AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The Finance Division has announced a significant improvement in Pakistan's fiscal health for the financial year 2025, reporting a budget deficit of 5.4% of Gross Domestic Product (GDP). This marks a decrease from the previous year's 6.8% defi...
Read More »Jazz Leads PTA’s Quality Survey in Connectivity and Speed
ISLAMABAD: Jazz, Pakistan's leading digital operator, has emerged as the top performer in the Pakistan Telecommunication Authority's latest Quality of Service survey. This achievement underscores the company's commitment to providing superior connecti...
Read More »MCB Bank Reports Rs. 58.06 Billion Profit, Declares 90% Second Interim Dividend
Lahore: MCB Bank Limited announced a profit before tax of Rs. 58.06 billion for the first half of 2025, as the Board of Directors declared a second interim cash dividend of 90%, according to a press release issued on Thursday. This brings the total ca...
Read More »Currency Rates See Modest Fluctuations Across Markets
Karachi: The Exchange Companies Association of Pakistan released the latest foreign currency exchange rates on Wednesday, showing moderate fluctuations in the interbank and open markets. In the interbank market, the U.S. dollar was reported at 282.6...
Read More »Allied Bank’s Metaverse Banking Experience Ushers in New Era for Digital Services
Karachi: Allied Bank has launched an upgraded immersive banking experience in the Metaverse, marking a significant advancement in digital banking within Pakistan and beyond. This new platform offers an enhanced, interactive 3D virtual space, enabling ...
Read More »foodpanda’s $1.2 Billion Economic Boost in Pakistan
Karachi: In a groundbreaking study conducted by the Lahore University of Management Sciences (LUMS), foodpanda, Pakistan's premier online delivery platform, is projected to contribute $1.2 billion (PKR 335 billion) to the country's economy in the fisc...
Read More »Sindh Welcomes New Era with Electric Vehicle Charging Stations
Karachi: The Sindh government has announced the establishment of electric vehicle (EV) charging stations across the province, a move it describes as a significant advancement in the region's energy sector. Syed Nasir Hussain Shah, Sindh's Minister for...
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