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The Newspapers Staff ReporterDawn Business |
ISLAMABAD: The extended and massive rainy spell in April, higher-than-usual temperatures and anticipated normal monsoon rainfall have improved kharif...
ISLAMABAD: World Bank Vice-President for South Asia Martin Raiser concluded his three-day visit to Pakistan on Wednesday and reaffirmed the bank’s...
KARACHI: Shell Pakistan Ltd (SPL) posted a profit after tax (PAT) of Rs314 million during first quarter of 2024 against a loss of Rs4.762 billion in...
KARACHI: Dubai Islamic Bank Pakistan Ltd (DIBPL) has signed an issuing bank agreement with the International Finance Corporation (IFC) to support...
KARACHI: Citi Pharma Ltd (CPL) has entered into a joint venture with Hangzhou Newsea Technology Co Ltd, a renowned player in the Chinese...
KARACHI: Battery energy storage systems (BESS), in combination with solar and wind power, can bring down electricity prices to as low as 6-8 cents per...
KARACHI: Urea sales hit a three-year low, plunging 49 per cent month-on-month to 328,000 tonnes in April and 33pc year-on-year. Sherman Research said...
ISLAMABAD: The Power Division has sought immediate disbursement of about Rs130 billion on account of subsidy payments against K-Electric and Azad...
ISLAMABAD: The Competition Commission of Pakistan (CCP) has observed that the takeover of Telenor Pakistan by the Pakistan Telecommunication Company...
KARACHI: The boards of Dawood Hercules Corporation Ltd (DH Corp) and Engro Corporation Ltd (Engro Corp) have, in principle, approved a proposal to...
KARACHI: As Pakistan pursues various options to attract investment, especially foreign direct investment (FDI), the Pakistan Business Council (PBC)...
CHINIOT: Farmers thresh wheat crop in their field at Jhang Road, on Sunday.—APP ISLAMABAD: The first meeting of an inquiry committee, headed by...
ISLAMABAD: The oil and gas exploration companies have warned the government that their financial default was eminent as the outstanding amount against...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), recorded a year-on-year increase of 24.37 per cent in the week ending on...
LAHORE: Punjab Industries Minister Shafay Hussain says Pakistan has trade cooperation with South Korea, but there is a need to increase bilateral...
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industries (FPCCI) urged the federal government on Thursday to avoid harassing the...
ISLAMABAD: Oil and Gas Development Company Ltd (OGDCL) posted a 7.18 per cent increase in its profit after tax (PAT) to Rs171.104 billion (earnings...
ISLAMABAD: The Ministry of Science and Technology (MoST) has decided to forward the Competition Commission of Pakistan’s (CCP) proposal to revise...
KARACHI: The government raised Rs252.9 billion on Tuesday through the auction of treasury bills. The government set the target of Rs300bn while the...
KARACHI: Habib Bank Ltd (HBL) has announced a significant equity investment of Rs6 billion in its subsidiary, HBL Microfinance Bank (HBLMfB). The...
ISLAMABAD: The Competition Commission of Pakistan (CCP) approved Aramco’s 40 per cent equity stake acquisition in Gas & Oil Pakistan Ltd (GO), the...
KARACHI: Indus Motor Company (IMC), the assembler of Toyota vehicles, posted a 61 per cent increase in its profit-after-tax (PAT) to Rs9.41 billion...
ISLAMABAD: The petrol and high-speed diesel (HSD) prices are set to drop by about Rs5 and Rs9 per litre, respectively, on Tuesday mainly because of a...
• Discusses sustained growth prospects with IMF chief; decision on final SBA tranche due today • Saudi minister dubs Shehbaz ‘man of action’;...
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the government to focus on broadening the tax base, which the...
KARACHI: Pakistan Business Council (PBC) has urged the government to adopt an aligned and consistent series of policies and actions to boost exports...
KARACHI: Nestlé Pakistan Ltd on Friday reported that its profit-after-tax (PAT) fell 10.49 per cent to Rs50.67 billion, translating into earnings per...
KARACHI: Faysal Bank Ltd (FBL) continued its growth stride during the first quarter of 2024, with a profit after tax doubled to Rs6.5 billion compared...
ISLAMABAD: The World Bank projects that global commodity prices will fall 3 per cent in 2024, but the conflict in the Middle East could halt the...
LAHORE: Finance Minister Muhammad Aurangzeb has said that Pakistan’s current economic outlook can help the private and financial sectors transform...
LAHORE: Pakistan will soon start exporting dairy products to China through a state-of-the-art farm developed in Sheikhupura, says Punjab Livestock...
KARACHI: MCB Bank on Wednesday reported a 27 per cent increase in its profit-after-tax (PAT) to Rs16.6 billion translating into earnings per share...
KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday announced the listing of the Mahaana Islamic Index Exchange Traded Fund (MIIETF) managed by...
ISLAMABAD: Mari Petroleum Company Ltd (MPCL) announced on Monday that it had discovered a new hydrocarbon resource in Daharki, Sindh. The state-owned...
KARACHI: Foreign Direct Investment (FDI) jumped by 51.7 per cent to $258 million in March compared to $170m in the same month last year. Higher FDI...
LAHORE: The agriculture is again facing hard times as farming community is experiencing a double jeopardy; on the one hand, cost of production has...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 28.54 per cent on an annual basis in the week ending April 18,...
KARACHI: The State Bank’s foreign exchange reserves remained above $8 billion during the week ending April 12. “During the week, SBP has executed...
ISLAMABAD/KARACHI: The PTCL Group posted a net loss of Rs4.8 billion for the quarter ending March 31, the board of directors announced on Thursday....
KARACHI: Trade and industry have rejected the upward revision of petroleum prices, saying that it will further increase the cost of doing business...
KARACHI: The rupee remained under pressure against the US dollar for the third consecutive session on Wednesday despite positive talks with the...
ISLAMABAD: Despite 79 per cent of power generation coming from cheaper local fuels, the government has sought clearance from the National Electric...
KARACHI: The rupee struggled to remain firm on Tuesday, but the US dollar appreciated in the interbank market for the second day in a row. The State...
ISLAMABAD: To enhance consumer protection and ensure transparency, the Competition Commission of Pakistan (CCP) has proposed amendments to the...
KARACHI: Pak Suzuki Motor Company Ltd (PSMCL) has said that its corporate data has been leaked due to a cyberattack. In a stock filing on Monday,...
KARACHI: As a high-level Saudi trade delegation arrived on Monday, Privatisation Minister Abdul Aleem Khan has asked the business community and...
KARACHI: Bank Alfalah Ltd (BAFL) on Monday announced its intention to acquire a majority stake in Samba Bank Ltd. The BAFL shared this information...
KARACHI: Pakistan Business Council (PBC) has said that the International Monetary Fund’s previous programmes have suffered from short-term,...
ISLAMABAD: Special Economic Zones (SEZs) investors have again urged the government to address anomalies in two crucial tax-related issues to stimulate...
KARACHI: Used car dealers have urged the government to allow the commercial imports of cars up to 10 years old and SUVs up to 20 years, saying this...