AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: The State Bank of Pakistan has released the latest exchange rates for major currencies, providing the financial sector with updated figures for both buying and selling transactions. According to the figures released, the buying rate for the...

Karachi: MCB Bank Limited has reported its financial results for the third quarter of the calendar year 2025, revealing a net profit after tax of PKR 15.2 billion. This figure marks a 16% decrease compared to the same period last year, though it shows...

Karachi: The Pakistani auto industry is poised for a surge in profitability during the first quarter of fiscal year 2026, according to a report by AKD Securities Limited. The report forecasts a 25 percent year-on-year increase in earnings, amounting t...

KARACHI: The Sindh government has reiterated its commitment to fostering industrial growth and supporting the business community, with Sindh Minister for Information and Transport Sharjeel Inam Memon emphasizing the need for enhanced facilities to boo...

Karachi: The State Bank of Pakistan has announced a new regulatory floor for financial institutions, setting a minimum amount of 115,000 units across three institutions, according to a recent press release from the bank. This decision marks a shift ...

Lahore: TCL, Pakistan's leading LED TV brand, recently concluded its Middle East and Africa Air Conference 2025, showcasing cutting-edge air conditioning technologies in China. The six-day event, themed 'Where Air Meets the Future,' drew participants ...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) data, indicating stability across the majority of tenors. The data highlights consistent rates with minor fluctuations in the longer-term offerings. The o...