Indus Motor, Pak Suzuki, Yamaha plants closed in Sindh
Following the decision of the Sindh government to impose lockdown in the province due to the coronavirus outbreak , three auto industry...
COVID-19: Govt to announce economic relief package today
Minister for Economic Affairs Hammad Azhar has said economic relief and stimulus package in wake of the coronavirus (covid-19) outbreak will be...
COVID-19 outbreak: Govt likely to announce Rs1.1tr relief package
ISLAMABAD: The federal government, as part of its rescue-cum-economic stimulus package, would soon announce an income support programme as well as relief in...
Capital market will remain operational today, SECP announces
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) on Monday announced that all Capital Market entities would be operational on Tuesday...
IMF sees pandemic causing global recession in 2020; recovery in 2021
WASHINGTON: The coronavirus pandemic will cause a global recession in 2020 that could be worse than that seen during the global financial...
Global stocks fall again despite virus rescue efforts
Financial markets in Europe and the US continued to fall on Monday despite fresh action by the Federal Reserve to support the...
All bank branches, ATMs to remain open: SBP
KARACHI: The State Bank of Pakistan (SBP) has said that all bank branches and workplaces will remain open from March 24, according...
Monday: Big layoffs, bigger hirings, massive markets swings
The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy.
Following...
PM’s demand for ‘debt cancellation’ by IFIs lauded
Pakistan Industrial and Traders Associations Front (PIAF) has supported Prime Minister Imran Khan’s call on the international finance institutions (IFIs) to write...
Banknotes carry no particular coronavirus risk, German disease expert says
BERLIN: Handling banknotes doesn’t pose a particular risk of contracting coronavirus, says the head of Germany’s Robert Koch Institute (RKI) for infectious...
SECP relaxes regulatory deadlines amid virus outbreak
ISLAMABAD: To facilitate companies and businesses in dealing with the ongoing COVID-9 pandemic crisis in the country, the Securities and Exchange Commission...
‘Govt exercising three-pronged strategy to contain coronavirus’
Hafeez Shaikh says govt is ensuring the provision of food and healthcare at affordable rates, besides assisting business community to run their businesses
Railways suffers Rs410m loss in train accidents
ISLAMABAD: The Pakistan Railways faced around Rs 410 million losses in result of train accidents on the entire railways network across the...
PIDE calls for formulation of ‘cost-effective quarantine policy’
LAHORE: The Pakistan Institute of Development Economics (PIDE) said on Monday that it is imperative for the government to immediately develop 'a...
COVID-19: Govt urged to waive electricity, gas bills for three months
LCCI president suggests govt to use marriage halls as quarantine centres amid shortage of healthcare facilities