IMC annual sales increase by 25pc with 64,000 units sold in FY2018
LAHORE:Â The Indus Motor Company (IMC) held its analyst briefing today to discuss its financial year 2018 result, key challenges, and outlook of...
Ford kills plan to sell Chinese-made vehicle in the US
DETROIT: Ford Motor Co has abruptly killed a plan to sell a Chinese-made small vehicle in the United States because of the...
Pak becomes first to use multi-spectral imagery to map crops
LAHORE: According to the Punjab Information Technology Board (PITB) chairman Dr Umar Saif, Pakistan has become the first country in the world to...
HBL leads implementation of CPEC projects in Pakistan
HBL is the largest bank in Pakistan and has been at the forefront in the development of China Pakistan Economic Corridor (CPEC)....
Sindh Bank shareholders approve swap ratio, scheme of amalgamation
The shareholders of Sindh Bank approved the swap ratio of 1: 8.37 i.e. one share of Sindh Bank equals to 8.37 shares...
Greatly anticipated Samsung Galaxy Note 9 launched in Pakistan
LAHORE: Samsung Electronics Co., Ltd. launched the latest addition to its premium Note series with Galaxy Note 9. The Note series has been recognized for including...
Suraj Cotton Mills announces 11.8pc increase in yearly profits
Suraj Cotton Mills Limited reported an 11.8 per cent increase in annual profits due to 517 per cent rise in tax reversals.
In...
Apna Microfinance Bank’s net income increases by 39pc
Apna Microfinance Bank Limited conducted its Board of Directors meeting on 31 August, where the board reviewed the financial results.
Based on the...
Garments worth $211.213 exported in July
Readymade garments worth $211.213 million were exported during the first month of the current financial year, against the exports of $212.199 million...
Shaheen Air post-Hajj operation suspended as CAA refuses to extend RPT license
The Civil Aviation Authority (CAA) has refused to extend the Regular Public Transport (RPT) License of Shaheen Air International (SAI) due to...
FBR extends deadline to file tax returns
The Federal Board of Revenue (FBR) today announced the extended deadline to file tax returns by one month.
The returns can now be filed...
Market Daily: KSE-100 drops 121.28 points
LAHORE:Â Bears were in control of the Pakistan Stock Exchange (PSX) for the fourth consecutive session while the Finance Minister briefed the Prime...
PTI govt may not be able to finalise 9th NFC award for resource constraintsÂ
ISLAMABAD: While the government of Pakistan Tehrik-e-Insaf (PTI) has announced that it has initiated the process of preparing the next National Finance...
Iran’s foreign minister calls on Asad Umar, urges for better relations
LAHORE: The Foreign Minister of Iran Jawad Zarif called on the Federal Minister for Finance, Revenue and Economic Affairs Asad Umar this...
Profitability of fertiliser manufacturers surges by 67pc to Rs8.3bn
KARACHI: Profitability of Pakistan’s fertilizer manufacturers have surged 67 per cent year-on-year (YoY) to Rs8.3 billion in the second quarter 2018, primarily...