MoIT to sign MoU with China for cooperation in ICT field
The Ministry of Information Technology and Telecommunication (MoIT) will sign a memorandum of understanding (MoU) with China for cooperation in the Information...
SBP extends relief package to borrower availing loans under refinance schemes
KARACHI: The State Bank of Pakistan extended its relief package to borrowers availing loans under six refinance schemes, according to a statement...
PTC’ parent organisation developing Covid-19 vaccine through tobacco plants
ISLAMABAD: The Pakistan Tobacco Company (PTC)’ parent organisation- British American Tobacco (BAT)- is in the process of preparing potential COVID-19 Vaccine through...
Steel sector ignored in PM’s ‘special package’ for construction industry
ISLAMABAD: While announcing a “special package” for the construction industry on Friday, Prime Minister Imran Khan completely ignored the steel sector, which...
‘Economic stimulus’: PM gives major tax relief to construction sector
–Govt grants construction sector status of industry, won’t ask them about ‘source of income’ this year
–Imran says govt has to strike a...
Major oil refiners shut down as coronavirus destroys demand
ISLAMABAD: A number of refineries in the country are either curtailing operations or shutting down entirely as oil demand declines in the...
ICT allows mobile banking merchants to operate for another five days
ISLAMABAD: In a bid to facilitate the general public, particularly those who remit money to their native areas after receiving salaries, the...
Profit E-Magazine Issue 88
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PM’s support package for construction industry receives mixed response
LAHORE: The relief package announced by Prime Minister Imran Khan for the construction sector has received a mixed response from industrialists and...
World stocks edge lower on economic toll from virus; oil rallies
NEW YORK: Global stock markets sank Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth,...
Cement consumption falls 16.7pc in March
ISLAMABAD: As coronavirus outbreak is starting to take its toll on various sectors of the economy, the domestic consumption of cement has...
Govt striving to resolve liquidity issues faced by industrial sector: Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce and Textile Abdul Razak Dawood said on Friday that the government has offered up to...
Grounded planes insured for more than $160bn: report
LONDON: Aeroplanes with a total insured value of more than $160 billion are grounded around the world, presenting risks for insurers, a...
FBR directs field officers to expedite ST refund process
ISLAMABAD: The Federal Board of Revenue (FBR) has directed all its field chief commissioners to process sales tax refund claims on an...
With over a million coronavirus cases, economic freefall looms
BEIJING/NEW YORK: Global cases of the new coronavirus have shot past 1 million with more than 53,000 fatalities, a Reuters tally showed...