Author: yasir

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…

Pakistan’s leading digital microfinance bank, Mobilink Bank, has entered into a five-year partnership with Sindh Enterprise Development Fund (SEDF), Government of Sindh, to expand access to structured financing for micro, small, and medium enterprises (MSMEs) across priority economic sectors in the province. The collaboration will unlock up to PKR 1 billion in financing by combining Mobilink Bank’s lending capabilities with SEDF’s markup subsidy support to reduce the cost of capital for entrepreneurs and stimulate sustainable economic activity province-wide.The collaboration strengthens financing ecosystems for underserved and high-impact sectors, including agri value chains, livestock and dairy, poultry, fisheries, cold storage and logistics,…

Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has announced another landmark eco-friendly initiative with the allocation of 55.9 acres for green area at CBD NSIT City which is being developed as Pakistan’s premiere and largest IT city. This strategic development underscores CBD Punjab’s commitment to balancing rapid urban growth with environmental sustainability. The green area will be developed in three phases. The first phase will cover 42 acres, followed by 6.5 acres in the second phase and 7.4 acres in the third phase, where extensive plantation and park development activities will…

OPPO, a global leader in smartphone innovation, has officially announced its partnership with Peshawar Zalmi as the Official Technology Partner for HBL PSL 11. Through this partnership, OPPO aims to support Pakistani cricket and connect directly with the youth and passionate cricket community through the power of technology and sports. OPPO has established itself as a global leader in smartphone innovation, particularly in mobile imaging, AI integration, smooth performance & most durable battery along with sleek product design, with a strong international presence spanning Asia, Europe & the Middle East, with a user base that extends across numerous markets worldwide.…