Lucky Investments sets new record with Pakistan’s largest mutual fund launch
Lucky Investments Limited has made history by executing Pakistan’s largest-ever mutual fund launch, raising a record-breaking Rs.50 billion during the Initial Public Offering (IPO) of its Lucky Islamic Money Market Fund.
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ABHI Partners with National Foods Limited to Provide Earned Wage Access, Empowering Employees with Financial Flexibility
In a significant step toward financial empowerment, ABHI, an embedded finance platform, has partnered with National Foods Limited (NFL), a multi-category food giant and a global food exporter with a presence in 40 countries, to introduce Earned Wage Access (EWA) for its workforce. This collaboration underscores both companies’ commitment to employee well-being, ensuring greater financial control and stability for NFL employees.
Changpeng Zhao Partners with Pakistan to Accelerate Crypto Expansion
Pakistan has enlisted Zhao Changpeng, widely known as CZ, the visionary co-founder of Binance, the world’s largest cryptocurrency exchange, to spearhead efforts in establishing a globally competitive digital finance platform.
SECP Proposes Reforms to Expedite Issuance of Bonus and Right Shares
The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper seeking public feedback on proposed amendments to the existing regulatory framework governing the issuance of bonus and right shares. These proposed reforms are aimed at significantly reducing the time taken between the announcement of such corporate actions and the actual crediting of bonus or right shares to shareholders’ accounts.
Business Community Lauds Govt’s Tariff Reduction, Eyeing Economic Growth
President Sargodha Chamber of Commerce and Industry(SCCI), Khawaja Yasir Qayyum welcomed the recent announcement of a significant reduction in electricity tariffs by the Prime Minister of Pakistan, Muhammad Shahbaz Sharif.
Retail Transactions Surge by 11%, Volume Hits 2,143 Million
The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q2 FY25,providing summary on payment systems and presenting notable changes in country’s digital payments. Pakistan’s digital payment landscape strengthens as transactions continue to increase in Q2-FY25 aswell. Retail transactions witnessed an 11% increase in volume, reaching 2,143 million, while the valueof…
Easypaisa introduces Digital Insurance marketplace, offering free subscription
Easypaisa digital bank has launched its very own digital insurance marketplace, making insurance more accessible, affordable, and convenient for millions of Pakistanis.
EcoStar Partners with Lahore Polo Club for the EcoStar Super League 2025
Ecostar, part of DWP Group being Pakistan’s leading business conglomerate serving since 1999 with an international footprint, and a leading name in consumer electronics, has officially collaborated with the Lahore Polo Club to present the highly anticipated EcoStar Super League 2025.
ConnectHear Launches AI-Powered Disaster Preparedness Initiative for Pakistan’s Deaf Community at Access.Ability.Tech. Event
ConnectHear, South Asia’s leading assistive technology startup, renowned for its innovative use of AI and optimization in accessibility solutions, officially launched its groundbreaking ‘AI for Inclusive Disaster Response’ project today at its Access.Ability.Tech. event, held in Karachi. The initiative, supported by the GSMA Innovation Fund for Humanitarian Challenges and in partnership with HANDS and Ufone 4G, leverages ConnectHear’s cutting-edge AI technology and virtual interpretation platform to ensure Pakistan’s Deaf community has access to life-saving information and communication during emergencies.
Tetra Pak extends its nutrition partnership with Islamabad United for PSL Season 10
Through this continued alliance, Tetra Pak aims to promote the importance of safe and healthy packaged milk in maintaining an active lifestyle. Islamabad United players will benefit from the high-quality nutrition provided by packaged milk, aiding in muscle recovery and overall fitness during the intense PSL season 10.