‘Liquidity constraints’: Garment manufacturers for zero-rating facility in FY21

LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has called for the restoration of zero-rating facility of 'no payment and...

Chinese-funded law firm to provide legal aid to companies in Pakistan

BEIJING: Zhongao Law Firm, a first Chinese-funded law company has been established to provide legal services and assistance to the Chinese enterprises...

First cargo ship carrying wheat, urea reaches Gwadar: Asim

Special Assistant to the Prime Minister on Information and Broadcasting and Chairman CPEC Authority Lieutenant General (retired) Asim Saleem Bajwa says first...

PIA CEO briefs President Alvi about investigation into plane crash

President Dr Arif Alvi has directed Chief Executive Officer of Pakistan International Airlines Air Marshal Arshad Malik to expedite the process of...

UK provides further assistance to Pakistan to fight Covid-19

The United Kingdom is providing more assistance besides latest 4.39 million pounds package to Pakistan in the fight to stop the spread...

Xiaomi Redmi launches Note 9 Pro and Redmi Note 9 in Pakistan

Global technology leader Xiaomi has announced Redmi Note 9 Pro and Redmi Note 9 in Pakistan. Redmi Note series has been offering some...

Volkswagen to invest over $2bn in Chinese electric vehicle sector

BEIJING: Volkswagen, the German car company, said Friday it will invest around €2 billion ($2.2 billion) in two Chinese companies in the...

PM’s aide terms Covid-19 ‘an opportunity to reshape business models’

ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Friday that the Covid-19 pandemic has certainly brought...

Ogra recommends Rs7 per litre cut in petrol price

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended the Petroleum Division to reduce the price of petrol by Rs7.06 per...

PFMA increases flour price by Rs120 per 20kg bag

LAHORE: The Pakistan Flour Mills Association (PFMA) on Friday increased the price of 20kg flour bag by Rs120, from Rs805 to Rs925. In...

Bulls return to bourse, index gains 235 points

KARACHI: The Pakistan Stock Exchange (PSX) changed its path on Friday, with the indices ending the last trading session of the month...

Japan’s jobless rate rises to 2.6% in April: government

TOKYO: Japan's jobless rate rose and the availability of jobs fell in April, government data showed on Friday. The seasonally adjusted unemployment rate...
Coronavirus-world economic recession

India’s economy to see worst economic contraction during current FY

Economists expect that India's economy will see the worst economic contraction in four decades during the current fiscal year that began in...

Dollar climbs to 164 in interbank market

The rupee lost Rs1.30 to reach Rs164 against the dollar in the interbank market on Friday as various parts of the country...

SEARLE partners with Beximco for supply of Covid-19 drug Remdesivir 

This partnership will provide an immediate supply of the finished product at an affordable price and will help healthcare providers of Pakistan to treat their hospitalised Covid-19 patients without any delay.