Health minister requests finance ministry to withdraw 3rd slab of FED on cigarettes
ISLAMABAD: In what could be dubbed as a much need-move, the Federal Minister for National Health Services Aamer Mehmood Kiani has recommended...
KAPCO announces FY2018 earnings at Rs12.06/share
Kot Addu Power Company (KAPCO) announced its financial year 2018 results for the fourth quarter (4QFY18), today.
The company posted a profit after tax...
Customs Intelligence observes silence over bribe allegation against high ups
ISLAMABAD: The Customs Intelligence department has observed criminal silence over the increasing allegations of collections of bribes from its officials.
Recently, a complainant,...
Market Daily: KSE 100 drops 258.48 pts amid increase in gas prices
LAHORE: The Pakistan Stock Exchange (PSX) couldn’t continue its winning streak from the previous session and was taken over by bears. According...
Govt extends contract of NIRC chairman for two years
ISLAMABAD: The federal government on Wednesday allowed a two-year extension in the contract of the National Industrial Relations Commission (NIRC) Chairman Justice...
Domestic cement despatches decline by 13.73pc in August
Slower growth was attributed to the hectic election activities that were going on in the country.
Regulators keep quiet as K-Electric sits on its annual reports for two years
ISLAMABAD:Â K-Electric (KE) has still yet to issue its annual report for the previous year, fiscal 2016-17, while its major stake is in...
SECP issues anti-money laundering guidelines for non-profits
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT) guidelines for Non-Profit Organisations...
Revenue from cigarette industry surges by Rs88.54bn in 2017-18
KARACHI: On a report of the Public Accounts Committee (PAC) submitted on May 23, the National Accountability Bureau (NAB) has initiated an investigation...
PSX notice fixes spotlight on ‘politically exposed persons’ data
KARACHI: Pakistan Stock Exchange (PSX) has asked all brokers to provide information on ownership, the status of beneficial ownership, unique identification number...
Agriculture emergency to benefit farmers in the offing
ISLAMABAD:Â Following an unimpressive performance of the agriculture sector during the tenure of previous government, the new Pakistan Tehreek-e-Insaf (PTI) administration has decided...
Chinese media underscores Gwadar’s enormous outreach beyond Asia
BEIJING:Â Several countries in the Middle East and Africa have expressed their intentions of joining the China-Pakistan Economic Corridor (CPEC), a flagship project...
PSX approves Byco Petroleum’s listing of Rs3,120mn Sukuk
The Pakistan Stock Exchange (PSX), according to a notification today on its website, has approved the Listing of the Privately Placed, Rated...
Arif Habib Ltd to guarantee $11mn for Power Cement Ltd
Arif Habib Corporation Limited intends to make an additional investment worth $11 million in Power Cement Limited, an associated undertaking of the...
Market Daily: KSE-100 gains 171.93 pts amid low volumes
LAHORE: The Pakistan Stock Exchange (PSX), after starting the trading session leaped up in the afternoon. Indices swayed in both directions until...