Askari Bank has announced it will exercise its call option to redeem Rs. 6 billion Term Finance Certificates ahead of schedule, a move seen as part of its financial restructuring plan.
Market analysts say the early redemption could improve the bank’s liquidity position and investor confidence.
banking sector, financial news, Askari Bank
Murree experienced massive traffic congestion on Independence Day as 48,000 vehicles entered the hill station, exceeding parking capacity. Authorities struggled to manage the flow, urging tourists to plan trips wisely.
Local residents have called for stricter entry controls and better infrastructure to handle peak tourist seasons.
tourism, traffic congestion, Murree news
Part of the Metro Bus service in Rawalpindi has been suspended due to operational issues, disrupting daily commuting for thousands of passengers. Authorities are working to restore services as soon as possible.
Passengers have urged the government to improve maintenance and management to prevent similar disruptions in the future.
public transport, Rawalpindi news, metro service
Prime Minister Shehbaz Sharif has inaugurated a Chinese textile group’s economic zone with a $400 million export target. The project is expected to generate thousands of jobs and strengthen industrial cooperation between Pakistan and China.
Economists say the project could become a model for future foreign direct investment in Pakistan’s manufacturing sector.
economic zones, Pakistan-China cooperation, textile industry
Khyber Pakhtunkhwa authorities have launched a crackdown on unlicensed aesthetic clinics and beauty salons. The campaign aims to protect consumers from unsafe procedures and enforce health regulations.
Health officials warn that untrained practitioners often use unsafe materials and techniques, posing serious risks to public health.
KP government, public health, beauty industry
The Federal Board of Revenue has imposed a limit on cash payments for ‘Cash on Delivery’ orders to promote transparency in e-commerce transactions and discourage tax evasion.
E-commerce platforms are now adjusting payment options to comply with the rule, with some considering incentives for customers who opt for digital payments.
FBR policy, e-commerce, payment regulations
Pakistan has signed a $1.5 billion defense contract with Sudan to strengthen military cooperation and export defense equipment. The agreement reflects Pakistan’s growing footprint in the global defense market.
Defense analysts believe the deal will not only boost exports but also open new opportunities for future collaborations with African nations.
defense industry, Pakistan exports, Sudan relations
The Peshawar Institute of Cardiology has set a new national record in advanced heart procedures, marking a milestone in Pakistan’s medical history. Officials praised the achievement as a major step for healthcare services in the region.
The success is expected to inspire further investment in specialized medical training and facilities across the country.
healthcare, medical milestones, cardiology
Pakistan cricket star Fakhar Zaman has received a new medical evaluation regarding his injury. Team doctors are optimistic about his recovery, but his participation in upcoming matches will depend on fitness assessments.
Fans have flooded social media with messages of support, hoping the left-handed opener will return in time for crucial upcoming tournaments.
Pakistan cricket, player injury, Fakhar Zaman
Pakistan and the United States have agreed to strengthen bilateral economic cooperation by enhancing trade and investment opportunities. The partnership will focus on expanding market access and creating joint business ventures.
Business leaders see the move as a positive step toward diversifying Pakistan’s export base and improving its standing in competitive global markets.
Pakistan-US relations, trade agreements, foreign investment
