AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Islamabad: Pakistan and Bangladesh are entering a new phase of engagement, driven by mutual interests in peace, economic progress, and regional cooperation. Both nations are working to overcome historical tensions to forge a constructive partnership, ...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Nisar Spinning Mills (Pvt.) Limited (NSMPL), citing the company's diverse business operations and established market presence. Despite this, the company's rev...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, revealing stable short-term lending rates. On July 11, 2025, the rates for various tenors showed minor fluctuations, indicating a steady lending en...

Karachi: United Bank Ltd (UBL) released its financial results for the second quarter of the calendar year 2025, showing a mixed performance marked by increased net profit after tax (NPAT) but a decline in quarterly earnings due to higher operating exp...

Karachi: Ghandhara Automobiles Limited (GAL), a prominent player in Pakistan’s truck manufacturing industry, is poised for a significant earnings turnaround. The company has been given a Buy rating by analysts, with a projected 47% upside to its disco...

Faisalabad: The Pakistan Credit Rating Agency Limited has assigned initial entity ratings to Faisalabad Electric Supply Company Limited, reflecting its strategic significance and robust financial management. The sovereign ownership by the Government o...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for July 11, 2025, indicating a relatively stable currency market amidst ongoing global economic fluctuations. The U.S. dollar was observed at a buyin...