Covid-19: British Airways expected to suspend 36,000 staff
British Airways is expected to announce it will suspend around 36,000 staff.
The airline, which grounded much of its fleet due to the...
PM orders immediate redressal of energy sector woes
ISLAMABAD: Prime Minister Imran Khan on Thursday directed the ministry concerned to accelerate reforms in the energy sector by removing all systemic hurdles...
Covid-19: Software house Netsol announces layoffs, pay cuts
NetSol Technologies, Pakistan's largest software house, has announced a 20-30pc cut in salaries across the board and has laid off several employees.
According...
‘All resources being utilised to protect economy from virus impact’
--Hafeez Shaikh says after announcing a historic package, govt now striving to ensure transparent distribution of relief money
--Says all sales tax...
SECP allows firms 30-day relaxation amid coronavirus concerns
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has announced regulatory relief for the corporate sector to dilute the impact of...
Hussain Dawood pledges Rs1bn to bolster fight against corona pandemic
Dawood Hercules group chief says ‘need of the hour is to reduce the spread and impact of the virus’
Bulls have a field day at PSX as benchmark index climbs 1,254 points
The Pakistan Stock Exchange (PSX) witnessed a continuation of bullish activity on Thursday with the benchmark KSE-100 Index gaining 1254 points— 4.25...
Export potential of Pakistani mango pulp stands at $500m in world market
LAHORE: The fruit pulp industry has urged the government to encourage the mango growers and exporters to go for conversion of mango fruit...
FFL to increase share capital to Rs10b
LAHORE : The Fauji Foods Limited (FFL) in its Annual General Meeting (AGM) held on Thursday approved the increase in the authorised capital...
FBR sanctions Rs 56b refund claims via Faster system
ISLAMABAD: The Federal Board of Revenue (FBR) has released the information about refund claims sanctioned through FASTER (Fully Automated Sales Tax e-Refund)...
ICI Pakistan temporarily closes polyester plant
In the wake of the coronavirus situation in the country, the ICI Pakistan has temporarily closed its Polyester Plant and office locations...
Global stocks suffer another rout as coronavirus crisis deepens
Global stocks experienced another rout Thursday as the human and economic toll from the coronavirus continued to rise and more governments shut...
SECP gives regulatory relief to companies in wake of coronavirus
In the wake of the coronavirus situation in the country, the Securities and Exchange Commission of Pakistan (SECP) has announced regulatory relief...
World faces food crisis in wake of coronavirus
Paris: The heads of three global agencies warned on Wednesday of the risk of a worldwide "food shortage" if authorities fail to...
Chinese firms donate 35 tonnes of medical supplies to Pakistan
BEIJING: Pakistan Ambassador to China Naghmana Alamgir Hashmi has said that the Chinese companies, foundations and individuals had donated 35 tonnes of...