Azeem Iqbal Pirani appointed CEO of Pak-Qatar Family Takaful

Pak-Qatar Family Takaful recently announced the appointment of Azeem Iqbal Pirani as its new Chief Executive Officer (CEO), effective from March 2020. Azeem...

PSX finally launches Exchange-Traded Funds

KARACHI: The Pakistan Stock Exchange (PSX) has finally launched its new product, Exchange-Traded Fund (ETF), according to a statement issued by the...

All bank branches, ATMs to remain open: SBP

KARACHI: The State Bank of Pakistan (SBP) has said that all bank branches and workplaces will remain open from March 24, according...

PM’s demand for ‘debt cancellation’ by IFIs lauded

Pakistan Industrial and Traders Associations Front (PIAF) has supported Prime Minister Imran Khan’s call on the international finance institutions (IFIs) to write...

Home work triggers demand jump for chips, laptops and network goods

SEOUL/TOKYO: With more employees working from home to help slow the spread of the coronavirus, demand is surging for laptops and network...

Germany prepares €150bn emergency budget in coronavirus package

BERLIN: Germany is readying an emergency budget worth more than 150 billion euros ($160 billion) to shore up jobs and businesses at...

FBR-Peshawar posts 100pc surge in FED collection

PESHAWAR: Federal Board of Revenue (FBR)-Peshawar has posted a 100pc surge in the collection of federal excise duty, as the department collected...

Negotiations lag on $1tr stimulus for virus-hit US

WASHINGTON: US lawmakers urgently negotiating a $1 trillion emergency package to salvage an economy ravaged by the coronavirus missed a Republican-imposed deadline...

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'

China to stimulate private investment, accelerate ‘new infrastructure’ development

BEIJING: China will cut fees on a large scale to stimulate private-sector investment and also accelerate the development of “new infrastructure” to...

Economist Atif Mian suggests ‘national lockdown’ to combat COVID-19

'Lockdown will give Pakistan essential time to build critical capacities and plan ahead'

COVID-19: Govt exempts 61 vital medical equipment from taxes

ISLAMABAD: The government on Friday exempted 61 compulsory medical-related equipment and machinery from taxes amid COVID-19 pandemic. As per a notification issued by the...

Firdous hints two-week lockdown as coronavirus cases surge

ISLAMABAD/KARACHI: As the first coronavirus patient died in Karachi, the Sindh government on Friday urged citizens to practice self-isolation for three days whereas...

SECP asks companies to divert CSR activities to COVID-19 prevention

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Friday advised all companies to divert their Corporate Social Responsibility (CSR) activities...

Saudi Arabia announces emergency stimulus, expects wider deficit

RIYADH/DUBAI: Saudi Arabia announced emergency stimulus measures on Friday that took its support for the economy to more than $32 billion as it...