A new route of the Peoples Bus Service has been launched to improve public transport facilities for residents of Larkana, Qambar and Shahdadkot. The new route was introduced on the directives of Sindh Senior Minister for Information and Transport Sharjeel Inam Memon, according to a statement issued to the media on Friday. Memon said the […]
SECP Approves Shariah-Compliant Digital Financing of Up to Rs. 3 Million for Small Businesses
The Securities and Exchange Commission of Pakistan (SECP) has approved a new Shariah-compliant digital financing facility aimed at supporting small businesses across the country. Under the approved facility, eligible small business owners can access financing of up to Rs. 3 million through a digital application, providing an alternative way to obtain funds for business-related purchases. […]
Finance Minister Calls for More Taxpayers to Strengthen Pakistan’s Economy
Finance Minister Senator Muhammad Aurangzeb has stressed the need to expand Pakistan’s tax base, saying that bringing more citizens into the tax system is essential for sustainable economic growth and stronger public finances. The finance minister made the remarks on Thursday while speaking at a Pakistan Investment Roundtable organized by the Pakistan High Commission in […]
PIMS Performance Audit Reveals Major Compliance Gaps as PM Orders Improvements
The Pakistan Institute of Medical Sciences (PIMS) has recorded significant gaps in its recent performance assessment, meeting only 39.7 percent of the indicators reviewed during an institutional audit. According to the assessment, PIMS failed to meet around 60 percent of the performance indicators, well below the acceptable compliance benchmark of 90 percent. The findings have […]
Islamic Banking Emerges as Big Winner in Pakistan’s Banking Sector During First Half of 2026
Islamic banking strengthened its position in Pakistan’s financial sector during the first half of calendar year 2026, gaining a larger share of both banking assets and deposits, according to the State Bank of Pakistan (SBP). The latest figures were reported in the SBP’s Mid-Year Performance Review of the Banking Sector for H1 2026, which highlights […]
Pakistan’s Internet Quality Expected to Improve by October, PTA Chairman Says
Internet services across Pakistan are expected to see noticeable improvement by October, Pakistan Telecommunication Authority (PTA) Chairman Hafizur Rehman told a Senate committee amid growing concerns over slow speeds and repeated disruptions. The assurance came during a meeting of the Senate Standing Committee on Information Technology and Telecommunications, where lawmakers raised concerns about poor internet […]
Government Considers Petroleum Levy Cut as Pakistan Seeks Rs. 1.5 Trillion in New Revenue
The government is considering a major change to Pakistan’s petroleum taxation policy by gradually reducing the Petroleum Levy to between Rs. 5 and Rs. 10 per liter while exploring alternative sources to replace the revenue generated through the levy. According to a report by Business Recorder, the proposal aims to compensate for an estimated Rs. […]
70 Major Global Exchanges Seek Licences to Enter Pakistan’s Digital Asset Market
Pakistan’s rapidly developing digital asset sector is attracting strong interest from international cryptocurrency exchanges, with around 70 major global platforms reportedly seeking licences to operate in the country. Bilal Bin Saqib, Chairman of the Pakistan Virtual Asset Regulatory Authority (PVARA), said Pakistan has undergone a major shift in its approach to digital assets within just […]
Rawalpindi Ring Road Misses Sixth Completion Deadline Despite Major Construction Work
The Rawalpindi Ring Road project has missed its sixth deadline for completion and opening to traffic, raising further questions over when the long-awaited road link will become fully operational. Despite the delay, construction on the main 38.6-kilometer route has largely been completed. The remaining work includes the installation of toll booths and ongoing construction at […]
Pakistan vs England Final Test: Weather Forecast Suggests Favorable Conditions at Edgbaston
Pakistan will take on England in the third and final Test at Edgbaston, with the national team aiming to avoid a series whitewash. The weather forecast for the opening day currently points toward conditions that could allow plenty of cricket to be played. According to AccuWeather, Wednesday morning in Birmingham is expected to be sunny, […]