Pakistan shuts down borders, educational institutions to prevent coronavirus spread

Mar 14

National

Pakistan shuts down borders, educational institutions to prevent coronavirus spread

ISLAMABAD: The National Security Committee (NSC) on Friday took major decisions including closing borders and educational institutions to curb the spread of coronavirus. The NSC also decided to evaluate the situation on day to day basis. It was the first time that an NSC meeting was called on an emerging public health threat; with Federal […]

by Mrs. Anjum Shahnawaz

Sindh shuts educational institutions till May 30 on coronavirus threat

Mar 12

National

Sindh shuts educational institutions till May 30 on coronavirus threat

KARACHI: The Sindh government on Thursday decided to extend the closure of educational institutions up to May 30, 2020 as prevention measures against coronavirus pandemic. Sindh Chief Minister Syed Murad Ali Shah presiding over special cabinet meeting decided to keep the educational institutions closed up to May 30, 2020. This will be treated as summer […]

by Mrs. Anjum Shahnawaz

SECP issues advisory for companies on coronavirus threat

Mar 12

Stock & Commodity

SECP issues advisory for companies on coronavirus threat

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) on Thursday issued advisory for companies to protect from coronavirus threat. In light of the threat posed by the evolving COVID-19 situation (Corona Virus) and to protect the wellbeing of shareholders, the SECP advised all companies to modify their usual planning for annual general meetings. Meeting of […]

by Mrs. Anjum Shahnawaz

US stocks tumble as coronavirus declared pandemic

Mar 12

World

US stocks tumble as coronavirus declared pandemic

The US stock indices plunged on Wednesday after World Health Organization (WHO) declared coronavirus. This is the second major fall in just three days and wipe out Tuesday’s recovery. The major indices ended down included: Dow Jones plunged by 1465 points or 5.9 percent to close at 23,553 points. The S&P 500 fell by 4.9 […]

by Mrs. Anjum Shahnawaz

Mar 12

World

World services trade to further weaken on coronavirus impact: WTO

KARACHI: World Trade Organization (WTO) has said ongoing weakness in world service trade likely to worsen due to economic impact of the COVID-19 virus. “World services trade growth continued to weaken toward the end of 2019 and into the first quarter of 2020,” according to the WTO’s Services Trade Barometer, released on 11 March 2020. […]

by Mrs. Anjum Shahnawaz

Central banks lowering rates in response to coronavirus threat

Mar 11

Trade & Industry

Central banks lowering rates in response to coronavirus threat

KARACHI: Central banks of the world are responding to negative impact of coronavirus impact and they are reducing interest rate, said a top official of the State Bank of Pakistan (SBP). Syed Murtuza, Deputy Governor, SBP while addressing at a seminar on impact of coronavirus on economy organized by Federation of Pakistan Chambers of Commerce […]

by Mrs. Anjum Shahnawaz

Sindh shuts schools till March 13 on Coronavirus fear

Mar 1

National

Sindh shuts schools till March 13 on Coronavirus fear

KARACHI: Sindh government has decided to further extend the closure of schools between March 01 and March 13, 2020 owing to coronavirus threat. Senator Saeed Ghani, a provincial minister, in a tweet message said that the Sindh government had decided to extend the closure of all educational institutions till March 13, 2020. Earlier, the provincial […]

by Mrs. Anjum Shahnawaz

FBR issues precautionary measures against coronavirus

Feb 27

Taxation

FBR issues precautionary measures against coronavirus

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday issued precautionary measures for tax officials to protect themselves against coronavirus and educate taxpayers and general public for prevention. The FBR said that with the recent outbreak of coronavirus (COVID-19) in China, its subsequent spread across the globe and education of two confirmed cases in Pakistan, it […]

by Mrs. Anjum Shahnawaz

Health declaration made mandatory for passengers entering Pakistan

Feb 25

National

Health declaration made mandatory for passengers entering Pakistan

ISLAMABAD – In response to the ongoing challenges posed by the COVID-19 pandemic, the federal health ministry in Pakistan has taken a crucial step to safeguard public health. The ministry has mandated that all travelers entering the country must submit a health declaration form, outlining contact details and providing a brief travel history. The official […]

by Mrs. Anjum Shahnawaz

Textile industry demands clearance of raw material stopped on coronavirus threat

Feb 25

Trade & Industry

Textile industry demands clearance of raw material stopped on coronavirus threat

KARACHI: Textile industry has demanded the government authorities of early clearance of raw material consignments that are stuck up due to measures taken for prevention of coronavirus. Zubair Motiwala, Patron of SITE Association of Industry, in a statement on Tuesday appealed the government to allow early clearance of imports consignments containing dyes and chemicals, from […]

by Mrs. Anjum Shahnawaz