Ferozsons concludes agreement with Gilead to produce Remdesivir

Remdesivir has been granted emergency use authorisation (EUA) by the US Food and Drug Administration (FDA) and authorities in Japan to treat hospitalised patients with severe COVID-19 disease.

Govt making efforts for opening of industrial, construction sectors: Omar

Minister for Power Omar Ayub Khan has said that Pakistan Tehreek-e-Insaf (PTI) government is making all out efforts for opening of industrial...

Big industry contracts 23pc in March

ISLAMABAD: As the government had imposed a partial lockdown during the month of March owing to COVID-19 outbreak in the country, growth...

Govt constitutes 10th National Finance Commission

--Centre includes resources for security and natural disasters/calamities as part of NFC ToRs  --President allows finance adviser to chair NFC in absence of...

FBR urged to abolish 3pc further tax on sales to unregistered persons

ISLAMABAD: The Federal of Pakistan Chamber of Commerce and Industry (FPCCI), in its budgetary proposals for the next fiscal year (FY21), has...

Bourse turns bullish over improved investor sentiment

KSE-100 gains 319 points on expectations of a further rate cut; construction of dams

CCP recommends cost audit of 5 sectors for policy intervention

ISLAMABAD: Following complaints of steep rise in prices of essentials commodities,  the Competition Commission of Pakistan (CCP) has recommended the Securities and...

Saudi Aramco Q1 net profit slides 25% as oil prices plunge

Saudi Arabian state oil giant Aramco on Tuesday reported a 25 per cent fall in first-quarter net profit, below analyst estimates, hurt...

Asia’s pandemic stimulus may slow the demise of coal

Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economies crippled...

Nimir Resins resumes production activities at Lahore plant

The management of the Nimir Resins Limited has decided to resume its plant operations (production facilities) at Lahore factory from today as...

TPB gives due consideration to budget proposals :Razak 

ISLAMABAD: Advisor to the Prime Minister on Commerce Abdul Razak Dawood has said the budget proposals, forwarded by different stakeholders, would be...

Pakistan cannot fight Covid-19 without medicinal imports from India: PPMA

KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has warned the federal government that any decision to discontinue the import of raw material...

Covid-19 lockdown dampens business optimism in Pakistan: D&B report

Only 19pc respondents anticipate increase in sales revenue, whereas 16pc expect decline in number of employees post Covid-19

Remittances remain steady despite COVID-19 crisis

KARACHI: Overseas Pakistani workers remitted $1,790.0 million in April 2020, a fall of $104.4 million or 5.5pc, when compared with $1,894.4 million...

Physical work on Diamer-Bhasha Dam ready for commencement, PM told

ISLAMABAD: Prime Minister Imran Khan was informed on Monday that as per his directions, all issues related to the critically important Diamer-Bhasha...