The State Bank of Pakistan (SBP) has announced new collateral and eligibility criteria for its Monetary Policy Lending Operations, effective July 2025. These updated rules aim to improve risk management measures for financial transactions in Pakistan, specifically for operations such as Open Market Operations (OMO) and Standing Ceiling Facility. Below is a simplified version of…
A new phishing scam has been uncovered by a global cybersecurity company, specifically targeting businesses that promote their pages on Facebook. According to a recent report from Kaspersky, scammers are sending fraudulent emails that appear to come from Meta for Business, Facebook platform for businesses. These emails falsely claim that the recipient’s page contains prohibited…
A recent report by the Pakistan Telecommunication Authority (PTA) highlights a serious issue: the participation of women in technology and digital spaces remains “alarmingly low.” This is not just a local problem but a global concern as well. The report points out that women have less access to smartphones and the internet compared to men,…
Steve Smith has made cricket history once again. During the Day Test match at Melbourne, he scored his 11th Test century against India. This achievement has made him the first player ever to score 11 centuries in Tests against India, surpassing Joe Root’s previous record of 10 centuries. This remarkable feat further strengthens Smith position…
Pakistan is upgrading its internet infrastructure by connecting to a new undersea cable system. This follows the disconnection of the SMW-3 cable and the linking to the Africa-2 cable network. The new system will improve internet speed and capacity and is expected to be fully operational by the end of 2025. The Oldest Cable Network:…
On the first morning of the First Day Test between India and Australia at the Melbourne Cricket Ground (MCG), an on-field altercation took place between Indian batsman Virat Kohli and Australian debutant Sam Konstas. The incident occurred after an over when Konstas, who was aggressively playing against Indian pacer Jasprit Bumrah, crossed paths with Kohli….
On Thursday, the Standing Committee on Finance and Revenue approved the Tax Laws Amendment Bill 2024. This new bill allows the Federal Board of Revenue (FBR) to audit sales in advance and restrict lavish purchases if they exceed a person’s declared income. Let’s break down the important parts of this new tax law. Focus on…
Dewan Farooque Motors Limited is taking a significant step towards transforming Pakistan automotive industry. The company plans to introduce its commercial electric truck, named Kama, in 2025. This electric truck is designed to reduce fuel consumption and operating costs, while offering an eco-friendly solution for businesses in Pakistan. According to Kashif Riaz, the Director of…
The 2025 ICC Champions Trophy is an exciting cricket event that will take place from February 19 to March 9, 2025. This tournament will bring together the top 8 cricket teams in the world, making it a highly competitive event. Here’s all the information you need about the schedule, format, and key matches. ICC Champions…
Artificial Intelligence (AI) is revolutionizing many industries, and the real estate sector is no exception. Experts from the real estate and construction industries, along with AI consultants, gathered at the PropTech Convention 2024 to discuss how AI can change the real estate market in Pakistan. Let’s break down the important points shared by these industry…
