SMEDA aims to activate fruit dehydration unit in Swat this year
The Small and Medium Enterprises Development Authority (SMEDA) will make the Fruits Dehydration Unit in Swat operational by mid of this year.
This...
ECC approves Rs4.1bn grant to boost FBR’s capacity
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved a technical supplementary grant of Rs4,152 million for the Federal...
ADB to provide $50m to strengthen Pakistan’s COVID-19 preparedness
The Asian Development Bank has agreed to provide $ 50 million to Pakistan to procure essential medical equipment for early detection, emergency...
Japan’s Fujifilm shares surge 15pc after its anti-Covid 19 drug trial
TOKYO: Shares in Japan’s Fujifilm Holdings Corp (4901.T) surged 15 percent on Wednesday morning after a Chinese official said the company’s Avigan...
Oil price hits four-year low, touches $26.20
Oil prices steadied on Wednesday after slipping to new four-year lows, sapped by fears for fuel demand and the global economy amid...
Colgate Palmolive reappoints Iqbal Ali Lakhani Chairman, CEO
Colgate-Palmolive Pakistan has re-elected Iqbal Ali Lakhani as chairman of the company with effect from March 17, said the company in a...
Pakistan approaches WB for $200m loan to fight Covid-19
ISLAMABAD: In the wake of the rising cases of coronavirus (Covid-190), Pakistan has reportedly approached the World Bank for $200 million (Rs32...
Asian stocks open higher in choppy trade
Asian shares showed choppy movements in early trade on Wednesday following an overnight announcement from the US of a $1 trillion stimulus...
Supreme Court allows Arshad Malik to remain CEO of PIA
The Supreme Court of Pakistan on Wednesday allowed Arshad Malik to remain Chief Executive Officer(CEO) of Pakistan International Airlines, a private TV...
Covid-19 scare: Trading halted for 45 minutes at PSX as shares fall 5.16 %
Trading was halted at the Pakistan Stock Exchange on Wednesday for 45 minutes as KSE-100 index fell 1,682 points soon after trading.
KSE-100...
Rs7.6tr budget outlay set for next fiscal year 2020-21
ISLAMABAD: Overall Rs7.6 trillion federal budgetary outlay has been set for next fiscal year 2020-21 as the Prime Minister Imran Khan-led government...
PSMA delegation calls on Hafeez Shaikh
ISLAMABAD: A delegation of the Pakistan Sugar Mills Association (PSMA) led by Association Chairman Aslam Faruque met with the Adviser to the...
UK announces $400b package of govt-backed loans for business
LONDON: Britain has announced what finance minister Rishi Sunak called an “unprecedented package" of government-backed loans worth £330 billion ($400 billion, 363...
Global powers throw cash at spiraling coronavirus crisis
WASHINGTON/LONDON: The world’s richest nations prepared more costly measures on Tuesday to combat the coronavirus that has infected tens of thousands of...
Pakistan, China vow to boost development under CPEC
–President Alvi lauds China’s efforts to fight coronavirus during official visit to China
–China says Kashmir dispute should be resolved peacefully in line...