World Bank pandemic bonds will funnel $196m to 64 poor countries
LONDON: A World Bank pandemic funding programme will see $195.84 million distributed as soon as next week among 64 of the world's...
Millat Tractors’ profit falls 46pc in 3QFY20
LAHORE:Â The Board of Directors of Millat Tractors Limited (MTL) met on Monday to review the company's performance and announce its financial results...
Indian govt brushes off tax officers’ proposal for coronavirus tax on super rich
MUMBAI: A group of Indian Revenue Service officers have recommended taxing the super rich, and foreign companies, to help pay for the...
FBR likely to set Rs5.1tr revenue target for FY21: member
ISLAMABAD: Member Inland Revenue Policy, Federal Board of Revenue Dr Hamid Ateeq on Sunday said keeping in consideration the existing and post...
Maple Leaf Cement incurs Rs960m loss in 3QFY20
LAHORE: The Board of Directors of Maple Leaf Cement Factory Limited (MLCF) recently met to review the company's performance and announce its...
ADB pledges $1.7bn for Pakistan to fight coronavirus
ISLAMABAD: The Asian Development Bank (ADB) has assured to provide $1.7 billion to Pakistan to fight the impacts of the coronavirus.
The assurance...
3QFY20: Indus Motor reports 20pc decrease in profit
LAHORE: The Board of Directors of Indus Motor Company Limited (INDU) met on Friday to review the company's performance and announce its...
UBL profit increases 21pc to Rs4.9bn
KARACHI: The Board of Directors of United Bank Ltd (UBL) met on Thursday to review the bank’s performance and announce its financial statements...
Pak Suzuki declares Rs941m loss for 1Q2020
LAHORE: The Board of Directors of Pak Suzuki Motor Company Limited (PSMC) met on Thursday to review the company's performance and announce...
Soneri Bank posts Rs407m profit for 1Q2020
The Board of Directors of Soneri Bank Limited, in its 176th meeting held in Lahore, approved the bank’s condensed interim financial statements...
Non-textile sector to start receiving Rs828m refunds from Friday: minister
ISLAMABAD: Prime Minister’s Adviser on Commerce and Investment Abdul Razak Dawood on Thursday announced that Drawback of Local Taxes and Levies (DLTL)...
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...