Stocks put up a spectacular show in the rollover week cheering some promising tidings and are likely to stay the course betting on budgetary...
Loosening Covid clampdown and loudening political noise kept the market in yo-yo mode in week, while it is seen highly sensitive to budgetary...
KARACHI: National Resources Pvt Ltd , a joint venture of Pakistan’s six leading business houses formed primarily to develop Reko Diq reserves,...
KARACHI: As the Chinese demand for containers ramps up, there is a sharp surge in freight rates to hurt profitability of Pakistani exporters, it was...
KARACHI: Textile company Interloop Limited has planned to invest $300 million to expand its production capacity and install apparel factory to...
KARACHI: Telecard Limited is considering listing of its subsidiary Supernet Limited on the stock exchange to expand its footprint in technology...
KARACHI: The government is likely to allow manufacturers and exporters to claim 100 percent adjustment/refund against the input tax in the upcoming...
The capital market started the week negatively due to the perturbing political situation last weekend, though some relief was experienced on account...
KARACHI: Pakistan will achieve gross domestic product growth of at least 3 percent this fiscal year and above 4 percent in the next fiscal year as...
Stocks market is expected to remain bullish with the result season commencing from next week and cyclical sectors will remain in the limelight on...
KARACHI: Pakistan Stock Exchange wants to indemnify its directors and officials against any loss and liability through a legal change, it was...
KARACHI: The Searle has signed an agreement with Chinese pharmaceutical group for the manufacturing of novel coronavirus vaccine in Pakistan.“The...
KARACHI: Pakistan National Shipping Corporation has planned to acquire a used AFRAMAX tanker, with a deadweight of 10,5000 tons, to expand its...
KARACHI: The fate of six Pakistanis, stranded on a tug boat, Mehr, adrift somewhere in the Red Sea for over 20 days, continues to hang in the...
KARACHI: Pakistan State Oil has invited bids for two cargoes of liquefied natural gas to be delivered in May amid higher anticipated demand of...
KARACHI: The government is yet to put a price cap on COVID vaccines with the first shipment of privately imported Russian Sputnik-V shots having...
KARACHI: Pakistan State Oil has decided to use solar energy to power a wide network of its retail outlets, depots and filling facilities around the...
After crashing over 2,000 points owing to political alarms and renewed virus scares in the outgoing week, the market is seen finding its legs on...
KARACHI: Prices of locally-produced cold rolled coil of various flat steel grades were further increased by Rs3,500/ton, second time in a month...
Stocks were on a rollercoaster during the week ended March 5, 2021 as political excitement ahead of senate election and unexpected defeat of finance...
KARACHI: The government approved transmission of 150 megawatts of wind power from grid to K-Electric to help the utility reduce shortfall in demand...
KARACHI: Authorities at the Karachi port have detained an oil vessel for declaring the port of loading as Oman and Iraq instead of Iran where the...
Stocks are expected to rise from the ashes of last week’s burnout as investors are seen placing faith in corporations to declare openhanded...
KARACHI: As cement demand has seen an upsurge amid government’s support to the construction industry, another main player planned a new plant to...
KARACHI: As cement demand has seen an upsurge amid government’s support to the construction industry, another main player planned a new plant to...
KARACHI: Sapphire Textile Mills and Britain-based Carrington Textiles have formed a joint venture in Pakistan – Carrington Textiles International,...
Stocks are seen rallying down the line, supported by strong corporate earnings announcements, after retreating for most of the week in tandem with...
KARACHI: K-Electric has sought the government’s permission to charge an additional Rs3.9 billion from its consumers on account of fuel cost...
KARACHI: Artistic Milliners, one of leading denim fabric and garment manufacturing companies in Pakistan, planned an estimated $236 million of...
KARACHI: Artistic Milliners, one of leading denim fabric and garment manufacturing companies in Pakistan, planned an estimated $236 million of...
KARACHI: Waves Singer Pakistan has expressed intention to acquire 96.6 percent shares of Heavy Electrical Complex from the government, it said on...
KARACHI: Pakistan State Oil has invited bids for one cargo of liquefied natural gas to be delivered on April 15-16, and three consignments of...
KARACHI: State-owned Oil and Gas Development Company has planned to conduct a study to classify shale and tight gas reservoirs in the country...
KARACHI: Industrialists and traders joined forces to voice concerns on Monday over the government’s decision to suspend gas supply to industries...
KARACHI: K-Electric on Wednesday tied test-running of its new power plant to supply of 150 million metric cubic feet per day from Sui Southern Gas...
KARACHI: Steel makers and auto parts’ makers on Tuesday demanded the government to rationalise taxes to support trade and industry amid the rising...
KARACHI: Pakistani conglomerate Engro Corp is awaiting government’s nod to bring in liquefied natural gas floating storage regasification unit ...
KARACHI: The government has decided not to include cross-subsidy and stranded costs into the electricity wheeling charges on industrial connections,...
KARACHI: Naser Hayat Maggo, President of Federation of Pakistan Chambers of Commerce and Industry , on Thursday lambasted the government for...
KARACHI: Removal of India, Turkey and Thailand from US Generalized System of Preferences has opened up an opportunity for Pakistan to capture an...
KARACHI: Oil sales increased 12 percent to clock in at 9.8 million tons in the first half of the current fiscal year , mostly owing to the reopening...
KARACHI: Swelling freight charges are hand in glove with imported price pressure to send iron and steel scrap prices up 100 percent in the local...
KARACHI: Government issued a tender to import 280,000 cubic meters of liquefied natural gas for delivery in April from the spot market, acting...
KARACHI: Majority of small businesses in Pakistan are expecting more than half of their profits lost to coronavirus lockdown in the unprecedentedly...
KARACHI: State-owned Trading Corporation of Pakistan has sought Rs424 billion worth of commodity financing from banks to import sugar, wheat, urea...
KARACHI: Pakistan’s economy would benefit from improvement in road and transportation infrastructure under the Belt and Road Initiative , the...
KARACHI: Sui Southern Gas Company has jacked up procurement of imported liquefied petroleum gas , and issued 15 tenders for supply of locally...
KARACHI: Oil & Gas Regulatory Authority has initiated forensic technical, commercial, and management audit of the two gas companies to determine...
