Habib Bank Limited (HBL), one of the leading banks of the country, witnessed a tough time during this quarter. Due… Read More
Govt Proposes Reducing the Super Tax and Corporate Tax
The government has proposed to reduce the super tax by 1% per year from financial year 2018-19 for both banking… Read More
Terrorism Has Cost Pakistan Over $126 Billion Since 2001
During the last 17 years, the direct and indirect cost incurred by Pakistan due to incidents of terrorism amounted to… Read More
Faysal Bank Profits Drop by 34% in Q1 2018
Faysal Bank Limited witnessed a dip in its profits by 34 percent during the first quarter of 2018. According to… Read More
MCB Bank Profits Decline by 22% in Q1 2018
MCB Bank Limited recorded a decline of 22% in profits for the first quarter of 2018. The decline has been… Read More
Bank Alfalah Records 17% Profit Growth in Q1 2018
Bank Alfalah Limited (BAFL) is among the few banks retaining its stable profit growth, which increased by 17% in the… Read More
Meezan Bank Records a 26% Growth in Profits in Q1 2018
Meezan Bank continued to show stability in its profit growth which increased by 26 percent in the first quarter of… Read More
Islamic Banking Industry Recorded a 35% Growth in Profits in 2017
Islamic Bank Industry (IBI) continued to expand in the country with a handsome double-digit growth of 35 percent in the… Read More
Microfinance Banking Sector’s GLP Crosses Rs. 200 Billion Mark
Pakistan’s microfinance sector is gradually expanding with rising penetration of services across the country. This is reflected in the Gross… Read More
WorldCall Telecom Records Profit of Rs. 6 Billion After 5-Year Gap
WorldCall Telecom Limited (WTL), a telecom and media service provider, has succeeded in making a profit of Rs. 6.101 billion… Read More
Govt Likely To Miss GDP Growth Target of 6% in FY18
PML(N) government is likely to miss the set target of 6% for GDP growth rate in the fiscal year 2017-18… Read More
Karachi to Peshawar Motorway Expected to Bring New Investment Opportunities in Karachi
China Pakistan Economic Corridor, a multi-billion dollar project, is set to bring investment in Karachi, which can be assessed from… Read More
