Traders in Lahore have called on authorities to allow markets and commercial areas to operate 24 hours a day during the upcoming Eid season, citing strong business demand and increased consumer activity. Business representatives from bazaars, chain stores, and grocery outlets have urged the government to relax any potential Eid-related restrictions and permit round-the-clock operations […]
The Government of Pakistan has taken fresh steps to revive nearly $6 billion worth of planned refinery investments by addressing tax-related and policy issues that have delayed modernization projects across the country’s oil refining sector. A high-level meeting chaired by Muhammad Aurangzeb highlighted renewed efforts to push forward the long-awaited Brownfield Refinery Policy. Officials discussed […]
Benazir Income Support Programme has reported major progress in reducing child malnutrition and improving maternal health outcomes through the Benazir Nashonuma Programme, according to a new evaluation conducted by Aga Khan University. The Endline Impact Evaluation of the programme revealed notable declines in child stunting rates among beneficiary families, marking an important development in Pakistan’s […]
Pakistan Single Window and Trade Development Authority of Pakistan have signed a Memorandum of Understanding (MoU) aimed at strengthening Pakistan’s trade ecosystem through digital transformation and export facilitation initiatives. The agreement was officially signed at the TDAP Headquarters in Karachi and marks a major step toward modernizing Pakistan’s import and export processes through integrated digital […]
LOLC Microfinance Bank has entered into a strategic partnership with Teach For Pakistan to strengthen educational opportunities and community development initiatives across underserved areas of Pakistan. The collaboration was formalized through the signing of a Memorandum of Understanding (MoU), marking a significant step toward improving access to quality education, leadership development, and inclusive growth for […]
Pakistan International Container Terminal Limited has announced a key leadership transition as the company undergoes an ongoing acquisition process involving a majority stake. According to a disclosure submitted to the Pakistan Stock Exchange on May 7, 2026, the company’s Board of Directors accepted the resignation of Ms. Lirene Coloquio Mora Suarez from her position as […]
The Federal Government Employees Housing Authority has announced an extension in the payment deadline for the third installment of residential plots in Sectors F-14 and F-15, Islamabad. The move offers additional relief to allottees who were unable to submit their payments before the original due date. According to the authority, members can now deposit their […]
Pakistan is accelerating efforts to revive a long-delayed $6 billion refinery upgrade initiative as rising global oil volatility highlights the country’s heavy dependence on imported fuel. The renewed push comes amid increasing pressure on energy supply chains and fluctuating international petroleum prices. The plan aims to modernize key refining infrastructure across the country to reduce […]
Pakistan’s maritime and logistics sector is witnessing a notable development as Pakistan International Container Terminal Limited (PICT) has been officially informed about a key change in shareholding structure. The shares previously held by InnoVest Mauritius Limited have now been registered under Sea Link Group Ltd, signaling a strategic shift in ownership. The transition was confirmed […]
Sitara Petroleum Service Limited has made a strong debut in the capital market, emerging as one of the largest public offerings in the history of the Pakistan Stock Exchange. The company successfully concluded its book-building phase on May 5, 2026, with a strike price set at PKR 18.90 per share, reaching the upper end of […]
In a significant development for the country’s engineering community, the Senate Standing Committee on Science and Technology has recommended the approval of a technical allowance for engineers nationwide. The proposal aims to ensure uniform financial recognition for engineers working in both federal and provincial institutions. The committee’s endorsement reflects growing acknowledgment of the technical expertise […]
In a move aimed at strengthening regional infrastructure, Aftab Alam, the Khyber Pakhtunkhwa Minister for Law and Parliamentary Affairs, officially inaugurated the Nakband to Alawara Road Project in Kohat on Monday. The project carries an estimated cost of Rs. 40 million and is expected to significantly improve transportation in the area. The newly launched road […]
The Pakistan Hajj Mission has issued updated operational guidelines for pilgrims staying in Al-Aziziyah, Makkah, focusing on improved transport coordination and crowd management during prayer timings at the Masjid al-Haram. The instructions emphasize timely movement of pilgrims using the dedicated shuttle service, which has been structured to ensure smooth access to the holy site while […]
Pakistan’s equity market witnessed a sharp but uneven recovery in April 2026 as the benchmark index posted strong gains despite persistent volatility and macroeconomic uncertainty. The rebound was largely driven by selective heavyweight stocks that helped stabilize overall market performance. The KSE-100 Index surged by 14,251 points on a month-on-month basis, reflecting renewed investor activity […]
The Punjab government has introduced the Rahmat Card Program to extend financial relief to vulnerable segments of society, particularly widows and orphan families. This initiative is designed to ease financial stress and provide immediate support to households struggling to meet basic needs. Under this program, around 50,000 deserving families across Punjab will receive a one-time […]
Attock Refinery Limited (PSX: ATRL) has reported a remarkable financial performance for the third quarter of FY26, posting its second-highest profit in history. The refinery recorded a net profit of Rs. 11.345 billion, reflecting a massive jump compared to Rs. 1.703 billion in the same period last year. This translates into a sharp 6.7 times […]
Air Link Communication Limited has taken a strategic step toward diversifying its business model by entering Pakistan’s growing digital lending market. The company plans to establish a wholly owned subsidiary focused on Buy Now Pay Later services, signaling its intent to capture a share of the rapidly evolving fintech landscape. According to official disclosures, the […]
Pakistan’s fuel retail sector is facing mounting financial strain as petrol pump owners and oil marketing companies (OMCs) push for a massive Rs. 82.5 billion compensation package from the government. The demand comes in response to rising global oil prices and supply disruptions triggered by escalating tensions in the Middle East. The issue was formally […]
The State Bank of Pakistan has increased the policy rate by 100 basis points, bringing it to 11.5 percent following its latest monetary policy meeting on Monday. The move signals a shift in the central bank’s stance after maintaining rates unchanged in the previous two sessions. This latest adjustment comes at a time when Pakistan’s […]
Fuel prices in Pakistan have surged once again after the government increased petrol and diesel rates by Rs. 26.77 per litre, a move largely driven by higher taxation measures aimed at meeting fiscal targets under the International Monetary Fund programme. According to the latest revision, petrol prices have climbed to Rs. 393.35 per litre from […]
