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City District
Lahore Development Programme Gains Momentum, Zero Tolerance Policy Enforced on Substandard Street Construction
▫️5,107 streets completed in Phase II; development work accelerates in remaining areas
City District
Major Cleanliness Drive in Wagah Town: Suthra Punjab Authority Deploys 321 Vehicles and Over 1,400 Workers
▫️Clearance of 22 hotspots completed; door to door waste collection intensified in rural areas
National
Review of Pakistan’s Cement Industry: CCP Identifies Decades Long Cartelization
▫️Despite anti cartel measures in place since 1992, collusive practices persist in the sector, exposing weaknesses in the competitive framework
National
PM, ABAD Hold Key Meeting; Major Reforms in Real Estate Sector on the Cards
▫️Special judicial benches for land disputes, proposal to declare Gwadar a tax free zone, and progress on establishing a regulatory authority
Global
Australia’s Housing Market Slows as Price Growth Hits Year Long Low in April
▫️Interest rate hikes, inflation, and economic uncertainty weigh on major cities, with Sydney and Melbourne recording monthly declines