Dewan Motors Pvt. Ltd., the country’s authorized BMW importer, have teamed up to boost the electric vehicle (EV) infrastructure in Pakistan.
Dewan had launched the first Plug-in Hybrid Vehicles in Pakistan with BMW brand back...
Embracing a dynamic shift, sixteen banks and Microfinance Banks (MFBs) have broadened their horizons by venturing into Branchless Banking (BB) services in the first quarter of FY24. This strategic move is highlighted in the...
Experience a substantial uptick in retail transactions as Pakistan sees a noteworthy 4.2% surge in volume and an impressive 22.4% increase in value during the first quarter of fiscal year 2024, concluding on September...
In a testament to the increasing acceptance and reach of Islamic banking, the assets of Islamic banks have surged, reaching an impressive figure of over Rs. 8 trillion by the end of September 2023....
Startup funding landscape in Pakistan has experienced a challenging year, witnessing a significant downturn with investments plummeting to $75.6 million in 2023, as revealed by Data Darbar. This marks a substantial 77.2 percent year-on-year...
In a concerning development, hackers have successfully infiltrated FBR's sales tax system, manipulating sales tax returns of legitimate taxpayers to claim false sales/purchases and illicitly obtain tax credits and refunds amounting to billions.
The Federal...
Pakistan Stock Exchange's KSE-100 Index Records Impressive 55% Gain in 2023
In a significant turn of events, the Pakistan Stock Exchange's (PSX) benchmark KSE-100 Index delivered a remarkable gain of 55 percent in 2023, according...
To enhance customer satisfaction and streamline grievance redressal processes, the State Bank of Pakistan (SBP) has reintroduced its dedicated portal, Sunwai, to promptly address issues and complaints from bank customers.
The bilingual portal, designed to...