Karachi: Fauji Cement Company Ltd (FCCL), Maple Leaf Cement Ltd (MLCF), and Pioneer Cement Ltd (PIOC) are poised to release their earnings for the final quarter of fiscal year 2025, with expectations of varied financial outcomes. FCCL and MLCF are p...
Read More »Al Baraka Bank Partners with PTCL for Data Center Services
Karachi: Pakistan Telecommunication Company Limited (PTCL) and Al Baraka Bank Pakistan Limited have entered into an agreement for colocation services at PTCL's Tier-III Data Center facility. This collaboration aims to provide a secure and reliable env...
Read More »Remittance Surge Triggers Temporary Relief in Pakistan’s Current Account Surplus
Karachi: A surge in remittances from overseas Pakistanis has resulted in a current account surplus of $2.1 billion for Pakistan in the fiscal year 2025, a development not seen in the past 14 years. While the increase in remittances has been welcomed b...
Read More »InDrive’s Intercity Rides Surge as Lahore-Islamabad Route Leads
ISLAMABAD: inDrive, a global mobility platform renowned for its peer-to-peer pricing, has announced a significant four-fold increase in its City-to-City service across Pakistan. The service, which has gained traction among both drivers and passengers,...
Read More »Steel Sector Faces Earnings Decline Amid Demand Slowdown
Lahore: The financial performance of Mughal Iron and Steel Ltd. and Amreli Steels Ltd. is expected to remain under pressure in the fourth quarter of fiscal year 2025, primarily due to a slowdown in demand, according to estimates from JS Global. Mugh...
Read More »Pak-Qatar Asset Management Reports Significant Growth with 117% Increase in Assets
Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has reported a 117% year-over-year increase in its Assets Under Management (AUM) for fiscal year 2025. This growth marks a significant milestone for the company, which is part of Pakistan's l...
Read More »Vivo X200 FE Launches in Pakistan with Cutting-Edge Features
Lahore: The highly anticipated vivo X200 FE, which gained significant attention during its reveal and pre-order phase, is now officially available in stores across Pakistan. Priced at Rs. 219,999, the smartphone offers a compact yet powerful flagship ...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service