Latest

The Biz Update

Foreign Currencies

Swedish Companies in Pakistan Face Challenges Amid High Taxes and Energy Costs

KARACHI, November 21 2024: Swedish Ambassador to Pakistan, Ms. Alexandra Berg von Linde, highlighted the difficulties faced by Swedish businesses operating in Pakistan, pointing to high tax rates, soaring energy prices, and challenges in transferring foreign currencies. Despite these obstacles, over 40 Swedish companies, including iconic brands, have been established in Pakistan and have played…

Read More
OSAKA

Osaka Batteries Makes Its Mark at Africa’s Leading Automotive Expo

KARACHI, November 21 2024: Automechanika Johannesburg 2024 concluded on a high note today at the Johannesburg Expo Centre, having hosted a remarkable 670 exhibitors from 18 countries and attracted 5,631 visitors from 38 nations. This year’s event highlighted the latest developments in automotive parts, systems, and services, with a special focus on innovation and sustainability…

Read More
SECP

SECP Rejoins IOPS to Boost Pension Sector Reforms in Pakistan

ISLAMABAD, November 21 2024: In a significant development for Pakistan’s pension sector, the Securities and Exchange Commission of Pakistan (SECP) has rejoined the International Organization of Pension Supervisors (IOPS) as a Governing Member. This strategic move reflects Pakistan’s determination to modernize its pension systems and align with global standards, ensuring sustainable retirement income solutions for…

Read More
BEST PAVILION

Jam Kamal Khan’s Leadership Leads Pakistan to “Best Pavilion” Award

KARACHI, November 21 2024: In a significant achievement for Pakistan, the country’s pavilion was awarded the prestigious “Best Pavilion” award at the Global Sourcing Expo held at the Melbourne Convention Center from November 19 to 21, 2024. This remarkable success is a testament to the visionary leadership of Federal Minister for Commerce, Jam Kamal Khan,…

Read More
IDEAS EXPO

IDEAS 2024: A Strategic Alliance Between Defense R&D and Civilian Innovation

KARACHI, November 20 2024: Around the globe, governments have historically driven innovation ecosystems, often using defense research and development (R&D) as a springboard for technological progress. The 12th International Defence Exhibition and Seminar (IDEAS-2024) offers Pakistan a timely opportunity to rethink and reshape the synergy between its defense sector and civilian science and technology (S&T)…

Read More