Karachi: The Hub Power Company (HUBC) is exploring various strategic options to expand its business portfolio and address energy challenges in Pakistan, according to management discussions with CEO Kamran Kamal and CFO Muhammad Saqib. The company is c...
Read More »Saudia Airlines Achieves Eleventh Consecutive IOSA Registration Under New Framework
KARACHI: Saudia Airlines has successfully renewed its IATA Operational Safety Audit (IOSA) registration for the eleventh consecutive time, marking a significant milestone in the airline's commitment to operational safety and quality. The renewal was a...
Read More »Pakistan’s Pharmaceutical Sector Sees Revenue Growth Despite Underperformance
Karachi: The listed pharmaceutical sector in Pakistan reported an 11% year-over-year increase in net revenue for the second quarter of the calendar year 2025, amounting to Rs79 billion. This growth was primarily driven by deregulated non-essential dru...
Read More »MG Pakistan Rewards Loyal Customers with Exciting Lucky Draw Campaign
Lahore: MG Pakistan recently concluded its September Full Payment Lucky Draw Campaign, which aimed to celebrate customer loyalty and timely commitment. The initiative, marking a significant engagement with MG Pakistan’s clientele, highlighted the comp...
Read More »International Handmade Carpet Exhibition in Lahore Attracts Global Buyers
Lahore: The 41st International Handmade Carpet Exhibition has begun in Lahore, drawing a significant number of international buyers. Organized by the Pakistan Carpet Manufacturers and Exporters Association (PCMEA), the three-day event showcases a wide...
Read More »Pakistan’s Currency Exchange Rates Experience Fluctuations
Karachi: The Exchange Companies Association of Pakistan released new data showing fluctuations in currency exchange rates, underscoring the dynamic nature of the foreign exchange market. The U.S. dollar's buying rate was recorded at 281.81 with a sell...
Read More »Karachi Traders Alarmed by Rising Extortion Threats
Karachi: The Korangi Association of Trade and Industry (KATI) President, Mohammad Ikram Rajput, has raised serious concerns over the increasing incidents of extortion targeting traders and industrialists in Karachi. Rajput called on the Sindh governme...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service