An entity would need at least $150-200m at the onset to commence operations.
The usual cyclicality in SME financing volumes aside, the sector’s access to credit hasn’t improved.
For the near future, the deal flow will remain depressed, especially for relatively later-stage startups.
It was the changing global macros more than anything that spoiled the party.
A drip irrigation system can allow upto 50pc water savings and improve yields by supplying water directly to the roots.
The economic disaster is right in front of us and it’s not possible to look away.
Back-of-the-envelope calculations suggest that the value of annual committees is Rs4 trillion at base prices, using conservative
Pakistani players in IT services are still hiring and expanding their sales offices abroad.
‘Genius’ is no excuse for the lack of corporate governance.
Based on the daily downloads, Twitter hit its peak in Pakistan in early April when the NA saw a no-trust vote against Imran Khan.
Pakistan ranks ninth out of a list of 64 countries, with a market size projected to be $2.8bn by 2025.
Pakistan is reeling from extremely high inflation, brought on by an ambitious spending programme and subsidised financing.
Company says funding will "further its mission of bringing financial wellness to Pakistan’s underbanked communities".
SBP and SECP need to realise customers also deserve at least some of the benevolence they bestow upon their subject entities.
SnappRetail offers retailers point-of-sale tools and a digital operating platform that helps traditional retailers to grow margins and revenue.
Paypal founder Peter Thiel, the latest high-profile addition to investors, says there is hope for Pakistan.
"PostEx will now service 1.3 million users with over 8,000 merchants across 500 cities in Pakistan," says company.
The platform, which claims to have achieved 500pc revenue growth YoY, is backed by PayPal founder Peter Thiel.
The new service has been launched in Islamabad and Karachi in the first phase.
The pilot approval is the second step towards receiving a full payment service provider licence.