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 by…
MADRID: Filipina star Alexandra Eala enjoyed a strong start to her Madrid Open campaign on Wednesday, moving past Russian qualifier Anastasia Pavlyuchenkova 6-3, 6-3 to reach the second round at the event for the third straight year. The 44th-ranked lefty needed one hour and 31 minutes to dismiss Pavlyuchenkova, who was a semi-finalist in the…
Bayern Munich forward Harry Kane scored the opener as his side sank Bayer Leverkusen in the German Cup semi-finals. Photo: AFP LONDON: Harry Kane and Luis Diaz scored as Bayern Munich won 2-0 at Bayer Leverkusen on Wednesday to reach the German Cup final for the first time since 2020. Just three days after Bayern…
Directs more effective pre-emptive strategy by this year to address illegal encroachments along river paths Prime Minister Shehbaz Sharif chairs a meeting to review preparations for the upcoming monsoon season. PHOTO: PID Prime Minister Shehbaz Sharif on Thursday ordered an inquiry into the non-functional early weather warning systems in Gilgit-Baltistan (G-B), expressing anger over their…
Expands focus beyond infrastructure financing to fiscal reforms, women’s economic inclusion, critical minerals The Asian Development Bank (ADB) increased its financial commitments to Pakistan in 2025, approving $3.672 billion, which is 22 per cent higher than the $2.995 billion recorded in the previous year. The expansion reflects the bank’s growing engagement in new sectors,…
Erling Haaland sent Manchester City top of the Premier League. Photo: AFP LONDON: Manchester City edged ahead of Arsenal at the top of the Premier League as a 1-0 victory at Turf Moor condemned Burnley to relegation on Wednesday. The defeat confirmed the Clarets’ third Premier League relegation in five seasons, consigning them to the…
Union Berlin manager Marie-Louise Eta is coaching her first away match against RB Leipzig on Friday. Photo: AFP LONDON: RB Leipzig’s home Bundesliga clash with Union Berlin on Friday has the two sides chasing different season goals, while showing the changing face of the game. Third-placed Leipzig can take a massive step towards returning to…
Police report private security guards stationed at the site put up resistance, leading to a heavy exchange of fire A mining shovel loads a mining truck at the Los Bronces copper mine PHOTO: Reuter QUETTA: Unidentified armed men launched a deadly assault on a copper and gold mining project in the Chagai district of Balochistan…
ISLAMABAD: Pakistan has assured the International Monetary Fund (IMF) that it would review more than 2,660 non-tariff barriers that discourage imports, and many of these will be removed soon, including those restricting the import of mobile phones and cars. In yet another major concession agreed with the IMF under the $7 billion bailout package without…
Cristian Chivu could win his first Serie A title as a coach this weekend. Photo: AFP/File LONDON: Inter Milan could have their first chance to seal the Serie A title on Sunday as the champions in waiting take on Torino while Napoli and AC Milan try to push back the celebrations by at least one…