July 27: The Nation reported that Federal Minister for Information and Broadcasting Fawad Chaudhry on Tuesday rejected the impression of deadlock between government and opposition for appointment of members of Election Commission of Pakistan (ECP).
Govt moves to ‘cool down’ an ‘over heating’ economy
September 23: The Express Tribune reported that Finance Minister Shaukat Tarin announced on Wednesday to take restrictive measures to “cool down” an “over heating” economy, marking the beginning of reversal of expansionary fiscal policies after external sector vulnerabilities exposed sooner than expected.
Samsung to set up TV plant in Karachi
September 23: Dawn reported that Samsung Electronics — a South Korean technology giant — is in the process of establishing its TV lineup plant in collaboration with a local partner R&R Industries Pvt Ltd with the goal of producing 50,000 television units per annum.
Pakistan’s Fintech TAG Raises Funds at $100 Million Valuation
September 23: Bloomberg reported that Fintech startup TAG Innovation Pvt. received $12 million from investors including New-York based Liberty City Ventures and Canaan Partners in its fundraising effort to capitalize on the growing popularity of digital payments in Pakistan.