Pakistan

Turkish Cuisine Week 2026 Celebrates Culinary Heritage with “The Heritage Table” Theme
Pakistan

Turkish Cuisine Week 2026 Celebrates Culinary Heritage with “The Heritage Table” Theme

Karachi: The Ministry of Culture and Tourism of the Republic of Türkiye has announced “The Heritage Table” as the official theme for Turkish Cuisine Week 2026, celebrating the cultural stories, traditions, and shared memories preserved through Turkish cuisine. Turkish Cuisine Week will be observed from May 21 to 27, 2026 across Türkiye and at Turkish diplomatic missions and cultural centers worldwide under the patronage of First Lady Emine Erdoğan. The annual event showcases Türkiye’s rich culinary heritage and its role in connecting people and cultures. This year’s theme presents Turkish cuisine as more than just food, highlighting it as a living cultural heritage shaped over centuries through migration, traditions, rituals, and communal dining experiences. Planned activities during the week include chef collaborations, traditional cooking demonstrations, communal dining events, and presentations of historic recipes and culinary techniques. On the occasion of Turkish Cuisine Week, İrfan Neziroğlu hosted a special dinner featuring traditional Turkish dishes at the Turkish Embassy Residence on May 20, 2026. Speaking at the event, Ambassador Neziroğlu said Turkish Cuisine Week provides an opportunity to share the spirit of Turkish hospitality and cultural heritage with the people of Pakistan. He noted that this year marks the fifth global celebration of Turkish Cuisine Week. He further stated that the Turkish dining table, or “sofra,” symbolizes togetherness and reflects the warmth of Turkish hospitality while emphasizing the healthy, traditional, and zero-waste nature of Turkish cuisine. Featured dishes for this year’s celebrations include Mantı, Tandır, Dolma, Baklava, and Helva, each representing different aspects of Türkiye’s culinary identity and cultural storytelling. Tourism and cultural officials stated that Turkish Cuisine Week continues to strengthen cultural exchange and promote Türkiye’s rich gastronomic traditions to audiences around the world through events hosted internationally.

Government of Sindh and Karachi Metropolitan Corporation, and The Citizens Archive of Pakistan Host Groundbreaking Ceremony of Karachi Museum of History
Editor pick, Pakistan

Government of Sindh and Karachi Metropolitan Corporation,  and The Citizens Archive of Pakistan Host Groundbreaking Ceremony of Karachi Museum of History

New digitally interactive museum to preserve and celebrate the history and heritage of Sindh and the Pakistan independence movement [Karachi, 23rd May 2026] The Government of Sindh’s Culture through its Tourism, Antiquities & Archives Department and the Karachi Metropolitan Corporation (KMC), in collaboration with The Citizens Archive of Pakistan (CAP), marked the groundbreaking of the Karachi Museum of History on May 23, 2026, at Beach view Park, Karachi, formally initiating the development of a major new public cultural institution for the city. Planned as a landmark cultural and educational space, the Karachi Museum of History will be a digitally interactive museum dedicated to preserving, documenting, and celebrating the history and heritage of Sindh and the Pakistan movement. The initiative builds on CAP’s longstanding commitment to public history and cultural preservation, following the launch of the National History Museum in Lahore in partnership with the Government of Punjab in 2017. The groundbreaking ceremony was attended by key government officials and civil society members, including the Honourable Chief Minister of Sindh, Syed Murad Ali Shah; Chief Secretary Sindh, Syed Asif Hyder Shah; Honourable Provincial Minister for Culture, Tourism, Antiquities & Archives, Government of Sindh, Syed Zulfiqar Ali Shah; Mayor Karachi, Barrister Murtaza Wahab Siddiqui; representatives of the Karachi Metropolitan Corporation; and members of The Citizens Archive of Pakistan, including Sharmeen Obaid-Chinoy, Patron-in-Chief, CAP, and members from the business community. The ceremony featured remarks by the Chief Minister of Sindh, the Provincial Minister for Culture, Tourism, Antiquities & Archives, the Mayor of Karachi, and Sharmeen Obaid-Chinoy, followed by a ceremonial groundbreaking and the unveiling of a plaque to mark the formal commencement of the project. The Karachi Museum of History will build on globally recognized museum practices to create an immersive cultural institution that brings Pakistan’s independence and Sindh’s 5,000-year history to life through storytelling, technology, archival material, and interactive experiences. Conceived as a dynamic civic space, the museum will document Karachi’s layered histories and foreground the voices, memories, and communities that shaped the city. At a time of rapid urban transformation, the project responds to the need for public institutions in Pakistan that preserve cultural memory while remaining accessible, contemporary, and community-driven. Through innovative exhibition design, oral history, research, and public engagement, the museum aims to become a landmark destination for culture, education, and tourism in Karachi. Honourable Syed Murad Ali Shah, Chief Minister of Sindh, said, “Karachi is not only a city of commerce and opportunity; it is a living archive of our collective memory, resilience, and cultural diversity. The Karachi Museum of History will preserve that legacy for generations to come.” Syed Zulfiqar Ali Shah, Honourable Provincial Minister for Culture, Tourism, Antiquities, Archives Department, Government of Sindh, said, “The Karachi Museum of History reflects this department’s commitment to ensuring that Sindh’s extraordinary heritage is preserved, celebrated, and made accessible to all citizens. Through our partnership with the Karachi Metropolitan Corporation and the Citizens Archive of Pakistan, we are creating an institution that will anchor Karachi’s cultural landscape for decades to come”. “Karachi is one of the great cities of the world – a city built by migration, resilience, and an extraordinary diversity of people and cultures. For too long, it has lacked a civic institution that reflects that richness. The Karachi Museum of History will change that. The Karachi Metropolitan Corporation is proud to play its part in delivering a landmark that belongs to every resident of this city”, added Mayor Murtaza Wahab Siddiqui. Sharmeen Obaid-Chinoy, Patron-in-Chief, The Citizens Archive of Pakistan, said,“As Pakistan approaches the 80th anniversary of its independence, this partnership with the Government of Sindh and the Karachi Metropolitan Corporation is an opportunity to create a lasting home for the stories that shaped our nation. The museum will honor the people who fought for Pakistan’s independence, celebrate the rich history and culture of Sindh, and reflect the resilience, hope, and extraordinary spirit of Karachi, a city that has carried the dreams of generations from across the country. We hope it becomes a place where people can see themselves, their histories, and their shared future reflected back to them”. Ahsan Najmi, President, The Citizens Archive of Pakistan, added, “This groundbreaking represents years of work and a shared conviction that Karachi’s communities deserve to see their histories honoured in a permanent, public space. The museum will be research-driven and community-centred, built to display the past and spark dialogue about who we are and where we come from. We could not have reached this milestone without the commitment of the Government of Sindh, its Culture, Tourism, Antiquities, and Archives Department, and the Karachi Metropolitan Corporation. We are eternally grateful for their partnership”. The ceremony reflects a shared commitment between the Government of Sindh, Karachi Metropolitan Corporation and The Citizens Archive of Pakistan to strengthen heritage and cultural preservation through the development of Karachi Museum of History, as an inclusive, research-driven, and public-centered institution – one that preserves the past while engaging new generations in meaningful dialogue about Pakistan’s cultural identity. For more information, visit: https://www.instagram.com/citizensarchive/ About The Citizens Archive of Pakistan: The Citizens Archive of Pakistan (CAP) is a not-for-profit organisation founded in 2007, dedicated to cultural and historical preservation. CAP’s Board of Directors includes: Sharmeen Obaid-Chinoy, Ahsan Najmi, Jahanzeb Awan, Ziad Bashir, Sara Taher Khan, Salim Karim, Rishm Najm, Reema Gani, Jalal Salahuddin, Sabeen Jatoi and Sumaira Khan.

PM Shehbaz Sharif Arrives in Hangzhou for Official Visit to China
Pakistan

PM Shehbaz Sharif Arrives in Hangzhou for Official Visit to China

ISLAMABAD – Prime Minister Muhammad Shehbaz Sharif arrived in Hangzhou, China on Saturday, marking the beginning of his four-day official visit aimed at strengthening bilateral ties between Pakistan and China. Read More: https://theboardroompk.com/pakistans-mobile-phone-assembly-drops-sharply-by-35-in-april-2026/ The Prime Minister was received at Xiaoshan International Airport by Vice Governor of Zhejiang Province Xu Wenguang, China’s Ambassador to Pakistan Jiang Zaidong, and Pakistan’s Ambassador to China Khalil Hashmi. High-Level Engagements in Hangzhou During his stay in Hangzhou, PM Shehbaz Sharif is scheduled to meet Zhejiang Party Secretary Wang Hao. He will also participate in a business forum focused on promoting cooperation between Pakistani and Chinese companies under Phase-II of the China-Pakistan Economic Corridor (CPEC).The Prime Minister is expected to witness the signing of several agreements and Memorandums of Understanding (MoUs) during the forum. Focus on Economic Cooperation PM Shehbaz will also meet chief executive officers of leading Chinese companies and visit the headquarters of Alibaba Group. These engagements are expected to open new avenues for investment, technology transfer, and industrial collaboration between the two countries.The visit comes as Pakistan and China celebrate 75 years of diplomatic relations.

Two Pakistani Astronauts Begin Joint Training with Chinese Counterparts for Historic Space Mission
Pakistan

Two Pakistani Astronauts Begin Joint Training with Chinese Counterparts for Historic Space Mission

BEIJING – Two Pakistani astronauts have entered the China Astronaut Research and Training Center and are undergoing joint training with Chinese astronauts, the China Manned Space Agency (CMSA) announced on Saturday. Read More: https://theboardroompk.com/pakistans-mobile-phone-assembly-drops-sharply-by-35-in-april-2026/ The development marks a significant milestone in Pakistan-China cooperation in the space sector. Muhammad Zeeshan Ali and Khurram Daud were selected in April as the first foreign astronauts for China’s space mission training program. Training Program Details The Pakistani astronauts are participating in core training programs, intensive Chinese-language courses for daily operations and mission terminology, and in-orbit coordination exercises. The training is progressing smoothly, with a strong focus on practical operational skills. One of the two astronauts will eventually fly on a short-duration mission to the Tiangong space station as a payload specialist. Historic Milestone in Bilateral Space Ties This collaboration comes on the occasion of China Space Day and highlights the deepening strategic partnership between Pakistan and China. Upon successful completion of training and evaluation, one Pakistani astronaut will become the first foreign national to board China’s Tiangong space station.

Govt Considers Revising Export Facilitation Scheme to Curb Flying Invoices
Pakistan

Govt Considers Revising Export Facilitation Scheme to Curb Flying Invoices

The federal government is considering major changes to the Export Facilitation Scheme in the upcoming 2026–27 budget to prevent the alleged misuse of flying invoices by commercial importers in local markets. According to sources quoted by Business Recorder, policymakers are reviewing proposals to withdraw tax exemptions currently available to commercial importers under the scheme. The move aims to tighten oversight, increase tax collection, and create a level playing field for documented industries. Proposal Targets Misuse of Flying Invoices Officials said one of the key proposals under discussion involves ending the facility that allows commercial importers under the Export Facilitation Scheme to transfer sales tax invoices in the domestic market. Documented sectors, including the steel industry, have urged the government to remove these exemptions, arguing that the existing framework enables widespread misuse through flying invoices and input tax manipulation. Industry representatives claim that businesses operating transparently and paying taxes are struggling to compete against traders who allegedly evade duties and taxes through loopholes in the system. Steel Industry Raises Concerns Over Unfair Competition Leading companies in the documented steel sector have reportedly informed authorities that the current system has distorted competition in the local market. They argue that tax compliant manufacturers are facing financial pressure while undocumented operators gain unfair advantages through lower costs. The industry has demanded immediate reforms to stop revenue leakages and restore fair market conditions. Stakeholders also called for rationalization of Serial Number 57 of Table 2 under the Sixth Schedule of the Sales Tax Act, which deals with tax exemptions. Officials believe revising this provision could help curb the misuse of input tax claims. Govt Reviewing Reduction in Discount Rate Another proposal under review seeks to reduce the discount rate at the import stage from 17.5 percent to zero under the scheme. Industry representatives argue that the deferment of value addition sales tax has caused substantial revenue losses for the Federal Board of Revenue while also creating price distortions in the steel scrap market. According to stakeholders, different tax treatments for the same imported products have affected landed costs and disrupted competition across the sector. Budget 2026–27 May Include EFS Reforms The proposed changes are expected to be discussed as part of the federal budget for fiscal year 2026–27. Officials say the government wants to strengthen documentation of the economy while reducing opportunities for tax evasion and fraudulent invoicing practices. Business groups from documented sectors insist that reforms to the Export Facilitation Scheme are necessary to protect tax compliant industries and improve government revenue collection. The government has not yet made a final decision, but consultations with industries and tax authorities are continuing ahead of the budget announcement.

State Bank of Pakistan Closed 26–28 May for Eid-ul-Adha 🕌
Pakistan

State Bank of Pakistan Closed 26–28 May for Eid-ul-Adha

Karachi (May 22, 2026): The State Bank of Pakistan (SBP) has announced that it will remain closed from Tuesday, 26th May to Thursday, 28th May 2026, on account of public holidays for Eid-ul-Adha. Read More: https://theboardroompk.com/chief-justices-cockroach-taunt-created-a-new-political-force-in-india-cockroach-janta-party/ All banking activities including clearing house operations, inter-bank transactions, and other services at the central bank will be suspended during these three days. Commercial banks across Pakistan are also expected to observe the holidays in line with the SBP announcement. Customers are advised to complete their essential banking transactions before the closure. Normal operations will resume on Friday, 29th May 2026.

PM Shehbaz Sharif Embarks on Strategic Visit to China
Pakistan

PM Shehbaz Sharif Embarks on Strategic Visit to China

Prime Minister Shehbaz Sharif will undertake an official visit to China from May 23 to 26 at the invitation of the Chinese government. This visit coincides with the 75th anniversary of diplomatic relations between Pakistan and China. High-Level Engagements Expected The Prime Minister is scheduled to hold crucial meetings with Chinese President Xi Jinping and Premier Li Qiang. These discussions will focus on reviewing and expanding bilateral cooperation across political, economic, and strategic domains. Focus on Economic and Trade Cooperation Special emphasis will be placed on trade, investment, industrial cooperation, agricultural modernisation, information technology, and science & technology collaboration. The visit aims to take the all-weather strategic cooperative partnership to new heights. Prime Minister Shehbaz will begin his visit in Hangzhou, Zhejiang province, where he will chair the Pakistan-China Business-to-Business Investment Conference. The conference will target key sectors including IT, telecom, energy, energy storage, and agriculture. In Beijing, he will attend a special reception hosted by the Chinese People’s Association for Friendship with Foreign Countries to mark the 75th anniversary celebrations. Foreign Office spokesperson Tahir Andrabi described the visit as highly significant, noting it will help reaffirm the strength of Pakistan-China friendship and advance the vision of building a closer community with a shared future. The spokesperson highlighted that both nations have stood by each other through thick and thin for the past 75 years. Pakistan and China established diplomatic relations on May 21, 1951, and their partnership has grown into one of the most important relationships in the region, especially through the China-Pakistan Economic Corridor (CPEC). While bilateral relations remain the primary focus, regional issues including Iran-US tensions may also come under discussion. The visit is expected to further strengthen political trust and expand practical cooperation between the two countries.

Karandaaz, Tapsys Partner to Drive Digital Payments for 10,000 Merchants
Pakistan

Karandaaz, Tapsys Partner to Drive Digital Payments for 10,000 Merchants

Karachi, May 22, 2026 – Karandaaz Pakistan has formalised a partnership with Tapsys under its Raast Merchant Onboarding & Facilitating Entities (RMOFE) programme to support digital payment adoption among up to 10,000 micro and small merchants across Pakistan. The partnership will focus on merchant onboarding, activation, and the use of smart soundbox technology to provide real-time audio transaction confirmation in local languages. The initiative is designed to address practical barriers that continue to limit digital payment usage at the grassroots level, including limited familiarity with digital tools and the need for instant, reliable payment confirmation in busy retail environments. Through this collaboration, Karandaaz and Tapsys aim to support the shift from digital payment infrastructure to active merchant-level usage, particularly in underserved markets. Tapsys, a digital payments enablement company with an operational presence across 85 cities, specialises in expanding merchant acceptance in Tier 2 and Tier 3 markets. Under the partnership, the company will deploy its on-ground expertise and PayApp platform to support Raast-enabled merchant payments. Commenting on the partnership, Waqas ul Hasan, Chief Executive Officer of Karandaaz Pakistan, said:“Micro and small merchants are central to Pakistan’s transition towards a more inclusive digital economy. Through the RMOFE programme, Karandaaz is focused on supporting practical, market-facing solutions that move digital payments beyond infrastructure and into everyday business use. Our partnership with Tapsys is aligned with the national vision for a Cashless Pakistan and aims to address the trust and usability barriers that limit adoption at the merchant level. By enabling locally relevant tools such as real-time payment confirmation, we hope to support wider acceptance of digital financial services in underserved markets where the need and potential impact are significant.” Highlighting the importance of simple and locally relevant payment tools for small merchants, Karim Jindani, Chief Executive Officer of Tapsys, said: “Our mission is to simplify digital payments for the segments that have traditionally been left behind. By integrating Raast payments with smart soundbox technology, we are giving micro-merchants the confidence to transition away from cash. This partnership with Karandaaz allows us to scale our PayApp platform and on-ground expertise, ensuring that digital financial empowerment is not restricted to major urban centres but becomes a nationwide reality.” The partnership reinforces Karandaaz’s focus on supporting innovations that respond to real-world adoption challenges and contribute to more inclusive digital financial growth across Pakistan.

PTCL and Mercantile Pakistan Announce Strategic Partnership for the Promotion of Apple MacBook Neo
Pakistan

PTCL and Mercantile Pakistan Announce Strategic Partnership for the Promotion of Apple MacBook Neo

Islamabad, May 22, 2026: Pakistan Telecommunication Company Limited (PTCL), Pakistan’s leading integrated information and communication technology (ICT) company, has entered a strategic partnership with Mercantile Pakistan, the authorised distributor & service provider of Apple products in Pakistan. In pursuance of the partnership, PTCL will facilitate customer access to Apple MacBook Neo through its established digital channels: Flash Fiber Website, and dedicated support helpline. A structured incentive framework supports the initiative, in which customers will receive vouchers worth PKR 30,000. Additionally, subscribers of PTCL’s Flash Fiber will benefit from a complimentary 100 Mbps internet bolt-on, valid for a period of twelve months. This collaboration represents a significant step in the ongoing efforts of both organisations to advance the accessibility of premium tech products within Pakistan’s rapidly evolving digital marketplace. PTCL and Mercantile Pakistan remain committed to identifying opportunities that generate meaningful value for their respective customer bases and contribute to the broader development of Pakistan’s digital economy. Commenting on the development, Amad Khan, VP Wireline, PTCL, said, “PTCL’s digital platforms have consistently served as an effective vehicle for delivering value-added propositions to our customers, and this collaboration with Mercantile Pakistan is a further expression of that capability. Enabling access to Apple MacBook Neo through our channels addresses a genuine demand among our customer base for the latest products delivered through a trusted medium.” Endorsing the partnership, Chief Executive Officer, Mercantile Pakistan, Nauman Durrani said, “Mercantile Pakistan has long been committed to expanding the reach of Apple’s technology within the country, and our partnership with PTCL provides a well-established channel to fulfil that objective. PTCL’s extensive customer base and digital infrastructure make it an ideal partner, and we are confident that this association will yield tangible outcomes for consumers who seek access to best-in-class personal computing solutions.” The alliance with Mercantile Pakistan further consolidates PTCL’s positioning as an integrated technology and digital solutions provider, extending its role beyond telecommunications infrastructure to encompass broader digital lifestyle enablement.

Mecom Gas Considers IPO to Build LPG Storage Facility in Pakistan
Pakistan

Mecom Gas Considers IPO to Build LPG Storage Facility in Pakistan

Mecom Gas Pvt Ltd is considering launching a Mecom Gas IPO on the Pakistan Stock Exchange to raise $20 million for the construction of a new liquefied petroleum gas storage facility. According to a report by Bloomberg, the Pakistani LPG marketing and distribution company is currently in discussions with Arif Habib Ltd. regarding advisory services for the proposed initial public offering. Company Plans Major LPG Storage Expansion Mecom Gas imports liquefied petroleum gas from Middle Eastern countries and distributes it across Pakistan. Chief Executive Officer Kamran Afzal said the company plans to use IPO proceeds to develop 3,000 tons of LPG storage capacity. The proposed expansion comes at a time when Pakistan’s energy sector is facing mounting pressure due to regional instability and rising fuel costs. Kamran Afzal said increasing storage capacity would help stabilize supply and reduce the impact of sharp price fluctuations in the local LPG market. Pakistan Energy Sector Under Pressure According to the report, Pakistan’s energy sector is experiencing growing challenges linked to the ongoing conflict involving Iran. Pakistan relies heavily on Gulf countries for oil and gas imports, making the country vulnerable to international market disruptions and geopolitical tensions. The country also continues to face balance of payments pressure as rising import costs increase economic strain. Recent data showed Pakistan’s current account returned to deficit in April after a surge in imports driven mainly by higher global oil prices. LPG Prices Double in Six Months Kamran Afzal stated that Pakistan’s LPG sector is also dealing with serious supply disruptions and rising prices. According to the CEO, LPG prices in Pakistan have doubled during the last six months due to international market uncertainty and regional conflict. He explained that expanding storage facilities has become increasingly important to manage supply risks and protect the market from sudden price shocks. Kamran Afzal added that Pakistan’s LPG storage capacity needs to more than double to create adequate reserves for the country. IPO Could Support Energy Security Industry analysts believe the Mecom Gas IPO could strengthen private sector investment in Pakistan’s energy infrastructure at a time when energy security remains a major concern. Additional storage capacity may help reduce short term supply shortages and improve the country’s ability to manage fluctuations in imported fuel prices. The development also highlights increasing interest among Pakistani energy firms in raising capital through the stock market for long term infrastructure projects.

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