2026

Business

SBP Launches Nationwide Survey on Digital Payment User Experience

KARACHI — The State Bank of Pakistan has launched a nationwide survey named “User Experience of Digital Payment Services.” This initiative targets enhancing the safety, convenience, accessibility, and reliability of digital payment services throughout Pakistan. Objectives and Policy Impact The central bank aims to gather valuable public feedback on the current digital payment infrastructure. Insights from the survey will guide policy and service enhancements by identifying system gaps and user challenges. The objective is to strengthen Pakistan’s digital financial ecosystem and improve user satisfaction. Expansion of Digital Payments in Pakistan Digital payments in Pakistan have experienced significant growth recently. The State Bank is dedicated to integrating more users into the formal financial system using innovative solutions, including: Mobile wallets for everyday purchases and bill payments Interbank transfers for quick money movement Merchant payment solutions for retail and e-commerce Focus Areas of the Survey The survey evaluates critical aspects of digital payment services, addressing specific challenges faced by Pakistani consumers: Security and safety of financial transactions Convenience and ease of use across various platforms Accessibility for different demographics and regions Reliability of the payment infrastructure and service access Influence on Financial Inclusion and Economic Growth Public participation is essential in shaping Pakistan’s digital banking landscape. The State Bank expects comprehensive feedback to inform regulatory improvements and future policies. These efforts align with Pakistan’s financial inclusion aims, aiming to boost economic growth, expand access to banking, and strengthen the digital financial ecosystem for ongoing development.

Sports

Sindh Government Distributes Rs26.3 Million to National Games Medal Winners

The Sindh Government has distributed Rs26.3 million to athletes who earned medals at the 35th National Games 2025. This initiative celebrates their exceptional performances. The award ceremony took place at the Ibrahim Joyo Auditorium, Liaquat Library, with senior officials present to honor Sindh’s sporting champions. Sindh Athletes Secure 92 Medals Sindh athletes excelled by securing 92 medals at the National Games 2025 held in Karachi from December 6 to 12. This championship marked its return after an 18-year gap. Competitors demonstrated their skills across various sports disciplines throughout the week-long tournament, achieving outstanding results. 11 gold medals 25 silver medals 56 bronze medals Cash Awards Distribution Ceremony The Department of Sports and Youth Affairs organized the ceremony to honor the medalists. Sindh Sports Secretary Munawar Ali Mahesar served as the chief guest. Notable dignitaries included DIG Traffic Syed Pir Muhammad Shah, Director Sports Asad Ishaq, and Sindh Olympic Association Secretary Ahmed Ali Rajput. The event highlighted the province’s commitment to supporting athletes through financial incentives, fostering sports development in Sindh. Hosting the Championship After 18 Years Mahesar addressed the challenges of hosting the National Games after an 18-year hiatus. This significant task was efficiently managed by Sports Minister Sardar Muhammad Bakhsh Mahar. Strong support from Chief Minister Syed Murad Ali Shah and the Chief Secretary ensured the successful execution of the multi-sport event across Karachi venues. Security and Hospitality Praised Athletes and officials praised Sindh’s hospitality during the tournament, which was crucial to the event’s success. Mahesar commended the Sindh Police, Rangers, and other law enforcement agencies for their vital roles. Their coordination guaranteed smooth and secure operations throughout the championship. The security arrangements received wide appreciation from delegations across Pakistan.

Pakistan

Pakistan Navy Seizes Liquor Consignment in Balochistan Anti-Smuggling Raid

KARACHI — The Pakistan Navy seized a substantial liquor consignment in Balochistan’s Gadani region. This intelligence-driven operation focused on a notorious smuggling zone along Pakistan’s coastline. Federal initiatives are actively tackling illegal trafficking across the country’s coastal belt. Recently, maritime agencies have stepped up efforts to improve national maritime security. Federal Multi-Agency Coordination This operation in Balochistan showcased strong collaboration among various law enforcement bodies. Inter-agency cooperation has become standard practice for significant anti-smuggling operations in Pakistan’s coastal areas. Participating Agencies Pakistan Maritime Security Agency (PMSA) Excise, Taxation and Anti-Narcotics Department (South Zone), Balochistan Joint Maritime Information Coordination Centre (JMICC) These strategies highlight the increased cooperation between federal maritime authorities and provincial law enforcement. Such collaboration is essential for effectively combating smuggling in Balochistan’s coastal areas. Ongoing Investigation Authorities have not released details regarding any arrests made in connection with the liquor seizure. The exact quantity of the intercepted contraband remains undisclosed. The Pakistan Navy will provide more information as the investigation progresses. The confiscated liquor will be handled according to federal anti-smuggling protocols and relevant Pakistani laws.

Pakistan

Russian Ambassador Celebrates National Day, Touts Eurasian Vision

ISLAMABAD — Russian Ambassador to Pakistan, Albert P. Khorev, hosted a diplomatic reception in Islamabad on Wednesday to celebrate Russia Day. This event marked the celebration of Russian statehood and sovereign development. The ambassador highlighted core national values, such as spiritual heritage, moral ideals, patriotism, and civic responsibility. Strengthening Russia-Pakistan Ties Speaking to diplomats and government officials, Ambassador Khorev stressed the importance of strengthening Russia-Pakistan bilateral relations. He outlined Moscow’s commitment to improving diplomatic and economic ties with Pakistan. Khorev also shared a Eurasian vision crucial for regional cooperation, focusing on integration across South Asia and neighboring areas. His statements underscored Russia’s strategic interest in expanding partnerships continent-wide, with Pakistan playing a pivotal role. Involvement of Pakistani Leadership The event saw notable participation from Pakistan’s foreign policy leaders, providing a platform for informal diplomatic engagement between Russian and Pakistani officials. Globally, Russian diplomatic missions celebrate this day with receptions engaging various stakeholders, including: Government officials and policymakers in Pakistan The diplomatic community in Islamabad Members of the foreign policy establishment International dignitaries and ambassadors Significance of Russia Day Russia Day, commemorated annually on June 12, marks the 1990 adoption of the Declaration of State Sovereignty of the Russian Federation. It is a major state holiday celebrating sovereignty and national identity. Official ceremonies and cultural events occur across Russia, while globally, diplomatic missions, including in Pakistan, host celebrations to fortify bilateral relations.

Business

NBP Sets Official Exchange Rates for Wednesday Trading

KARACHI — The National Bank of Pakistan (NBP) Treasury Management Division has announced the official exchange rates for Wednesday’s telegraphic transfer transactions. These rates serve as crucial benchmarks for interbank forex trading, assisting currency conversion in Pakistan’s financial sector. Major Currency Rates For Wednesday, the interbank market lists the US dollar at 278.75 rupees for selling and 278.25 rupees for buying. These rates underpin all forex transactions. Euro: 321.91 rupees for selling, 321.33 rupees for buying British Pound: 373.13 rupees for selling, 372.46 rupees for buying Swiss Franc: 348.88 rupees for selling, 348.25 rupees for buying Asian Trading Currencies The Japanese yen is quoted at 1.7383 rupees for selling and 1.7352 rupees for buying. The Chinese yuan is set at 41.13 rupees for selling and 41.06 rupees for buying. These rates mirror market conditions with Pakistan’s key Asian trading partners, fostering bilateral trade and investment flows with China and Japan. Middle Eastern Currencies Exchange rates for Middle Eastern currencies are as follows: UAE Dirham: 75.90 rupees for selling, 75.76 rupees for buying Saudi Riyal: 74.24 rupees for selling, 74.11 rupees for buying Rates for Frozen Currency Deposits In Wednesday’s trading session, NBP has established conversion rates for frozen foreign currency deposits: US Dollar: 278.3462 rupees British Pound: 372.0097 rupees Euro: 321.1002 rupees Japanese Yen: 1.7373 rupees Transaction Settlement The settlement date for these foreign exchange transactions is June 12, 2026. These rates apply to all telegraphic transfers processed on Wednesday within Pakistan’s banking system.

Pakistan

Lahore Traffic Police Install CM QR Panic Buttons in Public Transport

The City Traffic Police Lahore (CTPL) has launched a campaign to install Chief Minister Punjab QR panic buttons on public transport vehicles across the province. This initiative aims to enhance passenger safety by providing advanced emergency response features throughout Punjab. Launch of the QR Panic Button Campaign Syed Abdul Raheem Shirazi, the Chief Traffic Officer Lahore, inaugurated the program at Liberty Chowk by installing the first QR panic button. This launch underscores Lahore Traffic Police’s commitment to modern safety solutions, positioning Punjab’s public transport sector to benefit from this tech-driven security enhancement. Understanding QR Panic Buttons These QR panic buttons offer passengers direct access to emergency services while traveling on public transport. Passengers can quickly contact help during emergencies by scanning the QR code with smartphones. This system facilitates rapid responses to security threats or medical emergencies, ensuring immediate connections to emergency services. Key Features of the System Quick smartphone-based access for passengers Direct connection to emergency services Rapid response in security and medical incidents Province-wide deployment across public transport Integration into Punjab’s Safety Agenda These installations are a critical part of the Punjab government’s public safety agenda, designed to enhance security across the public transport network. Initially introduced in major cities like Lahore, the initiative is supported by the Chief Minister of Punjab, highlighting the government’s commitment to using technology for citizen safety. QR panic buttons represent a modern approach to protecting public transport users province-wide, enhancing emergency response capabilities in Punjab’s transit infrastructure and setting higher standards for public safety.

World

D-8 Urges Dialogue and Diplomacy to Tackle Global Challenges

ISLAMABAD — The Developing-8 Organization for Economic Cooperation (D-8) stresses the need for enhanced dialogue and diplomacy to tackle global challenges. This announcement was made official on Wednesday via the D-8 Secretary-General’s X account. Diplomacy in International Cooperation The D-8 highlights the importance of international cooperation and diplomatic engagement. Multilateral efforts are crucial to addressing today’s pressing global economic and developmental issues. Developing nations are encouraged to coordinate actions for financial stability and sustainable growth through diplomatic channels. Bilateral partnerships are key for regional progress and economic resilience, aligning with the D-8’s development agenda. Economic Cooperation and Trade Initiatives Established to boost economic cooperation, the D-8 seeks to improve living standards and support joint initiatives across various sectors for regional development. Key focus areas include: Trade expansion and market access Industrial development programs Sustainable economic growth strategies These initiatives aim to enhance market access and increase regional competitiveness by fostering strategic partnerships among developing economies. Development Driven by Member Nations The D-8 comprises eight developing nations dedicated to economic partnership and shared prosperity. Its members include: Bangladesh Egypt Indonesia Iran Malaysia Nigeria Pakistan Turkey Regional Impact and Economic Potential Member nations represent significant markets with substantial economic potential across Asia, Africa, and the Middle East. Collectively, they account for a considerable portion of GDP and population in these regions. The organization aims to strengthen economic ties through coordinated trade and development policies. Diplomatic engagement and multilateral cooperation are essential for achieving international goals, driving sustainable development and shared prosperity worldwide.

World

Rawalpindi CPO Visits Home of Late Peace Committee Member Jafri

RAWALPINDI — City Police Officer Syed Khalid Mehmood Hamdani visited the home of the late Shaukat Jafri, a key figure in the Rawalpindi Peace Committee, on Wednesday. He expressed condolences to Jafri’s family and honored his contributions to community service. Honoring a Community Peace Leader During the visit, CPO Hamdani prayed for Shaukat Jafri and recognized his significant efforts. Jafri was highly respected for promoting peace and fostering communal harmony in Rawalpindi. As a dedicated member of the Peace Committee, Jafri worked tirelessly to ensure stability and unity. His efforts in interfaith dialogue and peaceful coexistence earned widespread admiration. Police Officials Pay Respects Several senior officials accompanied the City Police Officer during the condolence visit, demonstrating the police department’s respect for leaders dedicated to social cohesion. Senior Superintendent of Police (Operations) Chief Traffic Officer Other senior police officials The Role of the Peace Committee The visit emphasized the police department’s appreciation for Jafri’s role in promoting peace and stability. The Rawalpindi Peace Committee plays a crucial part in maintaining social cohesion in the community. Committee members like Jafri work closely with law enforcement to prevent conflicts and enhance understanding among diverse community groups. This committee is an essential platform for dialogue and conflict resolution throughout Rawalpindi.

Pakistan

Pakistan Post Issues Commemorative Stamps Honouring Blue Pottery Craft

ISLAMABAD — Pakistan Post has unveiled three commemorative postage stamps along with a special souvenir sheet to honor Pakistan’s renowned blue pottery craft. Released on World Handicrafts Day, this initiative strives to preserve and promote the country’s cultural heritage through philately. Historic Blue Pottery Heritage in Multan The stamp series pays tribute to generations of artisans devoted to this ancient craft. Blue pottery, with deep historical roots in Multan, has been protected by skilled craftsmen for centuries. This art form highlights Pakistan’s rich artistic legacy. Intricate techniques are traditionally passed down through families, preserving the continuity of this unique craft. Championing Cultural Heritage with Stamps Pakistan Post’s initiative underscores its commitment to promoting indigenous crafts via official mediums. Philately serves as a vital platform to document and celebrate cultural practices across the nation. By issuing these commemorative stamps, Pakistan Post aims to raise awareness about traditional handicrafts, which face threats from mass-produced items as modern markets increasingly favor industrial products over handcrafted pieces. Stamp Design and Release Details This World Handicrafts Day release includes several standout features: Three distinctive commemorative stamps One special souvenir sheet Intricate blue and white designs Each stamp displays the signature blue and white patterns symbolic of Pakistan blue pottery. These designs encapsulate the artistic legacy of Multan, reflecting the centuries-old craftsmanship for which the region is renowned.

Business

NHA Generates Over Rs 1 Billion Surplus in Toll Plaza Auctions

The National Highway Authority (NHA) recently concluded a competitive bidding process for 81 out of 93 toll plazas across Pakistan. This auction resulted in a revenue surplus of over Rs 1 billion for the financial year 2026-27. The process, which was wrapped up on Wednesday, involved toll plazas on the national highway network. An official press release confirmed the auction’s transparency and competitiveness. Private Sector Investment in Infrastructure The significant revenue surplus highlights the strong interest from the private sector in highway toll operations. This investment is set to bolster NHA’s infrastructure funding for the upcoming fiscal year. The auction reflects continuous confidence in Pakistan’s highway infrastructure, enabling NHA to advance nationwide road development initiatives. Key Auction Highlights 81 out of 93 toll plazas auctioned successfully Revenue surplus exceeding Rs 1 billion Competitive and transparent process Funds designated for 2026-27 infrastructure projects Impact on Highway Development The auction revenues will be directly allocated to highway maintenance and expansion projects. NHA plans to use these resources for vital infrastructure improvements across Pakistan’s road network. The high participation level showcases investor confidence in the transportation sector, reinforcing NHA’s commitment to transparent and competitive bidding practices. Milestone in Infrastructure Financing The successful completion of the NHA toll plaza auction signifies a critical milestone in infrastructure financing. It secures ongoing investment for the expansion and upgrading of Pakistan’s highway network. This strategic approach ensures sustainable highway development without straining government budgets, aligning with Pakistan’s aim to incorporate private sector participation in public infrastructure projects.

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