AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: The Exchange Companies Association of Pakistan (ECAP) on Tuesday released the latest open market closing exchange rates, revealing slight fluctuations in currency values against the Pakistani Rupee. The United States Dollar was reported at ...

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) data, indicating consistent stability in the short-term tenors. The figures, effective as of October 7, 2025, show that the bid and offer rates for the ...

Karachi: The State Bank of Pakistan has announced a new floor rate for financial institutions, set at 44,900, effective from October 7, 2025. Two financial institutions will be impacted by this adjustment, according to the bank's latest press release....

Karachi: Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Aman Pracha, has expressed optimism about the outcomes of recent high-level meetings between the leadership of Pakistan and Malaysia. He describe...

Karachi: Pakistan's listed consumer sector is currently trading at a price-to-earnings (PE) ratio of 15.3 times its projected earnings for the fiscal year 2025, according to a recent report by JS Global. This figure represents a notable discount compa...

Karachi: Pakistan is grappling with a significant fiscal challenge as the Federal Board of Revenue (FBR) reported a substantial revenue shortfall of approximately Rs 198 billion in the first quarter of the fiscal year 2026. Mian Zahid Hussain, a promi...

Karachi: Searle Company Ltd (SEARL) has announced its fourth-quarter financial results for fiscal year 2025, recording an unconsolidated profit of Rs165 million with earnings per share (EPS) of Rs0.32. This marks a recovery from a significant loss of ...