Bank Al Habib declares pre-tax profit of Rs3.40 billion
The Board of Directors of Bank AL Habib Limited announced the financial results of the bank for the three months period ended...
Textile Division proposes to extend Prime Minister Package for 2018-19
ISLAMABAD:Â The Textile Division has proposed to extend the Prime Minister's Rs180 billion package to the next fiscal year 2018-19.
Sources revealed that the Textile...
Bankers meet Miftah Ismail, share budget proposals for banking sector
ISLAMABAD: A delegation of Pakistan Bankers Association had a meeting with the Adviser to the Prime Minister on Finance, Miftah Ismail here...
OICCI urges govt to reduce cooperate tax to 25pc in fiscal year 2018-19
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the government to reduce cooperate tax to 25 per cent in the...
PM chairs ECC meeting, accord approvals for power sector
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Prime...
Cabinet approves budget strategy paper for FY 2018-19, 2020-21
ISLAMABAD: The federal cabinet Tuesday approved the Budget Strategy Paper for financial years 2018-19 to 2020-21 after holding discussions at length and...
Pakistan’s circular debt surpasses Rs935 billion
ISLAMABAD: Pakistan’s circular debt volume has surpassed Rs935 billion during the PML-N led government since it came into power following 2013 general...
ECNEC clears Diamer Bhasha dam, poverty alleviation projects
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) under the chair of Prime Minister Shahid Khaqan Abbasi approved various energy,...
Market Daily: KSE 100 recovers as results season starts
LAHORE: Indices at the Pakistan Stock Exchange (PSX) took a turn for the better as investor sentiment was positively fueled by speculations...
FDI up 4.4pc, generating greater investment in the nine months FY2017/18
KARACHI: Foreign Direct Investment (FDI) amounted to almost $2.1 billion, up 4.4 per cent or $89.1 million from a year ago in the...
PRGMEA shows concerns over duty drawback of taxes 2017-18Â
KARACHI: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Central, Shaikh Mohammad Shafiq has expressed grave concerns about the decreasing trend...
Fauji Cement posts Rs854.3mn profit for Q32018
LAHORE: Fauji Cement Company Limited (FCCL) Â in a notification to the Pakistan Stock Exchange (PSX) on Tuesday, released financial results for the...
Cassini Partners to launch operation in Pakistan from May 2
ISLAMABAD: Cassini Partners has announced the official launch of its Pakistan operations from May 2. The launch event will include a presentation...
SBP’s informal ‘currency controls’ major hurdle in sale of Bank Alfalah, Meezan Bank and Faysal Bank
LAHORE:Â As foreign owners look to sell off their stakes in three major Pakistani banks to local buyers, the State Bank of Pakistan...
Total national development outlay to be over Rs2,000 billion: Ahsan Iqbal
ISLAMABAD: The total national development outlay for the next financial year will be over Rs 2000 billion. The government, keeping in view...