The Federal Board of Revenue has made it compulsory for all registered retailers to show the price and tax of… Read More
Uber to Lay Off 3,700 Employees
Uber Technologies, Inc has announced to lay off 3,700 employees, which represents about 14% of its 26,900 workforce, as the… Read More
Banks To Get Rs. 30 Billion Credit Risk-Sharing Facility For SME Financing
Ministry of Finance and State Bank of Pakistan have introduced a risk-sharing mechanism to support bank loans for SMEs, allowing… Read More
Gilead in Talks with Companies in Pakistan for Manufacturing Remdesivir
Gilead Sciences Inc. is in talks with Pakistani pharmaceutical manufacturers to supply remdesivir, its Covid-19 treatment that has been cleared… Read More
Exports Fall by a Massive 47.24% in April 2020
Pakistan’s exports plummeted during April on the back of the coronavirus pandemic, which forced businesses to suspend their operations due… Read More
The Pandemic is a Golden Opportunity to Pursue a ‘Make in Pakistan’ Policy: SAPM
Abdul Razak Dawood, Adviser to Prime Minister of Pakistan for Commerce and Investment, said that the novel coronavirus has changed… Read More
SBP Allows Banks to Use Quarantined Cash Collected From Hospitals
The State Bank of Pakistan has asked all banks to use quarantined cash that has completed the 14 days quarantine… Read More
Lockdown Will Be Eased in The Next Few Days: Imran Khan
Prime Minister Imran Khan has said that the government has decided to gradually ease the lockdown in the coming days,… Read More
Careem Lays Off Over 30% of its Workforce
Careem has laid off over 536 employees, roughly 31% of the company’s total workforce. This was announced by the company’s… Read More
Rupee Rises Against US Dollar Following Volatile Trade Session
The rupee/dollar parity remained volatile during the start of the week. The rupee endured a highly volatile trading session with… Read More
PHL Issues Sukuk Worth Rs. 200 Billion at Pakistan Stock Exchange
Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy, is issuing a debt-instrument of… Read More
Punjab Govt to Ease Restrictions for Industrialists and Traders: Usman Buzdar
Punjab government is planning to allow more traders and industrialists to operate during the lockdown. Chief Minister Sardar Usman Buzdar… Read More
