Pakistan Launches First PKR-Denominated Green Bond to Accelerate Climate Finance
In a groundbreaking move for Pakistan’s sustainability-focused financial sector, Parwaaz Financial Services Limited (PFSL), a subsidiary of Karandaaz Pakistan, has launched the country’s first-ever PKR-denominated Green Bond under the Parwaaz Green Action Bond initiative. The bond, which is also the first ever Green
Jazz Collaborates with Huawei to Solar Power 1,000 Telecom Sites Across Pakistan
Jazz has partnered with Huawei to deploy solar power at 1,000 telecom sites nationwide. This initiative, powered by Huawei’s iSolar technology, will significantly enhance Jazz’s transition to a sustainable telecom network by integrating renewable energy solutions. The solarization of these sites, expected to be completed
FBR Launches Examination Unit to Combat Corruption Among Customs Officers
The Federal Board of Revenue (FBR) has launched a Centralized Customs Examination system to combat corruption among customs appraisers and examiners. As part of this initiative, a Centralized Examination Unit (CEU) has been established in Karachi to randomly assign imported consignments for inspection.
More than 100 Pakistani IT companies are taking part in LEAP 2025
Pakistani IT companies are aggressively exploring new and emerging tech markets particularly the Kingdom of Saudi Arabia (KSA), as more than 100 firms providing IT and IT-enabled services are participating in LEAP 2025, one of the world’s major tech trade fairs, being held
Pakistan is Considering Reducing Taxes on Electric Vehicles to Promote Sustainable Mobility
The Ministry of Commerce has recommended the elimination of the 25% sales tax on EVs priced above Rs. 4 million and the removal of restrictions on EV batteries for cars, vans, and SUVs. These recommendations were discussed during a recent meeting of the
Telenor Pakistan Signs Pakistan’s First Tripartite MoU for Smart Metering at BTS Sites in AJ&K.
In a groundbreaking step towards digitalization, Telenor Pakistan has signed Pakistan’s first-ever tripartite Memorandum of Understanding (MoU) to implement smart metering at its Base Transceiver Station (BTS) sites across Azad Jammu & Kashmir (AJ&K). The initiative aims to empower societies by leveraging smart
Habib University hosts ninth Yohsin Lecture Featuring Dr Thomas Hansen
Karachi: Habib University proudly hosted its ninth annual Yohsin Lecture featuring distinguished author and professor from Stanford University, Dr Thomas Hansen. His talk was titled, “The Angry Tide: Reflections on Fascism, Resentment and Authoritarian Dreams.” Dr Hansen, a renowned scholar in South Asian
Govt sets minimum retail price for tea at Rs1,200 per kilogram
Source says setting of new minimum price could potentially add financial pressure on consumers. The government has set a new minimum retail price of Rs1,200 per kilogram for tea, a significant hike aimed at regulating the domestic tea market amid rising inflation. The
Honri VE: Pakistan’s First Locally Assembled Hatchback EV Now Delivering Nationwide
Eco-Green Motors Limited (A Subsidiary of Yousuf Dewan Companies) has begun delivering Pakistan’s first locally assembled electric hatchback, the Honri Ve, nationwide. This entry-level EV, designed for the masses, now provides an affordable and eco-friendly driving solution to consumers across the country. With locally assembled
Toyota Teases New Celica, MR2, Supra and More Coming Soon
Toyota may bring back iconic sports cars like the Celica and MR2, along with new versions of the Supra and GR86. This hint came from Toyota’s anime-style show “Grip,” where a whiteboard shows model names like “Supra Mk6,” “Celica Mk8,” and “MR2 Mk4.”