Business

Moscow, Riyadh, others need to agree baseline for new output cuts

Global trade to fall 13-32% amid uncertain impact of health crisis

Advanced services in AJK, G-B will help people work from home, give govt billions of rupees in revenue

Lament Sindh govt taking decisions without seeking input of industrial, trade community

Advisory firm says receipts will be around Rs4tr due to closure of trade, industry

Pakistan remains in abiding solidarity with the people of Afghanistan, says FO spokesperson

Benchmark index decreases 0.83% to settle at 30,971.27

Uncertainty about the crisis and damage it will inflict on global economy keeps traders on edge

Support comes on hopes of output cuts to shore up prices that have collapsed

Plan to remove him from post of central bank BoD chairman proposed

IT Division says appointment process suspended after receipt of complaints

Closes at Rs167.9 in inter-bank market against the greenback

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) welcome the decision

Situation emerges after utility suspended physical meter reading

FCCI asks govt to finalise SOP for restart of businesses after 14th

These include optic fibre link between Karachi and Gwadar

Wholesale, retail trade expected to lay off highest number of vulnerable employees

Government adds nearly Rs6tr in one year and situation is likely to worsen

Some 1.25 billion workers are seeing their livelihoods threatened by the COVID-19 pandemic

Benchmark index increases 2.13% to settle at 31,231.55

Markets, however, lack momentum as economic crash on a scale not seen for generations looms large

Main oil producers expected to agree on output cut of 10m bpd on Thursday

The Oil and Gas Regulatory Authority has set new prices at $9.5834 per mmbtu for the consumers of SNGPL

Official says construction industry cannot move forward without steel

The CNG sector can only survive if the government allocates Rs100,000 monthly grant to every filling station

COVID-19 has multiplied problems for manufacturers

Collapse of business activity will continue to weigh heavily on oil prices for many months

Decline led by selling of debt and equities; reserves likely to fall further

Lender says its priority has shifted to approval of $1.4b rapid financing facility

Medical centres will get financing against existing equipment

PM Imran Khan has announced historic relief package for construction sector to spur activity

OPEC+ is working on a deal to cut production by about 10% of world supply

Benchmark KSE-100 index decreases 3.3% to settle at 30,579.15

Upbeat news about infections lifts markets that shrug off data showing massive drop in US jobs

Cabinet prematurely terminates two-year contract of Chairman Shabbar Zaidi

Firdous Shamim Naqvi insists focus should be on creating jobs for people

Subsidy can be provided to poor consumers by waiving, reducing taxes

Any increase in earnings uncertain as exporters face problems in shipments

Pakistan seeks $3.7b from multilateral donors to offset impact of virus

No rules enacted to halt cartelisation, hoarding of essential commodities

Integrated plan by big nations for fiscal support of emerging economies missing

Airlines scale back beverage, snack services and allow flight attendants to wear gloves though they're not given...

It however cannot escape effects coronavirus has had on international shipping

SOPs for other sectors, running businesses in Ramazan to be devised as well

Request mechanism for providing relief to perturbed industrialists

“Carrying out the shutting down of a blast furnace is expensive,” the analysts wrote

Delay comes amid pressure from US to urgently stabilise global oil markets

Investors cheer measures announced by government to mitigate risk to economy from COVID-19

Pre-qualified bidders ask for extension in timeline in wake of coronavirus

Research house says economic activity was likely to pick up in FY20 and onwards