LemFi – SindhTribune.com

Fintech startup LemFi raises $53M to help immigrants send money home

January 15, 2025

Asia’s growth and trade are ‘resilient,’ says head of China-led AIIB
TOKYO — The head of the China-led Asian Infrastructure Investment Bank (AIIB) is optimistic about the resilience of Asia’s economic growth despite global uncertainty stemming from the U.S.-China trade war and Washington’s turn away from international cooperation. Jin Liqun, president of the investment bank, was speaking at Nikkei’s Future of Asia forum, which kicked off…
Boat capsizes in Indus River, two people still missing
KOHAT: A boat carrying passengers capsized in the Indus River near Khushal Garh area of Kohat, resulting in nine people falling into the water. The rescue teams managed to save seven individuals, while two remain missing. The successful rescue of seven people was made possible with the assistance of local divers. Rescue teams from Khyber…
Sons fulfill 90-year-old father’s wish for second marriage
SHANGLA: in a rare event, four sons in Shangla arranged the wedding of their 90-year-old father, Maulana Saifullah, fulfilling his long-standing wish to remarry.The story has captured widespread attention both locally and across social media platforms, with many praising the family’s gesture. Saifullah’s first wife passed away seven years ago, after which he expressed his…
Rain and thunderstorm expected in upper parts of country
ISLAMABAD: The Pakistan Meteorological Department (PMD) has forecast rain and thunderstorm in Islamabad, upper Khyber Pakhtunkhwa, Punjab, Kashmir, and Gilgit-Baltistan this evening. According to the PMD, heavy rainfall and hailstorms are also likely at isolated locations. However, hot and dry weather will continue to grip most plains across the country. During the past 24 hours,…
Bangladesh offers to buy more US cotton and oil, Yunus says
TOKYO — Threatened with a 37% tariff on its exports to the U.S., Bangladesh has proposed buying more American cotton, oil and gas, and will use the offer in trade talks with the Trump administration, interim leader Muhammad Yunus told Nikkei Asia in a meeting on Thursday. The interview was held on the sidelines of…
Mercury to rise above 40°C as heatwave grips Karachi
KARCHI: The city is currently in the grip of a severe heatwave, with weather conditions expected to remain extremely hot and dry starting on Thursday. According to forecasts, the mercury may surpass 40 degrees Celsius, raising concerns over public health and safety. Authorities have advised citizens to take special precautions during the hot spell, warning…
PM calls for global attention to emerging challenges
LACHIN (AZERBAIJAN): Prime Minister Shehbaz Sharif has called on the international community to closely examine the evolving challenges faced by United Nations peacekeeping missions, reaffirming Pakistan’s unwavering support for efforts aimed at strengthening global peace operations. In his message on the International Day of United Nations Peacekeepers, being observed today, the Prime Minister highlighted critical…
Vietnam’s THACO bids to build and operate a $61bn high-speed railway
TOKYO — One of Vietnam’s biggest automakers has stepped up with a plan to be the lead builder of a government-proposed high-speed railway covering much of the country’s coast. Truong Hai Group, commonly known as THACO, says it will invest in a $61 billion high-speed railway project, becoming the second major Vietnamese corporation to announce…
US to ‘aggressively revoke’ Chinese and Hong Kong student visas
NEW YORK/WASHINGTON — U.S. President Donald Trump’s administration intends to cancel visas of Chinese and Hong Kong students and enhance scrutiny of future visa applications from these jurisdictions. In a press statement, the State Department said it will work with the Department of Homeland Security to “aggressively revoke visas for Chinese students, including those with…