Renowned economist Professor Amir Sufi says that as global markets increasingly shift toward high-tech services, including information technology and professional scientific services, the financial sector must undergo a fundamental transformation to keep pace. He was speaking at the 25th Zahid Husain Memorial Lecture hosted by the State Bank of Pakistan (SBP).The lecture series, which honours t
A Chinese energy expert has warned that the rapid expansion of decentralized solar power in Pakistan is placing additional pressure on the national grid and increasing costs for consumers who cannot afford solar systems. Prof. Dr Yixian Sun from the University of Bath, UK, said Pakistan has spent over USD 10 billion on solar imports without capturing industrial or economic spill-overs. He state
easypaisa digital bank processed over 3.8 billion transactions in 2025 worth more than PKR 15 trillion, as it marked the first anniversary of its digital banking operations at its annual stakeholder dinner. The bank also announced a major step towards expanding Pakistan’s global remittance and payments connectivity. Addressing the gathering, Chief Guest, Federal Minister for Information Technol
Pakistan International Airlines Corporation Limited (PIACL) is all set to enter the bidding process tomorrow (Tuesday) for its privatisation, with three bidders expected to submit their offers to acquire management control of the national carrier. Meanwhile, Fauji Foundation has withdrawn from the process, a PIA spokesperson confirmed. The three bidders are: A consortium comprising Lucky
Md. Iqbal Hussain Khan, High Commissioner/Ambassador of Bangladesh, called on Rashid Mahmood Langrial, Chairman, Federal Board of Revenue (FBR). During the meeting, both dignitaries reaffirmed the long-standing and historic brotherly relations between Pakistan and Bangladesh and agreed to enhance bilateral trade and strengthen mutual economic cooperation. It was also agreed that technical teams