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  • Keti Bandar to Be Developed as Modern Deep-Sea Port: Sindh CM
  • PM Directs Full Utilization of Resources for Flood-Affectees
  • President Zardari Extends Felicitations to South Korea on National Liberation Day
  • President, PM Commend Security Forces for Khuzdar IBO
  • Nehal Hashmi Takes Oath as Chief Scout of Sindh
  • CM Sarfraz Pledges to Address Public Problems Through Good Governance
  • Security Forces Kill Ten Terrorists in Khuzdar
  • Pakistan Mission to UN and Consulate in New York Hold Flag Hoisting Ceremony to Mark Independence Day
  • Pakistan to Continue Pursuing Peace, Dialogue Among States: Muhammad Saleem
  • Punjab CM Sets 2029 Target for AI-Enabled Province
  • CDF Lauds Pakistan Army Veterans for Enduring Role in Strengthening National Resilience
  • President Expresses Grief Over Loss of Lives in Indonesia Earthquake
  • Pakistan Stands with Indonesia in Difficult Time: PM
  • Hanif Expresses Satisfaction Over Progress on ML-1 Project
  • Consensus on National Priorities Vital for Stable Pakistan: Qaiser
  • PML-N Committed to Serving People of AJK: Nawaz Sharif
  • Govt Plans Reforms to Strengthen Construction Sector
  • FUI Organizes Flag Hoisting Ceremony to Mark Independence Day
  • Egyptian Foreign Minister Sends Independence Day Greetings to Pakistan
  • Services Chiefs Reaffirm Commitment to Pakistan’s Defence

Mughal Iron and Steel’s Earnings Surge While Amreli Steels’ Losses Persist

October 29, 2025 Business, General Business News

Karachi: In a significant financial turnaround, Mughal Iron and Steel Industries Ltd. (MUGHAL) is expected to report a substantial increase in earnings for the first quarter of fiscal year 2026, according to a preview by JS Global. The company is anti...

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Askari Bank’s Profit Surges 24% Amid Strong Non-Markup Income

October 29, 2025 Business, General Business News

Karachi: Askari Bank Limited (AKBL) has reported a significant rise in its net profit after tax (NPAT) for the third quarter of the calendar year 2025, reaching PkR7.5 billion, equivalent to an earnings per share (EPS) of PkR5.1. This marks a 24% incr...

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Pakistan’s KIBOR Rates Show Minor Fluctuations Amid Economic Pressures

October 29, 2025 Business, General Business News

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), revealing minor fluctuations across various tenors as of October 29, 2025. The data, sourced from Refinitiv, provides insights into the country's lend...

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Fauji Fertilizer Limited Reports Strong Financial Growth Amid Strategic Developments

October 29, 2025 Business, General Business News

Islamabad: Fauji Fertilizer Limited (FFC) held a corporate briefing today to discuss its financial performance and future plans, highlighting significant growth and strategic initiatives. The company reported a 14% year-over-year increase in earnings,...

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Pakistan Stock Exchange Faces Continued Decline as KSE-100 Falls Below 50-DMA

October 29, 2025 Business, General Business News

Karachi: The Karachi Stock Exchange 100 Index saw a continued decline, closing at 158,465, a drop of 1,636 points. The volume of shares traded fell to 952 million from the previous 1,019 million. The index's dip below the 50-day moving average (DMA) s...

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OGDC Reports 7% Decline in Quarterly Earnings Amid Lower Production and Rising Costs

October 29, 2025 Business, General Business News

Karachi: Oil and Gas Development Company (OGDC) has reported a decline in its financial performance for the first quarter of the fiscal year 2026, with earnings per share (EPS) falling to Rs8.91. This marks a 7% year-on-year decrease and a 5% drop fro...

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High Interest Rate Criticized for Stunting Industrial Development

October 29, 2025 Business, General Business News

Karachi: The President of the United Business Group, Zubair Tufail, has voiced strong criticism against the State Bank of Pakistan's decision to maintain its policy interest rate at 11 percent, describing it as a significant barrier to the expansion o...

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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.

  • Keti Bandar to Be Developed as Modern Deep-Sea Port: Sindh CM

    2 days ago
  • PM Directs Full Utilization of Resources for Flood-Affectees

    2 days ago
  • President Zardari Extends Felicitations to South Korea on National Liberation Day

    2 days ago
  • President, PM Commend Security Forces for Khuzdar IBO

    2 days ago
  • Nehal Hashmi Takes Oath as Chief Scout of Sindh

    2 days ago

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