Islamabad: AL Habib Asset Management Limited (AHAML) has maintained its robust position in Pakistan’s asset management sector, reporting a substantial 195% year-on-year increase in net profit to PKR 323.7 million for the year ending June 2025, up from…
Islamabad: Lucky Electric Power Company Limited (LEPCL) faces a delayed coal supply from a key domestic source, pushing back the start date from December 2025 to June 2026. The Sindh Engro Coal Mining Company (SECMC) will now begin supplying coal from…
Islamabad: One financial institution accessed the State Bank of Pakistan’s (SBP) overnight repo facility on August 12, 2025, borrowing 45 billion rupees. This suggests a potential tightening of liquidity in the money market.
Concurrently, one insti…
Islamabad: The Pakistani Rupee continued its downward trajectory against major international currencies, with the US dollar nearing the PKR 283 mark, according to the latest data from the State Bank of Pakistan (SBP).
The central bank’s weighted ave…
Islamabad: The Pakistani Rupee’s decline persisted against major international currencies, according to the Exchange Companies Association of Pakistan (ECAP)’s closing rates on August 12, 2025. The US Dollar further solidified its position, closing at…
Karachi: Short-term lending rates in Pakistan continued to fluctuate, with the Karachi Interbank Offered Rate (KIBOR) showing mixed signals on August 12, 2025, according to data released by the State Bank of Pakistan. The one-week rate saw the most si…
Karachi: K-Electric has announced a new layout for its electricity bills, aimed at providing customers with a clearer view of their consumption and payment history. The redesigned bills, which will be rolled out soon, are part of the company’s initiat…