Islamabad Advances Cashless Economy With Raast QR Code System Across City
Islamabad begins citywide rollout of Raast QR-code payment system covering commercial centres, malls, markets, and transport services as part of Pakistan’s first fully cashless city initiative.
MoITT and ADB Launch Pakistan’s Digital Roadmap to Boost AI Innovation and Economic Growth
The Ministry of IT, in collaboration with ADB, unveiled a comprehensive Digital Sector Roadmap for Pakistan, aiming to drive economic growth through AI, digital infrastructure, and governance. The announcement marks a significant step towards a Digital Pakistan by 2035.
PTCL Reports Rs1.22 Billion Loss Despite 12.6% Revenue Growth in Nine Months of 2025
PTCL reported a net loss of Rs1.22 billion for the nine months ended September 2025, reversing last year’s profit despite a 12.6% revenue increase. Higher operating costs and a one-time pension expense impacted profits, though core operations showed strong growth.
Naveed Sultan Urges National Digital Policy for Pakistan to Unlock Fintech Growth and Global Competitiveness
Naveed Sultan, Professor at Imperial Business School and former Citigroup executive, calls for a national digital policy to drive fintech growth, e-governance, and financial inclusion in Pakistan, highlighting the need for an integrated and strategic approach to digital transformation.
PBA Chairman Zafar Masud Calls for Breaking Data Silos, Unveils Plans for Financial Data Exchange
PBA Chairman Zafar Masud unveils plans for a national financial data exchange to break institutional data silos and enable inclusive, digital finance in Pakistan.
PM Initiates Major Push Towards Cashless Economy with Three High-Level Committees
Prime Minister Shehbaz Sharif launches three expert committees to fast-track Pakistan’s cashless economy, expanding RAAST and forming a national digital master plan for seamless digital transactions.
Driving Innovation: SBOTS-27 Officers Engage with CPEC’s Digital Future
Officers from the State Bank of Pakistan’s SBOTS-27 cohort recently participated in an “Evening Talk” featuring Dr. Hassan Daud Butt, former Project Director CPEC. The session provided invaluable perspectives on the China-Pakistan Economic Corridor’s impact, particularly its implications for digital infrastructure and economic development, crucial for the next generation of financial leaders.