Business

SBOSS Digital Platform Launched in Sindh – Objectives

SBOSS digital platform launched in Sindh

Web Desk: Sindh government has launched the Sindh Business One-Stop Shop (SBOSS), a comprehensive digital platform aimed at simplifying business registration and licensing procedures across the province. Sindh chief minister Syed Murad Ali Shah inaugurated the system at the Chief Minister House. The event was attended by Federal Minister for Investment Qaiser Shaikh, provincial ministers, senior bureaucrats, and members of …

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Digital Banking Fraud: SBP Warns Banks for Protective Measures

state bank of Pakistan warns banks on digital fraud cases

Web Desk:The State Bank of Pakistan (SBP) has issued a strict warning to all commercial and microfinance banks saying, they will be held responsible for any customer losses caused by digital banking frauds if they fail to take timely preventive measures. The SBP said in its statement:“Banks are required to compensate customers in case of delays in taking necessary control …

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Sony Suspends Xperia 1 VII Sales After Major Software Glitches

Sony Xperia 1 VII sales halted in Japan

Date: July 11, 2025 | NewsMakers Web Desk Sony officially announced a temporary suspension of sales and shipments of the Xperia 1 VII in Japan. The move follows multiple customer complaints reporting serious device malfunctions, including unexpected shutdowns, random restarts, and failing to power on. Sony is actively investigating the issues, as per notices posted on its official support pages …

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Pakistan’s Auto Industry Accelerates in FY25

Pakistan's auto sector makes robust comeback in 2025

Pakistan’s automotive industry made a strong comeback in FY25, enjoying double- and even triple-digit growth across most vehicle categories. This highlights a renewed wave of consumer confidence and a broader economic recovery, fueled by stable macroeconomic conditions, deflating inflation, and a stronger rupee. Overall Car Sales Increased The Pakistan Automotive Manufacturers Association (PAMA) reported that passenger car sales increased 38%, …

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Elon Musk Loses $76 Billion as Tesla Market Crash

Elon Musk lose 76 BN dollars

Web Desk: Following the announcement of his new political party, Elon Musk is now facing not only political backlash but also a massive financial loss, with his company Tesla’s market value plunging by nearly \$76 billion. According to The Guardian, Tesla shares dropped by 7.5% when the stock market opened on Monday — a reaction that came immediately after Musk …

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E-commerce Platforms in Pakistan Face New Tax Regime

New tax regime for e-commerce in Pakistan

Web Desk: The fiscal year 2025-26 is expected to be challenging for ‘e-commerce platforms in Pakistan’ as the government has introduced a new tax regime. Online sellers, courier companies and international companies have shown serious concerns about their future operations in the country. New Tax Regime for E-Commerce Businesses in Pakistan 18% General Sales Tax (GST) will now apply to …

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Microsoft Shuts Business in Pakistan; Raises Serious Questions

Microsoft wraps up business in Pakistan

Date: July 4, 2025 | By: NewsMakers Web Desk In a move that has sent shockwaves through Pakistan’s tech and business communities, global tech giant Microsoft has officially ceased operations in Pakistan, ending its 25-year presence in the country. The development comes amid a fresh round of global layoffs by the company, but insiders say the closure of Microsoft Pakistan …

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Honda Motorcycle Prices Hiked in Pakistan | New Updated Prices

Honda Atlas increase Motorcycle prices

Date: July 1, 2025 | NewsMakers Web Desk The first sunrise of July 2025 has brought yet another wave of inflation for Pakistani motorcycle buyers. Honda Atlas Limited — one of Pakistan’s largest motorcycle manufacturers — has officially increased prices all Honda Motorcycles’ range, with hikes ranging from Rs2,000 to Rs6,000 per unit. The reason? New taxes introduced in the …

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Pakistan’s Edible Oil Industry In Crisis Amid Dollar Shortage

Edible oil crisis in Pakistan due to dollar shortage

Date: June 28, 2025 | NewsMakers Web Desk Pakistan’s edible oil industry is on the verge of a major crisis due to a severe shortage of US dollars in commercial banks, which is causing significant delays in the clearance of import documents for vital oil shipments. The warning comes from Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association …

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Atlas Honda’s Electric Scooter to Run On Pakistani Roads Soon

Honda Atlas electric scooter for Pakistan

By: NewsMakers Web Desk | Friday, June 27, 2025 Atlas Honda’s decision to launch an electric scooter for the Pakistani market within the current fiscal year marks more than just a product release. The decision, if materialises, will be a a major turning point in Pakistan’s economic and environmental strategy. The announcement comes at a critical juncture. With global fuel …

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