PSX no longer recognises AMCAP Securities
KARACHI: The Pakistan Stock Exchange (PSX) has cancelled the Trading Rights Entitlement (TRE) of AMCAP Securities Ltd, according to a statement released...
Regal Automobiles launches 800cc hatchback Pearl Prince
Priced at Rs1.049m, the car comes with EFI engine, power windows and steering, multimedia system and a three-year warranty
Licences of 28 mills suspended after flour crisis, LHC told
LAHORE: At least 204 mills were found involved in the wheat shortage that led to the flour crisis in the country, a...
Income tax deadline extended till Feb 28
The Federal Board of Revenue (FBR) on Friday extended the deadline to file income tax returns till February 28, 2020, to facilitate...
British Steel: France in threat to veto sale
The sale of British Steel to Chinese firm Jingye could be scuppered by French intervention.
Jingye agreed in November to buy the collapsed...
Faisalabad Industrial Estate fetches $2bn investment: minister
LAHORE: Punjab Industries and Trade Minister Mian Aslam Iqbal said on Friday an investment of $2 billion had been made in the...
Senate committee rejects report on DISCOs’ losses
ISLAMABAD: The Senate's Sub-Committee on Power rejected on Friday the figures presented by the distribution companies (DISCOs) regarding improvement in annual losses,...
LPG price slashed by Rs111 per 11.8kg cylinder
The Oil and Gas Regulatory Authority (OGRA) on Friday issued a price-revision notification of liquefied petroleum gas (LPG) for the month of...
Exxon quarterly profit falls 5.2pc on weak refining, chemical margins
HOUSTON: Exxon Mobil Corp reported a 5.2pc drop in fourth-quarter profit on Friday, as assets sales propped up flat year-over-year oil and...
Standard Chartered’s Shazad Dada elected as OICCI president
Standard Chartered Bank Pakistan Limited Chief Executive Officer Shazad Dada has taken over as president of the Overseas Investors Chamber of Commerce...
Stocks shed 272 points in volatile session
KSE-100's weekly return stood at -2.35pc, whereas its monthly return clocked in at 2.20pc
Qeemat Punjab App launches delivery service in four major cities
LAHORE: Qeemat Punjab, an app developed by the Punjab Information Technology Board (PITB) to monitor the prices of household commodities, has launched...
Oil prices climb as coronavirus death toll rises
NEW YORK: Oil prices rose on Friday following sharp losses this week, as the World Health Organisation (WHO) came out against travel...
Lahore Chamber halts all trade with China over coronavirus threat
ISLAMABAD: The Lahore Chamber of Commerce and Industry (LCCI) has halted all kinds of trade with China as the virus death toll...
Two IT parks being established in Pakistan, National Assembly told
ISLAMABAD: The National Assembly was informed on Friday that government has exempted Information Technology and IT-enabled services from income tax on export...