Vaccine airlift delivers shot in the arm for airlines

Airlines battered by COVID-19 are prepping for key roles in the mass vaccine rollout that promises to unlock an immediate boost for the sector – and beyond that, its own recovery and survival. Big challenges await carriers leading the airlift, as well as the drugmakers, logistics firms, governments and international agencies planning the deployment across مزید پڑھیں

Britain and EU to resume talks in final push for Brexit trade deal

British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen instructed their negotiators to resume trade talks on Sunday in a last-ditch attempt to bridge significant differences. The decision to revive the long-running talks after they stalled on Friday over three of the thorniest issues suggests both sides believe there is still مزید پڑھیں

Almost 40mn mobile phones are purchased in Pakistan every year

Duty collection on the import of mobile devices doubled to Rs54 billion from Rs22 billion after the Device Identification Registration and Blocking System (DIRBs) was put in place, Prime Minister Imran Khan was briefed on Friday. He chaired a meeting regarding the enforcement of a mobile device manufacturing policy. Prime Minister Khan said industrial growth مزید پڑھیں

Significant growth in home textiles, pharmaceuticals & other exports: Abdul Razak Dawood

Adviser to the Prime Minister on Commerce Abdul Razak Dawood on Thursday announced that several industrial exports in Pakistan have recently witnessed significant growth. Sharing November 2020’s provisional figures on his Twitter account, Dawood revealed that as compared to 2019, the exports of home textiles have grown by 20%, pharmaceutical products by 20%, rice by مزید پڑھیں

ECC okays gas supply to PSM; ends regulatory duty on cotton import

Advisor to Prime Minister on Finance Abdul Hafeez Shaikh chaired a meeting of the Economic Coordination Committee (ECC) today to discuss a 10-point agenda. During the meeting underway in Islamabad today, the Economic Coordination Committee (ECC) has given the approval to end five per cent regulatory duty on cotton imports after mulling over recommendations to مزید پڑھیں

Canada blocks bulk exports of some prescription drugs in response to Trump import plan

Canada on Saturday blocked bulk exports of prescription drugs if they would create a shortage at home, in response to outgoing US President Donald Trump’s efforts to allow imports from Canada to lower some drug prices for Americans. “Certain drugs intended for the Canadian market are prohibited from being distributed for consumption outside of Canada مزید پڑھیں