Asian equities climb as countries slowly reopen
Asian markets rose Monday as a further easing of lockdowns around the world offset another round of data highlighting the sharp economic...
Ignore SOPs and entire market will be shut down, govt warns traders
ISLAMABAD:Â The National Command and Operation Centre (NCOC) on Saturday warned the traders and shop owners that non-compliance of standard operating procedures (SOPs)...
Punjab flour millers to go on strike against govt raids
The flour millers of Punjab have decided to go on a strike to protest the raids conducted by the Punjab Food Authority.
The...
APTMA expects improvement in exports from this month
LAHORE: The textile industry has apprised the federal government of its target of achieving 45pc exports in May and 55pc exports in...
ICCI calls for further reduction in policy rate
ISLAMABAD: Reacting to the 1pc slash in interest rate by the State Bank of Pakistan, Islamabad Chamber of Commerce and Industry (ICCI)...
COVID-19: Spending on eating out falls 70pc, grocery shopping increases 58pc
LAHORE: Consumer spending on groceries post coronavirus lockdown increased by 58pc per cent, whereas the amount spent on eating out fell by...
Govt may reduce development budget to Rs530bn in FY21Â
ISLAMABAD: As the COVID-19 pandemic has left limited room for the government to spend on development projects, the Centre has planned to...
Pak-Afghan border opens for round the clock trade; businessmen hail decision
PESHAWAR: The government has announced the opening of Pak-Afghan border at Torkham and Chaman posts round the clock for six days per...
Rice exporters urged to prepare for upcoming Mexican delegation’s visit
Dawood says govt striving hard to reclaim traditional markets, besides getting access to new ones
BankIslami Sukuk certificates now trading on PSX
KARACHI: BankIslami Pakistan sukuk certificates will now be traded on the Pakistan Stock Exchange (PSX), according to a statement issued by the...
Retail sector sees sharp recovery as govt eases restrictions
--Compared to 11-14 May last year, consumer traffic in Rahim Yar Khan, Multan and Gujrat rises 60pc, 30pc and 15pc, respectively
--Data shows...
US moves to cut Huawei off from global chip suppliers
WASHINGTON: The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action ramping...
No downgrading of Pakistan’s B3 rating by Moody’s: MoF
The Ministry of Finance has clarified that the rating review conducted by Moody's Investor Service on May 14 “did not downgrade Pakistan's...
PSX witnesses bullish trend as index gains 203 points
KARACHI: Stocks rallied on the last session of the week as investors anticipated a rate cut in the country's monetary policy, which...
SBP slashes interest rate to 8pc as Covid-19 fallout hits economy
–SBP says virus has created ‘unique’ challenges for a monetary policy due to its non-economic origin
–MPC says inflation could fall further than...