FLASHNEWS:

Day: October 29, 2025

High Interest Rate Criticized for Stunting Industrial Development

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…

Interloop Limited Projects Revenue Growth Amid Sector Challenges

FAISALABAD: Interloop Limited (ILP) held its Corporate Briefing Sessions today, revealing significant financial insights and future plans. The company, aiming for $700 million in revenue by the fiscal year 2026, reported a four-year sales growth of 33…

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

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…