International Labour Organisation (ILO) findings showed that more than 80 percent of workers in Pakistan are employed in the informal economy, with limited rights, protection, and social security. Representatives of government, employers’ and workers’ organisations reaffirmed their commitment to advancing the transition to formal and protected work at a national tripartite forum convened by the
In a meeting held on February 17, 2026, the Board of Directors of The Bank of Punjab (BOP) approved the audited financial statements for the year ended on December 31, 2025. The Board expressed appreciation for the Management on Bank’s exemplary performance by delivering exceptional financial results across all areas of operations. Building on the strong foundation laid in previous years, the B
Huawei, a global leader in ICT solutions, has reaffirmed its commitment to supporting Pakistan’s digital transformation, positioning Artificial Intelligence (AI) at the center of the country’s economic and technological advancement. As Pakistan enters a critical phase of digital evolution, AI is emerging as a key driver for economic growth, improved governance, and innovation across the ICT sec
The Federal Board of Revenue (FBR) had issued stern instructions that the use of extraneous influence by officers/officials for “choice posting” constitutes “misconduct” for disciplinary proceedings. At the same time, the FBR recognises the genuine needs of officers/officials for “station change requests” in case of hardship. Instructions further stated that such a request, along with suppor
Pakistan’s current account returned to surplus in January 2026, supported by higher inflows of workers’ remittances. According to the State Bank of Pakistan (SBP), the current account posted a surplus of USD 121 million in January 2026, compared with a deficit of USD 265 million in December 2025. On a year-on-year basis, the external balance also improved, as it also posted USD 393 million defi