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...

Bank Alfalah’s profit falls 8.6pc to Rs2.89bn

KARACHI: The Board of Directors of Bank Alfalah met on Sunday to review the bank’s performance and announce its financial statements for...

Remittances expected to reach $21bn in current fiscal year

The Ministry of Finance has said that the government measures announced recently to boost remittances have paid off as remittances have already...
Makhdum Khusro Bakhtyar

Int’l community’s financial support against COVID-19 crisis lauded

ISLAMABAD: Minister for Economic Affairs, Makhdum Khusro Bakhtyar has appreciated the continued support received from the international community including development partners to...

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: 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)...