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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 leading–cooling 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.

Where to Buy the Best Foot Washer in Pakistan: Top Supplier and Price

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If you are looking for the best foot washer in Pakistan, then you have come to the right place. A foot washer is a helpful tool, mainly for performing wudu or ablution with ease and comfort. It is very useful for elderly people, pregnant women, children, and those with mobility issues who find it hard to lift their feet. However, finding the right foot washer in Pakistan is not always easy.

In this blog, we will talk about the foot washer and its top supplier in Pakistan. We will also cover the foot washer price in Pakistan, features, benefits, customer reviews, and answer some common questions to help you make the best decision.

 

Top Supplier of Foot Washers in Pakistan

When it comes to buying a top-quality foot washer, Water Solutions is the top supplier of Foot Washers in Pakistan. They offer a reliable wudu foot washer designed to make wudu easier and more comfortable for everyone.

Price of Water Solutions Foot Washer

The Water Solutions Foot Washer is available for ₨31,000.00. While it may seem a bit pricey at first, it is a one-time investment that offers great comfort and long-term benefits for daily use. Considering its quality, durability, and ease of use, the price is worth it.

Why Choose Water Solutions Foot Washer?

The Water Solutions Foot Washer is designed with user comfort and convenience in mind. It helps people who struggle with lifting their feet for ablution, making it an ideal solution for many.

Key Features

Easy to Use: No special skills are needed. Just place your foot on the washer, and the water flows smoothly.

Simple Installation: – No need for a professional plumber; it easily connects to water and drainage supplies.

Space-Saving: Its compact size makes it perfect for small bathrooms.

Water-Efficient: Uses minimal water, helping conserve resources during wudu.

Durable & Reliable: Made from high-quality materials for long-lasting performance.

Compact Design: Comes in a sleek white color, measuring 50x38x38 cm and weighing only 6 kg, making it lightweight and easy to handle.

Who Should Buy Foot Washer?

The Foot Washer machine is perfect for:

Elderly People: Helps those who find it difficult to lift their feet due to age-related issues.

Pregnant Women: Provides comfort and ease while performing wudu without bending too much.

Children: Safe, simple, and easy to use for young kids learning to perform ablution.

People with Mobility Issues: Ideal for individuals with injuries, joint problems, or physical disabilities.

Everyone: Even if you do not have any special needs, it offers a convenient and hygienic way to perform wudu.

Where to Buy the Water Solutions Foot Washer?

You can buy the best foot washer directly from their official website, Water Solutions.pk. It is the most reliable source to get the original product with guaranteed quality. The best part is that they offer fast and secure delivery all over Pakistan. So, no matter where you live—whether in Karachi, Lahore, Islamabad, or any other city—you can get the foot washer delivered right to your doorstep.

Ordering from their website is simple, and their customer support team is always ready to assist if you have any questions or need help with your order.

Customer Reviews

Many customers have shared their positive experiences with the Water Solutions Foot Washer. Here are some real reviews from satisfied buyers:

✔ “Thank you for this amazing product! It made wudu easier for my aged parents who couldn’t lift their feet off the ground.”

✔ “It is simple and easy to install, and it doesn’t consume much space in the washroom.”

How to Install the Foot Washer?

One of the best things about this foot washer is how easy it is to install. You do not need an expert plumber or any special tools. Here is a simple guide:

1. Choose a Spot

Find a place near a water supply and drainage point in the bathroom.

2. Connect to Water Supply

Attach the foot washer to the water source using the provided connectors.

3. Set Up Drainage

Make sure the drainage pipe is properly connected so the water flows out smoothly.

4. Test It

Turn on the water to check if everything is working correctly.

In case you face any issues, the customer support team at Water Solutions is very responsive and can guide you through the process.

Conclusion

The Water Solutions Foot Washer is a great product for anyone who wants a comfortable, easy, and hygienic way to perform wudu. It is especially useful for elderly people, pregnant women, children, and those with mobility issues.

Competition Commission Approves Telenor Acquisition by Ufone/PTCL

In a significant development, the Competition Commission of Pakistan (CCP) has approved Phase One of the acquisition process of Telenor by Ufone/PTCL. This milestone marks a major step forward in the consolidation of Pakistan’s telecom industry.

Both companies have been notified of this development, paving the way for their merger into a single entity. The companies have been directed to complete the necessary procedures and documents for Phase Two, which is expected to be completed in the coming months.

Once the process is complete, the merged company will serve over 6.7 million mobile phone users, including Telenor’s 3.4 million customers in Pakistan. This merger is expected to boost competition and coverage in Pakistan’s mobile phone industry, leading to improved services and options for consumers.

The merged company will have a stronger presence in the market, enabling it to invest in network expansion, modernization, and innovation, ultimately benefiting mobile phone users across Pakistan. This development is a positive step towards a more robust and competitive telecom industry in Pakistan.”

 

REad More: https://flare.pk/2024/05/iphone-sales-decline-a-cause-for-concern-or-catalyst-for-change/

Power Sector Circular Debt Surges Over 1,200% Compared to Last Year

Pakistan’s power sector continues to face one of its most persistent financial challenges as circular debt recorded a dramatic increase during the first ten months of fiscal year 2025-26. Although the overall stock of circular debt remains significantly below the level recorded a year earlier, the pace of accumulation during the current fiscal year has raised fresh concerns about the sustainability of ongoing reforms and the financial health of the country’s electricity sector.

The latest figures reveal a substantial rise in circular debt growth compared with the same period last year, highlighting the structural weaknesses that continue to affect electricity generation, distribution, billing, and revenue recovery across the country. While policymakers have made progress in reducing the total debt stock through refinancing measures and improved sector management, underlying operational inefficiencies remain a major obstacle to long-term stability.

The resurgence of circular debt growth underscores the complexity of Pakistan’s energy sector challenges and the need for comprehensive reforms capable of addressing both financial and operational shortcomings.

Understanding Circular Debt in Pakistan’s Power Sector

Circular debt has become one of the most frequently discussed issues within Pakistan’s energy sector.

At its core, circular debt refers to the accumulation of unpaid financial obligations throughout the electricity supply chain. These liabilities arise when revenues collected from consumers are insufficient to cover the full cost of power generation, transmission, distribution, and related operational expenses.

The problem begins when electricity distribution companies fail to recover the entire amount billed to consumers or incur losses due to inefficiencies and theft. As a result, payments to power producers are delayed, creating financial strain throughout the sector.

Power producers then struggle to meet obligations to fuel suppliers and other stakeholders, resulting in a chain reaction of unpaid liabilities.

Over time, these unpaid amounts accumulate into what is commonly referred to as circular debt.

The issue has persisted for decades and remains one of the most significant challenges facing Pakistan’s energy sector.

A Sharp Increase During FY2025-26

The latest data indicates that circular debt increased substantially during the current fiscal year.

While the overall stock remains below the level recorded a year earlier, the pace of debt accumulation during the first ten months of FY2025-26 has accelerated sharply compared with the corresponding period of the previous fiscal year.

This dramatic increase has attracted significant attention because it suggests that operational challenges continue to undermine efforts aimed at achieving sustainable financial stability.

The comparison with last year is particularly striking because debt growth during the same period of the previous fiscal year remained relatively modest.

The current surge highlights the vulnerability of the sector to ongoing inefficiencies despite various policy interventions and reform initiatives.

For policymakers, the trend serves as a reminder that reducing the overall debt stock is only one aspect of the broader challenge. Preventing the reaccumulation of liabilities remains equally important.

Distribution Companies Remain the Primary Challenge

A major contributor to the latest increase in circular debt is the continued underperformance of electricity distribution companies.

These companies play a critical role in delivering electricity to consumers and collecting payments for services provided.

However, many distribution companies continue to face significant operational and financial challenges.

High technical losses, electricity theft, billing inefficiencies, and weak recovery rates have historically reduced their ability to collect sufficient revenue.

When revenues fall short of required levels, financial gaps emerge throughout the power supply chain.

Despite ongoing reform efforts, distribution companies continue to represent one of the weakest links in the sector.

Addressing these challenges remains essential for achieving long-term financial sustainability.

Impact of Distribution Losses

Distribution losses remain a significant source of financial pressure within the electricity sector.

These losses occur when electricity generated by power plants fails to reach paying customers due to technical inefficiencies, outdated infrastructure, unauthorized connections, and theft.

Every unit of electricity lost during transmission and distribution represents a financial cost that must ultimately be absorbed somewhere within the system.

Reducing these losses has been a longstanding objective of energy sector reforms.

However, progress has often been slower than expected due to infrastructure limitations, enforcement challenges, and operational constraints.

The continued contribution of distribution losses to circular debt growth demonstrates the need for further investment in grid modernization, monitoring systems, and operational improvements.

Revenue Recovery Challenges Persist

In addition to distribution losses, revenue recovery remains a major concern.

Electricity distributors often struggle to collect full payment from all customer categories.

Late payments, unpaid bills, disputed charges, and weak enforcement mechanisms contribute to revenue shortfalls.

When distribution companies fail to recover billed amounts, they lack sufficient funds to pay power producers and other sector participants.

The resulting financial gaps feed directly into circular debt accumulation.

Although recovery performance has improved in certain areas compared with previous years, significant challenges remain.

Improving collection efficiency remains one of the most effective strategies for reducing circular debt and strengthening sector finances.

Independent Power Producers and Improved Liquidity

While circular debt growth has accelerated, the sector has also experienced positive developments in certain areas.

Payments made to power producers have increased significantly during the current fiscal year, reflecting improved liquidity conditions within parts of the electricity supply chain.

Timely payments are critical for maintaining operational stability and ensuring uninterrupted power generation.

When power producers receive payments on schedule, they are better positioned to meet obligations related to fuel procurement, maintenance, financing, and operational expenses.

Improved payment flows therefore contribute to greater stability across the sector.

The increase in payments to power producers suggests that authorities have made progress in managing immediate liquidity challenges despite the continued growth in circular debt.

Government’s Circular Debt Management Strategy

The government has implemented a range of measures aimed at controlling and reducing circular debt.

These initiatives form part of a broader strategy designed to improve sector finances, reduce borrowing costs, and strengthen operational performance.

One of the key components of this strategy involves refinancing existing liabilities through more cost-effective financing arrangements.

By restructuring debt and securing financing at lower rates, authorities hope to reduce the financial burden associated with servicing accumulated liabilities.

Debt management initiatives are intended to create fiscal space while supporting broader reform efforts.

Although refinancing alone cannot eliminate structural challenges, it can provide temporary relief and improve financial flexibility.

Refinancing and Cost Reduction Efforts

The refinancing strategy introduced by the government represents an important element of recent reform efforts.

The objective is to replace expensive liabilities with financing arrangements carrying lower borrowing costs.

Reducing financing expenses can generate significant savings over time and improve the overall financial position of the sector.

Lower financing costs also help reduce pressure on electricity tariffs and government resources.

The implementation of refinancing arrangements demonstrates a proactive approach toward managing inherited liabilities while creating a more sustainable financial framework.

However, experts emphasize that refinancing should be viewed as a complementary measure rather than a complete solution.

Long-term success ultimately depends on addressing the underlying causes of debt accumulation.

Progress in Reducing Overall Debt Stock

Despite the sharp increase recorded during the current fiscal year, there is evidence of progress in reducing the overall stock of circular debt.

Compared with levels recorded a year earlier, the total debt burden has declined substantially.

This reduction reflects the combined impact of debt management initiatives, financing reforms, improved recoveries, and policy interventions.

The decline demonstrates that targeted measures can produce meaningful results when implemented effectively.

However, the recent increase in debt accumulation highlights the importance of maintaining momentum and ensuring that gains achieved through debt reduction are not reversed by ongoing operational weaknesses.

Sustained progress requires both financial management and structural reform.

Why Circular Debt Matters for the Economy

Circular debt affects far more than just the electricity sector.

The issue has broad implications for economic growth, public finances, investment, and consumer welfare.

When power companies face financial difficulties, their ability to invest in infrastructure improvements and service quality may be compromised.

Persistent debt accumulation can also increase borrowing requirements and place additional pressure on government finances.

Investors often view high levels of circular debt as a sign of structural weaknesses within the energy sector, potentially affecting investment decisions.

Furthermore, efforts to manage debt may influence electricity tariffs and energy pricing policies.

As a result, circular debt remains a critical issue with implications across the broader economy.

Need for Structural Reforms

Experts widely agree that sustainable solutions require structural reforms rather than temporary financial fixes.

Improving governance, strengthening accountability, reducing losses, enhancing recoveries, modernizing infrastructure, and improving operational efficiency are all essential components of long-term reform.

Technological upgrades can play a significant role in reducing losses and improving monitoring capabilities.

Smart metering systems, digital billing platforms, automated monitoring tools, and advanced grid management technologies offer opportunities to strengthen performance.

At the same time, regulatory improvements and stronger enforcement mechanisms are necessary to address theft and non-payment.

Comprehensive reforms must target both operational and financial challenges simultaneously.

Future Outlook for the Power Sector

The outlook for Pakistan’s power sector will depend largely on the effectiveness of ongoing reform efforts.

While recent progress in reducing the overall debt stock is encouraging, the sharp increase in debt accumulation during FY2025-26 demonstrates that significant challenges remain.

Policymakers face the difficult task of balancing affordability, financial sustainability, infrastructure development, and service quality.

Achieving lasting success will require consistent implementation of reforms, strong institutional coordination, and continued investment in sector modernization.

The growing adoption of digital technologies, improved financial management practices, and enhanced operational oversight may help create a more resilient electricity sector in the years ahead.

Balancing Progress and Persistent Challenges

The latest circular debt figures present a mixed picture for Pakistan’s energy sector.

On one hand, the overall stock of circular debt remains substantially lower than the level recorded a year earlier, reflecting progress in debt management and financial restructuring efforts.

On the other hand, the sharp increase in debt accumulation during the current fiscal year highlights the persistence of underlying structural problems.

Distribution losses, recovery shortfalls, operational inefficiencies, and financial constraints continue to create pressure throughout the electricity supply chain.

The experience of FY2025-26 demonstrates that while financial engineering and refinancing can provide important relief, sustainable solutions require deeper structural reforms.

The future stability of Pakistan’s power sector will depend on the ability of policymakers, regulators, and industry stakeholders to address these longstanding challenges while building a more efficient, financially sustainable, and reliable electricity system.

As the country continues pursuing energy sector reforms, controlling circular debt will remain one of the most important priorities for ensuring long-term economic growth and energy security.

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Techno Mobile Phone Announces Disassociation from priceoye.pk

Islamabad, Zubair Kasuri – Techno Mobile Phone, a renowned Chinese mobile phone company, has issued a statement announcing its disassociation from priceoye.pk, a Pakistani e-commerce platform. The company has clarified that priceoye.pk is not an official partner of Techno Mobile Phone and any mobile phones purchased through the application will not be eligible for warranty.

The statement further warns that any mobile phone dealer or distributor found selling Techno Mobile Phones through priceoye.pk will have their dealership canceled. The company has urged customers to purchase its products from authorized dealers and distributors to ensure warranty and after-sales support.

This move by Techno Mobile Phone is seen as a significant blow to priceoye.pk, which has been facing criticism for its business practices. The e-commerce platform has been accused of violating the policies of several mobile phone companies, including Techno Mobile Phone.”

vivo V23 5G Launched in Pakistan — Featuring Amazing Portrait Selfie, Distinctive Design and Effortless High Speed 5G Performance

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The V23 5G is crafted for self-expression with an industry-leading front camera for amazing portraits, super wide-angle selfies and an elegant color-changing exterior with 5G dual mode

Today, vivo launched a trailblazing smartphone, V23 5G, with exceptional photography features for eye-popping portraits and selfies all packaged with a trend-setting design and high-performance 5G experience.

vivo has been closely associating with various KOLs and brand ambassadors to further the value of the V series in Pakistan. For V23 5G, vivo has partnered with renowned cricketer and world’s no. 1 batsman Babar Azam as the brand ambassador.

The V23 5G’s advanced 50MP AF Portrait Selfie and 8MP Super Wide-Angle Camera set new standards in camera performance and design elegance. The exterior features a natural yet standout look and feel. The innovative exterior combines vivo’s Metal Flat Frame design with a unique body surface using Color Changing Fluorite AG Design technology for an exceptionally soft feel and a special color-changing exterior that changes color under direct sunlight.

Demanding consumers, style-conscious trend setters and high-performance photographers will find the V23 5G providing an ideal combination of design elegance, premium photography features and 5G performance for gaming as well as mission-critical and resource intensive apps.

“At vivo, we strive to create the ultimate mobile experience combining innovation, cutting-edge capabilities and style for people who seek daring new ways to express their individuality. The V23 5G delivers exceptional camera capabilities in various aspects for stunning quality selfies and portrait shots, while wrapped in a lightweight, elegant design that is fashionable yet diverse in appeal with its unique color-changing surface,” said Muhammad Zohair Chohan, Director Band Strategy at vivo.

Elevating Selfies, Portraits and Wide-Angle Shots

The combination of the 50MP AF Portrait Selfie and 8MP Super Wide-Angle Camera  in the front, delivers a range of new features to meet the needs of individuals who demand both style and functionality.

Consumers can now capture hyper-clear portraits with an all-new 50MP AF Portrait Selfie with a customized JNV sensor and Eye Autofocus. Amazing night portraits with the Dual-Tone Spotlight and front camera’s AI Extreme Night Portrait mode allow for better shots in dark lighting. Stylized portraits are also maximized with the new Party Portrait feature to capture captivating party scenes and the Multi-Style Portrait feature for more fun ways to capture special moments.

The V23 5G can capture super wide views, even on the front camera, thus solving the pain point of not being able to include everyone in a group selfie photo. The new Natural Portrait feature meets a diverse range of selfie needs with its optional beautification features. 

Moreover, the AI algorithms enhance face details, as well as dual-tone spotlight elements. The low-light night portraits are taken to the next level in vivo V23 5G via the 8MP Super Wide-Angle Night Selfie mode that perfectly captures those atmospheric night-time party moments.

4K Selfie Videos and Night Mode Features

The V23 5G also features 4K Selfie Video enabling users to shoot videos with highest definition. Support for 4K selfie videos means users can now also record videos more easily and enjoy greater flexibility when editing. 

The triple rear camera module consisting of a 64MP GW1 Super-Sensing Camera, an 8MP Wide-Angle camera and a 2MP Macro Camera supports Super Night Mode to deliver unmatched performance in the dark. 

Super clear picture quality is further enhanced with the Bokeh Flare Portrait feature for both front and rear cameras. In addition, the dual camera bokeh effect for the V23 5G’s front camera allows users to achieve the highly-desired professional ‘background blur’ in still images — a prized feature that eludes most single camera technology in the industry today.

Ideal for style gurus 

The V23 5G is designed to deliver a unique look and feel with diverse appeal to suit multiple styles, all within a 7.39mm ultra-slim body and one-piece Metal Flat Frame that creates the perfect fit in the hand. 

The design is complemented by Fluorite AG Glass to provide a super fine and textured feel that is soft to touch yet resistant to fingerprints. The sleek look is enhanced by the color-changing surface, Color Changing Fluorite AG Design, to reflect diverse and expressive individuals in appearance and mood, from warm comforting hues to cool, sharp tones.

Smooth user experience

vivo V23 5G features new hardware upgrades to deliver industry-leading performance across all usage scenarios. The smartphone delivers flagship level performance via the MediaTek Dimensity 920 processor, allowing vivo to continue its track record of delivering a premium experience, fast app startup and installation speeds, plus dual-mode 5G standby.

Gamers can enjoy super smooth performance with a 90Hz refresh rate display, Extended RAM 2.0, a Liquid Cooling System and Ultra Game Mode for optimal gameplay. The new V23 5G also features a 44W FlashCharge capability that can power up the super-slim 4200mAh battery quickly and efficiently.

Price and Availability

The all new vivo V23 5G is currently available for pre-booking across Pakistan in 12GB RAM + 256GB ROM edition with the price tag of Rs. 89,999 and will be available for sale from February 22, 2022. 

vivo offers a one-year warranty for V23 5G along with 15 days free replacement and 6 months warranty for accessories. vivo V23 5G is duly approved by Pakistan Telecommunications Authority and supports all mobile networks in Pakistan. Zong customers can also get 12GB Free Mobile Internet by using their 4G SIM card in Slot 1 (2GB Internet / month for 6 months). 

For more details, visit the official product page: https://www.vivo.com/pk/products/v235g   

PSX IPOs Deliver Strong Returns as New Listings Surge

Pakistan Stock Exchange (PSX) has witnessed a remarkable rise in new company listings, highlighting growing investor confidence and increasing activity in the country’s capital markets. According to recent market data, 13 new companies have been listed on the exchange during the latest period, with most of these firms delivering strong returns to investors shortly after their public offerings.

The performance of these newly listed companies has attracted significant attention from both retail and institutional investors. Data released by the PSX shows that the average post-listing return of these companies stands at approximately 47 percent, indicating that investors who participated in these Initial Public Offerings (IPOs) generally earned healthy profits.

One of the most notable aspects of the recent listings has been the impressive growth in share prices after trading began. Some companies recorded gains of as much as 179.5 percent, while many others generated double-digit returns within a relatively short period. These strong performances have helped boost investor interest in the stock market and encouraged more businesses to consider raising funds through public listings.

The recent wave of IPOs reflects a positive trend for Pakistan’s financial markets. New companies from various sectors have entered the exchange, increasing diversity and creating more investment opportunities for market participants. The newly listed firms represent industries such as information technology, financial services, agriculture, real estate, manufacturing, and other growing sectors of the economy.

Market experts believe that the strong performance of recent IPOs demonstrates increasing confidence in Pakistan’s corporate sector. Investors are showing greater willingness to invest in companies with strong growth potential, particularly in sectors that are expected to benefit from ongoing economic and technological developments.

Initial Public Offerings play a crucial role in the growth of financial markets. Through an IPO, a private company offers its shares to the public for the first time, allowing investors to become shareholders while helping the company raise capital for expansion, new projects, technological upgrades, and business development.

For companies, listing on the stock exchange provides access to a wider pool of capital that may not be available through traditional bank financing. Public listings also improve transparency, corporate governance, and market visibility, which can help companies attract future investment.

For investors, IPOs provide an opportunity to invest in businesses during their early stages of public market growth. If the company performs well after listing, investors can benefit from capital appreciation and future dividends.

The strong performance of recent IPOs has also contributed to higher trading activity at the Pakistan Stock Exchange. Increased participation by investors has improved market liquidity and strengthened overall market sentiment. Analysts believe that successful listings encourage other private companies to explore public offerings as a means of financing their growth plans.

The Pakistan Stock Exchange has been working to attract more companies to the market through various reforms and awareness initiatives. Regulatory authorities have also introduced measures to simplify the listing process and make it easier for businesses to raise capital through the stock market.

Recent efforts by the Securities and Exchange Commission of Pakistan (SECP) to streamline IPO procedures have further supported this trend. Easier access to public financing is expected to encourage more medium-sized and large companies to enter the market in the coming years.

The participation of companies from diverse industries is another positive sign. Technology firms, in particular, have emerged as an important segment of new listings, reflecting the rapid growth of Pakistan’s digital economy. Similarly, companies from agriculture and financial services sectors are also attracting investor interest due to their growth prospects.

Despite the encouraging performance, market experts caution that not all IPOs guarantee profits. Investors are advised to carefully evaluate a company’s financial position, business model, growth strategy, and industry outlook before making investment decisions. While many recent IPOs have generated strong returns, stock market investments always carry risks.

Analysts believe the success of these listings could create momentum for future IPO activity. As more companies observe the positive outcomes achieved by recently listed firms, additional businesses may decide to enter the stock market to fund expansion plans and strengthen their financial position.

The strong performance of newly listed companies is also seen as a positive indicator for Pakistan’s broader investment environment. Healthy capital markets play a vital role in economic development by connecting investors with businesses that need funding for growth and innovation.

Looking ahead, experts expect the IPO market to remain active if investor confidence continues to improve and economic conditions remain stable. Continued regulatory support, improved market transparency, and successful listings could help attract both domestic and foreign investors to Pakistan’s stock market.

Overall, the listing of 13 new companies and the impressive average return of approximately 47 percent demonstrate growing strength within Pakistan’s capital markets. The recent success of IPOs has not only rewarded investors but has also highlighted the stock market’s role as an important platform for business growth, investment opportunities, and economic development.

Cricket World Cup 2019 becomes MORE Exciting with Telenor 4G

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    Pakistanis’ passion for cricket is matchless and with the 2019 Cricket World Cup starting today, the excitement levels are about to go over the moon. Not wanting to miss out on any action, this cricket craze needs the fuel of a strong data connection that can withstand the demands of Pakistani cricket enthusiasts for the next six weeks.

    Telenor Pakistan is all set to make the intense cricket season a lot MORE exciting with the limited time special World Cup promo, where subscribers of Telenor Weekly Ultra Offer will get an extra 6GB data absolutely free on top of their original 6GB package during this World Cup season. Now that’s what you call ‘Chakkay Pe Chakka’!

     

    The Cricket World Cup is the most sought after sporting event in Pakistan that brings a colorful mix of emotions and festivity. Screenings and watch parties become the norm as people are glued to their screens, subscribed to SMS alerts and hooked to the internet for any and every update. Cricket is something that brings our nation together and to give them extra value, which is also a testament to Telenor Pakistan’s commitment to the promise of ‘Jo Har Pakistani Chahay’, the subscribers are getting double added value on Weekly Ultra Offer this World Cup season.

     

    Let’s gear up for a thrilling Cricket World Cup 2019 (#CWC19) and never miss a moment with Telenor 4G speed’s limited time offer on Weekly Ultra package. The offer is live now and to activate it, please visit: www.telenor.com.pk.