KARACHI: June 2025 — The State Bank of Pakistan (SBP) has announced a major technological shift in how government securities are traded and auctioned. In a recent circular, the central bank confirmed that all auctions of Market Treasury Bills (MTBs) and Pakistan Investment Bonds (PIBs), including buyback auctions, will now be conducted through the upgraded […]
Karachi, Pakistan – June 24, 2025 — The National Bank of Pakistan (NBP) has rolled out a new financing initiative aimed at supporting the growth and sustainability of Small and Medium Enterprises (SMEs), with a special focus on flour mills operating across the country. As part of its broader mission to promote financial inclusion and […]
LAHORE: MCB Islamic Bank has been recognised as one of the best-performing banks in conducting activities related to the promotion of Islamic Banking and Finance for the year 2024–2025. The recognition was announced during the 5th ROC (Regional Oversight Committee) meeting held in Lahore. The performance award was presented to the Bank by Tariq Riaz, […]
Karachi, Pakistan – June 24, 2025 — In a move set to transform the commuting experience across Pakistan, Bykea has officially rolled out digital payments for all rides, enabling millions of users to enjoy a seamless, secure, and cashless way to travel. Starting today, passengers can conveniently pay their Driver Partners using a variety of […]
Islamabad, Pakistan – June 2025 — A groundbreaking new fintech platform, Karsa, has launched with a mission to provide users in emerging markets with seamless access to the U.S. financial system. Designed for freelancers, families, and savers in countries like Pakistan, Karsa offers a virtual U.S. dollar account that can be opened in minutes — […]
Jazz, Pakistan’s leading digital operator, has signed a strategic Memorandum of Understanding (MoU) with the British Council and Tech Valley – the Google for Education partner in Pakistan – to scale up access to digital education, capacity building, and social development initiatives nationwide. The MoU was signed at a ceremony at Jazz Headquarters and marks the beginning […]
Karachi, Pakistan – June 23, 2025 — Computer Research Private Limited (CRPL) is proud to announce a strategic partnership with Habib Bank Limited (HBL) to deliver a cutting-edge Digital Supply Chain Finance (SCF) Solution tailored for corporate, commercial, and SME clients across Pakistan. The partnership marks a significant milestone in HBL’s journey to digitise financial […]
Islamabad, Pakistan – Despite significant advancements in Pakistan’s digital payments infrastructure, adoption of point-of-sale (POS) systems among Micro, Small, and Medium Enterprises (MSMEs) remains critically low. According to the latest data from the State Bank of Pakistan (SBP), only 151,000 retailers out of an estimated 5 million MSMEs have installed POS systems—translating to a penetration […]
ISLAMABAD: The government has officially launched the National Electric Vehicle (NEV) Policy 2025–30, aiming to reduce carbon emissions, cut fuel imports, and promote local manufacturing of electric vehicles (EVs). Speaking at the launch, Prime Minister’s Special Assistant on Industries Haroon Akhtar Khan said the policy will not only strengthen Pakistan’s economy but also protect the […]
Jazz, Pakistan’s leading digital operator, proudly joins the national celebration as the country crosses the landmark of 200 million mobile subscribers. With over 73 million mobile users, 53 million 4G subscribers, and more than 100 million digital customers across its platforms, Jazz continues to lead the industry in expanding digital access and driving inclusive connectivity. […]