MCB Bank announces financial results for half year ended June 30
LAHORE: The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on August 01, 2018 to...
Pak Suzuki increases prices on its models by Rs20,000 to Rs45,000
KARACHI: Following the rupee devaluation of up to 15-17 per cent, Pak Suzuki Motor Company Ltd (PSMCL) has increased its car prices...
Market Daily: PSX wraps up with sluggish display, ending in green
LAHORE: The Pakistan Stock Exchange (PSX) put up a confused show on Wednesday. Indices swayed in both directions but managed to close...
$10b Pak-Russia offshore gas pipeline deal under negotiations
ISLAMABAD: Bilateral negotiations are in progress to finalise a Memorandum of Understanding (MoU) for an offshore pipeline deal, aimed at supplying gas...
Pakistan dismisses US concerns about IMF bailout
ISLAMABAD: Pakistan on Wednesday dismissed US concerns for 'a new International Monetary Fund (IMF) bailout for the South Asian nation are to...
Market Daily: KSE-100 down 844 points
LAHORE: The Pakistan Stock Exchange (PSX) witnessed a turbulent session on Tuesday after four days in the green. An international media agency...
Pakistan’s first digital nano loan launched by Telenor Microfinance Bank
KARACHI: In continuation of its efforts to increase financial inclusion, as part of the Government of Pakistan’s National Financial Inclusion Strategy of...
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...
Market Daily: Investor interest on the rise, KSE-100 up 770 points
The KSE-100 index jumped 818.59 points in the session to touch 43,605.04 and closed the session higher by 770.18 points at 43,556.63.
Naya minister, meet purani ministry
The minister is already inheriting the purani ministry and if he fails to come up with a strategy for raising revenue, he will be the same as the purana minister himself
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,...
Handling of economic challenges to guide investors’ sentiments next week
LAHORE:Â Experts believe the relief rally is to be fizzled out gradually over the upcoming week following the shift of focus on key...
PLL’s inefficiencies cause losses to the tune of Rs.1.8b
ISLAMABAD: The country has faced a loss of approximately Rs1.8 billion in two months (May and July 2018) as Pakistan Liquefied Natural Gas Limited...
Caretaker government proposes minibudget
Cut in expenditure, additional regulatory duties on the cards
Global foreign investment flows tumble on Trump’s tax reform, OECD says
OECD's study revealed global foreign direct investment outflows tumbled 44 percent to $136 billion in the first quarter of this year, from $242 billion in the previous quarter