IMC announces ‘support package’ for dealers, vendors
ISLAMABAD: At a time when nationwide lockdown has disrupted the entire auto chain of Pakistan, Indus Motor Company (IMC) has announced a...
Govt announces to exit lockdown from Saturday
ISLAMABAD: The government has decided to gradually lift the lockdown restrictions, imposed to contain the impact of coronavirus, from May 9 (Saturday), announced...
Global luxury goods sales to slide up to 35pc: study
SOAVE, Italy: The global luxury goods sector is heading for a stunning collapse of up to 35 per cent this year due...
Govt forms special committee to streamline dairy sector
ISLAMABAD: The federal government on Thursday formed a special committee to ascertain the profit and loss situation in the country's dairy sector.
According...
Oil jumps on China export bounce but long-term outlook remains weak
LONDON: Oil prices jumped on Thursday on news that China’s exports unexpectedly rose last month, and on the back of US output...
Stocks succumb to selling pressure, index sheds 424 points
KARACHI: The Pakistan Stock Exchange (PSX) succumbed to selling pressure on Thursday, with the benchmark KSE-100 Index, despite recovering losses accumulated in...
Sindh govt urged to reopen textile value chain
KARACHI: All Pakistan Textile Mills Association (APTMA)-Sindh/Balochistan Chairman Zahid Mazhar has demanded the Sindh government to immediately allow the entire textile value...
Govt launches ‘secured transactions registry’ to facilitate financial institutions
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday formally launched the Secured Transactions Registry (STR)...
Amin Rajput appointed SSGCL acting MD
Amin Rajput has been appointed acting managing director of Sui Southern Gas Company Limited (SSGCL) with effect from May 5, informed the...
Sharjah-based Air Arabia opens return ticket bookings to Pakistan, India
The airline has opened bookings for regular return flights to Mumbai, Delhi, Trivandrum, Karachi, Peshawar, Dhaka, Colombo, among other cities.
Indian, Pakistani in Facebook’s board that can overrule Zuckerberg
Facebook announced a group of 20 members, including four co-chairs who helped select the others. The board, which is expected to start...
Turkey offers support to Pakistan to tackle locust crisis
Turkey has offered to extend support and cooperation in elimination of locusts in Pakistan.
A C-130 plane of Pakistan Air Force has already...
Asian equities turn negative as virus economic reality bites
Asian markets dropped Thursday as the economic reality of the coronavirus crisis became even starker, and China-US relations soured, overshadowing recent optimism...
Shazad Dada appointed UBL President, CEO
KARACHI: Shazad G Dada has been appointed as President and Chief Executive Officer (CEO)of United Bank limited with effect from July 1,...
UK’s construction sector hits record low in April due to pandemic
LONDON: Britain's construction sector suffered a record drop in activity during April as the coronavirus pandemic shut sites, data showed Wednesday alongside...