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Chinese fintech eyes SMEs, digital finance

[ . Federal Minister for Investment and Board of Investment (BOI) Chairman Qaiser Ahmed Sheikh ISLAMABAD: Minister for Board of Investment (BOI) Qaiser Ahmed Sheikh on Wednesday met a delegation of Fintopia China, a global FinTech enterprise, to discuss opportunities for strengthening digital financial services in Pakistan. The minister reaffirmed that Pakistan and China remain … Read more

66,154 air travellers offloaded this year, FIA tells NA body

Says curbs on travelling of beggars, illegal migrants; NA committee orders promulgation of clear SOP Inspector General of Police Sindh Riffat Mukhtar. PHOTO: FILE ISLAMABAD: The Federal Investigation Agency (FIA) has revealed before a parliamentary panel that it off-loaded 66,154 passengers this year to curb organised gangs of beggars and illegal immigrants from travelling abroad. … Read more

Economic risks remain high despite policy calm

[ Industry leaders point to vulnerabilities stemming from geopolitical tensions, unresolved local issues Income tax collection was about Rs335 billion more than the target, offsetting the impact of missed sales tax and customs duty targets. photo: file LAHORE: Despite relative calm on the policy front, Pakistan’s economy continues to face serious risks stemming from both … Read more

UK to rejoin EU Erasmus programme

. LONDON: Britain is to rejoin the European Union’s popular Erasmus student exchange programme almost five years after leaving the scheme following Brexit, a joint UK-EU statement said on Wednesday. “The UK has successfully agreed terms to join the Erasmus+ programme in 2027, widening opportunities for young people from all backgrounds, learners, educational, youth and … Read more

Mauritius calls for revival of trade pact

[ High Commissioner of Mauritius, Munsoo Kurrimbaccus. Photo: (file) LAHORE: The High Commissioner of Mauritius, Munsoo Kurrimbaccus, has said Pakistan’s global image does not reflect the reality he observed during his visit, noting that the country is far more beautiful than portrayed and that he will work to present its positive image internationally. According to … Read more

Undefeated boxing great Crawford announces retirement

LOS ANGELES: Undefeated world super middleweight champion Terence Crawford announced his retirement from boxing on Tuesday, hanging up his gloves three months after a career-defining victory over Saul “Canelo” Alvarez. The 38-year-old from Nebraska, who dominated Mexican legend Alvarez in Las Vegas in September to claim the undisputed super middleweight crown, announced his decision in … Read more

Russia preparing for new ‘year of war’

Ukrainian president statement comes after Putin said Moscow will ‘certainly’ achieve its objectives Russia President Vladimir Putin observes a minute of silence during an expanded meeting of the Defence Ministry Board at the National Defence Control Centre in Moscow. Photo: AFP KYIV: Ukrainian President Volodymyr Zelensky said Wednesday Russia was preparing to wage a new … Read more

PSX falls 133 points in choppy trading

[ KARACHI: Trading remained choppy on Wednesday at the Pakistan Stock Exchange (PSX) as the market struggled to find clear direction amid a mix of positive economic developments and sector-specific concerns. The benchmark KSE-100 index ended slightly in the red, reflecting investor caution and a consolidation phase following the recent upside. The index oscillated between … Read more

Govt asks ADB for power debt support

[ Leghari seeks financing for reforms as Cheema presses for continued backing of ML-1 project Energy Minister Awais Ahmad Leghari. PHOTO: FILE ISLAMABAD: Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has sought the Asian Development Bank’s (ADB) support in addressing power sector debt repayment challenges and in building confidence among private investors. … Read more