AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

KARACHI: A severe water shortage in the SITE Industrial area of Karachi has forced factories to halt operations, threatening the country's export capabilities and economic standing. Key industry leaders, including Zubair Motiwala, Ahmed Azeem Alvi, an...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for April 21, 2025, highlighting a continued upward trend in foreign currencies against the Pakistani rupee in the open market. The United States dollar...

Karachi: The State Bank of Pakistan has released updated exchange rates for the mark-to-market revaluation by authorized dealers in foreign exchange, showing minor increases across a range of currencies. The US dollar is now at 280.8688 for the read...

Islamabad: The Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) hosted a significant dinner reception and business meeting to honor Afghan Commerce Minister H.E. Alhaj Nooruddin Azizi at the Marriott Hotel in Islamabad. The event served as a...

Karachi: The State Bank of Pakistan released its latest data on exchange rates, revealing slight shifts in the buying and selling rates of major currencies. According to the Domestic Markets and Monetary Management Department, the rates reflect the we...

Karachi: Meezan Bank Limited (MEBL) announced its financial results for the first quarter of the calendar year 2025, revealing a profit of PkR22 billion, equivalent to earnings per share of PkR12.3. This marks a decline of 12% compared to the same per...

Lahore: Pakistan's economy is seeing a phase of consistent improvement, according to Federal Minister for Commerce Jam Kamal Khan. Speaking at the Lahore Chamber of Commerce and Industry, Khan attributed this progress to recent structural reforms and ...