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Xiaomi 12 Series Redefines Flagship Category

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Xiaomi today announced the launch of the all-new flagship Xiaomi 12 Series for local markets, featuring two groundbreaking devices: Xiaomi 12 Pro and Xiaomi 12. Designed to empower users around the world with a cutting-edge videography studio and entertainment powerhouse, Xiaomi 12 Series delivers impressive advancements in Xiaomi’s AI algorithm, flagship processing power, and an all-round elevated experience. 

Capture cinematic shots at any time 

Xiaomi 12 Series enables users to record studio-quality shots no matter the scenario, be it challenging lighting conditions or moving objects. Both phones boast a pro-grade triple camera array for versatile shooting, starring a massive 50MP main wide angle camera, with 8K recording capabilities on both Xiaomi 12 Pro and Xiaomi 12.  Xiaomi 12 Pro stands out with its state-of-the-art triple 50MP array, which features a cutting-edge Sony IMX707 ultra-large main sensor. This sensor is capable of catching large amounts of light and empowers advanced imaging capabilities with faster focus speeds and increased color accuracy. Xiaomi 12 features a 13MP ultra-wide angle camera, along with a 5MP tele macro camera, for filming life from different perspectives.  

Beyond impressive hardware, Xiaomi 12 Pro and Xiaomi 12 also advance Xiaomi’s proprietary AI algorithms. These innovations make it easier than ever for users to record every moment the way they want to, even in low-light or moving subjects. Xiaomi ProFocus intelligently identifies and tracks objects, preventing blurring or out-of-focus shots of moving or veiled subjects. These advancements also include eye and face auto focus capabilities. Ultra Night Video uses Xiaomi’s proprietary algorithms to record video even under extreme low-light, meaning moody, atmospheric shots are clearer than ever.  

Available on both devices, One-click AI Cinema offers numerous creative options for show-stopping video editing, such as Parallel World, Freeze Frame Video, and Magic Zoom modes. 

Flagship processing, unprecedented performance and power-efficiency  

Flagship experience requires flagship performance. Xiaomi 12 Series features advanced Qualcomm® Snapdragon™ mobile platforms. Xiaomi 12 Pro and Xiaomi 12 boast a Snapdragon® 8 Gen 1 processor – Qualcomm’s most advanced mobile platform. Built on a 4nm process, this processor also boosts GPU graphic rendering capabilities by 30% and energy efficiency by 25% when compared to the previous generation. Both three devices come with UFS 3.1 exceptional loading and data transfer speeds, along with LPDDR5 RAM for memory speeds up to 6,400Mbps. For optimal product experience, Xiaomi 12 Series packs a high-performing cooling system, bolstered by a super-large vapor chamber and multiple layers of graphite to offer a leadingcooling capability. 

All-around elevated entertainment experiences 

Xiaomi 12 Series not only lets users capture every moment in exquisite detail, but also allows them to relive those moments in astonishing detail via an exceptional entertainment experience.  Both devices offer vivid viewing on an AMOLED Dot Display rated A+ by DisplayMate, and with TrueColor support. For added peace of mind, the display features scratch-resistant Corning® Gorilla® Glass Victus®, and supports Dolby Vision®, industry’s leading imaging technology that brings your content to life with vibrant color and details. Xiaomi 12 Series also supports HDR 10+. Xiaomi 12 Pro is SGS Eye Care Display Certified, showing care for users’ long-term visual health during marathon sessions.  

Meanwhile, Xiaomi 12 Pro redefines flagship display with incredibly smooth viewing, scrolling, swiping, and sliding. The device’s highly power-efficient 6.73-inch WQHD+ display leverages AdaptiveSync Pro to intelligently adjust dynamic LTPO display between 1Hz and 120Hz based on content. 

Xiaomi 12 delivers Xiaomi’s most colorful smartphone display to date, with more than 68 billion colors on 6.28-inch full-HD+ displays. Both feature 120Hz AdaptiveSync, for an impressively high-definition, vibrant, and flicker-free display that conveys every detail.  

 No cinematic experience is truly complete without pro-grade audio. Xiaomi 12 Series features SOUND BY Harman Kardon, and creates an immersive audio experience powered by Dolby Atmos®, delivering spatial sound with rich detail, clarity, and realism across all your favorite entertainment. Xiaomi 12 Pro’s quad speakers – in the form of two tweeters and two woofers – deliver clear details and cover an astounding range of sound. Xiaomi 12 delivers balanced stereo sound ideal for immersive gaming or video.  To optimize core user experience further, Xiaomi 12 Series incorporates MIUI 13, released globally earlier this year. The update includes faster storage, higher background process efficiency, smarter processing, and longer battery life. New features in the upgraded experience include Xiaomi’s proprietary Liquid Storage, Atomized Memory, Focused Algorithms, and Smart Balance. 

Next-generation charging 

Xiaomi 12 Series delivers pro-grade cinematic and entertainment experiences all day, the devices deliver next-level charging speed and safety.  

 Xiaomi 12 Pro features an incredibly fast 120W Xiaomi HyperCharge. With a 4,600mAh battery fully charged in just 18 minutes using Boost mode, Xiaomi 12 Pro delivers next-generation charging capabilities that keep up with user demands.  Xiaomi 12 fits a 4,500mAh battery into compact body designs. Xiaomi 12 Pro and Xiaomi 12 also support 50W wireless charging and 10W reverse charging.  Both leverage Xiaomi AdaptiveCharge, a smart charging algorithm that learns and adapts to charging habits, which prolongs battery life. 

Flagship capabilities packaged in an iconic design  

These portable pocket-sized studios fit comfortably in the palm of your hand thanks to Xiaomi 12 Series’ iconic and user-centered design. Slimmer high-capacity batteries and a narrower ridge gap save precious space within the device. Xiaomi 12 Pro’s 6.73-inch display is encased in a sleek middle frame with sophisticated 3D curves. Meanwhile, Xiaomi 12’s 6.28-inch display measures just 69.9mm in width and is accented by smooth curves for a perfect fit. Both devices are available in Gray, Purple, and Blue. 

Market Availability   

Xiaomi 12 Pro comes in one variant 12GB+256GB, and recommended retail price starts from PKR 208,999/-.

Xiaomi 12 comes in one variant, 12GB+256GB, and recommended retail price starts from PKR 179,999/-.

Purchase these devices and get a sweet bundle deal where you get a Mi Band 6 and a bag with the Xiaomi 12. Similarly with the Xiaomi 12 Pro, get a Mi Portable Bluetooth Speaker and a 10000mAh Mi Power Bank 3.  Available at top distributor partners such as Phonezo, Airlink, Smartlink etc. For those looking to purchase these online, we’ve news for you  too as these are also available on MiStore and Daraz. 

Quick Specs:

 Xiaomi 12Xiaomi 12 Pro
Display120Hz +  AMOLED DotDisplay120Hz 6.73” AMOLED Dot Display 
Rear Camera50MP main camera 13MP ultra-wide camera 2MP macro camera 5MP depth camera50MP wide angle, ultra-wide and tele macro camera
Front Camera32MP32MP in-display selfie camera
Dimension & Weight152.70mm x 69.90mm x 8.16mm – 180g163.60mm x 74.60mm x 8.16mm 205g
ProcessorSnapdragon ® 8 Gen 1Snapdragon ®r 8 Gen 1
Charging4500mAH – 67W charge4600mAH – 120W charge
Variant12GB + 256GB12GB + 256GB
Color AvailableGray, Purple & BlueGray, Purple & Blue

About Xiaomi Corporation  

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.  

Embracing our vision of “Make friends with users and be the coolest company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.  

Xiaomi is one of the world’s leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020.  

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index. 

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TECNO to launch its new Spark phone in Pakistan soon

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TECNO to launch its new Spark phone in Pakistan soon

After massive success in the Pakistani Mobile market, TECNO is rumored to be preparing for a new addition to its Spark series. The globally eminent smartphone brand TECNO has been working tirelessly in Pakistan for quite some time now. The brand has brought forward some great phones over the years with advanced technologies, pocket-friendly prices, and stylish designs. 

Spark is TECNO’s famous mid-range series, bringing you quality devices at lower prices. Spark 8C is an entry mobile that is expected to be around PKR 19,499 to PKR 22,999. The price is not confirmed yet but we are expecting it around this segment. The phone is going to be a stunner in this range with Stylish Design and great Battery.

According to sources, Spark 8C will be equipped with better memory and memory fusion features than any other phone in this range. Memory Fusion Technology is specially designed to channel RAM operations by using unused read-only memory (ROM). This means it can expand the memory of 4+128GB to 7+128GB and that of 3+64GB into 6+64GB maximum. The RAM can be updated or expanded from 3GB to 6GB and 4GB to 7GB depending on the variant. If this is true, then Spark 8C shall be the only smartphone to provide such an amazing feature with 128GB in such an affordable price range.

Moreover, the phone is anticipated to provide efficient performance with a powerful processor and big battery. The 90Hz refresh rate, great display, and handy body design will make it a user-friendly device. The phone is expected to launch somewhere in mid-March 2022. Furthermore, the phone is being assembled in Pakistan to make it economical and pocket-friendly for the local consumers. 

So, fingers crossed for this new Spark device to be soon launched in Pakistan. Stay tuned for more updates and much more about tech!

Jazz appoints Atyab Tahir as CEO JazzCash

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Jazz appoints Atyab Tahir as CEO JazzCash

Jazz, Pakistan’s leading digital operator (part of VEON Group NASDAQ: VEON, Euronext Amsterdam: VEON), announces the appointment of Atyab Tahir as the CEO of JazzCash effective May 1 2022.

Atyab, currently serving as Country Manager MasterCard Pakistan & Afghanistan, has over two decades of international experience in banking and consulting. Atyab has also held senior positions at Fidelity Investments, HBL, Telenor Bank and easypaisa. He holds a BA from Dartmouth College and an MBA from Babson College.

Commenting on Atyab’s appointment Aamir Ibrahim, CEO, Jazz  said: “While mobile phones and payment solutions have accelerated financial inclusion in the country, a significant portion of Pakistan’s adult population remain unbanked. I am confident that under Atyab’s dynamic leadership JazzCash will help boost financial inclusion across the board through innovative and customer-centric products.”

JazzCash is at the forefront of Pakistan’s digital revolution processing more than 5 million transactions every day and accounting for almost 7% of Pakistan’s GDP. Our aim is to build a world-class fintech serving every single Pakistani, from youth, SMEs, freelancers, with a very strong focus on the unbanked and the underbanked. I look forward to joining the Jazz family and collaborating with our partners in the telecommunications and financial services sector to unlock the true potential of Digital Pakistan.” said Atyab.

A division of Jazz, JazzCash has grown rapidly to become a leader in the country’s marketplace for digital financial services. As shown in VEON Group’s FY21 results that were released on 28 February 2022, JazzCash has 15.2 million monthly active users (+24.9% YoY) and 130,800 monthly active merchants (up by 2.3 times YoY). 

Jazz appoints Atyab Tahir as CEO JazzCash.

vivo V23 5G — The Best in Camera, Technology, Performance and Appearance

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Due to the constant development in the technology space for smartphones, there is always hype surrounding any new ‘firsts’ in the market. There is always excitement as to what will be introduced and how well it will be accepted by the audience. 

Keeping this in mind, Vivo’s latest smartphone vivo V23 5G finds itself in a similar situation. The day it was announced, it received a lot of attention for its color-changing design. The design itself represents a significant advancement in smartphone research and design. Making smartphones not only technologically superior but also cosmetically superior is a step forward.

The continual excitement and experience since the smartphone’s launch has not only solidified its market position but also demonstrated that it is a well-balanced phone that isn’t only focused on aesthetics.

Delving more into the device, the vivo V23 5G dons a high-resolution 50MP AF Portrait Selfie camera on the front. This device focuses heavily on the selfie experience which makes it stand out in the market. The latest ISOCELL 3.0 technology helps the camera increase light sensitivity to capture a more crystal-clear picture for the user. Furthermore, the Eye Autofocus feature enables the users to be the center of attention while clicking the picture as the camera focuses on the user, even if they are in motion. 

The dual front camera system offers a much larger field of view with the help of its 8MP Super Wide-Angle Camera. Furthermore, with modes like the AI Extreme Night Portrait mode, the front camera delivers an unparalleled experience in this price range. The phone also sports a 64 MP main rear camera with an 8MP wide-angle lens and a 2MP Macro that can handle wide natural landscapes very easily. The user experience is further increased with features like the Super Night Mode, Bokeh Flare Portrait, and Ultra Stabilization. It is only right to say that both, the front camera and the rear camera together offer a device that is picture-perfect. 

When it comes to the visual and performance aspects of this phone, there’s no doubt that it’s the best of what vivo has to offer. vivo has always been on the cutting edge of device design and aesthetics. It’s also fair to say that Vivo takes pride in its technological advancements and innovations. Every device that vivo introduces exemplifies this completion.

V23 5G brings out the result of Vivo’s extensive research which is the Color Changing Fluorite AG Design. This material changes its color upon exposure to ultraviolet light and after about 30 seconds under the sun. This switch goes back to normal once the phone is out of sun exposure. Talking more about the appearance of the device, it is the combination of the Metal Flat Frame Design and the Color Changing Fluorite AG Design that gives the device the aesthetic appeal that has been the talk in the industry for a while now. 

All these powerful features that the phone flaunts are powered by the powerful MediaTek Dimensity 920 processor. This processor offers powerful performance and a fast user experience. The Extended RAM 2.0 further enhances the user experience with its versatile features to expand RAM when required. The 90Hz refresh rate display, a Liquid Cooling System, and Ultra Game Mode make it possible for users to enjoy super smooth gameplay performance. This experience is mutually assisted by the 4200mAh battery that features a 44W FlashCharge that helps in interrupted experience and performance. 

To summarise it all, the vivo V23 5G is a proud and well-balanced device that fulfills the requirements of every smartphone enthusiast whether it is for work, casual, or professional usage.

 

Tech Giant XIAOMI launches anticipated Redmi Note 11 Pro – Packing major upgraded to hardwares & software!

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Xiaomi announced the Redmi Note 11 Pro for Pakistani markets, pushing forward the legacy of the Redmi Note series with two all-new devices: Redmi Note 11 Pro and Redmi Note 11. Rising to the challenge to bring even stronger specs and features, Redmi Note 11 series packs powerful upgrades to its camera system, charging speed, display, and SoC—making flagship-level smartphone performance more accessible than before. All this available in a bundle deal, with Redmi Buds 3 completely free.

Flagship-level 108MP quad camera to deliver outstanding photography

Boasting a rear quad camera setup, Redmi Note 11 Pro delivers an outstanding photography experience with zero compromise. Its 108MP main camera captures stunning images in high-resolution and vivid colors; an 8MP ultra-wide angle camera extends your perspective with a 118-degree viewing angle; a 2MP macro camera that captures fine details up close and a 2MP depth sensor that’s for capturing more natural looking portrait shots. Accenting the front of the phone is a 16MP front camera that can capture clearer and natural-looking selfies. The 108MP pro-grade main camera utilizes the Samsung HM2 sensor with a large sensor size at 1/1.52 inch, and supports 9-in-1 pixel binning technology as well as a dual native ISO to deliver incredible images in all lighting conditions, with spectacular results especially in dim light.

120Hz FHD+ AMOLED DotDisplay packed into trendy flat-edge body

Featuring a large 6.67′ FHD+ AMOLED DotDisplay with 120Hz display refresh rate, Redmi Note 11 Pro levels up the screen experience with smooth scrolling response and lag-free transitions. The beautiful display is packed into a body with a trendy flat-edge design. Plus, with the dual super linear speakers located at the top and bottom of the phone, Redmi Note 11 offers immersive stereo sound for gaming or watching videos.

Performance powered by 67W turbo charging and MediaTek Helio G96

Redmi Note 11 Pro comes with flagship 67W turbo charging, allowing you to charge up

to 51% of its 5,000mAh high capacity battery in just 15 minutes Powered by MediaTek Helio G96, Redmi Note 11 Pro also delivers a smooth and seamless performance.

Market availability:

Redmi Note 11 Pro comes in two variants – 6GB+128GB, and 8GB+128GB and are available at top distributor partners such as Phonezo, Airlink Communication, Smartlink and Tech Sirat. For those looking to purchase these online, we’ve news for you  too as these are also available on MiStore.

Redmi Note 11 Pro

6GB+128GB: PKR 51,999/-

8GB+128GB: PKR 59,999/-

Redmi Note 11 Quick Specs:

 Redmi Note 11
Display120Hz  6.67” FHD+ AMOLED DotDisplay
Rear Camera108MP main camera 8MP ultra-wide camera 2MP macro camera 2MP depth camera
Front Camera16MP in-display front camera
Dimension & Weight164.19mm x 76.1mm x 8.12mm 202g
ProcessorMediaTek Helio G96
Charging5,000mAh (typ) battery Supports 67W wired Pro fast charging
Variant6GB+128GB, 8GB+128GB
Available ColorGraphite Gray, Polar White, Star Blue

The Redmi Note 11 Pro is available at PKR 51,999/- for the 6+128GB variant and PKR 59,999/- for the 8+128GB variant. A bundle deal with Redmi Buds 3 absolutely free!

About Xiaomi Corporation

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.

Embracing our vision of “Make friends with users and be the Coolest Company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi is one of the world’s leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020.

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

Telenor’s Promotional Offers Under Spotlight Amid Ufone Integration Process

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Islamabad: Telenor Pakistan’s recent promotional campaigns have drawn attention across the

telecom sector following the acquisition agreement by PTCL Group, the parent company of Ufone.

While the acquisition process has been formally announced, telecom experts clarify that operational

integration is a phased procedure. Regulatory approvals, technical alignment, and network

consolidation take time, meaning Telenor continues to function as a commercially active operator

during the transition period.

In recent weeks, Telenor has introduced aggressive monthly bundles, including high-data packages

and calling offers marketed through official channels such as Easypaisa. Industry analysts note that

promotional intensity typically increases during ownership transitions as companies aim to maintain

subscriber confidence and stabilize revenue streams.

Telecom sources confirm that active packages and subscriptions remain valid until their stated

expiry dates. In standard telecom mergers, customer balances, data allocations, and subscribed

bundles are honored during and after integration, in accordance with regulatory guidelines.

“There is no immediate termination of commercial commitments during operational consolidation,” a

telecom industry official said. “Consumer rights and active subscriptions are protected.”

Pakistan’s telecom market remains highly competitive, with operators frequently revising offers to

retain market share. Market observers believe that current promotions reflect competitive

positioning rather than any irregular practice.

Until an official announcement confirms full network integration under Ufone, Telenor’s offers

remain commercially valid within the existing operational framework.

Consumer Advisory:

• Subscribe only through official apps or authorized channels.

• Review package validity and terms before activation.

• Avoid relying on unverified social media claims.

Nayatel & Huawei Technologies Pakistan Celebrate a Decade of Business Together

Nayatel & Huawei celebrated a decade of a successful partnership at Serena Hotel in Islamabad. The event has attended by both teams and there was a warm sense of partnership and accomplishment in the air as they came together to celebrate a decade longjourney of two companies growing stronger together.

Managing Director Huawei EBG, Mr. GaoWeijie gave the welcome address and talked about the friendship between the two companies and how they have become more like family over the last decade. He announced a specially created commemorative coin to mark this special occasion that would presented to the guests.

 

Mr. Aqeel Khurshid, CTO Nayatel said “Huawei & Nayatel together did a lot of great things and are still doing so, in these 10 years we built a great trust and confidence in Huawei. Nayatel & Huawei both are customer centric and very innovative organizations, and because of these common attributes we developed a strong bond between Nayatel & Huawei.”

 

COO Nayatel, Mr. Saad Saleem said “Nayatel started business with Huawei in 2012, we felt very comfortable in dealing with a Chinese company, it was the best decision we made. Nayatel has founded on principles of Quality, Service, Passion and desire to serve, and same are the values of Huawei. Together the two organizations plan to build more secure and stable networks for our customers”

 

“We have been lucky that we have partnered with Huawei. Huawei truly believes in Innovation because they are focused on R&D. Everyone buys Huawei, because Huawei is a great brand. Together both companies need to work hard and take calculated risks so we can create history together” said Mr. WahajSiraj who is the CEO for Nayatel.

 

A milestone video showcased the last decade which has appreciated by everyone after which a celebratory cake cutting ceremony has held where Mr. Gao Weijie (Managing Director EBG), Mr. Pan Feng (new Managing Director EBG), Mr. Shahzad Rasheed (CEO Cloud) and Mr. Faran Humayun (Director ISP) were joined by Mr. Rashid Ali Khan (Board member), Mr. Jahangir Khan (Board member), Mr. Wahaj Siraj (CEO Nayatel), Mr. Khawaja Saad Saleem (COO Nayatel) and Mr. Aqeel Khurshid (CTO Nayatel).

 

Shields were distributed by both teams, followed by the Nayatel and Huawei management teams signing an MOU for a strategic partnership for the coming years with an aligned vision to grow together as a family.

PTCL signs MoU with GCU for providing premium ICT services

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    Pakistan Telecommunications Company Limited (PTCL), signs a Memorandum of Understanding (MoU) with Government College University (GCU), during a ceremony organized at GCU campus in Lahore. Under this MoU, PTCL will offer students, alumni and staff members with exclusive discounted packages for premium ICT services including seamless telephone and internet services.
    On the occasion, Nauman Durrani, Executive Vice President (EVP) Sales, PTCL, said, “We are glad to partner with GCU and contribute to the education sector by providing students and staff members with discounted packages to enjoy seamless ICT service. With this collaboration PTCL strives to provide cost-effective connectivity solutions equipped with the latest ICT services that will empower students to focus on their ideas and execute them for a better future of Pakistan. Through such partnerships, we endeavor to further strengthen educational institutions across Pakistan such as GCU that play a pivotal role in grooming of the students for nation-building.”
    On the occasion, Prof. Dr. Asghar Zaidi (T.I), Vice Chancellor, Government College University, Lahore, said “We are delighted at this partnership with PTCL that will enable our education system to efficiently serve all stakeholders with access to quality ICT services. With advancement in technology, better connectivity has most certainly become a prerequisite for academic excellence. Tapping into PTCL’s vast infrastructure and expertise, it will certainly support our increasing demand for internet and telecom services that would most certainly benefit our students and teachers in a multifaceted way.”
    PTCL has always been at the forefront to provide latest and innovative solutions to cater to the ever-growing demand for best-in-class internet services in Pakistan

    Government Aims to Boost Low-Cost Housing and Generate Employment

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    Government Intensifies Efforts to Expand Affordable Housing

    The government is taking decisive steps to expand access to low-cost housing while simultaneously creating new employment opportunities across the country. In a high-level review meeting, key measures were discussed to promote investment in the housing sector and address long-standing challenges that have limited growth in construction and real estate development.

    Affordable housing has been highlighted as a fundamental right, with a renewed focus on ensuring that citizens, especially low- and middle-income groups, can access safe and affordable living spaces. The government is prioritizing policies that make housing finance more accessible and encourage both local and international investment.

    Focus on Simplified Loans and Investor Protection

    One of the central pillars of the new strategy is the provision of easy and affordable housing loans. Authorities have been directed to simplify lending procedures and ensure that financing options are accessible to a wider segment of the population. By reducing complexities and improving access to credit, the government aims to enable more families to own homes.

    Investor confidence is also being addressed through enhanced protection measures. Efforts are underway to create a secure environment for both domestic and overseas investors, ensuring that investments in the housing sector are safeguarded against risks. This move is expected to attract fresh capital inflows and stimulate large-scale development projects.

    Reforms to Accelerate Construction Activity

    A range of structural reforms is being introduced to boost construction activity and remove barriers that have historically slowed down progress. These reforms include improving regulatory frameworks, streamlining approval processes, and encouraging innovative financing models.

    Developer-led financing is one of the key proposals under consideration. This approach allows developers to play a more active role in providing financing solutions, reducing reliance on traditional banking channels and speeding up project completion. By diversifying funding options, the government aims to unlock new opportunities for growth in the sector.

    Strengthening the Mortgage Financing Ecosystem

    Expanding mortgage financing is another critical component of the housing strategy. The government is working to strengthen the overall mortgage ecosystem by encouraging financial institutions to increase their participation in housing finance.

    Plans are in place to assign specific targets to banks to ensure that they actively contribute to the growth of the housing sector. These targets are expected to drive competition among financial institutions and improve the availability of housing loans.

    In addition, recent adjustments to affordable housing finance schemes have made borrowing more attractive. Lower markup rates and higher loan limits are expected to make home ownership more achievable for a larger number of citizens.

    Legal Reforms Near Completion to Support Growth

    Significant progress has been made in updating legal frameworks governing the housing and construction sector. These reforms, which are now in their final stages, aim to create a more transparent and efficient regulatory environment.

    Improved laws and regulations are expected to reduce disputes, enhance accountability, and provide greater clarity for developers, investors, and homebuyers. A well-defined legal structure is essential for building trust and ensuring the smooth functioning of the housing market.

    At the same time, efforts are being made to improve coordination between federal and provincial authorities. Enhanced collaboration is seen as crucial for implementing policies effectively and ensuring that development projects are executed without unnecessary delays.

    Addressing the Housing Shortage Challenge

    The push for low-cost housing comes at a time when the country faces a significant housing shortage, estimated to be in the millions of units. This gap between demand and supply has made it increasingly difficult for many families to find affordable accommodation.

    By focusing on large-scale development and encouraging private sector participation, the government aims to bridge this gap and meet the growing demand for housing. Increasing the supply of affordable homes is not only essential for improving living standards but also for supporting urban development and economic stability.

    Introduction of Regulatory Authority and Tax Reforms

    As part of broader reforms, plans are underway to establish a dedicated regulatory authority for the real estate sector. This body will oversee operations, enforce standards, and ensure transparency in transactions.

    Standardizing construction-related taxes is another important step being considered. Simplified and consistent tax policies can reduce uncertainty for developers and encourage more investment in housing projects.

    Public-private partnerships are also being promoted to leverage the strengths of both sectors. By combining government support with private sector expertise, these partnerships can accelerate the delivery of housing projects and improve overall efficiency.

    Boosting Employment Through Housing Development

    The housing and construction sector is widely recognized as a major driver of economic activity and job creation. Expanding low-cost housing initiatives is expected to generate employment across multiple industries, including construction, manufacturing, and services.

    From skilled labor to supply chain roles, the ripple effect of increased construction activity can create a wide range of job opportunities. This is particularly important in the current economic climate, where job creation remains a key priority.

    By investing in housing development, the government is not only addressing the need for affordable homes but also supporting broader economic growth and stability.

    A Strategic Path Toward Economic Growth

    The comprehensive approach to housing reform reflects a long-term vision for economic development. By combining financial incentives, regulatory improvements, and investment-friendly policies, the government aims to transform the housing sector into a cornerstone of growth.

    These initiatives are expected to attract investment, boost construction activity, and create sustainable employment opportunities. At the same time, they will help improve living conditions and provide greater access to housing for millions of people.

    As these reforms move forward, the focus will remain on ensuring effective implementation and delivering tangible results that benefit both the economy and the population at large.

    Read More

    KP Voices Concern Over Rs. 100 Billion Cut in Federal Development Funds

    Pakistan’s Space Agency launches new satellite

    The Pakistan Space Agency (SUPARCO) has launched a new satellite, the PakTES-1A, into orbit. The satellite has launched on A rocket called Long March 2C launched from the Xichang Satellite Launch Center. A Long March 2C rocket was launched from the Xichang Satellite Launch Center. China on June 16, 2023.

    The PakTES-1A is a small satellite weighing just 285 kilograms. It has equipped with a high-resolution optical payload that used to collect data on the Earth’s atmosphere and climate. The satellite has also equipped with many other sensors, including a multispectral imager, a thermal imager, and a magnetometer.

    The PakTES-1A has the first satellite to launched by SUPARCO in over a decade. The launch is a significant milestone for the agency and is a sign of Pakistan’s growing space capabilities.

    The satellite has expected to operational for three years. It will monitor various environmental parameters, including air quality, water quality, and land use. The data collected by the satellite used to support multiple applications, including environmental monitoring, disaster management, and climate change research.

    The launch of the PakTES-1A is a significant achievement for SUPARCO and is a testament to the agency’s growing expertise in space technology. The launch also demonstrates Pakistan’s commitment to space exploration and its desire to lead the global space community.

    Benefits of PakTES-1A satellite

    The PakTES-1A satellite has expected to have some benefits, including:

    • Monitoring the Earth’s atmosphere and climate: The satellite’s high-resolution optical payload will collect data on the Earth’s atmosphere and environment. This data used to monitor air quality, water quality, and land use.
    • Supporting disaster management: The satellite’s data will also support disaster management efforts. For example, the data could used to track the movement of cyclones and floods.
    • Promoting climate change research: The satellite’s data will also be used to promote climate change research. The data could track changes in the Earth’s atmosphere and climate.

    Conclusion

    Launching the PakTES-1A satellite is a significant milestone for SUPARCO and a testament to the agency’s growing expertise in space technology. The launch also demonstrates Pakistan’s commitment to space exploration and its desire to lead the global space community. The satellite has expected to have many benefits, including monitoring the Earth’s atmosphere and climate, supporting disaster management efforts, and promoting climate change research.

    PSO opens the first retail outlet in Bahria Orchard Lahore

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      Pakistan State Oil (PSO), the largest oil marketing company in the country continues to expand its retail footprints across Pakistan. Mr. Jehangir Ali Shah, Managing Director & CEO, PSO inaugurated the state of the art M/s. Bahria Orchard Filing Station in Lahore. Senior management, staff of the company and dealer of the retail outlet were also present on the occasion.


      The fuel filling facility brings real convenience for customers living in the area, who will benefit from quality petroleum and lubricant products along with convenience shopping at the company’s rapidly expanding Shop Stop brand. Currently, PSO is the first OMC, offering fuel filling facility at the Bahria Orchard Lahore. Apart from general commuters of the area; the outlet will also cater to the customers passing through the busy Raiwind Road.
      Expressing his views on the occasion, Mr. Jehangir Ali Shah, MD&CEO, PSO, said:
      “We believe in growth of our business with a focus on total customer satisfaction. Opening of a new outlet reflects PSO’s commitment to serve the nation by fulfilling our promise of providing quality petroleum products and non-fuel retail services by expending our retail footprint.”
      “PSO has the largest network of petrol stations in Pakistan. The company currently has 3,487 retail outlets and serving the nation form Karachi to Gilgit in an efficient manner.”

      Mr. Jehangir Ali shah praised the internal and external teams who worked on this project and made it operational within deadline.

      A closer look at TECNO’s Camon 12 Air with punch-hole screen technology

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        The revolutionary punch-hole screen technology is the design trend for 2019. While this technology was first adopted by companies to integrate in their flagship phones, it slowly started making its way to budget phones. One of the most noticeable budget phones to make use of this technology is upcoming Camon 12 Air by TECNO.

        So, the selfie camera of Camon 12 Air is the same in size as that of an opening, a hole punch makes in the sheet of paper. This ends the need of a top bezel in the phone. This gives users a lot of extra screen to work on.

        The phone will officially launch in Pakistan in the last week of October as per speculations. Here are some other rumors regarding specs of the phone:

         

        The phone has an LCD measuring 6.55-inches according to sources. Looking at leaked images shared on social media sites, it can be assumed that the phone will have premium looks. Overall, the company has done a neat job of integrating this latest design feature in LCD panel which is a bit tricky as compared to doing the same on OLED panel.

        The phone features a powerful 4,000 mAh battery which helps you stay stress free when it comes to charging issues. The users can easily go two days without having to charge their phone with this battery.

         

        The phone features AI triple camera setup at its back with a primary sensor of 16 megapixel, a secondary sensor of 5 megapixel and a depth sensor of 2 mega pixel for Boke effect along with single-tone Quad LED flash. The phone features an 8 megapixel selfie camera that is equipped with AI beauty mode.

        The phone is estimated to come with the price range of 20,000 PKR to 25,000 PKR. The upcoming phone is being termed as best budget phone for photography lovers and the fashion conscious consumers. The phone will be available both online and offline soon after its launch.