The global economy just got a $1 trillion infusion from Japan
HONG KONG: Japan is committing nearly $1 trillion to try to protect its economy from the fallout from the coronavirus pandemic.
Japanese Prime Minister Shinzo Abe on...
Tractor industry faces closure amid lockdowns; PM’s intervention sought
ISLAMABAD: The tractor industry has urged Prime Minister Imran Khan to take notice of imminent collapse of tractor manufacturers as the entire...
Tareen alleges foul play as sugar probe exposes fissures within PTI
Tareen denies he was chairman of any task force
Fertiliser demand likely to drop by 10pc in 2020
Inventory levels expected to further rise to 750,000 tonnes this month
Services trade deficit narrows 10pc in eight months
ISLAMABAD: The country's services trade deficit witnessed a reduction of 10.16pc during the first eight months (July-Feb) of the current financial year...
Covid-19: Nations flood economies with aid; airlines fly into storm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Monday related...
Imran reshuffles cabinet after damning report on sugar crisis
–Khusro Bakhtiar made economic affairs minister, Fakhar Imam to take charge of food security
–Hammad Azhar appointed industries minister, Khalid Maqbool’s resignation accepted
–Shahbaz...
PPA raises concerns over decline in chicken consumption, prices
LAHORE: Pakistan Poultry Association (PPA) Chairman North region Ch Fargham on Monday said the consumption of chicken had plummeted and prices had...
Textile millers seek withdrawal of ad-hoc SNGPL bills
LAHORE: All Pakistan Textile Mills Association (APTMA) Punjab Chairman Adil Bashir has urged the government to withdraw the ad-hoc bills of Sui...
IMF encouraged by recovery in China, but pandemic could resurge
WASHINGTON: The International Monetary Fund cited limited but encouraging signs of recovery in China, the first country to suffer the full force...
GSK to partner with Vir for potential Covid-19 treatments, invest $250m
British drugmaker GlaxoSmithKline Plc will invest $250 million in Vir Biotechnology Inc and collaborate to develop potential treatments for COVID-19, the disease...
Meltdown on PSX; index plunges over 1,000 points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile start to the week, as the benchmark KSE-100 Index failed to sustain gains...
Japan offers assistance, expertise to Pakistan
ISLAMABAD: Ambassador of Japan, Kuninori Matsuda said Monday that the Japanese government was ready to provide its expertise and any sort of...
ADB promotes innovation, efficiency to bolster anti-corruption efforts
ISLAMABAD: The Asian Development Bank (ADB) is promoting innovation and efficiency to enhance its anti-corruption efforts by streamlining case management and expediting...
Govt notifies Nausheen Amjad as new FBR chief
ISLAMABAD: Prime Minister Imran Khan on Monday appointed Nausheen Javaid Amjad, a senior officer of Inland Revenue Service (IRS), as the chairperson of...