SBP Implements Digital Non-Resident Shareholding Registration System (NSRS) via FE Circulars No. 02 & 03 of 2026: Fast-Tracking Foreign Venture Capital and Dividend Repatriation in Pakistan

The State Bank of Pakistan has operationalized the digital Non-Resident Shareholding Registration System (NSRS) and delegated foreign equity registration to Authorized Dealers under FE Circulars No. 02 and 03 of 2026, revolutionizing foreign venture capital flows and dividend repatriation for Pakistani startups and fintechs.

SBP Issues EPD Circular Letter No. 06 of 2026: Overhauling Foreign Exchange Manual Chapter 12 to Streamline ESFCA Outward Remittances, Form R Exemptions, and 24-Hour Settlement for IT Exporters in Pakistan

The State Bank of Pakistan (SBP) has amended Paragraph 12 of Chapter 12 of the Foreign Exchange Manual via EPD Circular Letter No. 06 of 2026, abolishing per-transaction Form R submissions, mandating a 24-hour settlement SLA for inward IT receipts, and standardizing outward remittances from Exporters' Special Foreign Currency Accounts (ESFCAs).

PSEB Launches National IT Freelance Digital Escrow & Real-Time Tax Exemption Grid (TechEscrow.pk): Transforming Remote Contracting and Export Monetization in 2026

The Pakistan Software Export Board (PSEB) in collaboration with MoITT and SBP has unveiled TechEscrow.pk, a sovereign digital escrow platform and automated 0.25% export tax exemption grid designed to protect freelancers from offshore disputes, bypass 20% platform commissions, and automate foreign exchange retention.

PTA Allocates 6 GHz Spectrum (5925–6425 MHz) for Wi-Fi 6E and Wi-Fi 7: Unleashing Multi-Gigabit Wireless & Low-Latency Connectivity Across Pakistan

The Pakistan Telecommunication Authority (PTA) has officially opened the lower 6 GHz band (5925–6425 MHz) for unlicensed RLAN operations, approving Wi-Fi 6E and next-generation Wi-Fi 7 technologies to enable multi-gigabit throughput, sub-2ms wireless latency, and interference-free enterprise connectivity across Pakistan.

PTA & Subsea Cable Consortium Complete Multi-Terabit Resilience Upgrade: Dual Landing Hub Architecture in Gwadar and Karachi Activates 200 Tbps Sovereign Redundancy for PEACE-2 and AAE-1 Systems

The Pakistan Telecommunication Authority (PTA) and leading consortium partners have completed a landmark subsea cable resilience upgrade, operationalizing dual-hub landing architecture across Karachi and Gwadar with 200 Tbps aggregate international capacity, DWDM route diversity, and zero-downtime failover for critical cloud, fintech, and enterprise workloads.

Ignite National Technology Fund Launches PKR 5 Billion Deep Tech Commercialization Program for AI and Semiconductor Startups in 2026

Pakistan's Ignite National Technology Fund has announced a landmark PKR 5 billion Deep Tech Commercialization Program targeting AI, semiconductor design, quantum computing, and biotech startups emerging from Pakistan's top engineering universities. The program represents the largest government-backed deep tech investment in Pakistan's history.