Author: yasir

Pakistan’s energy transition stands at a decisive inflection point. Over the past decade, the country has expanded rooftop solar, wind capacity in Sindh, and hydropower generation. Yet the structural flaw in our power system remains unchanged: we generate clean electricity during the day but burn imported fossil fuels at night to meet peak demand. This imbalance is not merely technical — it is fiscal. In FY 2023–24, Pakistan’s fossil fuel import bill accounted for roughly 10.6% of GDP and nearly one-third of total imports. A significant portion of this expenditure is driven by expensive evening peak generation, primarily LNG-based plants…

BYD today unveiled the 2nd Generation Blade Battery and FLASH Charging Technology, directly addressing two of the most persistent obstacles for electric vehicles: slow charging speeds and poor low-temperature charging performance. With these breakthroughs, BYD sets a new world record for charging speed, going from 10% to 70% State of Charge (SOC) in just 5 minutes, meanwhile reaching 97% in only 9 minutes. Even in extreme low temperatures, such as -30°C, the charging duration from 20% to 97% increases by merely 3 minutes compared to room temperature. BYD announced its infrastructure roadmap, with plans to construct 20,000 FLASH Charging Stations…

On the occasion of World Obesity Day, Novo Nordisk and the Ministry of National Health Services, Regulations and Coordination (MoNHSRC) came together to highlight the urgent need for coordinated action to address obesity as a growing public health priority in Pakistan. The joint engagement, held at the Ministry’s premises on 4 March 2026, was attended by Dr. Malik Mukhtar Ahmad Bharath, Federal State Minister for Health, H.E. Maja Mortensen, Danish Ambassador to Pakistan, Hamed Yaqoob Sheikh, Secretary MoNHSRC, Dr Abdul Wali Khan, DG Health, Hasnain Ahmad, Head of Public Affairs, Novo Nordisk, and other senior officials from the Ministry, Embassy…

TCL, Pakistan’s leading consumer electronics brand, has announced the launch of its SaveIN Series Air Conditioner, a smart, energy-efficient cooling solution engineered specifically to address the growing burden of rising electricity bills on Pakistani households and businesses. With electricity prices continuing to climb and peak summer bills becoming increasingly unaffordable for middle-income consumers, TCL has responded with a cooling solution that delivers powerful performance without the heavy energy cost. The SaveIN Series embodies a single, clear promise: Smart Cooling, Smart Savings. The SaveIN Series runs on TCL’s T-AI Energy Saving chip, think of it as a brain inside your AC…

Macter International Limited, one of Pakistan’s leading pharmaceutical companies, and Akhuwat Islamic Microfinance (AIM), a prominent nonprofit organization dedicated to interest‑free microfinance, have joined hands to launch an “Akhuwat & Macter Qarz‑e‑Hassan Project”, in Orangi Town. An MoU signed between the two organizations marks a significant joint commitment to poverty alleviation, economic empowerment, and upliftment of marginalized communities. Under the MOU, Macter will donate PKR 35 million as a revolving credit fund to Akhuwat Islamic Microfinance. These funds will be used for the disbursement of interest‑free loans (Qarz‑e‑Hasan) to deserving beneficiaries in Karachi, with a special branch to be established in Orangi Town, No. 5 for this purpose.…

TECNO, the global AI-driven technology brand, today showcased over a dozen concept devices and technologies to illustrate how smartphones and ecosystems may evolve in the age of AI. From modular designs to edge-side AIGC preview, the showcase demonstrated TECNO’s explorations into device form, user experience, and cultural expression. Rather than individual devices, the showcase presented distinct ecosystems adaptive across scenarios and lifestyles, echoing the theme of the full exhibition – Pioneering the Connection of Intelligence. The concept designs and technologies aim to resolve emerging tensions between technological capability and human-centered design, while establishing new directions for how devices integrate into…

Lucky Investments Limited (“Lucky Investments”) rating has been upgraded to AM2++ with a Stable Outlook by the Pakistan Credit Rating Agency Limited (PACRA). The upgrade reflects the Company’s strong sponsor backing, sound governance framework, experienced leadership, disciplined investment processes, robust risk management systems, diversified product portfolio, and continued digital innovation. Since commencing operations in April 2025, Lucky Investments has crossed PKR 130 billion in Assets Under Management (AUM), achieving over 6% market share in the Islamic asset management segment and approximately 3% share of the overall industry within just ten months — marking it one of the fastest growing AMCs…

The Pak International Business Forum has expressed grave concern over the escalating tensions and conflict in the Gulf region, particularly involving Israel, Iran, and the United States. In a joint statement, Central President Dr. Mushtaq Mangat and Central Secretary General Muhammad Ejaz Tanveer said that the ongoing hostilities are seriously harming the economic interests of countries across the region. They stated that instability in strategically sensitive zones is disrupting international trade corridors, intensifying volatility in global energy markets, and undermining investor confidence. The Forum highlighted that escalating tensions are contributing to rising oil prices, increased freight and insurance costs, and…

BingX, a leading cryptocurrency exchange and Web3-AI company, today announced the launch of its Zero-Fee Carnival, a limited-time campaign offering zero trading fees across selected spot markets. The initiative includes zero fees for newly listed tokens, major spot trading pairs, and spot TradFi assets. Additionally, a new dedicated spot trading Zero-Fee zone for spot trading has been established, offering greater value to users and encouraging the exploration of new market opportunities on the platform. This new zero-fee zone complements the existing zero-fee offerings from ChainSpot on the platform. Starting from March 2, the Zero-Fee Carnival lowers cost barriers across BingX…

Data-related challenges are among the most significant obstacles preventing organisations from producing reliable sustainability information. ACCA’s latest report Sustainability reporting: working with estimates provides practical guidance on how to create sustainability information when data is incomplete, uncertain or unavailable. Organisations are currently working with imperfect data to create sustainability information. When hard figures aren’t available, organisations may use reasonable and supportable information to make assumptions of a present or a future situation, to guide decisions. Aaron Saw, Head of Corporate Reporting Insights – Financial at ACCA said: ‘As sustainability reporting requirements are still evolving, and globally accepted measurement methodologies for…