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Category: Business

Business

MCB Bank profit dips 14pc

By sundaytimesOctober 27, 2016

KARACHI: MCB Bank’s after-tax profit fell nearly 14 per cent year-on-year to Rs17.4 billion in the nine months to Sept 30, the bank announced on Wednesday. The figure […]

Business

ADB offers to increase assistance to help Pakistan become trading hub

By sundaytimesOctober 26, 2016

ISLAMABAD: Asian Develo­pment Bank (ADB) President Tak­e­hiko Nakao on Tuesday offered to increase its development assistance to Pakistan and called for improved governance and security, reviving agriculture and […]

Business

India’s cotton exports to suffer as Pakistan trims purchases

By sundaytimesOctober 25, 2016

MUMBAI: India’s cotton exports in 2016-17 are likely to fall 28 per cent from a year ago to 5 million bales as its top buyer Pakistan is set […]

Business

The business of perception

By sundaytimesOctober 24, 2016

The contrast in consumer and business behaviour in the country is too stark to ignore, especially in times of heightened political activity. Businessmen dislike street politics which, they […]

Business Property

Realtors seek old tax rates

By sundaytimesOctober 22, 2016

LAHORE: Real estate agents have asked the government to withdraw heavy taxes imposed on July 1 on the property sector and restore tax slab at the level of […]

Business

Attock Petroleum profit rises

By sundaytimesOctober 20, 2016

KARACHI: Attock Petroleum Limited (APL) on Wednesday announced its earnings for the first quarter of this fiscal year clocked in at Rs1.56 billion, converting into earnings per share […]

Business

World Bank secretly finances Asian ‘coal boom,’ group says

By sundaytimesOctober 3, 2016

By AFP: WASHINGTON: The World Bank is indirectly financing a boom in some of Asia’s dirtiest coal-fired power generation despite commitments to end most funding for the sector, […]

Business

India, Pakistan stocks fall after Kashmir strikes

By sundaytimesSeptember 29, 2016

By AFP: MUMBAI: Indian stock markets slumped almost two per cent on Thursday after the army claimed it had conducted “surgical strikes” along the de-facto border with Pakistan […]

Business

Government launches $500 million in Islamic bonds

By sundaytimesSeptember 29, 2016

By AFP: KARACHI: Government is set to launch $500 million in Islamic bonds to raise money for country’s foreign exchange reserves, a senior official said Wednesday. The government […]

Business

Oil prices surge after OPEC output cut deal

By sundaytimesSeptember 29, 2016

By AFP: SINGAPORE: Oil prices surged Thursday after the OPEC producers’ group surprised the market with a deal to slash output. At the end of six hours of […]

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