Business

Company posts Rs128m profit during Jul-Sep, down 49%

Results in line with forecast, company to reap benefits of CPEC initiation, say analysts

The revenue dipped by 8%, while expenditure has been brought down by 22%

Extends application of reduced WHT and imposes 10% duty on yarn import

Benchmark KSE-100 index rises 271 points

PAAPAM official says low cost of production luring investors to Pakistan

Overall revenue clocks in at Rs449.5b, sales of CMOs decline as well

Organisers hope country can tackle crisis with efficient solutions

Despite centre’s requests, provinces have yet to respond

Cost up due to price escalation, exchange rate losses; experts to assess estimate

A bird strike is defined as a collision between a bird and aircraft which is in flight or on takeoff or landing roll

Growth was driven by higher private-sector spending

Earnings per share (EPS) came down to Rs9.39 from an EPS of Rs10.19 during the period under review

Earnings up 1.3%, net interest income goes up 10%

NBP paid a tax of Rs10 billion in Jan-Sept, up almost 68% from the same nine months of the last year

Corrupt practices, improper sanctioning, lack of budget reasons for rejection

Benchmark KSE-100 index increases 217.59 points

Company sold smuggled Iranian oil products at 390 outlets across the country

Power minister says Nandipur plant is working and generating 445MW

Ministry seeks details of importers from provinces for allotting quota

Country was re-ranked to 136th for last year as World Bank changes methodology

Just beginning a business venture? Here are a few tips from the two of world's the highest profile billionaires

Uber's communications manager for Middle East and Africa confirms taxi giant is recruiting a team in Lahore

The road has been damaged for a long time and the CDA has paid no attention towards its repair

The scope of up-gradation will cover all allied amenities for the convenience of passengers

Topline Securities commented that below-than-expected result of FFBL led the stock to close down by 2.2%

Posts profit of Rs324m in first quarter of ongoing fiscal year

Net interest income of the bank, meanwhile, increased 7% to Rs10.6 billion

Amounts to Rs390m in first nine months of 2015.

The bank also announced a third interim dividend of Rs3 per share

Nine-month profit up 65%, result below street consensus

Official wants bottlenecks sorted as country aims to increase revenue.

Reforms committee not yet functional as issuance of notification delayed

Down 19% compared to Rs259m in the comparative period of previous year

Benchmark KSE-100 index falls 16.81 points.

Development comes after 10% additional duty on yarn import was levied

ECC set to give its stamp of approval to energy supply contract

PASDEC would also exhibit marble and granite and marble mosaic products in the event

Business relationships were actually relationships among people and the American businesses in Pakistan

In 2013-14, the reserves, however, swelled more than 50%, thanks to IMF and other assistance

India is the world's biggest buffalo meat exporter and April-September shipments fell 13.2 per cent

The strong quarterly performance was driven by improved margins, which increased 31% in the July-September quarter

Up 31% from Rs2.137b in the same quarter last year

Name to be changed to Pakistan Stock Exchange Limited

KATI President Zahid Saeed said that the industrial zones in Karachi are facing rough roads and other difficulties

Benchmark KSE-100 index falls 84.68 points

Says move will help address grievances of smaller provinces

Sector grows 4.82% in August, faces challenges of access to credit, energy shortage

Two projects valued at over $470m, will now be taken up by CDWP

Clocks up at 5.38% during September