Non-performing loans stood at 9.3pc during Q2 FY 2017-18
ISLAMABAD: The Non-Performing Loans (NPLs) during the second quarter of the fiscal year 2017 stood at Rs614,816 million against total advances of...
OCAC refutes Honda’s allegation, says fuel sold locally meets regulatory requirements
ISLAMABAD: Pakistan’s fuel suppliers said on Friday that gasoline sold locally meets regulatory requirements following a complaint filed by Honda Motor Co’s...
Market Daily: KSE 100 gains 565.13 points
LAHORE: The Pakistan Stock Exchange (PSX) opened the session with a positive outlook as investors found this to be an opportunity to...
Cement capacity utilisation touches 93pc in October
KARACHI: Cement consumption continued to surge in October 2017 as the monthly despatches of the commodity reached a record high of 4.222...
15 projects of alternative energy to be completed by Nov 2018: Sardar Awais
ISLAMABAD: Power Minister Sardar Awais Ahmed Khan Leghari on Friday said 15 projects of alternative energy will be completed by November 2018,...
SECP embargoes brokers’ engaging unauthorized agents, freelancers
ISLAMABAD: The Securities and Exchange Commission of Pakistan has put an embargo on stock market brokers disallowing them to work with outsiders...
Zong 4G upgrades its backbone transmission network to 100Gbps
KARACHI: In order to keep up with its fast-rising subscriber base, Zong 4G has successfully expanded its backbone transmission network from multiples...
Puma Energy expands operation in Pakistan
KARACHI: Puma Energy, the globally integrated midstream and downstream energy company, has successfully concluded an agreement with the Chishti Group to acquire...
Cement industry defaults over Rs1.5bn marking fee to PSQCA
---PSQCA approaches Supreme Court against nonpayment of dues by the industry for over a decade
ISLAMABAD: As the longstanding issue of marking fee,...
NTDC energises Port Qasim Transmission Line to evacuate power from Bin Qasim Coal Power Plant
ISLAMABAD: National Transmission and Despatch Company (NTDC) has energised the first phase of 500kV double circuit quad bundle transmission line from Port...
The real reason behind a 1/3rd drop in Sep’ remittances
LAHORE: The recent drop in remittances by almost a third has been attributed to the “HBL saga” as per a research report published today....
Asian shares fall as investors await new Fed leader
TOKYO: Asian stock markets were mostly lower on Thursday as investors awaited President Donald Trump’s announcement on his choice to lead the...
NEPRA rejects application of Nishat Energy to establish coal-fired power plant
ISLAMABAD: National Electric Power and Regulatory Authority (NEPRA) has rejected the application of Nishat Energy Limited (NEL) for the grant of generation...
Govt implements facilitative policies for telecom industry in Pakistan: PM
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Wednesday said that the government had implemented facilitative policies for telecommunication industry in Pakistan which flourished...
Market Daily: PSX makes a comeback, KSE 100 gains 836.45 points
-- Market bounced twice from 39,500 points
LAHORE: The Pakistan Stock Exchange (PSX) took a huge turn on Wednesday and recovered the losses...