Garment exporter Bangladesh faces $6b hit as world retailers cancel orders
DHAKA: Bangladesh, the second-largest apparel producer after China, is set to lose roughly $6 billion in export revenue this financial year amid...
Pakistan to reduce LNG import from Qatar amid decline in consumption
ISLAMABAD: The government has decided to reduce the monthly import of Liquefied Natural Gas (LNG) from Qatar due to a significant decline...
FBR asked to expedite refund process to facilitate businessmen
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh Wednesday directed the Federal Board of Revenue (FBR)...
Govt projects 5.1pc economic growth in next three years
Defence spending to be increased ‘in light of the geopolitical situation’
ICCI calls for ‘comprehensive strategy’ to plug losses caused by COVID-19
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Ahmed Waheed has stressed the need to evolve a comprehensive strategy so...
SBP launches online game to promote financial literacy
KARACHI: The National Financial Literacy Program for Youth (NFLP-Y), which is run jointly by the State Bank of Pakistan (SBP) and the...
‘False implication cannot be ruled out’: SHC grants bail to LNG magnate
KARACHI: The Sindh High Court (SHC) has granted post-arrest bail to leading businessman Iqbal Z Ahmed for lack of evidence brought on record...
COVID-19: Finance ministry waives conditions to release development funds
ISLAMABAD: The Ministry of Finance has waived conditions pertaining to the release of development funds for the last quarter (April-June) of the...
Auto industry races to make ventilators during virus crisis
The automotive industry is offering its expertise and manpower to the hospital sector as it gears up to build mechanical ventilators during...
‘World economy could contract by 11pc in first-half 2020’
DUBAI: Blackrock’s Managing Director Amer Bisat said on Wednesday that the world economy could contract by 11pc in the first half of...
Eating in the coronavirus era: global food security in question
Disruptions to the markets for agricultural products, lack of arms in the fields, poor protection of food workers against the coronavirus: in...
Govt committed to implementing export-driven growth strategy: Dawood
LAHORE: The federal government is committed to mitigating the challenges being faced by the country and in this regard would soon implement...
PM urged to allow chemical industry to operate for workers’ survival
LAHORE: The Pakistan Chemical Manufacturers Association (PCMA) has urged Prime Minister Imran Khan to immediately allow the industry to resume work during...
Stocks add 273 points in volatile trade
KARACHI: Bulls emerged as winner of what was a volatile session at the Pakistan Stock Exchange on Wednesday, with the indices recovering...
Inflation drops to seven-month low in March
CPI inflation further slows from 12.4pc in Feb to 10.24pc in March