Why is PayPal Not Planning to Launch in Pakistan?

PayPal is a US-based electronic payment system that acts as a third party for financial payments between two parties. It has a strong position in the online fund transferring market. However, unfortunately, it is not working/coming in Pakistan despite a lot of demand and effort. There are several buzzwords in the market about the absence …

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Lucky Motors to Make Samsung Smartphones in Pakistan

After days of negation, Pakistan and Russia signed Heads of Terms (HoT) of shareholders’ agreement for the construction of the $2.5 billion Pakistan-Stream Gas Pipeline (PSGP) project. It will be nearly 42-to-56 diameter and 1,100 kilometers long pipeline from Port Qasim to Kasur and is scheduled to be completed by 2023. Reportedly, there were many …

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Pakistan and Russia Finally Sign An Agreement for $2.5 Billion Gas Pipeline Project

After days of negation, Pakistan and Russia signed Heads of Terms (HoT) of shareholders’ agreement for the construction of the $2.5 billion Pakistan-Stream Gas Pipeline (PSGP) project. It will be nearly 42-to-56 diameter and 1,100 kilometers long pipeline from Port Qasim to Kasur and is scheduled to be completed by 2023. Reportedly, there were many …

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FBR Starts Inspection of Real Estate Agents and Jewellers

Special teams of tax officials of the Federal Board of Revenue (FBR) have started full scope online inspections of the offices of jewelers and developers/builders in Islamabad and Rawalpindi under the Anti-Money Laundering Act, 2010. The Directorate General of Designated Non-Financial Business and Professions (DNFBPs)  has issued notices to the developers/builders and jewelers for online …

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FBR Decides Against More Amnesty Schemes for Smuggled Cars

Federal Board of Revenue (FBR) Member Customs (Policy), Syed Hamid Ali, categorically denied any possibility of any new amnesty scheme for the legalization of non-duty paid smuggled cars plying in the country. While briefing the National Assembly Standing Committee on Finance, FBR Member Customs (Policy), Syed Hamid Ali, informed that the customs will launch a …

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