Europe restarts car factories as virus cases fall
FRANKFURT: German car-making giant Volkswagen resumed production at its biggest factory on Monday as part of a broader industry drive to get...
Remittances expected to reach $21bn in current fiscal year
The Ministry of Finance has said that the government measures announced recently to boost remittances have paid off as remittances have already...
Stock markets rise on virus hopes as oil tanks
Equity markets rallied Tuesday as governments across the world started to ease coronavirus lockdown measures, but oil prices tumbled as a supply...
Pakistan, Afghanistan trade at standstill amid Covid-19 crisis
ISLAMABAD: Businessmen have requested the authorities concerned to allow export of Pakistani consignments to Afghanistan through Chaman, Torkham and Khorlachi borders which...
Int’l community’s financial support against COVID-19 crisis lauded
ISLAMABAD: Minister for Economic Affairs, Makhdum Khusro Bakhtyar has appreciated the continued support received from the international community including development partners to...
Flawed policies, exorbitant taxes hampering cement sector’s growth
The sector's average profitability drops 123pc in 1Q2020
Govt to pay small businesses’ power bills for three months
ECC approves Rs75bn relief package for unemployed labourers, SMEs
‘Virus lockdown’: CAP announces business closures from May 1st
LAHORE: Citing "non-availability of relief from the government", the Chainstores Association of Pakistan (CAP) has warned of permanent closure of businesses from...
Poultry farmers seek govt’s help amid COVID-19 crisis
LAHORE: As the country's poultry industry is on the verge of collapse due to COVID-19, poultry farmers have urged the government to...
PSX turns bearish; index sheds 491 points
KARACHI: The Pakistan Stock Exchange (PSX) closed the first trading session of Ramzan on a negative note, with the benchmark KSE-100 Index...
Rs75b allocated to provide relief to labourers, daily wagers: Hammad Â
Minister for Industries and Production Hammad Azhar has said that the government has allocated Rs 75 billion to provide relief to labourers...
Refineries given green light to import crude oil
KARACHI:Â The government has granted permission to refineries to import crude oil.
According to a notification of the Ministry of Energy (Petroleum Division), the...
PM-formed think-tank identifies key areas to boost economy
--Forum mulls reducing GST on consumer goods from 17pc to 5pc
--Members highlight need for further reduction in policy rate, oil pricesÂ
ISLAMABAD: Adviser...
COVID-19 poses unprecedented economic challenges, Qureshi says
ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Saturday said that Pakistan was facing an unprecedented situation at the economic front amid the coronavirus pandemic.
Addressing...
Sugar crisis inquiry commission given two weeks to submit report
ISLAMABAD:Â The sugar crisis inquiry commission has been given two more weeks to submit its detailed forensic audit report to the prime minister,...