Tag: Firms

  According to Insight Research, textile firms in Pakistan are likely to benefit from the global increase in cotton prices, particularly firms that produce value...

Data from the Institute for Supply Management showed the vast U.S. services sector in December grew at its fastest clip in 10 months, boosted...

Two suicide car bombers attacked the offices of two mobile phone operators on Saturday in Nigeria’s northern city of Kano, killing themselves but no...

The front regulators at the recently-demutualised Karachi Stock Exchange (KSE) have decided to delist almost two dozen listed companies for their failure to comply...

The administration has yet to take steps to seal offices of 27 private security agencies in accordance with directives of the Khyber Pakhtunkhwa Home...

Pharma Bureau, a representative body of multinational pharmaceutical companies in Pakistan, has urged the government to implement a transparent and predictable pricing mechanism for...

The front regulators at Karachi Stock Exchange (KSE) are all set to de-list at least 26 listed companies at the bourse for committing various...

The Securities and Exchange Commission of Pakistan (SECP) registered 245 companies in September. The private companies have the highest share in new incorporation, 221...

TwO Korean companies with combined turnover of $100 billion have entered Pakistan with the investment of at least $200 million. The Korean giants, Lotte...

As many as 27 more listed firms, including some prominent banks, are going to face punitive action from the management of Karachi Stock Exchange...

Punjab Chief Minister Shahbaz Sharif has shown concern on the spread of private security agencies and their poor performance while presiding over a high-level...

More than half of the listed companies at Karachi Stock Exchange (KSE) attract little or no investment at the country’s largest bourse. Analysts fear...

Despite being the most heavily incentivised sector, a large number of textile companies listed at Karachi Stock Exchange (KSE) have been on the default...

Automobile Original Equipment Manufacturers (OEMs) have sought long-term and consistent policies in the upcoming budget in order to devise a market and investment strategy...

KARACHI - The Pakistani rupee gained on Tuesday to end near an eleven-month high, amid a lack of import payments and continuous healthy dollar inflows, dealers said.
The rupee closed at 84.43/53 to the dollar, compared with Monday's close of 84.72/78, its highest close since May last year.
"There were no oil payments, therefore there was less demand for the dollar," said a dealer at a foreign bank, adding that oil payments may start from next week.
Officials and

ISLAMABAD - Perturbed by the delay in commissioning of new gas discoveries because of litigation and chronic law and order issues, the National Assembly Standing Committee on Petroleum recommended the Oil and Gas Development Company Limited (OGDCL) to award its exploration and production contracts to key national strategic organisations to counter the delay tactics of multinational companies.
Committee Chairman Sheikh Waqqas Akram had given the direction to the OGDCL when its

KARACHI - The second half of the financial year bodes well for both Nishat Mills Limited (NML) and Nishat Chunian Limited (NCL) as cotton prices are likely to grow robustly in the local and international market. According to the Cotlook A Index and Karachi Cotton Association, cotton prices are currently hovering around $2.28 per pound and Rs 12,500 per maund, respectively.
Timely investment in cotton during the buying period (September-December) for both companies has allowed