Pandemic to bring Asia’s 2020 growth to halt for first time in 60 years: IMF
TOKYO: Asia's economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis...
Govt urged to restore description of greenfield industry
LAHORE: The manufacturing sectors of the country have urged the government to restore the description of ‘greenfield industry’ as mentioned in Finance Supplementary...
Pakistan among 76 countries to get debt relief from May 1
–FM Qureshi says developing countries will get relief on both principal and interest amounts
–Relief will be given by all financial institutions, including...
Zafar Masud appointed Bank of Punjab President
Zafar Masud has joined Bank of Punjab as President and Chief Executive Office (CEO) today after he was cleared by the State...
Pakistan expected to get debt relief from May 1: FM Qureshi
Foreign Minister Shah Mahmood Qureshi has said Pakistan is expected to get debt relief from the 1st of May.
In an interview on...
Oil near 18-year lows on demand devastation warning
Oil languished at multi-year lows Thursday, with WTI crude close to its weakest level since 2002, as dire warnings about a virus-triggered...
Al-Ghazi Tractors to resume plant operations from today
Al-Ghazi Tractors Limited on Thursday announced that resumption of operations of their plant located in Dera Ghazi Khan with effect from today,...
Dow ends 1.9% lower after terrible US economic data
Wall Street stocks tumbled Wednesday following a trove of weak economic data and bank earnings reports that pointed to a severe US...
APTMA donates Rs 50m in PM’s COVID-19 Relief Fund
ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has donated Rs 50 million to the Prime Minister’s COVID-19 Relief Fund.
Representatives of APTMA...
SBP makes changes to marketing reimbursement for home remittances
KARACHI: In two circulars announced on Wednesday, the State Bank of Pakistan has made some small changes to its Incentive Scheme for...
Steel producers seek lockdown exemption to meet construction demand
ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has shown its surprise over the fact that the federal government has opted...
Provinces fail to submit wheat losses report to Centre
ISLAMABAD: The provinces have failed to submit a report to the federal government about wheat losses in the current fiscal year, it...
SBP meets EFP for suggestions on workers’ wages refinance scheme
KARACHI: State Bank of Pakistan (SBP) Governor Reza Baqir met with the directors of the Employers Federation of Pakistan (EFP) to discuss...
PM assures merit, transparency in Ehsaas programme
ISLAMABAD: Prime Minister Imran Khan said on Wednesday that the provision of funds under Ehsaas Programme is purely made on the basis of...
No Ramzan bazaars in Punjab this year
LAHORE: Punjab Chief Minister (CM) Sardar Usman Buzdar has recommended that ramzan bazaars should not be set up anywhere in the province this year...