“Profit per branch” Ranking of banks in Pakistan – Year 2016
Notwithstanding the relative size and nature of operations, the profit per branch among Pakistani Banks depicts a peculiar picture.
Citi Bank Pakistan tops...
Chiniotis mean business!
Mushtaq Ahmad Yousufi, the greatest-ever Urdu language satirist, in one of his trademark quips said that Muslims of undivided India thrived only...
Will Toyota be able to kill two birds with this one stone?
Earlier this month, the market was abuzz with talks that Indus Motor Company (IMC), the makers of Toyota Corollas in Pakistan, is...
Suspending people and businesses
On September 29, Muhammad Faisal, a full-time Uber driver in Karachi, as usual left home early, at six in the morning. Having...
Gaslight at the end of PSX tunnel
The week ending on October 14 had been precarious for the PSX and investors as political tensions gave the market a good...
PM woos Turkish entrepreneurs; seeks investment in energy, infrastructure development
ISTANBUL: Prime Minister Shahid Khaqan Abbasi has invited Turkish entrepreneurs, business giants and mega companies to invest in diverse areas of economy in Pakistan especially...
Mobile commerce, a driving force behind banking, says: Chairman PTA
ISLAMABAD: Chairman, Pakistan Telecommunication Authority Dr. Syed Ismail Shah has said that mobile commerce has become a driving force in banking sector...
Pakistan among top five recipients of PPI investment from World Bank
ISLAMABAD: Pakistan has entered the list of five largest recipients of Private Participation in Infrastructure (PPI) investment of World Bank by receiving...
Pakistan Steel Mills privatization plan still intact
ISLAMABAD: Secretary Privatization Irfan Ali on Friday reiterated that Pakistan Steel Mills (PSM) privatization was still on the cards and it was...
Late night dining out: Punjab minister suggests 25pc “luxury tax” on luxury hotels/restaurants
LAHORE: A 25pc luxury tax has been proposed to be enforced on high-class restaurants and hotels catering food to the elites after...
Post-penalty HBL reports hefty loss of Rs14.122 billion for July-September quarter 2017
KARACHI: In a notification sent to the bourse on Friday, Habib Bank Limited announced its quarterly earnings for July-September of financial year...
Oil prices inch upwards due to signs of tightening supplies
SINGAPORE: Oil prices edged up on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China...
Islamic Development Bank to use blockchain for development of Sharia-compliant products
RIYADH: The research arm of the Islamic Development Bank plans to use blockchain technology to develop sharia-compliant products, aiming to support...
Fee payment row impedes start of operations at second LNG terminal
ISLAMABAD: As fee payment row rages on between Fatima Fertilizer and Sui Southern Gas Company (SSGC), Pakistan LNG Terminal Limited is mulling...
Sliding forex reserves: Pakistan obtains $450m loan from Credit Suisse
ISLAMABAD: To support dwindling foreign exchange reserves, Pakistan has borrowed $450m on a short-term facility from a Credit Suisse led consortium of...