Makhdum Khusro Bakhtyar

Int’l community’s financial support against COVID-19 crisis lauded

ISLAMABAD: Minister for Economic Affairs, Makhdum Khusro Bakhtyar has appreciated the continued support received from the international community including development partners to...

World Bank pandemic bonds will funnel $196m to 64 poor countries

LONDON: A World Bank pandemic funding programme will see $195.84 million distributed as soon as next week among 64 of the world's...
US-China

US imposes new rules on exports to China to keep them from its military

The United States said on Monday it will impose new restrictions on exports to China to keep semiconductor production equipment and other...

Flawed policies, exorbitant taxes hampering cement sector’s growth

The sector's average profitability drops 123pc in 1Q2020

Cabinet’s approval sought for appointment of new directors of public entities

ISLAMABAD: The Ministry of Energy (MoE) has sought approval of the federal cabinet against its nominated directors to fill casual vacancies in...

TRG call centre refuses closure despite three positive COVID-19 cases

LAHORE: Lahore-based Digital Globe Services (DGS) has opted not to shut its Lahore office despite at least three positive cases of COVID-19. According...

Govt to pay small businesses’ power bills for three months

ECC approves Rs75bn relief package for unemployed labourers, SMEs
World stocks

Stocks rally as govts plan to ease virus lockdowns

Stocks around the world rose Monday as governments prepare to gradually lift restrictions they imposed on businesses to slow the sweep of...

SadaPay gets in-principle approval from SBP to launch e-money institution

LAHORE: SadaPay has announced that it has been granted the in-principle approval by the State Bank of Pakistan (SBP) for an Electronic...

‘Virus lockdown’: CAP announces business closures from May 1st

LAHORE: Citing "non-availability of relief from the government", the Chainstores Association of Pakistan (CAP) has warned of permanent closure of businesses from...

General Motors suspends dividend, share buybacks as coronavirus hits sales

General Motors Co said on Monday the automaker has suspended its quarterly cash dividend on its common stock and its share buybacks...

Cabinet’s approval of key drugs pending for 14 months: DRAP

KARACHI: The federal cabinet has yet to approve the prices of essential medicines and registration of new novel molecules duly processed and...

New proposed tariff will devastate steel industry, PALSP alerts govt

ISLAMABAD: As the Ministry of Commerce (MoC) is going to introduce a “rationalisation of tariff'' for various industries, the steel industry fears...

Poultry farmers seek govt’s help amid COVID-19 crisis

LAHORE: As the country's poultry industry is on the verge of collapse due to COVID-19, poultry farmers have urged the government to...
Restaurant industry

Lockdown: Restaurant industry seeks financial support

KARACHI: Restaurant owners on Monday appealed to Prime Minister Imran Khan to give them a relief package, saying the closure of food...