Islamabad: IPAK Group announced a remarkable turnaround, reporting a 12-fold surge in earnings per share (EPS) to Rs1.72 for the fiscal year 2025, compared to Rs0.14 in the previous year. This impressive growth was driven by improved operational effic...
Read More »Chemical Importers Given Reprieve, But Crisis Looms
Islamabad: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has welcomed the deadline extension for the Dangerous Petroleum License (DPL) to October 23, 2025, but warned that the core issue remains unresolved. The Ministry of Energy’s d...
Read More »TCL And Bang and Olufsen Showcase Premium TV Audio Collaboration In Denmark
Islamabad: TCL, Pakistan’s top LED TV manufacturer, and renowned audio company Bang and Olufsen recently hosted content creators from the Middle East, Africa, and South Asia in Struer, Denmark, to experience the sound engineering behind the "Audio by ...
Read More »Power Generation Sees 8% Yearly Jump In August
Islamabad: Power generation in Pakistan surged by 8% year-on-year in August 2025, reaching 14,218 gigawatt-hours (GWh), according to the latest figures from the National Electric Power Regulatory Authority (NEPRA). This significant increase comes desp...
Read More »Bankislami And MG Offer Lowest Auto Financing Rates
Karachi: BankIslami and MG Motors Pakistan have partnered to offer the lowest Shariah-compliant auto financing rates in the Pakistani market, starting at 4.99% (equivalent to a 1-year rate of 1.49%). This groundbreaking collaboration promises to resha...
Read More »Karachi Interbank Offered Rate Sees Fluctuations Across Tenors
Islamabad: The Karachi Interbank Offered Rate (KIBOR) experienced notable volatility across various maturities on September 16, 2025, according to data released by the State Bank of Pakistan. Short-term rates for one-week loans saw the widest spread, ...
Read More »Pakistan Inflation Soars to 11-Month High Amid Devastating Floods
Islamabad: Pakistan's consumer price index (CPI) is projected to surge to 6.5-7.0% year-over-year in September 2025, a sharp increase from 3.0% in August 2025 and marking the highest level in eleven months. This alarming rise is primarily attributed t...
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