Karachi: Mian Zahid Hussain, a prominent figure in Pakistan's business community, has called on the State Bank of Pakistan to reduce the policy interest rate to six percent. He warned that the current 11 percent rate poses significant challenges to in...
Read More »Cherat and Kohat Cement Companies Forecast Improved Earnings
Karachi: In a recent earnings preview, Cherat Cement Company Ltd (CHCC) and Kohat Cement Ltd (KOHC) are projected to report strong financial gains for the fourth quarter of the fiscal year 2025. Analysts from JS Global anticipate earnings per share of...
Read More »Meezan Bank Breaks Ground with Visa Global eSIM for Travelers
Karachi: Meezan Bank, the leading Islamic bank in Pakistan, has announced the launch of Visa's Global eSIM for its Visa Infinite Debit Cardholders, marking a first for the country's banking sector. This digital initiative aims to streamline internatio...
Read More »Lucky Cement and Tabba Kidney Institute Provide Free Kidney Screenings to Hundreds at Local Camp
Peshawar: Lucky Cement Limited, in collaboration with Tabba Kidney Institute, successfully concluded a two-day Kidney Screening Camp at the Abdul Razzak Tabba Welfare Dispensary, located at the company's Pezu Plant. The camp, held on July 25 and 26, s...
Read More »Atlas Honda Reports Record Quarterly Earnings Amid Surge in Two-Wheeler Sales
Karachi: Atlas Honda Ltd (ATLH) has announced record quarterly earnings, driven by a significant increase in two-wheeler sales. In a recent analyst briefing, the company reported an earnings per share (EPS) of Rs38.74 for the first quarter of fiscal y...
Read More »PCJCCI Calls for Interest Rate Reduction to Spur Economic Growth
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has urged the State Bank of Pakistan (SBP) to lower the benchmark interest rate from 11% to 6% in its upcoming monetary policy announcement. This appeal comes as Pakistan seeks...
Read More »State Bank of Pakistan Reports on Overnight Repo Facilities Use
Karachi: The State Bank of Pakistan (SBP) reported that two financial institutions accessed its overnight repo facility on July 28, 2025, borrowing a total of Rs. 167 billion. The central bank confirmed that there were no transactions under the revers...
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