AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Aik by BankIslami is set to launch a Shariah-compliant QR payment service for local merchants as part of the Go Cashless Economy Drive initiated by Prime Minister Shehbaz Sharif and the State Bank of Pakistan. The activation campaign will tak...
Read More »OGDC’s Financial Outlook and Production Challenges Discussed in Analyst Briefing
ISLAMABAD: Oil and Gas Development Company Limited (OGDC) held an analyst briefing session to discuss its financial performance and future outlook amidst declining earnings and ongoing production challenges. The company reported a 7% year-on-year dr...
Read More »Thatta Cement Reports Strong Earnings Boosted by Subsidiary Income
Karachi: Thatta Cement Company Ltd (THCCL) presented its financial performance for FY25 and the first quarter of FY26, showcasing a notable increase in earnings per share driven by enhanced income from its power subsidiary. The company reported a stan...
Read More »Exchange Rates Update: Dollar, Euro, and Pound Show Varied Trends in Pakistani Market
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for the open market as of October 31, 2025, indicating varied trends in major foreign currencies against the Pakistani rupee. The US dollar was record...
Read More »State Bank of Pakistan Facilitates Overnight Repo Transactions
Karachi: The State Bank of Pakistan (SBP) facilitated overnight repo and reverse repo transactions for financial institutions on October 31, 2025, according to a press release from the central bank's Domestic Markets and Monetary Management Department...
Read More »Zong to Launch China-Pakistan Lab for Low-Carbon Innovation
Karachi: Zong, a leading information services company in Pakistan, has announced a strategic initiative to establish the China-Pakistan Low-Carbon Intelligent Manufacturing International Joint Innovation Laboratory at NUCES-FAST University in Islamaba...
Read More »Corporate Earnings in Pakistan Show Strong Growth for 1QFY26
Karachi: Corporate earnings for companies listed on the KSE-100 index in Pakistan rose by 13% year-on-year in the first quarter of fiscal year 2026, according to a recent analysis by JS Global. Total earnings reached Rs458 billion, compared to Rs407 b...
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