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1. Corporates flush with cash
(Highlights/Business News)
...  higher earnings. According to the last economic survey, 15 blue chip companies had earned a colossal cumulative profit-after-tax of Rs286bn in ten months of FY14. Corporates are i ...
Friday, 10 October 2014
... from consumers on account of additional system losses. The decision has come on review petitions of Lahore, Quetta, Multan and Hyderabad electric supply companies (Lesco, Qesco, Mepco and Hesco) and ...
Monday, 16 June 2014
3. Mango exports to fetch $65m this year
(Highlights/Business News)
... ld start from May 25. Like the past two years, exporters will miss high value markets of Japan and the US this year. However, increase in exports to South Korea and Australia may compensate loss ...
Monday, 02 June 2014
... bstantial loss to the yield. The population of other sucking insects, namely whitefly and jassid are also on the rise presumably due to cultivation of Bt cotton. Managing Director Punjab Seed C ...
Monday, 07 April 2014
5. Bridging the tax gap
(Highlights/Business News)
... schemes. There is an enormous revenue loss due to exemptions, allowances and deductions from income tax, sales tax and customs duty, which was Rs887.5 billion or equal to 3.9pc of GDP in fiscal year ...
Monday, 07 April 2014
6. Pakistan Steel: groping in the dark
(Highlights/Business News)
... a fresh loss of Rs21 billion during the last nine months of the government, whereas its accumulated losses over the past five years stand at Rs110 billion. With its liabilities currently at Rs125  ...
Monday, 07 April 2014
7. FBR detects 40 fake firms
(Highlights/Business News)
ISLAMABAD: The Federal Board of Revenue (FBR) has identified 40 fictitious companies which got millions in illegal sales tax refund and input adjustment in connivance with officials, according ...
Monday, 24 March 2014
8. Rupee continues to rise against dollar
(Highlights/Business News)
... foreign currency account holders to further sell their dollars to avoid losses. Experts say that if the rupee stabilises to a certain extent, the prices of food items would decrease. Finance Minister ...
Tuesday, 11 March 2014
... y. Farming, fishing and forestry need to be modernised and made more profitable, while regional countries must take serious, coordinated steps to reduce food losses and waste, which is at 30 to 5 ...
Tuesday, 11 March 2014
10. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
... ease can primarily be traced to large revaluation losses associated with the external debt stock due to adverse exchange rate movements during the period. According to the report, there is a correspo ...
Friday, 28 February 2014
... onomist at CIMBNiaga. Under the new requirements, the potential loss in export value could be minimised to $1.6 billion a year against an initial estimate of $5.1 billion, he said. The ex ...
Friday, 28 February 2014
12. Asian shares lower despite G20 growth pledge
(Highlights/Business News)
... per cent, or 1.5 points, higher at 5,440.2. Hong Kong shares fell 0.80 per cent, or 179.68 points, to end at 22,388.56. On the Chinese mainland, shares extended losses on worries about possible tightening ...
Monday, 24 February 2014
13. Privatisation needs a second thought
(Highlights/Business News)
Monday, 24 February 2014
14. Stocks extend overnight losses
(Highlights/Business News)
KARACHI: After taking heavy beating a day ago, the KSE-100 index was seen jumping in and out of the red until the final hour on Tuesday, when it managed to settle at a small loss of 14.80 points ...
Wednesday, 12 February 2014
15. Moody's cuts Sony's credit rating to junk
(Highlights/Business News)
... ergoing painful restructuring to stem years of huge losses as it struggles to keep up in the low-margin television business. Apple and South Korea's Samsung surged ahead of their Japanese ri ...
Monday, 27 January 2014
...  Malik Shakir Awan, recommended to the government to save growers from losses due to high rates of fertilisers, electricity and diesel, and to give subsidy to them as being given in neighbouring cou ...
Thursday, 16 January 2014
17. SBP projects economic growth rate of 3-4pc
(Highlights/Business News)
Thursday, 16 January 2014
... said the company had accumulated losses over Rs180 billion and, as part of a $6.64 billion IMF bailout package, the government was also required to privatise 26 per cent shares of the company by Dec ...
Thursday, 09 January 2014
... billion on the last trading session on Friday, as institutions kept to the sidelines. Some decided to book profit to put a gloss on the bottom line just before the close of accounting books on Dec 31. ...
Tuesday, 31 December 2013
20.
(Highlights/Business News)
...  allowed them to charge higher system losses to consumers instead of controlling them. The official data suggest the government was also able to collect Rs25.75bn as petroleum levy on oil product ...
Monday, 25 November 2013
21. Strike causes congestion at ports
(Highlights/Business News)
Saturday, 16 November 2013
22. Siemens buys back $8.47m stocks
(Highlights/Business News)
...  The profit and loss account for the nine months ended June 30, 2013, showed net sales at Rs9.777bn, against sales of Rs10.429bn in the same time last year. Profit-after-tax stood at Rs164m com ...
Wednesday, 13 November 2013
... both gas utilities in their separate requests have pleaded Ogra to allow collection from the gas consumers by 7pc on account of stolen gas and distribution losses (Unaccounted for Gas). As per petitions, ...
Thursday, 31 October 2013
Monday, 28 October 2013
25. Reserves fall by over $1bn in a month
(Highlights/Business News)
...  reserves of the private banks have been increasing slowly. The reserves of the State Bank witnessed a net loss of $4.618bn since January 2013 while the private banks improved their foreign exchang ...
Friday, 25 October 2013
26. Index settles above 22,000-level
(Highlights/Business News)
... seen to be in sharp contrast to the earlier three weeks of depression that left many investors with huge losses, pushing volume to 14-month low. However, on Tuesday, the market witnessed decent turnover ...
Wednesday, 23 October 2013
27.
(Highlights/Business News)
Wednesday, 23 October 2013
Tuesday, 27 August 2013
29. UBL earnings fall with drop in core income
(Highlights/Business News)
KARACHI: The after-tax profit of United Bank for the first half of 2013 declined 10.7% to Rs8.2 billion, according to an unconsolidated profit and loss statement sent to the Karachi Stock Exchange (KSE) ...
Saturday, 24 August 2013
Friday, 23 August 2013

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