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Total: 51 results found.

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1. C/A deficit rises to $2bn
(Highlights/Business News)
KARACHI: The current account deficit has risen for the third consecutive quarter (Jan-March) of this fiscal year. The State Bank reported on Thursday that the total current account deficit at ...
Friday, 18 April 2014
2. Credit cards business declining: State Bank
(Highlights/Business News)
KARACHI: The business of credit cards has been declining in Pakistan as their holdings dropped significantly during the last quarter (October-December) of the previous calendar year, said a State ...
Saturday, 12 April 2014
Saturday, 12 April 2014
4. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
Friday, 28 February 2014
Friday, 28 February 2014
6. Equity prices drift lower
(Highlights/Business News)
... with range-bound activity. Habib Bank, Lalpir and Pak Gen Power (PKGP) announced their quarter results on Thursday. PKGP surprised investors by announcing dividend at Rs1.50 which helped reverse the ...
Friday, 28 February 2014
7. Stocks close lower; rupee gains against USD
(Highlights/Business News)
... market was seen range bound and a dull session was witnessed as a result of the end of the season and future roll over. Lucky Cement and Indus Motors announced their December quarter results, said dealer ...
Thursday, 27 February 2014
Monday, 24 February 2014
9.
(Highlights/Business News)
...  their net loan-to-net-NPLs ratio stood at 3.79 per cent. This improvement in just one quarter of 2013 is not a one-time thing: It is in line with a trend that set in much earlier. Net loans to ne ...
Monday, 24 February 2014
Monday, 24 February 2014
11. Bearish spell continues on stock market
(Highlights/Business News)
... activity as Hub Power Co and Kot Addu Power Co disappointed December quarter shed 75 points in the benchmark index as both the IPPs closed 5pc down. On the contrary, better result announcement from ...
Wednesday, 19 February 2014
12.
(Highlights/Business News)
... ater, and minimum guaranteed block hours per aircraft per month will be 275 hours. The PIA will open technical and financial proposals of bidders on Feb 14 at the PIA headquarters.  ...
Thursday, 06 February 2014
13. LNG to be imported from Yemen
(Highlights/Business News)
...  It was decided to establish the Pakistan-Yemen Joint Business Council which would convene its first meeting during the first quarter of 2014. A committee for exploring the investment opportunities ...
Thursday, 09 January 2014
... ake in Balochistan and its purchase from Passco at cost. The meeting decided to allow Lucky Cement Limited to remit $40m in four quarterly instalments of $10m each as equity investment from inter- ...
Thursday, 09 January 2014
15. Fertiliser prices on the rise
(Highlights/Business News)
... market shares. For instance, Fauji Fertiliser said in its third quarter report that it had posted record high sales of Rs52.53 billion in the nine months ended September 30. The company was al ...
Monday, 06 January 2014
16. Govt finalises SRO withdrawal plan
(Highlights/Business News)
... he SRO elimination programme was to be implemented over the next two years but it has been brought forward by a quarter because of expected shortfall in budgeted revenue target of Rs2.475 trillion  ...
Saturday, 28 December 2013
17. Private sector borrowing rises
(Highlights/Business News)
Saturday, 28 December 2013
18. Stocks close above 25,000-level
(Highlights/Business News)
... owth for the first-quarter was projected at 5pc; the pledge by the finance minister to buffer up the foreign exchange reserves to Rs20bn in three years and to keep rate of inflation for the fina ...
Friday, 13 December 2013
19. SBP forex reserves tumble below $3bn
(Highlights/Business News)
... t. A plan to launch Eurobond and remittance based bonds to raise $1bn next year is also under way. All these plans will be implemented in the third quarter of the present financial yea ...
Friday, 13 December 2013
20. Oil prices mixed in Asian trade
(Highlights/Business News)
... il inventories last week, the first decline since mid-September. Prices also gained support Thursday after the US Commerce Department revised sharply higher US economic growth in the third quarter, ...
Saturday, 07 December 2013
21. Package unveiled to revive economy
(Highlights/Business News)
... ns to be taken on a quarterly basis. The prime minister said top business leaders, ministers and key officials would meet quarterly under the advisory council, hold discussions on economic issu ...
Friday, 29 November 2013
22.
(Highlights/Business News)
...  to official statistics released by the ministry of finance for the first quarter (July-Sept) of the current fiscal, the biggest surge in revenues came in the shape of development surcharge on natura ...
Monday, 25 November 2013
23. Export of services dips 49pc
(Highlights/Business News)
ISLAMABAD: Services trade plunged into a deficit of $740.38m in the first quarter (July-September) of this fiscal year, compared with a surplus of $148.75m in the same quarter last fiscal year. ...
Saturday, 16 November 2013
24.
(Highlights/Business News)
Saturday, 16 November 2013
25. Siemens buys back $8.47m stocks
(Highlights/Business News)
...  the restructuring and clearing legacy projects can be expected in the forthcoming quarter, substantially affecting the overall profit of the current business year, directors wrote in the report.  ...
Wednesday, 13 November 2013
26. Stocks fall 76 points on profit taking
(Highlights/Business News)
... o come to an end and almost all liquid companies having already released their quarterly financial statements, the only saving grace for the market at the time appears to be the continuous inflow  ...
Wednesday, 30 October 2013
27. Big rise in fish exports
(Highlights/Business News)
... s consumed locally. The rising trend in fish exports seen in the first quarter of this fiscal year indicates that full fiscal year foreign sales volumes would be no less than 140,000-150, ...
Monday, 28 October 2013
...  Pakistan from a possible default by agreeing to loan it $6.7 billion over three years, but its condition of quarterly reviews means the cash is not guaranteed. The government has begun to tackle Pakistan' ...
Monday, 28 October 2013
29. Branchless banking grows
(Highlights/Business News)
KARACHI: Branchless banking accounts witnessed a growth of 10 per cent during April-June 2013 quarter and reached 2.6 million in number, said a report issued by the State Bank on Friday. According ...
Saturday, 26 October 2013
30. Reserves fall by over $1bn in a month
(Highlights/Business News)
... ased remittances during this period. The overseas Pakistani sent remittances worth $3.927bn during the first quarter giving extraordinary support to the current account balance but it kept wide ...
Friday, 25 October 2013

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