Lahore: The Bank of Punjab (BOP) reported unprecedented growth in the first half of 2025 during a corporate briefing for analysts and investors. The bank, led by President and CEO Zafar Masud, recorded a 278% increase in operating profit and announced…

Islamabad: Trans World Enterprise Services (Private) Limited (TES) maintains a developing business profile in Pakistan’s telecom sector, specializing in Fiber-to-the-home (FTTH), Tru TV™, and Voice offerings, according to the Pakistan Credit Rating Ag…

Islamabad: The State Bank of Pakistan (SBP) maintained its benchmark policy rate at 11% amid concerns about the economic impact of recent floods. The central bank, in its monetary policy statement, acknowledged the floods as a “temporary yet significa…

Islamabad: The State Bank of Pakistan’s (SBP) decision to hold the policy rate at 11% has drawn sharp criticism from the SITE Association of Industry (SAI), which argues that the move could undermine the government’s economic revival strategy.

SAI P…

Islamabad: Lucky Cement Ltd (LUCK) anticipates modest cement demand expansion in FY26, projecting a 5% rise despite a recent increase in cement shipments. The corporation conveyed this conservative outlook during its Corporate Briefing, where it revie…

Islamabad: Investigations into a staggering Rs 41 billion financial scandal at the Securities and Exchange Commission of Pakistan (SECP) are reportedly stalling, raising serious concerns about accountability and institutional impunity. Despite the Aud…

Islamabad: Bestway Cement Limited (BWCL) announced a significant 73% year-over-year increase in profit for the fiscal year 2025, reaching PkR23.9 billion (EPS: PkR40.0), compared to PkR13.8 billion (EPS: PkR23.1) in FY24. This substantial growth comes…

Islamabad: The State Bank of Pakistan (SBP) has held its benchmark interest rate steady at 11% amidst the ongoing floods, a decision consistent with market anticipations. The Monetary Policy Committee (MPC), in its statement, acknowledged a slight wor…

Islamabad: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Muhammad Aman Pracha expressed his disapproval of the State Bank’s choice to hold steady the benchmark interest rate.

Pracha noted that Pakistan’s lending ra…