Monthly Archives: July 2026

PM says highest SME financing bank to receive award

Jul 29, 2026 |

ISLAMABAD: Prime Minister Shehbaz Sharif was told on Tuesday that a new scoring mechanism would be introduced to put banks’ performance under the spotlight, track progress towards lending targets and push financial institutions to expand credit for businesses. The proposal was presented at a high-level review meeting chaired by the prime minister on improving access […more]

Pakistan gets first industrial AI hub

Jul 28, 2026 |

Centre will integrate manufacturing tech, applied research to improve product quality ISLAMABAD: A Memorandum of Understanding has been signed to establish Pakistan’s first-ever Center for Industrial Innovation and AI (CIINAI) at the National University of Technology (NUTECH), Islamabad, according to a statement on Thursday. The MoU was signed between the Pakistan Industrial Development Corporation (PIDC), […more]

Fuelling Inflation

Jul 27, 2026 |

Fuelling inflation Shahid Shah Special Report July 26, 2026 Shockwaves from the US-Israel war on Iran continue to inflate energy and grocery bills of households across Pakistan G hulam Hussain has been running a petrol station on the outskirts of Karachi for eleven years. He remembers the day his phone kept ringing. Brokers, drivers, even […more]

Jul 24, 2026 |

Federal Minister for Commerce Jam Kamal Khan meets Meta delegation Published July 23, 2026  Updated a day ago Save Comments By BR Web Desk Add BRecorder as a trusted source on Google Pakistan invited global tech giant Meta on Thursday to maintain regular engagement with it and explore areas of shared interest, including digital skills, small and medium-sized enterprises (SMEs) capacity building, […more]

Unisame urges SMEs to be prepared for hardships.

Jul 19, 2026 |

The Union of Small and Medium Enterprises (UNISAME) has advised the SME entrepreneurs to take precautionary measures since the war is escalating and the current state unfortunately does not indicate any resolution, the war is actively escalating President UNISAME Zulfikar Thaver said the war (US/Israel vs. Iran has been going on since Feb 28, 2026) […more]

UNISAME ADVOCATES FOR PAYE SCHEME FOR RESOLVING FINANCIAL WOES OF SECTOR

Jul 17, 2026 |

The Union of Small and Medium Enterprises (UNISAME) advocates for “pay-as-you-earn” (PAYE) leasing schemes as a primary solution to SME woes in Pakistan. PAYE is a financing method where businesses lease land, machinery, or buildings, and pay for them in installments using the income (earnings) generated by those assets.This approach eliminates the need for massive […more]

Bottlenecks to SME growth go well beyond the single roadblock of access to finance.

Jul 14, 2026 |

EDITORIAL: The Finance Minister, Mohammad Aurangzeb, while speaking at a summit hosted by the Pakistan Banks Association, announced the establishment of a dedicated ‘Finance Task Force’ to expand access to finance for small and medium enterprises (SMEs). It is heartening to see the Finance Minister, who has spent almost his entire career in banking, talking […more]

UNISAME uges immediate action to revive SME sector ..The Financial Daily 29/6/26

Jul 4, 2026 |

KARACHI, June 29, 2026 – On this World Micro, Small and Medium-sized Enterprises (MSME) Day, observed globally under the auspices of the United Nations, the Union of Small and Medium Enterprises (UNISAME) reiterates its call for immediate, high-impact action to support Pakistan’s SME sector. While the world celebrates the entrepreneurial spirit and critical role of […more]