Year: 2025

National Bank of Pakistan (NBP) reported after-tax profits of 23.3 billion rupees for the third quarter of 2025 (3QCY25), resulting in an increasing earnings per share (EPS) from last year’s 3.1 billion rupees to this year’s 10.83 rupees. This record 9 months to 2015 profit of 66.4 billion recorded a year-on-year increase of 16 times, mainly driven by stronger spreads, lower interest expense and more non-funded income. The bank’s net interest income hit Rs60.7bn in the 3QCY25 period, 74 per cent more than in the same period of last year.…

AirLink Communication is currently in the process of adding a new mobile phone brand to its local manufacturing lineup. The company revealed earlier this week during its annual general meeting that these talks are ongoing but declined to identify the brand for now. Management, however, confirmed that preparations are underway to receive a major new partner within the existing infrastructure network. At its Lahore-based headquarters, AirLink already puts together phones for a number of international brands. Bringing in another brand would expand on this capacity and be consistent with the…

The government has started refunding some Rs 3.45 billion to pilgrims who performed Haj this year under the regular government scheme. The Minister for Religious Affairs Sardar Muhammad Yousuf announced the development. Shades of between Rs. 12,000 to Rs 110,000 will be refunded between 75% (66,000 people out of 84,960) by October 31. Reimbursements will not be made to the remaining 25 percent of pilgrims (approximately 21,900) who stayed in better quarters and had better services. A cost breakdown of reimbursements made available by the ministry shows that 16 %…

According to official sources, the government has approved a relief package to cut electricity tariffs in both industry and agriculture. The sources predict that the cost of electricity will probably fall by more than Rs. 10 per unit under the plan – which will give three year discounts on extra power use to encourage higher load factors and greater production efficiency. The new rates will come into force from November 1 and last until October 31, 2028. Prime Minister Shehbaz Sharif will make a formal announcement from his office on…

On October 30, 2025, in Islamabad will mark the official start of the long-awaited laptop distribution. In a briefed social-media Update, it was informed: “the countdown to the Event has been started. By then you can go to Islamabad and have your share.” We ‘ll keep it up with news on our next stop in your region as well! “ It amounts to starting a nationwide distribution phase under the PM’s Youth Laptop Scheme, to equip students with digital tools for learning and skill formation. Its distribution will be started…