Business

Provisions for non-performing loans decline 72.6%.

Power tariff hikes, rupee appreciation likely reason for decline.

Engro Fertilizers posted a net profit of Rs5.51 billion during the first nine months

Amounts to Rs1.61b for first nine months of calendar year.

Benchmark KSE-100 index falls 112.38 points.

Finance ministry issues no-objection certificate for the company.

Submits audit report to Prime Minister’s Secretariat.

Consolidated solution likely for the project.

Move meant to alleviate woes of CNG sector, facilitate public.

Exporters, industrialists irked by lack of gas supply.

Ambassador sees countries as potential partners for business.

Sector suggests reference method recommended by WHO.

Minister says lessons learnt, preparation for next season to get under way.

Benchmark KSE-100 index falls 13.34 points

Increases 11% in the first nine months of the current calendar year.

Announced an interim cash dividend of Rs2.5 per share

Announces profit of Rs602m during first quarter of fiscal year.

Officials concerned over declining global oil prices, say effects will be felt next quarter.

Amount to Rs66.11b during first quarter of ongoing fiscal year.

World Bank had earlier approved little less than 50% of total cost.

Expresses an interest to strengthen bilateral ties between the two neighbours

Lifeline consumers using up to 50 units per month and consumers of K-Electric will be exempted from the hike

Officials say Iranian authorities would be asked to wait till the lifting of US sanctions on Tehran

The purpose of the event is to promote trade relations among Central Asian States, Afghanistan and Pakistan

Punjab minister says govt making efforts to help farmers.

Govt shouldn’t interfere if prices are raised to save sector, says chairman.

Says establishment of infrastructure and investment bank will spur growth.

Benchmark KSE-100 index rises 140.47 points.

Gross margins down 250% due to hike in electricity price.

Parliamentary panel laments high cost of Nandipur power project.

To be funded through $20m ADB loan.

Registers 16.7% increase from corresponding period previous year

Country makes case in two-day international conference in Islamabad.

Says bank could tap China’s excess savings for developing other parts of Asia

Up to Rs8 per litre decrease likely to be effective next month.

Stress should be laid on worker safety, measures taken to counter them

Delhi not considered trustworthy for LNG import as it could block supplies

Company’s Cloud lead says ample technological acumen in Pakistan

To increase sales volume, economical local cars need to be introduced

Economists criticise the strategy of pressing on with reforms by borrowing money

Entrepreneur looks to market first-of-the-kind motorcycle in Pakistan

Despite Sindh govt’s claims of collection, amount remains abysmally low

Ibrahimi extended formal invitations on behalf of the Afghan government to Motiwala and Vohra

Says access to finance will help spur economic activity in country.

Event will be held for prospective investors in energy-generation project

Stresses need for fiscal consolidation, reform implementation

Practice hinders network expansion and has irked established players

21 countries mark step towards establishing Asian Infrastructure Investment Bank.

Industry opposes forum dominated by chartered accountants.

Gains only 215 points with uninspiring corporate results offsetting political stability