Karachi: The Central Depository Company of Pakistan (CDC) has successfully integrated AKD Securities Limited into its RAAST Aggregator Platform, enabling real-time, secure fund transfers for investors. This collaboration, facilitated by Microlinks (Pv...
Read More »Pak Elektron’s Earnings Surge with Robust Appliance Sales
Lahore: Pak Elektron Limited (PAEL) reported a significant increase in its second-quarter earnings for 2025, with earnings per share reaching Rs1.85, marking a 77% rise year-over-year and a 2.6-fold increase quarter-over-quarter. The results aligned w...
Read More »Germany’s New Consul General in Karachi Prioritizes Economic Ties
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the newly-appointed Consul General of Germany, Thomas Eberhard Schultze, in Karachi, who has pledged to prioritize business visas for Pakistani citizens as part...
Read More »Rupee Plummets Against Major Currencies, Dollar Nears PKR 284
Islamabad: The Pakistani Rupee continued its downward spiral against major international currencies, with the US dollar nearing the PKR 284 mark in the open market on Saturday. Exchange companies reported the greenback trading between PKR 283.07 and P...
Read More »Floods Uncover Systemic Failures in Infrastructure Planning
Islamabad: The recent floods have brought to light urgent and systemic failures in infrastructure planning as newly constructed roads and bridges, worth billions of rupees, collapsed under rainfall levels that should not have posed a threat, highlight...
Read More »SECP Defies Auditor General, Challenges Constitutional Audit Framework
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has sparked institutional concern by openly contesting the Auditor General of Pakistan's findings, marking a significant deviation from established norms. This public rebuttal, issue...
Read More »Maple Leaf Cement Forecasts Cement Demand Surge, Diversifies Into Healthcare
Islamabad: Maple Leaf Cement (MLCF) projects a significant rise in cement demand for fiscal year 2026, revising its initial 2% growth forecast to 6-9%, according to insights shared at the Pakistan Day Conference 2025 organized by Topline Securities. M...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service