PPA fears poultry sector crisis amid major dip in demand

ISLAMABAD: Pakistan Poultry Association Spokesman Khalil Sattar has expressed serious concerns over an imminent possible cut in the supply of chicken and...

Govt urged to ensure smooth supply of medicines

Pharma Bureau says distributors are not being allowed to move freely despite exemption from lockdowns

Govt likely to earmark Rs270bn in subsidies for FY21

ISLAMABAD: The federal government is likely to earmark Rs270 billion under the head of 'subsidies' for the next fiscal year (FY2020-21), Pakistan Today...

Pnjab govt announces Rs18bn tax waiver, Rs10bn relief package

Doctors and paramedics to get additional month’s salary over anti-corona efforts

SBP reduces cheque clearing time in wake of virus outbreak

KARACHI: The State Bank of Pakistan (SBP) has significantly reduced the time it takes to clear a cheque, according to a circular...

IMF chief: ‘Clear we have entered recession’

The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief...

ICCI calls for ‘urgent remedial measures’ to stabilise exchange rate

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Ahmed Waheed has urged the government to strengthen the exchange rates in...

COVID-19: CNG owners fear closures, demand ‘special relief package’

PESHAWAR: Owners and dealers of Compressed Natural Gas (CNG) have demanded the government to announce a 'special financial relief package' for the...

Sufficient stocks of food items available, says USC MD

ISLAMABAD: Utility Stores Corporation (USC) Managing Director Umar Lodhi said on Saturday that all utility store outlets were opened across the country...

Google-parent Alphabet to donate $800m in response to corona crisis

Alphabet Inc will donate more than $800 million (645 million pounds) in funds towards producing medical supplies used to fight COVID-19, and...

China’s booming mask producers are ‘printing money’

BEIJING: As the coronavirus pandemic that originated in Wuhan went global, thousands of factories in China nimbly turned to a new and...
Oil refineries

Russia calls for new enlarged OPEC deal to tackle oil demand collapse

MOSCOW: A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of Russia’s...

Suzuki Motor says suspending vehicle production in Japan from April 1

TOKYO: Japan's Suzuki Motor, says suspending vehicle production at all Japan plants from April 1-3. The Suzuki Motor further said suspension is due...

Govt urged to renegotiate terms with IMF to fight off corona impact   

Pakistan must renegotiate its terms and conditions for the current Extended Fund Facility (EFF) with the International Monetary Fund (IMF) amid the...

COVID-19 scare: Govt defers privatisation of 28 public sector entities 

ISLAMABAD: Following the situation emerging due to spread of deadly coronavirus, the Privatisation Division has deferred the sale of 28 public sector...