Partial domestic flight operation starts today to facilitate people
Partial domestic flight operation starts from today to facilitate people. This was stated by Aviation Minister Ghulam Sarwar Khan in a video...
SECP extends time period for renewal of licenses
To facilitate not-for-profit companies in the wake on coronavirus pandemic, the Securities and Exchange Commission of Pakistan (SECP) has relaxed the time...
Qureshi again seeks economic relief for poor nations
Foreign Minister Shah Mehmood Qureshi has said the coronavirus pandemic is the gravest challenge of the century and requires collaborative steps among...
‘We have to live with Covid-19 this year’: PM Imran defends decision to reopen economy
ISLAMABAD: Prime Minister Imran Khan on Friday defended the government’s decision to ease the lockdown — imposed to curb the spread of the...
Retail sector sees sharp recovery as govt eases restrictions
--Compared to 11-14 May last year, consumer traffic in Rahim Yar Khan, Multan and Gujrat rises 60pc, 30pc and 15pc, respectively
--Data shows...
PSX witnesses bullish trend as index gains 203 points
KARACHI: Stocks rallied on the last session of the week as investors anticipated a rate cut in the country's monetary policy, which...
SBP slashes interest rate to 8pc as Covid-19 fallout hits economy
–SBP says virus has created ‘unique’ challenges for a monetary policy due to its non-economic origin
–MPC says inflation could fall further than...
SBP to announce monetary policy today
KARACHI: The State Bank of Pakistan’s Monetary Policy Committee will meet on Friday (today) in Karachi to decide the country’s monetary policy.
The...
Moody’s action has nothing to do with Pakistan specifically: SBP
The State Bank of Pakistan (SBP) has made it clear that the placement of Pakistan’s sovereign rating under review by Moody’s Investors...
COVID-19 economic impact can reach $8.8 trillion globally:Â ADBÂ
MANILA, PHILIPPINES: The global economy could suffer between $5.8 trillion and $8.8 trillion in losses—equivalent to 6.4% to 9.7% of global gross...
Turkey seeks global funding help to gird against lira shock
ANKARA: Turkey's government has appealed to foreign allies in an urgent search for funding, three senior Turkish officials said, as it prepares...
Pakistani company to manufacture Remdesivir within 8 weeks: Dr Zafar
A Pakistani pharmaceutical company has concluded its voluntary licensing agreement with US pharmaceutical company Gilead for the manufacture and sale of Remdesivir.
Pandemic clouds US-China trade deal: Trump
WASHINGTON: US President Donald Trump said on Thursday he was very disappointed in China over its failure to contain the novel coronavirus,...
Pakistan lauds IMF’s support to address economic impact of COVID-19
Minister for Economic Affairs Makhdum Khusro Bakhtyar has appreciated the IMF's support of 1.386 billion dollar under the Rapid Financing Instrument to...
Up to 36 million have sought US jobless aid since virus hit
WASHINGTON: Nearly 3 million laid-off workers applied for US unemployment benefits last week as the viral outbreak led more companies to slash...