Fauji Cement posts Rs854.3mn profit for Q32018

LAHORE: Fauji Cement Company Limited (FCCL)  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: 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...

Owner of ‘Winsome Package’ arrested in tax fraud case

ISLAMABAD: The Directorate of Intelligence and Investigation (Inland Revenue) Federal Board of Revenue (FBR) Karachi has arrested the owner of M/s Winsome Package...

ICRU, private sector collaborate to resolve taxation issues

LAHORE: The Investment Climate Reform Unit (ICRU), Planning and Development, Punjab, held the first task force meeting, to address the taxation issues...

NBP committed to housing sector finance: NBP President

KARACHI: The President and CEO of National Bank of Pakistan, Saeed Ahmad, reaffirmed the commitment of NBP to grow and develop housing sector...

PSO resumes fuel supply to PIA after disputes over non-payment

LAHORE: Earlier this month, Pakistan State Oil (PSO) had halted fuel supply to the national carrier Pakistan International Airlines (PIA) over non-payment disputes;...

Natural gas production witnesses decline under present govt

ISLAMABAD: The production of natural gas in the country has witnessed a decline, allegedly to facilitate the business of Liquefied Natural Gas...

NADRA to give FBR a list of 1 mn individuals liable to pay tax: Miftah

ISLAMABAD: Though experts question the moral authority of the government to present the 6th budget, an announcement by the Khyber Pakhtunkhwa (KP) government...

Petroleum sector makes waves, OGDC wipes 112pts

LAHORE: The oil and gas sector made waves at Pakistan Stock Exchange (PSX) throughout the day as the Oil & Gas Development...

Haroon Akhtar seeks greater S. Korean investments in Pakistan

ISLAMABAD: Special Assistant to Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said that the business and investment environment in Pakistan...

Market Daily: KSE 100 drops 389.62pts to selling, political pressures  

LAHORE: The KSE 100 index dropped a whopping 389.62 points, and settled at 45682.24 on Monday. Off to a rocky start once again...

Nestlé Pakistan announces Rs3.38bn profit after tax, down 17.3pc YoY

LAHORE: Nestlé Pakistan Limited in a notification to Pakistan Stock Exchange (PSX) on Monday, released its financial results for the period ended...

Increased CPEC-trade flow, business activity to boost revenues: Member FBR

ISLAMABAD: The Federal Board of Revenue's member in the Facilitation and Taxpayers Education (FATE) wing, Nausheen Javaid Amjad has said the increased trade...