KARACHI, June 24 ,2026 : The deteriorating condition of roads leading to East Wharf and West Wharf at Karachi Port continues to hamper import and export activities despite directives issued by Sindh Chief Minister Syed Murad Ali Shah for their immediate repair, business leaders said on Tuesday. According to official …
Read More »Pakistan Rice Festival 2026 Draws 100+ European Buyers, Strengthens Basmati Exports
The Hague/Islamabad, June 24, 2026: Pakistan successfully hosted the Pakistan Rice Festival 2026 in the Netherlands, attracting more than 100 importers, retailers, food industry experts, chefs, diplomats, and business leaders from across Europe. The event highlighted the growing global demand for Pakistani basmati rice and strengthened trade ties with European …
Read More »National GBV Conference Calls for Stronger Survivor Support and Institutional Reforms
ISLAMABAD, June 24, 2026: Pakistan’s first national conference on gender-based violence (GBV) case management, titled “Connected for Care,” concluded in Islamabad with a strong call for institutional reforms, mentorship systems, and sustainable survivor-centered support mechanisms. The Ministry of Human Rights organized the two-day conference with technical support from the Strengthening …
Read More »SBP’s Raast Set to Process Record $500 Billion in Transactions by 2026
KARACHI June 23,2026: The State Bank of Pakistan’s instant payment system, Raast, is on track to process over $500 billion (around Rs140 trillion) in transactions by December 2026, according to Raast Payment Pakistan CEO Ahson Saeed on Tuesday. He said this would exceed Pakistan’s projected GDP of $452 billion for …
Read More »K-Electric Announces Loadshedding Exemptions for Ashura and Extends Bill Payment Deadline
KARACHI, June 23, 2026: K-Electric (KE) adjusts its operations to support citizens during Ashura. It exempts select areas from loadshedding to ensure smooth religious observance and public convenience. Across Karachi, KE identifies 371 feeders as high priority. These areas host processions, majalis, and other gatherings. Moreover, 244 medium- and high-loss …
Read More »Experts Call for Annual Tobacco Tax Hike, Climate Levy, and Stronger Regulation to Tackle Health and Environmental Costs
ISLAMABAD, June 23, 2026: Experts on Tuesday urged the government to end the freeze on tobacco taxation. They also called for annual inflation-linked tax increases and a possible climate levy on the tobacco industry. They warned that delays are increasing pressure on Pakistan’s health system, economy, and environment. The Sustainable …
Read More »CCP Approves BASF Pakistan Acquisition by UAE-Based Kemyion After Competition Review
ISLAMABAD, June 23, 2026: The Competition Commission of Pakistan (CCP) approved the acquisition of BASF Pakistan (Private) Limited by UAE-based Kemyion Chemical Solutions Trading FZCO. It cleared the deal after completing a Phase-I review under the Competition Act, 2010. Kemyion submitted the pre-merger application under Section 11 of the Act. …
Read More »SECP Approves Second SPAC IPO, Marks 14 Listings in FY25–26
ISLAMABAD, June 23: The Securities and Exchange Commission of Pakistan (SECP) approved the Initial Public Offering (IPO) of LSE SPAC-II. This becomes the second Special Purpose Acquisition Company (SPAC) set for listing on the Pakistan Stock Exchange (PSX). Moreover, it marks the 14th IPO approval in FY 2025–26, reflecting stronger …
Read More »BankIslami Partners with Resecurity to Boost Cybersecurity and Customer Protection
KARACHI, June 23, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, signed a strategic partnership with US-based cybersecurity firm Resecurity. The bank took this step to strengthen its digital security and ensure a safer, Shariah-compliant banking experience. Moreover, Resecurity will provide Digital Risk Monitoring (DRM) and Cyber Threat Intelligence (CTI) …
Read More »Alkhidmat Conducts Interview Sessions for Summer Social Internship Program 2026
KARACHI June 23, 2026 : Alkhidmat held two-day interview sessions at Idara Noor-e-Haq for its Summer Social Internship Program 2026. Thousands of young applicants participated over the two days, showing strong interest in the program. In addition, Alkhidmat will run an eight-month internship designed to build skills among youth. It …
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