Pakistan stocks close flat amid volatile tradingKARACHI: Pakistan Equities closed Tuesday little changed after witnessing volatile trading where the benchmark KSE100 Index swung in a 500 points range. KSE-100 index witnessed a bear market in today'...
E-commerce on rise in Pakistan, Rs 9.8bn payments accepted through banks: SBPISLAMABAD: Business to consumer E-Commerce (e-B2C) is on the rise in Pakistan as 571 local e-commerce merchants were already accepting payments through banking channels as of the end of June 2017, wit...
Honda Pakistan achieves record breaking sales in 2017LAHORE: Honda Atlas Cars Pakistan Limited (HACPL), an automobile subsidiary of Honda, announced its annual sales for the year 2017. The company has achieved an all-time sales record, since its establi...
Greenback closes flat in value versus domestic unitKARACHI: The greenback closed even in value versus the domestic unit in the interbank and gained value in open market transaction on demand by corporate and private sector. The greenback closed at Rs...
Yellow metal price maintains value on Gold Futures, hedgingKARACHI: The yellow metal price in global and domestic markets maintained stability on Gold Futures speculations and hedging on short term basis. Buyers remained inclined dealing on short term basis w...
Moin Fudda elected CDC Board chairmanKARACHI: The Board of Directors of the Central Depository Company of Pakistan Limited (CDC) has been re-constituted and now consists of 4 independent directors namely Mr. Moin M. Fudda, Syed Masoud Al...
Cotton trading remains grade selective amid stable physical pricesKARACHI: Cotton market witnessed firm buying on better grade dealings and buyers in anticipation of an upward change in prices in the upcoming trading sessions made forward deals. Better grades of lin...
Cotton import to touch $1.20 billion in 2018 on output shortfall, duty cut on importKARACHI: The cotton import by the textile and spinning sector of the country will likely touch more than $1.20 billion in 2018 on import of 4.3 million bales on the back of around 3.6 million bales sh...
PTCL injects Rs 1b in U Microfinance BankKARACHI: Pakistan Telecommunication Company Limited (PTCL) has injected an additional equity of Rs 1 billion in U Microfinance Bank Ltd. (U Bank), which is a wholly owned subsidiary of PTCL. This capi...
Peek Freans presents ‘Gluco Allahyar and the Legend of Markhor’Karachi: Peek Freans Gluco, a favourite amongst millions of children and mothers alike, is proud to be the official sponsor of the much-anticipated animated movie, "Gluco Allahyar and the Legend of Ma...