Business

Business

FMCG companies make huge profits

With consumerism thriving, stock prices of listed consumer goods companies have provided investors a juicy return of 42pc in 2014-to-date,…

2 Min Read

LNG imports may start from March

The government is confident that the import of liquefied natural gas — initially exclusively for the power sector — will…

2 Min Read

Chinse investments of up to $45 billion on the cards

Despite the political hurdles, the government has finally been able to formalise the much-delayed cooperation agreements with China worth $45.65bn…

3 Min Read

Rupee fluctuates against dollar

AS it emerged at the start of last week that the IMF staff would recommend its executive board to release…

2 Min Read

KASB Modaraba set to merge with two other firms

The Securities and Exchange Commission of Pakistan (SECP) is merging three small Islamic investment firms after the central bank took…

1 Min Read

SBP reduces monetary policy rate to 9.5 percent

Pakistan’s central bank reduced its key policy rate by 50 basis points to 9.5 per cent until mid-January, the State…

1 Min Read

International Company to work on Tapi Pipeline Set Up on BOT basis

Four state-owned gas organisations of Turkmenistan, Afghanistan, Pakistan and India (Tapi) have established a company that will build, own and…

1 Min Read

PIA gets lacklustre response in bid to hire PR firm

The Pakistan International Airlines (PIA) has received poor response from public relations and media management firms for its plan to…

2 Min Read

Gold prices fall

Gold fell more than 1 per cent yesterday, breaking below chart support at $1,150 an ounce, as the dollar hit…

1 Min Read