KSE-100 loses 103 points amid volatile activity
KARACHI: The Pakistan Stock Exchange (PSX) ended the last session of the week on a negative note, with the indices failing to...
‘Pakistan’s investment regime most liberal in the region’
NEW YORK: Pakistan's economy has made remarkable advances, with a liberalised investment sector and improved security environment, Consul General Ayesha Ali told...
PM Imran orders strict action against hoarders of masks
ISLAMABAD: Taking notice of hoarding of surgical masks amid panic over the coronavirus outbreak, Prime Minister Imran Khan has ordered authorities concerned to...
Hyundai Motor halts operations at plant after coronavirus case
Seoul: Hyundai Motor Co., South Korea's biggest carmaker by sales, said Friday it has halted operations at one of its domestic plants...
Flight operation between Pakistan, Saudi Arabia continuing as per schedule
ISLAMABAD: The Aviation Division has said that flight operation between Pakistan and Saudi Arabia is continuing as per schedule.
A press release issued...
Huawei plans first European 5G factory in France to ease Western concerns
PARIS: Huawei will build its first European manufacturing plant in France, the chairman said on Thursday, as the Chinese telecom giant seeks...
Coronavirus outbreak to cost world tourism $22bn
MADRID: The deadly coronavirus epidemic will cost world tourism at least $22 billion owing to a drop in spending by Chinese tourists,...
IMF, World Bank funds ready to fight virus outbreak
WASHINGTON: The International Monetary Fund and World Bank are ready to provide countries in need with immediate emergency funding to fight the...
FBR ordered to pay refund claims of exporters in 72 hours
ISLAMABAD: In a major relief for exporters, the Federal Tax Ombudsman (FTO) has ordered the Federal Board of Revenue (FBR) to pay...
Govt to announce textile policy in next two weeks
ISLAMABAD: Advisor to Prime Minister on Commerce, Textile, Industries and Production Abdul Razak Dawood has said the present government is working on...
Coronavirus: Global stock markets suffer sixth day of losses
Global investors were hit with a sixth day of stock market losses on Thursday, as traders responded to the threat of the...
Torkham containers scam: FBR asked to submit report in one month
ISLAMABAD: The parliamentary panel on Thursday directed the Federal Board of Revenue (FBR) to submit a detailed report on Torkham containers scandal...
Auto sales picking up after months of downslide, Senate panel told
ISLAMABAD: Although the auto industry had reported over 60pc decline in sales during the past few months "owing to inflation, price hikes and...
EU likely to extend Pakistan’s GSP+ status next month
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razzaq Dawood has hinted that the European Union might extend Pakistan's Generalised System of...
NA body recommends ban on cotton import
ISLAMABAD: National Assembly’s Standing Committee on National Food Security and Research on Thursday recommended to impose ban on the import of cotton...