by Nerizel Nawab | Jan 1, 2025 | economy, insights, startup
The year 2024 has passed witnessing the resilience of Pakistan startup ecosystem amid persistent challenges, reflecting gradual recovery and potential for growth. The year began with a dry first half, largely impacted by global VC funding constraints and domestic...
by ABCore Research Desk | Nov 5, 2024 | economy, insights
The recent 250 basis point (bps) policy rate cut by Pakistan’s central bank to 15% marks a substantial shift in the country’s economic strategy, going beyond the market’s expected cut of 120-150 bps. This bold move aims to lower the government’s borrowing costs...
by Nerizel Nawab | Oct 4, 2024 | insights, startup
Despite recent challenges, Pakistan’s startup ecosystem has shown resilience, hinting at opportunities with gradual recovery and growth. While the first half of 2024 was marked by subdued investment activity due to global VC funding slowdowns and domestic economic...
by Sarwat Khan | Jul 18, 2024 | economy, insights, startup
The first half of 2024 presented a challenging environment for Pakistan’s startup ecosystem, mirroring global trends. According to S&P Global Market Intelligence, global VC funding declined in Q2 2024, an 8.3% drop from the previous year in deal value, and the...
by Khurram Schehzad | Jul 7, 2024 | economy, insights
Pakistan’s religious tourism, animal sacrifice and related exports collectively make up for at least $7.8 billion worth of economics, annually, where spending include estimated $3.5bn on outward religious tourism, and $3.0bn of sacrificial spend, while earnings...
by Malaika Tabassum | Apr 8, 2024 | insights
For the first time in Pakistan, the total number of Branchless Banking (BB) transactions crossed 1 billion mark in a single quarter in 2QFY24 (Oct-Dec23). This achievement signals a shift towards digital finance and highlights the changing dynamics of financial...
