The 23rd Council of Heads of Government meeting of the Shanghai Cooperation Organisation (SCO) saw a reaffirmation of support for China’s Belt and Road Initiative (BRI) as leaders from member states gathered in Islamabad to discuss strategies for strengthening regional cooperation and economic growth. Despite India blocking consensus on the sweeping infrastructure project, the summit […]
The Pakistani automotive sector is set to witness a major transformation as Mega Motor Company (Private) Limited, an associate company of The Hub Power Company Limited (HUBCO), partners with BYD Auto Industry Company Limited. This newly forged alliance, formalized under a Master Supply and Manufacture Agreement, aims to manufacture, market, distribute, and sell BYD brand […]
In a candid address to the members of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial shed light on the pressing issues plaguing Pakistan’s taxation system. His remarks highlighted a troubling reality: even among the wealthiest top five percent of the population, tax compliance […]
In a world increasingly affected by climate change, the need for proactive measures to enhance resilience and adaptation has never been more urgent. The International Monetary Fund (IMF) has recently underscored this necessity for Pakistan, urging the nation to allocate over Rs1.24 trillion annually—equivalent to 1% of its GDP—towards climate resilience and adaptation initiatives. This […]
In the realm of policymaking, establishing clearly defined short, medium, and long-term goals is essential for sustainable development. However, Pakistan’s power sector has been caught in a cycle of reactive measures, akin to a game of whac-a-mole, where the government addresses one pressing issue only for another to arise. This ongoing struggle has left the […]
The Pakistani startup ecosystem continues to thrive, as demonstrated at the four-day Extend North Star international startup show held in Dubai. The event, which concluded on Wednesday, offered a golden opportunity for startups from around the world to showcase their innovative solutions, and Pakistani startups made a remarkable impression on the global stage. From fintech […]
Pakistan and Iran are on the path to strengthening their trade and economic ties, focusing on collaboration that can reshape regional markets and enhance stability. During the sidelines of the 2024 Shanghai Cooperation Organisation (SCO) summit in Islamabad, both nations underscored the importance of regional cooperation in unlocking untapped economic potential. Federal Minister for Commerce, […]
The recent Gulf Information Technology Exhibition (GITEX) in Dubai marked a momentous occasion for Pakistan’s burgeoning tech industry. As one of the largest tech expos globally, featuring over 6,000 companies from across the world, GITEX provided an unparalleled platform for innovation, collaboration, and business expansion. This year, Pakistani companies, under the banner of “Tech Destination […]
Pakistani Tech Firms Shine at GITEX Dubai: A Major Leap for the Country’s IT Industry The recent Gulf Information Technology Exhibition (GITEX) in Dubai marked a momentous occasion for Pakistan’s burgeoning tech industry. As one of the largest tech expos globally, featuring over 6,000 companies from across the world, GITEX provided an unparalleled platform for […]
On October 10, 2024, a significant event unfolded at the Pakistan Stock Exchange (PSX) as a gong ceremony was held to celebrate the listing of Burj Clean Energy Modaraba (Burj Modaraba). This moment marks a pivotal milestone in Pakistan’s capital markets and a promising shift toward sustainable energy investments. As the country’s first green energy […]
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