Finance Minister, FBR urged to restore FTR regime for commercial importers
ISLAMABAD: Senior Vice President (SV) and Chairman of Budgetary Advisory Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...
SBP adheres to SHC order, invites KASB shareholders to register complaints
KASB was sold for a mere Rs1000, while Sindh High Court termed SBP’s role in the BankIslami-KASB merger as a “breach of statutory duty.”
Market Daily: Political uncertainty, Nawaz Sharif’s remarks wreak havoc at PSX
LAHORE: The session left a trail of blood on the streets as market bulls were ripped to shreds in the wake of...
Vietnam, Pakistan to sign free trade agreement soon: envoy
SIALKOT: The Ambassador of Vietnam to Pakistan Pham Hong Kim on Monday said that Vietnam and Pakistan have been actively considering signing...
ADB for smarter, stronger public-private partnerships
ISLAMABAD: The Asian Development Bank (ADB) and the Government of Pakistan agreed to chart new ways to pursue more robust and inclusive...
Veon reports $109mn loss in Q1 while Russian arm improves
Veon, which also operates in Pakistan, Ukraine, Uzbekistan, and Algeria, reported a loss of $109 million, versus a loss of $5 million in the same period a year ago.
Bank Alfalah selling Afghanistan operations to Azizi bank
In April, Bank Alfalah in a notification sent to the stock exchange had denied rumours that the bank had been sold
Dewan Cement rejects Mega Conglomerate’s acquisition offer
Dewan Cement’s spokesperson has claimed the negotiations are still going on and the deal could be salvageable, however, there has been no formal announcement on the stock exchange by Dewan Cement about the status of the deal
Who owns Pakistan? 11 business groups that own 35pc of KSE’s market cap
An infographic by KASB Securities has named the top 11 business groups, which make up 35 per cent of the total KSE...
PM wants exporters to push country’s exports to $100bn
LAHORE: Prime Minister of Pakistan Shahid Khaqan Abbasi on Sunday stressed upon the exporters to increase Pakistan's exports to at least $100...
UAE launches $45bn investment to boost refineries
ABU DHABI: Abu Dhabi National Oil Co. on Sunday announced a $45 billion ($38 billion euro) investment to modify an existing facility...
Water scarcity a threat to the country: FPCCI
KARACHI: FPCCI Chairman Coordination Malik Sohail Hussain on Sunday asked the government to take concrete steps to overcome water scarcity which has...
Cement prices increased ahead of FED implementation
LAHORE: Cement makers have increased prices in the northern region by Rs15-20 per bag ahead of the Federal Excise Duty (FED) to...
Masses to pay for excessive profits of influential industrialists: PEW president
KARACHI: The Pakistan Economy Watch (PEW) on Sunday criticised the decision to buy costly electricity from sugar mills in the presence of...
Is Dewan Yousuf serious or will he hoodwink everyone yet again?
The Group faces a serious credibility crisis as it turns down offers for its cement plants for the umpteenth time – even the lucrative Mega offer – raising doubts about its intent to sell and settle the default.