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Pakistan petroleum levy collection surpasses IMF loan programs in two years

Govt Collected More Through Petroleum Levy in Two Years Than IMF Loan Programs Combined

Focus Pakistan2026-05-25

ISLAMABAD: The federal govt has reportedly amassed an unprecedented amount of more than 2,700 billion rupees from Pakistanis through the petroleum levy within only two years. As per documents available from April 2024 to March 2026, the total amount gathered by the government is precisely 2,725 billion rupees. Strikingly, this single tax stream outpaced the ... Read more

Pakistan P-282 SMASH missile strengthens Pakistan coastal defence batteries in the Arabian Sea

Pakistan Unveils Supersonic “SMASH” Missile Threat to Carrier Fleets

Focus Pakistan2026-05-25

KARACHI: Pakistan Navy just redrew its maritime strike boundary in the Arabian Sea. The Phase II expansion of its Coastal Defence Batteries program built around the indigenous P-282 “SMASH” Anti-Ship Ballistic Missile pushes Pakistan’s maritime denial envelope well past 500 kilometres, forcing rival naval planners to recalculate the operational risk of entering the northern Arabian ... Read more

Bangladesh passport Israel clause restored on official e-passport after policy reversal

Bangladesh Restores ‘Except Israel’ Clause on General Passports

Focus Pakistan2026-05-24

DHAKA: Bangladesh will reinsert the historic “Except Israel” travel restriction into its general electronic passports, Home Affairs Adviser Salahuddin Ahmed announced. The decision restores a foundational diplomatic stance that the South Asian nation temporarily removed five years ago during a digital passport upgrade. Ahmed informed the media at a press conference recently that “the ‘Except ... Read more

Karachi Special Economic Zone announced by PM Shehbaz during China visit to boost investment and industrial growth

Karachi to Get 6,000-Acre World-Class Special Economic Zone: PM Shehbaz

Focus Pakistan2026-05-24

HANGZHOU: Prime Minister Shehbaz Sharif has revealed that Pakistan will build an international-standard Special Economic Zone occupying 6,000 acres of land in Karachi, in its bid to strengthen economic ties with China during a historic trip to Hangzhou. As per the statements delivered by Shehbaz Sharif during his speech at the Business-to-Business forum of Pakistan-China ... Read more

World Bank emergency funding sought by developing countries after Iran war fallout

Iran War Fallout Forces 27 Countries to Seek Emergency Cash From World Bank

Focus Pakistan2026-05-24

WASHINGTON: 27 countries have sought emergency funds from the World Bank following the Iran war, which resulted in shock waves in energy supplies across the globe, as revealed in a confidential bank report obtained by Reuters. The unnamed countries have not been indicated in the bank paper, nor is there any specified fund amount. The ... Read more

Pakistan strategic oil reserves project at Gwadar Energy City aims to strengthen crude oil storage and LNG supply security

Pakistan Invites Gulf Oil Giants to Build Strategic Crude Reserves in Gwadar

Focus Pakistan2026-05-23

ISLAMABAD: Pakistan has begun lobbying Gulf oil producers in exchange for a mutually beneficial arrangement: keep your stockpile at Gwadar, and in case of war or any emergency, Pakistan gets first right to use it. Kuwait has already moved to the front of the queue, with Islamabad confirming the Gulf state has expressed concrete interest ... Read more

Gold price in Pakistan drops Rs2,200 per tola to Rs473,162 as international gold falls $22 to $4,508 per ounce

Gold Price in Pakistan Falls Rs2,200 Per Tola and Rs1,886 Per 10 Grams Nationwide

Focus Pakistan2026-05-23

KARACHI: Prices of gold have gone down by Rs2,200 in Pakistan as the All Pakistan Gems and Jewellers Association revealed. The rate per tola is now Rs473,162. This decline comes on the heels of falling international gold prices, which were down by $22 to stand at $4,508 an ounce. Those following the trend of 10 grams ... Read more

Pakistan secures relief on LNG terminal capacity payments from Engro Elengy and Pakistan GasPort after Qatar force majeure declaration

Pakistan Cuts $15m Monthly LNG Bill After Negotiations With Terminal Operators

Focus Pakistan2026-05-23

KARACHI: Pakistan was successful in obtaining a notable benefit regarding its payments on LNG terminal capacity on Thursday through negotiations with the two private terminal operators Engro Elengy Terminal Pakistan Limited and Pakistan GasPort Consortium Limited. The benefit comes after the declaration of force majeure by Qatar on LNG supplies following regional conflict, which placed ... Read more

Leaked investigative report reveals Anmol Pinky drug network contact list includes Pakistani bureaucrats and diplomatic figures

Leaked Report Reveals Anmol Pinky Drug Network Linked to Influential Figures Across Pakistan

Focus Pakistan2026-05-23

ISLAMABAD: According to news sources, a supposedly leaked confidential investigation report has plunged the drug ring Anmol Pinky in the heart of a controversial matter which appears to have moved far from what could just be called a drug bust in Karachi. As per the report, the contact list of Anmol, who is otherwise referred ... Read more

Korea cosmetics exports reach record $11.4 billion in 2025 overtaking United States as world second largest cosmetics exporter

Korea Overtakes United States in Cosmetics Exports to Become World’s Second Largest Exporter

Focus Pakistan2026-05-23

SEOUL: The year 2025 brought about a significant success in the field of commerce for Korea as the country became the second-largest cosmetics exporter surpassing even the United States with its record-high $11.4 billion worth of cosmetics exported abroad. It was reported by the Food and Drug Administration Ministry that this year marked the first ... Read more

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Focus Pakistan

Govt Collected More Through Petroleum Levy in Two Years Than IMF Loan Programs Combined

Pakistan Unveils Supersonic “SMASH” Missile Threat to Carrier Fleets

Bangladesh Restores ‘Except Israel’ Clause on General Passports

Karachi to Get 6,000-Acre World-Class Special Economic Zone: PM Shehbaz

Iran War Fallout Forces 27 Countries to Seek Emergency Cash From World Bank

Pakistan Invites Gulf Oil Giants to Build Strategic Crude Reserves in Gwadar

Gold Price in Pakistan Falls Rs2,200 Per Tola and Rs1,886 Per 10 Grams Nationwide

Pakistan Cuts $15m Monthly LNG Bill After Negotiations With Terminal Operators

Leaked Report Reveals Anmol Pinky Drug Network Linked to Influential Figures Across Pakistan

Korea Overtakes United States in Cosmetics Exports to Become World’s Second Largest Exporter

Pakistan’s Freelancers Generate Historic $1.76 Billion in FY26

Pakistan Approves Daily Petroleum Pricing Mechanism

Sitara Group Owner Mian Muhammad Idrees Arrested at Lahore Airport in Rs12 Billion Power Fraud Case

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