Lahore: The Pakistan Credit Rating Agency (PACRA) has affirmed the ratings of MACPAC Films Limited, acknowledging its stable market position and robust management in the face of economic challenges. The company, a key player in the manufacturing of Bi...
Read More »KCCI Criticizes Minimal Interest Rate Cut by State Bank of Pakistan
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has criticized the State Bank of Pakistan's decision to reduce the policy interest rate by 0.5 percent, arguing that the minor adjustment fails to address the pressing economic challenges ...
Read More »SYS Reports Strong Earnings Growth, Announces Strategic Acquisition
Karachi: System Limited (SYS) conducted its corporate briefing today to discuss the third quarter results for the calendar year 2025 and its future outlook. The company reported a notable increase in earnings per share (EPS) of Rs1.90, marking a 46% i...
Read More »Pakistani Rupee Sees Mixed Performance Against Major Currencies
Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for December 15, 2025, revealing mixed performance of the Pakistani rupee against major global currencies. According to the data from the ...
Read More »Fluctuations in Exchange Rates Observed in Latest State Bank Report
Karachi: The State Bank of Pakistan released its latest report on exchange rates, highlighting the buying and selling rates for various currencies against the Pakistani Rupee. The report provides insights into the weighted average customer exchange ra...
Read More »Karachi: State Bank Releases Latest KIBOR Rates for December 2025
Karachi: The State Bank of Pakistan has announced the latest Karachi Interbank Offered Rate (KIBOR) for December 2025. The new rates reflect minor adjustments across various tenors, providing financial institutions with updated benchmarks for short-te...
Read More »Select Technologies Launches PKR 3.5 Billion Sukuk Amid Shifting Market Dynamics
Lahore: Select Technologies Pvt. Limited, a subsidiary of Air Link Communication Limited, is set to issue its fourth Rated, Secured, Privately Placed, Short-Term Sukuk-IV, valued at PKR 3.5 billion. The issuance comes as the company navigates a comple...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service