Textile exports increase 7.2pc to $7.73bn in the last seven months

KARACHI: Pakistan’s textile exports surged by 2.1 per cent year-on-year (YoY) to $1.085 billion in January 2018 compared to $1.064 billion in...

Hum Network to launch an online grocery business

LAHORE: Hum Network Limited (HNL) through a notification to Pakistan Stock Exchange (PSX) has informed that the company is venturing into an...

Government to fully support Thar coal power projects

ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan on Wednesday assured full government support for the timely completion of...

WAPDA completes Harpo Skardu hydropower project feasibility report

ISLAMABAD: Water and Power Development Authority (WAPDA) has completed feasibility report of 34.5MW capacity Harpo Skardu hydropower project. This was stated by Project...

FPCCI appoints Muhammad Kamran Saleem as Takaful Standing Committee Chairman

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has appointed Pak-Qatar Takaful Group (PQTG) Chief Financial Officer (CFO) and...

Senate committee approves FBR proposed PSDP budget for 2018-19

ISLAMABAD: Senate Standing Committee on Finance, Revenue and Economic Affairs on Wednesday approved the allocation of Rs6.155 billion for its 49 new...

Ministry of Planning, Development and Reform releases funds for development projects

ISLAMABAD: Ministry of Planning, Development and Reform Spokesman Asim Khan has highlighted that the ministry has released fund for development projects during...

PTA’s member enforcement assures adherence to PM’s directions

ISLAMABAD: Pakistan Telecommunication Authority (PTA) member enforcement has finally assured the Prime Minister (PM) that his directions regarding the exercise of PTA...

FBR collects Rs579mn less tax from mobile phone operators

ISLAMABAD: The Federal Board of Revenue (FBR) failed to maintain last year’s performance on the collection of withholding tax from mobile phone operators...

Market Daily: KSE 100 plunges 707.85 points intraday

LAHORE: The Pakistan Stock Exchange (PSX) did not perform on Tuesday as investors lacked positive triggers. Moreover, sentiments looked bearish as Adviser...

LPG prices to reduce by Rs15 next month: Irfan Khokhhar

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Standing Committee on Liquefied Petroleum Gas (LPG) Chairman Irfan Khokhhar on Sunday...

Sirajuddin Aziz joins Habib Bank AG Zurich as Group Financial Institutions CEO

KARACHI: Sirajuddin Aziz has been elevated as the Group Financial Institutions CEO, along with being entrusted with other responsibilities, in Habib Bank...

OGDCL net sales revenue increases by 18pc to Rs95.960bn

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) net sales revenue increased by 18 per cent to Rs95.960 billion compared to Rs81.081...

Khushhali Microfinance Bank posts 40pc increase in pre-tax profits

KARACHI: Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year 2017 on February 14, 2018, in Islamabad, posting appreciable...

ICCI holds RTC on Charter of Economy

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal Khan, attended the Round Table Conference (RTC) on Charter of Economy arranged by...