KARACHI: The Pakistan Stock Exchange experienced a decline in key indices on Thursday, with both the KSE30 and KSE100 ending the day in the red. The KSE30 closed at 50,467.16, marking a decrease of 456.01 points, or 0.90 percent, from its previous clo...
Read More »Currency Exchange Rates See Subtle Shifts Amid Economic Uncertainty
Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating slight changes in various foreign currencies against the local currency. The U.S. dollar was recorded at 281.61 for buying and 282.15 fo...
Read More »Mobilink Bank Named ‘Best in Industry – Banking’ at Prestigious Awards
Islamabad: Mobilink Bank, a prominent digital microfinance bank in Pakistan, has been honored with the title of 'Best Place to Work' in the banking sector at the Best Place to Work Pakistan Awards 2025. The awards are an initiative of the Pakistan Soc...
Read More »PTCL Group and PPAF Expand ‘Ba-Ikhtiar’ Initiative to Empower Over 2,300 Women
Dubai: PTCL Group, in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), has announced the expansion of its Ba-Ikhtiar initiative at the GITEX Global 2025 event in Dubai. The initiative aims to empower more than 2,300 women in 23 flood-a...
Read More »Pakistan Bank Earnings Face Pressure from Declining Yields
Karachi: Banks in Pakistan are bracing for a challenging third quarter of the calendar year 2025, with forecasts indicating a year-over-year decline in core income. This is attributed to the contraction in net interest margins (NIMs) amid declining yi...
Read More »Exchange Rates Shift as Pakistani Rupee Faces Pressures
KARACHI: The State Bank of Pakistan released updated exchange rates, reflecting ongoing fluctuations in the currency market. As of the latest report, the Pakistani rupee continues to experience pressures against major global currencies. The data fro...
Read More »Pak-Qatar Asset Management Company Receives Positive Outlook from PACRA
Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has been upgraded to an AM2 rating with a Positive Outlook by the Pakistan Credit Rating Agency (PACRA). This recognition highlights the company's consistent growth and strong performance in ...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service