State Bank of Pakistan has granted the government-run Bank of China a license to operate in Pakistan. The bank will commence its business in branch mode after meeting other regulatory…
Pakistan and Afghanistan will Use Google Maps to Settle the Border Dispute
Pakistan shares its borders with four neighboring countries – Afghanistan, China, India, and Iran. The border with Afghanistan is the longest at 2,430 kilometers, called Durand Line which runs from…
Pakistan has the Highest Number of Power Outages in the Region
A recent report from the Asian Development Bank says that Pakistan endures one of the region’s highest numbers of power outages. It needs massive investment in energy infrastructure as the…
766 New Companies Registered in Just One Month
The Securities and Exchange Commission of Pakistan (SECP) has registered 766 new companies during the first month of 2017. In the last three months, incorporation of new companies witnessed 48…
Govt to Auction Next Generation 3G/4G Spectrum
The Industry and telecom sector has witnessed an exponential growth in the past few years after two rounds of 3G/4G spectrum auctions. There is remarkable increase in the number of…
Mastercard to Optimize Pakistani ID Cards with E-Payments Facility
Mastercard has recently announced its collaboration with NADRA to optimize National ID cards with electronic payments functionality. It enables all Pakistani citizens to carry out financial transactions by only using…
Suspension of Mobile Phone Services is Illegal Unless There’s an Emergency
The Islamabad High Court has said that as per law government can’t suspended cellular services, unless there is an emergency. Arguing over the federal government’s stance of frequent mobile phone services…
Doing Business in Pakistan Conference Aims to Bring British Investment
The Pakistan Britain Business Council, in partnership with Consulate of Pakistan in Glasgow and Scottish Development International are going to host a Trade Conference titled “Doing Business in Pakistan” tomorrow,…
Google To Promote IT Development and Ecommerce in Pakistan
Google says that it could play a role in further IT development and promotion of ecommerce in Pakistan as the country has already made rapid progress in this sector. Ann…