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New Import Law Will Cost Car Industry Rs. 50 Billion
The Pakistan Automotive Manufacturers Association (PAMA) has asked the government to suspend new rules governing the commercial import of used
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Kagan and Soai win 2026 Nobel chemistry prize
STOCKHOLM: Scientists Henri Kagan and Kenso Soai won the 2026 Nobel Prize in Chemistry “for the discovery of non-linear effects and autocatalysis in asymmetric organic synthesis,” the award-giving…
Business RecorderAurangzeb urges microfinance sector to shift to cashflow-based lending
Finance Minister Muhammad Aurangzeb on Wednesday urged the microfinance sector to shift towards cashflow-based lending and make greater use of alternative data and digital credit scoring to expand…
Business Recorder
ML-1 should be financed partly through commercialisation of railway land, says PM
Prime Minister Muhammad Shehbaz construction of Main Line-1 (ML-1) should be undertaken on a commercial basis by utilising the identified lands worth billions of rupees of Pakistan Railways.
Business RecorderOnly 91 New Retailers Join Tax Scheme, FBR’s Rs. 50 Billion Target in Jeopardy
The Federal Board of Revenue (FBR) has informed the International Monetary Fund (IMF) that only 1,016 retailers have filed tax
ProPakistaniPorsche braces for lower sales era, seeks lifeline from luxury
BERLIN/FRANKFURT: Porsche is steeling itself for persistently lower sales, the Volkswagen brand said on Wednesday, pitching a turnaround plan to investors that aims to boost margins with a focus on…
Business RecorderNearly Half of Region’s Poorest People Live in Pakistan: World Bank
Pakistan is facing mounting economic pressure from higher fuel prices, rising poverty and debt risks following the closure of the
ProPakistaniMari Energies Allowed to Temporarily Import Aircraft for Surveys
The government has allowed Mari Energies to temporarily import an aircraft for airborne field detection surveys in selected areas of
ProPakistaniCorn hits one-week high on US crop worries, soybeans firm
SINGAPORE: Chicago corn rose to a one-week high on Wednesday, while soybeans gained more ground as concerns about declining US crop conditions supported prices.
Business Recorder
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