Business
More News
-
Corporate results: HBL profits bump up 63%
It comes on back of higher-than-expected capital gains.
-
Corporate results: Fatima Fertilizer records 49% profit rise
Earnings stand at Rs2.43b in first quarter compared to Rs1.63b.
-
Market watch: Stocks rise with investor interest in selected companies
Benchmark 100-share index increases 269.95 points.
-
Agriculture sector: Farmers suffer as crop prices remain low in markets
Committee sets production targets for Kharif 2015-16 crops.
-
Final phase: Few kinks to iron out before govt imports LNG from Qatar
IPPs’ refusal to give LCs among issues; will be sorted soon, says petroleum minister
-
Govt leaves petroleum prices unchanged for May
Prices to remain unchanged despite increase in duty, sales tax on petroleum products
-
Zero share value: Left high and dry, retail investors to rue buying KASB Bank’s shares
Scheme of entity’s merger with Bank Islami meant at protecting depositors, says SBP
-
ECC approves fifth mini budget, imposes 2.5% regulatory duty on petroleum products
Also approves Ramazan package worth Rs1.5b
-
Zimbabwe shuts down mobile phone firm over black empowerment
Zimbabwe's indigenization law compels foreign companies to cede majority shares to local partners
-
PIA: A case of stale bread
PIA, aviation division and CAA bash woman for posting photos of a rotten bun on social media
-
Growth: Fertiliser off-take up 6%
The increase in cumulative sales came because of 10% higher urea sales during the period under review
-
Import of used vehicles: PAAPAM conducts study to highlight flaws
Purchase of second-hand imported cars comes with risks
-
Corporate results: NBP posts Rs3.2 billion profit
Amount 4.2% higher than comparable period last year.
-
Corporate results: Indus Motor’s profit driven up 177%
Company posts earnings of Rs6.42b in July-March period; EPS jumps to Rs81.7.
-
Market watch: Index rides in red despite foreign net buying
Benchmark 100-share index falls 115.93 points.
-
Better crop yield: Sindh launches $76m agriculture project
It will be implemented in 14 districts, benefit 112,360 growers.
-
Ray of hope: Chinese bring solar power in Balochistan
Installing 10,000 solar pumps in the province.
-
Under the microscope: Elengy Terminal’s financial close next month, says CEO
Says nothing wrong in use of FSRU as vessel for LNG import.
-
OICCI assessment: Survey reveals increasing business confidence
Index rises by 17% on the back of stability, news of potential investments.
-
Word of caution: Put IP pipeline on hold until sanctions lifted, says US
Energy envoy raises doubts about Iran’s ability to export gas.
-
Selective judgment: PAC ignores former minister’s unaccounted foreign outings
Directs to recover Rs100,000 from pensioner, Rs1.5 million from low-grade clerk.
-
Samsung regains lead over Apple in smartphone market
Chinese manufacturer Lenovo was third after completing its acquisition of Motorola from Google
-
Foreign exhibitions: PAAPAM wants support in participation
Paapam called for TDAP's support for participation of local auto engineering companies in global exhibitions
-
SECP statement: KSE receives investors’ claims of Rs103m
KSE has ordered a special audit into the affairs of ACE Securities to verify the investors’ claims
-
Agriculture sector: Dar stresses on food security
Says government is taking measures to increase agriculture production and infrastructure
-
Corporate results: Fauji Fertilizer profit up 29%
Earnings per share (EPS) of the company jumped to Rs4.64 from Rs3.58 in the period under review
-
Corporate results: Engro Corporation’s profit up 77%
Results better but slightly below market expectations, say Topline Securities.
-
Corporate results: MCB Bank’s profit surges 43.5%
Earnings of Standard Chartered up 24.8% in 1QCY15.
-
Market watch: Index finds resistance, falls 268 points
Benchmark 100-share index ends at 33,575.94.
-
Expectations: LCCI wants budget to reflect govt’s focus on energy
Chamber chief believes country’s energy mix needs overhaul.
-
Amalgamation scheme: Bank Islami to take over KASB Bank
Acquisition to take place at ‘token nominal value’
-
Upgrading gas pipelines: $1-b collection plan from consumers put on hold
Government delays move in wake of cases filed in courts.
-
Focus on energy: CDWP gives nod to projects for 2,400MW supply to Punjab
Approves Rs30b worth of projects; focus also on higher education sector.
-
Multan International Airport: PAC chief protects people behind irregularities in Rs3.2b contract
Was awarded to entity that did not clear technical evaluation.
-
Widening trade deficit
For the first nine months of fiscal year 2015, the deficit has widened by over 15 per cent
-
Apple now sells more iPhones in China than the US
Chief Executive Tim Cook says China's expanding middle class fuelling iPhone sales, which is bulk of company's sales
-
Facebook rolls out video calls on Messenger
Facebook last year broke off Messenger from the main Facebook application for mobile users
-
Air conditioning use poised to spike worldwide: study
A 2 per cent annual increase in household income, higher temperatures, could lead to increased use of air conditioners
-
Meeting highlights importance of farming
Urges more effective use of natural resources to eradicate poverty.
-
Conditions apply: K-P government demands increase in share of 8th NFC Award
Finance minister Muzaffar Said says allocation for war against militancy be raised to 3%.
-
Pakistan-Turkey: Stock exchanges to organise joint road show in Istanbul
Event meant for Pakistani companies, brokerage houses.
-
HESCO, SEPCO: Sindh says no to paying bills if ban not lifted
Province wants centre’s sanction on new solar, wind projects removed.
-
Corporate results: Atlas Battery posts Rs274m in profits
The company reported an after-tax profit of Rs274 million during the Jan-March quarter of 2015
-
Corporate results: Gillette’s net earnings up 288%
Company posted after-tax profit of Rs74m in Jan-Mar period.
-
Corporate results: PSO’s loss amounts to Rs1.04 billion
Company had recorded profit of Rs3.6b in comparative period previous year.
-
Market watch: Equities end marginally positive as profit-taking kicks in
Benchmark 100-share index increases 69.17 points.
-
Urea-Z: Increased productivity key to unlocking growth
Food minister says bioactive fertiliser can help farmers.
-
Trading terminals: KSE suspends brokerage firm’s operations
ACE Securities has apparently violated and failed to comply with regulations.
-
Investment: Yamaha resumes assembly in Pakistan
Aims to produce 400,000 units annually by 2020
-
Reforms missing: Govt considering unrealistic tax target for next year
Expects Rs3.2t revenue collection; FBR insists on something below Rs3.1t .