AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: VIS Credit Rating Company Limited announced the reaffirmation of International Textile Limited's (ITL) entity ratings at 'A/A2' (Single A / A Two), maintaining a stable outlook. The ratings reflect ITL's solid credit quality and adequate prot...

Karachi: The State Bank of Pakistan (SBP) announced a surprising 100 basis point reduction in the policy rate, bringing it down to 11 percent. This move, driven by decreasing inflation, marks the seventh rate cut in the current monetary easing cycle a...

Islamabad: Pakistan and Bangladesh have reaffirmed their mutual commitment to further strengthen bilateral relations and maintain regular high-level engagements. The resolve was made during a telephonic conversation between Deputy Prime Minister Ishaq...

Islamabad: US investors and businessmen have expressed a strong interest in investing in various sectors in Pakistan. This interest was demonstrated during a meeting between a delegation from the US Chamber of Commerce and the US-Pakistan Business Cou...

Islamabad: Pakistan has urged the United Nations Security Council to take steps to de-escalate tensions in South Asia for global and regional peace. Pakistan's Permanent Representative to the UN, Asim Iftikhar, emphasized the need for dialogue as the ...

Islamabad: Pakistan and Afghanistan have agreed on the importance of maintaining high-level contacts to foster long-term cooperation and promote peace and security in the region and beyond. The understanding was reached during a telephonic conversatio...

Islamabad: Pakistan's Ambassador to the US Rizwan Saeed Sheikh has said India's jingoism and hegemonic proclivities have put regional peace and stability at stake. During a dialogue with representatives from prominent U.S. think-tanks at the Embassy o...