Karachi: The latest figures from the Exchange Companies Association of Pakistan indicate a shift in currency exchange rates, reflecting ongoing economic uncertainties. According to the data released on November 5, 2025, fluctuations were recorded in s...
Read More »Diplomats Gather in Karachi to Chart Path for Sustainable Tourism
Karachi: In a significant move to promote sustainable tourism, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), in partnership with the Islamic Chamber of Commerce and Development (ICCD) and Al Baraka Bank Pakistan, hosted a high-...
Read More »Waves Home Appliances Reports Mixed Financial Performance Amid Market Dynamics
Karachi: Waves Home Appliances Ltd. (WAVESAPP) presented its financial results for the fiscal year CY24 and the first nine months of CY25 during an analyst briefing, highlighting a mixed performance in revenue and earnings. The briefing outlined key f...
Read More »Waves Corporation Projects Positive Outlook Amid Earnings Growth
Karachi: Waves Corporation Ltd. (WAVES) conducted an analyst briefing to discuss its financial performance for CY24 and the first nine months of CY25, revealing mixed results and a positive outlook. The company reported a 24% year-on-year decline in n...
Read More »Cherat Cement’s Earnings Surge Despite Sales Decline
Karachi: Cherat Cement Company Ltd. (CHCC) announced record annual earnings for fiscal year 2025, reaching PkR8.7 billion, marking a 58% increase from the previous year's PkR5.5 billion, according to an analyst briefing by AKD Securities Limited. This...
Read More »CPEC Phase II: A Shift Toward Economic Self-Sufficiency
KARACHI: Mian Zahid Hussain, a prominent business leader, highlighted the transformative potential of the China-Pakistan Economic Corridor (CPEC) Phase II during a recent address. As the President of the Pakistan Businessmen and Intellectuals Forum an...
Read More »PACRA Elevates MCB Government Securities Fund’s Rating Amidst Strategic Sovereign Investments
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced an upgrade in the stability rating of the MCB Government Securities Fund, elevating it from AA- to AA. The fund, characterized by its moderate risk profile, is tailored for invest...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service