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CCP authorizes acquisition of TPL insurance limited by “Jazz International Holding Limited”

CCP authorizes acquisition of TPL insurance limited by “Jazz International Holding Limited”

The Competition Commission of Pakistan (CCP) has authorized the acquisition of M/s. TPL Insurance Limited by M/s. Jazz International Holding Limited from M/s. TPL Corp Limited following a Phase-I review.

Mobilink Bank, HBL Zarai Services partner to strengthen agricultural financing for underserved communities

Mobilink Bank, HBL Zarai Services partner to strengthen agricultural financing for underserved communities

Pakistan’s leading digital microfinance bank, Mobilink Bank has signed a crucial partnership with HBL Zarai Services Limited to advance agricultural financing for underserved communities under the ‘Zarkhez-e’ Asaan Digital Zarai Qarza Scheme.

Mobilink Bank and JazzCash Turn Chaklala Scheme-III Bazar Cashless to Advance PM’s Cashless Economy Vision

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.

SECP Sanctions Additional Pension Funds for Balochistan and Punjab

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.

Veon CEO lauds Mobilink Bank’s 35% green energy transition

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.

Digital economy could contribute up to 7pc to GDP by 2030, highlights OICCI’s latest Digital Report

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

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

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.

BYD Atto 3 Sets a New Standard with 30-Day Delivery in Pakistan

BYD Atto 3 Sets a New Standard with 30-Day Delivery in Pakistan

BYD Pakistan-Mega Motor Company (MMC) introduced a limited time 30-day delivery commitment on BYD Atto 3. This was recently announced through a social media post on BYD Pakistan’s official pages, setting a new benchmark for vehicle delivery timelines in the automotive industry.

SECP licenses first Provincial government-owned life insurer

SECP licenses first Provincial government-owned life insurer

The Securities and Exchange Commission of Pakistan has granted a license to M/s Punjab Life Insurance Company Limited (PLIC), marking the establishment of Pakistan’s first provincial government-owned life insurance company.