First batch of locally-produced ventilators handed over to NDMA
The first batch of domestically-produced ventilators was handed over to the National Disaster Management Authority (NDMA) primarily to treat the critically-ill coronavirus...
Kenya uses app in battle against desert locusts
LORUGUM: Lorugum village in northwest Kenya is under siege. Hundreds of thousands of young desert locusts perch on trees, shrubs, and in...
Unbudgeted subsidy of Rs969m extended to RLNG fertiliser plants
Agritech and Fatima Fertilizer will receive RLNG at a subsidised rate of Rs756 per mmbtu for three months to produce around 200,000 tonnes of urea
SNGPL stakeholders elect 11 board of directors
The Sui Northern Gas Pipelines Limited’s shareholders have elected 11 directors of the company for next triennial starting from July 6, 2020.
Of...
PM directs MoC to present five-year trade policy by July 10
ISLAMABAD: The Prime Minister (PM) Imran Khan has directed the Ministry of Commerce (MoC) to present the next five year trade policy...
Stocks gain 151 points in range-bound session
KARACHI: The Pakistan Stock Exchange (PSX) moved within a narrow range on Monday, with the benchmark KSE-100 Index managing to gain some...
IT, ITeS export remittances surge 20.75pc to $1.11bn in 11 months
ISLAMABAD: Pakistan's Information Technology (IT) and IT enabled Services (ITeS) export remittances comprising computer services and call center services surged to $1.11...
Pakistan, China ink accord for construction of Azad Pattan Hydel Power Project
Lt Gen (r) Asim Bajwa says the project will attract $1.5bn foreign investment, besides creating 3,000 job opportunities
Oil mixed on tighter supply, surge in US virus cases
LONDON: Oil prices were mixed on Monday, with Brent crude edging higher on tighter supplies and positive economic data, while US benchmark...
SBP extends refinance facility to hospitals serving non-Covid-19 patients
KARACHI: In light of the deteriorating situation of healthcare in Pakistan, the State Bank of Pakistan (SBP) has extended its refinance facility to...
KP government initiates Rs5.76bn relief payment to North Waziristan traders affected by military operation
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has initiated the payment of more than Rs5.76 billion in total funds to traders affected by...
Textile millers fear production losses amid power outages, low gas pressure
LAHORE: All Pakistan Textile Mills Association (APTMA)-Punjab Chairman Adil Bashir has said that frequent power outages and inadequate supply of gas were...
Uber to buy Postmates in $2.65bn stock deal, expands food-delivery reach
The company looks to expand its reach in the food-delivery services arena as more people order at home due to coronavirus-led restrictions
Foreign investors satisfied with improving security environment: OICCI survey
ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) released the results of its latest Annual Security Survey 2020, covering feedback on...
After three months of stagnation, cement despatches surge 30pc in June
--Domestic uptake increases 19.6pc to 3.83m tonnes in June 2020, while exports surge 123pc to 0.78m tonnes
--Overall cement consumption in FY20 inched...