Bank AL Habib declares pre-tax profit of Rs8.55bn
The Board of Directors of Bank AL Habib Limited announced the financial results for the half-year ended June 30, 2019. The bank...
IPO-Pakistan vows ‘relentless drive’ against counterfeiting, piracy
ISLAMABAD:Â In a drive against counterfeiting and piracy, Intellectual Property Organization (IPO-Pakistan), in collaboration with the law enforcement agencies, would act against those...
IHC directs telcos to submit Rs36bn for licence renewal
ISLAMABAD:Â The Islamabad High Court (IHC) on Wednesday directed two mobile companies, Mobilink and Telenor, to submit Rs36 billion ($224 million) each within...
Govt to operationalise special economic zones soon
ISLAMABAD:Â The federal government, in coordination with the provinces, would soon operationalise special economic zones and export processing zones across the country to...
POL production dips 8.3pc in FY19
ISLAMABAD:Â The overall production of petroleum commodities witnessed a decrease of 8.35pc during the fiscal year 2018-19, as compared to the corresponding period...
IMF to Trump: It’s not working
WASHINGTON:Â US tariffs on China won't fix the trade deficit, and neither will weakening the US dollar through interest rate cuts, International Monetary...
HBL becomes first bank to offer credit cards through mobile app
HBL has now become the first bank in Pakistan to offer credit cards through its mobile app.
According to details shared by the...
Agri credit outreach grows 8pc to 4m farmers
ISLAMABAD: The agricultural credit outreach in the country during the financial year 2018-19 (FY19) recorded a growth of about 8pc, as 4.01...
Current account deficit shrinks 73pc in July
Following the government's agreement with the International Monetary Fund (IMF) on implementing tough measures for a bailout of $6 billion, Pakistan's current...
Alibaba postpones up to $15bn Hong Kong listing amid protests
HONG KONG/NEW YORK: China's biggest e-commerce company Alibaba Group Holding Ltd has delayed it’s up to $15 billion listing in Hong Kong...
Stocks extend gains with 553-point rally
KARACHI:Â The Pakistan Stock Exchange (PSX) carried forward its positive momentum for the third successive session, ending the day in the green zone...
Tractor production falls 30.5pc in one year
The production of tractors in the country during the last fiscal year (FY19) dropped by 30.59pc as compared the production in the...
APG adopts Pakistan’s 3rd Mutual Evaluation Report
ISLAMABAD: The six-day 22nd annual meeting of the Asia-Pacific Group on Money Laundering is being held in Canberra, Australia.
A senior-level delegation from...
Intel launches first artificial intelligence chip Springhill
JERUSALEM: Intel Corp on Tuesday launched its latest processor that will be its first using artificial intelligence (AI) and is designed for...
RCCI to hold ‘gems & jewellery exhibition’ on 23rd
RAWALPINDI: Rawalpindi Chamber of Commerce and Industry President Malik Shahid Saleem said on Tuesday that the chamber would organise a three-day 'gems...