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Pakistani Rupee Continues Sharp Fall Against USD Amid Political Instability

May 12, 2023 Business

The Pakistani rupee continues a sharp fall against the U.S. dollar, as the greenback was again traded at a historic low of 298.93 rupees, in the interbank market yesterday, according to the State Bank of Pakistan.The U.S. dollar closed at 290.22 rupees...

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Dawood Hercules Corporation Limited Credits Interim Cash Dividend of Rs.15 per Share to Shareholders’ Bank Accounts

May 12, 2023 Uncategorized

Karachi, Dawood Hercules Corporation Limited has announced the electronic credit of its interim cash dividend for the year ending 2023-12-31. The dividend, set at Rs.15 per share, equivalent to an impressive 150% payout, was transferred directly to the...

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Janana De Malucho Textile Mills Limited Holds Board Meeting to Elect Chairman and Appoint CEO and Closed Period

May 12, 2023 Uncategorized

Karachi, Janana De Malucho Textile Mills Limited has announced that a crucial board meeting will take place on May 22, 2023, at their headquarters in Rawalpindi. The primary agenda of the meeting is to elect a new Chairman and appoint a Chief Executive...

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Pakistan Tobacco Company Limited Releases Quarterly Report for 1st Quarter 2023

May 12, 2023 Uncategorized

Karachi, Pakistan Tobacco Company Limited (PTC) has released its highly anticipated Quarterly Report for the period ended March 31, 2023. The report has been transmitted to shareholders and is now accessible on the company's official website.The Quarte...

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Fatima Fertilizer Company Limited Credits Final Cash Dividend to Shareholders’ Bank Accounts

May 12, 2023 Uncategorized

Karachi, Fatima Fertilizer Company Limited has successfully credited the final cash dividend for the year ended December 31, 2022. The dividend, amounting to Rs. 3.50 per share, equivalent to 35% of the share's value, was electronically transferred to ...

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Mr. Muhammad Sohail Tabba and Mr. Asif Jooma Assume Key Leadership Roles as Chairman and CEO of Prominent Company

May 12, 2023 Uncategorized

Karachi, Mr. Muhammad Sohail Tabba and Mr. Asif Jooma have been appointed as Chairman and Chief Executive Officer, respectively, effective from May 11, 2023. This announcement marks a new chapter in the growth and leadership of a prominent company.The ...

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PACRA Maintains Entity Ratings of Sitara Petroleum Service Limited

May 12, 2023 Business

Lahore, May 12, 2023 (PPI-OT): The ratings reflect the strong business profile of Sitara Petroleum Service Limited. Sponsors of the Company are in the business for over three decades, reflecting their business acumen. The company is primarily engaged i...

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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 to Persist Across Most Parts of Country: PMD

    2 days ago
  • Pakistan Keen to Further Strengthen Cooperation with US: PM

    2 days ago
  • MoRA Urges Pilgrims to Renew Passports Early for Hajj 2027

    2 days ago
  • Pakistan and Jordan Leadership Voice Concerns Over Escalating Palestine Tensions

    2 days ago
  • Pakistan Customs Successfully Thwarts Smuggling Attempts in GB

    2 days ago

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