Central bank says decision taken to reduce interest rate for second time in one month due to impacts of coronavirus
Business
Refinancing scheme is designed to incentivize struggling businesses to retain workforce during the ongoing pandemic
Currently producing 300 metric tons of LPG per day, JJVL hopes to expand it to 400 metric tons to meet growing demand
Economic Impact from COVID-19 ‘Much Worse’ than 2008 Recession: IMF Chief
by Staff Reportby Staff ReportKristalina Georgieva says global fund is urging bilateral creditors to suspend debt collections from poorest countries for at least a year
Exchange rate hits record-setting heights amid volatility emerging from coronavirus impact on economy
Central bank says decision to reduce interest rate has been taken due to uncertainty over impact of coronavirus pandemic
Pakistan’s central bank waives online banking charges to reduce need to visit ATMs, bank branches and promote social distancing
Market witnesses biggest drop since 1991 after Gulf kingdom slashes selling prices over Russia rejection of OPEC-proposed production cuts
Data shows inflation reduced to 12.4 percent last month as compared to decade-high of 14.56 in January
Pakistan’s prime minister also orders a ban on sugar exports as prices of commodity continue to soar in domestic market
Privatization minister says it hopes to sell off 33 state-owned entities within the current fiscal year
Part of ‘Engage Africa’ initiative, the conference aims at forging closer ties between Pakistan and the African continent
Data released by central bank shows massive drop in exports to India due to frosty relations
P.M. Khan assures business community PTI-led government is working to remove hurdles in their path
The project, launched under CPEC, could require up to 400,000 skilled workers in four years
Credit rating agency says outlook for 2020 is stable, but warns of considerable existing risks
Under China-Pakistan Free Trade Agreement, Islamabad can now export 1,047 products to Beijing with zero duties
Year-on-year, deficit shows a reduction of 73 percent, going from $1,166 million in 2018 to $319 million now
Automotive manufacturers body says all major companies have suffered massive losses to unit sales
Data released by Pakistan Bureau of Statistics shows 12.7 percent year-on-year rise, with bulk of it linked to higher prices of food