When the State Bank of Pakistan monetary policy committee meets on 9th March, 26 to decide the policy rate for the next quarter, there are chances of increase in policy rate or a status quo due to massive increase in Petroleum Prices, adversely hitting the cost of doing business and bringing a wave of price hike and inflation, said Ateeq Ur Rehman, an economic and financial analyst. Consequentl
When the State Bank of Pakistan monetary policy committee meets on 9th March, 26 to decide the policy rate for the next quarter, there are chances of increase in policy rate or a status quo due to massive increase in Petroleum Prices, adversely hitting the cost of doing business and bringing a wave of price hike and inflation, said Ateeq Ur Rehman, an economic and financial analyst. Consequentl
The Bank of Khyber (BOK), in its 203rd Board of Directors meeting held today at Peshawar, announced its audited financial results for the year ended December 31, 2025. The Bank delivered an outstanding performance, posting a Profit After Tax (PAT) of PKR 5.82 billion, a robust 61% increase over PKR 3.62 billion in FY2024, the highest profit in the Bank’s history. Earnings per share grew from Rs. 3
Jazz International Holding Limited, a subsidiary of VEON incorporated in the UAE, has entered into a definitive agreement to acquire a controlling stake in TPL Insurance Limited (TPL Insurance), a publicly listed insurance company in Pakistan, for a purchase price of approximately Rs4.15 billion. TPL Insurance is a digital-first insurance provider offering auto, health, fire, and property insur
Share markets nosedived in Asia on Monday as the inflationary shock from surging oil prices threatened to raise living costs and perhaps interest rates across the globe, while an investor hunger for liquidity kept the US dollar in demand. Brent soared 23% to $114.36 a barrel, the biggest daily gain since at least 1988, which came on top of a 28% rise last week. US crude shot up a staggering 2