Bank AL Habib reports 38pc increase in profit
The Board of Directors of Bank AL Habib Limited has announced the bank’s financial results for the three months period ended March...
DG Cement incurs Rs1.07bn loss in 3QFY20
LAHORE: The Board of Directors of D.G. Khan Cement Company Limited (DGKCC) met on Thursday to review the company's performance and announce...
State bank, govt working together to shield economy: Reza Baqir
State Bank of Pakistan (SBP) Governor Reza Baqir said the central bank and the federal government had been working together to shield...
MCB profit rises 33pc to Rs6.6bn in Q12020
LAHORE: The Board of Directors of MCB Bank Ltd (MCB) met on Wednesday to review the bank’s performance and announce its financial...
FBR disbursed Rs175bn tax refunds among exporters
ISLAMABAD: The Federal Board of Revenue (FBR) has disbursed Rs175 billion (with an additional amount of Rs50 billion) tax refunds among exporters...
IMF says satisfied with Pakistan’s implementation of economic reforms
Pakistan’s inflation to fall to 4.8pc, debt-to-GDP ratio to 73pc in 2025
HabibMetro’s income falls 5pc in first quarter
KARACHI: The Board of Directors of Habib Metropolitan Bank Ltd (HMB) met on Friday to review the bank’s performance and announce its...
1Q2020: Engro Fertilizers posts 86pc decline in profit
LAHORE: The Board of Directors of Engro Fertilizers Limited (EFERT) met on Monday to review the company's performance and announce its financial...
Govt releases Rs963m for Revenue Division projects
ISLAMABAD: The federal government has so far authorised release of Rs962.725 million for various ongoing and new projects of the Revenue Division...
After $1.4b approval, IMF puts on hold $6b EFF programme
ISLAMABAD: In the wake of coronavirus pandemic and disbursement of $1.386 billion under the Rapid Financing Instrument (RFI) to help Pakistan address...
SBP has given one-year reprieve on loan repayments, court told
ISLAMABAD: The Islamabad High Court (IHC) on Friday adjourned hearing on a citizen’s petition seeking to stop a local bank from harassing him...
IMF cuts FBR’s target by Rs895bn
ISLAMABAD: The International Monetary Fund (IMF) has revised the Federal Board of Revenue’s (FBR) target to Rs3,908 billion from Rs48,03 billion, showing a...
WB chief says more trade will ease pandemic’s economic impact
WASHINGTON: World Bank President David Malpass said on Friday that countries need to allow more trade in order to recover from the...
IMF approves $1.4bn in coronavirus aid to Pakistan
ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of $1.386 billion under the Rapid Financing Instrument...
200bps decrease in policy rate provides govt Rs1tr cushion: Pasha
Former finance minister and eminent economic expert Hafeez Pasha on Thursday said the reduction of 200 basis points by the State Bank...