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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.

Ex-Goldman Sachs VP Appointed Chairman of Pakistan Climate Authority

Usman Yaqoob
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Ex-Goldman Sachs VP Appointed Chairman of Pakistan Climate Authority

Pakistan has appointed a former senior executive of global investment bank Goldman Sachs as the chairman of the Pakistan Climate Authority. The appointment is being seen as an important step as the country continues to deal with climate change, extreme weather, water shortages, rising temperatures, and other environmental challenges.

The new chairman brings experience from the international financial sector, where he worked with Goldman Sachs in a senior position. His background in finance and global markets could play an important role in helping Pakistan attract investment for climate-related projects and improve the country’s ability to manage environmental risks.

Climate change has become a major issue for Pakistan in recent years. The country has faced severe floods, heatwaves, drought-like conditions, changing rainfall patterns, and other weather-related problems. These events have affected homes, agriculture, roads, businesses, and public services across different parts of the country.

The government has been working to strengthen its climate policies and institutions. The appointment of a new head for the Pakistan Climate Authority is part of these efforts.

Former Goldman Sachs Executive Takes Charge

The appointment has attracted attention because of the chairman’s previous experience with Goldman Sachs, one of the world’s major financial institutions.

Working at an international financial firm can provide valuable knowledge about investment, financial planning, risk management, and international markets. These areas are becoming increasingly important for Pakistan as it looks for funds to support climate adaptation and environmental projects.

Pakistan needs large investments to prepare its cities, farms, industries, and infrastructure for the effects of climate change. Government resources alone may not be enough to meet these needs. This makes international financing, private investment, and cooperation with development partners especially important.

The new chairman is expected to bring a financial perspective to the country’s climate work while also helping improve coordination between different institutions.

Why the Climate Authority Matters

The Pakistan Climate Authority has an important role in supporting the country’s response to climate change.

Climate change is not only an environmental issue. It also affects the economy, agriculture, energy, health, housing, transport, and water supplies. A major climate event can create heavy costs for both the government and ordinary citizens.

For example, floods can destroy crops, damage roads and bridges, force families to leave their homes, and interrupt business activity. Extreme heat can affect workers, increase electricity demand, and create health risks. Changes in rainfall can also make farming more difficult.

Because of these challenges, Pakistan needs long-term planning instead of only responding after a disaster has already happened.

The Climate Authority can help bring different climate-related efforts together and support policies designed to reduce future risks.

Pakistan Faces Serious Climate Challenges

Pakistan is considered highly exposed to the effects of climate change. Over the years, the country has experienced several major climate-related disasters.

The devastating floods of 2022 showed how serious the situation can become. Large areas of the country were affected, millions of people were impacted, and huge losses were reported in homes, crops, roads, livestock, and other assets.

Extreme heat is another growing concern. Many Pakistani cities regularly experience very high temperatures during the summer months. Heatwaves can put pressure on electricity systems, water supplies, hospitals, and other public services.

Agriculture is also highly sensitive to changes in weather. Pakistan depends heavily on farming for food, employment, exports, and rural incomes. Changes in rainfall, temperature, and water availability can therefore have a direct impact on the wider economy.

These issues make climate planning an important part of Pakistan’s future economic strategy.

Need for Climate Financing

One of the biggest challenges for Pakistan is finding enough money for climate-related projects.

Building stronger flood protection systems, improving water management, developing renewable energy, protecting forests, upgrading cities, and making agriculture more climate-friendly all require investment.

Pakistan is also seeking international support for climate adaptation and disaster resilience. The country has repeatedly highlighted that developing nations face a difficult situation because they need to spend money dealing with climate impacts despite having limited financial resources.

The new chairman’s background in global finance could be useful in this area.

Experience in international financial markets may help the authority better understand how climate projects can be structured and presented to investors and development institutions.

Private-sector participation may also become more important in the coming years. Climate-related projects can require large amounts of capital, and partnerships between the government and private companies could help speed up investment.

Focus on Investment and Economic Growth

Climate action and economic development are closely connected.

Pakistan cannot focus only on reducing environmental damage. It also needs to make sure that climate policies support jobs, investment, energy security, food production, and economic growth.

Renewable energy is one example. Greater use of solar, wind, and other clean energy sources can help diversify the country’s energy mix. It can also reduce dependence on imported fuels over time.

Similarly, better water management can support farmers and improve food security. Stronger infrastructure can reduce losses during floods and other disasters.

Climate-friendly investment can therefore have benefits beyond the environment.

The Climate Authority may have an important role in helping Pakistan identify such opportunities and coordinate efforts between government departments, investors, financial institutions, and international partners.

International Experience Could Help

The new chairman’s international financial experience may also help Pakistan connect with global institutions and investors.

Climate change is a global issue, and many countries are working with international banks, development agencies, investment firms, and private companies to finance climate projects.

Pakistan needs access to these networks as it works to raise funds for adaptation and resilience.

International experience can also help in understanding how other countries structure climate funds, attract private investment, manage environmental risks, and measure the results of climate projects.

However, the success of any climate institution will depend on more than the background of one individual. Strong coordination, clear policies, proper use of funds, transparency, and effective implementation will also be important.

Climate Change and Pakistan’s Economy

Climate-related problems can create serious economic pressure.

When floods damage crops, food prices can rise. When roads and bridges are destroyed, the government has to spend money on repairs. When businesses are affected by extreme weather, economic activity can slow down.

Climate events can also increase pressure on public finances.

For a country already facing economic challenges, preventing or reducing climate-related losses can be more cost-effective than repeatedly paying for emergency recovery.

This is why climate planning is increasingly being linked with economic planning.

A stronger climate policy can help the government prepare for future risks while also protecting development projects and public investment.

Agriculture Needs Greater Attention

Agriculture is likely to remain one of the key areas of climate policy.

Farmers depend on predictable weather and reliable water supplies. Climate change can make both more difficult.

Higher temperatures can affect crop yields. Changes in rainfall can increase the risk of both drought and flooding. Water shortages can make irrigation more difficult, while sudden heavy rain can damage standing crops.

Pakistan will therefore need better farming methods, stronger water management, improved crop planning, and greater access to climate-related information.

Investment in climate-smart agriculture could help farmers deal with changing weather conditions while protecting food production.

Water Security Is Another Major Concern

Water is one of Pakistan’s most important natural resources, but the country faces growing pressure on its water supplies.

Climate change can affect glaciers, rainfall, rivers, groundwater, and irrigation systems. At the same time, population growth and economic activity are increasing demand for water.

The country needs better planning to manage this resource.

Projects aimed at reducing water waste, improving irrigation systems, protecting watersheds, storing water, and increasing efficiency can become an important part of Pakistan’s climate strategy.

The Climate Authority could help bring greater attention to these long-term issues.

Cities Also Need Climate Planning

Pakistan’s rapidly growing cities face their own climate problems.

Urban areas can become extremely hot during heatwaves. Poor drainage can increase the risk of flooding after heavy rain. Air pollution can make health problems worse, while growing populations put additional pressure on water, electricity, transport, and waste management systems.

Climate-friendly urban planning can help cities become safer and more efficient.

This could include better drainage, green spaces, improved public transport, energy-efficient buildings, better waste management, and stronger emergency systems.

Major cities will need to prepare for more extreme weather conditions as climate risks increase.

Role of Renewable Energy

Energy is another area where climate and economic policy overlap.

Pakistan has significant potential for solar and wind power. Expanding renewable energy can help reduce dependence on imported fuels and provide another source of electricity.

Solar power has already become increasingly popular among households and businesses in Pakistan. Large-scale renewable energy projects could also support the national electricity system.

However, investment in renewable energy requires clear policies, reliable regulations, suitable financing, and a strong power transmission system.

The Climate Authority may have a role in supporting policies that encourage cleaner energy investment while considering the country’s wider energy needs.

A New Phase for Climate Policy

The appointment of the former Goldman Sachs vice president comes at a time when Pakistan needs stronger action on climate-related risks.

The country’s climate challenges are expected to require long-term planning and major investment. Government departments, businesses, banks, investors, researchers, and international organizations all have a role to play.

The Climate Authority can serve as an important platform for bringing these efforts together.

Its success will depend on how effectively it turns climate plans into practical projects. Clear targets, proper monitoring, responsible use of funds, and cooperation between institutions will be important.

What the Appointment Could Mean

The appointment brings together two areas that are becoming increasingly connected: finance and climate policy.

Pakistan needs money to build climate-resilient infrastructure, protect communities, improve agriculture, strengthen water systems, and develop cleaner energy. At the same time, investors need clear plans and reliable systems before putting money into major projects.

A chairman with international financial experience could help bridge some of these gaps.

The coming period will show how the authority uses this experience and what kind of climate projects and policies are developed under its leadership.

For Pakistan, the larger challenge remains clear. Climate change is affecting the country’s economy and communities, and preparing for these risks will require consistent work over many years.

Conclusion

The appointment of a former Goldman Sachs vice president as chairman of the Pakistan Climate Authority marks a new development in the country’s climate policy efforts.

Pakistan faces serious challenges from floods, heatwaves, changing rainfall, water shortages, and pressure on agriculture and cities. Dealing with these problems requires strong institutions as well as significant financial resources.

The new chairman’s experience in international finance could be useful as Pakistan looks for climate investment and stronger cooperation with global financial institutions.

At the same time, effective climate action will require coordination across government departments, businesses, financial institutions, local communities, and international partners.

The main goal will be to turn climate plans into practical action. If Pakistan can improve its climate planning, attract investment, strengthen infrastructure, and prepare communities for future risks, it can reduce some of the economic and social damage caused by extreme weather.

The appointment therefore comes at an important time for Pakistan, when climate protection is increasingly becoming part of the country’s wider economic and development planning.

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CDA Seals Housing Scheme Near Bani Gala

Usman Yaqoob
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CDA Seals Housing Scheme Near Bani Gala

The Capital Development Authority (CDA) has taken action against a housing scheme located near Bani Gala, Islamabad, by sealing the project. The action is part of the authority’s efforts to control unapproved housing projects and stop development work being carried out without the required permissions.

Housing schemes around Islamabad have expanded rapidly in recent years. Many people are interested in buying plots and houses in areas close to the capital because of better access to roads, commercial areas, schools, hospitals, and other facilities. However, the rapid growth of private housing projects has also created concerns about schemes operating without proper approval.

The latest action by the CDA has once again highlighted the importance of checking the legal status of a housing scheme before purchasing property.

CDA Takes Action Near Bani Gala

The CDA sealed the housing scheme near Bani Gala after finding issues related to its approval and development status. The authority has powers to take action against housing projects that do not meet the required rules and regulations.

Sealing a housing scheme means that development and related activities can be stopped until the owners or developers meet the required legal conditions. Such action is generally taken to prevent further construction, sale, or other activities where the project does not have the necessary approvals.

Bani Gala and its surrounding areas have seen a rise in property development because of their location near Islamabad. As new roads, residential areas, and commercial activities continue to grow, land in these areas has attracted both investors and people looking for homes.

However, property buyers can face serious problems when they purchase land in an unapproved or illegally developed housing scheme. This can include difficulties in getting possession, electricity, gas, water, road access, or official ownership documents.

Why Housing Scheme Approval Matters

Housing schemes cannot simply be developed without following the rules set by the relevant authorities. Developers normally have to obtain approvals before starting major development work and marketing plots to the public.

The approval process helps authorities check important matters such as land ownership, the location of the scheme, road planning, public facilities, drainage, parks, schools, commercial areas, and other basic requirements.

An approved housing scheme is expected to follow the development plan and conditions set by the concerned authority. If a developer fails to meet these requirements, the project can face legal action.

For buyers, checking approval status before making any payment is therefore extremely important. A project may have attractive advertisements, wide roads, modern maps, or promises of future facilities, but these things do not automatically mean that the scheme has legal approval.

Bani Gala Area Continues to Attract Property Buyers

Bani Gala is one of the well-known areas around Islamabad and has remained attractive for residential development. Its location and connection with different parts of the capital have helped increase interest in property in and around the area.

Over time, different housing and land development projects have appeared in nearby areas. Some projects are developed according to approved plans, while others may face questions about permissions, land use, or development standards.

This makes it important for buyers to carefully investigate a property before making an investment.

Property transactions often involve large amounts of money. A person may spend their life savings on a plot or house. If the project later faces legal problems, the buyer may have to deal with long delays and financial losses.

Risks of Buying Property in an Unapproved Scheme

The sealing of the housing scheme near Bani Gala serves as a reminder of the risks linked with unapproved developments.

One major risk is that the buyer may not receive legal possession of the property. Even after paying the full amount, the development work may remain incomplete or the authorities may stop further construction.

Another problem can be a lack of basic services. Roads, water supply, electricity, sewerage, parks, and other facilities may not be provided as promised.

There can also be questions about the ownership of the land. Buyers may assume that a plot is legally available for sale, while the land may be involved in a dispute or may not have the required permissions for residential development.

In some cases, buyers may also face problems when trying to sell the property in the future. If a housing scheme has legal issues, potential buyers may hesitate to purchase plots there.

CDA’s Role in Regulating Housing Projects

The CDA plays an important role in planning and regulating development in Islamabad and its surrounding areas under its relevant legal authority.

The authority monitors development activities and can take action where projects violate applicable rules. Such measures can include sealing sites, stopping development work, removing illegal structures, and taking other steps under the law.

The purpose of these actions is not only to stop illegal construction but also to protect the wider planning system of the capital.

Unplanned development can create problems for an entire area. Poor road planning can cause traffic issues, while weak drainage systems can increase the risk of flooding. A lack of parks and public spaces can also affect the quality of life for residents.

Similarly, housing schemes that are developed without proper planning can put pressure on existing roads and public services.

Buyers Should Check Approval Before Investing

The latest CDA action is particularly important for people who are planning to buy property around Islamabad.

Before purchasing a plot, buyers should first confirm whether the housing scheme is approved by the relevant authority. They should not depend only on information provided by property dealers, sales offices, advertisements, or social media pages.

Buyers should also check the approved layout plan and confirm whether the specific plot being offered is part of the approved area.

It is also useful to verify the ownership documents and other legal records related to the land. If a buyer is planning to make a large investment, getting advice from a qualified property lawyer can also help reduce the risk.

A small amount of research before buying can save buyers from major problems later.

Property Dealers Also Have a Responsibility

Property dealers play an important role in Islamabad’s real estate market. Many buyers depend on dealers to understand the legal and development status of housing schemes.

Dealers should provide accurate information and avoid promoting projects that do not have the required approvals. Selling property only for commission without informing customers about legal issues can create serious problems for buyers.

Customers should also ask direct questions before making a deal. They can ask for proof of approval, details of the approved area, ownership documents, and the current development status of the project.

If a dealer refuses to provide clear information or asks a buyer to make a quick decision, it may be better to investigate the project further before paying any money.

Avoid Relying Only on Attractive Offers

Housing schemes often use attractive payment plans, low booking prices, and promises of high future returns to attract customers.

While such offers may look appealing, buyers should not make decisions based only on price or expected profit.

A cheaper plot in an unapproved project can become much more expensive if the buyer later faces legal problems. On the other hand, a property in a properly approved project may provide greater clarity about ownership and development.

The key point is that property buyers should first confirm the legal position of the project and then consider its price, location, facilities, and future value.

Sealing Can Affect Development Work

Once a housing scheme is sealed, development activities can be affected. Construction work, marketing activities, and other operations may face restrictions until the relevant legal issues are addressed.

For people who have already purchased plots in such projects, the situation can create uncertainty. They may want to know whether their investment is safe, when development will resume, and whether the developer will be able to meet previous commitments.

The exact outcome can depend on the reasons behind the action and any further steps taken by the developer and the authorities.

Buyers should therefore follow official updates instead of relying on rumours or unverified information circulating on social media.

Need for Better Regulation

The growth of housing schemes around Islamabad shows the strong demand for residential property. At the same time, it also shows why proper planning and regulation are necessary.

Authorities need to make approval information easy for the public to access. Clear information can help buyers identify approved and unapproved projects before investing.

Developers also need to follow the required rules from the beginning. Proper planning can help avoid legal action and provide buyers with greater confidence.

Strong regulation can benefit both the public and the property industry. Buyers get better protection, while responsible developers can operate in a more organised market.

What Buyers Should Do Before Purchasing a Plot

People looking to purchase property near Islamabad should take several basic steps before signing a deal.

First, they should verify the approval status of the housing scheme with the relevant authority. Second, they should check whether the specific block and plot are included in the approved plan.

Third, buyers should verify land ownership and related documents. They should also understand the terms and conditions of the sale agreement before making payments.

It is also important to keep receipts, booking documents, agreements, and other records related to the transaction.

Most importantly, buyers should avoid making decisions under pressure. Property is a major financial investment, and taking extra time to verify the facts can prevent serious losses.

CDA Action Sends a Clear Message

The sealing of the housing scheme near Bani Gala shows that development projects in and around Islamabad remain subject to regulatory requirements.

For the authorities, such action is a way to enforce planning rules and address development that does not meet the required conditions. For property buyers, it is a reminder that attractive locations and investment promises should not replace proper legal checks.

The case also highlights the need for greater awareness among people entering the property market. Many buyers may not fully understand the difference between a housing scheme that is properly approved and one that is still waiting for permissions or has legal issues.

As Islamabad continues to expand, property development will likely remain an important part of the city’s growth. However, this growth needs to take place through proper planning, legal approvals, and responsible development.

For anyone considering buying property near Bani Gala or in another area around Islamabad, checking the official status of the project should be one of the first steps.

The CDA’s latest action provides another reminder that buyers should not judge a housing scheme only by its location, advertisements, or promised facilities. Legal approval, land ownership, development plans, and official records are equally important.

In the end, careful verification can help buyers protect their money and avoid the difficulties that may arise when a housing project comes under regulatory action.

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Chery Master Pakistan Launches Chery Q at PKR 5.554 Million

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Chery Master Pakistan Launches Chery Q at PKR 5.554 Million

LAHORE, September 18, 2026: Chery Master Pakistan has officially launched the Chery Q, an all-electric compact vehicle, at the Pakistan Auto Show 2026, with a limited-time introductory price of PKR 5,554,000.

As part of the launch offer, customers purchasing the Chery Q during the promotional period will receive a complimentary 7kW home charger worth PKR 100,000.

The launch marks Chery Master Pakistan’s latest move in its expanding New Energy Vehicle (NEV) portfolio. The company has previously introduced the Tiggo 7, Tiggo 8 and Tiggo 9 plug-in hybrid electric vehicles (PHEVs), building what it describes as Pakistan’s largest PHEV lineup within seven months.

With the introduction of the Chery Q, the company is now expanding further into fully electric mobility, targeting consumers looking for an affordable and practical electric vehicle for everyday use.

Designed for Everyday Mobility

Chery Master Pakistan says the Chery Q has been developed to address the growing demand for vehicles that combine space, technology, safety and lower running costs.

The company is positioning the vehicle in the PKR 4.5 million to PKR 6 million price range, where buyers have traditionally had to make compromises between features, interior space, safety and operating costs.

According to Chery Master, the Q aims to combine characteristics normally associated with different vehicle categories, offering the space of a larger vehicle while maintaining a compact footprint.

The vehicle measures 1,811mm in width, has a 2,700mm wheelbase and provides 152mm of rear knee room. It features electric rear-wheel drive and offers a range of technology and convenience features.

These include mobile-app controls, voice commands, 6.6kW Vehicle-to-Load (V2L) capability, six airbags, Level 2 Advanced Driver Assistance Systems (ADAS) with 21 functions, a 540-degree HD camera, automatic parking, and a 15.6-inch 2.5K display with Android Auto and Apple CarPlay.

Focus on Running Costs

The Chery Q is equipped with a 42.7kWh battery and offers a claimed range of up to 400km under the NEDC testing cycle, with an efficiency figure of up to 9.4km per kWh.

Chery Master is particularly highlighting the vehicle’s potential for households with solar power systems.

The company estimates that a typical petrol vehicle driven around 20,000km annually could incur fuel costs of approximately PKR 488,000 to PKR 569,000, compared with around PKR 30,000 for charging the Chery Q using solar-generated electricity. Actual costs, however, would vary depending on fuel prices, electricity rates, driving patterns and solar generation.

The company also pointed to broader developments in Pakistan’s energy and automotive sectors, noting increased EV adoption and the rapid expansion of solar power in the country.

Chery’s Expanding NEV Strategy

The Chery Q launch comes as Pakistan’s automotive market continues to see growing interest in electric and hybrid vehicles.

Chery Master said the company’s New Energy strategy is aimed at making advanced automotive technology more accessible to Pakistani consumers while responding to changing consumer needs, rising fuel costs and the increasing adoption of solar energy.

The company is positioning the Chery Q as an everyday vehicle that can provide lower operating costs while offering modern technology and safety features.

Chery and Master Group Partnership

Chery Master Pakistan is also emphasizing the combination of Chery’s international automotive presence and Master Group’s established local footprint.

According to the company, Chery has been China’s leading automobile exporter for 23 consecutive years, with operations spanning more than 130 countries and a global customer base of over 20 million.

Master Group brings more than 60 years of corporate history and over 40 years of experience in the automotive sector in Pakistan.

The company said its growing local network is intended to provide customers with sales, parts and after-sales support.

Chery Master currently has 14 3S dealerships across eight cities and plans to expand to 20 dealerships across 12 cities within six months.

With the launch of the Chery Q, Chery Master Pakistan aims to further expand its presence in the country’s rapidly developing NEV market by combining electric mobility technology with local manufacturing, distribution and after-sales capabilities.

The Chery Q is being introduced as a new proposition for Pakistani consumers seeking a compact electric vehicle with modern technology, safety features, practical interior space and potentially lower day-to-day running costs.

Mauritius, Jamaica Develop Positions on Western Sahara, Back Morocco’s Autonomy Plan

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Mauritius, Jamaica Develop Positions on Western Sahara, Back Morocco’s Autonomy Plan

NEW YORK: Mauritius and Jamaica have announced developments in their positions on the Western Sahara dispute, with both countries expressing support for autonomy under Moroccan sovereignty as a possible basis for resolving the decades-old issue.

The announcements came during separate meetings with Morocco’s Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Nasser Bourita, on the sidelines of the 81st session of the United Nations General Assembly in New York.

Mauritius’ Minister of Foreign Affairs, Regional Integration and International Trade, Dhananjay Ramful, said his country now considers autonomy under Moroccan sovereignty to be “the most credible solution” to the dispute.

Ramful said Mauritius had recently reviewed its position on Western Sahara during a Cabinet meeting following the adoption of UN Security Council Resolution 2797.

According to the Mauritian foreign minister, his government considers the resolution to be based on pragmatism and believes that autonomy under Moroccan sovereignty offers “the most realistic, fairest and most sustainable solution” to the dispute.

In a separate development, Jamaica’s Minister of Foreign Affairs and Foreign Trade, Kamina Johnson Smith, welcomed Resolution 2797 during talks with Bourita.

A joint communiqué issued following their meeting said Jamaica welcomed the resolution’s support for the UN Secretary-General and his Personal Envoy in facilitating negotiations, taking Morocco’s Autonomy Plan as a basis.

According to the communiqué, Jamaica considers that “genuine autonomy under Moroccan sovereignty could constitute a most feasible solution.”

The communiqué also congratulated Morocco on what it described as its diplomatic efforts to build international support for the Autonomy Plan under King Mohammed VI.

Bourita and Johnson Smith also agreed to continue political consultations between Morocco and Jamaica and coordinate their positions on issues of common interest.

The statements by Mauritius and Jamaica represent developments in the two countries’ respective positions on Western Sahara and add to diplomatic support expressed by a number of states for Morocco’s autonomy proposal.

The Western Sahara dispute remains subject to a UN-led political process, with the United Nations continuing efforts toward a negotiated political settlement.

SECP Urges Builders and Developers to Register as Formal Companies

Usman Yaqoob
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SECP Urges Builders and Developers to Register as Formal Companies

The Securities and Exchange Commission of Pakistan (SECP) has asked builders and developers across the country to register their businesses as formal companies. The regulator says proper registration can help bring more transparency to the construction and real estate sector while also giving businesses a more organised legal structure.

The real estate and construction industry is one of the important parts of Pakistan’s economy. It supports many other businesses, creates jobs, and plays a major role in the development of housing, commercial buildings, roads, and other projects. However, a large number of businesses in this sector still operate without a formal company structure.

The SECP wants builders and developers to move towards a more organised business system. The regulator believes that registering these businesses can improve documentation, increase public confidence, and make it easier for companies to follow legal and financial requirements.

SECP Focuses on Formalising Real Estate Businesses

The SECP has been encouraging businesses in different sectors to operate through proper legal structures. Its latest focus on builders and developers is aimed at making the real estate sector more organised and transparent.

Many construction and property businesses in Pakistan are run by individuals, partnerships, or informal groups. While such arrangements may work for small businesses, they can create problems when projects become larger and involve multiple investors, customers, contractors, and financial institutions.

A registered company has a clear legal identity. It can maintain proper records, enter into contracts, manage its finances through recognised systems, and carry out business activities under a formal structure.

For builders and developers, this can be especially important because property projects often involve large amounts of money and take several years to complete.

Why Company Registration Matters

Company registration gives a business a recognised legal identity. It also makes the ownership and management structure clearer.

For example, a registered company normally has defined directors, shareholders, financial records, and other official documents. This can make it easier to understand who is responsible for the company and how the business is being managed.

For customers, a formal company structure can also provide more information about the business they are dealing with. People purchasing homes, apartments, offices, or commercial plots often make large financial commitments. Having access to basic company information can help improve confidence in the developer.

Formal registration can also make it easier for businesses to work with banks and other financial institutions. Companies with proper records may have a clearer financial history, which can support their efforts to obtain financing for future projects.

Construction Sector Plays a Major Economic Role

Pakistan’s construction and real estate sectors are closely connected with many other areas of the economy.

A single housing or commercial project can create demand for cement, steel, bricks, tiles, electrical equipment, plumbing products, furniture, transport services, and many other goods and services.

The sector also provides employment to engineers, architects, labourers, electricians, plumbers, painters, contractors, property professionals, and many other workers.

Because of this wide economic connection, the SECP considers better business practices in the sector important for overall economic activity.

A stronger formal structure can help businesses operate more efficiently and may also improve confidence among investors and customers.

Benefits for Builders and Developers

Registration as a company can provide several practical benefits for builders and developers.

One major benefit is a clearer business structure. When a company has officially recorded owners, directors, and shareholders, responsibilities can be easier to define.

A registered company may also find it easier to build relationships with banks, suppliers, contractors, investors, and other business partners.

Another benefit is continuity. A formal company can continue operating even when there are changes in its ownership or management. This can be useful for construction businesses that work on long-term projects.

Proper registration can also help businesses maintain financial and corporate records. These records can become important when the company wants to expand, raise investment, enter into partnerships, or take part in larger projects.

Better Transparency in the Property Market

Transparency is a major issue in the property sector because real estate transactions often involve significant amounts of money.

Customers want to know who is developing a project, whether the business is legally registered, and who is responsible for its operations.

A formal company structure can make this information easier to identify.

It can also encourage businesses to maintain proper records and follow applicable rules. This does not automatically guarantee that every project will be successful or that every customer will face no problems, but formal registration provides a recognised legal framework for business operations.

For a sector dealing with homes, commercial properties, land development, and large investments, such a framework can be important.

Encouraging Businesses to Join the Formal Economy

The SECP’s message is also part of the wider effort to increase formal business activity in Pakistan.

Businesses operating within the formal economy can be easier to identify, regulate, and engage with. They can also maintain recognised financial and corporate records.

Formalisation can benefit businesses themselves as well as regulators and customers.

For companies, becoming formal may create new opportunities to expand their operations. It can also make it easier to establish a professional image and work with larger organisations.

For the economy, a larger formal business sector can improve documentation and provide better information about commercial activity.

What Registration Can Mean for Customers

For ordinary property buyers, dealing with a formally registered company can provide a clearer starting point.

Before investing in a property project, customers generally need to examine several things. These can include the developer’s background, project approvals, ownership details, payment terms, development plans, and other relevant documents.

Company registration is one part of this process.

It should not be considered the only factor when deciding whether to invest in a property project. Buyers should still check the legal status of the land and project and carefully review all available documents.

However, knowing that a developer has a formal company structure can make it easier to identify the business and understand its official status.

Formal Companies Can Improve Business Management

Running a large construction business involves managing workers, contractors, suppliers, customers, finances, land, approvals, and project timelines.

Without proper systems, managing these areas can become difficult.

A formal company structure can encourage businesses to establish clearer internal processes. Directors and management can have defined responsibilities, while financial and corporate information can be maintained in an organised way.

This can become increasingly important as a business grows.

A small developer may initially manage projects through informal arrangements, but larger projects require stronger systems. Formal registration can provide a foundation for that growth.

Importance of Proper Records

Record keeping is another important part of formal business operations.

Builders and developers handle contracts, payments, expenses, employee information, supplier details, project documents, and other business records.

Maintaining these records properly can help companies understand their financial position and manage their projects more effectively.

It can also help reduce confusion when there are multiple owners or investors involved in a project.

For customers and business partners, proper documentation can provide greater clarity about the company and its activities.

A Step Toward a More Organised Real Estate Sector

Pakistan’s property market is large and includes residential, commercial, industrial, and land development projects.

As cities expand and the demand for housing and commercial space increases, developers are taking on increasingly large projects.

With this growth comes the need for stronger business practices.

The SECP’s call for builders and developers to register as formal companies reflects this need. The objective is to encourage businesses to move towards a more structured system where ownership, management, and business records are clearly maintained.

This can also support better interaction between developers and other parts of the formal economy.

Registration Can Support Future Growth

For many businesses, formal registration is not only about meeting a legal requirement. It can also support future expansion.

A properly structured company may be in a better position to attract investors, develop partnerships, access financial services, and take on larger projects.

Formal companies can also build a clearer business history over time. This history can become useful when dealing with banks, investors, suppliers, and customers.

For builders and developers planning to expand beyond small projects, having a formal structure can therefore be an important part of long-term business planning.

Need for Awareness Among Developers

One challenge is that some small businesses may not fully understand the benefits and responsibilities associated with company registration.

For this reason, awareness is important.

Builders and developers need clear information about registration procedures, required documents, corporate responsibilities, and ongoing compliance requirements.

The process should be easy for businesses to understand so that smaller developers are also able to move towards formal structures.

Better awareness can help businesses understand that formalisation is not simply an additional burden. It can also provide a foundation for organised growth.

What This Means for Pakistan’s Property Industry

The real estate sector has a major impact on Pakistan’s economy. Changes in this industry can affect construction companies, banks, manufacturers, retailers, workers, and consumers.

Encouraging developers to register as formal companies could help create a more structured business environment.

Over time, wider formalisation may improve the availability of business information and encourage companies to follow recognised practices.

It can also help create a clearer difference between properly documented businesses and informal operators.

For customers, investors, and business partners, greater transparency can make it easier to assess the companies they are dealing with.

Developers May Need to Adapt

For builders and developers currently operating through informal arrangements, the SECP’s message may require changes in the way they manage their businesses.

They may need to organise ownership records, financial information, company documents, and management responsibilities.

Although this may require time and effort, formalisation can help businesses prepare for future growth.

As Pakistan’s economy becomes more digital and business activities become more closely documented, companies with proper structures may find it easier to adjust to new requirements.

A Move Towards Greater Business Formalisation

The SECP’s push for builders and developers to register as companies is part of a broader effort to promote formal business activity in Pakistan.

A formal company structure can provide a clear legal identity, organised management, better record keeping, and stronger links with the formal financial system.

For the real estate industry, these changes can be particularly important because projects often involve large investments and long-term commitments.

At the same time, registration alone cannot solve every issue in the property market. Buyers still need to conduct proper checks before investing, and developers must follow all other applicable laws, approvals, and requirements.

However, encouraging businesses to operate through recognised corporate structures can be an important step towards a more organised property sector.

Conclusion

The SECP has urged builders and developers in Pakistan to register their businesses as formal companies. The move is aimed at encouraging a more organised and transparent construction and real estate sector.

Formal registration can give businesses a recognised legal identity and help them maintain clearer records, define ownership and management responsibilities, and build stronger relationships with customers, investors, banks, and business partners.

For Pakistan’s growing property market, better business structures can support long-term development and improve confidence in the sector.

As more builders and developers move towards formal company structures, the real estate industry can become more organised and better prepared for future growth. For businesses, the move can also open the door to new opportunities while encouraging them to operate with clearer systems and proper documentation.

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Govt Tightens Rules on Supplementary Grant Requests

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Govt Tightens Rules on Supplementary Grant Requests

The federal government has introduced stricter rules for government departments seeking additional funds or moving money from one budget head to another. The Finance Division has revised the procedure for reappropriation, Technical Supplementary Grants, and Supplementary Grants to improve control over public spending.

The new instructions are expected to make government departments more careful when asking for extra funds during the financial year. Under the revised system, departments will have to first check whether their existing budget can meet their needs before asking for additional money.

The Finance Division has also placed limits on requests made after the May 31 deadline. Such requests will only be considered in certain situations, including unavoidable payments due in June and shortages in funds needed for employee-related expenses.

The instructions have been issued for the current and coming financial years and will apply to principal accounting officers, departments, organizations, subordinate offices and accounting offices.

New Rules for Moving Funds

One of the main changes concerns the reappropriation of funds. Reappropriation means moving money from one approved budget head to another when a department needs funds for a different purpose.

Under the new instructions, authorized officers can continue to move funds within the financial powers given to them. However, they cannot reappropriate money from budget allocations that have not yet been released.

This means a department cannot simply show an unreleased amount in its budget and use it as a source for another expense. The funds must be available under the rules before they can be shifted.

The Finance Division has linked these instructions to Article 84 of the Constitution and Section 10 of the Public Finance Management Act, 2019. These legal provisions provide the framework for managing government expenditure and supplementary spending.

The move is important because government departments often face changes in spending needs during the year. A department may have extra money under one head while facing a shortage under another. The new rules allow some flexibility, but they also make it clear that such transfers must remain within approved financial powers.

Special Funds for Ad Hoc Relief Allowance

The Finance Division has also provided additional funds through separate cost centers for the payment of the Ad hoc Relief Allowance 2026.

Principal accounting officers can reappropriate these funds, but only for the purpose of paying the allowance. They must also consult the Expenditure Wing before making such changes.

The permission applies to the third quarter of the current financial year. In simple words, money provided for the relief allowance cannot be freely moved to unrelated expenses.

This restriction is designed to ensure that funds released for a specific purpose are actually used for that purpose. It also gives the Finance Division greater control over how additional funds are used by government offices.

Rules for Employee-Related Expenses

The revised instructions also deal with situations where departments do not have enough money to cover employee-related expenses.

If a department faces a shortage under an employee-related budget head, it can move funds from non-employee-related expenditure on a priority basis.

This can help departments meet important salary and other employee-related obligations without immediately asking the government for a fresh supplementary grant.

However, there is another important condition. The funds released to departments must remain within the quarterly limits set under the Finance Division’s fund release strategy.

Therefore, departments will not have unlimited freedom to move money even when they have a genuine shortage. The transfer must follow the financial limits already established by the Finance Division.

May 31 Deadline Will Be Strict

Another major part of the revised procedure is the May 31 deadline.

Government departments are normally expected to submit their requests within the prescribed time. The Finance Division has now made it clear that requests to relax the May 31 deadline will only be considered in specific cases.

These cases include the adjustment of excess expenditure recorded by Accounts Offices, shortages in employee-related expenditure, and unavoidable payments that become due in June.

However, such requests will not be accepted simply because a department failed to plan its spending properly. The cases must meet the conditions set by the Finance Division.

The relevant expenditure must also be based on orders that were already approved by the competent authority.

This means departments will need to provide a clear reason if they want an exception after the deadline. The new approach is aimed at reducing last-minute requests and improving budget planning.

Tighter Process for Technical Supplementary Grants

The Finance Division has also changed the process for Technical Supplementary Grants.

Under the revised procedure, Principal Accounting Officers must identify resources from other demands before seeking a Technical Supplementary Grant.

They will also have to provide a certificate confirming that an equivalent amount will be surrendered by the concerned officer.

This requirement makes it necessary for departments to first look within their existing budget before seeking additional funds. If resources can be arranged by reducing another allocation, the department is expected to take that route.

The request will then be examined by the Expenditure Wing. After scrutiny, it will be sent to the Budget Wing for further assessment.

This additional checking process means that requests for Technical Supplementary Grants will face more review before any decision is made.

Supplementary Grants Face Even More Restrictions

The rules are stricter for ordinary Supplementary Grants.

The Finance Division has said that requests for additional unbudgeted expenditure beyond the amount approved by Parliament will not normally be considered.

There is, however, an exception for severe natural disasters.

This means government departments cannot routinely ask for additional money simply because their spending requirements have increased beyond the approved budget.

If a department says it needs more funds, it will first have to examine whether the money can be arranged through reappropriation or a Technical Supplementary Grant.

Only when these options are not available can the department move forward with a request for additional funds.

In such cases, the concerned officer will have to provide proper justification. The request will also require recommendations from the relevant wing of the Finance Division.

The process therefore puts greater responsibility on departments to explain why additional funds are necessary and why the requirement could not be managed through the existing budget.

Greater Focus on Budget Discipline

The revised instructions come as the government continues to focus on better management of public finances.

Supplementary grants are used when the government needs to spend money beyond the amount originally approved in the budget. Such funds can be important when unexpected needs arise, but frequent requests can also make budget planning more difficult.

The new rules do not completely stop supplementary grants. Instead, they create stronger conditions for requesting and approving them.

Departments will have to use available resources more carefully and follow the required procedures before seeking additional allocations.

The changes also place more responsibility on Principal Accounting Officers. These officers will have to review their financial requirements and make sure that requests are properly supported.

Why the New Rules Matter

Government budgets are prepared before the start of a financial year. However, actual spending can change because of new requirements, emergencies, salary-related costs and other developments.

For this reason, there is a need for some flexibility in government financial management.

At the same time, uncontrolled requests for extra money can put pressure on the budget. If departments repeatedly spend more than their approved allocations, the government may have difficulty keeping overall expenditure within its financial plans.

The revised rules attempt to balance these two needs.

Departments will still have options when they face genuine financial shortages. They can use reappropriation within their approved powers, seek a Technical Supplementary Grant where allowed, or request additional funds when there is a valid reason.

But each option now comes with clearer conditions.

Departments Must Plan More Carefully

The new instructions are likely to encourage departments to improve their budget planning from the beginning of the financial year.

Officials will need to look more carefully at expected expenses before allocating funds. They will also need to monitor spending throughout the year instead of waiting until the final months to identify shortages.

The May 31 deadline is particularly important in this regard. Since late requests will only be accepted in limited circumstances, departments will have less room to delay their financial planning.

This could also encourage departments to identify possible shortages earlier and make adjustments while there is still enough time to follow the normal procedure.

Role of the Finance Division

The Finance Division will have a stronger role in reviewing requests under the new system.

The Expenditure Wing will examine Technical Supplementary Grant requests before they reach the Budget Wing. This additional review can help determine whether a department has already used its available resources properly and whether the request meets the required conditions.

For Supplementary Grants, departments will also need to provide proper justification when they cannot arrange funds through other available options.

This means approval will depend not only on the amount being requested but also on the reason for the request and the steps already taken by the department.

Rules Apply to Current and Future Years

The Finance Division has made it clear that the revised procedures will apply during the current financial year as well as coming financial years.

The instructions cover a wide range of government offices. These include Principal Accounting Officers, federal departments, organizations, subordinate offices and accounting offices.

As a result, the changes are not limited to one ministry or one type of government spending.

All concerned offices will have to follow the revised procedures when moving funds or seeking additional allocations.

A More Controlled Approach to Government Spending

The latest instructions show a stronger focus on controlling additional government expenditure.

Under the new framework, departments cannot freely use unreleased budget allocations for reappropriation. Requests after the May 31 deadline will only be considered in specified situations. Technical Supplementary Grants will require proof that an equal amount can be surrendered, while requests for Supplementary Grants will face strict limits.

At the same time, the government has kept some flexibility for important needs. Employee-related shortages can be addressed through reappropriation from non-employee expenditure, while unavoidable June payments and severe natural disasters can qualify for special consideration under the stated conditions.

Overall, the revised procedure puts greater responsibility on government departments to manage their approved budgets carefully. Officials will need to justify requests for extra money, follow deadlines and explore available budget resources before seeking additional funds.

The Finance Division’s latest instructions are therefore aimed at making the process of government spending more controlled and organized. By requiring more checks before extra funds are approved, the government intends to keep departments within their financial limits while allowing exceptions for genuine and unavoidable needs.

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easypaisa, Transsion Join Hands to Bring Digital Banking to Millions of Smartphone Users

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easypaisa, Transsion Join Hands to Bring Digital Banking to Millions of Smartphone Users

ISLAMABAD, September 24, 2026: Pakistan’s digital financial landscape is set to receive another boost as easypaisa digital bank and global smartphone manufacturer Transsion have partnered to expand access to digital banking services across the country.

Under the strategic collaboration, the easypaisa app will be pre-installed on more than five million new smartphones sold in Pakistan under Transsion’s popular brands, including Infinix, TECNO and itel.

The partnership is aimed at making digital financial services more accessible to consumers by placing access to banking services directly on their smartphones. Users will be able to discover and access the easypaisa platform from the time they activate their new devices.

The initiative comes as smartphone adoption continues to expand in Pakistan. According to the companies, 3G/4G device uptake has reached 71.6 percent, creating a growing opportunity to use mobile technology to connect more people with formal financial services.

For millions of Pakistanis who remain unbanked or underbanked, smartphones are increasingly becoming an entry point to the digital economy. The partnership between easypaisa and Transsion seeks to build on this trend by integrating financial services into the everyday digital experience.

The agreement was formally signed in Islamabad by Farhan Hassan, Chief Digital Officer at easypaisa digital bank, and Michael Wang, Vice President Global Partnerships at Transsion, in the presence of senior representatives from both companies.

Speaking at the signing ceremony, Farhan Hassan said that the collaboration would help bring financial services closer to consumers.

“At easypaisa, our mission has always been to simplify access to financial services and create opportunities for every Pakistani,” he said, adding that embedding financial services directly onto smartphones could help remove barriers and bring more people into the formal financial ecosystem.

According to Hassan, the partnership represents a step towards accelerating Pakistan’s transition to a more inclusive and digitally enabled economy.

Muhammad Abdul Qadeer, Country Manager, Transsion Pakistan, said the collaboration combines technology, scale and local market understanding to create new digital opportunities for consumers.

He noted that with millions of smartphones reaching Pakistani consumers through Transsion’s brands, providing access to digital financial services such as easypaisa could make financial inclusion a more natural part of the smartphone experience.

The partnership is also expected to support greater customer acquisition, increase app penetration and encourage wider use of formal financial services by combining Transsion’s extensive smartphone distribution network with easypaisa’s digital banking ecosystem.

For easypaisa, the agreement is part of its broader strategy to expand digital financial inclusion through partnerships and technology. The company has been expanding its range of digital banking products and services as it seeks to reach consumers beyond traditional banking channels.

With more than 60 million registered users, easypaisa says it remains focused on serving both its existing customer base and the millions of Pakistanis who continue to have limited access to formal financial services.

The latest partnership with Transsion could further strengthen the role of smartphones as an important gateway to Pakistan’s growing digital economy, bringing banking and financial services closer to consumers across the country.

As digital connectivity continues to expand, collaborations between technology companies and financial service providers are increasingly shaping how Pakistanis access, use and engage with formal financial services.

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