Business

Ministry says economy to sustain Rs2.5tr losses due to ‘severe shocks from coronavirus outbreak’

Moody's says revision in Pakistan's GDP projection reflects impact of coronavirus pandemic

Suggest increase in spending on health sector to tackle slowdown caused by COVID-19

APTMA asks govt to come up with a clear SOP for resuming industrial production and protection of jobs

Private-sector insurance firms, pension funds already investing in bourse: PSX MD Farrukh H Khan

Committee formed to finalise draft of policy within 60 days

Move mandatory for availing $500 million loan from World Bank

Package to also support other industries allied with construction sector

Decline comes due to external debt and other official payments

Benchmark index rises 4.3% to settle at 30,782.67

Rumours China will speed up its crude purchases lend further support

Traders, however, are on tenterhooks before US jobless claims data

Insists government’s responsibility is to give businessmen market access

Request aimed at facilitating masses by providing them with items of daily use

CCOE to consider cutting domestic gas production, maximising LNG consumption

Additional funds will be used to complete first phase of 2,160MW capacity

Industry experts explore the challenges to employees working remotely in Pakistan

Rising virus cases result in work-from-home policy

Benchmark index rises 0.94% to settle at 29,505.57

Observers forecast further turmoil as there remains a lot of uncertainty on markets

Slide in demand due to coronavirus outbreak has hammered market

The project will help lower the overall cost of energy generation in the country

Independent assessment puts national output losses in range of Rs891b to Rs1.6tr

As per the notification, the marketing/distribution margin has been set at Rs35,000 per ton

Retailers find it difficult to pay workers due to cash shortage

Cabinet Committee on Energy accepts request of power utility

Amount will be largely spent on paying staff salaries and pension

Fresh lending of $200m from World Bank likely to be approved on Thursday

Nine-month shortfall jumps to record Rs693 billion against original target

MOL, OGDC also curtail oil, gas production due to lower demand from refineries

Benchmark index rises 4.31% to close at 29,231.63

Markets have rallied since the start of last week but remain down more than 20% for the quarter

Lockdowns in European countries stop stock market listings in March

Handout says govt will provide Rs146b for emergency relief fund

FCCI will launch a programme to provide ration to the unemployed daily-wage earner

Decides that all associates of group shall be paid normally

Despite spending billions to prop up economies, scaling back of state projects blunting impact

PBC sends letter to PM aide with proposed relief plan

It will mean approaching multilateral donors to borrow Rs150 billion

Benchmark index decreases 0.31% to settle at 28,023.39

It comes as foreign investors pull out $2b from Pakistan’s debt market

Cabinet expected to take up matter in meeting today

Decision taken to reduce glut, create space for locally produced crude

Returns health-sector scheme after provinces refused to share cost

Pandemic will lead to leaner, stronger oil industry but raise risk of shortages

Refiners across the world have been forced to halt operations because of steep falls in demand

Analysts say it is becoming unprofitable for many oil firms to remain active

Country director says ADB recognises the extraordinary burden of this pandemic on Pakistan

Pakistan has never developed its manufacturing sector to sustain itself

PTA has so far permitted 24 companies to assemble handsets in Pakistan