Sony’s dwindling smartphone business is nothing new, the company has been suffering losses for a long time now. In the… Read More
SBP Finally Allows Insurance Companies to Issue Dollar Denominated Policies
The State Bank of Pakistan (SBP) has decided to allow resident insurance companies to issue US Dollar denominated insurance policies… Read More
SBP to Introduce Asaan Mobile Account Scheme in January 2018
The government is planning to launch the Asaan Mobile Account (AMA) Scheme in January 2018 to allow anyone with a… Read More
SECP Warns Life Insurance Companies to Comply with Money Laundering Rules
The Insurance Division carried out thematic review of the implementation of SRO 20(I)/2012 dated January 11, 2012, requiring insurers to… Read More
China Funds $1 Billion of Infrastructure Costs as NHA Leads CPEC’s Completion
China is going to undertake three new infrastructure projects with an estimated cost of $1 billion under the China Pakistan Economic… Read More
Major Shuffle at Bank Alfalah as Key Executives Leave
Bank Alfalah has suddenly decided to change the team which enabled it to win the Best Bank of The Year… Read More
Samsung Posts a Stunning 245% Increase in Profits in Q3 2017
Despite increasing competition, Samsung rounded up yet another quarter with record profits. The company ended the time period with a… Read More
Daily Stock Report: Market Registers Another Fall of Over 700 Points
The Pakistan Stock Exchange continued its ride in the red over huge selling pressure, ending with a fall of 707… Read More
Mari Petroleum’s Profits Surge by Over 30% in Q3 2017
Mari Petroleum Company Limited’s profit surged 30.8% to Rs. 3.61 billion in the quarter ended September 2017 as compared to… Read More
NBP Profits Rise by 55% in Q3 2017
National Bank of Pakistan’s profits rose 55.3% to Rs. 6.15 billion in the third quarter of 2017, as compared to… Read More
NetSol Technologies’ Quarterly Profits Increase by 35%
NetSol Technologies Profits reported an after-tax profit of Rs. 158 million which is up to 35% higher as compared to… Read More
Ittefaq Iron Boasts 123% Increase in Profits During Q1 FY2017-18
Ittefaq Iron Industries Limited has announced that it made a net profit of Rs. 68.29 million in the first quarter… Read More
