BoK profits fall by more than 50% after attempted expansion
Bank’s expansion plan coupled with troubled economy hindered its profitability for the year
Maple expands in midst of big year for cement
MLCF now has more than 15% shareholding in Pioneer Cement
PIA reduces routine flights to GB by half
Announcement made after PIA announced a 35% cut in salaries of pilots
KSA extends $1.2b deferred oil payment facility till Feb 2024
Pakistan imports oil on deferred payment basis worth $50m every month
Prospective car buyers stare into the abyss, Toyota and Lucky Motors announce fifth price increase for 2023
The average Toyota vehicle is now Rs3.9 mn more expensive than in March 2022, whilst the average Lucky Motor vehicle is now Rs2.23 mn more expensive
FIA clears six names in Hascol scam. But on what grounds?
Re-investigation has given a clean chit to six persons including a close companion of Ishaq Dar.
Power consumers to pay additional Rs 14.24/unit
New surcharge will be added to consumer bills on account of deferred FCA
Australia rejects India’s request seeking GI tag for basmati rice
Unlike the case in EU, Pakistan did not contest India's application in Australia
For nth time, Dar claims staff-level agreement right around the corner
The finance minister’s promises seem to have stopped giving confidence to the markets which continued to show negative trends.
Mari Petroleum successfully completes commissioning of facility in Daharki, Sindh
Plant beats pre-production gas estimation by producing 95 MSCFD gas to SNGPL
Sethi eyes HBL PSL expansion with two new teams. But where does that leave existing franchises?
Existing franchises worried about new teams cutting into profits. Sethi claims it will be win-win for all. Says the tournament's future depends on the sale of digital rights.
Abraaj founder loses challenge to U.S. extradition on fraud charges
Naqvi's lawyer argues he suffers from severe depression with “real risk” of suicide if he is extradited
Real estate entity Al Rehman Developers buys Public News
Acquisition of channel announced on social media
Honda announces longest plant shutdown since Covid-19
Company will not produce cars for remainder of March
Chinese embassy writes to govt for resolving Port Qasim payments issue
Recent developments in the energy sector show industry’s struggle to both mine coal from Thar and import it, signalling trouble in coming months