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Xiaomi 12 Series Redefines Flagship Category

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Xiaomi 12 Series Redefines Flagship Category

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

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

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

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.

Govt to Bring New Telecom Bill After Withdrawing Controversial Draft

Usman Yaqoob
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Govt to Bring New Telecom Bill After Withdrawing Controversial Draft

The federal government has decided to withdraw the controversial Pakistan Telecommunication (Re-organization) (Amendment) Bill, 2026, and introduce a new version of the proposed law.

The decision was taken after strong concerns were raised over several parts of the draft, especially the provisions related to the right of way for telecom companies. The proposed law had faced criticism from lawmakers, legal experts, property owners, digital rights groups and other sections of society.

The government now says it wants to bring a fresh bill that will help speed up the expansion of telecom infrastructure while also addressing concerns about private property rights.

The original bill had been introduced to update Pakistan’s telecom laws and make it easier for telecom companies to install and expand their infrastructure. However, some of its provisions created serious controversy, particularly those dealing with access to public and private land.

The bill was approved by the National Assembly on June 11, 2026, and was later sent to the Senate. However, when the draft came under discussion in the upper house, many objections were raised regarding its controversial clauses.

On Friday, the government formally withdrew the proposed legislation from the Senate. The move was made through a motion presented by Minister of State for Interior Tallal Chaudhry on behalf of Minister for Information Technology and Telecommunication Shaza Fatima Khawaja.

The government has said that a fresh telecom bill will now be introduced so that the legislative process can continue without unnecessary delay.

Why the Government Withdrew the Bill

One major reason behind the withdrawal was the approaching end of the constitutional time period available for the Senate to pass the bill.

According to the Ministry of Information Technology and Telecommunication, the proposed legislation was close to completing its 90-day period in the Senate. If the period expired, the bill could have moved towards a joint sitting of Parliament.

However, the government believed that such a process could lead to further delays, as a joint sitting might not be held in the near future.

For this reason, the ministry decided to withdraw the existing bill and prepare a fresh version. The government believes that this will allow the new legislation to move forward through a clearer and more effective process.

The Ministry of IT has said that the main purpose of the proposed legislation will remain the same. The government wants to improve and speed up the development of telecom infrastructure across Pakistan.

However, the new draft is expected to address the concerns that were raised about the earlier version.

The aim is to make the legal process easier for the telecom sector without creating unnecessary problems for citizens, property owners or other stakeholders.

Main Purpose of the Proposed Law

Pakistan’s telecom sector needs a large amount of infrastructure to provide mobile and internet services to the public.

This infrastructure includes mobile towers, fibre-optic cables, equipment, network systems and other facilities. Telecom companies often need permission to install this infrastructure on or through public and private property.

One of the biggest problems faced by telecom companies is the delay in getting permission for such work. Different government departments, local authorities and private property owners may have different procedures and conditions.

This can make the process slow and complicated.

The government had proposed changes to the Pakistan Telecommunication (Re-organization) Act, 1996, to deal with these problems.

According to the government, Pakistan needs a stronger and more modern legal framework to support new technologies and future telecom services.

The existing telecom laws were introduced many years ago, while technology has changed rapidly since then.

Today, Pakistan is preparing for modern services, including 5G technology, faster mobile internet and wider fibre-optic connectivity.

For these services to expand successfully, telecom companies need to install more infrastructure across cities, towns and rural areas.

The government believed that the new law could help create a faster and more coordinated system for telecom infrastructure development.

However, the way some of the proposed powers were written in the draft led to major concerns.

Controversial Provisions Created Public Concern

The biggest criticism of the withdrawn bill was related to the access that telecom licensees could receive to public and private property.

Under the original draft, telecom companies could seek access to install infrastructure. Certain provisions suggested that if a public authority did not respond to a request within a specified period, the required approval could be treated as granted.

The draft also included provisions related to access to private property.

Critics argued that these clauses were too broad and could affect the rights of property owners. Lawyers and other groups said that telecom companies should not be given the power to enter or use private land without clear permission from the owners.

There were also concerns that some provisions could allow access to housing societies, commercial developments and other shared or private properties.

The proposed law included penalties of up to Rs. 50 million in some cases for parties accused of obstructing access.

These clauses caused strong public and political reaction.

Many people believed that the proposed rules could give telecom companies too much power and reduce the control of citizens over their own property.

Legal experts and rights groups also expressed concern that the provisions could conflict with the constitutional protection of private property.

Article 23 of the Constitution protects the right of citizens to acquire, hold and dispose of property according to the law.

Because of these concerns, critics argued that the telecom bill needed major changes before becoming law.

Lawmakers and Rights Groups Raised Objections

The proposed legislation faced opposition from different sides.

Lawmakers from both the government and opposition benches raised questions about the controversial provisions.

Some members of Parliament were concerned about whether the law had created a proper balance between the need for telecom development and the rights of property owners.

The Pakistan Peoples Party also refused to support the bill in its existing form in the Senate.

Legal groups and digital rights organisations also raised concerns.

The Islamabad Bar Association and other critics warned that unclear or broad legal powers could potentially create problems for private property owners.

Some people described the proposed clauses as too strict and feared that they could be misused.

The strong reaction showed that while there was general support for improving Pakistan’s telecom infrastructure, many stakeholders wanted the law to clearly protect private property rights.

The government was therefore placed under pressure to review the draft.

Prime Minister Took Notice of the Issue

Following public criticism and media reports, Prime Minister Shehbaz Sharif took notice of the matter.

A committee was formed to examine the proposed legislation and review the concerns raised about it.

The committee was headed by Minister for Law and Justice Azam Nazeer Tarar.

The purpose of the review was to carefully examine whether the proposed law had any provisions that could negatively affect property rights or create legal confusion.

Information Technology Minister Shaza Fatima Khawaja had also clarified that the proposed law was not meant to allow anyone to occupy private land.

The government maintained that the main purpose of the bill was to solve long-standing problems related to telecom infrastructure and right-of-way access.

However, the controversy showed that the wording of the legislation needed more clarity.

As a result, the government has now decided to start with a fresh draft instead of continuing with the controversial version.

Right of Way Remains a Major Issue

Right of way, often called RoW, is one of the most important issues for Pakistan’s telecom sector.

It refers to the legal permission required for telecom companies and other service providers to use land or property for installing infrastructure.

For example, a company may need permission to lay fibre-optic cables along a road, install equipment in a building or place network infrastructure in a specific location.

Without proper access, it can be difficult to expand telecom services.

Telecom companies have often complained about delays, different charges and complicated approval processes.

In some cases, several authorities may be involved before a company can complete a project.

This can slow down the expansion of internet and mobile services.

The government wants to create a more organised and clear system for such approvals.

However, the controversy around the withdrawn bill has shown that a faster approval process must not come at the cost of private property rights.

The new legislation will need to find a balance between these two important issues.

New Bill Expected to Address Concerns

The government is now expected to introduce a new telecom bill with changes to the controversial provisions.

The new draft is likely to retain the broader objective of improving right-of-way procedures and speeding up telecom infrastructure development.

However, the government is expected to make the rules regarding private property clearer.

According to reports, the fresh legislation may ensure that prior consent is required before telecom infrastructure is installed on private property.

This could address one of the biggest concerns raised about the earlier draft.

The government will also likely try to create a smoother process for public infrastructure projects.

The challenge will be to make sure that telecom companies can expand networks without facing unnecessary delays while also protecting the legal rights of citizens.

A carefully written law could help Pakistan improve its telecom infrastructure and prepare for future technology.

Important for Pakistan’s Digital Future

The telecom sector plays an important role in Pakistan’s economy and digital growth.

Mobile and internet services are now essential for communication, education, business, banking, online work and many other daily activities.

As more people use smartphones and digital services, the demand for stronger and faster telecom networks is increasing.

Pakistan also wants to expand broadband coverage and improve internet access in underserved areas.

Modern telecom infrastructure will be important for the future rollout of advanced technologies such as 5G.

However, the development of this infrastructure requires proper laws and clear procedures.

The government needs to ensure that telecom companies can build networks efficiently.

At the same time, citizens must feel confident that their homes, land and other private property will remain protected.

The controversy over the withdrawn bill has made this balance even more important.

What Happens Next?

The withdrawal of the Pakistan Telecommunication (Re-organization) (Amendment) Bill, 2026, does not mean that the government has given up on telecom reforms.

Instead, the government has decided to bring a new version of the bill.

The new draft is expected to retain the main goal of improving telecom infrastructure development while removing or changing the clauses that created controversy.

The government will now have an opportunity to consult relevant stakeholders and prepare legislation that is clearer and more acceptable.

Telecom companies, government authorities, legal experts, property owners and lawmakers will all have an interest in how the new bill is written.

If the government successfully addresses the major concerns, the new law could help solve long-standing problems in the telecom sector.

It could also support faster internet expansion, stronger mobile networks and future digital development.

However, the experience with the withdrawn bill shows that public consultation and clear legal wording are extremely important.

Any new law dealing with access to private or public property must clearly define the powers of telecom companies and the rights of citizens.

Conclusion

The federal government’s decision to withdraw the controversial telecom bill marks an important development for Pakistan’s telecom sector.

The earlier draft was introduced to modernise telecom laws and make it easier to expand important infrastructure. However, several of its provisions created serious concerns about private property rights and access to land.

The government has now decided to bring a fresh bill instead of continuing with the controversial version.

The new legislation is expected to focus on the same overall goal of improving telecom infrastructure and resolving right-of-way problems.

At the same time, the government will need to make sure that the new law properly protects the rights of property owners.

Pakistan needs better telecom infrastructure to support faster internet, modern mobile services and future technologies.

But this development must take place through a legal framework that is clear, fair and balanced.

The upcoming telecom bill will therefore be closely watched by the telecom industry, lawmakers, legal experts and the general public.

Its success will depend on whether the government can achieve the right balance between faster digital development and the protection of citizens’ legal rights.

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CDA Launches New Waste Management System After Recent Drainage Disaster

Usman Yaqoob
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CDA Launches New Waste Management System After Recent Drainage Disaster

The Capital Development Authority (CDA) has approved a new and more organised waste management system for the rural areas of Islamabad. The decision comes at a time when recent heavy rains and flooding in the Rawalpindi area have again raised concerns about poor drainage, garbage dumping and weak city management in the twin cities.

Under the new plan, the CDA will bring a proper solid waste collection and disposal system to 65 Union Councils located in Zones IV and V of Islamabad. The authority plans to collect and manage around 342 tonnes of waste every day through a modern system that will cover everything from household collection to transportation and final disposal.

The new initiative is being seen as an important step for Islamabad’s rural communities, where regular garbage collection has remained a major issue for many years. Unlike many developed sectors of the capital, several rural areas have not had a proper waste collection network. As a result, people have often been forced to throw household waste in open spaces, empty plots and drainage channels.

The CDA now wants to change this situation by introducing a system based on regular collection, better supervision and the use of modern technology.

New System to Cover 65 Rural Union Councils

One of the biggest parts of the new plan is its wide coverage. The waste management programme will cover 65 Union Councils in Zones IV and V. These areas form a major part of rural Islamabad and include communities that have long faced problems with sanitation and garbage collection.

According to the plan, each Union Council and collection area will have its own working arrangements. Teams, vehicles and workers will be assigned according to the needs of different locations. This means that waste collection will no longer depend only on general or irregular arrangements.

The CDA plans to create proper routes for collection vehicles so that garbage can be picked up on time and transported to designated disposal facilities. The system will also connect collection, transportation, transfer operations and final disposal in one chain.

The aim is to make the waste process more organised from the moment garbage leaves a home until it reaches its final destination.

More Than 1,600 Workers to Be Deployed

To operate the new system, the CDA plans to use 1,610 workers along with 103 types of machinery and equipment. These workers will be responsible for sanitation, garbage collection and other field activities across the covered areas.

The large workforce is expected to help the authority maintain regular services in areas where waste collection has previously been limited or unavailable.

The use of different types of machinery is also important because rural Islamabad has both open and densely populated areas. Some streets are wide enough for regular collection vehicles, while others are narrow and difficult to access.

For such locations, the CDA plans to use smaller vehicles and hand carts. Mini tippers will be used in areas where large garbage trucks cannot easily move, while hand carts will help workers collect waste from narrow streets and difficult locations.

This approach could make the system more useful for communities that have not been properly served by traditional garbage collection methods.

Door-to-Door Garbage Collection Planned

Another major feature of the project is door-to-door waste collection. The service is planned for areas including Bani Gala, Ghouri Town and Lehtrar.

Under this approach, residents will not have to take their household garbage to distant dumping points. Instead, collection teams will visit homes according to planned routes and schedules.

Door-to-door collection can also reduce the amount of waste thrown into open areas. When residents have an easy and regular way to dispose of their household garbage, there is less reason to use roadsides, empty land or drainage channels as dumping places.

The CDA intends to expand the organised approach across the selected rural Union Councils so that waste collection becomes a normal municipal service rather than an occasional activity.

Technology Will Monitor Garbage Collection

The new system will not only depend on workers and vehicles. The CDA also plans to use technology to monitor daily field operations.

GPS tracking will be used to keep an eye on garbage collection and transportation routes. This will help officials know whether vehicles are following their assigned routes and whether collection work is being carried out properly.

Route planning will also be improved according to local requirements. Instead of using the same type of route plan everywhere, the CDA will prepare routes based on the size of communities, road conditions and waste needs.

The authority will also establish a central command and control system. This centre will help officials monitor field operations and respond to problems.

Daily performance reports will be prepared to check whether teams are completing their assigned work. Digital attendance and facial monitoring will also be used to improve staff supervision.

The CDA further plans to connect the system with the Safe City system. This combination of technology is expected to give authorities better information about field activities and help them deal with complaints more quickly.

Why Better Waste Management Is Important

Garbage collection is not only a cleanliness issue. Poor waste management can create problems for roads, drains, public spaces and the wider environment.

When plastic bags, household waste and other rubbish are thrown into drainage channels, the waste can block the flow of rainwater. During heavy rainfall, blocked drains and channels can make flooding worse.

This issue has become particularly important after the recent monsoon flooding in Rawalpindi. Heavy rain led to serious urban flooding, damaged infrastructure and caused loss of lives. The situation once again showed how important proper drainage and waste management are for cities in the region.

Although flooding has many causes, unmanaged waste can add to the problem when garbage enters drains and water channels. For this reason, improving garbage collection can also support wider efforts to keep drainage systems working properly.

The latest CDA initiative is therefore not simply about making rural Islamabad look cleaner. It is also connected to better urban management, improved sanitation and protection of the environment.

Turkish Company to Assist the CDA

The new waste management system will be implemented with assistance from a Turkish waste management company. The involvement of an international company is expected to bring additional experience and technical support to the project.

The CDA has been working for some time to improve garbage collection services in Islamabad through outsourcing and modern waste management methods. Earlier developments in the procurement process also involved Turkish waste management interests.

The wider cleanliness project covers both urban and rural parts of Islamabad, while the latest approval specifically moves the rural contract forward. Recent reporting indicates that the rural contract is expected to run for four years.

Rural Islamabad to Get More Attention

For years, Islamabad has been known for its green areas, wide roads and planned sectors. However, the same level of cleanliness and municipal services has not always been available in the capital’s rural communities.

Residents in rural areas have faced different problems related to garbage collection and sanitation. Some communities have had no regular system for collecting household waste, leaving people with few practical options.

The CDA’s new plan aims to bring these communities into a formal waste management network.

CDA Chairman Sohail Ashraf has stressed that cleanliness should not be limited to the developed sectors of Islamabad. According to the authority, rural areas are also an important part of the federal capital and should receive proper municipal services.

The idea is to make cleanliness a citywide responsibility rather than focusing only on the better-developed parts of Islamabad.

Better Monitoring Could Improve Service Quality

One of the common problems with public cleaning services is a lack of regular monitoring. Vehicles may not follow schedules, workers may be difficult to track, and complaints can sometimes take too long to resolve.

The CDA is trying to address these issues by using digital systems throughout the new project.

With GPS tracking, officials can monitor vehicle movements. Digital attendance can help confirm whether workers are present. Facial monitoring can provide another layer of staff supervision, while daily reports can show whether teams have completed their work.

The command and control centre will bring these activities together so that officers can monitor operations from one place.

This could also make it easier to identify areas where service is weak and take action before the problem becomes bigger.

Waste Collection From Homes, Shops and Institutions

The planned system will not be limited to household garbage. Waste from commercial locations and institutions will also be collected through defined routes.

Once collected, the waste will be transported using planned and GPS-monitored routes to designated facilities. The CDA also intends to monitor how waste moves through transfer and disposal stages.

Such a system can help reduce unnecessary delays and improve accountability. It also creates a clearer record of how much waste is collected, where it is transported and how the disposal process is handled.

The target of managing around 342 tonnes of waste every day shows the scale of the operation. With such a large amount of garbage involved, proper planning will be necessary to keep the system running smoothly.

A Long-Term Change for Islamabad

The new waste management programme could become an important part of Islamabad’s effort to improve civic services. The city continues to grow, and rural communities are also expanding as more people move to areas outside the traditional developed sectors.

With a growing population comes more household and commercial waste. Without a proper collection system, this waste can quickly become a public problem.

The CDA’s decision is therefore aimed at creating a system that can handle present needs while also providing a stronger base for the future.

The authority’s wider work on water, sewage and drainage planning also shows that sanitation and drainage are becoming bigger parts of Islamabad’s long-term development plans. In May 2026, the CDA said it was working with the Japan International Cooperation Agency (JICA) on a comprehensive master plan covering water supply, sewage and drainage systems for the capital.

What Residents Can Expect

For people living in the affected rural areas, the biggest expected change is more regular and organised garbage collection.

Instead of depending on informal disposal methods, residents will have access to collection services planned around local routes. Smaller vehicles and hand carts should make it easier for teams to reach narrow streets, while larger vehicles can manage waste on wider roads.

The use of technology should also give residents a better chance of seeing their complaints addressed.

However, the success of the programme will ultimately depend on how well it is implemented. Providing workers and machinery is only one part of the job. Regular collection, proper vehicle maintenance, effective supervision and responsible disposal will all be needed.

Residents will also have an important role. A waste management system works best when people put garbage out according to collection schedules and avoid throwing rubbish into drains, streets and open spaces.

CDA’s New Approach Comes at an Important Time

The approval of the new waste management system comes after a difficult monsoon period that has once again highlighted weaknesses in drainage and urban management in the Islamabad-Rawalpindi region.

For Islamabad, the challenge is not only to clean existing garbage but also to prevent waste from entering the drainage system in the first place.

The new programme covering 65 rural Union Councils is a significant move in that direction. With more than 1,600 workers, over 100 types of machinery, door-to-door collection, GPS tracking and central monitoring, the CDA is aiming for a service that is more organised than previous arrangements.

The authority says the goal is to make sure that no part of Islamabad is ignored when it comes to cleanliness and environmental care.

If implemented properly, the new system could bring a noticeable improvement to rural Islamabad. Cleaner streets, fewer open dumping points and better waste collection could improve daily life for residents while also supporting broader efforts to protect the city from sanitation and drainage problems.

For now, the focus will be on putting the plan into action and making sure the promised services reach the communities that have needed them for years.

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DG Khan Cement Records Highest-Ever Annual Profit of Rs. 11.4 Billion

Usman Yaqoob
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DG Khan Cement Records Highest-Ever Annual Profit of Rs. 11.4 Billion

DG Khan Cement Company Limited has reported its highest-ever annual profit, marking a major achievement for one of Pakistan’s leading cement companies. The company earned around Rs. 11.4 billion in profit during the financial year 2026, showing a strong improvement in its overall business performance compared with the previous year.

The strong annual result was mainly supported by better cement sales in Pakistan, improved prices, and a major reduction in financing costs. These factors helped DG Khan Cement increase its earnings and reach a new record level of profitability.

The company’s latest performance has also attracted the attention of investors and market experts, especially because the cement sector has faced many challenges in recent years. Higher energy costs, rising interest rates, expensive raw materials, and changes in construction activity have created pressure for many cement companies. However, DG Khan Cement managed to improve its financial position despite these challenges.

The record profit shows that the company benefited from stronger local demand, better pricing, and lower financial expenses during FY26.

Highest Annual Profit in Company History

The Rs. 11.4 billion annual profit is the highest profit reported by DG Khan Cement so far. The result represents an important milestone for the company and highlights a strong improvement in its business operations.

According to the reported financial performance, the company’s profitability increased significantly during FY26. The rise in profit came as cement sales improved and the company was able to retain better prices in the local market.

The company also received a major benefit from lower financing costs. In Pakistan, high interest rates can create serious pressure on companies that have borrowed money from banks or other financial institutions. When financing costs are high, a large portion of a company’s income can be used to pay interest and other financial charges.

For DG Khan Cement, the sharp decline in these expenses helped increase the amount of money left as profit after other costs were paid.

The company’s performance suggests that several positive factors worked together during the year. Higher sales helped increase revenue, improved prices supported profit margins, and lower financial costs gave an additional boost to the company’s bottom line.

Earnings Per Share Also Show Strong Growth

DG Khan Cement’s earnings per share, commonly known as EPS, also showed a strong increase during the financial year.

The company’s EPS reportedly rose by around 32 percent year-on-year to Rs. 26.08 in FY26, compared with Rs. 19.80 in FY25.

EPS is an important number for shareholders and investors because it shows how much profit a company earns for each share. When earnings per share increase, it generally means that the company has improved its profitability.

The rise in EPS reflects the overall improvement in DG Khan Cement’s financial performance. It also shows that the company was able to generate higher earnings for its shareholders during the year.

For investors watching the Pakistan Stock Exchange, strong growth in EPS is often seen as a positive sign. However, investment decisions depend on many factors, including future profits, company debt, market conditions, industry performance, and the overall economic situation.

Still, the latest results clearly show that FY26 was a strong year for DG Khan Cement.

Better Local Cement Sales Support Growth

One of the main reasons behind the company’s improved performance was stronger cement sales in the local market.

Local cement dispatches increased by around 4 percent during FY26. This increase may appear limited, but in a large and competitive industry like cement, even a moderate rise in sales can have a positive impact on revenue and profits.

Higher local dispatches meant that DG Khan Cement was able to sell more cement within Pakistan. Stronger sales helped the company improve its revenue and make better use of its production capacity.

The cement industry is closely linked with construction activity. Demand for cement usually depends on several areas, including housing projects, commercial buildings, roads, infrastructure schemes, and government development projects.

When construction activity improves, cement demand can also rise. On the other hand, slower construction activity can reduce sales and create pressure on cement manufacturers.

DG Khan Cement’s stronger local sales during FY26 therefore played an important role in helping the company achieve its record annual profit.

The increase also shows that the company was able to maintain its position in the domestic market despite competition from other major cement manufacturers in Pakistan.

Improved Cement Prices Help Profit Margins

Another important factor behind the record profit was the improvement in retention prices.

Retention prices increased by around 8 percent compared with the previous year. This helped DG Khan Cement earn better revenue from its sales and improve its profit margins.

Retention price is the amount of money a cement company actually receives after taking different costs and adjustments into account. When this price improves, a company can earn more from each unit of cement sold.

For cement manufacturers, better pricing is very important because production costs can be high. Companies have to deal with expenses related to coal, electricity, fuel, transportation, labour, maintenance, and other operational needs.

If costs rise but selling prices do not increase enough, profit margins can come under pressure. However, if a company is able to maintain or improve its effective selling price, it can protect or increase its profitability.

DG Khan Cement benefited from an 8 percent improvement in retention prices, which supported both revenue growth and margins.

The combination of higher cement sales and better pricing created a strong base for the company’s improved financial results.

Major Decline in Financing Costs

Perhaps one of the biggest factors behind DG Khan Cement’s record annual profit was the sharp reduction in financing costs.

The company’s finance costs reportedly fell by around 67 percent during the year. This was a major improvement and gave strong support to the company’s final profit.

Financing costs mainly include interest and other charges paid on loans and borrowings. Companies that have high debt can face heavy financial expenses, especially when interest rates are high.

In recent years, financing costs have been a major concern for many businesses in Pakistan. High interest rates increased borrowing costs and created pressure on companies that relied heavily on loans.

For a large industrial company, even a small change in financing expenses can have a significant impact on annual profit. Therefore, a sharp decline in finance costs can improve profitability even if sales growth remains moderate.

DG Khan Cement’s lower financial expenses meant that more of its income could be retained as profit.

This reduction in financing costs, combined with improved sales and prices, played a key role in taking the company’s profit to a record level.

A Strong Year for DG Khan Cement

Overall, FY26 was a strong year for DG Khan Cement.

The company was able to improve its financial performance through a combination of positive factors. Local cement dispatches increased, retention prices improved, and financing costs declined sharply.

Each of these factors helped the company, but together they produced an even stronger result.

The increase in sales supported revenue growth. Better prices helped protect and improve profit margins. At the same time, lower financing costs reduced the financial burden on the company.

As a result, DG Khan Cement was able to post its highest-ever annual profit of around Rs. 11.4 billion.

The result is particularly important because Pakistan’s cement industry has faced difficult conditions over the past few years. Rising costs, high interest rates, economic uncertainty, and changes in construction demand have made it challenging for cement companies to maintain strong profits.

DG Khan Cement’s latest performance shows that better business conditions and improved financial management can make a major difference to profitability.

Cement Sector Continues to Face Challenges

Despite the strong result, the cement industry still operates in a challenging environment.

Cement companies in Pakistan remain affected by energy prices, fuel costs, interest rates, government policies, taxes, transportation expenses, and demand from the construction sector.

Coal is an important source of energy for cement production, and changes in international coal prices can directly affect manufacturing costs. Electricity and fuel expenses also remain important issues for the industry.

Transport costs are another major concern because cement is a heavy product and must be moved from factories to dealers, distributors, and construction sites.

In addition, competition among cement manufacturers can create pressure on prices. If demand is weak and companies compete aggressively for market share, profitability can suffer.

Therefore, while the latest annual results are positive for DG Khan Cement, the company will still need to manage its costs carefully and maintain healthy sales growth in the future.

Strong Results May Improve Investor Confidence

The record annual profit may also strengthen confidence among the company’s shareholders and investors.

Financial markets usually react positively when a company reports stronger profits, rising earnings per share, and improved financial expenses. Investors often look closely at these numbers to understand whether a company is becoming stronger or weaker.

DG Khan Cement’s results show that its profitability improved during FY26.

The rise in EPS to Rs. 26.08 also provides another positive point for shareholders. Higher earnings per share suggest that the company generated more profit for each share during the year.

However, investors will also continue to watch future results, the company’s debt position, cement demand, pricing trends, and the overall performance of Pakistan’s economy.

The future performance of the construction sector will also remain important because cement companies depend heavily on development and building activity.

What the Record Profit Means Going Forward

DG Khan Cement’s record profit is an encouraging sign, but maintaining strong growth in the future will depend on market conditions.

If local cement demand continues to improve and companies are able to maintain healthy prices, the sector could benefit. Lower interest rates and reduced financing costs could also support future profits.

However, the industry will still face risks from rising production costs and changes in demand.

For DG Khan Cement, the main challenge will be to continue building on the strong performance of FY26.

The company will need to maintain its sales, manage expenses, control its financial costs, and respond to changes in the market.

The strong FY26 result gives the company a solid position, but future success will depend on how well it manages changing economic and industry conditions.

Conclusion

DG Khan Cement’s highest-ever annual profit of Rs. 11.4 billion marks a major achievement for the company. The strong result was driven by improved local cement sales, better retention prices, and a sharp reduction in financing costs.

Local cement dispatches increased by around 4 percent, while retention prices improved by approximately 8 percent. At the same time, financing costs fell sharply, providing a major boost to the company’s profitability.

The company’s earnings per share also increased strongly to Rs. 26.08 in FY26 from Rs. 19.80 in FY25, showing solid growth in earnings.

Overall, the financial year 2026 was a record period for DG Khan Cement. The company managed to improve its performance despite the challenges facing Pakistan’s cement industry.

With stronger domestic sales, improved pricing, and lower financial expenses, DG Khan Cement reached a new level of profitability and delivered its best annual profit in the company’s history.

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Govt Gives Small Relief as Petrol and Diesel Prices See Minor Cut

Usman Yaqoob
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0
Govt Gives Small Relief as Petrol and Diesel Prices See Minor Cut

Pakistan’s federal government has given consumers a very small relief in fuel prices after reducing the rates of petrol and high-speed diesel (HSD). The latest change means that motorists will pay slightly less for fuel, although the reduction is so small that most people may not feel a major difference in their daily expenses.

According to the latest update issued under the country’s fuel pricing system, the price of petrol has been reduced by Rs. 0.50 per litre. After the reduction, petrol will be available at Rs. 342.60 per litre. The price of high-speed diesel has also been cut, but by only Rs. 0.19 per litre, bringing its rate down to Rs. 371.61 per litre.

The new rates reflect the government’s current daily fuel pricing system, which has been introduced to deal with frequent changes in international oil prices. Under this system, fuel prices can change more regularly instead of remaining fixed for a longer period.

Petrol Price Comes Down by 50 Paisa

The petrol price has been reduced by just 50 paisa per litre. While any reduction may sound positive for consumers, the cut is too small to provide much relief to people already struggling with high transport and household costs.

Following the latest adjustment, petrol now costs Rs. 342.60 per litre. Just a day earlier, the government had raised the price to Rs. 343.10 per litre. This means the latest cut has almost reversed the previous day’s increase, but it has not brought petrol prices back to the lower levels seen earlier in August.

For an ordinary motorbike user, the impact of a 50-paisa reduction is very limited. Even someone filling a 10-litre tank would save only around Rs. 5. For car owners, the savings are also small unless they buy a large amount of fuel regularly.

Still, the reduction has some importance because fuel prices directly affect almost every part of daily life. Petrol is widely used by private vehicles, motorcycles, rickshaws and other forms of transport. Any major rise in petrol prices can increase travel expenses and put more pressure on household budgets.

Diesel Price Also Gets Minor Relief

The government has also reduced the price of high-speed diesel by Rs. 0.19 per litre. The new diesel price stands at Rs. 371.61 per litre.

Like petrol, the reduction in diesel prices is very small. Diesel is especially important for commercial transport, buses, trucks, agricultural machinery and several industries. Because of this, changes in diesel prices can have an indirect effect on the prices of food, goods and other products.

However, the current reduction is unlikely to make a noticeable difference for transport companies or businesses because the saving is only a few paisas per litre.

The latest figures show that fuel prices remain much higher than they were before the major rise seen earlier this year. The current rates are therefore still a concern for consumers and businesses that depend heavily on fuel.

Another Change Comes After Tuesday’s Increase

The latest decrease came after the government increased fuel prices on Tuesday, August 25.

On that day, petrol became Rs. 1.12 per litre more expensive, while the price of high-speed diesel increased by Rs. 1.11 per litre. Petrol was then priced at Rs. 343.10 per litre, while diesel reached Rs. 371.80 per litre. The revised rates were applicable for August 26 and 27.

The latest cut therefore shows how quickly fuel prices can move under the new daily pricing system. Instead of waiting for the traditional fortnightly or monthly review, consumers are now seeing more frequent adjustments based on market conditions.

This can make fuel prices harder for businesses and households to predict. A person planning a long trip, for example, may not know exactly what fuel will cost a few days later. Similarly, transport businesses may find it harder to estimate future operating costs.

Daily Fuel Pricing Brings Frequent Changes

Pakistan has started following a daily review system for petroleum prices because of sharp movements in international oil markets. Petroleum Minister Ali Pervaiz Malik had earlier announced that fuel prices would be adjusted on a daily basis because of changing international conditions.

The purpose of this approach is to make local fuel prices respond more quickly to changes in the global market. When international oil prices fall, consumers can potentially receive relief sooner. But when global prices rise, local fuel rates can also go up quickly.

This is exactly what has happened in recent weeks, with petrol and diesel prices moving up and down several times.

For consumers, this means that checking the latest official fuel rate has become more important. Fuel prices that were announced one day may no longer remain the same after another revision.

Fuel Prices Have Changed Sharply Since July

The recent daily pricing record shows how much fuel rates have moved during the past several weeks.

At the start of the daily pricing period in mid-July, petrol was priced at around Rs. 310.71 per litre, while diesel stood at Rs. 323.30 per litre. By August 27, petrol had reached Rs. 342.60 and diesel had climbed to Rs. 371.61.

This means petrol had increased by about Rs. 31.30 per litre and diesel by around Rs. 42.10 per litre since the beginning of daily price revisions.

The numbers help explain why the latest reduction feels very small compared with the much larger increases recorded over the same period.

Although prices have moved down from some of the year’s highest levels, the overall cost of fuel remains a major issue for people across Pakistan. A small one-day reduction does not fully balance the impact of larger increases seen earlier.

International Oil Market Remains Important

One of the main reasons behind the large changes in fuel prices has been the movement in international oil markets.

Earlier this year, global oil prices were affected by geopolitical tensions and renewed conflict between the United States and Iran. These developments pushed international oil prices higher and also put pressure on Pakistan’s domestic fuel prices.

At one point, petrol in Pakistan reached as high as Rs. 458.41 per litre on April 3. High-speed diesel also reached a record level of Rs. 520.35 per litre on the same date. These levels were much higher than the rates seen in August.

Since then, fuel prices have come down from those extreme levels, but they have remained unstable. This is why Pakistani consumers continue to see frequent changes at petrol stations.

Government Taxes Also Affect Fuel Prices

Another important factor in the final price paid by consumers is government taxes and duties.

According to recent fuel price notifications, the government has continued to charge significant taxes and duties on petroleum products. At the time of the August 25 revision, the government was collecting Rs. 114 per litre in taxes and duties on petrol and Rs. 100 per litre on diesel.

This means that the final price of fuel is influenced not only by international oil prices but also by government charges.

When global prices fall, consumers may expect a larger decrease at petrol pumps. However, taxes, duties and other charges can limit the size of the final reduction.

This is one reason why even a fall in international oil prices does not always mean a large drop in local petrol and diesel prices.

What the Latest Cut Means for Consumers

For ordinary consumers, the latest fuel reduction is positive but very limited.

A 50-paisa reduction in petrol will have almost no effect on the monthly spending of a household. Someone who uses a motorcycle every day may save only a few rupees over several refills.

The 19-paisa reduction in diesel is even smaller. For truckers, bus operators and farmers who use large quantities of diesel, such a small cut is unlikely to make a meaningful difference.

Still, regular fuel price reductions can become important if they continue over several days. If prices remain stable or fall further, consumers could eventually see more noticeable relief.

The main concern is that the daily pricing system can also work in the opposite direction. A small reduction today can quickly be followed by another increase tomorrow if international prices move higher.

Impact on Transport and Daily Expenses

Fuel prices have a direct connection with transportation costs in Pakistan.

When petrol becomes more expensive, people normally have to spend more on commuting. Ride-hailing services, taxis, rickshaws and private transport can also become more costly.

Diesel prices have an even wider impact because diesel is widely used by heavy vehicles and commercial transport. Trucks carry food, clothing, construction materials and other goods from one part of the country to another. Buses and other public transport services also rely on fuel.

As a result, a sustained increase in diesel prices can push up the cost of transporting goods. Businesses may then pass those higher costs on to customers.

This is why people pay close attention to every fuel price announcement, even when the change is only a few paisas.

More Price Changes Could Come

With Pakistan now reviewing fuel prices on a daily basis, further changes can come quickly.

The latest decision does not guarantee that petrol and diesel prices will continue to fall. The next adjustment will depend on international oil prices, exchange rates, local market conditions and the government’s pricing mechanism.

The government’s Petroleum Division has continued to issue regular petroleum price notifications, confirming the move toward more frequent revisions.

For consumers, the best news would be a continued decline in fuel prices over the coming days. However, another increase cannot be ruled out because global energy markets remain sensitive to political and economic developments.

A Small Relief in a Difficult Time

The latest petrol and diesel price cuts may be described as a small relief for Pakistani consumers. Petrol has become cheaper by Rs. 0.50 per litre, while diesel has dropped by Rs. 0.19 per litre. Petrol now costs Rs. 342.60 per litre and diesel Rs. 371.61 per litre.

However, these reductions are still very small compared with the increases recorded since daily fuel pricing began. Petrol has risen by more than Rs. 31 per litre and diesel by more than Rs. 42 per litre during this period.

For families, transport workers, farmers and businesses, the bigger issue is therefore not a single day’s reduction but the overall direction of fuel prices.

If international oil prices continue to fall and the government passes on those savings, consumers could receive greater relief in the future. But if global prices rise again, Pakistan may once again face higher petrol and diesel rates.

For now, motorists can enjoy a very small reduction at the pump, but the overall fuel situation remains uncertain. The coming days will show whether this is the start of a longer downward trend or simply another short-term change in Pakistan’s fast-moving daily fuel price system.

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7,600 Families Receive Rs. 38 Billion in Government Housing Loans

Usman Yaqoob
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0
7,600 Families Receive Rs. 38 Billion in Government Housing Loans

Pakistan’s efforts to make loans more accessible for ordinary people are showing strong progress, especially in the housing sector. Under the government’s PM Apna Ghar programme, more than 7,600 families have received housing loans worth over Rs. 38 billion.

The latest figures show that the number of people applying for housing finance has increased sharply in recent months. The programme is aimed at helping more Pakistanis, particularly those from low- and middle-income groups, get financial support to build or buy their own homes.

The progress was reviewed as part of the government’s wider efforts to improve access to finance for different sectors of the economy. These sectors include housing, agriculture, small businesses, exports, information technology and green transport.

Strong Growth in Housing Finance

According to the latest official update, the PM Apna Ghar programme has recorded major growth since June 2026. The number of applications has increased by around 52 percent and has reached nearly 139,000.

The number of approved applications has also risen strongly. More than 46,000 applications have now been approved, showing an increase of about 84 percent compared to the figures recorded earlier.

The total amount of approved financing has almost doubled. It has increased from around Rs. 144 billion in June to nearly Rs. 279 billion by the middle of August.

The most important progress, however, has been seen in the actual release of loans. More than 7,600 housing loans have now been given to families, with the total amount crossing Rs. 38 billion. The amount of money released under the programme has increased by around 59 percent since June.

This means that thousands of families have moved beyond the application and approval stages and have actually received financing for their housing needs.

Helping Families Move Towards Home Ownership

For many families in Pakistan, owning a home remains a major life goal. However, rising property prices, construction costs and high borrowing expenses have made it difficult for many people to arrange enough money.

Government-backed housing finance programmes are designed to reduce this gap by making loans easier and more affordable for eligible families.

Under the current housing finance scheme, eligible borrowers can receive financing for homes within the limits set by the programme. The government has also taken steps to make the scheme more attractive by reducing the financing cost for borrowers and improving the rules related to housing loans.

The State Bank of Pakistan has revised the affordable housing finance scheme, allowing eligible customers to receive financing of up to Rs. 10 million. The fixed financing rate for customers under the revised scheme is 5 percent. The changes are aimed at making home finance more affordable for people who want to become first-time homeowners.

Government Focuses on Easier Access to Loans

The growth in housing loans is part of a broader government plan to increase access to formal financing across Pakistan.

The government wants banks and financial institutions to provide more funding to productive sectors instead of limiting lending to a small number of established borrowers. The wider goal is to connect finance with investment, business activity, job creation and economic growth.

At a recent meeting of the Access to Finance Steering Committee, Finance Minister Muhammad Aurangzeb reviewed progress in several important sectors. These included housing, agriculture, small and medium-sized businesses, exports, information technology and renewable energy.

The government believes that better access to finance can help more people participate in economic activity. Easier financing can support families buying homes, farmers investing in agriculture, small businesses expanding their operations and companies increasing exports.

Major Increase in Applications

The strong rise in applications under the PM Apna Ghar programme shows that many families are interested in using formal housing finance.

Nearly 139,000 applications have been received under the programme. The increase in applications suggests that more people are becoming aware of the available financing options.

At the same time, the number of approved applications has reached more than 46,000. This means a large number of applicants have successfully moved forward in the process and received approval for financing.

The value of approved loans has also increased significantly. From around Rs. 144 billion in June, approved financing has risen to approximately Rs. 279 billion.

This growth is important because it shows that banks and financial institutions are increasing their involvement in housing finance. Pakistan’s mortgage market has traditionally remained small compared with many other countries, so the expansion of formal housing lending could help more families gain access to long-term financing.

Changes in Housing Finance Rules

The government has also been working on changes in the legal and regulatory system to support the growth of housing finance.

The revised housing finance rules include a 90:10 loan-to-value ratio, which means borrowers may need to arrange a smaller share of the total property value while financing can cover a larger part, subject to the rules of the programme.

Other reforms include changes related to debt burden calculations, assessment of informal income, property valuation, documentation and digital processes.

These changes are important in Pakistan, where many people earn money from small businesses, self-employment or informal work and may not have the same documents as salaried employees.

Simplifying procedures and improving the assessment of different types of income could help more eligible people apply for formal housing loans.

The government is also supporting longer financing periods, which can make monthly repayments easier for borrowers to manage.

Agriculture Finance Also Expands

Housing is not the only sector showing progress. Agricultural finance has also increased.

The number of people receiving agricultural financing has risen from around 3.26 million in June to about 3.37 million by the middle of August.

The total amount of agricultural financing has remained close to Rs. 1.26 trillion. This money supports farmers and agricultural activities across the country.

Through the Zarkhez-e programme, more than 58,000 farmers have registered. Bank approvals under the programme have increased by about 12 percent and have crossed 16,700.

The amount of financing approved under the programme has gone above Rs. 7.2 billion. Around 5,000 loans have also been released.

Agriculture remains one of the most important parts of Pakistan’s economy. Farmers often need financing to purchase seeds, fertilisers, machinery and other necessary items. Better access to formal loans can help them improve productivity and manage their financial needs more effectively.

Small Businesses Get More Access to Formal Finance

Small and medium-sized businesses are another major focus of the government’s access-to-finance plan.

Around 330,000 small and medium enterprises are currently accessing approximately Rs. 1.05 trillion in formal financing.

The government and financial institutions are also working on new ways to assess borrowers. Credit scoring models are being introduced across 13 banks to reduce excessive dependence on traditional collateral-based lending.

In the past, many small businesses found it difficult to obtain loans because they did not have enough property or other assets to provide as security.

New credit assessment methods may allow banks to look at other factors, such as business records and financial behaviour, when deciding whether a borrower is suitable for financing.

If these systems are used effectively, more small businesses could gain access to bank loans and other formal financial services.

Support for Business Growth and Exports

The wider financing strategy is also linked with business expansion and exports.

The government wants financial support to help companies meet their short-term working capital needs while also giving them access to long-term financing for investment and expansion.

Export businesses can use financing to improve production, purchase equipment and increase their capacity. Better access to funding may also help Pakistani companies compete in international markets.

The government’s overall plan is to encourage investment in productive sectors that can create jobs and increase economic activity.

Officials believe that finance should play a stronger role in supporting real economic growth instead of remaining concentrated in only a few sectors or large businesses.

Green Financing Shows Positive Progress

Green finance has also emerged as an important area of growth.

Under the Pakistan Accelerated Vehicle Electrification Programme, more than 83,000 applications have been received.

The number of approved applications has crossed 15,800, showing an increase of around 24 percent since June.

More than 4,000 loans have been released under the programme, marking an increase of approximately 34 percent. The number of electric vehicles delivered has also increased significantly.

At the start of the programme, around 471 vehicles had been delivered. That number has now increased to more than 1,500.

The growth in electric vehicle financing is part of Pakistan’s wider effort to support cleaner transport and reduce dependence on traditional fuel-powered vehicles.

However, the long-term success of such programmes will depend on several factors, including the availability of charging infrastructure, affordable vehicles and continued financing support.

A Wider Plan for Economic Participation

The government’s broader goal is to make formal financing available to more people and businesses across Pakistan.

Officials want financial resources to support investment, production, employment and exports. The idea is that when more families, farmers and businesses can access suitable financing, economic activity can increase across different parts of the country.

For families, housing loans can make home ownership possible. For farmers, agricultural financing can help improve production. For small businesses, access to credit can support expansion and job creation.

Similarly, financing for exports and green projects can support new areas of economic growth.

The government says the purpose is to make Pakistan’s economy more inclusive by allowing a larger number of people and businesses to take part in formal financial activity.

Challenges Still Remain

Although the recent figures show strong progress, major challenges still remain.

Pakistan’s housing finance sector has historically been underdeveloped, and many families continue to face difficulties in purchasing or constructing homes.

Property prices and construction costs remain high, while the process of obtaining a loan can still be difficult for some applicants.

Many Pakistanis also work in the informal economy and may not have regular salary slips or traditional financial records. This can make it harder for them to qualify for loans under standard banking rules.

Banks also face concerns related to loan recovery, legal processes and the long-term risks connected with housing finance.

The government has been working on legal reforms to strengthen the system, but it is important to maintain a balance between protecting lenders and protecting borrowers.

Positive Sign for Pakistan’s Financial Sector

Despite these challenges, the latest progress is a positive sign for Pakistan’s financial sector.

The disbursement of more than Rs. 38 billion to over 7,600 families shows that housing finance is moving forward at a faster pace.

With nearly 139,000 applications and more than 46,000 approvals, the programme has created strong interest among people seeking support for home ownership.

The increase in agricultural financing, formal lending to small businesses and electric vehicle financing also shows that the government is trying to improve access to credit across different sectors.

If the current momentum continues and the financial system becomes easier to access, more Pakistanis could benefit from formal loans in the coming years.

For now, the more than 7,600 families that have received housing loans represent an important step in the government’s effort to expand home ownership and improve access to finance.

The coming months will show whether the government can maintain this growth, process applications efficiently and ensure that financing reaches deserving people across the country. If successful, the programme could help thousands more families move closer to the dream of owning a home while also supporting Pakistan’s construction and wider economy.

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Govt Plans to Replace Slab-Based Gas Subsidy System

Usman Yaqoob
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0
Govt Plans to Replace Slab-Based Gas Subsidy System

The federal government is considering a major change in Pakistan’s gas pricing system that could end the existing slab-based subsidy structure for consumers. Under the proposed plan, different gas prices based on monthly consumption may gradually be replaced with a single or more uniform pricing system. At the same time, low-income and vulnerable households could receive support through targeted social protection programmes instead of broad gas subsidies.

The proposal is part of wider reforms planned for Pakistan’s gas sector. Federal Minister for Petroleum Ali Pervaiz Malik has said that the current system of providing subsidies through different consumption slabs needs to be reviewed. The government believes that a fairer and simpler gas pricing model could improve the overall performance of the sector, reduce financial pressure and encourage more efficient use of gas.

The idea was discussed during a meeting held with the board and senior management of Sui Southern Gas Company Limited (SSGCL) in Karachi. The meeting reviewed the company’s performance, financial position, operational problems and future plans. Government officials also discussed reforms that could help make the gas sector more financially stable in the coming years.

Existing Slab System May Be Replaced

At present, gas consumers in Pakistan are charged according to different consumption slabs. The amount a household pays can depend on how much gas it uses during a billing month. Lower-consuming consumers may receive gas at a relatively lower rate, while higher consumption can result in a higher bill.

The government is now considering changing this system. Instead of continuing with multiple slabs and broad subsidies, a more uniform gas price could be introduced. However, this does not necessarily mean that poor families would be left without any support.

According to the government’s approach, vulnerable households may be protected through targeted social programmes. This means assistance could be directed specifically towards families that genuinely need financial help rather than providing broad subsidies across the entire consumer base.

Officials believe that targeted support may make the system fairer and more effective. A household with limited income could receive direct assistance, while consumers who can afford higher energy costs may no longer benefit from the same level of subsidy.

The government has already indicated that future gas-sector reforms may involve redesigning the current subsidy system, redefining protected consumer categories and eventually moving towards a more market-based and financially sustainable pricing structure.

Government Wants a Fairer Gas Price

Petroleum Minister Ali Pervaiz Malik has said that the existing subsidy system needs to be revisited. The government believes that a single fair price or a more uniform pricing structure could reduce problems created by the current slab system.

One of the main arguments behind the proposed change is that the existing structure can create differences between consumers and sectors. Some users may receive gas at highly subsidised rates, while others may have to pay much higher prices.

A more balanced pricing system could reduce these differences and make the overall market easier to manage. The government also believes that clearer pricing could encourage economic activity and reduce the unnecessary use of gas.

Another concern is the growing shift of consumers towards alternative fuels. When gas prices and supply conditions are uncertain or uneven, homes and businesses may look for other energy sources. The government hopes that a better pricing system, combined with improvements in supply and service, can reduce such problems.

However, any new system will need to be designed carefully because gas bills are an important household expense for millions of Pakistanis. The government will have to ensure that lower-income families are protected if broad subsidies are reduced or removed.

Support for Low-Income Families Will Remain Important

The government has stressed that vulnerable consumers should not be ignored during the reform process. Instead of giving the same type of subsidy through the existing slab system, the proposed model could provide targeted financial support to families with limited incomes.

This approach would allow the government to focus public resources on people who need assistance the most. Targeted support can be provided through social protection programmes and other government schemes designed for deserving households.

The basic idea is simple: instead of making gas cheaper for a wide range of consumers, the government may charge a more realistic price and then provide direct help to eligible families.

This could also make government spending more transparent. Under a broad subsidy system, consumers who are financially comfortable may also benefit from lower gas prices. A targeted system aims to reduce this issue by focusing assistance on vulnerable households.

Pakistan’s wider reform plans have also discussed moving away from broad cross-subsidies and towards a targeted and budgeted subsidy framework. Such changes are linked with efforts to improve cost recovery and reduce financial problems in the gas sector.

Gas Sector Reforms Are Already Underway

The possible end of slab-based gas subsidies is not an isolated policy change. It is part of a larger plan to reform Pakistan’s gas sector.

The government has been working on a roadmap with support from the World Bank to make the gas market more competitive, efficient and financially stable. The roadmap includes possible changes to pricing, regulation, the structure of gas companies and private-sector participation.

The reform plan also aims to reduce the burden of cross-subsidies and improve transparency in the sector. The government wants to move towards a system where prices are more closely linked to the actual cost of supplying gas.

At the same time, regulators would continue to play an important role in protecting consumers and monitoring the market. The Oil and Gas Regulatory Authority, or OGRA, is expected to have a stronger role in ensuring fair competition and proper regulation as reforms move forward.

Financial Problems in the Gas Sector

Pakistan’s gas sector has faced financial and operational challenges for many years. Gas companies have struggled with losses, unpaid amounts, circular debt, gas theft and high levels of unaccounted-for gas.

These issues make it difficult for the sector to remain financially healthy. When the full cost of gas is not recovered through consumer bills, financial pressure can build up over time.

The government believes that pricing reforms can help address some of these problems. A more realistic and transparent price may improve the financial condition of gas companies and reduce the need for repeated government support.

During the meeting with SSGCL, the petroleum minister directed the company to develop a strong strategy and a sustainable business model. He placed special focus on reducing unaccounted-for gas, which remains a major issue for the company.

The meeting was informed that SSGCL had reduced unaccounted-for gas by around 57 percent in volumetric terms. This was presented as an important improvement in the company’s efforts to control losses and strengthen its financial position.

Efforts to Improve Gas Supply

The government is also working on improving gas availability for different consumer groups. According to information shared during the SSGCL meeting, there was no gas load shedding at the time for K-Electric, industrial consumers and fertiliser plants.

Domestic consumers were also receiving gas three times a day, according to the information presented at the meeting. The government has continued to face the difficult task of managing limited local gas supplies while meeting demand from homes, industries, power producers and other sectors.

Pakistan’s gas system also faces the challenge of balancing locally produced gas with imported liquefied natural gas, or LNG. Imported gas can be more expensive, creating additional pressure on prices and the overall financial structure of the sector.

The government’s reforms are expected to deal with these issues by improving planning, pricing and market management. The aim is to create a system that is more sustainable over the long term while maintaining reliable energy supplies.

Gas Prices Have Remained Unchanged

The petroleum minister said that gas prices had not been increased over the previous year. He also said that the rise in gas-sector circular debt had nearly been stopped.

Keeping gas prices unchanged can provide relief to consumers, particularly at a time when the cost of living remains a major concern for many Pakistani families. However, the government also has to manage the financial needs of the gas sector.

This creates a difficult balance. On one side, consumers want affordable gas bills. On the other, gas companies need enough revenue to operate, maintain their networks and pay for gas supplies.

The proposed reforms are therefore aimed at creating a long-term solution instead of relying only on temporary relief. A better pricing structure, targeted support and improved efficiency could help reduce financial pressure while protecting deserving consumers.

The government is also working with the World Bank on broader reforms designed to solve structural problems in the gas sector. These efforts focus on improving efficiency, strengthening the financial position of gas companies and creating a more sustainable system.

Balochistan’s Gas Problems Also Need Attention

The petroleum minister also directed officials to give priority to gas supply problems in Balochistan. The province faces several challenges, including technical issues, infrastructure limitations and gas theft.

Improving service in Balochistan will require long-term planning and investment. The government believes that sustainable solutions are needed to improve gas availability and service delivery.

Gas infrastructure is important because even when gas is available, weak pipelines and distribution systems can create supply problems. Technical losses and theft can further increase the financial burden on gas companies.

The government wants to address these issues as part of its wider reform programme. Better infrastructure, improved monitoring and stronger action against gas theft could help improve the overall situation.

Public Service Will Remain a Priority

Despite the focus on financial reforms and market changes, the government has said that public service should remain an important priority for gas companies.

The petroleum minister stressed that SSGCL should consider public service in its operational, financial and strategic decisions. This means reforms should not only focus on reducing losses or improving company finances but should also consider the needs of consumers.

Pakistan’s gas sector provides an essential service to households and businesses. Any major change in pricing can therefore have a direct impact on daily life.

The success of the proposed new system will depend on how carefully it is introduced. Consumers will want clear information about new prices, eligibility for targeted support and the impact on monthly bills.

If the government replaces the slab-based system, it will need to ensure that the transition is smooth and understandable for the public.

What Could Happen Next?

For now, the government is considering a move away from the existing slab-based subsidy model. A final implementation plan will likely require further policy work, regulatory decisions and consultation with relevant institutions.

The wider gas-sector roadmap is expected to guide many of these decisions. The Petroleum Division has been working on reforms that could eventually lead to a more open, competitive and financially stable gas market.

A single or more uniform gas price, combined with targeted support for poor households, is one of the key ideas being discussed. If implemented successfully, the new approach could reduce the burden of broad subsidies and improve the financial health of the gas sector.

However, the biggest challenge will be protecting ordinary households from sudden increases in energy costs. Many Pakistani families already face pressure from rising living expenses, making targeted assistance an important part of any future policy.

A Major Shift for Pakistan’s Gas Consumers

The possible end of the slab-based gas subsidy system could mark a major change in the way millions of Pakistanis pay for gas.

Instead of relying on different consumption slabs, the government is considering a simpler and more uniform pricing approach. At the same time, support for vulnerable families may shift towards targeted social protection programmes.

The proposed change is linked with Pakistan’s wider effort to reform its gas sector, reduce financial losses, control circular debt and improve the performance of gas companies.

While the government believes a fairer pricing system could bring long-term benefits, the transition will need to be handled carefully. The biggest concern for consumers will remain the impact on household bills.

For now, the proposal shows that Pakistan is moving towards a new direction in gas-sector policy. The final shape of the reforms will determine how consumers, businesses and gas companies are affected in the years ahead.

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Hub Power FY26 Profit Nears Rs. 50 Billion as BYD Business Boosts Earnings

Usman Yaqoob
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0
Hub Power FY26 Profit Nears Rs. 50 Billion as BYD Business Boosts Earnings

The Hub Power Company Limited (HUBC) has reported a strong financial performance for the fiscal year 2026, with its profit after tax reaching Rs. 48.6 billion, close to the Rs. 50 billion mark. The company’s yearly profit increased by 8 percent compared with Rs. 46 billion recorded in the previous fiscal year.

The improvement in HUBC’s earnings was supported by better contributions from its associate businesses, particularly Prime and the company’s involvement in BYD’s growing operations in Pakistan. The company also performed strongly in the final quarter of the fiscal year, helping it close FY26 on a positive note.

The latest results show that HUBC is continuing its move beyond its traditional power generation business. While some of its older power assets have faced pressure, the company’s investments in other businesses are becoming more important for its overall earnings.

Strong Finish in the Final Quarter

HUBC delivered an especially strong performance during the fourth quarter of FY26. The company’s profit after tax for the quarter rose to Rs. 16.5 billion.

This represented a 39 percent increase compared with the same quarter of the previous year. On a quarter-on-quarter basis, profit increased by 53 percent, showing a major improvement in the company’s performance during the final three months of the financial year.

The strong fourth-quarter result played an important role in lifting HUBC’s full-year profit to Rs. 48.6 billion.

One of the main reasons behind the better quarterly earnings was the higher contribution from the company’s associate businesses. HUBC’s share of profit from associates reached Rs. 13 billion during the fourth quarter, compared with Rs. 11 billion during the same period a year earlier.

According to market analysis, stronger contributions from BYD-related operations and Prime helped support this increase.

BYD Contribution Becomes More Important

HUBC’s connection with BYD has become an important part of its business growth strategy. The company is gradually expanding its presence in Pakistan’s new energy vehicle market through Mega Motor Company and related business arrangements.

The growing contribution from the BYD side of the business shows how HUBC is working to reduce its dependence on traditional electricity generation. As Pakistan’s market for electric vehicles and plug-in hybrid vehicles develops, the company appears to be positioning itself for new opportunities.

BYD has already started building its presence in Pakistan through the launch and sale of its vehicles. The company is also working on a local assembly facility near Karachi. The plant is expected to support the assembly of electric vehicles in Pakistan and increase local business activity in the sector.

Reports have indicated that the facility will have the capacity to produce around 25,000 vehicles annually when operating in two shifts.

For HUBC, this expansion is important because it creates another possible source of earnings outside the power sector.

Higher Gross Profit Supports Quarterly Earnings

Apart from better income from associates, HUBC also recorded improvement in its gross profit during the fourth quarter.

The company’s quarterly gross profit increased by 22 percent. This growth was mainly supported by a higher period-weighting factor for Lalpir Energy Limited, also known as LEL.

Lalpir Energy’s better operational contribution helped strengthen HUBC’s overall performance during the quarter. The higher gross profit gave further support to the company’s final quarterly earnings and added to the strong result for the full financial year.

The performance shows that even though HUBC is moving into new sectors, its existing energy-related businesses continue to play an important role in generating profits.

The company is trying to maintain a balance between its traditional power assets and its newer investments in electric vehicles, energy, mining and other areas.

Revenue Rises on Better Plant Utilisation

HUBC’s consolidated revenue increased by 10 percent year-on-year during the fourth quarter, reaching Rs. 20.5 billion.

The rise in revenue was mainly linked to better utilisation of several power plants.

Narowal Energy Limited, or NEL, recorded a major improvement in utilisation. The plant operated at a utilisation level of 17 percent during the fourth quarter of FY26, compared with only 3 percent in the same quarter of FY25.

China Power Hub Generation Company, or CHPGC, also operated at a higher utilisation level of 29 percent. Its performance was affected by disruptions and changes in seasonal electricity demand, but the higher utilisation still contributed to improved revenue.

Meanwhile, Thar Energy Limited and ThalNova Power Thar Private Limited continued to operate at high utilisation levels. Their utilisation rates stood at 83 percent and 79 percent, respectively.

Lalpir Energy Limited also showed a sharp improvement. Its utilisation increased to 75 percent during the fourth quarter of FY26, compared with 52 percent in the same quarter a year earlier.

The improved utilisation of these plants helped HUBC generate stronger revenue during the quarter.

Lower Finance Costs Provide Further Relief

Another major positive factor for HUBC was the decline in finance costs.

The company’s finance costs fell by 18 percent on a year-on-year basis during the fourth quarter. The reduction was supported by continued loan repayments related to CPEC investments.

Lower interest rates also helped reduce the company’s financing burden.

Finance costs can have a major impact on the profitability of companies that operate large power and infrastructure projects. Such businesses often require significant borrowing for construction and expansion.

Therefore, the fall in HUBC’s finance costs provided useful support to the company’s bottom line.

The continued repayment of loans has helped the company reduce some of its financial pressure. At the same time, lower interest rates have made borrowing costs more manageable.

This combination allowed HUBC to retain a larger share of its earnings as profit.

Lower Tax Rate Helps Profit Growth

The company’s earnings also received support from a lower effective tax rate during the final quarter.

HUBC’s effective tax rate stood at 1.4 percent in the fourth quarter of FY26. This was much lower than the 18.8 percent recorded during the same period of the previous year.

The lower tax rate was mainly because a large part of the company’s tax obligations had already been recognised in the previous quarter.

As a result, the tax burden during the fourth quarter was lower, which helped increase the company’s reported profit.

This was one of the reasons why HUBC was able to post a strong 39 percent year-on-year increase in quarterly profit.

Cash Dividend Announced for Shareholders

HUBC also announced a cash dividend of Rs. 5 per share for the quarter.

The dividend will be welcomed by shareholders, especially those who depend on regular income from their investments.

The company’s dividend income during the quarter also increased. It stood at Rs. 0.55 billion, compared with Rs. 0.42 billion during the same period of the previous year.

This provided additional support for the company’s ability to make payments to shareholders.

For investors, dividends remain an important part of the return received from shares. HUBC’s decision to announce a cash dividend shows that the company remains focused on providing value to its shareholders while also investing in new business opportunities.

The company’s investor information and financial disclosures are available through HUBCO’s official investor page and the Pakistan Stock Exchange’s HUBC profile.

HUBC Continues to Change Its Business Model

HUBC has traditionally been known as one of Pakistan’s major power generation companies. However, its business model is now changing.

Some of the company’s older power operations have faced pressure due to changes in power purchase agreements, tariff structures and lower contributions from legacy assets.

At the same time, HUBC has been expanding into new areas.

The company is increasing its involvement in electric and hybrid vehicles through BYD-related operations. It also has interests in energy, mining and other business sectors.

This shift is important for the company’s future.

In the past, HUBC depended more heavily on income from its major power plants. Now, associate companies and new investments are becoming a bigger part of its earnings.

Analysts have noted that income from associates, lower finance costs and diversification are helping support the company as its traditional power business goes through changes.

Electric Vehicle Market Offers New Opportunities

Pakistan’s electric vehicle market is still at an early stage, but it is expected to grow in the coming years.

Higher fuel prices and increasing interest in cleaner transport options have created more attention around electric and hybrid vehicles.

The government has also introduced measures to support the sector, including steps related to electric vehicle charging.

For HUBC, its link with BYD gives it an opportunity to benefit from this growing market.

BYD is one of the world’s major electric vehicle manufacturers, and its expansion in Pakistan could help create a strong new business segment for HUBC.

The company is not only focusing on vehicle sales. The wider ecosystem may also create opportunities in local assembly, charging infrastructure, maintenance and other related services.

HUBC has already been expanding the charging network through its green energy business and has installed fast chargers at different locations in Pakistan.

This shows that the company is looking beyond traditional power generation and trying to build a wider presence in the clean energy and transport sector.

Outlook Remains Focused on Growth and Diversification

HUBC’s FY26 performance shows that the company is making progress during a period of business change.

The full-year profit of Rs. 48.6 billion was higher than the previous year’s Rs. 46 billion, while the final quarter showed particularly strong momentum.

The biggest support came from stronger contributions from associate businesses, including the BYD-related business through Prime. Higher plant utilisation, improved gross profit, lower finance costs and a lower effective tax rate also helped strengthen the final result.

The company now faces the challenge of maintaining this growth in the future.

Traditional power generation may not provide the same level of growth as before. However, HUBC’s investments in electric vehicles and other sectors could create new sources of income.

The success of the BYD business in Pakistan will be closely watched by investors. If the demand for electric and hybrid vehicles continues to rise, HUBC could benefit from its early move into this market.

Final Thoughts

HUBC’s financial results for FY26 show a company that is successfully trying to adjust to a changing business environment.

Its profit after tax reached Rs. 48.6 billion, close to the Rs. 50 billion level, representing an 8 percent increase from the previous year.

The final quarter was especially strong, with profit rising to Rs. 16.5 billion. Better contributions from associates, particularly those linked to BYD and Prime, were among the key reasons behind the improvement.

Higher plant utilisation also helped increase revenue, while lower finance costs and a reduced tax burden supported the company’s bottom line.

The results suggest that HUBC’s future growth may increasingly depend on its ability to build successful new businesses outside its traditional power generation operations.

With BYD expanding its presence in Pakistan and the electric vehicle market showing potential for growth, HUBC appears to be developing a new source of earnings for the years ahead.

The company’s FY26 performance is therefore more than just a story about higher annual profit. It also highlights a wider change in HUBC’s business strategy as it moves towards a more diverse future.

Note: The article title rounds the full-year profit to Rs. 50 billion, while the reported profit after tax was Rs. 48.6 billion.

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