Business

Chances increase of upward revision in annual target in upcoming talks with IMF.

Landmark Chinese investment, banking sector rally fuel gains

Says import facility being misused by commercial importers.

Iqbal says German, US, Middle East investors exploring investment avenues

Earnings per share increased to Rs2.3, compared to an EPS of Rs1.12 in the period under review

Company reported an after-tax profit of Rs618 million

Profit up 35% during nine months of fiscal year 2014-15.

Comes after sharp rise in volumetric growth, reports Topline Securities.

Benchmark 100-share index increases 318.38 points.

Tells ACE Securities to facilitate share transfer, cash withdrawal needs.

Declares interim cash dividend of 30%.

NBP official says awareness of legal channels is being spread.

Statement says no directive received; comes after massive trading and increase in stock price.

Both companies in line for privatisation process; PSM consortium decided.

Minister of water and power denies claims of kickbacks, commissions in energy departments

Afghan envoy also called for deepening ties between the two countries in agriculture and education sector

SBP’s liquid foreign exchange reserves increased $605 million to $12,364 million

Inventory loss main reason for earnings dilution.

Announced a cash dividend of Rs1.75 per share

Cost of electricity purchased from the national grid and independent power producers also came down 24%

Earnings grow due to low energy costs and tax rate.

Makes Rs4.2b profit due to surge in core income.

Benchmark 100-share index falls 33.91 points.

Becomes largest cement manufacturer as capacity reaches 8m tons per annum.

Says it creates hurdles in achieving revenue targets.

Ask FBR to treat sector as industry, rationalise FED and withholding tax.

Proposes that cash withdrawals over certain limit should be curbed

Bengali terms decision ‘unconstitutional’; bailout package for PSM approved.

China is relocating industrial units to Pakistan.

Says the business community is suffering at the hands of bureaucrats

Under the rule, govt did not need to take any approval from the board for importing LNG, says parliamentary secretary

It earns Rs1.3 billion in January-March quarter.

Discusses plans to enhance Shariah compliance in capital markets.

Benchmark 100-share index rises 454.87 points.

Will formulate five-year trade facilitation plan.

It says navigational channel for LNG vessels should be widened.

Pinpoint Thar as region that can help produce massive amounts of electricity

Approves Rs31.9b for transmission line that will see Pakistan receive 1,000MW electricity from Tajikistan.

900MW plant will be built with huge Chinese investment

US software giant wants to give Samsung, Apple competition.

Entity with similar name already operating; HEC sell-off not under threat.

Moving CAA headquarters aimed at improving departmental coordination: Azeem.

Benchmark 100-share index falls 268.87 points, ends at 33,035.77.

Govt invites group of businessmen to contribute money, import fuel.

Decision comes after bumper crops cause excess supply.

Trade figures reveal Pakistan’s dismal show continues; textile sector hit.

Admits they are expensive compared to conventional energy sources.

Ansari was appointed after departure of Asad Umar in 2012

It is a joint venture aimed at helping IDPs and refugees

Threaten to stop operations at all airports if demands ignored