Business

Payoneer & Meezan Bank Partner to Simplify International Payments for Pakistani SMBs

ISLAMABAD, Mar 05 (APP): Payoneer, a leading global financial technology company empowering small and medium-sized businesses (SMBs) to manage cross-border transactions, has partnered with Meezan Bank, Pakistan’s largest Islamic bank. This strategic collaboration aims to revolutionize international payment withdrawals for Pakistani entrepreneurs, freelancers, and SMBs, making global business transactions faster and easier. Seamless Integration for

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IT Exports Hit Record $348M in December 2024

Despite connectivity challenges, the IT sector achieves 15th consecutive month of growth, with exports up 15% YoY. Record-Breaking IT Exports Amid Challenges Pakistan’s IT sector recorded its highest-ever monthly exports in December 2024, achieving $348 million despite persistent internet disruptions and low connectivity. This marks a 15% year-on-year (YoY) growth and a 12% increase month-on-month,

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Salaried Class Emerges as Third-Largest Taxpayer in FY24

In FY24, Pakistan’s salaried class emerged as the third-largest taxpayer, contributing Rs368 billion—a 39.3% increase from the previous year. Explore the key contributors to the country’s tax revenue, including contracts, bank profits, energy, property, and telecom sectors, alongside insights into the FBR’s revenue performance and challenges

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