Stories from Kazim Alam
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Sharp gains: Rupee strengthens swiftly in sentiment-driven rally
May hit 100 mark against dollar on aid and investment expectations.
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First phase: Hascol Petroleum’s IPO receives positive response
1,191 bidders take part in book-building portion.
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Legacy: BRR Guardian Modaraba a ‘long-term player’
CEO Dawood says Modaraba still making money despite zero income from its building.
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Microfinance industry: Savings and savers go up, PMN data shows
Tameer Microfinance Bank CEO satisfied with growth rate.
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Corporate results: Jubilee Life Insurance chalks up healthy profit
Head of business strategy says company has consolidated lead.
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Kenyan auction: Huge source of country’s import
If it were not for Kenyan auctions held on a weekly basis in Mombasa, tea would cost more and taste worse in Pakistan.
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EFU Life: Bottom line growth remains flat in 2013
CEO remains satisfied, keeps long-term in mind.
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July-January: Oil and gas sector attracts highest FDI
Pakistan receives $523m overall in first seven months of 2013-14.
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The curious case of a bank CEO’s salary
Stats show officials overpaid, a president tries to justify pay cheque .
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Islamic banking: MCB sets sights on Burj Bank
Acquisition will help increase footprint in Shariah-compliant banking, says analyst.