Cambodia Powers the Next Fintech Evolution: Fintech Revolution Summit 2025
The fintech world is buzzing with anticipation! On May 9th, 2025, Cambodia will shine as Southeast Asia’s fintech leader, hosting the highly anticipated Fintech Revolution Summit 2025 at Sokha Phnom Penh Hotel, Cambodia. Here’s why this matters: Cambodia is rapidly emerging as a fintech powerhouse, with Mobile pos Payments in 2025 to $2.41million and Transaction […]
World Bank Approves Restructuring of $425 Million Transmission Project to Strengthen Pakistan’s Grid
The World Bank is set to greenlight a third restructuring of Pakistan’s $425 million National Transmission Modernization Project-I (NTMP-I), extending its deadline by 20 months to December 2026 to ensure completion of critical infrastructure tied to the Dasu Hydropower Plant. The move aims to modernize Pakistan’s power grid and enhance the National Transmission and Despatch […]
Government launches Gwadar Shipyard Project with Rs 200 Million
In a landmark move to accelerate development under the China-Pakistan Economic Corridor (CPEC) Phase II, Prime Minister Shahbaz Sharif has green-lit the “New Gwadar Shipyard Mega Project,” activating a dedicated Project Management Cell (PMC) with an initial allocation of Rs 200 million. The initiative aims to transform Gwadar Port into a hub for commercial shipbuilding, […]
Pakistan’s Engineering Sector drives mixed trade trends as Exports rise 8.42%
Pakistan’s export sector posted an 8.42% year-on-year increase, reaching $22.074 billion during July–February 2024–25, according to provisional data released by the Pakistan Bureau of Statistics (PBS). While textiles and agriculture dominated export earnings, surging imports of engineering-related machinery and materials underscored the sector’s growing reliance on foreign technology to fuel industrial expansion. Engineering goods emerged […]
Chinese Firm AGVEN to Transform Gwadar into Fertilizer Export Hub
Chinese fertilizer giant AGVEN is poised to position Pakistan’s Gwadar Port as a key player in the global agrochemical market, following government approvals to export potassium sulphate from its newly operational facility in the Gwadar North Free Zone. The company announced plans to ship $7 million worth of the critical crop nutrient in 2025, with […]
NLC-DP World Joint Venture gets Regulatory approval
In a landmark decision poised to reshape Pakistan’s logistics sector, the Competition Commission of Pakistan (CCP) has approved the National Logistics Corporation (NLC) to acquire 60% shareholding in DP World Logistics FZE (DWLF). The move, facilitated by the Special Investment Facilitation Council (SIFC), underscores Pakistan’s push to attract foreign investment and drive economic revitalization. The […]
CDWP Approves Rs151.33 Billion Development Projects, prioritizing rural connectivity
The Central Development Working Party (CDWP) approved six development projects worth Rs151.33 billion, signalling a major push to bolster higher education, tourism, and rural infrastructure. Chaired by Secretary Planning Awais Manzur Sumra, the meeting greenlit four projects worth Rs11.20 billion and referred two larger initiatives totalling Rs140.13 billion to the Executive Committee of the National […]
OGDCL Strikes Major Gas and Condensate Discovery in Punjab
In a landmark achievement for Pakistan’s energy sector, the Oil and Gas Development Company Limited (OGDCL) announced a ground-breaking gas and condensate discovery at its Soghri North-1 well, located in the Soghri Block of Attock district, Punjab. The discovery marks a critical step toward reducing the nation’s dependence on imported energy and underscores OGDCL’s role […]