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Rawalpindi Rolls Out 45 Electric Buses
The new electric bus service launched in Rawalpindi by CM Maryam Nawaz introduced 45 buses (out of a planned 80-bus fleet) to operate on four key routes. These buses offer significant upgrades over traditional transit, featuring air-conditioning, free Wi-Fi, charging ports, and wheelchair accessibility. The standard fare is Rs 20, but the service prioritizes social welfare by offering free travel for women, the elderly, and children with special needs. This initiative is positioned as a part of a broader infrastructure improvement plan for Punjab.
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Lahore Development Authority Plans Commercialization of Six Key Roads
The Lahore Development Authority (LDA) has finalized a plan to commercialize six major roads in Lahore to support the city’s growing commercial activities. Roads included are Sabzazar Liaquat Chowk to Multan Road, College Road to UET Roundabout, Defence Road to Kahna, GT Road to BRB Canal, LOS Road from Ferozepur Road to Multan Road, and Barki Road from Ring Road to BRB Canal. This move aims to create designated business corridors that meet increasing urban demand. Public feedback was sought, and enforcement teams also worked to remove illegal constructions in Johar Town to ensure proper urban development management.
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RWP Ring Road cost rises, deadline extended
The cost of the Rawalpindi Ring Road has increased from Rs33 billion to Rs50 billion after revising the project design, mainly to expand the crucial Thallian Interchange that links the road to the motorway. As a result, the completion deadline has been pushed from December 2025 to March 2026, even though officials say around 70% of work on the 38.3km route is already finished and still expected to transform regional traffic flow and future economic development along the corridor.
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From Niche to National Powerhouse: The Story Behind Meezan Bank's Dominance
Meezan Bank, positioning itself as "the Premier Islamic Bank," has achieved a meteoric rise in Pakistan's financial sector. Conceptualized in the mid-1990s by its Founding CEO, Irfan Siddiqui, the bank faced an uphill battle introducing and developing Shariah-compliant Islamic banking in a conventional market. Through strategic execution and unwavering commitment to its $Riba$-free model, Meezan successfully built a powerful reputation and vast scale. Today, it stands among the top five banks in Pakistan, representing a significant paradigm shift and a definitive corporate success story.
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Pakistan's Digital Leap: The Unassailable Uptake of Digitalisation
Despite persistent user complaints about poor experience, the adoption of digital financial services in Pakistan is experiencing an unassailable boom. As of FY25, digital platforms have over 123 million registered users. Mobile banking is driving high-value transactions, surging 80% to Rs 83.2 trillion and processing more volume than all other digital channels combined. The biggest breakthrough is in throughput digitization, where the digital share of scheduled bank retail transaction value reached a record 21.7%. The primary challenge now is capitalizing on this momentum to digitize the complex business-to-business (B2B) payment universe.
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Islamabad Food Authority Sets Hard Deadline for Restaurants
The Islamabad Food Authority (IFA) has instructed all food outlets to complete their official registration by November 30. Starting December 1, the IFA will launch a strict enforcement campaign, conducting daily inspections. Any establishment found operating unregistered after the deadline will be sealed and heavily fined, according to Deputy Director Dr. Tahira Siddique. Business owners are urged to register immediately to prevent closure.
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Federal Ministers Oppose PTA Tax on Mobile Phones
Federal government ministers are openly opposing the "excessive" mobile phone tax imposed by the PTA. The opposition includes a claim that even the PTA leadership is against the high tax burden. Critics warn the tax is restricting digital access for millions and slowing the country's technological progress. The Standing Committee on Finance has been urged to review the tax regime.
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