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Senate Committee Raises Concerns Over Pakistan’s Rising Debt

20-May-2026
The Senate Standing Committee on Finance and Revenue expressed serious concern regarding Pakistan’s expanding public debt burden while reviewing proposed legislative amendments intended to strengthe...
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Senate Committee Raises Concerns Over Pakistan’s Rising Debt

Senate Panel Approves Extended EV Customs Duty Concessions

20-May-2026
The Senate Standing Committee on Finance and Revenue has approved the Customs (Amendment) Bill, 2026, introducing amendments intended to operationalise fiscal provisions under the Automotive Industry ...
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Senate Panel Approves Extended EV Customs Duty Concessions

Idrees Textile Mills Cuts Production Amid Cotton Supply Issues

19-May-2026
Idrees Textile Mills Limited has announced a temporary reduction in manufacturing operations due to escalating raw material costs, limited domestic cotton availability, and delays in imported cotton c...
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Idrees Textile Mills Cuts Production Amid Cotton Supply Issues

Government Exceeds PIB Auction Target With ₨651.8 Billion Raise

19-May-2026
The federal government successfully mobilised ₨651.8 billion through the latest auction of Pakistan Investment Bonds, substantially exceeding its initial target of ₨350 billion, according to aucti...
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Government Exceeds PIB Auction Target With ₨651.8 Billion Raise

National Assembly Passes Banking and Airports Reform Bills

19-May-2026
The National Assembly of Pakistan has approved the Financial Institutions (Recovery of Finances) Amendment Bill, 2026 and the Pakistan Airports Authority (Amendment) Bill, 2026, introducing legislativ...
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National Assembly Passes Banking and Airports Reform Bills

SECP Issues Pakistan’s First Digital Takaful Licence

19-May-2026
The Securities and Exchange Commission of Pakistan has granted Pakistan’s first Shariah-compliant digital general takaful operator licence to First Digital Takaful Company Limited, alongside the cou...
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SECP Issues Pakistan’s First Digital Takaful Licence

Balochistan Traders Demand Probe Into Lakpass Warehouse Fire

16-May-2026
Business and transport sector representatives in Balochistan on Thursday called for a comprehensive high-level inquiry into the large-scale fire that destroyed the Lakpass Customs post warehouse near ...
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Balochistan Traders Demand Probe Into Lakpass Warehouse Fire

Government Cuts Petrol and Diesel Prices by ₨5

16-May-2026
The federal government on Friday announced a reduction of ₨5 per litre in the prices of both petrol and High-Speed Diesel (HSD), providing partial financial relief to consumers, transport operators,...
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Government Cuts Petrol and Diesel Prices by ₨5

DRAP Approves Prices for 35 Life-Saving Medicines

16-May-2026
The Drug Regulatory Authority of Pakistan has issued an official notification determining maximum retail prices for 35 advanced life-saving pharmaceutical products, including medicines used in the tre...
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DRAP Approves Prices for 35 Life-Saving Medicines

Pakistan’s New Currency Note Designs Await Cabinet Approval

16-May-2026
State Bank of Pakistan Governor Jameel Ahmad announced that the design process for Pakistan’s new currency notes has been completed and the proposed banknote designs have formally been forwarded to ...
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Pakistan’s New Currency Note Designs Await Cabinet Approval
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