Business
P@SHA Chairman Warns of Dire Consequences from VPN Ban on Pakistan’s IT Industry
KARACHI, November 19 2024: Sajjad Mustafa Syed, Chairman of the Pakistan Software Houses Association (P@SHA), has issued a strong warning regarding the severe impact that an internet slowdown and the blocking of Virtual Private Network (VPN) services could have on Pakistan’s burgeoning IT industry. According to Sajjad, such a move would pose an existential threat,…
Easypaisa’s Digital Expansion Gets a US$10 Million Boost Amid Strong Q3 Financial Growth
KARACHI, November 18 2024: Telenor Microfinance Bank (TMB), the operator behind Pakistan’s leading digital financial services platform, easypaisa, has announced the successful receipt of US$10 million in equity investment from its shareholders, Telenor Group and Ant Group. This investment comes as easypaisa prepares to launch its digital retail banking operations, subject to regulatory approvals, marking…
Spanish Senators Visit Pakistan: Opportunities for B2B Collaboration Discussed
Islamabad, November 15 2024: A delegation from the Senate Affairs Committee of Spain, led by prominent senators, met with Federal Minister for Board of Investment, Privatization, and Communications Abdul Aleem Khan to explore avenues for bilateral cooperation and investment between Pakistan and Spain. The delegation included Spanish Senators H.E. Vicente Azpitarte Perez, H.E. Natalia Ucero,…
REAP Delegation Holds Productive Talks with TDAP to Enhance Pakistan’s Rice Exports
KARACHI, November 14 2024: A high-level delegation led by the Senior Vice Chairman of the Rice Exporters Association of Pakistan (REAP) visited the Trade Development Authority of Pakistan (TDAP) today to hold important discussions with the Chief Executive Mr. Zubair Motiwala and Secretary Mr. Sheryar Taj. The meeting, marked by cordial exchanges and fruitful dialogue,…
Fauji Foundation Halts Acquisition Plans for Agha Steel
ISLAMABAD, November 12 2024: In a significant development within Pakistan’s industrial sector, the Fauji Foundation has decided to withdraw from its proposed acquisition of a controlling stake in Agha Steel Industries Limited. The announcement, made to the Pakistan Stock Exchange (PSX) on Tuesday, cited inconclusive negotiations with sellers as the primary reason for the decision….