AHL report holds bullish view for PSX in 2018
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Arif Habib Limited report states PML-N likely to lead in general election
KARACHI: Arif Habib Limited (AHL) holds a bullish view of...
PICIC insurance set to merge into Crescent Star Foods
LAHORE: A bourse notification Tuesday filed by PICIC Insurance revealed the company's board of directors had approved its merger with Crescent Star...
Japan’s unemployment rate dips to lowest since 1993
TOKYO: Japan’s unemployment rate in November dipped to its lowest level since November 1993, official data showed Tuesday, offering another sign that...
Govt to hold new round of bidding for petroleum exploration blocks
ISLAMABAD: The government under immense pressure from provinces has finally decided to hold a fresh round of bidding for petroleum exploration blocks...
Gasport, FBR locked in dispute over Rs1.5 billion custom duty payment
ISLAMABAD: The second LNG gas terminal which has been a bone of contention and controversy since its inauguration last month is now...
Mobile phone importers face crunch, as duties bite into sales
KARACHI: Major price increases have been witnessed in the price of mobile phones, as rupee’s recent depreciation and governments decision to crackdown...
Decrease tax rate for banks earning income from providing financing to SME’s: SBP
LAHORE: The State Bank of Pakistan in its recently launched policy for promotion of Small and Medium Enterprises (SMEs) has proposed decrease...
CPEC projects: FBR stops tax department from freezing bank accounts
KARACHI: Tax department has been stopped by the Federal Board of Revenue (FBR) from freezing bank accounts of companies for non-compliance in...
Pak, Italy private sectors’ collaboration stressed
LAHORE: Former Lahore Chamber of Commerce and Industry board member Chaudhry Khadim Hussain on Monday said that collaboration between private sectors of...
PSX isn’t doing well because the regulator is over-regulating: Financial analysts
The key dilemmas facing Pakistan’s equity market — a small investor base, few new listings on the Pakistan Stock Exchange (PSX), and shrinking...
Privatization commission pondering setting up SPV for PSM to settle liabilities
ISLAMABAD: With Pakistan Steel Mills liabilities swelling to Rs188 billion, the Privatization Commission is pondering to launch a special purpose vehicle (SPV)...
Descon to expand footprint into South Africa, will acquire small plant for $10 million
LAHORE: One of Pakistan’s largest companies, Design and Engineering Services and Construction Limited (DESCON) has decided to venture into South Africa by...
Indus Motors jacks up prices for Corolla, Honda & Suzuki expected to follow suit
KARACHI: The rupee depreciation has forced Indus Motor Company (IMC) to jack up prices of 1300-1600cc cars by over Rs 50,000 ahead...
New SME policy to provide Rs6 billion for solar, hydro, wind energy projects
KARACHI: The government has made Rs6 billion available at a subsidized rate of 6 percent for renewable energy projects for hydro, solar,...
Chinese automakers interested in setting up plants in Pakistan
ISLAMABAD: A delegation of Chinese manufacturers and assemblers of automobiles including heavy duty trucks, engines, auto parts and tyres visited Islamabad Chamber...