ISLAMABAD — In a massive tech-driven shift to modernize the capital markets, Finance Minister Muhammad Aurangzeb has chaired a high-level meeting to review the tokenization of sovereign bonds and Naya Pakistan Certificates (NPCs) via blockchain infrastructure. Partnering with the State Bank of Pakistan (SBP) and the newly formed Pakistan Virtual Assets Regulatory Authority (PVARA), the […]
ISLAMABAD — Finance Minister Muhammad Aurangzeb met with US Assistant Secretary S. Paul Kapur to discuss deepening economic ties. The meeting focused on accelerating Pakistan’s digital finance, technology, and energy sectors through transparent and predictable reforms. US officials acknowledged Pakistan’s stabilization efforts and expressed strong interest from American firms in long-term infrastructure and technology projects.
LAHORE — The Ministry of Agriculture has initiated its first-ever “AI-Driven Smart Farming” pilot project in collaboration with top Chinese tech firms. Using satellite imagery and AI sensors, farmers will now receive real-time data on soil health, water requirements, and pest control through a mobile app. This project aims to increase crop yields by 20%
AI Agriculture Revolution: Pakistan Launches “Smart Farming” Pilot in Punjab and Sindh Read More »
ISLAMABAD — To combat the ongoing energy crisis and promote green energy, the Federal Government has announced a complete tax exemption on the import of solar cells and raw materials. This move is expected to reduce the cost of locally assembled solar panels by 25-30%. The Ministry of Energy stated that the goal is to
Solar Energy Tax Relief: Government Announces Zero-Duty on Imported Solar Cells Read More »
In a monumental move for the country’s digital landscape, Google has officially announced the establishment of its first “Cloud Region” in Pakistan. This infrastructure will allow local businesses, government agencies, and start-ups to store and process data within national borders, significantly reducing latency and enhancing security. IT experts believe this move will attract billions in
Google Cloud Pakistan Launch: Tech Giant to Setup First Cloud Region in Islamabad Read More »
KARACHI — Following the recent passage of the Gig Workers Rights Bill, Pakistan’s software and IT-enabled services (ITeS) exports have hit a historic high of $4.5 billion. The Ministry of Information Technology reported a 35% year-on-year growth, driven by increased international confidence in Pakistani talent and the streamlined tax processes for freelancers. Large-scale software houses
Pakistan IT Exports Record: Software Exports Cross $4.5 Billion Mark in 2026 Read More »
ISLAMABAD — The Competition Commission of Pakistan (CCP) has given the final green light for the historic merger between PTCL Group (Ufone) and Telenor Pakistan. This creates the country’s largest telecom entity with a combined subscriber base of over 70 million. The merger is set to accelerate the infrastructure rollout for 5G services across Pakistan,
ISLAMABAD — In a landmark move for the digital economy, the Senate of Pakistan has unanimously passed the Gig Workers Rights Bill 2026. This legislation officially recognizes freelancers and platform-based workers as part of the formal labor force. The bill ensures mandatory health insurance, simplified tax filing, and a dedicated dispute resolution center for digital
ISLAMABAD — A major revolution is underway in Pakistan’s education system! Meta (Facebook) has announced, in partnership with the Ministry of IT, the launch of “Metaverse Classrooms” across 50 public and private universities in Pakistan. Under this project, students will be able to attend live sessions with experts from around the world using VR (Virtual
KARACHI — Global electric vehicle giant BYD has finalized a $200 million investment to set up its first assembly plant in Karachi. The Sindh Government has already allotted land near Port Qasim for the facility. This plant will not only provide affordable electric cars and bikes but also offers a permanent solution to high fuel
BYD to Setup Electric Vehicle Plant in Karachi: $200 Million Investment Approved Read More »
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