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Zafar Masud Proposes Welfare GDP Framework for Pakistan

Zafar Masud Proposes Welfare GDP Framework for Pakistan

Bank of Punjab President and CEO Zafar Masud has proposed a roadmap for developing a Welfare GDP measure in Pakistan by combining indicators such as Gross National Disposable Income, per capita growth and distribution-weighted growth. During a lecture at the Islamabad Policy Research Institute, it was highlighted that Pakistan’s economy grew 3.7%, while household-level benefits were not widely felt. Data from FY21 to FY25 showed headline GDP growth of 18.8%. Reforms were proposed in fiscal accounting, agriculture, SMEs, capital markets, productivity and long-term policy predictability.

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Jazz and iTechnology Launch Driver App

Jazz World Enterprise Solutions has signed a strategic Memorandum of Understanding with iTechnology to launch Driver, a new ride-hailing platform. The service will allow passengers to book cars, motorcycles and rickshaws. Jazz network users, including passengers and drivers, will be able to access the Driver app without consuming mobile data. The zero-data facility aims to improve accessibility and support wider adoption of digital mobility services in Pakistan.

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Synergy Group Wins Seven Dragons

Synergy Group secured seven Honors at the Dragons of Pakistan 2026 Awards, earning three Gold, two Silver and two Bronze Dragons. The awards recognized campaigns developed by Synergy Advertising and Synite Digital for Pakistan State Oil and KFC Pakistan. Synergy Advertising won five awards for PSO’s Safety Starts Young, Made in Pakistan and Blaze Xtreme campaigns. Pakistani entries were evaluated by independent international judging panels through a merit-based process.

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Pakistan-Made Suzuki Cars Enter Brunei

Pakistan’s auto industry has achieved a major export milestone as Pak Suzuki Motor Company-made Alto and Every models were launched in Brunei. Suzuki said this marks its first export from an overseas production base of models matching the body size and engine specifications of Japanese mini-vehicles. The launch expands Suzuki’s automobile lineup in Brunei. Distributor Boustead will also begin selling Suzuki motorcycles in the country around autumn 2026.

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