Pakistan's EV Expansion: 40 Charging Stations and Financing Plan
Employment Lifestyle Productivity

Pakistan and China Strengthen Bilateral Ties in the Automotive Sector at 2024 Taizhou Expo

Pakistan and China have taken another significant step in solidifying their longstanding relationship, with a renewed focus on the rapidly growing automotive sector. During the 2024 Taizhou International Automobile Industry Expo, Pakistan’s Consul General in Shanghai, Shehzad Ahmad Khan, emphasized the potential of this partnership, particularly in the areas of technological innovation and sustainable practices. […]

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Customs Green Channel Changes Cause Import Delays
Employment Lifestyle Productivity

FBR’s Nationwide Tax Compliance Campaign: Education, Awareness, and Strict Penalties to Follow

The Federal Board of Revenue (FBR) is embarking on a comprehensive national initiative aimed at increasing tax compliance across Pakistan. In an announcement made on Thursday, FBR Spokesperson Bakhtiar Muhammad revealed the plan to educate taxpayers through seminars, workshops, and widespread media outreach. The campaign is designed to inform individuals and businesses about Pakistan’s tax […]

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Condom Ad Controversy in Pakistan: Access and Attitudes
Employment Lifestyle Productivity

The Controversy Over Condoms in Pakistan: A Reflection on Cultural Attitudes and Contraceptive Access

In 2013, a seemingly innocuous advertisement for Josh condoms sparked a national uproar in Pakistan. The 50-second spot quickly became the focal point of outrage, prompting an avalanche of complaints to the Pakistan Electronic Media Regulatory Authority (PEMRA). The public outcry reached such intensity that PEMRA officials declared the ad a blatant violation of broadcasting […]

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Employment Lifestyle Productivity

Unlocking Credit for SMEs in Pakistan: The Role of Fintech and Policy Challenges

In Pakistan, the dream of increasing credit access for small and medium-sized enterprises (SMEs)—often considered the backbone of any economy—has long been a focus for both the State Bank of Pakistan (SBP) and the Securities and Exchange Commission of Pakistan (SECP). With the advent of fintech platforms, this dream appears tantalizingly within reach. However, significant […]

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SBP Reports Record Profit of Rs3.4 Trillion: Key Insights
Employment Lifestyle Productivity

State Bank of Pakistan Reports Record Profit of Rs3.4 Trillion: Implications for the Government and Economy

In a remarkable financial turnaround, the State Bank of Pakistan (SBP) reported an unprecedented profit of Rs3.4 trillion for the fiscal year 2023-24 (FY24). This substantial profit is set to play a crucial role in supporting a cash-strapped government facing escalating debt servicing costs. According to Mohammed Sohail, CEO of Topline Securities, this profit eclipses […]

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FTC Unveils Serious Flaws in Social Media Data Practices
Employment Lifestyle Productivity

FTC Report Exposes Inadequacies in Social Media Data Practices: A Call for Transparency

In an age where social media has become a ubiquitous part of daily life, the implications of data collection practices have come under intense scrutiny. A recent report by the U.S. Federal Trade Commission (FTC) has shed light on the troubling ways social media companies handle user data, revealing significant inadequacies in their management and […]

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Pakistan Startup Ecosystem Struggles Despite $750M in Funding
Employment Lifestyle Productivity

The CCP’s Crackdown on Misleading Discounts: What Consumers and Brands Need to Know

In recent months, the Competition Commission of Pakistan (CCP) has stepped up its efforts to protect consumers from misleading advertising practices, particularly regarding discount promotions during “End of Season Sales.” This initiative comes as part of the CCP’s ongoing mission to ensure fair competition and economic efficiency in the marketplace. With the rising trend of […]

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Pakistan’s Revenue Surge in September 2024: Key Insights
Employment Lifestyle Productivity

Pakistan’s Tax System: A Crisis of Fiscal Terrorism Against the Poor

Pakistan, a country already grappling with multidimensional extremism and terrorism, is now confronting a new form of hardship: fiscal terrorism. This form of economic oppression isn’t imposed by external enemies, but by the state itself. The nation’s tax system, primarily dependent on regressive indirect taxes, affects every aspect of the socioeconomic landscape. It is a […]

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Pakistan and China to Expand CPEC with 70+ New Projects
Employment Lifestyle Productivity

Pakistan and China to Expand CPEC with 70+ New Projects in Phase 2

The China-Pakistan Economic Corridor (CPEC) has become a cornerstone of Pakistan’s economic development since its launch in 2013, transforming key sectors and establishing a long-term collaboration between Pakistan and China. Following the successful completion of CPEC’s first phase, the Pakistani government has now outlined more than 70 new projects for the second phase of CPEC. […]

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