Govts, central banks must boost efforts to help economies cope with crisis: BIS head
LONDON: Governments and central banks need to step up efforts urgently to support their economies in the face of the coronavirus crisis,...
Geological Survey seeks Rs519m for Balochistan, KP projects
ISLAMABAD: The Geological Survey of Pakistan (GSP) has sought Rs519.057 million to execute four projects- three in Balochistan- under the Public Sector...
World’s largest glove maker sees shortage as coronavirus fight spikes
KUALA LUMPUR: Malaysia’s Top Glove Corporation Bhd, which makes one in every five gloves globally, expects a product shortage as demand from...
PPA fears poultry sector crisis amid major dip in demand
ISLAMABAD: Pakistan Poultry Association Spokesman Khalil Sattar has expressed serious concerns over an imminent possible cut in the supply of chicken and...
Govt urged to ensure smooth supply of medicines
Pharma Bureau says distributors are not being allowed to move freely despite exemption from lockdowns
Govt likely to earmark Rs270bn in subsidies for FY21
ISLAMABAD: The federal government is likely to earmark Rs270 billion under the head of 'subsidies' for the next fiscal year (FY2020-21), Pakistan Today...
Pnjab govt announces Rs18bn tax waiver, Rs10bn relief package
Doctors and paramedics to get additional month’s salary over anti-corona efforts
SBP reduces cheque clearing time in wake of virus outbreak
KARACHI: The State Bank of Pakistan (SBP) has significantly reduced the time it takes to clear a cheque, according to a circular...
IMF chief: ‘Clear we have entered recession’
The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief...
ICCI calls for ‘urgent remedial measures’ to stabilise exchange rate
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Ahmed Waheed has urged the government to strengthen the exchange rates in...
COVID-19: CNG owners fear closures, demand ‘special relief package’
PESHAWAR: Owners and dealers of Compressed Natural Gas (CNG) have demanded the government to announce a 'special financial relief package' for the...
Sufficient stocks of food items available, says USC MD
ISLAMABAD: Utility Stores Corporation (USC) Managing Director Umar Lodhi said on Saturday that all utility store outlets were opened across the country...
Google-parent Alphabet to donate $800m in response to corona crisis
Alphabet Inc will donate more than $800 million (645 million pounds) in funds towards producing medical supplies used to fight COVID-19, and...
China’s booming mask producers are ‘printing money’
BEIJING: As the coronavirus pandemic that originated in Wuhan went global, thousands of factories in China nimbly turned to a new and...
Russia calls for new enlarged OPEC deal to tackle oil demand collapse
MOSCOW: A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of Russia’s...