NPLs fall in the last quarter of CY2016
Non-performing loans (NPLs) went down in the last quarter of the calendar year 2016 while small and medium enterprises (SMEs) continued to...
ICAP CFO Conference 2017 to discuss impact of CPEC on industry
The Institute of Chartered Accountants of Pakistan’s (ICAP) CFO Conference 2017, a grand annual event for business leaders and finance professionals, is...
BOK earns record profit of Rs.2 bn, announces 15pc cash dividend
The Bank of Khyber’s (BOK) operational performance demonstrated a record improvement in all areas for the year 2016. The bank managed to...
WAPDA signs contracts worth Rs 180 billion for Dasu Hydropower Project
The Water and Power Development Authority (WAPDA) on Wednesday signed two contracts worth Rs 180 billion with the China Gezhouba Group Company...
Power ministry resorts to additional subsidy as circular debt mounts
With energy companies facing a looming default crisis and warning the government of invoking sovereign guarantees, the Ministry of Water and Power...
High quality solar energy maps launch in Pakistan
High-quality solar maps have been launched in Pakistan through a partnered global initiative by Alternative Energy Development Board (AEDB) Â and the World...
Banking sector ‘Profits’ remained stagnant in 2016
The banking sector profitability remained flat in 2016, owing to the lower Net Interest Income (NII) and Net Interest Margins (NIMs), as...
Telenor Pakistan to part ways with its brainchild Easypaisa
Easypaisa, Pakistan’s first Fintech payment gateway is parting ways with Telenor Pakistan, the company which found it back in 2009 and had...
Marketing Pakistan
Marketing Association of Pakistan (MAP) will hold the Sixth Marketing Conference in Lahore on 13th-14th March, under the title of MARCON ’17,...
Try Try Again
Mother of two teenaged boys, daughter of Anwar Moosajee (owner of the famous A. Moosajee and sons), a food and nutrition scientist,...
Chinese truck makers dominate PAPS at the Karachi Expo Centre
Chinese trucks companies are showing keen interest in making entry into the Pakistani Automobile sector. Their presence was greatly felt at the...
Big bucks but mediocre results
When it comes to stock market performance of last year, listed banks’ were at a distant south of benchmark KSE-100 Share Index...
Cement sector registers negative growth
In spite of cement consumption having rebounded in the domestic market in February; the industry registered a negative growth for the first...
Meddling with PTCL’s infrasturcture to result in heavy penalities
A notice has been sent out by PTCL today claiming that its infrastructure is damaged by a number of entities including individuals,...
GSP to undertake 3D mineral survey in Sindh, Balochistan
The Geological Survey of Pakistan (GSP) will launch a Rs 663 million 3D mineral survey in potential areas of Sindh and Balochistan to...