Telecom sector’s total revenues for fiscal year 2015/16 stood at Rs. 452.8 billion, slightly up from 446.2 billion reported during… Read More
NBP Records 25% Profit Growth in First Half of 2016
National Bank of Pakistan’s after-tax profit increased by 25.3% to Rs.9.5 billion compared to Rs. 7.5 billion for the corresponding… Read More
Pakistan Still Lags Behind Most Emerging Countries in Banking
The Brooking’s 2016 edition of the Report on Financial and Digital Inclusion Project (FDIP) evaluates access and usage of affordable… Read More
Telecom Sector Borrowing from Banks Reaches Rs. 55 Billion
Telecom sector is one of the largest contributors to Foreign Direct Investment (FDI) in Pakistan. That is they are run… Read More
Mobilink Reports 14% YoY Growth in Revenues
Mobilink has reported Rs. 29.8 billion in revenues — an all time best in local currency — for second quarter… Read More
Telcos Sent $176 million Profits Back To Headquarters During 2015-16
Multinational telecommunication companies, mainly the cellular operators, sent back $176.2 million profit to the countries of their headquarters during the… Read More
Huawei Sales Increase by 40% in First Half of 2016
Huawei is looking set to join the big leagues in the smartphone business. The company has announced its revenue figures… Read More
Telecom Sector FDI Records 219% Growth During 2015-16
The net Foreign Direct Investment (FDI) in telecom sector witnessed a growth of 219 percent during the financial year of… Read More
PTCL Profits Down 2.2% in First Half of 2016
Facing different challenges and operational issues, PTCL Group failed to sustain its profitable growth during the second half of 2016.… Read More
Telenor Posts 9% Revenue Growth During Q2 2016
Telenor Pakistan posted a revenue growth of 9% during Q2 2016 — as compared with same duration last year —… Read More
Growth in Branchless Banking Sector Goes Flat
Furious growth indicators of branchless banking sector have gone flat as State Bank of Pakistan has reported that number of transactions… Read More
Banking Sector Nets Rs. 52.9 Billion in Profits
Banking sector of Pakistan earned Rs 52.9 billion with 2.1 percent growth in the first quarter of current calendar year… Read More
