Finance ministry seeks early nominations of NFC members from provinces
ISLAMABAD: The Finance Ministry has called upon provincial governments to reconfirm their nominations of non-statutory members for the National Finance Commission (NFC) as early...
Malaysia’s edotco keen to enhance operations in Pakistan
ISLAMABAD:Â Malaysian firm 'edotco Group' on Thursday expressed its commitment to transforming the telecommunications landscape of Pakistan.
Briefing the media about the future investment plan of...
KSE-100 continues to bleed, sheds another 486 points
KARACHI:Â The stock market continued to bleed on Friday as the investors preferred to observe activities on the political and economic fronts. Indices remained volatile...
Overseas Pakistanis remit $1.93bn in July
KARACHI: Overseas Pakistani workers remitted $1.929 billion in the first month (July) of 2018-19 as compared with $1.541 billion received during the same period...
FFC Annual Report 2017 awarded 1st position by ICAP/ICMAP
ISLAMABAD: Fauji Fertiliser Company (FFC) Annual Report 2017 has been declared number one by the Institute of Chartered Accountants of Pakistan (ICAP) and the...
Budget 2018-19: Govt allocates Rs 802 million for Climate Change Division
According to budgetary documents, total Rs802.69 million is earmarked for Climate Change Division. Out of the total amount, Rs766.69 million is for ongoing schemes and projects, meanwhile, Rs36 million has been allocated for new schemes during FY 2018-19.
Capital markets key avenue for attracting foreign inflows: Dr Shamshad Akhtar
ISLAMABAD: Strengthening of the capital market is critical for augmenting domestic resource mobilisation to support the growing financing requirements of the country, said Caretaker...
Soneri Bank posts Rs1.9bn profit for 2019
The annual financial statements of Soneri Bank Limited for the year ended 31 December 2019 were approved by the bank’s shareholders in its 28th...
Stock market gains 550 points as investor confidence improves
Overall trading volumes improved by 32pc and were recorded at 189.15m
KARACHI:Â After few early bumps, the Pakistan Stock Exchange managed to stand its ground...
Nishat Mills’ consolidated profit drops 14pc in 3QFY20
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...
Pakistan’s direct investment dips by 42pc in Q1
KARACHI:Â The direct investment in the country has declined by 42 per cent in the first quarter (Q1) (July-September) of the fiscal year 2018-19 and...
Painful structural adjustments on macro weaknesses await next government
LAHORE: Structural weakness in Pakistan’s trade account deficit that has swelled commodity prices again, poses critical challenges which cannot be managed by the new...
SBP injects Rs1,907 bn into money market
KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs1,907.250 billion into the money market for seven days as reverse repo purchase through...
AF Ferguson celebrates 125 years of service
KARACHI: AF Ferguson & Co. on Friday celebrated its 125 years of professional services.
The event, held at a local hotel in Karachi, was attended...
IMF forced into leadership search early by Lagarde exit
WASHINGTON: The reshuffle of leadership positions in Europe now forces world finance officials into a search for a new manager for the International Monetary...
