WB says Pakistan’s GDP to shrink by 1.3pc
ISLAMABAD: The Gross Domestic Product (GDP) of Pakistan will contract by 1.3 per cent in financial year 2020 due to a sluggish domestic...
SMEs urge govt to relax industries implementing social distancing protocols
KARACHI: The Union of Small and Medium Enterprises (UNISAME) has appreciated the timely positive steps of the State Bank of Pakistan (SBP),...
‘Covid-19 stimulus package’: Finance adviser briefs PM on progress
ISLAMABAD: Adviser to Prime Minister on Finance Abdul Hafeez Shaikh called on Prime Minister Imran Khan on Sunday and briefed him about...
HBL, Serena pledge 30,000 meals for frontline medical professionals
ISLAMABAD: The Habib Bank Limited and Serena Hotels have joined hands to provide 30,000 meal-boxes over a period of one month to...
IPPAC refutes allegations of ‘foul play in power sector losses’
The Independent Power Producers Advisory Council (IPPAC) has categorically rejected the allegations being attributed in recent media reports on the Inquiry Committee’s...
Data of 115m Pakistani mobile users put up for sale on dark web
A Pakistani cybersecurity company has come across a data dump containing information of 115 million Pakistani mobile phone users currently up for...
Govt committed to safeguarding businesses during pandemic: Shehzad Akbar
ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Accountability and Interior Shehzad Akbar on Saturday while lauding the business community’s role in philanthropic...
UAE says OPEC+ output cut decision will have a major impact
CAIRO: United Arab Emirates’ energy minister Suhail Al Mazrouei said on Saturday that an OPEC+ decision to cut oil supply will have...
Siemens CEO rules out job cuts from coronavirus impact
ZURICH: Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said,...
Singapore stops teachers using Zoom app after ‘very serious incidents’
SINGAPORE: Singapore has suspended the use of video-conferencing tool Zoom by teachers after “very serious incidents” in the first week of a...
Petro Division assures SOPs after official tests positive for COVID-19
The Petroleum Division confirmed on Saturday that one officer of the Ministry of Energy has been tested positive for the novel coronavirus.
The...
SBP’s initiatives to help keep businesses afloat: PM
Prime Minister Imran Khan has said that the incentives announced by the State Bank of Pakistan for businesses are part of the...
Can the monetary system ever say Bella Ciao?
Is Dali's mask the only difference between central bankers and Money Heist members?
Pakistan receives first ADB-funded consignment to combat COVID-19
Pakistan on Saturday received the first Asian Development Bank (ADB)-funded emergency medical equipment and supplies to combat novel coronavirus (COVID-19).
“The first consignment...
Plastic imports decline 7.9pc in eight months
ISLAMABAD: The import of plastic material into the country witnessed a decline of 7.94pc during the first eight months of the current...