Category: Business

Cement industry sales up by 15.29% in Q1

Operating at 88.18 percent of its installed capacity in the first quarter of this fiscal year, the cement industry produced 10.348 million tonnes of cement – the...

Dollar remains flat in value versus domestic unit

Greenback closed unchanged in value versus domestic unit in interbank while edged lower in open market. . Dollar changed hands versus rupee at 105.25 for buying and at...

Best Corporate Report award received by MCB Bank

One of Pakistan’s largest and most innovative banks, has been honoured with the prestigious ‘Best Corporate Report’ Award in the banking sector This is the seventh...

Chinese investment in Pakistan

 The Foreign Direct investment (FDI) continues to show encouraging growth trend as in the first two months of current fiscal year (July-August), 2MFY18, China topped...

European airlines flying towards consolidation

A dogfight over the assets of troubled Alitalia and Air Berlin heralds a new shake-up in the European airline industry Facing insolvency after key investor Etihad threw...

Samsung heir’s jailing heralds reform drive

The conviction and jailing of South Korea’s top business tycoon heralds a drive to reform the country’s giant conglomerates and loosen their grip on the...

Fate of FPCCI will change in coming federation polls

he Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has termed the performance of United Business The UBG leaders failed...

Apathy at PSX paves the way for bears

 Pakistan equities on Thursday failed to sustain bullish spell for lack of any trade related excitement and US-Pak tension Market opened on a positive note as stocks...

Only 2% rickshaw drivers, 19% bikers

Siraj Kassam Teli urges authorities to take action against people without licences The traffic chaos being suffered each day on the streets of Karachi is mainly due to...

MCB launches 3D projection mapping system

 MCB Bank, one of the largest and most innovative banks in Pakistan, recently launched a state-of-the-art 3D Projection Mapping System at the MCB Center in Lahore. The...