Mobilink Bank and JazzCash Turn Chaklala Scheme-III Bazar Cashless to Advance PM’s Cashless Economy Vision
Mobilink Bank, Pakistan’s leading digital microfinance bank in collaboration with JazzCash, Pakistan’s leading digital financial services platform, has inaugurated the Chaklala Scheme-III Cashless Bazaar in Rawalpindi, covering 900 shops & carts, accelerating the push towards realizing the Prime Minister’s vision of a cashless economy led by State Bank of Pakistan. This step extends digital financial infrastructure into everyday marketplaces, making transactions simpler while empowering communities.
Editor
SECP Sanctions Additional Pension Funds for Balochistan and Punjab
The Securities and Exchange Commission of Pakistan (SECP) has further advanced Pakistan’s pension reform agenda by approving eight additional pension funds for the Government of Balochistan and one for the Government of Punjab.
Adil Aziz
Islamabad Police Leads Pakistan’s Electric Revolution with BYD NEVs
Global NEV leader BYD, through its official partner in Pakistan, Mega Motor Company, has delivered BYD Atto 2 and BYD Sealion 7 electric vehicles to Islamabad Police, marking the first operational adoption of a new energy vehicle (NEV) fleet by a federal department in Pakistan.
Veon CEO lauds Mobilink Bank’s 35% green energy transition
Mobilink Bank is setting a new benchmark for sustainable banking in Pakistan, rapidly advancing its ESG-led transformation to become the country’s most forward-looking, responsible, and future-ready financial institution. With more than one-third of its nationwide branch network now powered by renewable energy, the Bank is decisively leading the shift toward low-carbon, inclusive finance at scale.
Mehfooz
Pakistan, Norway sign first carbon market deal under Paris Agreement
Pakistan and Norway signed the country’s first bilateral agreement under Article 6.2 of the Paris Agreement, marking a key step towards entering international carbon markets and attracting climate finance.
Digital economy could contribute up to 7pc to GDP by 2030, highlights OICCI’s latest Digital Report
Pakistan’s digital economy has the potential to contribute 5–7 per cent to GDP by 2030 if key structural bottlenecks are addressed and reforms accelerated, according to the OICCI Digital Report 2025, which underscores the sector’s growing role as a driver of productivity, exports and financial inclusion.
SECP mandates MUFAP membership to strengthen investor rotection
The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for all investment advisors and distributors of mutual and pension funds to obtain membership of the Mutual Funds Association of Pakistan (MUFAP).
CCP imposes Rs 265 Million aggregate Penalty on two Cable firms for resale Price maintenance
The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 75 million on Newage Cables (Pvt.) Ltd. and Rs. 190.22 million on GM Cables & Pipes (Pvt.) Ltd, for engaging in Resale Price Maintenance (RPM) practices in violation of Section 4 of the Competition Act, 2010.