Pakistan pledges $3m to fight coronavirus in South Asia

ISLAMABAD: Pakistan has pledged $3 million to the South Asian Association of Regional Countries (SAARC) COVID-19 Emergency Fund to support efforts in the...

South African land reform panel recommends seizures without pay in certain circumstances

JOHANNESBURG: An advisory report on land reform in South Africa has recommended changing the constitution to allow the government to seize land...

SAPM urges regional media to counter hostile propaganda against BRI

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Information and Broadcasting Firdous Ashiq Awan said on Tuesday that China's Belt and Road Initiative...

ADB sells $4.5b two-year global bonds in largest-ever single tranche outing

MANILA, PHILIPPINES:  The Asian Development Bank (ADB) returned to the US dollar bond market on March 31 with the pricing of a...

UK economy shrinks 5.8% in March, most on record

LONDON: Britain’s economy shrank by a record 5.8 percent in March from February as the coronavirus crisis escalated and the government ordered...

US should announce economic package for repatriation of Afghan refugees: Ahsan Iqbal

GWADAR: Interior Minister Ahsan Iqbal, while responding to the United States (US) said that the US should do more instead of telling Pakistan...

UK economy dodges no-deal Brexit hit, for now

LONDON: Britain's economy has struggled beneath the weight of Brexit uncertainty for nearly three years, but many business leaders would probably be relieved...

Rs280 billion allocated to purchase wheat, says Hammad 

Planning Minister Asad Umar has underlined the need for a united national response to meet the challenge of Coronavirus pandemic. He was briefing...

Flour crisis: ECC to discuss wheat import today

ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet will take up the matter of wheat import on Monday. Adviser to Prime...

Utility stores’ liabilities stand at Rs15.6bn, NA body told

ISLAMABAD: Parliamentary Secretary for Industries and Production Aliya Hamza told the National Assembly on Wednesday that current liabilities of Utility Stores Corporation stood...

Iran seeks $5bn IMF loan to combat Covid-19

TEHRAN: Iranian President Hassan Rouhani urged the International Monetary Fund (IMF) on Wednesday to give the sanctions-hit country a $5 billion emergency...

Govt could miss privatisation target of PSEs, face Rs 150b deficit

ISLAMABAD: In the wake of the fast spreading coronavirus situation in the country and travel restrictions, the Prime Minister Imran Khan-led government...

Economy maintaining growth momentum despite external headwinds: SBP

KARACHI: The State Bank of Pakistan on Friday stated that preliminary data on key macroeconomic indicators suggest that growth momentum remained strong in...

GM, Ford to have white-collar employees work remotely starting Monday

DETROIT: US automakers General Motors Co and Ford Motor Co said on Friday they will have most of their white-collar workforce working...

NA body approves PSDP proposals, projects worth Rs8.455bn

ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue Wednesday approved the allocation of Rs 2.3 billion for its eight development...