Business

Personal deposits lead the way in year-on-year surge

Reports Rs2.77 billion in earnings in Jul-Dec.

Earnings per share jump to Rs9.31 in six-month period.

Profit rises to Rs8.8b in year ended December 2015

Six-month profit down 47%, company announces Rs2.25 per share dividend

Result comes with interim cash dividend of Rs5 per share.

Company CEO says declining crude prices dented earnings

Has 63% share in net FDI that stands at $647.9m in July-January period

PM announced package worth Rs341b, briefing reveals little progress made so far

Benchmark KSE-100 index falls 254.99 points

Segregation of airline’s core and non-core functions under consideration

China’s culture and language, is centered to serve Chinese entities operating in Pakistan

Revenues of the company for the July-December period increased by 18% to Rs6.6 billion

Users have an added advantage in their treasury operations by enhancing control, and bringing further efficiencies

Thanks to IMF and other assistance and growing remittances sent home by overseas Pakistanis

The programme is scheduled to be held on February 22, 2016 at Shangrilla Gardens Multan

Earnings per share rise to Rs4 as opposed to Rs3.19 last year

Rs3 per unit reduction in electricity was not calculated

Asad Umar says most privatisation stories did not end well

Deficit amounts to Rs515b, which is Rs110b less than IMF-determined target

Benchmark KSE-100 index rises 463.99 points

SCCI President Mansur Ahmed said there was a huge scope for quality products of Sialkot to be exported to Australia

Charging different prices for textile, CNG and IPPs

Envoy calls for taking advantage of each other’s expertise

It is based on review period of July 1 to Dec 31, 2015

ADB report says construction is not likely to start until first quarter of 2017

Will Iran emerge as Pakistan’s major trading partner after the lifting of international sanctions?

Most of Balochistan has no fuel pumps, relies on illicit oil flow from Iran

Five-year bilateral trade roadmap seeks diversification

Many refineries have long-term contracts with other crude suppliers

Banking channels to be established, but transactions in dollars to be avoided

Pakistan has skipped one step, moving towards digital payments

Can give early warning of a quake to populations without their own seismological instruments

Lack of investment means GDP growth has remained range-bound

Gulfood exhibition will give sector further push, 90 local companies participating

Fulfilment of capital plans have eliminated any need for it, says ECB official

OPEC ready to cooperate with other producers on trimming output

Focusing on Google Photos to provide more functionality

Dismiss call from engineering board for immediate cut in car prices

Target countries include Saudi Arabia, UAE, Qatar and Kuwait

Losses were witnessed across the board led by banking and oil sectors

Comes after UK’s body conditioned £60 million grant on cash increment

Tourists booked by NATCO will also be entitled for 10% discount on room charges of PTDC

Official wants farmers to keep pace with technology

Thanks to IMF and other assistance and growing remittances sent home by overseas Pakistanis

During the week, average prices of 18 items fell in a selected basket of goods

The PC-1 has been forwarded to the Planning Commission for approval

Earnings up 1.1%, delay in subsidy causes declining sales.

Shipments lead to artificial shortage, price rise in domestic market

Benchmark KSE-100 index falls 356.38 points.