Pakistan Establishes 13 New Incubation Centers to Accelerate Startup Growth
The Ministry of Information Technology and Telecommunication (MoITT) and the Punjab Information Technology Board (PITB) have established 13 National Incubation Centers (NICs) across Pakistan under the National Expansion Plan (NEP), according to an official document. The initiative aims to expand incubation facilities to
Government Mulls Tax Cuts to Curb Brain Drain and Retain Businesses in Pakistan
Prime Minister Shehbaz Sharif has directed officials to examine whether high income and sales tax rates can be reduced to stop companies and skilled workers from leaving Pakistan. The move comes despite heavy taxation already in place and a revenue shortfall of Rs.
Pakistan Set to Launch Its First Hyperspectral Imaging Satellite
The Space and Upper Atmosphere Research Commission (SUPARCO) has announced the upcoming launch of Pakistan’s first Hyperspectral Satellite (HS-1) from the Jiuquan Satellite Launch Center (JSLC), China, scheduled for 19 October 2025. In the agriculture sector, HS-1 will enable precision farming through high-resolution
Pakistan Strengthens Debt Sustainability with Lower Debt-to-GDP Ratio and Early Repayments: Ministry of Finance
The Ministry of Finance (MoF) on Tuesday said Pakistan’s debt management strategy remains focused on reducing the debt-to-GDP ratio, cutting refinancing risks, and saving interest costs to ensure long-term fiscal stability. In a statement, the ministry dismissed concerns over the absolute size of
