AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: President of the United Business Group (UBG), Zubair Tufail, has called on the State Bank of Pakistan (SBP) to reduce the policy rate to single digits in the upcoming monetary policy announcement scheduled for September 15. In a statement ...

Karachi: The currency exchange rates released by the Exchange Companies Association of Pakistan on Monday indicate minor fluctuations in the value of major foreign currencies against the Pakistani Rupee. The United States Dollar (USD) maintained stabi...

Karachi: The National Bank of Pakistan (NBP) announced a remarkable financial performance for the first half of the calendar year 2025, reporting an unconsolidated profit of PkR43.5 billion, a substantial increase compared to the previous year. This s...

Karachi: The National Bank of Pakistan (NBP) convened a corporate briefing to outline its financial performance for the first half of 2025 and to discuss future strategies. The bank's management expressed confidence in maintaining strong earnings and ...

KARACHI: Kohat Cement Company Ltd. (KOHC) released its fourth-quarter financial results for fiscal year 2025, revealing earnings of PkR2.4 billion, equivalent to an earnings per share (EPS) of PkR2.6. This marks a 1% decrease compared to the same peri...

LAHORE: Faheem-ur-Rehman Saigol has been elected unopposed as the President of the Lahore Chamber of Commerce and Industry. His nomination received backing from key figures such as Mian Anjum Nisar, Chairman of the PIAF-Pioneer Progressive Alliance, a...

Karachi: The State Bank of Pakistan released updated Karachi Interbank Offered Rates (KIBOR) for September 8, 2025, showing consistent trends across different tenors. The data reveals minimal fluctuations in short-term and long-term offered rates, pro...