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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

Pakistan Plans Higher Benazir Kafaalat Payments from 2027

16-May-2026
Pakistan has informed the International Monetary Fund that the federal budget for fiscal year 2026-27 will incorporate fiscal provisions to increase quarterly payments under the Benazir Kafaalat Progr...
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Pakistan Plans Higher Benazir Kafaalat Payments from 2027

Faysal Bank Reappoints Yousaf Hussain as CEO Again

15-May-2026
Faysal Bank Limited has approved the reappointment of Yousaf Hussain as President and Chief Executive Officer for an additional three-year tenure, according to a corporate disclosure submitted to the ...
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Faysal Bank Reappoints Yousaf Hussain as CEO Again

Government Unclear on Super Tax Removal in FY27 Budget

15-May-2026
During proceedings of the Senate Standing Committee on Finance held on Thursday, the federal government refrained from providing a definitive position regarding the possible withdrawal of the Super Ta...
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Government Unclear on Super Tax Removal in FY27 Budget

Pakistan’s Earliest Cotton Ginning Season Pushes Prices Higher

15-May-2026
Cotton and lint markets recorded a significant upward price movement as Pakistan’s cotton ginning operations commenced during the second week of May for the first time in the country’s history, fo...
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Pakistan’s Earliest Cotton Ginning Season Pushes Prices Higher

SECP Raises Investment Limits for Simplified Mutual Fund Accounts

14-May-2026
The Securities and Exchange Commission of Pakistan has revised investment thresholds for simplified mutual fund accounts and relaxed multiple onboarding requirements as part of regulatory measures aim...
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SECP Raises Investment Limits for Simplified Mutual Fund Accounts

Pakistan’s MSCI Frontier Index Weight Falls to 4.8%

14-May-2026
Pakistan’s representation within the MSCI Frontier Markets Index declined to 4.8% following the latest semi-annual index review, compared to 5.8% previously, primarily due to an approximate 13% redu...
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Pakistan’s MSCI Frontier Index Weight Falls to 4.8%
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