KARACHI: To facilitate taxpayers in making over-the-counter (OTC) payment of Government duties and taxes, the State Bank of Pakistan (SBP) has decided, on the request of Federal Board of Revenue (FBR), that all branches of commercial banks shall observe extended working hours until 05:30 P.M. on Friday, May 29, 2026. …
Read More »Unstable Economic Policies, High Tax Rates Hindering Investment: Saquib Fayyaz Magoon
KARACHI: Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Saquib Fayyaz Magoon, has said that Pakistan currently has strong investment opportunities as its improved image amid regional developments is attracting global investor interest. However, he added that unstable economic policies and high tax rates …
Read More »Turkish Cuisine Week 2026 Celebrates Culinary Heritage with “The Heritage Table” Theme
KARACHI ,May 21 2026 : The Ministry of Culture and Tourism of the Republic of Türkiye has announced the theme of Turkish Cuisine Week 2026 as “The Heritage Table.” It highlights cultural stories, traditions, and shared memories preserved through Turkish cuisine. Moreover, Turkish Cuisine Week will run from 21 to …
Read More »CAP Urges Strict Dubai-Style Laws to Tackle Real Estate Issues in Karachi Meeting with SBCA
KARACHI : May 20,2026 :During the meeting, Mr. Kaukab Iqbal highlighted the growing concerns of consumers regarding delayed housing projects, non-delivery of properties on time, and illegal booking practices by certain builders. He emphasized that in the history of Karachi, many projects remain incomplete, causing serious financial and mental distress …
Read More »Pakistan needs development-focused budget beyond short-term stabilization: Experts
Islamabad, May 20: Experts have urged Pakistan to shift the upcoming federal budget from short-term stabilization to long-term development. They called for stronger focus on exports, food security, investment, and inequality reduction. However, they warned that without political will, reliable data, and institutional coordination, Pakistan may continue to face stagflation, …
Read More »Yango Pakistan partners with Jazz Business to Enhance Driver and Courier Experience
Karachi – May 20, 2026: Yango Pakistan, part of Yango Group, has partnered with Jazz Business to launch discounted voice and internet bundles for partner drivers and couriers in Karachi, Lahore, and Islamabad. Through this initiative, drivers and couriers now access telecom packages at nearly 50% lower rates than standard …
Read More »aik by BankIslami Brings Raast QR Payments to Cattle Markets Ahead of Eid-ul-Azha 2026
KARACHI, May 20, 2026: aik by BankIslami has introduced Raast QR payments in cattle markets across Pakistan ahead of Eid-ul-Azha 2026. The initiative supports the State Bank of Pakistan’s Go-Cashless campaign and aims to digitize traditionally cash-heavy marketplaces. As a result, buyers and merchants can now complete transactions more easily …
Read More »Islamabad Launches First Dedicated Marketplace for Women Entrepreneur
ISLAMABAD, May 20, 2026: The leadership of the Islamabad Women Chamber of Commerce and Industry thanked the Capital Development Authority, Metropolitan Corporation Islamabad, State Bank of Pakistan, and JazzCash for helping establish Islamabad’s first dedicated marketplace for women entrepreneurs. The leaders said the initiative has opened long-awaited business opportunities for …
Read More »CAP Welcomes Karachi Plot Conversion Verdict, Demands Dubai-Style Real Estate Laws
KARACHI, May 18, 2026: Consumers Association of Pakistan (CAP) Chairman Kaukab Iqbal welcomed the Federal Constitutional Court’s decision to lift the ban on converting residential plots into commercial use in Karachi. Speaking to the media at the CAP head office, he called the ruling a historic step for Karachi’s development, …
Read More »Muhammad Saeed Sheikh Conferred with Sitara-e-Khidmat by President of Pakistan
Islamabad: Muhammad Saeed Sheikh, a distinguished Pakistani-American humanitarian, community leader, and advocate for Pakistan-United States relations, was conferred the prestigious civil award Sitara-e-Khidmat by the President of Pakistan, Asif Ali Zardari, during an official investiture ceremony held at Aiwan-e-Sadr on May 13, 2026. The award was bestowed in recognition of …
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