-exports-increase-by-14-85-to-2-19-billion-in-q1/) - The exports of services during the first quarter of the current fiscal year increased by 9.69 percent as compared to the exports of the corresponding period of the last year, Pakistan Bureau of Statistics (PBS) reported. Services exports increase by 14.85% to $2.19 Billion in Q1 - During July-September 2025-26, exports of services were recorded at $2.199 billion as against the exports of $1.914 billion during the same period of last year. The exports of services during the first quarter of the current fiscal year increased by 9.69 percent as compared to the exports of the corresponding period of the last year, Pakistan Bureau of Statistics (PBS) reported. During July-September 2025-26, exports of services were recorded at $2.199 billion as against the exports of $1.914 billion during On a year-on-year basis, the services exports from the country grew by 20.26 percent in September 2025.
- [FBR Eases Process for Manual Tax Filers to Encourage Online Return Submission](https://businessplus.com.pk/fbr-eases-process-for-manual-tax-filers-to-encourage-online-return-submission/) - The Federal Board of Revenue (FBR) announced special measures to assist manual income tax filers as part of its ongoing efforts to fully digitize tax operations across Pakistan. FBR Eases Process for Manual Tax Filers to Encourage Online Return Submission - With the objective of ensuring a smooth transition to the online filing system, the FBR had discontinued manual return filings from Tax Year 2024. Recognizing that a small number of manual tax filers may face challenges adapting to the digital system, the FBR has decided to provide special facilitation for such individuals The Federal Board of Revenue (FBR) announced special measures to assist manual income tax filers as part of its ongoing efforts to fully digitize tax operations across Pakistan. With the objective of ensuring a smooth transition to the online filing system, the FBR had discontinued manual return filings from Tax Year 2024. Recognizing that a Furthermore, the FBR has extended the return filing deadline for manual tax filers until 30th November 2025.
- [Govt must review unjust electricity tariff policy for Karachi: FBATI](https://businessplus.com.pk/govt-must-review-unjust-electricity-tariff-policy-for-karachi-fbati/) - President Federal B Area Association of Trade and Industry (FBATI) Shaikh Muhammad Tehseen urged the government to review the electricity tariff policy for domestic, commercial, and industrial consumers of Karachi. Govt must review unjust electricity tariff policy for Karachi: FBATI - The consumers in Karachi are also burdened with a Power Holding Limited (PHL) surcharge of Rs.3.23 per unit, despite K-Electric having no connection to PHL’s circular debt liabilities. President Federal B Area Association of Trade and Industry (FBATI) Shaikh Muhammad Tehseen urged the government to review the electricity tariff policy for domestic, commercial, and industrial consumers of Karachi. He mentioned that the decision of the power regulatory authority to revise the FY 2023–24 Fuel Cost Adjustments (FCA) is unjustified and retroactive, which will This discriminatory pricing forces Karachi to subsidize loss-making DISCOs, despite being the country’s most efficient and compliant consumer base, President FBATI said and warned that if such disparities continue, the power utility could face financial distress, threatening the stability and reliability of Karachi’s energy supply.
- [Banks disburse Rs.2.58tr in agricultural loans during FY25](https://businessplus.com.pk/banks-disburse-rs-2-58tr-in-agricultural-loans-during-fy25/) - Pakistan’s banking sector disbursed a total of Rs.2.58 trillion in agricultural loans during the fiscal year 2024-25, surpassing its annual target. Banks disburse Rs.2.58tr in agricultural loans during FY25 - The farm and crop sector received Rs1,443.8 billion, accounting for 56 percent of total disbursements, a 19.3 percent increase. Pakistan’s banking sector disbursed a total of Rs.2.58 trillion in agricultural loans during the fiscal year 2024-25, surpassing its annual target. This achievement follows the State Bank of Pakistan’s (SBP) new initiatives to expand credit access for small farmers and boost financial inclusion in the rural economy. According to documents from SBP’s Agriculture Credit and Microfinance banks and microfinance institutions also performed strongly, disbursing Rs252.3 billion and Rs30 billion, meeting 102.9 percent and 95.3 percent of their targets.
- [Spotify Reports Q3 2025 Earnings](https://businessplus.com.pk/spotify-reports-q3-2025-earnings/) - Spotify released its Q3 2025 Earnings today, marking another quarter of what the company previously termed as the “Year of Accelerated Execution.” Spotify delivered double-digit subscriber growth, surpassed a milestone of 700 million Monthly Active Users, and achieved record profitability Spotify Reports Q3 2025 Earnings - Spotify released its Q3 2025 Earnings today, marking another quarter of what the company previously termed as the “Year of Accelerated Execution.” In the third quarter, Spotify once again recorded strong user growth and revenue, reflecting the platform’s global leadership in audio streaming. Spotify released its Q3 2025 Earnings today, marking another quarter of what the company previously termed as the “Year of Accelerated Execution.” Spotify delivered double-digit subscriber growth, surpassed a milestone of 700 million Monthly Spotify delivered double-digit subscriber growth, surpassed a milestone of 700 million Monthly Active Users, and achieved record profitability, while expanding their leadership in music, podcasts, and audiobooks.
- [Fly Emirates to Dubai this winter and unlock over 700 incredible offers with My Emirates Pass](https://businessplus.com.pk/fly-emirates-to-dubai-this-winter-and-unlock-over-700-incredible-offers-with-my-emirates-pass/) - Emirate announces exclusive offers this winter with My Emirates Pass; with access to over 700 exclusive offers across Dubai. In addition to year-round benefits, Emirates has introduced seasonal offers giving travellers even more ways to make the most of their Dubai visit. Fly Emirates to Dubai this winter and unlock over 700 incredible offers with My Emirates Pass - Using My Emirates Pass is as easy as ever, customers will simply need to show their physical or digital boarding pass along with a valid ID at participating venues to enjoy the benefits. Discounts across Aquaventure, Skydive Dubai, Museum of the Future, Inside Burj Al Arab Tour among some of the offers available with your Emirates boarding pass Emirate announces exclusive offers this winter with My Emirates Pass; with access to over 700 exclusive offers across Dubai. In addition to year-round benefits, Emirates has introduced seasonal offers giving Running until 31st March 2026, passengers flying, through, or to Dubai can unlock discounts on top culinary experiences, world-class shopping experiences, unmissable leisure attractions, and tranquil luxury spas.
- [Pakistan and Türkiye Target Trade Growth with Renewed Bilateral Cooperation Framework](https://businessplus.com.pk/pakistan-and-turkiye-target-trade-growth-with-renewed-bilateral-cooperation-framework/) - Federal Minister for Commerce, Jam Kamal Khan, held a meeting with Türkiye’s Minister of Trade, Prof. Dr. Ömer Bolat, in Istanbul on the sidelines of the 41st Session of the COMCEC. During the meeting, both ministers discussed avenues to further strengthen trade and economic cooperation between the two brotherly nations. The Turkish Trade Minister, Prof. Pakistan and Türkiye Target Trade Growth with Renewed Bilateral Cooperation Framework - The Turkish Trade Minister, Prof. Dr. Ömer Bolat, expressed his government’s strong desire to enhance trade ties and expand bilateral economic engagement with Pakistan. Federal Minister for Commerce, Jam Kamal Khan, held a meeting with Türkiye’s Minister of Trade, Prof. Dr. Ömer Bolat, in Istanbul on the sidelines of the 41st Session of the COMCEC. During the meeting, both ministers discussed avenues to further strengthen trade and economic cooperation between the two brotherly nations. The Turkish Trade Minister, Prof. Dr. Bolat also extended an invitation to Minister Jam Kamal Khan to attend the upcoming Halal Expo being held in Istanbul from November 25, underscoring the importance of deepening cooperation in the halal trade and related industries.
- [Pakistan’s Retail Payments Surge 38% in FY25 as Digital Channels Dominate with 88% Share: SBP Report](https://businessplus.com.pk/pakistans-retail-payments-surge-38-in-fy25-as-digital-channels-dominate-with-88-share-sbp-report/) - The State Bank of Pakistan (SBP), in its Annual Review of Payment Systems, stated that retail payments volume grew 38% during fiscal year 2024-25 backed by steady momentum of digital channels capturing 88% share in all retail transaction. Pakistan’s Retail Payments Surge 38% in FY25 as Digital Channels Dominate with 88% Share: SBP Report - According to the annual review, the retail payments registered robust growth, reaching 9.1 billion transactions worth Rs.612 trillion, and witnessing an increase of 38% in terms of volume and 12% in value on a yearly basis. The State Bank of Pakistan (SBP), in its Annual Review of Payment Systems, stated that retail payments volume grew 38% during fiscal year 2024-25 backed by steady momentum of digital channels capturing 88% share in all retail transaction. The instant payment platform Raast contributed with more than a twofold increase while PRISM+, the upgraded RTGS Mobile banking apps led with over 6.2 billion transactions, witnessing growth of 52% while internet banking portals processed 297 million transactions, up 33% from the previous year.
- [LUMS and HBL Join Hands to Develop Commercial Financing Schemes for Accelerating Electric Mobility in Pakistan](https://businessplus.com.pk/lums-and-hbl-join-hands-to-develop-commercial-financing-schemes-for-accelerating-electric-mobility-in-pakistan/) - LUMS and Habib Bank Limited (HBL) have signed an MoU to collaborate on developing commercial financing schemes for LUMS’ upcoming project, ‘Pakistan - Battery Swapping Network’. LUMS and HBL Join Hands to Develop Commercial Financing Schemes for Accelerating Electric Mobility in Pakistan - Through this collaboration, both institutions seek to drive the transition toward cleaner, emission-free transport solutions and contribute to improving air quality across urban centres. LUMS and Habib Bank Limited (HBL) have signed an MoU to collaborate on developing commercial financing schemes for LUMS’ upcoming project, ‘Pakistan - Battery Swapping Network’. The initiative aims to accelerate the adoption of electric three-wheelers in Pakistan by introducing flexible and accessible financing options. Through this collaboration, both institutions seek to drive the transition The initiative aims to accelerate the adoption of electric three-wheelers in Pakistan by introducing flexible and accessible financing options.
- [DWP Group Partners with NUST to Empower Pakistan’s Future through Education](https://businessplus.com.pk/dwp-group-partners-with-nust-to-empower-pakistans-future-through-education/) - In a significant step toward nurturing Pakistan’s future leaders, DWP Group has signed a Memorandum of Understanding (MoU) with the National University of Sciences and Technology (NUST) to support higher education for deserving students. DWP Group Partners with NUST to Empower Pakistan’s Future through Education - Under this partnership, DWP Group will sponsor scholarships for talented and deserving students, covering their complete undergraduate degree programs from September 2025 to August 2029. In a significant step toward nurturing Pakistan’s future leaders, DWP Group has signed a Memorandum of Understanding (MoU) with the National University of Sciences and Technology (NUST) to support higher education for deserving students. Under this partnership, DWP Group will sponsor scholarships for talented and deserving students, covering their complete undergraduate degree programs from September This initiative reflects DWP Group’s strong commitment to promoting education, equality of opportunity, and socio-economic development in Pakistan.
- [SECP conducts awareness session for SIFC officials on company incorporation, ease of doing business](https://businessplus.com.pk/secp-conducts-awareness-session-for-sifc-officials-on-company-incorporation-ease-of-doing-business/) - The Securities and Exchange Commission of Pakistan (SECP) organized an interactive awareness session for officials from the Special Investment Facilitation Council (SIFC) on company incorporation and ease of doing business. SECP conducts awareness session for SIFC officials on company incorporation, ease of doing business - The presentation highlighted the steps involved in user registration, incorporation of local and foreign companies, required documentation, types of business structures, governing laws for companies and LLPs, and the benefits of incorporation. The Securities and Exchange Commission of Pakistan (SECP) organized an interactive awareness session for officials from the Special Investment Facilitation Council (SIFC) on company incorporation and ease of doing business. Speaking on the occasion, Muzzafar Ahmed Mirza, Commissioner (LRD) emphasized SECP’s commitment to promoting business formalization and ease of doing business in Pakistan. Shahzad Afzal The session was highly interactive, with participants seeking clarifications on various regulatory and procedural matters. This engagement provided valuable insights and strengthened mutual understanding on facilitating business entry processes.
- [Pakistan Dairy Association hosts a National Seminar on World Food Day 2025](https://businessplus.com.pk/pakistan-dairy-association-hosts-a-national-seminar-on-world-food-day-2025/) - The Pakistan Dairy Association (PDA) hosted the National Seminar on World Food Day 2025 at Faletti’s Hotel, Lahore. The event, held under the theme “Hand in Hand: Safe Food for Better Future,” brought together government ministers, food authorities, policymakers, academia, development partners, media and industry leaders to strengthen national dialogue on food safety, school nutrition, and dairy-based nourishment—vital pillars for a healthier and stronger Pakistan. Pakistan Dairy Association hosts a National Seminar on World Food Day 2025 - The event, held under the theme “Hand in Hand: Safe Food for Better Future,” brought together government ministers, food authorities, policymakers, academia, development partners, media and industry leaders to strengthen national dialogue on food safety, school nutrition, and dairy-based nourishment—vital pillars for a healthier and stronger Pakistan. Empowering the Next Generation through Safe Food and Dairy Nutrition. The Pakistan Dairy Association (PDA) hosted the National Seminar on World Food Day 2025 at Faletti’s Hotel, Lahore. The event, held under the theme “Hand in Hand: Safe Food for Better Future,” brought together government ministers, food authorities, policymakers, academia, development partners, media and industry The National Seminar, organized by PDA, focused on the importance of ensuring safe and nutritious milk for school-going children and strengthening food safety systems across Pakistan.
- [Engro holdings posts Rs.86.15 Billion consolidated profit for nine months](https://businessplus.com.pk/engro-holdings-posts-rs-86-15-billion-consolidated-profit-for-nine-months/) - Engro Holdings Limited has announced its financial results for the nine months, reporting a consolidated profit-after-tax (PAT) of Rs.86,152 million, with Rs.42,017 million attributable to shareholders. Engro holdings posts Rs.86.15 Billion consolidated profit for nine months - The company noted that its financial results continued to reflect the accounting impact of three key developments: the creation of Engro Holdings, the termination of share purchase agreements (SPAs) related to thermal energy assets, and the consolidation of Deodar Towers. Engro Holdings Limited has announced its financial results for the nine months, reporting a consolidated profit-after-tax (PAT) of Rs.86,152 million, with Rs.42,017 million attributable to shareholders. As per the financial results for the period ended September 30, 2025 the company’s earnings per share (EPS) stood at Rs.34.89, compared to Rs.13.21 in the same period last Engro Holdings reported a PAT of Rs.370 million, compared to Rs.6,114 million in the corresponding period last year, translating into an EPS of Rs.0.31 versus Rs.12.70 in 2024. The decline was mainly attributed to the transfer of income-generating investments to DH Partners under the Scheme of Arrangement effective January 1, 2025, along with reduced dividend income from Engro Corp as it retained earnings to fund the towers transaction.
- [Bank Alfalah Pledges PKR 14.6 Million to Support Breast Cancer Patients](https://businessplus.com.pk/bank-alfalah-pledges-pkr-14-6-million-to-support-breast-cancer-patients/) - Bank Alfalah has pledged PKR 14.6 million to fund treatment for 37 breast cancer patients, strengthening its partnership with Indus Hospital and Health Network and Cancer Foundation Hospital. Bank Alfalah Pledges PKR 14.6 Million to Support Breast Cancer Patients - With one in nine women at risk, Pakistan continues to report one of the highest incidence rates in Asia. Funding to provide lifesaving care and promote early detection for women across Pakistan Bank Alfalah has pledged PKR 14.6 million to fund treatment for 37 breast cancer patients, strengthening its partnership with Indus Hospital and Health Network and Cancer Foundation Hospital. The contribution will support diagnostics, surgery, and medical care at two leading non-profit institutions Bank Alfalah is also offering subsidized mammography services for its female employees and their dependents through its insurance partner Chughtai Lab.
- [Habib University Becomes First in Region to Earn IFC EDGE Advanced Certification](https://businessplus.com.pk/habib-university-becomes-first-in-region-to-earn-ifc-edge-advanced-certification/) - Habib University has made history by becoming the first university in South Asia and the Middle East, Central Asia, and Türkiye (MCA) region to receive the EDGE Advanced Green Building Certification from the International Finance Corporation (IFC), a member of the World Bank Group. This global recognition marks Habib University’s Karachi campus as a model of environmental sustainability and resource efficiency. Habib University Becomes First in Region to Earn IFC EDGE Advanced Certification - This global recognition marks Habib University’s Karachi campus as a model of environmental sustainability and resource efficiency. Habib University has made history by becoming the first university in South Asia and the Middle East, Central Asia, and Türkiye (MCA) region to receive the EDGE Advanced Green Building Certification from the International Finance Corporation (IFC), a member of the World Bank Group. This global recognition marks Habib University’s Karachi campus as a model The project was supported by CIFPAK, a climate-focused blended finance program managed by IFC in partnership with the UK Foreign, Commonwealth & Development Office.
- [NBP Marks Pinktober with Purpose and Compassion](https://businessplus.com.pk/nbp-marks-pinktober-with-purpose-and-compassion/) - The National Bank of Pakistan (NBP) observed Breast Cancer Awareness Month through a series of Pinktober 2025 activities held across its regional offices and Head Office, reflecting the Bank’s continued commitment to employee well-being and community health. NBP Marks Pinktober with Purpose and Compassion - Throughout October, NBP regions nationwide organized awareness sessions to educate employees on the importance of early detection, self-examination, and timely medical consultation. The National Bank of Pakistan (NBP) observed Breast Cancer Awareness Month through a series of Pinktober 2025 activities held across its regional offices and Head Office, reflecting the Bank’s continued commitment to employee well-being and community health. Throughout October, NBP regions nationwide organized awareness sessions to educate employees on the importance of early detection, self-examination, The session, led by Dr. Saima Awan emphasized preventive care and the critical role of awareness in saving lives. Employees availed on-site consultations and screenings as part of the initiative.
- [PTCL Group Advances Global API Innovation with CAMARA Standard under GSMA Open Gateway Initiative at GITEX Global 2025](https://businessplus.com.pk/ptcl-group-advances-global-api-innovation-with-camara-standard-under-gsma-open-gateway-initiative-at-gitex-global-2025/) - PTCL Group (PTCL & Ufone 4G) and GSMA have signed a long-term Memorandum of Understanding (MoU) at GITEX Global 2025, expanding collaboration not only within telecom but also across diverse industries. The GSMA Open Gateway initiative is designed to help enterprises connect their services to mobile networks easily and securely using Application Programmable Interfaces (API). This simplifies the adoption of new digital services and drives faster innovation at scale. PTCL Group Advances Global API Innovation with CAMARA Standard under GSMA Open Gateway Initiative at GITEX Global 2025 - PTCL Group has announced the successful development and certification of two new APIs ‘Send OTP’ and ‘Validate OTP’ on the CAMARA standard 1.0.0, the latest release based on Client Initiated Backend Authentication (CIBA). By becoming part of the GSMA Open Gateway initiative, these APIs ensure enterprises and telecom operators can access standardized, secure, and interoperable services. PTCL Group (PTCL & Ufone 4G) and GSMA have signed a long-term Memorandum of Understanding (MoU) at GITEX Global 2025, expanding collaboration not only within telecom but also across diverse industries. The GSMA Open Gateway initiative is designed to help enterprises connect their services to mobile networks easily and securely using Application Programmable Interfaces (API). With this milestone, PTCL Group joins global leaders in advancing digital ecosystems by enabling businesses to easily embed mobile network capabilities into their platforms. The newly certified APIs enhance user authentication, minimize fraud risks, and improve customer journeys by leveraging globally recognized frameworks for security and reliability.
- [PSO Posts Rs.9.4B PAT for Q1 FY26 Amid Robust Energy Demand](https://businessplus.com.pk/pso-posts-rs-9-4b-pat-for-q1-fy26-amid-robust-energy-demand/) - Pakistan State Oil (PSO) delivered a robust performance in the first quarter of FY26, posting a profit after tax of PKR 9.4 billion and earnings per share of PKR 20. PSO Posts Rs.9.4B PAT for Q1 FY26 Amid Robust Energy Demand - The group’s consolidated profit after tax reached PKR 10.5 billion, resulting in earnings per share of PKR 22.4. Pakistan State Oil (PSO) delivered a robust performance in the first quarter of FY26, posting a profit after tax of PKR 9.4 billion and earnings per share of PKR 20. The company’s Board of Management reviewed the group’s performance for the quarter ended September 30, 2025, during its meeting held on October 28, 2025. The PSO sustained its market leadership amid evolving industry dynamics, achieving a 3.5% year-on-year increase in white oil sales to 1.6 million metric tons, while maintaining a dominant 42% market share.
- [PAFLA, Innovista Launch AI & Cybersecurity Courses in Balochistan](https://businessplus.com.pk/pafla-innovista-launch-ai-cybersecurity-courses-in-balochistan/) - The Pakistan Freelancers Association (PAFLA), in collaboration with Innovista and National Vocational and Technical Training Commission (NAVTTC), has launched a comprehensive training initiative for science graduates in Artificial Intelligence and Cyber Security in major cities of Balochistan. PAFLA, Innovista Launch AI & Cybersecurity Courses in Balochistan - Under this collaboration, PAFLA and Innovista will offer comprehensive training programs designed to equip participants with hands-on experience in AI applications, machine learning, data analytics, and cybersecurity defense. The Pakistan Freelancers Association (PAFLA), in collaboration with Innovista and National Vocational and Technical Training Commission (NAVTTC), has launched a comprehensive training initiative for science graduates in Artificial Intelligence and Cyber Security in major cities of Balochistan. The program aims to empower 20,000 youth across Balochistan, both online and through local training centers, through specialized The program aims to empower 20,000 youth across Balochistan, both online and through local training centers, through specialized training sessions to be conducted in Sibbi, Turbat, Khuzdar, Panjgur, and Gwadar.
- [Istanbul Among Europe’s Top City Escapes](https://businessplus.com.pk/istanbul-among-europes-top-city-escapes/) - The city welcomed 13.5 million visitors in the first nine months of 2025 and was recently ranked among Europe’s top five city breaks by consumer champion Which?, while Condé Nast Traveller readers also named it one of the best family-friendly destinations. Istanbul Among Europe’s Top City Escapes - This season, İstanbul’s cultural calendar is packed with major exhibitions and festivals. Highlights include The Art of James Cameron at the İstanbul Cinema Museum, The Haunted Eye by Steve McCurry, the İstanbul Biennial, and the 29th İstanbul Theatre Festival, and Ars Electronica at Zorlu PSM. Set across Asia and Europe along the Bosphorus Strait, İstanbul continues to charm travellers with its historic landmarks, vibrant culture, and dynamic culinary scene. The city welcomed 13.5 million visitors in the first nine months of 2025 and was recently ranked among Europe’s top five city breaks by consumer champion Which?, while Condé Nast Traveller The city welcomed 13.5 million visitors in the first nine months of 2025 and was recently ranked among Europe’s top five city breaks by consumer champion Which?, while Condé Nast Traveller readers also named it one of the best family-friendly destinations.
- [Emirates Showcases Retrofitted B777 with Premium Economy to Celebrate 40th Anniversary of Operations to Karachi](https://businessplus.com.pk/emirates-showcases-retrofitted-b777-with-premium-economy-to-celebrate-40th-anniversary-of-operations-to-karachi/) - Forty years ago, Emirates, the world’s largest international airline, launched its first flight, EK600, on the route to Karachi. To commemorate the milestone Emirates today showcased its retrofitted B777, featuring Premium Economy cabins, at Jinnah International Airport. Emirates Showcases Retrofitted B777 with Premium Economy to Celebrate 40th Anniversary of Operations to Karachi - The special flight featuring Premium Economy cabins, and operating as EK600, arrived in Karachi at 10:45am for guests to preview Premium Economy cabins which is available on a growing number of routes in its global network. Key stakeholders and government officials in Karachi receive special tour of retrofitted aircraft with Premium Economy cabins Forty years ago, Emirates, the world’s largest international airline, launched its first flight, EK600, on the route to Karachi. To commemorate the milestone Emirates today showcased its retrofitted B777, featuring Premium Economy cabins, at Jinnah International Airport. The Over the past forty years of operations to Karachi, Emirates has carried over 19 million passengers between Dubai and Karachi on more than 87,000 flights. Additionally, over 36 million passengers have travelled on a total of 146,000 flights between Dubai and the five points served in the country.
- [Bank Alfalah posted PAT of PKR 21.44 for 9MFY26](https://businessplus.com.pk/bank-alfalah-posted-pat-of-pkr-21-44-for-9mfy26/) - Bank Alfalah posted profit after tax (PAT) of PKR 21.44 billion for the nine-month period ended September 30, 2025, resulting in earnings per share of PKR 13.59 (September 2024: PKR 21.32). The Board of Directors also declared a third interim cash dividend of PKR 2.50 per share (25%), cumulatively bringing the cash dividend payout for the year to PKR 7.50 per share (75%) (9M 2024: PKR 6.00 per share (60%). Bank Alfalah posted PAT of PKR 21.44 for 9MFY26 - Bank’s gross financing book grew by 23.9% year on year to PKR 1.08 trillion. Bank Alfalah posted profit after tax (PAT) of PKR 21.44 billion for the nine-month period ended September 30, 2025, resulting in earnings per share of PKR 13.59 (September 2024: PKR 21.32). The Board of Directors also declared a third interim cash dividend of PKR 2.50 per share (25%), cumulatively bringing the cash dividend payout for The Board of Directors also declared a third interim cash dividend of PKR 2.50 per share (25%), cumulatively bringing the cash dividend payout for the year to PKR 7.50 per share (75%) (9M 2024: PKR 6.00 per share (60%).
- [Fresh record for YANGWANG U9 Xtreme: now the fastest electric hypercar at the Nordschleife](https://businessplus.com.pk/fresh-record-for-yangwang-u9-xtreme-now-the-fastest-electric-hypercar-at-the-nordschleife/) - The YANGWANG U9 Xtreme is already the fastest car on the planet – and now the performance flagship of BYD's luxury sub-brand has set another benchmark. Just one month after posting a world-record high speed of 496.22km/h at ATP Papenburg, YANGWANG is proud to announce that the U9 Xtreme has achieved a new lap record for Electric Super Sports Cars around the Nürburgring, the 'Green Hell' of motorsport. Fresh record for YANGWANG U9 Xtreme: now the fastest electric hypercar at the Nordschleife - The YANGWANG U9 Xtreme is already the fastest car on the planet – and now the performance flagship of BYD's luxury sub-brand has set another benchmark. Just one month after posting a world-record high speed of 496.22km/h at ATP Papenburg, The YANGWANG U9 Xtreme is already the fastest car on the planet – and now the performance flagship of BYD's luxury sub-brand has set another benchmark. Just one month after posting a world-record high speed of 496.22km/h at ATP Papenburg, YANGWANG is proud to announce that the U9 Xtreme has achieved a new lap record YANGWANG's engineering team has been conducting long-term testing at the 20.832km Nürburgring Nordschleife circuit since July 2024 – and the extensive on-track data gleaned from this process had been fed into the development of the U9 Xtreme. YANGWANG can now confirm that on 22 August 2025, the U9X lapped the Nürburgring in 6m59.157sec – slicing more than five seconds off the previous record time in the Electric Super Sports Cars class and becoming the first such vehicle to dip under the seven-minute barrier.
- [The IoT Power play! PTCL Group Supercharges Pakistan’s Industrial IoT Revolution with Vodafone’s Next Gen IoT Core Platform at GITEX Global 2025](https://businessplus.com.pk/the-iot-power-play-ptcl-group-supercharges-pakistans-industrial-iot-revolution-with-vodafones-next-gen-iot-core-platform-at-gitex-global-2025/) - PTCL Group (PTCL & Ufone 4G), Pakistan's premier telecommunication and ICT powerhouse, has forged a game-changing alliance with Smart MEP, the nation's top engineering and system integration firm. Showcasing its commitment to driving digital transformation, PTCL Group announced at GITEX Global 2025 Dubai its strategic move to harness Vodafone’s IoT Core Platform — a bold step set to revolutionize Pakistan’s Industrial IoT landscape and propel the nation into a new era of smart industry innovation. The IoT Power play! PTCL Group Supercharges Pakistan’s Industrial IoT Revolution with Vodafone’s Next Gen IoT Core Platform at GITEX Global 2025 - PTCL Group (PTCL & Ufone 4G), Pakistan's premier telecommunication and ICT powerhouse, has forged a game-changing alliance with Smart MEP, the nation's top engineering and system integration firm. Showcasing its commitment to driving digital transformation, PTCL Group announced at GITEX Global 2025 Dubai its strategic move to harness Vodafone’s IoT Core Platform — a bold step set to revolutionize Pakistan’s Industrial IoT landscape and propel the nation into a new era of smart industry innovation. PTCL Group (PTCL & Ufone 4G), Pakistan's premier telecommunication and ICT powerhouse, has forged a game-changing alliance with Smart MEP, the nation's top engineering and system integration firm. Showcasing its commitment to driving digital transformation, PTCL Group announced at GITEX Global 2025 Dubai its strategic move to harness Vodafone’s IoT Core Platform — a bold Under this partnership, Smart MEP will leverage PTCL IoT Core to design and commercialise LoRaWAN-based Industrial IoT solutions, focusing on Energy Management, Smart Utilities, Water Metering and Smart Manufacturing solutions.
- [Microfinance lifeline of small business growth: CEO Mobilink Bank](https://businessplus.com.pk/microfinance-lifeline-of-small-business-growth-ceo-mobilink-bank/) - Empowering small and medium enterprises (SMEs) is vital to Pakistan’s socio-economic development, and microfinance plays a pivotal role in enabling that empowerment, said President and CEO of Mobilink Microfinance Bank Limited (MMBL), Haaris Mahmood Chaudhary. “By expanding access to finance and supporting small entrepreneurs, we can build a stronger ecosystem that drives sustainable economic progress,” Microfinance lifeline of small business growth: CEO Mobilink Bank - “By expanding access to finance and supporting small entrepreneurs, we can build a stronger ecosystem that drives sustainable economic progress,” he stated while speaking at the signing ceremony of a Memorandum of Understanding (MoU) between MMBL and the Small and Medium Enterprises Development Authority (SMEDA). Empowering small and medium enterprises (SMEs) is vital to Pakistan’s socio-economic development, and microfinance plays a pivotal role in enabling that empowerment, said President and CEO of Mobilink Microfinance Bank Limited (MMBL), Haaris Mahmood Chaudhary. “By expanding access to finance and supporting small entrepreneurs, we can build a stronger ecosystem that drives sustainable economic progress,” Pakistan’s micro, small, and medium enterprises (MSMEs) form the backbone of the national economy, contributing 40% to the GDP, yet they account for less than 6% of private sector credit. As of June, the majority of the country’s 7.1 million MSMEs still lack access to formal financing, particularly those based in rural areas.
- [Pakistan partnering with China to set up ‘National Carbon Trading Framework’](https://businessplus.com.pk/pakistan-partnering-with-china-to-set-up-national-carbon-trading-framework/) - Pakistan is collaborating with a wide range of international organizations, development partners and private stakeholders to establish National Carbon Trading Framework, which will not only strengthen its climate governance but also monetize climate actions. Pakistan partnering with China to set up ‘National Carbon Trading Framework’ - Pakistan has undertaken several nature-based initiatives aligned with carbon sequestration goals, including planting 14 million trees in mangrove forests, which contributes to both biodiversity conservation and potential carbon credit generation. Pakistan is collaborating with a wide range of international organizations, development partners and private stakeholders to establish National Carbon Trading Framework, which will not only strengthen its climate governance but also monetize climate actions. Muhammad Saleem Shaikh, Climate Analyst at the Ministry of Climate Change and Environmental Coordination, told Wealth Pakistan that a key partner With the right mix of policy reforms, technical support and regional cooperation, particularly with China, Pakistan hopes to position itself as a credible participant in the global carbon trading system while advancing its commitments under the Paris Agreement.
- [CCP approves acquisition of FLSmidth Cement by Corsica Buyer ApS](https://businessplus.com.pk/ccp-approves-acquisition-of-flsmidth-cement-by-corsica-buyer-aps/) - The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s FLSmidth Cement by M/s Corsica Buyer ApS under a global Share Purchase Agreement. CCP approves acquisition of FLSmidth Cement by Corsica Buyer ApS - The transaction involves the acquisition of FLSmidth Cement A/S, a Danish company engaged in providing cement technologies and related services worldwide, by Corsica Buyer ApS—a newly incorporated Danish entity ultimately controlled by Pacific Avenue Capital Partners Management Company LLC (PACP), a US-based private equity investment adviser. The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s FLSmidth Cement by M/s Corsica Buyer ApS under a global Share Purchase Agreement. The transaction involves the acquisition of FLSmidth Cement A/S, a Danish company engaged in providing cement technologies and related services worldwide, by Corsica Buyer ApS—a newly incorporated Danish entity ultimately The Commission conducted a Phase-I competition assessment and defined the relevant product market as “Cement Technologies and Services” within the geographic market of Pakistan. The Acquirer currently has no operational presence in Pakistan, while the Target, through FLS Pakistan, holds a significant but non-dominant share across various sub-segments of the market.
- [Bank Alfalah & Legal Aid Society Unveil ADAL Initiative to Boost Financial and Legal Literacy in Pakistan](https://businessplus.com.pk/bank-alfalah-legal-aid-society-unveil-adal-initiative-to-boost-financial-and-legal-literacy-in-pakistan/) - In a bid to strengthen access to justice and financial inclusion for Pakistan’s most marginalized communities, Bank Alfalah has partnered with the Legal Aid Society (LAS) to launch “ADAL – Justice with Dignity, Awareness and Empowerment,” a year-long initiative that seeks to empower 2,000 community members through financial and legal literacy. Bank Alfalah & Legal Aid Society Unveil ADAL Initiative to Boost Financial and Legal Literacy in Pakistan - The collaboration, backed by a PKR 6 million donation from Bank Alfalah, underscores the Bank’s growing commitment to sustainable corporate social responsibility and its mission to create a more inclusive and equitable society. In a bid to strengthen access to justice and financial inclusion for Pakistan’s most marginalized communities, Bank Alfalah has partnered with the Legal Aid Society (LAS) to launch “ADAL – Justice with Dignity, Awareness and Empowerment,” a year-long initiative that seeks to empower 2,000 community members through financial and legal literacy. The collaboration, backed by Bank Alfalah has partnered with the Legal Aid Society (LAS) to launch “ADAL – Justice with Dignity, Awareness and Empowerment,” a year-long initiative that seeks to empower 2,000 community members through financial and legal literacy.
- [DWP Group honors emerging talent at Tameer-e-Mustaqbil graduation ceremony 2025](https://businessplus.com.pk/dwp-group-honors-emerging-talent-at-tameer-e-mustaqbil-graduation-ceremony-2025/) - DWP Group successfully celebrated the graduation ceremony of its Tameer-e-Mustaqbil internship program in Lahore, marking the completion of an enriching journey for seven talented internees from the company’s Tech Division. DWP Group honors emerging talent at Tameer-e-Mustaqbil graduation ceremony 2025 - The ceremony served as a testament to DWP Group’s commitment to nurturing young talent and equipping Pakistan’s youth with the skills, mentorship, and corporate exposure needed to thrive in today’s dynamic professional landscape. DWP Group successfully celebrated the graduation ceremony of its Tameer-e-Mustaqbil internship program in Lahore, marking the completion of an enriching journey for seven talented internees from the company’s Tech Division. The ceremony served as a testament to DWP Group’s commitment to nurturing young talent and equipping Pakistan’s youth with the skills, mentorship, and corporate exposure Through Tameer-e-Mustaqbil, DWP Group continues to invest in the next generation of professionals by providing cross-functional exposure, hands-on training, and direct mentorship from industry leaders. The program’s structure, which includes weekly learning labs, real-time projects, and “Intern Diaries”, ensures a well-rounded learning experience designed to prepare participants for the challenges of the modern workplace.
- [PTCL Group Continues to Achieve Double-Digit Growth](https://businessplus.com.pk/ptcl-group-continues-to-achieve-double-digit-growth-2/) - Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced financial results for the nine months ended September 30, 2025, at a Board of Directors meeting held in Islamabad. PTCL Group recorded 15% revenue growth, maintaining its position as Pakistan’s premier integrated telecom services provider. PTCL Group Continues to Achieve Double-Digit Growth - Group revenue increased by 15% on a YoY basis, driven by strong growth in fixed broadband, mobile data, enterprise, and carrier wholesale services. Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced financial results for the nine months ended September 30, 2025, at a Board of Directors meeting held in Islamabad. PTCL Group recorded 15% revenue growth, maintaining its position as Pakistan’s premier integrated telecom services provider. Financial Highlights Group revenue increased The Competition Commission of Pakistan granted Phase-II approval for the proposed acquisition of Telenor Pakistan by PTCL, marking an important milestone in the consolidation of the telecom sector.
- [PTCL Group, CEQUENS sign MoU at GITEX GLOBAL 2025 as partners to launch CPaaS in Pakistani enterprise market](https://businessplus.com.pk/ptcl-group-cequens-sign-mou-at-gitex-global-2025-as-partners-to-launch-cpaas-in-pakistani-enterprise-market/) - Pakistan’s largest telecommunication and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G) has entered into a strategic partnership with CEQUENS, a global customer engagement solutions provider, to introduce CPaaS for enterprises across Pakistan. PTCL Group, CEQUENS sign MoU at GITEX GLOBAL 2025 as partners to launch CPaaS in Pakistani enterprise market - The collaboration focuses on empowering businesses with a unified suite of communication tools, enabling them to engage customers seamlessly through SMS, voice, WhatsApp, and other digital channels. By leveraging CEQUENS’ global expertise and PTCL Group’s nationwide reach, the partnership aims to strengthen go-to-market capabilities, deliver enhanced customer engagement, and accelerate digital transformation for enterprises in Pakistan. Pakistan’s largest telecommunication and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G) has entered into a strategic partnership with CEQUENS, a global customer engagement solutions provider, to introduce CPaaS for enterprises across Pakistan. Asif Ahmad, Group Chief Business Solutions Officer, PTCL & Ufone 4G and Nermeen Sobhy, SVP Carrier Relations and Wholesale, CEQUENS Commenting on the partnership, Asif Ahmad, Group Business Solutions Officer, PTCL & Ufone 4G, said, “Our partnership with CEQUENS marks a significant step in PTCL Group’s journey to evolve as a digital enabler for Pakistan’s enterprises. With CPaaS, we are equipping businesses with scalable, flexible, and innovative communication solutions that will redefine how they engage with their customers.
- [Spotify Takes Over LUMS as Hip-Hop Event Lights Up the Campus](https://businessplus.com.pk/spotify-takes-over-lums-as-hip-hop-event-lights-up-the-campus/) - Spotify turned up the volume on Pakistan’s growing Hip-Hop scene with an immersive on-campus experience at the Lahore University of Management Sciences (LUMS). Spotify Takes Over LUMS as Hip-Hop Event Lights Up the Campus - Spotify turned up the volume on Pakistan’s growing Hip-Hop scene with an immersive on-campus experience at the Lahore University of Management Sciences (LUMS). Spotify turned up the volume on Pakistan’s growing Hip-Hop scene with an immersive on-campus experience at the Lahore University of Management Sciences (LUMS). The event, A.S.L.I on Campus, celebrated the genre’s powerful rise and deep connection with Gen Z, bringing music, movement, and community together in true Spotify style. Set against the backdrop of one The event, A.S.L.I on Campus, celebrated the genre’s powerful rise and deep connection with Gen Z, bringing music, movement, and community together in true Spotify style.
- [Pakistan’s Cellular Subscribers Soar to 197 Million in 2025](https://businessplus.com.pk/pakistans-cellular-subscribers-soar-to-197-million-in-2025/) - The number of cellular subscribers in Pakistan reached 197 million, with a mobile Tele-density of 79.38 percent, by the end of August 2025, according to data from the Pakistan Telecommunication Authority (PTA). Pakistan’s Cellular Subscribers Soar to 197 Million in 2025 - The number of cellular subscribers in Pakistan reached 197 million, with a mobile Tele-density of 79.38 percent, by the end of August 2025, according to data from the Pakistan Telecommunication Authority (PTA). The number of cellular subscribers in Pakistan reached 197 million, with a mobile Tele-density of 79.38 percent, by the end of August 2025, according to data from the Pakistan Telecommunication Authority (PTA). The data also revealed that mobile broadband subscribers have grown to 148 million, achieving a mobile penetration rate of 59.56 percent. In addition, The data also revealed that mobile broadband subscribers have grown to 148 million, achieving a mobile penetration rate of 59.56 percent.
- [PTCL Group expands partnership with Mercantile at GITEX GLOBAL 2025 to offer Apple’s full product range to enterprise customers](https://businessplus.com.pk/ptcl-group-expands-partnership-with-mercantile-at-gitex-global-2025-to-offer-apples-full-product-range-to-enterprise-customers/) - Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G), has signed a strategic partnership with Apple’s authorized distributor and service provider in Pakistan, Mercantile, to offer Apple’s complete product range to its enterprise customers nationwide. PTCL Group expands partnership with Mercantile at GITEX GLOBAL 2025 to offer Apple’s full product range to enterprise customers - The agreement allows PTCL Group and Mercantile to jointly work toward expanding access to cutting-edge technology, enhancing customer confidence through extended support services, strengthening go-to-market capabilities with joint initiatives, and amplifying market presence through collaborative campaigns. Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G), has signed a strategic partnership with Apple’s authorized distributor and service provider in Pakistan, Mercantile, to offer Apple’s complete product range to its enterprise customers nationwide. The partnership was signed by Asif Ahmad, Group Chief Business Solutions Officer, PTCL & Ufone The agreement allows PTCL Group and Mercantile to jointly work toward expanding access to cutting-edge technology, enhancing customer confidence through extended support services, strengthening go-to-market capabilities with joint initiatives, and amplifying market presence through collaborative campaigns.
- [Pakistan’s Seafood Exports Surge 27.81% in Q1 FY25](https://businessplus.com.pk/pakistans-seafood-exports-surge-27-81-in-q1-fy25/) - Between July and September 2025, Pakistan exported more than 40,534 metric tons of fish and fish products, generating a total value of $89.6 million. Pakistan’s Seafood Exports Surge 27.81% in Q1 FY25 - Between July and September 2025, Pakistan exported more than 40,534 metric tons of fish and fish products, generating a total value of $89.6 million. Fish and fish preparations exports from the country during the first quarter of the current financial year grew by 27.81 per cent as compared to the exports of the corresponding period of the last year, according to the data of the Pakistan Bureau of Statistics. Between July and September 2025, Pakistan exported more than 40,534 During the review period, Pakistan’s exports of meat and meat preparations experienced a notable growth of 5.59%, with over 27,297 metric tons shipped abroad. These exports generated a substantial revenue of $122.199 million, reflecting steady demand in international markets for Pakistani meat products.
- [80% of world’s poor live in regions exposed to climate hazards; South Asia has largest number: UN](https://businessplus.com.pk/80-of-worlds-poor-live-in-regions-exposed-to-climate-hazards-south-asia-has-largest-number-un/) - Nearly 80 per cent of the world’s poor – 887 million people – live in regions that are exposed to extreme heat, flooding and other climate hazards, highlighting the urgent need for global action to address the issue, according to a new UN report. 80% of world’s poor live in regions exposed to climate hazards; South Asia has largest number: UN - Globally, 1.1 billion people are living in multidimensional poverty – which spans health, education and living standards – and 887 million are directly exposed to at least one climate hazard. Nearly 80 per cent of the world’s poor – 887 million people – live in regions that are exposed to extreme heat, flooding and other climate hazards, highlighting the urgent need for global action to address the issue, according to a new UN report. That’s according to a report released on Friday by the UN South Asia and sub-Saharan Africa account for the largest numbers of poor people living in regions affected by adverse climate impact, with 380 million and 344 million, respectively.
- [Pakistani social impact initiative, ‘Dil Se’ wins Gold at ‘Dragons of Asia’](https://businessplus.com.pk/pakistani-social-impact-initiative-dil-se-wins-gold-at-dragons-of-asia/) - PTCL Group (PTCL & Ufone 4G)’s flagship social impact initiative, ‘Dil Se’, has earned the prestigious Gold Dragon Award at the ‘Dragons of Asia’ in the Digital Campaigns category. This recognition is more than just a win as it reflects how powerful vision, and purpose can be when driven by empathy. Pakistani social impact initiative, ‘Dil Se’ wins Gold at ‘Dragons of Asia’ - ‘Dil Se’- PTCL’s group social impact platform stems from the Group’s belief that as Pakistan’s national telecom carrier, its responsibility goes beyond networks and digital services and that it should give back to the communities it serves. PTCL Group (PTCL & Ufone 4G)’s flagship social impact initiative, ‘Dil Se’, has earned the prestigious Gold Dragon Award at the ‘Dragons of Asia’ in the Digital Campaigns category. This recognition is more than just a win as it reflects how powerful vision, and purpose can be when driven by empathy. The Dragons of Asia The campaign in focus addresses one of the most fundamental needs of life: clean water. One of the most pressing challenges in Pakistan is access to clean and safe drinking water, especially in water-scarce regions like Thar in Southern Pakistan. Communities, especially women and children, walk miles every day just to fetch water. As a result, health, education, and livelihoods all suffer.
- [SECP organizes roundtable discussions on future of Takaful in Pakistan](https://businessplus.com.pk/secp-organizes-roundtable-discussions-on-future-of-takaful-in-pakistan/) - The Securities and Exchange Commission of Pakistan (SECP) organized a roundtable discussion in Karachi titled “The Future of Takaful in Pakistan.” The event was part of the SECP’s ‘Insured Pakistan’ five-year strategic plan. SECP organizes roundtable discussions on future of Takaful in Pakistan - The half-day session brought together Shariah advisors, international insurance brokers (AON and Guy Carpenter), and insurance industry representatives to promote the development of the Takaful sector. The Securities and Exchange Commission of Pakistan (SECP) organized a roundtable discussion in Karachi titled “The Future of Takaful in Pakistan.” The event was part of the SECP’s ‘Insured Pakistan’ five-year strategic plan. The half-day session brought together Shariah advisors, international insurance brokers (AON and Guy Carpenter), and insurance industry representatives to promote the development Representatives of the Insurance Association of Pakistan identified potential issues, including the limited availability of re-Takaful capacity, the conversion of conventional insurance products, and the support required from the regulator and government to address them.
- [Mobilink Bank Wins 'Best in Industry – Banking' at Best Place to Work Pakistan Awards 2025](https://businessplus.com.pk/mobilink-bank-wins-best-in-industry-banking-at-best-place-to-work-pakistan-awards-2025/) - Pakistan's leading digital microfinance bank, Mobilink Bank, has been recognized as the 'Best Place to Work' in Pakistan's banking industry at the Best Place to Work Pakistan Awards 2025, one of the most prestigious & celebrated awards in Pakistan's HR fraternity. The awards are an initiative of the Pakistan Society of Human Resource Management (PSHRM), powered by Engage Consulting. Mobilink Bank Wins 'Best in Industry – Banking' at Best Place to Work Pakistan Awards 2025 - Pakistan's leading digital microfinance bank, Mobilink Bank, has been recognized as the 'Best Place to Work' in Pakistan's banking industry at the Best Place to Work Pakistan Awards 2025 Pakistan's leading digital microfinance bank, Mobilink Bank, has been recognized as the 'Best Place to Work' in Pakistan's banking industry at the Best Place to Work Pakistan Awards 2025, one of the most prestigious & celebrated awards in Pakistan's HR fraternity. The awards are an initiative of the Pakistan Society of Human Resource Management (PSHRM), The selection was based on multiple dimensions, including employee experience and engagement, leadership and organizational culture, people policies and HR practices, diversity, equity, and inclusion, as well as employer brand perception compared to industry benchmarks.
- [PTCL Group and PPAF Announce Expansion of ‘Ba-Ikhtiar’ Initiative at GITEX Global 2025 to Empower Over 2,300 Women](https://businessplus.com.pk/ptcl-group-and-ppaf-announce-expansion-of-ba-ikhtiar-initiative-at-gitex-global-2025-to-empower-over-2300-women/) - PTCL Group, in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), announced the expansion of its flagship women empowerment initiative, Ba-Ikhtiar, during GITEX Global 2025 in Dubai. ‘Ba-Ikhtiar’, a social initiative jointly piloted by PTCL Group (PTCL & Ufone 4G) and the Pakistan Poverty Alleviation Fund (PPAF) to empower 100 underprivileged women entrepreneurs in Haripur, Khyber Pakhtunkhwa, is now being expanded to 23 flood-affected cities across the country following its resounding success. PTCL Group and PPAF Announce Expansion of ‘Ba-Ikhtiar’ Initiative at GITEX Global 2025 to Empower Over 2,300 Women - ‘Ba-Ikhtiar’, a social initiative jointly piloted by PTCL Group (PTCL & Ufone 4G) and the Pakistan Poverty Alleviation Fund (PPAF) to empower 100 underprivileged women entrepreneurs in Haripur, Khyber Pakhtunkhwa, is now being expanded to 23 flood-affected cities across the country following its resounding success. The extended program aims to up-skill over 2,300 women by equipping them with digital and entrepreneurial capabilities to enhance their livelihoods and drive upward social mobility. PTCL Group, in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), announced the expansion of its flagship women empowerment initiative, Ba-Ikhtiar, during GITEX Global 2025 in Dubai. The agreement was signed between Hatem Bamatraf, President and Group CEO, PTCL & Ufone 4G, and Nadir Gul Barech, CEO, PPAF, marking another milestone in PTCL Group’s commitment The Ba-Ikhtiar program combines digital literacy, financial management, and training in practical trades such as stitching, pottery, handicrafts, food preservation, and organic cosmetics. Leveraging PTCL Group’s digital infrastructure and connectivity alongside PPAF’s nationwide community outreach, the initiative connects participants with the tools, platforms, and opportunities needed to turn skills into long-term income.
- [New Tax Deadline Announced: FBR Moves Date to Oct 31](https://businessplus.com.pk/new-tax-deadline-announced-fbr-moves-date-to-oct-31/) - The Federal Board of Revenue (FBR) extended the deadline for filing income tax returns for Tax Year 2025 till October 31, 2025. New Tax Deadline Announced: FBR Moves Date to Oct 31 - This decision has been made under Section 214A of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) extended the deadline for filing income tax returns for Tax Year 2025 till October 31, 2025. This decision has been made under Section 214A of the Income Tax Ordinance, 2001, FBR issued a statement. The extension in the deadline has been granted in response to requests made by various The extension in the deadline has been granted in response to requests made by various trade bodies and tax bar associations.
- [HRH Crown Prince Announces “King Salman Gate” Project in Makkah](https://businessplus.com.pk/hrh-crown-prince-announces-king-salman-gate-project-in-makkah/) - His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Board of Directors of RUA AlHaram AlMakki Company, announces the launch of King Salman Gate, a transformative multi-use development in the Holy City of Makkah. HRH Crown Prince Announces “King Salman Gate” Project in Makkah - Spanning up to 12 million sqm Gross Floor Area adjacent to AlMasjid AlHaram, the project marks a major milestone in the development of Makkah and its central area. His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Board of Directors of RUA AlHaram AlMakki Company, announces the launch of King Salman Gate, a transformative multi-use development in the Holy City of Makkah. Spanning up to 12 million sqm Gross Floor Area adjacent to The project will contribute to Saudi Vision 2030’s goals of economic transformation through generating more than 300,000 jobs by 2036.
- [CCP Launches Crackdown on Harmful Whitening Creams in Pakistan](https://businessplus.com.pk/ccp-launches-crackdown-on-harmful-whitening-creams-in-pakistan/) - The Competition Commission of Pakistan (CCP) has launched a nationwide probe against companies involved in making, marketing, and selling mercury-laden skin whitening creams. The move aims to protect consumers from serious health risks and to ensure fair competition in the cosmetics market. CCP Launches Crackdown on Harmful Whitening Creams in Pakistan - The Competition Commission of Pakistan (CCP) has launched a nationwide probe against companies involved in making, marketing, and selling mercury-laden skin whitening creams. The Competition Commission of Pakistan (CCP) has launched a nationwide probe against companies involved in making, marketing, and selling mercury-laden skin whitening creams. The move aims to protect consumers from serious health risks and to ensure fair competition in the cosmetics market. The CCP’s Office of Fair Trade and Market Intelligence Unit found that several Mercury is a toxic chemical that can cause kidney damage, neurological disorders, and skin diseases. Its use in cosmetics is banned in most countries. Despite this, many whitening creams in Pakistan continue to use mercury under misleading labels such as “fairness,” “glow,” and “lightening.”
- [Daira marks first anniversary with renewed commitment to financial inclusion in Pakistan](https://businessplus.com.pk/daira-marks-first-anniversary-with-renewed-commitment-to-financial-inclusion-in-pakistan/) - Mobile-first digital nano-lending platform, Daira, marked its first anniversary of operations in Pakistan with a renewed commitment to advancing financial inclusion and access to finance for the country’s unbanked and underbanked populations. Daira marks first anniversary with renewed commitment to financial inclusion in Pakistan - Daira has achieved remarkable market traction and trust, surpassing one million registered users and disbursing over Rs.1 billion in cumulative loans to more than 200,000 customers. The company has also acquired a Buy Now, Pay Later license in July, enabling it to expand into consumer financing. Mobile-first digital nano-lending platform, Daira, marked its first anniversary of operations in Pakistan with a renewed commitment to advancing financial inclusion and access to finance for the country’s unbanked and underbanked populations. To mark this occasion, the company hosted a media roundtable at its headquarters in the federal capital on Wednesday (October 15) and briefed Daira addresses a long-standing gap in the financial ecosystem by serving individuals and small businesses that lack sufficient credit history or collateral to access traditional banking services.
- [LUMS Welcomes Global AI Pioneer Amir Husain to University Advisory Board](https://businessplus.com.pk/ums-welcomes-global-ai-pioneer-amir-husain-to-university-advisory-board/) - Lahore University of Management Sciences (LUMS) proudly announces the appointment of Amir Husain, a globally recognized leader in artificial intelligence and entrepreneurship, to its University Advisory Board. UMS Welcomes Global AI Pioneer Amir Husain to University Advisory Board - Currently based in Austin, Texas, Mr. Husain has been celebrated worldwide for his pioneering work at the intersection of advanced technology, business innovation, and global impact. Lahore University of Management Sciences (LUMS) proudly announces the appointment of Amir Husain, a globally recognized leader in artificial intelligence and entrepreneurship, to its University Advisory Board. Currently based in Austin, Texas, Mr. Husain has been celebrated worldwide for his pioneering work at the intersection of advanced technology, business innovation, and global impact. Among his Mr. Husain’s appointment comes at a pivotal moment for LUMS as it strengthens its University Advisory Board to reimagine learning and knowledge creation for the Global South.
- [SBP Empowers Small Farmers with New Collateral-Free Loan Program](https://businessplus.com.pk/sbp-empowers-small-farmers-with-new-collateral-free-loan-program/) - The State Bank of Pakistan (SBP) launched a collateral free digital agriculture financing scheme for small and marginalized farmers as well as the farmers of unserved and underserved areas to raise the agricultural output and support rural uplift. SBP Empowers Small Farmers with New Collateral-Free Loan Program - Under the scheme, 75% of the financing will be extended in form of in-kind disbursement to ensure provision of essential inputs like quality seed, fertilizers, pesticides and diesel to the farmers from on boarded Agri-merchants while up to 25% could be disbursed in cash to meet other farming expenses. The State Bank of Pakistan (SBP) launched a collateral free digital agriculture financing scheme for small and marginalized farmers as well as the farmers of unserved and underserved areas to raise the agricultural output and support rural uplift. Prime Minister’s vision of transforming agriculture sector, the Agricultural Credit and Microfinance Department of the central bank The landowners and tenants holding up to 12.5 acres in Punjab and Khyber Pakhtunkhwa, 16 acres in Sindh and 32 acres in Balochistan are eligible to avail the scheme. Financing amount will be up to Rs.100,000 per acre while the maximum limit is set at Rs.1 million for landowners and Rs.500,000 for tenants.
- [Electric Vehicle Sales Skyrocket to 2.1M Globally in September](https://businessplus.com.pk/electric-vehicle-sales-skyrocket-to-2-1m-globally-in-september/) - Global sales of fully electric and plug-in hybrid vehicles surged by 26% in September compared to the same month last year, reaching a record-breaking 2.1 million units. According to market research firm Rho Motion. Electric Vehicle Sales Skyrocket to 2.1M Globally in September - Chinese sales rose to about 1.3 million vehicles. European sales jumped 36 per cent to 427,541 units, while North American sales climbed 66 per cent to about 215,000. Sales in the rest of the world jumped 48 per cent to 153,594 vehicles. Global sales of fully electric and plug-in hybrid vehicles surged by 26% in September compared to the same month last year, reaching a record-breaking 2.1 million units. According to market research firm Rho Motion. China accounted for about two-thirds of global sales with about 1.3 million units, while North America also hit a record as US demand reflected a surge as buyers rushed to claim the expiring US$7,500 EV tax credit, although demand is expected to decline sharply in the fourth quarter “as both consumers and businesses lose access to the federal incentives that have underpinned EV purchases”, Rho Motion said.
- [Oxford University Press Pakistan Hosts School Leaders’ Conference to Empower Learners for Impact](https://businessplus.com.pk/oxford-university-press-pakistan-hosts-school-leaders-conference-to-empower-learners-for-impact/) - Oxford University Press Pakistan (OUPP) hosted the School Leaders’ Conference in Karachi, bringing together educators, policymakers, and academic experts from across the region. As Pakistan’s largest city and its economic and educational hub, Karachi provided the perfect backdrop for meaningful conversations on new ways to improve teaching, learning, and assessment across the country. In his Oxford University Press Pakistan Hosts School Leaders’ Conference to Empower Learners for Impact - Oxford University Press Pakistan (OUPP) hosted the School Leaders’ Conference in Karachi, bringing together educators, policymakers, and academic experts from across the region. Oxford University Press Pakistan (OUPP) hosted the School Leaders’ Conference in Karachi, bringing together educators, policymakers, and academic experts from across the region. As Pakistan’s largest city and its economic and educational hub, Karachi provided the perfect backdrop for meaningful conversations on new ways to improve teaching, learning, and assessment across the country. In his Throughout the day, presentations and panel discussion focused on key issues such as preparing students for a rapidly evolving world, leading change through innovative teaching, developing collaborative leadership in education, and embracing a digital future with OUPP’s blended learning resources.
- [SPOTIFY AND FC BARCELONA PRESS ‘PLAY’ ON ED SHEERAN FOR EL CLÁSICO TAKEOVER](https://businessplus.com.pk/spotify-and-fc-barcelona-press-play-on-ed-sheeran-for-el-clasico-takeover/) - Spotify and FC Barcelona are back with their seventh jersey takeover, and the latest artist to feature will be Ed Sheeran, marking the first time a solo male pop artist has fronted the shirt. SPOTIFY AND FC BARCELONA PRESS ‘PLAY’ ON ED SHEERAN FOR EL CLÁSICO TAKEOVER - FC Barcelona’s identity has long been defined by youth and an expressive style of play, shaped by La Masia’s next generation. Ed’s own love of football anchors the partnership in something real; a shared belief that creativity, community, and play can move people, on the field and off it. Ed Sheeran to become first male solo pop artist to front the FC Barcelona jersey Spotify and FC Barcelona are back with their seventh jersey takeover, and the latest artist to feature will be Ed Sheeran, marking the first time a solo male pop artist has fronted the shirt. During El Clásico on Oct 26, The Play logo from Ed’s new album will feature on the FC Barcelona jersey, which will be worn for the El Clásico match against Real Madrid on Oct 26. FC Barcelona Femení will be wearing the jersey in their Liga F match vs. Granada on Oct 19.
- [Qantas Airlines Confirms Massive Data Breach Affecting Millions](https://businessplus.com.pk/qantas-airlines-confirms-massive-data-breach-affecting-millions/) - Australian airline Qantas has confirmed that personal data belonging to 5.7 million customers was stolen in a major cyberattack earlier this year and has now been leaked online. Qantas Airlines Confirms Massive Data Breach Affecting Millions - Australian airline Qantas has confirmed that personal data belonging to 5.7 million customers was stolen in a major cyberattack earlier this year and has now been leaked online. Qantas Confirms Cyberattack on Customer Contact Centre Amid Data Breach Australian airline Qantas has confirmed that personal data belonging to 5.7 million customers was stolen in a major cyberattack earlier this year and has now been leaked online. Qantas confirmed in July that hackers had targeted one of its customer contact centers, breaching a computer Airline secured access to sensitive information such as customer names, email addresses, phone numbers and birthdays.
- [FPCCI Pushes for Income Tax Deadline Extension Amid Filing Challenges](https://businessplus.com.pk/fpcci-pushes-for-income-tax-deadline-extension-amid-filing-challenges/) - Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh urged Federal Board of Revenue (FBR) to further extend the deadline for filing income tax returns till October 31, 2025. In a letter to FBR Chairman Rashid Mahmood Langrial, he said, FPCCI has highlighted the challenges faced by taxpayers and stakeholders in FPCCI Pushes for Income Tax Deadline Extension Amid Filing Challenges - In a letter to FBR Chairman Rashid Mahmood Langrial, he said, FPCCI has highlighted the challenges faced by taxpayers and stakeholders in meeting the filing deadline. These include delays in obtaining essential financial documents, technical issues with the FBR portal, and difficulties in integrating Enterprise Resource Planning (ERP) systems with FBR’s digital invoicing requirements. Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh urged Federal Board of Revenue (FBR) to further extend the deadline for filing income tax returns till October 31, 2025. In a letter to FBR Chairman Rashid Mahmood Langrial, he said, FPCCI has highlighted the challenges faced by taxpayers and stakeholders in FPCCI has urged the FBR to extend the filing deadline. This extension is expected to provide much-needed relief to taxpayers grappling with these genuine constraints.
- [PTCL announces maintenance on submarine cable](https://businessplus.com.pk/ptcl-announces-maintenance-on-submarine-cable/) - Pakistan Telecommunication Company Limited (PTCL) has announced a planned maintenance activity on one of its submarine cables to repair a faulty repeater. According to a PTCL Group spokesperson, the maintenance work—being carried out by an international cable consortium—will commence on October 14, 2025, around 11 a.m. PST, and may continue for up to 18 hours. PTCL announces maintenance on submarine cable - According to a PTCL Group spokesperson, the maintenance work—being carried out by an international cable consortium—will commence on October 14, 2025, around 11 a.m. PST, and may continue for up to 18 hours. Pakistan Telecommunication Company Limited (PTCL) has announced a planned maintenance activity on one of its submarine cables to repair a faulty repeater. According to a PTCL Group spokesperson, the maintenance work—being carried out by an international cable consortium—will commence on October 14, 2025, around 11 a.m. PST, and may continue for up to 18 hours. During this period, customers may experience temporary degradation in internet services.
- [Spotify names Samar Jafri as RADAR Pakistan Artist for Q4 2025](https://businessplus.com.pk/spotify-names-samar-jafri-as-radar-pakistan-artist-for-q4-2025/) - Spotify has announced Samar Jafri as its RADAR Pakistan artist for the fourth quarter of 2025. Spotify names Samar Jafri as RADAR Pakistan Artist for Q4 2025 - Spotify will bring Jafri’s story to life through a special mini-documentary, exploring his creative evolution, the inspiration behind his music, and the moments that have shaped him into one of Pakistan’s most exciting emerging artists. Spotify has announced Samar Jafri as its RADAR Pakistan artist for the fourth quarter of 2025, celebrating his fast-rising success and the deep connection he has built with young audiences across the country. As part of this global artist development program, Spotify will bring Jafri’s story to life through a special mini-documentary, exploring his creative Pakistan, RADAR continues to play a pivotal role in elevating the next wave of local talent. Through Jafri’s feature, Spotify reinforces its commitment to supporting homegrown artists — connecting their music, stories, and voices to a global audience that is eager to listen.
- [Macroeconomic Stability to Catalyze Inclusive Economic Growth: Governor SBP](https://businessplus.com.pk/macroeconomic-stability-to-catalyze-inclusive-economic-growth-governor-sbp/) - The Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad has said that achieving inclusive economic growth requires durable macroeconomic stability that uplifts communities and secures prosperity for all. He was delivering a keynote address at the ninth Annual Microfinance Conference held in Karachi, today. Hosted by the Pakistan Microfinance Network, the conference focused on the theme “Renaissance of Microfinance,” underlining the renewed commitment to leveraging microfinance for inclusive economic development. Macroeconomic Stability to Catalyze Inclusive Economic Growth: Governor SBP - Governor Ahmad stated that SBP’s monetary policy and regulatory efforts have been complemented by sustained fiscal consolidation by the government, which has helped contain demand-side pressures on inflation and the external account. Resultantly, the country’s debt dynamics have also improved considerably over the past three years. He said that economic growth is on the path to recovery and expected to accelerate further in the current fiscal year, notwithstanding the temporary expected losses from the recent floods – mainly to agriculture sector. The Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad has said that achieving inclusive economic growth requires durable macroeconomic stability that uplifts communities and secures prosperity for all. He was delivering a keynote address at the ninth Annual Microfinance Conference held in Karachi. Hosted by the Pakistan Microfinance Network, the conference focused on the Governor highlighted that the financial inclusion rose from 47 percent in 2018 to 67 percent in June 2025 while the gender gap in financial access narrowed from 47 percent to 30 percent over the same period. He credited this to transformative digital initiatives such as Raast, Asaan Mobile Account, Roshan Digital Account, and the launch of Digital Banks, alongside the Banking on Equality Policy, which promotes women’s financial inclusion. Going forward, the Governor reiterated the headline targets of NFIS 2028, to expand financial inclusion in Pakistan to 75 percent and reduce the gender gap to 25 percent by 2028.
- [ConnectHear & Ufone 4G Launch World’s First AI-Based Early Warning System for the Deaf Community](https://businessplus.com.pk/connecthear-ufone-4g-launch-worlds-first-ai-based-early-warning-system-for-the-deaf-community/) - ConnectHear, Pakistan’s leading social enterprise working for disability inclusion in the country using technology, in collaboration with Ufone 4G (part of the PTCL Group) today unveiled first of its kind AI-powered Early Warning System ‘SUNO’ designed to deliver life-saving alerts in sign language for the Deaf and hard-of-hearing community. ConnectHear & Ufone 4G Launch World’s First AI-Based Early Warning System for the Deaf Community - ConnectHear, Pakistan’s leading social enterprise working for disability inclusion in the country using technology, in collaboration with Ufone 4G (part of the PTCL Group) today unveiled first of its kind AI-powered Early Warning System ‘SUNO’ designed to deliver life-saving alerts in sign language for the Deaf and hard-of-hearing community. ConnectHear, Pakistan’s leading social enterprise working for disability inclusion in the country using technology, in collaboration with Ufone 4G (part of the PTCL Group) today unveiled first of its kind AI-powered Early Warning System ‘SUNO’ designed to deliver life-saving alerts in sign language for the Deaf and hard-of-hearing community. SUNO, supported and funded by GSMA Through the system, sign language video alerts are instantly broadcast via Ufone’s WhatsApp bot, reaching at-risk individuals across Pakistan free of cost. ConnectHear creates the sign language content using state-of-the-art AI-powered technology, while Ufone provides the robust nationwide distribution infrastructure.
- [Mobilink Bank Bags Four Awards at AMC-9 for Digital Innovation and Financial Inclusion](https://businessplus.com.pk/mobilink-bank-bags-four-awards-at-amc-9-for-digital-innovation-and-financial-inclusion/) - Pakistan’s leading digital microfinance bank, Mobilink Bank, has been honored with four distinguished awards at the 9th Annual Microfinance Conference (AMC-9), reinforcing its commitment to innovation, financial inclusion, and women’s empowerment. Mobilink Bank Bags Four Awards at AMC-9 for Digital Innovation and Financial Inclusion - At AMC-9, themed “Renaissance of Microfinance”, Mobilink Bank was recognized as the Top Microfinance Bank for Active Borrowers (Nano-loans), the Top Microfinance Bank in terms of M-Wallets, powered by JazzCash, and the Top Microfinance Bank for Innovation, while also being conferred with the Leading Microfinance Bank in terms of Women Borrowers. All these accolades highlight the Bank’s leadership in expanding microcredit outreach, driving digital adoption, advancing gender equity, and pioneering sector-wide transformation, through inclusive, digitally powered nano-loans. Pakistan’s leading digital microfinance bank, Mobilink Bank, has been honored with four distinguished awards at the 9th Annual Microfinance Conference (AMC-9), reinforcing its commitment to innovation, financial inclusion, and women’s empowerment. At AMC-9, themed “Renaissance of Microfinance”, Mobilink Bank was recognized as the Top Microfinance Bank for Active Borrowers (Nano-loans), the Top Microfinance Bank in Commenting on this milestone, Haaris Mahmood Chaudhary, President & CEO of Mobilink Bank, said: “Winning four awards at AMC-9 is a proud moment for Mobilink Bank - a testament to our commitment to innovation, financial inclusion, and women’s empowerment. Every day, we disburse over 150,000 nano-loans through JazzCash, that bring dignity, ease, and opportunity to underserved communities, strengthening Pakistan’s socio-economic landscape.
- [Pakistan Highlights Value-Added Textile Exports at ATS Canada 2025](https://businessplus.com.pk/pakistan-highlights-value-added-textile-exports-at-ats-canada-2025/) - Pakistani textile and apparel manufacturers showcased a diverse range of high-quality products at the Apparel Textile Sourcing (ATS) Show 2025, held at Mississauga, Canada. Pakistan Highlights Value-Added Textile Exports at ATS Canada 2025 - Pakistani exhibitors presented an array of sportswear, technical textiles, and protective apparel, reflecting the country’s growing expertise in value-added, high-performance, and sustainable textile products. Pakistani textile and apparel manufacturers showcased a diverse range of high-quality products at the Apparel Textile Sourcing (ATS) Show 2025, held at Mississauga, Canada. The Apparel Textile Sourcing Show is one of Canada’s premier international trade exhibitions for the apparel and textile industry, drawing participants from across North America, Asia, and beyond. The 2025 edition During three-day long exhibition, participants reported an encouraging engagement with buyers and industry stakeholders, noting a stronger response as compared to previous years.
- [CCP Imposes Rs.1.5 Billion Fine on Steel Firms for Price-Fixing](https://businessplus.com.pk/ccp-imposes-rs-1-5-billion-fine-on-steel-firms-for-price-fixing/) - The Commission’s detailed order notes that ASML and ISL coordinated pricing strategies, fixed flat steel prices, and exchanged commercially sensitive information, thereby distorting competition and harming consumers. The CCP inquiry report suggested that the steel cartel increased prices by an average of 111%, with raw steel prices surging by Rs146,000 per tonne over three years. CCP Imposes Rs.1.5 Billion Fine on Steel Firms for Price-Fixing - The CCP’s Bench, comprising Chairman Dr. Kabir Ahmed Sidhu and Member Ms. Bushra Naz, passed the final order, imposing a penalty of Rs.648,304,180/- (Rupees Six Hundred Forty-Eight Million Three Hundred Four Thousand One Hundred Eighty only) on Aisha Steel Mills Limited and PKR 914,236,980/- (Rupees Nine Hundred Fourteen Million Two Hundred Thirty-Six Thousand Nine Hundred Eighty only) on International Steels Limited The Commission’s detailed order notes that ASML and ISL coordinated pricing strategies, fixed flat steel prices, and exchanged commercially sensitive information, thereby distorting competition and harming consumers. The CCP inquiry report suggested that the steel cartel increased prices by an average of 111%, with raw steel prices surging by Rs146,000 per tonne over three years. The Commission’s detailed order notes that ASML and ISL coordinated pricing strategies, fixed flat steel prices, and exchanged commercially sensitive information, thereby distorting competition and harming consumers. The CCP inquiry report suggested that the steel cartel increased prices by an average of 111%, with raw steel prices surging by Rs.146,000 per tonne over three years.
- [Cappadocia’s Ortahisar Among World’s Most Beautiful Villages 2025](https://businessplus.com.pk/cappadocias-ortahisar-among-worlds-most-beautiful-villages-2025/) - Cappadocia, one of the world’s most extraordinary natural wonders, has received another global recognition with Ortahisar earning a place on Forbes’ 2025 list of The World’s 50 Most Beautiful Villages. Known for its iconic fairy chimneys and hot-air balloon rides, Cappadocia continues to enchant travelers, and Ortahisar, a historic village just six kilometers from Ürgüp, Cappadocia’s Ortahisar Among World’s Most Beautiful Villages 2025 - Known for its iconic fairy chimneys and hot-air balloon rides, Cappadocia continues to enchant travelers, and Ortahisar, a historic village just six kilometers from Ürgüp. Cappadocia, one of the world’s most extraordinary natural wonders, has received another global recognition with Ortahisar earning a place on Forbes’ 2025 list of The World’s 50 Most Beautiful Villages. Known for its iconic fairy chimneys and hot-air balloon rides, Cappadocia continues to enchant travelers, and Ortahisar, a historic village just six kilometers from Ürgüp, The area is home to centuries-old churches and monasteries such as Sarıca, Cambazlı, Tavşanlı, and Hallaç Deresi, reflecting Cappadocia’s deep religious and cultural heritage.
- [Spotify Now in ChatGPT, Turning Your Prompts into Personalized Picks](https://businessplus.com.pk/spotify-now-in-chatgpt-turning-your-prompts-into-personalized-picks/) - Spotify is now part of the ChatGPT experience, bringing personalized music recommendations straight into your chats. This fresh integration is now live in English across 145 countries on ChatGPT Free, Plus, and Pro accounts, on both web and mobile (iOS and Android), allowing Free and Premium Spotify users to discover and enjoy music effortlessly through conversation. Spotify Now in ChatGPT, Turning Your Prompts into Personalized Picks - Spotify is now part of the ChatGPT experience, bringing personalized music recommendations straight into your chats. This fresh integration is now live in English across 145 countries on ChatGPT Free, Plus, and Pro accounts, on both web and mobile (iOS and Android), allowing Free and Premium Spotify users to discover and enjoy music effortlessly through conversation. Spotify is now part of the ChatGPT experience, bringing personalized music recommendations straight into your chats. This fresh integration is now live in English across 145 countries on ChatGPT Free, Plus, and Pro accounts, on both web and mobile (iOS and Android), allowing Free and Premium Spotify users to discover and enjoy music effortlessly through Every chat can unlock fresh discoveries, whether it’s asking for emerging local artists from your heavy rotation, crafting a late-night playlist, or finding a song that matches your mood.
- [ABHI Selected for Mastercard’s Start Path Small Business Program](https://businessplus.com.pk/abhi-selected-for-mastercards-start-path-small-business-program/) - ABHI, a neobank of the future that is revolutionizing access to earned wages and SME financing in emerging markets, has been selected as one of the eight startups worldwide to join Mastercard Start Path’s Small Business program. ABHI Selected for Mastercard’s Start Path Small Business Program - This highly competitive program supports startups to scale solutions that drive simple, smart and secure digital experiences for small businesses globally. ABHI, a neobank of the future that is revolutionizing access to earned wages and SME financing in emerging markets, has been selected as one of the eight startups worldwide to join Mastercard Start Path’s Small Business program. This highly competitive program supports startups to scale solutions that drive simple, smart and secure digital experiences for ABHI will have the opportunity to collaborate with Mastercard’s product and innovation teams, receive mentorship, and gain access to Mastercard’s extensive network of partners to accelerate the impact of its solutions for businesses and employees across emerging markets.
- [Avanza Solutions proudly announces its official partnership with Sales force, the world’s #1 CRM platform](https://businessplus.com.pk/avanza-solutions-proudly-announces-its-official-partnership-with-sales-force-the-worlds-1-crm-platform/) - The official partner launch event took place at Avanza Solutions’ Head Office and was attended by senior executives from both organizations. The event celebrated a shared commitment to delivering future-ready, customer-first solutions and set the stage for joint go-to-market initiatives. Avanza Solutions, a leading technology provider with more than two decades of expertise in delivering customer-first digital solutions across financial services, telecom, government, and enterprise sectors, proudly announced its official partnership with Salesforce, the world’s #1 CRM platform. Avanza Solutions proudly announces its official partnership with Sales force, the world’s #1 CRM platform - The partnership combines Avanza’s proven strength in CRM solutions with Salesforce’s global capabilities, enabling organizations to build stronger customer connections, adopt smarter solutions, and lead with next-gen innovation. The official partner launch event took place at Avanza Solutions’ Head Office and was attended by senior executives from both organizations. The event celebrated a shared commitment to delivering future-ready, customer-first solutions and set the stage for joint go-to-market initiatives. Avanza Solutions, a leading technology provider with more than two decades of expertise in delivering Integration services connect Sales force seamlessly with ERP, marketing, and enterprise tools to streamline workflows. Custom apps and workflows extend Salesforce capabilities for tailored business solutions. Admin support and performance monitoring keep Salesforce efficient and secure, while training and adoption programs empower teams to maximize productivity and platform ROI.
- [October 15 Is the New Deadline for Income Tax Filing](https://businessplus.com.pk/october-15-is-the-new-deadline-for-income-tax-filing/) - BR has extended the deadline for filing of Income Tax Returns for Tax Year 2025 till October 15, 2025. October 15 Is the New Deadline for Income Tax Filing - This decision has been made under Section 214A of the Income Tax Ordinance, 2001. The extension in the deadline has been granted in response to requests made by various trade bodies, tax bar associations, and the general public. FBR has extended the deadline for filing of Income Tax Returns for Tax Year 2025 till October 15, 2025. This decision has been made under Section 214A of the Income Tax Ordinance, 2001. The extension in the deadline has been granted in response to requests made by various trade bodies, tax bar associations, and the
- [Mobilink Bank, TPL Life collaborate to provide critical healthcare at flood affected areas](https://businessplus.com.pk/mobilink-bank-tpl-life-collaborate-to-provide-critical-healthcare-at-flood-affected-areas/) - Mobilink Bank, has collaborated with TPL Life, a digital insurance provider, to extend much-needed healthcare support to flood-affected communities across Punjab. Mobilink Bank, TPL Life collaborate to provide critical healthcare at flood affected areas - The partnering institutions set up medical camps across Pakpattan, Sialkot, and Minchinabad (Bahawalnagar) to deliver essential healthcare to people who had lost access to medical facilities - either destroyed or rendered inaccessible by the recent floods. Mobilink Bank, has collaborated with TPL Life, a digital insurance provider, to extend much-needed healthcare support to flood-affected communities across Punjab. The partnering institutions set up medical camps across Pakpattan, Sialkot, and Minchinabad (Bahawalnagar) to deliver essential healthcare to people who had lost access to medical facilities - either destroyed or rendered inaccessible by the The day long camps offered comprehensive medical services completely free of charge, including medical check-ups, consultations, distribution of medicines and tetanus vaccinations.
- [Aik by Bank Islami and PTCL Strengthen Pakistan’s Digital Banking Ecosystem with Cloud-Based Solutions](https://businessplus.com.pk/aik-by-bank-islami-and-ptcl-strengthen-pakistans-digital-banking-ecosystem-with-cloud-based-solutions/) - Aik, Pakistan’s first Islamic digital banking platform, has entered into a strategic partnership with Pakistan Telecommunication Company Limited (PTCL) to bolster its infrastructure with secure and reliable services using PTCL Smart Cloud. Aik by Bank Islami and PTCL Strengthen Pakistan’s Digital Banking Ecosystem with Cloud-Based Solutions - PTCL will deliver secure and reliable cloud infrastructure, ensuring business continuity and resilience for Aik, enhancing its digital capabilities. As part of BankIslami's digital-first initiative, Aik aims to provide end-to-end financial services that are convenient and seamless. Aik, Pakistan’s first Islamic digital banking platform, has entered into a strategic partnership with Pakistan Telecommunication Company Limited (PTCL) to bolster its infrastructure with secure and reliable services using PTCL Smart Cloud. Through this collaboration, PTCL will deliver secure and reliable cloud infrastructure, ensuring business continuity and resilience for Aik, enhancing its digital capabilities. As
- [‘Heritage at LUMS’ Initiative to Reclaim and Reimagine Pakistan’s Cultural Memory](https://businessplus.com.pk/heritage-at-lums-initiative-to-reclaim-and-reimagine-pakistans-cultural-memory/) - To imagine South Asia’s future, we must connect to its past: this sentiment framed the launch of ‘Heritage at LUMS’, an initiative dedicated to preserving, digitizing and reimagining Pakistan’s cultural memory for future generations. To celebrate the launch, LUMS welcomed faculty, students and the wider community at the university on September 26. ‘Heritage at LUMS’ Initiative to Reclaim and Reimagine Pakistan’s Cultural Memory- To imagine South Asia’s future, we must connect to its past: this sentiment framed the launch of ‘Heritage at LUMS’, an initiative dedicated to preserving, digitising and reimagining Pakistan’s cultural memory for future generations. To celebrate the launch, LUMS welcomed faculty, students and the wider community at the university on September 26. To imagine South Asia’s future, we must connect to its past: this sentiment framed the launch of ‘Heritage at LUMS’, an initiative dedicated to preserving, digitizing and reimagining Pakistan’s cultural memory for future generations. To celebrate the launch, LUMS welcomed faculty, students and the wider community at the university on September 26. “Pakistan is the “Pakistan is the inheritor of an extraordinarily rich and unparalleled heritage,” said Dr. Ali Raza, Chair of the Humanities and Social Sciences department at LUMS. “And yet, we are at the risk of losing these treasures.”
- [Tax Return Deadline Enforcement Strict – No Extra Time This Year](https://businessplus.com.pk/tax-return-deadline-enforcement-strict-no-extra-time-this-year/) - FBR has taken notice of unverified reports circulating on various media platforms claiming that the deadline for filing Income Tax Returns for Tax Year 2025 will be extended. Some elements have also attempted to link this perceived extension to the recent floods. Tax Return Deadline Enforcement Strict – No Extra Time This Year - FBR has taken notice of unverified reports circulating on various media platforms claiming that the deadline for filing Income Tax Returns for Tax Year 2025 will be extended. Some elements have also attempted to link this perceived extension to the recent floods. FBR has taken notice of unverified reports circulating on various media platforms claiming that the deadline for filing Income Tax Returns for Tax Year 2025 will be extended. Some elements have also attempted to link this perceived extension to the recent floods. FBR categorically clarifies that these reports are false, baseless, and misleading as the FBR categorically clarifies that these reports are false, baseless, and misleading as the deadline for filing Income Tax Returns for Tax Year 2025 will not be extended.
- [Bank Alfalah and NCCPL Sign MoU to Strengthen Commercial Banks’ Role in Pakistan’s Capital Markets](https://businessplus.com.pk/bank-alfalah-and-nccpl-sign-mou-to-strengthen-commercial-banks-role-in-pakistans-capital-markets/) - Bank Alfalah Limited, one of Pakistan’s leading commercial banks, and the National Clearing Company of Pakistan Limited (NCCPL) have signed a Memorandum of Understanding (MoU) to explore opportunities that will enhance commercial banks’ participation in Pakistan’s capital markets, increase liquidity, and help in broadening the investor base. Under the MoU, BAFL will evaluate multiple avenues, Bank Alfalah and NCCPL Sign MoU to Strengthen Commercial Banks’ Role in Pakistan’s Capital Markets - Bank Alfalah Limited, one of Pakistan’s leading commercial banks, and the National Clearing Company of Pakistan Limited (NCCPL) have signed a Memorandum of Understanding (MoU) to explore opportunities that will enhance commercial banks’ participation in Pakistan’s capital markets, increase liquidity, and help in broadening the investor base. Bank Alfalah Limited, one of Pakistan’s leading commercial banks, and the National Clearing Company of Pakistan Limited (NCCPL) have signed a Memorandum of Understanding (MoU) to explore opportunities that will enhance commercial banks’ participation in Pakistan’s capital markets, increase liquidity, and help in broadening the investor base. Under the MoU, BAFL will evaluate multiple avenues, Under the MoU, BAFL will evaluate multiple avenues, including serving as a financier for Margin Trading System, becoming a custodian clearing member, exploring professional clearing membership, utilizing NCCPL’s capital gains tax system, and collaborating on Shariah-compliant financial solutions. The partnership also opens opportunities to further facilitate non-resident Pakistanis through Roshan Digital Accounts (RDAs) by connecting them to Pakistan’s capital markets.
- [Bank Alfalah Launches a Complete End-to-End Digital Acquisition Website](https://businessplus.com.pk/bank-alfalah-launches-a-complete-end-to-end-digital-acquisition-website/) - ● End-to-end digital journeys from product discovery to digital onboarding on Conventional and Islamic banking.● One hub, all solutions: Accounts, cards, loans, Roshan Digital Account (RDA), wealth, Small Medium Enterprise (SME), and agriculture financing solutions, seamlessly connected online.● Digital-First Banking Milestone: A faster, mobile-friendly site with intuitive design and seamless Alfa App integration. Bank Alfalah, Bank Alfalah Launches a Complete End-to-End Digital Acquisition Website - Bank Alfalah, one of Pakistan’s leading commercial banks, has unveiled its redesigned website. It is now an end-to-end digital acquisition platform built to simplify the customer journey from product discovery to onboarding. ● End-to-end digital journeys from product discovery to digital onboarding on Conventional and Islamic banking.● One hub, all solutions: Accounts, cards, loans, Roshan Digital Account (RDA), wealth, Small Medium Enterprise (SME), and agriculture financing solutions, seamlessly connected online.● Digital-First Banking Milestone: A faster, mobile-friendly site with intuitive design and seamless Alfa App integration. Bank Alfalah, The website reduces decision-making time with structured comparisons and eligibility cues, gives users greater control through self-serve tools and application tracking, and serves as a single hub for all of the Bank’s digital and physical offerings.
- [Emirates receives all-women delegation of ICC match officials ahead of ICC Women’s Cricket World Cup 2025](https://businessplus.com.pk/emirates-receives-all-women-delegation-of-icc-match-officials-ahead-of-icc-womens-cricket-world-cup-2025/) - Emirates, the world’s largest international airline, received at its Dubai headquarters the all-female Emirates ICC panel of match officials, ahead of their journey to India and Sri Lanka to mark the start of the ICC Women’s Cricket World Cup 2025. Emirates receives all-women delegation of ICC match officials ahead of ICC Women’s Cricket World Cup 2025 - The ICC Women’s Cricket World Cup, now in its 13th edition and taking place from 30 September till 2 November. Emirates, the world’s largest international airline, received at its Dubai headquarters the all-female Emirates ICC panel of match officials, ahead of their journey to India and Sri Lanka to mark the start of the ICC Women’s Cricket World Cup 2025. The panel of 14 umpires and four match referees, representing 10 nationalities, paid homage to The panel of 14 umpires and four match referees, representing 10 nationalities, paid homage to Emirates, the Global partner of the International Cricket Council (ICC).
- [Pakistan’s freelancers could generate $1 billion in earnings annually: Experts](https://businessplus.com.pk/pakistans-freelancers-could-generate-1-billion-in-earnings-annually-experts/) - Stakeholders foresee that Pakistan’s freelancing community could enhance its annual earnings beyond $1 billion with the increasing training opportunities, continued institutional support, and digital ecosystem development. Pakistan’s freelancers could generate $1 billion in earnings annually: Experts - At the “AI Beyond Border Summit 2025” held at the 26th ITCN Asia powered by Innovista, Karachi on Thursday, they highlighted that the freelancers’ community is well-positioned to unlock new opportunities, attract global clients, and cement its place as a cornerstone of Pakistan’s digital economy due to coordinated efforts from industry, government, and financial institutions. Stakeholders foresee that Pakistan’s freelancing community could enhance its annual earnings beyond $1 billion with the increasing training opportunities, continued institutional support, and digital ecosystem development. At the “AI Beyond Border Summit 2025” held at the 26th ITCN Asia powered by Innovista, Karachi on Thursday, they highlighted that the freelancers’ community is well-positioned to unlock Pakistan’s freelancing community is on the verge of a major milestone, with earnings expected to exceed $1 billion annually, and the number of freelancers increasing from 2.3 million to beyond in the coming months.
- [PTCL Group & Mercantile Offer iPhone 17 with Extended Warranty, Insurance, Connectivity Benefits and Exclusive Perks](https://businessplus.com.pk/ptcl-group-mercantile-offer-iphone-17-with-extended-warranty-insurance-connectivity-benefits-and-exclusive-perks/) - PTCL Group (Pakistan Telecommunication Company Limited & Ufone 4G), Pakistan’s largest integrated ICT and telecom services provider, in collaboration with Mercantile, Apple’s authorized distributor in Pakistan, is offering the highly anticipated iPhone 17 nationwide. PTCL Group & Mercantile Offer iPhone 17 with Extended Warranty, Insurance, Connectivity Benefits and Exclusive Perks - Every iPhone 17 purchased through this collaboration comes with an industry-leading two-year warranty, comprising one year from Apple and an additional year from Mercantile. PTCL Group (Pakistan Telecommunication Company Limited & Ufone 4G), Pakistan’s largest integrated ICT and telecom services provider, in collaboration with Mercantile, Apple’s authorized distributor in Pakistan, is offering the highly anticipated iPhone 17 nationwide. The rollout brings customers an unparalleled blend of the most famous gadget with cutting-edge technology and unmatched value. Every iPhone 17 New and existing Ufone 4G subscribers will receive a free eSIM plus a premium connectivity bundle featuring with over 1 TB mobile data for six months, along with 1,000 off-net and 10,000 on-net minutes monthly for six months.
- [Jubilee Life and UBL jointly launch Jubilee Traditional Endowment Products](https://businessplus.com.pk/jubilee-life-and-ubl-jointly-launch-jubilee-traditional-endowment-products/) - Jubilee Life Insurance Company Limited (JLI), Pakistan’s largest private sector insurer, and United Bank Limited (UBL), one of the country’s largest financial institutions, have entered into a strategic partnership to launch innovative insurance solutions aimed at delivering greater financial security and long-term value to customers. Jubilee Life and UBL jointly launch Jubilee Traditional Endowment Products - The new product offering is first of its kind to provide customers with early break-even, guaranteed benefits at maturity, a fixed surrender benefit, reversionary bonus in addition to sum assured in case of death, option to avail policy and automatic premium loans. Jubilee Life Insurance Company Limited (JLI), Pakistan’s largest private sector insurer, and United Bank Limited (UBL), one of the country’s largest financial institutions, have entered into a strategic partnership to launch innovative insurance solutions aimed at delivering greater financial security and long-term value to customers. The new product offering is first of its kind to Javed Ahmed MD & CEO Jubilee Life Insurance said, “This partnership highlights our continued commitment to innovation in financial protection. With UBL as a strong partner, we aim to provide customers with products that safeguard their future while offering long-term financial growth.
- [A Karachi Podcaster Finds His Voice at Home with Temu](https://businessplus.com.pk/a-karachi-podcaster-finds-his-voice-at-home-with-temu/) - Qasim began to question whether it was worth the effort. Instead of spending hours commuting and paying steep rental fees, Qasim realized he could record his solo episodes from home with his own setup, while still using professional studios when he hosted interview-style sessions. After comparing both online and offline options, he found that Temu, the global e-commerce platform, offered everything he needed in one place. A Karachi Podcaster Finds His Voice at Home with Temu - Ali Qasim, 37, is an entrepreneur who runs a marketing agency in Karachi. But beyond his day-to-day work, he is also a passionate podcaster. With Temu’s all-in-one marketplace, a Karachi podcaster turned his passion project into a growing platform for thousands of listeners Ali Qasim, 37, is an entrepreneur who runs a marketing agency in Karachi. But beyond his day-to-day work, he is also a passionate podcaster, sharing his thoughts and conversations as a side project. His channel has Qasim began to question whether it was worth the effort. Instead of spending hours commuting and paying steep rental fees, Qasim realized he could record his solo episodes from home with his own setup, while still using professional studios when he hosted interview-style sessions. After comparing both online and offline options, he found that Temu, the global e-commerce platform, offered everything he needed in one place.
- [Pakistan’s Mining Sector Can Grow From $2 Billion to $8 Billion by 2030: Shamsuddin Shaikh](https://businessplus.com.pk/pakistans-mining-sector-can-grow-from-2-billion-to-8-billion-by-2030-shamsuddin-shaikh/) - Pakistan’s mining sector is on the cusp of transformation, with annual revenues projected to grow from the current $2 billion to $6–8 billion by 2030, if the country seizes the opportunity to tap its vast reserves. Pakistan’s Mining Sector Can Grow From $2 Billion to $8 Billion by 2030: Shamsuddin Shaikh - Pakistan’s mining sector contributes barely 0.15 percent of global mineral output and just 2–3 percent of national GDP, yet we sit on one of the world’s richest mineral belts. Pakistan’s mining sector is on the cusp of transformation, with annual revenues projected to grow from the current $2 billion to $6–8 billion by 2030, if the country seizes the opportunity to tap its vast reserves. This was the central message delivered by Shamsuddin A. Shaikh, CEO of National Resources Limited (NRL), in his keynote The Natural Resources & Energy Summit 2025, themed “Powering Progress: Risk, Resilience, and Innovation in Energy and Emerging Resource Sectors,” brought together policymakers, investors, CEOs, insurers, and international experts.
- [How to Make the Most of Spotify’s Free Experience](https://businessplus.com.pk/how-to-make-the-most-of-spotifys-free-experience/) - With more Pakistanis than ever streaming for their daily dose of music, Spotify’s Free experience remains a simple and fun way to listen, connect and share music for free. How to Make the Most of Spotify’s Free Experience - Spotify makes it as easy as possible to enjoy music, while helping you discover new music or listen to an artist you love. From hitting play on the Spotify app, you can pick and play any song you want, or type in your favorite track and start listening instantly, and share your favorite tracks with friends. With more Pakistanis than ever streaming for their daily dose of music, Spotify’s Free experience remains a simple and fun way to listen, connect and share music for free. From searching and playing any track or jumping right into something your friend just shared, the Spotify Free experience gives listeners across Pakistan the freedom to With the Free experience, you can also dive into playlists that make discovering music effortless. Whether it’s personalized playlists like Discover Weekly, fresh releases in Release Radar, or even creating your own playlists with personalized playlist covers, Spotify helps you find and enjoy the songs and artists you love.
- [Pakistan Seeks Global Crypto Partners: VASP Licensing Now Open](https://businessplus.com.pk/pakistan-seeks-global-crypto-partners-vasp-licensing-now-open/) - The Pakistan Virtual Asset Regulatory Authority (PVARA), established under the landmark Virtual Assets Ordinance, 2025 (Ordinance No. VII of 2025), has issued a global call for Expressions of Interest (EoIs) from established Virtual Asset Service Providers (VASPs) and digital asset exchanges seeking to enter Pakistan’s growing virtual economy. Pakistan Seeks Global Crypto Partners: VASP Licensing Now Open - Pakistan’s virtual assets market, with over 40 million users and an estimated annual trading volume exceeding $300 billion, represents one of the world’s most dynamic frontier opportunities. The Pakistan Virtual Asset Regulatory Authority (PVARA), established under the landmark Virtual Assets Ordinance, 2025 (Ordinance No. VII of 2025), has issued a global call for Expressions of Interest (EoIs) from established Virtual Asset Service Providers (VASPs) and digital asset exchanges seeking to enter Pakistan’s growing virtual economy. The initiative, announced Saturday, marks a pivotal
- [G²LM|LIC/Path2Dev/BREAD Academic and Policy Conference on Development Economics](https://businessplus.com.pk/g²lmlic-path2dev-bread-academic-and-policy-conference-on-development-economics/) - Leading economists, policy-makers, and development practitioners from around the world convened at LUMS this week for the three-day G²LM|LIC/Path2Dev/BREAD Academic & Policy Conference on Development Economics, which highlighted cutting-edge research on the world’s most pressing development issues, with a focus on South Asia. G²LM|LIC/Path2Dev/BREAD Academic and Policy Conference on Development Economics - Climate and energy challenges were the main discussion points, with studies showing that high temperatures and prepaid electricity meters can reduce access for the poor. Employment and human capital discussions emphasized that better information sharing boosts female participation, while education and health remain transformative for inclusive societies. Flexible public sector incentives were flagged as key to improving service delivery outcomes. Research discussed the determinants of citizen support for progressive tax reform and the impact of frontier rule on sovereignty-contesting violence. Leading economists, policy-makers, and development practitioners from around the world convened at LUMS this week for the three-day G²LM|LIC/Path2Dev/BREAD Academic & Policy Conference on Development Economics, which highlighted cutting-edge research on the world’s most pressing development issues, with a focus on South Asia. Climate and energy challenges were the main discussion points, with studies showing The conference concluded with a shared commitment to evidence-based reforms in taxation, public service delivery, gender inclusion, and climate resilience, to ensure growth that is inclusive, sustainable, and responsive to those left behind.
- [Milad-un-Nabi Celebration Held at Karachi Press Club in Collaboration with Anosh Ahmed](https://businessplus.com.pk/milad-un-nabi-celebration-held-at-karachi-press-club-in-collaboration-with-anosh-ahmed/) - On the auspicious occasion of the 1,500th Eid Milad ul Nabi (Peace Be Upon Him), a grand Mehfil (gathering) of Milad-un-Nab was organized at the Karachi Press Club with the support of renowned social and philanthropic personality, Anosh Ahmed. Milad-un-Nabi Celebration Held at Karachi Press Club in Collaboration with Anosh Ahmed - Pakistan’s distinguished naat khwan, Al-Haaj Siddique Ismail, graced the ceremony with his special presence. On the auspicious occasion of the 1,500th Eid Milad ul Nabi (Peace Be Upon Him), a grand Mehfil (gathering) of Milad-un-Nab was organized at the Karachi Press Club with the support of renowned social and philanthropic personality, Anosh Ahmed. Pakistan’s distinguished naat khwan, Al-Haaj Siddique Ismail, graced the ceremony with his special presence. The event The event witnessed an impressive turnout, with former KPC Secretary Maqsood Yousufi, senior journalists Aamir Latif, KUJ President Nasrullah Chaudhry, Shamir Ahmed, PAPP President Muhammad Jameel, Moinullah Khan, Ahmad Hassan, Muzaffar Ejaz, Kamran Kashari, and many other media professionals and their families in attendance.
- [Car sales soar 40% and production jumps 101% in first two months of FY 2025-26](https://businessplus.com.pk/car-sales-soar-40-and-production-jumps-101-in-first-two-months-of-fy-2025-26/) - Among cars, Toyota Corolla and Toyota Yaris cars sale also grew by 86.11 percent from 2,671 units to 4,971 units while the sale of Honda cars witnessed a nominal decline of 1.12 percent from 1,863 units during last year to 1,842 units during current year. Car sales soar 40% and production jumps 101% in first two months of FY 2025-26 - Suzuki Swift sales went up from 1,061 units to 1,995 units, showing an increase of 88.03 percent whereas the sale of Hyundai Elantra increased to 286 units from 103 units. The sale and production of cars in the country witnessed an increase of 40.06 and 100.93 percent respectively during the first two months of the current financial year 2025-26. During the July-August 2025-26, as many as 17,192 cars were sold against the sale of 12,274 units while the production of cars increased from 11,171 units The production of Honda cars went up by 17.61 percent from 1,817 units to 2,137 units during the months under review whereas the production of Toyota Corolla and Toyota Yaris cars also increased by 56.66 percent from 3,254 units to 5,098 units, the PAMA revealed.
- [InnoVista Unveils Pakistan’s First Agentic AI Hackathon with Google, PAFLA & Systems Ltd](https://businessplus.com.pk/innovista-unveils-pakistans-first-agentic-ai-hackathon-with-google-pafla-systems-ltd/) - InnoVista (Pvt.) Ltd., Pakistan’s premier innovation ecosystem enabler, and Pakistan Freelancers Association (PAFLA) announced the launch of the National Agentic AI Hackathon 2025, a pioneering initiative to harness the transformative power of Artificial Intelligence in solving Pakistan’s most pressing challenges. InnoVista, Launch Pakistan’s First National Agentic AI Hackathon With PAFLA, Google, and Systems Ltd - Systems Limited joins as the Knowledge Partner, bringing unmatched technical depth and mentorship to guide participants, while the Pakistan Freelancers Association (PAFLA) serves as the National Enabler & Outreach Partner, ensuring inclusivity and diverse representation across the country. InnoVista (Pvt.) Ltd., Pakistan’s premier innovation ecosystem enabler, and Pakistan Freelancers Association (PAFLA) announced the launch of the National Agentic AI Hackathon 2025, a pioneering initiative to harness the transformative power of Artificial Intelligence in solving Pakistan’s most pressing challenges. As the Hackathon's Exclusive Technology Partner, Google will provide the expertise and resources needed to The National Agentic AI Hackathon will unfold across six major cities – Islamabad, Lahore, Karachi, Peshawar, Gilgit-Baltistan, and Bahawalpur – engaging over 1,000 participants, with a strong focus on inclusivity and female participation. Shortlisted teams will receive mentorship from industry experts before competing in regional rounds, culminating in a Grand National Finale in Islamabad.
- [Al-Ghazi Tractors Limited Champions Mechanization at the Pakistan Agro Show 2025](https://businessplus.com.pk/al-ghazi-tractors-limited-champions-mechanization-at-the-pakistan-agro-show-2025/) - Al-Ghazi Tractors Limited (AGTL) marked its role as Platinum Sponsor of the 2nd Pakistan Agro Show 2025, underscoring its commitment to championing mechanization and supporting platforms that strengthen Pakistan’s agriculture agenda. Al-Ghazi Tractors Limited Champions Mechanization at the Pakistan Agro Show 2025 - The exhibition took place from September 8 to 10 at the International Expo Center, Lahore. Al-Ghazi Tractors Limited (AGTL) marked its role as Platinum Sponsor of the 2nd Pakistan Agro Show 2025, underscoring its commitment to championing mechanization and supporting platforms that strengthen Pakistan’s agriculture agenda. The exhibition took place from September 8 to 10 at the International Expo Center, Lahore. The Pakistan Agro Show has quickly become one of Speaking about Al-Ghazi’s commitment to mechanization, Sakib Eltaff, CEO of Al-Ghazi Tractors Limited, said, “Being the Platinum Sponsor isn’t just about visibility for Al-Ghazi — it’s about making sure platforms like the Agro Show exist and thrive. Pakistan’s farmers and agri stakeholders need spaces where ideas, technologies, and solutions come together. By championing mechanization here, we’re not only showcasing our tractors but also investing in the future of agriculture itself.”
- [Ufone 4G, oladoc partner to bring affordable and accessible healthcare to millions of users](https://businessplus.com.pk/ufone-4g-oladoc-partner-to-bring-affordable-and-accessible-healthcare-to-millions-of-users/) - Reinforcing its commitment to addressing evolving customer needs, Pakistani telecom operator, Ufone 4G has joined hands with oladoc, the country’s largest digital healthcare platform, to bring affordable and accessible healthcare to millions of Ufone 4G users across the country through oladoc’s extensive services. Ufone 4G, oladoc partner to bring affordable and accessible healthcare to millions of users - Pakistan continues to face a stark healthcare imbalance, with most doctors concentrated in urban centers while 62% of the population resides in rural areas. Reinforcing its commitment to addressing evolving customer needs, Pakistani telecom operator, Ufone 4G has joined hands with oladoc, the country’s largest digital healthcare platform, to bring affordable and accessible healthcare to millions of Ufone 4G users across the country through oladoc’s extensive services. Pakistan continues to face a stark healthcare imbalance, with most doctors concentrated Primary health facilities in remote regions are often under-resourced, forcing families to travel long distances for even basic medical needs. By combining Ufone 4G’s nationwide reach with oladoc’s network of over 25,000 doctors and specialists, the partnership seeks to bridge this gap , enabling underserved communities to access timely consultations, preventive care, and essential medical services without leaving their hometowns.
- [Cambridge University Press & Assessment and LUMS Partner to Elevate Teacher Education in Pakistan](https://businessplus.com.pk/cambridge-university-press-assessment-and-lums-partner-to-elevate-teacher-education-in-pakistan/) - Cambridge University Press & Assessment and the Syed Ahsan Ali and Syed Maratib Ali School of Education (SOE) at LUMS have signed a Memorandum of Understanding (MoU) to launch a strategic collaboration aimed at strengthening teacher education and leadership across Pakistan. Cambridge University Press & Assessment and LUMS Partner to Elevate Teacher Education in Pakistan - Under this collaboration, Cambridge will bring its global expertise in education, including world-class research, qualifications, and quality assurance, while LUMS will contribute through its distinguished faculty, research-driven approach, and national outreach to scale impact across the country. Cambridge University Press & Assessment and the Syed Ahsan Ali and Syed Maratib Ali School of Education (SOE) at LUMS have signed a Memorandum of Understanding (MoU) to launch a strategic collaboration aimed at strengthening teacher education and leadership across Pakistan. The MoU signing ceremony, held at LUMS, marks the beginning of a long-term partnership This partnership reflects a shared commitment to advancing Pakistan’s education sector and opens new avenues for co-developing qualifications, training programmes, and research initiatives that will shape the future of education in the region.
- [Yango Pakistan colleagues hit the road as part of company's ‘Go to the Fields’ initiative](https://businessplus.com.pk/yango-pakistan-colleagues-hit-the-road-as-part-of-companys-go-to-the-fields-initiative/) - Yango introduced its global “Go to the Fields” initiative, placing executives on the frontlines of urban mobility to better understand the experiences of partner drivers and passengers. The program began in Karachi and Islamabad, where senior leadership spent a full day riding with partners and observing operations firsthand. Yango Pakistan colleagues hit the road as part of company's ‘Go to the Fields’ initiative - “Go to the Fields” is the first program of its kind in Pakistan, designed to capture direct feedback from drivers and passengers and transform it into practical improvements. Yango Pakistan, part of the global technology company Yango Group, is setting a new standard for how businesses connect with their communities and improve services in the country. For the first time in Pakistan, Yango introduced its global “Go to the Fields” initiative, placing executives on the frontlines of urban mobility to better understand the Yango plans to extend “Go to the Fields” to Lahore, Multan, and other key urban centers.
- [SBP’s Reserves Surge to $14.3B, Total Foreign Holdings Reach $19.66B](https://businessplus.com.pk/sbps-reserves-surge-to-14-3b-total-foreign-holdings-reach-19-66b/) - The total liquid foreign reserves of Pakistan rose to $ 19,659.5 million as of August 29, 2025 while the reserves held by the State Bank of Pakistan increased to $ 14,302.5 million. SBP’s Reserves Surge to $14.3B, Total Foreign Holdings Reach $19.66B - SBP reserves increased by US$ 28 million to US$ 14,302.5 million during the week ended on 29 August 2025 #post_contentCentral bank held foreign reserves amounting to $ 14,274.3 million while the commercial banks held reserves of $ 5,343.5 million.
- [ABHI partners with Jaffer Brothers to provide EWA to employees](https://businessplus.com.pk/abhi-partners-with-jaffer-brothers-to-provide-ewa-to-employees/) - ABHI, a neobank of the future, has partnered with Jaffer Brothers (Pvt.) Limited, one of Pakistan’s most diversified and trusted conglomerates with a legacy spanning over 70 years, to introduce Earned Wage Access (EWA) for its workforce. ABHI partners with Jaffer Brothers to provide EWA to employees - ABHI, a neobank of the future, has partnered with Jaffer Brothers (Pvt) Limited, one of Pakistan’s most diversified and trusted conglomerates with a legacy spanning over 70 years, to introduce Earned Wage Access (EWA) for its workforce. In a progressive step toward employee financial empowerment, ABHI, a neobank of the future, has partnered with Jaffer Brothers (Pvt.) Limited, one of Pakistan’s most diversified and trusted conglomerates with a legacy spanning over 70 years, to introduce Earned Wage Access (EWA) for its workforce. This collaboration reflects the shared commitment of both organizations to Through ABHI’s EWA solution, Jaffer group employees can instantly access a portion of their earned salary via the ABHI mobile app or SMS, within 30 seconds, anytime, anywhere.
- [PTCL Group and PPAF Unite for Clean Water Initiative in Southern Punjab and Thar](https://businessplus.com.pk/ptcl-group-and-ppaf-unite-for-clean-water-initiative-in-southern-punjab-and-thar/) - PTCL Group and the Pakistan Poverty Alleviation Fund (PPAF) have signed an agreement to expand their award-winning water project to phase two, which is set to benefit around 200,000 people across Southern Punjab and Thar. PTCL Group and PPAF Unite for Clean Water Initiative in Southern Punjab and Thar - PTCL Group installed water pumps in Thar in collaboration with the Shifa Foundation, transforming the daily lives of around 15,000 people. The initiative was recognised at the Dragons of Pakistan Awards with the “Best in Digital” award. In a major step towards addressing Pakistan’s water scarcity, PTCL Group and the Pakistan Poverty Alleviation Fund (PPAF) have signed an agreement to expand their award-winning water project to phase two, which is set to benefit around 200,000 people across Southern Punjab and Thar. Last year, the PTCL Group installed water pumps in Thar in Syed Atif Raza, Group Chief Commercial Officer, PTCL & Ufone 4G, said: “With PPAF, we are taking a significant step forward in addressing one of Pakistan’s most urgent challenges. Access to clean water is a basic human need, and with this collaboration with PPAF, PTCL Group is committed to fulfilling this need of the underserved communities with sustainable water solutions."
- [1Link officially designated as payment system operators by SBP](https://businessplus.com.pk/1link-officially-designated-as-payment-system-operators-by-sbp/) - The State Bank of Pakistan (SBP), under the powers conferred by Section 4(1) of the Payment Systems & Electronic Funds Transfer Act, 2007, has officially notified 1LINK (Private) Limited as a Designated Payment System (DPS). 1Link officially designated as payment system operators by SBP - This landmark recognition highlights the central role of 1LINK in Pakistan's payment ecosystem, entrusted with ensuring the integrity, stability, and interoperability of the country's digital financial infrastructure. The State Bank of Pakistan (SBP), under the powers conferred by Section 4(1) of the Payment Systems & Electronic Funds Transfer Act, 2007, has officially notified 1LINK (Private) Limited as a Designated Payment System (DPS). This landmark recognition highlights the central role of 1LINK in Pakistan's payment ecosystem, entrusted with ensuring the integrity, stability, and 1LINK (Pvt) Limited, owned by a consortium of 11 banks, is the country's first PSO/PSP and now the first Designated PSO/PSP and the largest switch and payment system, providing a host of valuable online banking services like ATM switching, 1BILL billing platform, Inter Bank Funds Transfer, Fraud Risk Management, Switch Dispute Resolution, International Payment Schemes, PayPak - Domestic Payment Scheme, Sohni Dharti Remittance Program, etc.
- [BYD Shark 6 secures 5-Star ANCAP Safety Rating, raising the bar for pickups globally](https://businessplus.com.pk/byd-shark-6-secures-5-star-ancap-safety-rating-raising-the-bar-for-pickups-globally/) - BYD, the world’s no.1 new energy vehicles (NEVs) manufacturer, has earned the prestigious 5-star ANCAP safety ranking for BYD Shark 6. The Australasian New Car Assessment Program (ANCAP) is one of the most trusted, credible and independent vehicle safety authorities globally and the Shark 6 is the first plug-in hybrid vehicle to be tested under its protocols. BYD Shark 6 secures 5-Star ANCAP Safety Rating, raising the bar for pickups globally - The BYD Shark 6 is equipped with dual frontal, side, and center airbags, an advanced Autonomous Emergency Braking system (for cars, pedestrians, cyclists, and motorcycles), lane keep assist, blind spot monitoring, and a direct driver monitoring system to detect fatigue and distraction. Combined, these features ensure that the Shark 6 is not just safe in a crash but actively works to prevent one. BYD, the world’s no.1 new energy vehicles (NEVs) manufacturer, has earned the prestigious 5-star ANCAP safety ranking for BYD Shark 6. The Australasian New Car Assessment Program (ANCAP) is one of the most trusted, credible and independent vehicle safety authorities globally and the Shark 6 is the first plug-in hybrid vehicle to be tested under This achievement positions BYD Shark 6 as a new standard for safety in the pickup category globally as well as in Pakistan. A 5-star ANCAP rating, recognized as a pinnacle of automotive safety, reflects comprehensive evaluation across critical areas including independent crash tests to evaluate protection for adults, children, and pedestrians, along with active safety assist technologies. With maximum points scored in side impact and oblique pole crash tests, the BYD Shark 6 demonstrated exceptional strength, stability, and advanced crash protection systems.
- [SECP Strengthens Islamic Finance with New Guidelines for Shariah-Compliant Intermediaries](https://businessplus.com.pk/secp-strengthens-islamic-finance-with-new-guidelines-for-shariah-compliant-intermediaries/) - This requirement applies to takaful operators, window takaful operators, and other Shariah-compliant licensed entities, namely non-banking finance companies, collective investment schemes, voluntary pension schemes, modarabas, modaraba management companies, private funds, and securities brokers. SECP Strengthens Islamic Finance with New Guidelines for Shariah-Compliant Intermediaries - Shariah-compliant institutional investors under the SECP’s regulatory domain are now mandated to route their securities trading transactions through Shariah-compliant securities brokers in a phased manner. This requirement applies to takaful operators, window takaful operators, and other Shariah-compliant licensed entities, namely non-banking finance companies, collective investment schemes, voluntary pension schemes, modarabas, modaraba management companies, private funds, and securities brokers. The Securities and Exchange Commission of Pakistan (SECP) has directed its relevant licensed entities to adopt concrete measures for facilitating the growth This requirement applies to takaful operators, window takaful operators, and other Shariah-compliant licensed entities, namely non-banking finance companies, collective investment schemes, voluntary pension schemes, modarabas, modaraba management companies, private funds, and securities brokers.
- [Europe’s July car sales rise most since April 2024, BYD ahead of Tesla](https://businessplus.com.pk/europes-july-car-sales-rise-most-since-april-2024-byd-ahead-of-tesla/) - New car sales in Europe rose 5.9% in July, the best month for more than a year in a boost for the struggling industry as consumer confidence weakens, European Automobile Manufacturers Association data showed on Thursday. Plug-in hybrid sales in the European Union recorded the biggest jump since at least January 2023, when the ACEA started reporting the figure, while those of battery-electric cars had the biggest increase since August 2023. Europe’s July car sales rise most since April 2024, BYD ahead of Tesla - Battery-electric carmaker Tesla lost market share in Europe for a seventh consecutive month and trailed China's BYD, which was included in the monthly sales data for the first time. New car sales in Europe rose 5.9% in July, the best month for more than a year in a boost for the struggling industry as consumer confidence weakens, European Automobile Manufacturers Association data showed on Thursday.Plug-in hybrid sales in the European Union recorded the biggest jump since at least January 2023, when the ACEA started Tesla's sales dropped 40.2%, squeezing its market share to 0.8% from 1.4% a year ago. BYD's sales jumped 225.3% to give it 1.2% of the market.
- [Spotify Unveils How Gen-Z is Redefining Music Discovery and Consumption in Pakistan](https://businessplus.com.pk/spotify-unveils-how-gen-z-is-redefining-music-discovery-and-consumption-in-pakistan/) - As the world marks two iconic occasions in August, International Youth Day and World Hip-Hop Day, Spotify is shining a spotlight on how Pakistan’s Gen-Z is reshaping music discovery and consumption. With their phones in hand and earbuds in, young Pakistanis are not just listening to music, they are building communities, reviving genres, influencing global trends, and driving cultural movements on the world’s leading audio platform. Spotify Unveils How Gen-Z is Redefining Music Discovery and Consumption in Pakistan - From genres spanning Desi Pop and Indie to the unapologetically raw sounds of Punjabi Hip-Hop, Spotify data shows that Gen-Z is tuning in most often between 10pm and midnight, with mobile remaining their go-to device for streaming. As the world marks two iconic occasions in August, International Youth Day and World Hip-Hop Day, Spotify is shining a spotlight on how Pakistan’s Gen-Z is reshaping music discovery and consumption. With their phones in hand and earbuds in, young Pakistanis are not just listening to music, they are building communities, reviving genres, influencing global The top local voices in Gen-Z’s streaming reflect a generation that embraces both nostalgia and new finds. Talha Anjum, Umair, Atif Aslam, Hasan Raheem and Bayaan dominate the charts, while albums like “Safar” by Bayaan, “My Terrible Mind” by Talha Anjum, and “ROCKSTAR WITHOUT A GUITAR” by Umair have become cultural touchpoints for young listeners.
- [Fatima Fertilizer partners with King’s Trust International and SEED Ventures to empower Pakistani youth through Enterprise Challenge Pakistan](https://businessplus.com.pk/fatima-fertilizer-partners-with-kings-trust-international-and-seed-ventures-to-empower-pakistani-youth-through-enterprise-challenge-pakistan/) - Fatima Fertilizer Company Limited (FFL) signed a Memorandum of Understanding (MoU) with SEED Ventures in Islamabad, marking a new chapter in its commitment to empowering youth and supporting the United Nations Sustainable Development Goals (SDGs). Fatima Fertilizer partners with King’s Trust International and SEED Ventures to empower Pakistani youth through Enterprise Challenge Pakistan - The collaboration brings Enterprise Challenge Pakistan (ECP) – a flagship initiative of King’s Trust International (founded by His Majesty King Charles III) and SEED Ventures, on board as a strategic partner for Fatima Fertilizer. Fatima Fertilizer Company Limited (FFL) signed a Memorandum of Understanding (MoU) with SEED Ventures in Islamabad, marking a new chapter in its commitment to empowering youth and supporting the United Nations Sustainable Development Goals (SDGs). Fatima Fertilizer, as the first company in Pakistan to adopt the UNDP SDG Impact Framework, continues to strengthen its role Fatima Fertilizer, as the first company in Pakistan to adopt the UNDP SDG Impact Framework, continues to strengthen its role as a leader in sustainable development and community empowerment.
- [PTCL Group Continues to Achieve Double Digit Growth](https://businessplus.com.pk/ptcl-group-continues-to-achieve-double-digit-growth/) - Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced financial results for the half year ended June 30, 2025 (HY), at a Board of Directors meeting held in Islamabad. PTCL Group recorded 16% revenue growth, maintaining its position as Pakistan’s premier integrated telecom services provider. PTCL Group Continues to Achieve Double Digit Growth - Group revenue increased by 16% on YoY basis, driven by strong growth in fixed broadband, mobile data, enterprise, and carrier wholesale services. Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced financial results for the half year ended June 30, 2025 (HY), at a Board of Directors meeting held in Islamabad. PTCL Group recorded 16% revenue growth, maintaining its position as Pakistan’s premier integrated telecom services provider. Financial Highlights Group revenue PTCL’s operating profit reached Rs. 7.9 billion, up 38% over HY 2024 and posted a net loss of Rs. 3.3 billion primarily due to one-off adjustment of additional pension liability as ordered by the Honorable Supreme Court of Pakistan.
- [SECP Accelerates Digital Finance with New Lending Licenses, Signals Investment-Friendly Reforms](https://businessplus.com.pk/secp-accelerates-digital-finance-with-new-lending-licenses-signals-investment-friendly-reforms/) - The Securities and Exchange Commission of Pakistan (SECP) has issued a digital lending license to push Foreign Direct Investment (FDI) and investment-friendly Pakistan. SECP Accelerates Digital Finance with New Lending Licenses, Signals Investment-Friendly Reforms - The Securities and Exchange Commission of Pakistan (SECP) has issued an Investment Finance Services license to Foremost Financial Services Private Ltd. to operate as a Non-Banking Finance Company (NBFC). The Securities and Exchange Commission of Pakistan (SECP) has issued an Investment Finance Services license to Foremost Financial Services Private Ltd. to operate as a Non-Banking Finance Company (NBFC). The Securities and Exchange Commission of Pakistan (SECP) has issued a digital lending license to push Foreign Direct Investment (FDI) and investment-friendly Pakistan. Concurrently, Instant Finance Foremost Financial Services (Pvt) Limited will conduct digital nano-lending services in Pakistan, while Instant Finance (Pvt) Limited intends to undertake digital lending for Small and Medium Enterprises.
- [Faysal Bank Reports H1 2025 Financial Results Amidst Continued Business Momentum](https://businessplus.com.pk/faysal-bank-reports-h1-2025-financial-results-amidst-continued-business-momentum/) - Faysal Bank Limited (FBL), one of the leading Islamic Banks in the country, sustained its business momentum in the first half of 2025 and continued to gain market share in key segments while deepening relationships across both retail and corporate clients. Faysal Bank Reports H1 2025 Financial Results Amidst Continued Business Momentum - Total deposits increased to PKR 1.2 trillion—19% higher than December 2024—while current-account deposits crossed the half-trillion milestone at PKR 532 billion (up 30%), helping sustain core earnings amid declining rates. Faysal Bank Limited (FBL), one of the leading Islamic Banks in the country, sustained its business momentum in the first half of 2025 and continued to gain market share in key segments while deepening relationships across both retail and corporate clients. Total deposits increased to PKR 1.2 trillion—19% higher than December 2024—while current-account deposits crossed Faysal Bank Profit Before Tax (PBT) recorded at PKR 21.9 billion, whereas Earnings Per Share stood at PKR 6.59 for six months.
- [PNSC Adds Swan Lake & P. Aliki to Fleet, Enhancing Energy Transport Capacity](https://businessplus.com.pk/pnsc-adds-swan-lake-p-aliki-to-fleet-enhancing-energy-transport-capacity/) - Pakistan National Shipping Corporation (PNSC), the country’s national flag carrier, has expanded its fleet from 10 to 12 vessels with the addition of two Aframax-class tankers, Swan Lake and P. Aliki, enhancing maritime and energy transport capacity. PNSC Adds Swan Lake & P. Aliki to Fleet, Enhancing Energy Transport Capacity - Minister Junaid Chaudhry highlighted that these new tankers increase the PNSC fleet to 12 ships Pakistan National Shipping Corporation (PNSC), the country’s national flag carrier, has expanded its fleet from 10 to 12 vessels with the addition of two Aframax-class tankers, Swan Lake and P. Aliki, enhancing maritime and energy transport capacity. PNSC Chief Executive Officer Zarar Hussain briefed the Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, during Pakistan’s reliance on foreign shipping carriers for freight services is costing the national economy an estimated $4.6 billion annually in payments abroad.
- [TGA Hosts First-Ever Pakistani Content Creators Trip to Türkiye](https://businessplus.com.pk/tga-hosts-first-ever-pakistani-content-creators-trip-to-turkiye/) - In a landmark initiative to strengthen tourism and cultural ties between Pakistan and Türkiye, the Türkiye Tourism Promotion and Development Agency (TGA), in collaboration with the Ministry of Tourism and Culture, hosted the first official influencer trip from Pakistan to Türkiye this month. TGA Hosts First-Ever Pakistani Content Creators Trip to Türkiye - Six prominent Pakistani social media influencers: Hamza Bhatti, Osama Nasir, Umama Ismail, Ghuas Gondal, Fariha Asghar, and Rea Rana, experienced Türkiye’s hospitality and vibrant culture, with Istanbul as the centerpiece of their journey. In a landmark initiative to strengthen tourism and cultural ties between Pakistan and Türkiye, the Türkiye Tourism Promotion and Development Agency (TGA), in collaboration with the Ministry of Tourism and Culture, hosted the first official influencer trip from Pakistan to Türkiye this month. The trip was curated by Asiatic Public Relations Network (APR). Six prominent The carefully curated itinerary offered the influencers a mix of heritage, culture, and modern experiences. From exploring the Blue Mosque, Hagia Sophia, and Basilica Cistern in Istanbul’s historic peninsula, to strolling through the colorful streets of Balat and Fener, the group captured the city’s blend of tradition and modernity.
- [PVARA Sets Regulatory Roadmap for Virtual Assets with AML/CFT Compliance at Core](https://businessplus.com.pk/pvara-sets-regulatory-roadmap-for-virtual-assets-with-aml-cft-compliance-at-core/) - The Pakistan Virtual Assets Regulatory Authority (PVARA) convened its first board meeting focusing on operationalizing the Authority in line with international Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) (AML/CFT) standards, recommending independent directors with expertise in virtual assets for approval, and establishing the Authority’s core framework. PVARA Sets Regulatory Roadmap for Virtual Assets with AML/CFT Compliance at Core - The board agreed to form dedicated committees focused on sandbox experimentation, taxation policies, regulatory drafting, and international engagement. A draft of the proposed licensing framework was also shared with the members for consultation, which will be finalized in the coming days. The Pakistan Virtual Assets Regulatory Authority (PVARA) convened its first board meeting focusing on operationalizing the Authority in line with international Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) (AML/CFT) standards, recommending independent directors with expertise in virtual assets for approval, and establishing the Authority’s core framework. The meeting was attended by Senator Muhammad Aurangzeb,
- [CDA Rolls Out Free Internet in Islamabad: 30 Locations to Get Public Wi-Fi](https://businessplus.com.pk/cda-rolls-out-free-internet-in-islamabad-30-locations-to-get-public-wi-fi/) - The federal capital will soon have free Wi-Fi facilities at 30 locations, including commercial centres, public transport stations, and parks. The first phase will cover high-traffic areas such as main commercial markets, metro and feeder bus stations, and recreational areas. “The facility will ensure maximum citizens benefit from modern connectivity, easing access to digital services
- [SECP Streamlines Company Bank Account Setup with Secure QR-Verified Documents](https://businessplus.com.pk/secp-streamlines-company-bank-account-setup-with-secure-qr-verified-documents/) - The Securities and Exchange Commission of Pakistan (SECP), in its drive to promote standardization and uniformity has issued a circular under the Companies Act, 2017, prescribing a Standard Format of Board Resolution for the opening of corporate bank accounts by the companies. SECP Streamlines Company Bank Account Setup with Secure QR-Verified Documents - The Circular has been issued after extensive consultations with the Pakistan Banks’ Association (PBA) and other stakeholders. The Securities and Exchange Commission of Pakistan (SECP), in its drive to promote standardization and uniformity has issued a circular under the Companies Act, 2017, prescribing a Standard Format of Board Resolution for the opening of corporate bank accounts by the companies. This reform is one of the initiatives taken by SECP under the umbrella The introduction of the standardized resolution will mitigate these challenges by ensuring uniformity, facilitating expeditious onboarding of corporate clients by financial institutions through reduced compliance-related queries, enhanced transparency and security via QR code-enabled digital verification to safeguard against forgery or unauthorized alterations. Now with this standard resolution format in place, traditional issues like diverse documentation requirements and remote verification issues will be addressed.
- [Flyadeal Launches Direct Flights from Riyadh to Islamabad and Peshawar](https://businessplus.com.pk/flyadeal-launches-direct-flights-from-riyadh-to-islamabad-and-peshawar/) - Flyadeal, Saudi Arabia’s leading low-cost carrier, has officially expanded its scheduled operations to Pakistan with the launch of direct flights to Islamabad and Peshawar. Flyadeal Launches Direct Flights from Riyadh to Islamabad and Peshawar - The milestone was marked at Bacha Khan International Airport (BKIAP), Peshawar, on August 25, 2025 Flyadeal, Saudi Arabia’s leading low-cost carrier, has officially expanded its scheduled operations to Pakistan with the launch of direct flights to Islamabad and Peshawar. The milestone was marked at Bacha Khan International Airport (BKIAP), Peshawar, on August 25, 2025, where the inaugural flight from Riyadh was welcomed with a cake-cutting ceremony organized by Menzies RAS. Flyadeal operated its inaugural flight FAD 651/652 to Islamabad International Airport, where the aircraft was accorded the traditional water salute upon arrival. The flight landed ahead of schedule at 06:08 AM with 65 passengers on board. The return flight departed at 07:33 AM carrying 172 passengers.
- [Pakistan Launches Green Taxonomy to Attract Climate Investment](https://businessplus.com.pk/pakistan-launches-green-taxonomy-to-attract-climate-investment/) - Pakistan has approved the Pakistan Green Taxonomy, a new framework aimed at channeling investment into climate resilience and sustainable growth. Pakistan Launches Green Taxonomy to Attract Climate Investment - The final draft was circulated to key ministries, including Planning, Industries, and Communications, before being presented to the Economic Coordination Committee (ECC). Following its review, the ECC granted approval, paving the way for its formal rollout. Pakistan has approved the Pakistan Green Taxonomy, a new framework aimed at channeling investment into climate resilience and sustainable growth. Supported by the World Bank, the initiative provides a structured system to classify and prioritize green activities and projects, ensuring greater transparency in sustainable finance. The Green Taxonomy has been developed by the Ministry of The initiative comes at a time when Pakistan is grappling with severe climate challenges, including heavy rainfall, flash floods, and declining crop yields such as reduced sugar production due to changing weather patterns. By steering finance toward renewable energy, climate-resilient infrastructure, and environmental protection, the taxonomy is expected to play a key role in strengthening the country’s ability to adapt to climate risks.
- [Soneri Bank & MG Motors Set New Benchmark with 1-Year KIBOR + 2% Auto Financing Offer](https://businessplus.com.pk/soneri-bank-mg-motors-set-new-benchmark-with-1-year-kibor-2-auto-financing-offer/) - The offer is available on select MG models, including the MG HS and MG HS Plug-in Hybrid Electric Vehicle (PHEV), catering to customers who seek a perfect balance of modern design, advanced technology, and eco-friendly mobility. Soneri Bank & MG Motors Set New Benchmark with 1-Year KIBOR + 2% Auto Financing Offer - With an unprecedented financing rate starting from a rate of 1 Year KIBOR + 2%, Soneri Bank and MG financing offer sets a new benchmark in affordability and convenience for auto consumers. Soneri Bank has announced a special collaboration with MG Motors Pakistan, offering customers the most competitive auto financing package in the industry under the conventional and Islamic financing facilities. With an unprecedented financing rate starting from a rate of 1 Year KIBOR + 2%, Soneri Bank and MG financing offer sets a new benchmark in It also offers an Insurance rate of 1.5% with tracker,100% waiver in processing fee and 100% waiver in early settlement and balloon payment penalty.
- [PAFLA and NIC Karachi Sign MoU to Promote Entrepreneurship](https://businessplus.com.pk/pafla-and-nic-karachi-sign-mou-to-promote-entrepreneurship/) - The Pakistan Freelancers Association (PAFLA) and the National Incubation Center (NIC) Karachi have signed a Memorandum of Understanding (MoU) to jointly promote entrepreneurship and provide mentorship opportunities to freelancers and startups across Pakistan. PAFLA and NIC Karachi Sign MoU to Promote Entrepreneurship - Under the MoU, PAFLA and NIC Karachi will collaborate on initiatives such as entrepreneurial boot camps, mentorship sessions, capacity-building workshops, and networking events to nurture innovation and business growth. The partnership also seeks to create a bridge between freelancers and emerging startups, enabling knowledge-sharing and access to wider opportunities in both local and global markets. The Pakistan Freelancers Association (PAFLA) and the National Incubation Center (NIC) Karachi have signed a Memorandum of Understanding (MoU) to jointly promote entrepreneurship and provide mentorship opportunities to freelancers and startups across Pakistan. The strategic partnership aims to empower young entrepreneurs with guidance, training, and resources to build sustainable businesses in the digital economy. Under There are over 2.37 freelancers in Pakistan as per estimates which earned over $500 million from foreign clients and millions from local markets.
- [Mobilink Bank modernizes to latest cloud native ​Temenos Core Banking with Systems Limited](https://businessplus.com.pk/mobilink-bank-modernizes-to-latest-cloud-native-temenos-core-banking-with-systems-limited/) - Pakistan’s leading digital microfinance bank, ​Mobilink Bank, has successfully upgraded its core banking system by transitioning from Temenos’ R17 to the R23 release of Temenos’ cloud-native core banking platform. Mobilink Bank modernizes to latest cloud native ​Temenos Core Banking with Systems Limited - Customers can enjoy an upgraded digital experience, including seamless integration of features like digital onboarding and personal finance tools, making banking more convenient and accessible. Pakistan’s leading digital microfinance bank, ​Mobilink Bank, has successfully upgraded its core banking system by transitioning from Temenos’ R17 to the R23 release of Temenos’ cloud-native core banking platform. The upgrade reflects Mobilink Bank’s ongoing commitment to technological innovation, operational excellence, and customer-centric digital transformation. The successful transition was made possible through strategic partnerships with The modular and scalable design of Temenos’ R23 release allows for quicker rollout of new services with minimal disruption. Enhanced diagnostics and backend visibility enable faster issue resolution and smoother service delivery.
- [Rotary Club Pakistan Corporate hosts grand reception honoring Rotary International delegation](https://businessplus.com.pk/rotary-club-pakistan-corporate-hosts-grand-reception-honoring-rotary-international-delegation/) - Rotary Club Pakistan Corporate organized a prestigious reception in honor of the visiting Rotary International delegation, led by Rotary International President Francisco Azzaro, Trustee Chair of The Rotary Foundation Holger Knaack, and International PolioPlus Committee Chairperson Mike McGovern. Rotary Club Pakistan Corporate hosts grand reception honoring Rotary International delegation - Justice (retd) Farrukh Irfan Khan, President of Rotary Club Pakistan Corporate, reaffirmed the Club’s resolve to serve communities in need. Imran Ghaznavi, founder of the Club, urged the corporate sector to play an active role in sustainable community service and to join hands with Rotary in its humanitarian initiatives. Rotary Club Pakistan Corporate organized a prestigious reception in honor of the visiting Rotary International delegation, led by Rotary International President Francisco Azzaro, Trustee Chair of The Rotary Foundation Holger Knaack, and International PolioPlus Committee Chairperson Mike McGovern. In his address, President Azzaro, along with members of the delegation, lauded the Government of Pakistan’s commitment Chief guest, Senator Syed Sarmad Ali, emphasized Pakistan’s strategic importance in today’s global and regional context. He described Pakistan as a resilient nation with immense potential and as an emerging hub for global tourism.
- [LCCI concerned over unreliable transit time by shipping lines](https://businessplus.com.pk/lcci-concerned-over-unreliable-transit-time-by-shipping-lines/) - The Lahore Chamber of Commerce and Industry (LCCI) Executive Committee expressed grave concern about the critically deteriorating performance of international shipping lines, which may cause severe financial losses to Pakistani exporters. LCCI concerned over unreliable transit time by shipping lines - The Lahore Chamber of Commerce and Industry (LCCI) Executive Committee expressed grave concern about the critically deteriorating performance of international shipping lines, which may cause severe financial losses to Pakistani exporters. The Lahore Chamber of Commerce and Industry (LCCI) Executive Committee expressed grave concern about the critically deteriorating performance of international shipping lines, which may cause severe financial losses to Pakistani exporters. The issue was brought to the forefront during a meeting of the LCCI Executive Committee presided over by LCCI President Mian Abuzar, Senior Vice Exporters are being given commitments of 15-18 days for key destinations like Jeddah and 35-38 days for North African ports. However, after shipments are dispatched, these timelines are being “arbitrarily extended by 10 to 25 days without prior notice or valid explanation. This unpredictable delay is crippling for exporters who operate on strict deadlines with their international buyers.
- [Tarbela Dam Reaches Full Conservation Level of 1550 Feet](https://businessplus.com.pk/tarbela-dam-reaches-full-conservation-level-of-1550-feet/) - Tarbela Dam reached its maximum conservation level of 1550 feet above mean sea level on Thursday, with 5.728 million-acre feet live water storage in the reservoir. Tarbela Dam Reaches Full Conservation Level of 1550 Feet - Tarbela Dam reached its maximum conservation level of 1550 feet above mean sea level on Thursday, with 5.728 million-acre feet live water storage in the reservoir. Tarbela Dam reached its maximum conservation level of 1550 feet above mean sea level on Thursday, with 5.728 million-acre feet live water storage in the reservoir. Filling of Tarbela Dam to its maximum conservation level is a good sign for irrigated agriculture and hydel generation in the country. Tarbela Dam has been playing a key Filling of Tarbela Dam to its maximum conservation level is a good sign for irrigated agriculture and hydel generation in the country.
- [RDA inflows rise to $10.748 Billion in July 2025](https://businessplus.com.pk/rda-inflows-rise-to-10-748-billion-in-july-2025/) - The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.748 billion by the end of July 2025 as compared to US $10.563 billion by June (2025) end. RDA inflows rise to $10.748 Billion in July 2025 - The number of accounts registered under the programme also rose by 10,619 to 842,582 in July 2025 from 831,963 accounts in June 2025. The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.748 billion by the end of July 2025 as compared to US $10.563 billion by June (2025) end. The data showed that the inflows of remittances during July were recorded at US$ 185 million as compared to US$ 182 million in June By the end of July, overseas Pakistanis have invested US $479 million in Naya Pakistan Certificates, US $936 million in Naya Pakistan Islamic Certificates, and US $75 million in Roshan Equity Investment.
- [Spotify Introduces Seamless Transitions and Custom Mixes for Premium Users in Pakistan](https://businessplus.com.pk/spotify-introduces-seamless-transitions-and-custom-mixes-for-premium-users-in-pakistan/) - Spotify announced the beta launch of a new set of creative controls that lets Premium users customize transitions between songs and shape how their playlists flow from track to track. Spotify Introduces Seamless Transitions and Custom Mixes for Premium Users in Pakistan
- [Tetra Pak Pakistan Limited and Bulleh Shah Packaging Partner to Strengthen Used Beverage Carton Recycling in Pakistan](https://businessplus.com.pk/tetra-pak-pakistan-limited-and-bulleh-shah-packaging-partner-to-strengthen-used-beverage-carton-recycling-in-pakistan/) - Tetra Pak Pakistan Limited and Bulleh Shah Packaging (Private) Limited (BSP) have entered into a strategic collaboration through a Memorandum of Understanding (MoU) aimed at creating a commercially viable collection and recycling value chain for used beverage cartons (UBC) in Pakistan. Tetra Pak Pakistan Limited and Bulleh Shah Packaging Partner to Strengthen Used Beverage Carton Recycling in Pakistan
- [Apply Now: Green Tractor Scheme Phase II Open for Farmers Till Sept 1](https://businessplus.com.pk/apply-now-green-tractor-scheme-phase-ii-open-for-farmers-till-sept-1/) - Deputy Director Agriculture (Extension) Muhammad Athar Latif said that, the phase II of the Green Tractor Scheme has been launched and online applications will be received until September 1. Apply Now: Green Tractor Scheme Phase II Open for Farmers Till Sept 1 - Under the “Kisan Khushal, Punjab Khushal” programme, 20,000 tractors will be distributed with billions of rupees in subsidies. Deputy Director Agriculture (Extension) Muhammad Athar Latif said that, the phase II of the Green Tractor Scheme has been launched and online applications will be received until September 1. Muhammad Athar Latif said the scheme, initiated on August 14, provides a subsidy of Rs1 million per tractor of 75 horsepower or above for farmers owning seven acres or more. Green Tractor Scheme provides a subsidy of Rs1 million per tractor of 75 horsepower or above for farmers owning seven acres or more.
- [CCP Approves Nippon Express-TCS Logistics Acquisition Deal](https://businessplus.com.pk/ccp-approves-nippon-express-tcs-logistics-acquisition-deal/) - The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of a certain shareholding in TCS Logistics (Private) Limited by ‘Nippon Express’ (South Asia & Oceania) Pte. Limited. CCP Approves Nippon Express-TCS Logistics Acquisition Deal - TCS Logistics (Private) Limited is a Pakistani company operating in the third-party logistics (3PL) sector. Both companies provide 3PL services within Pakistan, and the CCP identified the relevant market as third-party logistics services in the country. - The Commission further observed that the transaction is expected to yield efficiency gains and bring international logistical expertise into the domestic market. These developments are anticipated to improve service quality, enhance operational capabilities, and contribute to the development of Pakistan’s logistics sector.
- [Ufone 4G comes to people’s aid as cloudbursts, flooding wreak havoc in KP](https://businessplus.com.pk/ufone-4g-comes-to-peoples-aid-as-cloudbursts-flooding-wreak-havoc-in-kp/) - Ufone 4G has provided free minutes to its users in the worst-hit districts of Bajaur, Buner, Battagram, and Batal (Mansehra) to help them connect with emergency services. Ufone 4G comes to people’s aid as cloudbursts, flooding wreak havoc in KP - Ufone 4G has provided free minutes to its users in the worst-hit districts of Bajaur, Buner, Battagram, and Batal (Mansehra) to help them connect with emergency services, mobilize local resources, and remain in touch with their loved ones. Ufone 4G has stepped forward to support communities affected by sudden cloudbursts and flash floods that devastated multiple cities and towns across Khyber Pakhtunkhwa (KP). In a tragic reminder of the growing impacts of climate change, the disaster has claimed more than 200 lives and caused widespread destruction of public and private infrastructure. Recognizing the PTCL Group’s broader CSR program, the initiative aims to enhance national resilience against climate-induced disasters by ensuring uninterrupted communication during emergencies.
- [Onic Celebrates Two Years of Redefining Pakistan’s Digital Telecom Experience](https://businessplus.com.pk/onic-celebrates-two-years-of-redefining-pakistans-digital-telecom-experience/) - Onic proudly marks its second anniversary, celebrating two years of transforming Pakistan’s telecommunications landscape through a fully digital, end-to-end customer experience. Onic Celebrates Two Years of Redefining Pakistan’s Digital Telecom Experience - Onic has eliminated the need for physical interactions, enabling customers to activate SIMs, manage accounts, recharge, and access support entirely through intuitive mobile and web platforms. Onic proudly marks its second anniversary, celebrating two years of transforming Pakistan’s telecommunications landscape through a fully digital, end-to-end customer experience. As the country’s first fully digital telecom brand, Onic empowers users with complete control over their mobile journey, free from the limitations of traditional telecom. Built for digital natives, the brand champions freedom, flexibility, Onic empowers users with complete control over their mobile journey, free from the limitations of traditional telecom.
- [Jubilee Life Insurance's Munawar Khalil Presents "Safe Hands of the Match" Award to Kusal Perera](https://businessplus.com.pk/jubilee-life-insurances-munawar-khalil-presents-safe-hands-of-the-match-award-to-kusal-perera/) - Munawar Khalil, Group Head Direct Sales & Alternative Distribution, Jubilee Life Insurance presenting the Safe Hands of the Match Award to Kusal Perera after the Eliminator 2 match between Islamabad United and Lahore Qalanders. Jubilee Life Insurance's Munawar Khalil Presents "Safe Hands of the Match" Award to Kusal Perera - Munawar Khalil, Group Head Direct Sales & Alternative Distribution, Jubilee Life Insurance presenting the Safe Hands of the Match Award to Kusal Perera after the Eliminator 2 match between Islamabad United and Lahore Qalanders.
- [14-year-old artist Aoun Ali appointed AirSial’s official brand ambassador](https://businessplus.com.pk/14-year-old-artist-aoun-ali-appointed-airsials-official-brand-ambassador/) - A 14-year-old talented young artist from Sialkot, Aoun Ali has been formally appointed as its “Official Brand Ambassador” by Pakistan’s leading private airline, AirSial. 14-year-old artist appointed AirSial’s official brand ambassador - This honor was not only a recognition of the global recognition of Aoun Ali’s art but also a manifestation of Air Sial’s commitment to promoting the creative talents of the younger generation. A 14-year-old talented young artist from Sialkot, Aoun Ali has been formally appointed as its “Official Brand Ambassador” by Pakistan’s leading private airline, AirSial. This honor was not only a recognition of the global recognition of Aoun Ali’s art but also a manifestation of Air Sial’s commitment to promoting the creative talents of the younger On this occasion, Chairman AirSial Fazal Jilani said, “Pakistan’s youth are proving their talent all over the world and Aoun Ali is one of them.”
- [New Textile Zone Inaugurated by PM, Set to Drive $400M in Exports](https://businessplus.com.pk/new-textile-zone-inaugurated-by-pm-set-to-drive-400m-in-exports/) - Prime Minister Shehbaz Sharif launched a Special Economic Zone to be set up by a Chinese textile group, with a $100 million investment over five years, projected to yield $400 million in exports. New Textile Zone Inaugurated by PM, Set to Drive $400M in Exports - The Special Economic Zone will be established by the Chinese garments group “Challenge Fashion Private Limited” that has already invested $17 million in Pakistan since 2014. Prime Minister Shehbaz Sharif launched a Special Economic Zone to be set up by a Chinese textile group, with a $100 million investment over five years, projected to yield $400 million in exports. The Special Economic Zone will be established by the Chinese garments group “Challenge Fashion Private Limited” that has already invested $17 million in The chairman of Challenge Fashion Group, thanking the prime minister for the excellent hospitality in Pakistan, said that his company was establishing a modern textile industry in Pakistan. He said the company would invest $100 million in this Special Economic Zone over the next five years and expected to generate $400 million in exports.
- [SBP releases maiden Monetary Policy Report explaining the decision to pause policy ease](https://businessplus.com.pk/sbp-releases-maiden-monetary-policy-report-explaining-the-decision-to-pause-policy-ease/) - The State Bank of Pakistan (SBP), released its first Monetary Policy Report (MPR), explaining the reasons which the Monetary Policy Committee kept in consideration and decided to maintain the base rate at 11% despite visible improvement in macroeconomic indicators. SBP releases maiden Monetary Policy Report explaining the decision to pause policy ease - With the policy rate kept unchanged at 11 percent in the MPC meetings in June and July, the MPC expected the real policy rate to be adequately positive to stabilize inflation within the medium-term target range. The State Bank of Pakistan (SBP), released its first Monetary Policy Report (MPR), explaining the reasons which the Monetary Policy Committee kept in consideration and decided to maintain the base rate at 11% despite visible improvement in macroeconomic indicators. “The Committee acknowledged the recent improvement in macroeconomic dynamics, but also considered potential domestic and global The MPR noted that the economic activity continued to pick up gradually, with real GDP growth for the full fiscal year 2024-25 rising to 2.7% without creating excessive inflationary and external account pressures while SBP-IBA business sentiment surveys indicate signs of a gradual revival in economic and investment activity.
- [Fatima Fertilizer Ignites Patriotic Fervor with ‘Dil Se Sarsabz’ Milli Naghma Competition on Independence Day](https://businessplus.com.pk/fatima-fertilizer-ignites-patriotic-fervor-with-dil-se-sarsabz-milli-naghma-competition-on-independence-day/) - In a heartfelt celebration of Pakistan’s Independence Day, Fatima Fertilizer brought together the power of music and national pride through its first-ever ‘Dil Se Sarsabz’ Milli Naghma Competition, held in Islamabad. Fatima Fertilizer Ignites Patriotic Fervor with ‘Dil Se Sarsabz’ Milli Naghma Competition on Independence Day - The campaign invited individuals from across the country to record and share their renditions of classic patriotic songs on TikTok using the hashtag #DilSeSarsabz. In a heartfelt celebration of Pakistan’s Independence Day, Fatima Fertilizer brought together the power of music and national pride through its first-ever ‘Dil Se Sarsabz’ Milli Naghma Competition, held in Islamabad. The campaign invited individuals from across the country to record and share their renditions of classic patriotic songs on TikTok using the hashtag #DilSeSarsabz. The first prize was awarded to Tahir Ali Khan from Chakwal for an emotionally moving performance, the second prize winner was Shumaila Fareedon from Islamabad, and Mehtab Ali Talpur from Khairpur secured the third position.
- [Sindh govt, Green Crescent Trust together to transform academic landscape for deprived communities: Home Minister](https://businessplus.com.pk/sindh-govt-green-crescent-trust-together-to-transform-academic-landscape-for-deprived-communities-home-minister/) - Sindh Home and Law Minister, Ziaul Hassan Lanjar, has reaffirmed the provincial government’s wholehearted support for non-governmental organisations (NGOs) working to educate children from underprivileged communities across the province. He further stated that together, the Sindh government and Green Crescent Trust could transform the landscape of education for underserved communities across the province. Speaking as Sindh govt, Green Crescent Trust together to transform academic landscape for deprived communities: Home Minister Sindh Home and Law Minister, Ziaul Hassan Lanjar, has reaffirmed the provincial government’s wholehearted support for non-governmental organisations (NGOs) working to educate children from underprivileged communities across the province. He further stated that together, the Sindh government and Green Crescent Trust could transform the landscape of education for underserved communities across the province. Speaking as Sindh Minister Ziaul Hassan Lanjar for taking time from his pressing engagements to inaugurate our new school and demonstrate his unwavering commitment to the cause of educating children from deprived communities. - The Home Minister also announced that he would donate land to expand educational services of the GCT in Sindh.
- [TMC and SAP Lead the Charge Toward an AI-Enabled Future of Work](https://businessplus.com.pk/tmc-and-sap-lead-the-charge-toward-an-ai-enabled-future-of-work/) - In a decisive step toward reimagining the future of work, TMC Pvt. Ltd., in collaboration with SAP Pakistan, convened industry leaders at Digital HR, AI-Driven Experience, a high-impact conference held in Karachi. TMC and SAP Lead the Charge Toward an AI-Enabled Future of Work In a decisive step toward reimagining the future of work, TMC Pvt. Ltd., in collaboration with SAP Pakistan, convened industry leaders at Digital HR, AI-Driven Experience, a high-impact conference held in Karachi. Timed with Pakistan’s Independence Day, the event framed digital HR transformation as a national imperative by positioning people strategy as central to building The conference gathered influential voices from across business, HR, and digital innovation to highlight the urgent shift from traditional HR models to intelligent, AI-powered ecosystems.
- [Cars’ sale increase 21.82% in July 2025](https://businessplus.com.pk/cars-sale-increase-21-82-in-july-2025/) - The sale of cars during the first month of the current financial year 2025-26 has increased by 21.82 percent as compared to the same month of last year, According to the Pakistan Automobile Manufacturing Association (PAMA) report. Cars’ sale increase 21.82% in July 2025 Pakistan’s EV Scene Expands as Dewan Honri-VE Sells 24 Units in Debut Month. The sale of cars during the first month of the current financial year 2025-26 has increased by 21.82 percent as compared to the same month of last year, According to the Pakistan Automobile Manufacturing Association (PAMA) report. Latest data show, as many Toyota Corolla and Yaris cars sales also increased by 118.62 percent as it went up to 2,418 units from 1,106 units in July of the previous year. -
- [Pakistan business Confidence continues to mount: Gallup Survey](https://businessplus.com.pk/pakistan-business-confidence-continues-to-mount-gallup-survey/) - Pakistan business Confidence continues to mount, as per the latest Survey by Gallup for the second Quarter of Fiscal Year 2025 (April-May-Jun25). Pakistan business Confidence continues to mount: Gallup Survey Pakistan business Confidence continues to mount, as per the latest Survey by Gallup for the second Quarter of Fiscal Year 2025 (April-May-Jun25). The Confidence in Country direction hits a four-year high, best since quarter four of FY 2021. The Current business Conditions is strongest in Years, 61% rate excellent performance, in date released by Gallup The Confidence in Country direction hits a four-year high, best since quarter four of FY 2021. - According to a survey, the future optimism is holding steady, 61% expect business to improve ahead.
- [State Bank of Pakistan Declares August 14 a Public Holiday for All Financial Institutions](https://businessplus.com.pk/state-bank-of-pakistan-declares-august-14-a-public-holiday-for-all-financial-institutions/) - The State Bank of Pakistan (SBP), on Monday, announced that the central bank as well as all banking and financial institutions will remain closed on Thursday, August 14, 2025. State Bank of Pakistan Declares August 14 a Public Holiday for All Financial Institutions The State Bank of Pakistan (SBP), on Monday, announced that the central bank as well as all banking and financial institutions will remain closed on Thursday, August 14, 2025. The State Bank of Pakistan will remain closed on Thursday, August 14, 2025 being a public holiday on the occasion of ‘Independence Day’ as declared by The State Bank of Pakistan will remain closed on Thursday, August 14, 2025 being a public holiday on the occasion of ‘Independence Day’ as declared by the Government of Pakistan. - All banks, Micro Finance Banks, Development Finance Institutions and other financial institutions will remain closed on August 14 in observance of Independence day.
- [Huawei Deputy CEO Urges Telecom Reform to Unlock Pakistan’s Digital Potential at GSMA Summit](https://businessplus.com.pk/huawei-deputy-ceo-urges-telecom-reform-to-unlock-pakistans-digital-potential-at-gsma-summit/) - The GSMA Digital Nation Summit 2025 brought together senior leaders from government, telecom, fintech, and global development agencies to chart a roadmap for a secure, inclusive, and innovation-driven digital Pakistan. Huawei Deputy CEO Urges Telecom Reform to Unlock Pakistan’s Digital Potential at GSMA Summit The GSMA Digital Nation Summit 2025 brought together senior leaders from government, telecom, fintech, and global development agencies to chart a roadmap for a secure, inclusive, and innovation-driven digital Pakistan. A key highlight of the summit was the participation of Ahmed Bilal Masud, Deputy CEO of Huawei Pakistan, in a high-level panel discussion focused on A key highlight of the summit was the participation of Ahmed Bilal Masud, Deputy CEO of Huawei Pakistan, in a high-level panel discussion focused on Unlocking Investment – Creating a Sustainable and Competitive Telecom Environment. - The session also highlighted how emerging technologies such as 5G, AI, and cloud infrastructure can unlock new investment opportunities, drive efficiencies, and improve digital service delivery across sectors.
- [Algeria, Pakistan’s Fatima Group sign MoU to boost phosphate fertilizer production](https://businessplus.com.pk/algeria-pakistans-fatima-group-sign-mou-to-boost-phosphate-fertilizer-production/) - Algeria and Pakistan’s Fatima Group have signed a memorandum of understanding (MoU) to boost phosphate fertilizer production, agreement between Algeria’s industrial mining group Sonarem, represented by its subsidiary Somiphos and Pakistan’s Fatima Group was signed on August 6, 2025, in Algiers. The MoU aims to establish a framework for cooperation between the two parties, focusing on Algeria, Pakistan’s Fatima Group sign MoU to boost phosphate fertilizer production Algeria and Pakistan’s Fatima Group have signed a memorandum of understanding (MoU) to boost phosphate fertilizer production, agreement between Algeria’s industrial mining group Sonarem, represented by its subsidiary Somiphos and Pakistan’s Fatima Group was signed on August 6, 2025, in Algiers. The MoU aims to establish a framework for cooperation between the two parties, focusing on The MoU aims to establish a framework for cooperation between the two parties, focusing on the commercialization of phosphate extracted from the Bir El Ater deposit, which contains over 850 million tons of reserves. - The partnership will explore opportunities for investment and industrial projects in both the Algerian and Pakistani markets, as well as other international markets. It will focus on developing, benefiting and processing phosphate reserves from the Bir El Ater mine.
- [Workers’ Remittances Surge to $3.2B in July 2025](https://businessplus.com.pk/workers-remittances-surge-to-3-2b-in-july-2025/) - The overseas workers’ remittances recorded an inflow of US$3.2 billion during July 2025, the State Bank of Pakistan (SBP) reported on Friday. Workers’ Remittances Surge to $3.2B in July 2025 The overseas workers’ remittances recorded an inflow of US$3.2 billion during July 2025, the State Bank of Pakistan (SBP) reported on Friday. During July 2025, workers’ remittances to Pakistan showed a notable year-on-year growth of 7.4%, reflecting increased financial support from overseas Pakistanis. Remittances inflows during July 2025 were mainly sourced from Saudi Arabia (US$823.7 million), During July 2025, workers’ remittances to Pakistan showed a notable year-on-year growth of 7.4%, reflecting increased financial support from overseas Pakistanis. - Remittances inflows during July 2025 were mainly sourced from Saudi Arabia (US$823.7 million), United Arab Emirates (US$665.2 million), United Kingdom (US$450.4 million) and United States of America (US$269.6 million).
- [Raast QR Code Display Now Mandatory for Retailers—Deadline August 31](https://businessplus.com.pk/raast-qr-code-display-now-mandatory-for-retailers-deadline-august-31/) - The Prime Minister’s Office (PMO) has directed all federal ministries, provincial governments, and regulatory bodies to ensure that every retail outlet under their jurisdiction installs and prominently displays Raast QR codes by August 31, 2025. Raast QR Code Display Now Mandatory for Retailers—Deadline August 31 The Prime Minister’s Office (PMO) has directed all federal ministries, provincial governments, and regulatory bodies to ensure that every retail outlet under their jurisdiction installs and prominently displays Raast QR codes by August 31, 2025. The directive is part of a national push to accelerate the transition toward a cashless economy. The State Bank of The State Bank of Pakistan (SBP) has developed a national implementation strategy that includes rolling out Raast QR codes, Point of Sale (POS), and Soft POS systems at retail and commercial outlets across the country. - Ministry of Finance is working on a broader digital payments framework, including a cashless mechanism for Government-to-Person (G2P) and Person-to-Government (P2G) transactions, particularly within State-Owned Entities (SOEs).
- [Bank Alfalah Onboards 29 Future Leaders in the 11th Batch of its Management Trainee Program](https://businessplus.com.pk/bank-alfalah-onboards-29-future-leaders-in-the-11th-batch-of-its-management-trainee-program/) - Bank Alfalah, has welcomed 29 outstanding individuals into the 11th batch of its prestigious Alfa Lead Management Trainee Program 2025. Bank Alfalah Onboards 29 Future Leaders in the 11th Batch of its Management Trainee Program Bank Alfalah, has welcomed 29 outstanding individuals into the 11th batch of its prestigious Alfa Lead Management Trainee Program 2025. Launched in 2015, the program has successfully inducted over 329 management trainees, offering ambitious young professionals structured development, on-the-job learning, and strategic mentorship. The Alfa Lead Program continues to nurture the next generation of banking The program has successfully inducted over 329 management trainees, offering ambitious young professionals structured development, on-the-job learning, and strategic mentorship. - The Alfa Lead MT Program spans 12 months, offering a comprehensive and immersive training experience. Participants undergo intensive hands-on training, departmental rotations across key business functions, and direct mentorship from senior industry leaders.
- [SECP Rolls Out New Regulations to Enhance Mutual Fund Transparency](https://businessplus.com.pk/secp-rolls-out-new-regulations-to-enhance-mutual-fund-transparency/) - The Securities and Exchange Commission of Pakistan (SECP) has introduced a series of regulatory and developmental measures to reinforce the mutual funds industry and foster financial inclusion. SECP Rolls Out New Regulations to Enhance Mutual Fund TransparencyThe Securities and Exchange Commission of Pakistan (SECP) has introduced a series of regulatory and developmental measures to reinforce the mutual funds industry and foster financial inclusion. Commissioner Mr. Zeeshan Rehman Khattak reaffirmed the Commission’s commitment to investor protection, operational efficiency, and regulatory alignment with global standards. He emphasized the central role of digitization indriving A key initiative is the launch of a Digital Asset Management Companies (AMC) framework, which includes reduced minimum equity and fund size thresholds, fully digital onboarding, and streamlined operations—measures designed to boost innovation and accessibility. - These reforms reflect the SECP’s proactive approach to strengthening capital markets and ensuring sustainable, inclusive financial development in Pakistan.
- [Home appliance companies deposit Rs.90 Million fine to CCP](https://businessplus.com.pk/home-appliance-companies-deposit-rs-90-million-fine-to-ccp/) - The Competition Commission of Pakistan (CCP) has received a total amount of Rs.90 million from two electronic home appliance brands, paid against the penalties imposed for engaging in anti-competitive conduct. Home appliance companies deposit Rs.90 Million fine to CCP The Competition Commission of Pakistan (CCP) has received a total amount of Rs.90 million from two electronic home appliance brands, paid against the penalties imposed for engaging in anti-competitive conduct. The penalties were imposed after the CCP concluded that both companies had violated competition law by restricting their dealers from selling products below specified prices, The penalties were imposed after the CCP concluded that both companies had violated competition law by restricting their dealers from selling products below specified prices, offering discounts, or providing package deals—practices that limited price competition in the market - The Tribunal upheld the Commission’s findings and directed the companies to deposit the penalty amount within 30 days.
- [PTCL Expands Strategic Partnership with Teradata to Strengthen Data & Analytics Capabilities](https://businessplus.com.pk/ptcl-expands-strategic-partnership-with-teradata-to-strengthen-data-analytics-capabilities/) - PTCL Group (Pakistan Telecommunication Company Limited & Ufone 4G), Pakistan’s leading telecom and ICT services provider, has partnered with Teradata to transform and scale its Enterprise Data Warehouse platform. PTCL Expands Strategic Partnership with Teradata to Strengthen Data & Analytics Capabilities PTCL Group (Pakistan Telecommunication Company Limited & Ufone 4G), Pakistan’s leading telecom and ICT services provider, has partnered with Teradata to transform and scale its Enterprise Data Warehouse platform. This extended engagement marks a significant milestone in the PTCL Group’s journey toward digital excellence, aligned with its vision to become a data-driven, AI-enabled enterprise. This partnership This partnership extension will enable PTCL Group to scale its data infrastructure into a high-performance, intelligent platform capable of supporting real-time insights, smarter decision-making, and enhanced customer experiences. - The initiative is central to PTCL Group’s broader data and AI roadmap, aimed at creating operational agility and long-term service excellence.
- [Pakistan Secures Lowest Tariff Rates Among Regional Competitors, NA Informed](https://businessplus.com.pk/pakistan-secures-lowest-tariff-rates-among-regional-competitors-na-informed/) - Parliamentary Secretary for Commerce Zulfiqar Ali Bhatti clarified that the United States has not imposed any punitive tariffs on Pakistani exports, dispelling earlier concerns about potential trade restrictions. He emphasized that Pakistan continues to benefit from one of the lowest tariff rates among regional competitors, including India. Pakistan Secures Lowest Tariff Rates Among Regional Competitors, NA Informed Parliamentary Secretary for Commerce Zulfiqar Ali Bhatti clarified that the United States has not imposed any punitive tariffs on Pakistani exports, dispelling earlier concerns about potential trade restrictions. He emphasized that Pakistan continues to benefit from one of the lowest tariff rates among regional competitors, including India. He was responding to a question raised by Parliamentary Secretary for Commerce Zulfiqar Ali Bhatti clarified that the United States has not imposed any punitive tariffs on Pakistani exports, dispelling earlier concerns about potential trade restrictions. - Bhatti clarified that the concern was based on a time when the US tariffs had not yet been finalized. “Thankfully, today the situation has changed. Where once there was a 25% tariff on Indian goods, Pakistan’s direct tariff has now been reduced to one of the lowest in the region.
- [SECP Sets Historic Record with 4,065 Company Registrations in July 2025](https://businessplus.com.pk/secp-sets-historic-record-with-4065-company-registrations-in-july-2025/) - The Securities and Exchange Commission of Pakistan (SECP) has achieved a historic milestone by registering a record 4,065 companies in July 2025—the highest monthly registrations to date, surpassing the previous record of 3,609 set in May With 99.9% of incorporations processed digitally. SECP Sets Historic Record with 4,065 Company Registrations in July 2025 Private limited companies accounted for 57% of new registrations, followed by single member companies at 39%. The remaining 4% comprised public unlisted companies, not-for-profit organizations, companies limited by guarantee, and limited liability partnerships. The Securities and Exchange Commission of Pakistan (SECP) has achieved a historic milestone by registering a record 4,065 companies in July 2025—the Private limited companies accounted for 57% of new registrations, followed by single member companies at 39%. The remaining 4% comprised public unlisted companies. - SECP issued a total of 60 licenses during the month across multiple regulatory domains, including five in capital markets, one in insurance, two to non-banking financial companies (NBFCs), and fifty-two to not-for-profit associations.
- [Pakistan’s exports to China is drop from 8.60 per cent to $2476.790 million](https://businessplus.com.pk/pakistans-exports-to-china-is-drop-from-8-60-per-cent-to-2476-790-million/) - Pakistan’s exports to China witnessed a decrease of 8.60 per cent from $2709.901 million last year to $2476.790 million. Pakistan’s exports to China is drop from 8.60 per cent to $2476.790 million China tops the list of the countries in terms of Pakistan’s exports to its neighboring countries, leaving behind other countries such as Bangladesh and Afghanistan. Pakistan’s exports to the seven regional countries increased by 2.08 percent during the fiscal year 2024-25. The country’s exports to the regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, Pakistan’s exports to the seven regional countries increased by 2.08 percent during the fiscal year 2024-25. - The country’s exports to Bangladesh also increased by 19.08 per cent to $787.348 million from $661.192 million.
- [foodpanda Drives $1.2 Billion Economic Growth in Pakistan, Independent Study Confirms](https://businessplus.com.pk/foodpanda-drives-1-2-billion-economic-growth-in-pakistan-independent-study-confirms/) - foodpanda, today announced the release of its comprehensive ‘Economic Impact Assessment of foodpanda in Pakistan’ study, independently conducted by the Lahore University of Management Sciences (LUMS). foodpanda’s Tech-Enabled Growth Fuels $1.2 Billion Economic Impact in Pakistan foodpanda, today announced the release of its comprehensive ‘Economic Impact Assessment of foodpanda in Pakistan’ study, independently conducted by the Lahore University of Management Sciences (LUMS). The first-of-its-kind study unveils the significant economic contributions of foodpanda to Pakistan’s economy. The study, spearheaded by an accomplished team at LUMS, utilized primary and secondary data sources including The study reveals a projected USD 1.2 Billion (PKR 335 billion) contribution to Pakistan's economy in FY 2023-24 - The study also finds strong multiplier effects across food, hospitality, manufacturing, transport, and retail.
- [OpenAI Launches Free Access to Downloadable Language Models](https://businessplus.com.pk/openai-launches-free-access-to-downloadable-language-models/) - OpenAI released two new artificial intelligence (AI) models that can be downloaded for free and altered by users, to challenge similar offerings by US and Chinese competition. OpenAI Launches Free Access to Downloadable Language Models OpenAI released two new artificial intelligence (AI) models that can be downloaded for free and altered by users, to challenge similar offerings by US and Chinese competition. The release of gpt-oss-120b and gpt-oss-20b “open-weight language models” comes as the ChatGPT-maker is under pressure to share inner workings of its software in the spirit of its The new, text-only models deliver strong performance at low cost, according to OpenAI, which said they are suited for AI jobs like searching the internet or executing computer code, and are designed to be easy to run on local computer systems. - An open-weight model, in the context of generative AI, is one in which the trained parameters are made public, enabling users to fine-tune it.
- [AD Ports Group opens office in Islamabad](https://businessplus.com.pk/ad-ports-group-opens-office-in-islamabad/) - Federal Minister for Maritime Affairs Muhammad Junaid Anwar said that inauguration of AD Ports Group office in Islamabad would strengthen maritime and logistics cooperation between Pakistan and the United Arab Emirates (UAE). AD Ports Group opens office in Islamabad Federal Minister for Maritime Affairs Muhammad Junaid Anwar said that inauguration of AD Ports Group office in Islamabad would strengthen maritime and logistics cooperation between Pakistan and the United Arab Emirates (UAE). Speaking at the inaugural ceremony, the minister said the establishment of the AD Ports Group’s presence in Islamabad reflects the deepening strategic partnership between AD Ports Group’s presence in Islamabad reflects the deepening strategic partnership between the two nations and signals a shared vision for transforming the maritime and logistics landscape of the region. - AD Ports Group’s growing role in Pakistan’s maritime sector, particularly in improving port operations.
- [DWP Group launches ‘Tameer-e-Mustaqbil’ to empower the next generation of professionals](https://businessplus.com.pk/dwp-group-launches-tameer-e-mustaqbil-to-empower-the-next-generation-of-professionals/) - DWP Group has officially launched its flagship paid internship program, Tameer-e-Mustaqbil. The program marks a significant step forward in DWP Group’s commitment to nurturing young talent and building a stronger employer brand within Pakistan’s corporate sector. DWP Group launches ‘Tameer-e-Mustaqbil’ to empower the next generation of professionals DWP Group has officially launched its flagship paid internship program, Tameer-e-Mustaqbil. The program marks a significant step forward in DWP Group’s commitment to nurturing young talent and building a stronger employer brand within Pakistan’s corporate sector. Designed as a structured, three-month development journey, Tameer-e-Mustaqbil is tailored to offer high-potential graduates a robust platform for professional The program offers interns a comprehensive experience, including direct mentorship from industry leaders, cross-functional exposure, and participation in real-time projects that emphasize innovation and collaboration. -
- [Guinot Paris Skincare Now in Karachi – Visit Shaheed-e-Millat Branch Today](https://businessplus.com.pk/guinot-paris-skincare-now-in-karachi-visit-shaheed-e-millat-branch-today/) - Guinot Shaheed-e-Millat offers a luxurious retreat right in the heart of the city. Strategically located near PECHS, Tariq Road, Bahadurabad, Tipu Sultan, Nursery, and the bustling Shaheed-e-Millat Road, our salon brings the timeless elegance of French beauty to modern Karachiites. Guinot Paris Skincare Now in Karachi – Visit Shaheed-e-Millat Branch Today If you’re looking for premium skincare, beauty, and wellness treatments in Karachi, Guinot Shaheed-e-Millat offers a luxurious retreat right in the heart of the city. Strategically located near PECHS, Tariq Road, Bahadurabad, Tipu Sultan, Nursery, and the bustling Shaheed-e-Millat Road, our salon brings the timeless elegance of French beauty to modern Karachiites. Whether you're a Indulge in the luxury you deserve. Whether it's a quick facial, a full bridal makeover, or a relaxing massage session, Guinot Salon in Shaheed-e-Millat is your sanctuary for premium skincare and wellness in Karachi. - Whether you're a bride-to-be, a working professional, or simply someone who values self-care, Guinot Salon Karachi is your go-to destination for world-class treatments, hygienic ambiance, and certified specialists.
- [Al-Ghazi Tractors joins hands with ChildLife Foundation to support pediatric emergency patients](https://businessplus.com.pk/al-ghazi-tractors-joins-hands-with-childlife-foundation-to-support-pediatric-emergency-patients/) - Al-Ghazi Tractors Limited, a leader in Pakistan’s agricultural machinery industry, recently organized a heartwarming Toy Donation Drive in collaboration with ChildLife Foundation, reaffirming its commitment to corporate social responsibility and community well-being. Al-Ghazi Tractors joins hands with ChildLife Foundation to support pediatric emergency patients Al-Ghazi Tractors Limited, a leader in Pakistan’s agricultural machinery industry, recently organized a heartwarming Toy Donation Drive in collaboration with ChildLife Foundation, reaffirming its commitment to corporate social responsibility and community well-being. In a heartening show of solidarity, Al-Ghazi Tractors employees came together to spread moments of joy and comfort to young patients at Mayo The initiative provided young patients with more than just toys—it brought emotional relief and moments of joy within the sterile environment of a hospital ward. - Al-Ghazi Tractors employees came together to spread moments of joy and comfort to young patients at Mayo Hospital’s pediatric emergency department. More than 100 toys, including stuffed animals, puzzles, board games, and other child-friendly items — were generously donated by team members.
- [Pakistan's Global Transport Services Yield $878M in 11-Month Export Surge](https://businessplus.com.pk/pakistans-global-transport-services-yield-878m-in-11-month-export-surge/) - Pakistan earned US $878.295 million by providing different transport services in various countries during the first eleven months of the fiscal year (2024-25). This shows an increase of 25.06 percent, the Pakistan Bureau of Statistics (PBS) reported. Pakistan's Global Transport Services Yield $878M in 11-Month Export Surge Pakistan earned US $878.295 million by providing different transport services in various countries during the first eleven months of the fiscal year (2024-25). This shows an increase of 25.06 percent, the Pakistan Bureau of Statistics (PBS) reported. The exports of sea transport services witnessed an increase of 1.34 percent, going up from $100.952 million last The exports of sea transport services witnessed an increase of 1.34 percent, going up from $100.952 million last year to $102.305 million. - The exports of air transport also increased by 25.77 percent going up from $574.910 million last year to $723.079 million during July-May 2024-25.
- [Pakistan’s exports to US increase 10.72% in FY 2025](https://businessplus.com.pk/pakistans-exports-to-us-increase-10-72-in-fy-2025/) - Pakistan’s export of goods and services to the United States (US) witnessed an increase of 10.72 percent during the fiscal year 2024-25 as compared to the exports of the last year 2023-24, State Bank of Pakistan (SBP) reported. Pakistan’s exports to US increase 10.72% in FY 2025 Pakistan’s export of goods and services to the United States (US) witnessed an increase of 10.72 percent during the fiscal year 2024-25 as compared to the exports of the last year 2023-24, State Bank of Pakistan (SBP) reported. The overall exports to the US were recorded at US $6.028 billion during July-June (2024-25) against exports On a year-to-year basis, the exports to the US also surged to $475.600 million in June 2025 against the export of $444.589 million in June 2024. - Meanwhile, on a month-on-month basis, the exports to the US witnessed a decrease of 7.85 percent during June 2025 as compared to the exports of $516.149 million in May 2025, the SBP data revealed.
- [US Tariff Deal Set to Boost Pakistani Exports, Finance Ministry Confirms](https://businessplus.com.pk/us-tariff-deal-set-to-boost-pakistani-exports-finance-ministry-confirms/) - The new tariff agreement with the United States is expected to enhance market access, strengthen trade flows, and boost Pakistani exports in various sectors, thereby contributing to economic growth, According to the Ministry of Finance. US Tariff Deal Set to Boost Pakistani Exports, Finance Ministry Confirms The new tariff agreement with the United States is expected to enhance market access, strengthen trade flows, and boost Pakistani exports in various sectors, thereby contributing to economic growth, According to the Ministry of Finance. In a press statement, the ministry expressed satisfaction over the successful conclusion of tariff-related discussions with the United States, adding The ministry expressed satisfaction over the successful conclusion of tariff-related discussions with the United States, adding that, as a result of these talks, a 19% tariff will be applicable to Pakistani exports entering the U.S. market. - “The Ministry of Finance, in close coordination with relevant stakeholders, believes that the current tariff arrangement presents a significant opportunity to expand Pakistan’s footprint in the U.S. market.”
- [Pakistan's Liquid Foreign Reserves Surge to $19.61 Billion](https://businessplus.com.pk/pakistans-liquid-foreign-reserves-surge-to-19-61-billion/) - The total liquid foreign reserves of Pakistan stood at $ 19,607 million as of July 25, 2025 . Pakistan's Liquid Foreign Reserves Surge to $19.61 Billion The total liquid foreign reserves of Pakistan stood at $ 19,607 million as of July 25, 2025 while the reserves held by the State Bank of Pakistan were recorded as $ 14,303.9 million. “During the week ended on 25-Jul-2025, SBP reserves decreased by US$ 153 million to US$ 14,303.9 million due to external debt repayments,” The total liquid foreign reserves of Pakistan stood at $ 19,607 million as of July 25, 2025 while the reserves held by the State Bank of Pakistan were recorded as $ 14,303.9 million. - Among them the central bank held foreign reserves amounting to $ 14,456.6 million while the commercial banks held $ 5,460.9 million.
- [Fatima Fertilizer brings a unique Independence Day celebration with the launch of ‘Dil Se Sarsabz’ Milli Naghma Competition](https://businessplus.com.pk/fatima-fertilizer-brings-a-unique-independence-day-celebration-with-the-launch-of-dil-se-sarsabz-milli-naghma-competition/) - Giving a new spirit to the Independence Day celebrations, Fatima Fertilizer has, for the first time, taken a unique approach by engaging the youth through its ‘Dil Se Sarsabz’ Milli Naghma singing competition. Fatima Fertilizer brings a unique Independence Day celebration with the launch of ‘Dil Se Sarsabz’ Milli Naghma Competition Giving a new spirit to the Independence Day celebrations, Fatima Fertilizer has, for the first time, taken a unique approach by engaging the youth through its ‘Dil Se Sarsabz’ Milli Naghma singing competition. This nationwide contest aims to revive the patriotic spirit and empower young Pakistanis through music and digital creativity, making Independence Day celebrations This nationwide contest aims to revive the patriotic spirit and empower young Pakistanis through music and digital creativity, making Independence Day celebrations more vibrant and inclusive than ever before. - The campaign invites people across Pakistan to participate by recording a video of themselves singing any classic Milli Naghma and uploading it on TikTok using the hashtag #DilSeSarsabz.
- [Spotify Reports Q2 2025 Earnings](https://businessplus.com.pk/spotify-reports-q2-2025-earnings/) - Spotify released its Q2 2025 earnings today, highlighting accelerating growth in subscriber and Monthly Active Users (MAUs), alongside continued improvements in profitability. Spotify Reports Q2 2025 Earnings Spotify Delivers Another Strong Quarter; Premium Subscribers and Profitability Continue Upward Trend Spotify released its Q2 2025 earnings today, highlighting accelerating growth in subscriber and Monthly Active Users (MAUs), alongside continued improvements in profitability. In the first half of 2025, subscriber net additions grew more than 30% compared to the first half of 2024, and In the first half of 2025, subscriber net additions grew more than 30% compared to the first half of 2024, and this marks the company’s second highest Q2 for MAU net additions. - Premium Subscribers grew 12% Y/Y to 276 million, driven by strong performance in both mature and emerging markets.
- [BYD Shark 6, Pakistan’s First Luxury Pickup, Now Available for Bookings](https://businessplus.com.pk/byd-shark-6-pakistans-first-luxury-pickup-now-available-for-bookings/) - BYD Pakistan – Mega Motor Company (MMC) unveiled the BYD Shark 6, a category-defining plug-in hybrid (PHEV) pickup and the first of its kind in the country. The BYD Shark 6 is the biggest, fastest, and most powerful PHEV ever introduced to the local market, representing a bold new direction in the local pickup segment. BYD Shark 6, Pakistan’s First Luxury Pickup, Now Available for Bookings BYD Pakistan – Mega Motor Company (MMC) unveiled the BYD Shark 6, a category-defining plug-in hybrid (PHEV) pickup and the first of its kind in the country. The BYD Shark 6 is the biggest, fastest, and most powerful PHEV ever introduced to the local market, representing a bold new direction in the local pickup segment.
- [Noor Zaman Embarks on Global Squash Journey with PTCL Group](https://businessplus.com.pk/noor-zaman-embarks-on-global-squash-journey-with-ptcl-group/) - PTCL Group (PTCL & Ufone 4G), the country’s leading telecom and ICT services provider, has signed a partnership with Pakistan’s No. 1 squash player and U23 World Champion, Noor Zaman, as part of its continued commitment to support national sports and emerging talent. Noor Zaman Embarks on Global Squash Journey with PTCL Group PTCL Group (PTCL & Ufone 4G), the country’s leading telecom and ICT services provider, has signed a partnership with Pakistan’s No. 1 squash player and U23 World Champion, Noor Zaman, as part of its continued commitment to support national sports and emerging talent. Noor Zaman, the grandson of squash legend Qamar Zaman, is at the
- [DWP Technologies leads the digitalization of the higher education sector](https://businessplus.com.pk/dwp-technologies-leads-the-digitalization-of-the-higher-education-sector/) - DWP Technologies, a leading provider of digital infrastructure solutions, is proud to participate in the Pakistan Digital Leap: Transforming Higher Education and event by the Higher Education Commission (HEC) in collaboration with the World Bank and the Higher Education Development Program. DWP Technologies leads the digitalization of the higher education sector DWP Technologies, a leading provider of digital infrastructure solutions, is proud to participate in the Pakistan Digital Leap: Transforming Higher Education and event by the Higher Education Commission (HEC) in collaboration with the World Bank and the Higher Education Development Program (HEDP). The prestigious ceremony was attended by HEC Chairman Dr. Mukhtar Ahmed and key DWP Technologies has successfully designed, built, and deployed a state-of-the-art Tier-III Certified Astrolabe Data Centre for the Higher Education Commission (HEC), marking a significant step toward strengthening Pakistan’s digital and academic infrastructure. - The project was executed by DWP Technologies in two strategic phases, leveraging cutting-edge containerized solutions to enhance efficiency, security, and scalability for the growing digital demands of higher education in the country.
- [CCP Recovers Rs.150 Million from Reckitt Benckiser Over Strepsils Misleading Ads](https://businessplus.com.pk/ccp-recovers-rs-150-million-from-reckitt-benckiser-over-strepsils-misleading-ads/) - The Competition Commission of Pakistan (CCP) has recovered a penalty of Rs.150 million from Reckitt Benckiser Pakistan Limited for the deceptive marketing of its product Strepsils. CCP Recovers Rs.150 Million from Reckitt Benckiser Over Strepsils Misleading Ads The Competition Commission of Pakistan (CCP) has recovered a penalty of Rs.150 million from Reckitt Benckiser Pakistan Limited for the deceptive marketing of its product Strepsils. The recovery was made by attaching the company’s bank account after the dismissal of its appeal by the Competition Appellate Tribunal (CAT). Section 40(2)(a) of the Competition Act, 2010, The CCP had imposed the fine on Reckitt Benckiser for misleading consumers by presenting Strepsils as a medicated remedy for sore throats. - As a result, a penalty of Rs.150 million was imposed. Reckitt Benckiser filed an appeal against the CCP’s order, but the CAT dismissed the appeal due to non-prosecution.
- [PSO expands women’s driving, riding training program across Pakistan](https://businessplus.com.pk/pso-expands-womens-driving-riding-training-program-across-pakistan/) - Pakistan State Oil (PSO) has expanded its flagship women’s skill development initiative, PSO Shaheen, by launching the second phase and quadrupling the reach in Lahore and Islamabad. PSO expands women’s driving, riding training program across Pakistan Pakistan State Oil (PSO) has expanded its flagship women’s skill development initiative, PSO Shaheen, by launching the second phase and quadrupling the reach in Lahore and Islamabad. Following the success of the initial rollout, the program continues to equip women with essential car driving and bike riding skills to enhance their mobility and confidence. The Following the success of the initial rollout, the program continues to equip women with essential car driving and bike riding skills to enhance their mobility and confidence. - In Phase 1, an impressive 82% of trained women successfully obtained their driving licenses and certificates, demonstrating the program’s effectiveness.
- [JLL Withdraws from Roosevelt Hotel Advisory Over Potential Conflict of Interest](https://businessplus.com.pk/jll-withdraws-from-roosevelt-hotel-advisory-over-potential-conflict-of-interest/) - #post_excerptJLL Withdraws from Roosevelt Hotel Advisory Over Potential Conflict of InterestThe Jones Lang LaSalle (JLL), a leading global real estate services firm, acting as Financial Advisor for privatization of Roosevelt Hotel, has formally conveyed its decision to resign from the assignment owing to the emergence of a potential conflict of interest. JLL was appointed in January 2024 through a competitive process to advise the government JLL conducted comprehensive due diligence on the property, providing detailed reports on the transaction structure. These reports analyzed various transaction options, aligning with international best practices and market dynamics. - JLL has cited heightened interest in Roosevelt Hotel from many of its own clients, post cancellation of its lease agreement with NY City, as the reason for their decision to withdraw from the assignment.
- [Emirates wins ‘Best Long-Haul Airline’ at Telegraph Travel Awards 2025](https://businessplus.com.pk/emirates-wins-best-long-haul-airline-at-telegraph-travel-awards-2025/) - Emirates has once again claimed the top spot as the “Best Long Haul Airline” at The Telegraph Travel Awards 2025. Emirates wins ‘Best Long-Haul Airline’ at Telegraph Travel Awards 2025 Emirates has once again claimed the top spot as the “Best Long Haul Airline” at The Telegraph Travel Awards 2025. The airline was voted the best long-haul carrier in the world by 20,000 Telegraph Travel readers. The award ceremony, held recently in London, saw Helen Breen, Emirates’ Leisure Sales Manager in the UK, accept the The award ceremony, held recently in London, saw Helen Breen, Emirates’ Leisure Sales Manager in the UK, accept the award on behalf of the airline. -
- [Meta Announces New Safety Updates to Better Protect Teens and Children Online](https://businessplus.com.pk/meta-announces-new-safety-updates-to-better-protect-teens-and-children-online/) - Meta has announced a set of new tools and updates aimed at strengthening protection for teens and children on its platforms, including Instagram and Facebook. These updates include improvements to direct messaging for teen users, expanded nudity protection, and enhanced safeguards for adult-managed accounts that primarily feature children. Meta Announces New Safety Updates to Better Protect Teens and Children Online Meta has announced a set of new tools and updates aimed at strengthening protection for teens and children on its platforms, including Instagram and Facebook. These updates include improvements to direct messaging for teen users, expanded nudity protection, and enhanced safeguards for adult-managed accounts that primarily feature children. Teen Accounts will now display more contextual These updates include improvements to direct messaging for teen users, expanded nudity protection, and enhanced safeguards for adult-managed accounts that primarily feature children. - Teen Accounts will now display more contextual information about who people are messaging with, including safety tips, account creation date, and a new option to block and report a message sender in one go.
- [PortVerse Connects World Ports Through Smart Trade Technology](https://businessplus.com.pk/portverse-connects-world-ports-through-smart-trade-technology/) - To enhance transparency, speed, and efficiency in maritime trade, the Pakistan Single Window (PSW) has officially launched PortVerse—a state-of-the-art Maritime Single Window platform. Announced by PSW CEO Syed Aftab Haider. PortVerse Connects World Ports Through Smart Trade Technology To enhance transparency, speed, and efficiency in maritime trade, the Pakistan Single Window (PSW) has officially launched PortVerse—a state-of-the-art Maritime Single Window platform. Announced by PSW CEO Syed Aftab Haider, this initiative aims to digitize port operations, reduce procedural bottlenecks, and facilitate seamless data exchange among stakeholders in the shipping ecosystem. The PSW launched the The PSW launched the platform in collaboration with the Ministry of Maritime Affairs, with an objective to automate port operations, reduce costs and delays, and bring transparency and efficiency in line with international standards.
- [Al Baraka Bank Pakistan Limited Selects PTCL for Colocation Primary Data Center](https://businessplus.com.pk/al-baraka-bank-pakistan-limited-selects-ptcl-for-colocation-primary-data-center/) - Pakistan Telecommunication Company Limited (PTCL) and Al Baraka Bank Pakistan Limited have signed an agreement for the provision of primary Data Center colocation services at PTCL’s Tier-III Data Center facility.
- [WaterAid and PepsiCo foundation celebrate urban water initiative milestone](https://businessplus.com.pk/wateraid-and-pepsico-foundation-celebrate-urban-water-initiative-milestone/) - WaterAid Pakistan marked the successful conclusion of its three-year Urban Water initiative with a high-level learning and closing event in Karachi. WaterAid and PepsiCo foundation celebrate urban water initiative milestone WaterAid Pakistan marked the successful conclusion of its three-year Urban Water initiative with a high-level learning and closing event in Karachi. The initiative, launched in 2022 with the support of the PepsiCo Foundation, focused on improving access to clean drinking water and promoting sustainable hygiene practices in underserved urban settlements, schools and healthcare facilities across The project directly benefited tens of thousands of people through the installation of water filtration systems, hygiene promotion and the establishment of local water user committees to ensure the sustainability of services. - The event concluded with a reaffirmation of the collective commitment to accelerating progress on the Sustainable Development Goals, particularly SDG 6: Clean Water and Sanitation for All.
- [ADB lowers economic growth forecast for Asia-Pacific to 4.7%](https://businessplus.com.pk/adb-lowers-economic-growth-forecast-for-asia-pacific-to-4-7/) - ADB forecasts the region’s economies will grow by 4.7% this year, a 0.2 percentage point decline from the projection issued in April. The forecast for next year has been lowered to 4.6% from 4.7%, according to Asian Development Outlook (ADO) July 2025. ADB lowers economic growth forecast for Asia-Pacific to 4.7% The Asian Development Bank (ADB) lowered its growth forecasts for economies in developing Asia and the Pacific this year and next year. The downgrades are driven by expectations of reduced exports amid higher United States (U.S.) tariffs and global trade uncertainty, as well as weaker domestic demand. ADB forecasts the region’s economies will grow by The downgrades are driven by expectations of reduced exports amid higher United States (U.S.) tariffs and global trade uncertainty, as well as weaker domestic demand. - ADB forecasts the region’s economies will grow by 4.7% this year, a 0.2 percentage point decline from the projection issued in April. The forecast for next year has been lowered to 4.6% from 4.7%, according to Asian Development Outlook (ADO) July 2025.
- [SBP Releases MPC Meeting Calendar, Announces Bi-Annual Monetary Policy Reports](https://businessplus.com.pk/sbp-releases-mpc-meeting-calendar-announces-bi-annual-monetary-policy-reports/) - The State Bank of Pakistan, releasing the full year advance calendar of Monetary Policy Committee (MPC) meetings for Fiscal Year 2025-26 on Tuesday,. SBP Releases MPC Meeting Calendar, Announces Bi-Annual Monetary Policy Reports The State Bank of Pakistan, releasing the full year advance calendar of Monetary Policy Committee (MPC) meetings for Fiscal Year 2025-26 on Tuesday, announced publication of bi-annual Monetary Policy Reports to enhance transparency and boost stakeholders’ confidence. The central bank will update its projections for key macroeconomic indicators for the next half of the fiscal The central bank will update its projections for key macroeconomic indicators for the next half of the fiscal year in the monetary policy reports (MPRs) planned to be released within two weeks of the July and January MPC meetings. - The decision to publish a MPR on a biannual basis has been taken “in line with SBP’s Strategic Plan- Vision 2028- and to enhance transparency in the monetary policy formulation process.
- [SECP Awards First Digital-Only Non-Life Insurance License in Pakistan to Digi Insurance Limited](https://businessplus.com.pk/secp-awards-first-digital-only-non-life-insurance-license-in-pakistan-to-digi-insurance-limited/) - The Securities and Exchange Commission of Pakistan (SECP) has granted the country’s first-ever digital-only non-life insurance license to Digi Insurance Limited. SECP Awards First Digital-Only Non-Life Insurance License in Pakistan to Digi Insurance Limited The Securities and Exchange Commission of Pakistan (SECP) has granted the country’s first-ever digital-only non-life insurance license to Digi Insurance Limited, marking a significant milestone in the evolution of Pakistan’s insurance sector. The license has been issued under SECP’s progressive regulatory framework, reflecting its commitment to fostering innovation and enhancing access to financial services through Digi Insurance Limited is an indigenous insurtech company offering an end-to-end digital platform for the delivery of non-life insurance products. - The company’s business model is rooted in digital-first principles, with all key functions including policy issuance, customer onboarding, and claims management conducted exclusively through digital channels.
- [World’s No.1 PHEV Brand, BYD, Brings Game-Changing Technology to Pakistan](https://businessplus.com.pk/worlds-no-1-phev-brand-byd-brings-game-changing-technology-to-pakistan/) - The BYD Shark 6, introduced not just as Pakistan’s first PHEV pickup but also a category-defining product. The pickup delivers a combined range of 800 kilometers and fuel efficiency of up to 50 kilometers per liter (Combined fuel consumption - SOC 25%-100% (km/l)) through a 29.58 kWh battery delivering 436 HP and 650 Nm of torque, making it the fastest, most powerful pickup in the local market. World’s No.1 PHEV Brand, BYD, Brings Game-Changing Technology to Pakistan As countries around the world accelerate the shift away from internal combustion engine (ICE) vehicles, Pakistan is gradually aligning itself with global trends through policy direction and growing consumer interest in electric vehicles. The government’s New Energy Vehicle (NEV) policy, aimed at reducing carbon emissions and improving urban air quality, has already opened the door At a recent experiential workshop in Karachi, BYD Pakistan – Mega Motor Company became the first auto player to initiate this conversation, inviting automotive experts, media representatives, and industry stakeholders to share their Super DM Plug-in Hybrid Technology platform, using the BYD Shark 6 PHEV pickup as the showcase vehicle. - The BYD Shark 6, introduced not just as Pakistan’s first PHEV pickup but also a category-defining product.
- [RDA inflows rise to $10.563 Billion in June 2025](https://businessplus.com.pk/rda-inflows-rise-to-10-563-billion-in-june-2025/) - The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.563 billion by the end of June 2025 as compared to US $10.381 billion by May (2025) end. RDA inflows rise to $10.563 Billion in June 2025 The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.563 billion by the end of June 2025 as compared to US $10.381 billion by May (2025) end. The data showed that the inflows of remittances during May were recorded at US$ 182 million as compared to US$ 201 million in May The number of accounts registered under the programme also rose by 8,739 to 831,963 in June 2025 from 823,224 accounts in May 2025. - By the end of June, overseas Pakistanis have invested US $466 million in Naya Pakistan Certificates, US $926 million in Naya Pakistan Islamic Certificates, and US $70 million in Roshan Equity Investment.
- [Bank of Punjab Becomes Exclusive Financier for Apni Chhat Apna Ghar Housing Scheme](https://businessplus.com.pk/bank-of-punjab-becomes-exclusive-financier-for-apni-chhat-apna-ghar-housing-scheme/) - The Bank of Punjab (BoP) has signed a formal agreement with the Housing and Town Planning Agency (PHATA) to provide interest-free home construction loans under the Apni Chhat, Apna Ghar programme, starting from the fiscal year 2025-26. Bank of Punjab Becomes Exclusive Financier for Apni Chhat Apna Ghar Housing Scheme The Bank of Punjab (BoP) has signed a formal agreement with the Housing and Town Planning Agency (PHATA) to provide interest-free home construction loans under the Apni Chhat, Apna Ghar programme, starting from the fiscal year 2025-26. The Memorandum of Understanding (MoU) was signed at a ceremony attended by Punjab Minister for Housing and Urban Development Bilal
- [InfraZamin Pakistan, Sunridge Foods, and Bank Islami Launch Pakistan’s First Agri-Infrastructure Sukuk at PSX Gong Striking Ceremony](https://businessplus.com.pk/infrazamin-pakistan-sunridge-foods-and-bank-islami-launch-pakistans-first-agri-infrastructure-sukuk-at-psx-gong-striking-ceremony/) - InfraZamin Pakistan, Sunridge Foods (Pvt.) Limited, and Bank Islami marked a landmark moment at the Pakistan Stock Exchange (PSX) with a ceremonial gong strike to launch Pakistan’s first fully subscribed PKR 2 billion Agri-Infrastructure Sukuk. InfraZamin Pakistan, Sunridge Foods, and Bank Islami Launch Pakistan’s First Agri-Infrastructure Sukuk at PSX Gong Striking Ceremony InfraZamin Pakistan, Sunridge Foods (Pvt.) Limited, and Bank Islami marked a landmark moment at the Pakistan Stock Exchange (PSX) with a ceremonial gong strike to launch Pakistan’s first fully subscribed PKR 2 billion Agri-Infrastructure Sukuk. This Shariah-compliant Sukuk, is backed by a 100% principal credit guarantee from InfraZamin Pakistan and carries a long-term AAA rating, This Shariah-compliant Sukuk, is backed by a 100% principal credit guarantee from InfraZamin Pakistan and carries a long-term AAA rating, and fully subscribed by institutional investors. This represents a pioneering step towards sustainable financing via capital markets in the country’s agricultural sector. - The Sukuk issuance, led by BankIslami Pakistan Limited as the Mandated Lead Arranger and credit-enhanced by InfraZamin, has been assigned a AAA rating by VIS Credit Rating Company.
- [Emirates to introduce third daily flight to Mauritius](https://businessplus.com.pk/emirates-to-introduce-third-daily-flight-to-mauritius/) - Emirates has announced the introduction of a third daily flight to Mauritius, starting from 1st December, as part of its commitment to supporting inbound tourism to the island nation. Emirates to introduce third daily flight to Mauritius Emirates has announced the introduction of a third daily flight to Mauritius, starting from 1st December, as part of its commitment to supporting inbound tourism to the island nation. The additional service, to be operated by a Boeing 777 aircraft as EK709/710, will complement existing schedules and support the travel plans of Emirates customers planning Emirates currently serves Mauritius with two daily services aboard its flagship A380 aircraft, operating as EK701/702 and EK703/704. - The addition of the third daily service, under a codeshare arrangement with Air Mauritius, will provide convenient flight timings to support travel itineraries and enable seamless connectivity for customers from the Middle East, Europe and the Americas travelling to the Indian Ocean holiday spot.
- [Spotify Spotlights Pakistan’s Breakout Star Afusic as the RADAR Artist for Q3](https://businessplus.com.pk/spotify-spotlights-pakistans-breakout-star-afusic-as-the-radar-artist-for-q3/) - Spotify's RADAR Pakistan returns this quarter, spotlighting Afusic as its latest featured artist. Afusic is one of the country’s most compelling emerging voices in the indie music scene, and this milestone marks a significant moment in his rapidly rising career with his viral track “Pal Pal” being featured on the “RADAR Pakistan” playlist. Spotify Spotlights Pakistan’s Breakout Star Afusic as the RADAR Artist for Q3 Spotify's RADAR Pakistan returns this quarter, spotlighting Afusic as its latest featured artist. Afusic is one of the country’s most compelling emerging voices in the indie music scene, and this milestone marks a significant moment in his rapidly rising career with his viral track “Pal Pal” being featured on the “RADAR Pakistan” playlist. Affan Khan, Afusic is one of the country’s most compelling emerging voices in the indie music scene, and this milestone marks a significant moment in his rapidly rising career with his viral track “Pal Pal” being featured on the “RADAR Pakistan” playlist. - The popularity of his music is quite clearly reflected in the data released by Spotify, showcasing the surge in his listenership growing by over 440,000% in streams since its first playlist appearance on February 17 on “Fresh Finds Pakistan.
- [Junaid Anwar Chaudhry Reviews Gwadar-Gulf Ferry Service Proposals](https://businessplus.com.pk/junaid-anwar-chaudhry-reviews-gwadar-gulf-ferry-service-proposals/) - Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry held a telephonic conversation with the Chief Minister of Balochistan to discuss the scope and strategic importance of launching a ferry service from Gwadar to Gulf region. Junaid Anwar Chaudhry Reviews Gwadar-Gulf Ferry Service Proposals Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry held a telephonic conversation with the Chief Minister of Balochistan to discuss the scope and strategic importance of launching a ferry service from Gwadar to Gulf region. The conversation took place during a high-level meeting chaired by the Minister to review the progress on the proposed The meeting also reviewed proposals submitted by five private ferry operators. These proposals outlined the technical, operational, and financial aspects of launching new maritime routes from Gwadar. - The envisioned ferry routes are expected to link Gwadar Port with key destinations in the Gulf region, offering an affordable and efficient alternative for both passenger travel and cargo transport.
- [Pakistan’s Textile Exports Surge 7.39% to $17.89 Billion in FY2025](https://businessplus.com.pk/pakistans-textile-exports-surge-7-39-to-17-89-billion-in-fy2025/) - The textile exports from the country were recorded at $ 17,887.038 million during the fiscal year 2024-25. Pakistan’s Textile Exports Surge 7.39% to $17.89 Billion in FY2025 The textile exports from the country were recorded at $ 17,887.038 million during the fiscal year 2024-25 against the exports of $ 16,655.899 million during the last year. The textile commodities that contributed in trade growth included knitwear, the export of which increased by 13.68 percent to $ 5,010.467 million from $ 4,407.573 million while The textile commodities that contributed in trade growth included knitwear, the export of which increased by 13.68 percent to $ 5,010.467 million from $ 4,407.573 million while the export of bed wear surged by 11.07 percent to $ 3,112.848 million from $ 2,802.670 million. - The textile exports in June 2025 were recorded $1,521.716 million against the exports of $1,414.417 million in June 2024.
- [EV Adoption in Pakistan Could Save Billions, Drive Economic Growth, PM](https://businessplus.com.pk/ev-adoption-in-pakistan-could-save-billions-drive-economic-growth-pm/) - Prime Minister Shehbaz Sharif said that encouraging the use of electric vehicles (EVs) will help save billions of dollars in valuable foreign exchange spent on fuel, support environmental protection efforts, and promote the local industry. EV Adoption in Pakistan Could Save Billions, Drive Economic Growth, PM Prime Minister Shehbaz Sharif said that encouraging the use of electric vehicles (EVs) will help save billions of dollars in valuable foreign exchange spent on fuel, support environmental protection efforts, and promote the local industry. Chairing a meeting on encouraging usage of electric vehicles in the country, the prime minister directed to prepare a comprehensive The prime minister instructed that concrete steps be taken to establish a complete ecosystem for the manufacturing and maintenance of electric vehicles in the country. - More than 100,000 electric bikes and over 300,000 and loaders will be made available to the public under easy loans and at low costs through government support.
- [Pakistan signs Bitcoin collaboration pact with El Salvador](https://businessplus.com.pk/pakistan-signs-bitcoin-collaboration-pact-with-el-salvador/) - In a significant move toward digital innovation, Pakistan and El Salvador have signed a Letter of Intent (LoI) to collaborate on initiatives related to Bitcoin and digital assets. Pakistan signs bitcoin collaboration pact with El Salvador In a significant move toward digital innovation, Pakistan and El Salvador have signed a Letter of Intent (LoI) to collaborate on initiatives related to Bitcoin and digital assets. The agreement was finalized during a high-level meeting in San Salvador between Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, and Salvadoran President Nayib Pakistan’s engagement signals an intent to draw from El Salvador’s experience in leveraging Bitcoin to drive financial inclusion, attract investment, and promote economic resilience. - The collaboration follows Pakistan’s broader efforts to regulate and promote digital assets, including the planned establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA) and consideration of a national Bitcoin reserve.
- [Summer Sorted: Dubai Delivers, Emirates Elevates](https://businessplus.com.pk/summer-sorted-dubai-delivers-emirates-elevates/) - As summer temperatures rise, Emirates invites travellers to reimagine their plans with Dubai - a city purpose-built for comfort, discovery, and world-class experiences all year round. Summer Sorted: Dubai Delivers, Emirates Elevates Exclusive perks and world-class infrastructure keep travellers cool in the city built for the season As summer temperatures rise, Emirates invites travellers to reimagine their plans with Dubai - a city purpose-built for comfort, discovery, and world-class experiences all year round. With exclusive benefits for Emirates passengers and seamless connections through the airline’s extensive global With exclusive benefits for Emirates passengers and seamless connections through the airline’s extensive global network, Dubai is not only a rewarding summer destination, but also an ideal stopover for travellers. - Emirates offers a travel experience designed for comfort and enjoyment at every stage of the journey. Customers across all cabins can enjoy regionally inspired meals, complimentary beverages, and ice, Emirates’ award-winning inflight entertainment system, offering more than 6,500 channels of movies, music, TV, and more.
- [NDMA warns of urban flooding as heavy rain looms](https://businessplus.com.pk/ndma-warns-of-urban-flooding-as-heavy-rain-looms/) - The National Disaster Management Authority (NDMA) has warned of urban flooding and rising water levels in seasonal streams and rivers across multiple regions of Pakistan due to expected heavy rainfall over the next 24 hours. NDMA warns of urban flooding as heavy rain looms Rawalpindi and Islamabad are expected to experience intermittent torrential rainfall over the next 24 to 48 hours. The National Disaster Management Authority (NDMA) has warned of urban flooding and rising water levels in seasonal streams and rivers across multiple regions of Pakistan due to expected heavy rainfall over the next 24 hours. According to the Rawalpindi and Islamabad are expected to experience intermittent torrential rainfall over the next 24 to 48 hours. - The NDMA has cautioned that the intense downpour may lead to a surge in Nullah Leh, posing a serious risk of flooding in low-lying areas.
- [Payoneer SVP: Pakistani SMBs Are Ready to Lead the Next Wave of Digital Entrepreneurship](https://businessplus.com.pk/payoneer-svp-pakistani-smbs-are-ready-to-lead-the-next-wave-of-digital-entrepreneurship/) - Senior Vice President (SVP) Nagesh Devata, at Payoneer for the Asia-Pacific region, shares insights into supporting small and medium-sized businesses (SMBs) in Pakistan and beyond. Payoneer SVP: Pakistani SMBs Are Ready to Lead the Next Wave of Digital Entrepreneurship Senior Vice President (SVP) Nagesh Devata, at Payoneer for the Asia-Pacific region, shares insights into supporting small and medium-sized businesses (SMBs) in Pakistan and beyond. Pakistan’s SMB sector, comprising around 5 million firms, contributes 40% to GDP and 25% to exports, with a rapidly growing digital economy fueled by a young, tech-savvy population and strong Pakistan’s SMB sector, comprising around 5 million firms, contributes 40% to GDP and 25% to exports, with a rapidly growing digital economy fueled by a young, tech-savvy population. -
- [ABHI partners with Younus Textile Mills to EWA](https://businessplus.com.pk/abhi-partners-with-younus-textile-mills-to-ewa/) - ABHI, an embedded finance platform, has partnered with Younus Textile Mills (YTM), one of the country’s largest vertically integrated textile manufacturers, to roll out Earned Wage Access (EWA) for its workforce. This collaboration represents a shared commitment to improving the financial health of employees across Pakistan’s textile industry. ABHI partners with Younus Textile Mills to EWA ABHI, an embedded finance platform, has partnered with Younus Textile Mills (YTM), one of the country’s largest vertically integrated textile manufacturers, to roll out Earned Wage Access (EWA) for its workforce. This collaboration represents a shared commitment to improving the financial health of employees across Pakistan’s textile industry. With ABHI’s EWA solution, Younus Textile Mills With ABHI’s EWA solution, Younus Textile Mills employees can instantly access a portion of their earned wages before payday, anytime, anywhere, through the ABHI app or SMS, with funds disbursed in under 30 seconds. - By enabling real-time access to salaries, the initiative helps employees cover urgent expenses, avoid loans, and reduce financial stress, without waiting for the end of the month.
- [UK Lifts Ban on Pakistani Airlines After 4 Years](https://businessplus.com.pk/uk-lifts-ban-on-pakistani-airlines-after-4-years/) - The United Kingdom has officially removed Pakistan from its Air Safety List, lifting the four-year-long ban on Pakistani carriers from operating flights to the UK. UK Lifts Ban on Pakistani Airlines After 4 Years The United Kingdom has officially removed Pakistan from its Air Safety List, lifting the four-year-long ban on Pakistani carriers from operating flights to the UK. This landmark decision follows years of technical collaboration between the UK and Pakistan, culminating in the UK Air Safety Committee’s judgment that Pakistan has successfully met international air safety standards. This landmark decision follows years of technical collaboration between the UK and Pakistan, culminating in the UK Air Safety Committee’s judgment that Pakistan has successfully met international air safety standards. - Pakistani airlines can now apply for operational permits from the UK Civil Aviation Authority, marking the first step toward resuming direct flights.
- [Big industry grows by 2.29 % in May 2025](https://businessplus.com.pk/big-industry-grows-by-2-29-in-may-2025/) - The output of the Large Scale Manufacturing Industries (LSMI) witnessed an increase of 2.29 per cent during the month of May 2025, the Pakistan Bureau of Statistics (PBS) reported. Big industry grows by 2.29 % in May 2025 The output of the Large Scale Manufacturing Industries (LSMI) witnessed an increase of 2.29 per cent during the month of May 2025, the Pakistan Bureau of Statistics (PBS) reported. On month-on- month basis, the LSMI’s production in May 2025, also increased by 7.39 per cent when compared with that of April 2025. Overall the LSMI The main contributors towards overall growth of -1.21% are Tobacco (0.12), Textile (0.46) Garments (0.80), Petroleum Products (0.33), Pharmaceuticals (0.16), Automobiles (0.78). - The production in July-May 2024-25 has increased in Tobacco, Textile, wearing apparel, Coke & Petroleum Products, Automobiles.
- [PTCL Group Integrates M2M Devices, Data Center Services and Managed Connectivity Solutions Across TPL Corp & its Operating Companies](https://businessplus.com.pk/ptcl-group-integrates-m2m-devices-data-center-services-and-managed-connectivity-solutions-across-tpl-corp-its-operating-companies/) - Pakistan’s largest telecommunication and digital services provider, PTCL Group (PTCL & Ufone 4G), has entered a landmark partnership with TPL Corp, a tech conglomerate with investments across diversified industries. This collaboration covers the deployment of Machine-to-Machine (M2M) devices, secure Data Center hosting, and managed network connectivity across TPL Corp and its operating companies. PTCL Group Integrates M2M Devices, Data Center Services and Managed Connectivity Solutions Across TPL Corp & its Operating Companies Pakistan’s largest telecommunication and digital services provider, PTCL Group (PTCL & Ufone 4G), has entered a landmark partnership with TPL Corp, a tech conglomerate with investments across diversified industries. This collaboration covers the deployment of Machine-to-Machine (M2M) devices, secure Data Center hosting, and managed network connectivity across TPL Corp and its operating companies. The agreement PTCL Group Integrates M2M Devices, Data Center Services and Managed Connectivity Solutions Across TPL Corp & its Operating Companies. - The partnership reflects both organizations shared ambition to advance Pakistan’s digital future by delivering smart, secure, and scalable solutions that help transform industries and elevate national competitiveness.
- [SECP Makes Public “Women EquiSmart Policy 2025–2028” for Consultation](https://businessplus.com.pk/secp-makes-public-women-equismart-policy-2025-2028-for-consultation/) - The Securities and Exchange Commission of Pakistan (SECP) has issued the Draft Women EquiSmart Policy 2025–2028, its first comprehensive gender equality framework for regulated sectors, including capital markets, insurance, non-banking finance, and the corporate sector. The framework is now available on the SECP’s website for public consultation. SECP Makes Public “Women EquiSmart Policy 2025–2028” for Consultation The Securities and Exchange Commission of Pakistan (SECP) has issued the Draft Women EquiSmart Policy 2025–2028, its first comprehensive gender equality framework for regulated sectors, including capital markets, insurance, non-banking finance, and the corporate sector. The framework is now available on the SECP’s website for public consultation. The draft framework reflects the SECP’s strategic shift Women EquiSmart Policy 2025–2028, its first comprehensive gender equality framework for regulated sectors, including capital markets, insurance, non-banking finance, and the corporate sector. - Built around six core pillars—women’s leadership on boards, gender disaggregated reporting, women’s entrepreneurship, gender-smart products, workplace inclusivity, and institutional capacity building.
- [Pakistani Nationals to Benefit from UK’s New eVisa System from July 15](https://businessplus.com.pk/pakistani-nationals-to-benefit-from-uks-new-evisa-system-from-july-15/) - The United Kingdom has officially introduced digital eVisas for Pakistani students and workers, marking a significant move toward a modernized and streamlined immigration process. Starting from 15 July 2025. UK launches digital eVisas for Pakistani students & workers from July 15 Starting from 15 July 2025, most main applicants applying for UK study or work-related visas will no longer require a physical sticker visa in their passports. The United Kingdom has officially introduced digital eVisas for Pakistani students and workers, marking a significant move toward a modernized and streamlined immigration process. Starting from 15 July 2025, Starting from 15 July 2025, most main applicants applying for UK study or work-related visas will no longer require a physical sticker visa in their passports. Instead, they will be issued a digital record of their immigration status, known as an eVisa. -
- [PayPak to Enable Secure Transfers for Pakistani Freelancers and Workers in Gulf](https://businessplus.com.pk/paypak-to-enable-secure-transfers-for-pakistani-freelancers-and-workers-in-gulf/) - The federal government is keen to facilitate overseas Pakistanis and Pakistani youth in Gulf countries, mainly by providing a technological solution that enables them to send remittances to their families with ease through a domestic payment scheme, PayPak. PayPak to Enable Secure Transfers for Pakistani Freelancers and Workers in GulfThe federal government is keen to facilitate overseas Pakistanis and Pakistani youth in Gulf countries, mainly by providing a technological solution that enables them to send remittances to their families with ease through a domestic payment scheme, PayPak. This was stated by Rana Mashhood Ahmad Khan, Chairman Prime Minister Youth Programme (PMYP), in a meeting CEO - 1LINK Najeeb Agrawalla said, " We aim to take initiatives to facilitate secure and structured remittance flows from non-resident Pakistani workers, especially those based in Saudi Arabia, UAE and other Gulf countries, while also promoting the use of PayPak for Hajj, Umrah, and other cross-border transactions including 1BILL service for non-resident Pakistanis. - Pakistan received over $38.3 billion in remittances from different countries in the financial year 2024-25.
- [LUMS Celebrates the Class of 2025 at the Convocation](https://businessplus.com.pk/lums-celebrates-the-class-of-2025-at-the-convocation/) - LUMS commemorated the achievements of its graduating Class of 2025 through a series of memorable ceremonies held over two days. Degrees were conferred upon over 1,400 graduates across the University’s five schools, celebrating the excellence and hard work of both undergraduate and graduate students. LUMS Celebrates the Class of 2025 at the Convocation LUMS commemorated the achievements of its graduating Class of 2025 through a series of memorable ceremonies held over two days. Degrees were conferred upon over 1,400 graduates across the University’s five schools, celebrating the excellence and hard work of both undergraduate and graduate students. They were joined by their families, friends, and faculty as they Over 1,400 graduates across the University’s five schools, celebrating the excellence and hard work of both undergraduate and graduate students. - Vice Chancellor Dr. Ali Cheema congratulated the graduating class and welcomed them into the global LUMS alumni community.
- [Khushhali Bank Partners with SBP to Empower Women Through WE Finance Code](https://businessplus.com.pk/khushhali-bank-partners-with-sbp-to-empower-women-through-we-finance-code/) - Khushhali Microfinance Bank Limited (KMBL) has signed the Women Entrepreneurs Finance Code (WE Finance Code) initiated by the State Bank of Pakistan (SBP) and the Asian Development Bank (ADB), aligning with a vision of a more inclusive financial system ecosystem across the country for women entrepreneurs. Khushhali Bank Partners with SBP to Empower Women Through WE Finance Code Khushhali Microfinance Bank Limited (KMBL) has signed the Women Entrepreneurs Finance Code (WE Finance Code) initiated by the State Bank of Pakistan (SBP) and the Asian Development Bank (ADB), aligning with a vision of a more inclusive financial system ecosystem across the country for women entrepreneurs. The code aims to set provide a yardstick for The code aims to set provide a yardstick for financial institutions nationwide to encourage women-friendly financial services in order to empower more women with safe and secure financial assistance. - KMBL offers a specialized category of banking services equipped for women customers in order to empower women to set up their own financial journeys with reliable support and benefits.
- [Record 336,999 Pakistanis Depart for Overseas Employment in H1 2025](https://businessplus.com.pk/record-336999-pakistanis-depart-for-overseas-employment-in-h1-2025/) - Through the Bureau of Emigration and Overseas Employment (BUEO) an attached department of the Ministry of Overseas Pakistanis and Human Resource Development from January 1 to June 30, around 336,999 Pakistanis have proceeded abroad for employment.
- [Pakistan, China to set up joint research center on lithium battery technology](https://businessplus.com.pk/pakistan-china-to-set-up-joint-research-center-on-lithium-battery-technology/) - The University of Sargodha (UoS), Pakistan and Zaozhuang School of Technology (ZST), China, have signed a memorandum of understanding (MoU) to establish a Joint Research Centre on Lithium Batteries at UoS. Recognizing the strategic importance of lithium battery technologies in advancing clean energy and mobility solutions, both institutions have agreed to collaborate across a broad Pakistan, China to set up joint research center on lithium battery technology The University of Sargodha (UoS), Pakistan and Zaozhuang School of Technology (ZST), China, have signed a memorandum of understanding (MoU) to establish a Joint Research Centre on Lithium Batteries at UoS. Recognizing the strategic importance of lithium battery technologies in advancing clean energy and mobility solutions, both institutions have agreed to collaborate across a broad Recognizing the strategic importance of lithium battery technologies in advancing clean energy and mobility solutions, both institutions have agreed to collaborate across a broad spectrum of research and academic exchange. - A Joint Coordination Committee will be established to oversee the implementation of the cooperation framework. Comprising equal representation from both institutions.
- [Emirates recognized as 2025’s Most Recommended Global Brand by YouGov](https://businessplus.com.pk/emirates-recognized-as-2025s-most-recommended-global-brand-by-yougov/) - Emirates, the world’s largest international airline, has topped the rankings as YouGov’s Most Recommended Global Brand for 2025, a testament to the airline’s longstanding ‘Fly Better’ promise. Emirates is the only airline to be featured on the global top 10 list. Emirates recognized as 2025’s Most Recommended Global Brand by YouGov The world’s largest international airline clinched top spot with a score of 88.4%, and is the only airline featured on the top 10 global list Emirates, the world’s largest international airline, has topped the rankings as YouGov’s Most Recommended Global Brand for 2025, a testament to the airline’s longstanding ‘Fly Better’ promise. Emirates is the Emirates achieved an outstanding score of 88.4%, with a significant lead on the next closest brand. Fueled by insights from YouGov Brand Index, Recommend scores are based on over a million customer surveys in 28 markets, tracking brand performance daily between June 1, 2024 and May 31, 2025. - Emirates has been recognized by YouGov before, as the most recommended brand in the UAE in the Recommend 2024 rankings with a score of 92.6.
- [Motorbikes, three-wheelers sale increases 32.5% to 1,518,752 units during FY 2025](https://businessplus.com.pk/motorbikes-three-wheelers-sale-increases-32-5-to-1518752-units-during-fy-2025/) - During the year under review, as many as 1,518,752 motorbikes and three-wheelers were sold against the sale of 1,150,112 units during July-Jun (2023-24), according to the Pakistan Automobile Manufacturing Association (PAMA). Motorbikes, three-wheelers sale increases 32.5% to 1,518,752 units during FY 2025 The sale of motorbikes and three-wheelers in the country has witnessed an increase of 30 percent during the fiscal year 2024-25 as compared to sales of the last year 2023-24. During the year under review, as many as 1,518,752 motorbikes and three-wheelers were sold against the sale of 1,150,112 units during July-Jun (2023-24), according to The sale of Honda motorcycles surged by 27.42 percent from 1,003,253 units to 1,278,424 units. - Sale of Suzuki motorcycles also rose by 54.51 percent from 16,876 units to 26,076 units.
- [Singapore Secures as World’s Top Port for 12th Year Straight](https://businessplus.com.pk/singapore-secures-as-worlds-top-port-for-12th-year-straight/) - Singapore has once again secured its status as the world’s top port, according to the latest ISCDI Report released on Friday, July 11. Singapore Secures as World’s Top Port for 12th Year Straight Singapore has once again secured its status as the world’s top port, according to the latest ISCDI Report released on Friday, July 11. Achieving an impressive score of 99.5 out of 100, the Republic has now claimed the number one spot for the 12th consecutive year—an unbroken streak since the index’s inception. Singapore’s continued success Achieving an impressive score of 99.5 out of 100. - Rounding out the top five were London (81.02), Shanghai (81.01), Hong Kong (80.77) and Dubai (75.97).
- [Govt trim down profit rates on CDNS, savings schemes](https://businessplus.com.pk/govt-trim-down-profit-rates-on-cdns-savings-schemes/) - The Central Directorate of National Savings (CDNS), Savings certificate rate on the Defence Saving Certificates reduced, from 11.91 per cent to 11.76 per cent. Govt trim down profit rates on CDNS, savings schemes The Central Directorate of National Savings (CDNS), Savings certificate rate on the Defence Saving Certificates reduced, from 11.91 per cent to 11.76 per cent. The profit rate on Special Saving Certificates has been considerably decreased from 10.90 per cent to 10.60 per cent from last week of June, 2025. Shuhada Family Welfare Account has also The Central Directorate of National Savings (CDNS), Savings certificate rate on the Defence Saving Certificates reduced, from 11.91 per cent to 11.76 per cent. - For Islamic Saving Account, the savings rate also decreased 59bps, setting the current rate at 9.75 per cent.
- [Pakistan’s E-Commerce Future Gets a Boost with New High-Level Committee](https://businessplus.com.pk/pakistans-e-commerce-future-gets-a-boost-with-new-high-level-committee/) - The delegation appreciated the growing presence of Pakistani entrepreneurs on Alibaba’s global e-commerce platforms. Prime Minister Shehbaz Sharif highlighted that over 300,000 locally manufactured Pakistani products are currently being sold on Alibaba’s platforms, and emphasized the need to increase this number substantially. Pakistan’s E-Commerce Future Gets a Boost with New High-Level Committee The Prime Minister was speaking during a meeting with a six-member delegation of Alibaba International Digital Commerce Company, led by its President of International Markets, James Dong. The delegation appreciated the growing presence of Pakistani entrepreneurs on Alibaba’s global e-commerce platforms. Prime Minister Shehbaz Sharif highlighted that over 300,000 locally manufactured Pakistani products are currently James Dong praised the contributions of Pakistani entrepreneurs in global trade and reiterated Alibaba’s commitment to supporting Pakistan’s e-commerce ecosystem. - Mr. James further emphasized that Pakistan holds immense untapped potential in the e-commerce sector and expressed Alibaba Group’s strong interest in providing technical training to Pakistani entrepreneurs to help scale up their participation on international platforms.
- [PM Orders Strategic Overhaul to Elevate PNSC to Global Shipping Standards](https://businessplus.com.pk/pm-orders-strategic-overhaul-to-elevate-pnsc-to-global-shipping-standards/) - Prime Minister Shehbaz Sharif directed the relevant authorities to formulate a comprehensive plan to transform the Pakistan National Shipping Corporation (PNSC) into a shipping company of international standard. PM Orders Strategic Overhaul to Elevate PNSC to Global Shipping StandardsPrime Minister Shehbaz Sharif directed the relevant authorities to formulate a comprehensive plan to transform the Pakistan National Shipping Corporation (PNSC) into a shipping company of international standard. The prime minister, chairing a meeting to review the restructuring, reforms, and performance of the PNSC, said that Pakistan’s shipping sector held vast potential for investment. PM PM directed that a comprehensive plan be prepared to encourage private investment in the shipping sector. - Prime Minister Shehbaz called for steps to increase the number of ships and promote the competitive use of PNSC vessels for cargo movement to and from Pakistan.
- [Karachi Residents to Benefit from PKR 4.03/unit Electricity Relief](https://businessplus.com.pk/karachi-residents-to-benefit-from-pkr-4-03-unit-electricity-relief/) - The National Electric Power Regulatory Authority (NEPRA) has issued its decision regarding K-Electric’s (KE) petition of provisional monthly Fuel Charges Adjustment (FCA) requested for April 2025, indicating a relief of PKR 4.0349 per kWh. Karachi Residents to Benefit from PKR 4.03/unit Electricity Relief The National Electric Power Regulatory Authority (NEPRA) has issued its decision regarding K-Electric’s (KE) petition of provisional monthly Fuel Charges Adjustment (FCA) requested for April 2025, indicating a relief of PKR 4.0349 per kWh. This will be passed on to customers in their July 2025 bills. NEPRA has provisionally retained an amount of PKR 0.8 This will be passed on to customers in their July 2025 bills. - Fuel charge adjustments are incurred by utilities due to global variations in fuel prices used to generate electricity, and the changes in generation mix.
- [Pakistan–Turkiye Pact Signals Stronger Regional Integration and $5B Trade Goal](https://businessplus.com.pk/pakistan-turkiye-pact-signals-stronger-regional-integration-and-5b-trade-goal/) - Pakistan and Turkiye reaffirmed their resolve to deepen bilateral cooperation across key sectors, including defence, trade, energy, culture, education, and infrastructure, pledging to enhance the bilateral trade volume to $5 billion. Pakistan–Turkiye Pact Signals Stronger Regional Integration and $5B Trade Goal Pakistan and Turkiye reaffirmed their resolve to deepen bilateral cooperation across key sectors, including defence, trade, energy, culture, education, and infrastructure, pledging to enhance the bilateral trade volume to $5 billion. During a joint press stakeout of Turkish Foreign Minister Hakan Fidan and Deputy Prime Minister and Foreign Minister Ishaq Dar here, the two sides The two sides expressed satisfaction over the ongoing progress of the 12 joint standing committees established under the High-Level Strategic Cooperation Council (HLSCC). - The deputy PM praised Turkiye’s successful indigenization of its defence industry, which had grown from 20% to 80% in recent years and said that Pakistan was keen to benefit from its experience.
- [PTCL and Huawei enable Sukh Chayn Residence with 5G-ready connectivity](https://businessplus.com.pk/ptcl-and-huawei-enable-sukh-chayn-residence-with-5g-ready-connectivity/) - PTCL Group (PTCL & Ufone 4G) in collaboration with Huawei, has deployed state-of-the-art connectivity solutions at Sukh Chayn Residence, a premier luxury residential complex in Islamabad, to redefine smart living. This unique collaboration combines 5G Ready Digital Indoor System (DIS) Lampsite and High-speed Fiber-To-The-Home (FTTH) with luxury living to set a new standard for digital lifestyle in Pakistan. PTCL and Huawei enable Sukh Chayn Residence with 5G-ready connectivity PTCL Group (PTCL & Ufone 4G) in collaboration with Huawei, has deployed state-of-the-art connectivity solutions at Sukh Chayn Residence, a premier luxury residential complex in Islamabad, to redefine smart living. This unique collaboration combines 5G Ready Digital Indoor System (DIS) Lamp site and High-speed Fiber-To-The-Home (FTTH) with luxury living to set a new standard for This unique collaboration combines 5G Ready Digital Indoor System (DIS) Lamp site and High-speed Fiber-To-The-Home (FTTH) with luxury living to set a new standard for digital lifestyle in Pakistan. - The DIS represents a significant leap forward in connectivity technology, unlike traditional Distributed Antenna Systems (DAS), which rely on passive components, DIS delivers 100% digital signals through an end-to-end active infrastructure.
- [FY-2025: Overseas Remittances Hit $38.3 Billion, Up 26.6% Year-on-Year](https://businessplus.com.pk/fy-2025-overseas-remittances-hit-38-3-billion-up-26-6-year-on-year/) - The workers’ remittances increased by 26.6 percent during the fiscal year 2025 as compared to the corresponding period of last year. FY-2025: Overseas Remittances Hit $38.3 Billion, Up 26.6% Year-on-YearThe workers’ remittances increased by 26.6 percent during the fiscal year 2025 as compared to the corresponding period of last year. The remittances reached to US$ 38.3 billion during July-June 2024-25 as against the remittances of US$ 30.3 billion received during July-June 2023-24. Similarly, on a year-on-year basis, the worker’s remittance went up by 7.9 On a year-on-year basis, the worker’s remittance went up by 7.9 per cent in June 2025 to $3.406 billion from $ 3.158 billion during the same month last year. - Remittances inflows during June 2025 were mainly sourced from Saudi Arabia ($823.2 million), United Arab Emirates ($717.2 million), United Kingdom ($537.6 million) and United States of America ($281.2 million).
- [CCOP Approves Joint Venture Model for Roosevelt Hotel Privatization](https://businessplus.com.pk/ccop-approves-joint-venture-model-for-roosevelt-hotel-privatization/) - The Privatization Commission (PC) Board, in its 237th meeting held under the chairmanship of Adviser to the Prime Minister on Privatization and Chairman, Privatization Commission, Muhammad Ali, approved the prequalification of four Interested Parties for the divestment of Pakistan International Airlines Corporation Limited (PIACL). CCOP Approves Joint Venture Model for Roosevelt Hotel Privatization In a significant advancement of the Government’s privatization agenda, two major decisions were taken by the Privatization Commission Board and the Cabinet Committee on Privatization (CCOP), marking steady progress in key strategic transactions. The Privatization Commission (PC) Board, in its 237th meeting held under the chairmanship of Adviser to the Prime Minister on Privatization and Following thorough scrutiny, the following four Interested Parties have been prequalified, which include Consortium comprising Lucky Cement Limited, Hub Power Holdings Limited, Kohat Cement Company Limited, and Metro Ventures (Private) Limited. - The Consortium comprising Arif Habib Corporation Limited, Fatima Fertilizer Company Limited, City Schools (Private) Limited, and Lake City Holdings (Private) Limited prequalified, whereas Fauji Fertilizer Company Limited and Air Blue (Private) Limited were also prequalified.
- [SECP Reports Record-Breaking Growth in Corporate Registrations During FY 2025](https://businessplus.com.pk/secp-reports-record-breaking-growth-in-corporate-registrations-during-fy-2025/) - The Securities and Exchange Commission of Pakistan (SECP) has made unprecedented strides in corporate registry reforms and digital transformation during fiscal year 2025. SECP Reports Record-Breaking Growth in Corporate Registrations During FY 2025 The Securities and Exchange Commission of Pakistan (SECP) has made unprecedented strides in corporate registry reforms and digital transformation during fiscal year 2025. The SECP recorded over 35,000 company incorporations in FY 2025—the highest number in a single fiscal year. Historic peaks were observed in January (3,442) and May (3,605). The corporate registry now encompasses The SECP recorded over 35,000 company incorporations in FY 2025—the highest number in a single fiscal year. Historic peaks were observed in January (3,442) and May (3,605). - Effective March 3, 2025, all newly incorporated companies must issue shares in dematerialized form to mitigate ownership disputes.
- [Food Security Measures: Pakistan Clears 500K MT Sugar Import Amid Shortage](https://businessplus.com.pk/food-security-measures-pakistan-clears-500k-mt-sugar-import-amid-shortage/) - The committee approved the import of up to 500,000 metric tons of sugar to ensure a stable supply and maintain affordable prices nationwide. Pakistan Clears 500K MT Sugar Import Amid Shortage Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar chaired a committee meeting to assess the sugar situation in the country and evaluate import requirements. The committee approved the import of up to 500,000 metric tons of sugar to ensure a stable supply and maintain affordable prices nationwide. The deputy PM underscored the government’s The committee approved the import of up to 500,000 metric tons of sugar to ensure a stable supply and maintain affordable prices nationwide. -
- [Pakistan Ports to See Faster Turnaround as Govt Targets 70% Cut in Dwell Time](https://businessplus.com.pk/pakistan-ports-to-see-faster-turnaround-as-govt-targets-70-cut-in-dwell-time/) - Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry has announced the establishment of a high-level committee tasked with developing concrete measures to reduce container dwell time at ports by up to 70 percent. Pakistan Ports to See Faster Turnaround as Govt Targets 70% Cut in Dwell Time Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry has announced the establishment of a high-level committee tasked with developing concrete measures to reduce container dwell time at ports by up to 70 percent. The decision was made during a high-level meeting held at the Federal Board of Revenue (FBR) headquarters. The session was chaired T he minister stated that the dwell time of containers at port terminals will be reduced by up to 70%, cutting it down from one week to just two days following the directives of Prime Minister Muhammad Shehbaz Sharif. - The minister further announced the establishment of a monitoring room at the Ministry of Maritime Affairs to oversee the movement and timing of container handling. A dedicated team will manage the entire monitoring process.
- [Financial Inclusion and Stable Economic Policies Key to Growth, Says SBP Governor at We Finance Code Debut](https://businessplus.com.pk/financial-inclusion-and-stable-economic-policies-key-to-growth-says-sbp-governor-at-we-finance-code-debut/) - Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad said that SBP is fully committed to undertake structural reforms and lay the foundation for sustainable and inclusive economic growth. He was speaking at the launch ceremony of Women Entrepreneurs Finance Code in Karachi organized jointly by SBP and the Asian Development Bank (ADB). Governor Jameel Financial Inclusion and Stable Economic Policies Key to Growth, Says SBP Governor at We Finance Code Debut Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad said that SBP is fully committed to undertake structural reforms and lay the foundation for sustainable and inclusive economic growth. He was speaking at the launch ceremony of Women Entrepreneurs Finance Code in Karachi organized jointly by SBP and the Asian Development Bank (ADB). Governor Jameel On this occasion, Ms. Christine Engstrom, Senior Director Finance ADB, and Ms. Wendy Teleki, Head of WE Finance Initiative at World Bank, expressed pleasure on having SBP join the Code as a global signatory. - Governor SBP added that economic growth holds little meaning unless it is both sustainable and inclusive. Mr. Ahmad emphasized that women entrepreneurs are a powerful engine for economic growth and social progress.
- [DPM invites Etisalat Group to expand its investments in Pakistan’s ICT, telecom sectors](https://businessplus.com.pk/dpm-invites-etisalat-group-to-expand-its-investments-in-pakistans-ict-telecom-sectors/) - Deputy Prime Minister/Foreign Minister (DPM/FM), Senator Mohammad Ishaq Dar, received a delegation from Etisalat Group, UAE, led by Group CEO Hatem Dowidar and the Group to expand its investments in the country’s ICT and telecom sectors. DPM invites Etisalat Group to expand its investments in Pakistan’s ICT, telecom sectors Deputy Prime Minister/Foreign Minister (DPM/FM), Senator Mohammad Ishaq Dar, received a delegation from Etisalat Group, UAE, led by Group CEO Hatem Dowidar and the Group to expand its investments in the country’s ICT and telecom sectors. The DPM/FM highlighted Pakistan’s growing digital economy and the government’s commitment to fostering a business-friendly environment. Group CEO, Hatem Group CEO, Hatem Dowidar appreciated the Government of Pakistan’s consistent support and reaffirmed Etisalat Group’s long-term commitment to the Pakistani market, expressing keen interest in contributing to its digital growth and connectivity goals. -
- [FBR introduces Pakistan’s first AI-based custom clearance, risk management system](https://businessplus.com.pk/fbr-introduces-pakistans-first-ai-based-custom-clearance-risk-management-system/) - The Federal Board of Revenue (FBR), under the direction of Prime Minister Muhammad Shehbaz Sharif, has for the first time in Pakistan’s history introduced the Artificial Intelligence based Custom Clearance and Risk Management System (RMS). FBR introduces Pakistan’s first AI-based custom clearance, risk management system The Federal Board of Revenue (FBR), under the direction of Prime Minister Muhammad Shehbaz Sharif, has for the first time in Pakistan’s history introduced the Artificial Intelligence based Custom Clearance and Risk Management System (RMS). During a meeting chaired by the prime minister held here to review the ongoing reforms measures by the FBR, it The new risk management system, based on modern technology, will continuously improve through automation using machine learning, along with the movement of goods. - The briefing showed that in initial testing, not only was 83% more Goods Declarations (GD) determined for tax collection, but goods clearance through the green channel also increased two and a half times.
- [Global Superstars Justin Timberlake and Robbie Williams to Perform Live in Istanbul](https://businessplus.com.pk/global-superstars-justin-timberlake-and-robbie-williams-to-perform-live-in-istanbul/) - Istanbul, the vibrant cultural capital of Türkiye, will host two global music sensations this year as part of the city's dynamic summer concert lineup. Justin Timberlake will take the stage on July 30. Global Superstars Justin Timberlake and Robbie Williams to Perform Live in Istanbul Istanbul, the vibrant cultural capital of Türkiye, will host two global music sensations this year as part of the city's dynamic summer concert lineup. Justin Timberlake will take the stage on July 30 and Robbie Williams will follow with a highly anticipated performance on October 7, both at the Istanbul Technical University (İTÜ) Stadium as This season, pop and R&B superstar Justin Timberlake Know for international hits like “Cry Me a River”, “SexyBack”, “Mirrors”, and “Can’t Stop the Feeling!” Timberlake is expected to deliver an electrifying performance packed with powerful vocals and stunning visuals. - British pop icon Robbie Williams will make his long-awaited İstanbul debut at the same venue.
- [Kolouchová’s Death on Nanga Parbat Shocks Mountaineering World](https://businessplus.com.pk/kolouchovas-death-on-nanga-parbat-shocks-mountaineering-world/) - The mountaineering community in Pakistan and around the globe is mourning the tragic loss of renowned Czech climber Klára Kolouchová, who died during her expedition on Nanga Parbat (8,125 meters) in the early hours of Thursday. Kolouchová’s Death on Nanga Parbat Shocks Mountaineering World The mountaineering community in Pakistan and around the globe is mourning the tragic loss of renowned Czech climber Klára Kolouchová, who died during her expedition on Nanga Parbat (8,125 meters) in the early hours of Thursday. According to Karrar Haidri, Vice President of the Alpine Club of Pakistan, Kolouchová, 46, reportedly fell between Camp I Kolouchová, 46, reportedly fell between Camp I and Camp II, possibly due to an oxygen cylinder explosion. “The unfortunate incident took place at around 4:00 am near Bunar Base Camp in the Diamer district of Gilgit-Baltistan.” - Kolouchová was a highly accomplished mountaineer, globally recognized as the first Czech woman to summit both Mount Everest and K2. She had arrived in Pakistan on June 15 to attempt Nanga Parbat.
- [Pakistan, Oman Strengthen Maritime Ties with New Ferry Link Initiative](https://businessplus.com.pk/pakistan-oman-strengthen-maritime-ties-with-new-ferry-link-initiative/) - Pakistan and the Sultanate of Oman discussed to strengthening bilateral maritime cooperation to accelerate the launch of a ferry service, share marine expertise, and enhance trade in the maritime sector. Pakistan, Oman Strengthen Maritime Ties with New Ferry Link Initiative Pakistan and the Sultanate of Oman discussed to strengthening bilateral maritime cooperation to accelerate the launch of a ferry service, share marine expertise, and enhance trade in the maritime sector. During the discussion, both sides acknowledged the deep-rooted diplomatic, cultural, and economic relations between Pakistan and Oman. Emphasis was placed on the urgent need to The Minister called on Oman’s support to expedite the ferry service launch, which would not only facilitate trade and logistics but also promote regional tourism and people-to-people exchanges. - Minister Junaid Chaudhry underscored the economic potential of launching a direct ferry service from Gwadar to Oman, projecting multi-billion-dollar benefits in trade expansion, investment inflows, and transit revenue.
- [Govt Eyes Affordable EV Loans as SAPM Reviews Insurance Costs](https://businessplus.com.pk/govt-eyes-affordable-ev-loans-as-sapm-reviews-insurance-costs/) - A high-level meeting on the Electric Vehicle (EV) Financing Scheme was held under the chairmanship of the Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan. The meeting focused on key issues such as insurance costs, risks related to battery theft, and anti-theft security measures for electric vehicles. Representatives from insurance and manufacturing companies. Govt Eyes Affordable EV Loans as SAPM Reviews Insurance Costs A high-level meeting on the Electric Vehicle (EV) Financing Scheme was held under the chairmanship of the Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan. The meeting focused on key issues such as insurance costs, risks related to battery theft, and anti-theft security measures for electric vehicles. Representatives from The meeting focused on key issues such as insurance costs, risks related to battery theft, and anti-theft security measures for electric vehicles. - Haroon Akhtar Khan directed insurance companies to submit separate insurance rate quotations for motorcycles, rickshaws, and cars by Tuesday.
- [Europeans Make History on Nanga Parbat: First Summits of Pakistan’s 2025 Climbing Season](https://businessplus.com.pk/europeans-make-history-on-nanga-parbat-first-summits-of-pakistans-2025-climbing-season/) - Five international climbers from Europe have successfully summited Nanga Parbat (8,125 meters), marking the first ascents of Pakistan’s summer climbing season. Europeans Make History on Nanga Parbat: First Summits of Pakistan’s 2025 Climbing Season Five international climbers from Europe have successfully summited Nanga Parbat (8,125 meters), marking the first ascents of Pakistan’s summer climbing season. Czech mountaineers Marek Novotny and Ondra Hlasny reached the summit of the world’s ninth-highest peak via the standard route on the Diamir face on June 26 at 12:00 pm, according to Ghulam Muhammad, General Czech mountaineers Marek Novotny and Ondra Hlasny reached the summit of the world’s ninth-highest peak via the standard route on the Diamir face on June 26 at 12:00 pm - Meanwhile, renowned German alpinist David Johannes Goettler, along with French ski mountaineers Tiphaine Duperier and Boris Langenstein, reached the summit from the Rupal side on June 24.
- [Severe Weather Incoming: KP to Face Torrential Rains and Landslides This Week](https://businessplus.com.pk/severe-weather-incoming-kp-to-face-torrential-rains-and-landslides-this-week/) - The Met Office issued a weather alert for widespread heavy rainfall across most districts of Khyber Pakhtunkhwa from July 5 to July 11. Heavy rains predicted across KP from July 5 to 11 The Met Office issued a weather alert for widespread heavy rainfall across most districts of Khyber Pakhtunkhwa from July 5 to July 11. The upper districts likely to be affected include by rain include Haripur, Abbottabad, Mansehra, Upper and Lower Chitral, Upper and Lower Dir, Swat, Buner, Malakand, Battagram, Shangla, Upper and Lower Kohistan, Kolai-Palas The upper districts likely to be affected include by rain include Haripur, Abbottabad, Mansehra, Upper and Lower Chitral, Upper and Lower Dir, Swat, Buner, Malakand, Battagram, Shangla, Upper and Lower Kohistan, Kolai-Palas Kohistan, Torghar, Peshawar, Mardan, Swabi, Nowshera, and Charsadda. These areas may experience heavy to very heavy downpours during this period. - There is also a risk of landslides in Abbottabad, Battagram, Buner, Dir, Chitral, Shangla, Kohistan, Malakand, and Mansehra due to the continuous heavy rainfall.
- [BYD and HUBCO Green commit to enabling long-distance travel for NEV users through charging network expansion on motorways](https://businessplus.com.pk/hubco-green-expands-its-nev-charging-network-to-lahore-islamabad-motorway-in-partnership-with-pso/) - In a first-of-its-kind collaboration, BYD Pakistan – Mega Motor Company and HUBCO Green Limited (HGL), subsidiaries of The Hub Power Company Limited (HUBCO), have partnered with Pakistan State Oil (PSO) to expand the New Energy Vehicle (NEV) charging network and address range anxiety among NEV users. This commitment was announced at the inauguration of their state-of-the-art NEV Charging Station on Lahore-Islamabad Motorway (M-2), one of Pakistan’s busiest and most vital intercity route. BYD and HUBCO Green commit to enabling long-distance travel for NEV users through charging network expansion on motorwaysIn a first-of-its-kind collaboration, BYD Pakistan – Mega Motor Company and HUBCO Green Limited (HGL), subsidiaries of The Hub Power Company Limited (HUBCO), have partnered with Pakistan State Oil (PSO) to expand the New Energy Vehicle (NEV) charging network and address range anxiety among NEV users. This commitment was announced at the inauguration of their This commitment was announced at the inauguration of their state-of-the-art NEV Charging Station on Lahore-Islamabad Motorway (M-2), one of Pakistan’s busiest and most vital intercity route.- The station features a 60kW fast charger that can simultaneously charge two vehicles, delivering a 50% charge, for instance, to the BYD Atto 3 in less than 30 minutes, which is equivalent to 160–200 km, ideal for staying powered up while on the go.
- [Overseas Pakistanis Get 120 Days of Tax-Free Mobile Registration](https://businessplus.com.pk/overseas-pakistanis-get-120-days-of-tax-free-mobile-registration/) - Overseas Pakistanis can avail FBR tax-free mobile registration facility for 120 days per each visit under the Federal Board of Revenue (FBR) policy. Overseas Pakistanis Get 120 Days of Tax-Free Mobile Registration Overseas Pakistanis can avail FBR tax-free mobile registration facility for 120 days per each visit under the Federal Board of Revenue (FBR) policy. The Pakistan Telecommunication Authority (PTA) is facilitating this service through its free, automated Temporary Mobile Registration System, available via DIRBS portal: https://dirbs.pta.gov.pk/drs This initiative ensures seamless mobile connectivity during short stays in Pakistan The Pakistan Telecommunication Authority (PTA) is facilitating this service through its free. - This initiative ensures seamless mobile connectivity during short stays in Pakistan and reflects PTA’s commitment to supporting digital access for all such visitors.
- [KPT Sets New Benchmark with Record 54 Million Tons of Cargo in 2025](https://businessplus.com.pk/kpt-sets-new-benchmark-with-record-54-million-tons-of-cargo-in-2025/) - Karachi Port Trust (KPT) closed fiscal year 2024-25 with achievement of a milestone of 54 million tons cargo handling and also broke its all time container handling record by a massive handling of 2.65 million TEUs. With a volume of 53.95 million tons, a 4.45% yearly growth was witnessed in cargo handling during FY24-25 amid KPT Sets New Benchmark with Record 54 Million Tons of Cargo in 2025 Karachi Port Trust (KPT) closed fiscal year 2024-25 with achievement of a milestone of 54 million tons cargo handling and also broke its all time container handling record by a massive handling of 2.65 million TEUs. With a volume of 53.95 million tons, a 4.45% yearly growth was witnessed in cargo handling during FY24-25 amid The volume of Export Cargo grew 6.49% while handling 20.02 million tons and on the other hand import, with a growth of 3.28%, closed at 33.93 million tons. - The vessel movement and handling at Karachi Port has also registered a growth of 11%. Out of total handling of 1943 vessels/ships; the port handled 1093 container ships, 218 bulk carriers, 180 general cargo ships and 452 liquid bulk ship Tankers at the port.
- [Pakistan's Exports Surge 4.67% to $32.1 Billion in FY2025](https://businessplus.com.pk/pakistans-exports-surge-4-67-to-32-1-billion-in-fy2025/) - The exports from the country increased by 4.67 percent during the fiscal year 2024-25 as compared to previous year, Pakistan Bureau of Statistics (PBS) reported. Pakistan's Exports Surge 4.67% to $32.1 Billion in FY2025 The exports from the country increased by 4.67 percent during the fiscal year 2024-25 as compared to previous year, Pakistan Bureau of Statistics (PBS) reported. Exports during July-June (2024-25) were recorded at $32.106 billion against $30.675 billion during July-June (2023-24), according to latest PBS data. On the other hand, imports into the country also went Exports during July-June (2024-25) were recorded at $32.106 billion against $30.675 billion during July-June 2023-24. - imports into the country also went up by 6.57 percent by growing from $54.779 billion.
- [inDrive Reports 57% surge in courier partners in Pakistan amid push for fair earnings](https://businessplus.com.pk/indrive-reports-57-surge-in-courier-partners-in-pakistan-amid-push-for-fair-earnings/) - inDrive, the global mobility and urban services platform, has reported a 57% year-on-year increase in active couriers across Pakistan during the first half of 2025, signaling growing trust in the company’s peer-to-peer model and its promise of fairer, more flexible work opportunities. inDrive Reports 57% surge in courier partners in Pakistan amid push for fair earnings inDrive, the global mobility and urban services platform, has reported a 57% year-on-year increase in active couriers across Pakistan during the first half of 2025, signaling growing trust in the company’s peer-to-peer model and its promise of fairer, more flexible work opportunities. inDrive offers couriers full control over their work: they can choose which orders inDrive offers couriers full control over their work: they can choose which orders to accept, negotiate delivery prices, and plan routes that best suit them. - This approach, combined with inDrive’s market-low commission rate, allows couriers to retain more of their income and operate on their own terms.
- [Fatima Fertilizer’s Sarsabz Tabeer launches healthcare initiative in collaboration with MASH and the Government of Punjab](https://businessplus.com.pk/fatima-fertilizers-sarsabz-tabeer-launches-healthcare-initiative-in-collaboration-with-mash-and-the-government-of-punjab/) - As part of its ongoing commitment to empower rural women and female farmers, Fatima Fertilizer, under its flagship Sarsabz Tabeer initiative, has launched a new health-focused intervention in collaboration with Mukhtar A. Sheikh Memorial Welfare Hospital (MASH) and the Government of Punjab. Fatima Fertilizer’s Sarsabz Tabeer launches healthcare initiative in collaboration with MASH and the Government of Punjab As part of its ongoing commitment to empower rural women and female farmers, Fatima Fertilizer, under its flagship Sarsabz Tabeer initiative, has launched a new health-focused intervention in collaboration with Mukhtar A. Sheikh Memorial Welfare Hospital (MASH) and the Government of Punjab. The first Free Medical Camp under this new health initiative was successfully held The first Free Medical Camp under this new health initiative was successfully held on June 26th at THQ Hospital Kehrorpaka, Lodhran, targeting underserved communities where access to quality healthcare remains a challenge. - To further amplify its impact, Fatima Fertilizer signed a Memorandum of Understanding (MoU) with the Akhuwat Foundation, providing female farmers with access to financial resources, mentorship, and entrepreneurial support.
- [Gwadar Port Expansion: Junaid Anwar Announces New Shipping Lines, GCC Ferry Route](https://businessplus.com.pk/gwadar-port-expansion-junaid-anwar-announces-new-shipping-lines-gcc-ferry-route/) - The Ministry of Maritime Affairs has unveiled an ambitious plan to expand the operational capacity of Gwadar Port by establishing additional shipping lines and launching a new ferry service connecting Pakistan with the Gulf Cooperation Council (GCC) countries. Gwadar Port Expansion: Junaid Anwar Announces New Shipping Lines, GCC Ferry Route The Ministry of Maritime Affairs has unveiled an ambitious plan to expand the operational capacity of Gwadar Port by establishing additional shipping lines and launching a new ferry service connecting Pakistan with the Gulf Cooperation Council (GCC) countries. “The initiative is part of the government’s broader strategy to enhance regional connectivity, boost maritime trade, and Ministry of Maritime Affairs has also planned to launch a ferry service from Gwadar to GCC countries This move is expected to provide an affordable, direct maritime link for passengers and cargo, and will particularly benefit expatriate communities, and cross-border traders. - The Ministry has initiated consultations with shipping companies, maritime authorities, and port operators to finalize technical, legal, and logistical frameworks for both the new shipping lines and the ferry service. Safety, affordability, and environmental sustainability will be key priorities in the implementation phase.
- [No More Electricity Duty in Bills: Govt Announces Big Relief](https://businessplus.com.pk/no-more-electricity-duty-in-bills-govt-announces-big-relief/) - Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has written letters to all Chief Ministers (CMs) about the decision to discontinue the collection of Electricity Duty through electricity bills starting from July 2025. No More Electricity Duty in Bills: Govt Announces Big Relief Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has written letters to all Chief Ministers (CMs) about the decision to discontinue the collection of Electricity Duty through electricity bills starting from July 2025. In his letters the Federal Minister sought support of all Chief Ministers in removing complexity of due to arising from Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has written letters to all Chief Ministers (CMs) about the decision to discontinue the collection of Electricity Duty through electricity bills starting from July 2025.- Sardar Awais Ahmed Khan Leghari in his letter wrote that to achieve this objective, we are considering the removal of non-electricity-related charges from consumer bills.
- [Petrol Price Set at Rs.272.98, HSD at Rs.266.79 in Latest Govt Update](https://businessplus.com.pk/petrol-price-set-at-rs-272-98-hsd-at-rs-266-79-in-latest-govt-update/) - The government has set the new price of petrol at Rs.272.98 and high-speed diesel at Rs.266.79 and these Petroleum products prices will be implemented from July 1st, 2025. Petrol Price Set at Rs.272.98, HSD at Rs.266.79 in Latest Govt Update The government has set the new price of petrol at Rs.272.98 and high-speed diesel at Rs.266.79 and these Petroleum products prices will be implemented from July 1st, 2025. The government has decided to revise the price of petroleum products for the fortnight starting from July 1st ,2025, based on the recommendation of OGRA. The price The government has set the new price of petrol at Rs.272.98 and high-speed diesel at Rs.266.79 and these Petroleum products prices will be implemented from July 1st, 2025. - The price of high-speed diesel has been increased by Rs.10.39 and the price of MS (Petrol) by Rs.8.36.
- [Sindh Bank selects PTCL to enhance Bank’s Digital Connectivity Infrastructure](https://businessplus.com.pk/sindh-bank-selects-ptcl-to-enhance-banks-digital-connectivity-infrastructure/) - Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of SD-WAN (Software-Defined Wide Area Network) at 330 branches of Sindh Bank. Sindh Bank selects PTCL to enhance Bank’s Digital Connectivity Infrastructure Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of SD-WAN (Software-Defined Wide Area Network) at 330 branches of Sindh Bank. SD-WAN is a smart way for businesses to manage internet and network connections across different locations. It helps make data travel faster, more securely, and at lower cost by Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of SD-WAN (Software-Defined Wide Area Network) at 330 branches of Sindh Bank. SD-WAN is a smart way for businesses to manage internet and network connections across different locations. It helps make data travel faster, more securely, and at lower cost by using software instead of just hardware. - This agreement is part of the growth momentum in the diverse areas of ICT and Security Solutions, which is key to a digital banking eco-system in Pakistan.
- [WB appoints new Country Director for Pakistan](https://businessplus.com.pk/wb-appoints-new-country-director-for-pakistan/) - The World Bank (WB) has appointed Ms. Bolormaa Amgaabazar the new World Bank Country Director for Pakistan effective from July 1. WB appoints new Country Director for Pakistan The World Bank (WB) has appointed Ms. Bolormaa Amgaabazar the new World Bank Country Director for Pakistan effective from July 1. “I am delighted to be appointed the World Bank’s new Country Director for Pakistan,” said Ms. Amgaabazar. “The World Bank and Pakistan have a long-standing partnership that has benefited millions of people over generations. Ms. Amgaabazar, a Mongolian national, has over two decades of international development experience. - “I am delighted to be appointed the World Bank’s new Country Director for Pakistan,” said Ms. Amgaabazar.
- [Huawei launches smart residential hybrid energy system in Pakistan](https://businessplus.com.pk/huawei-launches-smart-residential-hybrid-energy-system-in-pakistan/) - Huawei Digital Power Pakistan has officially launched its Residential Hybrid Energy System, a cutting-edge and sustainable solution designed to revolutionize electricity management for Pakistani households. Huawei launches smart residential hybrid energy system in Pakistan Huawei Digital Power Pakistan has officially launched its Residential Hybrid Energy System, a cutting-edge and sustainable solution designed to revolutionize electricity management for Pakistani households. Unveiled at the “Huawei Powering Pakistan – Advancing Energy Through Innovation” event in Karachi, the system is designed specifically for local needs and offers a reliable, intelligent way to reduce The new solution includes Huawei’s advanced Hybrid Inverters (models SUN2000-5-12K-MAP0 and SUN2000-12-25K-MB0), which convert solar energy into usable electricity while seamlessly managing battery backup through the LUNA2000 Lithium-ion Battery Packs. - Available in 7kWh, 14kWh, and 21kWh capacities, these battery packs store excess solar power for use during nighttime or grid failures. Integrated with the Smart Guard Safety Device, the system also enhances overall safety and monitors energy consumption in real time via a user-friendly mobile app.
- [RDA inflows rise to $10.381 Billion in May 2025](https://businessplus.com.pk/rda-inflows-rise-to-10-381-billion-in-may-2025/) - The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.381 billion by the end of May 2025 as compared to US $10.180 billion by April (2025) end. RDA inflows rise to $10.381 Billion in May 2025 The number of accounts registered under the programme also rose by 8,980 to 823,224 in May 2025 from 814,244 accounts in April 2025. The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.381 billion by the end of May 2025 as compared to US $10.180 billion by April (2025) end. The The number of accounts registered under the programme also rose by 8,980 to 823,224 in May 2025 from 814,244 accounts in April 2025. - The data showed that the inflows of remittances during May were recorded at US$ 201 million as compared to US$ 177 million in April and US$ 235 million in March 2025, according to the latest data released by the State Bank of Pakistan.
- [Pakistan Reviews Strategic Progress of Electric Vehicle Policy 2025–30](https://businessplus.com.pk/pakistan-reviews-strategic-progress-of-electric-vehicle-policy-2025-30/) - The Government is fully committed to establishing a green and sustainable transport infrastructure,” stated Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production. “The new Electric Vehicle Policy aims to drive integrated progress—blending technological innovation, economic growth, and environmental responsibility to shape a cleaner and smarter future for Pakistan. Pakistan Reviews Strategic Progress of Electric Vehicle Policy 2025–30 The Government is fully committed to establishing a green and sustainable transport infrastructure,” stated Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production. “The new Electric Vehicle Policy aims to drive integrated progress—blending technological innovation, economic growth, and environmental responsibility to shape a cleaner and smarter future for Pakistan. Addressing the Haroon Akhtar Khan said that the NEV policy is in alignment with the Prime Minister’s vision of steering Pakistan toward a greener, cleaner and more sustainable transportation system. - The SAPM emphasized that this intergovernmental cooperation would continue to ensure effective and consistent implementation across the country.
- [Neem & Jubilee partner to power embedded payments across the insurance value chain](https://businessplus.com.pk/neem-jubilee-partner-to-power-embedded-payments-across-the-insurance-value-chain/) - Jubilee Life Insurance, Pakistan’s largest private sector life insurance provider, has entered into a strategic partnership with Neem, the country’s leading embedded finance platform, to digitize and streamline payments across the insurance value chain. Neem & Jubilee partner to power embedded payments across the insurance value chain Jubilee Life Insurance, Pakistan’s largest private sector life insurance provider, has entered into a strategic partnership with Neem, the country’s leading embedded finance platform, to digitize and streamline payments across the insurance value chain. As part of the partnership, Neem’s flagship payment solution is integrated across Jubilee Life’s digital platforms, including its website, mobile app, As part of the partnership, Neem’s flagship payment solution is integrated across Jubilee Life’s digital platforms, including its website, mobile app, and agent portal, enabling customers to make premium payments via cards, bank transfers, digital wallets, and 1Bill cash channels. -
- [Emirates resumes regularly scheduled operations after minimal disruption](https://businessplus.com.pk/emirates-resumes-regularly-scheduled-operations-after-minimal-disruption/) - Emirates’ passengers experienced minimal disruptions to their travel plans after 23rd June regional events, with regularly scheduled flights resuming within a few short hours. The airline quickly activated its robust contingency and disruption plans, with no diversions, only a small number of cancellations and a few flights experiencing longer flight paths due to airspace congestion. Emirates resumes regularly scheduled operations after minimal disruption The airline has carried over 1.7 million passengers in the past 2 weeks Emirates’ passengers experienced minimal disruptions to their travel plans after 23rd June regional events, with regularly scheduled flights resuming within a few short hours. The airline quickly activated its robust contingency and disruption plans, with no diversions, only a small number of The airline has carried over 1.7 million passengers in the past 2 weeks. - The airline took immediate action by suspending flights only to areas directly impacted by conflict while maintaining operations to all other destinations. Services to Amman and Beirut were briefly suspended but resumed quickly, demonstrating Emirates’ ability to nimbly adapt its operations while prioritizing safety, and helping thousands of families start their summer holidays.
- [International Survey Reveals Pakistanis Support Actions to Address Climate Change](https://businessplus.com.pk/international-survey-reveals-pakistanis-support-actions-to-address-climate-change/) - An international survey conducted across 17 total countries, including Pakistan, was commissioned by the Global Methane Hub to gauge public support for climate change solutions, particularly efforts to reduce methane pollution. In Pakistan, the survey was conducted in collaboration with LUMS. International Survey Reveals Pakistanis Support Actions to Address Climate Change An international survey conducted across 17 total countries, including Pakistan, was commissioned by the Global Methane Hub to gauge public support for climate change solutions, particularly efforts to reduce methane pollution. In Pakistan, the survey was conducted in collaboration with LUMS. According to the survey, 87% of Pakistanis support action to reduce the impacts of According to the survey, 87% of Pakistanis support action to reduce the impacts of climate change, with 51% expressing strong support. - Pakistanis blame large oil and gas companies, waste management corporations, and agricultural producers most for environmental harms.
- [Pakistan’s Mobile Imports Plunge 16.31% to $1.356B in 11 Months](https://businessplus.com.pk/pakistans-mobile-imports-plunge-16-31-to-1-356b-in-11-months/) - The import of mobile phones into the country has witnessed a decrease of 16.31 percent during the first eleven months of the current fiscal year 2024-25. Pakistan’s Mobile Imports Plunge 16.31% to $1.356B in 11 Months The import of mobile phones into the country has witnessed a decrease of 16.31 percent during the first eleven months of the current fiscal year 2024-25. On a year-to-year basis, the import of mobile phones also dipped by 35.83 percent during the month of May 2025 when compared to the same month of last year. The import of mobiles into the country during May 2025 was recorded at $ 101.131 million. - On a year-to-year basis, the import of mobile phones also dipped by 35.83 percent during the month of May 2025.
- [Partner Prestige 2025: Gree Showcases Product Innovation, Recognizes Top Dealers](https://businessplus.com.pk/partner-prestige-2025-gree-showcases-product-innovation-recognizes-top-dealers/) - Reinforcing its commitment to innovation, quality, and enduring partnerships, Gree hosted its premier dealer event, Gree Partner Prestige 2025, at the local hotel in Lahore. Partner Prestige 2025: Gree Showcases Product Innovation, Recognizes Top Dealers Reinforcing its commitment to innovation, quality, and enduring partnerships, Gree hosted its premier dealer event, Gree Partner Prestige 2025, at the local hotel in Lahore. The exclusive gathering brought together top dealers and partners from across the country for a night of recognition, collaboration, and insight into Gree’s future vision.Organized by Gree and its official The evening featured a formal product showcase, recognition of top-performing dealers, and strategic business updates.
- [Latest Car prices in Pakistan 2025](https://businessplus.com.pk/latest-car-prices-in-pakistan-2025/) - Car prices in Pakistan have surged in 2025 due to rising inflation, currency depreciation, and new tax policies. New tax measures introduced in the 2025–26 federal budget have pushed car prices higher, especially for vehicles between 1300cc and 1800cc. The removal of GST relief on hybrids has also made eco-friendly options less affordable. Latest Car prices in Pakistan 2025 Car prices in Pakistan have surged in 2025 due to rising inflation, currency depreciation, and new tax policies. New tax measures introduced in the 2025–26 federal budget have pushed car prices higher, especially for vehicles between 1300cc and 1800cc. The removal of GST relief on hybrids has also made eco-friendly options less affordable. Here are Car prices in Pakistan have surged in 2025 due to rising inflation, currency depreciation, and new tax policies. - New tax measures introduced in the 2025–26 federal budget have pushed car prices higher, especially for vehicles between 1300cc and 1800cc. The removal of GST relief on hybrids has also made eco-friendly options less affordable.
- [Pakistan to Empower 2 Million Women with $350M ADB Support](https://businessplus.com.pk/pakistan-to-empower-2-million-women-with-350m-adb-support/) - The Asian Development Bank (ADB) has announced $350 million in funding for the second phase of the Women-Inclusive Finance Sector Development Program in Pakistan. Pakistan to Empower 2 Million Women with $350M ADB Support The Asian Development Bank (ADB) has approved a loan of $350 million to support access to finance for women in Pakistan. The Asian Development Bank (ADB) has announced $350 million in funding for the second phase of the Women-Inclusive Finance Sector Development Program in Pakistan. The package includes a $300 million policy-based loan and a The package includes a $300 million policy-based loan and a $50 million financial intermediation loan aimed at expanding credit access and guarantees to support women’s entrepreneurship and financial inclusion. - Women remain underrepresented in Pakistan’s economy, which has the second-lowest ranking among 146 economies in the Global Gender Gap Index in 2024.
- [Dasu Hydropower Project to Begin 4,320MW Power Generation by 2027](https://businessplus.com.pk/dasu-hydropower-project-to-begin-4320mw-power-generation-by-2027/) - Power generation from 4,320MW Dasu Hydropower Project is expected to commence in 2027. It was informed to Water and Power Development Authority (WAPDA) Chairman Naveed Asghar Chaudhry during his visit to the project site. Dasu Hydropower Project to Begin 4,320MW Power Generation by 2027 Power generation from 4,320 MW Dasu Hydropower Project is expected to commence in 2027. It was informed to Water and Power Development Authority (WAPDA) Chairman Naveed Asghar Chaudhry during his visit to the project site. The chairman also reviewed construction work on key sites of the project, including the main dam, powerhouse, transformer cavern and The project is planned to be completed in two stages. Currently, WAPDA is executing Stage I, which will have an installed capacity of 2,160 MW and generate 12 billion units of clean, green, and affordable electricity annually. - The excavation of the underground powerhouse is expected to be completed by February 2026, while the 25-kilometer-long relocated KKH-1-comprising seven tunnels and three bridges – is scheduled for completion by March 2026. Power generation from the project is expected to commence in 2027.
- [Advergic Could Be the Most Important AdTech Update for Pakistan in a Decade](https://businessplus.com.pk/advergic-could-be-the-most-important-adtech-update-for-pakistan-in-a-decade/) - Advergic is the only ad tech company in Pakistan officially partnered with Google to directly onboard publishers to Google Ad Manager (GAM). For publishers, it means what actually counts: higher earnings, full control over ad inventory, and access to global ad demand that was never in reach before. Advergic Could Be the Most Important AdTech Update for Pakistan in a Decade Advergic is the only ad tech company in Pakistan officially partnered with Google to directly onboard publishers to Google Ad Manager (GAM). For publishers, it means what actually counts: higher earnings, full control over ad inventory, and access to global ad demand that was never in reach before. If you run a news website, mobile Advergic is the only ad tech company in Pakistan officially partnered with Google to directly onboard publishers to Google Ad Manager (GAM). - For publishers, it means what actually counts: higher earnings, full control over ad inventory, and access to global ad demand that was never in reach before.
- [PTCL Teams Up with Kacific to Deliver High-Speed Satellite Internet](https://businessplus.com.pk/ptcl-teams-up-with-kacific-to-deliver-high-speed-satellite-internet/) - This strategic partnership aims to deliver integrated connectivity solutions tailored to Pakistan's diverse geographic and infrastructural needs. By combining PTCL's robust telecommunications infrastructure, Telco Integrators' technical expertise, and Kacific's advanced satellite capabilities, the alliance aims to provide reliable, affordable, and scalable broadband solutions to underserved areas in Pakistan with the goal of contributing to the country's digital transformation. PTCL, Telco Integrators, and Kacific join forces to deliver nationwide connectivity through satellite services Game-Changing Satellite Partnership Sets Stage for a More Connected Pakistan Pakistan Telecommunication Company Limited (PTCL), Telco Integrators Pvt Ltd (TI), and Kacific Broadband Satellites Group have signed a Memorandum of Understanding (MoU) to collaborate on expanding high-speed satellite internet, broadband, and voice services across Pakistan. This strategic partnership aims to deliver integrated connectivity solutions tailored The partnership will jointly promote and distribute Kacific's broadband services to telecom operators, enterprises, and small and medium-sized enterprises (SMEs), thereby expanding access to reliable connectivity nationwide. - The alliance reflects a shared commitment to driving technological evolution in Pakistan through locally supported satellite solutions. With over half the population lacking access to reliable broadband, these services are poised to help close Pakistan's digital divide and empower remote communities, businesses, and public institutions with reliable broadband access.
- [Airlines Cancel Middle East Flights Amid Rising Tensions](https://businessplus.com.pk/airlines-cancel-middle-east-flights-amid-rising-tensions/) - Major global airlines extend flight cancellations to Persian Gulf, disrupting key hubs like Dubai after U.S. strikes on Iranian nuclear sites and Tehran’s vow of retaliation. Airlines Cancel Middle East Flights Amid Rising Tensions Airlines’ suspensions underscore fears of broader regional fallout following U.S. strikes amid Iran-Israel tensions. Major global airlines extend flight cancellations to Persian Gulf, disrupting key hubs like Dubai after U.S. strikes on Iranian nuclear sites and Tehran’s vow of retaliation. Singapore Airlines (SIA) said that it would suspend service to Dubai until Wednesday (Jun 25) Major global airlines extend flight cancellations to Persian Gulf, disrupting key hubs like Dubai after U.S. strikes on Iranian nuclear sites and Tehran’s vow of retaliation. -
- [Port Qasim cuts exporter charges by 50% to boost trade, economic growth: Junaid Chaudhry](https://businessplus.com.pk/port-qasim-cuts-exporter-charges-by-50-to-boost-trade-economic-growth-junaid-chaudhry/) - Port Qasim Authority (PQA) has announced a 50 percent reduction in port charges for exporters, aligning with the government’s reform agenda to enhance trade and economic growth. Port Qasim cuts exporter charges by 50% to boost trade, economic growth: Junaid Chaudhry Port Qasim Authority (PQA) has announced a 50 percent reduction in port charges for exporters, aligning with the government’s reform agenda to enhance trade and economic growth. Addressing the meeting, Minister Junaid Anwar Chaudhry emphasized the government’s commitment to creating opportunities for local businessmen and encouraging domestic trade through ports and fisheries. The government’s reform Minister Junaid Anwar Chaudhry emphasized the government’s commitment to creating opportunities for local businessmen and encouraging domestic trade through ports and fisheries. - The government’s reform agenda in the maritime sector, including the charge reduction at Port Qasim, signals a strong commitment to supporting the business community, enhancing trade facilitation, and promoting economic development across coastal regions.
- [Fatima Fertilizer Honored as Sustainability Leader at Campaign Asia WLCA Asia-Pacific 2025 in Hong Kong](https://businessplus.com.pk/fatima-fertilizer-honored-as-sustainability-leader-at-campaign-asia-wlca-asia-pacific-2025-in-hong-kong/) - Rabel Sadozai, Director of Marketing and Sales, Fatima Fertilizer, has been named the Sustainability Leader of the Year at the Women Leading Change Awards Asia-Pacific 2025, held in Hong Kong - a prestigious regional accolade that recognizes outstanding female leaders driving meaningful change across the Asia-Pacific region. Fatima Fertilizer Honored as Sustainability Leader at Campaign Asia WLCA Asia-Pacific 2025 in Hong Kong Rabel Sadozai, Director of Marketing and Sales, Fatima Fertilizer, has been named the Sustainability Leader of the Year at the Women Leading Change Awards Asia-Pacific 2025, held in Hong Kong - a prestigious regional accolade that recognizes outstanding female leaders driving meaningful change across the Asia-Pacific region. Rabel Sadozai’s recognition underscores her exceptional leadership in Rabel Sadozai’s recognition underscores her exceptional leadership in transforming Pakistan’s agriculture and fertilizer industry through sustainable innovation, gender inclusion, and climate action. - Under her guidance, Fatima Fertilizer has become the first company in Pakistan to officially partner with the United Nations Development Programme by adopting the Sustainable Development Goals Impact Framework in 2024.
- [Türkiye’s Thrilling New Series Antalya Gambit Set to Captivate the World](https://businessplus.com.pk/turkiyes-thrilling-new-series-antalya-gambit-set-to-captivate-the-world/) - Türkiye has released its first original mini-series, Antalya Gambit, a high-stakes cinematic thriller that premiered globally on June 7, 2025. Set against the stunning Mediterranean backdrop of Antalya, the series aims to showcase the city’s rich culture, breathtaking landscapes, and luxurious lifestyle to a global audience. Türkiye’s Thrilling New Series Antalya Gambit Set to Captivate the World Türkiye has released its first original mini-series, Antalya Gambit, a high-stakes cinematic thriller that premiered globally on June 7, 2025. Set against the stunning Mediterranean backdrop of Antalya, the series aims to showcase the city’s rich culture, breathtaking landscapes, and luxurious lifestyle to a global audience. Produced by Dass Yapım and directed by Bertan Başaran, Antalya, with its shimmering coasts, historical landmarks, and Mediterranean lifestyle, has long been a favorite destination for tourists from all over the world — including Pakistan. - The series highlights the city’s ability to blend relaxation, adventure, and culture, offering something for every traveler.
- [PM urges to promoting cashless ecosystem in Pakistan](https://businessplus.com.pk/pm-urges-to-promoting-cashless-ecosystem-in-pakistan/) - Prime Minister Shehbaz Sharif was chairing a high-level meeting focused on promoting a cashless economy in Pakistan. PM urges to promoting cashless ecosystem in Pakistan The Ministry of IT is taking steps to make Islamabad Pakistan’s first cashless city Prime Minister Muhammad Shehbaz Sharif directed the formation of three specialized committees: the Digital Payments Innovation and Adoption Committee, the Digital Public Infrastructure Committee, and the Government Payments Committee to promote cashless economy across the country. Prime Minister Shehbaz Sharif was over 40 million users are benefiting from the RAAST system, and various initiatives are underway to increase this number. - As part of the Smart Islamabad Pilot Project, the Ministry of IT is taking steps to make Islamabad Pakistan’s first cashless city, the meeting was told.
- [Pakistan’s Rice Shipments to China Jump 121% in Jan–May 2025](https://businessplus.com.pk/pakistans-rice-shipments-to-china-jump-121-in-jan-may-2025/) - Pakistan’s rice exports to China witnessed a remarkable 121% year-on-year increase in the first five months of 2025, signaling deeper trade ties and stronger agricultural cooperation under China-Pakistan Economic Corridor (CPEC), said Ghulam Qadir, Trade and Investment Counsellor at the Pakistani Embassy in China. Pakistan’s Rice Shipments to China Jump 121% in Jan–May 2025 Pakistan’s rice exports to China witnessed a remarkable 121% year-on-year increase in the first five months of 2025, signaling deeper trade ties and stronger agricultural cooperation under China-Pakistan Economic Corridor (CPEC), said Ghulam Qadir, Trade and Investment Counsellor at the Pakistani Embassy in China. Ghulam Qadir told China Economic Net that, as per data from Ghulam Qadir told China Economic Net that, as per data from the General Administration of Customs of China, from January to May 2025, Pakistan exported rice worth $32.076 million to China, a significant leap from $14.53 million in the same period of 2024. - Pakistan’s long-grain varieties, especially Super Basmati and IRRI-6, have gained popularity among Chinese importers for their aroma, elongation, and adaptability in Chinese culinary applications.
- [Pakistan shifts gear, new electric vehicle policy aims for 30% green cars by 2030](https://businessplus.com.pk/pakistan-shifts-gear-new-electric-vehicle-policy-aims-for-30-green-cars-by-2030/) - The federal government has unveiled an ambitious New Electric Vehicle Policy (NEVP) 2025–2030, aiming to accelerate Pakistan’s shift toward sustainable transport, reduce fossil fuel dependence, and curb climate-warming emissions. Pakistan shifts gear, new electric vehicle policy aims for 30% green cars by 2030 The federal government has unveiled an ambitious New Electric Vehicle Policy (NEVP) 2025–2030, aiming to accelerate Pakistan’s shift toward sustainable transport, reduce fossil fuel dependence, and curb climate-warming emissions. The policy launched this week, sets a target for 30% of all new vehicle sales to be electric by 2030, covering cars, buses, motorcycles, and rickshaws. The policy launched this week, sets a target for 30% of all new vehicle sales to be electric by 2030, covering cars, buses, motorcycles, and rickshaws. - The policy aims to cut Pakistan’s reliance on imported fossil fuels, shielding the economy from global oil price fluctuations. EVs are also expected to offer long-term savings for consumers through reduced fuel and maintenance costs.
- [Pakistan Accelerates Toward Clean Transport with NEV Policy 2025–30](https://businessplus.com.pk/pakistan-accelerates-toward-clean-transport-with-nev-policy-2025-30/) - The federal government officially launched the National Electric Vehicle (NEV) Policy 2025–30, announcing an initial subsidy of PKR 9 billion for the promotion of electric vehicles (EVs) in the upcoming fiscal year. Pakistan Accelerates Toward Clean Transport with NEV Policy 2025–30 The federal government officially launched the National Electric Vehicle (NEV) Policy 2025–30, announcing an initial subsidy of PKR 9 billion for the promotion of electric vehicles (EVs) in the upcoming fiscal year. According to the Ministry of Industries and Production, the PKR 9 billion subsidy will support the rollout of 116,053 electric bikes and 3,171 According to the Ministry of Industries and Production, the PKR 9 billion subsidy will support the rollout of 116,053 electric bikes and 3,171 electric rickshaws during FY2025–26. - The NEV policy sets a target of making 30% of all new vehicles sold in Pakistan electric by 2030.
- [Imran Raza Jaffry Publishes Influential Insurance Guide, Announces New Book on Global Practices](https://businessplus.com.pk/imran-raza-jaffry-publishes-influential-insurance-guide-announces-new-book-on-global-practices/) - Imran Raza Jaffry, a seasoned professional with over 20 years of experience in risk management and underwriting, is making waves in Pakistan’s insurance sector through his insightful publications. Imran Raza Jaffry Publishes Influential Insurance Guide, Announces New Book on Global Practices Imran Raza Jaffry, a seasoned professional with over 20 years of experience in risk management and underwriting, is making waves in Pakistan’s insurance sector through his insightful publications. Following the success of his first book, “Navigating the Insurance Spectrum: An Overview Analysis of Types,” Jaffry is now set to release his second title, “Blueprint of The book has received praise from professionals in the legal, banking, engineering, and Islamic finance sectors for its clarity and comprehensive exploration of over 100 types of insurance. -
- [Pakistan’s Telecom Growth Surges Past 200 Million Milestone](https://businessplus.com.pk/pakistans-telecom-growth-surges-past-200-million-milestone/) - The Pakistan Telecommunication Authority (PTA) proudly announces a historic milestone—crossing 200 million telecom subscribers nationwide. Pakistan’s Telecom Growth Surges Past 200 Million Milestone The Pakistan Telecommunication Authority (PTA) proudly announces a historic milestone—crossing 200 million telecom subscribers nationwide. With 150 million broadband and over 2 million Fiber To The Home (FTTH) subscribers. This achievement reflects Pakistan’s accelerated digital growth and PTA’s commitment to inclusive connectivity. PTA and CMO’s (Jazz, Telenor, Ufone, Zong and SCO), as a celebration to With 150 million broadband and over 2 million Fiber To The Home (FTTH) subscribers. - Telecom operators offering free 2GB Data + 200 On-Net Minutes (Valid for 24 Hours) on 20th June, 2025 to all mobile users.
- [SECP Forms Panel to Improve Investor Onboarding in Capital Markets](https://businessplus.com.pk/secp-forms-panel-to-improve-investor-onboarding-in-capital-markets/) - The Securities and Exchange Commission of Pakistan (SECP) has constituted a Committee to evaluate the existing account opening process with the intermediaries in capital markets, identify pain points, recommend improvements in existing processes and regulatory framework to make the account opening process more time efficient and customer-friendly. SECP Forms Panel to Improve Investor Onboarding in Capital Markets The Securities and Exchange Commission of Pakistan (SECP) has constituted a Committee to evaluate the existing account opening process with the intermediaries in capital markets, identify pain points, recommend improvements in existing processes and regulatory framework to make the account opening process more time efficient and customer-friendly. The Committee will review the end-to-end account opening The Committee will review the end-to-end account opening process, identify bottlenecks, propose improvements in the existing processes and regulatory frameworks. - With a view to simplify and rationalize the account opening process, the Committee will also propose steps needed to enhance digital onboarding capabilities.
- [Pakistan Signs Major $1B Loan Agreement for 5 Years](https://businessplus.com.pk/pakistan-signs-major-1b-loan-agreement-for-5-years/) - The Ministry of Finance has signed a syndicated term finance facility of $1,000 million partially guaranteed by a Policy Based Guarantee of the Asian Development Bank’s (ADB) Program “Improved Resource Mobilization and Utilisation Reform”. MOF Signs Major $1B Loan Agreement for 5 Years #post_contentThis is a 5-year multi-tranche facility including both Islamic and conventional tranches. The Islamic facility was structured to be fully compliant with AAOIFI standards, and accounts for 89% of the total financing amount. The remaining 11% is from conventional financing.- The transaction is also the first facility supported by ADB’s Policy-Based Guarantee linked to policy reform measures undertaken by an ADB Member Country., i.e Pakistan.
- [Govt Rolls Out Draft Tariff Policy for 2025–30](https://businessplus.com.pk/govt-rolls-out-draft-tariff-policy-for-2025-30/) - The Government of Pakistan unveiled the draft National Tariff Policy (NTP) 2025–30 during the National Regulatory Reforms Conference organized by the Board of Investment (BoI). Govt Rolls Out Draft Tariff Policy for 2025–30 The Government of Pakistan unveiled the draft National Tariff Policy (NTP) 2025–30 during the National Regulatory Reforms Conference organized by the Board of Investment (BoI). The conference, aimed at advancing regulatory simplification and industrial competitiveness, brought together federal ministers, diplomats, and private sector representatives for a strategic dialogue on Pakistan’s economic direction. In his speech, The National Tariff Policy 2025–30 is designed to create a predictable, transparent, and investment-friendly tariff structure. By facilitating duty-free access to raw materials, phasing out Additional Customs Duties (ACDs) and Regulatory Duties (RDs), and supporting nascent and green industries, this policy paves the way for innovation, employment generation, and sustained economic growth. - The NTP 2025–30 outlines ambitious reform goals, including the phasing out of ACDs in four years, elimination of RDs and the 5th Schedule within five years, and the establishment of a simplified four-slab Customs Duty structure (0%, 5%, 10%, 15%). The policy aims to benefit key sectors including textiles, engineering, pharmaceuticals, and IT, while encouraging investment and reducing production costs across the board.
- [Dar’s Budget Update: Digital Tax Stays Local, Solar GST Cut to 10%](https://businessplus.com.pk/dars-budget-update-digital-tax-stays-local-solar-gst-cut-to-10/) - Deputy Prime Minister and Foreign Minister, Senator Muhammad Ishaq Dar on Wednesday said that the digital sales tax on services would remain within the jurisdiction of provinces, while the proposed 18% GST tax on solar panels had been reviewed and revised down to 10% following consultations. Dar’s Budget Update: Digital Tax Stays Local, Solar GST Cut to 10% Deputy Prime Minister and Foreign Minister, Senator Muhammad Ishaq Dar on Wednesday said that the digital sales tax on services would remain within the jurisdiction of provinces, while the proposed 18% GST tax on solar panels had been reviewed and revised down to 10% following consultations. Speaking in the National Assembly, Senator Dar stated that As part of the revisions, it was agreed that the imposition of digital sales tax on services falls under the constitutional domain of provincial governments. - Dar further clarified that the earlier proposal of imposing 18% General Sales Tax (GST) on solar panels had sparked considerable debate.
- [DWP Group and Sital Klima Sign Strategic MoU to boost Local HVAC Manufacturing](https://businessplus.com.pk/dwp-group-and-sital-klima-sign-strategic-mou-to-boost-local-hvac-manufacturing/) - In a major move to bolster the local HVAC industry, DWP Group has signed a strategic Memorandum of Understanding (MoU) with Sital Klima, a renowned global HVAC solutions provider. DWP Partners with Sital Klima Industries spa. to bring Italian-standard HVAC units to Pakistan In a major move to bolster the local HVAC industry, DWP Group has signed a strategic Memorandum of Understanding (MoU) with Sital Klima, a renowned global HVAC solutions provider. This partnership will enable DWP to manufacture air handling units (AHUs) in Pakistan for Sital Klima, adhering strictly to European design principles and global quality standards. This partnership will enable DWP to manufacture air handling units (AHUs) in Pakistan for Sital Klima, adhering strictly to European design principles and global quality standards.
- [Fatima Fertilizer Wins Big at Pakistan Digital Awards 2025 with Dual Honors](https://businessplus.com.pk/fatima-fertilizer-wins-big-at-pakistan-digital-awards-2025-with-dual-honors/) - Fatima Fertilizer has once again solidified its position as a leader in innovation, sustainability, and impactful storytelling by winning two prestigious awards at the Pakistan Digital Awards 2025. Fatima Fertilizer Wins Big at Pakistan Digital Awards 2025 with Dual Honors Fatima Fertilizer has once again solidified its position as a leader in innovation, sustainability, and impactful storytelling by winning two prestigious awards at the Pakistan Digital Awards 2025, marking its sixth consecutive year of recognition at this national platform. The company has been honored with two awards: Green Digital Advertising Campaign Award for “Leading Sustainable he campaign emphasizes how Fatima Fertilizer has mapped its business impact across eight core Sustainable Development Goals (SDGs), demonstrating its dedication to sustainability and community empowerment. - From reducing fossil fuel consumption through solar energy (SDG 7) to promoting soil health and biodiversity (SDG 15), the company is embedding sustainability across every facet of its operations.
- [Strait of Hormuz in Flames! Tankers Burn Following Devastating Crash](https://businessplus.com.pk/strait-of-hormuz-in-flames-tankers-burn-following-devastating-crash/) - A massive blaze has erupted after two tankers collided near the entrance of the Strait of Hormuz, a vital global shipping route. Strait of Hormuz in Flames! Tankers Burn Following Devastating Crash A massive blaze has erupted after two tankers collided near the entrance of the Strait of Hormuz, a vital global shipping route. The tanker collision near the Strait of Hormuz comes just a day after the UK Maritime Trade Operations (UKMTO) issued warnings about electronic interference affecting vessels and navigation in the Arabian Gulf. The The extensive fire developed after the collision aboard the Adalynn which is understood to have sustained extensive structural damage. - Frontline has described the collision as ‘navigational’ and not related to hostilities in the region. However, that raises the issue of whether ‘electronic interference’ could have been a causal factor.
- [Careem Shuts Down Operations in Pakistan](https://businessplus.com.pk/careem-shuts-down-operations-in-pakistan/) - Careem, the Middle Eastern ride-hailing service owned by Uber, has announced that it will suspend its operations in Pakistan starting July 18. Careem Shuts Down Operations in Pakistan Careem, the Middle Eastern ride-hailing service owned by Uber, has announced that it will suspend its operations in Pakistan starting July 18. The company cites economic challenges, increasing competition, and capital constraints as the primary reasons for its exit. Having pioneered app-based transport in Pakistan nearly a decade ago. Its departure marks the end of The company cites economic challenges, increasing competition, and capital constraints as the primary reasons for its exit. - The move underscores strain on Pakistan’s digital economy, as tech firms scale back amid high inflation, weak consumer demand, and tighter global capital flows.
- [Pakistan-US Investment Conference in Dallas Unlocks New Business Opportunities](https://businessplus.com.pk/pakistan-us-investment-conference-in-dallas-unlocks-new-business-opportunities/) - Pakistan and the United States have launched their most significant bilateral business partnership in decades during the Pakistan-US Investment Conference 2025 in Dallas. Pakistan-US Investment Conference held in Dallas Pakistan and the United States have launched their most significant bilateral business partnership in decades during the Pakistan-US Investment Conference 2025 in Dallas. The conference marks a historic shift in South Asian-American economic relations, with major corporations and government entities from both nations committing to unprecedented levels of collaboration. The conference represents unprecedented coordination between The conference represents unprecedented coordination between six major Pakistani government and industry organizations, SIFC, Tech Destination Pakistan, MOITT, PSEB, TDAP, and P@SHA. - This conference represents the largest Pakistan-focused technology and investment gathering ever held in the United States.
- [US$3bn project financing for Reko Diq advances with IFC/IDA loan approval](https://businessplus.com.pk/us3bn-project-financing-for-reko-diq-advances-with-ifc-ida-loan-approval/) - Reko Diq Mining Company (RDMC) is continuing to progress with the raising of up to US$3 billion of limited recourse project finance to support the development of Phase 1 of the Reko Diq project. US$3bn project financing for Reko Diq advances with IFC/IDA loan approval Reko Diq Mining Company (RDMC) is continuing to progress with the raising of up to US$3 billion of limited recourse project finance to support the development of Phase 1 of the Reko Diq project. The project involves a group of lenders including the International Finance Corporation (IFC) and the International Development Association (IDA), Asian Development The RDMC remains on track to sign project finance documents and have the project loan available for initial drawdown in the second half of 2025, said a statement issued by RMDC. -
- [FPCCI body to negotiate on law regarding businessmen’s arrest](https://businessplus.com.pk/fpcci-body-to-negotiate-on-law-regarding-businessmens-arrest/) - Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Tuesday rejected the law permitting arrest of businessmen and constituted an eight-member committee led by its President Atif Ikram Sheikh to engage in negotiations with relevant authorities in this regard. FPCCI body to negotiate on law regarding businessmen’s arrest Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Tuesday rejected the law permitting arrest of businessmen and constituted an eight-member committee led by its President Atif Ikram Sheikh to engage in negotiations with relevant authorities in this regard. They announced to shut down all industrial operations in protest, besides giving a seven-day deadline to They announced to shut down all industrial operations in protest, besides giving a seven-day deadline to address these concerns. - Referring to the introduction of Section 37AA, they said, if businessmen are arrested, they could not continue to operate their factories.
- [Pakistan's Current Account Surplus Hits $1.8 Billion in FY25](https://businessplus.com.pk/pakistans-current-account-surplus-hits-1-8-billion-in-fy25/) - Pakistan’s External Current Account Balance recorded a surplus of US$ 1.812 billion during July to May 2024-25 as compared to a deficit of $ 1.572 billion during the first 11 months of previous fiscal year. Pakistan's Current Account Surplus Hits $1.8 Billion in FY25 Pakistan’s External Current Account Balance recorded a surplus of US$ 1.812 billion during July to May 2024-25 as compared to a deficit of $ 1.572 billion during the first 11 months of previous fiscal year. However, the Current Account for the month of May 2025 recorded a deficit of $ 103 million in comparison to The Current Account for the month of May 2025 recorded a deficit of $ 103 million in comparison to a surplus of $ 47 million in April 2025 and a deficit of $ 235 million in May 2024, the State Bank of Pakistan (SBP). - The balance on Trade in goods during May 2025 was recorded as $ 3.048 billion as compared to a deficit of $ 2.629 billion in April 2025 and $ 2.007 billion in May 2024, the data depicted.
- [Pakistan and U.S. Move Forward on Key  Tariff Discussions](https://businessplus.com.pk/pakistan-and-u-s-move-forward-on-key-tariff-discussions/) - As part of ongoing Pakistan-U.S. discussions on reciprocal tariffs, Finance Minister Senator Muhammad Aurangzeb held a virtual meeting with U.S. Commerce Secretary Howard Lutnick to review and advance the negotiations. Pakistan and U.S. Move Forward on Key Tariff Discussions As part of ongoing Pakistan-U.S. discussions on reciprocal tariffs, Finance Minister Senator Muhammad Aurangzeb held a virtual meeting with U.S. Commerce Secretary Howard Lutnick to review and advance the negotiations. Both sides agreed to continue their negotiations through constructive engagement to finalize the trade deal at the earliest, according to the Ministry of Finance. The The discussions centered on meaningful engagement in trade, investment, and the strengthening of economic ties that are mutually beneficial. - It was agreed that further technical-level, detailed discussions would be held in the coming days, based on a coordinated roadmap.
- [PM Responds to Media Reports on Tax Defaulters’ Arrests, Forms Special Committee](https://businessplus.com.pk/pm-responds-to-media-reports-on-tax-defaulters-arrests-forms-special-committee/) - Prime Minister Muhammad Shehbaz Sharif has taken notice of media reports concerning the arrest of tax defaulters and has issued strict directives to ensure that no legal amendments are misused to harass the business community or taxpayers under any circumstances. PM Responds to Media Reports on Tax Defaulters’ Arrests, Forms Special Committee Prime Minister Muhammad Shehbaz Sharif has taken notice of media reports concerning the arrest of tax defaulters and has issued strict directives to ensure that no legal amendments are misused to harass the business community or taxpayers under any circumstances. Emphasizing the importance of a fair and transparent tax system, he stressed that legal measures Emphasizing the importance of a fair and transparent tax system, he stressed that legal measures should be implemented responsibly, without creating undue pressure on businesses.
- [PTCL Group & TPL Insurance Partner to Enable Device Financing for Enterprises through Financial Guarantee Framework](https://businessplus.com.pk/ptcl-group-tpl-insurance-partner-to-enable-device-financing-for-enterprises-through-financial-guarantee-framework/) - PTCL Group (PTCL & Ufone 4G), has partnered with TPL Insurance to launch a groundbreaking financial guarantee system aimed at adoption of digital tools, handhelds and IoT equipment across industries and organizations irrespective of their size. PTCL Group & TPL Insurance Partner to Enable Device Financing for Enterprises through Financial Guarantee Framework PTCL Group (PTCL & Ufone 4G), has partnered with TPL Insurance to launch a groundbreaking financial guarantee system aimed at adoption of digital tools, handhelds and IoT equipment across industries and organizations irrespective of their size. This game changing collaboration allows PTCL group to take its Device-as-a-service portfolio to new heights while offering ease of Under the program PTCL Group will offer a rich spectrum of devices covering flagship phones, tablets, customized handhelds, IoT, digitalizing and networking equipment. - This collaboration represents a significant step in PTCL Group's strategy to create enterprise-focused solutions and foster financial inclusion through technology, innovation, and strategic partnerships.
- [SBP’s Monetary Policy Committee Holds Interest Rate unchanged](https://businessplus.com.pk/sbps-monetary-policy-committee-holds-interest-rate-unchanged/) - The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 11% in its latest Monetary Policy Committee (MPC) meeting on June 16, 2025. SBP’s Monetary Policy Committee Holds Interest Rate unchanged The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 11% in its latest Monetary Policy Committee (MPC) meeting on June 16, 2025. This decision reflects the central bank’s strategy to balance inflation control with economic growth, as policymakers assess the impact of previous rate cuts and ongoing global financial The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 11% in its latest Monetary Policy Committee (MPC) meeting on June 16, 2025. -
- [Ships Signal Jamming Escalates in Persian Gulf Amid Widening Clashes](https://businessplus.com.pk/ships-signal-jamming-escalates-in-persian-gulf-amid-widening-clashes/) - Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, creating confusion in the shipping chokepoint as the fighting between Iran and Israel intensified. Ships Signal Jamming Escalates in Persian Gulf Amid Widening Clashes Glitches disrupting vessels raise collision risks, as ships rely more on radars, compasses and visual navigation Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, creating confusion in the shipping chokepoint as the fighting between Iran and Israel intensified. Starboard Maritime Intelligence and The glitches – which have affected oil tankers, cargo ships, tugs and fishing boats among others since Jun 13 – increase reliance on radars, compasses and eyesight, boosting the likelihood of collisions. - Several tanker owners have suspended sending their ships into the Persian Gulf, according to shipbrokers.
- [New Tax Rules for Non-Filers—Higher Withdrawal Limits, Increased Rates](https://businessplus.com.pk/new-tax-rules-for-non-filers-higher-withdrawal-limits-increased-rates/) - The government has revised the withholding tax on cash withdrawals by non-filers, raising both the tax rate and the exemption threshold under the Finance Bill 2025–26. New Tax Rules for Non-Filers—Higher Withdrawal Limits, Increased Rates The government has revised the withholding tax on cash withdrawals by non-filers, raising both the tax rate and the exemption threshold under the Finance Bill 2025–26. During a meeting of the National Assembly Standing Committee on Finance on Friday, Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial clarified that the withholding tax rate on Rashid Mahmood Langrial clarified that the withholding tax rate on cash withdrawals by non-filers will be increased from 0.6% to 0.8%, while the exemption limit will be raised from PKR 50,000 to PKR 75,000 per day. - NaveedQamar suggested increasing the limit to PKR 100,000, but a mutual agreement was reached between the committee and the FBR to cap it at PKR 75,000.
- [Pakistan Sees Petrol Price Hike of Rs4.80/L, Diesel Up by Rs7.95](https://businessplus.com.pk/pakistan-sees-petrol-price-hike-of-rs4-80-l-diesel-up-by-rs7-95/) - The government on Sunday increased the price of Motor Spirit (MS) Petrol by Rs4.80 per liter and high speed diesel (HSD) by Rs7.95 per litre. Pakistan Sees Petrol Price Hike of Rs4.80/L, Diesel Up by Rs7.95 The government on Sunday increased the price of Motor Spirit (MS) Petrol by Rs4.80 per liter and high speed diesel (HSD) by Rs7.95 per litre. The price of MS Petrol was fixed at Rs258.43 per litre as against its existing price of Rs253.63 per litre. Meanwhile, the price of High-Speed Diesel was increased by Rs7.95 The government has revised the prices of petroleum products for the fortnight starting from June 16, 2025. - The price of High-Speed Diesel was increased by Rs7.95 per litre as HS- Diesel would be available at Rs262.59 per litre as compared to its previous price of Rs254.64 per litre during next fortnight starting from June 16
- [Prime Minister calls for finalization of Electric Vehicles Policy 2025](https://businessplus.com.pk/prime-minister-calls-for-finalization-of-electric-vehicles-policy-2025/) - Prime Minister Muhammad Shehbaz Sharif has directed for the early finalization of the electric vehicle (EV) Policy 2025 in consultation with all stakeholders and its immediate presentation before the federal cabinet. Prime Minister calls for finalization of Electric Vehicles Policy 2025 Prime Minister Muhammad Shehbaz Sharif has directed for the early finalization of the electric vehicle (EV) Policy 2025 in consultation with all stakeholders and its immediate presentation before the federal cabinet. Prime Minister issued these directives while chairing a high-level meeting on Saturday to review the policy framework for the promotion of the electric vehicles industry The Prime Minister emphasized the need for swift and priority-based measures to promote electric motorcycles, scooters, three-wheelers, cars, and buses across Pakistan. - PM Shehbaz also underscored the importance of setting up charging infrastructure, including charging stations and battery swapping facilities, to support the expansion of the EV ecosystem.
- [Zong partners with Axis Mall to launch Pakistan’s first smart building management system](https://businessplus.com.pk/zong-partners-with-axis-mall-to-launch-pakistans-first-smart-building-management-system/) - Zong, Pakistan’s leading technology innovation company has partnered with Axis Mall and apartments – V One Associates to deploy the country’s first fully integrated Building Management Solution in a high-rise mixed-use development. Zong partners with Axis Mall to launch Pakistan’s first smart building management system Zong, Pakistan’s leading technology innovation company has partnered with Axis Mall and apartments – V One Associates to deploy the country’s first fully integrated Building Management Solution in a high-rise mixed-use development. Located in Faisal Town, Islamabad, Axis Mall & Apartments is a state-of-the-art 18-floor facility comprising residential apartments and commercial shops, now powered by As part of this collaboration, Zong will deploy a comprehensive fiber backbone throughout Axis Mall & Apartments, providing tenants with seamless Managed WiFi across all units. - An integrated application will further enhance the experience by allowing users to manage individual units, streamline tenant operations, and access a range of value-added digital services.
- [Pakistan’s Airspace Remains Operational Amid Regional Unrest](https://businessplus.com.pk/pakistans-airspace-remains-operational-amid-regional-unrest/) - Despite rising tensions in the region, Pakistan’s airspace remains fully operational and continues to be effectively used by international airlines, according to the Pakistan Airports Authority. Pakistan’s Airspace Remains Operational Amid Regional Unrest Despite rising tensions in the region, Pakistan’s airspace remains fully operational and continues to be effectively used by international airlines, according to the Pakistan Airports Authority. The Authority confirmed that international flights are facing no obstacles while transiting through Pakistani airspace. “There are no disruptions in air traffic flow. All international and domestic flights are The Authority confirmed that international flights are facing no obstacles while transiting through Pakistani airspace. - There are no disruptions in air traffic flow. All international and domestic flights are being managed smoothly and safely.
- [Cars’ sale up 32.10% to 94,388 units during Jul-May 2025](https://businessplus.com.pk/cars-sale-up-32-10-to-94388-units-during-jul-may-2025/) - The sale of cars during the first eleven months of the current fiscal year 2024-25 increased by 32.10 percent compared to the same months of last year, Pakistan Automobile Manufacturing Association. Cars’ sale up 32.10% to 94,388 units during Jul-May 2025 The sale of cars during the first eleven months of the current fiscal year 2024-25 increased by 32.10 percent compared to the same months of last year, Pakistan Automobile Manufacturing Association. According to the data, as many as 94,388 cars were sold during the months under review as opposed to 71,451 units in the same Suzuki Swift’s sales also rose by 58.90 percent as its sales surged from 4,628 units to 7,354 units this year. - Suzuki Alto’s sales witnessed an increase of 17.24 percent from 31,531 units to 36,969 units during the current year.
- [SBP’s Upcoming Monetary Policy Shift: What to Expect on June 16](https://businessplus.com.pk/sbps-upcoming-monetary-policy-shift-what-to-expect-on-june-16/) - The State Bank of Pakistan will announce Monetary Policy on June 16 in a meeting of the Monetary Policy Committee (MPC). SBP’s Upcoming Policy Shift: What to Expect on June 16 The State Bank of Pakistan will announce Monetary Policy on June 16 in a meeting of the Monetary Policy Committee (MPC). The decision, expected to outline key economic measures, will be closely watched by financial experts, businesses, and investors as Pakistan navigates evolving global and domestic economic conditions. The forthcoming policy update will address inflation The decision, expected to outline key economic measures, will be closely watched by financial experts, businesses, and investors as Pakistan navigates evolving global and domestic economic conditions. - The forthcoming policy update will address inflation trends, interest rate adjustments, and the broader economic outlook, providing crucial insights into Pakistan’s financial direction.
- [Minister propose revisions in E-Commerce taxation framework to support SMEs](https://businessplus.com.pk/minister-propose-revisions-in-e-commerce-taxation-framework-to-support-smes/) - Minister for Commerce Jam Kamal Khan announced on Thursday that E-Commerce Policy 2.0 has reached its final stages of internal review and is nearing completion. The revised policy, aimed at fostering digital trade and empowering small businesses, will soon be presented to the Federal Cabinet for formal approval. This strategic update is expected to enhance regulatory frameworks, streamline operations for online businesses, and strengthen Pakistan’s position in the global digital economy. Minister propose revisions in E-Commerce taxation framework to support SMEs Minister for Commerce Jam Kamal Khan announced on Thursday that E-Commerce Policy 2.0 has reached its final stages of internal review and is nearing completion. The revised policy, aimed at fostering digital trade and empowering small businesses, will soon be presented to the Federal Cabinet for formal approval. This strategic update is expected to enhance The revised policy, aimed at fostering digital trade and empowering small businesses, will soon be presented to the Federal Cabinet for formal approval. - Minister for Commerce Jam Kamal Khan highlighted this rapid growth, noting that industry forecasts predict a 17% compound annual growth rate (CAGR) through 2027.
- [Pakistan Open Data Conference 2025 Marks the Launch of National Open Data Portal](https://businessplus.com.pk/pakistan-open-data-conference-2025-marks-the-launch-of-national-open-data-portal/) - The National Center in Big Data and Cloud Computing (NCBC) at LUMS, in collaboration with the Ministry of Planning, Development & Special Initiatives (MoPD&SI), hosted the Pakistan Open Data Conference 2025 in Islamabad. The event marked a pivotal moment in the country’s digital transformation journey with the official launch of the National Open Data Portal (NODP). Pakistan Open Data Conference 2025 Marks the Launch of National Open Data Portal LUMS and Ministry of Planning Join Forces to Champion Data Transparency and Innovation The National Center in Big Data and Cloud Computing (NCBC) at LUMS, in collaboration with the Ministry of Planning, Development & Special Initiatives (MoPD&SI), hosted the Pakistan Open Data Conference 2025 in Islamabad. The event marked a pivotal moment in the country’s This first-of-its-kind portal, developed by NCBC at LUMS, will serve as Pakistan’s central platform for public access to government datasets across vital sectors such as health, education, economy, environment, infrastructure, and demographics. - The portal is designed to promote transparency, empower researchers and civil society, and enable data-driven policymaking and innovation.
- [Pakistan’s Automobile Sector Post Budget 2025-26: Challenges and Opportunities](https://businessplus.com.pk/pakistans-automobile-sector-post-budget-2025-26-challenges-and-opportunities/) - The Pakistan Budget 2025–26 has introduced significant policy measures impacting the automobile industry. From new taxation structures to import restrictions, the sector faces both hurdles and potential growth opportunities. Pakistan’s Automobile Sector Post Budget 2025-26: Challenges and Opportunities The Pakistan Budget 2025–26 has introduced significant policy measures impacting the automobile industry. From new taxation structures to import restrictions, the sector faces both hurdles and potential growth opportunities. Key Changes in the Budget: Higher Taxes on Non-Filers The government has imposed a strict ban on vehicle purchases for non-filers, aiming to boost tax compliance. Increased Import Duties on CBUs (Completely Built Units) To promote local manufacturing, the budget has raised import duties on fully assembled vehicles. -
- [DWP Technologies Enables JS Bank with Strategic ACI Deployment](https://businessplus.com.pk/dwp-technologies-enables-js-bank-with-strategic-aci-deployment/) - DWP Technologies and JS Bank officially entered into a transformative partnership through the signing of a three-year Cisco Infrastructure Services contract, marking a significant milestone in digital infrastructure development. This strategic alliance focuses on deploying Cisco's cutting-edge Application Centric Infrastructure (ACI) to elevate JS Bank’s operational agility, network security, and digital efficiency. DWP Technologies Enables JS Bank with Strategic ACI Deployment DWP Technologies and JS Bank officially entered into a transformative partnership through the signing of a three-year Cisco Infrastructure Services contract, marking a significant milestone in digital infrastructure development. This strategic alliance focuses on deploying Cisco's cutting-edge Application Centric Infrastructure (ACI) to elevate JS Bank’s operational agility, network security, and digital efficiency. The signing ceremony This strategic alliance focuses on deploying Cisco's cutting-edge Application Centric Infrastructure (ACI) to elevate JS Bank’s operational agility, network security, and digital efficiency. - DWP Technologies has successfully provided, designed, and deployed Cisco ACI at JS Bank’s Karachi facility, reinforcing its leadership in enterprise technology solutions.
- [Meta AI Introduces Generative Video Editing for Creativity](https://businessplus.com.pk/meta-ai-introduces-generative-video-editing-for-creativity/) - Meta AI is unveiling a generative AI video editing feature, now available in the Meta AI app, the Meta.AI website, and the Edits app. This new capability allows users to enhance short-form videos through a selection of preset AI prompts, transforming elements like outfits, locations, and lighting with a simple tap. Meta AI Introduces Generative Video Editing for Creativity Meta AI is unveiling a generative AI video editing feature, now available in the Meta AI app, the Meta.AI website, and the Edits app. This new capability allows users to enhance short-form videos through a selection of preset AI prompts, transforming elements like outfits, locations, and lighting with a simple tap. Inspired by Meta’s Movie This new capability allows users to enhance short-form videos through a selection of preset AI prompts, transforming elements like outfits, locations, and lighting with a simple tap. - Edited videos can be shared directly to Facebook and Instagram from the Meta AI and Edits apps, or posted to the Discover feed via the Meta.AI website.
- [Invisible No More: Mobilink Bank's Inheritance Campaign Shortlisted at Cannes Lions 2025](https://businessplus.com.pk/invisible-no-more-mobilink-banks-inheritance-campaign-shortlisted-at-cannes-lions-2025/) - Pakistan's leading digital microfinance Bank, Mobilink Bank's inheritance campaign, has been shortlisted for the prestigious Cannes Lions International Festival of Creativity 2025 in the 'Glass: The Lion for Change' category. Invisible No More: Mobilink Bank's Inheritance Campaign Shortlisted at Cannes Lions 2025 Pakistan's leading digital microfinance Bank, Mobilink Bank's inheritance campaign, has been shortlisted for the prestigious Cannes Lions International Festival of Creativity 2025 in the 'Glass: The Lion for Change' category. The Invisible Heirs campaign tackles systemic barriers to women's inheritance rights in Pakistan by highlighting a long-ignored issue through data-driven tools and impactful storytelling. Cannes The Invisible Heirs campaign tackles systemic barriers to women's inheritance rights in Pakistan by highlighting a long-ignored issue through data-driven tools and impactful storytelling. - Cannes Lions received over 251 global entries in the subject category, with only 28 campaigns making it to the shortlist.
- [Pakistan to Make First $500M Eurobond Installment in September](https://businessplus.com.pk/pakistan-to-make-first-500m-eurobond-installment-in-september/) - Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has announced that the government is fully prepared to make the first installment payment of $500 million on Eurobonds due in September 2025. Pakistan to Make First $500M Eurobond Installment in September Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has announced that the government is fully prepared to make the first installment payment of $500 million on Eurobonds due in September 2025. Speaking at the post-budget press conference, he added that the second installment was scheduled for March–April next year, adding the government was fully Finance Minister also announced the launch of Pakistan’s inaugural Panda Bond issuance later this year. - Speaking at the post-budget press conference, he added that the second installment was scheduled for March–April next year, adding the government was fully equipped to manage its external financing obligations.
- [GST Hike: Solar Panels, Cars & Online Shopping gone Costlier](https://businessplus.com.pk/gst-hike-solar-panels-cars-online-shopping-gone-costlier/) - GST Hike: Solar Panels, Cars & Online Shopping gone Costlier GST Hike: Solar Panels, Cars & Online Shopping gone Costlier In the Budget 2025-26 to encourage local manufacturing of solar panels, the government has proposed to impose 18% sales tax on the import of solar panels. In a significant policy shift, the government has announced a uniform 18% sales tax on small vehicles up to 850cc, replacing the previously lower tax rates applied to certain In the Budget 2025-26 to encourage local manufacturing of solar panels, the government has proposed to impose 18% sales tax on the import of solar panels. - In a significant policy shift, the government has announced a uniform 18% sales tax on small vehicles up to 850cc, replacing the previously lower tax rates applied to certain models.
- [Aurangzeb Announces Tax Relief for Salaried Class & Construction Sector](https://businessplus.com.pk/aurangzeb-announces-tax-relief-for-salaried-class-construction-sector/) - Minister for Finance and Revenue Muhammad Aurangzeb announced major tax relief measures for salaried persons, construction sector, and purchase of immovable property besides introducing tax credit to provide loans to construct low-cost houses. Aurangzeb Announces Tax Relief for Salaried Class & Construction Sector Minister for Finance and Revenue Muhammad Aurangzeb announced major tax relief measures for salaried persons, construction sector, and purchase of immovable property besides introducing tax credit to provide loans to construct low-cost houses. This relief will not only simplify the tax structure but will also ensure a balance between inflation and take-home salary by reducing The tax rate for those earning between Rs.600,000 and Rs.1.2 million has been reduced from 5% to just 1%. Furthermore, it is also proposed to reduce the tax amount for salaried people earning between Rs.1.2 million and Rs2.2 million from Rs.30,000 to Rs.6,000 and the minimum tax rate is also proposed to be reduced to 11% from 15%. - He said the tax rate on the interest income has been proposed to increase from current 15% to 20%. However, he made it clear that this increase will not apply on the national savings and small scale savings.
- [Tax Relief for Beverage & Tobacco Industry in Budget 2025-26](https://businessplus.com.pk/tax-relief-for-beverage-tobacco-industry-in-budget-2025-26/) - Tax Relief for Beverage & Tobacco Industry in Budget 2025-26 Tax Relief for Beverage & Tobacco Industry in Budget 2025-26 The Budget 2025-26 aims to strike a balance between economic relief and tax expansion, aligning with IMF directives to strengthen revenue generation while easing financial burdens on key sectors. The Budget 2025-26 introduces a strategic 2-3% reduction in regulatory and customs duties on over 3,500 imported items, prioritizing raw material imports for industrial and construction The Budget 2025-26 introduces new taxes on fertilizers, pesticides, and bakery items. - Abolishing tax exemptions for the former FATA region and introducing a 12% tax.
- [Agriculture sector grew by 0.56% in FY 2024-25:Economic Survey](https://businessplus.com.pk/agriculture-sector-grew-by-0-56-in-fy-2024-25economic-survey/) - The Important crops during the period under review declined by 13.49 per cent due to reduced cultivation area and adverse weather conditions, significantly affecting cotton (-30.7%), wheat (-8.9%), sugarcane (-3.9%), maize (-15.4%), and rice (-1.4%). Agriculture sector grew by 0.56% in FY 2024-25:Economic Survey The agriculture sector in the country grew by 0.56 per cent during the fiscal year 2024-25 as compared to the same period of the last year, according to the Economic Survey of Pakistan 2024-25. During the period under review livestock sector observed a 4.72 per cent growth, forestry by 3.30 per cent, and the fisheries The Important crops during the period under review declined by 13.49 per cent due to reduced cultivation area and adverse weather conditions, significantly affecting cotton (-30.7%), wheat (-8.9%), sugarcane (-3.9%), maize (-15.4%), and rice (-1.4%). - During the period under review livestock sector observed a 4.72 per cent growth, forestry by 3.30 per cent, and the fisheries sector grew by 1.42 per cent, the survey revealed.
- [CCP grants exemptions to boost innovation access in pharmaceutical sector](https://businessplus.com.pk/ccp-grants-exemptions-to-boost-innovation-access-in-pharmaceutical-sector/) - The Competition Commission of Pakistan (CCP) has granted exemptions to boost innovation access in Pharmaceutical sector for maintaining market fairness. In line with its mandate to promote fair competition and protect consumer welfare, the CCP has granted six exemptions to undertakings in the pharmaceutical sector for the fiscal year 2024–25, under Section 5 of the CCP grants exemptions to boost innovation access in pharma sector The Competition Commission of Pakistan (CCP) has granted exemptions to boost innovation access in Pharmaceutical sector for maintaining market fairness. In line with its mandate to promote fair competition and protect consumer welfare, the CCP has granted six exemptions to undertakings in the pharmaceutical sector for the fiscal year 2024–25, under Section 5 of the The Commission noted that these exemptions are expected to improve service delivery, increase the availability of medicines in underserved regions, and lead to better public health outcomes. - Consumers stand to benefit from access to advanced pharmaceutical technologies, more reliable product information, and higher standards of service.
- [Uzbekistan Airways Launches Direct Tashkent–Islamabad Flights on June 14](https://businessplus.com.pk/uzbekistan-airways-launches-direct-tashkent-islamabad-flights-on-june-14/) - The Uzbekistan Airways will be launched direct ‘Tashkent–Islamabad’ flights starting June 14, 2025 for increasing the air connectivity between two friend countries. Uzbekistan Airways Launches Direct Tashkent–Islamabad Flights on June 14 The Uzbekistan Airways will be launched direct ‘Tashkent–Islamabad’ flights starting June 14, 2025 for increasing the air connectivity between two friend countries. As part of a broader vision to enhance regional integration and connectivity, Uzbekistan Airways, the national carrier of the Republic of Uzbekistan, will launch direct flights between Tashkent and Islamabad mid of June Uzbekistan Airways currently operates biweekly direct flights to Lahore on Wednesdays and Fridays. - These connections are helping expand the airline’s regional footprint, linking Pakistan’s major cities not only with Uzbekistan, but also with the wider Central Asian region and beyond.
- [Aamir Ibrahim urges govt to reduce telecom taxes, support digital growth](https://businessplus.com.pk/aamir-ibrahim-urges-govt-to-reduce-telecom-taxes-support-digital-growth/) - Aamir Ibrahim, CEO of Jazz and Chairman of the Telecom Operators Association, has called on the government to reduce the tax burden on the telecom sector and take urgent steps to bring the informal economy into the tax net. He emphasized that digital connectivity is now as essential as roads, electricity, and water, and should Aamir Ibrahim urges govt to reduce telecom taxes, support digital growth Aamir Ibrahim, CEO of Jazz and Chairman of the Telecom Operators Association, has called on the government to reduce the tax burden on the telecom sector and take urgent steps to bring the informal economy into the tax net. He emphasized that digital connectivity is now as essential as roads, electricity, and water, and should The proposal also urged that the 4% withholding tax on telecom services under Section 153 be made adjustable rather than treated as a minimum tax. - Similarly, the 10% advance income tax on spectrum auctions and renewals under Section 236A should be abolished, and the time period for carrying forward minimum tax credits under Section 113 should be restored to five years—reversing the change made in the Finance Act 2024.”
- [Pakistan's Trade Deficit Down 23.47% in May 2025](https://businessplus.com.pk/pakistans-trade-deficit-down-23-47-in-may-2025/) - Exports from the country during May 2025 grew by 17.43 per cent, whereas imports into the country decreased by 7.58 per cent compared to the previous month (April) of the financial year 2024-25. Pakistan's Trade Deficit Down 23.47% in May 2025 Exports from the country during May 2025 grew by 17.43 per cent, whereas imports into the country decreased by 7.58 per cent compared to the previous month (April) of the financial year 2024-25. The trade deficit stood at $2.619 billion in May 2025, down 23.47 per cent from the previous month, according to the latest Exports from the country during the month of May 2025 were recorded at $2.553 billion as compared to the exports of $2.174 billion, showing an increase of about 17.43 per cent on a month basis. - On a year-on-year basis, the trade deficit of the country grew by 26.16 per cent as exports decreased by 10.07 per cent.
- [Shahid Afridi says empowering daughters from deprived families with quality education is a must for Pakistan's progress](https://businessplus.com.pk/shahid-afridi-says-empowering-daughters-from-deprived-families-with-quality-education-is-a-must-for-pakistans-progress/) - Renowned sports celebrity and global charity leader of Pakistan, Shahid Afridi has said that empowering daughters of deprived families with quality education is a prerequisite for Pakistan's development and progress. Shahid Afridi says empowering daughters from deprived families with quality education is a must for Pakistan's progress Renowned sports celebrity and global charity leader of Pakistan, Shahid Afridi has said that empowering daughters of deprived families with quality education is a prerequisite for Pakistan's development and progress. Shahid Afridi, who is Chairman of the Shahid Afridi Foundation (SAF), stated this while speaking as the chief guest at Joint, mega Dinner of Shahid Shahid Afridi Foundation and Green Crescent Trust organized to kick off the joint campaign of the non-profits SAF and Green Crescent Trust (GCT) to provide quality school education to over 33,000, extremely deprived, out-of-school children. - GCT's many state of the art school buildings are under construction in the remote areas for the underprivileged children and will be inaugurated well before December 2025, he added.
- [Pacific Blaze: EV-Laden Ship Abandoned After Fire Breaks Out](https://businessplus.com.pk/pacific-blaze-ev-laden-ship-abandoned-after-fire-breaks-out/) - A cargo ship transporting approximately 3,000 vehicles to Mexico was abandoned in the Pacific Ocean after a fire broke out on Tuesday, June 3. The incident underscores the increasing risks associated with electric vehicle (EV) transportation, as lithium-ion battery fires can be particularly challenging to control. Pacific Blaze: EV-Laden Ship Abandoned After Fire Breaks Out EV fires are tougher to control due to thermal runaway, intense heat, and toxic fumes. A cargo ship transporting approximately 3,000 vehicles to Mexico was abandoned in the Pacific Ocean after a fire broke out on Tuesday, June 3. The incident underscores the increasing risks associated with electric vehicle (EV) transportation, as lithium-ion battery fires A cargo ship transporting approximately 3,000 vehicles to Mexico was abandoned in the Pacific Ocean after a fire broke out on Tuesday, June 3. - The cargo ship Morning Midas caught fire approximately 300 miles south of Adak Island, Alaska, according to the U.S. Coast Guard. Thick smoke was first spotted billowing from one of the decks, raising alarms about the vessel’s safety. The ship, carrying around 800 electric vehicles (EVs), was abandoned as the fire intensified, Zodiac Maritime confirmed in a statement.
- [CCP Cracks Down on Fertilizer Cartel, Imposes Rs.375M Fine](https://businessplus.com.pk/ccp-cracks-down-on-fertilizer-cartel-imposes-rs-375m-fine/) - The Competition Commission of Pakistan (CCP) has crack down on collusion in fertilizer sector, imposed Rs 375 million in fines on leading fertilizer industry associations. CCP Cracks Down on Fertilizer Cartel, Imposes Rs.375M Fine The Competition Commission of Pakistan (CCP) has crack down on collusion in fertilizer sector, imposed Rs.375 million in fines on leading fertilizer industry associations. The Competition Commission of Pakistan has taken decisive action against anti-competitive conduct in the fertilizer sector, imposing a penalty of Rs.50 million on each of the six major Urea Manufacturers, and The Competition Commission of Pakistan has taken decisive action against anti-competitive conduct in the fertilizer sector, imposing a penalty of Rs.50 million on each of the six major Urea Manufacturers. - The Commission’s investigation uncovered that the conduct not only distorted competition, but also harmed farmers across Pakistan, especially during the critical Rabi and Kharif season, by artificially influencing fertilizer prices and limiting market choice.
- [Spotify’s Fresh Finds Celebrates a Decade of Discovering Breakout Talent](https://businessplus.com.pk/spotifys-fresh-finds-celebrates-a-decade-of-discovering-breakout-talent/) - Spotify has announced a major milestone for 2025 - 10 years of Fresh Finds, the initiative designed to help independent artists get discovered at the earliest stages of their careers. Since its launch in 2015, Fresh Finds has supported nearly 70,000 artists, becoming a global pipeline for new talent and a key discovery engine across genres. Spotify’s Fresh Finds Celebrates a Decade of Discovering Breakout Talent Afusic emerges as a success story of the Fresh Finds program in Pakistan. Spotify has announced a major milestone for 2025 - 10 years of Fresh Finds, the initiative designed to help independent artists get discovered at the earliest stages of their careers. Since its launch in 2015, Fresh Finds has supported nearly 70,000 artists, Since its launch in 2015, Fresh Finds has supported nearly 70,000 artists, becoming a global pipeline for new talent and a key discovery engine across genres. - The Fresh Finds ecosystem includes both global and local playlists, and a wide range of genre-based collections.
- [Bilal Meets Executive Director of Trump’s Council on Digital Assets for Strategic Talks](https://businessplus.com.pk/bilal-meets-executive-director-of-trumps-council-on-digital-assets-for-strategic-talks/) - Minister of State for Crypto, Blockchain and CEO of the Pakistan Crypto Council Bilal Bin Saqib has met with the Executive Director of President Trump’s Council on Digital Assets, Robert ‘Bo’ Hines at the White House and discussed strategic alignment on digital assets, Bitcoin integration and the future of decentralized infrastructure. Bilal Meets Executive Director of Trump’s Council on Digital Assets for Strategic Talks Minister of State for Crypto, Blockchain and CEO of the Pakistan Crypto Council Bilal Bin Saqib has met with the Executive Director of President Trump’s Council on Digital Assets, Robert ‘Bo’ Hines at the White House and discussed strategic alignment on digital assets, Bitcoin integration and the future of decentralized infrastructure. During their meeting, both Executive Director of President Trump’s Council on Digital Assets, Robert ‘Bo’ Hines at the White House and discussed strategic alignment on digital assets, Bitcoin integration and the future of decentralized infrastructure. - The discussions highlighted mutual interests in advancing fintech solutions and fostering a more cohesive regulatory framework
- [FBR mulls doubling cash withdrawal tax for non-filers in Budget 2025](https://businessplus.com.pk/fbr-mulls-doubling-cash-withdrawal-tax-for-non-filers-in-budget-2025/) - The Federal Board of Revenue (FBR) is considering a proposal to double the tax on cash withdrawals from banks for non-filers in the upcoming Budget 2025. The move is part of a broader plan to discourage informal economic activity and bring more people into the tax net. FBR mulls doubling cash withdrawal tax for non-filers in Budget 2025 Currently, non-filers are taxed at 0.6% on cash withdrawals exceeding Rs50,000 per day. Under the new proposal, this rate may be increased to 1% or even 1.2%. Meanwhile, filers remain exempt from any such tax on cash withdrawals. The Federal Board of Revenue (FBR) is considering a proposal to double the tax on cash withdrawals Currently, non-filers are taxed at 0.6% on cash withdrawals exceeding Rs50,000 per day. Under the new proposal, this rate may be increased to 1% or even 1.2%. - the government shared that it intends to lower the tax rate for the lowest income slab (Rs600,001 to Rs1.2 million annually) from 5% to 1%, with a 2% to 2.5% reduction proposed for other slabs.
- [SBP Declares Four-Day Eid-ul-Azha Holidays from June 6 to 9](https://businessplus.com.pk/sbp-declares-four-day-eid-ul-azha-holidays-from-june-6-to-9/) - The State Bank of Pakistan, announced 4-day Eid-ul-Azha holidays for the banking and financial sectors from June 6 to 9, 2025 and all the banks and financial institutions will remain closed for four days. SBP Declares Four-Day Eid-ul-Azha Holidays from June 6 to 9 The State Bank of Pakistan, announced 4-day Eid-ul-Azha holidays for the banking and financial sectors from June 6 to 9, 2025 and all the banks and financial institutions will remain closed for four days. The State Bank of Pakistan has officially announced that it will remain closed from June 6 to June 9, 2025 (Friday The State Bank of Pakistan has officially announced that it will remain closed from June 6 to June 9, 2025 (Friday to Monday) in observance of Eid-ul-Adha. - All banks, Microfinance Banks (MFBs), and Development Finance Institutions (DFIs) will observe Eid-ul-Azha holidays on the mentioned dates and will remain closed for four consecutive days.
- [Pakistan’s Exports to US Surge 11.78% in 10 Months](https://businessplus.com.pk/pakistans-exports-to-us-surge-11-78-in-10-months/) - Pakistan’s export of goods and services to the United States (US) witnessed an increase of 11.78 percent during the first ten months of fiscal year (2024-25). Pakistan’s Exports to US Surge 11.78% in 10 Months Pakistan’s export of goods and services to the United States (US) witnessed an increase of 11.78 percent during the first ten months of fiscal year (2024-25). The overall exports to the US were recorded at US $5.036 billion during July-April (2024-25) against exports of US $4.505 billion during July-April (2023-24), SBP data revealed. On a The overall exports to the US were recorded at US $5.036 billion during July-April (2024-25) against exports of US $4.505 billion during July-April (2023-24), SBP data revealed. - Meanwhile, on a month-on-month basis, the exports to the US witnessed a decrease of 7.33 percent during April 2025.
- [PTCL integrates software driven storage platforms from dell technologies to modernize its Data center infrastructure](https://businessplus.com.pk/ptcl-integrates-software-driven-storage-platforms-from-dell-technologies-to-modernize-its-data-center-infrastructure/) - Pakistan’s leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL) has teamed up with renowned technology solutions provider, DWP Technologies to integrate software driven Enterprise and Mid-tier storage platforms from Dell Technologies to modernize its data center infrastructure. PTCL integrates software driven storage platforms from dell technologies to modernize its Data center infrastructure Pakistan’s leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL) has teamed up with renowned technology solutions provider, DWP Technologies to integrate software driven Enterprise and Mid-tier storage platforms from Dell Technologies to modernize its data center infrastructure. A signing ceremony was held in Islamabad to formalize the partnership, attended by Jafar Khalid, The upgraded infrastructure introduces several advanced features designed to elevate PTCL’s service delivery and operational effectiveness. - The transformation also features significant operational benefits, including drastic reduction in PTCL’s Data Center footprint, along with its power and cooling requirements, leading to lower operational costs and greater energy efficiency.
- [Pervaiz Malik & SOCAR President Discuss Strengthening Energy Ties](https://businessplus.com.pk/pervaiz-malik-socar-president-discuss-strengthening-energy-ties/) - Federal Minister for Petroleum Ali Pervaiz Malik and the President of the State Oil Company of Azerbaijan Republic (SOCAR) held a significant meeting in Baku, focusing on strengthening bilateral energy cooperation. Pervaiz Malik & SOCAR President Discuss Strengthening Energy Ties Federal Minister for Petroleum Ali Pervaiz Malik and the President of the State Oil Company of Azerbaijan Republic (SOCAR) held a significant meeting in Baku, focusing on strengthening bilateral energy cooperation. During their discussions, both sides shared insights on mutual interests, highlighting the importance of collaboration in the energy sector. They explored potential investments and They explored potential investments and joint ventures aimed at enhancing energy security and promoting sustainable development. - Ali Pervaiz Malik highlighted Pakistan’s commitment to fostering strong partnerships with global energy leaders like SOCAR.
- [Türkiye’s Night Museums Project Opens 27 Historic Sites for Nocturnal Visits](https://businessplus.com.pk/turkiyes-night-museums-project-opens-27-historic-sites-for-nocturnal-visits/) - This June, the Turkish Ministry of Culture and Tourism is inviting the world to experience a deeper, more enchanting side of the country’s history through the Night Museums Project, a transformative initiative that reimagines cultural tourism by illuminating 27 of Türkiye’s most iconic sites after dark and allowing entry of visitors. Türkiye’s Night Museums Project Opens 27 Historic Sites for Nocturnal Visits This June, the Turkish Ministry of Culture and Tourism is inviting the world to experience a deeper, more enchanting side of the country’s history through the Night Museums Project, a transformative initiative that reimagines cultural tourism by illuminating 27 of Türkiye’s most iconic sites after dark and allowing entry of visitors. The initiative turns cultural The initiative turns cultural sites into vibrant evening attractions, encouraging travellers to explore more. - It also supports sustainable tourism by distributing visitor traffic throughout the day, aligning with Türkiye’s broader vision of extending tourism to 81 cities and 12 months.
- [Pakistan Dairy Association Hosts National Seminar to Celebrate World Milk Day](https://businessplus.com.pk/pakistan-dairy-association-hosts-national-seminar-to-celebrate-world-milk-day/) - The Pakistan Dairy Association (PDA) recently convened a high-level National Seminar in Lahore to commemorate World Milk Day under the theme “Safe Milk, Safe Nation: Affordable Dairy for a Healthier Nation.” The event brought together senior government officials, industry leaders, and dairy experts to advocate for a national shift toward safer, regulated milk and to explore the strategic role of the formal dairy sector in enhancing public health, food security, and sustainable economic development. Pakistan Dairy Association Hosts National Seminar to Celebrate World Milk Day The Pakistan Dairy Association (PDA) recently convened a high-level National Seminar in Lahore to commemorate World Milk Day under the theme “Safe Milk, Safe Nation: Affordable Dairy for a Healthier Nation.” The event brought together senior government officials, industry leaders, and dairy experts to advocate for a national shift toward safer, regulated milk and to Adding to this perspective, Mr. Noor Aftab, Director Corporate Affairs – Pakistan & MENA at Tetra Pak, highlighted the importance of innovation in dairy processing and packaging. “Milk is more than daily nutrition—it’s a cornerstone of public health, food resilience, and economic progress. - A technical session titled “Safe Milk and Safe Nation” explored the affordability and accessibility of safe dairy for all citizens.
- [LUMS Hosts UX Pakistan 2025: The Country’s Largest Design Conference Promoting Human-Centered Innovation for National Transformation](https://businessplus.com.pk/lums-hosts-ux-pakistan-2025-the-countrys-largest-design-conference-promoting-human-centered-innovation-for-national-transformation/) - The Lahore University of Management Sciences (LUMS) recently hosted the 8th edition of UX Pakistan 2025, the country’s largest and longest-running design conference, bringing together a vibrant assembly of designers, technologists, educators, and thought leaders from across Pakistan and beyond. With the theme “Design for Social Impact”, the two-day event marked a pivotal moment in the national discourse on design, positioning it not just as an aesthetic tool but as a strategic force for societal transformation. LUMS Hosts UX Pakistan 2025: The Country’s Largest Design Conference Promoting Human-Centered Innovation for National Transformation The Lahore University of Management Sciences (LUMS) recently hosted the 8th edition of UX Pakistan 2025, the country’s largest and longest-running design conference, bringing together a vibrant assembly of designers, technologists, educators, and thought leaders from across Pakistan and beyond. With the theme “Design for Social Impact”, the two-day event marked a pivotal moment in This year’s conference featured design leaders challenging the status quo, urging a shift from traditional, surface-level interpretations of design toward its strategic application in addressing Pakistan’s most pressing challenges—from inclusive education and public health to climate resilience and equitable urban development. - Now a cornerstone initiative in the local design ecosystem, UX Pakistan began as a student-led movement at LUMS and has evolved into a national platform for design discourse and action.
- [Govt to Present Federal Budget 2025-26 on June 10](https://businessplus.com.pk/govt-to-present-federal-budget-2025-26-on-june-10/) - Advisor to the Finance Minister, Khurram Schehzad, has announced that the federal budget for the fiscal year 2025-26 will be presented on June 10, 2025. Govt to Present Federal Budget 2025-26 on June 10 Advisor to the Finance Minister, Khurram Schehzad, has announced that the federal budget for the fiscal year 2025-26 will be presented on June 10, 2025. According to the official X handle, “As communicated earlier, the upcoming Federal Budget FY-26 is on schedule to be announced on June 10, 2025. Similarly, the upcoming Pakistan Economic Survey According to the official X handle, “As communicated earlier, the upcoming Federal Budget FY-26 is on schedule to be announced on June 10, 2025. - Similarly, the upcoming Pakistan Economic Survey FY-25 is scheduled to be announced on June 9, 2025”.
- [PAFLA & Innovista forge partnership to empower over 50,000 Freelancers](https://businessplus.com.pk/pafla-innovista-forge-partnership-to-empower-over-50000-freelancers/) - Pakistan Freelancers Association (PAFLA), the national-level representative body of freelancers, and Innovista, a National Initiative of SIFC for collaborative workspaces and innovative platforms, have announced a strategic partnership aimed at creating transformative opportunities, including capacity building and business collaboration more than 50,000 freelancers every year across Pakistan. PAFLA & Innovista forge partnership to empower over 50,000 Freelancers Pakistan Freelancers Association (PAFLA), the national-level representative body of freelancers, and Innovista, a National Initiative of SIFC for collaborative workspaces and innovative platforms, have announced a strategic partnership aimed at creating transformative opportunities, including capacity building and business collaboration more than 50,000 freelancers every year across Pakistan. This landmark collaboration is set to reshape the This landmark collaboration is set to reshape the freelance ecosystem through capacity building, digital infrastructure, and policy advocacy—paving the way for freelancers to play an even more critical role in the national economy. - Key initiatives under the PAFLA-Innovista partnership, including the launch of nationwide freelancers' training boot camps, access to co-working and co-learning space at Innovista, creating awareness campaigns on freelancing rights, taxation, and global platforms, and onboarding of the freelancers at Innovista etc.
- [Farooq Naseem, Chairman & CEO DWP Group, Inspires Future Leaders at UMT](https://businessplus.com.pk/farooq-naseem-chairman-ceo-dwp-group-inspires-future-leaders-at-umt/) - Farooq Naseem, Chairman and CEO of DWP Group, delivered a keynote address at the University of Management and Technology (UMT), Lahore, for its flagship event titled "Business Leaders with Future Leaders,” which was moderated by President UMT, Ibrahim Hassan Murad. The event aimed to bridge the gap between academia and industry by connecting accomplished business leaders with aspiring students. Farooq Naseem, Chairman & CEO DWP Group, Inspires Future Leaders at UMT Farooq Naseem, Chairman and CEO of DWP Group, delivered a keynote address at the University of Management and Technology (UMT), Lahore, for its flagship event titled "Business Leaders with Future Leaders,” which was moderated by President UMT, Ibrahim Hassan Murad. The event aimed to bridge the gap between academia and industry by connecting accomplished business The event aimed to bridge the gap between academia and industry by connecting accomplished business leaders with aspiring students. - “It’s an honor and privilege to address the future of our country,” Farooq Naseem remarked. “Leadership is not about titles; it’s about perseverance, respect for people, and creating environments where individuals can thrive.”
- [Emirates Pakistan and Consulate of Italy Ink Partnership to Enhance Diplomatic Travel and Cultural Exchange](https://businessplus.com.pk/emirates-pakistan-and-consulate-of-italy-ink-partnership-to-enhance-diplomatic-travel-and-cultural-exchange/) - Emirates, the world's largest international airline, has signed a Memorandum of Understanding (MOU) with the Consulate of Italy in Karachi to seamlessly facilitate diplomatic travel and promote cultural and business ties between Pakistan and Italy in Karachi. Emirates Pakistan and Consulate of Italy Ink Partnership to Enhance Diplomatic Travel and Cultural Exchange Emirates, the world's largest international airline, has signed a Memorandum of Understanding (MOU) with the Consulate of Italy in Karachi to seamlessly facilitate diplomatic travel and promote cultural and business ties between Pakistan and Italy in Karachi. The MOU was signed by Mohammed Alhashmi, Emirates’ Vice President for Pakistan, and Fabrizio Bielli, the Consul of Under the agreement, Emirates will become the preferred airline for official travel by the Italian Consulate. The airline will offer exclusive benefits to diplomatic passengers, including preferential fares, cargo rates, and additional baggage allowances. - Emirates will also explore opportunities to support diplomatic and cultural events organized by the Italian Consulate, as well as promotions for business engagements in Italy related with the Italian Consulate.
- [Skills360 and FUUAST Sign MoU to Empower Students with Industry-Ready Skills](https://businessplus.com.pk/skills360-and-fuuast-sign-mou-to-empower-students-with-industry-ready-skills/) - Skills360 Pakistan, an education & development venture under the umbrella of The Coach360, co-founded by Burhan Mirza has entered into a Memorandum of Understanding (MoU) with the Federal Urdu University of Arts, Science & Technology (FUUAST) to strengthen student access to industry-aligned education. Skills360 and FUUAST Sign MoU to Empower Students with Industry-Ready Skills Skills360 Pakistan, an education & development venture under the umbrella of The Coach360, co-founded by Burhan Mirza has entered into a Memorandum of Understanding (MoU) with the Federal Urdu University of Arts, Science & Technology (FUUAST) to strengthen student access to industry-aligned education. The agreement, signed in the presence of Skills360 Executive Director, Kashif Hussain As part of this initiative, Skills360 will reserve 25 seats across multiple courses exclusively for FUUAST students. - his is part of a broader effort to make industry-relevant education more accessible to university students.
- [Pakistan, ADB eye carbon markets as next frontier for green growth](https://businessplus.com.pk/pakistan-adb-eye-carbon-markets-as-next-frontier-for-green-growth/) - Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Malik, met with a high-level delegation of the Asian Development Bank (ADB) to explore collaborative opportunities in carbon markets and forge the path for a new climate strategy grounded in economic and environmental synergy. Pakistan, ADB eye carbon markets as next frontier for green growth Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Malik, met with a high-level delegation of the Asian Development Bank (ADB) to explore collaborative opportunities in carbon markets and forge the path for a new climate strategy grounded in economic and environmental synergy. The meeting marked a significant step forward in aligning Pakistan’s national Both sides agreed to formulate a comprehensive, mutually aligned climate change strategy, with a specific focus on carbon credit mobilization, climate innovation, and outcomes-based project implementation. - The two sides also discussed how Pakistan can strategically link Sustainable Development Goals (SDGs) to its carbon finance agenda, thereby transforming climate action into a source of economic strength and international credibility.
- [Bilal for establishing first strategic Bitcoin reserve](https://businessplus.com.pk/bilal-for-establishing-first-strategic-bitcoin-reserve/) - Minister for Crypto and Blockchain, Bilal Bin Saqib, has announced the establishment of the country’s first Strategic Bitcoin Reserve, marking a significant step toward positioning the nation as a global hub for digital innovation. Bilal for establishing first strategic Bitcoin reserve Minister for Crypto and Blockchain, Bilal Bin Saqib, has announced the establishment of the country’s first Strategic Bitcoin Reserve, marking a significant step toward positioning the nation as a global hub for digital innovation. At Bitcoin Vegas 2025, Bilal emphasized that Pakistan was breaking free from the constraints of its past and emerging as a Bilal also announced the establishment of a national Bitcoin wallet, holding digital assets already in state custody, not for sale or speculation, but as a sovereign reserve signaling long-term belief in decentralized finance. - He further said that the government has allocated 2,000 megawatts of surplus electricity in Phase 1 for Bitcoin mining and AI data centers, opening doors to sovereign miners, tech firms and clean energy partners around the world.
- [SECP Concludes Day 2 of Mutual Fund Focus Group 2025 with Actionable Insights](https://businessplus.com.pk/secp-concludes-day-2-of-mutual-fund-focus-group-2025-with-actionable-insights/) - The second and final day of the Securities and Exchange Commission of Pakistan’s (SECP) 2025 Mutual Fund Focus Group Session, themed “Mutual Funds as Catalysts for Financial Inclusion and Economic Growth,” concluded on May 27 in Karachi. Building on the momentum of the first day’s discussions, the session engaged a new set of industry participants. SECP Concludes Day 2 of Mutual Fund Focus Group 2025 with Actionable Insights The second and final day of the Securities and Exchange Commission of Pakistan’s (SECP) 2025 Mutual Fund Focus Group Session, themed “Mutual Funds as Catalysts for Financial Inclusion and Economic Growth,” concluded on May 27 in Karachi. Building on the momentum of the first day’s discussions, the session engaged a new set of industry participants. Structured into eight thematic sessions over two days, the focus group provided a platform for candid dialogue on regulatory challenges, innovation priorities, digital transformation, governance practices, and investor inclusion.
- [OGRA rolls out E-licensing system to facilitate oil & gas industry](https://businessplus.com.pk/ogra-rolls-out-e-licensing-system-to-facilitate-oil-gas-industry/) - The Oil and Gas Regulatory Authority (OGRA) has launched a new e-licensing system aimed at modernizing and streamlining the licensing process for Pakistan’s oil and gas industry. OGRA rolls out E-licensing system to facilitate oil & gas industry The initiative is designed to simplify and accelerate the process of obtaining or renewing licenses, offering enhanced transparency and efficiency for businesses operating in the midstream and downstream energy markets. The Oil and Gas Regulatory Authority (OGRA) has launched a new e-licensing system aimed at modernizing and streamlining the licensing process for Pakistan’s oil and This digital initiative marks a significant move towards improved regulatory efficiency and digital transformation in the energy sector. - The initiative is designed to simplify and accelerate the process of obtaining or renewing licenses, offering enhanced transparency and efficiency for businesses operating in the midstream and downstream energy markets.
- [SECP Addresses Concerns Over Fraudulent Online Trading in Latest Clarification](https://businessplus.com.pk/secp-addresses-concerns-over-fraudulent-online-trading-in-latest-clarification/) - The SECP vide an earlier press release had informed the general public about certain illegal and fraudulent online trading/investment platforms that are misusing names of reputable companies, licensed entities, and qualified professionals, including BMA Capital Management Limited. SECP Addresses Concerns Over Fraudulent Online Trading in Latest Clarification The SECP vide an earlier press release had informed the general public about certain illegal and fraudulent online trading/investment platforms that are misusing names of reputable companies, licensed entities, and qualifiedprofessionals, including BMA Capital Management Limited. It is hereby clarified that BMA Capital Management Limited is a securities broker duly licensed and regulated by SECP It is hereby clarified that BMA Capital Management Limited is a securities broker duly licensed and regulated by SECP and has no connection whatsoever with the fraudulent platforms i.e “BMA Capital No.108” and “BMAC Global Pro.” - BMA Capital Management Limited has also published a public alert on its official website to warn against the misuse ofits name.
- [ADB breaks new ground with surging private sector operations](https://businessplus.com.pk/adb-breaks-new-ground-with-surging-private-sector-operations/) - The Asian Development Bank (ADB) committed a record 58 private sector transactions in 2024—up 45% from the previous year, with $2.6 billion of financing, according to its 2024 Private Sector Operations Report on Development Effectiveness. ADB breaks new ground with surging private sector operations ADB’s active portfolio of private sector projects has delivered benefits to 44.3 million micro, small, and medium-sized enterprises—42.3 million owned or led by women—and about 8.7 million farmers. The Asian Development Bank (ADB) committed a record 58 private sector transactions in 2024—up 45% from the previous year, with $2.6 billion of financing, according to its The total volume of commitments, including programs, projects, and co-financing reached an unprecedented $8 billion. - Long-term co-financing with private partners reached $3.6 billion in 2024—$3.4 billion from project co-financing, $0.2 billion from long-term co-financing from the Microfinance Program, and $7.4 million from ADB Ventures.
- [SECP Wraps Up Day 1 of Mutual Fund Focus Group 2025 with Expert Insights on Innovation & Reforms](https://businessplus.com.pk/secp-wraps-up-day-1-of-mutual-fund-focus-group-2025-with-expert-insights-on-innovation-reforms/) - The Securities and Exchange Commission of Pakistan (SECP) successfully wrapped up the first day of its Mutual Fund Focus Group Sessions 2025 today at a local hotel in Karachi. The closed-door session brought together a diverse range of stakeholders from across Pakistan’s capital markets for in-depth discussions on critical issues shaping the mutual fund industry. SECP Wraps Up Day 1 of Mutual Fund Focus Group 2025 with Expert Insights on Innovation & Reforms The Securities and Exchange Commission of Pakistan (SECP) successfully wrapped up the first day of its Mutual Fund Focus Group Sessions 2025 today at a local hotel in Karachi. The closed-door session brought together a diverse range of stakeholders from across Pakistan’s capital markets for in-depth discussions on critical issues shaping the mutual fund industry. The sessions featured robust discussions on emerging global trends, including the rise of ESG focused, thematic, and infrastructure-linked funds, as well as the expanding market for Shariah-compliant investment products. - The second day of the Mutual Fund Focus Group Sessions 2025 is scheduled for May 27, with further discussions on the same thematic areas involving a fresh group of experts and market participants.
- [Babar Masih Triumphs Over Pankaj in Asia-Oceania Q Event Showdown](https://businessplus.com.pk/babar-masih-triumphs-over-pankaj-in-asia-oceania-q-event-showdown/) - Pakistan’s Babar Masih is through to the final round of Asia-Oceania Q School event two in Bangkok following a 4-1 victory over Pankaj Advani. Babar Masih Triumphs Over Pankaj in Asia-Oceania Q Event Showdown Pakistan’s Babar Masih is through to the final round of Asia-Oceania Q School event two in Bangkok following a 4-1 victory over Pankaj Advani. According to information, Masih had already knocked out the likes of Tian Pengfei and Peng Yisong and his 4-1 defeat of Advani, highlighted by a break of 74 in the fourth According to information, Masih had already knocked out the likes of Tian Pengfei and Peng Yisong and his 4-1 defeat of Advani, highlighted by a break of 74 in the fourth frame, leaves the 38-year-old one more win away from a place on the World Snooker Tour. - Babar’s stunning performance further solidifies Pakistan’s growing presence in international snooker and enhances its reputation as a powerhouse in cue sports.
- [BYD ‘Seals’ Victory with HBL PSL X’s Player of the Tournament](https://businessplus.com.pk/byd-seals-victory-with-hbl-psl-xs-player-of-the-tournament/) - BYD Pakistan | Mega Motor Company (BYD|MMC), marked the successful culmination of its partnership with HBL PSL X at the grand closing ceremony, held at Lahore’s iconic Gaddafi Stadium, awarding its all-electric BYD Seal, from its premium Sedan range, to Hassan Nawaz of the Quetta Gladiators, the player of the tournament. BYD ‘Seals’ Victory with HBL PSL X’s Player of the Tournament Hassan Nawaz Drives Home in BYD Seal after delivering a stellar performance this season BYD Pakistan | Mega Motor Company (BYD|MMC), marked the successful culmination of its partnership with HBL PSL X at the grand closing ceremony, held at Lahore’s iconic Gaddafi Stadium, awarding its all-electric BYD Seal, from its premium Sedan range, to Hassan BYD also awarded a cheque of PKR 3.5 million to the Fielder of the Tournament, Abdul Samad of Peshawar Zalmi for his impressive performance on the field. - BYD Pakistan’s leadership attended the closing ceremony and Danish Khaliq, Vice President Sales & Strategy, personally presented the BYD Seal to Hassan Nawaz – a defining moment reflecting the brand’s commitment to excellence, innovation and celebration of talent.
- [PTCL Group Partners with Mercantile for iPhone 16 Rollout in Pakistan](https://businessplus.com.pk/ptcl-group-partners-with-mercantile-for-iphone-16-rollout-in-pakistan/) - PTCL Group (Pakistan Telecommunication Company Limited & Ufone 4G), Pakistan’s leading telecom and ICT services provider, has partnered with Mercantile, Apple’s official distributor in Pakistan, to introduce exclusive iPhone 16 offerings that feature extended warranty, instant insurance, and tailored telecom benefits. PTCL Group Partners with Mercantile for iPhone 16 Rollout in Pakistan PTCL Group (Pakistan Telecommunication Company Limited & Ufone 4G), Pakistan’s leading telecom and ICT services provider, has partnered with Mercantile, Apple’s official distributor in Pakistan, to introduce exclusive iPhone 16 offerings that feature extended warranty, instant insurance, and tailored telecom benefits. Mercantile is proud to bring authentic, PTA-approved Apple products to Pakistan, backed by a Through our collaboration with PTCL Group, we're also offering added peace of mind with accidental coverage and theft insurance of up to Rs.400,000. We're delighted to partner with PTCL Group to make Apple products more accessible for their customers. - The offer includes dedicated bundles for PTCL and Ufone 4G users. Ufone 4G customers will get a free eSIM with 200 GB of data, 1,000 off-net, and 10,000 on-net minutes per month for six months, translating into savings of PKR 2,000 monthly.
- [Book Your Preferred Ufone 4G Number – Delivered to Your Doorstep Free of Charge](https://businessplus.com.pk/book-your-preferred-ufone-4g-number-delivered-to-your-doorstep-free-of-charge/) - Ufone now makes it easier than ever to secure your preferred 4G number with unmatched convenience and value. Whether you're looking for a unique Golden or Platinum number, you can now book your SIM online and have it delivered directly to your doorstep. Book Your Preferred Ufone 4G Number – Delivered to Your Doorstep Free of Charge Ufone now makes it easier than ever to secure your preferred 4G number with unmatched convenience and value. Whether you're looking for a unique Golden or Platinum number, you can now book your SIM online and have it delivered directly to your doorstep. How to Book Your Number Simply Book your desired number through either Whether you're looking for a unique Golden or Platinum number, you can now book your SIM online and have it delivered directly to your doorstep. - Book your Ufone 4G number today and enjoy the seamless convenience of digital booking, exclusive rewards, and premium service — all from the comfort of your home.
- [ADB Backs Pakistan with $500M for Disaster Risk Reduction](https://businessplus.com.pk/adb-backs-pakistan-with-500m-for-disaster-risk-reduction/) - The federal government and the Asian Development Bank (ADB) have agreed to strengthen collaboration on climate resilience and environmental sustainability during a high-level talks in Islamabad. ADB Backs Pakistan with $500M for Disaster Risk Reduction The federal government and the Asian Development Bank (ADB) have agreed to strengthen collaboration on climate resilience and environmental sustainability during a high-level talks in Islamabad. Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Malik, and ADB Director General Bruno Carrasco led discussions on a comprehensive strategy to address Pakistan’s pressing climate challenges. Carbon credit markets also featured prominently in discussions, with both parties agreeing to explore mechanisms for monetizing emissions reductions and improving environmental performance. - Technical teams from both sides will now work on finalizing the partnership framework, with further engagements expected in the coming months.
- [National Grid Company and LUMS Energy Institute and Host National Consultative Workshop on Power Sector Indigenization Road Map](https://businessplus.com.pk/national-grid-company-and-lums-energy-institute-and-host-national-consultative-workshop-on-power-sector-indigenization-road-map/) - The National Grid Company of Pakistan (NGC), formerly NTDC in collaboration with the LUMS Energy Institute, successfully convened the National Consultative Workshop on the Power Sector Indigenization Roadmap at LUMS. National Grid Company and LUMS Energy Institute and Host National Consultative Workshop on Power Sector Indigenization Road Map The National Grid Company of Pakistan (NGC), formerly NTDC in collaboration with the LUMS Energy Institute, successfully convened the National Consultative Workshop on the Power Sector Indigenization Roadmap at LUMS. The high-profile event brought together senior leadership from the power sector, manufacturing industry, regulatory bodies, policymakers and academia to chart a cohesive national strategy for A key milestone of the workshop was the launch of Pakistan’s first Power Equipment Manufacturing Dashboard, developed by the LUMS Energy Institute with input from power sector stakeholders. - This real-time digital tool will monitor localization progress, assess vendor capacity, and identify strategic investment opportunities under the Power Sector Indigenization Plan (PSIP).
- [Jubilee Life Insurance's Syed Rizwan Aziez present the Safe Hands of the Match Award to Bhanuka Rajapaksa](https://businessplus.com.pk/jubilee-life-insurances-syed-rizwan-aziez-present-the-safe-hands-of-the-match-award-to-bhanuka-rajapaksa/) - Syed Rizwan Aziez, Head of Bancassurance, Jubilee Life Insurance presenting the Safe Hands of the Match Award to Bhanuka Rajapaksa after the Eliminator 1 match between Karachi Kings and Lahore Qalanders. Jubilee Life Insurance's Syed Rizwan Aziez present the Safe Hands of the Match Award to Bhanuka Rajapaksa Syed Rizwan Aziez, Head of Bancassurance, Jubilee Life Insurance presenting the Safe Hands of the Match Award to Bhanuka Rajapaksa after the Eliminator 1 match between Karachi Kings and Lahore Qalanders. Samsung to Establish Pakistan as Regional Mobile Manufacturing and Refurbishment Hub Pakistan Railways Upgrades Major Stations to Enhance Passenger Facilities One in Three Plug-in Syed Rizwan Aziez, Head of Bancassurance, Jubilee Life Insurance presenting the Safe Hands of the Match Award to Bhanuka Rajapaksa after the Eliminator 1 match between Karachi Kings and Lahore Qalanders.
- [Jubilee Life Insurance's Faizul Hasan present safe hands of the match to Finn Allen](https://businessplus.com.pk/jubilee-life-insurances-faizul-hasan-present-safe-hands-of-the-match-to-finn-allen/) - Faizul Hasan, Head of Corporate Sales, Jubilee Life Insurance, presenting the Safe Hands of the Match Award to Finn Allen of Quetta Gladiators, following their qualifier match against Islamabad United. Jubilee Life Insurance's Faizul Hasan present safe hands of the match to Finn Allen Faizul Hasan, Head of Corporate Sales, Jubilee Life Insurance, presenting the Safe Hands of the Match Award to Finn Allen of Quetta Gladiators, following their qualifier match against Islamabad United. Samsung to Establish Pakistan as Regional Mobile Manufacturing and Refurbishment Hub Pakistan Railways Upgrades Major Stations to Enhance Passenger Facilities One in Three Plug-in Hybrid Faizul Hasan, Head of Corporate Sales, Jubilee Life Insurance, presenting the Safe Hands of the Match Award to Finn Allen of Quetta Gladiators, following their qualifier match against Islamabad United.
- [State Bank Announces Public Holiday on May 28 for Youm-e-Takbeer](https://businessplus.com.pk/state-bank-announces-public-holiday-on-may-28-for-youm-e-takbeer/) - The State Bank of Pakistan will remain closed on May 28, 2025 (Wednesday) being public holiday on the occasion of "Youm-e-Takbeer", as declared by the Government of Pakistan. State Bank declares public holiday on 28 May on the occasion of Youm-e-Takbeer The State Bank of Pakistan will remain closed on May 28, 2025 (Wednesday) being public holiday on the occasion of "Youm-e-Takbeer", as declared by the Government of Pakistan. Samsung to Establish Pakistan as Regional Mobile Manufacturing and Refurbishment Hub Pakistan Railways Upgrades Major Stations to Enhance Passenger Facilities One in Three Plug-in Hybrid Cars Sold The State Bank of Pakistan will remain closed on May 28, 2025 (Wednesday) being public holiday on the occasion of "Youm-e-Takbeer", as declared by the Government of Pakistan.
- [Rs.44B penalty on sugar mills: CAT remands case to CCP for rehearing](https://businessplus.com.pk/rs-44b-penalty-on-sugar-mills-cat-remands-case-to-ccp-for-rehearing/) - The Tribunal directed that the matter be reheard by either the Chairperson or any other member of the Commission who was not a signatory to either of the earlier conflicting opinions, and that a final decision be issued preferably within 90 days. Rs.44B penalty on sugar mills: CAT remands case to CCP for rehearing The Competition Appellate Tribunal (CAT), while deciding the appeals filed by the Pakistan Sugar Mills Association (PSMA) and its member mills, has remanded the case to the Competition Commission of Pakistan’s (CCP) for a fresh hearing. The Tribunal directed that the matter be reheard by either the Chairperson or any other member of the Commission The Tribunal directed that the matter be reheard by either the Chairperson or any other member of the Commission who was not a signatory to either of the earlier conflicting opinions, and that a final decision be issued preferably within 90 days. - After the fresh hearing, the decision of the Chairperson or the assigned member will settle the matter and determine the violations of competition law by PSMA and its member sugar mills.
- [Pakistan’s Business Outlook Improves—OICCI Reports 16-Point Surge](https://businessplus.com.pk/pakistans-business-outlook-improves-oicci-reports-16-point-surge/) - The Overseas Investors Chamber of Commerce and Industry (OICCI) unveiled the findings of its Business Confidence Index (BCI) Survey – Wave 27, reflecting a significant improvement in business sentiment across Pakistan. Pakistan’s Business Outlook Improves—OICCI Reports 16-Point Surge The Overseas Investors Chamber of Commerce and Industry (OICCI) unveiled the findings of its Business Confidence Index (BCI) Survey – Wave 27, reflecting a significant improvement in business sentiment across Pakistan. The survey, conducted in March-April 2025, shows an increase in overall confidence from -5% to +11%, marking a 16-percentage point surge compared to the The upward shift in business sentiment has been attributed to improving macroeconomic indicators, falling inflation, and optimistic projections for the next six months. - This sharp recovery in the Business Confidence in the latest Wave 27 reflects the resilience of Pakistan’s business sector and its readiness to seize emerging growth opportunities.
- [Pakistan's foreign reserves surge to $16.65 Billion](https://businessplus.com.pk/pakistans-foreign-reserves-surge-to-16-65-billion/) - The total liquid foreign reserves of Pakistan surged to US$ 16,648.5 million as of May 16 while the reserves held by the State Bank of Pakistan increased to $ 11,446.5 million. Pakistan’s Forex Reserves Surge to $16.65 Billion The total liquid foreign reserves of Pakistan surged to US$ 16,648.5 million as of May 16 while the reserves held by the State Bank of Pakistan increased to $ 11,446.5 million. “SBP reserves increased by US$ 1,043 million to US$ 11,446.5 million as SBP received 2nd tranche of SDR 760 million (US$ 1,023 million) from Total liquid foreign reserves held by the country, in the previous week ended on May 09, 2025, were $ 15,613.8 million. - The net foreign reserves held by commercial banks recorded as $ 5,202 million.
- [JS Investments & Gohar Developers Unveil Pakistan’s First Shariah-Compliant Hotel REIT](https://businessplus.com.pk/js-investments-gohar-developers-unveil-pakistans-first-shariah-compliant-hotel-reit/) - JS Investments Limited (JSIL), Pakistan’s oldest private sector Asset Management and REIT Management Company licensed by the Securities and Exchange Commission of Pakistan (SECP), has partnered with Gohar Group of Companies, a leading real estate group, to officially launch JS Hotel REIT (JSHR), Pakistan’s first Shariah-compliant hybrid hotel REIT featuring a multinational, globally renowned hotel brand in Hyderabad, Sindh. JS Investments & Gohar Developers Introduce Hybrid Hotel REIT in Hyderabad JS Investments Limited (JSIL), Pakistan’s oldest private sector Asset Management and REIT Management Company licensed by the Securities and Exchange Commission of Pakistan (SECP), has partnered with Gohar Group of Companies, a leading real estate group, to officially launch JS Hotel REIT (JSHR), Pakistan’s first Shariah-compliant hybrid hotel REIT featuring a multinational, globally renowned hotel The fund is now open for investments from both local and international accredited investors. Interested individuals and institutions can reach out to JS Investments to explore participation. - Anchored by a 139-key premium hotel operated under a franchise model with a global hospitality brand, JS Hotel REIT brings institutional-grade real estate investment to Pakistan’s emerging hospitality sector.
- [SECP Cracks Down on Unlicensed Online Trading & Investment Frauds](https://businessplus.com.pk/secp-cracks-down-on-unlicensed-online-trading-investment-frauds/) - The Securities and Exchange Commission of Pakistan (SECP) cautions the general public against investing through unlicensed online trading platforms, websites, and mobile applications offering unrealistic returns on investment in stocks or other financial products traded in local or international securities markets. SECP Cracks Down on Unlicensed Online Trading & Investment Frauds Such fraudulent platforms are being promoted via social media enticing the public with deceptive claims of high returns and minimal risk. The Securities and Exchange Commission of Pakistan (SECP) cautions the general public against investing through unlicensed online trading platforms, websites, and mobile applications offering unrealistic returns on investment in stocks or other financial products Such fraudulent platforms are being promoted via social media enticing the public with deceptive claims of high returns and minimal risk. - These platforms display fake dashboards showing false account balances and profit figures, while in reality no actual trading or investment is taking place.
- [Haroon Pushes for Competitive Tariff Reforms in Auto Parts Sector](https://businessplus.com.pk/haroon-pushes-for-competitive-tariff-reforms-in-auto-parts-sector/) - Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan chaired a meeting to discuss tariff issues related to the auto parts industry. Haroon Pushes for Competitive Tariff Reforms in Auto Parts Sector Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan chaired a meeting to discuss tariff issues related to the auto parts industry. Haroon underscored the government’s commitment to addressing the industry’s concerns, stating that grievances of the auto parts industry would be formally presented before the Tariff Policy Board. He Auto parts manufacturers expressed concerns that the proposed 15% customs duty could have a negative impact on the industry’s development and overall competitiveness. - Haroon underscored the government’s commitment to addressing the industry’s concerns, stating that grievances of the auto parts industry would be formally presented before the Tariff Policy Board.
- [SECP Shuts Down United Insurance’s Guarantee Business Over Rs2.2B Non-Encashment](https://businessplus.com.pk/secp-shuts-down-united-insurances-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. SECP Shuts Down United Insurance’s Guarantee Business Over Rs2.2B Non-Encashment United Insurance also made materially false statement to SECP, during the proceedings, regarding settlement of one of the guarantees, amounting to approx. Rs.1 billion. Despite provision of various hearing opportunities, United Insurance failed to demonstrate the requisite compliance with regulatory requirements to carry on guarantees business. The Securities and Exchange Commission of Pakistan has ceased United Insurance also made materially false statement to SECP, during the proceedings, regarding settlement of one of the guarantees, amounting to approx. Rs.1 billion. - United Insurance deliberately refused to encash called guarantees, on different pretexts, over a period of time, resulting in accumulation of guarantees amounting to Rs.2.2 billion by December 2023.
- [Arshad Nadeem Gears Up for a New Chapter with PTCL Group](https://businessplus.com.pk/arshad-nadeem-gears-up-for-a-new-chapter-with-ptcl-group/) - PTCL Group, Pakistan’s leading telecommunications and ICT services provider, has once again stepped forward to support national javelin icon and Olympian Arshad Nadeem not just as a partner, but as a steadfast believer in his purpose and potential. A signing ceremony, held in Lahore, marks a renewed commitment to stand by Arshad through every stage Arshad Nadeem Gears Up for a New Chapter with PTCL Group PTCL Group, Pakistan’s leading telecommunications and ICT services provider, has once again stepped forward to support national javelin icon and Olympian Arshad Nadeem not just as a partner, but as a steadfast believer in his purpose and potential. A signing ceremony, held in Lahore, marks a renewed commitment to stand by Arshad through every stage This year, Arshad will represent Pakistan in three major global events. - This year, Arshad will represent Pakistan in three major global events.
- [CCP Slaps British Lyceum with Rs.5 Million Fine Over False Claims](https://businessplus.com.pk/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. 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. The ad falsely claimed that teachers could earn up to Rs.250,000 per month, and stated a project valuation of Rs.3.7 billion. It also falsely claimed affiliation with Cambridge Global UK, which is The ad falsely claimed that teachers could earn up to Rs.250,000 per month, and stated a project valuation of Rs.3.7 billion. - The investigation found the claims to be false, unverified, and deceptive.
- [PDAA to be established regulate, accelerate virtual asset economy](https://businessplus.com.pk/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. 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. The aim is to ensure FATF-compliant innovation, economic inclusion and responsible adoption of digital assets The PDAA will serve as a specialized regulatory 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. - The PDAA will serve as a specialized regulatory body with a clear mandate to oversee licensing, compliance and innovation within the digital asset ecosystem. Besides, it will regulate exchanges, custodians, wallets, tokenized platforms, stable coins and DeFi applications — all under a single, agile framework.
- [SBP issues the Guidelines for the Regulatory Sandbox](https://businessplus.com.pk/sbp-issues-the-guidelines-for-the-regulatory-sandbox/) - The Regulatory Sandbox will enable the participants to test their products and the associated operational models around innovative ideas and technologies. The Sandbox will also help SBP in refining and upgrading the regulatory environment in line with the evolving innovative technologies. SBP issues the Guidelines for the Regulatory Sandbox As part of its Vision 2028, the State Bank of Pakistan (SBP) has introduced the Guidelines for the Regulatory Sandbox (RSB) under Section 3 of the Payment Systems and Electronic Fund Transfers (PS&EFT) Act, 2007. These guidelines aim to support both new and existing entities, including startups, by providing a controlled regulatory environment where they These guidelines aim to support both new and existing entities, including startups, by providing a controlled regulatory environment where they can test and refine their financial solutions. - The theme(s) of the first cohort will be announced by end June after completing the market engagement, which is already underway.
- [LUMS Energy Institute and NGC to Host National Consultative Workshop on Power Sector Indigenization](https://businessplus.com.pk/lums-energy-institute-and-ngc-to-host-national-consultative-workshop-on-power-sector-indigenization/) - The LUMS Energy Institute, in collaboration with the National Grid Company (NGC), formerly NTDC, will host the National Consultative Workshop on the Power Sector Indigenization Road Map on Saturday, May 24, 2025, at LUMS, Lahore. LUMS Energy Institute and NGC to Host National Consultative Workshop on Power Sector Indigenization The LUMS Energy Institute, in collaboration with the National Grid Company (NGC), formerly NTDC, will host the National Consultative Workshop on the Power Sector Indigenization Road Map on Saturday, May 24, 2025, at LUMS, Lahore. Federal Minister for Energy (Power Division), Sardar Awais Ahmad Khan Leghari, will grace the occasion as Chief Guest, while Chairman Prof. Dr. Fiaz Ahmad Chaudhry, Chairman of the Board of Directors at NGC and Senior Advisor at the LUMS Energy Institute, stated, “This workshop aims to bring together leaders from the power sector, local manufacturers, regulatory authorities, and academia to chart a unified and actionable roadmap to strengthen Pakistan’s electrical equipment manufacturing ecosystem.” - The forum will host expert-led discussions on the challenges and potential of localizing key electrical equipment across the generation, transmission, and distribution segments. Special sessions will evaluate the capability of local manufacturers to meet national demand, with stakeholder recommendations to be presented directly to decision-makers for actionable outcomes.
- [How Pakistani Consumers Are Embracing Smarter Online Shopping](https://businessplus.com.pk/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. How Pakistani Consumers Are Embracing Smarter Online Shopping Driven by platforms like Temu, Pakistan's e-commerce boom is shaping a new generation of savvy digital shoppers Pakistan’s online shopping market surged to $7.7 billion in 2024 and is on track to grow at a compound annual growth rate (CAGR) of 17% through 2027, according to Payment and Commerce Market Intelligence (PCMI). But behind these 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](https://businessplus.com.pk/mobilink-bank-earns-prestigious-title-pakistans-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. Mobilink Bank becomes the first in the banking industry to bag Top Employer in Pakistan for 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. Mobilink Bank is Pakistan's first and only bank to receive this prestigious certification, affirming its standing as one of the country's most inclusive Mobilink Bank is Pakistan's first and only bank to receive this prestigious certification, affirming its standing as one of the country's most inclusive and diverse institutions. - The certification places Mobilink Bank among the most enterprising organizations that provide a thriving work culture and prioritize employee well-being and professional growth.
- [PUBG MOBILE’S Version 3.8 Update welcomes attack on titan for an epic Showdown](https://businessplus.com.pk/pubg-mobiles-version-3-8-update-welcomes-attack-on-titan-for-an-epic-showdown/) - PUBG MOBILE, one of the world’s most popular mobile games, is excited to reveal a plethora of new additions in its Version 3.8 Update. Available from today until July 6th, players can dive into the Steampunk Frontier themed mode, hop on board Giant Steam Trains, battle formidable Titans in the Attack on Titan collaboration, and experience a host of thrilling gameplay updates and enhancements. PUBG MOBILE’S Version 3.8 Update welcomes attack on titan for an epic Showdown PUBG MOBILE brings a range of fresh features in its Version 3.8 Update: Experience Attack on Titan action with Titan transformations, Colossal Titan events, and exclusive themed rewards Explore the new Steampunk Frontier, featuring giant steam trains, the grand Aetherholm train station, cargo hubs, and majestic hot air balloons Discover the latest classic mode updates, Available from today until July 6th, players can dive into the Steampunk Frontier themed mode, hop on board Giant Steam Trains, battle formidable Titans in the Attack on Titan collaboration, and experience a host of thrilling gameplay updates and enhancements. - Exciting new additions to World of Wonder are introduced in the Version 3.8 Update, including train carriages and tracks, new weapons including the Welding Gun and M3E1-A Missile Launcher, and the Velociraptor enemy.
- [LuLu Financial Holdings Partners with ABHI to Advance Financial Inclusion and Cross-Border Remittance Solutions](https://businessplus.com.pk/lulu-financial-holdings-partners-with-abhi-to-advance-financial-inclusion-and-cross-border-remittance-solutions/) - LuLu Financial Holdings, a leading global financial services conglomerate, has partnered with Abhi Middle East Limited to enhance financial inclusion and improve access to timely remittance solutions. LuLu Financial Holdings Partners with ABHI to Advance Financial Inclusion and Cross-Border Remittance Solutions LuLu Financial Holdings, a leading global financial services conglomerate, has partnered with Abhi Middle East Limited to enhance financial inclusion and improve access to timely remittance solutions. As part of the partnership, workers in the UAE will be able to access their earned wages instantly and remit funds to their families back home through LuLu Through this initiative, workers in the UAE will benefit from Earned Wage Access (EWA) and Send Now, Pay Later (SNPL) services, giving them greater financial flexibility and control over their income.
- [State Bank Drives Digital Payments for Eid-ul-Azha](https://businessplus.com.pk/state-bank-drives-digital-payments-for-eid-ul-azha/) - The State Bank of Pakistan (SBP) has initiated a nationwide "Go Cashless" campaign to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eid-ul-Azha. State Bank Drives Digital Payments for Eid-ul-Azha The State Bank of Pakistan (SBP) has initiated a nationwide "Go Cashless" campaign to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eid-ul-Azha. This strategic initiative, in line with SBP's goal of fostering digital financial inclusion throughout Pakistan, was officially launched today, May 20, 2025, and will run This strategic initiative, in line with SBP's goal of fostering digital financial inclusion throughout Pakistan, was officially launched today, May 20, 2025, and will run until June 6, 2025, or Eid night. - The public is strongly encouraged to take advantage of these convenient and secure digital financial services during the Eid-ul-Azha period.
- [Pakistan’s Mobile Phone Imports Fall 14.21% to $1.254 Billion](https://businessplus.com.pk/pakistans-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). Pakistan’s Mobile Phone Imports Fall 14.21% to $1.254 Billion The import of mobile phones into the country has witnessed a decrease of 14.21 percent during the first ten months of the current fiscal year (2024-25) as compared to the corresponding months of last year. Pakistan imported mobile phones worth US $ 1.254 billion during July-April (2024-25) as compared to the imports of US $ The import of mobiles into the country during April 2025 was recorded at $ 125.119 million against the exports of $1161.384 million in April 2024. - Meanwhile, on a year-to-year basis, the import of mobile phones also dipped by 22.47 percent during the month of April 2025 when compared to the same month of last year.
- [KCCI Calls for PM’s Urgent Action as Transporters’ Strike Disrupts National Trade](https://businessplus.com.pk/kcci-calls-for-pms-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. KCCI Calls for PM’s Urgent Action as Transporters’ Strike Disrupts National Trade - Bilwani also highlighted the burden of rising demurrage and detention charges being imposed by port authorities and foreign shipping lines. 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 “These unjust charges, being calculated in U.S. dollars, are compounding the financial distress of businesses,” he noted. “The remittance of these payments abroad is further depleting our already limited foreign exchange reserves, worsening our balance of payments crisis.”
- [Al-Ghazi Tractors Limited supports the Punjab Government’s Wheat Growers Scheme](https://businessplus.com.pk/al-ghazi-tractors-limited-supports-the-punjab-governments-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. 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. The scheme, which aims to uplift wheat growers, provides 1,000 free tractors and cash grants During the event, Chief Minister Punjab Maryam Nawaz handed over a miniature NH-480 model and keys of the allocated tractor to farmers as part of the Wheat Growers Incentive Program. - The scheme, which aims to uplift wheat growers, provides 1,000 free tractors and cash grants worth Rs.5,000 per acre, and was inaugurated during a ceremony held at the Rice Institute Kala Shah Kaku.
- [Govt encouraging local industrialist to invest in EV: Haroon](https://businessplus.com.pk/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. 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. He was chairing a high-Level meeting to discuss EV technology and He highlighted that this initiative aims to strengthen domestic manufacturing capabilities while simultaneously reducing dependency on imports. - Transitioning to electric mobility will not only reduce fuel expenses but also align with the Prime Minister’s Vision for a Green Pakistan, which prioritizes eco-friendly technology.
- [Pakistan’s Current Account Surplus Hits $1.9 Billion in 10 Months of FY25](https://businessplus.com.pk/pakistans-current-account-surplus-hits-1-9-billion-in-10-months-of-fy25/) - The Current Account for the month of April 2025 recorded a surplus of $ 12 million in comparison to a surplus of $ 1.20 billion in March 2025 and a surplus of $ 315 million in April 2024, the State Bank of Pakistan (SBP) reported on Friday. Pakistan’s Current Account Surplus Hits $1.9 Billion in 10 Months of FY25 Pakistan’s External Current Account Balance recorded a surplus of US$ 1.88 billion during July to April 2024-25 as compared to a deficit of $ 1.34 billion during the first 10 months of previous fiscal year. The Current Account for the month of April 2025 recorded a surplus of $ 12 million in comparison to a The Current Account for the month of April 2025 recorded a surplus of $ 12 million in comparison to a surplus of $ 1.20 billion in March 2025 and a surplus of $ 315 million in April 2024, the State Bank of Pakistan (SBP) reported on Friday. - The overall trade deficit in both goods and services was recorded as $ 23.84 billion during the first 10 months of the current fiscal year in comparison to the deficit of $ 20.377 billion in the corresponding period of the previous fiscal year.
- [Pakistan Crypto Council CEO meets US envoy to advance youth collaboration on Blockchain, AI](https://businessplus.com.pk/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. 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. The meeting centered around empowering Pakistan’s vast and talented youth with skills in emerging The council emphasized Pakistan’s commitment to becoming a globally competitive innovation hub, with blockchain and AI at the core of its future economy. - The meeting centered around empowering Pakistan’s vast and talented youth with skills in emerging technologies, and creating bridges between US institutions and Pakistan’s entrepreneurial ecosystem.
- [EO Partners with NIC Karachi for Empowering Startup Founders](https://businessplus.com.pk/eo-partners-with-nic-karachi-for-empowering-startup-founders/) - Entrepreneurs’ Organization has signed a partnership with the National Incubation Center- Karachi aimed at empowering its founders under its accelerator program, which has been designed specifically for founders and business owners who are generating between USD $250,000 and $1 million in annual revenue and are eager to grow further. EO Partners with NIC Karachi for Empowering Startup Founders Entrepreneurs’ Organization has signed a partnership with the National Incubation Center- Karachi aimed at empowering its founders under its accelerator program, which has been designed specifically for founders and business owners who are generating between USD $250,000 and $1 million in annual revenue and are eager to grow further. This powerful initiative is now available This powerful initiative is now available to early-stage entrepreneurs in the country, offering a structured pathway for business owners striving to scale their ventures beyond the $1 million revenue mark. - The program fills a crucial gap in Pakistan’s entrepreneurial ecosystem by providing these growth-minded individuals with a global curriculum, strategic mentorship, and unparalleled networking opportunities.
- [Mobilink Bank and Fatima Fertilizer partner to provide access to finance to empower the agri-community](https://businessplus.com.pk/mobilink-bank-and-fatima-fertilizer-partner-to-provide-access-to-finance-to-empower-the-agri-community/) - Pakistan’s largest digital microfinance institution, Mobilink Bank and Fatima Fertilizer, a leading player in Pakistan’s agricultural sector, have entered into a strategic partnership to digitally empower Pakistan’s underserved farming communities through enhanced access to finance and financial technology. The collaboration aims to uplift the country’s agri-community by digitizing the agricultural supply chain and providing targeted financial solutions through the integration of Mobilink Bank’s ‘Dost App’ and Fatima Fertilizer’s ‘Sarsabz Pakistan’ platform. Mobilink Bank and Fatima Fertilizer partner to provide access to finance to empower the agri-community Pakistan’s largest digital microfinance institution, Mobilink Bank and Fatima Fertilizer, a leading player in Pakistan’s agricultural sector, have entered into a strategic partnership to digitally empower Pakistan’s underserved farming communities through enhanced access to finance and financial technology. The collaboration aims to uplift the country’s agri-community by digitizing the agricultural supply chain and providing targeted This partnership brings together two leaders in their respective sectors, with a shared commitment to transforming rural livelihoods. The alliance will unlock new opportunities for the farming community, and agri-based small and medium enterprises (SMEs) by combining Mobilink Bank’s inclusive financial products with Fatima Fertilizer’s strong grassroots presence in order to drive social mobility. - As part of this collaboration, farmers will be able to access a wide range of Mobilink Bank’s financial products and services, including agri tubewell financing, input lending, passbook financing, as well as digital banking through the seamless integration of the Dost App with the Sarsabz Pakistan platform.
- [RDA inflows rise to $10.180 Billion in April 2025](https://businessplus.com.pk/rda-inflows-rise-to-10-180-billion-in-april-2025/) - The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.180 billion by the end of April 2025 as compared to US $10.003 billion by March (2025) end. RDA inflows rise to $10.180 Billion in April 2025 The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.180 billion by the end of April 2025 as compared to US $10.003 billion by March (2025) end. The data showed that the inflows of remittances during April were recorded at US$ 177 million as compared to US$ 235 million in March The data showed that the inflows of remittances during April were recorded at US$ 177 million as compared to US$ 235 million in March and US$ 204 million in February 2025, according to the latest data released by the State Bank of Pakistan (SBP). - The number of accounts registered under the programme also rose by 8,802 to 814,244 in April 2025 from 805,442 accounts in March 2025.
- [First heatwave of May 2025 expected to hit Pakistan this week](https://businessplus.com.pk/first-heatwave-of-may-2025-expected-to-hit-pakistan-this-week/) - The Pakistan Meteorological Department (PMD) has forecast the first heatwave of May 2025, with extreme weather conditions expected to grip most parts of the country over the next three to four days. First heatwave of May 2025 expected to hit Pakistan this week The Pakistan Meteorological Department (PMD) has forecast the first heatwave of May 2025, with extreme weather conditions expected to grip most parts of the country over the next three to four days. According to the Met Office, a high-pressure system is likely to prevail over the region starting from May 15, leading to a significant According to the Met Office, a high-pressure system is likely to prevail over the region starting from May 15, leading to a significant rise in daytime temperatures across both southern and northern parts of the country. - The PMD has advised the public, especially children, women, and senior citizens, to avoid direct sunlight during the day and stay well-hydrated.
- [Kyrgyzstan Begins Work on Central Asia’s First Waste-to-Energy Plant](https://businessplus.com.pk/kyrgyzstan-begins-work-on-central-asias-first-waste-to-energy-project/) - The construction of a plant for producing electricity from solid household waste or waste-to-energy plant will be completed in December 2025. Kyrgyzstan Begins Work on Central Asia’s First Waste-to-Energy PlantThe plant will process a thousand tons of waste per day, and its capacity will be 30 MW•h of electricity. The construction of a plant for producing electricity from solid household waste or waste-to-energy plant will be completed in December 2025. The head of state was informed that the implementation of this project will solve the The construction of a plant for producing electricity from solid household waste or waste-to-energy plant will be completed in December 2025. #separator_saIt is planned to increase the processed volume to 3 thousand tons per day.
- [Tractors production rises 24,384 units in 10 months](https://businessplus.com.pk/tractors-production-rises-24384-units-in-10-months/) - During the last ten months of the current financial year, tractor production in the country was recorded at 24,832 units, reflecting a decline compared to the 38,699 units produced during the same period last year. Tractors production rises 24,384 units in 10 months During the last ten months of the current financial year, tractor production in the country was recorded at 24,832 units, reflecting a decline compared to the 38,699 units produced during the same period last year. During the period from July-April, 2024-25, sales of tractor were recorded at 25,143 as compared to the sales of 39,838 Meanwhile, the Fiat assembled about 9,428 tractors during first 10 months of current financial year as compared to the output of 13,798 tractors of the same period of the last year, it added. - The output of Massey Farguson stood at 15,725 tractors during 10 months of current financial year as compared to the production of 26,040 tractors of the same period of the last year, it added.
- [State Bank of Pakistan Secures $1.023 Billion from IMF](https://businessplus.com.pk/state-bank-of-pakistan-secures-1-023-billion-from-imf/) - The State Bank of Pakistan received the second tranche of US$ 1.023 billion (SDR 760 million) from International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program. State Bank of Pakistan Secures $1.023 Billion from IMF The State Bank of Pakistan received the second tranche of US$ 1.023 billion (SDR 760 million) from International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program. According to the SBP official X handle, the amount will be reflected in SBP’s foreign exchange reserves for the week ending on May 16, 2025. “SBP has The State Bank of Pakistan received the second tranche of US$ 1.023 billion (SDR 760 million) from International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program. - The amount will be reflected in SBP’s foreign exchange reserves for the week ending on 16th May 2025.
- [Cars sale up 32.24% to 83,269 units during Jul-Apr 2025](https://businessplus.com.pk/cars-sale-up-32-24-to-83269-units-during-jul-apr-2025/) - During the first ten months of the fiscal year 2024-25, car sales in Pakistan saw a significant increase of 32.24 percent compared to the same period last year, according to the Pakistan Automobile Manufacturing Association (PAMA). Cars sale up 32.24% to 83,269 units during Jul-Apr 2025 During the first ten months of the fiscal year 2024-25, car sales in Pakistan saw a significant increase of 32.24 percent compared to the same period last year, according to the Pakistan Automobile Manufacturing Association (PAMA). According to the data, as many as 83,269 cars were sold during the months under review as opposed to Toyota Corolla and Yaris cars sales increased by 48.53 percent as it went up to 18,496 units from 12,452 units. - Suzuki Swift’s sales also rose by 67.65 percent as its sales surged from 3,914 units to 6,562 units this year.
- [UN Aviation Agency declares Russia is responsible of Flight MH17](https://businessplus.com.pk/un-aviation-agency-declares-russia-is-responsible-of-flight-mh17/) - The United Nations aviation agency said that Russia was responsible for the downing of a Malaysia Airlines jetliner over Ukraine in 2014, leading to the deaths of 298 people. UN Aviation Agency declares Russia is responsible of MH17 flight The United Nations aviation agency said that Russia was responsible for the downing of a Malaysia Airlines jetliner over Ukraine in 2014, leading to the deaths of 298 people. The International Civil Aviation Organization (ICAO), based in Montreal, said claims brought by Australia and the Netherlands over the shooting down of Flight MH17 on July “The Russian Federation failed to uphold its obligations under international air law in the 2014 downing of Malaysia Airlines Flight MH17,” the agency said in a statement issued Monday evening. - Pro-Russian rebels in the area claimed the airliner was shot down by a Ukrainian military jet. Russian President Vladimir Putin says Ukraine “bears responsibility.”
- [SECP Sets New Standards: Industry Associations to Lead Self-Regulation](https://businessplus.com.pk/secp-sets-new-standards-industry-associations-to-lead-self-regulation/) - The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper on Standard Principles for Recognition and Conduct of Industry Associations, introducing a strategic framework aimed at strengthening Pakistan’s financial sector through enhanced self-regulation. SECP Sets New Standards: Industry Associations to Lead Self-Regulation The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper on Standard Principles for Recognition and Conduct of Industry Associations, introducing a strategic framework aimed at strengthening Pakistan’s financial sector through enhanced self-regulation. In today’s dynamic regulatory landscape, industry associations are increasingly moving beyond their conventional role as advocacy bodies. Globally, they The proposed framework sets out a clear roadmap for eligible industry associations to transition into Self-Regulatory Organizations (SROs) over the next three years. - These SROs will be vested with the authority to set ethical standards, monitor industry conduct, enforce compliance, and drive sector-specific initiatives, all in alignment with SECP’s overarching regulatory objectives.
- [PSL final play on May 25 at Gaddafi Stadium](https://businessplus.com.pk/psl-final-play-on-may-25-at-gaddafi-stadium/) - The Pakistan Super League (PSL) X will resume on May 17 (Saturday) after a week-long hiatus and culminate with the final on May 25 (Sunday) at the Gaddafi stadium as per the revised schedule announced by the Chairman PCB Mohsin Naqvi in a tweet on social media platform X Tuesday morning. PSL final play on May 25 at Gaddafi Stadium The Pakistan Super League (PSL) X will resume on May 17 (Saturday) after a week-long hiatus and culminate with the final on May 25 (Sunday) at the Gaddafi stadium as per the revised schedule announced by the Chairman PCB Mohsin Naqvi in a tweet on social media platform X Tuesday morning. The rest of eight The rest of eight matches of the tournament are likely to be played at the two venues, Rawalpindi and Lahore. - With the HBL PSL X final to be played on May 25 means the Pakistan and Bangladesh T20I series, which was scheduled to commence on May 25 in Faisalabad.
- [Major B2B Expansion: P@SHA & sAi Venture Capital Secure $100M Investment](https://businessplus.com.pk/major-b2b-expansion-psha-sai-venture-capital-secure-100m-investment/) - Pakistan Software Houses Association (P@SHA) and sAi Venture Capital have signed a strategic partnership targeting $100 million in investment in Business to Business (B2B) technology to power Pakistan’s next wave of technology exports. P@SHA & sAi Venture Capital Sign Landmark $100M Investment Agreement The partnership seeks to mobilize up to $100 million in investment for Pakistan’s IT and IT-enabled Services (ITeS) sector — an industry increasingly viewed as a key pillar of the country’s long-term export strategy. Pakistan Software Houses Association (P@SHA) and sAi Venture Capital have signed a strategic partnership targeting $100 million in investment in Business Under the agreement, sAi will work closely with P@SHA to identify high-potential firms, conduct due diligence, and unlock both domestic and international capital alongside other investors to help scale globally competitive businesses. - Pakistan Software Houses Association (P@SHA), the country’s apex and only authorized IT trade body and sAi Venture Capital, one of Pakistan’s leading investment firms in advanced engineering, have signed a strategic agreement to accelerate Pakistan’s technology exports.
- [US-China Agree to Lower Tariffs in 90-Day Pact](https://businessplus.com.pk/us-china-agree-to-lower-tariffs-in-90-day-pact/) - The US and China will temporarily lower tariffs on each other’s products, according to a joint statement, in a move to cool trade tensions and give the world’s two largest economies three more months to resolve their differences. US-China Agree to Lower Tariffs in 90-Day Pact The US and China will temporarily lower tariffs on each other’s products, according to a joint statement, in a move to cool trade tensions and give the world’s two largest economies three more months to resolve their differences. The combined 145 per cent US levies on most Chinese imports will be reduced to 30 per The combined 145 per cent US levies on most Chinese imports will be reduced to 30 per cent including the rate tied to fentanyl by May 14, while the 125 per cent Chinese duties on US goods will drop to 10 per cent, according to the statement and officials in a briefing on Monday (May 12) in Geneva. - The announcement represents a step towards de-escalating a tariff war that has led to an immediate slump in trade across the Pacific Ocean. The two countries had earlier reported “substantial progress” in their talks, which buoyed markets and helped Chinese stocks recoup their losses since US President Donald Trump’s “Liberation Day” announcement of tariffs on April 2.
- [IMF approved $1 billion for Pakistan under EFF Arrangement](https://businessplus.com.pk/imf-approved-1-billion-for-pakistan-under-eff-arrangement/) - The Executive Board of the International Monetary Fund (IMF) has approved $1billion tranche for Pakistan under Extended Fund Facility (EFF) and approved an arrangement under the Resilience and Sustainability Facility (RSF), with access of about $1.4 billion. IMF approved $1 billion for Pakistan under EFF Arrangement The Executive Board of the International Monetary Fund (IMF) has approved $1billion tranche for Pakistan under Extended Fund Facility (EFF) and approved an arrangement under the Resilience and Sustainability Facility (RSF), with access of about $1.4 billion. According to a press release issued by the fund, the IMF Executive board completed the first review of This decision allows for an immediate disbursement of around $1 billion bringing total disbursements under the arrangement to about $2.1 billion. - The key priorities included entrenching macroeconomic sustainability through consistent implementation of sound macro policies, including rebuilding international reserve buffers and broadening of the tax base, and advancing reforms to strengthen competition and raise productivity and competitiveness.
- [Pakistan to host “Beyond the Plastic Waste” Conference ahead of World Environment Day](https://businessplus.com.pk/pakistan-to-host-beyond-the-plastic-waste-conference-ahead-of-world-environment-day/) - Pakistan will hold a high-level conference, “Beyond the Plastic Waste,” on June 3 to mark World Environment Day, focusing on solutions to the country’s growing plastic pollution crisis. Pakistan to host “Beyond the Plastic Waste” Conference ahead of World Environment Day Pakistan will hold a high-level conference, “Beyond the Plastic Waste,” on June 3 to mark World Environment Day, focusing on solutions to the country’s growing plastic pollution crisis. Organized by the Development Communications Network (Devcom-Pakistan) and partners, the event will feature expert discussions and recognize environmental initiatives through the Pakistan Environmental Awards. The conference will The conference will include panels on “Plastic Waste: From Pollution to Solution “Single-Use Plastics: Sustainable Alternatives,” and “The Waste Business: Recycling and Resource Management.” Awards will honor corporate sustainability efforts, NGO projects, and media contributions to environmental awareness. - The conference aims to inspire actionable solutions ahead of key international negotiations on the UN plastic treaty.
- [Workers' Remittances Surge to $3.2 Billion in April 2025](https://businessplus.com.pk/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). 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 ($302.4 million). Workers’ remittances recorded an inflow of US$ 3.2 billion during April 2025. In terms of growth, remittances increased by 13.1 percent on y/y basis. Cumulatively, with In terms of growth, remittances increased by 13.1 percent on y/y basis. - Cumulatively, with an inflow of US$ 31.2 billion, workers’ remittances increased by 30.9 percent during Jul-Apr FY25 compared to US$ 23.9 billion received during Jul-Apr FY24.
- [PSL 10 Heads to UAE: PCB Announces Venue Change](https://businessplus.com.pk/psl-10-heads-to-uae-pcb-announces-venue-change/) - The Pakistan Cricket Board (PCB) on Friday (May 09) confirmed that the remaining matches of the HBL Pakistan Super League (PSL) Season 10 have been shifted to the United Arab Emirates. PSL 10 Heads to UAE: PCB Announces Venue Change The Pakistan Cricket Board (PCB) on Friday (May 09) confirmed that the remaining matches of the HBL Pakistan Super League (PSL) Season 10 have been shifted to the United Arab Emirates. According to the PCB statement, the fixtures affected by this change include Karachi Kings vs Peshawar Zalmi, Peshawar Zalmi vs Lahore Qalandars, Islamabad United According to the PCB statement, the fixtures affected by this change include Karachi Kings vs Peshawar Zalmi, Peshawar Zalmi vs Lahore Qalandars, Islamabad United vs Karachi Kings, and Multan Sultans vs Quetta Gladiators. Additionally, the playoffs, featuring the Qualifier, Eliminator 1, Eliminator 2, and the Final, will also take place in the UAE. - “The exact schedule of matches, outlining the dates and venues, will be shared in due course,” the board stated.
- [Emirates Group achieves record profit of AED 22.7B (US$ 6.2B) in 2024-25](https://businessplus.com.pk/emirates-group-achieves-record-profit-of-aed-22-7b-us-6-2b-in-2024-25/) - The Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world’s most profitable airline. Emirates Group achieves record profit of AED 22.7B (US$ 6.2B) in 2024-25 Emirates is the world’s most profitable airline, and Emirates Group the world’s most profitable aviation group in the 2024-25 reporting period The Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in The Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. - This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world’s most profitable airline.
- [Pakistan & Standard Chartered Bank: Key Talks on Economic Growth & Investment](https://businessplus.com.pk/pakistan-standard-chartered-bank-key-talks-on-economic-growth-investment/) - Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Group Chief Executive Officer of Standard Chartered Bank Bill Winters, in London. Pakistan & Standard Chartered Bank: Key Talks on Economic Growth & Investment Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Group Chief Executive Officer of Standard Chartered Bank Bill Winters, in London. The meeting underscored the strong and enduring partnership between the government of Pakistan and Standard Chartered Bank in advancing Pakistan’s economic development agenda. The minister expressed his deep appreciation for the The meeting underscored the strong and enduring partnership between the government of Pakistan and Standard Chartered Bank in advancing Pakistan’s economic development agenda. - The minister expressed his deep appreciation for the longstanding and vital support provided by Standard Chartered Bank to Pakistan’s macroeconomic reform efforts.
- [Pakistan Issued Green Sukuk for a Greener Future](https://businessplus.com.pk/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. 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. The other objective of the initiative was to channeling investments into environmentally sustainable projects while fostering economic growth, besides integrating sustainable finance into the core The Green Sukuk marks a pivotal step in aligning the financial markets of the country with global best practices in green financing. The inaugural issuance, ranging between Rs.20 billion and Rs.30 billion, will be conducted through an auction process, with the Pakistan Stock Exchange (PSX) playing a central role in listing and promoting this innovative instrument to investors. - The Green Sukuk Program has been structured with the support of the Joint Financial Advisors: Meezan Bank Limited, Bank Alfalah Limited, Dubai Islamic Bank Pakistan Limited, and Bank Islami Pakistan Limited.
- [Global Airlines Reroute Flights Amid India-Pakistan Conflict](https://businessplus.com.pk/global-airlines-reroute-flights-amid-india-pakistan-conflict/) - These airlines are some of the Asian airlines that said on Wednesday they were re-routing or cancelling flights to and from Europe because of fighting between India and Pakistan. Global Airlines Reroute Flights Amid India-Pakistan Conflict India attacked Pakistan and Pakistani Kashmir, and Pakistan said it had shot down five Indian fighter jets in the worst fighting in more than two decades between the nuclear-armed enemies. Korean Air said it had begun rerouting its Seoul-Dubai flights on Wednesday, opting for a southern route that passes over Myanmar, Bangladesh and India, instead These airlines are some of the Asian airlines that said on Wednesday they were re-routing or cancelling flights to and from Europe because of fighting between India and Pakistan. - Vietnam Airlines said that the tensions between India and Pakistan had affected its flight plans and would provide details regarding re-routing schedules later.
- [PTA Surveys Fixed-Line Broadband Quality in Pakistan](https://businessplus.com.pk/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). 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). According to the PTA , these surveys, carried out during the 3rd and 4th quarters of 2024, aimed to assess the performance of 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). - According to the PTA , these surveys, carried out during the 3rd and 4th quarters of 2024, aimed to assess the performance of Broadband Service Providers (BSPs) and ensure delivery of high-quality internet services to users.
- [EcoStar launches Prince Series ACs featuring genuine T3 technology](https://businessplus.com.pk/ecostar-launches-prince-series-acs-featuring-genuine-t3-technology/) - Many consumers remain unaware of what real T3 air conditioning technology truly means — and how rare it is to find in the market. With the launch of its new Prince Series, EcoStar is setting the record straight by delivering genuine T3 performance backed by core engineering upgrades: a robust T3 compressor, extra-large indoor and outdoor units, and a double-layered condenser. EcoStar launches Prince Series ACs featuring genuine T3 technology Many consumers remain unaware of what real T3 air conditioning technology truly means — and how rare it is to find in the market. With the launch of its new Prince Series, EcoStar is setting the record straight by delivering genuine T3 performance backed by core engineering upgrades: a robust T3 compressor, extra-large indoor and EcoStar is setting the record straight by delivering genuine T3 performance backed by core engineering upgrades: a robust T3 compressor, extra-large indoor and outdoor units, and a double-layered condenser. - The campaign around the Prince Series aims to spotlight its game-changing core — a genuine T3 compressor supported by a larger indoor and outdoor unit design and a double-layered condenser that ensures long-lasting durability and optimum cooling, even in extreme temperatures.
- [SECP Rolls Out Compliance Guidelines to Improve REIT Sector Operations](https://businessplus.com.pk/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. SECP Rolls Out Compliance Guidelines to Improve REIT Sector Operations This initiative is part of SECP’s ongoing efforts to enhance regulatory clarity, promote ease of doing business, and improve the efficiency of regulatory processes. 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. The SECP The SECP has issued checklists for obtaining licenses for Real Estate Investment Trust (REIT) Management Companies and companies licensed under Section 42 of the Companies Act, 2017 (Associations with Charitable and Not-for-Profit Objectives).
- [Roshan Digital Accounts Surge Past 0.8 Million](https://businessplus.com.pk/roshan-digital-accounts-surge-past-0-8-million/) - The total number of Roshan Digital Accounts (RDA) has crossed 0.8 million with the addition of 8092 new accounts in March 2025 while the volume of funds received in RDA so far surpassed the $ 10 billion mark. Roshan Digital Accounts Surge Past 0.8 Million The total number of Roshan Digital Accounts (RDA) has crossed 0.8 million with the addition of 8092 new accounts in March 2025 while the volume of funds received in RDA so far surpassed the $ 10 billion mark. The central bank statistics show that total 805442 RDAs have been opened from its inception in 2020 The RDA accounts attracted funds of $ 235 million during March 2025 and 8092 new accounts were opened during the month that marks two significant achievements both in number of accounts and volume of funds. - The central bank statistics show that total 805442 RDAs have been opened from its inception in 2020 to March 2025 and total funds received in the accounts recorded as $ 10.003 billion.
- [FPCCI Slams SBP’s Minimal Rate Cut, Demands Aggressive Reduction for Economic Growth](https://businessplus.com.pk/fpcci-slams-sbps-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. FPCCI Slams SBP’s Minimal Rate Cut, Demands Aggressive Reduction for Economic Growth Mr. Atif Ikram Sheikh, President FPCCI, has apprised that the business, industry and trade community of Pakistan is disappointed with the monetary policy as it continues to be based on a heavy premium vis-à-vis Consumer Price Index (CPI) and the State Bank of Pakistan (SBP) only reduced the policy rate by a merely 100 basis points (bps) in 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. - 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.
- [SBP cuts interest rate from 100 bps to 11%](https://businessplus.com.pk/sbp-cuts-interest-rate-from-100-bps-to-11/) - During March and April, inflation saw a significant decline, driven primarily by a reduction in administered electricity prices and a continued downtrend in food inflation. Additionally, core inflation eased in April, largely due to a favorable base effect amid moderate demand conditions, as noted by the Monetary Policy Committee. SBP cuts interest rate from 100 bps to 11% During March and April, inflation saw a significant decline, driven primarily by a reduction in administered electricity prices and a continued downtrend in food inflation. Additionally, core inflation eased in April, largely due to a favorable base effect amid moderate demand conditions, as noted by the Monetary Policy Committee. The Committee acknowledged the rising global Continuing its downtrend, inflation fell to 0.3 percent y/y in April, driven primarily by food and energy prices. - The Committee acknowledged the rising global uncertainty stemming from trade tariffs and geopolitical developments, recognizing the potential challenges these factors could impose on the economy.
- [LUMS’ School of Education Showcases Impactful Projects at the Fourth Practicum Conference](https://businessplus.com.pk/lums-school-of-education-showcases-impactful-projects-at-the-fourth-practicum-conference/) - The Syed Ahsan Ali and Syed Maratib Ali School of Education (SOE) at LUMS hosted its fourth annual Practicum Showcase Conference, featuring capstone projects by MPhil Education Leadership and Management students on April 28, 2025. LUMS’ School of Education Showcases Impactful Projects at the Fourth Practicum Conference The Syed Ahsan Ali and Syed Maratib Ali School of Education (SOE) at LUMS hosted its fourth annual Practicum Showcase Conference, featuring capstone projects by MPhil Education Leadership and Management students on April 28, 2025. The showcased work reflected year-long collaborative efforts with partner organizations, addressing real-world challenges in the education sector. The conference brought The one-day conference featured workshops and a gallery of student presentations across diverse fields such as pedagogy, inclusive education, leadership, educational technology, art education, community development, and early childhood education. - The conference brought together over 400 participants, including faculty members, MPhil students, senior LUMS administration, representatives from partner organisations, and education sector experts.
- [BYD|MMC Partners with HUBCO Green to Launch Pakistan’s Largest NEV Charging Network](https://businessplus.com.pk/bydmmc-partners-with-hubco-green-to-launch-pakistans-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). BYD|MMC Partners with HUBCO Green to Launch Pakistan’s Largest NEV Charging Network This strategic collaboration is set to transform Pakistan’s mobility landscape by driving the country towards a cleaner, greener and sustainable future In a pioneering move into making sustainable mobility more accessible, 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 This nation-wide rollout of infrastructure marks one of the most significant developments in the country’s shift towards electric mobility by addressing a critical gap in Pakistan's EV ecosystem, and establishing the most extensive NEV charging network, making clean, reliable, and sustainable transportation a reality for the people of Pakistan. - The move positions BYD Pakistan as one of the first auto manufacturers to invest in infrastructural development at an extensive level, cementing a commitment toward sustainable investment and development of Pakistan.
- [SPOTIFY AND FC BARCELONA TAP TRAVIS SCOTT FOR EL CLÁSICO TAKEOVER](https://businessplus.com.pk/spotify-and-fc-barcelona-tap-travis-scott-for-el-clasico-takeover/) - Spotify and FC Barcelona are back with their sixth jersey takeover, and this one spotlights the world of Travis Scott. For El Clásico on May 11, FC Barcelona players will wear a version of the iconic blaugrana jersey featuring the Cactus Jack logo, a first-of-its-kind moment created in partnership with one of the most influential artists of our generation. SPOTIFY AND FC BARCELONA TAP TRAVIS SCOTT FOR EL CLÁSICO TAKEOVER Spotify and FC Barcelona are back with their sixth jersey takeover, and this one spotlights the world of Travis Scott. For El Clásico on May 11, FC Barcelona players will wear a version of the iconic blaugrana jersey featuring the Cactus Jack logo, a first-of-its-kind moment created in partnership with one of the most influential Travis is the latest artist to be featured on the iconic FC Barcelona jersey with Spotify, following previous shirt takeovers with Coldplay, KAROL G, The Rolling Stones, ROSALÍA, and Drake. - This edition with Travis goes even deeper; a co-created moment that bridges music, fashion and football.
- [Ahsan meets PBC Dubai delegation, shares ‘Uraan Pakistan’ objectives](https://businessplus.com.pk/ahsan-meets-pbc-dubai-delegation-shares-uraan-pakistan-objectives/) - Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal met with a delegation of the Pakistan Business Council (PBC) Dubai, urging them to play their due role in making Pakistan a $1 trillion economy by 2025 under the ‘Uraan Pakistan’ initiative with increased exports and foreign investment. Chairman of PBC Dubai Shabbir Merchant Ahsan meets PBC Dubai delegation, shares ‘Uraan Pakistan’ objectives Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal met with a delegation of the Pakistan Business Council (PBC) Dubai, urging them to play their due role in making Pakistan a $1 trillion economy by 2025 under the ‘Uraan Pakistan’ initiative with increased exports and foreign investment. Chairman of PBC Dubai Shabbir Merchant Chairman of PBC Dubai Shabbir Merchant expressed his deep appreciation for the opportunity to engage directly with the government. - The meeting concluded with an open and interactive dialogue, during which Ahsan Iqbal invited suggestions from the business community to incorporate in future policies and strengthen Pakistan-UAE economic ties.
- [Mobilink Bank and Daraz Pakistan partner to empower MSMEs through access to finance and digital enablement](https://businessplus.com.pk/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. 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. The collaboration advances the two institutions’ joint vision for economic growth at the grassroots level for Through this alliance, Daraz will offer a digital marketplace for MSMEs by allowing them to showcase and sell their products online. - Mobilink Bank will also expand its green financing initiatives to all Daraz employees and suppliers, offering home solar and e-bike financing along with free banking services to drive sustainability and financial inclusion across the value chain.
- [InfraZamin Pakistan and SECP Stress Need for Advancing Green Financing through Capital Markets](https://businessplus.com.pk/infrazamin-pakistan-and-secp-stress-need-for-advancing-green-financing-through-capital-markets/) - nfraZamin Pakistan in collaboration with the Securities and Exchange Commission of Pakistan (SECP), British High Commission Islamabad, and the Private Infrastructure Development Group (PIDG) hosted a seminar titled “Green Financing via Debt Capital Markets” in Islamabad. InfraZamin Pakistan and SECP Stress Need for Advancing Green Financing through Capital Markets InfraZamin Pakistan in collaboration with the Securities and Exchange Commission of Pakistan (SECP), British High Commission Islamabad, and the Private Infrastructure Development Group (PIDG) hosted a seminar titled “Green Financing via Debt Capital Markets” in Islamabad. The event brought together senior professionals and international experts from the regulatory, financial, and development sectors to discuss the The event brought together senior professionals and international experts from the regulatory, financial, and development sectors to discuss the pivotal role of credit enhancement in mobilizing debt capital markets for sustainable development in Pakistan. - One of the central sessions featured an engaging conversation between Boo Hock KHOO, moderated by Maheen Rahman.
- [EOBI announces 15% increase in pension, effect from Jan 2025](https://businessplus.com.pk/eobi-announces-15-increase-in-pension-effect-from-jan-2025/) - The Employees Old Age Benefits Institution (EOBI) has unveiled a significant increase in the minimum pension, bringing much-needed financial relief to pensioners nationwide. This decision reflects the organization’s commitment to enhancing the welfare of retired workers, ensuring they receive better support in the face of rising living costs. EOBI announces 15% increase in pension, effect from Jan 2025 The Employees Old Age Benefits Institution (EOBI) has unveiled a significant increase in the minimum pension, bringing much-needed financial relief to pensioners nationwide. This decision reflects the organization’s commitment to enhancing the welfare of retired workers, ensuring they receive better support in the face of rising living costs. The increase, effective from January 1, 2025, The increase, effective from January 1, 2025, will see the minimum pension rise from Rs.10,000 to Rs.11,500. Pensions above Rs.10,000 will also see an increment of 15%. - The formal announcement of the pension increase is expected to coincide with Labor Day on May 1, 2025.
- [State Bank of Pakistan Expected to Lower Rates in Upcoming Decision](https://businessplus.com.pk/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%. 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%. This decision comes as inflationary pressures continue to ease, allowing the central bank to shift its focus toward supporting economic growth. The anticipated rate reduction is likely to have a 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%. - Analysts suggest that this move reflects SBP’s strategy to balance inflation control with the need for economic stability, as lower interest rates could encourage investment and consumer spending.
- [Jazz Brings the Iconic Nothing Smartphones to Pakistan for the First Time](https://businessplus.com.pk/jazz-brings-the-iconic-nothing-smartphones-to-pakistan-for-the-first-time/) - ROX, Pakistan’s leading youth lifestyle brand from Jazz, has partnered with Nothing, the London-based tech company known for its iconic transparent design and cutting-edge performance, and Yello stone Technologies, a leading distribution company in Pakistan, to officially launch Nothing’s iconic devices in the country for the first time. Jazz Brings the Iconic Nothing Smartphones to Pakistan for the First Time ROX, Pakistan’s leading youth lifestyle brand from Jazz, has partnered with Nothing, the London-based tech company known for its iconic transparent design and cutting-edge performance, and Yellostone Technologies, a leading distribution company in Pakistan, to officially launch Nothing’s iconic devices in the country for the first time. Through this partnership, Pakistani consumers can now experience Through this partnership, Pakistani consumers can now experience Nothing’s latest products, including the acclaimed Phone (2), Phone (2a), and CMF Phone 1. - The Nothing product range is now available in-store at 10 Jazz Experience Centers across major cities of Pakistan and will soon be available for online purchase via the ROX App.
- [Spotify Reports Q1 2025 Earnings](https://businessplus.com.pk/spotify-reports-q1-2025-earnings/) - Spotify released its Q1 2025 Earnings today, kicking off the year with strong momentum by outperforming across key metrics, including the highest Q1 Subscriber net adds since 2020 and a record high Operating Income. Spotify Reports Q1 2025 Earnings Spotify Reports Strong Q1 2025 Results, Subscriber growth was a real standout Spotify released its Q1 2025 Earnings today, kicking off the year with strong momentum by outperforming across key metrics, including the highest Q1 Subscriber net adds since 2020 and a record high Operating Income. Subscribers increased 12% Y/Y to 268 million with highest Spotify released its Q1 2025 Earnings today, kicking off the year with strong momentum by outperforming across key metrics, including the highest Q1 Subscriber net adds since 2020 and a record high Operating Income. - Daniel Ek, Spotify’s Founder and CEO, said: “The underlying data at the moment is very healthy: engagement remains high, retention is strong, and thanks to our freemium model, people have the flexibility to stay with us even when things feel more uncertain. So yes, the short term may bring some noise, but we remain confident in the long-term story, and the direction we’re heading in feels clearer than ever.”
- [World Bank Funds $108M for Tourism and Rural Infrastructure](https://businessplus.com.pk/world-bank-funds-108m-for-tourism-and-rural-infrastructure/) - The international lender okayed $78 million in additional financing to Khyber Pakhtunkhwa Rural Accessibility Project (KPRAP); and $30 million to Khyber Pakhtunkhwa Integrated Tourism Development Project (KITE), enabling both projects to achieve their objectives in improving access to health and education services, markets and jobs, in a way that strengthens resilience to natural disasters in the province. World Bank Funds $108M for Tourism and Rural Infrastructure The World Bank (WB) has recently approved additional financing for Pakistan, amounting to $108 million to execute two projects supporting access to social services, tourism, markets and jobs in Khyber Pakhtunkhwa (KP). The international lender okayed $78 million in additional financing to Khyber Pakhtunkhwa Rural Accessibility Project (KPRAP); and $30 million to Khyber Pakhtunkhwa Integrated These initiatives are not only improving access to essential services such as health and education but are also fostering climate and economic resilience. - The project is also supporting safe and affordable transport to school for girls. Overall, around 1.76 million people are expected to benefit from the project.
- [Pakistan-Kazakhstan Business Forum Drives Growth in Trade and Investment Opportunities](https://businessplus.com.pk/pakistan-kazakhstan-business-forum-drives-growth-in-trade-and-investment-opportunities/) - The Pakistan-Kazakhstan Business Forum recently convened, marking a significant step toward strengthening bilateral cooperation between the two nations. During the forum, there was a renewed commitment to expanding collaboration across various sectors, highlighting shared ambitions for economic growth and mutual prosperity. Pakistan-Kazakhstan Business Forum Drives Growth in Trade and Investment Opportunities Extensive B2B engagements were seen and visiting delegates discussed opportunities of cooperation in various sectors. Two MoUs were signed in the dairy and glass sectors between Friesland Campina Engro Pakistan Limited and Optima Kazakhstan, and Ghani Global and Euro Glass companies, in presence of dignitaries. The Pakistan-Kazakhstan Business Forum recently convened, marking a significant step Two MoUs were signed in the dairy and glass sectors between Friesland Campina Engro Pakistan Limited and Optima Kazakhstan, and Ghani Global and Euro Glass companies, in presence of dignitaries. - Extensive B2B engagements were seen and visiting delegates discussed opportunities of cooperation in various sectors.
- [ABHI, Matco Foods to empower employees with instant salary access](https://businessplus.com.pk/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. ABHI, Matco Foods to empower employees with instant salary access ABHI, an embedded finance platform revolutionizing access to financial wellness, has partnered with Matco Foods Limited, South Asia’s leading food processing and export company. 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. Through ABHI’s Earned Wage 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. - By integrating ABHI’s Earned Wage Access solution, Matco Foods is not only promoting employee well-being but also setting a benchmark for how leading enterprises can integrate financial wellness into their core values.
- [Pakistan’s Financial Success—Current Account Surplus & Deficit at Lowest Since FY05](https://businessplus.com.pk/pakistans-financial-success-current-account-surplus-deficit-at-lowest-since-fy05/) - According to the State of Pakistan’s Economy, Half Year Report FY25, released today by the State Bank of Pakistan (SBP). The report noted that headline inflation fell sharply, the current account balance turned into a surplus, and the fiscal deficit was contained to the lowest level since FY05. Pakistan's Deficit Shrinks to Lowest Since FY05, Current Account Positive According to the State of Pakistan’s Economy, Half Year Report FY25, released today by the State Bank of Pakistan (SBP). The report noted that headline inflation fell sharply, the current account balance turned into a surplus, and the fiscal deficit was contained to the lowest level since FY05. The calibrated monetary policy stance, fiscal consolidation, The report noted that headline inflation fell sharply, the current account balance turned into a surplus, and the fiscal deficit was contained to the lowest level since FY05. - The calibrated monetary policy stance, fiscal consolidation, benign global commodity prices together with approval of IMF’s Extended Fund Facility (EFF) program mainly underpinned these favorable outcomes, the report said.
- [Overseas Pakistanis Can Now Register Mobile Devices for 120 Days—Here's How!](https://businessplus.com.pk/overseas-pakistanis-can-now-register-mobile-devices-for-120-days-heres-how/) - The Pakistan Telecommunication Authority (PTA) has the Temporary Mobile Registration System to facilitate overseas Pakistanis and foreign nationals visiting the country. Under this initiative, temporary visitors can register their personal mobile devices for a period of up to 120 days, and this facility can be availed during each visit to Pakistan. Overseas Pakistanis Can Now Register Mobile Devices for 120 Days—Here's How! The Pakistan Telecommunication Authority (PTA) has the Temporary Mobile Registration System to facilitate overseas Pakistanis and foreign nationals visiting the country. Under this initiative, temporary visitors can register their personal mobile devices for a period of up to 120 days, and this facility can be availed during each visit to Pakistan. This user-centric system is This free of cost registration process is fully digitized and can be completed through the official Device Registration System portal at: https://dirbs.pta.gov.pk/drs. - Under this initiative, temporary visitors can register their personal mobile devices for a period of up to 120 days, and this facility can be availed during each visit to Pakistan.
- [Pakistan’s Exports Under Threat as U.S. Imposes 29% Tariff](https://businessplus.com.pk/pakistans-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. 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 The President of FPCCI said the industrial sector requires further promotion, with a focus on textiles, agriculture, and information technology. - The President of FPCCI urged the U.S. government to reconsider the 29% tariff decision, emphasizing that such a move could disrupt trade relations between the two nations.
- [Trump-Backed World Liberty Financial partners with Pakistan Crypto Council](https://businessplus.com.pk/trump-backed-world-liberty-financial-partners-with-pakistan-crypto-council/) - World Liberty Financial (WLF) — the decentralized finance (DeFi) platform backed by the U.S. President Donald Trump — has signed a landmark Letter of Intent (LOI) with the Pakistan Crypto Council (PCC) to accelerate blockchain innovation, stablecoin adoption, and decentralized finance (DeFi) integration across Pakistan. Trump-Backed World Liberty Financial partners with Pakistan Crypto Council World Liberty Financial (WLF) — the decentralized finance (DeFi) platform backed by the U.S. President Donald Trump — has signed a landmark Letter of Intent (LOI) with the Pakistan Crypto Council (PCC) to accelerate blockchain innovation, stable coin adoption, and decentralized finance (DeFi) integration across Pakistan. According to press release issued by finance ministry, the World Liberty Financial (WLF) — the decentralized finance (DeFi) platform backed by the U.S. President Donald Trump — has signed a landmark Letter of Intent (LOI) with the Pakistan Crypto Council (PCC) to accelerate blockchain innovation, stable coin adoption, and decentralized finance (DeFi) integration across Pakistan. - President Trump has personally endorsed WLF through his statements on social media, platform, Twitter (X), the statement added.
- [LUMS Law Clinic Launched: Bridging Legal Education with Public Service](https://businessplus.com.pk/lums-law-clinic-launched-bridging-legal-education-with-public-service/) - The LUMS Law Clinic is designed to equip students with real-world legal experience while promoting access to justice and legal literacy. It supports a range of pro bono services—including legal representation in family and bail matters, and the provision of legal literacy sessions in prisons—delivered in partnership with the Punjab Prisons Department and Women Crisis Center, Lahore. LUMS Law Clinic Launched: Bridging Legal Education with Public Service In a significant step towards advancing clinical legal education and student-led public service initiatives in Pakistan, the Shaikh Ahmad Hassan School of Law (SAHSOL) at LUMS officially inaugurated the LUMS Law Clinic. The ceremony brought together legal educators, public sector representatives, faculty, students, and members of the wider legal community. The LUMS Law Clinic is The LUMS Law Clinic is designed to equip students with real-world legal experience while promoting access to justice and legal literacy. -
- [60th Presidential Cycling Tour of Türkiye Showcases Scenic Routes on Global Stage](https://businessplus.com.pk/60th-presidential-cycling-tour-of-turkiye-showcases-scenic-routes-on-global-stage/) - Türkiye is set to host the 60th edition of its prestigious Presidential Cycling Tour, running from April 27 to May 4, 2025. The eight-stage race will span the country's most picturesque routes, from Antalya to İzmir, blending elite sportsmanship with an unforgettable cultural journey. 60th Presidential Cycling Tour of Türkiye Showcases Scenic Routes on Global Stage Türkiye is set to host the 60th edition of its prestigious Presidential Cycling Tour, running from April 27 to May 4, 2025. The eight-stage race will span the country's most picturesque routes, from Antalya to İzmir, blending elite sportsmanship with an unforgettable cultural journey. Held under the patronage of the Presidency of the Republic of The eight-stage race will span the country's most picturesque routes, from Antalya to İzmir, blending elite sportsmanship with an unforgettable cultural journey. - Cyclists will pass through iconic locations such as Patara Beach, Butterfly Valley, Ephesus, and Çeşme, while sampling regional delights like simit, Turkish tea, and more.
- [CCP Partners with Digital Platforms to Combat Anti-Competitive Practices](https://businessplus.com.pk/ccp-partners-with-digital-platforms-to-combat-anti-competitive-practices/) - The Competition Commission of Pakistan (CCP) has engaged with leading digital platforms—Pak Wheels and OLX Pakistan—to address emerging risks of anti-competitive practices and deceptive marketing in online marketplaces. CCP Partners with Digital Platforms to Combat Anti-Competitive Practices The Competition Commission of Pakistan (CCP) has engaged with leading digital platforms—PakWheels and OLX Pakistan—to address emerging risks of anti-competitive practices and deceptive marketing in online marketplaces. The meetings were led by Mr. Salman Amin, Member Office of Fair Trade (OFT), with the management of PakWheels and SMC Private Limited (OLX Pakistan). The discussions emphasized The CCP raised concerns regarding deceptive claims in promotional campaigns, especially related to third-party products such as financing, auto parts, oils, and insurance. - The engagement with OLX focused on misleading advertisements, fake job postings, fraudulent schemes, and multi-level marketing scams.
- [Dubai Hosts 2025’s Most Thrilling Esports and Gaming Festival](https://businessplus.com.pk/dubai-hosts-2025s-most-thrilling-esports-and-gaming-festival/) - The wait is over! The highly anticipated Dubai Esports and Games Festival (DEF) 2025 is powering up the city with its biggest, boldest, and most epic fourth edition this year, bringing 17 packed days of non-stop action starting this week from 25 April to 11 May. Dubai Hosts 2025’s Most Thrilling Esports and Gaming Festival 17 action-packed days promise something for all ages, abilities, and interests - from esports tournaments, interactive gaming zones, and cosplay competitions at the flagship Game Expo event to the citywide DEF Educational Engagement Programme exclusively for students and educators and even high-profile industry discussions at Game Expo Summit Over AED 500,000 in massive prizes up The highly anticipated Dubai Esports and Games Festival (DEF) 2025 is powering up the city with its biggest, boldest, and most epic fourth edition this year, bringing 17 packed days of non-stop action starting this week from 25 April to 11 May. - Over AED 500,000 in massive prizes up for grabs throughout DEF 2025, promising electric energy, fierce competition, and an unforgettable atmosphere for anyone and everyone
- [Riphah International University Honored with Dual Accolades at 15th Brand of the Year Awards](https://businessplus.com.pk/riphah-international-university-honored-with-dual-accolades-at-15th-brand-of-the-year-awards/) - Riphah International University has once again cemented its status as a national leader in higher education by receiving two prestigious titles—"Iconic Brand in Pakistan" and "Leading Brand in Pakistan"—at the 15th Brand of the Year Awards 2024, organized by the renowned Brands Foundation. Riphah International University Honored with Dual Accolades at 15th Brand of the Year Awards Riphah International University has once again cemented its status as a national leader in higher education by receiving two prestigious titles—"Iconic Brand in Pakistan" and "Leading Brand in Pakistan"—at the 15th Brand of the Year Awards 2024, organized by the renowned Brands Foundation. The award ceremony was held in Karachi, bringing together Pakistan’s most celebrated Riphah International University has once again cemented its status as a national leader in higher education by receiving two prestigious titles—"Iconic Brand in Pakistan" and "Leading Brand in Pakistan"—at the 15th Brand of the Year Awards 2024, organized by the renowned Brands Foundation. - Riphah International University was recognized for its outstanding achievements in the category of Higher Education Institution with Islamic Values and Diverse Academic Programs, reflecting its continued commitment to academic excellence and value-based education.
- [PRGMEA Urges Action on EFS Reforms, Tax Policy Reversal, and U.S. Tariff Impact](https://businessplus.com.pk/prgmea-urges-action-on-efs-reforms-tax-policy-reversal-and-u-s-tariff-impact/) - Federal Minister for Planning, Development and Special Initiatives, Prof. Ahsan Iqbal, and Federal Minister for Defence, Khawaja Muhammad Asif, have pledged to raise the critical concerns of exporters at the highest levels of government. Speaking at a high-level Exporters’ Convention hosted by the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) in Sialkot, both ministers assured the industry of their unwavering support. PRGMEA Urges Action on EFS Reforms, Tax Policy Reversal, and U.S. Tariff Impact Federal Minister for Planning, Development and Special Initiatives, Prof. Ahsan Iqbal, and Federal Minister for Defence, Khawaja Muhammad Asif, have pledged to raise the critical concerns of exporters at the highest levels of government. Speaking at a high-level Exporters’ Convention hosted by the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) in Sialkot, both ministers Ijaz A. Khokhar, former Central Chairman of PRGMEA, voiced serious concern over the recent amendments to the Export Facilitation Scheme (EFS), especially regarding temporary imports for re-export. He warned that reduced utilization periods and new bank guarantee requirements will disproportionately affect SMEs, which already operate on tight margins.
- [Center for Digital Asset Research (CeDAR) launched at LUMS](https://businessplus.com.pk/center-for-digital-asset-research-cedar-launched-at-lums/) - The Center for Digital Assets Research (CeDAR) at LUMS was officially launched on April 24, marking a transformative step for Pakistan’s blockchain and digital assets ecosystem. Center for Digital Asset Research (CeDAR) launched at LUMS The Center for Digital Assets Research (CeDAR) at LUMS was officially launched on April 24, marking a transformative step for Pakistan’s blockchain and digital assets ecosystem. The Center aims to be a hub of excellence in research, training, development and innovation in the areas of decentralized internet, Web 3.0, and digital asset technologies. It is The Center aims to be a hub of excellence in research, training, development and innovation in the areas of decentralized internet, Web 3.0, and digital asset technologies. It is supported by a generous grant from the Stacks Foundation, the main product of which is a Web 3.0 platform that enables smart contracts on Bitcoin, the largest digital asset globally. - To mark its official launch, CeDAR hosted an international conference at LUMS to enable connection, knowledge transfer, and collaboration between global experts in the Web 3.0 ecosystem and the regulatory and governmental organizations in Pakistan.
- [SBP Report Highlights Financial System's Resilience and Steady Performance](https://businessplus.com.pk/sbp-report-highlights-financial-systems-resilience-and-steady-performance/) - The Review highlights that macroeconomic conditions improved considerably during CY24, as reflected by receding inflationary pressures and consequent significant monetary easing, fiscal consolidation, stable rupee-dollar parity, pick-up in economic activity, and improved external account balance. In this backdrop, financial sector—growing by a decent pace of 17.8 percent—maintained its operational and financial resilience during CY24. SBP Report Highlights Financial System's Resilience and Steady Performance The Review highlights that macroeconomic conditions improved considerably during CY24, as reflected by receding inflationary pressures and consequent significant monetary easing, fiscal consolidation, stable rupee-dollar parity, pick-up in economic activity, and improved external account balance. In this backdrop, financial sector—growing by a decent pace of 17.8 percent—maintained its operational and financial resilience during CY24. Amid The Review further highlights that non-bank financial sector presented a mixed performance. The balance sheet of DFIs contracted while that of NBFIs manifested a remarkable expansion. Moreover, insurance sector continued to perform steadily. - The Review highlights that the FMIs continued to support financial system stability through operational resilience. The digital transactions continued to drive the momentum of the retail transactions.
- [Chinese Delegation Signs 37 Deals at HEMS 2025 in Lahore](https://businessplus.com.pk/chinese-delegation-signs-37-deals-at-hems-2025-in-lahore/) - Key agreements included a $60 million quartz stone export deal (with a $10 million investment component), a $50 million interest by Chinese company to invest in developing mineral resources, a $45 million joint venture in medical device manufacturing, and an $80 million technology transfer contract in electric vehicles. Chinese interest also expanded into salt, copper, fluorite, gemstones, IT, real estate, and branding of Pakistani products. Chinese Delegation Signs 37 Deals at HEMS 2025 in Lahore Chinese interest also expanded into salt, copper, fluorite, gemstones, IT, real estate, and branding of Pakistani products. The Chinese companies signed 37 deals worth $435 million during the 4th Health, Engineering, and Minerals Show (HEMS) held in Lahore from April 17 to 19, reflecting the growing economic ties between China and Pakistan. Key agreements included Key agreements included a $60 million quartz stone export deal (with a $10 million investment component), a $50 million interest by Chinese company to invest in developing mineral resources, a $45 million joint venture in medical device manufacturing, and an $80 million technology transfer contract in electric vehicles.
- [Boeing Confirms Aircraft Shipments to China Halted Due to Tariffs](https://businessplus.com.pk/boeing-confirms-aircraft-shipments-to-china-halted-due-to-tariffs/) - Boeing’s CEO confirmed on Wednesday (April 23) that China has halted acceptance of new aircraft due to ongoing tensions in the US-China trade war. The announcement comes as Boeing’s shares surged, buoyed by investor optimism after the company reported a smaller-than-expected quarterly loss, signaling resilience amid geopolitical and supply chain challenges. Boeing Confirms Aircraft Shipments to China Halted Due to Tariffs #post_contentBoeing chief executive Kelly Ortberg said Chinese customers had “stopped taking delivery of aircraft due to the tariff environment”, adding that if the halt continued, the aviation giant would soon market the jets to other carriers. - Boeing had planned to deliver around 50 aircraft to China in 2025, said Ortberg, adding that the company would not “wait too long” to send the jets to other customers.
- [Pakistan Economy on Path to Stability, 2.7% Growth Expected This Fiscal Year, Says WB](https://businessplus.com.pk/pakistan-economy-on-path-to-stability-2-7-growth-expected-this-fiscal-year-says-wb/) - The World Bank (WB) on Wednesday said Pakistan’s economy continued to stabilize and was expected to grow by 2.7 percent in the current fiscal year ending June 2025, up from 2.5 percent in the previous year. According to World Bank’s latest report “Pakistan Development Update: Reimagining a Digital Pakistan,” the real GDP growth would be Pakistan Economy on Path to Stability, 2.7% Growth Expected This Fiscal Year, Says WB The World Bank (WB) on Wednesday said Pakistan’s economy continued to stabilize and was expected to grow by 2.7 percent in the current fiscal year ending June 2025, up from 2.5 percent in the previous year. According to World Bank’s latest report “Pakistan Development Update: Reimagining a Digital Pakistan,” the real GDP growth would be According to World Bank’s latest report “Pakistan Development Update: Reimagining a Digital Pakistan,” the real GDP growth would be supported by recovering private consumption and investment driven by subdued inflation, lower interest rates and recovering business confidence. - Predicated on continued macroeconomic stabilization and key economic reforms, real GDP growth was projected to strengthen to 3.1 percent in FY26 and 3.4 percent in FY27 but would likely remain constrained amid tight monetary and fiscal policies aimed at rebuilding buffers and containing risks of imbalances.
- [ADB Announces $40B Investment in Asia-Pacific Development for 2024](https://businessplus.com.pk/adb-announces-40b-investment-in-asia-pacific-development-for-2024/) - The Asian Development Bank (ADB) committed $24.3 billion from its own resources in 2024, coupled with $14.9 billion in co-financing in collaboration with its partners, to help Asia and the Pacific solve a range of complex development challenges. ADB deploys almost $40 billion for development across Asia- Pacific in 2024 The Asian Development Bank (ADB) committed $24.3 billion from its own resources in 2024, coupled with $14.9 billion in co-financing in collaboration with its partners, to help Asia and the Pacific solve a range of complex development challenges. ADB’s financial and operational results were published on Thursday in its Annual Report 2024. The report summarizes To build on the 1 million direct jobs it generated in 2024, ADB committed $4.8 billion through its private sector projects and programs—up 28.5% from 2023. Collaborations with governments, financial institutions, and investors supported enabling business environments, deepened capital markets, and increased trade. - ADB also deployed a range of financial and knowledge support during the year to create more productive and resilient food production systems, reduce the damaging impacts of extreme weather events, and to reverse environmental degradation and biodiversity loss.
- [EU Hits Apple with €500M Fine and Meta with €200M Over Legal Violations](https://businessplus.com.pk/eu-hits-apple-with-e500m-fine-and-meta-with-e200m-over-legal-violations/) - On Wednesday, April 23, the European Union antitrust regulators issued their first sanctions under groundbreaking legislation designed to rein in the influence of Big Tech. Apple was fined a significant 500 million euros (S$747.6 million), while Meta faced a penalty of 200 million euros. EU Hits Apple with €500M Fine and Meta with €200M Over Legal Violations The hefty fines imposed by the EU on Apple and Meta could potentially escalate tensions with former President Trump, who has previously threatened to impose tariffs on nations that penalize American companies. On Wednesday, April 23, the European Union antitrust regulators issued their first sanctions under groundbreaking legislation designed to rein in the influence of The EU fines could stoke tensions with US President Donald Trump who has threatened to levy tariffs against countries that penalise US companies. -
- [DWP Technologies wins “Rising Star in FSI” award at Huawei Global Financial Eco Week 2025](https://businessplus.com.pk/dwp-technologies-wins-rising-star-in-fsi-award-at-huawei-global-financial-eco-week-2025/) - DWP Technologies has been honored with the prestigious “Rising Star in Financial Services Industry (FSI)” award during Huawei’s Partner Award Night — a flagship recognition ceremony held as part of the Huawei Global Financial Eco Week 2025 in Shenzhen, China. DWP Technologies wins “Rising Star in FSI” award at Huawei Global Financial Eco Week 2025 DWP Technologies has been honored with the prestigious “Rising Star in Financial Services Industry (FSI)” award during Huawei’s Partner Award Night — a flagship recognition ceremony held as part of the Huawei Global Financial Eco Week 2025 in Shenzhen, China. This global accolade underscores DWP Technologies’ accelerating growth and impact within the financial services sector, This global accolade underscores DWP Technologies’ accelerating growth and impact within the financial services sector, marking a key milestone in the company’s journey toward becoming a trusted global technology partner for financial institutions. - DWP Technologies continues to strengthen its strategic alliances and invest in cutting-edge technologies to support its clients across the globe. With this recognition, the company is more determined than ever to lead innovation in the financial services industry, inspired by the trust of partners like Huawei.
- [RDA inflows rise to $10.003 Billion in March 2025](https://businessplus.com.pk/rda-inflows-rise-to-10-003-billion-in-march-2025/) - The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.003 billion by the end of March 2025 as compared to US $9.768 billion by February (2025) end. RDA inflows rise to $10.003 Billion in March 2025 The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.003 billion by the end of March 2025 as compared to US $9.768 billion by February (2025) end. The data showed that the inflows of remittances during March were recorded at US$ 235 million as compared to US$ 204 million in February By the end of March, overseas Pakistanis have invested US $460 million in Naya Pakistan Certificates, US $883 in Naya Pakistan Islamic Certificates, and US $62 million in Roshan Equity Investment. - The number of accounts registered under the programme also rose by 53,092 to 805,442 in March 2025 from 797,350 accounts in February 2025.
- [PTCL Group continues to report double digit revenue growth in Q1 2025](https://businessplus.com.pk/ptcl-group-continues-to-report-double-digit-revenue-growth-in-q1-2025/) - Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in the country, has announced its financial results for Q1, 2025, ending March 31, 2025. PTCL Group continues to report double digit revenue growth in Q1 2025 Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in the country, has announced its financial results for Q1, 2025, ending March 31, 2025. The announcement was made during a Board of Directors meeting in Islamabad. In Q1 2025, PTCL Group achieved double-digit revenue growth of 22%. The Group's robust performance solidifies PTCL Group achieved double-digit revenue growth of 22%. - PTCL continued its upward growth trend, posting a 14% YoY increase in revenue to Rs. 29.6 billion
- [Boom in Local Vehicle Production: Trucks and Buses Output Soars by 106.7%, 55.95%](https://businessplus.com.pk/boom-in-local-vehicle-production-trucks-and-buses-output-soars-by-106-7-55-95/) - During the first eight months of the current financial year, the assembly of trucks and buses in the country experienced remarkable growth, increasing by 106.71% and 55.95% respectively compared to the same period last year. Boom in Local Vehicle Production: Trucks and Buses Output Soars by 106.7%, 55.95% During the first eight months of the current financial year, the assembly of trucks and buses in the country experienced remarkable growth, increasing by 106.71% and 55.95% respectively compared to the same period last year. This surge, highlighted in the summary of Provisional Quantum Index Numbers of Large Scale Manufacturing Industries (QIM), reflects the ongoing The QIM for February 2025, released by the Pakistan Bureau of Statistics, the QIM for July-February 2024-25 was estimated at 115.82. - During the period from July-February, 2024-25, over 3,113 trucks were locally assembled as compared to the assembling of 1,506 trucks of the same period of the last year, the data reveled.
- [PSW, AKS-iQ collaborate to strengthen TBML compliance and fintech innovation](https://businessplus.com.pk/psw-aks-iq-collaborate-to-strengthen-tbml-compliance-and-fintech-innovation/) - Pakistan Single Window (PSW) and Karachi-based RegTech firm AKS-iQ have entered into a strategic partnership aimed at bolstering trade-based money laundering (TBML) compliance and advancing innovation in the country’s fintech sector. PSW, AKS-iQ collaborate to strengthen TBML compliance and fintech innovation Pakistan Single Window (PSW) and Karachi-based RegTech firm AKS-iQ have entered into a strategic partnership aimed at bolstering trade-based money laundering (TBML) compliance and advancing innovation in the country’s fintech sector. Under the agreement, PSW will provide access to its national trade data to AKS-iQ for the development of advanced analytics tools tailored for the banking sector. Through the integration of PSW’s trade data, AKS-iQ aims to enhance its Trade iQ platform — an AI-powered solution already in use by a number of local banks — enabling them to perform price reasonability checks with greater efficiency and accuracy. - The platform uses machine learning algorithms to improve compliance outcomes while reducing operational risks associated with trade transactions.
- [Adib Rizvi bags prestigious medical award](https://businessplus.com.pk/adib-rizvi-bags-prestigious-medical-award/) - Country's iconic surgeon and philanthropist Prof. Adib Rizvi has been conferred the prestigious award of British Medical Journal for his meritorious services and contribution in the field of medical sciences of the South Asian region. Adib Rizvi bags prestigious medical award Country's iconic surgeon and philanthropist Prof. Adib Rizvi has been conferred the prestigious award of British Medical Journal for his meritorious services and contribution in the field of medical sciences of the South Asian region. BMJ (British Medical Journal) is a leading British medical journal being published for more than a century honors medical professionals, The Special Recognition Award recognizing services were held at a ceremony held in New Delhi recently where Dr. Sanjay Nagra, Co-Chair of the BMJ Advisor Board conferred the award. -
- [Al-Ghazi Tractors showcases innovation and engineering excellence at 4th TDAP Exhibition](https://businessplus.com.pk/al-ghazi-tractors-showcases-innovation-and-engineering-excellence-at-4th-tdap-exhibition/) - Al-Ghazi Tractors Ltd. (AGTL), a leading name in Pakistan’s agricultural machinery sector, is proudly participating in the 4th Health, Engineering, and Mineral Show (HEMS) organized by the Trade Development Authority of Pakistan (TDAP) at the Lahore Expo Center. Al-Ghazi Tractors showcases innovation and engineering excellence at 4th TDAP Exhibition Al-Ghazi Tractors Ltd. (AGTL), a leading name in Pakistan’s agricultural machinery sector, is proudly participating in the 4th Health, Engineering, and Mineral Show (HEMS) organized by the Trade Development Authority of Pakistan (TDAP) at the Lahore Expo Center. Now open to the general public after two days of exclusive access for corporate visitors and international Al-Ghazi Tractors Ltd. (AGTL), a leading name in Pakistan’s agricultural machinery sector, is proudly participating in the 4th Health, Engineering, and Mineral Show (HEMS) organized by the Trade Development Authority of Pakistan (TDAP) at the Lahore Expo Center. -
- [Meesha Shafi brightens up Times Square as Spotify’s EQUAL Pakistan Ambassador](https://businessplus.com.pk/meesha-shafi-brightens-up-times-square-as-spotifys-equal-pakistan-ambassador/) - Spotify Pakistan proudly announced Meesha Shafi as the EQUAL Pakistan Ambassador in April, highlighting her influential presence in the industry. As part of this recognition, on Thursday, April 17, Meesha was featured on Spotify's digital billboard in Times Square, New York City, joining a growing list of legendary and emerging local artists to be showcased at the iconic location. Meesha Shafi brightens up Times Square as Spotify’s EQUAL Pakistan Ambassador Celebrating another inspiration for women in music, Spotify Pakistan proudly announced Meesha Shafi as the EQUAL Pakistan Ambassador in April, highlighting her influential presence in the industry. As part of this recognition, on Thursday, April 17, Meesha was featured on Spotify's digital billboard in Times Square, New York City, joining a growing list of legendary Spotify Pakistan proudly announced Meesha Shafi as the EQUAL Pakistan Ambassador in April, highlighting her influential presence in the industry. As part of this recognition, on Thursday, April 17, Meesha was featured on Spotify's digital billboard in Times Square, New York City, joining a growing list of legendary and emerging local artists to be showcased at the iconic location. - Meesha Shafi has captivated audiences with her dynamic performances and powerful vocals, and has gone on to deliver some amazing tracks that still reverberate with audiences across the globe.
- [Mobilink Bank and JazzCash champion Financial Literacy with nationwide outreach drive under PFLW 2025](https://businessplus.com.pk/mobilink-bank-and-jazzcash-champion-financial-literacy-with-nationwide-outreach-drive-under-pflw-2025/) - Pakistan’s leading digital microfinance institution, Mobilink Bank, along with Pakistan’s largest fintech platform JazzCash, are spearheading a powerful national drive to promote financial awareness and empowerment as part of Pakistan Financial Literacy Week 2025. Mobilink Bank and JazzCash champion Financial Literacy with nationwide outreach drive under PFLW 2025 Pakistan’s leading digital microfinance institution, Mobilink Bank, along with Pakistan’s largest fintech platform JazzCash, are spearheading a powerful national drive to promote financial awareness and empowerment as part of Pakistan Financial Literacy Week 2025. Mobilink Bank and JazzCash’s active role during Financial Literacy Week comes at a time when their contributions have also been formally Mobilink Bank and JazzCash’s active role during Financial Literacy Week comes at a time when their contributions have also been formally acknowledged by the State Bank of Pakistan (SBP), which conferred upon Mobilink Bank the coveted ‘Performance Award’ for ‘Access to Finance’ under the National Financial Literacy Program, especially for fostering credit access to Pakistan’s most financially excluded communities. - Haaris Mahmood Chaudhary, President and CEO, Mobilink Bank, said, “Financial literacy is a gateway to economic empowerment. Mobilink Bank continues to foster literacy and digital innovation to bring excluded populations into the financial fold, especially those still held back by socio-economic and cultural barriers.
- [Bank Alfalah Reports Strong Performance in Q1 2025 Results](https://businessplus.com.pk/bank-alfalah-reports-strong-performance-in-q1-2025-results/) - The Bank reported a profit after tax of PKR 7.040 billion, translating into an Earning Per Share (EPS) of PKR 4.46. The Board of Directors also declared an interim cash dividend of PKR 2.5 per share (25%) (Same Period Last Year (SPLY): Rs.2.00 per share (20%). Bank Alfalah Reports Strong Performance in Q1 2025 Results The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 17, 2025, approved the Bank’s financial results for the quarter ended March 31, 2025. The Bank reported a profit after tax of PKR 7.040 billion, translating into an Earning Per Share (EPS) of PKR 4.46. The Board of Directors also The Bank reported a profit after tax of PKR 7.040 billion, translating into an Earning Per Share (EPS) of PKR 4.46.
- [Welcome to the Beautiful Destinations Academy, powered by Dubai – an industry-first travel content creator college, unveiled with a ground-breaking partnership with Dubai](https://businessplus.com.pk/welcome-to-the-beautiful-destinations-academy-powered-by-dubai-an-industry-first-travel-content-creator-college-unveiled-with-a-ground-breaking-partnership-with-dubai/) - The Dubai Corporation for Tourism and Commerce Marketing (Visit Dubai), in partnership with Beautiful Destinations, has launched the Beautiful Destinations Academy, Powered by Dubai - a pioneering professional development initiative aimed at setting new, global benchmarks for travel content creation and meeting the rising demand for skilled marketing talent within the tourism sector. Welcome to the Beautiful Destinations Academy, powered by Dubai – an industry-first travel content creator college, unveiled with a ground-breaking partnership with Dubai In a strategic move set to revolutionise tourism marketing, the Dubai Corporation for Tourism and Commerce Marketing (Visit Dubai) has partnered with award-winning travel content agency Beautiful Destinations to upskill the next generation of travel content creators The state-of-the-art programme will address growing demand for high calibre social-first content as Visit Dubai and Beautiful Destinations The partnership strengthens Dubai’s position as a global hub for the growing creator economy, which, according to Goldman Sachs could approach half-a-trillion dollars by 2027, and aligns with the Dubai Economic Agenda, D33, which is cementing Dubai’s status as the world’s best city to visit, live, and work in.
- [SECP Insurance Commissioner Leads Key Implementation Meeting on Insurance](https://businessplus.com.pk/secp-insurance-commissioner-leads-key-implementation-meeting-on-insurance/) - Mujtaba Ahmad Lodhi, Commissioner Insurance of the Securities and Exchange Commission of Pakistan (SECP), along with officials from the Insurance Division and senior representatives of the insurance industry, attended a meeting chaired by Mukesh Kumar Chawla, Minister for Excise, Taxation, and Narcotics Control, Government of Sindh. SECP Insurance Commissioner Leads Key Implementation Meeting on Insurance Mujtaba Ahmad Lodhi, Commissioner Insurance of the Securities and Exchange Commission of Pakistan (SECP), along with officials from the Insurance Division and senior representatives of the insurance industry, attended a meeting chaired by Mukesh Kumar Chawla, Minister for Excise, Taxation, and Narcotics Control, Government of Sindh. The meeting, held in Karachi on April 14, 2025, The meeting, held in Karachi on April 14, 2025, focused on discussing the implementation of Motor Third-Party Liability (MTPL) insurance across the province and outlining a way forward. - The Commissioner Insurance stressed the importance of implementing MTPL in Sindh comprehensively and transparently, with the active involvement of all licensed insurance companies.
- [Jazz Hosts Immersive Day at LUMS, Highlighting Digital Transformation](https://businessplus.com.pk/jazz-hosts-immersive-day-at-lums-highlighting-digital-transformation/) - Jazz, Pakistan’s leading digital operator, organized a vibrant Jazz Immersive Day at the Lahore University of Management Sciences (LUMS), as part of a broader awareness campaign to showcase its transformation from a traditional telecom operator into a multifaceted technology conglomerate. Jazz Hosts Immersive Day at LUMS, Highlighting Digital Transformation Jazz, Pakistan’s leading digital operator, organized a vibrant Jazz Immersive Day at the Lahore University of Management Sciences (LUMS), as part of a broader awareness campaign to showcase its transformation from a traditional telecom operator into a multifaceted technology conglomerate. The event spotlighted Jazz’s expanding digital ecosystem while enabling students and faculty to explore dynamic The event spotlighted Jazz’s expanding digital ecosystem while enabling students and faculty to explore dynamic and diversified digital avenues that are broadening the employment landscape in Pakistan. - Jazz Immersive Day is part of a larger initiative to foster deeper industry-academia linkages, promote digital innovation, and position Jazz as a catalyst for transformative change in Pakistan’s tech landscape.
- [Hyundai Penalized Rs.25 Million by CCP for Deceptive Tucson Launch Campaign](https://businessplus.com.pk/hyundai-penalized-rs-25-million-by-ccp-for-deceptive-tucson-launch-campaign/) - The Competition Commission of Pakistan (CCP) has cracked down on Nishat Hyundai Motors, slapping the auto giant with a Rs.25 million penalty for deceptive marketing tactics during the much-hyped 2020 launch of its Hyundai Tucson SUV. Hyundai Penalized Rs.25 Million by CCP for Deceptive Tucson Launch Campaign The Competition Commission of Pakistan (CCP) has cracked down on Nishat Hyundai Motors, slapping the auto giant with a Rs.25 million penalty for deceptive marketing tactics during the much-hyped 2020 launch of its Hyundai Tucson SUV. The CCP launched an investigation after Hyundai’s big Facebook Live event where it introduced the Tucson with “introductory prices” The CCP launched an investigation after Hyundai’s big Facebook Live event where it introduced the Tucson with “introductory prices” PKR 4,899,000 for the GLS/FWD model and PKR 5,399,000 for the ULTIMATE/AWD model. - The Commission found that the special prices were only valid for less than 24 hours, and the disclaimer “for a limited time only” was printed in very small, hard-to-read text.
- [Applications for the Daraz Future Leaders Programme 2025 are now open to attract South Asia’s best emerging talent](https://businessplus.com.pk/applications-for-the-daraz-future-leaders-programme-2025-are-now-open-to-attract-south-asias-best-emerging-talent/) - Daraz has announced the launch of the 2025 edition of its Daraz Future Leaders Programme (DFLP, the “Programme”), a group-wide management trainee initiative aimed at nurturing high-potential talent across Pakistan, Bangladesh, Sri Lanka, and Nepal. DFLP is set to establish Daraz’s commitment to nurturing local talents and building a thriving e-commerce ecosystem in the region. Applications for the Daraz Future Leaders Programme 2025 are now open to attract South Asia’s best emerging talent Daraz has announced the launch of the 2025 edition of its Daraz Future Leaders Programme (DFLP, the “Programme”), a group-wide management trainee initiative aimed at nurturing high-potential talent across Pakistan, Bangladesh, Sri Lanka, and Nepal. DFLP is set to establish Daraz’s commitment to nurturing local talents and building a thriving e-commerce ecosystem in the region. DFLP is set to establish Daraz’s commitment to nurturing local talents and building a thriving e-commerce ecosystem in the region. - The 15-month rotational Programme, set to commence in July 2025, is designed to provide selected trainees with hands-on experience through structured rotations across key business functions.
- [Sarsabz Baba Guru Nanak Kabaddi Cup Kicks Off in Lahore](https://businessplus.com.pk/sarsabz-baba-guru-nanak-kabaddi-cup-kicks-off-in-lahore/) - The Pakistan Kabaddi Federation and Fatima Fertilizer Company Limited proudly announced the commencement of the highly anticipated Sarsabz Baba Guru Nanak International Circle Style Gold Kabaddi Cup 2025. The three-day tournament, from April 16-18, 2025, brings together teams from Pakistan, India, and Iran. Sarsabz Baba Guru Nanak Kabaddi Cup Kicks Off in Lahore The Pakistan Kabaddi Federation and Fatima Fertilizer Company Limited proudly announced the commencement of the highly anticipated Sarsabz Baba Guru Nanak International Circle Style Gold Kabaddi Cup 2025. The three-day tournament, from April 16-18, 2025, brings together teams from Pakistan, India, and Iran. A press conference was held in Lahore on Tuesday, marking the beginning The three-day tournament, from April 16-18, 2025, brings together teams from Pakistan, India, and Iran. -
- [Cars’ sale up 40.99% to 75,265 units during Jul-Mar 2025](https://businessplus.com.pk/cars-sale-up-40-99-to-75265-units-during-jul-mar-2025/) - The sale of cars during the first nine months of the current fiscal year 2024-25 increased by 40.99 percent compared to the same months of last year, a recent data released by Pakistan Automobile Manufacturing Association (PAMA) said. Cars’ sale up 40.99% to 75,265 units during Jul-Mar 2025 The sale of cars during the first nine months of the current fiscal year 2024-25 increased by 40.99 percent compared to the same months of last year, a recent data released by Pakistan Automobile Manufacturing Association (PAMA) said. According to the data, as many as 76,265 cars were sold during the months under review as Suzuki Swift’s sales also rose by 57.45 percent as its sales surged from 3,586 units to 5,891 units this year. - Toyota Corolla and Yaris cars sales increased by 48.92 percent as it went up to 15,980 units from 10,730 units..
- [Uzbekistan Airways to launch direct flights between Tashkent, Islamabad from May](https://businessplus.com.pk/uzbekistan-airways-to-launch-direct-flights-between-tashkent-islamabad-from-may/) - The Uzbekistan Airways is going to launch direct flights between Tashkent and Islamabad starting May 24, 2025 in a significant step towards enhancing bilateral connectivity. Uzbekistan Airways to launch direct flights between Tashkent, Islamabad from May The Uzbekistan Airways is going to launch direct flights between Tashkent and Islamabad starting May 24, 2025 in a significant step towards enhancing bilateral connectivity. According to the Uzbek embassy on Tuesday, the new route is expected to bolster people-to-people exchanges, trade, and tourism between Uzbekistan and Pakistan. The initiative is the result of joint The Uzbekistan Airways is going to launch direct flights between Tashkent and Islamabad starting May 24, 2025 in a significant step towards enhancing bilateral connectivity. - The airline already operates bi-weekly flights between Tashkent and Lahore on Wednesdays and Fridays, providing vital air links between the two countries.
- [PSX Launches Pakistan Financial Literacy Week 2025 with Gong Ceremony to Empower Financial Inclusion](https://businessplus.com.pk/psx-launches-pakistan-financial-literacy-week-2025-with-gong-ceremony-to-empower-financial-inclusion/) - Pakistan Stock Exchange (PSX) proudly launched Pakistan Financial Literacy Week 2025 (PFLW 2025) with a Gong Ceremony, marking the start of a nationwide initiative to promote financial literacy and inclusion. PSX Launches Pakistan Financial Literacy Week 2025 with Gong Ceremony to Empower Financial Inclusion Pakistan Stock Exchange (PSX) proudly launched Pakistan Financial Literacy Week 2025 (PFLW 2025) with a Gong Ceremony, marking the start of a nationwide initiative to promote financial literacy and inclusion. This impactful campaign is organized in collaboration with the State Bank of Pakistan (SBP), Securities and Exchange Commission of Pakistan (SECP), Central Depository Company (CDC), Throughout PFLW 2025, a diverse range of activities will be conducted across schools, colleges, universities, and communities nationwide. - These include workshops, awareness sessions, and digital campaigns designed to equip individuals with the knowledge and tools needed for informed financial decision-making.
- [Your summer ladies’ guide in Dubai](https://businessplus.com.pk/your-summer-ladies-guide-in-dubai/) - Pool dips, Mediterranean bites, neon lights and flamenco shows — Dubai's got your summer social calendar sorted, especially if you are ready to blow off steam with your girlfriends. Whether you’re after a lazy float under the sun, dancing under palm trees, or just sipping and snacking your way through the week, these spots are bringing the heat in all the right ways. Let’s break it down. Your summer ladies’ guide in Dubai Pool dips, Mediterranean bites, neon lights and flamenco shows — Dubai's got your summer social calendar sorted, especially if you are ready to blow off steam with your girlfriends. Whether you’re after a lazy float under the sun, dancing under palm trees, or just sipping and snacking your way through the week, these spots are Pool dips, Mediterranean bites, neon lights and flamenco shows — Dubai's got your summer social calendar sorted, especially if you are ready to blow off steam with your girlfriends. - Looking for laid-back luxury? Azure Beach at Rixos Premium JBR has you covered every Tuesday and Wednesday. Claim your sunbed early, soak up the rays, and start your day with breakfast and poolside lounging. It’s calm, cool, and oh-so-necessary.
- [BYD Makes a Dynamic Debut at The Opening Ceremony of PSL X](https://businessplus.com.pk/byd-makes-a-dynamic-debut-at-the-opening-ceremony-of-psl-x/) - In an electrifying collaboration that unites the worlds of sports and innovation, BYD Pakistan - Mega Motor Company recently announced their partnership with HBL PSL 10 as the official mobility partner of this season. This momentous alliance between the World’s No.1 NEV manufacturer and Pakistan’s most premier cricket league took the center stage at the tournament’s grand opening ceremony on Friday, April 11, marking the launch of a dynamic series of activations, set to drive the excitement throughout the tournament. BYD Makes a Dynamic Debut at The Opening Ceremony of PSL X Player of the Tournament to be awarded with BYD Seal as part of this groundbreaking partnership In an electrifying collaboration that unites the worlds of sports and innovation, BYD Pakistan - Mega Motor Company recently announced their partnership with HBL PSL 10 as the official mobility partner of this season. This momentous alliance between the This momentous alliance between the World’s No.1 NEV manufacturer and Pakistan’s most premier cricket league took the center stage at the tournament’s grand opening ceremony on Friday, April 11, marking the launch of a dynamic series of activations, set to drive the excitement throughout the tournament. -
- [Uzbekistan-Pakistan Tourism Collaboration: Ambassador Highlights Growth Potential](https://businessplus.com.pk/uzbekistan-pakistan-tourism-collaboration-ambassador-highlights-growth-potential/) - Ambassador of Uzbekistan to Pakistan, Alisher Tukhtaev has said that there is a huge potential in the tourism market between Uzbekistan and Pakistan, which is based on the historical, religious, cultural and trade ties between the two countries. Uzbekistan-Pakistan Tourism Collaboration: Ambassador Highlights Growth Potential Ambassador of Uzbekistan to Pakistan, Alisher Tukhtaev has said that there is a huge potential in the tourism market between Uzbekistan and Pakistan, which is based on the historical, religious, cultural and trade ties between the two countries. This roadshow is a good chance to bring our nations even closer through tourism and people-to-people contacts, This roadshow is a good chance to bring our nations even closer through tourism and people-to-people contacts, the Ambassador said Ambassador of Uzbekistan to Pakistan, Alisher Tukhtaev said this while addressing the “Uzbekistan Tourism Roadshow- 2025” organized embassy of Uzbekistan here in a local hotel. - Now, both sides have simpler visa regimes, direct flights, and growing partnerships between touristic companies and this reminds us of the strong and old friendship between our two countries, he said.
- [29th Textile Asia 2025 to be held from April 12–14 in Karachi](https://businessplus.com.pk/29th-textile-asia-2025-to-be-held-from-april-12-14-in-karachi/) - The 29th edition of Textile Asia, the premier international textile exhibition and a much-awaited trade fair for the textile and garment industry, will take place from April 12 to 14, 2025, across seven halls at the Karachi Expo Centre. 29th Textile Asia 2025 to be held from April 12–14 in Karachi The 29th edition of Textile Asia, the premier international textile exhibition and a much-awaited trade fair for the textile and garment industry, will take place from April 12 to 14, 2025, across seven halls at the Karachi Expo Centre. The theme of the exhibition is, “The Road to a Value-Added Textile Sector,” underscoring its focus The theme of the exhibition is, “The Road to a Value-Added Textile Sector,” underscoring its focus on innovation and industry growth. - The event will feature live demonstrations of cutting-edge advancements, including automation, artificial intelligence, and next-gen textile machinery.
- [Textile Asia: Pakistan textile sector to get benefits from USA tariff policy](https://businessplus.com.pk/textile-asia-pakistan-textile-sector-to-get-benefits-from-usa-tariff-policy/) - The imposition of heavy tariffs on China and other countries by the USA administration will create a demand of textile, garments and various products in the American market that will provide an opportunity for Pakistanis companies to grow their exports of textile and garments manifold to this market. Textile Asia: Pakistan textile sector to get benefits from USA tariff policy Pakistan's overall exports, particularly the textile sector will get benefits from the new USA tariff policy. This was stated by Shaikh Shafiq Jhok Wala, Chief Coordinator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) while speaking as a chief guest at the inauguration of 29th Textile Asia 2025 being held on Saturday at Expo Center, The imposition of heavy tariffs on China and other countries by the USA administration will create a demand of textile, garments and various products in the American market that will provide an opportunity for Pakistanis companies to grow their exports of textile and garments manifold to this market. - Project Director Textile Asia Muhammad Uzair Nizam said that the overwhelming participation of foreign delegates and national business leaders in the textile trade fair is testament to an impressive business opportunity and growth in Pakistan.
- [EcoStar Polo Super League 2025 concludes with a thrilling finale](https://businessplus.com.pk/ecostar-polo-super-league-2025-concludes-with-a-thrilling-finale/) - The second tournament of the EcoStar Polo Super League 2025 successfully came to an end today with an electrifying final match and a grand closing ceremony. EcoStar Polo Super League 2025 concludes with a thrilling finale The second tournament of the EcoStar Polo Super League 2025 successfully came to an end today with an electrifying final match and a grand closing ceremony. Building on the success of its first tournament, the second league featured five competitive teams and showcased exceptional talent, skill, and sportsmanship across a series of gripping matches. The The second tournament of the EcoStar Polo Super League 2025 successfully came to an end today with an electrifying final match and a grand closing ceremony. - EcoStar remains committed to supporting initiatives that celebrate talent and inspire the next generation of athletes.
- [Pakistan-UAE Economic Collaboration Leads to $10 Billion in Trade](https://businessplus.com.pk/pakistan-uae-economic-collaboration-leads-to-10-billion-in-trade/) - Pakistan’s Ambassador to the UAE Faisal Tirmizi said that the bilateral trade between Pakistan and the UAE exceeded US$10.9 billion in the fiscal year 2023–24, including both in goods and services. Pakistan-UAE Economic Collaboration Leads to $10 Billion in Trade The ambassador highlighted the presence of several prominent UAE firms in Pakistan, including Etihad Airways, Emirates, Emaar, and Dubai Islamic Bank, all of which have established operations or branches in the country. Pakistan’s Ambassador to the UAE Faisal Tirmizi said that the bilateral trade between Pakistan and the UAE exceeded US$10.9 billion in the fiscal In a statement to the Emirates News Agency (WAM), it was revealed that remittances from the Pakistani community in the UAE reached $6.7 billion in 2024 and are projected to exceed $7 billion in 2025, showcasing the vital role of the diaspora in strengthening Pakistan's economy. - Ambassador Tirmizi further revealed that UAE’s telecommunications sector made a landmark investment by acquiring a significant stake in Pakistan Telecommunication Company Limited (PTCL) for over $2 billion.
- [Bank Alfalah teams up with Swift to enhance security and efficiency for cross-border payments to any bank account in Pakistan](https://businessplus.com.pk/bank-alfalah-teams-up-with-swift-to-enhance-security-and-efficiency-for-cross-border-payments-to-any-bank-account-in-pakistan/) - Bank Alfalah, one of Pakistan’s leading commercial banks, has announced a strategic collaboration with Swift to introduce Payment Pre-validation, a cutting-edge solution designed to enhance the speed, accuracy, and security of cross-border payments that will benefit all banks in Pakistan. Bank Alfalah teams up with Swift to enhance security and efficiency for cross-border payments to any bank account in Pakistan Bank Alfalah to act as gateway for pre-validating payments to any bank account in the country Bank Alfalah, one of Pakistan’s leading commercial banks, has announced a strategic collaboration with Swift to introduce Payment Pre-validation, a cutting-edge solution designed to enhance the speed, accuracy, and security of cross-border payments that will benefit all banks in This collaboration will see Bank Alfalah through 1LINK enable any Swift-connected institution anywhere in the world to carry out upfront checks of beneficiary data for any of the 200 million plus bank accounts in Pakistan. - Swift’s Payment Pre-validation service reduces risk by validating key payment details before funds are transferred.
- [How much prize money of HBL PSL X?](https://businessplus.com.pk/how-much-prize-money-of-hbl-psl-x/) - The HBL Pakistan Super League (PSL) is all set to welcome its tenth edition HBL PSL X, when defending champions Islamabad United take on Lahore Qalandars at the Rawalpindi Cricket Stadium on Friday night. How much prize money of HBL PSL X? The HBL Pakistan Super League (PSL) is all set to welcome its tenth edition HBL PSL X, when defending champions Islamabad United take on Lahore Qalandars at the Rawalpindi Cricket Stadium on Friday night. The six teams will also be locking horns to take away the USD 500,000 prize money set for the winners, while The HBL Pakistan Super League (PSL) is all set to welcome its tenth edition HBL PSL X, when defending champions Islamabad United take on Lahore Qalandars at the Rawalpindi Cricket Stadium on Friday night. -
- [Pakistan’s Liquid Foreign Reserves Rise to $15.75 Billion](https://businessplus.com.pk/pakistans-liquid-foreign-reserves-rise-to-15-75-billion/) - The total liquid foreign reserves of Pakistan rose to US$ 15,752.7 million during the week ended on April 04, 2025 while the State Bank of Pakistan held reserves increased to $ 10,699.4 million. Pakistan’s Liquid Foreign Reserves Rise to $15.75 Billion The total liquid foreign reserves of Pakistan rose to US$ 15,752.7 million during the week ended on April 04, 2025 while the State Bank of Pakistan held reserves increased to $ 10,699.4 million. The SBP held reserves increased by $ 23 million to $ 10,699.4 million as of 4 April 2025, the central bank reported The total liquid foreign reserves of Pakistan rose to US$ 15,752.7 million during the week ended on April 04, 2025 while the State Bank of Pakistan held reserves increased to $ 10,699.4 million. - The SBP held reserves increased by $ 23 million to $ 10,699.4 million as of 4 April 2025, the central bank reported on Thursday in its weekly statement on liquid foreign reserves position.
- [Mobilink Bank wins Silver at Dubai Lynx Awards for its 'Invisible Heirs' campaign](https://businessplus.com.pk/mobilink-bank-wins-silver-at-dubai-lynx-awards-for-its-invisible-heirs-campaign/) - Pakistan's leading digital microfinance institution, Mobilink Bank, has added yet another feather in its cap by winning silver for its 'Invisible Heirs' campaign at the prestigious Dubai Lynx Awards 2025 – the MENA region's biggest creative and marketing event. The campaign excelled in the Creative Strategy Corporate Purpose & Social Responsibility category for elevating consciousness against the systemic denial of inheritance share for most women in Pakistan. Mobilink Bank wins Silver at Dubai Lynx Awards for its 'Invisible Heirs' campaign Pakistan's leading digital microfinance institution, Mobilink Bank, has added yet another feather in its cap by winning silver for its 'Invisible Heirs' campaign at the prestigious Dubai Lynx Awards 2025 – the MENA region's biggest creative and marketing event. The campaign excelled in the Creative Strategy Corporate Purpose & Social Responsibility category for elevating consciousness The campaign excelled in the Creative Strategy Corporate Purpose & Social Responsibility category for elevating consciousness against the systemic denial of inheritance share for most women in Pakistan. - The campaign featured a powerful video narrative highlighting women's emotional and societal challenges in securing their inheritance, sparking a nationwide conversation and inspiring action.
- [Trump's Tariff Policy: A 10% Cut for Most, 125% Hike for China](https://businessplus.com.pk/trumps-tariff-policy-a-10-cut-for-most-125-hike-for-china/) - In a dramatic shift in trade policy, President Donald Trump announced on Wednesday a temporary reduction in tariffs for numerous countries, easing the burden of hefty duties previously imposed. However, the move came with a sharp escalation in pressure on China, as tariffs for the nation were raised significantly. The announcement sent shockwaves through global markets, propelling U.S. stocks to impressive gains. Trump's Tariff Policy: A 10% Cut for Most, 125% Hike for China In a dramatic shift in trade policy, President Donald Trump announced on Wednesday a temporary reduction in tariffs for numerous countries, easing the burden of hefty duties previously imposed. However, the move came with a sharp escalation in pressure on China, as tariffs for the nation were raised significantly. The announcement sent shockwaves through global In a dramatic shift in trade policy, President Donald Trump announced on Wednesday a temporary reduction in tariffs for numerous countries, easing the burden of hefty duties previously imposed. - “I have authorised a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10 per cent, also effective immediately,” Trump posted on Wednesday on social media.
- [Lucky Investments sets new record with Pakistan’s largest mutual fund launch](https://businessplus.com.pk/lucky-investments-sets-new-record-with-pakistans-largest-mutual-fund-launch/) - Lucky Investments Limited has made history by executing Pakistan’s largest-ever mutual fund launch, raising a record-breaking Rs.50 billion during the Initial Public Offering (IPO) of its Lucky Islamic Money Market Fund. Lucky Investments sets new record with Pakistan’s largest mutual fund launch Lucky Investments Limited has made history by executing Pakistan’s largest-ever mutual fund launch, raising a record-breaking Rs.50 billion during the Initial Public Offering (IPO) of its Lucky Islamic Money Market Fund. This remarkable achievement marks a major milestone in Pakistan’s financial sector, reflecting the strong confidence of investors across the country in the company’s first Lucky Investments Limited has made history by executing Pakistan’s largest-ever mutual fund launch, raising a record-breaking Rs.50 billion during the Initial Public Offering (IPO) of its Lucky Islamic Money Market Fund. - This remarkable achievement marks a major milestone in Pakistan’s financial sector, reflecting the strong confidence of investors across the country in the company’s first Sharia-compliant offering.
- [Palandöken Economic Forum Set to Kick Off in Erzurum, Türkiye](https://businessplus.com.pk/palandoken-economic-forum-set-to-kick-off-in-erzurum-turkiye/) - The eastern Turkish province of Erzurum, designated as the Economic Cooperation Organization (ECO) Tourism Capital of 2025, is set to host the Palandöken Economic Forum on April 26-27, 2025. Palandöken Economic Forum Set to Kick Off in Erzurum, Türkiye The eastern Turkish province of Erzurum, designated as the Economic Cooperation Organization (ECO) Tourism Capital of 2025, is set to host the Palandöken Economic Forum on April 26-27, 2025. Founded as the Regional Cooperation for Development (RCD) in 1964 by the Islamic Republic of Iran, Islamic Republic of Pakistan and the Republic of Türkiye, the The eastern Turkish province of Erzurum, designated as the Economic Cooperation Organization (ECO) Tourism Capital of 2025, is set to host the Palandöken Economic Forum on April 26-27, 2025. - Erzurum is beautifully located on the slopes of Palandöken, one of Türkiye’s top winter destinations.
- [Alvarez & Marsal keen to invest in Pakistan](https://businessplus.com.pk/alvarez-marsal-keen-to-invest-in-pakistan/) - Alvarez & Marsal, a leading global professional services firm, has reaffirmed its dedication to investing in Pakistan, underscoring its long-term strategy in the region’s rapidly expanding markets. Alvarez & Marsal keen to invest in Pakistan Alvarez & Marsal, a leading global professional services firm, has reaffirmed its dedication to investing in Pakistan, underscoring its long-term strategy in the region’s rapidly expanding markets. The company’s delegation reaffirmed its commitment to investing in Pakistan during a meeting with Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. According to a press statement Alvarez & Marsal, a leading global professional services firm, has reaffirmed its dedication to investing in Pakistan, underscoring its long-term strategy in the region’s rapidly expanding markets. - According to the statement, the meeting was part of ongoing discussions regarding the firm’s potential involvement in Pakistan’s privatization processes and the establishment of a sovereign wealth fund.
- [Economic Reforms to Boost Pakistan’s Growth to 2.5% in FY-2025](https://businessplus.com.pk/economic-reforms-to-boost-pakistans-growth-to-2-5-in-fy-2025/) - According to Asian Development Outlook (ADO) April 2025, the Asian Development Bank’s (ADB) annual flagship economic publication, Pakistan’s real gross domestic product (GDP) is expected to grow by 2.5% in FY2025, the same growth rate from FY-2024. Economic Reforms to Boost Pakistan’s Growth to 2.5% in FY-2025 According to Asian Development Outlook (ADO) April 2025, the Asian Development Bank’s (ADB) annual flagship economic publication, Pakistan’s real gross domestic product (GDP) is expected to grow by 2.5% in FY-2025, the same growth rate from FY-2024. Pakistan’s economy is showing signs of stability and recovery with growth in FY-2025 (ending 30 June 2026), as Pakistan’s economy is showing signs of stability and recovery with growth in FY-2025 (ending 30 June 2026), as the effects of tight macroeconomic policies and progress in economic reforms took hold. - “Growth is projected to persist in 2025 and to increase in 2026. Sustained implementation of policy reforms is vital to buttress this growth trajectory and fortify fiscal and external buffers,” Fan added.
- [Pakistan, Turkiye agree to enhance cooperation in energy sector](https://businessplus.com.pk/pakistan-turkiye-agree-to-enhance-cooperation-in-energy-sector/) - Pakistan and Turkiye agreed to enhance cooperation in the energy sector, especially in the area of renewable energy. Pakistan, Turkiye agree to enhance cooperation in energy sector Pakistan and Turkiye agreed to enhance cooperation in the energy sector, especially in the area of renewable energy. Prime Minister Muhammad Shehbaz Sharif was talking to a 9-member delegation led by Turkiye’s Minister of Energy and Natural Resources, Alparslan Bayraktar at the PM House. The Turkish delegation appreciated the ongoing reforms in Pakistan’s energy sector. Turkiye’s Minister of Energy said that his country will share its successful experience in energy reforms and privatization, particularly in the power sector, with Pakistan. - The Turkish Minister also expressed strong interest in Pakistan’s mineral sector, especially in the exploration of rare earth minerals.
- [ABHI Partners with National Foods Limited to Provide Earned Wage Access, Empowering Employees with Financial Flexibility](https://businessplus.com.pk/abhi-partners-with-national-foods-limited-to-provide-earned-wage-access-empowering-employees-with-financial-flexibility/) - In a significant step toward financial empowerment, ABHI, an embedded finance platform, has partnered with National Foods Limited (NFL), a multi-category food giant and a global food exporter with a presence in 40 countries, to introduce Earned Wage Access (EWA) for its workforce. This collaboration underscores both companies’ commitment to employee well-being, ensuring greater financial control and stability for NFL employees. ABHI Partners with National Foods Limited to Provide Earned Wage Access, Empowering Employees with Financial Flexibility In a significant step toward financial empowerment, ABHI, an embedded finance platform, has partnered with National Foods Limited (NFL), a multi-category food giant and a global food exporter with a presence in 40 countries, to introduce Earned Wage Access (EWA) for its workforce. This collaboration underscores both companies’ commitment to employee well-being, ensuring greater financial Through ABHI’s EWA solution, NFL employees can access a portion of their earned salary in real-time via the ABHI mobile app or SMS, within 30 seconds, anytime, anywhere. This initiative eliminates the stress of waiting for payday, reducing reliance on high-interest loans and fostering greater financial security. - By offering immediate salary, employees can cover unexpected expenses, avoid debt traps, and maintain financial stability.
- [BYD Partners with HBL PSL Season 10 to Electrify Pakistan’s Most Iconic Series](https://businessplus.com.pk/byd-partners-with-hbl-psl-season-10-to-electrify-pakistans-most-iconic-series/) - n a thrilling fusion of sport and innovation, BYD Pakistan - Mega Motor Company, has officially joined hands with Pakistan Super League’s 10th edition as its official mobility partner. The partnership was formalized at a landmark signing ceremony, held outside the Pakistan Cricket Board’s headquarters for the first time, hosted at the BYD Experience Center in Lahore, marking a significant collaboration between the nation's premier cricket league and the world’s No.1 New Energy Vehicles (NEVs) manufacturer. BYD Partners with HBL PSL Season 10 to Electrify Pakistan’s Most Iconic Series In a thrilling fusion of sport and innovation, BYD Pakistan - Mega Motor Company, has officially joined hands with Pakistan Super League’s 10th edition as its official mobility partner. The partnership was formalized at a landmark signing ceremony, held outside the Pakistan Cricket Board’s headquarters for the first time, hosted at the BYD Experience Center The partnership was formalized at a landmark signing ceremony, held outside the Pakistan Cricket Board’s headquarters for the first time, hosted at the BYD Experience Center in Lahore. - This partnership not only elevates the excitement of HBL PSL X but also highlights the synergy between BYD's innovative approach to sustainable mobility and the dynamic spirit of Pakistani cricket.
- [SECP Releases Comprehensive FAQs on Private Fund Regulations](https://businessplus.com.pk/secp-releases-comprehensive-faqs-on-private-fund-regulations/) - The Securities and Exchange Commission of Pakistan (SECP) has issued a set of Frequently Asked Questions (FAQs) regarding the Private Fund Sector. SECP Releases Comprehensive FAQs on Private Fund Regulations The Securities and Exchange Commission of Pakistan (SECP) has issued a set of Frequently Asked Questions (FAQs) regarding the Private Fund Sector. The FAQs aim to provide clear and concise information to stakeholders, investors, and the general public regarding key aspects of the private fund sector. The FAQs are designed to assist fund managers, investors, The FAQs are designed to assist fund managers, investors, and other stakeholders by providing clarity on the regulatory framework and operational requirements for private funds. - The FAQs also outline the registration requirement and the documentation of a private fund, making it easier for stakeholders to understand and comply with SECP’s regulatory requirements.
- [Nominees announced for the 23rd LUX Style Awards](https://businessplus.com.pk/nominees-announced-for-the-23rd-lux-style-awards/) - The 23rd edition of the prestigious LUX Style Awards will once again honor the brightest stars in fashion, film, music, and television. This year, the prestigious awards show will be held in the first-ever fully digital format, allowing fans and followers to engage with the glitz and glamour from their homes. The 23rd LUX Style Nominees announced for the 23rd LUX Style Awards The 23rd edition of the prestigious LUX Style Awards will once again honor the brightest stars in fashion, film, music, and television. This year, the prestigious awards show will be held in the first-ever fully digital format, allowing fans and followers to engage with the glitz and glamour from their homes. The 23rd LUX Style The 23rd edition of the prestigious LUX Style Awards will once again honor the brightest stars in fashion, film, music, and television. -
- [Changpeng Zhao Partners with Pakistan to Accelerate Crypto Expansion](https://businessplus.com.pk/changpeng-zhao-partners-with-pakistan-to-accelerate-crypto-expansion/) - Pakistan has enlisted Zhao Changpeng, widely known as CZ, the visionary co-founder of Binance, the world's largest cryptocurrency exchange, to spearhead efforts in establishing a globally competitive digital finance platform. Changpeng Zhao Partners with Pakistan to Accelerate Crypto Expansion Crypto trading is steadily gaining traction among Pakistan’s 230-million population despite its central bank’s warning over the risks posed by the industry Pakistan has enlisted Zhao Changpeng, widely known as CZ, the visionary co-founder of Binance, the world's largest cryptocurrency exchange, to spearhead efforts in establishing a globally competitive digital finance platform. This strategic move Binance’s Zhao will guide Pakistan’s newly-formed Crypto Council on regulation, infrastructure, education and adoption as a strategic advisor, according to a statement issued by the finance ministry. - The government plans to develop a legal framework for cryptocurrency trading to lure foreign investors.
- [Jazz Partners with PCB as Digital Lifestyle Partner for HBL PSL Season 10](https://businessplus.com.pk/jazz-partners-with-pcb-as-digital-lifestyle-partner-for-hbl-psl-season-10/) - Jazz, Pakistan’s leading digital operator, has partnered with the Pakistan Cricket Board (PCB) as the Digital Lifestyle Partner for the upcoming HBL Pakistan Super League Season 10 (PSL X). Jazz Partners with PCB as Digital Lifestyle Partner for HBL PSL Season 10 Jazz, Pakistan’s leading digital operator, has partnered with the Pakistan Cricket Board (PCB) as the Digital Lifestyle Partner for the upcoming HBL Pakistan Super League Season 10 (PSL X). This partnership reaffirms Jazz’s longstanding commitment to promoting cricket in Pakistan—at both grassroots and professional levels—and supporting the game that brings the nation together. Jazz has This partnership reaffirms Jazz’s longstanding commitment to promoting cricket in Pakistan—at both grassroots and professional levels—and supporting the game that brings the nation together. - Jazz’s digital entertainment platform, Tamasha—Pakistan’s largest homegrown OTT service—will livestream every match of PSL 10, delivering high-quality cricket action to millions of screens nationwide.
- [Global Market Impact Hits Pakistan: Benchmark Index Falls 5%](https://businessplus.com.pk/global-market-impact-hits-pakistan-benchmark-index-falls-5/) - Pakistan's benchmark share index experienced a significant 5% slump on Monday, driven by ripple effects from a sharp downturn in global markets. Global Market Impact Hits Pakistan: Benchmark Index Falls 5% Pakistan's benchmark share index experienced a significant 5% slump on Monday, driven by ripple effects from a sharp downturn in global markets. Last week, Pakistan's benchmark index saw a notable rise, fueled by the government's decision to slash energy tariffs for both domestic and industrial users. This positive movement in the local market stood in Pakistan's benchmark share index experienced a significant 5% slump on Monday, driven by ripple effects from a sharp downturn in global markets. - Last week, Pakistan's benchmark index saw a notable rise, fueled by the government's decision to slash energy tariffs for both domestic and industrial users.
- [SECP Proposes Reforms to Expedite Issuance of Bonus and Right Shares](https://businessplus.com.pk/secp-proposes-reforms-to-expedite-issuance-of-bonus-and-right-shares/) - The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper seeking public feedback on proposed amendments to the existing regulatory framework governing the issuance of bonus and right shares. These proposed reforms are aimed at significantly reducing the time taken between the announcement of such corporate actions and the actual crediting of bonus or right shares to shareholders’ accounts. SECP Proposes Reforms to Expedite Issuance of Bonus and Right Shares The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper seeking public feedback on proposed amendments to the existing regulatory framework governing the issuance of bonus and right shares. These proposed reforms are aimed at significantly reducing the time taken between the announcement of such corporate actions and the actual crediting of The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper seeking public feedback on proposed amendments to the existing regulatory framework governing the issuance of bonus and right shares. - These proposed reforms are aimed at significantly reducing the time taken between the announcement of such corporate actions and the actual crediting of bonus or right shares to shareholders’ accounts.
- [Pakistan's Trade Delegation to Visit US for Key Tariff Negotiations](https://businessplus.com.pk/pakistans-trade-delegation-to-visit-us-for-key-tariff-negotiations/) - Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, while responding to the changing US trade policy and tariffs under President Donald Trump’s administration, said that Pakistan intends to send a high-level delegation to Washington to convey its commitment to a long-term strategic partnership. Pakistan's Trade Delegation to Visit US for Key Tariff Negotiations Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, while responding to the changing US trade policy and tariffs under President Donald Trump’s administration, said that Pakistan intends to send a high-level delegation to Washington to convey its commitment to a long-term strategic partnership. “In the next couple of days, we are going to finalize Senator Muhammad Aurangzeb, said that two committees were constituted including a steering group, led by Finance Minister and a working group, headed by the Secretary of Commerce, and there were meetings over the last couple of days and will continue with a view to transform challenges into opportunities. - “In the next couple of days, we are going to finalize our recommendations to the prime minister and ….. with approval of PM, we intend to send a high level delegation to Washington to get our views across and to ensure that we want to be a partner, which is a long term strategic partner,” the minister said during a press conference.
- [Walee Partners with Daraz Pakistan to Stream HBL PSL X: The Future of Cricket and E-Commerce](https://businessplus.com.pk/walee-partners-with-daraz-pakistan-to-stream-hbl-psl-x-the-future-of-cricket-and-e-commerce/) - Daraz Pakistan, the country’s leading e-commerce platform, has entered into a partnership with Walee, the exclusive digital live-streaming rights holder for HBL Pakistan Super League (HBL PSL) Seasons 9 and 10. Through this collaboration, Daraz will stream the upcoming 10th edition of HBL PSL. Daraz Pakistan teams up with Walee to stream HBL PSL X, bridging cricket and e-commerce Daraz Pakistan, the country’s leading e-commerce platform, has entered into a partnership with Walee, the exclusive digital live-streaming rights holder for HBL Pakistan Super League (HBL PSL) Seasons 9 and 10. Through this collaboration, Daraz will stream the upcoming 10th edition of HBL PSL. The 10th season of HBL PSL is scheduled to begin on Daraz Pakistan, the country’s leading e-commerce platform, has entered into a partnership with Walee, the exclusive digital live-streaming rights holder for HBL Pakistan Super League (HBL PSL) Seasons 9 and 10. - Through this collaboration, Daraz will stream the upcoming 10th edition of HBL PSL.
- [China Responds to US Tariff Policies with 34% Levy on Imports](https://businessplus.com.pk/china-responds-to-us-tariff-policies-with-34-levy-on-imports/) - China announced a series of additional tariffs and trade restrictions on United States goods as a countermeasure to the extensive tariffs imposed by President Donald Trump. China Responds to US Tariff Policies with 34% Levy on Imports The finance ministry said it would impose additional tariffs of 34 per cent on all US goods from Apr 10. China announced a series of additional tariffs and trade restrictions on United States goods as a countermeasure to the extensive tariffs imposed by President Donald Trump. Beijing further escalated trade tensions by announcing export controls The finance ministry said it would impose additional tariffs of 34 per cent on all US goods from Apr 10. - Beijing further escalated trade tensions by announcing export controls on medium and heavy rare earth elements, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium, to the United States. The restrictions, set to take effect on April 4.
- [Business Community Lauds Govt's Tariff Reduction, Eyeing Economic Growth](https://businessplus.com.pk/business-community-lauds-govts-tariff-reduction-eyeing-economic-growth/) - President Sargodha Chamber of Commerce and Industry(SCCI), Khawaja Yasir Qayyum welcomed the recent announcement of a significant reduction in electricity tariffs by the Prime Minister of Pakistan, Muhammad Shahbaz Sharif. Business Community Lauds Govt's Tariff Reduction, Eyeing Economic Growth President Sargodha Chamber of Commerce and Industry(SCCI), Khawaja Yasir Qayyum welcomed the recent announcement of a significant reduction in electricity tariffs by the Prime Minister of Pakistan, Muhammad Shahbaz Sharif. Khawaja Yasir Qayyum praised the government’s move to cut electricity prices by Rs.7.41 per unit for domestic consumers and Rs.7.59 per unit for industrial consumers, Khawaja Yasir Qayyum praised the government’s move to cut electricity prices by Rs.7.41 per unit for domestic consumers and Rs.7.59 per unit for industrial consumers, calling it a commendable step, adding that he emphasized that this reduction would prove to be very beneficial for economic stability and business development in the country, reducing business costs, increasing productivity of industries and creating new investment opportunities. -
- [Shehbaz Government Rolls Out Massive Rs7.69/unit Power Bill Relief](https://businessplus.com.pk/shehbaz-government-rolls-out-massive-rs7-69-unit-power-bill-relief/) - PM's New Package Brings Rs7.41/unit Relief to Homes, Rs7.69/unit to Industries. Shehbaz Government Rolls Out Massive Rs7.69/unit Power Bill Relief PM's New Package Brings Rs7.41/unit Relief to Homes, Rs7.69/unit to Industries PM Shehbaz Sharif Slashes Electricity Prices by Up to Rs7.69/unit, Promises More Relief Through Power Sector Reforms. In June 2024, the industrial electricity rate stood at Rs.58.5 per unit, which saw an initial reduction of Rs.10.3, followed by an additional cut of Rs.7.69, significantly He emphasized that this reduction would enable industrialists to lower production costs, making their products more affordable and competitive in both local and global markets. - Highlighting the structural reforms to be taken in power sector, the prime minister said the government will ensure halting power theft which was around Rs.600 billion per year.
- [Champions Crowned After Intense Final Team Remington Pharma Wins EcoStar Super League 2025](https://businessplus.com.pk/champions-crowned-after-intense-final-team-remington-pharma-wins-ecostar-super-league-2025/) - The EcoStar Super League 2025 has reached its climax, featuring an intense competition among ten outstanding teams. The tournament showcased remarkable talent and sportsmanship, culminating in the highly anticipated matches. Champions Crowned After Intense Final Team Remington Pharma Wins EcoStar Super League 2025 - The EcoStar Super League 2025 has not only entertained polo enthusiasts but has also significantly contributed to the promotion of equestrian sports in the region. - Main Final saw Remington Pharma face off against IS/Master Knights. Remington Pharma emerged as the Winner of the EcoStar Super League 2025.
- [Retail Transactions Surge by 11%, Volume Hits 2,143 Million](https://businessplus.com.pk/retail-transactions-surge-by-11-volume-hits-2143-million/) - The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q2 FY25,providing summary on payment systems and presenting notable changes in country’s digital payments. Pakistan's digital payment landscape strengthens as transactions continue to increase in Q2-FY25 aswell. Retail transactions witnessed an 11% increase in volume, reaching 2,143 million, while the valueof Retail Transactions Surge by 11%, Volume Hits 2,143 Million The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q2 FY25,providing summary on payment systems and presenting notable changes in country’s digital payments. Pakistan's digital payment landscape strengthens as transactions continue to increase in Q2-FY25 aswell. Retail transactions witnessed an 11% increase in volume, reaching 2,143 million, while the valueof Retail transactions witnessed an 11% increase in volume, reaching 2,143 million, while the value of transactions increased by 12% to PKR 154 trillion. - Merchant payments through digital means also expanded this quarter. Digital e-commerce transactions increased by 30% in volume to 152 million, amounting PKR 193 billion (↑32%).
- [SECP Strengthens Investor Confidence with New Fund Manager Disclosure Standards](https://businessplus.com.pk/secp-strengthens-investor-confidence-with-new-fund-manager-disclosure-standards/) - The Securities and Exchange Commission of Pakistan (SECP) has issued a circular introducing enhanced disclosure requirements for Fund Manager Reports (FMRs) by Asset Management Companies (AMCs). SECP Strengthens Investor Confidence with New Fund Manager Disclosure Standards The Securities and Exchange Commission of Pakistan (SECP) has issued a circular introducing enhanced disclosure requirements for Fund Manager Reports (FMRs) by Asset Management Companies (AMCs). These initiatives enhance transparency, empowering investors and unitholders of Collective Investment Schemes (CIS) with the insights needed for better-informed decision-making. Key enhancements include disclosure of Actual Expenses as a Key enhancements include disclosure of Actual Expenses as a percentage of net assets, applicable sales loads, monthly Portfolio Turnover Ratios, risk adjusted return, Yield to Maturity, Modified Duration, Macaulay Duration, Beta and Standard Deviation. - This initiative reflects SECP’s continued commitment to improving market integrity, transparency, and investor protection in the asset management industry.
- [Peshawar Zalmi announces EFU General as insurance partner for PSL-10](https://businessplus.com.pk/peshawar-zalmi-announces-efu-general-as-insurance-partner-for-psl-10/) - Peshawar Zalmi, the most iconic franchise in the Pakistan Super League (PSL) has announced its partnership with EFU General as its Official Insurance Partner for PSL Season 10. Peshawar Zalmi announces EFU General as insurance partner for PSL-10 Peshawar Zalmi, the most iconic franchise in the Pakistan Super League (PSL) has announced its partnership with EFU General as its Official Insurance Partner for PSL Season 10. Under this collaboration, the EFU General logo will be prominently displayed on the shirt of Peshawar Zalmi’s official playing kits, marking the beginning of an exciting association Under this collaboration, the EFU General logo will be prominently displayed on the shirt of Peshawar Zalmi’s official playing kits, marking the beginning of an exciting association between two industry leaders. - With PSL 10 on the horizon, this partnership promises exciting initiatives, exclusive fan experiences, and a powerful brand synergy that will leave a lasting impact on cricket fans nationwide.
- [Easypaisa introduces Digital Insurance marketplace, offering free subscription](https://businessplus.com.pk/easypaisa-introduces-digital-insurance-marketplace-offering-free-subscription/) - Easypaisa digital bank has launched its very own digital insurance marketplace, making insurance more accessible, affordable, and convenient for millions of Pakistanis. Easypaisa introduces Digital Insurance marketplace, offering free subscription Easypaisa digital bank has launched its very own digital insurance marketplace, making insurance more accessible, affordable, and convenient for millions of Pakistanis. The platform offers a comprehensive range of coverage for the Pakistani population, including health, life, mobile, income protection, vehicle insurance, domestic & international travel, and doctor consultations being offered through industry leaders in Easypaisa digital bank has launched its very own digital insurance marketplace, making insurance more accessible, affordable, and convenient for millions of Pakistanis. -
- [Discover Eid in Dubai: Everything You Need to Know](https://businessplus.com.pk/discover-eid-in-dubai-everything-you-need-to-know/) - Eid in Dubai is a time of joy, celebration, and togetherness, bringing a unique blend of cultural traditions, vibrant festivities, and thrilling experiences. From prayers at stunning mosques to shopping for festive deals and watching breathtaking fireworks, Dubai offers something special for everyone. Here’s how to make the most of Eid in Dubai. Discover Eid in Dubai: Everything You Need to Know Eid in Dubai is a time of joy, celebration, and togetherness, bringing a unique blend of cultural traditions, vibrant festivities, and thrilling experiences. From prayers at stunning mosques to shopping for festive deals and watching breathtaking fireworks, Dubai offers something special for everyone. Here’s how to make the most of Eid in Dubai. Begin the Eid in Dubai is a time of joy, celebration, and togetherness, bringing a unique blend of cultural traditions, vibrant festivities, and thrilling experiences. - The Dubai Mall, in Downtown Dubai, is a prime destination, offering discounts on high-end brands, jewelry, and homegrown designer collections.
- [IMF, Pakistan reach 1st staff level agreement under EFF](https://businessplus.com.pk/imf-pakistan-reach-1st-staff-level-agreement-under-eff/) - Khurram Schehzad, Advisor to the Finance Minister, shared on X that, upon receiving Board approval, Pakistan will gain access to approximately $1 billion under the Extended Fund Facility (EFF). This will raise the total disbursements under the EFF to nearly $2 billion, marking a substantial financial step towards economic stabilization and progress for the country. IMF, Pakistan reach 1st staff level agreement under EFF The International Monetary Fund (IMF) and Pakistani authorities have successfully reached a staff-level agreement on two critical financial arrangements. The first is the review of Pakistan's 37-month $7 billion Extended Fund Facility (EFF), aimed at supporting economic reforms and stability. The second is a new 28-month $1.3 billion arrangement under the Resilience and Sustainability Facility Khurram Schehzad, Advisor to the Finance Minister, shared on X that, upon receiving Board approval, Pakistan will gain access to approximately $1 billion under the Extended Fund Facility (EFF). - Khurram Schehzad said, Pakistan was making significant strides in economic reforms, focusing on tax equity, monetary stability, energy sector transformation, and climate resilience. Supported by the IMF, these efforts are laying the foundation for a sustainable and prosperous future.
- [Jazz & Mercantile Launch iPhone Trade-In Offer in Pakistan](https://businessplus.com.pk/jazz-mercantile-launch-iphone-trade-in-offer-in-pakistan/) - Jazz, Pakistan’s leading digital conglomerate, in partnership with Mercantile, Apple’s authorized distributor in Pakistan, has introduced the country’s first-ever iPhone Trade-In Program, making the iPhone 16 series more accessible and affordable. Jazz, Mercantile launch Pakistan’s first iPhone trade-in program Jazz, Pakistan’s leading digital conglomerate, in partnership with Mercantile, Apple’s authorized distributor in Pakistan, has introduced the country’s first-ever iPhone Trade-In Program, making the iPhone 16 series more accessible and affordable. Under this exclusive initiative, customers can now trade in their PTA-approved iPhone 11 or newer models and enjoy a special discount on the brand-new Jazz, Pakistan’s leading digital conglomerate, in partnership with Mercantile, Apple’s authorized distributor in Pakistan, has introduced the country’s first-ever iPhone Trade-In Program, making the iPhone 16 series more accessible and affordable. - Under this exclusive initiative, customers can now trade in their PTA-approved iPhone 11 or newer models and enjoy a special discount on the brand-new iPhone 16 series. But that's not all! To make upgrading even more affordable, Jazz and Mercantile are offering an additional subsidy bonus on top of the trade-in value.
- [EcoStar Partners with Lahore Polo Club for the EcoStar Super League 2025](https://businessplus.com.pk/ecostar-partners-with-lahore-polo-club-for-the-ecostar-super-league-2025/) - Ecostar, part of DWP Group being Pakistan’s leading business conglomerate serving since 1999 with an international footprint, and a leading name in consumer electronics, has officially collaborated with the Lahore Polo Club to present the highly anticipated EcoStar Super League 2025. EcoStar Partners with Lahore Polo Club for the EcoStar Super League 2025 Ecostar, part of DWP Group being Pakistan’s leading business conglomerate serving since 1999 with an international footprint, and a leading name in consumer electronics, has officially collaborated with the Lahore Polo Club to present the highly anticipated EcoStar Super League 2025. The prestigious tournament will take place over four weeks, and will feature 10 competitive Ecostar, part of DWP Group being Pakistan’s leading business conglomerate serving since 1999 with an international footprint, and a leading name in consumer electronics, has officially collaborated with the Lahore Polo Club to present the highly anticipated EcoStar Super League 2025. - The EcoStar Super League 2025 is set to be a thrilling competition, featuring back-to-back tournaments spanning four weeks, with two weeks dedicated to each tournament. T
- [Jazz’s Tamasha Breaks Records During ICC Champions Trophy 2025](https://businessplus.com.pk/jazzs-tamasha-breaks-records-during-icc-champions-trophy-2025/) - Tamasha, Pakistan’s leading digital entertainment platform by Jazz, achieved a historic milestone during the ICC Champions Trophy 2025, setting new benchmarks in cricket streaming. With an unprecedented 22.3 million monthly active users (MAUs), it reinforced its position as the premier hub for live sports and premium digital entertainment in the country. Jazz’s Tamasha Breaks Records During ICC Champions Trophy 2025 Tamasha, Pakistan’s leading digital entertainment platform by Jazz, achieved a historic milestone during the ICC Champions Trophy 2025, setting new benchmarks in cricket streaming. With an unprecedented 22.3 million monthly active users (MAUs), it reinforced its position as the premier hub for live sports and premium digital entertainment in the country. Transforming the way Pakistanis Tamasha, Pakistan’s leading digital entertainment platform by Jazz, achieved a historic milestone during the ICC Champions Trophy 2025, setting new benchmarks in cricket streaming. With an unprecedented 22.3 million monthly active users (MAUs), it reinforced its position as the premier hub for live sports and premium digital entertainment in the country. - Transforming the way Pakistanis watched cricket, the platform delivered an immersive and interactive viewing experience. With a peak of 10.1 million daily active users (DAUs), it ensured seamless access to every thrilling moment of the tournament, attracting a highly engaged audience through live chats and gaming features.
- [Emirates supports early education with a donation of 107 ‘Aircrafted KIDS by Emirates’ special edition bags in Lahore](https://businessplus.com.pk/emirates-supports-early-education-with-a-donation-of-107-aircrafted-kids-by-emirates-special-edition-bags-in-lahore/) - Education is one of the greatest engines for societal development, laying a strong foundation for economic empowerment. To support Pakistan’s initiatives of making education accessible to its children, Emirates, the world’s largest international airline, has donated essential supplies and limited-edition, handcrafted backpacks from its ‘Aircrafted by Emirates’ collection to a non-profit organization in Pakistan. Emirates supports early education with a donation of 107 ‘Aircrafted KIDS by Emirates’ special edition bags in Lahore Education is one of the greatest engines for societal development, laying a strong foundation for economic empowerment. To support Pakistan’s initiatives of making education accessible to its children, Emirates, the world’s largest international airline, has donated essential supplies and limited-edition, handcrafted backpacks from its ‘Aircrafted by Emirates’ collection to a non-profit organization in Pakistan. Pakistan To support Pakistan’s initiatives of making education accessible to its children, Emirates, the world’s largest international airline, has donated essential supplies and limited-edition, handcrafted backpacks from its ‘Aircrafted by Emirates’ collection to a non-profit organization in Pakistan. - Emirates provided school and hygiene supplies such as pens, pencils, erasers, calculators, notebooks, sanitizers, soaps, toothpastes and more. The airline also purchased books which blend culturally rich stories with interactive learning opportunities. The books can be swapped and discussed amongst the students, further developing their understanding of the material.
- [PSO Celebrates Ramadan with the SOS Village Family, Spreading Joy and Kindness](https://businessplus.com.pk/pso-celebrates-ramadan-with-the-sos-village-family-spreading-joy-and-kindness/) - Symbolizing the spirit of compassion and generosity, Pakistan State Oil (PSO), the nation's leading energy company, hosted a heart-warming Iftar gathering with SOS Village residents at their vicinity in Karachi. PSO Celebrates Ramadan with the SOS Village Family, Spreading Joy and Kindness Symbolizing the spirit of compassion and generosity, Pakistan State Oil (PSO), the nation's leading energy company, hosted a heart-warming Iftar gathering with SOS Village residents at their vicinity in Karachi. This event marked the commencement of PSO's 'Tohfaa e Ramadan' campaign, a reflection of the company’s commitment to giving back to the community. Last year, This event marked the commencement of PSO's 'Tohfaa e Ramadan' campaign, a reflection of the company’s commitment to giving back to the community. - It was an evening of warmth and connection as PSO employees and senior management joined the children and families of SOS Village to break their fast together.
- [ConnectHear Launches AI-Powered Disaster Preparedness Initiative for Pakistan's Deaf Community at Access.Ability.Tech. Event](https://businessplus.com.pk/connecthear-launches-ai-powered-disaster-preparedness-initiative-for-pakistans-deaf-community-at-access-ability-tech-event/) - ConnectHear, South Asia's leading assistive technology startup, renowned for its innovative use of AI and optimization in accessibility solutions, officially launched its groundbreaking ‘AI for Inclusive Disaster Response’ project today at its Access.Ability.Tech. event, held in Karachi. The initiative, supported by the GSMA Innovation Fund for Humanitarian Challenges and in partnership with HANDS and Ufone 4G, leverages ConnectHear's cutting-edge AI technology and virtual interpretation platform to ensure Pakistan's Deaf community has access to life-saving information and communication during emergencies. ConnectHear Launches AI-Powered Disaster Preparedness Initiative for Pakistan's Deaf Community at Access.Ability.Tech. Event ConnectHear, South Asia's leading assistive technology startup, renowned for its innovative use of AI and optimization in accessibility solutions, officially launched its groundbreaking ‘AI for Inclusive Disaster Response’ project today at its Access.Ability.Tech. event, held in Karachi. The initiative, supported by the GSMA Innovation Fund for Humanitarian Challenges and in partnership with HANDS and Ufone The initiative, supported by the GSMA Innovation Fund for Humanitarian Challenges and in partnership with HANDS and Ufone 4G, leverages ConnectHear's cutting-edge AI technology and virtual interpretation platform to ensure Pakistan's Deaf community has access to life-saving information and communication during emergencies. - Pakistan, amongst the ten countries most affected by climate-related disasters, faces significant challenges in ensuring timely communication during emergencies, particularly for its over 10 million citizens with hearing impairment.
- [BYD Super e-Platform opens era of ‘fuel and electricity at the same speed’ with Megawatt flash charging](https://businessplus.com.pk/byd-super-e-platform-opens-era-of-fuel-and-electricity-at-the-same-speed-with-megawatt-flash-charging/) - The architecture features a single power-motor output of 580kW, delivering a top speed in its two initial models, the China-market HAN L and TANG L, of more than 300 km/h. This high top speed and rapid acceleration are achieved through a new motor that’s capable of running at up to 30,000rpm – another new mass-production benchmark. BYD Super e-Platform opens era of ‘fuel and electricity at the same speed’ with Megawatt flash charging ● Latest tech breakthrough can add two kilometres of range per second● 1,000V vehicle architecture matches refill speeds of gasoline cars● Self-developed BYD charging stations with maximum output of 1,360kW BYD, the world’s leading manufacturer of new-energy vehicles, has unveiled a revolutionary new electric-vehicle platform that promises to end charging anxiety by matching the refuelling The platform achieves a charging power of one megawatt (1,000kW), the highest peak charging speed for mass-production vehicles. - The architecture features a single power-motor output of 580kW, delivering a top speed in its two initial models, the China-market HAN L and TANG L, of more than 300 km/h.
- [Jazz Boosts Pakistan’s Digital and Financial Growth with Rs.53.9 Billion Investment in 2024](https://businessplus.com.pk/jazz-boosts-pakistans-digital-and-financial-growth-with-rs-53-9-billion-investment-in-2024/) - Jazz is at the forefront of Pakistan’s digital transformation, accelerating its shift to a digital-first ServiceCo while fueling financial inclusion and digital adoption at scale. With a record Rs. 53.9 billion investment in 2024, a 46.2% year-on-year (YoY) increase Jazz is redefining how Pakistanis connect, transact, and engage in an increasingly digital economy. Jazz Boosts Pakistan’s Digital and Financial Growth with Rs.53.9 Billion Investment in 2024 Jazz is at the forefront of Pakistan’s digital transformation, accelerating its shift to a digital-first ServiceCo while fueling financial inclusion and digital adoption at scale. With a record Rs. 53.9 billion investment in 2024, a 46.2% year-on-year (YoY) increase Jazz is redefining how Pakistanis connect, transact, and engage in an increasingly digital economy. In 4Q24, In 4Q24, Jazz recorded 16.6% YoY revenue growth, driven by a 53.1% surge in digital revenues, reflecting the strong performance of fintech, entertainment, and enterprise solutions. - The DO1440 strategy continues to gain traction, with 4G users up 15.3% YoY to 50.6 million, 4G penetration climbing to 70.7%, and multiplay customers increasing 24.6% YoY, reinforcing Jazz’s expanding digital ecosystem.
- [Tetra Pak extends its nutrition partnership with Islamabad United for PSL Season 10](https://businessplus.com.pk/tetra-pak-extends-its-nutrition-partnership-with-islamabad-united-for-psl-season-10/) - Through this continued alliance, Tetra Pak aims to promote the importance of safe and healthy packaged milk in maintaining an active lifestyle. Islamabad United players will benefit from the high-quality nutrition provided by packaged milk, aiding in muscle recovery and overall fitness during the intense PSL season 10. Tetra Pak extends its nutrition partnership with Islamabad United for PSL Season 10 Tetra Pak Pakistan has extended its official nutrition partnership with Islamabad United for the upcoming Pakistan Super League (PSL) Season 10. This marks the seventh consecutive year of this successful collaboration. The agreement signing ceremony was held at Tetra Pak's head office in Lahore, where Mr. Awais Bin Nasim, Managing Director of Tetra Pak Pakistan, Through this continued alliance, Tetra Pak aims to promote the importance of safe and healthy packaged milk in maintaining an active lifestyle. - Islamabad United players will benefit from the high-quality nutrition provided by packaged milk, aiding in muscle recovery and overall fitness during the intense PSL season 10.
- [PDA Delegation Highlights Dairy Challenges in Talks with Haroon Akhtar](https://businessplus.com.pk/pda-delegation-highlights-dairy-challenges-in-talks-with-haroon-akhtar/) - Special Assistant to the Prime Minister (SAPM) Haroon Akhtar Khan held a meeting with a delegation from the Pakistan Dairy Association (PDA) to discuss the challenges facing the dairy sector and explore possible solutions. PDA Delegation Highlights Dairy Challenges in Talks with Haroon Akhtar Special Assistant to the Prime Minister (SAPM) Haroon Akhtar Khan held a meeting with a delegation from the Pakistan Dairy Association (PDA) to discuss the challenges facing the dairy sector and explore possible solutions. During the meeting, Haroon Akhtar emphasized Pakistan's prominent standing as one of the largest milk-producing nations globally, with an impressive annual One of the key topics of discussion was the impact of the 18% General Sales Tax (GST) on packaged milk. He said this tax has led to an increase in milk prices, affecting both producers and consumers. - The PDA urged the government to reconsider the taxation policy on packaged milk, advocating for a reduction in GST to ensure a steady supply of milk at affordable prices for consumers while supporting the dairy sector.
- [A guide to Dubai’s Ramadan markets and souks](https://businessplus.com.pk/a-guide-to-dubais-ramadan-markets-and-souks/) - Ramadan in Dubai isn’t just about epic iftars and suhoors—it’s a whole vibe! Think buzzing souks, vibrant community markets, and late-night food festivals that bring the city to life. A guide to Dubai’s Ramadan markets and souks Ramadan in Dubai isn’t just about epic iftars and suhoors—it’s a whole vibe! Think buzzing souks, vibrant community markets, and late-night food festivals that bring the city to life. From strolling through spice-scented alleys to discovering hidden gems in traditional bazaars, there’s no shortage of places to soak in the festive spirit. Whether you're shopping Ramadan markets turn the city into a buzzing hub of food, culture, and shopping! This year, the brand-new Ramadan at the Park debuts at Zabeel Park Amphitheatre, perfectly in line with the UAE’s Year of Community 2025. - Ramadan Wonders at Global Village is the ultimate festive shopping and foodie experience. With 30 pavilions, 3,500+ outlets, and traditions from 90+ cultures, it’s a cultural feast like no other.
- [RDA Inflows Soar to $9.768 Billion Mark in February 2025](https://businessplus.com.pk/rda-inflows-soar-to-9-768-billion-mark-in-february-2025/) - The inflow of remittances under Roshan Digital Account (RDA) has risen to US $9.768 billion by the end of February 2025 as compared to US $9.564 billion by January (2025) end. RDA Inflows Soar to $9.768 Billion Mark in February 2025 The inflow of remittances under Roshan Digital Account (RDA) has risen to US $9.768 billion by the end of February 2025 as compared to US $9.564 billion by January (2025) end. The data showed that the inflows of remittances during February were recorded at US$ 204 million as compared to US$ 222 million in January The data showed that the inflows of remittances during February were recorded at US$ 204 million as compared to US$ 222 million in January and US$ 203 million in December 2024. - According to the data, almost 797,350 accounts registered under the programme by the end of February 2025.
- [Halal Investments Made Easy: JazzCash Launches Salaam Investments](https://businessplus.com.pk/halal-investments-made-easy-jazzcash-launches-salaam-investments/) - JazzCash, in collaboration with Salaam Family Takaful Limited, has introduced Salaam Investments, a Shariah-compliant investment solution enabling its 13 million monthly active app users to invest and earn profits. This collaboration offers JazzCash customers a seamless way to build their finances through Shariah-based investment portfolios. Users can easily set financial goals, receive daily profit disbursements Halal Investments Made Easy: JazzCash Launches Salaam Investments JazzCash, in collaboration with Salaam Family Takaful Limited, has introduced Salaam Investments, a Shariah-compliant investment solution enabling its 13 million monthly active app users to invest and earn profits. This collaboration offers JazzCash customers a seamless way to build their finances through Shariah-based investment portfolios. Users can easily set financial goals, receive daily profit disbursements JazzCash, in collaboration with Salaam Family Takaful Limited, has introduced Salaam Investments, a Shariah-compliant investment solution enabling its 13 million monthly active app users to invest and earn profits.
- [Game-Changer: BYD's New Battery Charges EVs in 5 Minutes, Surpassing Tesla](https://businessplus.com.pk/game-changer-byds-new-battery-charges-evs-in-5-minutes-surpassing-tesla/) - BYD has introduced a revolutionary charging system for electric vehicles, claiming it can recharge cars nearly as quickly as refueling a traditional gasoline vehicle. Game-Changer: BYD's New Battery Charges EVs in 5 Minutes, Surpassing Tesla The manufacturer is set to launch vehicles equipped with the groundbreaking new technology next month BYD has introduced a revolutionary charging system for electric vehicles, claiming it can recharge cars nearly as quickly as refueling a traditional gasoline vehicle. BYD’s new battery and charging system was capable of providing 470 kilometres of range in five The manufacturer is set to launch vehicles equipped with the groundbreaking new technology next month - BYD’s new battery and charging system was capable of providing 470 kilometres of range in five minutes in tests on its new Han L sedan, chairman and founder Wang Chuanfu said on Monday (Mar 17).
- [Textile exports surge by 9.3% in 8 months](https://businessplus.com.pk/textile-exports-surge-by-9-3-in-8-months/) - Pakistan's textile exports experienced a notable growth of 9.31% during the first eight months of the current financial year (July-February), as reported by the Pakistan Bureau of Statistics (PBS) on Monday. Textile exports surge by 9.3% in 8 months Pakistan's textile exports experienced a notable growth of 9.31% during the first eight months of the current financial year (July-February), as reported by the Pakistan Bureau of Statistics (PBS) on Monday. Pakistan's textile exports reached an impressive $12,183.729 million during the July-February period of the financial year 2024-25. This marks a significant increase from the Pakistan's textile exports reached an impressive $12,183.729 million during the July-February period of the financial year 2024-25. - The textile commodities that contributed in trade growth included cotton cloth the export of which increased by 1.48 percent to $ 1,278.484 million from $ 1,259.896 million while the export of knitwear surged by 17.08 percent to $ 3,399.483 million from $ 2,903.539 million.
- [Glacial Melting: A threat to our habitat, ecosystem](https://businessplus.com.pk/glacial-melting-a-threat-to-our-habitat-ecosystem/) - Often referred to as “Third Pole,” the glaciers of Gilgit-Baltistan, are the most stunning natural wonders of Pakistan. These icy giants feed Indus River and its tributaries, serve as a source of freshwater for millions and a critical component of region’s delicate ecosystem. Glacial Melting: A threat to our habitat, ecosystem Often referred to as “Third Pole,” the glaciers of Gilgit-Baltistan, are the most stunning natural wonders of Pakistan. These icy giants feed Indus River and its tributaries, serve as a source of freshwater for millions and a critical component of region’s delicate ecosystem. However, the accelerating pace of glacial melting due to climate change is According to Intergovernmental Panel on Climate Change (IPCC), the Himalayan region, including Gilgit-Baltistan, is warming at a rate faster than global average, leading to accelerated glacial retreat, with some glaciers losing up to 5 meters of thickness annually. - Gilgit-Baltistan is home to diverse flora and fauna, much of whom is adapted to cold, high-altitude environment and glaciers retreat would extinct these species.
- [Trump administration mulls new travel ban that could affect 43 nations, including Pakistan: NYT](https://businessplus.com.pk/trump-administration-mulls-new-travel-ban-that-could-affect-43-nations-including-pakistan-nyt/) - US President Donald Trump‘s administration is mulling a new travel ban that is expected to affect citizens from dozens of countries, including Pakistan, to varying degrees, according to a report in The New York Times. Trump administration mulls new travel ban that could affect 43 nations, including Pakistan: NYT US President Donald Trump‘s administration is mulling a new travel ban that is expected to affect citizens from dozens of countries, including Pakistan, to varying degrees, according to a report in The New York Times. The report said the US government’s draft list featured 43 countries, divided into three categories of travel restrictions. The first US President Donald Trump‘s administration is mulling a new travel ban that is expected to affect citizens from dozens of countries, including Pakistan, to varying degrees, according to a report in The New York Times. - In the third group, a total of 26 countries including Pakistan, Belarus and Turkmenistan, among others, would be considered for a partial suspension of US visa issuance if their governments “do not make efforts to address deficiencies within 60 days”, the memo said.
- [Fatima Fertilizer collaborates with Atif Aslam for a soulful Ramzan rendition "Faslon Ko Takalluf"](https://businessplus.com.pk/fatima-fertilizer-collaborates-with-atif-aslam-for-a-soulful-ramzan-rendition-faslon-ko-takalluf/) - Fatima Fertilizer joins hands with Atif Aslam to present a heartfelt rendition of the classic masterpiece Faslon Ko Takalluf. Fatima Fertilizer collaborates with Atif Aslam for a soulful Ramzan rendition "Faslon Ko Takalluf" Fatima Fertilizer joins hands with Atif Aslam to present a heartfelt rendition of the classic masterpiece Faslon Ko Takalluf. This special collaboration aims to bring people together in faith and reflection during the sacred month, fostering a spirit of love, devotion, and spiritual connection. The rendition, a beautiful Urdu naat, is chanted with deep love This special collaboration aims to bring people together in faith and reflection during the sacred month, fostering a spirit of love, devotion, and spiritual connection. - Through such initiatives, the company aims to celebrate the shared values of faith, humility, and appreciation for those who contribute to the nation’s prosperity.
- [Punjab Government honors Fatima Fertilizer’s Rabel Sadozai with ‘Punjab Ki Beti’ Award](https://businessplus.com.pk/punjab-government-honors-fatima-fertilizers-rabel-sadozai-with-punjab-ki-beti-award/) - Rabel Sadozai, Director Marketing and Sales at Fatima Fertilizer, was recently honored with the prestigious ‘Punjab Ki Beti’ Award in the Agriculture Category, presented by the Senior Minister, Marriyum Aurangzeb, on behalf of the Women Development Department and Government of Punjab. Punjab Government honors Fatima Fertilizer’s Rabel Sadozai with ‘Punjab Ki Beti’ Award on International Women’s Day Rabel Sadozai, Director Marketing and Sales at Fatima Fertilizer, was recently honored with the prestigious ‘Punjab Ki Beti’ Award in the Agriculture Category, presented by the Senior Minister, Marriyum Aurangzeb, on behalf of the Women Development Department and Government of Punjab. The award was conferred upon Ms Sadozai in recognition of her exceptional contributions and The award was conferred upon Ms Sadozai in recognition of her exceptional contributions and performance as an industry leader. - This recognition also showcases Fatima Fertilizer’s dedication to promoting gender inclusivity in agriculture through its Mitti Ki Beti campaign, launched on International Women’s Day to honor the resilience and strength of women in the Agriculture value chain.
- [SECP Empowers Life Insurance Savings with Tech-Driven Distribution Channels](https://businessplus.com.pk/secp-empowers-life-insurance-savings-with-tech-driven-distribution-channels/) - The Securities and Exchange Commission of Pakistan (SECP) has issued the Directive for the Sale of Life Insurance Savings Products through Technology-Based Distribution Channels, 2025, aimed at fostering a flexible and enabling environment for the digital distribution of life insurance savings products. SECP facilitates sale of life insurance Savings Products via technology-based distribution Channels The Securities and Exchange Commission of Pakistan (SECP) has issued the Directive for the Sale of Life Insurance Savings Products through Technology-Based Distribution Channels, 2025, aimed at fostering a flexible and enabling environment for the digital distribution of life insurance savings products. The directive introduces rationalized onboarding requirements to facilitate distribution while ensuring enhanced value The directive introduces rationalized onboarding requirements to facilitate distribution while ensuring enhanced value for policyholders. - By easing customer onboarding processes, the directive is expected to boost insurance penetration across the country and contribute to the growth of the insurance sector.
- [DWP Sets New Benchmark in Customer Support with Innovative Service Expansion Customer-First Approach](https://businessplus.com.pk/dwp-sets-new-benchmark-in-customer-support-with-innovative-service-expansion-customer-first-approach/) - DWP is redefining customer support standards through a comprehensive transformation of its consumer service network, staying true to its customer service department’s tagline, “Your Comfort, Our Care.” DWP Sets New Benchmark in Customer Support with Innovative Service Expansion Customer-First Approach: DWP Transforms Service Landscape DWP is redefining customer support standards through a comprehensive transformation of its consumer service network, staying true to its customer service department’s tagline, “Your Comfort, Our Care.” This initiative demonstrates an unparalleled commitment to a customer-first approach aimed at enhancing convenience and satisfaction at every touchpoint. At its Annual Managers Conference 2025, the company unveiled The company's bold vision is encapsulated in the theme "Change Beyond Excellence," a tangible commitment to revolutionizing customer support. - The expansion is not just about numbers, but about quality and accessibility. By increasing its service centers and workforce, DWP is bringing high-quality support closer to customers.
- [Visa cardholders can now add their cards to Google Wallet in Pakistan          ](https://businessplus.com.pk/visa-cardholders-can-now-add-their-cards-to-google-wallet-in-pakistan/) - Visa (NYSE: V), a global leader in digital payments, has announced that cardholders in Pakistan can now add their Visa cards to Google Wallet. Visa cardholders can now add their cards to Google Wallet in Pakistan Visa (NYSE: V), a global leader in digital payments, has announced that cardholders in Pakistan can now add their Visa cards to Google Wallet. The announcement was made yesterday at a market wide event hosted by Visa, attended by senior members of the Pakistani financial industry. Starting today, Visa cardholders of HBL, Bank Alfalah, UBL, Visa cardholders of HBL, Bank Alfalah, UBL, and Meezan Bank can add their Visa cards to their Google Wallet on Android and Wear OS devices, allowing payments to be made wherever contactless options are accepted. JS Bank, Allied Bank, Zindigi, and Easypaisa will be available soon. - This integration supports the growing demand for digital payment options in Pakistan, offering locals and tourists like with the convenience of using their mobile phones for contactless payments.
- [Pakistan, Oman explore Collaborative initiatives in Agriculture, food Security](https://businessplus.com.pk/pakistan-oman-explore-collaborative-initiatives-in-agriculture-food-security/) - Federal Minister for Commerce, Jam Kamal Khan, held a pivotal visit to the Ministry of Agriculture in Muscat, marking a key step toward bolstering bilateral cooperation in agriculture and ensuring greater food security for both nations. Pakistan, Oman explore Collaborative initiatives in Agriculture, food Security Federal Minister for Commerce, Jam Kamal Khan, held a pivotal visit to the Ministry of Agriculture in Muscat, marking a key step toward bolstering bilateral cooperation in agriculture and ensuring greater food security for both nations. During the discussions, Jam Kamal Khan underscored Pakistan's vast agricultural potential and provided an insightful overview of the nation's Federal Minister for Commerce, Jam Kamal Khan, held a pivotal visit to the Ministry of Agriculture in Muscat, marking a key step toward bolstering bilateral cooperation in agriculture and ensuring greater food security for both nations. - He underscored the importance of leveraging Pakistan’s agricultural prowess to fortify Oman’s food supply and ensure long-term sustainability.
- [Google Wallet now available for Meezan Bank customers in Pakistan](https://businessplus.com.pk/google-wallet-now-available-for-meezan-bank-customers-in-pakistan/) - Starting today, cardholders of Meezan Bank can add their debit cards to Google Wallet, enhancing the digital payments landscape in the country. This will enable Meezan Bank customers to make secure, contactless payments seamlessly using their Android smartphones and Wear OS devices. Google Wallet now available for Meezan Bank customers in Pakistan Starting today, cardholders of Meezan Bank can add their debit cards to Google Wallet, enhancing the digital payments landscape in the country. This will enable Meezan Bank customers to make secure, contactless payments seamlessly using their Android smartphones and Wear OS devices. This milestone marks a significant step in Pakistan’s digital banking evolution, offering customers Starting today, cardholders of Meezan Bank can add their debit cards to Google Wallet, enhancing the digital payments landscape in the country. This will enable Meezan Bank customers to make secure, contactless payments seamlessly using their Android smartphones and Wear OS devices. - Meezan Bank customers will also be able to link their Meezan Visa and Mastercard Debit Cards to the Google Wallet App, allowing them to make in-store, online, and in-app transactions effortlessly. The service eliminates the need for carrying physical cards, offering a more polished and feature-rich user experience, including peer-to-peer payments, bill payments, in-app payments, and contactless payments, with real-time transaction tracking.
- [Denmark's $2 Billion Investment to Drive Pakistan's Maritime Sector](https://businessplus.com.pk/denmarks-2-billion-investment-to-drive-pakistans-maritime-sector/) - Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry held a high-level meeting with the Ambassador of Denmark to Pakistan, Jacob Linulf, to review the progress of Danish investment in Pakistan’s maritime sector and explore avenues for further collaboration. Denmark's $2 Billion Investment to Drive Pakistan's Maritime Sector Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry held a high-level meeting with the Ambassador of Denmark to Pakistan, Jacob Linulf, to review the progress of Danish investment in Pakistan’s maritime sector and explore avenues for further collaboration. During the meeting, Pakistan and Denmark deliberated on the execution of the $2 billion investment plan The investment aims to modernize Pakistan’s maritime infrastructure, enhance port efficiency, and promote sustainable practices in the shipping and logistics sector. - The meeting concluded on a positive note, with both sides agreeing to accelerate the implementation of the MoU and explore further opportunities for collaboration in trade, investment, and cultural exchange, strengthening the longstanding friendship between Pakistan and Denmark.
- [Strong Surge in Car Industry: Sales Up by 44.62%, Production Rises by 41.62% in Eight-Month Span](https://businessplus.com.pk/strong-surge-in-car-industry-sales-up-by-44-62-production-rises-by-41-62-in-eight-month-span/) - During the first eight months of the current fiscal year 2024-25, the country experienced a significant surge in its automobile sector. Car sales soared by 44.62%, while production saw a substantial increase of 41.62% compared to the corresponding period of the previous year. Strong Surge in Car Industry: Sales Up by 44.62%, Production Rises by 41.62% in Eight-Month Span During the first eight months of the current fiscal year 2024-25, the country experienced a significant surge in its automobile sector. Car sales soared by 44.62%, while production saw a substantial increase of 41.62% compared to the corresponding period of the previous year. During the period from July to February of the fiscal year 2024-25, Among the various car brands, Honda saw a remarkable 63.05% increase in sales, rising from 6,520 units last year to 10,265 units this year. - Toyota Corolla and Toyota Yaris experienced impressive growth, with sales increasing by 58.74%, from 9,183 units to 13,602 units.
- [Aurangzeb Pledges Government's Strong Support for Insurance Sector Growth](https://businessplus.com.pk/aurangzeb-pledges-governments-strong-support-for-insurance-sector-growth/) - Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, reaffirmed the government's unwavering commitment to bolstering the insurance sector, acknowledging its significant potential to attract substantial private sector investment. Aurangzeb Pledges Government's Strong Support for Insurance Sector Growth Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, reaffirmed the government's unwavering commitment to bolstering the insurance sector, acknowledging its significant potential to attract substantial private sector investment. During a meeting with a delegation of chief executive officers from Pakistan's top insurance companies, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, emphasized the The discussion focused on the growth of the insurance sector and its contributions to the national economy, with a particular emphasis on its impact on the health system, investments in Pakistan Investment Bonds (PIBs), capital markets, and long-term investment opportunities. - The minister assured the delegation that the government would continue to work closely with industry leaders and stakeholders to ensure the long-term prosperity of the insurance sector, which is a vital component of Pakistan’s economic landscape.
- [State Bank of Pakistan Keeps Interest Rate Unchanged at 12%](https://businessplus.com.pk/state-bank-of-pakistan-keeps-interest-rate-unchanged-at-12/) - The State Bank of Pakistan (SBP) announced on Monday that it has decided to keep the policy rate steady at 12%, citing inflationary trends and the external account's position as key considerations in its decision-making process. State Bank of Pakistan Keeps Interest Rate Unchanged at 12% The State Bank of Pakistan (SBP) announced on Monday that it has decided to keep the policy rate steady at 12%, citing inflationary trends and the external account's position as key considerations in its decision-making process. The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) highlighted in its monetary policy statement that The State Bank of Pakistan (SBP) announced on Monday that it has decided to keep the policy rate steady at 12%, citing inflationary trends and the external account's position as key considerations in its decision-making process. - The Monetary Policy Committee (MPC) observed that inflation expectations among consumers and businesses present a mixed picture. Additionally, the latest high-frequency economic indicators suggest that economic activity continues to strengthen. However, the MPC highlighted emerging pressures on the external account, driven by rising imports and subdued financial inflows.
- [Mobilink Bank's WIN Incubator empowers 13 women-led startups for business success](https://businessplus.com.pk/mobilink-banks-win-incubator-empowers-13-women-led-startups-for-business-success/) - Pakistan's leading digital microfinance bank, Mobilink Bank, has successfully graduated 13 women-led enterprises from its 'Women Inspirational Network (WIN) Incubator Program' after equipping them with essential skills, financial literacy, and digital tools to upscale their startup, build business resilience, and foster sustainable growth. Mobilink Bank's WIN Incubator empowers 13 women-led startups for business success Pakistan's leading digital microfinance bank, Mobilink Bank, has successfully graduated 13 women-led enterprises from its 'Women Inspirational Network (WIN) Incubator Program' after equipping them with essential skills, financial literacy, and digital tools to upscale their startup, build business resilience, and foster sustainable growth. A vibrant graduation ceremony was held in Islamabad on International Women's Day Pakistan's leading digital microfinance bank, Mobilink Bank, has successfully graduated 13 women-led enterprises from its 'Women Inspirational Network (WIN) Incubator Program' after equipping them with essential skills, financial literacy, and digital tools to upscale their startup, build business resilience, and foster sustainable growth. - While the program itself was a huge success, the bank took the opportunity to announce the high-achieving startups. Ecobricks received the Best Startup Award and a prize of PKR 1 million, while Recycle Bin and EcoGrow were each awarded PKR 500,000 as winners of the Innovation Challenge.
- [Interest Rates Set to Decline Further as Inflation Continues to Fall](https://businessplus.com.pk/interest-rates-set-to-decline-further-as-inflation-continues-to-fall/) - The State Bank of Pakistan (SBP) is expected to reduce its key interest rate by up to 50 basis points (bps) in its upcoming Monetary Policy Committee (MPC) meeting on Monday, marking its seventh consecutive cut as inflation continues to decline. Interest Rates Set to Decline Further as Inflation Continues to Fall The State Bank of Pakistan (SBP) is expected to reduce its key interest rate by up to 50 basis points (bps) in its upcoming Monetary Policy Committee (MPC) meeting on Monday, marking its seventh consecutive cut as inflation continues to decline. Since June 2024, the central bank has slashed the interest rate by a total The State Bank of Pakistan (SBP) is expected to reduce its key interest rate by up to 50 basis points (bps) in its upcoming Monetary Policy Committee (MPC) meeting on Monday. - Pakistan’s headline inflation fell to 1.5% year-on-year in February 2025, down from 2.4% in January, according to the Pakistan Bureau of Statistics (PBS). This marks the lowest inflation reading since September 2015.
- [Matco Foods signs financing agreement with Bank Alfalah](https://businessplus.com.pk/matco-foods-signs-financing-agreement-with-bank-alfalah/) - Matco Foods Limited has announced a major financial milestone, securing a three-year financing agreement worth Rs750 million with Bank Alfalah.
- [Matco Foods signs financing agreement with Bank Alfalah](https://businessplus.com.pk/matco-foods-signs-financing-agreement-with-bank-alfalah/) - Matco Foods Limited has announced a major financial milestone, securing a three-year financing agreement worth Rs750 million with Bank Alfalah.
- [Spotify Pakistan Celebrates International Women’s Day](https://businessplus.com.pk/spotify-pakistan-celebrates-international-womens-day/) - This International Women’s Day, Spotify celebrates the remarkable growth and impact of women artists in Pakistan’s music industry, showcasing a fresh trend that not only promotes women voices locally but also takes them global. With a 28% increase in streams of women artists by listeners in Pakistan over the past year, the growing prominence of female musicians in the country reflects the spirit of Women’s Day, resonating through music. Spotify Pakistan Celebrates International Women’s Day This International Women’s Day, Spotify celebrates the remarkable growth and impact of women artists in Pakistan’s music industry, showcasing a fresh trend that not only promotes women voices locally but also takes them global. With a 28% increase in streams of women artists by listeners in Pakistan over the past year, the growing prominence of Among the top Pakistani women artists in 2024 are Annural Khalid, Nehaal Naseem, and Quratulain Balouch, all of whom continue to captivate audiences with their amazing tracks and rich voices. - Nehaal Naseem, another Fresh Finds alum, went on to become an EQUAL Pakistan ambassador. Her song “Sadqay” ranked among the top five Pakistani tracks on Spotify Wrapped 2024, and since joining EQUAL in January 2024 she has experienced an impressive growth of more than 450%.
- [Mobilink Bank wins prestigious GLOMO Award for ‘The Invisible Heirs’ Campaign](https://businessplus.com.pk/mobilink-bank-wins-prestigious-glomo-award-for-the-invisible-heirs-campaign/) - Pakistan’s leading digital microfinance institution, Mobilink Bank, has solidified its standing as a trailblazer in women’s financial inclusion and economic empowerment by winning the ‘CMO Marketing Campaign’ Award at the GSMA Global Mobile (GLOMO) Awards during Mobile World Congress 2025. Mobilink Bank wins prestigious GLOMO Award for ‘The Invisible Heirs’ Campaign Pakistan’s leading digital microfinance institution, Mobilink Bank, has solidified its standing as a trailblazer in women’s financial inclusion and economic empowerment by winning the ‘CMO Marketing Campaign’ Award at the GSMA Global Mobile (GLOMO) Awards during Mobile World Congress 2025. The award recognizes Mobilink Bank’s groundbreaking campaign – The Invisible Heirs, which addresses the systemic The award recognizes Mobilink Bank’s groundbreaking campaign – The Invisible Heirs, which addresses the systemic denial of women’s inheritance rights in Pakistan and empowers them with innovative tools to claim what is lawfully theirs. - This marks a historic milestone as Pakistan’s first-ever win in the prestigious GLOMO Awards under the CMO Marketing Campaign category.
- [Jazz and Huawei Join Forces to Solarize 1,000 Telecom Sites Across Pakistan](https://businessplus.com.pk/jazz-and-huawei-join-forces-to-solarize-1000-telecom-sites-across-pakistan/) - Jazz, Pakistan’s leading digital conglomerate, has partnered with Huawei to deploy solar power at 1,000 telecom sites nationwide. Jazz and Huawei Join Forces to Solarize 1,000 Telecom Sites Across Pakistan Jazz, Pakistan’s leading digital conglomerate, has partnered with Huawei to deploy solar power at 1,000 telecom sites nationwide. This initiative, powered by Huawei’s iSolar technology, will significantly enhance Jazz’s transition to a sustainable telecom network by integrating renewable energy solutions. The solarization of these sites, expected to be completed in the coming months, will generate The solarization of these sites, expected to be completed in the coming months, will generate approximately 15,000 MWh of green energy annually. - This initiative, powered by Huawei’s iSolar technology, will significantly enhance Jazz’s transition to a sustainable telecom network by integrating renewable energy solutions.
- [Pakistan Crypto Council Names Bilal Bin Saqib as Chief Advisor](https://businessplus.com.pk/pakistan-crypto-council-names-bilal-bin-saqib-as-chief-advisor/) - In a strategic move to underscore Pakistan's dedication to technological advancement, the Government has appointed Bilal Bin Saqib MBE as the Chief Advisor to the Finance Minister on the Pakistan Crypto Council. Pakistan Crypto Council Names Bilal Bin Saqib as Chief Advisor In a strategic move to underscore Pakistan's dedication to technological advancement, the Government has appointed Bilal Bin Saqib MBE as the Chief Advisor to the Finance Minister on the Pakistan Crypto Council. This appointment aims to solidify sound policy measures that not only support the national economy and digital transformation but also ensure a secure In a strategic move to underscore Pakistan's dedication to technological advancement, the Government has appointed Bilal Bin Saqib MBE as the Chief Advisor to the Finance Minister on the Pakistan Crypto Council. - Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb welcomed the appointment of Bilal Bin Saqib and the crucial role his vast expertise and innovative vision was likely to play in guiding Pakistan’s position in the rapidly evolving digital economy.
- [PTCL brings Africa-1 submarine cable to Pakistan, boosting country’s digital future](https://businessplus.com.pk/ptcl-brings-africa-1-submarine-cable-to-pakistan-boosting-countrys-digital-future/) - The ultra-high capacity, Africa-1 submarine cable has successfully made its landfall at Pakistan Telecommunication Company Limited’s (PTCL) landing site at Sea View Beach, Karachi. It marks a transformative step in enhancing Pakistan’s digital connectivity. PTCL brings Africa-1 submarine cable to Pakistan, boosting country’s digital future The ultra-high capacity, Africa-1 submarine cable has successfully made its landfall at Pakistan Telecommunication Company Limited’s (PTCL) landing site at Sea View Beach, Karachi. It marks a transformative step in enhancing Pakistan’s digital connectivity. This milestone follows Pakistan Telecommunication Company Limited’s (PTCL) official agreement to join the Africa-1 cable system consortium, highlighting its mission to The ultra-high capacity, Africa-1 submarine cable has successfully made its landfall at Pakistan Telecommunication Company Limited’s (PTCL) landing site at Sea View Beach, Karachi. - This milestone follows Pakistan Telecommunication Company Limited’s (PTCL) official agreement to join the Africa-1 cable system consortium, highlighting its mission to integrate Pakistan with key global digital hubs, and reinforce the national telecommunication infrastructure.
- [Fatima Fertilizer holds Sarsabz Kissan convention to boost the productivity of early cotton and spring maize crops](https://businessplus.com.pk/fatima-fertilizer-holds-sarsabz-kissan-convention-to-boost-the-productivity-of-early-cotton-and-spring-maize-crops/) - Fatima Fertilizer, in collaboration with the Agriculture Department Punjab organized the Sarsabz Kissan Convention at Sahiwal to support farmers in enhancing maize and cotton productivity. The event was graced by Syed Ashiq Hussain Kirmani, Provincial Minister for Agriculture, Punjab, as the chief guest. Fatima Fertilizer holds Sarsabz Kissan convention to boost the productivity of early cotton and spring maize crops Fatima Fertilizer, in collaboration with the Agriculture Department Punjab organized the Sarsabz Kissan Convention at Sahiwal to support farmers in enhancing maize and cotton productivity. The event was graced by Syed Ashiq Hussain Kirmani, Provincial Minister for Agriculture, Punjab, as the chief guest. The convention focused on educating farmers about the balanced use of fertilizers, The convention focused on educating farmers about the balanced use of fertilizers, particularly Fatima Fertilizer’s specialized products, Sarsabz Nitrophos and Sarsabz CAN, which play a crucial role in improving soil fertility and increasing crop yield. - Fatima Fertilizer is dedicated to empowering farmers with innovative and sustainable farming solutions. The early production of cotton is critical for strengthening Pakistan’s economy, particularly the textile sector, while enhanced maize production supports food security and livestock development.
- [Fatima Fertilizer wins two prestigious awards at the 14th Annual Corporate Social Responsibility Awards](https://businessplus.com.pk/fatima-fertilizer-wins-two-prestigious-awards-at-the-14th-annual-corporate-social-responsibility-awards/) - Fatima Fertilizer has been honored with two prestigious accolades at the 14th Annual Corporate Social Responsibility (CSR) Awards 2025, recognizing its unwavering commitment to sustainability and corporate social responsibility. The company was awarded the Corporate Non-Profit Partnership and SDG Pioneer Award. Fatima Fertilizer wins two prestigious awards at the 14th Annual Corporate Social Responsibility Awards Fatima Fertilizer has been honored with two prestigious accolades at the 14th Annual Corporate Social Responsibility (CSR) Awards 2025, recognizing its unwavering commitment to sustainability and corporate social responsibility. The company was awarded the Corporate Non-Profit Partnership and SDG Pioneer Award. The SDG Pioneer Award was presented to Fatima Fertilizer for being the first Pakistani Fatima Fertilizer has been honored with two prestigious accolades at the 14th Annual Corporate Social Responsibility (CSR) Awards 2025, recognizing its unwavering commitment to sustainability and corporate social responsibility. The company was awarded the Corporate Non-Profit Partnership and SDG Pioneer Award. - Fatima Fertilizer’s latest recognition underscores its leadership in sustainable business practices, reinforcing its role as a trailblazer in corporate responsibility and a key contributor to Pakistan’s agricultural sector.
- [Finance Minister Meets with Dairy Sector Executives to Address Industry Issues](https://businessplus.com.pk/finance-minister-meets-with-dairy-sector-executives-to-address-industry-issues/) - Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting with representatives of the Pakistan Dairy Association (PDA) to discuss challenges faced by the industry and explore policy measures for its growth. Finance Minister Meets with Dairy Sector Executives to Address Industry Issues Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting with representatives of the Pakistan Dairy Association (PDA) to discuss challenges faced by the industry and explore policy measures for its growth. Key stakeholders from leading dairy companies attended the meeting including Usman Zaheer Ahmed, Fauji Foods Limited; Syed Kashan Hasan, Engro Pakistan Key stakeholders from leading dairy companies attended the meeting including Usman Zaheer Ahmed, Fauji Foods Limited; Syed Kashan Hasan, Engro Pakistan Limited; Imran Hussain, Engro Pakistan Limited; Waqar Ahmed Sheikh, Nestle Pakistan Limited; Ahmed Umar, Haleeb Foods Limited; Noor Aftab, Tetra Pak Pakistan Limited; Dr. M. Nasir, Engro Pakistan Limited. - The meeting concluded with an agreement to continue dialogue and collaboration to ensure the dairy industry’s sustainable growth and contribution to Pakistan’s economy.
- [PTCL Group and Pink Collar hold exclusive career fair to connect skilled women with opportunities](https://businessplus.com.pk/ptcl-group-and-pink-collar-hold-exclusive-career-fair-to-connect-skilled-women-with-opportunities/) - Pakistan’s largest telecom and ICT service provider, PTCL Group (PTCL and Ufone 4G), in collaboration with Pink Collar, the country’s pioneering women-centric executive job placement platform led by Zara Sika Ali, a successful entrepreneur and a leading recruiter in Pakistan. The aim was to successfully host the Pink Collar Women Career Fair in Lahore to bridge the persistent gaps between talent and opportunities for Pakistani women. PTCL Group and Pink Collar hold exclusive career fair to connect skilled women with opportunities Pakistan’s largest telecom and ICT service provider, PTCL Group (PTCL and Ufone 4G), in collaboration with Pink Collar, the country’s pioneering women-centric executive job placement platform led by Zara Sika Ali, a successful entrepreneur and a leading recruiter in Pakistan. The aim was to successfully host the Pink Collar Women Career Fair in Lahore to The aim was to successfully host the Pink Collar Women Career Fair in Lahore to bridge the persistent gaps between talent and opportunities for Pakistani women. - The event highlighted the shared vision of PTCL Group and Pink Collar to empower women through financial independence and professional development.
- [Hip Hop Leads Pakistan’s Global Impact List on Spotify](https://businessplus.com.pk/hip-hop-leads-pakistans-global-impact-list-on-spotify/) - Spotify Pakistan has unveiled its latest Global Impact list, showcasing the top 30 Pakistani tracks making waves internationally in the past six months. Hip Hop Leads Pakistan’s Global Impact List on Spotify With 17 songs in the top 30, Talha Anjum dominates the genre with international influence Spotify Pakistan has unveiled its latest Global Impact list, showcasing the top 30 Pakistani tracks making waves internationally in the past six months. Through this ranking, Spotify celebrates artists whose tracks were in heavy rotation outside their home countries, reinforcing Spotify Pakistan has unveiled its latest Global Impact list, showcasing the top 30 Pakistani tracks making waves internationally in the past six months. - Leading the list is Talha Anjum, who, alongside RADAR Pakistan artist Umair, dominates multiple spots with tracks like love lost, smile, Heartbreak Kid, and Departure Lane. His collaborations, including REGRETS with Jevin Gill and Umair, and BTDT (Been There Done That) with Bilal Saeed, have significantly expanded the global reach of Pakistani hip-hop.
- [OGDCL Partners with LUMS to Establish CleanTech/EnergyTech Grant](https://businessplus.com.pk/ogdcl-partners-with-lums-to-establish-cleantech-energytech-grant/) - Oil and Gas Development Company Limited (OGDCL) has awarded the LUMS Centre for Entrepreneurship (LCE) a Cleantech/EnergyTech Grant to establish a dedicated space within its co-working facility. This initiative aims to support start-ups focused on cleantech and sustainable energy solutions, fostering innovation to tackle local and global climate challenges. OGDCL Partners with LUMS to Establish Cleantech/Energytech Grant Oil and Gas Development Company Limited (OGDCL) has awarded the LUMS Centre for Entrepreneurship (LCE) a Cleantech/EnergyTech Grant to establish a dedicated space within its co-working facility. This initiative aims to support start-ups focused on cleantech and sustainable energy solutions, fostering innovation to tackle local and global climate challenges. The OGDCL Energy and Cleantech Zone, The OGDCL Energy and Cleantech Zone, housed within LCE, will serve as a hub for research, collaboration, and innovation. It will provide selected start-ups access to workspaces, mentorship, and industry expertise. - The initiative aligns with LCE’s mission to drive entrepreneurship in high-impact areas, including AI-driven energy solutions, cleantech, and sustainability.
- [Mobilink Bank joins forces with NymCard and Dellson Associates to revolutionize digital financial services](https://businessplus.com.pk/mobilink-bank-joins-forces-with-nymcard-and-dellson-associates-to-revolutionize-digital-financial-services/) - Mobilink Bank, Pakistan’s leading digital microfinance institution, has entered into a strategic partnership with leading fintech innovator NymCard and technology consultancy, Dellson Associates to accelerate digital financial services and cross-border enablement. Mobilink Bank joins forces with NymCard and Dellson Associates to revolutionize digital financial services Mobilink Bank, Pakistan’s leading digital microfinance institution, has entered into a strategic partnership with leading fintech innovator NymCard and technology consultancy, Dellson Associates to accelerate digital financial services and cross-border enablement. The collaboration marks a significant step toward reshaping the future of financial inclusion in Pakistan. Under this alliance, NymCard will integrate its cutting-edge technology Under this alliance, NymCard will integrate its cutting-edge technology platform to facilitate seamless digital lending solutions, including Buy Now, Pay Later (BNPL), Send Now, Pay Later (SNPL), and Instant Card Issuance. - This strategic partnership aims to empower consumers with dynamic financial tools that enhance accessibility, flexibility, and user experience. BNPL enables customers to make purchases and defer payments over time, while SNPL revolutionizes remittances by allowing users to send money instantly and settle payments in structured installments—easing financial burdens and fostering greater financial control.
- [Finance Minister's New Directive: All Segments to Pay Taxes for National Good](https://businessplus.com.pk/finance-ministers-new-directive-all-segments-to-pay-taxes-for-national-good/) - Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, expressed concern over the retail sector's minimal tax contributions. Despite accounting for a substantial 19% of the country's GDP, the sector pays a mere 1% in taxes. This disparity has raised questions about the retail sector's role in contributing to the national exchequer and the need for more equitable tax policies. Finance Minister's New Directive: All Segments to Pay Taxes for National Good Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, expressed concern over the retail sector's minimal tax contributions. Despite accounting for a substantial 19% of the country's GDP, the sector pays a mere 1% in taxes. This disparity has raised questions about the retail sector's role in contributing to the national exchequer and the need Speaking at the "Retail Reimagined: Innovate, Collaborate & Thrive" conference, organized by The Pakistan Retail Business Council (PRBC), Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, highlighted the unsustainable tax burden placed on the manufacturing, services industry, and salaried class. - A “Single B” rating would not only enhance Pakistan’s credibility in the eyes of international investors but also pave the way for the country to diversify its funding base and regain access to national capital markets.
- [KP Govt announces to include free OPD in Sehat Card program](https://businessplus.com.pk/kp-govt-announces-to-include-free-opd-in-sehat-card-program/) - The Khyber Pakhtunkhwa government, on the special instructions of Chief Minister Ali Amin Khan Gandapur, has taken another unique initiative to ensure universal health coverage by including free OPD (Outpatient Department) services in the Sehat Card Plus. KP Govt announces to include free OPD in Sehat Card program The OPD scheme is being launched as a pilot project in Mardan district, benefiting fifty thousand deserving households. In the second phase, the scheme will be extended to Chitral, Malakand, and Kohat districts. The Khyber Pakhtunkhwa government, on the special instructions of Chief Minister Ali Amin Khan Gandapur, has taken another unique initiative to ensure The Khyber Pakhtunkhwa government, on the special instructions of Chief Minister Ali Amin Khan Gandapur, has taken another unique initiative to ensure universal health coverage by including free OPD (Outpatient Department) services in the Sehat Card Plus. - Under this scheme, medications, medical tests, and healthcare services will be provided free of cost.
- [DWP Technologies Completes Tier-III Certified Astrolabe Data Center for HEC](https://businessplus.com.pk/dwp-technologies-completes-tier-iii-certified-astrolabe-data-center-for-hec/) - DWP Technologies has successfully designed, built, and deployed a state-of-the-art Tier-III Certified Astrolabe Data Center for the Higher Education Commission (HEC), marking a significant step toward strengthening Pakistan’s digital and academic infrastructure. DWP Technologies Completes Tier-III Certified Astrolabe Data Center for HEC DWP Technologies has successfully designed, built, and deployed a state-of-the-art Tier-III Certified Astrolabe Data Center for the Higher Education Commission (HEC), marking a significant step toward strengthening Pakistan’s digital and academic infrastructure. The data center was inaugurated during a ceremony held at NED University. The ceremony was attended by Federal Minister for Planning, Development and The project was executed in two strategic phases, leveraging cutting-edge containerized solutions to enhance efficiency, security, and scalability for HEC’s growing digital demands. - DWP Technologies transformed a raw piece of land into a fully operational, high-performance data center, demonstrating its expertise in executing large-scale infrastructure projects.
- [Pak-Russia Freight Train Pilot Set to Launch on March 15](https://businessplus.com.pk/pak-russia-freight-train-pilot-set-to-launch-on-march-15/) - Pakistan Railways Freight CEO Sufiyan Sarfaraz Dogar Announces Pakistan-Russia International Freight Train Service to Launch on March 15, 2025, Boosting Regional Trade with Iran, Turkmenistan, Kazakhstan, and Russia. Pak-Russia Freight Train Pilot Set to Launch on March 15 Pakistan Railways Freight CEO Sufiyan Sarfaraz Dogar Announces Pakistan-Russia International Freight Train Service to Launch on March 15, 2025, Boosting Regional Trade with Iran, Turkmenistan, Kazakhstan, and Russia. He also sought containerized cargo commitments from the whole business community in general and members of All Pakistan Textile Mills Association (APTMA) in particular for the upcoming The Taftan station in Pakistan would serve as the key entry point for goods moving along this international corridor. - Pakistani exporters would gain improved access to Iran, Turkmenistan, Kazakhstan and Russian markets for textiles, food products and agricultural goods, including rice, wheat, and cotton.
- [Thai Diplomat Seeks KCCI's Help to Finalize Free Trade Agreement with Pakistan](https://businessplus.com.pk/thai-diplomat-seeks-kccis-help-to-finalize-free-trade-agreement-with-pakistan/) - The Ambassador of Thailand to Pakistan, Rongvudhi Virabutr, while underscoring the need to conclude the Free Trade Agreement (FTA) between Thailand and Pakistan, urged the Karachi Chamber to push the government to finalize the FTA as soon as possible which would certainly help in further improving the existing trade ties between the two countries. Thai Diplomat Seeks KCCI's Help to Finalize Free Trade Agreement with Pakistan Consul General of Thailand in Karachi Surashete Boontinand announced the introduction of an e-visa facility that allows applicants to apply for visas to Thailand online. Thai Envoy emphasized Thailand's support for electric vehicles (EVs), which are becoming increasingly popular in the Thai automotive market. He suggested that Thailand could assist Pakistan in developing its EV Consul General of Thailand in Karachi Surashete Boontinand announced the introduction of an e-visa facility that allows applicants to apply for visas to Thailand online. - Thai Envoy emphasized Thailand's support for electric vehicles (EVs), which are becoming increasingly popular in the Thai automotive market. He suggested that Thailand could assist Pakistan in developing its EV industry by sharing expertise and technology.
- [CDC and IAP sign MoU for Life Insurance Policy Finder](https://businessplus.com.pk/cdc-and-iap-sign-mou-for-life-insurance-policy-finder/) - Being at the forefront of end-user facilitation and creating ease of doing business, the Central Depository Company of Pakistan Limited (CDCPL) has signed an important Memorandum of Understanding (MoU) with the Insurance Association of Pakistan (IAP) to enable and provide the Life Insurance Policy Finder for policyholders and their beneficiaries. CDC and IAP sign MoU for Life Insurance Policy Finder Being at the forefront of end-user facilitation and creating ease of doing business, the Central Depository Company of Pakistan Limited (CDCPL) has signed an important Memorandum of Understanding (MoU) with the Insurance Association of Pakistan (IAP) to enable and provide the Life Insurance Policy Finder for policyholders and their beneficiaries. The MoU was signed by This Memorandum of Understanding, which IAP has signed on behalf of its member Life Insurance companies, will facilitate the participation of Pakistan’s Life Insurance companies in the Policy Finder service. - With the operationalization of the Life Insurance Policy Finder service, policyholders and beneficiaries will be able to raise a query by sending a text message with the policyholder CNIC, against which the service will respond if any life insurance policy(ies) exist or not for the given CNIC and also advise on the future course of action in case any policy(ies) do exist for the given CNIC.
- [Zong 4G unveils Pakistan’s first AI-Generated television campaign](https://businessplus.com.pk/zong-4g-unveils-pakistans-first-ai-generated-television-campaign/) - Zong 4G, Pakistan’s leading digital services provider, has made history by launching the industry’s first-ever AI-generated television campaign for the ICC Champions Trophy, redefining the future of advertising in Pakistan’s telecom industry. Zong 4G unveils Pakistan’s first AI-Generated television campaign Zong 4G, Pakistan’s leading digital services provider, has made history by launching the industry’s first-ever AI-generated television campaign for the ICC Champions Trophy, redefining the future of advertising in Pakistan’s telecom industry. This groundbreaking campaign transcends marketing milestones—it’s a transformative force for the entire industry, heralding a new era in AI-powered storytelling. As a company Zong 4G is setting an entirely new standard in digital advertising, showcasing the limitless potential of artificial intelligence in crafting compelling, immersive, and data-driven consumer experiences. - “This AI-powered campaign is a testament to our commitment to digital excellence,” said Sajid Munir, Director Marketing at Zong 4G. “By integrating artificial intelligence into our marketing, we are not just following global trends—we are setting them.
- [Pakistan's IT Services Export Generates $1.864 Billion in Jul-Dec Period](https://businessplus.com.pk/pakistans-it-services-export-generates-1-864-billion-in-jul-dec-period/) - Pakistan earned US $1.864 billion by exporting different Information Technology (IT) services in various countries during the first six months of the current fiscal year 2024-25. Pakistan's IT Services Export Generates $1.864 Billion in Jul-Dec Period Pakistan earned US $1.864 billion by exporting different Information Technology (IT) services in various countries during the first six months of the current fiscal year 2024-25. This shows a growth of 28.04 percent as compared with the US $ 1.455 billion earned through the provision of services during the corresponding months of the last fiscal This shows a growth of 28.04 percent as compared with the US $ 1.455 billion earned through the provision of services during the corresponding months of the last fiscal year 2023-24, the Pakistan Bureau of Statistics (PBS) reported. - Among the computer services, the exports of software consultancy services witnessed an increase of 35.73 percent, from US $405.160 million to US $549.912 million this year while the export of hardware consultancy services however witnessed a decline of 7.84 percent, from US $3.129 million to US $2.884 million.
- [PTCL SHOQ presents free streaming of ICC Champions Trophy 2025](https://businessplus.com.pk/ptcl-shoq-presents-free-streaming-of-icc-champions-trophy-2025/) - PTCL’s OTT platform, SHOQ, is bringing an exciting offer for cricket fans with high-definition live streaming of the ICC Champions Trophy 2025. PTCL SHOQ presents free streaming of ICC Champions Trophy 2025 PTCL’s OTT platform, SHOQ, is bringing an exciting offer for cricket fans with high-definition live streaming of the ICC Champions Trophy 2025. There are no subscription or hidden charges—just pure, uninterrupted cricket. Whether users are at home or on the go, SHOQ ensures that every Pakistani can enjoy the tournament live, without spending a rupee. SHOQ is accessible to everyone, on any internet connection user, including people with other networks mobile data. - SHOQ also offers a free trial to access its full content library. Payment is easy with multiple options, including Ufone 4G & Telenor recharge, EasyPaisa & Visa cards, and PTCL & Ufone data bundles for added convenience.
- [5G Technology: PTA, MCMC, and Nokia Drive Digital Innovation](https://businessplus.com.pk/5g-technology-pta-mcmc-and-nokia-drive-digital-innovation/) - The Masterclass on “5G and Beyond: Shaping the Future of Connectivity”, marking a key milestone in Pakistan-Malaysia digital collaboration. Hosted by the Pakistan Telecommunication Authority (PTA) in partnership with Nokia Pakistan. 5G Technology: PTA, MCMC, and Nokia Drive Digital Innovation The Masterclass on “5G and Beyond: Shaping the Future of Connectivity”, marking a key milestone in Pakistan-Malaysia digital collaboration. Hosted by the Pakistan Telecommunication Authority (PTA) in partnership with Nokia Pakistan. The four-day Masterclass brings together over 60 industry leaders, policymakers, and academics to explore 5G’s transformative impact and enhance cross-border digital cooperation. Shaza Fatima The Masterclass on “5G and Beyond: Shaping the Future of Connectivity”, marking a key milestone in Pakistan-Malaysia digital collaboration. Hosted by the Pakistan Telecommunication Authority (PTA) in partnership with Nokia Pakistan. - The four-day Masterclass brings together over 60 industry leaders, policymakers, and academics to explore 5G’s transformative impact and enhance cross-border digital cooperation.
- [10Pearls successfully held the 9th Edition of Women Tech Quest](https://businessplus.com.pk/10pearls-successfully-held-the-9th-edition-of-women-tech-quest/) - Women Tech Quest, the pioneer Tech Competition for Women in Pakistan, an initiative of 10Pearls, is a platform for students and professional women to compete, learn, network and showcase their competency and talent in tech. 10Pearls successfully held the 9th Edition of Women Tech Quest Women Tech Quest, the pioneer Tech Competition for Women in Pakistan, an initiative of 10Pearls, is a platform for students and professional women to compete, learn, network and showcase their competency and talent in tech. The 9th edition of Women Tech Quest took place on Feb 15, 2025 and was physically held in Karachi, Lahore, The 9th edition of Women Tech Quest took place on Feb 15, 2025 and was physically held in Karachi, Lahore, and Islamabad. Over 3000 women from various fields of technology attended the event. - Leading companies from a range of industries came forth to sponsor the 9th edition of Women Tech Quest and share its vision of women empowerment.
- [Sindh govt with Dewan Group to Introduce 500 Electric Taxis](https://businessplus.com.pk/sindh-govt-with-dewan-group-to-introduce-500-electric-taxis/) - Special Assistant to Chief Minister of Sindh for Investment and Public-Private Partnership, Syed Qasim Naveed Qamar, met Dewan Muhammad Yousuf Farooqui, the head of Dewan Group, to discuss the ambitious project. During the meeting, Dewan Farooqui highlighted that Dewan Group is working on a project to introduce 500 electric taxis across Sindh, with an estimated cost of Rs.2.5 billion. Sindh govt with Dewan Group to Introduce 500 Electric Taxis The Sindh government is progressing towards introducing 500 electric taxis in the province in collaboration with Dewan Group of Industries, aiming to address transportation and environmental challenges. Special Assistant to Chief Minister of Sindh for Investment and Public-Private Partnership, Syed Qasim Naveed Qamar, met Dewan Muhammad Yousuf Farooqui, the head of Dewan Group, to discuss Dewan Group is working on a project to introduce 500 electric taxis across Sindh, with an estimated cost of Rs.2.5 billion. - In collaboration with the Sindh and Punjab governments, DFML is in the process of finalizing plans to introduce the Honri-VE as part of the electric taxi fleets in both provinces.
- [Government Considers Tax Relief for Salaried Individuals in Upcoming Budget](https://businessplus.com.pk/government-considers-tax-relief-for-salaried-individuals-in-upcoming-budget/) - The federal government is considering easing the tax burden on salaried individuals in the next budget after their income tax contributions surged to PKR 285 billion in the first seven months of the current fiscal year—an increase of Rs.100 billion compared to the same period last year. Government Considers Tax Relief for Salaried Individuals in Upcoming Budget The federal government is considering easing the tax burden on salaried individuals in the next budget after their income tax contributions surged to PKR 285 billion in the first seven months of the current fiscal year—an increase of Rs.100 billion compared to the same period last year. State Minister for Finance Ali Pervaiz Malik, speaking The federal government is considering easing the tax burden on salaried individuals in the next budget after their income tax contributions surged to PKR 285 billion in the first seven months of the current fiscal year - The government is now weighing options to provide relief to salaried individuals in the upcoming federal budget.
- [Pakistani Community in KSA vows to enhance investment in Pakistan IT sector](https://businessplus.com.pk/pakistani-community-in-ksa-vows-to-enhance-investment-in-pakistan-it-sector/) - Pakistani community residing in the Kingdom of Saudi Arabia vowed to provide all-out support to Pakistani IT and tech companies to enhance investments and exports of the country. Pakistani Community in KSA vows to enhance investment in Pakistan IT sector Pakistani community residing in the Kingdom of Saudi Arabia vowed to provide all-out support to Pakistani IT and tech companies to enhance investments and exports of the country. Majlise Pakistan, a professional forum of Pakistanis based in Saudi Arabia hosted an event in Riyadh recently for Pakistani delegates attending LEAP 2025, aimed at networking with Pakistani community residing in the Kingdom of Saudi Arabia vowed to provide all-out support to Pakistani IT and tech companies to enhance investments and exports of the country. -
- [Bank Alfalah Secures Qist Bazaar's Growth with Rs.55 Million Equity and Rs.460 Million Credit Line](https://businessplus.com.pk/bank-alfalah-secures-qist-bazaars-growth-with-rs-55-million-equity-and-rs-460-million-credit-line/) - Bank Alfalah, one of Pakistan’s leading financial institutions, has reinforced its commitment to financial inclusion by increasing its investment in Qist Bazaar, Pakistan’s rapidly growing buy-now-pay-later (BNPL) platform catering to essential purchases of people with minimal and easy instalments. Bank Alfalah Secures Qist Bazaar's Growth with Rs.55 Million Equity and Rs.460 Million Credit Line Bank Alfalah, one of Pakistan’s leading financial institutions, has reinforced its commitment to financial inclusion by increasing its investment in Qist Bazaar, Pakistan’s rapidly growing buy-now-pay-later (BNPL) platform catering to essential purchases of people with minimal and easy instalments. As part of the latest funding round, Bank Alfalah has invested an additional Rs.55 million as As part of the latest funding round, Bank Alfalah has invested an additional Rs.55 million as part of Qist Bazaar’s Series A raise of around Rs.800 million - Bank Alfalah has provided Qist Bazaar with Rs.460 million in debt lines.
- [Azerbaijan and Pakistan Partner to Develop Green Energy Corridor](https://businessplus.com.pk/azerbaijan-and-pakistan-partner-to-develop-green-energy-corridor/) - In a significant move towards combating climate change and promoting sustainable energy, Azerbaijan and Pakistan have agreed to collaborate on renewable energy production, transmission, and trade. Azerbaijan and Pakistan Partner to Develop Green Energy Corridor This initiative aims to create a renewable energy pathway that benefits both domestic markets and global partners. In a significant move towards combating climate change and promoting sustainable energy, Azerbaijan and Pakistan have agreed to collaborate on renewable energy production, transmission, and trade. This partnership was formalized during a high-level meeting between Azerbaijan’s Ambassador to The discussions centered on the urgent need to transition to sustainable energy sources to meet global decarbonization goals. - Romina Khurshid Alam highlighted the critical role of regional collaboration in realizing the potential of green energy technologies.
- [JazzCash & Mobilink Bank Named Finalists for the Prestigious GLOMO Awards 2025](https://businessplus.com.pk/jazzcash-mobilink-bank-named-finalists-for-the-prestigious-glomo-awards-2025/) - Pakistan's largest fintech services provider, JazzCash, and the country's leading digital microfinance bank, Mobilink Bank, have been nominated for prestigious awards at the Global Mobile (GLOMO) Awards 2025. The winners will be announced at the upcoming Mobile World Congress (MWC) 2025 event. JazzCash earned its GLOMO 2025 nomination in the 'Best Fintech Innovation' category for JazzCash & Mobilink Bank Named Finalists for the Prestigious GLOMO Awards 2025 Pakistan's largest fintech services provider, JazzCash, and the country's leading digital microfinance bank, Mobilink Bank, have been nominated for prestigious awards at the Global Mobile (GLOMO) Awards 2025. The winners will be announced at the upcoming Mobile World Congress (MWC) 2025 event. JazzCash earned its GLOMO 2025 nomination in the 'Best Fintech Innovation' category for Pakistan's largest fintech services provider, JazzCash, and the country's leading digital microfinance bank, Mobilink Bank, have been nominated for prestigious awards at the Global Mobile (GLOMO) Awards 2025. - Mobilink Bank's 'Invisible Heirs' campaign has earned a coveted spot on the shortlist for the 'CMO Marketing Campaign' category. This powerful initiative sheds light on a critical yet often overlooked issue - women's struggle to understand, claim, and secure their rightful inheritance.
- [Pakistan's EV Sector Accelerates with BYD's Market Entry](https://businessplus.com.pk/pakistans-ev-sector-accelerates-with-byds-market-entry/) - Pakistan has welcomed its first commercial shipment of Build Your Dreams (BYD) electric vehicles at Karachi Port Trust (KPT). Pakistan's EV Sector Accelerates with BYD's Market Entry Pakistan has welcomed its first commercial shipment of Build Your Dreams (BYD) electric vehicles at Karachi Port Trust (KPT). The shipment, consisting of Completely Built-Up (CBU) units, was efficiently managed at the Karachi International Container Terminal (KICT), showcasing KPT’s advanced logistical capabilities. This development signals Pakistan’s shift toward sustainable transportation, aligning with global efforts to The shipment, consisting of Completely Built-Up (CBU) units, was efficiently managed at the Karachi International Container Terminal (KICT), showcasing KPT’s advanced logistical capabilities. - This milestone sets the stage for further advancements in sustainable mobility and strengthens Pakistan’s position in the global transition toward renewable energy.
- [HBL Microfinance Bank and IFC Finalize $80 Million Risk Sharing Agreement](https://businessplus.com.pk/hbl-microfinance-bank-and-ifc-finalize-80-million-risk-sharing-agreement/) - HBL Microfinance Bank (HBL MfB) has signed a US$ 80 million Risk Sharing Agreement (RSA or the facility) with the International Finance Corporation (IFC), a member of the World Bank Group. HBL Microfinance Bank and IFC Finalize $80 Million Risk Sharing Agreement HBL Microfinance Bank (HBL MfB) has signed a US$ 80 million Risk Sharing Agreement (RSA or the facility) with the International Finance Corporation (IFC), a member of the World Bank Group. This facility, which is supported by the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP), will allow HBL MfB to This facility, which is supported by the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP), will allow HBL MfB to share 50% of the risk on its microfinance loan portfolio of up to US$ 80 million (in PKR equivalent) with IFC, on an unfunded basis. - The collaboration between HBL MfB and IFC will significantly enhance access to finance for smallholder farmers and microenterprises across the country, with a strong focus on women entrepreneurs.
- [PBA to Host Pakistan Banking Summit 2025 on February 24](https://businessplus.com.pk/pba-to-host-pakistan-banking-summit-2025-on-february-24/) - The Pakistan Banks Association (PBA) proudly announces the launch of the Pakistan Banking Summit 2025 (PBS’25), a groundbreaking industry-led initiative aimed at driving financial advancement and innovation. Set to take place on February 24-25, 2025, in Karachi. PBA to Host Pakistan Banking Summit 2025 on February 24 The Pakistan Banks Association (PBA) proudly announces the launch of the Pakistan Banking Summit 2025 (PBS’25), a groundbreaking industry-led initiative aimed at driving financial advancement and innovation. Set to take place on February 24-25, 2025, in Karachi. Organized under the aegis of the Pakistan Banks Association, PBS’25 aims to advance finance and economic discourse in The Pakistan Banking Summit will offer an invaluable platform for the banking industry and its stakeholders to engage in critical conversations relating to emerging trends and opportunities for banking and finance. - The summit aims to cover critical themes relating to global and local economic developments, the role of the banking sector in economic uplift, priority sector financing, the future of Islamic banking, and digitization.
- [Finance minister for promoting innovation in insurance sector](https://businessplus.com.pk/finance-minister-for-promoting-innovation-in-insurance-sector/) - Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, stressed the need of adopting digital technology and promoting innovation in the insurance sector to cater the needs of the growing population of the country. Finance minister for promoting innovation in insurance sector Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, stressed the need of adopting digital technology and promoting innovation in the insurance sector to cater the needs of the growing population of the country. Finance Minister was virtually addressing the InsureImpact Conference Pakistan (ICP) 2025, themed “Journey to an Insured Pakistan – Fostering Collaboration, Engagement The conference was comprised of four sessions on transforming disaster and agriculture insurance through collaboration, accelerating innovation with the digital shift in motor insurance, positioning insurance as a dual pillar for health protection and social security, and charting the path to an insured Pakistan through digitization by addressing gaps, exploring potential, and developing an ideal infrastructure. - The representatives of SECP, CDC and other institutions as well as private sector insurance companies and other relevant organizations had thought-provoking discussions on actionable insights, and opportunities for collaboration to shape a resilient and inclusive insurance ecosystem.
- [FBR to Enhance Monitoring of Bank Transactions Exceeding Declared Income](https://businessplus.com.pk/fbr-to-enhance-monitoring-of-bank-transactions-exceeding-declared-income/) - The Federal Board of Revenue (FBR) has announced plans to closely monitor bank transactions that exceed individuals’ declared income to strengthen tax compliance and curb financial irregularities. FBR to Enhance Monitoring of Bank Transactions Exceeding Declared Income The Federal Board of Revenue (FBR) has announced plans to closely monitor bank transactions that exceed individuals’ declared income to strengthen tax compliance and curb financial irregularities. According to the details, the initiative led by FBR Chairman Malik Amjed Zubair Tiwana, aims to identify discrepancies between reported income and actual financial activity, ensuring greater transparency Banks will then be required to flag transactions that do not align with the income figures declared in individuals’ wealth statements or tax returns. - The FBR’s measures also extend to real estate transactions. While non-filers will be permitted to purchase property for the first time, taxpayers will be allowed to buy new properties for themselves or their families.
- [LUMS Career Fair 2025 connects top talent with opportunities](https://businessplus.com.pk/lums-career-fair-2025-connects-top-talent-with-opportunities/) - The Career Services Office (CSO) at LUMS recently hosted its Annual Career Fair, a flagship event that bridges the gap between academia and industry by connecting LUMS students with leading employers. This year’s fair brought together more than 200 renowned national and international companies who engaged with over 1,800 students and alumni from various disciplines. LUMS Career Fair 2025 connects top talent with opportunities The Career Services Office (CSO) at LUMS recently hosted its Annual Career Fair, a flagship event that bridges the gap between academia and industry by connecting LUMS students with leading employers. This year’s fair brought together more than 200 renowned national and international companies who engaged with over 1,800 students and alumni from various disciplines. This year’s fair brought together more than 200 renowned national and international companies who engaged with over 1,800 students and alumni from various disciplines. - Through on-site interviews, detailed career guidance, and resume submissions, the event gave students exposure to hiring practices and career pathways, ensuring they are well-prepared for an evolving job market.
- [Fatima Fertilizer and Akhuwat Foundation join hands to promote Rural women agri entrepreneurial pursuits](https://businessplus.com.pk/fatima-fertilizer-and-akhuwat-foundation-join-hands-to-promote-rural-women-agri-entrepreneurial-pursuits/) - Fatima Fertilizer and Akhuwat Foundation joined hands through a strategic Memorandum of Understanding (MoU) agreement, signed during a special ceremony held in Lahore. The collaboration is aimed at supporting rural women entrepreneurs under the Sarsabz Tabeer initiative through financial inclusion and skill development initiatives. Fatima Fertilizer and Akhuwat Foundation join hands to promote Rural women agri entrepreneurial pursuits Fatima Fertilizer and Akhuwat Foundation joined hands through a strategic Memorandum of Understanding (MoU) agreement, signed during a special ceremony held in Lahore. The collaboration is aimed at supporting rural women entrepreneurs under the Sarsabz Tabeer initiative through financial inclusion and skill development initiatives. The agreement was signed by Asad Murad, Chief Operating Officer of The collaboration is aimed at supporting rural women entrepreneurs under the Sarsabz Tabeer initiative through financial inclusion and skill development initiatives. - Fatima Fertilizer and Akhuwat Foundation aim to create lasting change in Pakistan's agricultural landscape by empowering women to take leading roles in farming and agribusiness.
- [RDA inflows rise to $9.564 Billion in Jan 2025](https://businessplus.com.pk/rda-inflows-rise-to-9-564-billion-in-jan-2025/) - The inflow of remittances under Roshan Digital Account (RDA) has risen to US $9.564 billion by the end of January 2025 as compared to US $9.342 billion by December (2024) end. RDA inflows rise to $9.564 Billion in Jan 2025 The inflow of remittances under Roshan Digital Account (RDA) has risen to US $9.564 billion by the end of January 2025 as compared to US $9.342 billion by December (2024) end. The data showed that the inflows of remittances during January were recorded at US$ 222 million as compared to US$ 203 million in December According to the data, almost 778,697 accounts registered under the programme by the end of January 2025. - By the end of January, overseas Pakistanis have invested US $479 million in Naya Pakistan Certificates.
- [Over 100 Pakistani IT Companies Participating in LEAP 2025](https://businessplus.com.pk/over-100-pakistani-it-companies-participating-in-leap-2025/) - Pakistani IT companies are aggressively exploring new and emerging tech markets particularly the Kingdom of Saudi Arabia (KSA), as more than 100 firms providing IT and IT-enabled services are participating in LEAP 2025, one of the world’s major tech trade fairs, being held in Riyadh, Saudi Arabia. Over 100 Pakistani IT Companies Participating in LEAP 2025 Pakistani IT companies are aggressively exploring new and emerging tech markets particularly the Kingdom of Saudi Arabia (KSA), as more than 100 firms providing IT and IT-enabled services are participating in LEAP 2025, one of the world’s major tech trade fairs, being held in Riyadh, Saudi Arabia. More than 1,000 delegates from Pakistan are attending Pakistani IT firms are showcasing their latest solutions and services at LEAP 2025, engaging in strategic networking, and exploring joint ventures and investment opportunities in the Kingdom. - Pakistan’s IT exports recorded a significant increase, reaching $1.53 billion in the first half of the 2024-25 financial year.
- [Over 135,000 Pakistanis among 62.2 million visitors to Turkiye in 2024](https://businessplus.com.pk/over-135000-pakistanis-among-62-2-million-visitors-to-turkiye-in-2024/) - Türkiye achieved a 9.8% year-on-year growth in its visitor numbers and hosted 62.269.890 visitors in 2024, representing a 20.3% growth compared to 2019, the pre-pandemic year. The total number includes over 135,000 Pakistani tourists. Over 135,000 Pakistanis among 62.2 million visitors to Turkiye in 2024 Türkiye achieved a 9.8% year-on-year growth in its visitor numbers and hosted 62.269.890 visitors in 2024, representing a 20.3% growth compared to 2019, the pre-pandemic year. The total number includes over 135,000 Pakistani tourists. With this figure, Türkiye also surpassed its own target of 60 million visitors, announced earlier in 2024. In addition, Türkiye generated Türkiye generated 61.1 billion USD as tourism revenue, which is 8.3% more than the previous year. - Türkiye’s international visitors spent an average of 10.7 days in the country.
- [14th Rashid D. Habib Golf: Ahmad Baig defends his title](https://businessplus.com.pk/14th-rashid-d-habib-golf-ahmad-baig-defends-his-title/) - Bank AL Habib’s 14th Rashid D. Habib Memorial National Professionals Golf Tournament concluded in grand fashion at the Karachi Golf Club, witnessing stellar performances from some of the finest professional golfers in Pakistan. 14th Rashid D. Habib Golf: Ahmad Baig defends his title Bank AL Habib’s 14th Rashid D. Habib Memorial National Professionals Golf Tournament concluded in grand fashion at the Karachi Golf Club, witnessing stellar performances from some of the finest professional golfers in Pakistan. Ahmed Baig (PAF) displayed remarkable consistency to clinch the Professional Champion Title, shooting 273 (-15) and taking home Rs.937,676. Muhammad Zubair (KGC) Ahmed Baig (PAF) displayed remarkable consistency to clinch the Professional Champion Title, shooting 273 (-15) and taking home Rs.937,676. -
- [Saudi Fast-Food Chain Albaik to Expand Operations in Pakistan](https://businessplus.com.pk/saudi-fast-food-chain-albaik-to-expand-operations-in-pakistan/) - A major highlight of the visit was Minister Jam Kamal Khan’s meeting with Albaik owner Rami Abu Ghazala. The Minister was given a tour of Albaik’s operations, where he met Pakistani employees working at the fast-food giant. Saudi Fast-Food Chain Albaik to Expand Operations in Pakistan Pakistan’s Federal Minister for Commerce, Jam Kamal Khan, engaged in a series of high-profile meetings in Jeddahfocusing on enhancing trade and investment partnerships between Pakistan and Saudi Arabia. A major highlight of the visit was Minister Jam Kamal Khan’s meeting with Albaik owner Rami Abu Ghazala. The Minister was given a tour of Albaik’s operations, where he A major highlight of the visit was Minister Jam Kamal Khan’s meeting with Albaik owner Rami Abu Ghazala. The Minister was given a tour of Albaik’s operations, where he met Pakistani employees working at the fast-food giant. - The first Albaik branches in Pakistan are expected to open soon, creating new job opportunities and strengthening economic ties between the two nations.
- [BYD Continues Its Commitment to Climate Action](https://businessplus.com.pk/byd-continues-its-commitment-to-climate-action/) - Sustaining the momentum of its global commitment to environmental sustainability, BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, is strengthening its efforts to combat climate change by supporting initiatives like “Breathe Pakistan”. BYD Continues Its Commitment to Climate Action Sustaining the momentum of its global commitment to environmental sustainability, BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, is strengthening its efforts to combat climate change by supporting initiatives like “Breathe Pakistan”. With its global mission of reducing the World’s temperature by 1 degree and a focus on promoting clean mobility, BYD is driving As part of the collaboration with Pakistan’s biggest climate change event ‘Breathe Pakistan’, BYD showcased what is deemed to be the start of an NEV revolution in the country as the manufacturer’s vehicles begin to land on local roads. - “At BYD, we are committed to transforming and revolutionizing sustainable mobility. The shift to New Energy Vehicles is no longer a distant goal—it is an urgent necessity to combat today’s pressing environmental challenges”, said Danish Khaliq, BYD Pakistan’s Vice President, Strategy and Sales.
- [Spotify Reports Q4 2024 Earnings](https://businessplus.com.pk/spotify-reports-q4-2024-earnings/) - Spotify released its Q4 2024 earnings, closing Q4 stronger than ever by outperforming across key metrics and celebrating the first full year of profitability. Spotify Reports Q4 2024 Earnings Spotify closes the quarter stronger than ever and celebrates its first full year of profitability. Spotify released its Q4 2024 earnings, closing Q4 stronger than ever by outperforming across key metrics and celebrating the first full year of profitability. By the end of December 2024, Spotify’s monthly active users (MAU) reached a record high of By the end of December 2024, Spotify’s monthly active users (MAU) reached a record high of 675 million, a 12% year-over-year surge. - Daniel Ek, Spotify Founder & CEO, said, “I am very excited about 2025 and feel really good about where we are as both a product and as a business.
- [Task Force Recommends Policy Changes to Stimulate Growth in Real Estate and Construction Sectors](https://businessplus.com.pk/task-force-recommends-policy-changes-to-stimulate-growth-in-real-estate-and-construction-sectors/) - The government has finalized a comprehensive set of proposals aimed at reviving Pakistan's real estate and construction sectors. These initiatives are designed to stimulate investment and create employment opportunities, thereby giving a significant boost to the economy. Task Force Recommends Policy Changes to Stimulate Growth in Real Estate and Construction Sectors The government has finalized a comprehensive set of proposals aimed at reviving Pakistan's real estate and construction sectors. These initiatives are designed to stimulate investment and create employment opportunities, thereby giving a significant boost to the economy. Developed by a specialized task force, the recommendations have been submitted to the Federal Board of Revenue (FBR) The government has finalized a comprehensive set of proposals aimed at reviving Pakistan's real estate and construction sectors.
- [Pakistan and Saudi Arabia Engage in Economic Talks at 'Made in Pakistan' Exhibition in Jeddah](https://businessplus.com.pk/pakistan-and-saudi-arabia-engage-in-economic-talks-at-made-in-pakistan-exhibition-in-jeddah/) - Federal Minister for Commerce, Jam Kamal Khan, held exclusive meetings with key Saudi officials to discuss strengthening economic ties and expanding trade and investment opportunities between the two nations on the sidelines of the ‘Made in Pakistan’ Exhibition and Business Forum in Jeddah. Pakistan and Saudi Arabia Engage in Economic Talks at 'Made in Pakistan' Exhibition in Jeddah Federal Minister for Commerce, Jam Kamal Khan, held exclusive meetings with key Saudi officials to discuss strengthening economic ties and expanding trade and investment opportunities between the two nations on the sidelines of the ‘Made in Pakistan’ Exhibition and Business Forum in Jeddah. Mr. Abdul Aziz Alsakran, Deputy Governor of the General Authority of Foreign Federal Minister for Commerce, Jam Kamal Khan, held exclusive meetings with key Saudi officials to discuss strengthening economic ties and expanding trade and investment opportunities between the two nations on the sidelines of the ‘Made in Pakistan’ Exhibition and Business Forum in Jeddah. - Mr. Abdul Aziz Alsakran, Deputy Governor of the General Authority of Foreign Trade, extended his congratulations to the Minister and the Government of Pakistan for orchestrating an outstanding trade event in the Kingdom.
- [Pakistan and Türkiye Discuss Collaborative Initiatives in IT, 5G, and AI](https://businessplus.com.pk/pakistan-and-turkiye-discuss-collaborative-initiatives-in-it-5g-and-ai/) - Minister of State for Information Technology and Telecommunication Shaza Fatima Khawaja and Türkiye’s Ambassador to Pakistan, Irfan Neziroglu discussed avenues for collaboration in information technology, 5G, and artificial intelligence (AI). Pakistan and Türkiye Discuss Collaborative Initiatives in IT, 5G, and AI Minister of State for Information Technology and Telecommunication Shaza Fatima Khawaja and Türkiye’s Ambassador to Pakistan, Irfan Neziroglu discussed avenues for collaboration in information technology, 5G, and artificial intelligence (AI). In a recent meeting, both Pakistan and Türkiye committed to enhancing their collaboration in digital transformation, e-governance, and smart technologies. The discussion underscored the impressive Minister of State for Information Technology and Telecommunication Shaza Fatima Khawaja and Türkiye’s Ambassador to Pakistan, Irfan Neziroglu discussed avenues for collaboration in information technology, 5G, and artificial intelligence (AI). - The discussions included potential business-to-business (B2B) cooperation between Pakistan’s National IT Board (NITB) and Türkiye’s TurkSat.
- [Meezan Bank and University of Karachi Sign MoU for Islamic Banking Faculty Development](https://businessplus.com.pk/meezan-bank-and-university-of-karachi-sign-mou-for-islamic-banking-faculty-development/) - The University of Karachi and Meezan Bank Limited signed a memorandum of understanding (MoU) to enhance faculty capacity in Islamic banking and finance. Meezan Bank and University of Karachi Sign MoU for Islamic Banking Faculty Development As per the MoU, Meezan Bank Limited has granted Rs.750,000 to the University of Karachi for its faculty capacity-building program to bolster the faculty’s expertise in Islamic banking and finance sectors. The University of Karachi and Meezan Bank Limited signed a memorandum of understanding (MoU) to enhance faculty capacity in Islamic banking and finance. Professor The University of Karachi and Meezan Bank Limited signed a memorandum of understanding (MoU) to enhance faculty capacity in Islamic banking and finance. - Senior Vice President of Meezan Bank Limited Shoeb Muhammad Shaikh mentioned that the bank encouraged and supported faculty research in Islamic finance through joint research projects and access to industry data.
- [Alsons Group Unveils Pakistan's First Advanced Ventilator](https://businessplus.com.pk/alsons-group-unveils-pakistans-first-advanced-ventilator/) - Federal Minister for Industries and Production, Rana Tanveer Hussain, Graces the Inauguration Ceremony of Alsons Group's Advanced ICU Ventilator, AlnnoVent AVB-100. Alsons Group Unveils Pakistan's First Advanced Ventilator Federal Minister for Industries and Production, Rana Tanveer Hussain, Graces the Inauguration Ceremony of Alsons Group's Advanced ICU Ventilator, AlnnoVent AVB-100. This milestone product launch represents a transformative step towards greater self-reliance in Pakistan’s healthcare sector. The AlnnoVent AVB-100 is designed to provide critical support to Intensive Care Units (ICUs), addressing the growing demand for The AlnnoVent AVB-100 is designed to provide critical support to Intensive Care Units (ICUs), addressing the growing demand for life-saving equipment. - Rana Tanveer Hussain concluded by underscoring the broader vision of continued investment in research, development, and infrastructure.
- [FPCCI Backs New Tax Incentives to Boost Real Estate Sector](https://businessplus.com.pk/fpcci-backs-new-tax-incentives-to-boost-real-estate-sector/) - Mr. Atif Ikram Sheikh, President FPCCI, has appreciated the proposed tax measures to facilitate investments into real estate and construction sectors by the general public as 4 percent tax rate on sale and purchase of property has been a major obstacle in the development and commercial activities. FPCCI Backs New Tax Incentives to Boost Real Estate Sector Mr. Atif Ikram Sheikh, President FPCCI, has appreciated the proposed tax measures to facilitate investments into real estate and construction sectors by the general public as 4 percent tax rate on sale and purchase of property has been a major obstacle in the development and commercial activities. Mr. Atif Ikram Sheikh added that the real estate sector has Mr. Atif Ikram Sheikh, President FPCCI, has appreciated the proposed tax measures to facilitate investments into real estate and construction sectors by the general public as 4 percent tax rate on sale and purchase of property has been a major obstacle in the development and commercial activities. - Mr. Atif Ikram Sheikh maintained that commercial banks should be encouraged to facilitate housing finance on a priority; the housing package must also include exempting overseas Pakistanis from withholding tax (WHT) and three floors of residential houses should be allowed in view housing needs of a population of 250 million.
- [ABHI and PayPeople Unite to Foster Better Workplace Wellness](https://businessplus.com.pk/abhi-and-paypeople-unite-to-foster-better-workplace-wellness/) - ABHI, a leading embedded finance platform in the MENAP region, has partnered with PayPeople, a leading name in HR and payroll solutions, to transform the way employees manage their financial needs. ABHI and PayPeople Unite to Foster Better Workplace Wellness ABHI, a leading embedded finance platform in the MENAP region, has partnered with PayPeople, a leading name in HR and payroll solutions, to transform the way employees manage their financial needs. This collaboration brings together PayPeople’s extensive reach and ABHI’s expertise in financial services to provide businesses with seamless access to financial wellness tools. Employees This collaboration brings together PayPeople’s extensive reach and ABHI’s expertise in financial services to provide businesses with seamless access to financial wellness tools. Employees will benefit from real-time access to their earned wages through Earned Wage Access (EWA), reducing financial stress and enabling greater financial stability. - This collaboration underscores ABHI’s commitment to delivering accessible and efficient financial solutions, empowering organizations to support their teams in achieving greater financial stability and peace of mind.
- [PTCL and MTronic set to redefine lifestyles by automating homes with cutting-edge IoT solutions](https://businessplus.com.pk/ptcl-and-mtronic-set-to-redefine-lifestyles-by-automating-homes-with-cutting-edge-iot-solutions/) - Country’s leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL), and smart home solutions provider, MTronic have entered into a strategic partnership to revolutionize living through cutting-edge Internet of Things (IoT) solutions. The collaboration aims to redefine lifestyles with a range of affordable, seamless, and user-friendly home technologies that deliver unprecedented convenience, home management, and a reduced carbon footprint. PTCL and MTronic set to redefine lifestyles by automating homes with cutting-edge IoT solutions Pakistan Telecommunication Company Limited (PTCL), and smart home solutions provider, MTronic have entered into a strategic partnership to revolutionize living through cutting-edge Internet of Things (IoT) solutions. The collaboration aims to redefine lifestyles with a range of affordable, seamless, and user-friendly home technologies that deliver unprecedented convenience, home management, and a reduced carbon footprint. Amad Pakistan Telecommunication Company Limited (PTCL), and smart home solutions provider, MTronic have entered into a strategic partnership to revolutionize living through cutting-edge Internet of Things (IoT) solutions. - The collaboration aims to redefine lifestyles with a range of affordable, seamless, and user-friendly home technologies that deliver unprecedented convenience, home management, and a reduced carbon footprint.
- [Sindh Cabinet Approves 45% Tax on Agricultural Income Exceeding Rs.5.6 Million in New Bill](https://businessplus.com.pk/sindh-cabinet-approves-45-tax-on-agricultural-income-exceeding-rs-5-6-million-in-new-bill/) - The Sindh Cabinet approved the Agriculture Income Tax law during its meeting, proposing that agricultural income up to Rs.600,000 annually will be exempt from tax, while the maximum tax rate for income exceeding Rs.5.6 million annually will be 45 percent. Sindh Cabinet Approves 45% Tax on Agricultural Income Exceeding Rs.5.6 Million in New Bill The Sindh Cabinet approved the Agriculture Income Tax law during its meeting, proposing that agricultural income up to Rs.600,000 annually will be exempt from tax, while the maximum tax rate for income exceeding Rs.5.6 million annually will be 45 percent. A progressive super tax has also been introduced, with no super tax on annual agricultural A progressive super tax has also been introduced, with no super tax on annual agricultural income up to Rs.150 million and a maximum of 10 percent super tax applying to income exceeding Rs.500 million annually. - The Bill states that agricultural income up to Rs.600,000 annually will be exempt from tax, while the maximum tax rate for income exceeding Rs.5.6 million annually will be 45 percent.
- [Mobile Phone Import Value Falls 7.46% to $733.425 Million Over Six Months](https://businessplus.com.pk/mobile-phone-import-value-falls-7-46-to-733-425-million-over-six-months/) - The import of mobile phones into the country has witnessed a decrease of 7.46 percent during the first six months of the current fiscal year (2024-25) as compared to the corresponding months of last year. Mobile Phone Import Value Falls 7.46% to $733.425 Million Over Six Months The import of mobile phones into the country has witnessed a decrease of 7.46 percent during the first six months of the current fiscal year (2024-25) as compared to the corresponding months of last year. Pakistan imported mobile phones worth US $ 733.425 million during July-December (2024-25) as compared to the imports of US $ Pakistan imported mobile phones worth US $ 733.425 million during July-December (2024-25) as compared to the imports of US $ 792.581 million during July-December (2023-24), according to the Pakistan Bureau of Statistics (PBS). - The import of mobiles into the country during December 2024 was recorded at $ 163.257 million against the exports of $176.063 million in December 2023.
- [Chinese Group to invest USD 340 Million in EV Market](https://businessplus.com.pk/chinese-group-to-invest-usd-340-million-in-ev-market/) - Pakistan’s electric vehicle (EV) sector has received a significant boost with a USD 340 million investment from a Chinese consortium. Chinese Group to invest USD 340 Million in EV Market Pakistan’s electric vehicle (EV) sector has received a significant boost with a USD 340 million investment from a Chinese consortium. The announcement was made during a press briefing in Karachi, where notable business figures, including Arif Habib, Zubair Tufail, Khalid Tawab, and Mirza Ishtiaq Baig, gathered to discuss the ambitious project. This substantial investment is This substantial investment is expected to accelerate the growth of the EV industry in Pakistan, paving the way for a more sustainable and environmentally friendly future in the country's transportation sector. - The investment aims to establish a manufacturing plant for electric vehicles (EVs) and install a nationwide network of charging stations. This joint initiative is being led by Pakistan’s Malik Group in partnership with China’s ADEN Group.
- [Task Force Suggests Scrapping CVT and Section 7E to Revive Real Estate Sector](https://businessplus.com.pk/task-force-suggests-scrapping-cvt-and-section-7e-to-revive-real-estate-sector/) - The Task Force for the development of the housing sector has recommended abolishing Section 7E of the Income Tax Ordinance and Capital Value Tax (CVT) in Islamabad. Additionally, they propose reducing transaction taxes on the buying and selling of immovable properties. Task Force Suggests Scrapping CVT and Section 7E to Revive Real Estate Sector The Task Force for the development of the housing sector has recommended abolishing Section 7E of the Income Tax Ordinance and Capital Value Tax (CVT) in Islamabad. Additionally, they propose reducing transaction taxes on the buying and selling of immovable properties. According to sources, the Task Force has finalized its short-term, medium-term, and long-term recommendations Currently, real estate transactions have dropped below 50% following increased tax rates, with many deals now occurring through power of attorney to avoid heavy taxation. The Federation and provinces have been urged to collectively work towards tax reductions in the upcoming budget. - The Task Force’s final recommendations include waiving the requirement for a 7E declaration and commissioner approval, introducing exemptions for properties valued up to Rs 10 million, shifting non-resident verification to an online NADRA system, and ensuring a uniform tax rate for filers and late filers.
- [Empowering Education: BARD Foundation’s Enduring Legacy at LUMS](https://businessplus.com.pk/empowering-education-bard-foundations-enduring-legacy-at-lums/) - LUMS and the Bilquis and Abdul Razak Dawood (BARD) Foundation are proud to announce the naming of the Descon Auditorium, a 100-seat facility located in the upcoming Yusuf H. Shirazi Complex at LUMS. Empowering Education: BARD Foundation’s Enduring Legacy at LUMS LUMS and the Bilquis and Abdul Razak Dawood (BARD) Foundation are proud to announce the naming of the Descon Auditorium, a 100-seat facility located in the upcoming Yusuf H. Shirazi Complex at LUMS. Made possible through the Foundation’s generous support, the auditorium will serve as a dynamic venue for lectures, discussions, and student activities, fostering LUMS and the Bilquis and Abdul Razak Dawood (BARD) Foundation are proud to announce the naming of the Descon Auditorium, a 100-seat facility located in the upcoming Yusuf H. Shirazi Complex at LUMS. - At the MoU signing ceremony, Abdul Razak Dawood said, “I want to thank our [Descon] executives—your efforts have made so much possible for LUMS. InshaAllah, we will continue to support LUMS for generations to come.
- [SECP Registers Record 3,442 Companies in January 2025 Marking 39% Growth](https://businessplus.com.pk/secp-registers-record-3442-companies-in-january-2025-marking-39-growth/) - The Securities and Exchange Commission of Pakistan (SECP) has achieved a historic milestone by incorporating the highest-ever number of companies i.e. 3,442 in a single month, reflecting a 39% increase compared to the monthly average of the previous year. SECP Registers Record 3,442 Companies in January 2025 Marking 39% Growth The Securities and Exchange Commission of Pakistan (SECP) has achieved a historic milestone by incorporating the highest-ever number of companies i.e. 3,442 in a single month, reflecting a 39% increase compared to the monthly average of the previous year. SECP Registers Record 3,442 Companies in January 2025, Showcasing Commitment to Business-Friendly Environment and Ease of SECP Registers Record 3,442 Companies in January 2025, Showcasing Commitment to Business-Friendly Environment and Ease of Doing Business in Pakistan. -
- [4th Pakistan Travel Mart Ends with Vibrant Cultural Showcase](https://businessplus.com.pk/4th-pakistan-travel-mart-ends-with-vibrant-cultural-showcase/) - The 4th edition of international travel and tourism event Pakistan Travel Mart (PTM) 2025 featuring exhibition stalls conferences and interactive sessions concluded on Sunday with dazzling cultural and traditional performances and different showdowns at Expo Center Karachi. 4th Pakistan Travel Mart Ends with Vibrant Cultural Showcase The 4th edition of international travel and tourism event Pakistan Travel Mart (PTM) 2025 featuring exhibition stalls conferences and interactive sessions concluded on Sunday with dazzling cultural and traditional performances and different showdowns at Expo Center Karachi. The airline companies, hotel industry and other stakeholders from about more than 20 countries participated in the PTM The airline companies, hotel industry and other stakeholders from about more than 20 countries participated in the PTM 2025.
- [DWP Technologies shines at DELL Partner Awards 2024 by winning best storage award](https://businessplus.com.pk/dwp-technologies-shines-at-dell-partner-awards-2024-by-winning-best-storage-award/) - DWP Technologies Pvt. Ltd. Solutions Business Unit, Pakistan’s leading technology experts and part of the DWP Group, has been honored with the prestigious Best Storage Award at the DELL Partner Awards 2024, hosted by Dell Technologies Pvt. Ltd. DWP Technologies shines at DELL Partner Awards 2024 by winning best storage award DWP Technologies Pvt. Ltd. Solutions Business Unit, Pakistan’s leading technology experts and part of the DWP Group, has been honored with the prestigious Best Storage Award at the DELL Partner Awards 2024, hosted by Dell Technologies Pvt. Ltd. This accolade celebrates DWP Technologies' outstanding achievement in delivering the best project win for storage solutions. The The award-winning project was executed for a leading integrated utility company in Pakistan that manages the generation, transmission, and distribution of energy. -
- [Asia-Pacific's Growth Spurs Record-Setting Year for Global Air Travel and Cargo in 2024](https://businessplus.com.pk/asia-pacifics-growth-spurs-record-setting-year-for-global-air-travel-and-cargo-in-2024/) - The International Air Transport Association (IATA) reported a 10.4% year-on-year increase in global demand for air travel in 2024, as measured by total revenue-passenger kilo-metres (RPK). Asia-Pacific's Growth Spurs Record-Setting Year for Global Air Travel and Cargo in 2024 The Asia-Pacific region contributed approximately 50% of the net increase in the movement of both passengers and goods. Global air passenger and cargo volumes posted record highs in 2024, with the Asia-Pacific contributing the most to the growth of the aviation industry. The International Air Transport Association (IATA) reported a 10.4% year-on-year increase in global The Asia-Pacific region contributed approximately 50% of the net increase in the movement of both passengers and goods. -
- [PTA reminds International Travelers to pay taxes of their mobile devices under DIRBS](https://businessplus.com.pk/pta-reminds-international-travelers-to-pay-taxes-of-their-mobile-devices-under-dirbs/) - The Pakistan Telecommunication Authority (PTA) reminds international travelers bringing mobile devices into Pakistan to fulfil their tax obligations as required by the Federal Board of Revenue (FBR) for device registration under the Device Identification, Registration, and Blocking System (DIRBS). PTA reminds international travelers to pay taxes of their mobile devices under DIRBS To facilitate international visitors, PTA provides a temporary registration option for short-term stays. The Pakistan Telecommunication Authority (PTA) reminds international travelers bringing mobile devices into Pakistan to fulfil their tax obligations as required by the Federal Board of Revenue (FBR) for device registration under the Device Identification, Registration, and Blocking System (DIRBS). Travelers intending to Travelers intending to stay beyond 120 days or seeking continuous mobile network access must formally register their devices and pay the relevant taxes mandated by the FBR. - International Travelers are strongly urged to complete device registration through DIRBS and settle FBR tax obligations promptly to avoid service disruptions.
- [Toyota Maintains World’s Top Automaker Title with 10.8 Million Sales in 2024](https://businessplus.com.pk/toyota-maintains-worlds-top-automaker-title-with-10-8-million-sales-in-2024/) - Toyota Motor Sells 10.8 Million Vehicles in 2024, Retaining World’s Top Automaker Title for Fifth Consecutive Year. The Japanese automaker posted a 3.7 percent drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors. Toyota Maintains World’s Top Automaker Title with 10.8 Million Sales in 2024 Toyota Motor Sells 10.8 Million Vehicles in 2024, Retaining World’s Top Automaker Title for Fifth Consecutive Year. The Japanese automaker posted a 3.7 percent drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors. The decline was largely due to a steep slump in sales Sales of Toyota’s parent-only vehicles, which include those of its namesake and Lexus brands, fell 1.4 percent from a year earlier in 2024 to 10.2 million vehicles due to a double-digit decline in Japan. - Toyota sold a record number of cars overall, thanks in part due to demand for its hybrid vehicles in the United States, it saw unit sales in China decline by 6.9 percent amid heavy price competition in the world’s top car market.
- [Sukuk's Growing Influence in Sustainable Finance Discussed at AlBaraka Forum](https://businessplus.com.pk/sukuks-growing-influence-in-sustainable-finance-discussed-at-albaraka-forum/) - The AlBaraka Forum for Islamic Economy, in collaboration with the Islamic Chamber of Commerce and Development (ICCD) and with the platinum partnership of Al Baraka Bank Pakistan, successfully concluded the 4th AlBaraka Forum Regional Conference on January 28th, 2024 at Marriott Hotel, Karachi, Pakistan, under the theme “Sukuk for Sustainable Development: International Best Practices”. This landmark event highlighted the transformative role of Islamic finance, particularly Sukuk, in driving sustainable economic growth. 4th AlBaraka Forum Regional Conference Highlights Sukuk's Role in Global Sustainable Finance The AlBaraka Forum for Islamic Economy, in collaboration with the Islamic Chamber of Commerce and Development (ICCD) and with the platinum partnership of Al Baraka Bank Pakistan, successfully concluded the 4th AlBaraka Forum Regional Conference on January 28th, 2024 at Marriott Hotel, Karachi, Pakistan, under the theme “Sukuk for Sustainable Development: International Best Practices”. This The AlBaraka Forum for Islamic Economy, in collaboration with the Islamic Chamber of Commerce and Development (ICCD) and with the platinum partnership of Al Baraka Bank Pakistan, successfully concluded the 4th AlBaraka Forum Regional Conference on January 28th, 2024 at Marriott Hotel, Karachi, Pakistan, under the theme “Sukuk for Sustainable Development: International Best Practices”. - The discussions at the event highlighted Sukuk’s pivotal role in financing environmentally and socially responsible projects, such as renewable energy and green infrastructure, aligning profitability with ethical investment.
- [ICCI declares 2025 as the year of Real Estate](https://businessplus.com.pk/icci-declares-2025-as-the-year-of-real-estate/) - The Islamabad Chamber of Commerce and Industry (ICCI) has declared 2025 as the “Year of Real Estate,” emphasizing the sector’s crucial role in Pakistan’s economic revival. ICCI declares 2025 as the year of Real Estate The Islamabad Chamber of Commerce and Industry (ICCI) has declared 2025 as the “Year of Real Estate,” emphasizing the sector’s crucial role in Pakistan’s economic revival. The announcement was made during a pre-launch event for an upcoming real estate expo at the S.M. Muneer Auditorium, attended by business leaders, policymakers, and key industry stakeholders. ICCI ICCI President Nasir Mansoor Qureshi highlighted that the real estate sector, valued at over $2 trillion, is one of the country’s largest contributors to employment and business opportunities. - Chairman of the Founder Group ICCI, Tariq Sadiq, addressed the challenges posed by excessive taxation on real estate transactions, welcoming recent government recognition of these issues.
- [CDC SR Introduces Pakistan’s First WhatsApp E-Voting Solution](https://businessplus.com.pk/cdc-sr-introduces-pakistans-first-whatsapp-e-voting-solution/) - CDC Share Registrar Services Limited, a wholly owned subsidiary of Central Depository Company of Pakistan Limited launched its latest innovation: E-Voting through WhatsApp. CDC SR Introduces Pakistan’s First WhatsApp E-Voting Solution CDC Share Registrar Services Limited, a wholly owned subsidiary of Central Depository Company of Pakistan Limited launched its latest innovation: E-Voting through WhatsApp. This revolutionary feature is set to redefine the electronic voting process, making it more accessible, efficient, and user-friendly for shareholders/members. By seamlessly integrating WhatsApp with the E-voting platform, CDCSR aims to enhance CDC Share Registrar Services Limited, a wholly owned subsidiary of Central Depository Company of Pakistan Limited launched its latest innovation: E-Voting through WhatsApp. -
- [LUMS develops case study on JazzCash's remarkable turnaround](https://businessplus.com.pk/lums-develops-case-study-on-jazzcashs-remarkable-turnaround/) - The Suleman Dawood School of Business (SDSB) at LUMS has developed another case study for its academic and executive programmes, focused on the successful turnaround of JazzCash. This case study highlights the power of disruption and innovation in today's rapidly evolving business landscape. LUMS develops case study on JazzCash's remarkable turnaround Continuing its efforts towards academia-industry collaboration, the Suleman Dawood School of Business (SDSB) at LUMS has developed another case study for its academic and executive programmes, focused on the successful turnaround of JazzCash. This case study highlights the power of disruption and innovation in today's rapidly evolving business landscape. SDSB has pioneered the use of Authored by SDSB faculty, Dr. M. Adeel Zaffar, Dr. Adnan Zahid and Dr. M. Shehryar Shahid, the case titled, JazzCash: Successful Fintech in an Emerging Market explores how the company navigated uncertainty and embraced disruption to transform into a leader in Pakistan’s fintech sector. Students will examine JazzCash's journey from a period of significant challenges to becoming the country’s largest fintech platform, focusing on the adaptability, innovation, and resilience that drove its success. - Murtaza Ali, President of JazzCash, expressed his appreciation for LUMS, stating, “Our transformation was fueled by a commitment to creating a sustainable business that offers real value to customers and society.
- [‘Turkish University Fair 2025’ opens doors for students, strengthening ties](https://businessplus.com.pk/turkish-university-fair-2025-opens-doors-for-students-strengthening-ties/) - Pak-Turk MAARIF International Schools and Colleges, in partnership with the Turkish Maarif Foundation (TMF) and the Turkish Embassy in Pakistan, is hosting the Turkish University Fair 2025. ‘Turkish University Fair 2025’ opens doors for students, strengthening ties Pak-Turk MAARIF International Schools and Colleges, in partnership with the Turkish Maarif Foundation (TMF) and the Turkish Embassy in Pakistan, is hosting the Turkish University Fair 2025. The event started from 10:00 AM to 4:00 PM and offers students a platform to explore higher education opportunities in Türkiye. Its third edition, the fair connects Pakistani Ten universities from Türkiye, including Bilkent University, Bogaziçi University, and METU Northern Cyprus Campus, are showcasing their programs. - Turkish Ambassador to Pakistan, Irfan Neziroglu, uggested expanding collaboration by organizing a similar fair in Türkiye featuring Pakistani universities, promoting a two-way academic exchange.
- [HBL Microfinance Bank Welcomes Maya Inayat Ismail as New Chairperson](https://businessplus.com.pk/hbl-microfinance-bank-welcomes-maya-inayat-ismail-as-new-chairperson/) - HBL Microfinance Bank (HBL MfB) announced the appointment of Maya Inayat Ismail as the Chairperson of the Board of Directors, succeeding Rayomond H. Kotwal. HBL Microfinance Bank Welcomes Maya Inayat Ismail as New Chairperson HBL Microfinance Bank (HBL MfB) announced the appointment of Maya Inayat Ismail as the Chairperson of the Board of Directors, succeeding Rayomond H. Kotwal. Maya Inayat Ismail was part of the core strategic team that established HBL MfB’s predecessor organization, FMFB, the first microfinance bank in Pakistan, bringing to life the Aga Khan’s vision of Maya Inayat Ismail was part of the core strategic team that established HBL MfB’s predecessor organisation, FMFB, the first microfinance bank in Pakistan, bringing to life the Aga Khan’s vision of ensuring access to financial services for underbanked communities. -
- [Spotify’s $10 Billion Milestone and a Decade of Getting the World to Value Music](https://businessplus.com.pk/spotifys-10-billion-milestone-and-a-decade-of-getting-the-world-to-value-music/) - In 2014, the music industry reached a low point when global recorded music revenues hit $13 billion. Spotify’s annual contribution at the time was around $1 billion, with around 15 million paying subscribers. In 2024, Spotify alone paid out a record $10 billion to the music industry — totaling nearly $60 billion since their founding. Spotify’s $10 Billion Milestone and a Decade of Getting the World to Value Music In 2014, the music industry reached a low point when global recorded music revenues hit $13 billion. Spotify’s annual contribution at the time was around $1 billion, with around 15 million paying subscribers. In 2024, Spotify alone paid out a record $10 billion to the music industry — totaling nearly $60 billion since their founding. Spotify’s annual contribution at the time was around $1 billion, with around 15 million paying subscribers. In 2024, Spotify alone paid out a record $10 billion to the music industry — totaling nearly $60 billion since their founding. - Spotify estimated that, in 2014, around 10,000 artists generated at least $10,000 per year on Spotify.
- [ABHI and TPL Corps complete acquisition of FINCA Microfinance Bank](https://businessplus.com.pk/abhi-and-tpl-corps-complete-acquisition-of-finca-microfinance-bank/) - ABHI and TPL Corps have officially completed the acquisition of FINCA Microfinance Bank Limited. The final signing ceremony took place in the presence of prominent leaders from both organizations and key stakeholders, including Omair Ansari, CEO of ABHI, Ali Jameel, CEO of TPL Corp Limited, and Jeffery Smith, Vice President - Chief Administrative Officer of FINCA. The event marked the formal conclusion of this strategic partnership, which aims to expand access to innovative financial solutions and accelerate financial inclusion across Pakistan. ABHI and TPL Corps complete acquisition of FINCA Microfinance Bank ABHI and TPL Corps have officially completed the acquisition of FINCA Microfinance Bank Limited. The final signing ceremony took place in the presence of prominent leaders from both organizations and key stakeholders, including Omair Ansari, CEO of ABHI, Ali Jameel, CEO of TPL Corp Limited, and Jeffery Smith, Vice President - Chief Administrative Officer of ABHI and TPL Corps have officially completed the acquisition of FINCA Microfinance Bank Limited. The final signing ceremony took place in the presence of prominent leaders from both organizations and key stakeholders, including Omair Ansari, CEO of ABHI, Ali Jameel, CEO of TPL Corp Limited, and Jeffery Smith, Vice President - Chief Administrative Officer of FINCA. The event marked the formal conclusion of this strategic partnership, which aims to expand access to innovative financial solutions and accelerate financial inclusion across Pakistan. - This acquisition enables ABHI to build upon a strong foundation, introducing a range of services, including gold backed loans, salary advances, savings accounts, and value-added offerings like bill payments.
- [Celebrate Chinese New Year 2025 with Zong 4G’s exclusive IDD Pak-China friendship bundles](https://businessplus.com.pk/celebrate-chinese-new-year-2025-with-zong-4gs-exclusive-idd-pak-china-friendship-bundles/) - Zong 4G is thrilled to continue its tradition of delivering outstanding calling offers and unforgettable experiences for our international callers. This Chinese New Year, stay connected with loved ones across the border with our exclusive IDD Pak-China Friendship Bundles. Enjoy seamless and affordable calls that bring you closer, no matter the distance. Celebrate Chinese New Year 2025 with Zong 4G’s exclusive IDD Pak-China friendship bundles Zong 4G is thrilled to continue its tradition of delivering outstanding calling offers and unforgettable experiences for our international callers. This Chinese New Year, stay connected with loved ones across the border with our exclusive IDD Pak-China Friendship Bundles. Enjoy seamless and affordable calls that bring you closer, no matter the distance. These exclusive offers These exclusive offers ensure that staying connected with loved ones in China has never been easier or more affordable. -
- [Dubai 2025: 25 Reasons Why It's the Ultimate Destination](https://businessplus.com.pk/dubai-2025-25-reasons-why-its-the-ultimate-destination/) - Dubai is a destination that constantly reinvents itself. Combining luxury, adventure, culture, and innovation, it's no wonder it tops travel bucket lists. Dubai 2025: 25 Reasons Why It's the Ultimate Destination Dubai is a destination that constantly reinvents itself. Combining luxury, adventure, culture, and innovation, it's no wonder it tops travel bucket lists. Here's why you should pack your bags and head to Dubai in 2025: A Playground of Luxurious HotelsStay at the Atlantis The Royal or Vida Creek Beach for a mix of luxury and Dubai is a destination that constantly reinvents itself. Combining luxury, adventure, culture, and innovation, it's no wonder it tops travel bucket lists. - Dubai is a city that doesn’t discriminate. Whether you’re a culture buff, shopaholic, foodie, or thrill-seeker, there’s something here for you.
- [Fashion icon, Hasnain Lehri joins Sonraj as creative head and brand ambassador](https://businessplus.com.pk/fashion-icon-hasnain-lehri-joins-sonraj-as-creative-head-and-brand-ambassador/) - Renowned fashion icon, model, and social media personality, Hasnain Lehri has joined luxury brand, Sonraj as Creative head and Executive brand ambassador. Fashion icon, Hasnain Lehri joins Sonraj as creative head and brand ambassador Renowned fashion icon, model, and social media personality, Hasnain Lehri has joined luxury brand, Sonraj as Creative head and Executive brand ambassador. The development signifies an important milestone in the evolving journey of Sonraj, which is synonymous with watches, perfumery, and accessories. Hasnain Lehri has remained a longstanding patron of Sonraj products, and he now Hasnain Lehri has remained a longstanding patron of Sonraj products, and he now brings his unparalleled expertise and distinctive style to this new role. - His appointment represents a significant milestone for Sonraj, reflecting the brand’s commitment to blending creativity.
- [PTCL Introduces Industry-First WhatsApp-Based Bill Payment Solution in Pakistan](https://businessplus.com.pk/ptcl-introduces-industry-first-whatsapp-based-bill-payment-solution-in-pakistan/) - Pakistan Telecommunication Company Limited (PTCL), the country's largest ICT services provider, has partnered with PayFast, a State Bank of Pakistan-licensed Payment Service Provider (PSP), to launch for the first time an innovative bill payment solution via WhatsApp. This cutting-edge service enables PTCL customers to view and pay their bills directly through WhatsApp, representing a major PTCL Introduces Industry-First WhatsApp-Based Bill Payment Solution in Pakistan Pakistan Telecommunication Company Limited (PTCL), the country's largest ICT services provider, has partnered with PayFast, a State Bank of Pakistan-licensed Payment Service Provider (PSP), to launch for the first time an innovative bill payment solution via WhatsApp. This cutting-edge service enables PTCL customers to view and pay their bills directly through WhatsApp, representing a major This cutting-edge service enables PTCL customers to view and pay their bills directly through WhatsApp, representing a major step forward in digital customer service for Pakistan’s telecom industry. - To complete a payment, customers have to enter their CNIC and account number, verify the transaction via OTP on their registered mobile numbers, and receive an instant receipt within the chat. In addition to bill payments, the PTCL WhatsApp bot offers features designed to improve the customer experience.
- [CDA to Boost Tourism with New Safari Park, Zip Lines, and Cable Cars](https://businessplus.com.pk/cda-to-boost-tourism-with-new-safari-park-zip-lines-and-cable-cars/) - Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa, has announced the launch of several major tourism projects in Islamabad. These initiatives are designed to elevate the city's status as a premier tourist destination. Aimed at enhancing the quality of life for residents and drawing more visitors to the capital, these projects are part of a broader vision for the city's development. CDA to Boost Tourism with New Safari Park, Zip Lines, and Cable Cars Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa, has announced the launch of several major tourism projects in Islamabad. These initiatives are designed to elevate the city's status as a premier tourist destination. Aimed at enhancing the quality of life for residents and drawing more visitors to the capital, these projects are part Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa, detailed plans to develop a safari park, zip lines, and cable cars. - These developments are part of a strategic initiative to tap into Islamabad's tourism potential.
- [KCCI Condemns State Bank's Token Interest Rate Cut as Ineffectual](https://businessplus.com.pk/kcci-condemns-state-banks-token-interest-rate-cut-as-ineffectual/) - President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani, while expressing strong disappointment over the State Bank of Pakistan's (SBP) decision to implement a nominal reduction of just 1 percent in the policy interest rate, criticized the move as insufficient to address the prevailing economic challenges and unlock the country's growth potential. KCCI Condemns State Bank's Token Interest Rate Cut as Ineffectual President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani, while expressing strong disappointment over the State Bank of Pakistan's (SBP) decision to implement a nominal reduction of just 1 percent in the policy interest rate, criticized the move as insufficient to address the prevailing economic challenges and unlock the country's growth potential. The The decision, according to President Bilwani, reflects a lack of urgency in addressing the critical financial and economic issues faced by businesses, particularly small and medium enterprises, across the country. “Despite Prime Minister’s assurances of bringing the interest rate down, the SBP has kept it to 12 percent, which the business community is unable to understand”, he added while referring to KCCI’s discussions with the Prime Minister on this particular issue. - He emphasized that the recent decline in inflationary pressures provided ample room for the State Bank to implement a more aggressive cut in interest rates.
- [Meezan Bank Introduces New FCY Debit Card for Freelancers and Exporters](https://businessplus.com.pk/meezan-bank-introduces-new-fcy-debit-card-for-freelancers-and-exporters/) - Meezan Bank, Pakistan’s leading Islamic bank, has announced the launch of its Foreign Currency (FCY) Debit Card for Pakistani exporters and freelancers who hold an Exporters’ Special Foreign Currency Account (ESFCA) with the Bank. Meezan Bank Introduces New FCY Debit Card for Freelancers and Exporters Meezan Bank, Pakistan’s leading Islamic bank, has announced the launch of its Foreign Currency (FCY) Debit Card for Pakistani exporters and freelancers who hold an Exporters’ Special Foreign Currency Account (ESFCA) with the Bank. Powered by Mastercard, the FCY Debit Card from Meezan Bank offers worldwide acceptance and simplifies international payments. It enhances the ease Powered by Mastercard, the FCY Debit Card from Meezan Bank offers worldwide acceptance and simplifies international payments. - Exporters and freelancers can now effortlessly access their ESFCA account for all types of payments, without requiring prior approval from the State Bank of Pakistan (SBP).
- [PBC Shares Fiscal Policy Suggestions with Finance Minister](https://businessplus.com.pk/pbc-shares-fiscal-policy-suggestions-with-finance-minister/) - A high-level delegation from the Pakistan Business Council (PBC) led by its Chairman, Shabbir Diwan called on Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb and his team to share ideas for a sound fiscal policy, serving long-term objectives of promoting investment, creating jobs, supporting exports and generating resources to achieve sustainable and equitable growth. PBC Shares Fiscal Policy Suggestions with Finance Minister A high-level delegation from the Pakistan Business Council (PBC) led by its Chairman, Shabbir Diwan called on Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb and his team to share ideas for a sound fiscal policy, serving long-term objectives of promoting investment, creating jobs, supporting exports and generating resources to achieve sustainable and equitable A high-level delegation from the Pakistan Business Council (PBC) led by its Chairman, Shabbir Diwan called on Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb and his team to share ideas for a sound fiscal policy, -
- [SBP Monetary Policy Committee Announces 100 bps Rate Cut to 12%](https://businessplus.com.pk/sbp-monetary-policy-committee-announces-100-bps-rate-cut-to-12/) - The Monetary Policy Committee (MPC) decided to cut the policy rate by 100 bps to 12 percent, effective from January 28, 2025. SBP Monetary Policy Committee Announces 100 bps Rate Cut to 12% The Monetary Policy Committee (MPC) decided to cut the policy rate by 100 bps to 12 percent, effective from January 28, 2025. The Committee noted that inflation continued to trend downward in line with expectations, reaching 4.1 percent y/y in December. This trend is driven by moderate domestic demand conditions and supportive supply-side dynamics, amidst The Committee noted that inflation continued to trend downward in line with expectations, reaching 4.1 percent y/y in December. - This trend is driven by moderate domestic demand conditions and supportive supply-side dynamics, amidst favorable base effect. Inflation is expected to come down further in January before inching up in the subsequent months.
- [CDNS achieves Rs.750 Billion savings target by January](https://businessplus.com.pk/cdns-achieves-rs-750-billion-savings-target-by-january/) - The Central Directorate of National Savings (CDNS) has realized a target of Rs.750 billion in fresh bonds and achieved 44 percent of the annual target for the first half of the current fiscal year, from July 1 to January 24. CDNS achieves Rs.750 Billion savings target by January The senior official revealed that the CDNS achieved an impressive Rs1.742 trillion in fresh bonds, surpassing 100% of the annual target for the fiscal year 2023-24, covering the period from July 1 to June 30. The Central Directorate of National Savings (CDNS) has realized a target of Rs.750 billion in fresh bonds and achieved 44 In response to a question, the senior official revealed that the CDNS achieved an impressive Rs1.742 trillion in fresh bonds, surpassing 100% of the annual target for the fiscal year 2023-24, covering the period from July 1 to June 30. - A senior CDNS official announced that the organization has set an ambitious annual target of Rs.1650 billion for the fiscal year 2024-25, aimed at fostering a robust saving culture in the country.
- [KCCI Calls for SBP to Align Monetary Policy Rate with Regional Benchmarks](https://businessplus.com.pk/kcci-calls-for-sbp-to-align-monetary-policy-rate-with-regional-benchmarks/) - President Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, has emphasized the pressing need for the State Bank of Pakistan (SBP) to align the nation’s key monetary policy rate with regional benchmarks to support economic growth and ease the burden on businesses. KCCI Calls for SBP to Align Monetary Policy Rate with Regional Benchmarks President Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, has emphasized the pressing need for the State Bank of Pakistan (SBP) to align the nation’s key monetary policy rate with regional benchmarks to support economic growth and ease the burden on businesses. Bilwani highlighted that instead of advocating for specific interest rate reductions, Bilwani highlighted that instead of advocating for specific interest rate reductions, which have often been overlooked, the Karachi Chamber urges policymakers to adopt a strategic approach by benchmarking Pakistan's key policy rate against neighboring countries, including China and India. - With the key policy rate at 13 percent, borrowing remains expensive, stifling growth, discouraging entrepreneurship, and limiting job creation.
- [Stay home, earn more as social media empowers youth](https://businessplus.com.pk/stay-home-earn-more-as-social-media-empowers-youth/) - The useful handling of social media platforms has empowered youth to earn sufficient money for supporting themselves and their families too. Stay home, earn more as social media empowers youth The useful handling of social media platforms has empowered youth to earn sufficient money for supporting themselves and their families too. Nowadays social media has emerged as an effective platform for generating income, offering numerous opportunities and businesses ideas. The positive use of social media can lead to financial awareness for youth who are in The useful handling of social media platforms has empowered youth to earn sufficient money for supporting themselves and their families too. -
- [PSW designated as FBR’s technology partner for ‘Web-Based One Customs’ system](https://businessplus.com.pk/psw-designated-as-fbrs-technology-partner-for-web-based-one-customs-system/) - The Federal Board of Revenue (FBR) and Pakistan Single Window (PSW), an integrated digital platform, recently signed an agreement aimed at digitalizing customs clearance processes. PSW designated as FBR’s technology partner for ‘Web-Based One Customs’ system This strategic partnership represented a critical milestone in the nation’s journey toward modernizing customs operations and enhancing trade efficiency across Pakistan’s borders. The Federal Board of Revenue (FBR) and Pakistan Single Window (PSW), an integrated digital platform, recently signed an agreement aimed at digitalizing customs clearance processes. Under the agreement, PSW has been appointed as Under the agreement, PSW has been appointed as the official technology partner of FBR. This partnership includes overseeing operations, maintenance, enhancement, and transformation of FBR's flagship Web-Based One Customs (WeBOC) system. -
- [Minister Seeks Swedish & EU Green Fund Aid for Green Vehicle Transition](https://businessplus.com.pk/minister-seeks-swedish-eu-green-fund-aid-for-green-vehicle-transition/) - Federal Minister for Power, Awais Ahmed Khan Leghari, has extended an invitation to the Swedish Green Fund to assist in converting Pakistan's small vehicles to electric technology. He seeks both technical and financial support for this initiative, which aligns with Pakistan's recent success in significantly reducing tariffs for electric vehicle charging stations. Minister Seeks Swedish & EU Green Fund Aid for Green Vehicle Transition Federal Minister for Power, Awais Ahmed Khan Leghari, has extended an invitation to the Swedish Green Fund to assist in converting Pakistan's small vehicles to electric technology. He seeks both technical and financial support for this initiative, which aligns with Pakistan's recent success in significantly reducing tariffs for electric vehicle charging stations. Explaining the current The Ambassador highlighted that Swedish companies operating in Pakistan are keen on securing a reliable green energy supply and emphasized Sweden’s readiness to share expertise and technological , support to Pakistan in this regard. Textile sector of Pakistan being one of primary exporter to EU, is being focused to make is globally competitive in terms of renewable and sustainable energy, the Ambassador further informed. - Awais Ahmed Khan Leghari while elaborating about the proposal for conversion of existing fossil fuel vehicles specially motorcycles, said that currently there are over 30 million motorcycles in Pakistan.
- [Hutchison Ports Announces Massive US$1 Billion Investment for Pakistani Ports](https://businessplus.com.pk/hutchison-ports-announces-massive-us1-billion-investment-for-pakistani-ports/) - A high-level delegation from Hutchison Ports, led by Andy Tsoi, Managing Director for the Middle East & Africa Division, met with Federal Minister for Maritime Affairs Qaiser Ahmed Shaikh and secretary Syed Zafar Ali Shah to share a proposed US$1 billion investment plan. Hutchison Ports Announces Massive US$1 Billion Investment for Pakistani Ports A high-level delegation from Hutchison Ports, led by Andy Tsoi, Managing Director for the Middle East & Africa Division, met with Federal Minister for Maritime Affairs Qaiser Ahmed Shaikh and secretary Syed Zafar Ali Shah to share a proposed US$1 billion investment plan. Hutchison Ports' Groundbreaking US$1 Billion Proposal, Including US$200 Million FDI, to Modernize The proposed investment focuses on upgrading Karachi International Container Terminal (KICT) and South Asia Pakistan Terminals Limited (SAPT) with advanced automation technologies, enhancing operational efficiency, and adopting eco-friendly solutions. - Hutchison Ports' Groundbreaking US$1 Billion Proposal, Including US$200 Million FDI, to Modernize Pakistan's Ports and Boost Global Trade Role.
- [Pak-Europe Maritime Service launched in Karachi](https://businessplus.com.pk/pak-europe-maritime-service-launched-in-karachi/) - The new service INX from Pakistan to Europe will ensure service will help timely and efficient delivery of Pakistani goods to the destined European ports and beyond. Pak-Europe Maritime Service launched in Karachi The weekly maritime service will commence its operations globally on February 5th with its first departure from the port city, Karachi. Speaking as the chief guest Vice Admiral Faisal Abbasi HI (M), SI (M), Commander Karachi, Pakistan Navy at the launching ceremony in a local hotel. He said Pakistan is constantly seeking international partnerships to The weekly maritime service will commence its operations globally on February 5th with its first departure from the port city, Karachi. -
- [PTCL Group and PPAF Celebrate Empowerment and Success Through Ba-Ikhtiar Project](https://businessplus.com.pk/ptcl-group-and-ppaf-celebrate-empowerment-and-success-through-ba-ikhtiar-project/) - The initiative is fostering financial independence and paving the way for sustainable growth of women entrepreneurs through building successful e-commerce stores. PTCL Group and PPAF Celebrate Empowerment and Success Through Ba-Ikhtiar Project Expansion to 20 Districts Marks a Major Milestone in Empowering Women Entrepreneurs Across Pakistan PTCL Group, in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), hosted an inspiring event to celebrate the remarkable achievements of women entrepreneurs empowered through the Ba-Ikhtiar Project under Group’s Social Impact platform ‘Dil Se’. The initiative is fostering financial independence Expansion to 20 Districts Marks a Major Milestone in Empowering Women Entrepreneurs Across Pakistan - PTCL Group is committed to empowering these women by supporting them in registering their startup and providing mentorship until they can run their business independently.
- [UBG Calls for Urgent Measures to Revitalize Construction Sector](https://businessplus.com.pk/ubg-calls-for-urgent-measures-to-revitalize-construction-sector/) - The Southern Zone of United Business Group (UBG) Vice Chairman (VC) Syed Mazhar Ali Nasir has called on the government to implement immediate measures to revitalize the construction and housing sector. UBG pushes for immediate measures to rejuvenate construction sector The Southern Zone of United Business Group (UBG) Vice Chairman (VC) Syed Mazhar Ali Nasir has called on the government to implement immediate measures to revitalize the construction and housing sector. This revival is seen as critical to preventing capital flight, unlocking a USD 100 billion investment potential, and supporting over 70 industries tied to This revival is seen as critical to preventing capital flight, unlocking a USD 100 billion investment potential, and supporting over 70 industries tied to construction. - VC Nasir emphasised that implementing these measures would not only revitalise the construction and housing sector but also contribute to broader economic growth, job creation, and increased foreign investment.
- [UAE Consul General Seeks to Boost Trade with Pakistan](https://businessplus.com.pk/uae-consul-general-seeks-to-boost-trade-with-pakistan/) - Consul General, Hussain Muhammad held a meeting with the new Board of Pakistan Business Council (PBC) Dubai at the Consulate General of Pakistan. UAE Consul General Seeks to Boost Trade with Pakistan Consul General, Hussain Muhammad held a meeting with the new Board of Pakistan Business Council (PBC) Dubai at the Consulate General of Pakistan. Shabbir Merchant, Chairman of the PBC introduced the newly inducted members and shared the council’s strategic roadmap for 2025-2026. He stated that PBC aims to strengthen the relationship between Pakistan and UAE Shabbir Merchant, Chairman of the PBC introduced the newly inducted members and shared the council’s strategic roadmap for 2025-2026. - The Consul General emphasized the need for business leaders to explore opportunities in Pakistan’s diverse sectors, including IT, manufacturing, agriculture and tourism.
- [NA IT Committee Approves Digital Nation Pakistan Act 2024](https://businessplus.com.pk/na-it-committee-approves-digital-nation-pakistan-act-2024/) - Chairman of the Committee, Syed Aminul Haque, stated that the Act aims to transform Pakistan into a Digital Nation by providing timely opportunities to enable a Digital Society, Digital Economy, and Digital Governance, in line with technological advancements. NA IT Committee Approves Digital Nation Pakistan Act 2024 Chairman of the Committee, Syed Aminul Haque, stated that the Act aims to transform Pakistan into a Digital Nation by providing timely opportunities to enable a Digital Society, Digital Economy, and Digital Governance, in line with technological advancements. Chairman Committee Syed Aminul Haque said that by leveraging the transformative power of Digital Technologies, responsible use Chairman Committee Syed Aminul Haque said that by leveraging the transformative power of Digital Technologies, responsible use of data, modern service delivery models, and strong digital public infrastructure, the people of Pakistan will be able to become a digital nation. - He said that many decisions and steps taken in the promotion of IT and telecommunication are hindered by departmental problems and red tape, but this Act will remove this significant obstacle.
- [Mastercard and foodpanda Partner to Drive Pakistan's Digital Economy Growth](https://businessplus.com.pk/mastercard-and-foodpanda-partner-to-drive-pakistans-digital-economy-growth/) - Mastercard has once again collaborated with foodpanda to boost digital payment in Pakistan and support the nation’s transition toward a cashless economy. Mastercard and foodpanda Partner to Drive Pakistan's Digital Economy Growth Mastercard has once again collaborated with foodpanda to boost digital payment in Pakistan and support the nation’s transition toward a cashless economy. According to data from the State Bank of Pakistan, currency in circulation (CIC) in the country increased by 11.2% during the first half of 2024. The partnership introduces initiatives designed to encourage the By leveraging foodpanda’s extensive network, Mastercard will drive awareness and usage of secure, rewarding payment options for millions of consumers across the country. - The partnership introduces initiatives designed to encourage the use of digital payment methods over cash on delivery (COD).
- [CM Maryam's New Business Finance Scheme Set to Transform Punjab](https://businessplus.com.pk/cm-maryams-new-business-finance-scheme-set-to-transform-punjab/) - Punjab Chief Minister Maryam Nawaz has unveiled the province's largest-ever business finance initiative. The CM announced an allocation of over Rs.84 billion for the Punjab Easy Business Finance Scheme and more than Rs.48 billion for the Punjab Easy Business Card Scheme. A substantial portion of these funds, exceeding Rs.36 billion, will be used to offer interest-free loans to eligible individuals. These loans, amounting to up to Rs.1 million each, are expected to benefit over 30 million people in Punjab. CM Maryam's New Business Finance Scheme Set to Transform Punjab Punjab Chief Minister Maryam Nawaz has unveiled the province's largest-ever business finance initiative. The CM announced an allocation of over Rs.84 billion for the Punjab Easy Business Finance Scheme and more than Rs.48 billion for the Punjab Easy Business Card Scheme. A substantial portion of these funds, exceeding Rs.36 billion, will be used to offer The CM announced an allocation of over Rs.84 billion for the Punjab Easy Business Finance Scheme and more than Rs.48 billion for the Punjab Easy Business Card Scheme. - A substantial portion of these funds, exceeding Rs.36 billion, will be used to offer interest-free loans to eligible individuals. These loans, amounting to up to Rs.1 million each, are expected to benefit over 30 million people in Punjab.
- [Sindh Govt. set to launch EV taxi network across the province](https://businessplus.com.pk/sindh-govt-set-to-launch-ev-taxi-network-across-the-province/) - The Sindh government has decided to launch an environmentally friendly EV taxi service and establish a regulatory authority to oversee its operations. Plans are also underway to develop a robust EV charging network across major urban and rural areas of the province. Sindh Govt. set to launch EV taxi network across the province The Sindh government has decided to launch an environmentally friendly EV taxi service and establish a regulatory authority to oversee its operations. Plans are also underway to develop a robust EV charging network across major urban and rural areas of the province. The senior minister highlighted plans to develop a central command and control system The senior minister directed officials to expedite preparations for the EV taxi service, ensuring the development of all necessary infrastructure, legal frameworks, and facilitation measures for investors. - Sharjeel Inam Memon further stated that a comprehensive EV charging network infrastructure is crucial to support the operation and expansion of the EV taxi service.
- [Cabinet Endorses Validation of Foreign Pilots’ Licenses in Pakistan](https://businessplus.com.pk/cabinet-endorses-validation-of-foreign-pilots-licenses-in-pakistan/) - Cabinet Division to extend the validation of licenses for 86 foreign pilots, currently working in Pakistan, by two years. Cabinet Endorses Validation of Foreign Pilots’ Licenses in Pakistan Cabinet Division to extend the validation of licenses for 86 foreign pilots, currently working in Pakistan, by two years. The Cabinet also approved the extension of foreign validation for new pilots who joined in 2025, granting it for a period of three years, according to the Prime Minister's Office Media Wing. During the meeting with Cabinet Division to extend the validation of licenses for 86 foreign pilots, currently working in Pakistan, by two years. - The Cabinet also approved the extension of foreign validation for new pilots who joined in 2025, granting it for a period of three years, according to the Prime Minister's Office Media Wing.
- [Textile Products Export Growth 9% in the Last Half-Year](https://businessplus.com.pk/textile-products-export-growth-9-in-the-last-half-year/) - Textile exports saw a notable 9.67% increase during the first half of the 2024-25 financial year, compared to the same period last year, according to the Pakistan Bureau of Statistics (PBS). Textile Products Export Growth 9% in the Last Half-Year Textile exports saw a notable 9.67% increase during the first half of the 2024-25 financial year, compared to the same period last year, according to the Pakistan Bureau of Statistics (PBS). The textile exports from the country were recorded at US $9,084.564 million during July-November (2024-25) against the exports of US $ 8,283.246 million during The textile commodities that contributed in trade growth included cotton cloth the export of which increased by 4.10 percent to $ 964.661 million from $926.677 million while the export of knitwear surged by 16.49 percent to $ 2,565.637 million from $ 2,202.526 million. - The exports of yarn other than cotton yarn also declined by 11 percent to $17.411 million from $19.562 million.
- [Trump to Impose 25% Tariffs on Mexico and Canada by February 1](https://businessplus.com.pk/trump-to-impose-25-tariffs-on-mexico-and-canada-by-february-1/) - President Donald Trump announced his intention to implement previously threatened tariffs of up to 25% on Mexico and Canada by February 1. He reiterated his stance that America's two closest neighbors are permitting the influx of undocumented migrants and drugs into the country. Trump to Impose 25% Tariffs on Mexico and Canada by February 1 Trump calls for universal tariffs to safeguard U.S. wealth from foreign business practices President Donald Trump announced his intention to implement previously threatened tariffs of up to 25% on Mexico and Canada by February 1. He reiterated his stance that America's two closest neighbors are permitting the influx of undocumented migrants and drugs into the President Donald Trump announced his intention to implement previously threatened tariffs of up to 25% on Mexico and Canada by February 1. He reiterated his stance that America's two closest neighbors are permitting the influx of undocumented migrants and drugs into the country. - The additional levies would hit about US$97 billion worth of auto parts and 4 million finished vehicles that come into the US from those countries, and could boost average new-car prices by about US$3,000, according to Wolfe Research.
- [CCP Approves 95.59% Acquisition of Alfalah Securities by Optimus Capital](https://businessplus.com.pk/ccp-approves-95-59-acquisition-of-alfalah-securities-by-optimus-capital/) - The Competition Commission of Pakistan (CCP) has approved the acquisition of a 95.59 percent shareholding in Alfalah Securities (Private) Limited (ASPL) by Optimus Capital Management (Private) Limited (OCMPL) under a Share Purchase Agreement, following a comprehensive competition assessment. CCP Approves 95.59% Acquisition of Alfalah Securities by Optimus Capital The Competition Commission of Pakistan (CCP) has approved the acquisition of a 95.59 percent shareholding in Alfalah Securities (Private) Limited (ASPL) by Optimus Capital Management (Private) Limited (OCMPL) under a Share Purchase Agreement, following a comprehensive competition assessment. The Competition Commission of Pakistan (CCP) identified the relevant product market as ‘brokerage services’, which includes the The Competition Commission of Pakistan (CCP) identified the relevant product market as ‘brokerage services’, which includes the full spectrum of services provided by equity brokers. - The assessment concluded that ASPL’s considerably low market share ensures that the transaction does not establish a dominant market position for OCMPL.
- [Jazz launches affordable UAE Data Roaming bundles](https://businessplus.com.pk/jazz-launches-affordable-uae-data-roaming-bundles/) - The bundles come in three convenient options: 1 GB for 7 days at Rs 999, 2 GB for 15 days at Rs 1799, and 5 GB for 30 days at Rs 4499. A standout feature is the unrestricted access to VoIP audio and video calling services like WhatsApp, BiP, Messenger, and FaceTime, addressing a common challenge for users of local UAE SIMs. Jazz launches affordable UAE Data Roaming bundles Jazz, Pakistan’s leading digital operator, has introduced affordable UAE Data Roaming Bundles, providing seamless connectivity for Pakistani travelers and the diaspora in the United Arab Emirates (UAE). These bundles eliminate the need for expensive foreign SIMs or complex eSIM setups, offering high-speed data at competitive rates to ensure a hassle-free travel experience. The bundles come The bundles come in three convenient options: 1 GB for 7 days at Rs.999, 2 GB for 15 days at Rs.1799, and 5 GB for 30 days at Rs.4499. A standout feature is the unrestricted access to VoIP audio and video calling services like WhatsApp, BiP, Messenger, and FaceTime, addressing a common challenge for users of local UAE SIMs. -
- [Islamabad and Rawalpindi See a Surge in Online Shopping Preferences](https://businessplus.com.pk/islamabad-and-rawalpindi-see-a-surge-in-online-shopping-preferences/) - The citizens of twin cities of Rawalpindi and Islamabad are getting more interest in online shopping to avoid spending more time and saving travelling expenses. Islamabad and Rawalpindi See a Surge in Online Shopping Preferences The citizens of twin cities of Rawalpindi and Islamabad are getting more interest in online shopping to avoid spending more time and saving travelling expenses. According to a survey conducted, the trend of online shopping was increasing in population particularly in women. Citizens claimed that this practice is more convenience, flexibility, with time-saving benefits. “Online According to a survey conducted, the trend of online shopping was increasing in population particularly in women. - “Online shopping gives me access to a global market, allowing to purchase products from retailers around the world and it’s also reduces the need of physical stores and transportation,” a customer Shahida Perveen said.
- [PSX and 1LINK Collaborate to Revolutionize Investor Book Building Process](https://businessplus.com.pk/psx-and-1link-collaborate-to-revolutionize-investor-book-building-process/) - Pakistan Stock Exchange Limited (PSX) and 1 LINK signed an Agreement between to Enhance Book building process for investors. PSX and 1LINK Collaborate to Revolutionize Investor Book Building Process Pakistan Stock Exchange Limited (PSX) and 1 LINK signed an Agreement between to Enhance Book building process for investors. This groundbreaking development will allow participants to make payments online in excess of Rs.1 million through the 1LINK 1BILL platform utilizing the revamped Book Building System (BBS) developed indigenously by PSX. The revamped system features advanced This groundbreaking development will allow participants to make payments online in excess of Rs 1 million through the 1LINK 1BILL platform utilizing the revamped Book Building System (BBS) developed indigenously by PSX. - The revamped system features advanced functionalities with a user-friendly interface capable of catering to multiple Book Buildings simultaneously for all market participants.
- [Telenor and TAAP Introduce Travel SIM for Global Travelers](https://businessplus.com.pk/telenor-and-taap-introduce-travel-sim-for-global-travelers/) - This strategic collaboration empowers travel agents to offer Telenor’s cutting-edge Travel SIM solutions as part of their travel packages, ensuring a seamless communication experience for travelers going outside Pakistan, while using Telenor’s roaming services. Telenor and TAAP Introduce Travel SIM for Global Travelers Telenor Pakistan has signed an MoU with the Travel Agents Association of Pakistan (TAAP), the country’s foremost body for travel and tour operators, to redefine how travelers experience connectivity outside of Pakistan. This strategic collaboration empowers travel agents to offer Telenor’s cutting-edge Travel SIM solutions as part of their travel packages, ensuring a seamless communication This strategic collaboration empowers travel agents to offer Telenor’s cutting-edge Travel SIM solutions as part of their travel packages, ensuring a seamless communication experience for travelers going outside Pakistan, while using Telenor’s roaming services. - Travel SIM is designed to simplify travel while providing uninterrupted connectivity. Special attention has been given to creating exclusive bundles for spiritual journeys such as Umrah, alongside solutions for travelers heading to destinations in the Far East, Middle East, United States, and Europe.
- [Pakistan's Industrial Growth Dips by 1.25%](https://businessplus.com.pk/pakistans-industrial-growth-dips-by-1-25/) - The Pakistan Bureau of Statistics (PBS) reported that during the first five months of the current fiscal year, the Large Scale Manufacturing Industries (LSMI) in Pakistan experienced a negative growth of 1.25 percent compared to the same period last year. Pakistan's Industrial Growth Dips by 1.25% The Pakistan Bureau of Statistics (PBS) reported that during the first five months of the current fiscal year, the Large Scale Manufacturing Industries (LSMI) in Pakistan experienced a negative growth of 1.25 percent compared to the same period last year. The LSM also dipped by 3.81 percent on year-on-year basis (YoY) in November 2024 when The production in July-November 2024-25 as compared to July-November 2023-24 has increased in Food, Tobacco, Textile, wearing apparel, Automobiles and Other Transport Equipment while it decreased in Coke & Petroleum Products, Chemical Products, Non-Metallic Mineral Products, Iron & Steel Products, Electrical Equipment, Machinery and Equipment, and Furniture. - The LSM also dipped by 3.81 percent on year-on-year basis (YoY) in November 2024 when compared to the same month of last year and 1.19 percent on month-on-month (MoM) basis when compared to October 2024.
- [VEON Announces Aamir Ibrahim as New Group Executive Committee Member](https://businessplus.com.pk/veon-announces-aamir-ibrahim-as-new-group-executive-committee-member/) - Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank, has joined the Group Executive Committee (GEC) of VEON in addition to his current responsibilities of heading all VEON businesses in Pakistan. His appointment to the GEC will further strengthen VEON’s strategic alignment to its markets and enable Aamir to contribute further to the VEON Announces Aamir Ibrahim as New Group Executive Committee Member Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank, has joined the Group Executive Committee (GEC) of VEON in addition to his current responsibilities of heading all VEON businesses in Pakistan. His appointment to the GEC will further strengthen VEON’s strategic alignment to its markets and enable Aamir to contribute further to the His appointment to the GEC will further strengthen VEON’s strategic alignment to its markets and enable Aamir to contribute further to the Group’s ambitious digital services-driven growth plans. - Commenting on the appointment, VEON Group CEO Kaan Terzioglu said: “I’m delighted to welcome Aamir to the GEC. Aamir, who has transformed our financial services in Pakistan into a game-changer for the country, will bring in the experience of our Pakistan operations as the Group sponsor of our financial services businesses.
- [Pakistan's Foreign Reserves surge to $16.45 Billion](https://businessplus.com.pk/pakistans-foreign-reserves-surge-to-16-45-billion/) - According to a report by the State Bank of Pakistan (SBP) on January 10, 2025, the country's total liquid foreign reserves totaled US$ 16,450.9 million. Pakistan's Foreign Reserves surge to $16.45 Billion According to a report by the State Bank of Pakistan (SBP) on January 10, 2025, the country's total liquid foreign reserves totaled US$ 16,450.9 million. According to breakup figures, foreign reserves held by the SBP stood at US$ 11,725.0 million whereas the net foreign reserves held by commercial banks were recorded at US$ 4,725.9 million. According to breakup figures, foreign reserves held by the SBP stood at US$ 11,725.0 million whereas the net foreign reserves held by commercial banks were recorded at US$ 4,725.9 million. - During the week ended on January 10, 2025, SBP reserves increased by US$ 30 million to US$ 11,725.0 million.
- [Finance minister for timely implementation of Energy Vehicle Policy](https://businessplus.com.pk/finance-minister-for-timely-implementation-of-energy-vehicle-policy/) - Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb stressed the importance of the timely development and implementation of the New Energy Vehicle (NEV) Policy 2025-30. Finance minister for timely implementation of Energy Vehicle Policy Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb stressed the importance of the timely development and implementation of the New Energy Vehicle (NEV) Policy 2025-30. The NEV policy aims to address key challenges in the adoption and production of electric vehicles (EVs) and sets ambitious targets for transitioning to clean energy in the transport The NEV policy aims to address key challenges in the adoption and production of electric vehicles (EVs) and sets ambitious targets for transitioning to clean energy in the transport sector. - Secretary Industries and Production gave a detailed presentation, outlining the current state of the electric vehicle industry. The presentation emphasized policy interventions to ensure smooth adoption of NEVs in line with national priorities.
- [Apple Slips from Top Spot to Third in China's 2024 Smartphone Market](https://businessplus.com.pk/apple-slips-from-top-spot-to-third-in-chinas-2024-smartphone-market/) - Apple was dethroned as China’s biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined by 17%, according to data from research firm Canalys. Apple Slips from Top Spot to Third in China's 2024 Smartphone Market The decline also highlights how the lack of artificial intelligence capabilities in the latest iPhones sold in China, where ChatGPT is unavailable, is diminishing Apple's competitiveness. Apple was dethroned as China’s biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined by Throughout the year, budget smartphone maker Vivo captured a 17% market share in China, followed closely by premium rival Huawei with 16% and Apple with 15%.
- [LMKR Partners with LG&HTP to Modernize Karachi’s Property Tax System](https://businessplus.com.pk/lmkr-partners-with-lghtp-to-modernize-karachis-property-tax-system/) - LMKR is building a comprehensive system to modernize Karachi’s Urban Immovable Property Tax Administration System (UIPT-MIS). Signed on Dec. 20, 2024, with Local Government & Housing Town Planning (LG&HTP) Department under the World Bank-funded CLICK initiative, the agreement is part of the Government of Sindh’s efforts to improve transparency and efficiency in tax operations. LMKR Partners with LG&HTP to Modernize Karachi’s Property Tax System LMKR is building a comprehensive system to modernize Karachi’s Urban Immovable Property Tax Administration System (UIPT-MIS). Signed on Dec. 20, 2024, with Local Government & Housing Town Planning (LG&HTP) Department under the World Bank-funded CLICK initiative, the agreement is part of the Government of Sindh’s efforts to improve transparency and efficiency in tax operations. With With proven expertise in enterprise solutions and GIS technology, LMKR will develop and implement a comprehensive Management Information System (MIS) and a GIS-based mobile data collection application. - A centralized platform will streamline operations, while taxpayers gain convenient self-service options to view tax information, bills, and payment statuses.
- [Zong 4G partnered with Park View City to provide seamless connectivity](https://businessplus.com.pk/zong-4g-partnered-with-park-view-city-to-provide-seamless-connectivity/) - Zong 4G, Pakistan’s leading telecom and digital services provider, has entered a strategic partnership with Park View City to deliver advanced technology solutions, aiming to transform Park View City into a model for smart and digitally connected living. Zong 4G partnered with Park View City to provide seamless connectivity Zong 4G, Pakistan’s leading telecom and digital services provider, has entered a strategic partnership with Park View City to deliver advanced technology solutions, aiming to transform Park View City into a model for smart and digitally connected living. Under this partnership, Zong Business Solutions will initially offer customized technology services such as DICT & Cloud. This MoU marks a significant step towards fostering smart community living, further establishing Zong and Park View City as leaders in driving Pakistan’s digital transformation. - This initiative underscores Zong 4G’s commitment to fostering a digitally integrated lifestyle for both businesses and residents, reinforcing its position as a leader in digital connectivity across Pakistan.
- [Rs.30 Per Unit Power Tariff Slash for EV Sector Announced by PM to Encourage Investment](https://businessplus.com.pk/rs-30-per-unit-power-tariff-slash-for-ev-sector-announced-by-pm-to-encourage-investment/) - Prime Minister Muhammad Shehbaz Sharif hailed the drastic reduction of Rs30 per unit in power tariff for electric vehicles (EVs) as a propitious step for the sector to boost the emission-less and eco-friendly vehicles in the country. Rs.30 Per Unit Power Tariff Slash for EV Sector Announced by PM to Encourage Investment Under the new rules, particularly charging station registration and business licenses would be issued within 15 days. The meeting highlighted that regulations for setting up EV charging stations and battery replacement points have been simplified to encourage investment. Prime Minister Muhammad Shehbaz Sharif hailed the drastic reduction of Rs30 per unit in power tariff for Under the new rules, particularly charging station registration and business licenses would be issued within 15 days. - The policy aims to decrease the country’s dependence on fossil fuels, saving substantial foreign exchange, reduce harmful emissions, thereby mitigating air pollution, open new avenues for profitable businesses and attract local and foreign investments and create numerous employment opportunities, boosting the national economy.
- [InfraZamin Pakistan and HABIBMETRO Partner to Provide a Structured PKR 800mn Guaranteed Trade Finance Facility to Jaffer Business Systems](https://businessplus.com.pk/infrazamin-pakistan-and-habibmetro-partner-to-provide-a-structured-pkr-800mn-guaranteed-trade-finance-facility-to-jaffer-business-systems/) - InfraZamin Pakistan (IZP), has successfully issued its first short-term guarantee of PKR 600m against a PKR 800M Trade Finance Facility by HABIBMETRO for Jaffer Business Systems. The groundbreaking facility will support Jaffer Business Systems (JBS), an established technology and business solutions provider, to expand its business in digital and IT infrastructure solutions. InfraZamin Pakistan and HABIBMETRO Partner to Provide a Structured PKR 800mn Guaranteed Trade Finance Facility to Jaffer Business Systems InfraZamin Pakistan (IZP), has successfully issued its first short-term guarantee of PKR 600m against a PKR 800M Trade Finance Facility by HABIBMETRO for Jaffer Business Systems. The groundbreaking facility will support Jaffer Business Systems (JBS), an established technology and business solutions provider, to expand its business in digital and IT infrastructure solutions. This guarantee structure The groundbreaking facility will support Jaffer Business Systems (JBS), an established technology and business solutions provider, to expand its business in digital and IT infrastructure solutions.- The facility will enable JBS to deliver quick IT equipment, infrastructure and solutions to its client base, particularly banks and large multinationals, and contribute significantly to Pakistan’s economic and digital growth.
- [Car Sales Increase 51% to 46,398 Units in Second Half of the Year](https://businessplus.com.pk/car-sales-increase-51-to-46398-units-in-second-half-of-the-year/) - The Pakistan Automobile Manufacturing Association (PAMA) has reported a significant increase in car sales during the first six months of the current financial year 2024-25. Sales figures show a remarkable 51.32 percent increase compared to the same period last year. Car Sales Increase 51% to 46,398 Units in Second Half of the YearThe Pakistan Automobile Manufacturing Association (PAMA) has reported a significant increase in car sales during the first six months of the current financial year 2024-25. Sales figures show a remarkable 51.32 percent increase compared to the same period last year. According to the data, 46,398 cars were sold during the months under review, compared to Toyota Corolla and Yaris cars sales increased by 82.47 percent as it went up to 9,633 units from 5,279 units in the previous year.- Suzuki Swift’s sales also rose by 60.71 percent as its sales surged from 2,230 units to 3,584 units this year.
- [PM aims for $25 Billion export growth with improved IT infrastructure in Five Years](https://businessplus.com.pk/pm-aims-for-25-billion-export-growth-with-improved-it-infrastructure-in-five-years/) - The ongoing consultation on the National AI Policy is progressing well and is expected to be presented for approval next month. PM aims for $25 Billion export growth with improved IT infrastructure in Five YearsThe ongoing consultation on the National AI Policy is progressing well and is expected to be presented for approval next month. The prime minister directed the relevant authorities to simplify further the current Right of Way rules to promote broadband services through fiber optics in the country. On the recommendation of PSEB, the prime minister The ongoing consultation on the National AI Policy is progressing well and is expected to be presented for approval next month.- On the recommendation of PSEB, the prime minister instructed the issuance of visas within 24 hours for foreign businesspersons seeking services from Pakistani IT companies.
- [New Agreements with 14 IPPs approved by government to cut Electricity Costs](https://businessplus.com.pk/new-agreements-with-14-ipps-approved-by-government-to-cut-electricity-costs/) - The federal cabinet has given its approval to the power division's recommendation to revise the negotiated settlement agreements with 14 Independent Power Producers (IPPs). This strategic move aims to significantly reduce electricity costs and is expected to save the national exchequer a substantial Rs.1.4 trillion. New Agreements with 14 IPPs approved by government to cut Electricity CostsThe federal cabinet has given its approval to the power division's recommendation to revise the negotiated settlement agreements with 14 Independent Power Producers (IPPs). This strategic move aims to significantly reduce electricity costs and is expected to save the national exchequer a substantial Rs.1.4 trillion. Following discussions with the 14 Independent Power Producers (IPPs) under This strategic move aims to significantly reduce electricity costs and is expected to save the national exchequer a substantial Rs.1.4 trillion.- These revised agreements are projected to save the government Rs.1.4 trillion over their applicable duration, with annual savings of Rs.137 billion, that will benefit power consumers, the meeting was informed.
- [Jubilee Life Insurance Hosts Graduation Ceremony for its 2024 Batch of Tech Graduates](https://businessplus.com.pk/jubilee-life-insurance-hosts-graduation-ceremony-for-its-2024-batch-of-tech-graduates/) - Jubilee Life Insurance, Pakistan’s largest private sector insurance company, hosted its second graduation ceremony for the 2024 batch of 'Tech Graduates' at Beach Luxury Hotel Karachi. The event celebrated the achievements of the latest cohort of Tech Management Trainees, who have successfully completed their year-long journey of learning, innovation, and professional development within the organization. Jubilee Life Insurance Hosts Graduation Ceremony for its 2024 Batch of Tech GraduatesJubilee Life Insurance, Pakistan’s largest private sector insurance company, hosted its second graduation ceremony for the 2024 batch of 'Tech Graduates' at Beach Luxury Hotel Karachi. The event celebrated the achievements of the latest cohort of Tech Management Trainees, who have successfully completed their year-long journey of learning, innovation, and professional development within the organization. The 2024 batch was actively involved in transformative projects within the IT department, bringing innovative solutions to the forefront under expert mentorship. - The program is designed to empower fresh talent in the field of technology, enabling seamless connectivity and collaboration across departments while strengthening Jubilee Life Insurance’s technological standing, establishing a fresh precedent in the insurance sector.
- [Global EV Sales Surge Beyond 17 Million Units in 2024](https://businessplus.com.pk/global-ev-sales-surge-beyond-17-million-units-in-2024/) - Global sales of fully electric and plug-in hybrid vehicles surged by 25% last year, reaching over 17 million cars. This growth was driven by a fourth consecutive month of record sales in December, with strong market performance in China and stabilization in Europe, according to recent data. Global EV Sales Surge Beyond 17 Million Units in 2024Global sales of fully electric and plug-in hybrid vehicles surged by 25% last year, reaching over 17 million cars. This growth was driven by a fourth consecutive month of record sales in December, with strong market performance in China and stabilization in Europe, according to recent data. Incentives and emission targets propelled electric vehicle (EV) This growth was driven by a fourth consecutive month of record sales in December, with strong market performance in China and stabilization in Europe, according to recent data.- Electric car makers look into 2025 as a transformative year as China’s sales growth slows, new emissions targets are setting off in Europe, and questions surround potential US policy changes under the incoming Trump administration.
- [Pakistan to Issue Panda Bonds by June, Finance Minister](https://businessplus.com.pk/pakistan-to-issue-panda-bonds-by-june-finance-minister/) - Federal Minister for Finance and Revenue, Muhammad Aurangzeb, announced that Pakistan will issue Yuan-denominated Panda Bonds as early as June, aiming to further integrate its capital markets with China's. Pakistan to Issue Panda Bonds by June, Finance MinisterThe minister stated that Pakistan has followed Egypt's example by issuing yuan bonds, bolstered by improved credit ratings from the Beijing-led Asian Infrastructure Investment Bank (AIIB). Federal Minister for Finance and Revenue, Muhammad Aurangzeb, announced that Pakistan will issue Yuan-denominated Panda Bonds as early as June, aiming to further integrate its capital markets with China's. The minister noted that Pakistan has taken a cue from Egypt by issuing yuan bonds, supported by enhanced credit ratings from the Beijing-led Asian Infrastructure Investment Bank (AIIB).- In an interview with the South China Morning Post (SCMP), the minister assured greater cooperation with Beijing on the next phase of the China–Pakistan Economic Corridor (CPEC), a key initiative aimed at boosting bilateral trade and investment.
- [Bangladesh and Pakistan Sign MoU to establish joint Business Council at Dhaka Business Forum](https://businessplus.com.pk/bangladesh-and-pakistan-sign-mou-to-establish-joint-business-council-at-dhaka-business-forum/) - Mr. Atif Ikram Sheikh, President of FPCCI, announced that the Pakistani trade delegation, under the leadership of FPCCI, actively participated in the Bangladesh – Pakistan Business Forum held in Dhaka. The event was organized by the Federation of Bangladesh Chambers of Commerce & Industries (FBCCI). Bangladesh and Pakistan Sign MoU to establish joint Business Council at Dhaka Business ForumMr. Atif Ikram Sheikh, President of FPCCI, announced that the Pakistani trade delegation, under the leadership of FPCCI, actively participated in the Bangladesh – Pakistan Business Forum held in Dhaka. The event was organized by the Federation of Bangladesh Chambers of Commerce & Industries (FBCCI). Mr. Atif Ikram Sheikh further elaborated that the business forum Mr. Atif Ikram Sheikh noted that the Pakistani exporters have received initial order of 25,000 metric tonnes of sugar and raw fabric demand from Bangladesh is so sizeable that there is a dearth of the same in Faisalabad. - Mr. Muhammad Hafizur Rahman said that there is ample scope for the two countries to work closely in sectors such as energy, education, technology, human resources development, research and innovation to meet the challenges of the fourth industrial revolution.
- [SBP Governor urges enhanced Financial Inclusion with all stakeholders](https://businessplus.com.pk/sbp-governor-urges-enhanced-financial-inclusion-with-all-stakeholders/) - Governor, State Bank of Pakistan, Jameel Ahmad, reaffirmed the central bank’s dedication to increasing financial inclusion through strengthened collaborations with both global and domestic stakeholders. SBP Governor urges enhanced Financial Inclusion with all stakeholdersGovernor, State Bank of Pakistan, Jameel Ahmad, reaffirmed the central bank’s dedication to increasing financial inclusion through strengthened collaborations with both global and domestic stakeholders. In a meeting with Dr. Alfred Hannig, Chief Executive Officer of the Alliance for Financial Inclusion (AFI), the SBP Governor highlighted the recently launched 3rd edition of the National Financial In a meeting with Dr. Alfred Hannig, Chief Executive Officer of the Alliance for Financial Inclusion (AFI), the SBP Governor highlighted the recently launched 3rd edition of the National Financial Inclusion Strategy (NFIS) 2024-28. - The meeting also explored opportunities to further strengthen institutional collaboration in areas of digital payments, financial literacy, sustainable finance and MSMEs financing.
- [Suparco to launch Indigenous EO-1 Satellite on January 17](https://businessplus.com.pk/suparco-to-launch-indigenous-eo-1-satellite-on-january-17/) - Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) has announced the upcoming launch of Pakistan’s Indigenous Electro-Optical (EO-1) Satellite from Jiuquan Satellite Launch Centre (JSLC), China, on January 17. Suparco to launch Indigenous EO-1 Satellite on January 17Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) has announced the upcoming launch of Pakistan’s Indigenous Electro-Optical (EO-1) Satellite from Jiuquan Satellite Launch Centre (JSLC), China, on January 17. SUPARCO, the launch of the indigenous EO-1 mission reflects SUPARCO’s dedication and expertise in advancing Pakistan’s technological capabilities in space science and innovation. This indigenously developed This indigenously developed satellite represents a significant achievement in Pakistan’s space technology journey and is poised to enhance the country’s ability to monitor and manage natural resources, predict and respond to natural disasters, support food security, and drive economic growth through informed decision-making and sustainable development.- The EO-1 satellite offers substantial benefits across various sectors in Pakistan. In agriculture, it will enable precision farming by monitoring crops, assessing irrigation needs, predicting yields, and supporting food security initiatives.
- [Bangladesh Visit by FPCCI Delegation to Boost Bilateral Trade](https://businessplus.com.pk/bangladesh-visit-by-fpcci-delegation-to-boost-bilateral-trade/) - Convener of the Federation of Pakistan Chamber of Commerce and Industry’s regional committee on Food, Shahid Imran praised the timely decision by FPCCI to send a Pakistani business delegation to Bangladesh, which he believed will enhance the long-awaited trade volume between the two countries. Bangladesh Visit by FPCCI Delegation to Boost Bilateral TradeConvener of the Federation of Pakistan Chamber of Commerce and Industry’s regional committee on Food, Shahid Imran praised the timely decision by FPCCI to send a Pakistani business delegation to Bangladesh, which he believed will enhance the long-awaited trade volume between the two countries. Speaking to a delegation of traders led by Mian Azhar Shoukat, The delegation will engage in business-to-business (B2B) interactions, explore joint ventures and investment opportunities, and facilitate knowledge exchange on trade policies and regulations. - The delegation’s focus will be on showcasing Pakistan’s strengths in textiles, surgical instruments, and agriculture, while exploring Bangladesh’s strengths in ready-made garments and ICT.

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- [Deutsche Börse AG (DBAG)](https://businessplus.com.pk/tag/deutsche-borse-ag-dbag/)
- [exclusive licensor of PSX Market Data](https://businessplus.com.pk/tag/exclusive-licensor-of-psx-market-data/)
- [#SalamKissan](https://businessplus.com.pk/tag/salamkissan/)
- [4 million views in 2 days](https://businessplus.com.pk/tag/4-million-views-in-2-days/)
- [fractionalization of real estate assets](https://businessplus.com.pk/tag/fractionalization-of-real-estate-assets/)
- [Artificial Intelligence in Health Sciences](https://businessplus.com.pk/tag/artificial-intelligence-in-health-sciences/)
- [new rider kit](https://businessplus.com.pk/tag/new-rider-kit/)
- [realme’s entry-level C-Series](https://businessplus.com.pk/tag/realmes-entry-level-c-series/)
- [brand’s slogan ‘Dare to Leap’](https://businessplus.com.pk/tag/brands-slogan-dare-to-leap/)
- [32 million C-Series sales worldwide](https://businessplus.com.pk/tag/32-million-c-series-sales-worldwide/)
- [National Farmer Day at the Dubai Expo 2020](https://businessplus.com.pk/tag/national-farmer-day-at-the-dubai-expo-2020/)
- [visitors from more than 180 counties](https://businessplus.com.pk/tag/visitors-from-more-than-180-counties/)
- [Dubai Shopping Festival](https://businessplus.com.pk/tag/dubai-shopping-festival/)
- [Skywards millionaire](https://businessplus.com.pk/tag/skywards-millionaire/)
- [Emirates Skywards](https://businessplus.com.pk/tag/emirates-skywards/)
- [Artificial Intelligence (AI)](https://businessplus.com.pk/tag/artificial-intelligence-ai/)
- [ICCBS](https://businessplus.com.pk/tag/iccbs/)
- [realme GT 2 Series Special Event](https://businessplus.com.pk/tag/realme-gt-2-series-special-event/)
- [World’s first 150°ultra-wide Camera](https://businessplus.com.pk/tag/worlds-first-150ultra-wide-camera/)
- [realme's Innovation Forward Communication](https://businessplus.com.pk/tag/realmes-innovation-forward-communication/)
- [Agricultural Credit Advisory Committee (ACAC)](https://businessplus.com.pk/tag/agricultural-credit-advisory-committee-acac/)
- [Rs1.3 trillion during FY21](https://businessplus.com.pk/tag/rs1-3-trillion-during-fy21/)
- [agriculture credit target of Rs1.7](https://businessplus.com.pk/tag/agriculture-credit-target-of-rs1-7/)
- [restrict Dollar trade](https://businessplus.com.pk/tag/restrict-dollar-trade/)
- [STPF 2020-25](https://businessplus.com.pk/tag/stpf-2020-25/)
- [Pakistan’s first-ever female esports tournament](https://businessplus.com.pk/tag/pakistans-first-ever-female-esports-tournament/)
- [Valorant Spike Rush 2v2 tournament](https://businessplus.com.pk/tag/valorant-spike-rush-2v2-tournament/)
- [HER Galaxy](https://businessplus.com.pk/tag/her-galaxy/)
- [SME Asaan Finance (SAAF) scheme](https://businessplus.com.pk/tag/sme-asaan-finance-saaf-scheme/)
- [Urban Nightscapes](https://businessplus.com.pk/tag/urban-nightscapes/)
- [NBP joins hands with ICAP](https://businessplus.com.pk/tag/nbp-joins-hands-with-icap/)
- [ADB](https://businessplus.com.pk/tag/adb/)
- [US$1.54 Billion financing](https://businessplus.com.pk/tag/us1-54-billion-financing/)
- [‘Ek Bharosaymand Saath’](https://businessplus.com.pk/tag/ek-bharosaymand-saath/)
- [Adamjee Life Assurance’s New Campaign](https://businessplus.com.pk/tag/adamjee-life-assurances-new-campaign/)
- [Pakistan’s first BNPL platform](https://businessplus.com.pk/tag/pakistans-first-bnpl-platform/)
- [(BNPL) startup QisstPay](https://businessplus.com.pk/tag/bnpl-startup-qisstpay/)
- [Pakistan imported mobile phones worth $212 million](https://businessplus.com.pk/tag/pakistan-imported-mobile-phones-worth-212-million/)
- [Increase 42% month-on-month](https://businessplus.com.pk/tag/increase-42-month-on-month/)
- [ABL and Pakistan Freelancers Association](https://businessplus.com.pk/tag/abl-and-pakistan-freelancers-association/)
- [ABL- PAFLA chapter](https://businessplus.com.pk/tag/abl-pafla-chapter/)
- [(SBP) SME Asaan Finance Scheme (SAAF)](https://businessplus.com.pk/tag/sbp-sme-asaan-finance-scheme-saaf/)
- [Islamic SME Asaan Finance Scheme (I-SAAF)](https://businessplus.com.pk/tag/islamic-sme-asaan-finance-scheme-i-saaf/)
- [Investments by Overseas Pakistanis](https://businessplus.com.pk/tag/investments-by-overseas-pakistanis/)
- [PCB and Naya Nazimabad](https://businessplus.com.pk/tag/pcb-and-naya-nazimabad-2/)
- [PTA to Launch 5G](https://businessplus.com.pk/tag/pta-to-launch-5g/)
- [Development of 5G Ecosystem in Pakistan](https://businessplus.com.pk/tag/development-of-5g-ecosystem-in-pakistan/)
- [5G Strategic Plan and Policy Guideline](https://businessplus.com.pk/tag/5g-strategic-plan-and-policy-guideline/)
- [3G and 4G users in Pakistan](https://businessplus.com.pk/tag/3g-and-4g-users-in-pakistan/)
- [WB approved $195 million in financing](https://businessplus.com.pk/tag/wb-approved-195-million-in-financing/)
- [National Finance Olympiad 2021](https://businessplus.com.pk/tag/national-finance-olympiad-2021/)
- [ICAP in collaboration with Unilever Pakistan](https://businessplus.com.pk/tag/icap-in-collaboration-with-unilever-pakistan/)
- [Dawlance 2021 dealers convention](https://businessplus.com.pk/tag/dawlance-2021-dealers-convention/)
- [DPL2 Factory](https://businessplus.com.pk/tag/dpl2-factory/)
- [Changan Oshan X7 Plus](https://businessplus.com.pk/tag/changan-oshan-x7-plus/)
- [0-100Km/h within 8.23 seconds](https://businessplus.com.pk/tag/0-100km-h-within-8-23-seconds/)
- [PM Inaugurates special Technology Zone](https://businessplus.com.pk/tag/pm-inaugurates-special-technology-zone/)
- [‘TECHNOPOLIS’ in Lahore](https://businessplus.com.pk/tag/technopolis-in-lahore/)
- [investments worth US$300 million](https://businessplus.com.pk/tag/investments-worth-us300-million/)
- [$4.68B in first five months](https://businessplus.com.pk/tag/4-68b-in-first-five-months/)
- [$468 million loan from IDB](https://businessplus.com.pk/tag/468-million-loan-from-idb/)
- [8.6 million doses to Pakistan](https://businessplus.com.pk/tag/8-6-million-doses-to-pakistan/)
- [COVAX to 130 countries](https://businessplus.com.pk/tag/covax-to-130-countries/)
- [COVAX](https://businessplus.com.pk/tag/covax/)
- [realme New Year Party](https://businessplus.com.pk/tag/realme-new-year-party/)
- [spirit of ‘Dare to Leap’](https://businessplus.com.pk/tag/spirit-of-dare-to-leap/)
- [Fertilizer Policy 2001](https://businessplus.com.pk/tag/fertilizer-policy-2001/)
- [Packages Mall Shopping Festival](https://businessplus.com.pk/tag/packages-mall-shopping-festival/)
- [PSF’21 is all about Entertainment](https://businessplus.com.pk/tag/psf21-is-all-about-entertainment/)
- [PQGTL Signs Agreement with Hifazah](https://businessplus.com.pk/tag/pqgtl-signs-agreement-with-hifazah/)
- [Sindh Inter-University Consortium](https://businessplus.com.pk/tag/sindh-inter-university-consortium/)
- [Ericsson Pakistan and the MoIT&T](https://businessplus.com.pk/tag/ericsson-pakistan-and-the-moitt/)
- [tax-free zone at Port Qasim](https://businessplus.com.pk/tag/tax-free-zone-at-port-qasim/)
- [‘Meet Jinnah’ campaign uses Innovative Tech](https://businessplus.com.pk/tag/meet-jinnah-campaign-uses-innovative-tech/)
- [Hive Pakistan](https://businessplus.com.pk/tag/hive-pakistan/)
- [Emirates SkyCargo transports 600 million doses](https://businessplus.com.pk/tag/emirates-skycargo-transports-600-million-doses/)
- [COVID-19 vaccines from 35 origins to over 80 destinations](https://businessplus.com.pk/tag/covid-19-vaccines-from-35-origins-to-over-80-destinations/)
- [COVID-19 distribution strategy in 2020](https://businessplus.com.pk/tag/covid-19-distribution-strategy-in-2020/)
- [specialized combo heat recovery system](https://businessplus.com.pk/tag/specialized-combo-heat-recovery-system/)
- [residual heat of 3300 KW from jacket water](https://businessplus.com.pk/tag/residual-heat-of-3300-kw-from-jacket-water/)
- [PTCL has launched new cyber security](https://businessplus.com.pk/tag/ptcl-has-launched-new-cyber-security/)
- [industry’s highest performing ‘integrated’ cyber security platform](https://businessplus.com.pk/tag/industrys-highest-performing-integrated-cyber-security-platform/)
- [K-IV Water Supply project to ECNEC](https://businessplus.com.pk/tag/k-iv-water-supply-project-to-ecnec/)
- [Greater Karachi Bulk Water Supply Scheme](https://businessplus.com.pk/tag/greater-karachi-bulk-water-supply-scheme/)
- [Meezan Bank partners with Pak Suzuki Motor](https://businessplus.com.pk/tag/meezan-bank-partners-with-pak-suzuki-motor/)
- [Car Ijarah facility through Pak Suzuki One Window Solution](https://businessplus.com.pk/tag/car-ijarah-facility-through-pak-suzuki-one-window-solution/)
- [Shariah-compliant car financing solutions Meezan Bank](https://businessplus.com.pk/tag/shariah-compliant-car-financing-solutions-meezan-bank/)
- [innovative Digital-Banking solution](https://businessplus.com.pk/tag/innovative-digital-banking-solution/)
- [Standard Chartered Mobile App](https://businessplus.com.pk/tag/standard-chartered-mobile-app/)
- [advanced self-testing device for INR monitoring](https://businessplus.com.pk/tag/advanced-self-testing-device-for-inr-monitoring/)
- [launch of CoaguChek INRange](https://businessplus.com.pk/tag/launch-of-coaguchek-inrange/)
- [Punjab government and State Life Insurance](https://businessplus.com.pk/tag/punjab-government-and-state-life-insurance/)
- [Sehat Sahulat Program](https://businessplus.com.pk/tag/sehat-sahulat-program/)
- [extends free healthcare](https://businessplus.com.pk/tag/extends-free-healthcare/)
- [Ziauddin University celebrate its 25](https://businessplus.com.pk/tag/ziauddin-university-celebrate-its-25/)
- [25th Grand Alumni Reunion](https://businessplus.com.pk/tag/25th-grand-alumni-reunion/)
- [Silver Jubilee Celebrations Ziauddin Alumni](https://businessplus.com.pk/tag/silver-jubilee-celebrations-ziauddin-alumni/)
- [22 software technology parks](https://businessplus.com.pk/tag/22-software-technology-parks/)
- [a joint venture between PSEB and Amazon Mall](https://businessplus.com.pk/tag/a-joint-venture-between-pseb-and-amazon-mall/)
- [Amazon Technology Park](https://businessplus.com.pk/tag/amazon-technology-park/)
- [WHO Warns of ‘very High’ Omicron](https://businessplus.com.pk/tag/who-warns-of-very-high-omicron/)
- [Covid-19 weekly epidemiological update](https://businessplus.com.pk/tag/covid-19-weekly-epidemiological-update/)
- [Banks open till 8pm on Dec 30 and 9pm on Dec 31](https://businessplus.com.pk/tag/banks-open-till-8pm-on-dec-30-and-9pm-on-dec-31/)
- [NIFT special clearing till 8pm on Dec 31](https://businessplus.com.pk/tag/nift-special-clearing-till-8pm-on-dec-31/)
- [SBP Introduces Shariah Compliant Liquidity](https://businessplus.com.pk/tag/sbp-introduces-shariah-compliant-liquidity/)
- [Shariah Compliant Standing Ceiling Facility and Open Market Operations (injections)](https://businessplus.com.pk/tag/shariah-compliant-standing-ceiling-facility-and-open-market-operations-injections/)
- [Shariah Compliant Standing Ceiling Facility](https://businessplus.com.pk/tag/shariah-compliant-standing-ceiling-facility/)
- [Healthwire raises $3.3 million](https://businessplus.com.pk/tag/healthwire-raises-3-3-million/)
- [Dilsons strategy to invest in Digital Healthcare](https://businessplus.com.pk/tag/dilsons-strategy-to-invest-in-digital-healthcare/)
- [integrated solution provider Healthwire](https://businessplus.com.pk/tag/integrated-solution-provider-healthwire/)
- [LADIESFUND donated 100 wheelchairs](https://businessplus.com.pk/tag/ladiesfund-donated-100-wheelchairs/)
- [wheelchair drive #LFWheels](https://businessplus.com.pk/tag/wheelchair-drive-lfwheels/)
- [Dettol Pakistan’s initiative ‘Hoga Saaf Pakistan’](https://businessplus.com.pk/tag/dettol-pakistans-initiative-hoga-saaf-pakistan/)
- [45 water filtration plants in different areas](https://businessplus.com.pk/tag/45-water-filtration-plants-in-different-areas/)
- [Clean Green Pakistan](https://businessplus.com.pk/tag/clean-green-pakistan/)
- [‘Recharge Pakistan’ project](https://businessplus.com.pk/tag/recharge-pakistan-project/)
- [Ramsar Convention](https://businessplus.com.pk/tag/ramsar-convention/)
- [restore the declined water flow in Indus Delta](https://businessplus.com.pk/tag/restore-the-declined-water-flow-in-indus-delta/)
- [realme Embarks on a New Era](https://businessplus.com.pk/tag/realme-embarks-on-a-new-era/)
- [realme partnered with three leading channel distributors](https://businessplus.com.pk/tag/realme-partnered-with-three-leading-channel-distributors/)
- [procedural guide on formation and licensing NBFCs](https://businessplus.com.pk/tag/procedural-guide-on-formation-and-licensing-nbfcs/)
- [Pakistani American and OPEN Seattle tech delegation](https://businessplus.com.pk/tag/pakistani-american-and-open-seattle-tech-delegation/)
- [Alibaba.com](https://businessplus.com.pk/tag/alibaba-com/)
- [‘Unlock Business Growth Code’ in Sialkot](https://businessplus.com.pk/tag/unlock-business-growth-code-in-sialkot/)
- [Business Summit](https://businessplus.com.pk/tag/business-summit/)
- [4th batch of FUEL Leadership Program](https://businessplus.com.pk/tag/4th-batch-of-fuel-leadership-program/)
- [PTCL launched FUEL program in 2013](https://businessplus.com.pk/tag/ptcl-launched-fuel-program-in-2013/)
- [Hotel One to open](https://businessplus.com.pk/tag/hotel-one-to-open/)
- [built 58-room hotel](https://businessplus.com.pk/tag/built-58-room-hotel/)
- [6th Annual DevFest 2021](https://businessplus.com.pk/tag/6th-annual-devfest-2021/)
- [MMBL Dost Hackathon](https://businessplus.com.pk/tag/mmbl-dost-hackathon/)
- [PTCL for upscaling telecom](https://businessplus.com.pk/tag/ptcl-for-upscaling-telecom/)
- [(FWA) service in AJK & GB through its 3500 MHz](https://businessplus.com.pk/tag/fwa-service-in-ajk-gb-through-its-3500-mhz/)
- [range of ramp and passenger handling](https://businessplus.com.pk/tag/range-of-ramp-and-passenger-handling/)
- [Pakistan’s leading ground handler](https://businessplus.com.pk/tag/pakistans-leading-ground-handler/)
- [real bestselling brand globally](https://businessplus.com.pk/tag/real-bestselling-brand-globally/)
- [top-selling 5G Smartphone](https://businessplus.com.pk/tag/top-selling-5g-smartphone/)
- [Convocation 2020 and 2021](https://businessplus.com.pk/tag/convocation-2020-and-2021/)
- [LUMS' first in-person Convocation](https://businessplus.com.pk/tag/lums-first-in-person-convocation/)
- [STZA announces Special Technology Zones](https://businessplus.com.pk/tag/stza-announces-special-technology-zones/)
- [40M Shipments Globally](https://businessplus.com.pk/tag/40m-shipments-globally/)
- [‘New Age Smartphone Families’](https://businessplus.com.pk/tag/new-age-smartphone-families/)
- [10th store in Gujranwala](https://businessplus.com.pk/tag/10th-store-in-gujranwala/)
- [PKR 10.5 billion](https://businessplus.com.pk/tag/pkr-10-5-billion/)
- [PSCE Equips Power Sector](https://businessplus.com.pk/tag/psce-equips-power-sector/)
- [Export Finance Scheme](https://businessplus.com.pk/tag/export-finance-scheme/)
- [SBP’s Vision 2020](https://businessplus.com.pk/tag/sbps-vision-2020/)
- [NEPRA CSR Awards](https://businessplus.com.pk/tag/nepra-csr-awards/)
- [3rd in the first evaluation](https://businessplus.com.pk/tag/3rd-in-the-first-evaluation/)
- [National Small and Medium Enterprises](https://businessplus.com.pk/tag/national-small-and-medium-enterprises/)
- [‘nothing is impossible’](https://businessplus.com.pk/tag/nothing-is-impossible/)
- [Emirates crew on Burj Khalifa](https://businessplus.com.pk/tag/emirates-crew-on-burj-khalifa/)
- [Expo 2020 Dubai](https://businessplus.com.pk/tag/expo-2020-dubai/)
- [APTMA](https://businessplus.com.pk/tag/aptma/)
- [Export Oriented Textile Industry](https://businessplus.com.pk/tag/export-oriented-textile-industry/)
- [Refineries warn](https://businessplus.com.pk/tag/refineries-warn/)
- [a high risk of closure of refineries](https://businessplus.com.pk/tag/a-high-risk-of-closure-of-refineries/)
- [BankIslami Signs Platinum Sponsorship](https://businessplus.com.pk/tag/bankislami-signs-platinum-sponsorship/)
- [PSL 2022](https://businessplus.com.pk/tag/psl-2022/)
- [Karachi Kings](https://businessplus.com.pk/tag/karachi-kings/)
- [CPPA](https://businessplus.com.pk/tag/cppa/)
- [Power Tariff by RS 3.12 Per Unit](https://businessplus.com.pk/tag/power-tariff-by-rs-3-12-per-unit/)
- [highest number of COVID-19 Cases](https://businessplus.com.pk/tag/highest-number-of-covid-19-cases/)
- [Stanford SEED Spark Program](https://businessplus.com.pk/tag/stanford-seed-spark-program/)
- [LUMS nominated start-up Codeschool.pk](https://businessplus.com.pk/tag/lums-nominated-start-up-codeschool-pk/)
- [NIC LUMS](https://businessplus.com.pk/tag/nic-lums/)
- [PSL7 anthem](https://businessplus.com.pk/tag/psl7-anthem/)
- [Atif Aslam and Aima Baig](https://businessplus.com.pk/tag/atif-aslam-and-aima-baig/)
- [Agay Dekh](https://businessplus.com.pk/tag/agay-dekh/)
- [new playing conditions](https://businessplus.com.pk/tag/new-playing-conditions/)
- [M&P Courier outlets](https://businessplus.com.pk/tag/mp-courier-outlets/)
- [Coronavirus postivity rates goes up to 12%](https://businessplus.com.pk/tag/coronavirus-postivity-rates-goes-up-to-12/)
- [realme GT 2 Pro](https://businessplus.com.pk/tag/realme-gt-2-pro/)
- [Snapdragon 8 Gen 1 Platform](https://businessplus.com.pk/tag/snapdragon-8-gen-1-platform/)
- [40x micro-lens camera](https://businessplus.com.pk/tag/40x-micro-lens-camera/)
- [Fastest Growing 5G Android Smartphone](https://businessplus.com.pk/tag/fastest-growing-5g-android-smartphone/)
- [smartphone sales growing 831% YoY](https://businessplus.com.pk/tag/smartphone-sales-growing-831-yoy/)
- [Muhammad Rizwan to teach a MasterClass Course](https://businessplus.com.pk/tag/muhammad-rizwan-to-teach-a-masterclass-course/)
- [Mondelēz Pakistan](https://businessplus.com.pk/tag/mondelez-pakistan/)
- [Monetary Policy Statement](https://businessplus.com.pk/tag/monetary-policy-statement/)
- [maintain the policy rate at 9.75 percent](https://businessplus.com.pk/tag/maintain-the-policy-rate-at-9-75-percent/)
- [cumulative 275 basis point increase in the policy rate](https://businessplus.com.pk/tag/cumulative-275-basis-point-increase-in-the-policy-rate/)
- [Experience Dubai with Emirates](https://businessplus.com.pk/tag/experience-dubai-with-emirates/)
- [Free Emirates Expo Pass](https://businessplus.com.pk/tag/free-emirates-expo-pass/)
- [Earn a Mile a Minute in Dubai](https://businessplus.com.pk/tag/earn-a-mile-a-minute-in-dubai/)
- [realme GT Master Edition](https://businessplus.com.pk/tag/realme-gt-master-edition/)
- [Super Slim Vegan Leather Design by Naoto Fukasawa](https://businessplus.com.pk/tag/super-slim-vegan-leather-design-by-naoto-fukasawa/)
- [IF Award for the Design](https://businessplus.com.pk/tag/if-award-for-the-design/)
- [Car prices go up](https://businessplus.com.pk/tag/car-prices-go-up/)
- [Suzuki Alto VX](https://businessplus.com.pk/tag/suzuki-alto-vx/)
- [Corolla Altis Grande X CVT 1.8](https://businessplus.com.pk/tag/corolla-altis-grande-x-cvt-1-8/)
- [new AI supercomputer](https://businessplus.com.pk/tag/new-ai-supercomputer/)
- [Meta](https://businessplus.com.pk/tag/meta/)
- [gaming beast realme GT Master](https://businessplus.com.pk/tag/gaming-beast-realme-gt-master/)
- [Qualcomm Snapdragon 778G 5G processor](https://businessplus.com.pk/tag/qualcomm-snapdragon-778g-5g-processor/)
- [Vapor Chamber Cooling System](https://businessplus.com.pk/tag/vapor-chamber-cooling-system/)
- [Naya Pakistan Qaumi Sehat Card scheme](https://businessplus.com.pk/tag/naya-pakistan-qaumi-sehat-card-scheme/)
- [IMF postpones sixth review of Pakistan](https://businessplus.com.pk/tag/imf-postpones-sixth-review-of-pakistan/)
- [Banking Mohtasib Pakistan](https://businessplus.com.pk/tag/banking-mohtasib-pakistan/)
- [relief amounting to Rs709 million](https://businessplus.com.pk/tag/relief-amounting-to-rs709-million/)
- [Karot Power Company](https://businessplus.com.pk/tag/karot-power-company/)
- [NEPRA’s CSR Stalwart Award](https://businessplus.com.pk/tag/nepras-csr-stalwart-award/)
- [Mobile Phones reach record high](https://businessplus.com.pk/tag/mobile-phones-reach-record-high/)
- [Honda Atlas Cars](https://businessplus.com.pk/tag/honda-atlas-cars/)
- [Pak-Syria Business Council](https://businessplus.com.pk/tag/pak-syria-business-council/)
- [China Pakistan Economic Corridor](https://businessplus.com.pk/tag/china-pakistan-economic-corridor/)
- [CPEC Western Route](https://businessplus.com.pk/tag/cpec-western-route/)
- [Hakla-D I Khan Motorway](https://businessplus.com.pk/tag/hakla-d-i-khan-motorway/)
- [world’s strongest telecom brand](https://businessplus.com.pk/tag/worlds-strongest-telecom-brand/)
- [50th stores within a year](https://businessplus.com.pk/tag/50th-stores-within-a-year/)
- [pandamart](https://businessplus.com.pk/tag/pandamart/)
- [foodpanda app](https://businessplus.com.pk/tag/foodpanda-app/)
- [120Hz Ultra-smooth AMOLED Display](https://businessplus.com.pk/tag/120hz-ultra-smooth-amoled-display/)
- [Central Business District](https://businessplus.com.pk/tag/central-business-district/)
- [Pakistani Handicraft Pavilion](https://businessplus.com.pk/tag/pakistani-handicraft-pavilion/)
- [600 Government Vaccination Centres](https://businessplus.com.pk/tag/600-government-vaccination-centres/)
- [Careem Super App](https://businessplus.com.pk/tag/careem-super-app/)
- [Textile Exports to hit new heights](https://businessplus.com.pk/tag/textile-exports-to-hit-new-heights/)
- [record $21 billion in the fiscal year](https://businessplus.com.pk/tag/record-21-billion-in-the-fiscal-year/)
- [automated currency declaration system](https://businessplus.com.pk/tag/automated-currency-declaration-system/)
- [Fedreral Board of Revenue](https://businessplus.com.pk/tag/fedreral-board-of-revenue/)
- [Sixth Review of Pakistan](https://businessplus.com.pk/tag/sixth-review-of-pakistan/)
- [Extended Fund Facility](https://businessplus.com.pk/tag/extended-fund-facility/)
- [Economic Corridor Development](https://businessplus.com.pk/tag/economic-corridor-development/)
- [The Asian Development Bank](https://businessplus.com.pk/tag/the-asian-development-bank/)
- [KP Women Civic Internship Program](https://businessplus.com.pk/tag/kp-women-civic-internship-program/)
- [free high-speed internet devices ‘Blaze’](https://businessplus.com.pk/tag/free-high-speed-internet-devices-blaze/)
- [Bank Alfalah Limited](https://businessplus.com.pk/tag/bank-alfalah-limited/)
- [final cash dividend of PKR 2 per share](https://businessplus.com.pk/tag/final-cash-dividend-of-pkr-2-per-share/)
- [profit after tax of PKR 14.217 bn](https://businessplus.com.pk/tag/profit-after-tax-of-pkr-14-217-bn/)
- [Economy to grow by 5% this year](https://businessplus.com.pk/tag/economy-to-grow-by-5-this-year/)
- [IMF board approving US$1bn tranche](https://businessplus.com.pk/tag/imf-board-approving-us1bn-tranche/)
- [Pakistan-UK strategic partnership](https://businessplus.com.pk/tag/pakistan-uk-strategic-partnership/)
- [Pakistan Britain Business Council](https://businessplus.com.pk/tag/pakistan-britain-business-council/)
- [Investment Opportunities in Pakistan](https://businessplus.com.pk/tag/investment-opportunities-in-pakistan/)
- [OICCI Women Empowerment Awards 2021](https://businessplus.com.pk/tag/oicci-women-empowerment-awards-2021/)
- [Gender Balance Workforce Award at the 4th edition](https://businessplus.com.pk/tag/gender-balance-workforce-award-at-the-4th-edition/)
- [Raast Person-to-Person (P2P) fund transfers](https://businessplus.com.pk/tag/raast-person-to-person-p2p-fund-transfers/)
- [SBP introduces instant and free person-to-person payments](https://businessplus.com.pk/tag/sbp-introduces-instant-and-free-person-to-person-payments/)
- [5G flagship killer – realme GT Master Edition](https://businessplus.com.pk/tag/5g-flagship-killer-realme-gt-master-edition/)
- [64MP Street Photography Camera](https://businessplus.com.pk/tag/64mp-street-photography-camera/)
- [industrial cooperation under CPEC](https://businessplus.com.pk/tag/industrial-cooperation-under-cpec/)
- [Framework Agreement in 2020](https://businessplus.com.pk/tag/framework-agreement-in-2020/)
- [Country’s exports grew by 18.7 percent](https://businessplus.com.pk/tag/countrys-exports-grew-by-18-7-percent/)
- [35 years of excellence at LUMS](https://businessplus.com.pk/tag/35-years-of-excellence-at-lums/)
- [The Academy of International Business](https://businessplus.com.pk/tag/the-academy-of-international-business/)
- [$350 million textile cluster](https://businessplus.com.pk/tag/350-million-textile-cluster/)
- [CPEC Special Economic Zones](https://businessplus.com.pk/tag/cpec-special-economic-zones/)
- [Chrome 99 Beta](https://businessplus.com.pk/tag/chrome-99-beta/)
- [STZA and ZBRA sign LOI](https://businessplus.com.pk/tag/stza-and-zbra-sign-loi/)
- [‘Muft Mornings’ brings Ufone 4G users](https://businessplus.com.pk/tag/muft-mornings-brings-ufone-4g-users/)
- [MMBL launched Women Inspirational Network](https://businessplus.com.pk/tag/mmbl-launched-women-inspirational-network/)
- [Mobilink Microfinance Bank Limited](https://businessplus.com.pk/tag/mobilink-microfinance-bank-limited/)
- [Edotco Health and Safety Management System](https://businessplus.com.pk/tag/edotco-health-and-safety-management-system/)
- [exports of services during July-December](https://businessplus.com.pk/tag/exports-of-services-during-july-december/)
- [Pakistan Climate Conference 2022](https://businessplus.com.pk/tag/pakistan-climate-conference-2022/)
- [OICCI](https://businessplus.com.pk/tag/oicci/)
- [Resilient Institutions Strengthening Program](https://businessplus.com.pk/tag/resilient-institutions-strengthening-program/)
- [2030 Agenda and implementation of the SDGs](https://businessplus.com.pk/tag/2030-agenda-and-implementation-of-the-sdgs/)
- [investment of $1.5 trillion annually in sustainable infrastructure](https://businessplus.com.pk/tag/investment-of-1-5-trillion-annually-in-sustainable-infrastructure/)
- [global Voice Note Player for Desktop Users](https://businessplus.com.pk/tag/global-voice-note-player-for-desktop-users/)
- [SBP imposed penalty on five banks](https://businessplus.com.pk/tag/sbp-imposed-penalty-on-five-banks/)
- [Spices export increase $52.518 Million](https://businessplus.com.pk/tag/spices-export-increase-52-518-million/)
- [ETFs- an Attractive Avenue of Investment](https://businessplus.com.pk/tag/etfs-an-attractive-avenue-of-investment/)
- [cotton conference](https://businessplus.com.pk/tag/cotton-conference/)
- [ECC Approves Textiles and Apparel Policy](https://businessplus.com.pk/tag/ecc-approves-textiles-and-apparel-policy/)
- [realme 9 Pro+ Camera Capabilities](https://businessplus.com.pk/tag/realme-9-pro-camera-capabilities/)
- [K-3 nuclear power plant](https://businessplus.com.pk/tag/k-3-nuclear-power-plant/)
- [promoting trade with Indonesia](https://businessplus.com.pk/tag/promoting-trade-with-indonesia/)
- [MCB Bank](https://businessplus.com.pk/tag/mcb-bank/)
- [realme Band 2](https://businessplus.com.pk/tag/realme-band-2/)
- [first Microfinance Institution to secure EFP Membership](https://businessplus.com.pk/tag/first-microfinance-institution-to-secure-efp-membership/)
- [Employers Federation of Pakistan](https://businessplus.com.pk/tag/employers-federation-of-pakistan/)
- [Bank AL Habib](https://businessplus.com.pk/tag/bank-al-habib/)
- [Instagram Music feature](https://businessplus.com.pk/tag/instagram-music-feature/)
- [PTCL posts highest revenue growth](https://businessplus.com.pk/tag/ptcl-posts-highest-revenue-growth/)
- [revenue of Rs 138 billion in the year 2021](https://businessplus.com.pk/tag/revenue-of-rs-138-billion-in-the-year-2021/)
- [“Dare to Leap”](https://businessplus.com.pk/tag/dare-to-leap/)
- [LUMS](https://businessplus.com.pk/tag/lums/)
- [MMBL](https://businessplus.com.pk/tag/mmbl/)
- [Online Account Opening Solutions](https://businessplus.com.pk/tag/online-account-opening-solutions/)
- [JPMC](https://businessplus.com.pk/tag/jpmc/)
- [Karachi University](https://businessplus.com.pk/tag/karachi-university/)
- [E-banking transactions](https://businessplus.com.pk/tag/e-banking-transactions/)
- [Fatima Fertilizer signs MoU with KPK Government](https://businessplus.com.pk/tag/fatima-fertilizer-signs-mou-with-kpk-government/)
- [first digital Cloud Policy](https://businessplus.com.pk/tag/first-digital-cloud-policy/)
- [realme 9i](https://businessplus.com.pk/tag/realme-9i/)
- [National Incubation Center](https://businessplus.com.pk/tag/national-incubation-center/)
- [Dawa Asaan](https://businessplus.com.pk/tag/dawa-asaan/)
- [Peervest](https://businessplus.com.pk/tag/peervest/)
- [Textile exports increase by 24.73%](https://businessplus.com.pk/tag/textile-exports-increase-by-24-73/)
- [Securities and Exchange Commission of Pakistan](https://businessplus.com.pk/tag/securities-and-exchange-commission-of-pakistan/)
- [Mastercard](https://businessplus.com.pk/tag/mastercard/)
- [Getz Pharma Launches ‘MEDACE’](https://businessplus.com.pk/tag/getz-pharma-launches-medace/)
- [Realme 9i In Pakistan](https://businessplus.com.pk/tag/realme-9i-in-pakistan/)
- [realme 9i’s 33W Dart Charge](https://businessplus.com.pk/tag/realme-9is-33w-dart-charge/)
- [Electronic Warehouse Receipt Financing](https://businessplus.com.pk/tag/electronic-warehouse-receipt-financing/)
- [Preferential Trade Agreement](https://businessplus.com.pk/tag/preferential-trade-agreement/)
- [Civil Aviation Authority](https://businessplus.com.pk/tag/civil-aviation-authority/)
- [Covid-19 PCR test](https://businessplus.com.pk/tag/covid-19-pcr-test/)
- [Pakistan Stock Exchange](https://businessplus.com.pk/tag/pakistan-stock-exchange/)
- [realme 9 series](https://businessplus.com.pk/tag/realme-9-series/)
- [Qualcomm Snapdragon 680 processor](https://businessplus.com.pk/tag/qualcomm-snapdragon-680-processor/)
- [Women Empowerment initiatives](https://businessplus.com.pk/tag/women-empowerment-initiatives/)
- [Zoom Contact Center](https://businessplus.com.pk/tag/zoom-contact-center/)
- [Chengdu-Karachi direct flights](https://businessplus.com.pk/tag/chengdu-karachi-direct-flights/)
- [UNISAME](https://businessplus.com.pk/tag/unisame/)
- [Gurr Exports Policy Formation](https://businessplus.com.pk/tag/gurr-exports-policy-formation/)
- [(CCI) Q4 2021](https://businessplus.com.pk/tag/cci-q4-2021/)
- [Dun & Bradstreet](https://businessplus.com.pk/tag/dun-bradstreet/)
- [The Banking Mohtasib of Pakistan](https://businessplus.com.pk/tag/the-banking-mohtasib-of-pakistan/)
- [UK-based Commonwealth Entrepreneurs Club](https://businessplus.com.pk/tag/uk-based-commonwealth-entrepreneurs-club/)
- [Drug Regulatory Authority of Pakistan](https://businessplus.com.pk/tag/drug-regulatory-authority-of-pakistan/)
- [Pakistan to launch e-bikes](https://businessplus.com.pk/tag/pakistan-to-launch-e-bikes/)
- [foodpanda](https://businessplus.com.pk/tag/foodpanda/)
- [Spotify’s Streaming Trends In Pakistan](https://businessplus.com.pk/tag/spotifys-streaming-trends-in-pakistan/)
- [Qualcomm Snapdragon 680 6nm chipset](https://businessplus.com.pk/tag/qualcomm-snapdragon-680-6nm-chipset/)
- [9i is available in its 6GB + 128GB variant](https://businessplus.com.pk/tag/9i-is-available-in-its-6gb-128gb-variant/)
- [launch of e& as a new brand](https://businessplus.com.pk/tag/launch-of-e-as-a-new-brand/)
- [Etisalat Group](https://businessplus.com.pk/tag/etisalat-group/)
- [realme 9i Goes on Sale in Pakistan](https://businessplus.com.pk/tag/realme-9i-goes-on-sale-in-pakistan/)
- [Fatima Group inks $1 billion deals](https://businessplus.com.pk/tag/fatima-group-inks-1-billion-deals/)
- [SECP](https://businessplus.com.pk/tag/secp/)
- [open-end or close-end schemes](https://businessplus.com.pk/tag/open-end-or-close-end-schemes/)
- [HBL PSL 7 Final](https://businessplus.com.pk/tag/hbl-psl-7-final/)
- [Top songs in Pakistan](https://businessplus.com.pk/tag/top-songs-in-pakistan/)
- [Top Pakistani Artists](https://businessplus.com.pk/tag/top-pakistani-artists/)
- [the realme GT 2 Pro](https://businessplus.com.pk/tag/the-realme-gt-2-pro/)
- [Mobile World Congress 2022](https://businessplus.com.pk/tag/mobile-world-congress-2022/)
- [Stainless Steel Vapour Cooling Max](https://businessplus.com.pk/tag/stainless-steel-vapour-cooling-max/)
- [Pakistani female farmers](https://businessplus.com.pk/tag/pakistani-female-farmers/)
- [Ufone 4G](https://businessplus.com.pk/tag/ufone-4g/)
- [Pakistan’s No.1 Voice & Data Network](https://businessplus.com.pk/tag/pakistans-no-1-voice-data-network/)
- [‘D&I Leader’ Award](https://businessplus.com.pk/tag/di-leader-award/)
- [Bank Alfalah](https://businessplus.com.pk/tag/bank-alfalah/)
- [Alfa Payment Gateway](https://businessplus.com.pk/tag/alfa-payment-gateway/)
- [export oriented industry](https://businessplus.com.pk/tag/export-oriented-industry/)
- [CPEC](https://businessplus.com.pk/tag/cpec/)
- [USAID](https://businessplus.com.pk/tag/usaid/)
- [HomeChefs](https://businessplus.com.pk/tag/homechefs/)
- [FATF](https://businessplus.com.pk/tag/fatf/)
- [loan disbursement](https://businessplus.com.pk/tag/loan-disbursement/)
- [LADIESFUND Women’s Awards](https://businessplus.com.pk/tag/ladiesfund-womens-awards/)
- [Adamjee Life Assurance Company](https://businessplus.com.pk/tag/adamjee-life-assurance-company/)
- [FDI](https://businessplus.com.pk/tag/fdi/)
- [BARD Foundation](https://businessplus.com.pk/tag/bard-foundation/)
- [TIFA](https://businessplus.com.pk/tag/tifa/)
- [GSP](https://businessplus.com.pk/tag/gsp/)
- [Paris Fashion Week](https://businessplus.com.pk/tag/paris-fashion-week/)
- [realme 9 Pro+ Carry Bag](https://businessplus.com.pk/tag/realme-9-pro-carry-bag/)
- [National Gender Policy Framework](https://businessplus.com.pk/tag/national-gender-policy-framework/)
- [fertilizers manufacturing industry](https://businessplus.com.pk/tag/fertilizers-manufacturing-industry/)
- [Arooj Aftab](https://businessplus.com.pk/tag/arooj-aftab/)
- [Spotify](https://businessplus.com.pk/tag/spotify/)
- [DeafTawk](https://businessplus.com.pk/tag/deaftawk/)
- [e-commerce platform](https://businessplus.com.pk/tag/e-commerce-platform/)
- [realme GT Neo 3](https://businessplus.com.pk/tag/realme-gt-neo-3/)
- [2nd LCCI IT Awards 2022](https://businessplus.com.pk/tag/2nd-lcci-it-awards-2022/)
- [PIBT](https://businessplus.com.pk/tag/pibt/)
- [JS Bank](https://businessplus.com.pk/tag/js-bank/)
- [Sharjah Airport](https://businessplus.com.pk/tag/sharjah-airport/)
- [Meezan Bank](https://businessplus.com.pk/tag/meezan-bank/)
- [MG Motors](https://businessplus.com.pk/tag/mg-motors/)
- [Multimodal Logistics Conference](https://businessplus.com.pk/tag/multimodal-logistics-conference/)
- [remittance](https://businessplus.com.pk/tag/remittance/)
- [Nayapay](https://businessplus.com.pk/tag/nayapay/)
- [Kamyab Jawan Programme](https://businessplus.com.pk/tag/kamyab-jawan-programme/)
- [National Savings](https://businessplus.com.pk/tag/national-savings/)
- [Bank of Punjab](https://businessplus.com.pk/tag/bank-of-punjab/)
- [Asian Development Bank](https://businessplus.com.pk/tag/asian-development-bank/)
- [5G Smartphone Brand](https://businessplus.com.pk/tag/5g-smartphone-brand/)
- [Dawlance](https://businessplus.com.pk/tag/dawlance/)
- [FBR](https://businessplus.com.pk/tag/fbr/)
- [Belt and Road Initiative](https://businessplus.com.pk/tag/belt-and-road-initiative/)
- [Orange Line metro train](https://businessplus.com.pk/tag/orange-line-metro-train/)
- [Majid Al Futtaim](https://businessplus.com.pk/tag/majid-al-futtaim/)
- [Carrefour](https://businessplus.com.pk/tag/carrefour/)
- [Pakistan Bureau of Statistics](https://businessplus.com.pk/tag/pakistan-bureau-of-statistics/)
- [Textile exports increase](https://businessplus.com.pk/tag/textile-exports-increase/)
- [Information Technology](https://businessplus.com.pk/tag/information-technology/)
- [Sania Maskatiya](https://businessplus.com.pk/tag/sania-maskatiya/)
- [IHOP](https://businessplus.com.pk/tag/ihop/)
- [PTCL](https://businessplus.com.pk/tag/ptcl/)
- [Government Securities](https://businessplus.com.pk/tag/government-securities/)
- [ISPR](https://businessplus.com.pk/tag/ispr/)
- [Ravi Urban Development](https://businessplus.com.pk/tag/ravi-urban-development/)
- [NBFC](https://businessplus.com.pk/tag/nbfc/)
- [Corporate Pakistan Group](https://businessplus.com.pk/tag/corporate-pakistan-group/)
- [Daraz](https://businessplus.com.pk/tag/daraz/)
- [Ease of Doing Business](https://businessplus.com.pk/tag/ease-of-doing-business/)
- [Gul Ahmed](https://businessplus.com.pk/tag/gul-ahmed/)
- [Ehsaas Raabta app](https://businessplus.com.pk/tag/ehsaas-raabta-app/)
- [Large Scale Manufacturing Industries](https://businessplus.com.pk/tag/large-scale-manufacturing-industries/)
- [KATI](https://businessplus.com.pk/tag/kati/)
- [United Nation](https://businessplus.com.pk/tag/united-nation/)
- [China Eastern Airline](https://businessplus.com.pk/tag/china-eastern-airline/)
- [Islamic Development Fund](https://businessplus.com.pk/tag/islamic-development-fund/)
- [HomeChef](https://businessplus.com.pk/tag/homechef/)
- [NdcTech](https://businessplus.com.pk/tag/ndctech/)
- [Temenos](https://businessplus.com.pk/tag/temenos/)
- [capital markets](https://businessplus.com.pk/tag/capital-markets/)
- [AkzoNobel](https://businessplus.com.pk/tag/akzonobel/)
- [Hyundai](https://businessplus.com.pk/tag/hyundai/)
- [OIC](https://businessplus.com.pk/tag/oic/)
- [Federal Tax Ombudsman](https://businessplus.com.pk/tag/federal-tax-ombudsman/)
- [UK-Pakistan Business Council](https://businessplus.com.pk/tag/uk-pakistan-business-council/)
- [IMF](https://businessplus.com.pk/tag/imf/)
- [University of Karachi](https://businessplus.com.pk/tag/university-of-karachi/)
- [Pakistan’s dairy industry](https://businessplus.com.pk/tag/pakistans-dairy-industry/)
- [SBP](https://businessplus.com.pk/tag/sbp/)
- [MPMG](https://businessplus.com.pk/tag/mpmg/)
- [Mera Ghar](https://businessplus.com.pk/tag/mera-ghar/)
- [sugar](https://businessplus.com.pk/tag/sugar/)
- [edible oil](https://businessplus.com.pk/tag/edible-oil/)
- [MAP](https://businessplus.com.pk/tag/map/)
- [Oxfam](https://businessplus.com.pk/tag/oxfam/)
- [Ehsaas](https://businessplus.com.pk/tag/ehsaas/)
- [HBL](https://businessplus.com.pk/tag/hbl/)
- [Roshan Digital Account](https://businessplus.com.pk/tag/roshan-digital-account/)
- [BYD](https://businessplus.com.pk/tag/byd/)
- [NEPRA](https://businessplus.com.pk/tag/nepra/)
- [KAPCO](https://businessplus.com.pk/tag/kapco/)
- [Kashmir Premier League](https://businessplus.com.pk/tag/kashmir-premier-league/)
- [Tencent](https://businessplus.com.pk/tag/tencent/)
- [Haider Mustehsan](https://businessplus.com.pk/tag/haider-mustehsan/)
- [Eastbay Expressway](https://businessplus.com.pk/tag/eastbay-expressway/)
- [Euronet](https://businessplus.com.pk/tag/euronet/)
- [Burj Modaraba](https://businessplus.com.pk/tag/burj-modaraba/)
- [PSDP](https://businessplus.com.pk/tag/psdp/)
- [Gwadar International Airport](https://businessplus.com.pk/tag/gwadar-international-airport/)
- [Amazon](https://businessplus.com.pk/tag/amazon/)
- [SMEDA](https://businessplus.com.pk/tag/smeda/)
- [PSX](https://businessplus.com.pk/tag/psx/)
- [CDC](https://businessplus.com.pk/tag/cdc/)
- [ICCI](https://businessplus.com.pk/tag/icci/)
- [IPG Group](https://businessplus.com.pk/tag/ipg-group/)
- [Engro Energy](https://businessplus.com.pk/tag/engro-energy/)
- [Karandaaz](https://businessplus.com.pk/tag/karandaaz/)
- [Supernet](https://businessplus.com.pk/tag/supernet/)
- [Telecard Limited](https://businessplus.com.pk/tag/telecard-limited/)
- [Dubai Islamic Bank](https://businessplus.com.pk/tag/dubai-islamic-bank/)
- [REDtone Group](https://businessplus.com.pk/tag/redtone-group/)
- [Facebook](https://businessplus.com.pk/tag/facebook/)
- [OGDCL](https://businessplus.com.pk/tag/ogdcl/)
- [Archroma](https://businessplus.com.pk/tag/archroma/)
- [Grammy award](https://businessplus.com.pk/tag/grammy-award/)
- [RAAST](https://businessplus.com.pk/tag/raast/)
- [Saudi Fund Development](https://businessplus.com.pk/tag/saudi-fund-development/)
- [Sahulat Account](https://businessplus.com.pk/tag/sahulat-account/)
- [realme 9 Pro+](https://businessplus.com.pk/tag/realme-9-pro/)
- [Ufone](https://businessplus.com.pk/tag/ufone/)
- [U Bank](https://businessplus.com.pk/tag/u-bank/)
- [NBP](https://businessplus.com.pk/tag/nbp/)
- [LSM](https://businessplus.com.pk/tag/lsm/)
- [Engage Africa Policy](https://businessplus.com.pk/tag/engage-africa-policy/)
- [PFA](https://businessplus.com.pk/tag/pfa/)
- [Martin Dow](https://businessplus.com.pk/tag/martin-dow/)
- [Careem](https://businessplus.com.pk/tag/careem/)
- [ICC](https://businessplus.com.pk/tag/icc/)
- [PTA](https://businessplus.com.pk/tag/pta/)
- [Fitch Ratings](https://businessplus.com.pk/tag/fitch-ratings/)
- [Shell](https://businessplus.com.pk/tag/shell/)
- [Banking Mohtasib](https://businessplus.com.pk/tag/banking-mohtasib/)
- [AlfaMall](https://businessplus.com.pk/tag/alfamall/)
- [Jubilee Life Insurance](https://businessplus.com.pk/tag/jubilee-life-insurance/)
- [Faysal Bank](https://businessplus.com.pk/tag/faysal-bank/)
- [TPL](https://businessplus.com.pk/tag/tpl/)
- [Emirates](https://businessplus.com.pk/tag/emirates/)
- [realme](https://businessplus.com.pk/tag/realme/)
- [Jubilee Life](https://businessplus.com.pk/tag/jubilee-life/)
- [NED University](https://businessplus.com.pk/tag/ned-university/)
- [CricksLab](https://businessplus.com.pk/tag/crickslab/)
- [FrieslandCampina Engro](https://businessplus.com.pk/tag/frieslandcampina-engro/)
- [E-Commerce](https://businessplus.com.pk/tag/e-commerce/)
- [PIA](https://businessplus.com.pk/tag/pia/)
- [Instagram](https://businessplus.com.pk/tag/instagram/)
- [climate change](https://businessplus.com.pk/tag/climate-change/)
- [FTO](https://businessplus.com.pk/tag/fto/)
- [Nigeria](https://businessplus.com.pk/tag/nigeria/)
- [World Earth Day](https://businessplus.com.pk/tag/world-earth-day/)
- [Fatima Fertilizer](https://businessplus.com.pk/tag/fatima-fertilizer/)
- [Kissan Day](https://businessplus.com.pk/tag/kissan-day/)
- [Sarsabz Fertilizer](https://businessplus.com.pk/tag/sarsabz-fertilizer/)
- [NIT](https://businessplus.com.pk/tag/nit/)
- [Hysab Kytab](https://businessplus.com.pk/tag/hysab-kytab/)
- [IFC](https://businessplus.com.pk/tag/ifc/)
- [Sonari Bank](https://businessplus.com.pk/tag/sonari-bank/)
- [S&P global](https://businessplus.com.pk/tag/sp-global/)
- [PBS](https://businessplus.com.pk/tag/pbs/)
- [SITE Association](https://businessplus.com.pk/tag/site-association/)
- [power load-shedding](https://businessplus.com.pk/tag/power-load-shedding/)
- [DHA](https://businessplus.com.pk/tag/dha/)
- [UPaisa](https://businessplus.com.pk/tag/upaisa/)
- [Akhuwat](https://businessplus.com.pk/tag/akhuwat/)
- [Daewoo](https://businessplus.com.pk/tag/daewoo/)
- [Kiran Foundation](https://businessplus.com.pk/tag/kiran-foundation/)
- [5G](https://businessplus.com.pk/tag/5g/)
- [Kamyab Jawan Scheme](https://businessplus.com.pk/tag/kamyab-jawan-scheme/)
- [Islamic Banking](https://businessplus.com.pk/tag/islamic-banking/)
- [CPI](https://businessplus.com.pk/tag/cpi/)
- [PSEB](https://businessplus.com.pk/tag/pseb/)
- [Lucky Cement](https://businessplus.com.pk/tag/lucky-cement/)
- [Ushna Shah](https://businessplus.com.pk/tag/ushna-shah/)
- [K-Electric](https://businessplus.com.pk/tag/k-electric/)
- [Indus Hospital](https://businessplus.com.pk/tag/indus-hospital/)
- [KE](https://businessplus.com.pk/tag/ke/)
- [Halal Industry](https://businessplus.com.pk/tag/halal-industry/)
- [Habib Bank](https://businessplus.com.pk/tag/habib-bank/)
- [FPCCI](https://businessplus.com.pk/tag/fpcci/)
- [PKIC](https://businessplus.com.pk/tag/pkic/)
- [AAA Associates](https://businessplus.com.pk/tag/aaa-associates/)
- [Property Expo 2022](https://businessplus.com.pk/tag/property-expo-2022/)
- [WhatsApp](https://businessplus.com.pk/tag/whatsapp/)
- [BNPL](https://businessplus.com.pk/tag/bnpl/)
- [Hashoo Hotels](https://businessplus.com.pk/tag/hashoo-hotels/)
- [Karot Hydropower](https://businessplus.com.pk/tag/karot-hydropower/)
- [Nasdaq](https://businessplus.com.pk/tag/nasdaq/)
- [YouTube](https://businessplus.com.pk/tag/youtube/)
- [PUBG](https://businessplus.com.pk/tag/pubg/)
- [Mobilink Microfinance Bank](https://businessplus.com.pk/tag/mobilink-microfinance-bank/)
- [Nestle](https://businessplus.com.pk/tag/nestle/)
- [SITE](https://businessplus.com.pk/tag/site/)
- [Remittances](https://businessplus.com.pk/tag/remittances/)
- [China Overseas Ports Holding](https://businessplus.com.pk/tag/china-overseas-ports-holding/)
- [Gwadar](https://businessplus.com.pk/tag/gwadar/)
- [Advance Telecom](https://businessplus.com.pk/tag/advance-telecom/)
- [EPA](https://businessplus.com.pk/tag/epa/)
- [CDNS](https://businessplus.com.pk/tag/cdns/)
- [ECC](https://businessplus.com.pk/tag/ecc/)
- [OMCs](https://businessplus.com.pk/tag/omcs/)
- [Master Changan Motors](https://businessplus.com.pk/tag/master-changan-motors/)
- [Bin Qasim Power](https://businessplus.com.pk/tag/bin-qasim-power/)
- [USF](https://businessplus.com.pk/tag/usf/)
- [BOI](https://businessplus.com.pk/tag/boi/)
- [Fatima Group](https://businessplus.com.pk/tag/fatima-group/)
- [Kuda Technologies](https://businessplus.com.pk/tag/kuda-technologies/)
- [City Schools Group](https://businessplus.com.pk/tag/city-schools-group/)
- [OctaFX](https://businessplus.com.pk/tag/octafx/)
- [CCP](https://businessplus.com.pk/tag/ccp/)
- [Bin Qasim Industrial Park](https://businessplus.com.pk/tag/bin-qasim-industrial-park/)
- [Zameen.Com](https://businessplus.com.pk/tag/zameen-com/)
- [NHMP](https://businessplus.com.pk/tag/nhmp/)
- [Indus Motor Company](https://businessplus.com.pk/tag/indus-motor-company/)
- [FTA](https://businessplus.com.pk/tag/fta/)
- [EU](https://businessplus.com.pk/tag/eu/)
- [TAPI](https://businessplus.com.pk/tag/tapi/)
- [Hadiqa Kiani](https://businessplus.com.pk/tag/hadiqa-kiani/)
- [EQUAL Pakistan](https://businessplus.com.pk/tag/equal-pakistan/)
- [Monetary Policy](https://businessplus.com.pk/tag/monetary-policy/)
- [Optima Integration Group](https://businessplus.com.pk/tag/optima-integration-group/)
- [realme C35](https://businessplus.com.pk/tag/realme-c35/)
- [Swiss Asian Chamber](https://businessplus.com.pk/tag/swiss-asian-chamber/)
- [UNDP](https://businessplus.com.pk/tag/undp/)
- [GSMA](https://businessplus.com.pk/tag/gsma/)
- [Polio eradication](https://businessplus.com.pk/tag/polio-eradication/)
- [PITB](https://businessplus.com.pk/tag/pitb/)
- [edotco](https://businessplus.com.pk/tag/edotco/)
- [Cordoba Logistics](https://businessplus.com.pk/tag/cordoba-logistics/)
- [Easy Data](https://businessplus.com.pk/tag/easy-data/)
- [Atif Aslam](https://businessplus.com.pk/tag/atif-aslam/)
- [APCNGA](https://businessplus.com.pk/tag/apcnga/)
- [UBL](https://businessplus.com.pk/tag/ubl/)
- [UBank](https://businessplus.com.pk/tag/ubank/)
- [Roshan Digital Accounts](https://businessplus.com.pk/tag/roshan-digital-accounts/)
- [British Airways](https://businessplus.com.pk/tag/british-airways/)
- [food safety](https://businessplus.com.pk/tag/food-safety/)
- [KPT](https://businessplus.com.pk/tag/kpt/)
- [Bahria University](https://businessplus.com.pk/tag/bahria-university/)
- [FrieslandCampina](https://businessplus.com.pk/tag/frieslandcampina/)
- [World Milk Day](https://businessplus.com.pk/tag/world-milk-day/)
- [Kalam](https://businessplus.com.pk/tag/kalam/)
- [Kumrat](https://businessplus.com.pk/tag/kumrat/)
- [Surlaspur Shandur](https://businessplus.com.pk/tag/surlaspur-shandur/)
- [K-Pop](https://businessplus.com.pk/tag/k-pop/)
- [BTS](https://businessplus.com.pk/tag/bts/)
- [Mondelez](https://businessplus.com.pk/tag/mondelez/)
- [PayFast](https://businessplus.com.pk/tag/payfast/)
- [Avanza Premier Payment](https://businessplus.com.pk/tag/avanza-premier-payment/)
- [Visa’s Group](https://businessplus.com.pk/tag/visas-group/)
- [European Union](https://businessplus.com.pk/tag/european-union/)
- [GSP+](https://businessplus.com.pk/tag/gsp-2/)
- [Huawei](https://businessplus.com.pk/tag/huawei/)
- [Gerry’s](https://businessplus.com.pk/tag/gerrys/)
- [Shanghai Electric Power](https://businessplus.com.pk/tag/shanghai-electric-power/)
- [PTCL Group](https://businessplus.com.pk/tag/ptcl-group/)
- [Nutshell Group](https://businessplus.com.pk/tag/nutshell-group/)
- [NORINCO](https://businessplus.com.pk/tag/norinco/)
- [FinTech](https://businessplus.com.pk/tag/fintech/)
- [Engro Corporation](https://businessplus.com.pk/tag/engro-corporation/)
- [GDEIB](https://businessplus.com.pk/tag/gdeib/)
- [Burj Khalifa](https://businessplus.com.pk/tag/burj-khalifa/)
- [TCL](https://businessplus.com.pk/tag/tcl/)
- [Board of Investment](https://businessplus.com.pk/tag/board-of-investment/)
- [Fauji Fertilizer Company](https://businessplus.com.pk/tag/fauji-fertilizer-company/)
- [Caterpill](https://businessplus.com.pk/tag/caterpill/)
- [Islamic Banking Industry](https://businessplus.com.pk/tag/islamic-banking-industry/)
- [OGRA](https://businessplus.com.pk/tag/ogra/)
- [Air Canada](https://businessplus.com.pk/tag/air-canada/)
- [Emirates Airline](https://businessplus.com.pk/tag/emirates-airline/)
- [TPL Corp](https://businessplus.com.pk/tag/tpl-corp/)
- [TPL Insurance](https://businessplus.com.pk/tag/tpl-insurance/)
- [Emirates Group](https://businessplus.com.pk/tag/emirates-group/)
- [London Heathrow airport](https://businessplus.com.pk/tag/london-heathrow-airport/)
- [Finnfund](https://businessplus.com.pk/tag/finnfund/)
- [IBP](https://businessplus.com.pk/tag/ibp/)
- [Unveel.io](https://businessplus.com.pk/tag/unveel-io/)
- [ABHI](https://businessplus.com.pk/tag/abhi/)
- [Total Parco](https://businessplus.com.pk/tag/total-parco/)
- [Zindagi Trust](https://businessplus.com.pk/tag/zindagi-trust/)
- [Panther Tyres](https://businessplus.com.pk/tag/panther-tyres/)
- [University of Baltistan](https://businessplus.com.pk/tag/university-of-baltistan/)
- [Alkaram Textile](https://businessplus.com.pk/tag/alkaram-textile/)
- [Nestlé](https://businessplus.com.pk/tag/nestle-2/)
- [Islamic insurance](https://businessplus.com.pk/tag/islamic-insurance/)
- [US Embassy](https://businessplus.com.pk/tag/us-embassy/)
- [Pakistan America Business Forum](https://businessplus.com.pk/tag/pakistan-america-business-forum/)
- [Google Play](https://businessplus.com.pk/tag/google-play/)
- [STZA](https://businessplus.com.pk/tag/stza/)
- [Bin Qasim Power Station](https://businessplus.com.pk/tag/bin-qasim-power-station/)
- [SMEs](https://businessplus.com.pk/tag/smes/)
- [Business Plus Current Account](https://businessplus.com.pk/tag/business-plus-current-account/)
- [NICL](https://businessplus.com.pk/tag/nicl/)
- [Telenor](https://businessplus.com.pk/tag/telenor/)
- [Ministry of Foreign Affairs](https://businessplus.com.pk/tag/ministry-of-foreign-affairs/)
- [Youm-e-Istehsal](https://businessplus.com.pk/tag/youm-e-istehsal/)
- [Starcom Pakistan](https://businessplus.com.pk/tag/starcom-pakistan/)
- [ekaterra](https://businessplus.com.pk/tag/ekaterra/)
- [Lipton](https://businessplus.com.pk/tag/lipton/)
- [Islamic Takaful](https://businessplus.com.pk/tag/islamic-takaful/)
- [Arif Habib Group](https://businessplus.com.pk/tag/arif-habib-group/)
- [Tenco](https://businessplus.com.pk/tag/tenco/)
- [Nokia](https://businessplus.com.pk/tag/nokia/)
- [TPL Trakker](https://businessplus.com.pk/tag/tpl-trakker/)
- [Independence Day](https://businessplus.com.pk/tag/independence-day/)
- [EODB](https://businessplus.com.pk/tag/eodb/)
- [Mohammed bin Salman bin Abdulaziz](https://businessplus.com.pk/tag/mohammed-bin-salman-bin-abdulaziz/)
- [SEZs](https://businessplus.com.pk/tag/sezs/)
- [twitter](https://businessplus.com.pk/tag/twitter/)
- [PIDE](https://businessplus.com.pk/tag/pide/)
- [Nutshell Conferences](https://businessplus.com.pk/tag/nutshell-conferences/)
- [OLMT](https://businessplus.com.pk/tag/olmt/)
- [Punjab Mass Transit Authority](https://businessplus.com.pk/tag/punjab-mass-transit-authority/)
- [PNSC](https://businessplus.com.pk/tag/pnsc/)
- [MCB](https://businessplus.com.pk/tag/mcb/)
- [Allied Bank](https://businessplus.com.pk/tag/allied-bank/)
- [Ali Zafar](https://businessplus.com.pk/tag/ali-zafar/)
- [Energy Performance Awards 2022](https://businessplus.com.pk/tag/energy-performance-awards-2022/)
- [Islamabad Business Summit](https://businessplus.com.pk/tag/islamabad-business-summit/)
- [Ignite](https://businessplus.com.pk/tag/ignite/)
- [LNG](https://businessplus.com.pk/tag/lng/)
- [MoE](https://businessplus.com.pk/tag/moe/)
- [RCCI](https://businessplus.com.pk/tag/rcci/)
- [Sea Transport](https://businessplus.com.pk/tag/sea-transport/)
- [World Cup 2023](https://businessplus.com.pk/tag/world-cup-2023/)
- [REIT](https://businessplus.com.pk/tag/reit/)
- [Multinet](https://businessplus.com.pk/tag/multinet/)
- [SSGC](https://businessplus.com.pk/tag/ssgc/)
- [Karandaz](https://businessplus.com.pk/tag/karandaz/)
- [Zong](https://businessplus.com.pk/tag/zong/)
- [World Telecom](https://businessplus.com.pk/tag/world-telecom/)
- [Sanofi-Aventis](https://businessplus.com.pk/tag/sanofi-aventis/)
- [MoITT](https://businessplus.com.pk/tag/moitt/)
- [Pakistan Freelancers Association](https://businessplus.com.pk/tag/pakistan-freelancers-association/)
- [SEZ](https://businessplus.com.pk/tag/sez/)
- [Red Crescent](https://businessplus.com.pk/tag/red-crescent/)
- [NUMS](https://businessplus.com.pk/tag/nums/)
- [ECP](https://businessplus.com.pk/tag/ecp/)
- [LCCI](https://businessplus.com.pk/tag/lcci/)
- [Reality Show](https://businessplus.com.pk/tag/reality-show/)
- [PSMA](https://businessplus.com.pk/tag/psma/)
- [Thar Coal](https://businessplus.com.pk/tag/thar-coal/)
- [Kashmir Beats Season 2](https://businessplus.com.pk/tag/kashmir-beats-season-2/)
- [Roosevelt Hotel](https://businessplus.com.pk/tag/roosevelt-hotel/)
- [COVID-19](https://businessplus.com.pk/tag/covid-19/)
- [Real Estate](https://businessplus.com.pk/tag/real-estate/)
- [Bank Islami](https://businessplus.com.pk/tag/bank-islami/)
- [IT](https://businessplus.com.pk/tag/it/)
- [Snap chat](https://businessplus.com.pk/tag/snap-chat/)
- [PA@SHA](https://businessplus.com.pk/tag/pasha-2/)
- [RLNG](https://businessplus.com.pk/tag/rlng/)
- [UN](https://businessplus.com.pk/tag/un/)
- [Agha Steel](https://businessplus.com.pk/tag/agha-steel/)
- [Gulberg Mall](https://businessplus.com.pk/tag/gulberg-mall/)
- [CCI](https://businessplus.com.pk/tag/cci/)
- [OLMRTS](https://businessplus.com.pk/tag/olmrts/)
- [Brands of the Year Award](https://businessplus.com.pk/tag/brands-of-the-year-award/)
- [ITCN Asia](https://businessplus.com.pk/tag/itcn-asia/)
- [A380](https://businessplus.com.pk/tag/a380/)
- [DOST App](https://businessplus.com.pk/tag/dost-app/)
- [Energy](https://businessplus.com.pk/tag/energy/)
- [US](https://businessplus.com.pk/tag/us/)
- [NDMA](https://businessplus.com.pk/tag/ndma/)
- [UNICEF](https://businessplus.com.pk/tag/unicef/)
- [PTEA](https://businessplus.com.pk/tag/ptea/)
- [Salaam Takaful](https://businessplus.com.pk/tag/salaam-takaful/)
- [CAREC](https://businessplus.com.pk/tag/carec/)
- [P@sha](https://businessplus.com.pk/tag/psha/)
- [IP Gas Pipeline](https://businessplus.com.pk/tag/ip-gas-pipeline/)
- [Asia Cup](https://businessplus.com.pk/tag/asia-cup/)
- [HEC](https://businessplus.com.pk/tag/hec/)
- [Zee Music](https://businessplus.com.pk/tag/zee-music/)
- [TCP](https://businessplus.com.pk/tag/tcp/)
- [UAE](https://businessplus.com.pk/tag/uae/)
- [China Three Gorges](https://businessplus.com.pk/tag/china-three-gorges/)
- [British Council](https://businessplus.com.pk/tag/british-council/)
- [ZTBL](https://businessplus.com.pk/tag/ztbl/)
- [Krave Mart](https://businessplus.com.pk/tag/krave-mart/)
- [NIC](https://businessplus.com.pk/tag/nic/)
- [Wartsila](https://businessplus.com.pk/tag/wartsila/)
- [TPL Corporation](https://businessplus.com.pk/tag/tpl-corporation/)
- [Fuel Adjustment Charges](https://businessplus.com.pk/tag/fuel-adjustment-charges/)
- [Watson Group](https://businessplus.com.pk/tag/watson-group/)
- [Gates Foundation](https://businessplus.com.pk/tag/gates-foundation/)
- [U.S.-Pakistan Women's Council](https://businessplus.com.pk/tag/u-s-pakistan-womens-council/)
- [Pakistan Agriculture Research](https://businessplus.com.pk/tag/pakistan-agriculture-research/)
- [VEON Group](https://businessplus.com.pk/tag/veon-group/)
- [VISA](https://businessplus.com.pk/tag/visa/)
- [FIFA](https://businessplus.com.pk/tag/fifa/)
- [COMSTECH](https://businessplus.com.pk/tag/comstech/)
- [WB](https://businessplus.com.pk/tag/wb/)
- [Faisalabad Women Chamber](https://businessplus.com.pk/tag/faisalabad-women-chamber/)
- [woman empowerment](https://businessplus.com.pk/tag/woman-empowerment/)
- [PPAF](https://businessplus.com.pk/tag/ppaf/)
- [Health](https://businessplus.com.pk/tag/health/)
- [PNRA](https://businessplus.com.pk/tag/pnra/)
- [PTDC](https://businessplus.com.pk/tag/ptdc/)
- [Swiss insurtech](https://businessplus.com.pk/tag/swiss-insurtech/)
- [NFEH](https://businessplus.com.pk/tag/nfeh/)
- [Pak-Qatar Asset Management](https://businessplus.com.pk/tag/pak-qatar-asset-management/)
- [SAP](https://businessplus.com.pk/tag/sap/)
- [PCB](https://businessplus.com.pk/tag/pcb/)
- [DP World](https://businessplus.com.pk/tag/dp-world/)
- [Food Security](https://businessplus.com.pk/tag/food-security/)
- [PBIT](https://businessplus.com.pk/tag/pbit/)
- [FMCG](https://businessplus.com.pk/tag/fmcg/)
- [ICCIA](https://businessplus.com.pk/tag/iccia/)
- [TDAP](https://businessplus.com.pk/tag/tdap/)
- [NFRCC](https://businessplus.com.pk/tag/nfrcc/)
- [Metaversa](https://businessplus.com.pk/tag/metaversa/)
- [GIFA](https://businessplus.com.pk/tag/gifa/)
- [Snack Video](https://businessplus.com.pk/tag/snack-video/)
- [EASA](https://businessplus.com.pk/tag/easa/)
- [Teacher Days](https://businessplus.com.pk/tag/teacher-days/)
- [WWF](https://businessplus.com.pk/tag/wwf/)
- [InfraZamin](https://businessplus.com.pk/tag/infrazamin/)
- [World Bank](https://businessplus.com.pk/tag/world-bank/)
- [Reko Diq](https://businessplus.com.pk/tag/reko-diq/)
- [Pfizer](https://businessplus.com.pk/tag/pfizer/)
- [Moody's](https://businessplus.com.pk/tag/moodys/)
- [Centaurus Mall](https://businessplus.com.pk/tag/centaurus-mall/)
- [Zero Carbon Emissions](https://businessplus.com.pk/tag/zero-carbon-emissions/)
- [Coffee Bean](https://businessplus.com.pk/tag/coffee-bean/)
- [GITEX GLOBAL](https://businessplus.com.pk/tag/gitex-global/)
- [Mauritius](https://businessplus.com.pk/tag/mauritius/)
- [Ericsson](https://businessplus.com.pk/tag/ericsson/)
- [Healthcare](https://businessplus.com.pk/tag/healthcare/)
- [Pak-Qatar Takaful](https://businessplus.com.pk/tag/pak-qatar-takaful/)
- [Dengue](https://businessplus.com.pk/tag/dengue/)
- [FAO](https://businessplus.com.pk/tag/fao/)
- [Silk Bank](https://businessplus.com.pk/tag/silk-bank/)
- [Wapda](https://businessplus.com.pk/tag/wapda/)
- [Sarsabz Pakistan](https://businessplus.com.pk/tag/sarsabz-pakistan/)
- [WHO](https://businessplus.com.pk/tag/who/)
- [Exports](https://businessplus.com.pk/tag/exports/)
- [Samsung](https://businessplus.com.pk/tag/samsung/)
- [ICAP](https://businessplus.com.pk/tag/icap/)
- [Economy](https://businessplus.com.pk/tag/economy/)
- [KFW](https://businessplus.com.pk/tag/kfw/)
- [BISP](https://businessplus.com.pk/tag/bisp/)
- [Tetra Pak](https://businessplus.com.pk/tag/tetra-pak/)
- [ECNEC](https://businessplus.com.pk/tag/ecnec/)
- [PSQCA](https://businessplus.com.pk/tag/psqca/)
- [Current Account Deficit](https://businessplus.com.pk/tag/current-account-deficit/)
- [Solar Energy](https://businessplus.com.pk/tag/solar-energy/)
- [transport services](https://businessplus.com.pk/tag/transport-services/)
- [Trade Deficit](https://businessplus.com.pk/tag/trade-deficit/)
- [Khewra Salt Mines](https://businessplus.com.pk/tag/khewra-salt-mines/)
- [IT Sector](https://businessplus.com.pk/tag/it-sector/)
- [OPay](https://businessplus.com.pk/tag/opay/)
- [IFIs](https://businessplus.com.pk/tag/ifis/)
- [G20](https://businessplus.com.pk/tag/g20/)
- [Chinese markets](https://businessplus.com.pk/tag/chinese-markets/)
- [Insurnace](https://businessplus.com.pk/tag/insurnace/)
- [Dollar](https://businessplus.com.pk/tag/dollar/)
- [IT Exports](https://businessplus.com.pk/tag/it-exports/)
- [Pak-US](https://businessplus.com.pk/tag/pak-us/)
- [Commercial Bank](https://businessplus.com.pk/tag/commercial-bank/)
- [Pakistan Outlook](https://businessplus.com.pk/tag/pakistan-outlook/)
- [Silicon Valley](https://businessplus.com.pk/tag/silicon-valley/)
- [Islamic Tourism](https://businessplus.com.pk/tag/islamic-tourism/)
- [Halal Food](https://businessplus.com.pk/tag/halal-food/)
- [EIA](https://businessplus.com.pk/tag/eia/)
- [CDA](https://businessplus.com.pk/tag/cda/)
- [FTX Digital Markets](https://businessplus.com.pk/tag/ftx-digital-markets/)
- [Crypto](https://businessplus.com.pk/tag/crypto/)
- [MSCI's Market](https://businessplus.com.pk/tag/mscis-market/)
- [Population Division](https://businessplus.com.pk/tag/population-division/)
- [Xiaomi](https://businessplus.com.pk/tag/xiaomi/)
- [Global Shield Funding](https://businessplus.com.pk/tag/global-shield-funding/)
- [Temenos Banking Cloud](https://businessplus.com.pk/tag/temenos-banking-cloud/)
- [Invest Bank](https://businessplus.com.pk/tag/invest-bank/)
- [Petroleum Products](https://businessplus.com.pk/tag/petroleum-products/)
- [US-Pak](https://businessplus.com.pk/tag/us-pak/)
- [Wenzhou Pump Valve Fair](https://businessplus.com.pk/tag/wenzhou-pump-valve-fair/)
- [Energy Drinks](https://businessplus.com.pk/tag/energy-drinks/)
- [Fruit Nation](https://businessplus.com.pk/tag/fruit-nation/)
- [Eastern Pacific Shipping](https://businessplus.com.pk/tag/eastern-pacific-shipping/)
- [PACC](https://businessplus.com.pk/tag/pacc/)
- [RDA](https://businessplus.com.pk/tag/rda/)
- [Education Expo](https://businessplus.com.pk/tag/education-expo/)
- [Joyland](https://businessplus.com.pk/tag/joyland/)
- [United Business Group](https://businessplus.com.pk/tag/united-business-group/)
- [UNFPA](https://businessplus.com.pk/tag/unfpa/)
- [Jazz](https://businessplus.com.pk/tag/jazz/)
- [Textile Exports](https://businessplus.com.pk/tag/textile-exports/)
- [East Sea Group](https://businessplus.com.pk/tag/east-sea-group/)
- [fruit exports](https://businessplus.com.pk/tag/fruit-exports/)
- [Women Business Network](https://businessplus.com.pk/tag/women-business-network/)
- [Skardu IT Park](https://businessplus.com.pk/tag/skardu-it-park/)
- [WorldCall Telecom](https://businessplus.com.pk/tag/worldcall-telecom/)
- [TRG Pak](https://businessplus.com.pk/tag/trg-pak/)
- [Vitol](https://businessplus.com.pk/tag/vitol/)
- [Pakistan Music Festival](https://businessplus.com.pk/tag/pakistan-music-festival/)
- [TikTok](https://businessplus.com.pk/tag/tiktok/)
- [QatarEnergy](https://businessplus.com.pk/tag/qatarenergy/)
- [OPEC](https://businessplus.com.pk/tag/opec/)
- [Single Country Exhibition](https://businessplus.com.pk/tag/single-country-exhibition/)
- [COAS](https://businessplus.com.pk/tag/coas/)
- [LSE](https://businessplus.com.pk/tag/lse/)
- [Crude Oil](https://businessplus.com.pk/tag/crude-oil/)
- [Seafood exports](https://businessplus.com.pk/tag/seafood-exports/)
- [Pak-China Fertilizer](https://businessplus.com.pk/tag/pak-china-fertilizer/)
- [Jinnah Convention Center](https://businessplus.com.pk/tag/jinnah-convention-center/)
- [QUBED](https://businessplus.com.pk/tag/qubed/)
- [China Energy International](https://businessplus.com.pk/tag/china-energy-international/)
- [flydubai](https://businessplus.com.pk/tag/flydubai/)
- [Google Tech Valley](https://businessplus.com.pk/tag/google-tech-valley/)
- [City School](https://businessplus.com.pk/tag/city-school/)
- [AIIB](https://businessplus.com.pk/tag/aiib/)
- [E&P](https://businessplus.com.pk/tag/ep/)
- [Roche](https://businessplus.com.pk/tag/roche/)
- [Shipping Industry](https://businessplus.com.pk/tag/shipping-industry/)
- [NFML](https://businessplus.com.pk/tag/nfml/)
- [ILO](https://businessplus.com.pk/tag/ilo/)
- [Khyber Bank](https://businessplus.com.pk/tag/khyber-bank/)
- [ICMA](https://businessplus.com.pk/tag/icma/)
- [NIBAF](https://businessplus.com.pk/tag/nibaf/)
- [ASF](https://businessplus.com.pk/tag/asf/)
- [APICTA Awards](https://businessplus.com.pk/tag/apicta-awards/)
- [PSO](https://businessplus.com.pk/tag/pso/)
- [ChaseUp](https://businessplus.com.pk/tag/chaseup/)
- [CFA](https://businessplus.com.pk/tag/cfa/)
- [IoBM](https://businessplus.com.pk/tag/iobm/)
- [Oxford University](https://businessplus.com.pk/tag/oxford-university/)
- [TriFit](https://businessplus.com.pk/tag/trifit/)
- [BRSP](https://businessplus.com.pk/tag/brsp/)
- [NHA](https://businessplus.com.pk/tag/nha/)
- [M-9 Motorway](https://businessplus.com.pk/tag/m-9-motorway/)
- [MCCI](https://businessplus.com.pk/tag/mcci/)
- [TeleHealth](https://businessplus.com.pk/tag/telehealth/)
- [UVAS](https://businessplus.com.pk/tag/uvas/)
- [School Milk Program](https://businessplus.com.pk/tag/school-milk-program/)
- [TSA](https://businessplus.com.pk/tag/tsa/)
- [Etisalat](https://businessplus.com.pk/tag/etisalat/)
- [Ismail Industries](https://businessplus.com.pk/tag/ismail-industries/)
- [MicroSoft](https://businessplus.com.pk/tag/microsoft/)
- [ICT](https://businessplus.com.pk/tag/ict/)
- [CWC22](https://businessplus.com.pk/tag/cwc22/)
- [Southwest Airlines](https://businessplus.com.pk/tag/southwest-airlines/)
- [Starlinks](https://businessplus.com.pk/tag/starlinks/)
- [NetLine](https://businessplus.com.pk/tag/netline/)
- [Foxconn Technology](https://businessplus.com.pk/tag/foxconn-technology/)
- [DISCOs](https://businessplus.com.pk/tag/discos/)
- [DigitalOcean](https://businessplus.com.pk/tag/digitalocean/)
- [Climate Resilient](https://businessplus.com.pk/tag/climate-resilient/)
- [Bahria Town](https://businessplus.com.pk/tag/bahria-town/)
- [Oil](https://businessplus.com.pk/tag/oil/)
- [PMEX](https://businessplus.com.pk/tag/pmex/)
- [State Life Insurance](https://businessplus.com.pk/tag/state-life-insurance/)
- [Women Empowerment](https://businessplus.com.pk/tag/women-empowerment/)
- [Women Empowerment Principals](https://businessplus.com.pk/tag/women-empowerment-principals/)
- [Dellsons Associates](https://businessplus.com.pk/tag/dellsons-associates/)
- [A.F.Ferguson](https://businessplus.com.pk/tag/a-f-ferguson/)
- [TDCP](https://businessplus.com.pk/tag/tdcp/)
- [Boeing](https://businessplus.com.pk/tag/boeing/)
- [Airbus](https://businessplus.com.pk/tag/airbus/)
- [Savyour](https://businessplus.com.pk/tag/savyour/)
- [Easypaisa](https://businessplus.com.pk/tag/easypaisa/)
- [PSL](https://businessplus.com.pk/tag/psl/)
- [PBC](https://businessplus.com.pk/tag/pbc/)
- [Getz Group](https://businessplus.com.pk/tag/getz-group/)
- [Hugosave](https://businessplus.com.pk/tag/hugosave/)
- [Attock Oil](https://businessplus.com.pk/tag/attock-oil/)
- [Bitcoin](https://businessplus.com.pk/tag/bitcoin/)
- [Coursera](https://businessplus.com.pk/tag/coursera/)
- [YourChamp](https://businessplus.com.pk/tag/yourchamp/)
- [BB Energy](https://businessplus.com.pk/tag/bb-energy/)
- [Diamar Bhasha Dam](https://businessplus.com.pk/tag/diamar-bhasha-dam/)
- [QTerminals](https://businessplus.com.pk/tag/qterminals/)
- [ENI](https://businessplus.com.pk/tag/eni/)
- [Barrick Gold](https://businessplus.com.pk/tag/barrick-gold/)
- [Economic Outlook](https://businessplus.com.pk/tag/economic-outlook/)
- [Google](https://businessplus.com.pk/tag/google/)
- [SPARC](https://businessplus.com.pk/tag/sparc/)
- [K3 Power Plant](https://businessplus.com.pk/tag/k3-power-plant/)
- [Avanza](https://businessplus.com.pk/tag/avanza/)
- [KANUP](https://businessplus.com.pk/tag/kanup/)
- [IAEA](https://businessplus.com.pk/tag/iaea/)
- [LUNA Care](https://businessplus.com.pk/tag/luna-care/)
- [GameKey Arena](https://businessplus.com.pk/tag/gamekey-arena/)
- [PUBG MOBILE](https://businessplus.com.pk/tag/pubg-mobile/)
- [CTGI](https://businessplus.com.pk/tag/ctgi/)
- [PSL Season 8](https://businessplus.com.pk/tag/psl-season-8/)
- [Al Ghazi Tractors](https://businessplus.com.pk/tag/al-ghazi-tractors/)
- [Al-Futtaim Group](https://businessplus.com.pk/tag/al-futtaim-group/)
- [Alibaba](https://businessplus.com.pk/tag/alibaba/)
- [CSR](https://businessplus.com.pk/tag/csr/)
- [Social Champ](https://businessplus.com.pk/tag/social-champ/)
- [UNESCO](https://businessplus.com.pk/tag/unesco/)
- [Gerry's Group](https://businessplus.com.pk/tag/gerrys-group/)
- [Singapore Airlines](https://businessplus.com.pk/tag/singapore-airlines/)
- [Chicago Booth](https://businessplus.com.pk/tag/chicago-booth/)
- [Lufthansa](https://businessplus.com.pk/tag/lufthansa/)
- [GRASP](https://businessplus.com.pk/tag/grasp/)
- [Siemens](https://businessplus.com.pk/tag/siemens/)
- [Start-ups](https://businessplus.com.pk/tag/start-ups/)
- [MOL Group](https://businessplus.com.pk/tag/mol-group/)
- [Hilal Group](https://businessplus.com.pk/tag/hilal-group/)
- [Infraco Asia](https://businessplus.com.pk/tag/infraco-asia/)
- [FBL](https://businessplus.com.pk/tag/fbl/)
- [Punjab Bank](https://businessplus.com.pk/tag/punjab-bank/)
- [Netflix](https://businessplus.com.pk/tag/netflix/)
- [Almoiz Group](https://businessplus.com.pk/tag/almoiz-group/)
- [Sehat kahani](https://businessplus.com.pk/tag/sehat-kahani/)
- [Ziauddin University](https://businessplus.com.pk/tag/ziauddin-university/)
- [Rotary International](https://businessplus.com.pk/tag/rotary-international/)
- [Coal Mine Power](https://businessplus.com.pk/tag/coal-mine-power/)
- [TASDEEQ](https://businessplus.com.pk/tag/tasdeeq/)
- [Tecno](https://businessplus.com.pk/tag/tecno/)
- [ABL](https://businessplus.com.pk/tag/abl/)
- [Takaful Bazaar](https://businessplus.com.pk/tag/takaful-bazaar/)
- [e&](https://businessplus.com.pk/tag/e/)
- [Engro](https://businessplus.com.pk/tag/engro/)
- [DE-CIX](https://businessplus.com.pk/tag/de-cix/)
- [Riyadh Air](https://businessplus.com.pk/tag/riyadh-air/)
- [FPBC](https://businessplus.com.pk/tag/fpbc/)
- [Sunwalk Group](https://businessplus.com.pk/tag/sunwalk-group/)
- [Naveena Group](https://businessplus.com.pk/tag/naveena-group/)
- [Women's Day](https://businessplus.com.pk/tag/womens-day/)
- [Qistbazaar](https://businessplus.com.pk/tag/qistbazaar/)
- [United Airlines](https://businessplus.com.pk/tag/united-airlines/)
- [PAMA](https://businessplus.com.pk/tag/pama/)
- [IRC](https://businessplus.com.pk/tag/irc/)
- [Matesol](https://businessplus.com.pk/tag/matesol/)
- [SME](https://businessplus.com.pk/tag/sme/)
- [TEXPO 2023](https://businessplus.com.pk/tag/texpo-2023/)
- [United Insurance](https://businessplus.com.pk/tag/united-insurance/)
- [TCF](https://businessplus.com.pk/tag/tcf/)
- [IATA](https://businessplus.com.pk/tag/iata/)
- [Philip Morris](https://businessplus.com.pk/tag/philip-morris/)
- [Summit Bank](https://businessplus.com.pk/tag/summit-bank/)
- [Paymob](https://businessplus.com.pk/tag/paymob/)
- [1LINK](https://businessplus.com.pk/tag/1link/)
- [VELO Sound](https://businessplus.com.pk/tag/velo-sound/)
- [D&B](https://businessplus.com.pk/tag/db/)
- [dnata](https://businessplus.com.pk/tag/dnata/)
- [Toyota](https://businessplus.com.pk/tag/toyota/)
- [PSW](https://businessplus.com.pk/tag/psw/)
- [TMB](https://businessplus.com.pk/tag/tmb/)
- [Hashoo Foundation](https://businessplus.com.pk/tag/hashoo-foundation/)
- [AI](https://businessplus.com.pk/tag/ai/)
- [Sastaticket](https://businessplus.com.pk/tag/sastaticket/)
- [SalamAir](https://businessplus.com.pk/tag/salamair/)
- [SNGPL](https://businessplus.com.pk/tag/sngpl/)
- [Attock Group](https://businessplus.com.pk/tag/attock-group/)
- [NRL](https://businessplus.com.pk/tag/nrl/)
- [PACRA](https://businessplus.com.pk/tag/pacra/)
- [PepsiCo](https://businessplus.com.pk/tag/pepsico/)
- [New Hampshire Insurance](https://businessplus.com.pk/tag/new-hampshire-insurance/)
- [SECMC](https://businessplus.com.pk/tag/secmc/)
- [GITEX](https://businessplus.com.pk/tag/gitex/)
- [SAARC](https://businessplus.com.pk/tag/saarc/)
- [NUST](https://businessplus.com.pk/tag/nust/)
- [EFU Life](https://businessplus.com.pk/tag/efu-life/)
- [KASB](https://businessplus.com.pk/tag/kasb/)
- [Bank of AJK](https://businessplus.com.pk/tag/bank-of-ajk/)
- [SCO](https://businessplus.com.pk/tag/sco/)
- [PAFLA](https://businessplus.com.pk/tag/pafla/)
- [Budget 2023-24](https://businessplus.com.pk/tag/budget-2023-24/)
- [KCCI](https://businessplus.com.pk/tag/kcci/)
- [Biparjoy](https://businessplus.com.pk/tag/biparjoy/)
- [PPL](https://businessplus.com.pk/tag/ppl/)
- [SOCAR](https://businessplus.com.pk/tag/socar/)
- [Wavetec](https://businessplus.com.pk/tag/wavetec/)
- [NCR](https://businessplus.com.pk/tag/ncr/)
- [Azerbaijan Airlines](https://businessplus.com.pk/tag/azerbaijan-airlines/)
- [Suzuki Motors](https://businessplus.com.pk/tag/suzuki-motors/)
- [PAEC](https://businessplus.com.pk/tag/paec/)