Business
SECP Approves Rs. 1.16 Billion Capital Raise for Apna Microfinance Bank
Apna Microfinance Bank Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to raise Rs. 1.16 billion through the issuance of new ordinary shares, marking a significant development for the bank’s capital strengthening efforts. The approval allows the microfinance institution to issue approximately 116.06 million ordinary shares against share deposit money. […]
Islamabad Residents Can Now Register Births, Marriages and Deaths Online Through Pak ID App
The Capital Development Authority (CDA) has introduced a new digital service that allows residents of Islamabad to register births, marriages, deaths and divorces through the Pak ID mobile application, eliminating the need to visit Union Council offices in person. The initiative has been launched in partnership with the National Database and Registration Authority (NADRA) and […]
Emirates Introduces Industry-First Comprehensive Travel Insurance with Conflict-Related Medical Coverage
In a major development for global travelers, Emirates has unveiled what it describes as the world’s most comprehensive travel insurance offering. The new travel protection plan is designed to provide passengers with greater security and support throughout their journeys, including coverage for conflict-related incidents and travel disruptions. The airline has become the first in the […]
Punjab Presents Rs. 5.9 Trillion Budget for FY2026-27 with Focus on Growth, Education, and Digital Transformation
The Punjab government has unveiled a Rs. 5.903 trillion budget for the fiscal year 2026-27, outlining an ambitious roadmap aimed at accelerating economic growth, improving public services, and strengthening digital governance across the province. The proposed budget places significant emphasis on education, healthcare, infrastructure development, industrial growth, and social welfare. Provincial authorities have described the […]
Government Proposes Major Tax Relief for Businesses in Budget 2026-27
The federal government has unveiled significant tax relief measures for businesses in the FY2026-27 budget, aiming to support economic growth, encourage investment, and ease the financial burden on companies across Pakistan. One of the key proposals includes the elimination of existing business income tax slabs applicable to annual incomes ranging from Rs. 5 million to […]
Rising Petroleum Levy Identified as Key Factor Behind Pakistan’s Inflation Surge
Pakistan’s recent return to double-digit inflation is increasingly being attributed to higher fuel taxation, with a new study suggesting that the government’s expanding use of the petroleum levy has played a significant role in driving up prices across the economy. A report published by the Policy Research and Advisory Council (PRAC) argues that the petroleum […]
Punjab Plans Rs. 39 Billion Expansion to Transform 485 Rural Areas into Modern Villages
The Punjab government is moving forward with plans to expand its rural development efforts by proposing an additional allocation of Rs. 39 billion for the next phase of the model villages program under the “Maryam Nawaz Ka Sohna Punjab” initiative. The proposal was reviewed during a high-level meeting held at the Civil Secretariat and chaired […]
Sindh Government Approves 100 Additional Electric Buses to Expand Public Transport Network
The Sindh government has approved the induction of 100 more electric buses into the province’s public transport system, marking another significant step toward sustainable and environmentally friendly transportation. The announcement was made by Sharjeel Inam Memon, who oversees the information, transport, and mass transit portfolios in Sindh. The decision reflects the provincial government’s commitment to […]
Punjab Launches NextGen Safety App to Strengthen Youth Protection and Emergency Support
The Punjab government has introduced the NextGen Safety App, a modern digital platform developed to improve the safety, security, and overall well-being of young people across the province. Launched by the Punjab Safe Cities Authority (PSCA) as part of Chief Minister Maryam Nawaz’s youth-centered development agenda, the application aims to provide quick and convenient access […]
Pakistan Cement Sales Fall Over 21% in May as Construction Demand Remains Weak
Pakistan’s cement industry experienced a significant setback in May 2026, as overall cement dispatches recorded a sharp year-on-year decline amid slowing construction activity and weaker market demand. The latest figures indicate that both domestic sales and exports came under pressure, highlighting ongoing challenges facing one of the country’s key industrial sectors. According to data released […]