Overseas Pakistanis remitted $5.9b; total inflows were $19.9b, up 6.4%

Minority shareholders are likely to see selling stake to FrieslandCampina will be beneficial in the long run

Some small banks, however, continue to remain under-capitalised

SBP spokesperson says commemorative coin will most likely be of a denomination higher than Rs10

Over the years, compliance costs and regulations have driven smaller players out of business

Shanghai exchange, Pakistan-Kuwait Co, others may acquire up to 40% stake.

KSE Stockbrokers’ Association president says there are no takers of TREC anymore

Deal will take place at Rs120 per share, a discount of 26% to Engro Foods’ share price of Rs163 last week

Engro Corporation currently controls around 87% shareholding in Engro Foods while general public owns rest of shares

Many companies have opted for inter-corporate financing rather than taking bank loans