Karachi: Jubilee Life Insurance (JLI) and United Bank Limited (UBL) have joined forces to introduce new insurance products designed to enhance financial security for their clientele. The alliance combines the expertise of Pakistan’s largest private se...
Read More »Pakistan Cement Dispatches Expected To Rise 3% In September Despite Floods
Islamabad: Pakistan's local cement shipments are projected to increase by 3% year-on-year to 3.08 million tons in September 2025, despite a 1% month-on-month decline. This projection, based on 21 days of data showing 2.15 million tons in local sales, ...
Read More »State Bank Data Shows No Floor Set For Institutional Lending On September 22
Islamabad: The State Bank of Pakistan's data for September 22, 2025, reveals a concerning absence of a floor for institutional lending. While the ceiling for such loans was set at 40,100, no lower limit was established. This suggests potential volatil...
Read More »Behbood Certificate Tax Creates Confusion For Small Businesses
Islamabad: The Union of Small and Medium Enterprises (UNISAME) is demanding immediate clarification from the Federal Board of Revenue (FBR) regarding the taxation of income derived from Behbood Savings Certificates (BSC) for the 2024-25 tax year. UN...
Read More »Pakistan Prepares For Carpet Exhibition Amidst Indian Competition
Islamabad: Lahore is gearing up to host the 41st International Carpet Exhibition from October 7-9, 2025, amidst competition from a similar event announced by India. Preparations for the showcase of hand-knotted carpets, organized jointly by the Pakis...
Read More »Bank Of Khyber’s Profit Soars, Interim Dividend Announced Amid Flood Concerns
Islamabad: The Bank of Khyber (BOK) reported a remarkable 2.2-fold year-on-year surge in profit for the first half of the fiscal year 2025, reaching PkR3.4 billion (earnings per share: PkR2.91). This impressive growth was primarily attributed to a 28%...
Read More »Bank Of Khyber’s Profit Soars, Interim Dividend Announced Amid Flood Concerns
Islamabad: The Bank of Khyber (BOK) reported a remarkable 2.2-fold year-on-year surge in profit for the first half of the fiscal year 2025, reaching PkR3.4 billion (earnings per share: PkR2.91). This impressive growth was primarily attributed to a 28%...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service