Saturday , September 5 2026

Tech

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Billions at stake: PTCL land deals trigger parliamentary alarm

Aftab Maken Islamabad The National Assembly Standing Committee on Information Technology and Telecommunication has questioned the PTCL management over the sale of its prime land in Karachi’s megacity. The Committee asked PTCL to explain under which specific clauses the company is authorized to sell this land. The Committee also summoned …

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2,000MW allocated to fuel Bitcoin mining, AI data centres

Aftab Maken ISLAMABAD In a significant policy shift aimed at monetising surplus electricity and drawing foreign investment, the federal government has earmarked 2,000 megawatts (MW) of power in the first phase of a national plan to support Bitcoin mining and Artificial Intelligence (AI) data centres. The initiative, led by the …

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Monsoon Alert: NDMA predicts heavier rains, rising risk of cloudbursts 

The National Disaster Management Authority (NDMA) has informed the Senate Standing Committee on Climate Change that Pakistan is likely to receive up to 300 millimeters of rain during this year’s monsoon season, with Punjab expecting between 300 to 380 millimeters. The frequency of cloudbursts is also expected to increase. The …

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Pakistan to regulate digital assets and lead in financial innovation

The Ministry of Finance has announced the initiation of a comprehensive strategy to regulate digital assets and accelerate the growth of Pakistan’s virtual asset economy. As part of this strategy, the government has endorsed the establishment of a dedicated body — the Pakistan Digital Assets Authority (PDAA) — tasked with …

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Ufone’s financial fog: Clouding the PTCL-Telenor horizon

Aftab Maken In the bustling world of Pakistani telecommunications, a big story was brewing. Pakistan Telecommunication Company Limited, or PTCL as everyone knew it, had a mobile company under its wing called Ufone. Think of PTCL as a big, older brother and Ufone as the younger sibling, full of energy …

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No major changes expected in auto sector duties in Budget 2025-26

Aftab Maken ISLAMABAD: There is a strong possibility that the federal government will maintain the current slabs of tax and duty on vehicles in the upcoming Budget 2025-26. Despite several proposals under consideration, the current import duties on automobiles are likely to stay unchanged, sources familiar with the development told …

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Digital inclusion or Digital illusion? Jazz faces Rs 50 bn scrutiny

Aftab Maken Jazz, Pakistan’s largest telecom operator, finds itself at the center of a growing controversy amid accusations of using inflated tariffs and poor services to cover its staggering Rs 50 billion spectrum debt. Despite its bold claims of championing “digital inclusion,” industry insiders and internal records paint a different …

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Swift price soars to Rs 4.41m — Will buyers now opt others?

Aftab Maken Pakistan Suzuki Motor Company (PSMC) has once again increased the prices of its popular hatchback, the Suzuki Swift. The latest price hike, effective from April 26, 2025, sees the price of the Swift GL MT variant rise by Rs 80,000. Previously priced at Rs 4,336,000, the Suzuki Swift …

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inDrive Delivery sees record growth

inDrive, the global peer-to-peer ride-hailing and delivery platform, has achieved its highest-ever growth in Pakistan’s delivery services during March 2025, with a record-breaking surge in demand during the week of Eid. As families gathered for iftars, shared Eid gifts, and businesses prepared for one of the busiest retail periods of …

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PCC head meets Malysian FM

In a pivotal step toward strengthening regional cooperation in the digital economy, the Foreign Minister of Malaysia Mohamad Bin Haji Hasan met with Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC), to explore collaborative opportunities in blockchain technology, digital assets, and Shariah-compliant finance. The meeting focused on laying …

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