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Norway’s Sept core inflation steady
OSLO: Norway’s annual core inflation rate remained at 3.0 percent year-on-year in September, Statistics Norway (SSB) data showed on Friday, supporting expectations that interest rates will stay…
Business Recorder
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Pakistan and world business news from seven outlets, one story per event. Updated 2m ago.
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Up to 31% Duty on Imported Bike Parts Sparks Tariff Policy Row
A member of Pakistan’s National Tariff Policy Board has criticized the government’s decision to impose additional customs duties of up
ProPakistaniPakistan's poultry exports lag despite industry's growth potential, says Aurangzeb
Pakistan’s poultry industry has significant potential to expand exports but needs improvements in disease management, feed costs and cold-chain logistics to compete in international markets, Finance…
Business RecorderMisuse of dyes imported under EFS: FBR chairman takes notice of concerns raised by PCDMA
KARACHI: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has taken notice of concerns raised by the Pakistan Chemicals and Dyes Merchants Association (PCDMA) over the possible misuse…
Business RecorderAGTL enters Uzbek market through strategic tractor partnership
LAHORE: Al-Ghazi Tractors Limited (AGTL), the manufacturers of New Holland tractors in Pakistan, has entered the Uzbek market with the delivery of its first export consignment and the signing of a…
Business Recorder
Finance Minister Announces Future of FBR Retailer Scheme
The government will continue the Federal Board of Revenue’s (FBR) retailer tax scheme beyond 2026 because it is not a
ProPakistaniPalm slips over 1% after no duty waiver but still log weekly gain
KUALA LUMPUR: Malaysian palm oil futures slipped more than 1% on Friday, after the government did not announce an expected export duty waiver in its Budget, though the contract still posted its…
Business RecorderIndia rupee posts weekly fall despite rate hike amid adverse flows, weak sentiment
MUMBAI: The Indian rupee ended flat on Friday but declined in a week in which the Reserve Bank of India delivered its first rate hike in nearly four years that did little to help the Asian currency…
Business RecorderPoland may need rate hike in November, central banker says
WARSAW: Polish central banker Ludwik Kotecki said if inflation projections do not show CPI returning close to 2.5% by the end of 2027 or start of 2028, then a 25-basis-point rate hike would be…
Business RecorderUS 10-year Treasury yield risks hitting 6% for first time since 2000, Pimco's Ivascyn tells FT
The benchmark 10-year US Treasury yield could rise to 6% for the first time since 2000 as high oil prices fuel inflation concerns and worries over the country’s growing public debt, Dan Ivascyn…
Business RecorderGovt calls for wider export credit protection, financing access for small exporters
Federal Minister for Commerce Jam Kamal Khan has called for wider access to export credit insurance and financing to help Pakistani exporters enter new markets, manage payment risks and expand their…
Business Recorder
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