FFC posts Rs8.5bn PAT in nine months
The Fauji Fertilizer Company Limited (FFC) board of directors on Friday announced the financial results for the first nine months of 2018 where the...
Lucky Cement records consolidated profit of Rs14.82b
KARACHI: On a consolidated basis, Lucky Cement Limited reported a net profit after tax of Rs14.82 billion after taking out Rs1.35 billion attributable to...
Pakistan’s forex reseves decrease by $74.70mn
According to data released by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at $17,005 million...
ICAP urges govt to bring all sectors of economy to tax-net
ISLAMABAD:Â The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective of the...
ECC decision on housing finance to be approved by Cabinet today
ISLAMABAD: The federal cabinet, scheduled to meet today (Tuesday) with Prime Minister Imran Khan will endorse the Economic Coordination Committee’s (ECC) decision on housing...
PSX approves Byco Petroleum’s listing of Rs3,120mn Sukuk
The Pakistan Stock Exchange (PSX), according to a notification today on its website, has approved the Listing of the Privately Placed, Rated and Guaranteed...
Banks to observe extended working hours on June 29, 30 to collect taxes
LAHORE: All field offices of the Federal Board of Revenue (FBR) will remain open and observe extended working hours till 8:00 pm on 29 June (Friday),...
Financial sector remains resilient despite tightening of macro-financial conditions: report
State Bank of Pakistan’s (SBP) annual publication Financial Stability Review (FSR) suggests that the level of overall risks to financial stability, as measured by Financial Vulnerability Index, has bottomed out in the calendar year 2017.
Bears return as KSE-100 sheds 382 pointsÂ
KARACHI:Â Optimistic sentiments at the Pakistan Stock Exchange (PSX) proved to be short-lived as the indices dragged the index below the 34,000 mark on Thursday....
Current Account deficit widens by 48pc
KARACHI: The current account deficit in the first seven months of 2017-18 amounted to $ 9.1 billion, up 48.1 per cent from a year...
Profit repatriations on FDI rise to $124mn in July
Repatriation of profits earned on foreign direct investments (FDI) brought into the country have surged to $124.2 million during the first month of the...
Bulls dominate as KSE-100 stages 636-point rally
KARACHI:Â Bulls managed to take control of the Pakistan Stock Exchange (PSX) after a slow start to the session on Friday.
The indices started the day...
Chinese consortium to buy 25 per cent stake in Dhaka Stock Exchange
A Chinese consortium has proposed buying a 25 per cent stake in Dhaka Stock Exchange for BDT9.9 billion ($118.998 million), reported a Bangladeshi news...
1QFY21: Nishat Mills’ profit up 2.5pc to Rs946m
LAHORE: The Board of Directors of Nishat Mills Limited (NML) met on Wednesday to review the company’s performance and announce its financial results for the...
World’s richest 26 own same wealth as poorest half: Oxfam
Analysts found that 3.4 billion people have barely escaped extreme poverty and are living on less than $5.50 a day
The world's 26 richest...
