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Pakistan's sugar fiasco and the way forward
It is not in national interest to damage sugar industry through rash steps
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IT leapfrogging during COVID-19 isolation in Pakistan
Skilled labour can not only be real Relief Tigers but also modernisation drivers
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IMF to consider $1.4 billion Pakistan grant on April 16
Loan will be given to extend budgetary support to the country in the wake of economic slowdown
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Pakistan gets more time to submit report to FATF
Watchdog gives relief to Islamabad because of COVID-19 pandemic
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Report detects flaws in Pakistan’s border control regime
Inquiry reveals empty trucks returning from Afghanistan are not electronically registered
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Pakistan may fall into a recession due to COVID-19: World Bank
World Bank report estimates the country’s GDP to contract up to 2.2%
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US Fed policymakers working to limit damage to economy
Officials are doing what they can to support affected businesses, consumers
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Economists upbeat on virus recovery
Others compare it to natural disaster, ‘worst crisis’ since Great Depression
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Weekly review: Bulls maintain control as KSE-100 rises 1.3%
Multiple international, local developments help benchmark index post gains
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IMF creates advisory panel on pandemic
Group will provide input on policy challenges including economic impact of coronavirus
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World Bank’s Malpass upbeat on progress on debt relief
Proposal to be discussed next week by officials of G7 and G20 economies
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Despite US efforts: G20 ministers struggle to finalise oil output cuts
Standoff with Mexico casts doubt on efforts to bolster oil prices
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Bank deposits soar to record high in past six months
Increase comes on back of high govt borrowing, sluggish spending by businesses
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LPG distributors withdraw strike call
Move comes after successful negotiations with government
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POL products Byco resumes production due to improved demand
The Ministry of Energy had issued an order to all oil marketing companies to stop all import of petroleum products
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FBR unveils system to collect taxes from services sector
Decision aimed at widening tax net, decreasing tax evasion
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Car sales fall 47% during July-March FY20
Fall comes as automobile plants close down due to coronavirus
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World Bank stresses structural reforms for social sector
Country director says they are working with federal and provincial govts
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Remittances soar 9.3% to $1.89b in March
Experts say beginning of Ramazan may improve inflows
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SBP proposes changes in law to relinquish growth responsibility
Seeks to do away with responsibility of controlling inflation, supporting growth
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SBP introduces scheme for businesses to save jobs
It'll cover all types of employees including permanent, daily wagers as well as outsourced workers, says central bank
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Govt seeks to lower IPPs’ capacity charges
Finance Division told to prepare plan for extending tenure of their loans
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Market watch: Bulls hold ground as KSE-100 crosses 32,000 mark
Benchmark index increases 195.91 points to settle at 32,033.21
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Asian markets rise after Fed stimulus boosts Wall Street
US Federal Reserve to pump $2.3tr through new lending programmes
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G20 ministers talk amid impasse over oil output deal
Meeting is expected to seal the deal more widely with non-OPEC countries in the group
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COVID-19 lockdown sparks harvest crises in Pakistan, India
Experts believe that the phenomenon will have cascading effects on the region’s food security
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3rd CIIE to showcase more healthcare products, services
More than 1,000 exhibitors worldwide sign up for the expo
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IMF projects negative per capita income growth in over 170 countries in 2020
We anticipate the worst economic fallout since the Great Depression says IMF managing director
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Cellular calls decline 10% amid lockdown
Use of broadband internet, however, jumps 15%
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Small businesses insist on reopening shops
Urge govt to devise way out of current situation
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Rupee recovers 71 paisas in inter-bank market
Country makes international payments while significant inflows are in offing
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PM Office calls for taking charge from SNGPL MD
Raises observations over potential candidates for post of managing director
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Riyadh, Moscow move closer to record oil cut deal
Move aimed at lending support to prices hammered by coronavirus crisis
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ECC approves Rs100b borrowing from banks
Aims to offset impact of deferring hike in power tariffs for six months
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Govt plans to hand over coal pricing to OGRA
To revisit imported coal supply agreements in bid to cut prices
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Govt to reopen low-risk industries across the country
Parliamentary body told impact of pandemic greater crisis than disease itself
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Market watch: Bourse turns bullish, climbs 866 points
Benchmark index increases 2.8% to settle at 31,837.30
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Oil rises as top producers move towards deal
OPEC+ will meet later in the day with expectations growing it will agree to reduce output
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Pandemic will unleash worst recession since Great Depression: IMF
Says over 170 countries will experience negative per capita income growth this year
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Asian, European stocks rise as dealers eye virus peak
Slowing rate of new corona infections is providing much-needed buoyancy to equities
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Foreign exchange: SBP reserves fall $463m to $10.7b
Decline comes due to external debt repayments of $465 million
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Saudi, Russia to lead oil output talks as US resists cut
As the spread of COVID-19 slashed fuel demand sending crude prices below the cost of production
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Indian court order for free coronavirus testing may hinder fight, say business leaders, health experts
As private medical firms struggle, can go under if they tested for free without financial assistance
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Power consumers to share burden of exchange rate losses
Govt okays increase in power tariffs to protect foreign investors
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EU ministers fail to agree economic rescue
Italy, Netherlands lock horns in 16 hours of talks; negotiations to resume on Thursday
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Small, medium units on brink of default
ICCI demands bailout package for virus-hit SMEs
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Virus fears: Asian markets mostly down after two-day rally
France’s economy suffered its worst contraction during the first three months of this year since World War II
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Biggest oil producers still at odds before talks
Moscow, Riyadh, others need to agree baseline for new output cuts
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WTO sees trade plunge worse than financial crisis
Global trade to fall 13-32% amid uncertain impact of health crisis
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Mobile operators want to expand internet services
Advanced services in AJK, G-B will help people work from home, give govt billions of rupees in revenue