Jahangir Siddiqui & Co’s profits decline by 3.12pc
Jahangir Siddiqui & Co. Ltd’s profit for the half year ended June 30, 2018 has declined by 3.12 per cent over the year. The...
MCB Bank posts Rs14.31bn PAT in nine months
The MCB Bank Limited board of directors met under the Chairmanship of Mian Mohammad Mansha on Wednesday to review the bank’s performance and approve...
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Stock market ends lower amid lacklustre trading
KARACHI: The investors of Pakistan Stock Exchange (PSX) witnessed another bumpy session on Friday, as the indices kept oscillating in both directions before closing in...
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...
Cabinet approves Rs100bn youth loan programme
Briefing the media about cabinet decisions here, Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said the cabinet held a thorough discussion on education policy and the new Rs100 billion youth loan programme.
Industrial sector grows at 5.8pc in FY2018
ISLAMABAD: The industrial sector of the country is projected to grow at 5.8 per cent during the current fiscal year 2017-18 against the growth...
With pandemic abating, Naspers backs Bykea in $13mn Series-B round
ISLAMABAD: What do you do when you are a startup and you have survived a ruthless pandemic? If you are Bykea, you raise $10...
Pakistan to inadvertently suffer if world goes to ‘trade war’
KARACHI: US President Donald Trump is embarking on a journey to adopt protectionist policies which might result in a global trade war. Although Pakistan...
Foreign reserves at $18,828.7mn, down 6.13pc MoM basis
LAHORE: Foreign exchange reserves held by the State Bank of Pakistan (SBP) were recorded at $12,703.7 million, down $356.9 million or -2.73 per cent on weekly basis...
Profit repatriation rises to $1.773b in July-April FY18
Power sector recorded the highest FDI inflow $750 million and payments on FDI touched $180 million during July-April FY18
Frances nudges up 2020 deficit forecast to 2.1pc
PARIS: France expects its public sector deficit to reach 2.1 per cent of economic output next year, up from the 2.0 per cent forecast...
Stock market may hold up to eight IPOs in 2019
Arif Habib Group CEO expects the market to post a healthy run next year on back of improving macros and political stability’
KARACHI: The Pakistan...
Pandemic to bring Asia’s 2020 growth to halt for first time in 60 years: IMF
TOKYO: Asia's economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an...
Cabinet endorses gas tariff hike proposed by ECC
ISLAMABAD: The federal cabinet on Thursday endorsed a hike in gas tariff and other decisions taken by the Economic Coordination Committee (ECC).
The meeting of the...
