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...