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Microfinance pivots to risk-protected lending

[ ASA Bank, Turaco partner to embed insurance into loans, SBP pushes financial inclusion KARACHI: Pakistan’s microfinance sector is moving beyond its traditional focus on credit disbursement by embedding insurance into loan products, signalling a shift towards “risk-protected lending” in a country with one of the lowest insurance coverage rates globally. The emerging model, enabled … Read more

Aisha Tyler recalls working with Connor Storrie

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Aisha Tyler is looking back at her early experience working with Connor Storrie, long before his breakout success on Heated Rivalry. During a recent podcast appearance, Tyler spoke about filming an upcoming episode of Criminal Minds: Evolution with Storrie, praising his talent and predicting his rise to stardom. “He’s so great, he’s so great! I … Read more

Auto parts makers seek consultations

[ LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) has voiced concern over reports that the draft Automobile & Auto Parts Manufacturing Policy (2026-31) is being forwarded to the International Monetary Fund (IMF) without meaningful consultation with the Engineering Development Board (EDB), parts vendors and other key industry stakeholders. In a statement, … Read more

Putin can meet Zelenskiy: Kremlin

MOSCOW: Russian President Vladimir Putin can only meet Ukrainian President Volodymyr Zelenskiy for the purpose of finalising agreements on the conflict, Russian news agencies quoted Kremlin spokesman Dmitry Peskov as saying on Wednesday. Peskov’s comments on state television, reported by Russian news agencies, came after Ukraine’s Foreign Minister, Andrii Sybiha said Ukraine asked Turkey to … Read more

Governance gap costs billions

[ LAHORE: Every few years, Pakistan finds itself at the edge of an economic breakthrough that never actually arrives. The country has the geography, youth, market size and increasingly the geopolitical relevance, yet foreign investors remain hesitant, the domestic industry stays frustrated and growth continues to punch well below its potential. The question being asked … Read more

Eight Iranian women won’t be executed: Trump

WASHINGTON: President Donald Trump said on Wednesday that Iran had agreed not to execute eight women protesters in a sign of respect for him, while officials in Tehran denied the executions had been planned and accused the U.S. president of spreading falsehoods. “Very good news,” Trump said in a social media post a day after … Read more

BOI ramps up investor outreach in UK

[Federal Minister for Board of Investment Qaiser Ahmed Sheikh, during his visit to London, engaged in high-level interactions with global financial leaders and institutions, underscoring Pakistan's commitment to strengthening international investment partnerships and enhancing professional standards in the financial sector. The meeting, hosted at the headquarters of the Chartered Institute for Securities & Investment (CISI), … Read more

Iran tightens control of Hormuz after US calls off renewed attacks

A billboard about the Strait of Hormuz on a building, amid a ceasefire between U.S. and Iran, in Tehran, Iran, April 22, 2026. PHOTO: REUTERS Iran seized two ships in the Strait of Hormuz as it tightened its grip on the strategic waterway after US President Donald Trump announced he was indefinitely calling off attacks, with no ​sign of peace … Read more