‘Govt making all-out efforts to minimise virus impact on economy’
Hammad Azhar says Centre and provinces are on same page in determining as to what industries should be opened during lockdown
COVID-19: SBP enhances financing limit for hospitals
KARACHI: The State Bank of Pakistan (SBP) has increased the financing limit for a hospital from Rs200 million to Rs500 million, under...
Fears of cement manufacturers grow amid rising costs, taxes
LAHORE: The country’s cement manufacturers have warned that they are at a stage if the losses (3QFY20 losses) keep mounting, they fear large...
SBP reserves rise $1.9bn to $12bn
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $1,181 million to $12,070.3 million during the week...
Proposals for tariff rationalisation evaluated; sub-committee formed
ISLAMABAD: As various sectors had demanded the Ministry of Commerce and other relevant authorities to review the existing tariff structure keeping in...
Pakistan likely to miss FY20 export target by $3bn, Dawood says
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has said that the country's export target of $25 billion would not...
ECNEC approves Rs175bn to settle Diamer-Basha land issues
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Thursday approved Rs175.43 billion to address land and resettlement issues pertaining...
PM’s aide calls for concerted efforts to achieve macroeconomic goals
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday emphasised upon the need for better coordination...
Bulls continue impressive run, index gains 952 points
After crashing by 23pc in March, KSE-100 posts 16pc recovery in April
Shell cuts dividend for first time since 1940s as oil demand collapses
Royal Dutch Shell cut its dividend for the first time in 80 years and suspended the next tranche of its share buyback...
Philip Morris factory becomes operational in Sahiwal
The Philip Morris (Pakistan) Limited (PMPK) became operational from April 29 (Wednesday ) in Sahiwal, informed the company in a statement to...
Half of world’s workers risk losing livelihoods in pandemic: ILO
UNITED NATIONS: Nearly half the global workforce – 1.6 billion people – are in “immediate danger of having their livelihoods destroyed” by...
PIDE predicts up to 14pc decrease in remittances
LAHORE: The Pakistan Institute of Development Economics (PIDE) has revealed in a report that due to Covid-19 crisis and turmoil in oil...
Big retailers assured of govt’s ‘all-out support’ during lockdown
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday appreciated the role that chain stores and tier-1 retailers played...
SCCI demands ‘rescue package’ for ailing CNG sector
PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) President Engr Maqsood Anwar Pervaiz on Wednesday demanded the government to announce a 'special...