Guangzhou: TCL has unveiled its latest air conditioning technologies, including the VoxIN JetMax and SaveIN Series, at the Middle East and Africa Air Conference 2025 in Guangzhou, China. The event highlighted the company's commitment to integrating in...
Read More »Earnings Forecast: Pakistani Oil and Gas Companies to See Mixed Results
Karachi: Earnings for Pakistan's leading oil and gas exploration and production companies are projected to remain subdued in the first quarter of fiscal year 2026, according to a preview released by JS Global. The report anticipates a decline of 8% ye...
Read More »Interloop Ltd. Reports Significant Profit Surge Driven by Margin Improvements
Karachi: Interloop Ltd. (ILP) has released its financial results for the first quarter of fiscal year 2026, recording a substantial increase in profitability. The company reported a profit of PKR 2.8 billion (EPS: PKR 2.0), marking a 12.6-fold increas...
Read More »Pakistan’s Central Bank Holds Steady on Interest Rates Amid Improved Economic Outlook
KARACHI: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, as anticipated by market analysts. This decision follows a meeting of the Monetary Policy Committee (MPC), which highlighted a more optimistic economic outlook t...
Read More »Stock Market Slips as KSE Indices Experience Decline
Karachi: The Pakistan Stock Exchange (PSX) witnessed a downturn today, with both the KSE30 and KSE100 indices closing in the red. The KSE30 index ended the trading session at 49,418.59 points, reflecting a decline of 423.92 points, or 0.85 percent, fr...
Read More »NKATI President Criticizes Central Bank’s Interest Rate Decision
KARACHI: The President of the North Karachi Association of Trade and Industry (NKATI), Faisal Moiz Khan, has expressed his dissatisfaction with the State Bank of Pakistan's decision to maintain the policy interest rate at 11 percent. This decision, he...
Read More »High Interest Rate Hampers Industrial Revival, SITE President Criticizes Central Bank
Karachi: Ahmed Azeem Alvi, the President of the SITE Association of Industry Karachi, expressed his disappointment over the State Bank of Pakistan's decision to maintain the policy rate at 11 percent. He criticized the move, indicating that the busine...
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