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Kazim AlamDawn Business |
KARACHI: Former central bank chief Dr Ishrat Husain took commercial lenders to task on Wednesday for their laziness, which has resulted in vast gaps...
KARACHI: There’s going to be a glut of hydel-based electricity, and it won’t even remotely be cheap. “People think hydel electricity is sasta....
KARACHI: It’s rare for a public intellectual to call a full-fledged economic crisis a “great opportunity” that mustn’t go to waste. “I’m...
KARACHI: After exhausting nearly all traditional sources of foreign exchange, it seems the government is now looking to tap the kindness of...
Finance Minister Ishaq Dar said on Thursday that he will ask the central bank governor to coordinate with a group of philanthropists in an effort to...
KARACHI: Share prices have hit rock bottom, thanks to the on-again, off-again International Monetary Fund (IMF) loan programme. The price-to-earnings...
KARACHI: The Pakistan Stock Exchange is mulling changes in its regulations to revamp the defaulters’ segment to protect the rights of minority...
KARACHI: The development of C-5, which is the fifth unit of the Chashma Nuclear Power Generating Station, has hit a snag because of the reported...
KARACHI: Two of the smaller players in the microfinance industry are considering merging their operations to create a “more efficient” single...
KARACHI: Coal mined from Thar fields is going to be used by Power Cement Ltd as part of a trial run, Sindh Engro Coal Mining Company Ltd (SECMC) said...
KARACHI: The share price of Kohat Cement Company Ltd (KCCL) increased on Tuesday by 7.5 per cent, maximum allowed in a day, after it made an...
KARACHI: Multinational companies operating in Pakistan haven’t been able to repatriate their dividends in recent quarters because of the curbs on...
KARACHI: Foreign investors are sweet-talkers. They tend to gloss over unpleasant facts while speaking to the press. So when the head of the UK’s...
KARACHI: Zafar Masud of the Bank of Punjab is an oddity among bank CEOs. After all, which other top banker would endorse the ideas espoused by Thomas...
• Governor flayed for 5,700 held containers, LC issues • Jameel Ahmad reiterates country to receive fresh dollar inflows in coming weeks KARACHI:...
KARACHI: Symmetry Group Ltd, a digital solutions company with multiple subsidiaries, is looking to raise Rs430.2 million through a stock exchange...
KARACHI: A South Korean chemical company announced on Monday it’s exiting the Pakistan market after 13 years. Lotte Chemical Company Pakistan Ltd...
KARACHI: The banking sector will be exposed to a “systemic risk” should the prevailing uncertainty continue for another few months, Habib Bank Ltd...
KARACHI: The banking sector will be exposed to a “systemic risk” should the prevailing uncertainty continue for another few months, Habib Bank Ltd...
KARACHI: Another two publicly traded companies announced on Friday they’re shutting down operations temporarily while a third one said it’s...
KARACHI: Banks seem to have hit the brakes on deposit mobilisation in December, a rare development that analysts attribute to the lenders’ attempt...
KARACHI: In the absence of any dollar inflows from the International Monetary Fund (IMF) or friendly countries, foreign exchange reserves of the State...
KARACHI: Members of the National Assembly Standing Committee on Finance and Revenue spoke with one voice on Wednesday about the unapproachability of...
KARACHI: TRG Pakistan Ltd seems to have forestalled yet another alleged attempt at a hostile takeover by its former CEO and co-founder and a number of...
KARACHI: In the middle of a serious dollar shortage that’s forcing the government to withhold import payments for even food and industrial raw...
KARACHI: Pakistan should seek forgiveness of principal and interest on the debt extended by China, the Paris Club and bilateral and multilateral...
KARACHI: Welcoming the people involved in the largest acquisition of a local software company by an American firm to the Pakistan Stock Exchange...
KARACHI: The recently announced energy conservation measures may turn into an occupational nightmare for thousands of riders engaged in the food and...
KARACHI: Another textile maker joined on Tuesday the steadily growing list of industrial units that’ve either scaled back or suspended operations...
KARACHI: JDW Sugar Mills Ltd said on Monday it completed the buyback of two million shares for ultimate cancellation in less than two months of...
KARACHI: Pakistani start-ups raised a total of $15.1 million in eight deals in the October-December quarter, the lowest since the first quarter of...
KARACHI: Bank Alfalah Ltd said on Friday it completed the buyback of 200 million shares in line with a special resolution that its shareholders passed...
KARACHI: The stock exchange will witness up to five listings of real estate investment trusts (REITs) in 2023 from the Arif Habib Group alone, a...
KARACHI: Finance Minister Ishaq Dar assured investors on Wednesday that “there’s no way Pakistan is going to default”, though he agreed that all...
KARACHI: The import of gas from Russia is still a distant dream for Pakistan despite the two countries’ willingness to play ball. Analysts say the...
KARACHI: Energy equipment distributor NetLine Ltd plans to raise funds through the stock exchange after setting up a state-of-the-art solar panel...
KARACHI: The Hub Power Company Ltd (Hubco) said on Friday its joint-venture (JV) partner in a coal-based 1,320-megawatt power plant has withdrawn the...
KARACHI: Trading in the privately placed Rs8 billion bond of the Bank of Punjab Ltd (BoP) will commence on the Pakistan Stock Exchange (PSX) on...
KARACHI: TPL Properties Ltd said on Tuesday it has come close to concluding a deal to acquire a mobile infrastructure company. The parent entity of a...
KARACHI: The cost of fuel for electricity generation in November went down by more than one-third to Rs5.99 per unit from a month ago, according to...
KARACHI: The disbursement of microfinance loans decreased 8.2 per cent in July-September on a quarterly basis while early delinquencies — borrowers...
KARACHI: Pakistan’s coal consumption is set to increase to 25 million tonnes by 2025, which is roughly 30 per cent higher than the current level of...
KARACHI: Engro Corporation Ltd told investors on Thursday it wants to buy back up to 70 million of its shares from the stock market for the purpose of...
KARACHI: Kohinoor Spinning Mills Ltd said on Wednesday it’s temporarily shutting down production owing to multiple reasons, including the...
KARACHI: Attock Refinery Ltd said on Tuesday it’s temporarily shutting down one of its main processing units for eight days owing to “ullage...
KARACHI: A UAE-based investor leading the consortium set up to acquire the majority stake in Summit Bank Ltd proposed on Monday that the share...
KARACHI: State Bank of Pakistan Governor Jameel Ahmad told the bigwigs of the country’s banking industry on Friday they must “speed up”...
KARACHI: Business confidence has nosedived in the last six months across different sectors of the economy, according to the Business Confidence Index...
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