Pakistan Raises Cash Transaction Reporting Limit to Rs3 Million, Expands AML Oversight to Virtual Assets
Pakistan has approved significant changes to its anti-money laundering and counter-terrorism financing framework, increasing the cash transaction reporting threshold from Rs2 million to Rs3 million and extending regulatory oversight to the virtual assets sector. The government has also approved the inclusion of piracy-related offences in the country’s anti-money laundering legislation. The decisions were taken during […]
Pakistan Eyes $5.5 Billion in IT Exports and $44 Billion in Remittances for FY2027
Pakistan is stepping up efforts to strengthen its economy by expanding technology exports, attracting foreign remittances and introducing reforms aimed at reducing its dependence on external financing. The government has set ambitious targets of $5.5 billion in information technology (IT) exports and $44 billion in workers’ remittances for the fiscal year 2026–27, highlighting the growing […]
Pakistan Poised to Lead Digital Cooperation as First Signatory of Digital and AI Compact at South Korea Summit
Pakistan is preparing to take a significant step toward strengthening its position in the global digital landscape, with the country expected to become the first signatory of the Digital and AI Compact at the Global AI and Digital Summit 2026 in South Korea. The development highlights Pakistan’s growing focus on artificial intelligence, digital transformation, and […]
Pakistan Explores Digital Bonds and Asset Tokenization as 75 Firms Seek Virtual Asset Licenses
Pakistan is taking new steps towards modernizing its financial sector by exploring digital bonds, asset tokenization and artificial intelligence (AI)-powered financial services in collaboration with the World Bank Group. The development comes as the country works to establish a regulated environment for virtual assets and attract both domestic and international businesses. According to the Pakistan […]
Pakistan’s AI Future Depends on Better Digital Infrastructure
Artificial intelligence is quickly becoming one of the biggest opportunities for countries seeking to expand their digital economies. Pakistan is also aiming to make AI a major part of its technology and export strategy, but the country faces a basic challenge: the infrastructure needed to support widespread AI use is still developing. A recent World […]
Pakistan’s IT Exports Maintain Strong Momentum as Sector Targets $10 Billion
Pakistan’s information technology sector has continued to expand, with IT exports recording significant year-on-year growth during the opening months of the new fiscal year. According to data shared by Topline Securities, Pakistan’s IT exports reached $394 million in August 2026, marking a 17% increase compared with August last year. The latest figure takes the country’s […]
OpenAI Eyes Next Phase of Growth with Ambitious ChatGPT Transformation
Artificial intelligence company OpenAI is reportedly preparing a major upgrade to ChatGPT as it seeks to expand beyond its role as a conversational AI platform and build a more comprehensive digital ecosystem for users and businesses. According to recent reports, the company is developing significant changes that could transform ChatGPT into a multifunctional platform capable […]
When Digital Tax Systems Fall Short: Why FBR’s Tech Gaps Matter for Taxpayers
Pakistan’s push toward a digital tax ecosystem is meant to simplify compliance, improve transparency, and modernize revenue collection. But according to the Pakistan Tax Bar Association (PTBA), the reality on the ground tells a more complicated story. In a recent representation to the Federal Board of Revenue (FBR), the association outlined serious flaws in the […]
Pakistan Faces Mounting Financial Pressure Amid Rising Debt Obligations
Pakistan is once again grappling with financial strain as large external debt repayments begin to put pressure on its foreign exchange reserves. To manage this situation, the government is exploring fresh financing options, particularly from trusted partners like China and Saudi Arabia. Repayments Increase Urgency One of the most pressing challenges is the repayment of […]
Always Online, Always Stressed: How Digital Anxiety Is Shaping Pakistan’s Workforce
The modern workplace is no longer confined to office walls or fixed hours. With smartphones, instant messaging, and email keeping employees connected around the clock, a new challenge has emerged—digital anxiety. In Pakistan, this trend is becoming increasingly visible as workers struggle to disconnect from their jobs even during personal time. A recent regional survey […]