SECP asks companies to divert CSR activities to COVID-19 prevention
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Friday advised all companies to divert their Corporate Social Responsibility (CSR) activities...
Steel industry demands ‘one-year package’ to overcome corona crisis
'The country's interest rate should be reduced to 5pc, and all principal payments for short and long-term loans should be deferred for one year'
Saudi Arabia announces emergency stimulus, expects wider deficit
RIYADH/DUBAI: Saudi Arabia announced emergency stimulus measures on Friday that took its support for the economy to more than $32 billion as it...
‘Govt to clear GST refunds within March, grant export rebates in April’
Hafeez Shaikh advises exporters to take care of their workers ‘just how govt is taking care of them’
Bulls return to bourse, lift KSE-100 by 537 points
KARACHI: Stocks staged a handsome recovery after a volatile session on Friday, as the indices oscillated in both directions before closing with...
PTCL, Ufone announce closure of sales & service centres till 31st
PTCL and Ufone have announced the closure of their sales & service centres and joint shops across Pakistan till March 31, 2020,...
World’s top debt funds lose billions in coronavirus rout
NEW YORK/LONDON: Coronavirus has hit the world’s biggest debt funds, which have lost billions of dollars in value, Morningstar data shows, while one...
Rice exports grow 11pc in eight months
ISLAMABAD: Rice exports from the country during the first eight months of the current financial year increased by 11.09pc as compared to the...
Lt Gen (Retd) Tariq Nadeem resigns from FCCL chairmanship
The Fauji Cement Company Limited (FCCL) has announced that Lt Gen (Retd) Syed Tariq Nadeem Gilani has resigned from his position as...
Atif Bajwa resigns from Packages Board
Atif Bajwa has resigned from the Board of Directors of Packages Limited with effect from March 14, said the company in a...
Companies hit pause button as coronavirus infects economy
Layoffs, cutting costs and halting dividends… companies are scrambling to adapt as the coronavirus emergency hits demand while the draconian measures taken...
Tax deferrals, interest rate cut proposed as govt mulls emergency bailout
ISLAMABAD: The Prime Minister Imran Khan-led government of the Pakistan Tehreek-e-Insaf (PTI) is mulling an “economic emergency bailout package” to help people...
US announces $1m aid for Pakistan to combat coronavirus
US Principal Deputy Assistant Secretary of State for South and Central Asian Affairs, Alice Wells has said that the United States will...
Tariq Nadeem ceases to be chairman of FFC
The Fauji Fertilizer Company Limited (FFC) has announced that Lt Gen (r) Syed Tariq Nadeem Gilani has ceased to be the chairman...
PM Imran allows trade with Afghanistan despite COVID-19 pandemic
In a surprise move, Prime Minister Imran Khan on Friday allowed trade with Afghanistan despite coronavirus pandemic in the country.
In a tweet...