Federal govt suspends operations at Utility Stores Corporation
ISLAMABAD: In a bid to cut losses of the bleeding public sector enterprises, the Pakistan Tehreek-e-Insaaf (PTI) government has decided to halt...
FPCCI to lend a shoulder to PM’s war against corruption: Bilour
KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Ghazanfar Bilour has announced to extend all support to Prime...
Pakistan to issue dollar savings certificates within two months
The country expects to raise $1 billion by selling saving certificates to Pakistanis working overseas
The certificates, which are likely to...
Asad Umar promises steps for award of National Finance Commission:
ISLAMABAD: Minister for Finance, Revenue, and Economic Affairs Asad Umer Tuesday told Senate that the
government would take steps to complete the process...
World Bank asks PTI govt to pitch for long-term policies, human development
ISLAMABAD: The World Bank has advised the newly-elected government to maintain long-term policies for the private sector to maintain higher economic growth...
Govt selects new FBR chairman from PAS cadre
ISLAMABAD: The most powerful and notorious group in the country’s bureaucracy - Pakistan Administrative Service (PAS) has again succeeded in appointing a...
Government to send NBP president packing
The federal government on Tuesday decided to remove National Bank President Saeed Ahmad Khan from his post amid corruption allegations against him.
The...
Systems Limited half-yearly profits increase by 63pc
Systems Limited reported a commendable increase of 63 per cent in half-yearly profits on a year-on-year basis, mainly due to top line increment...
Fatima Fertilizer’s gross profits jump 68pc amid decreasing cost of sales
Despite a 2 per cent reduction in Fatima Fertilizer Company’s sales, its bottom line rose up significantly, due to decreased cost of...
Soneri Bank’s half-yearly profits increase by 20.2 pc
Soneri Bank Limited’s profits for the half-year ended on June 30, 2018, have increased by 20.2 per cent as the company reported...
IGI Life reports massive 70pc decline in half-yearly profits
IGI Life insurance reported a 70 per cent drop in half-yearly profits due to a reduced net premium/contribution revenue.
In a Board of...
Jahangir Siddiqui & Co’s profits decline by 3.12pc
Jahangir Siddiqui & Co. Ltd’s profit for the half year ended June 30, 2018 has declined by 3.12 per cent over the...
CCP directs Lahore-based restaurant to stop use of ‘Starbucks’ logo
KARACHI: The Competition Commission of Pakistan (CCP) has issued an interim order directing a Lahore-based café, Options International (SMC-Pvt.) Limited, to immediately...
Telenor Pakistan announces new model to empower businesses
KARACHI: Being the front runner in creating opportunities by aiming at value creation, Telenor Pakistan, has announced its new and forthcoming business...
Shaheen Air refutes CAA claims, deny ‘fraud’ in payments
KARACHI: Shaheen Air International (SAI) has refuted statements made by the Civil Aviation Authority (CAA) in a letter sent by them to the Federal...