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The German internet company Rocket Internet took an initial step into Pakistan's e-commerce sector with the establishment of Daraz.pk in July 2012. [19] Following a positive reception in Pakistan with its first e-commerce venture, Rocket Internet expanded its operations in Pakistan to over 30 active websites in 2015, the widest known being Kaymu.pk, Foodpanda.pk and Daraz.pk. [20] In a recent ...
In early September 2023, the Pakistani government under administration of the Pakistan Armed Forces initiated a crackdown targeting both individuals and organizations engaged in various forms of smuggling, with a particular focus on essential commodities such as wheat, sugar, urea, oil, dollars as well as power theft, hoarding, and illegal currency exchange.
The Government of Pakistan has prioritized Information technology as a key component of its efforts to establish an "Information age" within the country. [12] Significant progress has been made in developing efficient computerized e-government systems for major departments, including the police, law enforcement agencies, and district administration. [12]
At the end of March 2022, the State Bank of Pakistan's reserves stood at $11.425bn, but they gradually tanked to an almost four-year low of $6.715bn on 2 December. Pakistan's foreign exchange reserves equal to just five weeks of merchandise imports. [44] The consistent depreciation of the rupee is said to be deepening the economic crisis. [45]
Citi Bank N.A (CitiBank N.A Pakistan) Industrial and Commercial Bank of China Limited (ICBC Pakistan) Bank of China [3] (Bank of China Pakistan Branch) The Hong Kong and Shanghai Bank (HSBC Bank Pakistan) The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) Saudi National Bank (Samba Financial Group|Samba Bank (Pakistan) Limited)
In November 2017, DGDP renewed a Memorandum of Understanding (MoU) with Pakistan National Shipping Corporation (PNSC). They have been in working relationship for more than two decades. [3] In June 2019, the federal government sanctioned an additional fund of Rs 410 million for the upkeep and repair of two VVIP Gulfstream planes. [4]
There was a decline of about 2 billion between December 2012 and December 2013. Its most popular versions are leading the slide: page-views of the English Wikipedia declined by twelve percent, those of German version slid by 17 percent and the Japanese version lost 9 percent."
The State Bank of Pakistan gained autonomy, and United Bank Limited, which had collapsed, was recapitalized under central bank management. [1] In 1997, Pakistan initiated banking reforms to address long-standing issues within major state-owned banks, such as the National Bank of Pakistan (NBP), Habib Bank Limited (HBL), and United Bank Limited ...
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