PSMA demands opening of industries on alternate days
LAHORE: Pakistan Soap Manufacturers Association (PSMA) has demanded the government to open on alternate days all industries involved in the manufacturing of...
PM’s aide calls for concerted efforts to achieve macroeconomic goals
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday emphasised upon the need for better coordination...
Bulls continue impressive run, index gains 952 points
After crashing by 23pc in March, KSE-100 posts 16pc recovery in April
Nestlé Pakistan profit plunges 14.75pc in 1Q2020
LAHORE: The Board of Directors of Nestlé Pakistan Limited (Nestlé) met on Thursday to review the company's performance and announce its financial results...
Banks to remain closed tomorrow
KARACHI: The State Bank of Pakistan (SBP) and all banks will remain closed on Friday(tomorrow) on the occasion of “Labour Day” as...
Pakistan, Norway agree to work closely on debt relief initiative
Pakistan and Norway have agreed to work closely on the debt relief initiative. The agreement was made during a telephonic conversation between...
Shell cuts dividend for first time since 1940s as oil demand collapses
Royal Dutch Shell cut its dividend for the first time in 80 years and suspended the next tranche of its share buyback...
Philip Morris factory becomes operational in Sahiwal
The Philip Morris (Pakistan) Limited (PMPK) became operational from April 29 (Wednesday ) in Sahiwal, informed the company in a statement to...
Oil extends rally as coronavirus worries ease
Oil prices extended a rally Thursday after data showed US crude stockpiles rose less than expected and on signs that falling production...
Half of world’s workers risk losing livelihoods in pandemic: ILO
UNITED NATIONS: Nearly half the global workforce – 1.6 billion people – are in “immediate danger of having their livelihoods destroyed” by...
28 Pakistani enterprises participate in cloud exhibition in China
BEIJING: As many as 28 Pakistani enterprises have been invited to participate in the Shandong Export Commodities (Pakistan) Cloud Exhibition launched in...
US Federal Reserve warns coronavirus poses considerable risks
The Federal Reserve said Wednesday the coronavirus pandemic has already caused “tremendous” health and economic hardship, and warned the damage to the...
SECP directs insurers to extend coverage of motor insurance policies
In the wake of the coronavirus outbreak, the Securities and Exchange Commission of Pakistan (SECP) has directed non-life insurance companies to grant...
Inefficient, corruption-tainted officers face compulsory retirement
ISLAMABAD: The federal government has decided to forcefully retire civil servants whose performance is not satisfactory, are corrupt and have entered into plea...
PM Imran, Bill Gates discuss COVID-19 response, polio eradication
ISLAMABAD: Prime Minister Imran Khan spoke to Bill & Melinda Gates Foundation Co-chair Bill Gates on Wednesday to discuss the latest developments surrounding...