AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: In a groundbreaking development in Pakistan's telecommunications landscape, the Competition Commission of Pakistan (CCP) has sanctioned the acquisition of Telenor Pakistan by Pakistan Telecommunication Company Limited (PTCL). This pivotal a...
Read More »Pakistan’s poverty reversal: A call for people-centred structural reforms
Islamabad: In a stark revelation, Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has highlighted a troubling increase in poverty, as reported by The World Bank. The report points to policy failures and the breakdown of an uns...
Read More »Nishat Mills Sees Profit Growth But Falls Short Due to Heavy Taxation
Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...
Read More »Mobilink Bank and TPL Life Join Forces to Deliver Urgent Healthcare in Flood-Hit Regions
Karachi: Pakistan's prominent digital microfinance entity, Mobilink Bank, has teamed up with TPL Life, a digital insurance company, to provide vital healthcare services to communities devastated by floods in Punjab. This partnership has led to the est...
Read More »Power Sector Debt Relief: OGDCL Receives Third Interest Payment from Power Holding Limited
Islamabad: In a significant development towards alleviating the circular debt crisis in Pakistan's energy sector, the Oil and Gas Development Company Limited (OGDCL) has secured the third installment of interest payment from Power Holding (Private) Li...
Read More »Nishat Mills Earnings Disappoint: Lower Sales and Higher Taxes Impact Profits
Lahore: Nishat Mills Limited (NML) reported a less-than-expected financial performance for the fourth quarter of fiscal year 2025, with earnings per share (EPS) at Rs3.34. This marks a 15% increase year-on-year, but falls short of industry predictions...
Read More »inDrive’s Helmet Initiative Spotlights Urgent Road Safety Needs Across Pakistan
Lahore: inDrive, a prominent global mobility service, has declared an ambitious commitment to distribute 15,000 helmets nationwide, marking a significant step towards enhancing road safety in Pakistan. This initiative, launched in partnership with the...
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