AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: The State Bank of Pakistan (SBP) provided an update on its overnight repo and reverse repo facilities, revealing the activity levels for June 16, 2025. The report indicates that three institutions accessed the SBP's overnight repo facility, u...

Lahore: The Lahore Chamber of Commerce and Industry has condemned the Israeli attack on Iran, describing it as a grave breach of international norms and a threat to regional and global peace. LCCI leaders called for decisive international action in re...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial entity ratings to ZKB Construction (Pvt.) Limited, a special purpose vehicle (SPV) established to facilitate Shariah-compliant funding through Sukuk issuance for Zahir Kha...

Karachi: Allied Bank, a leading commercial institution in Pakistan, has announced a strategic partnership with Paysys Labs to pilot the Interledger Protocol (ILP) for cross-border payments. This initiative marks a significant step in enhancing the eff...

Karachi: Allied Bank, a leading commercial institution in Pakistan, has announced a strategic partnership with Paysys Labs to pilot the Interledger Protocol (ILP) for cross-border payments. This initiative marks a significant step in enhancing the eff...

Karachi: Airlink Communication Limited, a prominent player in Pakistan's mobile phone distribution and assembly sectors, has been assigned initial credit ratings by the Pakistan Credit Rating Agency (PACRA). These ratings underscore the company's robu...

Islamabad: Mainly partly cloudy weather with dust and thunderstorm-rain is likely at isolated places in Kashmir, Gilgit-Baltistan, Eastern Punjab and Potohar region, Khyber Pakhtunkhwa, Sindh, and Northern Balochistan. However, isolated hailstorms may...