Govt urged to ensure smooth supply of medicines
Pharma Bureau says distributors are not being allowed to move freely despite exemption from lockdowns
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...
Telecom operators introduce new services to promote work from home
ISLAMABAD: All four telecom operators in the country have come forward with services facilitating work-from-home in the current circumstances owing to coronavirus...
Coronavirus inflicts Rs30bn loss on Pakistan’s economy
--'Banks will have to bear the burden of more non-performing loans, deferred mark-up payments, lower capital gains etc.'
--'Exports to suffer the most...
IMF chief says ready to help Pakistan avert corona crisis
'Our team is working expeditiously to respond to PM Khan's request so that a proposal can be considered by the IMF’s Executive Board as soon as possible'
Telcos call for ease in restrictions as lockdowns disrupt services
ISLAMABAD: As the usage of internet has increased 15pc due to lockdowns imposed across the country, the service providers are finding it...
Stocks stage 842-point comeback rally
KARACHI: The Pakistan Stock Exchange (PSX) took a much needed breather on Friday, with the benchmark KSE-100 Index recovering some of the...
MoC lauded for safeguarding textile sector amid corona crisis
LAHORE: The textile industry on Friday lauded the timely measures taken by the Ministry of Commerce (MoC) in resolving its issues, including...
SBP launches online portal for FX-related cases
KARACHI: The State Bank of Pakistan has launched a Regulatory Approval System (RAS) for cases related to foreign exchange policy and operations,...
COVID-19: Pakistan approaches multilateral creditors to seeks debt moratorium
ISLAMABAD: In the wake of the coronavirus outbreak in the country, Pakistan has approached multilateral creditors to seek debt moratorium, a local...
Rupee makes sharp recovery against dollar
KARACHI: After suffering a massive loss in early trade on Friday morning, the Pakistani Rupee made a sharp recovery against the US dollar...
