Services trade deficit shrinks 30pc in nine months
ISLAMABAD: The country's services trade deficit witnessed a reduction of 30pc during the first three quarters of the current financial year as...
Karachi traders seek clarity over lockdown situation
KARACHI: All Pakistan Organization of Small Traders and Cottage Industries (APSTCI)-Karachi President Mahmood Hamid has said that Sindh Chief Minister Syed Murad...
Fiscal deficit to surge, tax revenue to miss target this year: Hafeez Shaikh
‘Revenue has taken a hit. Exports have taken a hit. Remittances have taken a hit, and, above all, our people are suffering’
Tobacco exports surge 60pc to $28.7m
The export of tobacco from the country witnessed an increase of 60.67pc during the first three quarters of the financial year 2019-20,...
‘Uzbekistan desires utilisation of Karachi, Gwadar ports’
Uzbekistan Deputy Prime Minister Sardor Umarzakov has expressed his country's desire to utilise Karachi and Gwadar ports.
According to a statement issued by...
Govt disbursed Rs144 bln among the poor: Asad
ISLAMABAD: Federal Minister for Planning, Development, Reforms and Special Initiatives Asad Umer has said Pakistan was fully capable to manufacture ventilators in...
Pakistan, China discuss mega railway project ML-1
Chinese Ambassador Yao Jing and a delegation of China Railway group separately called on Special Assistant to the Prime Minister on Information...
Govt urged to reduce income tax by 50pc in budget
LAHORE : The country’s leading tax consultants and economic experts on Saturday urged the government to reduce income tax rate by 50 percent...
Saudi, US firms eye stakes in Reliance’s Jio
Two more firms are eyeing a share of Reliance Industries Ltd's $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them...
Coronavirus pandemic sets Japan on course for deep recession
TOKYO: Japan’s household spending plunged in March and service-sector activity shrank at a record pace in April, reinforcing expectations that the coronavirus...
Google, Facebook allow most employees work from home till year-end
Google and Facebook have decided to allow most of their workforces to stay home and work through the end of this year.
Facebook...
PSEB directed to ensure minimum impact of Covid-19 on IT industry
Federal Secretary Ministry of IT and Telecommunication Shoaib Ahmad Siddiqui has directed the management of Pakistan Software Export Board (PSEB) to ensure...
Uber loss widens to $2.9bln due to Covid-19
San Francisco: Uber said its loss widened to $2.9 billion in the first quarter as the ridesharing giant absorbed the impact of...
Horticulturists urge govt to extend date of mango exports
ISLAMABAD: As the climatic change and the coronavirus lockdown have severely affected the mango crops and it is likely to get matured after...
Historic collapse: Pandemic destroys 20.5m US jobs in April
WASHINGTON: The coronavirus lockdown wiped out 20.5 million US jobs in April, destroying nearly all the positions created in the previous decade in...