Experts welcome govt’s stimulus package, but deplore ‘nominal rate cut’
LAHORE: Exporters and economists on Tuesday welcomed the Rs1,200 billion 'stimulus package' announced by Prime Minister Imran Khan to financially support different...
CPEC projects to provide jobs, ensure economic uplift: PM
ISLAMABAD: Prime Minister Imran Khan on Tuesday said China-Pakistan Economic Corridor (CPEC) projects are vital for the development of Pakistan as these...
Govt announces Rs1.2tr financial package amid lockdowns
–Reduces petroleum prices by Rs15, announces tax funds for industries, slashes interest rate, allocates Rs200bn for labourers
–PM Imran says complete lockdown will...
SBP cuts key interest rate by 150bps to 11pc
KARACHI: The State Bank of Pakistan (SBP) has decided to cut the country’s policy rate from 12.5pc to 11pc in an emergency...
KSE-100 sinks 2,100 points amid virus uncertainty
KARACHI:Â The Pakistan Stock Exchange (PSX) took a massive beating on Tuesday, with the KSE-100 Index nosediving below the 29,000-mark intraday, triggering a...
COVID-19: Govt urged to waive electricity, gas bills for three months
LCCI president suggests govt to use marriage halls as quarantine centres amid shortage of healthcare facilities
Business community suggests govt to impose coronavirus lockdownÂ
Calls for setting up of special fund to support daily wagersÂ
 LAHORE : The business community on Monday urged the government to announce complete...
SEZs establishment important part of CPEC enrichment, extension
The establishment of Special Economic Zones (SEZs) is an important part of the construction of the China-Pakistan Economic Corridor (CPEC) and is...
PHMA urges govt to ensure job security for textile workers
'Govt must immediately announce a relief package to facilitate textile workers during the shutdown period'
IMF agrees to give tax concession to virus-hit businessesÂ
ISLAMABAD: Keeping in view losses to the national economy in the wake of the coronavirus pandemic, the International Monetary Fund (IMF) has...
Firdous hints two-week lockdown as coronavirus cases surge
ISLAMABAD/KARACHI:Â As the first coronavirus patient died in Karachi, the Sindh government on Friday urged citizens to practice self-isolation for three days whereas...
SBP announces six relaxations for exporters impacted by COVID-19
KARACHI: The State Bank of Pakistan (SBP) has announced six different relaxations to help exporters facing declining demand in overseas markets and...
Govt redirects $40m non-utilised WB funds to fight coronavirus
The federal government on Friday redirected $40 million non-utilised funds from World Bank projects that can be used by the federal and...
Bulls return to bourse, lift KSE-100 by 537 points
KARACHI: Stocks staged a handsome recovery after a volatile session on Friday, as the indices oscillated in both directions before closing with...
Companies hit pause button as coronavirus infects economy
Layoffs, cutting costs and halting dividends… companies are scrambling to adapt as the coronavirus emergency hits demand while the draconian measures taken...