Fauji Cement posts Rs854.3mn profit for Q32018
LAHORE: Fauji Cement Company Limited (FCCL) Â in a notification to the Pakistan Stock Exchange (PSX) on Tuesday, released financial results for the...
SBP’s informal ‘currency controls’ major hurdle in sale of Bank Alfalah, Meezan Bank and Faysal Bank
LAHORE:Â As foreign owners look to sell off their stakes in three major Pakistani banks to local buyers, the State Bank of Pakistan...
Owner of ‘Winsome Package’ arrested in tax fraud case
ISLAMABAD:Â The Directorate of Intelligence and Investigation (Inland Revenue) Federal Board of Revenue (FBR) Karachi has arrested the owner of M/s Winsome Package...
NBP committed to housing sector finance: NBP President
KARACHI: The President and CEO of National Bank of Pakistan, Saeed Ahmad,
reaffirmed the commitment of NBP to grow and develop housing sector...
Natural gas production witnesses decline under present govt
ISLAMABAD: The production of natural gas in the country has witnessed a decline, allegedly to facilitate the business of Liquefied Natural Gas...
NADRA to give FBR a list of 1 mn individuals liable to pay tax: Miftah
ISLAMABAD: Though experts question the moral authority of the government to present the 6th budget, an announcement by the Khyber Pakhtunkhwa (KP) government...
Petroleum sector makes waves, OGDC wipes 112pts
LAHORE: The oil and gas sector made waves at Pakistan Stock Exchange (PSX) throughout the day as the Oil & Gas Development...
Haroon Akhtar seeks greater S. Korean investments in Pakistan
ISLAMABAD:Â Special Assistant to Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said that the business and investment environment in Pakistan...
Market Daily: KSE 100 drops 389.62pts to selling, political pressures Â
LAHORE:Â The KSE 100 index dropped a whopping 389.62 points, and settled at 45682.24 on Monday. Off to a rocky start once again...
Nestlé Pakistan announces Rs3.38bn profit after tax, down 17.3pc YoY
LAHORE: Nestlé Pakistan Limited in a notification to Pakistan Stock Exchange (PSX) on Monday, released its financial results for the period ended...
Increased CPEC-trade flow, business activity to boost revenues: Member FBR
ISLAMABAD:Â The Federal Board of Revenue's member in the Facilitation and Taxpayers Education (FATE) wing, Nausheen Javaid Amjad has said the increased trade...
SECP registers 1,125 new companies in March 2018
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in March, registered 1,125 new companies, raising the number of registered companies to 84,783. Compared...
Gulf investors seek exit opportunity from Pakistan’s banking industry
LAHORE:Â After holding their positions for decades, a number of Gulf investors are looking for a suitable exit opportunity from the Pakistani banking...
Shell Pakistan set to announce new CEO on 24th April
LAHORE: A notification sent to the Pakistan Stock Exchange (PSX) by Shell Pakistan revealed its Chief Executive Officer Jawwad Ahmed Cheema will...
Asian shares mixed, as political risks loom
TOKYO: Shares were mixed in Asia after an upbeat start to the week, with Chinese benchmarks leading decliners. The air strikes on...