AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: Pakistan State Oil (PSO) delivered a robust performance in the first quarter of FY26, posting a profit after tax of PKR 9.4 billion and earnings per share of PKR 20. This financial achievement was disclosed during a meeting of the company's B...

Karachi: The Karachi Stock Exchange saw a notable decline on October 28, 2025, as both the KSE30 and KSE100 indices recorded significant drops. The KSE30 index closed at 48,859.40, down 559.19 points from the previous close of 49,418.59. Similarly, th...

Karachi: Bank Makramah Limited (BML) announced a significant financial turnaround, reporting a profit before tax of PKR 1.75 billion for the nine months ending September 30, 2025. This marks a remarkable recovery from a loss of PKR 5.05 billion in the...

Karachi: The Pakistan Telecommunication Authority (PTA) reported a notable increase in local mobile phone manufacturing and assembly, with 3.01 million units produced in September 2025. This marks a 40% year-over-year and 55% month-over-month growth. ...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned a preliminary debt instrument rating to Nishat Mills Limited (NML) for its PKR 7 billion privately placed term sukuk (PPSTS). NML, a major player in Pakistan's textile sector and t...

Karachi: The SITE Association of Industries (SAI) has issued a strong critique of Pakistan's telecom operators and internet service providers, citing persistent network problems that they argue are hindering business activities. Industrialists from...

Karachi: The State Bank of Pakistan (SBP) maintained its policy rate at 11.0%, citing an improved economic outlook and the ongoing effects of previous rate reductions. The decision was announced today during a post-monetary policy statement briefing b...