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
