Shell cuts dividend for first time since 1940s as oil demand collapses

Royal Dutch Shell cut its dividend for the first time in 80 years and suspended the next tranche of its share buyback...

28 Pakistani enterprises participate in cloud exhibition in China

BEIJING: As many as 28 Pakistani enterprises have been invited to participate in the Shandong Export Commodities (Pakistan) Cloud Exhibition launched in...

Pakistan, Afghanistan trade at standstill amid Covid-19 crisis

ISLAMABAD: Businessmen have requested the authorities concerned to allow export of Pakistani consignments to Afghanistan through Chaman, Torkham and Khorlachi borders which...
US-China

US imposes new rules on exports to China to keep them from its military

The United States said on Monday it will impose new restrictions on exports to China to keep semiconductor production equipment and other...

Tea imports contract 15.6pc to $376m in 3QFY20

ISLAMABAD: The tea imports into the country witnessed a decline of 15.61 per cent during the first three quarters of the current...

Govt urged to ensure availability of labourers for upcoming mango season

PFVA calls for 'special transport facilities' so that labourers can easily travel from Punjab to Sindh

KP traders reject ‘early closure of shops’, warn of protests

PESHAWAR: The trade associations of Khyber Pakhtunkhwa (KP) on Saturday warned of protests against the provincial government's decision to close shops at...

Pakistan’s exports to Africa surge by 10%: Razak

Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood on Friday disclosed that even in these testing times, Pakistan's exports...

Gwadar Port operationalised for Afghan transit trade: Dawood 

Adviser to Prime Minister for Commerce and Investment Abdul Razak Dawood on Tuesday announced that the Ministry of Commerce has operationalised Gwadar...

US to add 75mln barrels of oil to strategic reserve: Trump

WASHINGTON: President Donald Trump said Monday the US would take advantage of the historic drop in oil prices to buy 75 million...

Govt allows import of wheat, sugar, fertiliser at Gwadar Port

ISLAMABAD: The federal government has allowed the import of wheat, sugar and fertilisers at the Gwadar Port and onward transit to Afghanistan...

Pak-US trade surplus falls 1.9pc in eight months: SBP

ISLAMABAD: The country's goods and trade services with the United States (US) have witnessed a decrease of 1.9 per cent in surplus...

3QFY20: Textile exports increase 4.24pc to $10.4bn

ISLAMABAD: Textile exports from the country increased by 4.24 per cent during the first three quarters of the current fiscal year as against...
Cottage industry

Govt urged to restore description of greenfield industry

LAHORE: The manufacturing sectors of the country have urged the government to restore the description of ‘greenfield industry’ as mentioned in Finance Supplementary...

Pakistan’s exports to fall $3bn owing to coronavirus: Dawood

ISLAMABAD: Adviser to the Prime Minister on Commerce Abdul Razak Dawood has said the State Bank of Pakistan (SBP) has called for...