Business

Finance adviser meets businessmen to seek input for economic relief package

Banks instructed to quarantine all cash being collected from hospitals, says official statement

European plane-maker joins US rival Boeing in scrapping 2019 dividend worth a total of 1.4b euros

Bill proposed $1.7tr or more in funding to cushion blow for American families, businesses

Crude market faces double shock of coronavirus pandemic and Saudi Arabia-Russia price feud

Negative mood was fuelled by failure of US lawmakers to agree on a trillion-dollar package

Stresses global recession looks increasingly likely in the first half of this year

Package aimed at offsetting impact of coronavirus outbreak

'Pakistan's aviation sector already lost more Rs10b in last three weeks due to restrictions by other countries'

Pakistan needs to accelerate efforts to produce more solar and wind energy

Focus must be on return on assets, cost and benefit analysis, IT for future projects

Regulatory regime should be introduced to ensure low gas tariffs reflect in fertiliser prices

Earlier, households earned thousands of rupees during community-based locust harvest

To stave off shortage of commodities, govt should clamp down on profiteers

Call for govt intervention to stop K-Electric from sending inflated bills

World Bank says Pakistan could not implement budget support aid for reforms in financial sector

Stocks battered as fears of impact on economy of corona pandemic intensify

Funds to provide investors opportunity to buy and sell multiple stocks in form of units

Due to legal complications, easier alternatives are being explored

Govt needs to take drastic measures to protect employment of people, safeguard industries

Official says steady growth, high employment rates mean economy should weather the shock

UN FAO economist says supply is not an issue but behavioural change over food security

Pakistan not to renegotiate $6b package – a decision that may make tax collection target unrealistic

Allows six-month extension in shipment period

Official opposes proposal to convert hotels into quarantine centres

Investors relieved by series of measures aimed at cushioning economic blow from coronavirus

It comes on back of high finance cost, lower sales

Demand reduction in minimum turnover tax for industry, retailers
to 0.25%

Finance adviser assures industrialists export rebate will be given in April

Expect the market to end calendar year at 41,000-42,000 points

Benchmark index increases 1.78% to end at 30,667.41

Drop will be much higher if the virus prompts widespread lockdowns in US

Investors take solace in blockbuster series of measures aimed at cushioning economic blow from coronavirus

Govts have pledged hundreds of billions to help virus-hit firms limp along

Attock Refinery announces closure of second unit of 5,000 bpd

1,162 wheat purchase centres established across country

Will support smallholder farmers who are most at risk of food shortage

Asian markets initially tumbled as investors contemplate months of economic hardship

Finance Division working on hedging options to take advantage of low crude prices

Estimates debt level will swell 100% to Rs47.6tr in five years

SBP instructs banks to waive all charges on fund transfers through online banking channels such as IBTF

Engineers and other staff would be quarantined for 14 days before being sent to construction sites, say officials

Decline comes due to repayments related to external debt, Hajj and other official payments

Aims to spur infrastructure investment, backed by local government special bonds

Analysts say gains are likely to be temporary due to tumbling demand, collapse of OPEC+ deal

Saudi Arabia calls for extraordinary G20 leaders' summit next week

General Motors, Fiat Chrysler and Ford will halt operations throughout North America

ECB's Pandemic Emergency Purchase Programme aims to give financial markets much-needed liquidity

As of Thursday, Sindh reports 245 COVID-19 cases, Balochistan 81, Punjab 78, K-P 23, G-B 21, Islamabad 5, AJK 1

Benchmark index decreases 0.94% to end at 30,129.83