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KIBOR Rates Reflect Stability in Short-Term Lending Market

May 26, 2025 Business, General Business News

Karachi: The State Bank of Pakistan released its latest Karachi Interbank Offered Rate (KIBOR) figures, showing a steady trend in short-term lending rates as of May 26, 2025. The data indicates minimal fluctuations in the bid and offer rates over diff...

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Pakistan’s State Bank Announces New Floor for Institutional Transactions

May 26, 2025 Business, General Business News

Karachi: The State Bank of Pakistan has established a new monetary floor for institutional transactions, according to a recent press release. The announcement outlines a floor amounting to 67,000 for a single institution, which will take effect on May...

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PTCL Group and Mercantile Collaborate for iPhone 16 Launch in Pakistan

May 26, 2025 Business, General Business News

Islamabad: PTCL Group, a major player in Pakistan's telecom sector, has joined forces with Mercantile, the official Apple distributor in the country, to unveil exclusive iPhone 16 offers. This partnership aims to provide customers with extended warran...

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State Bank of Pakistan Offers Rs. 67 Billion Through Overnight Repo Facility

May 26, 2025 Business, General Business News

Karachi: The State Bank of Pakistan (SBP) provided substantial liquidity to the banking sector through its overnight repo facility, injecting Rs. 67 billion on May 26, 2025. This move reflects the central bank's approach to managing short-term liquidi...

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Pakistan’s Economic Landscape: Airspace Ban, Budget Talks, and Industry Developments

May 26, 2025 Business, General Business News

Islamabad: Pakistan's economic scene is currently marked by a series of significant developments, including an extension of the airspace ban on Indian aircraft, ongoing budget discussions with the International Monetary Fund (IMF), and various industr...

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inDrive Unveils AI-Powered Ride-Hailing in Pakistan

May 26, 2025 Business, General Business News

Islamabad: Global mobility platform inDrive is set to transform the ride-hailing landscape in Pakistan by integrating artificial intelligence (AI) into its operations in 2025. This move aims to enhance service speed, provide smarter tools, and offer p...

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Death Anniversary of Actor Adeeb Being Observed Today

May 26, 2025 General

Lahore: The 19th death anniversary of renowned actor of Urdu and Punjabi films, Adeeb, is being observed on Monday. Born Muzaffar Ahmed in Kashmir in 1934, Adeeb left a significant mark on the film industry with his memorable performances and contribu...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • Hot, Humid Weather and Possible Rain in Specific Regions

    2 days ago
  • Nation Stands Firmly with Security Forces Against Terrorism: President

    2 days ago
  • GB CM Directs Officials to Resolve Public Complaints on Priority

    2 days ago
  • Naqvi Condemns Attack on Balochistan Home Minister’s Convoy

    2 days ago
  • Balochistan CM Announces Government Jobs for Men Who Aided Acid Attack Victim

    2 days ago

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