Pakistan’s IT companies remained active in the software business, having a share of 52 percent in IT exports in the financial year 2022-23 (FY23).According to data released by the State Bank of Pakistan (SBP), the exports of software consultancy and c…
The telecommunications industry in Pakistan attracted over $7.1 billion in investments in the last five years.According to the document available with ProPakistani, the telecom industry contributed Rs. 1,121 billion to the national exchequer during th…
MCB Bank Limited’s (MCB) profit after tax (PAT) posted a growth of 140 percent to reach Rs. 26.69 billion for the half year ended June 30, 2023.The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Man…
The Federal Board of Revenue (FBR) has issued Tracking and Monitoring of Cargo Rules, 2023 to allow small companies obtain licenses for tracking and monitoring of vehicles and containers carrying transit cargo.Presently, only one company is allowed to…
A lot is going on in the financial market these days, with investors flocking Pakistan Stock Exchange (PSX) and exploring upcoming blue-chip Symmetry Group Limited (SGL). A potential turnaround has sparked interest in the tech firm’s listing next week…
The Senate Standing Committee on Communication has shown serious concerns over the incomplete ongoing road projects while observing that each project only gets 10 to 15 percent of funds annually, which causes delays in their completion, price escalati…
Pakistan and Barrick Gold Corporation have agreed that the government will pay its share of investment in the Reko Diq project in the local currency.According to Radio Pakistan, this agreement was reached during a meeting between Prime Minister Shehba…
The current economic strife has left people unable to run their households. As a result, several individuals are forced to put in the hard work despite not being fully able-bodied.Shiekh Nizam Uddin, a 73-year-old Pakistan International Airlines (PIA)…
