Maize consignments intercepted with pests, export to Vietnam and other countries in doldrums

ISLAMABAD: Following risks to Pakistan’s rice exports to Russia and a longstanding ban on rice imports by Mexico due to pest interceptions,...

How bad is the labour problem in Pakistan’s platform economy?

Pakistan’s platform economy is big, but the realities of gig work in a country without labour protection are often chilling. A new report sheds light on this

Sadapay has laid off at least 30% of its entire workforce, including some C-suite executives

A little over a month after announcing its acquisition by Turkish fintech Papara, SadaPay abruptly fired at least 30% of the company’s...

Department of Plant Protection in disarray as 100+ technical employees get terminated by food ministry

ISLAMABAD: The Department of Plant Protection (DPP), a crucial wing of the Ministry of National Food Security and Research, is facing a...

Social-commerce platform DealCart closes a $3 million round

This $3 million deal marks the completion of the first tranche of a two-tranche round the company is raising. 

Federal government to drop ADR once again

The banks have done it again. They have once again managed to avoid paying the Advance to Deposit Ratio (ADR) based income...

The federal budget has been passed after some amendments; tax-heavy measures retained, no relief to the taxpayer

Pakistan's sovereign dollar bonds slid as the parliament moved to pass the finance bill clause by clause 

PTCL reveals details of $400 million financing obtained from IFC for Telenor acquisition

Loan is to be paid in quarterly installments 

Bill Gates is interested in promoting sustainability initiatives in Pakistan. This could mean an opening for startups in more than one sector

In roundtables with the co-chair of the Bill and Melinda Gates Foundation, startups get the opportunity to showcase how they were solving problems pertaining to hunger and health in Pakistan

Govt is taxing mutual funds. What long-term impact can this have on the mutual fund industry?

The goal of the budget proposals might be to increase tax revenue but it can have a real impact on the shift taking place in the mutual fund industry

Textile mills in Pakistan are exporting their used machinery in the midst of an industry crisis. How did they get here? 

The machinery is reportedly being exported to Afghanistan, Indonesia, and to South America.

The govt is finally trying to fix Pakistan’s increasingly worrying pension problem. Is it too little too late?

The federal pension bill exceeds Rs 1 trillion mark. What are the reforms being implemented, and are the measures strong enough given how bad things have gotten?

Despite assurances, salaried class burdened with more tax responsibility

Just days before the budget was presented, there were rumors that the salaried class will see an increase in their tax rates....

Govt unveils over Rs79bn investment to support IT sector growth. Will it amount to anything more than irrelevant IT Parks? 

The government has proposed more than Rs79 billion investment in the IT sector as part of its Rs18.87 trillion budget to boost...

Budget takeaways: The govt’s half-baked attempt to bring retailers into the tax net might end up costing consumers

The retailers of the country have had it easy compared to other participants in the supply chain. Multiple efforts have been done...