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Kazim AlamDawn Business |
KARACHI: Engro Polymer and Chemicals Ltd (EPCL) — which is the country’s only manufacturer of polyvinyl chloride or PVC resin used in plastic and...
KARACHI: Port Qasim Electric Power Company Ltd (PQEPC), which runs a $1.9 billion power plant of 1,320 megawatts on imported coal, has served a formal...
KARACHI: Pakistan’s international bonds continue to trade at a distressed level despite forceful statements by Finance Minister Ishaq Dar about the...
KARACHI: Speakers at an hour-long panel discussion on the question of “Is textile a rent-seeking industry?” on Saturday could’ve simply said...
KARACHI: A dozen and a half companies listed on the Pakistan Stock Exchange (PSX) announced on Friday they’re going to hold board meetings for...
KARACHI: Pakistan Stock Exchange (PSX) chief executive Farrukh H. Khan said on Tuesday the government should do away with the distortion in its tax...
KARACHI: Multinationals operating in Pakistan have asked the government to increase the minimum taxable limit from Rs600,000 a year to Rs1.2 million...
KARACHI: The size of all outstanding loans of the microfinance industry crossed the Rs500 billion mark for the first time in the January-March quarter...
KARACHI: Activists belonging to different civil society groups said on Friday the pre-conditions imposed by the International Monetary Fund (IMF) for...
KARACHI: The economic situation is going to be “very difficult” in coming months, with liquid foreign exchange reserves of the central bank likely...
KARACHI: Pakistan hardly figures on the global IT map even though its universities churn out approximately 30,000 graduates a year in computer-related...
KARACHI: A new trading system is set to go live on the Pakistan Stock Exchange on May 15, the national bourse said on Thursday. The planned rollout of...
KARACHI: K-Electric Ltd CEO Moonis Alvi said on Tuesday the unusually high loss that the vertically integrated power utility recorded in the first...
KARACHI: The Pakistan Stock Exchange (PSX) told investors on Monday that Hascol Petroleum Ltd, an oil marketing company, is in non-compliance for...
KARACHI: The corporate sector seems reluctant to dish out dividends even though its earnings are growing regardless of the tough economic conditions....
KARACHI: Trade unionists, beware! A new kind of collective bargaining agent (CBA) is in town to replace you. As implausible as it may sound, it’s...
KARACHI: The Aga Khan Fund for Economic Development (AKFED), which is the overseas sponsor of Habib Bank Ltd, is going to use its accumulated...
KARACHI: Notwithstanding the nearly flat economic growth expected for 2022-23 amid record-high inflation, after-tax income reported by the...
KARACHI: United Bank Ltd (UBL) is considering a potential “merger” with Silkbank Ltd, one of the smallest commercial lenders battling...
KARACHI: Summit Bank Ltd, one of the smallest commercial lenders in terms of net assets, said on Wednesday a UAE investor has become its majority...
KARACHI: Dwindling purchasing power amid record-high inflation and massive devaluation has put a serious strain on e-commerce companies operating in...
KARACHI: The compliance department of the Pakistan Stock Exchange (PSX) has sought a clarification from five listed companies for a “substantial”...
KARACHI: Code writers making top-drawer artificial intelligence (AI) tools that’ve gained traction at a mass scale worldwide don’t always belong...
KARACHI: The Chinese mine operator in Thar whose output feeds coal-based power plants generating 1,360 megawatts has reportedly cut its production by...
KARACHI: Pakistan is getting closer to signing the staff-level agreement with the International Monetary Fund (IMF), but that doesn’t mean it’s...
KARACHI: Pakistan is getting closer to signing the staff-level agreement with the International Monetary Fund (IMF), but that doesn’t mean it’s...
KARACHI: The State Bank of Pakistan (SBP) seems to be caught between a rock and a hard place in the aftermath of the Supreme Court’s order of April...
KARACHI: Shareholders of Hallmark Company Ltd, a listed entity engaged in the trading of computer and allied IT equipment, has signed an agreement...
KARACHI: The Sindh High Court has ordered that the status quo be maintained with respect to the attempt by a Turkish investor to buy more than 51 per...
KARACHI: It may sound counter-intuitive, but research shows the likelihood of unemployment in Pakistan grows in proportion to the level of education....
I got hooked on American singer-songwriter Bob Dylan’s music in May 2021. Ammi and Abbu had passed away, one after another, in the space of a week....
KARACHI: Business confidence continued its slide in the first three months of 2023 amid multiple economic crises, according to the latest edition of...
KARACHI: International Commercial Bank (ICB) of South Sudan, an African lender founded in 2011, has expressed interest in investing in Silkbank Ltd, a...
KARACHI: Former central bank chief Dr Reza Baqir said on Tuesday debt restructuring for Pakistan will be “very difficult as a process” given that...
KARACHI: The number of active microfinance borrowers crossed the nine million mark for the first time at the end of October-December 2022, up 3.6 per...
KARACHI: Pakistani start-ups raised a total of $23.1 million in eight deals in the January-March quarter, down 86.6 per cent from a year ago. However,...
KARACHI: The method that banks use for calculating their expected credit cost will change under the revised set of accounting standards that may lead...
KARACHI: The country should do away with restrictions on dollar outflows to attract long-term foreign investment in efficiency-seeking sectors, said...
KARACHI: Minority shareholders of Ecopack Ltd — a listed company that makes plastic bottles for beverage firms — have sought the intervention of...
KARACHI: Khalid Siraj Textile Mills Ltd (KSTML) said on Monday it’s shutting down operations until May 31 owing to political unrest, import...
Amir Paracha, newly elected president of the Overseas Investors Chamber of Commerce and Industry. Multinational companies (MNCs) are in a tight...
KARACHI: One of the four container-terminal operators in Pakistan has vowed to bring in more than $100 million in fresh foreign direct investment...
KARACHI: The government should revise its tight gas policy to nudge energy companies towards exploring natural gas that’s obtained from reservoir...
KARACHI: The axle of my beat-up Mehran howls with a screeching kut, kut, kut, kut sound every time it takes a sharp turn. I set aside the money to...
Maqsad, an edtech platform for academic content, has raised a seed round of $2.8 million at an undisclosed valuation, co-founder Rooshan Aziz told...
KARACHI: Small and medium-sized enterprises (SMEs) believe the burden of tax compliance is a bigger hurdle than the actual tax paid or the high tax...
KARACHI: International Finance Corporation (IFC), part of the World Bank Group that invests in the private sector in emerging markets, is going to...
KARACHI: Foreign investors have come out with all guns blazing against the Board of Investment and other “relevant ministries” for turning a blind...
KARACHI: In yet another manifestation of the economic slowdown, sales by a majority of listed firms dropped for the second consecutive quarter in...
KARACHI: A Turkish investor announced on Thursday its intention to buy more than 51 per cent shares and control of Tri-Star Power Ltd, a publicly...
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