CCP recommends cost audit of 5 sectors for policy intervention
ISLAMABAD: Following complaints of steep rise in prices of essentials commodities, the Competition Commission of Pakistan (CCP) has recommended the Securities and...
Hafeez assures full support to projects of maritime affairs ministry
Minister for Maritime Affairs Syed Ali Haider Zaidi called on the Adviser to the Prime Minister on Finance and Revenue Dr Abdul...
Saudi Aramco Q1 net profit slides 25% as oil prices plunge
Saudi Arabian state oil giant Aramco on Tuesday reported a 25 per cent fall in first-quarter net profit, below analyst estimates, hurt...
Asia’s pandemic stimulus may slow the demise of coal
Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economies crippled...
Nimir Resins resumes production activities at Lahore plant
The management of the Nimir Resins Limited has decided to resume its plant operations (production facilities) at Lahore factory from today as...
Stocks down on fears over second wave as lockdowns ease
Fears of a second wave of coronavirus infections in some parts of the world weighed on equities Tuesday, bringing a dose of...
Oil rebounds in Asia after Saudi Arabia output cut
Oil rebounded in Asian trade Tuesday, buoyed by Saudi Arabia's decision to cut output more than it had pledged as the virus-hit...
World’s second-oldest airline faces bankruptcy amid Covid-19
NEW YORK, SAO PAULO: Avianca Holdings, Latin America’s second-largest airline, filed for bankruptcy on Sunday, after failing to meet a bond payment...
TPB gives due consideration to budget proposals :Razak
ISLAMABAD: Advisor to the Prime Minister on Commerce Abdul Razak Dawood has said the budget proposals, forwarded by different stakeholders, would be...
ECC likely to announce agri package for farmers amid virus lockown
ISLAMABAD: The federal government is likely to announce a mega agriculture package for the farmers in the wake of the COVID-10 pandemic...
Pakistan cannot fight Covid-19 without medicinal imports from India: PPMA
KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has warned the federal government that any decision to discontinue the import of raw material...
Experts explain govt’s decision to hedge oil prices
KARACHI: The Petroleum Ministry, in consultation with Habib Bank, JP Morgan, Standard Chartered Bank, and Citi Bank, has advocated hedging a proportion...
‘Silent spectators’: KP police fails to stop illicit cigarette trade despite IPO alerts
ISLAMABAD: As the production of counterfeit cigarettes in Khyber Pakhtunkhawa has been depriving the national exchequer of billions of rupees worth revenue,...
Covid-19 lockdown dampens business optimism in Pakistan: D&B report
Only 19pc respondents anticipate increase in sales revenue, whereas 16pc expect decline in number of employees post Covid-19
Chinese investment in US drops to lowest level since 2009
WASHINGTON: China’s direct investment in the United States fell last year to its lowest level since the Great Recession, even before the...