MUZAFFARABAD: President Dr Arif Alvi on Tuesday said the incidence of the novel coronavirus (Convid-19) in Azad Jammu and Kashmir (AJK) was negligible with only one known case quarantined in Mirpur and expressed the hope that people would zealously practice precautionary measures to keep the pandemic away from their motherland. Speaking to AJK President Sardar […]
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Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh on Wednesday discussed the measures that the government is taking in order to deal with the economic impact of the Covid-19 pandemic. Addressing a press conference, Sheikh said that the pandemic is expected to have a negative effect on the country’s economy and outlined […]
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Prime Minister Imran Khan on Wednesday while reiterating his hesitance in imposing a full-scale lockdown in Pakistan urged the country’s leaders to “discuss and reassess” their strategies in order to find a way to tackle the situation brought about by the coronavirus outbreak. The PM said imposing a national lockdown would be detrimental for the […]
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BRUSSELS: Shortly after British Prime Minister Boris Johnson ordered the closure of non-essential retailers on Monday to curb the spread of coronavirus, the parent company of Sports Direct wrote to its staff to let them know: the next day would be business as usual. Its argument — that selling sport and fitness equipment was vital […]
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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has simplified the submission requirements for registration of a new life insurance product or registering any amendments in an existing product with the view to promote ease of doing business. Most of the products submitted to the SECP by life insurance companies and family takaful operators […]
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WASHINGTON: International Monetary Fund (IMF) President Kristalina Georgieva warned on Tuesday that she expects a global recession this year due to the Coronavirus (Covid-19) outbreak. In a statement released by her office in Washington, the IMF chief said that since the breakout, 80 countries had sought help from the Fund to cope with its consequences. […]
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Shares continued their grim run on Wednesday, with the benchmark KSE-100 index closing 1,336 points or 4.68 per cent in the red, as Pakistan grapples with the repercussions of the coronavirus outbreak that has brought economic activity to an almost standstill in the country. The KSE-30 closed at 11,833, down 693 points or 5.53pc for […]
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The rupee lost Rs3.5 to reach Rs162.5 against the dollar in the interbank market on Wednesday as various parts of the country observed varying degrees of a lockdown. In terms of percentage, the dollar rose by 2.22 per cent over the previous day’s closing value of Rs159. The rise in dollar came only a day […]
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LONDON: Caribbean Premier League (CPL) officials said on Monday they had no immediate plans to postpone or cancel this year’s Twenty20 cricket competition over the coronavirus pandemic. Launched in 2013, this year’s six-team CPL is scheduled to run from August 19 to September 26, with the Barbados Tridents the reigning champions. “CPL has been in […]
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TOKYO: The Olympic torch relay, due to begin Thursday from a symbolic site in Fukushima, will proceed as scheduled but organisers said they would re-assess in the coming days given the “worsening” coronavirus situation. “The torch relay will start on March 26 in Fukushima, the plan has not changed,” Tokyo 2020 CEO Toshiro Muto told […]
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