August 18, 2025

Dawlance Exports First Batch of Single Tub Washing Machines from Pakistan to Bangladesh

Dawlance, a leading home appliance brand and a subsidiary of global giant Beko, has officially exported its first batch of Single Tub Washing Machines from Pakistan to Bangladesh. This achievement marks a significant step in bringing Pakistani innovation to the global market.

A total of 180 units have been shipped in the first phase, with further exports planned in the coming months. This move stems from Dawlance's deep understanding of the Pakistani market, particularly in growing household penetration in the laundry category through locally-relevant solutions. Dawlance's ability to develop products that cater to practical, everyday needs has been key to this expansion.

The product insights were shared with Singer Bangladesh, a Beko subsidiary, where it was tested and validated for the local market. Following positive feedback, the export was initiated, marking a key milestone in cross-market collaboration within the Beko family. The success of the initial export has set the stage for more products to be introduced in Bangladesh.

"This is not just about exporting a product; it's about exporting insight-driven innovation. We're proud to see a Made-in-Pakistan solution find relevance in another market. This is only the beginning of our journey to take local expertise to a global scale," said Umar Ahsan Khan, CEO of Dawlance.

From concept to shipment, this initiative reflects Dawlance's broader vision to transform local expertise into globally relevant solutions. By strengthening regional collaboration and investing in innovation, Dawlance is scaling its export capabilities and contributing to Pakistan's economic growth through value-added trade. The company is also focused on enhancing its production capacity to meet growing international demand.

The export to Bangladesh is part of Dawlance's long-term strategy to strengthen Pakistan's manufacturing footprint in the region and to explore further export opportunities. Dawlance aims to continue providing high-quality, energy-efficient products that meet the needs of diverse markets.

July 18, 2025

CBD Walk: A New Premium Retail & Dining Destination Unveiled in CBD Quaid District in the Heart of Gulberg

The Punjab Central Business District Development Authority (PCBDDA), also known as CBD Punjab, proudly announces the launch of CBD Walk, a distinguished retail and dining destination located in the Quaid District of CBD Punjab, adjacent to a scenic two-acre lake in the heart of Gulberg, Lahore.

 

Spanning across a prime location, CBD Walk offers 16 premium 4-Marla commercial units constructed on a Shell & Core model, providing businesses complete flexibility to customize their interiors according to their unique requirements. Investors can choose between 8 park-facing and 8 lake-facing units, each offering breathtaking views and unmatched visibility in one of Lahore's most prestigious locations.

 

"This project exemplifies our vision of redefining urban commercial development in Punjab," said Imran Amin, CEO of CBD Punjab. "CBD Walk transcends traditional commercial ventures, it's a carefully curated lifestyle destination designed to attract premium retail and dining brands that align with Lahore's evolving urban sophistication. The seamless integration of scenic lakefront views, state-of-the-art infrastructure, and strategic positioning creates an iconic addition to the city's commercial landscape."

 

Strategically positioned in the CBD Quaid District, CBD Walk ensures high footfall, seamless connectivity, and a thriving commercial environment, making it an exceptional investment opportunity for visionary entrepreneurs and established brands seeking to establish their presence in Lahore's most dynamic business district.

 

July 4, 2025

Bank Makramah Limited Accelerates Recapitalization with Major Capital Injections and Strategic Asset Sale, Signaling Robust Future Growth

Bank Makramah Limited (BML) is making significant strides in its recapitalization efforts, reinforcing its commitment to long-term financial stability and growth. This progress is supported by a recent PKR 5 billion deposit from His Excellency Nasser Abdulla Hussain Lootah, BML's esteemed Sponsor.


 This amount, to be recorded as an advance against share subscription pending regulatory approvals, follows his earlier PKR 10 billion capital injection in 2023. In addition, the proposed merger of Global Haly Development Limited, a company owned by the Sponsor, into BML reflects his substantial commitment, which will total PKR 41 billion. The Bank extends its deepest gratitude to the Sponsor for his unwavering support and vision for BML and Pakistan's banking sector. 


In a concurrent strategic move, BML's Board of Directors has approved the sale of Cullinan Tower in Clifton, Karachi, for a confirmed offer of PKR 12 billion. This landmark transaction represents a major step, which will result in significant liquidity and capital gains for the Bank. 

Further bolstering its financial position, the Bank is in the final stage of recovering over PKR 13 billion of its legacy non-performing loans in the near future resulting in a strong impact on its profitability and capital base. 


All of the above initiatives are projected to increase BML's net assets by around PKR 50 billion. This shall further strengthen the Bank's commitment to better serve its customers and play a significant role in the financial sector of Pakistan.

July 1, 2025

Payoneer Hosted “Game Leaders Connect 2025” to Power Global Growth for Pakistan’s Gaming Industry

Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, hosted Payoneer's Game Leaders Connect 2025 in Lahore on June 21, 2025, an exclusive event focused on empowering 75 founders, decision makers and leaders of gaming studios and game app developers to build borderless brands and export-ready global businesses with industry insights and global market strategies and resources.

The event, held under the theme "Scaling Pakistani Game & App Exports: Growth, Monetization & Global Paydays," brought together ambitious founders, product heads, and ecosystem enablers from companies like InvoZone, Euphoria XR, TF Business Solutions, Solvefy, Fishry/Bramerz, and BDigital. Attendees engaged in sessions focused on overcoming real-world challenges of international billing, streamlining cross-border transactions, and building sustainable revenue streams. Payoneer hosted a workshop for developers and digital entrepreneurs to better understand how to leverage the Payoneer platform to accelerate global growth, including through virtual multi-currency accounts in multiple  global currencies, seamless global billing with multiple payments option for payers, and checkout services that remove global payment barriers and enable businesses in Pakistan to thrive in international markets.

"Pakistan is a priority market for Payoneer, and we are a trusted cross-border payments partner to leading game developers, tech companies, and service exporters in the country who leverage our business-grade features and secure platform for cross-border trade," said Nagesh Devata, SVP, Asia-Pacific at Payoneer. "As the gaming industry in the country rapidly expands, projected to reach nearly $1 billion in revenue in 2025 with over 45 million gamers and $158 million in exports, Payoneer is committed to continuing to support the ecosystem by seamlessly connecting Pakistan's SMBs  to the global, digital economy."

The event featured a dynamic lineup of sessions designed to inspire, inform, and engage attendees across topics including:

• Pakistan's $1B Gaming Exports Playbook: Hilal Khan, Chair of IGDA Pakistan, emphasized, "Building a robust ecosystem with streamlined monetization and global collaboration is key to realizing Pakistan's true potential in the international gaming market." He outlined a clear strategic roadmap to help attendees learn how to navigate ecosystem challenges, optimize monetization, and expand cross-border opportunities to scale their gaming businesses in the billion-dollar export sector.

• Scaling Fast, Getting Paid Faster: Talha Fakhar, Founder TF Business Solutions; Furqan Aziz, Founder and CEO of InvoZone; and Ahmad Malik, Co-Founder and CTO of Euphoria XR, had a panel discussion about the realities of dollar-based pricing, investor confidence in global earnings, and the impact of monetization strategies on scalability.

• Additional sessions on Building Borderless Brands and Building Export-Ready Game Dev Teams, led by Badar Khushnood of Fishry/Bramerz and Furqan Aziz of InvoZone respectively, explored how brands can leverage Pakistan's rapidly growing digital audience and social media platforms to reach global markets. Khushnood noted, "Building borderless brands means enabling game creators to scale beyond borders, turning local passion into global engagement. With Payoneer's seamless cross-border payouts, this vision becomes actionable, fueling Pakistan's game development industry to play on
the world stage."

Payoneer serves customers in 190+ countries and regions, leveraging relationships with nearly 100 banking and payment service providers. With approximately two million active customers, Payoneer processed $80 billion in volume in 2024. Payoneer also has approximately 100 customer success managers in 35 countries, speaking over 20 languages, building strong, localized relationships with SMBs to support their global businesses.

June 13, 2025

CBD PUNJAB STRENGTHENS ACADEMIA-INDUSTRY LINKAGES WITH BAHRIA UNIVERSITY STUDENT VISIT

The Punjab Central Business District Development Authority (PCBDDA), also known as the Central Business District Punjab (CBD Punjab), welcomed a delegation of MS Project Management students from Bahria University for an immersive academic visit to its flagship development, NSIT City. The initiative aimed to provide future project managers with first-hand exposure to cutting-edge project execution and management practices in the heart of Punjab's premier business hub.

 

During the visit, the students received comprehensive briefings on CBD Punjab's operational framework and ongoing development initiatives. Detailed sessions were led by Mr. Asif Iqbal, Director of Project Management at CBD Punjab, and Mr. Yasir Saifullah, Project Manager at NSIT City, who shared insights into the strategic planning, execution, and challenges of large-scale urban development projects.

 

A highlight of the visit was a guided tour of the Celestia IT Office Tower, a hallmark of innovation within NSIT City. Here, students observed real-time infrastructure planning and on-ground project execution, gaining valuable practical knowledge that bridges the gap between academic theory and industry realities.

 

This academic-industry collaboration reflects CBD Punjab's commitment to nurturing the next generation of project management professionals. The visit provided an ideal platform for students to engage directly with industry experts, enhancing their understanding of modern project management methodologies and the complexities of urban development.

 

Imran Amin, CEO of CBD Punjab, commented on the occasion: "At CBD Punjab, we believe in empowering the leaders of tomorrow by fostering strong connections between academia and industry. We are proud to open our doors to students and young professionals eager to learn from the transformational projects shaping the future of our country. By providing real-world learning opportunities, we not only enhance academic growth but also inspire and equip the next generation of nation-builders to drive meaningful change."

 

CBD Punjab remains dedicated to supporting educational initiatives and building a skilled workforce capable of delivering innovative solutions for Pakistan's urban future.

June 10, 2025

Zindigi and LDA Launch Plantation Drive to Promote a Greener Future in Lahore

To mark World Environment Day, Zindigi powered by JS Bank and LDA launched a large-scale plantation drive today at LDA Avenue 1 Lahore. The initiative, a part of Zindigi's Corporate Social Responsibility (CSR) efforts, aims to contribute toward environmental sustainability and build a greener Lahore and Pakistan for future generations.
 
The plantation drive was inaugurated by Atif Ishaque, Chief  Business Officer of Zindigi, along with Vice Chairman LDA Mian Marghoob Ahmed and DG LDA Tahir Farooq. Together, the leadership teams symbolically planted the first saplings, marking the beginning of a collective movement to promote environmental responsibility.
 
As the world grapples with the intensifying effects of climate change from rising temperatures to extreme weather events Pakistan stands at a critical juncture. Ranked among the top 10 countries most vulnerable to climate change, it is imperative that immediate and long-term actions are taken to restore ecological balance. Tree plantation remains one of the most effective, nature-based solutions to absorb carbon emissions, improve air quality, reduce urban heat, and preserve biodiversity.
 
DG LDA Tahir Farooq said that the LDA has amended its regulations and made the construction of grey water treatment plants mandatory in one-kanal houses. He emphasized that, with the support of the private sector, development authorities can educate the public and the construction industry to adopt environmentally friendly initiatives and global best practices. DG Tahir Farooq added that the LDA has planted more than 300,000 trees in various schemes with the support of private sector. He appreciated the support of  Zindigi by JS Bank in promoting a greener future.

"At Zindigi, we believe that true business strength lies not just in growth, but in purpose. As we mark World Environment Day, we're not just planting trees, we're planting hope, resilience, and responsibility for future generations." stated Atif Ishaque, Chief Business Officer Zindigi.

On this occasion, Vice Chairman LDA Mian Marghoob Ahmed said that, on the special directions of CM Punjab Maryam Nawaz, the Lahore Development Authority has shifted its focus to promoting eco-friendly initiatives. He said that the LDA, in collaboration with the private sector, is encouraging green buildings, solarization, planned urbanization, and other initiatives to mitigate smog.

This CSR effort by Zindigi not only aligns with UN SDG 13 (Climate Action) and SDG 15 (Life on Land) but also underscores the importance of public-private partnerships in addressing Pakistan's growing environmental challenges. Through this initiative, Zindigi and LDA are setting a precedent for meaningful collaboration that creates lasting, positive change.
 
With this plantation drive, Zindigi reiterates its belief in sustainable innovation—not just in digital finance, but in building a better, cleaner world for the generations to come.

June 5, 2025

Gaming in 2025 Just Got Smarter – TCL’s C6K is the Ultimate Console Companion

If you're a console gamer in Pakistan, your setup isn't complete without a TV that keeps up with your skills, and that's exactly what TCL's new C6K QD-Mini LED TV delivers. Designed to elevate your gaming experience, the C6K brings premium features to the living room at an unbeatable value. Whether you're into fast-paced shooters, FIFA marathons, or open-world adventures, TCL's C6K is built to deliver smooth, responsive, and visually stunning gameplay right out of the box.

144Hz Native Refresh Rate – Game On with Ultra-Smooth Motion
The 144Hz native refresh rate is a standout feature in the C6K, especially in this price segment. This means less motion blur and more precise movement, crucial for competitive gameplay. Pair that with AMD FreeSync Premium Pro and Game Master Mode, and you've got a display that reacts as fast as you do.

Console-Friendly Features That Do the Work for You
Thanks to HDMI 2.1 support and Auto Low Latency Mode (ALLM), the C6K automatically switches to optimal gaming settings the moment it detects your console. Say goodbye to lag and hello to real-time response and high-speed action.

More Than Just Gaming – It's Your All-in-One Entertainment Hub
The C6K isn't just made for gamers, it's your complete home entertainment powerhouse. With Dolby Vision IQ, HDR10+, and Dolby Atmos powered by a premium Onkyo 2.1 Channel Hi-Fi sound system, it delivers stunning visuals and immersive audio for movie nights, binge-worthy dramas, and live cricket like never before. Powered by Google TV, you get instant access to YouTube, Netflix, Prime Video, and more through an effortless, user-friendly interface that fits perfectly into your lifestyle.

Key Gaming Features on TCL C6K:
• 144Hz Native Refresh Rate for ultra-smooth visuals
• 240Hz Game Accelerator for next-level responsiveness
• AMD FreeSync Premium Pro for reduced screen tearing
• Game Master Mode for optimal performance
• HDMI 2.1 & ALLM for faster response times
• Dolby Vision IQ & HDR10+ for immersive visuals
• Now available across Pakistan in 55", 65", 75", 85" and 98" sizes, the TCL C6K QD-Mini LED TV starts at just PKR 224,900, making premium entertainment more accessible than ever for Pakistani consumers.

Ready to Level Up?
If you're ready to upgrade your console gaming experience without breaking the bank, the TCL C6K is the smart choice for 2025. High-performance visuals, gamer-first features, and cinematic clarity — all from Pakistan's trusted name in smart TVs.

Available now at TCL Flagship Stores, leading electronics retailers nationwide, and online at the official TCL Pakistan website: www.tclpakistan.com

June 3, 2025

CBD Punjab's NSIT Silicon Block Notified as Special Technology Zone by STZA


In a significant step toward strengthening Pakistan's high-tech ecosystem, the Special Technology Zones Authority (STZA) has officially notified the NSIT Silicon Block as a Special Technology Zone (STZ). This landmark development positions Punjab at the forefront of the nation's digital transformation and underscores the region's growing appeal to global and local tech investors.

The notification paves the way for the next phase of development, with the ZD License and Development Agreement currently in process. These crucial steps will ensure the timely execution of infrastructure plans and facilitate streamlined investment processes for future projects.

CEO of CBD Punjab, Imran Amin, remarked, "The notification of NSIT Silicon Block as an STZ reflects our unwavering commitment to creating a future-ready ecosystem in Punjab. This move will not only attract global and local tech investors but also foster innovation, job creation, and economic growth. We are working closely with STZA to expedite the next steps, including the ZD license and Development Agreement, ensuring swift and seamless development of the zone."

The NSIT Silicon Block is a flagship initiative under CBD Punjab, envisioned as a cutting-edge technology cluster that will host industries specializing in artificial intelligence (AI), Internet of Things (IoT), blockchain, software development, and R&D labs.

By securing this designation, CBD Punjab strengthens its role as a key driver of economic diversification and technological advancement in Pakistan. The STZ status is expected to catalyze innovation, boost exports, and generate skilled employment opportunities, thereby contributing meaningfully to the national economy.

CBD Punjab continues to set benchmarks for progressive urban development and future-oriented economic planning in the country.

CBD PUNJAB BRINGS STRATEGIC INVESTMENT OPPORTUNITY WITH NSIT RESIDENCIA AUCTION

The Punjab Central Business District Development Authority (PCBDDA), also known as the Central Business District Punjab (CBD Punjab), is all set to hold the auction of premium residential plots in NSIT Residencia this June. Building on the momentum of four previously successful auctions, this latest venture marks another bold step forward in the authority's mission to redefine urban living and development in Punjab.


NSIT City is envisioned as a dynamic urban center comprising three districts  IT, Education and Film districts. Located adjacent to DHA Phase 6 and 7.

NSIT Residencia sits at the heart of this transformative zone, making it a strategic and future-ready investment opportunity offering unmatched accessibility to key locations within Lahore. Positioned as the next sought-after address in the provincial capital, NSIT Residencia combines luxury living with smart city infrastructure, providing investors with an exceptional opportunity.

CBD Punjab is offering four premium plots of up to four kanals each in this prime location. The reserve price has been set at PKR 95 million per kanal, with earnest money fixed at PKR 20 million. To ensure greater ease and accessibility for potential buyers, a flexible three-year payment plan has been introduced, making this an attractive prospect for both local and overseas investors. Applications for the auction must be submitted by June 16, 2025.

Commenting about the upcoming auction, CEO CBD Punjab, Imran Amin, said: "NSIT Residencia is a key part of our vision for a future-ready Punjab. By integrating IT, education and film districts within a single urban ecosystem, we are creating a city of opportunity. This auction is not just a real estate event it's an invitation to invest in the next chapter of Punjab's growth story."
The development of NSIT Residencia is expected to generate a positive ripple effect on the regional economy. From job creation and increased real estate value to improved infrastructure and sustainable urban planning, the auction will contribute significantly to Punjab's socio-economic advancement.
CBD Punjab continues to lead with forward-thinking initiatives that align with the government's vision for a modern, inclusive, and globally competitive Punjab. The upcoming auction of NSIT Residencia reflects the authority's unwavering commitment to building smart, connected, and future-ready urban communities.

May 21, 2025

Karandaaz and GrowTech Partner to Empower Smallholder Farmers through AgriTech and Financial Inclusion

In a strategic move to reshape Pakistan's agricultural ecosystem, Karandaaz Pakistan, an impact investment platform dedicated to driving sustainable economic growth and strengthening financial and social protection systems for inclusion, has partnered with GrowTech, an AgriTech innovator, to expand digital and financial access for smallholder farmers. This collaboration will accelerate the adoption of smart agriculture practices and digital financial tools across underserved regions of Punjab.
GrowTech, recognized for its tech-driven approach to farming, will leverage its digital platform to extend agriculture practice advisory, and access to agri-markets and input suppliers in new geographic areas. The initiative will support farmers in boosting productivity and profitability in an increasingly competitive market.
"This partnership with GrowTech reflects our commitment to harnessing technology and finance to uplift Pakistan's agriculture sector. By reaching farmers where they are – digitally and physically – we're enabling a more inclusive, productive, and climate-resilient agri-economy," said Waqas ul Hasan, CEO, Karandaaz Pakistan.
To further strengthen the link between digital solutions and on-ground support, the project will establish Farmer Facilitation Centres in two new regions of Punjab. These centres will serve as community hubs, offering in-person assistance, digital training, and capacity-building programs. Local leaders will also be engaged through digital marketing and e-commerce workshops, ensuring widespread adoption and empowerment.
Recognizing logistics as a key enabler in agricultural success, the partnership will foster new alliances with local logistics providers to streamline supply chains. Farmers will benefit from more reliable and timely distribution networks, enhancing their market reach and operational efficiency.
A key element of the partnership is piloting the provision of financing to farmers leveraging electronic warehouse receipts allowing them to store their agriculture produce and use it to alleviate their capital constraints. Furthermore, in order to benefit female farmers, livestock and health advisory is also being integrated onto the digital platform.
"Through its partnership with Karandaaz, Growtech is digitally transforming agriculture by empowering farmers, especially smallholders and women, expanding rural market access, and building Pakistan's leading platform for inclusive, sustainable, and technology-driven farming growth," said Faisal Bilal, CEO, Growtech.
"Karandaaz is committed to driving financial inclusion, and agriculture remains one of the most financially underserved sectors in Pakistan while being the cornerstone of Pakistan's economy. As part of this mission, Karandaaz is actively partnering with agritech firms, financial institutions (FIs), and fintech companies to ensure inclusion at the last mile. With our support and GrowTech's proven expertise, we aim to deliver a comprehensive and commercially sustainable suite of financial services and agriculture advisory solutions to cater to the specific needs of the smallholder farmers across Pakistan." said Sharjeel Murtaza, Chief Digital Officer (CDO), Karandaaz Pakistan.
The project is expected to impact tens of thousands of farmers, creating a replicable model for future AgriTech and financial inclusion partnerships in Pakistan.

 

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