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* May 31: Clocks in Pakistan were moved forward by an hour on Saturday, midnight as part of the government’s energy conservation programme. ((Dawn.com) ) ((Bloomberg) ) * May 27: The Pakistan Muslim League (N) on Tuesday agreed to most points of the PPP-proposed constitutional package, but demanded reinstatement of the deposed judges through a parliamentary resolution in accordance with the Murree Declaration before tabling of the 18th Constitution Amendment Bill in the National Assembly. ((Dawn.com) ) * May 23: Pakistan stocks slumped the most in almost two years, with all equities on the benchmark index falling, after the central bank unexpectedly raised interest rates to tame inflation at a 25-year high. ((Bloomberg) )((Dawn.com) ) * May 18: A bomb attack in the city of Mardan killed at least 13 people, including four soldiers and injured more than 20. This was the second attack in Mardan in a month after a car bomb on April 25 killed three and injured 26 people.((BBC) ) * May 13: Ministers from Nawaz Sharif's party Pakistan Muslim League (N) resign from the Government of Pakistan. ((BBC News) ) *May 9: * *State Bank of Pakistan (SBP) has halted indefinitely all exchange companies from exporting British Pound, Euro and Dirham, meanwhile, the dollar in open market still got costlier. ((The News - Jang) ) * *Pakistan says it has asked the United States not to appoint the former head of the US prison at Guantanamo Bay, Maj-Gen Jay Hood as military envoy in Islamabad as the appointment would have provoked uproar in Pakistan. ((BBC News) ) *May 8: Pakistan on Thursday conducted a successful ‘flight test’ of the indigenously developed nuclear-capable air-launched cruise missile, Hatf-VIII - Ra'ad. The test is part of a continuing process of validating the design parameters of the weapon system. ((Dawn.com) ) *May 5 * *Malayan Banking Bhd., Malaysia's biggest bank, agreed to pay as much as 60.3 billion rupees ($922 million) for 20 percent of Pakistan's MCB Bank Ltd. The acquisition would be Pakistan's biggest foreign banking investment and will help Maybank close the lead of rival Bumiputra-Commerce Holdings Bhd. ((Bloomberg) ) * *''Pakistan tugs reins on rice exports'': Pakistan, the world's fifth largest rice exporter, has imposed a minimum export price to increase earnings and withheld some cargoes destined abroad in order to build a domestic strategic reserve. ((Reuters) ) |