Karachi, 2 June 2026: HBL’s Manufacturing PMI, compiled by S&P Global, rose to 50.9 in May 2026 from 49.9 in April. As a result, manufacturing activity returned to growth. However, the improvement looks fragile. Underlying trends still point to stagflation pressures. In addition, ongoing US–Iran tensions continue to weigh on …
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KARACHI, June 2, 2026: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released the results of its Business Confidence Index (BCI) Survey Wave 29, conducted across Pakistan during the second quarter of 2026. The survey shows a significant decline in business confidence, mainly due to inflation, rising fuel …
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KARACHI June 2,2026:Nations do not forget those who serve them with sincerity. They remember leaders who dedicate their lives to public welfare. Even after death, such figures remain alive through their ideas, work, and public love. In District Malir, people continue to honor Shaheed Murtaza Baloch. He built his political …
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Karachi, June 2, 2026. Reaffirming its commitment to social responsibility and community development, BankIslami has extended support to Surayya Azeem Waqf Teaching Hospital (SATH), one of the largest public welfare hospitals in Lahore. The contribution will support the hospital in delivering quality medical facilities to underserved communities across the wider Punjab …
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BOSTON/KARACHI, June 2, 2026: Pakistan achieves a historic milestone as renowned philatelist M. Arif Balgamwala T.I. becomes the first Pakistani inducted into the Court of Honor at the Boston 2026 World Stamp Expo. The event ran from May 23 to 30, 2026, and stands as the world’s most prestigious philatelic …
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Saudia has launched its first Airbus A321XLR and has become the first airline in the Middle East and Africa to receive this extra long-range narrow-body aircraft. This milestone strengthens Saudia’s fleet expansion plan and shows its continued investment in modern aircraft that improve efficiency, passenger experience, and sustainability. With a …
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KARACHI ,June 2,2026 : The Pakistan Freelancers Association (PAFLA) has called on the Federal Board of Revenue (FBR) and the Ministry of Finance to continue supporting Pakistan’s growing freelancing and digital workforce in the Federal Budget 2026-27. PAFLA has recommended retaining the reduced tax rate of 0.25 percent on foreign …
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KARACHI, June 1, 2026: FrieslandCampina Engro Pakistan Limited (FCEPL), a leading dairy company, observed World Milk Day with schoolchildren across multiple cities in Pakistan as part of its ongoing “Nourish Pakistan” initiative. FCEPL employees visited schools including RAAST School in Karachi, along with community schools in Sahiwal and Sukkur, where …
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ISLAMABAD, June 1, 2026: The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan’s (CCP) decision against Reckitt Benckiser Pakistan Limited over the deceptive marketing of Strepsils, directing the company to pay a Rs30 million penalty and fully implement corrective measures. The Tribunal dismissed an appeal filed by …
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KARACHI, May 26, 2026: Pakistan’s local mobile phone manufacturing and assembly witnessed a sharp monthly decline of 35% in April 2026, according to the latest data released by the Pakistan Telecommunication Authority, highlighting a slowdown in production momentum despite continued reliance on domestic output to meet demand. Local manufacturers and …
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