Bank Al Habib declares pre-tax profit of Rs9.92 billion
The Board of Directors of Bank AL Habib Limited announced the financial results of the Bank for the nine months period ended September 30,...
Market Daily: Investors in dire need of positive triggers, KSE100 sheds 158.36pts
LAHORE: The Pakistan Stock Exchange (PSX) saw a weal session of trading before Economic Survey 2017-18 is unveiled on Thursday. It was a busy...
Investment in country increased by 78%, claims Minister Hammad Azhar
LAHORE: Minister for Economic Affairs, Hammad Azhar has said that investment in the country has increased by 78 percent due to the prudent policies...
PSO demands Rs100 billion as defaults looms
ISLAMABAD: The country’s largest oil supplier Pakistan State Oil (PSO) has warned the government of its looming international defaults and has sought over Rs...
CPEC ushers Pakistan into new industrialization phase: China Daily
BEIJING: Pakistan, under China-Pakistan Economic Corridor (CPEC), has entered the industrialization phase and with renewed conviction, the country can rely on the successful experience...
NAB likely to cut out names of accused from ECL in KASB-BankIslami case
LAHORE: Prime Minister Imran Khan has directed authorities to consider taking off names of four accused in the KASB Bank merger case, including a...
No foreign loans obtained in August by govt, says: Finance Ministry
Islamabad: According to sources in Ministry of Finance, Pakistan hadn’t obtained any commercial foreign loan loans since Prime Minister Shahid Khaqan Abbasi took the...
SECP defers applicability of IFRS 9
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has deferred the applicability of the International Financial Reporting Standard (IFRS) 9 "Financial Instruments" for all...
FDI jumps to 15.6pc, adding $262.5 mn from last year
KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5 million from...
PSX set to launch ETF this year: Morin
KARACHI: Pakistan Stock Exchange (PSX) CEO Richard Morin said on Thursday an exchange-traded fund (ETF) will be launched on the bourse in the second half of...
Additional Rs209 billion collected in first 5 months: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) says it collected additional Rs209 billion during the first five months of this fiscal year 2019-2020 due...
Byco Petroleum reports Rs1.9bn gross profit for FY19
Byco Petroleum Pakistan Ltd (BPPL), the country's leading oil company, has announced its financial results for the year ended 30 June 2019.
The last fiscal...
Financing agreements worth $400mn signed with World Bank
ISLAMABAD: Economic Affairs Division here on Tuesday signed two financing agreements worth $400 million with the World Bank Group. These include Punjab Cities Programme ($200 million) and...
Market Daily: PSX puts up weak show as KSE-100 closes in red
LAHORE: The Pakistan Stock Exchange (PSX) trailed regional and world markets and put up a weak show on Wednesday. A plunge in the Turkish...
Bullish momentum prevails as index closes 322 points higher
KARACHI: Extending the rally from the previous session, the Pakistan Stock Exchange (PSX) closed on Thursday with decent gains.
Foreign investors turned once again closed the...
