Emirates to raise debt as it braces for most difficult months ever
DUBAI: Emirates, one of the world's biggest long-haul airlines, said on Sunday it will raise debt to help it through the coronavirus...
NHA revenue up by 73% during PTI govt’s tenure
Minister for Communications Murad Saeed has said the revenue of National Highway Authority has increased by 73 percent during the tenure of...
MSMEs, consumers set to benefit from SECP’s registry amid Covid-19: IFC
ISLAMABAD: Pakistan’s micro, small and medium enterprises (MSMEs) and individual consumers are set to benefit from the creation of an electronic registry that...
Govt considering buying oil in advance to benefit from global prices
ISLAMABAD: The federal government is considering taking benefit of the decline in global oil prices by purchasing the oil in advance and...
Airlines say massive job cuts are inevitable after bailout money dries up
NEW YORK: US airline workers have been largely spared from the carnage that's pushed the country's unemployment to record highs since the start...
Bears rule PSX last week, KSE-100 sheds 844 points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed overall bearish trend last week as KSE-100 index shed a total of 844 points (-2.47...
Zhejiang Export Commodity online fair will promote Pak-China trade
BEIJING: The five-day "Zhejiang Export Commodity Online Fair 2020’ that will be held from May12-16 will promote Pakistan’s hardware and electromechanical products, said...
PSX executes best risk management practices, says MD
ISLAMABAD: Pakistan Stock Exchange Managing Director and Chief Executive Officer (CEO) Farrukh H Khan has said the exchange had implemented best risk management...
Centre fails to pay KP Rs70m for Machai electricity
PESHAWAR: Despite completion of 2.6megawatt Machai Hydel Power Project (MHPP) three and half years ago, the Khyber Pakhtunkhwa (KP) government has provided...
Demurrage: Importers stress action against companies violating PM’s orders
The commercial and industrial importers have asked the Prime Minister to take action against those companies, who have continuously been violating the...
Mazda Motor seeks $2.8bn in loans to ride out pandemic
TOKYO: Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan’s three megabanks and other lenders to ride...
ECC, cabinet decisions led to hike in sugar prices: Abbasi
ISLAMABAD: Former prime minister Shahid Khaqan Abbasi on Saturday said that the decisions taken by the Economic Coordination Committee (ECC) and federal cabinet...
‘NCC-approved business activities to begin from Monday’
Sindh info minister says decision may be reversed in light of developing situation
Refineries seek bailout package as coronavirus disrupts demand
ISLAMABAD: Oil refineries have asked the government to announce a bailout package for them since the country's oil and gas sector was...
Railways reduces cargo fares for commodities by 10pc
LAHORE: Pakistan Railways (PR) has decided to reduce the fare for transporting coal, fertiliser, electricity, cement and other commodities by 10pc, said...